DON'T BUY
President leaving implies some problems. A highly competitive sector. Would wait to see what their strategy is.
DON'T BUY
Speculation on a takeover is reflected in the stock price.
WEAK BUY
Cyclical. As long as shipping continues strong, they should do well. Be cautious.
DON'T BUY
Lumber prices are down 25%. When commodity prices are against you, it is not ususally the time to buy the stock.
BUY
Good diversification. If the price of coal goes up $5, earnings will go up $0.22.
DON'T BUY
Prefers buying individual securities rather than indexes. Favourites are Canadian Bank of Commerce and Bank of Nova Scotia.
DON'T BUY
Would be cautious on this bank at the present time.
BUY ON WEAKNESS
Some uncertainty regarding the Bank North transaction which will create volatility. If the stock dropped dramatically, that might be the time to get in.
BUY
Prospects look good.
BUY
Prospects look good.
TRADE
Demand for their products is more stable than lumber. A cyclical, so you have to watch other forest stocks and see where they are moving.
WEAK BUY
Have had a lot of misses. Trying to build credibility. Looks cheap but watch out for the Whoops factor. Once they get a few good quarters, the stock could appreciate 20%.
DON'T BUY
Hope to save $500 million through their job cuts, but it will cost them $450 million to do it.
WEAK BUY
An interesting stock and very levered to the price of nickel. Trades at less than 10 X earnings. Coming out with a new process that isn't priced into the stock. Cyclical.
DON'T BUY
Once a company goes into CCAA, it's essentially bankrupt.