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DON'T BUY
International energy has had a correction and doesn't know how long the correction will last, so would prefer domestic producers at this time.
oil / gas
BUY
Seems to be everybody's favourite stock right now. Bear in mind that at some point she suspects they might do an issue. Made some good acquisitions.
Cable
BUY
Expensive, but will continue to be expensive. Uranium price has moved up again. It's the only liquid producer that you can play on a global basis. Locked into contracts that were locked in at lower proces. When these contracts roll over (late '06 and into '07), their earnings could improve.
integrated mines
DON'T BUY
There is speculation that they may be selling some of their real estate assets. Also rumours of a takeover by a US retailer. If nothing happens, it's not worth what it's trading at now because of the disappointing merchandising numbers they have come up with. High risk strategy.
department stores
DON'T BUY
Market has priced the fundamentals correctly based on her valuations and assuming they sell their credit card division. The question is, will Sears US buy the company. Can't see much upside.
department stores
DON'T BUY
International side of energy has fallen out of favour a little bit. Would prefer to deal with domestic producers instead.
oil / gas
DON'T BUY
They've put their assets up for sale and it didn't happen. Didn't get a bid that was attractive. Would not speculate on this stock. Has corrected an immense amount from the peak, but they're not going to bring their reserves into production, so you'll have to assume someone wil have to come and do a joint venture with them.
oil / gas