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BUY
A favourite. Undervalued compared to the big 5 banks. Good management with innovative products.
banks
BUY
Doing well because of the products it's in.
integrated mines
WAIT
Procter & Gamble is on a tear now and is hurting all its competitors. Retaining market share, but it's costing them a lot more money. Stock looks vulnerable and the multiple looks vulnerable. Wait for the stock to stop dropping.
misc consumer products
BUY
Outlook continues to be good for the life insurance companies. Their US mutual funds ran into some problems, but that has been settled. A buy, but Manulife and Power Financial are his favourites.
insurance
BUY
Outlook continues to be good for the life insurance companies. Manulife and Power Financial are his favourites in non-bank financials..
insurance
BUY
Outlook continues to be good for the life insurance companies. Manulife and Power Financial are his favourites in non-bank financials.
finance / leasing
DON'T BUY
There is a glut of tanker capacity both now and for the future.
Transportation