Pembina Pipeline Corp (PPL.TO)

Fantastic energy company. 10% per year increase in cash flow until 2018. Should see 4 or 5 % dividend growth.

Had a long run, but has more to go. One of the best Canadian infrastructure companies for visible growth. Have secure projects of about $4 billion, which is as great a percentage as Enbridge (ENB-T) or TransCanada (TRP-T) have as a percentage of EV of the company, with a lot less permitting risk. Trades at a pretty big premium to the group but thinks it continues to do that. Try to buy on a pull back, enjoy the dividend and maybe sell some Calls.

Good solid yield which can grow at 5%-8% a year. Lots of growth potential with lots of projects behind them to make sure that growth is consistent. This is exactly what you want. You get paid while you wait and there is good growth.

Likes the so-called “mid-stream” companies that don’t have that much commodity risk but make a toll pipe that you have to pay. This has become a significant player in the Canadian oil and gas midstream sector. Dividend of 4.25%.

(Market Call Minute) Great growth profile. Prefers IPL.

(Top Pick Mar 4/13, Up 40.18% total return) He lightened up a little but he still holds a significant weighting. This is one you want to hold multi year.

A great company. Is going to participate in the infrastructure expansion in the west. Stable company with safe dividend. There is no reason they can’t continue to perform if we can get the approvals through.

There is a big need to expand the small pipeline infrastructure in Alberta. He can see real growth going on for the foreseeable future.

A very long uptrend and so it has done very well for a long time. We see a very nice breakout this year and there is good support at the $35 level. It could pull back soon.

Had a really good run and he likes the midstream and pipeline industry. Be patient and try to get it on any kind of a selloff or, if you are buying over a period of time, maybe you could pick 4 or 5 different entry points.

11% of a portfolio. Should this be cut back? She would take profits and cut back holdings when they reach the 8%+ range to about a 5%-6% position.

He sold way too early. He didn’t realize that the investor appetite was going to be as strong as it was. Fundamentals have improved now but it is probably ahead of itself here.

Pembina (PPL-T) or Inter Pipiline (IPL-T)? That’s a choice. He would say Buy both. Both have a lot of really good projects in their pipeline and both have done really well and both have a habit of sharing their good profitability with their investors in the form of increasing distributions. Thinks growth is high enough to protect them both from interest-rate increases.

(A Top Pick Nov 30/12. Up 37.81%.) He continues to add to his holdings. Pipelines are good monopolies to own. They have been solid performers. (See Top Picks)

Whether it is transportation or communication or oil pipelines, it is the infrastructure around it that he likes. These are core holdings in all portfolios. 4.66% yield.