Advertising

Rating Card

Unlock Expert's Rating and Top Picks Portfolio

Become a member Or, Sign In
Latest Top Picks

Stock Opinions by Richard Fogler

COMMENT
Markets. There is a very good case for a Santa Claus rally if you look at 4th quarter historically, which is generally a good quarter. Doesn't happen every year but thinks it's a pretty good bet this year.
Unknown
BUY
Theoretically the Maple bid is coming through at the end of January giving $33 a share in cash, which they say is worth $55 and the stock is trading under $45. Looks okay.
other services
BUY
Major Caterpillar dealer in Canada. Have had some managerial problems, which are easily solved. The agricultural revolution seems to be intact. Stock is been knocked down too low.
wholesale distributors
COMMENT
Cdn banks have 2 businesses, retail and investment. This bank closed their retail business in the US when it didn't work. The question is, how are they going to effectively reinvest all their excess cash. This will continue to plague them until there is some clarity.
banks
DON'T BUY
Insurance companies are contra cyclical to interest rates. When rates go down it is not good for them. Long rates are currently very low.
insurance
BUY
Great company. Stock has done nothing for a long time. Business has been re-created in much more manufacturing and much less financial services. The manufacturing is really doing well and coming into its own. Stock in the future.
electrical / electronic
BUY
2 businesses, trains and planes. Train business is very good and is worth more than the present stock price. Plane business is good but it is slower because of the economy and the C series, which is slow to get orders. C series is the plane of the future. Cheap but will take a while.
transportation equip & components
HOLD
Feels the dividend is safe. On the long term gas is a great thing. Half the price of Europe’s because you can’t transport it. LNG plants are being built globally. In 1.5 years you will start to see more gas being transported east, which is good for this company. If you can hold on for a few years, you’ve got a huge winner. 4% yield.
oil / gas
BUY
Doing really well and will continue to do so. High dividend. Stock is worth $50.
telephone utilities
TOP PICK
Have a bunch of buildings with AAA leases, all to Magna (MG-T). Converting to a REIT in December. Compared to other REITs, it is trading at 2/3 of its value. Will start paying a $2 dividend in December. Under levered. Worth $43.
property mngmnt / investment
TOP PICK
Started with yard services but are now the 3rd largest real estate brokers globally and largest manager of residential properties in the US and Canada. Trading at about three quarters of the valuation of its competition. Very cheap. For a long term hold.
other services
TOP PICK
Largest wireless phone company in Europe. A third of its business is in Africa, middle east and Asia. Trades at about 14X earnings. Worth mid-$40s. Yields about 3.5%. Owns 45% of Verizon (VZ-N), largest wireless in the US.
Telecommunications
PAST TOP PICK
(A Top Pick July 22/11. Down 41.47%.) Still buying this. Oil tankers are not going to improve until at least next year at best. Long term hold.
Transportation & Environmental Services
PAST TOP PICK
(A Top Pick July 22/11. Down 3.17%.)
investment companies / funds
PAST TOP PICK
(A Top Pick July 22/11. Up 6.28%.)
publishing / printing
N/A
Market: They are value investors. Commodity markets are signaling there is a strong economic recovery but stock markets are showing a stumbling economy. If the commodities are correct, then the stocks will follow. If the stock markets are correct then commodity prices could have significant weakness.
Unknown
BUY
Got downgraded today. Since February it has not done particularly well. The news industry has not been doing well. News out of News Corp. has weighed on the industry. It’s getting down to be cheap. Thinks they will do very well.
publishing / printing
WEAK BUY
Largest drug company in the world. Good pipeline, but they have been paring it down to focus on new drugs. Prefers Teva.
biotechnology / pharmaceutical
WAIT
Growing domestically and especially over seas. The problem is that the technology hasn’t improved in 5 years. New QNX platform is due to come out soon. He is looking at it.
electrical / electronic
DON'T BUY
It is amongst the cheaper stocks on the board. The problem is it is a very restricted business. They the largest market share in their market of any Canadian telecom so where is the growth to come from.
telephone utilities
DON'T BUY
New CEO today. You are better off to buy VOD-O who own 45% of VZ. Value of VZ is not reflected in VOD. Should be a big bump over the next year for VOD. He owns VOD.
telephone utilities
BUY
The LSE is gone. TMX is a good revenue generator. Will continue to do well, grow and pay out big dividends as long as the stock markets remains strong.
other services
PAST TOP PICK
(Top Pick Apr 14/11, Down 13.33%) It’s a 3-5 year investment. Thinks industry will turn around in the next few years. Feels it is 25% undervalued.
other services
PAST TOP PICK
(Top Pick Apr 14/11, Down 9.09%) If you are going to get outsized returns you have to go where there is a block on the company. This one has one of the largest capital rations in the US (10%). They are the only American global bank with retail presence. As they reduce the bad assets by selling at book value, the earnings will improve because the losses from those assets will disappear.
banks
PAST TOP PICK
(Top Pick Apr 14/11, Down 11.96) Problem is the ‘C’ series. Orders aren’t going to come until it is ready. He is pretty happy about this one.
transportation equip & components
DON'T BUY
Don’t worry about the lawsuit in the news recently. They have had some difficulty in the US. They have a spectacular Canadian business. We don’t know where they are going to invest their cash flow in the business now that they aren’t investing in the US.
banks
DON'T BUY
Bought a year ago. Great record in private equity. It’s moved up a lot from where it was a couple of years ago and is not cheap any more. Likes the company but would not be now.
mngmnt / diversified
BUY
Not a good stock for emerging markets because it is 2% of their business. But the company is ok. They are in the process of a rationalization of the Coors and Molson parts of the business. It looks pretty attractive right now.
breweries / beverages
BUY
One of the best investors in North America. Made a very profitable investment about 5 months ago.
management / diversified
DON'T BUY
Will grow at 6.5% a year on aluminum shipments alone. Negative thing is that nothing is news. He looks for something the market is missing and is miss-pricing a stock.
non-base metal mining
Showing 1 to 30 of 47 entries