23 Stock Top Picks and 5 ETF (Feb 01-07)

Opinion about DIS-N: It's been consolidating and has to outperform earnings to break out which he expects, given strong theme parts and streaming. It's neither cheap or pricey at 20x PE.

Opinion about SYK-N: He hasn't seen valuations like this since 2020 briefly and 1993. Their big growth driver is orthopedics with robot-assisted surgeries, with growth expected to double over 5 years; robots account for roughly 45% of their orthopedics business. (Analysts’ price target is $429.76)

Opinion about MFI-T: It is up 15% in the last month. Has a steady underlying business. Inflation has increased costs but it is catching up now and can increase sales prices and maintain costs. There is potential in the spin-off. Although he doesn't own it, it is moving up in their ranking system.

Opinion about LEN-N: Owned this until the spring, when the company reorganized and spun off the piece that owned the land. Smart from a corporate standpoint, but ramifications were not clear from a Canadian tax perspective and can be costly. He still owns other homebuilders.

Opinion about HD-N: Was down 1% today. It needs deeper interest rate cuts than 25 points as announced today to get this stock rallying. The stock will still go higher, albeit slowly.

Opinion about TD-T: In the cash account of a retired senior, picked it up at $79. Hold or take profits? Some are concerned about growth cap in US. He likes it for the amount of cash on balance sheet, so it can withstand any weakness in the Canadian economy. Grows its dividend. Hold on, don't…

Opinion about PGR-N: A number of P&C insurers in the US pulled back post-hurricane. Technically, not broken. Sector probably does pretty well going forward. 

Opinion about FFH-T: In the defensive part of Canadian financial services. Underwriting profitability consistently getting better, the core reason why stock's been doing better. Opportunity to term out its fixed income portfolio. Not a screaming bargain today, but makes sense as part of a diversified portfolio especially as we pivot away from banks and get…

Opinion about XLRE-US: It's all about interest rates. Probably we need to see the 30-year fall below 6.0% to trigger pent-up demand and will likely get it. We're 5 million homes short in the U.S. and have been underproducing for 14 years.

Opinion about CAR.UN-T: Is stable, with apartments remaining strong with steady rent growth.

Opinion about CNR-T: Attractive today. Makes sense in the narrow sandbox of Canada. Assets are pretty robust. Prince Rupert expansion should help volumes.However, take a closer look at UNP.

Opinion about WSP-T: Why the downturn today? Doesn't know why it's down 3.6% today. WSP is extremely well managed, therefore commands a premium valuation.

Opinion about RTX-N: Is up 31% the past year. Both their aerospace and defence businesses work because of over $1 billion in US defence spending.

Opinion about CP-T: CP vs. CNR CP is the better value on price to growth, though CNR still does work. Don't be in any hurry to buy the rails. You can hit nice singles with them if bought at the right time.All the transports have had a tough time -- JBHT just guided lower the…

Opinion about AC-T: He got rid of it due to the choppy chart. Airlines are labour-intensive, subject to strikes, have high fuel costs, sensitive to the economy. Chart's showing it's neither here nor there. If it broke a bit below where it is now, as part of a longer-term downtrend, could easily see $10 range and…

Opinion about ATS-T: Upward trend from April selloff, showing strong support from the technical side. Fiscal 2025 EPS was slightly down, but forecast to rebound. Price target is 10% upside from here. Still below 52-week high. Analysts remain confident in company's leadership despite CEO stepping down, and she'll be monitoring closely.

Opinion about BOX-N: Last year they fended off a challenge from an activist investor. Its platform enables remote work, so share soared during Covid. But then earlier this year, the activist threatened to take it over. Instead, in April, Box struck a deal with another investor, KKR, for a $500 million investment to mostly use…

Opinion about GOOG-Q: (A Top Pick Oct 22/24, Up 54%) Trading at a discount to the S&P average multiple, even after this wonderful run. That's on the back of increased earnings. When earnings increase rapidly but the price does too, the valuation doesn't change, and a company can still remain a very good buy.Depending on…

Opinion about BYL-T: Notoriously volatile. BYL has had a rough ride in recent years, but has fixed their balance sheet after selling their money-losing mobile business based in Korea. Are now focused on embedded antennas, infrastructure and satcom. They just announced a big stadium deal in South American for their wireless antennas, in which they…

Opinion about KXS-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research It has a strong balance sheet with $260M net cash. EPS is set to surge this year and rise another 25%+ next year. Cash flow is good and it is a relatively conservative company overall. As a supply chain software solution, it…

Opinion about META-Q: (A Top Pick Aug 28/24, Up 53%) Didn't trim this either, in his top 5. 12-month price target of $805. You might write some calls, but it's another one that blew the doors off earnings. If you own it, hold on. For new $$, buy in thirds here, around $730, and anything…

Opinion about NOW-N: ITSM (IT service management) platform. Integrated into the IT department of a lot of Fortune 500 companies. Implementing a lot of AI solutions at these companies, so this name actually benefits from the AI disruption. Free cashflow compounder for a very long time. 

Opinion about MA-N: Likes the long-term secular growth. 50% of world's transactions are still in cash. Seeing more cross-border transactions and leisure travel. Few competitors. Always trades at a bit of a premium. Still likes.

Opinion about XEC-T: Tilted portfolios towards developed and emerging international. Best returns will come from here.

Opinion about EWZ-N: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research We are not experts on Brazil, and it has certainly had some economic issues of late. Still, the Brazil market is nicely ahead of the US this year, and positive on the year. EWZ is up 10.17% YTD. Certainly for investors looking…

Opinion about IHI-N: Healthcare is not a value trap. It's the worst performing sector this year--and could get worse--but the knife has fallen. If you're looking for something to buy in a market with high valuations and possible headlines from inflation prints, look at healthcare. Healthcare is insulated from interest rate volatility. If you're worried…

Opinion about XBAL-T: Balanced ETFs for a long-term hold? VBAL and XBAL are great, one-stop shops for smaller accounts. Leave it and forget it. Typically has about 40% fixed income, which would have had a tough run up till about a year ago. VBAL costs about 25 bps for the MER, XBAL costs about 20 bps.…

Opinion about EQE - NEO: (A Top Pick Jan 07/19, Up 14%) They are one of the lead orders on this. There was a technical issue where it was listed on the TSX and NEO. The fund refused to list it on the TSX. It doesn't have good liquidity due to this and so they…