DON'T BUY
Stock looks very expensive. OK for a momentum investor but not her style of investing.
DON'T BUY
Prefer to invest in purer plays. Will under perform because it has a holding company discount.
DON'T BUY
Has had a good move on expectations that there will be an economic recovery in spending. Expects some spending improvement in telecommunications. Looks expensive. Might be an interesting stock for a trader.
BUY
A well-run company. Canadian retail market is very tough but thinks Sears is doing better than Hudson Bay and Wal-Mart is not targeting them as much as the Zellers side of Hudson Bay. Should do quite well in an improving economy.
BUY
On their list as a potential buy. Well-managed. Seems to be able to go into properties that others think are not viable and are able to extract tremendous value from them. A good investment for a medium to long term horizon.
BUY
Likes their strategy in expanding their beauty lines. Demographically very strong. Reasonable value here.
TOP PICK
Trading at 15X 2004 earnings. Will have a growth rate of 15/20%. Well diversified number of drugs. Nothing coming off patent until 2007. The whole area has been hit hired on the concerns of US pricing of drugs, but feels the bill will be positive.
TOP PICK
Having a 4% yield and an improved an environment for business, it should see more growth. Wireless numbers have been tremendous. Throwing off a tremendous amount of free cash flow.
TOP PICK
Well-positioned in the economic recovery expected. The Pecheney acquisition will be very positive. Stock might drift a little. Great corporate governance and great balance sheet.
TOP PICK
Has been picking up a few contracts. Has had a few disappointments. Expects earnings to recover to the 40¢/45¢ range this year up to about 50¢/60¢ next year. Capable of throwing off a return on equity of 17% at a very modest book.
DON'T BUY
Trying to stave off bankruptcy. Hard to see where there is real value for a value investor. Highly speculative.
TRADE
If the US takes the tariff off of steel, this will be good news.
DON'T BUY
Selling at a discount of about 1/3 to book. Earnings have been badly impacted over the last few years. Expected to earn 90¢ to $1 next year. A low return on equity. Pays about a 3½% yield. Could be dead money for a period of time.
BUY
Has performed quite well over the last several months. Still has a bit of legs under it. Well-positioned. Largest producer of oriented strand board in North America. Also own some nice timber assets. A good-quality company.
TOP PICK
Feels they are putting their house in order. We'll probably earn a $1.85 this year and in excess of $2 next year.