Element Fleet Management (EFN.TO)

Finances big equipment, heavy machinery for highways etc. This is the 2^nd coming of Steve Hudson, the leasing business. He is obviously a whiz kid at this. Back for the 2^nd act and he is the Street darling. There is lots of M&A so all the houses like it. It is going to be a hot stock and has done very well. Will probably continue to do well.

Very good company but feels the stock is way ahead of itself in terms of its pricing and valuation. He would recommend that you Sell, and with the proceeds buy Rifco (RFC-X). (See Top Picks.)

(Market Call Minute.) Terrific company. Really expensive. Stock is way ahead of itself. Hold at best, if not a Sell.

At a stage where it is still growing very fast, both by acquisition and by their own initiative, probably for 2 more years at least. It will get a premium multiple over the banks which are facing issues on how they are going to grow. Has seen $12 targets on this.

He has owned. He is waiting for a pull back to get back in. A good long-term hold but fully valued where it is now. Get it below $8.

Recent IPO and has a great history of the management behind it. Firing on all cylinders. Making acquisitions quite aggressively. Very well regarded so it ought to go higher.

Leasing company. Feels the valuation is a little bit ahead of itself. Somewhere in the next year or 2 or 3, one of the big banks will buy this company up.