Benj Gallander

Market Outlook Markets seem like we are in a bubble. There are major problems ahead with corporate, personal and government debts. Interest rates at record lows are not helping. He thinks its a mistake to try to keep real estate markets inflated and does not believe a 2% stress test is enough. He thinks there should be more emphasis on creating jobs, but with unemployment rates so low it could lead to inflation. The CN Rail layoffs are a signal of the spill off effects and could lead to more unemployment ahead for the economy. He does not think the rail blockades should continue.

It has come back a long way after they had a satellite explode. He is amazed it is doing as well with the debt load it carries. It is too expensive for him today.

They had huge writeoffs in 2018 and more could be coming. They got hit by the 25% tariffs. They have diversified into car seats, bicycles and furniture. The dividend has been eliminated. He is watching it, but too early to buy.

He used to follow this a while ago, when it was beaten up. Its batteries may be able to compete, but he does not know enough about it. It is too expensive for him today.

He does not like this kind of company. Their 19.9% interest rates are wrong and repugnant. Their recent quarterly results are strong and it is a sign of consumer debt being high. They have a huge debt load. He would like to see the regulators cause them to lower rates. He would not buy this.

A great company with a nice dividend and good earnings. Unfortunately it does not have enough upside for him. Not his kind of investing -- he likes to see 100% upside potential.

As the stock has not dropped 33% in the last year and have 100% upside, he is not interested as a Contrarian.

As the stock has not dropped 33% in the last year and have 100% upside, he is not interested as a Contrarian.

He owns this and is underwater on it. It pays a great dividend and they just increased it again. This is still a buy for him. It is an insurance and wealth management company.

(A Top Pick Feb 19/19, Down 18%) They are morphing, selling off their energy equity business and moving into wealth management only. He still likes it and owns it. At some point it may become a take out target.

(A Top Pick Feb 19/19, Up 19%) He still likes this and it is on his buy list. They have raised the dividend again. They have not diluted shares. He likes the management team and could see this one doubling still.

(A Top Pick Feb 19/19, Down 67%) He took it off the buy list a while ago. They have paid down their debt load, but their revenues from drilling in the Permian are dropping. He hopes a new management team will help. A high risk - high reward scenario. He will continue to hold it.

Canadian Energy? Oil and Gas is well out of favour, so he is interested. He worries about companies with high debt loads, but he is watching the sector closely.

Chance to double? He is not surprised to see it down 40% on the year. The capitalization makes no sense to him -- although he admits to not being to familiar with their balance sheet. He thought this was a good short a while ago. They have done well, but the price point for their products seems way to high for his liking. This will get hurt as the economy begins to sputter.

Gold & Silver? Gold prices are now over $1600 per ounce. He thinks it should go up further. He holds two gold plays in his portfolio, one in Turkey and another gold company that holds no debt. Gold could do well this year and so could silver. He wished he owned more gold companies.