Thomson Reuters Corp (TRI.TO)

A great dividend payer and a wonderful company over the years. They believe dividends will go up over the years. It will not be a home run stock, however.

Chart shows a long upward trend from 2013 of higher highs and higher lows. It looks like the moving average was broken early this year. The stock is rounding over, but has some support that has been in place since 2015. You don’t want to see that support broken. The danger right now is that there are a series of lower highs and lower lows.

Sold his holdings at just over $50, at a good profit. Profitability was beginning to improve as he had hoped, but the market was paying so much more for that and he wondered what the scope of growth in earnings was going to be, going forward. Today you are paying over 20X next year’s earnings, and about the same the following year. On a Price to Book basis it is 2.8X right now. He would buy this again, but it would have to be a lot cheaper than it is today.

He has liked the way they have always been able to re-imagine its business for the last 20 years. It is coming out of a huge multiyear base. Has a solid dividend of about 3.5%. This is worth looking at going forward.

Sell and move into something else? This has been a long-term steady Eddie, but if you want to move, perhaps a Canadian bank stock. They seem to be pretty steady. If you want something more international, he likes DH Corporation (DH-T) as an income source.

Great company in terms of electronic data management for legal, health and financial services. Likes this company. Paying a reasonable dividend.

Solid company, but the multiples have crept up. Have always had a bit of a higher multiple. It is currently 23 or 24 times earnings, and 22 times next year’s earnings. A little rich. They have never really recovered from the 2008-2009 financial crises, where a lot of terminals got pulled. A good solid hold, but not anything that is table pounding. Dividend yield of 3.3%.

It has done well recently. Money has flowed out of energy and into consumer sectors. There is more strength in the stock price than is justified. Wait for a pullback before buying it.

(A Top Pick Aug 14/14. Up 26%.) Still likes this. Sold his holdings last year when he saw other opportunities in the market. This is a stock that he probably would look at if it came down a little more. They have a platform called iCom where they are merging all of their products onto. This will streamline their expenses. It will be fully integrated in about 1.5 years.

(Top Pick Jan 10/14, Up 25.20%) Sold in November. It got attached to the safety trade. If he saw a pullback of 15% he would buy it again. They are not as geared to the economy as he would like.

(A Top Pick Jan 15/14. Up 20.79%.) This is one of the key benefactors of the Cdn$ going down. This is helping in translating their earnings back in Canadian dollars and, as well, the dividend is paid in Cdn$. The company is still turning itself around and trying to get to positive net sales in its financial division. Feels this is a holding he will have for a while.

The 2 areas of service include legal services and wealth management support services. Modest growth, but is in 2 areas where it is near the top of the sector. Probably has a good intermediate term growth trajectory, but more of a gradual one.

Has had the best year in about a decade. If you own, you are just kind of breaking even after 10 years. This last year was the good year. He would think the low hanging fruit has been picked now. It is a very difficult area. There is so much content on the Internet and so much of it is free. Also, they are against a very formidable competitor in Bloomberg. He owns some of their bonds.

(A Top Pick Jan 10/14. Up 13.11%.) Sold his holdings because there were other stocks in his portfolio that had been beaten up, and this was considered a safe company, which the market was bidding up. A great company and there is a good margin story, but not a good revenue story now.

A reasonably good entry point. Energy in the Canadian sector is off about 7% in the last 2 months. That reflects that the WTI, the North American benchmark, has weakened quite a bit. In general, the Canadian market is a gas market for drillers and you are coming into the historically strong period from October to March. This company has a relatively new fleet relative to most of its competition.