Stockchase Recent Top Picks RSS Recent Top Picks by Experts http://www.stockchase.com/ en Inter Pipeline <p>Not a cheap stock, but a great story and pays a great 6.7% dividend yield. Has fallen off because of some issues with interest rates going up, and this is more of a utility stock. <em>(Analysts&rsquo; price target is $29.)</em></p> http://www.stockchase.com/opinions/view/175927 Fri, 22 Sep 2017 00:00:00 -0400 http://www.stockchase.com/opinions/view/175927 Cenovus Energy <p>There was the crash in oil prices, and this company didn&rsquo;t restructure as fast as everybody else, and got really hurt. Recently did a very big acquisition and had to issue a bunch of shares, and the stock has fallen even more. This is probably the time to own the stock because of new management coming in, who will probably exit some businesses allowing them to pay down some debt. Dividend yield of 1.6%. <em>(Analysts&rsquo; price target is $13.)</em></p> http://www.stockchase.com/opinions/view/175926 Fri, 22 Sep 2017 00:00:00 -0400 http://www.stockchase.com/opinions/view/175926 Bank of America <p>Owns 10% of deposits in the US, so they could grow through retail acquisitions. However, they are going to grow by organic growth. They have a great retail franchise and great asset management, brokerage and investment banking business, a well-rounded company. Trading close to BV, which he thinks is going to go up to $26.66 next year. The intrinsic value is somewhere around $38-$40. Dividend yield of 1.9%. <em>(Analysts&rsquo; price target is $27.)</em></p> http://www.stockchase.com/opinions/view/175925 Fri, 22 Sep 2017 00:00:00 -0400 http://www.stockchase.com/opinions/view/175925 CASH <p><span style="font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">Holding cash until the middle of October makes sense, because that is when all the economically sensitive sectors turn positive. Wait until that time before using your cash.</span></p> http://www.stockchase.com/opinions/view/175906 Fri, 22 Sep 2017 00:00:00 -0400 http://www.stockchase.com/opinions/view/175906 BMO Equal Weight Bank ETF <p><span style="font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">Historically, banks have had 2 periods of seasonal strength. One of them is right around now through until the end of November. Bank CEOs love to give you good news as you get into the 4<sup>th</sup> quarter, when they release their results. Technically, it looks like we have started into seasonal strength right now.</span></p> http://www.stockchase.com/opinions/view/175905 Fri, 22 Sep 2017 00:00:00 -0400 http://www.stockchase.com/opinions/view/175905 Global X Fertilizers ETF <p><span style="font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">Historically, this has done well from September through to around the 1<sup>st</sup> of the year. It just had a nice break out recently. It is establishing an upward trend, so the technicals are positive. Seasonally, this continues through until January.</span></p> http://www.stockchase.com/opinions/view/175904 Fri, 22 Sep 2017 00:00:00 -0400 http://www.stockchase.com/opinions/view/175904 iShares S&P/TSX Gb Base Metals <p><span style="font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">The run on this started a bit sooner than everything else. If it gets through the top of $14.20, it will run. The chart shows a huge head and shoulders formation. Some of the bigger components are things like Lundin Mining (LUN-T), Teck Resources, BHP Billiton, etc. It will be very volatile, so if you get some profit, then maybe piece off some of it. Come the spring, you are probably not going to want to own this.</span></p> http://www.stockchase.com/opinions/view/175880 Thu, 21 Sep 2017 00:00:00 -0400 http://www.stockchase.com/opinions/view/175880 iShares Nasdaq BioTech ETF <p><span style="font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">This is a long-term theme. We are going to have a little bit of resistance at his initial target of $3.90. <span style="color: red;">(Chart actually shows around $380. Did he misspeak? - Bill) </span>There is some volatility with some pretty big swings.</span></p> http://www.stockchase.com/opinions/view/175879 Thu, 21 Sep 2017 00:00:00 -0400 http://www.stockchase.com/opinions/view/175879 Toronto Dominion <p>This is in the right sector. It is going to give you as much safety as you are going to get by and large, through the SPDR Financial ETF (XLF-N). Chart shows a good long base from 2014 and into 2016, followed by the 1<sup>st</sup> thrust in the latter part of 2016, i.e., the Trump bump. You want to see it get above the recent high of around $71-$72. It is the best bank out there. <em>(Analysts&rsquo; price target is $74.)</em></p> http://www.stockchase.com/opinions/view/175878 Thu, 21 Sep 2017 00:00:00 -0400 http://www.stockchase.com/opinions/view/175878 DowDuPont Inc. <p>The largest chemical company in the world.&nbsp; They may break up into three to unearth more value.&nbsp; They are completely attached to the global economy.