This week’s new 52-week lows… (Dec 05-11)

They should change their name. He likes what they're doing. It's holding at its current resistence level. It's range-bound and the stock needs to show him that it can break out. (Elliott Fishman)

(Market Call Minute) He likes it.  They are moving into virtual reality.  There is an opportunity, but it is probably a hold. (Peter Imhof)

It has been disappointing to own, but he still trusts management. Their electronic cellular based tracking systems are getting certified on the various cell networks. They get paid a month monitoring fee. They have a couple of big cellular partners and did a recent capital raise to allow for inventory build up as their demand…

They are doing distinctive infrastructure, where they are digging trenches to get that last mile to the home. They are doing this in the UK, and have a large contract with one company. He really likes the story, but is waiting to see some revenues and earnings drop to the bottom line over the next…

(A Top Pick May 20/15. Down 93.21%.) The company had some technology that allowed for compliance and payment processing technology. They started in the Bitcoin area, which didn’t work out very well. They then moved on to high risk areas, which would be considered gaming. Recently announced a strategic review of the company, so are…

They recently had a joint venture with Baker-Hughes (BHGE-N), where Baker Hughes is co-marketing one of their products. It would make sense for Baker Hughes to take over this company. Schlumberger (SLB-N) is the only company with a competing product. (Analysts’ price target is $9.50.) (Veronika Hirsch)

HNL vs. BDI Had both on his watch list. In December he bought BDI after talking to management and following the company for a long time. BDI: Smart management who have paid down a lot of their debt. Well-positioned in mobile homes for oil/gas industry and other applications. Tremendous upside. HNL is also good, but…

It does better in the springtime before summer driving season. This year's it's seen lower-lows and -highs. It's below its 200-day moving average. Oil price has plunged. Can CFW benefit from current $53 oil? (Jon Vialoux)

They are bringing on new wells. They are generating 30 cents in cash flow and trading at $0.38. The stock has been devastated because of debt. It is a junior name. It is a very cheap stock. It is on his action alert buy list. (Josef Schachter)

It is quite a small company.  It is hugely volatile.  There a lot of problems over the years with the pricing of data coming from India regarding a 10% stake in another company.  They have too much debt.  The price of the gas they sell has been negotiated.  A tough name to predict.  (James Rife)

They have two plays. It is pressured because of debt load. Production came down in the third quarter and should now increase. They should knock debt down with the sale of two non-core assets next year. It needs a catalyst before the market will revisit this story. (Josef Schachter)

Is the dividend safe? He just dipped their toe in. He is not 100% confident about the dividend being safe. Most analysts, however, are saying it is. He thinks it is well managed, but is waiting to see the industry stabilize as a whole. (Analysts’ price target is $7.40) (Bruce Campbell (2))

The company is very cheap in terms of price to book. Their book value was $4 at the end of June. However, they have a debt problem: $211 million of debt compared to an equity value of $369 million. He sees this as a takeover candidate especially now because he is seeing consolidation in the…

The preferred K, a rate-reset They've done a good job of splitting up the company into two stocks. They've got things on track. You can hold this preferred. The next reset is not till 2022. ALA has to do more work, but he is confident they can dig themselves out. (Andrew Pink)

Their debt is too high and lack the financial flexibility that others have. He sees other opportunities that do not have this balance sheet issue. (Eric Nuttall)

He is not enamored by the service fluid space.  He feels there is not a strong negotiation position with customers, so he does not think they are benefiting from higher commodity prices.   (Eric Nuttall)

He really likes it. They shut in some of their heavy oil in Q4. They have not reported yet. On Jan 9 they said they were working on cost recovery and liquids rich were going up. His target is a double or triple over twelve months. (Josef Schachter)

He just bought this. This has fallen, based and is moving up now with higher highs. He's very bullish in commodities now, because it was beaten up and has alredy based. (Analysts’ price target is $9.85) (Keith Richards)

It is a small cap. The largest coil tubing company in Canada. It is a survivor. Book value is $1.17. He likes the management company. They are doing all the right things. This was a $2.50 stock in 2014 so you could see $2 going forward at some point a couple of years down the…

Bottoming phase in early ’09 then a rally. Profit taking at end of summer. $0.40 is support level; If it breaks through $0.67 level he would see a dollar. (Jeff Parent B. Eng. FCSI CIM)

