Latest Top Picks

Stock Opinions by Jim Doak

TOP PICK
Kohl's Corp

US retailer that competes with J. C. Penney and Macy’s. Been struggling lately. Tries to buy companies when they are going through a bit of a rough patch because she can pick them up at a pretty cheap price. Trading at less than 10X earnings. Management is aware of where they need to improve. December 2012 same-store sales were up 3.5%. Dividend of 3.02%.

department stores
DON'T BUY
Nortel AS
A bit expensive. Expect it to run out of steam.
Telecommunications
WEAK BUY
Extendicare Inc
Bad corporate governance.
other services
TOP PICK
Toronto Dominion
Has been oversold. Cheap.
banks
BUY ON WEAKNESS
Encana Corp
Expects oil to stabilize in mid $20's. Market has priced oil stocks under this amount.
oil / gas
DON'T BUY
Fairfax Financial
Not a fan of management.
insurance
DON'T BUY
Doesn't like the outlook for the industry.
Unknown
DON'T BUY
Too expensive. Poor assets.
electrical utilities
TOP PICK
Cheap. Bad corporate governance. Good high quality asset mix.
Mining
DON'T BUY
Celestica Inc
Low margins. Worth $12/15.
electrical / electronic
TOP PICK
AbitibiBowater Inc.
Expects US $ to drop which would give an enormous earnings boost to Cdn. commodities.
east coast forestry
BUY
Alcan Aluminum
Likes the company and the new CEO. Too much capacity, but has good electricity assets.
integrated mines
BUY ON WEAKNESS
Would have a temporary drop in case of an Iraq war.
oil / gas
BUY
Canadian Oil Sands
Has a long reserve life.
oil / gas
DON'T BUY
Has a narrow based asset. Not a favourite trust.
investment companies / funds
Showing 1 to 15 of 25 entries