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BUY on WEAKNESS
Starting to get interested in it and will get real interested if it gets down to $25. The question is, how are they going to grow in the United States. Watch it for a few months.
food services
BUY
Stock has dropped because as interest rates go up on the long end of the curve income trusts in general, become less attractive. There are also some major maintenance expenses. Pretty good value proposition, right now.
oil / gas
HOLD
The problem has been the spread between cheese prices and rock milk prices, which has been narrowing. Regulated markets. There are signs the spread is starting to improve in the US. A good defensive stock.
food processing
BUY
Leverage on copper is four to one, and this is why the stock has done so well. Also, 20% of their output is zinc with a little bit of gold as a by-product. Not trading at a high multiple of what its earnings are likely to be this year and 2007.
integrated mines
DON'T BUY
Industry is good, but in some ways, that is bad for this company. Globally the cellphone/device industry is strong and growing. It has attracted some very smart competitors into the game, which makes it hard to keep the margins up.
Telecommunications
DON'T BUY
The party is probably just about over. The news on both the conversion and growing mutual fund sales is in. Fairly priced. If you all know, take some profits, before the conversion and wait and see what happens.
investment companies / funds
DON'T BUY
Too volatile for him. Prefers the more stable, senior companies.
oil / gas