&nbsp; There are billions in savings they can generate in the next couple of years to generate a much better return on their assets.&nbsp; It just continues to unfold.&nbsp;<em> (Analysts&rsquo; target: $79.00).</em></p> http://www.stockchase.com/opinions/view/175860 Thu, 21 Sep 2017 00:00:00 -0400 http://www.stockchase.com/opinions/view/175860 Caterpillar <p>It has done well through a difficult period.&nbsp; 80% of the revenue from that sector was just replacement parts.&nbsp; This equipment wears out and has to be replaced and maintained.&nbsp; It has the fastest earnings revisions of any S&amp;P company.&nbsp; <em>(Analysts&rsquo; target: $125.00).</em></p> http://www.stockchase.com/opinions/view/175859 Thu, 21 Sep 2017 00:00:00 -0400 http://www.stockchase.com/opinions/view/175859 Bank of America <p>It is a more domestically focused bank.&nbsp; 40% of business is from corporate and consumer banking.&nbsp; 20% of revenue is from wealth management which they have done a good job with.&nbsp; Business conditions are improving in the US.&nbsp; Higher interest rates are going to give them the ability to make a better interest margin.&nbsp; ROE could go from 7 to 10%.&nbsp; It is trading at 1 times its book value vs. 3 for norms and for Canadian banks.&nbsp; <em>(Analysts&rsquo; target: $27.00).</em></p> http://www.stockchase.com/opinions/view/175858 Thu, 21 Sep 2017 00:00:00 -0400 http://www.stockchase.com/opinions/view/175858 Medical Facilities Corp. <p>They own source surgical centres in the US. They own 55% of the properties and the surgeons own 45%. The surgeons get paid, but they also have an interest in the business. They are mainly in the Midwest. A relatively small company. Management knows what they are doing, and will continue to buy more of these things. He wants to see a 5% dividend yield, which means it will be a $20 stock, and he will reduce his position in it. Dividend yield of 7.5%.<em> (Analysts&rsquo; price target is $16.)</em></p> http://www.stockchase.com/opinions/view/175840 Wed, 20 Sep 2017 00:00:00 -0400 http://www.stockchase.com/opinions/view/175840 Royal Caribbean Cruises <p>The stock is down because of hurricanes; however it continues to plug away. Has a $135 target price on it. Demographic demand is strong. The Chinese are getting into cruising, which is a huge market opening up. Cruising will continue to grow. Dividend yield of 2%. <em>(Analysts&rsquo; price target is $130.)</em></p> http://www.stockchase.com/opinions/view/175839 Wed, 20 Sep 2017 00:00:00 -0400 http://www.stockchase.com/opinions/view/175839 Newell Brands Inc <p>This was a top pick in August. Then we had the hurricanes that hammered Houston. This company owns Rubbermaid and they buy a lot of rubber. They just put out a press release saying their earnings were going to be hurt because of the increased cost of rubber, and in fact might not get it for a period of time. Because of this, the stock has been hit and is now in the low $40s. He does not believe this is a long-term event, and he would buy the heck of it at this price. It is $3 of earnings and an extremely well-managed company. They own a plethora of brands. Earnings are $3 currently, and he thinks that goes to $4 in a couple of years. Has a $60 target price. Dividend yield of 2.2%. <em>(Analysts&rsquo; price target is $58.)</em></p> http://www.stockchase.com/opinions/view/175838 Wed, 20 Sep 2017 00:00:00 -0400 http://www.stockchase.com/opinions/view/175838 Accenture Ltd. <p><span style="font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">More and more people are moving to the Cloud and not knowing how to do it. Production for this company is helping companies do it. That will grow, grow and grow in his view. </span>Has a huge cash horde, and are very good at integrating acquisitions. Sees it in the $150-$160 range in a year. Dividend yield of 1.8%. <em>(Analysts&rsquo; price target is $138.)</em></p> http://www.stockchase.com/opinions/view/175814 Wed, 20 Sep 2017 00:00:00 -0400 http://www.stockchase.com/opinions/view/175814 Altagas Ltd <p><span style="color: #ff0000;"><strong>Subscription Receipts.</strong> </span>They did a big deal with the WGL in Washington, and there is a bit of pressure there, but positive and the fact that you get your $31 back if the deal doesn&rsquo;t work, and a 7% monthly income to wait. Dividend yield of 7.3%. <em>(Analysts&rsquo; price target is $33.)</em></p> http://www.stockchase.com/opinions/view/175813 Wed, 20 Sep 2017 00:00:00 -0400 http://www.stockchase.com/opinions/view/175813 Apple <p>This keeps you in the eco system, which is extremely profitable for them. The apps and the music side is keeping you in there. The iPhone 8 and iPhone X should be positive heading into the holiday season. Also, it is not trading at an outrageous multiple. Dividend yield of 1.6%. <em>(Analysts&rsquo; price target is $180.)</em></p> http://www.stockchase.com/opinions/view/175812 Wed, 20 Sep 2017 00:00:00 -0400 http://www.stockchase.com/opinions/view/175812