A very high quality oil/gas. The big question with oil/gas stocks here is they've had such a ramp, is it time to step in? Have taken some profits in this sector, but remain overweight. Can they manage the costs on their expansion? Good long term investment.

After a long period of disappointing performance, it is starting to break out. Wouldn't be an aggressive buyer here. Competition remains quite heavy in this sector. Likes their strategy of redesigning their bundles as it will increase the penetration into the consumer market. A winner over the long term. The advantage is the 4.5% dividend yield.

Firmly convinced the oil story is a secular story more than a cyclical story, so you want to remain. A good operator.

Still thinks there is some question about its strategy as well as questions about the whole telecommunications' infrastructure sector. Expensive here.

Looks fairly expensive on the earnings they are generating today but a little more reasonable if we look at the longer term earnings expectations. A very volatile company and chemical pricing in particular is very volatile. Prefers other commodity sectors, such as metals.

Stock has started to perk up. Trying to break out of its very narrow trading range it's been in for the past year. Had 3 quarters of strong organic growth. The massive investments it made to change into an electronics company is just starting to pay off. It'll never be a high flyer.

A great company. Doesn't own, but is looking at it very closely. The big risk is that it is economically dependent. By far the best railway in North America. Wait for a couple of months to see what happens as we go though the fall.