Pembina Pipeline Corp (PPL.TO)

(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.

Have about $3 billion worth of projects in the next 4 years. Their base is building. All of these infrastructure companies are doing well because of all the construction, oil sands projects, pipelines, etc.

Inter Pipeline (IPL-T) or Pembina Pipeline (PPL-T)? He doesn’t own Inter Pipline but does own this, which probably gives you your answer. Thinks there is more growth ahead on a percentage basis in terms of EBITDA for this and expects dividends predictably to grow roughly 4% a year.

(A top pick Oct 1/13. Up 1.03%.) Recently had a fantastic earnings report. Chart indicates that it is most definitely not breaking down. He bought it when it was doing a descending triangle. Thinks this one is going to keep going for the foreseeable future. $37 in 12 months is a reasonable estimate.

Recent acquisition really expanded their presence in the US. They have LNG and oil sands also. Continues to like it and sees cash flow growth in the 5-7% range and sees dividend increase continuing. This is a dividend play.

He would be a buyer for new accounts. Good yield and reasonable capital appreciation, totaling 10.2%. Basic business will continue to increase. Just had a change of CEO due to a retirement but there is a first rate team behind them.