Building or rebalancing your portfolio and wondering what investments to consider next?
Here’s what leading experts featured on BNN Bloomberg say investors should consider adding and dropping from their portfolios today.
In your opinion, what single investment should investors own right now — and why?
Molson Coors (TAP): Stock has hit a multiyear low but with low debt, world class brands, and a solid dividend, we believe a turnaround can ensue. There has been insider buying and the stock could be a takeover target. The stock is very oversold, with a relative strength of just 25 (anything below 30 is very oversold) and has lost 14 per cent in the last 15 days.
KKR (KKR): One of largest alternative asset managers in the world now battered by concerns over private credit. However, we believe a small part of its business and the sell off presents an attractive entry point.
Campbells (CPB): Slow growing classic consumer staples outfit is a multiyear low. However, now with a very attractive dividend and valuation, it can present opportunities for investors and takeover specialists while cutting costs to boost profitability. The stock is very oversold, with a relative strength of just 21 (anything below 30 is very oversold) and has lost 21 per cent in the last 15 days.
From your perspective, what is one investment investors should consider dropping from their portfolios — and why?
Uber/Nvidia link up: The two companies plan to launch a global fleet of autonomous vehicles (AVs), using Nvidia’s Drive Hyperion platform and Alpamayo AI. Rollout should be in 2027 and 2028, and will involve third party manufacturers. Should you invest in either one on this announcement? Probably not.
DISCLAIMER: D.G. Dietze, family and clients own TAP but not CPB or KKR.
In your opinion, what single investment should investors own right now — and why?
Canadian Natural Resources (CNQ TSX): Large cap energy, no need to focus on smaller and riskier companies for return. Good balance sheet, low cost producer, has a dividend that’s been growing 22 per cent over the last five years.
From your perspective, what is one investment investors should consider dropping from their portfolios — and why?
Companies that reportgreat numbersbutdon’tact well after. Underweight technology.
