John O'Connell, chairman and CEO, Davis Rea
Focus: North American Large Cap Stocks


MARKET OUTLOOK

Investors continue to have two minds towards the valuation of companies: there are those companies that can grow their earnings irrespective of the ills of the world and those that can’t. For those companies capable of growth, the question is how high of a valuation is justified in a zero- rate world. For those struggling, the question is: when do investors judge a return to normalcy and will those companies survive until that time? If one judges a return to the old days, many companies represent good value as interest rates can be expected to stay low longer than most investor time frames.

TOP PICKS

John O'Connell's Top Picks

John O'Connell, chairman and CEO of Davis Rea shares his top picks: JPMorgan, Bank of America and Facebook.

JPMorgan Chase (JPM NYSE)

Facebook (FB NASD)

Bank of America (BAC NYSE)

 

DISCLOSURE PERSONAL FAMILY PORTFOLIO/FUND
JPM Y Y Y
FB Y Y Y
BAC Y Y Y

 

PAST PICKS: AUG. 20, 2019

John O'Connell's Top Picks

John O'Connell, chairman and CEO of Davis Rea shares his top picks: JPMorgan, Bank of America and Facebook.

JPMorgan Chase (JPM NYSE)

  • Then: $107.31
  • Now: $94.18
  • Return: -12%
  • Total Return: -9%

Thermo Fisher Scientific (TMO NYSE)

  • Then: $276.19
  • Now: $430.46
  • Return: 56%
  • Total Return: 56%

Walt Disney (DIS NYSE)

  • Then: $135.13
  • Now: $125.83
  • Return: -7%
  • Total Return: -6%

Total Return Average: 14%

 

DISCLOSURE PERSONAL FAMILY PORTFOLIO/FUND
JPM Y Y Y
TMO Y Y Y
DIS Y Y Y

 

TWITTER: @davisReaLtd
Personal Twitter Handle: @uncommonSI
Company Website: www. Davisrea.com
Blog: uncommonsenseinvestor.com