(A Top Pick Feb 14/18, Down 38%) Canadian oil has been a tough place since the latter months of 2018. Fine managers. They have a huge land position in northeast BC. But this is an unloved sector. Yet, oil demand continues to rise each year. It comes down to timing. (Zachary Curry )

He likes this and the dividend is sustainable. He has been shying away from the energy sector. If you are looking for cash flow, probably not too bad. He is concerned with Canadian energy. Probably some upside to this name, and currently a good entry point. Has a $38 target. (Jaime Carrasco)

This one depends on your view on gas. He would put this up there with the half-dozen Montney focused names. Has been very impressed with the ongoing improvement of well results. Definitely top tier. (Mason Granger)

He did a bit of tax loss selling in this sector. You can see that the $3 level is going to be problematic. It touched it in 2017 and a couple of times in 2018. It will bring in more sellers as it gets closer to that level. It is going to try to revisit…

Book value is $9.99. Volumes came down because they shut in some dry gas. The stock has been decimated. He prefers other names to this one. (Josef Schachter)

The balance sheet is a bit of a problem but the management team has a way to grow this company going forward. It is a thermal player. He needs to see pipe going in the ground. (Josef Schachter)

(A Top Pick May 25/18, Down 49%) He sold it a while ago and now owns no energy. (Bruce Campbell (1))

This is a controversial name because it is a long term asset being valued on near term momentum and missed numbers last quarter.  They don’t give projections on production numbers.  They have no debt.  It is a buy and hold kind of stock.  (Analysts’ target: $32.07). (Lyle Stein)

He's liked this for a long time; it's his biggest Canadian holding. They struggled a little in latter-2018, failing to sell Colombian assets. They took that off the market in December 2018. They've been aggressively buying back their stock and will continue to this year until that Colombian bid runs out. Trading at 3x cash…

He sold it 4 years ago. A great company and management, but it's related to energy prices. They are efficient at coating pipelines. If their backlog is rising, buy it, but when it is not (like now), don't. (Douglas Kee)

(A Top Pick July 5/16. Up 5.41%.) *Long* (Pairs trade with a Short on Precision Drilling (PD-T). This operates in the environmental reclamation business. Environmental liabilities are something that are becoming increasingly important, particularly in Canada where they have most of their market share. He is still quite fond of this. (Daniel Lloyd)

He is extremely active in trading in his fund. He may recommend a stock today, but get out of it next month because of situations. They put out a horrible Q4. Their entry in the US was horrific timing. He is not comfortable with this name anymore. (Eric Nuttall)

It collapsed in 2015. They sold off their US division. Their balance sheet is much stronger now. They are the largest pressure pumper in Canada. You can buy it today at less than liquidation value. (Analysts’ price target is $2.04) (Teal Linde)

Too big to be taken over, except by a major, and it's quite independent, so that's a very low chance. Pure gas play, well run, profitable, has growth. Chart is pretty good for an energy stock. But valuations are still extremely low. It's in upper 5% of names, but whole group is out of favour.…

The balance sheet is good. However, being a Canadian light oil producer there is just not a lot of interest. They also had a vocal short seller to deal with. He does not feel the need to own this one. (Eric Nuttall)

VII-T very a well regarded technical team and management. Their knock against them is their lack of inventory. Their decline rate has been very high -- 45%. He would rather purchase purchase someone like NVA-T. (Analysts’ price target is $17.00) (Eric Nuttall)

This is in the small mid cap space. They are geographically diverse and this is a concern. At $60 oil, the dividend is absolutely safe. They are trading at 87% of the wells that are on stream today. So everything else you are getting for free. Very undervalued. (Eric Nuttall)

BBI-X is the old ticker. The merger involves a 10 for 1 split. PIPE-X shows a couple of weeks of trading and that is what to go by. They are coming on with new production facilities soon. By the end of the year, they will go to 10 times that. He thinks it is cheap…

It's one of the few remaining income funds. They've paid $1.20 dividend since 2007, monthly. They had a tough 2018 with issues in a subdivision. They have a payout ratio of 62-90%. Pays a secure 12% dividend. Their strong management can turn things around. (Analysts’ price target is $12.38) (Don Lato)

