BUY
Aluminum prices have really lagged of other commodities. Inventories continue to be low and declining. Chinese export taxes are beginning to take hold. Trading under 10 X 2006 earnings. Reasonable value here.
DON'T BUY
Just reported very disappointing earnings, principally because of their fixed income trading operations. You can be vulnerable to trading profits rather than changes in core operations. Prefers Canadian bank stocks which have better relative value.
DON'T BUY
Remains concerned about this company. Their strength is in their CRJ50 which is not where the demand is. Demand is in the 70 to 90 seat regional planes. Their balance sheet has continued to do vendor financing and have taken it above their stated limit of $1 billion to about $1.5. Continue to hold $2.5 billion in residual value guarantees.
BUY ON WEAKNESS
Had a big pop yesterday on rumours that an Australian company was going to make a bid for them. Speculative. It is a takeover target but has been one for 10 years. Wait for a pullback.
BUY
An interesting Buy here. More internationally oriented rather than North American.
BUY
An extremely well managed company. As a trust vehicle, it could be very interesting. Drilling companies are a high beta play on oil stocks.
DON'T BUY
Trading a little ahead of itself. Has long term contracts that cap the amount that they can earn.
BUY
One of her 2 favourite banks. Has lagged the other banks in the last 6 months. Will continue to generate good returns. Working hard on its retail division.
DON'T BUY
Still speculative here and still expensive.
PAST TOP PICK
(A Top Pick May2/05. Up 21%.) Attracting US investors as they discover the oil sands.
PAST TOP PICK
(A Top Pick May2/05. Up 2%.) As people become more confidant with the equity market, it is very well positioned. Has increased its dividend.
PAST TOP PICK
(A Top Pick May2/05. Down 3%.) Stock came off with the CEO moving over to Boeing. Temporary. Continues to be well positioned to benefit from global growth. A couple of divisions in the health care sector are under analyzed and will make a major contribution.
BUY
Was her latest acquisition to her portfolio. Involved in a wide variety of industry, including defence. Well positioned to benefit from increased spending on defence. A good play on expansion in Asia.
BUY
CEO has just talked about returning to double digit growth. On a 3/5 year basis, its diversified product line is very attractive.
DON'T BUY
An excellant company. Strong management. Stock has been on a tear recently on rumours that they are going to acquire the UK company that owns Aim/Trimark. This would make it the largest independent company. Price looks parabolic. Wait for it to settle down.