DON'T BUY
Valuation is too high at 40 X this year's earnings and 15 X next year's earnings. You could buy Enbraer at 13 X this year's and 10 X next year's.
BUY
Inventory levels continue to be low and demand is strong. No significant new nickel deposits coming on other than Voisey Bay. Prefers Sheritt because of the better valuation.
BUY
Cheap. Compared to some of its peers, the payout ratio is low so they can increase their dividend. A very good franchise.
BUY
Once every six months they announce something awful and the stock falls 15/20%. A great opportunity to buy. A world-class company. Feels that uranium will move higher.
PAST TOP PICK
(Past top pick Apr 6/04. Up 7%) Pays 6% dividend yield. They buy it on bad news. An absolute cash flow machine.
BUY
A high-class company. $18/20 cash flow per share estimates. Inexpensive.
DON'T BUY
Prefers Petrocan a lot more because of its valuation. Trading at a premium.
DON'T BUY
Has personally shorted this stock. Might be a buyer at book value of $10/11. Because of higher gas prices, they will suffer from higher resin costs which will create a margin squeeze.
PAST TOP PICK
(Past top pick Apr 6/04. Up 7%) Still likes. Thinks the market has got it wrong on the price of this stock.
HOLD
His partner runs the income trust fund and likes it quite a bit. Prefers Total Energy which is significantly cheaper.
HOLD
The stock is absolute market dominant. Cheaper than CI. Prefers AGF.
STRONG BUY
Cheaper now than what he has ever seen it at $11 a barrel. A dirt cheap way of playing the oil and gas.
HOLD
Loves the valuation. Not happy with the Inmet merger as he can't see the synergies.
DON'T BUY
Not a fan of their intrinsic business. Won't grow very much. A lot of competition. Wouldn't buy it for the dividend.
STRONG BUY
Bullish on this stock. Have completely changed the management team. Expect there will be some announcements soon. Have a ton of cash.