WAIT
Very difficult to manage a company that deals with capital markets. Difficult to evaluate. Would like a longer-term record of profitability and how it weathers various markets.
TRADE
Competition is increasing. Pricing environment has been good for methanol so the stock price has held up.
BUY
An exceptionally well-run company. Long-term prospects are exceptionally good.
TOP PICK
Well-managed. Not an absolute bargain at this price, but is good value. 31/2% dividend. Expects earnings to grow from $3 to $3.15 next year. Has about $22 book value.
TOP PICK
The stock price is well below book value. Property and casualty business is starting to look a little better.
TOP PICK
Feels they handled their recent problems extremely well. Have quite a good product mix going forward.
BUY
Will probably peak out at around $75-$80. Will continue to be busy.
TOP PICK
Should probably be trading 30% higher than what it is. Has enormous scope going forward. A well-managed global company.
HOLD
The jury is out on this stock. Made a major acquisition and the market hasn't liked it very much. Would want to wait for one or two quarters before buying.
BUY
Really cheap. Second quarter was weak, but not surprising.
DON'T BUY
Earnings were lousy so the stock dropped. A lot of competition.
TOP PICK
Nickel continues to be very low world wide and demand from China seems to be steady. When Voisey's Bay comes on stream, the earnings will really take off.
TRADE
Not only did they have to restate earnings, but their current quarter was very lousy. High fuel prices affected them.
BUY
They got a terrific buy when they bought Tim Hortins which has driven the earnings pretty well. Has done a good job modernizing its menu. Still feels McDonald's is the better of the two.
BUY
The big question is, can they get their capital costs under control. Also, how does the cost of natural gas impact the cost of their production. A terrific long-term story.