Big market gains in January. The volatility is amazing. December 2018 was the fourth worst month in 100 years, so all we've done is get December back. There was some panic. The Fed has really helped with stopping tightening and slower rate raises. We had good job numbers this morning, and earnings are co-operating. Mid-year, if the Fed raises rates, is the market going to panic? He hopes the economy is strong enough to take measured increases. It should help valuations. It doesn't look as though there's a recession on the immediate horizon, so markets can go up from here.

Auto stocks are all cheap. He owns Linamar, which is cheaper and he thinks has more upside in a recovery. Auto sales are flat. The stock's recovering with the market. These stocks are incredibly cheap. If you own it, hold on to it, it has room to go higher as the market gets more comfortable with the overall economic outlook.

Similar macro answer to Chartwell. EXE-T went to the US and it really didn't work. So now it's Ontario-centric. Not much earnings growth but a big yield. Relatively safe place to hide.

Too big to be taken over, except by a major, and it's quite independent, so that's a very low chance. Pure gas play, well run, profitable, has growth. Chart is pretty good for an energy stock. But valuations are still extremely low. It's in upper 5% of names, but whole group is out of favour. It will be a long process to make money.

When they missed and the stock cratered, he spent time looking at it. He concluded that, given the muted growth with higher valuations, he would buy at $28 and it hasn't reached that. Thinks it will go sideways for a while, but that doesn't make it attractive.

Good for an RRSP? This is solid, pretty nice dividend. The bounce is rate-related. Underperforming the REIT sector. Could see some further upside. A bit of Brookfield "tiredness" out there. Assets are good, and so is the balance sheet. Not expecting loads of growth, but your returns should be positive from here.

Of the E&C companies, this is the most US-centric. If you like the US economy in particular, you'd pick this one, though the stock has gone sideways since its run-up. Stantec is the most expensive, SNC is the cheapest, and Aecon is also cheap.