Pembina Pipeline Corp (PPL.TO)

(A top pick October 25/17, up 13%) Still likes them. Prefers Enbridge to this name. More a midstream player. Good dividend yield and good potential for increased stock price.

He likes the company. This is their top pick in the mainstream space. They have a great mix of assets. Sit on that one and hold it.

Too much debt and rising interest rates. However, they have good managers and good acquisitions over the years. Decent balance sheet. Looks sustainable and stable for now.

(Past Top Pick Oct. 10, 2017, Up 9%) Still likes it. They're positioned well and should benefit from the BC LNG deal announced last week. Likes last year's Verison acquisition because of long-growth prospects like L&G in Oregon. Just raised their guidance. Yield over 5% and have been raising it. Good balance sheet and 53% payout ratio.

Today they have good growth prospects, but because the company has become so large it is harder to move the needle. He likes owning Inter Pipeline (IPL-T) instead. A good hold if you own it.

(Past Top Pick, May 25, 2017, Up 5%) Basically flat this year. They're doing what they're supposed to be doing and are outperforming their peers. Increased their dividend. He stands by it.

They are well positioned, owning pipelines and other midstream operations. The company also made an acquisition that will provide future growth. It offers an attractive yield.

He sees the pipeline sector under political attack, despite the need for expansions and Premier Notley doing the best she can with a bad hand of cards. This is a well-managed company with a good dividend. Any time it trades under $40 per share it is a buy. Yield 5.3%.

He has no pipelines. Cash flows are pushed out to the future. Every time there is a court ruling against a pipeline, it does not help. It is looking a little cheaper and these are getting interesting.