Ray Steele

A contrarian pick. Have cut production instead of creating incentives to get rid of current stock. Dividend yield is high at 7.1%. Has $100US per share in cash. Good price. Could be another round of weaknes if their bond rating is dropped. Bad news is behind it.

Long term outlook is excellent. There were plans to de-commission a number of nuclear plants around the world, but with the high price of oil/gas, they are not going to be de-commissioned. Short term, the stock looks fully valued.

A supplier of not just wireless hand sets, but also all the infrastucture that makes wireless networks work. Stock has dropped a bit. Good earnings potential. Reasonable valuation.

Provide security for network communications. One of the leaders in their area. Growth rate has been tremendous. Good earnings.

Likes the stock. The sector has been weak over the last few months. Has a pretty full pipeline of stuff that could surprise us. Trades at a reasonable multple.

Outlook is quite positive. Met their expectations on earnings.

Just renewed their contracts and prices are up a lot. Believes this is a secular trend that will be up for a few years. Demand for iron ore will be strong and this company is the biggest supplier.

Keen on the tech sector because of the good values. This one is further removed from the food chain, so there are better things to invest in right now, such as Intel (INTC-Q) or Dell (DELL-Q), Cisco (CSCO-Q). It will do well later on in the cycle.

Positive on gold and this is one of the biggest producers in the world.

A steady grower, steady performer. A good long term holding. Outlook for the next few years continues to be positive.

(Past Top Pick Nov 3/04. Down 19%.) Bought more when it drifted down below $4. A contrarian play. Outlook for it is improving.

(Past Top Pick Nov 3/04. Down 14%.) Outlook for the chip makers has started to improve.

(Past Top Pick Nov 3/04. Up 1%.) Likes the health care sector and the drug makers have been under fire for years and this company has weathered the storm quite well. Decent dividend yield. Solid earnings.

There's been signs of improvement. A safer place if you want exposure to the airline industry.

Outlook for the mining sector is strong. This is one of the key players in Canada. Should do very well and is a good buy.