Metal tariffs caused this to fall. Also, steel futures are down. But it pays a safe 6.5% dividend and trades at a reasonable level. Likes it here. (Greg Newman)

It's a big resource, a leveraged play on the copper market. Based in the Yukon, it's a volume play, but not playing the copper market now. It's a big upfront capital requirement now that'll cost $1 billion. (Joe Mazumdar)

It seems the hole went right down the throat of what looked like a structural intersection. Also, it was reverse circulation, and the recovery wasn’t that good. An interesting deposit and in the part of Peru that is very dry, which is part of the issue of getting diamond drilling there. (Joe Mazumdar)

Been a nice success story.  His opinion is that the commodity cycle has really played out here.  (James Hodgins)

Doesn’t particularly like the deposit. Very speculative. It’s all over the map. There are safer names out there. (Peter Hodson)

He is a geological advisor to them.  Consulted on a project in Italy, but it was not what he thought it would be. (Brent Cook)

(A Top Pick Sept 9/16. Down 2.7%.) Has a world-class property in Argentina and a world-class CEO who has done this before. They’ve raised money from various sophisticated institutions at about the current price. At some point, given lithium prices and electrification of cars it is going to get taken out. Highly speculative, but if…

One of his recent “Bottom Fish” that he has put a little bit of tension on. They have the Cheechoo project, about 15 km south east of Eleonore, which is now in production, almost meeting its 300 ounce per year over put. The Cheechoo is a low grade system, but have been discovering that there…

They are producing. They are a medium sized producer. It looks like a reasonable buy but he does not follow it. (Robert McWhirter)

Wouldn't be his top pick. Usually goes with the cycle pretty well. We are still in a sceptical stage of the market. Any silver company will do well once the optimistic phase begins. (David Morgan)

A very small gold explorer. Probably the best claim to fame is that its project is located near the Detour Gold (DGC-T) project near the west detour part of that project. A very prospective camp. Still early stage. He likes the management team. (Dennis da Silva)

In a great spot now if you want to enter. Building a bit of a base, likes the selloff, nice runup. (Elliott Fishman)

Copper pricing seems to be Firming here.  Commodities are starting to come off from a bottom here.  It is 9 years into a bull market and into a recovery.  If you are going to play it, this is probably a not bad place to be.  Copper looks interesting here. (Norman Levine)

It is not a mining company, but a project generator.  The CEO has done this for 25 years.  He then sells off projects to companies that try to turn them into mines.  He gets stock and a royalty in exchange.  He has about a 160 properties.  Some day the CEO will want to sell the…

It has returned to previous support from November. He would look at the $9 range. If it breaks below that they we have a problem, otherwise it will base at this level before going up to $16. (Hap (Robert) Sneddon FCSI)

Once owned it. The new CEO (a successful woman with a good track record) replaced the former CEO who was burned out. An essential stock to own in the diamond space. He may rebuy it. (Rick Rule)

Gold will trade in the $1,100-1,400 range. For PG to rise, gold must rise even above $1,400. He doesn't see any short-term upside in gold. PG has probably bottomed out, but he doesn't see it going up either. (Elliott Fishman)

It is one of the best in the space. It has a single asset risk and exploration has not born out given what they have spent. A recent acquisition may change things in terms of diversification. A fund was a major holder of this stock last year and liquidated it and put the valuation under…

(A Top Pick Jan 05/18, Down 86%) He sold out of this when it became apparent oil prices were not going to finish above $70 per barrel by year end. He sold out around $6.50. Demand for frac-sand is down and their is greater competition in the US. Spending plans have declined in Canada as…

The founding families completely sold their shares, so SJ had a rough 2018. But this year could be a growth year. But this can be a cyclical business--replacing train tracks. They should grow revenues 3-5% a year and make further acquisitions. Expects dividend growth. Very undervalued. (Barry Schwartz)

A small silver company that he has looked at. There is a valuation opportunity but it is just such a small company. He does not know a lot about their acquisition. After we get news on it you have 12 months where they will be range bound. It is a bit early for a re-rating.…

Agnico-Eagle (AEM-T) came in a while ago and made a 9.9% stake in this company. The stock went up, but it really hasn’t done much since then. Then Barrick (ABX-T) came in and said they really liked the deposit and wanted to do a joint venture. This is a much better approach that is better…

