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HOLD
Management has moved the company from being solely propane to a number of different companies. Propane sales were down this winter because of the warm season. They had to cut back on distributions. Has probably dropped more than it should have but don't buy on till it has stopped.
wholesale distributors
WAIT
Has-been range bound for quite some time and he would wait until it breaks out on the upside before buying. This is more of a technical call as the fundamentals are good.
computer software / processing
DON'T BUY
The stock has become quite expensive and competition has been heating up. There will be more and more competition.
Cable
TOP PICK
Main part of their business is residential rental property in northern Canada. As oil/mining booms, they are the prime beneficiary. Largest tenant is the federal government. Drop in price and is a good opportunity to buy.
investment companies / funds
DON'T BUY
The outlook for financials has been quite good and continues to be good. Used to be the best run bank, but went through a period where it was tripping over itself. The quality of management has been picking up. Has had a big run and is probably overpriced.
banks
TOP PICK
There is a lot more potential upside. Growth rate for the whole business is accelerating. They are gaining market share. They are a major player in infrastructure.
Telecommunications
DON'T BUY
Growth in the handset business is set to accelerate from 10% to 15%. The problem with this company is that it is not gaining market share. (See his Top Pick Nokia.)
communications / media