Likes both Canadian National (CRR-T) and Canadian Pacific (CP-T). Great plays on GDP growth in North America. You are getting getting GDP plus 2, 3%. CNR is the premier of the big 6 North American rails. This also gives you a play on Asian growth because of bulk shipment out of Pacific ports.
Not just gold, but also nickel. Keeping an eye on it because with the big shortage of nickel, there are only two new finds coming on. Could be taken out by someone.
Have some nickel in Cuba, but the major driver is now coal which they went into 3 years ago. Pays a good dividend. The worry is the Cuban political risk which is already built into the price.
Likes both Canadian National (CRR-T) and Canadian Pacific (CP-T). Great plays on GDP growth in North America. You are getting getting GDP plus 2, 3%. CNR is the premier but this is reflected in the valuation. CP has more room to improve. A play on Asian growth because of bulk shipment out of Pacific ports.
A big copper play. Copper is at a 16 year high and yet the stock hasn't done a great deal. Believes in the longer term growth story of commodities and this might very well be a takeover target.
Had a runup because of CI Financial making an offer for Amvescap, the parent of AIM Trimark. This focused attention on the values of the Canadian mutual fund industry.
A good play on mining. Have the Voisey's Bay contract. They also have a compression division for refrigeration for gas installations which has been the major driver of their earnings growth. Pays a dividend.
Can't comment on this bank as they own his funds, The Guardian Group. Likes the banks as a group. Rates are going up, but not anywhere near where people anticipated. Credit experience of the banks is very good. You also get a high yield.
Have a high dividend because they didn't turn themselves into an income trust. Instead they bought Allstream. They are #3 in telco's in Canada. They'll either have to get bigger or taken out.