BUY
Although she doesn't own any at present, the oil services is a good sector. Just reported good earnings, particularily strong on the US side.
BUY
Although she doesn't own any at present, the oil services is a good sector. This one is up because of trust conversions, etc. A very well run company and will continue to benefit from higher oil prices.
DON'T BUY
Expensive here. Trading at fairly high multiples for a cyclical company. Well run and diversified.
BUY
A fine company. With restructuring of Noranda (NIF.UN-T) and Brascan (BNN.LV.A-T) selling its 20%, it's well positioned. It's come off because there was an expectation that the whole company might be taken out. Prefers Inco (N-T) because of Voiseys Bay and the Goreau projects.
BUY
A very balance energy company with very strong refinery and gasoline operations. Has lagged other companies, but if oil pries drop, it will outperform those others.
TOP PICK
Likes that they have leading brand names and diverisified geographically. The Gillette acquisition will be very positive. Not expensive relative to its 11/12% organic growth rate.
TOP PICK
Has come off sharply because the price of aluminum has lagged other metals commodities. Finally starting to realize some of the cost synergies. Cheap at under 10 X next year's earnings.
DON'T BUY
Stock has done well and the assets have done well, with lower interest rates primarily driving the value with occupancies relatively benign. Sees the whole group in a peak valuation and would stay clear. He has no real estate holdings.
DON'T BUY
Has had a great run, primarily on the US acquisition. Last numbers were pretty good. Margins were a little lower than expected on the gasoline business. Primarily an acquisition story. They've got to a size now where they need a meaningful acquisition, but there doesn't appear to be a target out there. Trades at 18 X earnings which is a little rich on an operating basis.
TOP PICK
Recent symbol resulting from Sprint acquiring Nextel. Has a small local exchange which will be spun out making it 100% pure wireless. Attractive valuation. Rising free cash flows.
BUY
A good operator. A long history of consolidating history. Increasing profitability.
DON'T BUY
In the major pharmaceutical companies you see low multiple stocks yielding 4/5% and it may look like a good bet. Use caution as it is a risky bet. Revenues over the last couple of years have been under pressure. On this one, about 3/4 of their earnings is being paid out in dividends.
BUY
The outlook is high single digit earnings growth over the cycle with nice dividends. Has been impacted because of the integration of their credit card acquisition and people are worried about it. Approaching 5% yield which is very attractive. This is his 1st choice with Citigroup (C-N) being his second.
BUY
The outlook is high single digit earnings growth over the cycle with nice dividends. 1st choice would be Bank of America (BAC-N) with Citigroup being second.
TOP PICK
A mid size health insurance company and it's all about cost containment. Premiums should be growing faster than costs. Have been able to react when costs have been rising. Trades around 14 X's and growing about the same pace. Had pulled back recently due to an acquisition they had done.