Management is first-class. The stock may be fully priced given where they are in the assets that they acquired. However, if you go back in time with this management, you don’t do poorly investing with them. (Rick Rule)

A good story. Good management. Have a major gold discovery and process near the Galore Creek project where NovaGold (NG-T) halted their development. This knocked them back and they are very undervalued at this point. The road they built goes past Romios property, which helps them. (Greg McCoach)

He would advise viewers to go to this company’s website and looking at the management discussion, which you might find interesting. (Peter Brieger)

Used to own it and would like to again this spring or summer. Knows the management team and where they're mining, Nevada, very well. (Rick Rule)

In general terms still on a downtrend. Bearish big picture. Could get back into the 20 dollars. (Keith Richards)

This snow mobile marker was the crown jewel carved out of Bombardier. It is probably worth looking at and is a well run business. He has been waiting for a reason to buy -- maybe it is now. (Fabrice Taylor)

(A Top Pick Jan 05/18, Down 32%) The auto parts sector is slowing and there is concern about lease financing. He sees Lyft, Uber and mass transit is having a long term impact on the industry. (Robert McWhirter)

He used own this music streaming business. After the raise in cash flow was directed to buying radio stations he got out. It is no longer of interest to him as these businesses do not make money. (Fabrice Taylor)

Average down? It had a great run since 2008, overtaking its fair market value, $24.50 now. Little upside here and not cheap. (Ross Healy)

Largest demographic group is the 29 years old. Ready at the point of household formation. No debt. They generate a lot of cash. (Analysts’ price target is $50.33) (Chris Stuchberry)

It is unbelievable where this stock is trading at. Acquisitions this year are worth less than half what they paid for them. It was trading at less than half what it was worth. They are trading below the amount of cash they have. It shocks him how far it continues to go down. (John Zechner)

This has been a very difficult stock. Recently reported a very bad quarter. He would stay away from this one. Inventory has gone up a lot and their margins have fallen. Cut the dividend totally. Thinks they are in a bit of trouble. (Peter Imhof)

  (Ian Ainsworth)

Owns a small position. Low margins. They've done a very good job with distribution and getting their revenues up, but he needs to see their margins rise. They're too low. He won't add to his position until then. They have some good products.  (Peter Imhof)

A micro-cap. He holds debt securities and have been collecting those coupons. SPP is interesting, but highly speculative. They run little coffee shops. The coffee and food are really good. He wouldn't buy it for that reason, but it's okay in a portfolio. (James Hodgins)

A great growth story. It's expanded its reach from a dozen to over 100 countries, and enlarged its product range. They sees 17% EPS growth. It's trading below its historic average. Just remember it's a small cap, and don't own this during a recession. (Analysts’ price target is $73.00) (Greg Newman)

He's owned this from time to time, but CGX is frustrating. It plays the movie pipeline, hits or misses, the stock rises or falls. A good dividend player, but there are better dividend stocks. (Andrew Pyle)

(A Top Pick Apr 24/18, Down 47%) It's oversold. He's watching it and may buy back his position. They've gotten into cannabis retailing out west and are looking at Ontario where he expects them to have a strong presence. Note: Aurora bought 25% of CLIQ at $15/share (today $5). Ouch. (Colin Stewart)

A $400 million market cap company. Latest earnings were down 35% against only a fall of 3% in sales -- a red flag. Trading at 10 times PE and 11% ROE. If you get confidence in this it has good upside. He does not own it. (Robert McWhirter)

A growth company, adding stores. They've built their brand and are well-managed. However, they had a few quarters where same-store sales disappointed, so the stock got hit. But there's still room for them to grow in Canada. A decent place to put your money if you're long-term and don't need a big dividend. (Douglas Kee)

This tracks the lifecos in US and Canada, using an actively managed covered call strategy which gives you low volatility. Lifecos will benefit from rising interest rates, and are moving into asset management. An ideal way to offset interest risk on the fixed-income side. Pays a 3.5% yield. PE 8.5x. (Tyler Mordy)

Likes this holding, because Canadian and US investors are going to have to start looking somewhere else to diversify a little more. (Mike S. Newton, CIM FCSI)

How much weight would you give to a preferred share ETF within a FI portfolio? He doesn't like preferreds. You get a return of a bond abut the risk of a stock. He prefers covered calls for income. (John Hood)

