Trending stocks today
BMO MSCI USA High Quality ETF
MEG Energy Corp
Athabasca Oil Sands Corp
Arc Resources Ltd
Royalty Pharma plc
Mercury General Corp
SABESP
iShares 20+ Year Treasury Bond ETF
Imperial Oil
CASH
Cleveland-Cliffs Inc.
American Express
CME Group Inc
Expedia
Mastercard Inc.
Netflix Inc.
Global Ship Lease Inc
Equinor ASA
Copa Holdings
Rob Callander
Vice President and Portfolio Manager at Caldwell Securities
Member since: Dec '00 · 634 Opinions
Rating
Big Win
Win
Neutral
Loss
Big Loss
Stock Opinions by Rob Callander
TOP PICK
This one is down the most of the banks at 15%. A good level to start to buy. Good dividend yield.
banks
TOP PICK
An exceptionally well-run company. Diversified internationally. Have been selling and buying assets and production is expected to rise in the 2nd half. Strong cash position and very strong cash flows.
oil
gas
TOP PICK
Treasury bills:-if you have a third of your portfolio in treasury bills you will sleep better.
0
BUY
2nd quarter results were terrific. 3rd quarter results will be flat year-over-year due to the expansion of some of their stores and they expect a very strong 4th quarter.
specialty stores
BUY ON WEAKNESS
He has no metal stocks (except for gold) in his portfolio. This is the last remaining large-cap company in Canada. Have lots of cash and extremely strong earnings. He will wait and see if it gets a little lower.
Mining
BUY ON WEAKNESS
On a long-term view of the banks, it is almost impossible to lose money on them. You might want to add to your position on lower prices.
banks
BUY
Haven't heard too much about how the subprime loans are going to affect them. It has the highest yield (over 4%) of any of the 5 major Canadian banks.
banks
PARTIAL BUY
He is more positively inclined towards oil in the short term. This stock would be a core holding in portfolios. Buy in stages.
integrated oils
COMMENT
Gold:- Likes the outlook. The price is moving in the short term with other commodities, which have been correcting. With a slowing of the US economy, their government may have to lower interest rates, which should be positive for gold.
BUY
Very low cost. Extremely well run. New management is pretty aggressive. If you have a positive view on gold, then this is a core holding for your portfolio.
precious metals
HOLD
The whole subprime thing backed up into a possible takeover of this company, which shouted up to $89 but has now come back down. Given the resource strength in Canada, which will continue for many years, he would hold onto the stock.
Transportation
PARTIAL BUY
Like a lot of other stocks, it has had a correction, but on top of that Loblaws (L-T) and some of their issues have affected it. He feels that Loblaws will work through their problems. This stock gives you a little bit of diversification. Buy this in stages.
food processing
COMMENT
Had a sharp correction because of a possible merger with BCE. That is off the table now. 2nd quarter was not good. An exceptionally well-run company. Has been growing consistently and will continue to do so. Long-term, an excellent stock.
telephone utilities
BUY
With new management, it seems to be moving in the right direction. Has turned the corner, but may be more volatile and riskier than a bank share. Expects improvements will continue getting higher share prices.
transportation equip & components
TOP PICK
Good dividend paying stock. Likes that they have their own dedicated sales force. Largest mutual fund company in Canada. Good price.
investment companies
funds
Advertising
