Darren Sissons

Is critical of Ottawa's latest tax changes, because it disincentivizes wealth accumulation and entrepreneurship, those who creates jobs. This will encourage flight risk.  Canada is seeing slow economic deterioration as unemployment and credit card defaults slowly increase, but there is no major systemic risk or irrational moves in the stock market. The U.S. is in a much better economic space with a strong consumer. He expects some, but not substantial interest rate cuts. Meanwhile, the Canadian government is spending which is inflationary.

Buy something blue-chip, stable and will grow long term. Don't rush and chase quick gains. Build slowly.

Obviously, they've benefited from AI, but now we're seeing a rollover among tech names. Best to wait and see after earnings season. It's too early to chase this after it's come down. Overall, he likes AMD.

Higher rates benefit banks because it raises their earnings. Also, consumers in the US are not under pressure (defaults aren't rising). He likes US banks and has bought and sold this. He's waiting to see what US bank earnings look like. This is one of his bank choices.

Will Intel turn a corner? Shares have fallen along with the sales of mobile computers. They're trying to become a foundry, but it hasn't offset losses in CPUs. Healthy balance sheet, yes, but the question he always asks is, What's next for them? He doesn't see a catalyst. 

We need to see more commercial opportunities open up. All Canadian tech has rolled over, including ENGH. The space needs more acquisitions. If the companies don't grow quickly, they will decline, on relative terms.

Pays no dividend, but they buy back shares regularly and is defensive, because their clients are governments. Safe.

No, don't, though MSFT has had a very good run. In general, if feel that a stock has run too far, taking some money off the table is never a bad idea. You will pay some tax, though, but will de-risk your portfolio. Trim, don't sell.

He's done very well with him. There's more obesity after Covid, and NVO is the leader in these weight-loss drugs. You want to be exposed to this space, but occasionally drug stocks suffer a big correction on news. But the stock is very expensive. Likes it. 

Very good company. He likes this space which is on a cyclical upswing. A concern is the US chips act against China. Likes ASML, but on a pullback.

Gives exposure to AI. You get dividend increases and share buybacks. The current sell-off is due to the global outlook of corporate IT spend. Buy on dips, like now. He likes it long term.

They just reported a monster return. It's an AI play in that they produce phones and other electronics that need AI. They lag TSCM, though. Shares are on sale now and worth a look. Will benefit from the general uplift in semis sales.

The Canadian banks reflect the growing weakness of the Canadian consumer. Also, TD has issues with US regulators about money-laundering allegations. Eventually, TD will pay a fine and move on. TD is one of the top Canadian banks. Buy on weakness, but shares could be flat for 12-178 months. He likes it though.

All these utilities thrive when interest rates are low, but suffer when rates rise, and now rates are high. Eventually, these stocks will rise when rates come down, but he wouldn't touch this sector. Their business model is not sustainable and needs adjustment.

he avoids all Chinese stocks because of regulatory risk, interference from Beijing who could change the rules anytime. Policy flip-flops. Even buying a Chinese stock on an American exchange risks that stock being delisted,.