Stock Opinions by Kevin Sullivan

BUY ON WEAKNESS
Schlumberger Ltd.

Delivered a mixed Q3, but earnings were excellent with revenues up double digits. Today's sell-off is a buy. They've been increasing their dividend a lot in recent years, nearly 2%. They benefit from the exploration, more than the price, of oil, and they are digging now.

oil / gas field services
BUY ON WEAKNESS
Caterpillar

Doesn't see a major recession, and so sees major upside here. They crushed their last quarter. He just bought it on a pullback, will buy again and hold for the long term.

machinery
BUY
Coca-Cola Company

It's been oversold, triggered by this anti-sugar talk driven by the anti-obesity drugs. He expects good earnings from Coke.

food processing
SELL
Lockheed Martin

He just sold it, stopped out. Their price action was horrible. If their is increase in demand spending, it will take a long time to reach the bottom line of LMT.

Transportation
SELL

He rode a covered call in anticipation of volatility. He captured a 90-cent profit one day, then closed it out.

Financial Services
BUY
McDonalds
Price target cut today

Has owned this for 10 years. An incredible dividend grower. Will write calls on this in the $290s.

food services
BUY
Visa Inc.

Reports next week and will blow it out of the water. They carry nearly no debt, not exposed to the consumer, and have an incredible balance sheet.

other services
HOLD

They may report positively next week. The dividend is safe. They're laying off staff and cutting or halting 5G capex spending. 

telephone utilities
HOLD
Merck & Company

Healthcare is having a poor year, but they have a tremendous drug pipeline and strong balance sheet.

biotechnology / pharmaceutical
BUY ON WEAKNESS

Loves it. The market is wrong. Maybe the numbers next week won't be great, but he would buy on any weakness.

Transportation
BUY
Microsoft Corp

Is down 6% since its last quarter, when they crushed the top and bottom lines. Boasts double-digit growth for years.

computer software / processing
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