Over the last couple of years, there was a strong focus on stocks that generated a strong cash flow. For the first time, there is a marked decline in the use of tobacco products. 4.5% dividend.

Many of the drugstore stocks have had a tough time. This one is a very well operated outfit. Technically it is performing quite well. Prefers other parts of retail.

Smaller than the usual company he looks at. No earnings. Despite a roaring all market in gold stocks, this one has not performed.

This has been a great sector in the market. Moving into a trust is positive. This may create some turnovers the stock price could probably go higher.

Rails have done very well because of the commodity boom. Trading well above its average 10-year price/earnings ratio.

Looking at this one very closely. Best railway in North America. Would prefer buying below $50.

Likes the dominant play it has in telecommunications which is a growing area. Has increased competition. Dividend yield of 4.5% is attractive. A defensive holding.