Advertising

Latest Stock Buy or Sell?

Today, Gavin Graham commented about whether IMO-T, WTO-T, COS-T, CRYP-Q, JAVA-Q, TRP-T, CTC.A-T, T-T, BNS-T, CCO-T, RY-T, IFC-T, VLO-N, TLM-T are stocks to buy or sell.

HOLD
Canadian banks look a little expensive compared to US banks but, on the other hand, they are in a much stronger competitive position. Mutual-fund sales have been excellent.
banks
BUY
Run very efficient mines. The world's largest producer of uranium. In a pause right now but it will be going higher.
integrated mines
BUY
They are now the 2nd biggest bank in Peru. The most efficient bank in terms of cost/management ratio in Canada.
banks
TOP PICK
They have demonstrated the ability to make strategic moves such as Clearnet. 2.4% yield. Good price.
telephone utilities
BUY
On fundamentals, this has been the most successful general merchandiser in Canada.
specialty stores
TOP PICK
3.8% dividend yield. The shares are down 8% this year. Picked up some cheap pipeline assets in the US. They have nuclear power plants.
oil / gas pipelines
DON'T BUY
They seem to be one of the long-term losers in the tech sector. Wouldn't recommend this one.
electrical / electronic