HPB Energy Bull+ ETF. Immediate leverage to oil price moves. If you have a very good near-term bet that you want to make on oil this would be the way to go but if you are looking for an investment in the oil patch that has a long-term investment implications, then you should go to…

HPR outperforms the larger index. It's interest-rate sensitive. Pays a good yield. However, if the Bank of Canada cuts rates, this will decline 10-15%. This is a tactical buy, so sell on a rally of 5-10%. Not a long-term buy. (Larry Berman CFA, CMT, CTA)

How do you select ETFs? He likes low MERs in general when looking for ETFs -- usually under 10 bps. Don't buy the

A year ago all the rate reset preferrds got set lower down.  He is not a big fan of this although he has a bit. (John Hood)

(A Top Pick January 13/17 Up 17%) The return followed the market as was expected, due to its beta based on the international market.  He likes it as a core holding.  The ETF is quite liquid and has a built in currency hedge with exposure to large cap European and international holdings.  (Daniel Straus)

(A Top Pick Jul 03/18, Up 2%) Likes it. Banking had a bump in Q4, but it's coming back. A good long-term hold because of their dividends. Good cash flow. Banks will increase their dividends. (Richard Croft)

He likes this and ZPR-T, but in general is not a big fan of preferred shares as he feels they have the yield of bonds and the risk of stocks. He holds it as a partial position, but does not view it as a good place to park cash. The yield on HPR-T is over…

Equal weight US bank with a currency hedge. The yield curve will invert sometime next year and then banks won't make money. Don’t put new money in but you can trade them today. (Larry Berman CFA, CMT, CTA)

ZWE vs. ZWP Both are similar, the difference being the CAD currency hedge in ZWE. Also keep in mind that there's a covered call overlay on these ETFs. IF you need a lot of yield, certainly both are valid. He thinks the CAD-Euro will be neutral for a while. Perhaps buy a mix of the…

General opinion of the sector The insurance group had run up earlier in the year as longer term interest rates were expected to rise. However, as short term rates have risen faster this has taken the wind out of the sails. There is still more upside in rates and with yields of 5%, it is…

Very focused. Have positions in 4 life insurers and they are running a covered call program against the existing long positions. Going to have volatility given its exposure. (Robert Floyd)

SLF vs. MFC MFC is the trading stock vs. SLF is the holding stock (more than a year). Long-term, SLF has a smooth chart, and MFC has been jumpy--but you can make money on those big swings. (Keith Richards)

Great management and great Board of Directors. They just finished a raise. Doesn’t think there are any headwinds anymore. With a fully loaded balance sheet, they’ve got a great growth in their client base, having gone from zero to 42 with 17,500 payers in the last year. Just signed on an ERP Vendor news cycle,…

The Canadian banks are good value. They've come off their highs in the recent reports, due to the harsh market action in Q4 2018. CIBC is the cheapest of the pack in terms of PE and highest yield, but it's also had its issues. It's priced accordingly. He likes the American exposure of TD, though.…

Got stuck at $40 and had a sell-off. $20-40 range, so there's plenty of upside here. He's worried about this sector, but CWB has already sold off, so he's not worried about it. (Elliott Fishman)

Owned it a few years ago and cut his losses. Now, cut your losses. This business is struggling as an asset manager, specifically to retain and attract new clients. Also, their key managers, including the CEO, have been leaving. They won't generate much in performance fees, which has been an attraction for investors in the…

The juicy dividend sticks out. He thinks it is safe, but you have to be able to stomach some volatility. Their business lines are concentrated on the Canadian consumer, vs. BNS-T, which is international. The dividend is safe but it could have a 20% correction from here. It is not a screaming buy although the…

It was a good stock until 2018, then declined in a big move down. Things change quickly in the money-management world. It's a long-term trade for him. True, it isn't basing yet, so he's entering this a little early because he sees value and not much downside. (Analysts’ price target is $95.91) (Keith Richards)

The parent is discounted on a NAV basis relative to the underlying assets. He does not like the sub-underlying companies, especially on the investment service side. He would prefer to hold their preferred shares. The yield is well covered. Yield 5.5% (Ryan Bushell)

