This Week’s Stock Picks & BNN Top Picks Summary: XYL-N, FTS-T and 15 Stock and 3 ETF Top Picks (Jun 27-Jul 03)

Opinion about CNR-T: Pricing power. Good track record on safety. Last year, economy was weaker, and this hit the rails. Labour disruptions. Volumes were affected. Affirmed guidance after Q1 reporting, expects 10-15% EPS growth (assuming there's still volume growth and no recession). Valuation is now at a very attractive multiple compared to historical levels and…

Opinion about XYL-N: Treats, transports, and tests water (drinking and wastewater). Water is a scarce resource; 70% of the earth is water, but only about 2% is drinkable. Aging infrastructure in developed countries needs to be refurbished. Lots of industries require water. One of the few pure-play, publicly traded water companies, and so it trades…

Opinion about UAL-Q: Stockchase Research Editor: Michael O'Reilly We reiterate UAL as a TOP PICK.  Earnings will be released around mid-month and the market has already factored in a 7% decline in EPS.  As customer air miles travelled is set to hit an all time high, we think this is a good time to add…

Opinion about NFI-T: One of only 2 names she owns with no dividend. For her to do that, she really has to have conviction on the company and its stock price trajectory. Biggest segment is manufacturing transit buses, also does coach buses. Supply chain issue with seats is slowly getting alleviated. Backlog at record levels.…

Opinion about PBH-T: Turnaround story. Growth trajectory will be completely agnostic to what's going on in the economy right now. Costco Canada is one of its biggest clients, and now Costco USA is asking for its products. Has spent millions on US expansion; they had the orders, but didn't have the capacity. That capex is…

Opinion about CPA-N: Stockchase Research Editor: Michael O'Reilly As North American air travel is expected to hit an all time record high, we reiterate CPA as a TOP PICK.  Analysts like that the company operates with only 737s to service its Latin-American destinations -- keeping operations lean and mean.  It trades at 8x earnings, under…

Opinion about FTS-T: Dividend choice for an 18-year-old to hold forever. Young investors don't care as much about dividend stocks, but they're really important. It's like collecting rent, instead of making money only once you sell a stock. The earlier they start, the more they reap the benefit of the compounding effect that takes place…

Opinion about TLK-N: Stockchase Research Editor: Michael O'Reilly We again reiterate TLK, Indonesia's largest telecom with over 160 million customers, as a TOP PICK.  We like that cash reserves continue to grow as debt is retired and shares are bought back.  It trades at 12x earnings, 1.9x book and supports a ROE of 16%.  The…

Opinion about BEP.UN-T: Need for energy and power continues to increase. About half its assets are hydro, which she likes for long-term growth. Geographic and asset diversification. Huge deal with MSFT, which should increase production by ~33%. Joint venture with CCO to do Westinghouse nuclear servicing, and she's bullish on clean energy. Poised to do…

Opinion about THE-T: Likes it for its diversity. Simple. It tracks developed markets outside North America. Is performing well, strong after the April sell-off. Great for market diversification.

Opinion about CACB-T: Charges a reasonable MER with along track record. It hold quality fixed income. Will give you 4.5% yields, not super, but reasonable.

Opinion about HVOI-T: Holds lower-risk companies, smart beta. Hold blue chops, lets you sleep at night, plus an option overlay for additional income.

Opinion about ARDT-N: Stockchase Research Editor: Michael O'Reilly Despite concerns from the US Administration's new budget limiting healthcare funding, we reiterate ARDT as a TOP PICK.  Although the bill puts limitations on new funding options for hospital operators like ARDT, analysts cite existing agreements are grandfathered and they expect critics to continue to chip away…

Opinion about EMX-X: Uses geographic knowledge and entrepreneurial acumen to stake large-scale exploration projects around the world, and then farms them out to other people and gets the carried interest (which eventually turns into a royalty). From time to time, it buys operating royalties. Selling at a discount. Absolutely no need to issue new shares because…

Opinion about OGN-X: Selling one royalty to Triple Flag Royalties for stock. Likes it right now because company's valued at less than total value of OGN and Triple Flag combined, there's a merger arbitrage in play. The transaction is accretive to both parties. Shareholders should take the share option, rather than the cash option, and…

Opinion about SII-T: A play on natural resources. Believes we're in a precious metals bull market. This name is a financial services brand name for gold and silver (as well as for uranium). Also active in many other materials, including the Sprott Physical Uranium Trust. Expanding from precious metals to the whole natural resources complex.Assets…

Opinion about NOG-N: Stockchase Research Editor: Michael O'Reilly We reiterate this predominately oil producing company in the Bakken as a TOP PICK.   Recently reported earnings showed a 13% increase in production (a new corporate record) and a 41% increase in free cash flow.  It trades at 8x earnings, 1.2x book and supports a 29% ROE. …

Opinion about TOL-N: Stockchase Research Editor: Michael O'Reilly Following recently reported record Q2 revenues -- beating analyst estimates by almost 10% -- we reiterate TOL as a TOP PICK.  It trades at 9x earnings, 1.5x book and supports a 19% ROE.  It has been prudently using some cash reserves to aggressively buy back shares and…