Now that the year is done it is time to evaluate how my investment for the last year has performed. Even though at the start of the year I wanted to actively invest I only made about 10 trades for the entire year. For about 3/4 of the year I held onto two of the investments I had bought earlier in the year. They were both good picks, however I had only invested about 17% of my money in these…
I use many different sources for my investment research, including analyst top picks, articles , and research reports. I am going to keep track of which analyst picks I have had success with and whose picks that I have suffered on ! My Favorite Analysts: Name Company @ time of pick Pick Jason Arnold RBC Capital Markets Air Lease Corporation – AL Stephen Walker RBC Capital Markets Newmont Mining Corporation – NEM The ones I am currently staying away…
About five months ago I had bought Linkedin shares . This was right after Microsoft announced they would be buying Linkedin shares at $196 per share. One of my main drivers for buying these shares were because they were trading at below the price Microsoft had agreed to buy them at. They were trading between $191 and $192 at that time. I believed this to be an arbitrage opportunity. You can read about my thought process here . The definition…
When Trump won the US presidency I expected the markets to take a beating. It did not. If he were to implement some of the ideas he talked about during his campaign it will hurt the American dollar, but there is also a very strong argument that the US economy will be in a strong state due to the proposed 15% corporate tax rate. Gold is something you invest to guard against inflation, and at times of uncertainty. So let’s…
Last Monday (Oct 31, 2016) I sold my Enbrdige shares and took profit. When you hold stocks it is important to take profits periodically. I have owned Enbrdige since February of this year ( 2016) . You can find the original article I wrote about Enbridge here . I also reported on progress on how this share was doing in June. You can find that here . There were a few reasons for taking profit (selling): I was targeting a return of…
I was interested in finding stocks trading on a Canadian exchange that is trading under $5. I used BNN.ca to identify some stocks that were currently trending on BNN.ca, that was under $5. Below are my thoughts on such stocks: FTG-T – Circuit boards for airplanes. Small company, small volume. Has a one year target of $3.38 and the current price is $3.08. That will give me a 9% return which is decent but I am going to keep on…
BAM is another stock that I had short listed as part of my initial screen for Fall of 2016. Let’s take a look at it some more. This stock is currently trading at its 52 week high. That may not be a bad thing, but I always hesitate to trade stocks that are trading near 52 week highs. It has a Yahoo one year target estimate of $43 dollars. This target may not be realized but it is a good…
Air Lease (AL) was a stock I had highlighted as one that I wanted to look into further. It was part of my initial list of stocks for analyses for 2016 Fall. Currently it has a price target of $73 USD dollars and it is currently trading at around $29.74 dollars. That is a very attractive gain forecast – It will provide a return of 145%. The target price is obtained from subscribed research reports. Yahoo has a target price…
I was contemplating buying this stock since it was on my initial list of stocks. However I came across this technical indicator analysis article on yahoo . “Brookdale senior living breached its 50 day moving average in a bearish manner” This made me hesitate. However on the same page this stock is highlighted as a undervalued possible momentum play. In my view undervalued is always good and any stock for which you can use momentum in your favor is a…
If I had $100 000 I would currently research the stocks below and make picks from this list. I started by reading multiple research papers to identify some potential stocks that I may invest in as part of my portfolio. Quick Notes: Air Lease Corporation ( NYSE:AL) – I don’t normally like to invest in the airline industry, however Air Lease is more of a financing company, and I expect air travel demand to continue to increase given the demographic…