It is a well established business. It is diversified. There is the wealth management business. The dividend is safe. The broad mutual fund business is under pressure. Buy it for yield but not for growth. See Canadian banks. (Kash Pashootan)

Problem is that whenever it gets to $8, like clockwork, they do an equity financing, and the stock gets whacked. Good managers, who own a lot of stock. Long-term, bulking up on acquisitions makes sense. Not a bad stock, but frustrating. Yield above 9%.  (Fabrice Taylor)

He once owned this. Sit tight with it. He owns Aecon instead. He likes SOX, though, and talks to the CEO. A well-run business. Doesn't know why the dividend was cut. (Andrew Pink)

(Market Call Minute) It is a merger of Northern and Urban communities.  Fully valued here. (Michael Simpson, CFA)

(A Top Pick May 14/18, Down 21%)  It had a tough go since he was on.  He continues to believe it is one of the best plays to get exposure to bit coin.  It is a well run company. (Thomas George)

It is a company that invests in cannabis opportunities.  The most recent is in Australia where it is one of the few companies that is licensed there.  They also announced a deal in Jamaica where production is coming on line.  It is a reasonably diverse way to participate in the space, but he thinks there…

REITs in general are strong in the summer, different from most sectors.  Last summer it had a pretty good run.  Right now it is in a trading range.  If it breaks above it you will run into an upward trend.  It will continue until September. (Don Vialoux)

They have been so aggressive at moving toward hybrid and electric busses. Municipal governments want to cut costs and meet climate goals. They are more interested in low carbon transit options. He is thrilled to see them moving so far ahead with hybrid and electric busses. It can do well. The city of Toronto just…

(A Top Pick Nov 16/17, Down 27%) When he picked it the PE was 12 and a yield of 4%. The PE has dropped to 9 and the yield has risen to over 5%, but he is no longer excited about their strategy. He may buy back, but it is out of the portfolio. (Fabrice…

It'll be flat this year. It's very illiquid, so likely way cheaper than it ought to be. Good balance sheet. Cheap at 8x earnings. The payout ratio is safe. You can buy and win with this. (Greg Newman)

We have infrastructure plays going on. But there is a long term downtrend and it does not want to get through the $1 to $1.20 level. If it did, it would be a new trend. (Analysts’ price target is $1.77) (Hap (Robert) Sneddon FCSI)

Doesn't know this well. It pays a safe, decent yield. It ran up recently. One question is renewing their Air Canada deal later and renewals make investors jittery. (Douglas Kee)

Hold it for two years? It's a deeply cyclical stock that hasn't been doing well. He wouldn't hold it for two years, but rather buy it now as a trading opportunity. (Andrew Pyle)

He is concerned that this company can be disrupted along with the space. The debt level of the company is a little higher than the one he is comfortable with. The company is doing the right things, but if the industry in general shrinks it will be affected. (Chris Stuchberry)

He bought it years ago. Pays 4-cents each month in dividends. He's doubled-down and averaged down. It doesn't have the normal upside for him, but it's a fine demographic play. People are getting older. He sees 50-100% upside. Safe to buy more here, but he wants them to pay down its debt more. (Benj Gallander)

This is another company in the cannabis space. This is not a cannabis producer, it is a company that adds value in that space. They are mapping cannabinoids, looking for different formulations to treat different diseases.It is highly speculative, but he thinks there is opportunity for this type of company. He likes the management. In…

Doing a number of things in the animal area. Interested in it. There should be some dramatic catalysts this year. (Hugh Cleland, CFA)

Just announced a discovery in Columbia. Flow tested over 2000 barrels per day. This well could produce up to 5000 when brought into production. A very well distributed stock so it might not jump too fast. Company could get taken out. (James West)

(A Top Pick Jan 24/18, Down 53%) As a smaller cannabis producer, they have not moved into the international expansion. They have done some interesting branding deals in the US. The stock trades at a good multiple and they have a good cash holding. He will continue to hold it. (Bruce Campbell (2))

Heard good things about their brand, quality production. Small player, so would hope they can do a joint venture with someone. Branding will be tough with regulations from Ottawa, so strong brand now could pay off. (Scott Willis )

It formed a nice base. It has a strong yield. It is coming out the last few days. We are getting close to a break out. (Jeff Parent B. Eng. FCSI CIM)