Seaspan Corp. (SSW)

A media company, and the whole sector was kind of turned upside down last year with the story of Netflix (NFLX-Q). Is Netflix going to be the new method of delivering content to consumers? He likes the category, but hasn’t invested in this directly, but likes the idea. There is a good chance this is going to be a winner for you. (One of our viewers pointed out that this company is not a media company. It looks like BNN and the guest got this one wrong. Have no idea what company they were really discussing. Please ignore this comment. Also thanks to Richard for pointing this out. Bill.)

5.25% dividend yield. Well run. They want to take on a few more ships. It is not well followed. Management nixed the deal and raised the money in another way. He likes the company. Believes the global economies are improving and that this company should benefit.

They recently increased dividend to 5.5%. A ship leasing company. Growing the number of ships they own. Bought back stock. Companies are going to need ships to transport. He factors in global growth.

Shipping industry is tough for both container ships and bulk carriers. This one is well run. As a 20 position portfolio, he would not own this name but as a 50 position portfolio, he would use it periodically based on economic activity.

Company operates with container ships. Management owns about 30% of the company. Pays a decent yield of 6%+. When the economy picks up more container ships will be needed. Long track record and they are setting up for the next move.