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.
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.
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.
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.
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.
DON'T BUY
International side of energy has fallen out of favour a little bit. Would prefer to deal with domestic producers instead.
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.
BUY ON WEAKNESS
Reorted yesterday and the numbers were OK. They're always going to guide higher costs. Not the best managed company on the planet. However, the nickel business is still in very good shape. If it corrected by $1 she would buy and hold for the Voisey Bay stuff.
TOP PICK
(A Top Pick Jan 28/05. Up 26%.) Won the biddding on the A&P assets.
PAST TOP PICK
(A Top Pick Jan 28/05. Up 10%.) Wonderful, high quality, well managed company.
BUY
Expensive at 8 to 9 X cash flow, but would rather pay up for good management than bottom fish on poor management.
DON'T BUY
Would not buy this stock. Have one plant that is sitting idle and another one that they cannot fill because they don't have enough feed of contaminated earth. Can't imagine how they are going to fix their problems. Have had several quarters where they've had trouble replacing their lost contracts.
BUY ON WEAKNESS
Loves the management team. Expecting the 2nd quarter for a lot of these drillers and service companies to be weak because of the incredible amount of rain in Calgary. Will be buying if there is any dip in these stocks.
DON'T BUY
A high quality stock, but very expensive. Has no growth. Dead money.
HOLD
Not a sector that investors love. Has a hard time coming up with earnings that would justify a higher stock price. You don't want to pay any more than 15 X earnings multiple. Until they can show that they can earn $0.50/0.60 can't make a case for buying it here.