DON'T BUY
Has international exposure. Much cheaper multiples then Manufacturers (MFC-T), but Manufacturers is the leader.
DON'T BUY
Extremely well run. Airlines are subject to a lot of problems such as increased pricing on jet fuel and competition.
BUY
Very keen on energy. Natural gas has gone through a difficult time but if we have a natural winter the commodity is fine. Would look at this one as a potential takeover.
WAIT
Both CNR (CNR-T) and CP (CP-T) are about the same price earnings multiples on this year's end next year's earnings with just about identical yields. At a critical point on the chart at $42 and if the breaks that, it could go lower.
DON'T BUY
Both CNR (CNR-T) and CP (CP-T) are about the same price earnings multiples on this year's end next year's earnings with just about identical yields. Prefers CNR.
DON'T BUY
Of the integrated companies, prefers Petrocan (PCA-T) which is cheaper. Has an immense holding of properties and technology and has a lot of hidden value. Finds it expensive.
PAST TOP PICK
(A Top Pick July 21/06. Up 30.2%.) Still buying.
PAST TOP PICK
(A Top Pick July 21/06. Up 50.2%.) In the short-term, doesn't expect much upside because of the worries of drilling activity, rig count and pricing pressures.
PAST TOP PICK
(A Top Pick July 21/06. Up 26%.) The cheapest of the engineering firms. Doesn't have non-North American exposure and doesn't take construction risks. Can go up a lot further.
TOP PICK
A great story going forward. Yield of about 3.4%. Cheap compared to the TSE price earnings ratios for this year and next year. Expects 10% capital appreciation.
TOP PICK
Has been under a lot of pressure because of landlines relative to the growth of wireless. Yield is just over 5%. 12.2 X earnings. Thinks there could be some interesting things regarding landlines so is giving it the benefit of the doubt. Good defensive stock.
TOP PICK
In the environmental clean up business. No real major competition in Canada. Has recently gone into the US where competition is limited. Yield of about 4.5%.
BUY
Not sure why it is down relative to others except that its yield is quite low. Fallen below the 200 day moving average and is approaching the 50 day. If gas prices keep on moving up, this one will also.
BUY
Merging with Savanna (SVY-T). They will complement each other. The combined company will be a long-term powerhouse.
DON'T BUY
Too expensive for him. If you want to be in the oil sands, Petrocan (PCA-T) is a cheaper way to go. Also UTS (UTS-T) would be another choice.