RISKY
Fair market value currently is $87-$88 so there is a lot of upside. It's currently at 10 times book value, so it's not cheap. This is a speculation. He likes to buy at book or twice book.
DON'T BUY
Has too much cash. Like a sumo wrestler in the Boston marathon. Vista hasn't been well received. Because it's fighting an uphill battle against the Canadian dollar and it has so much weight (which will slow the stock value changes) he wouldn't.
BUY
A caller was asking if that because the Canadian dollar has been running so hard, it might be a good idea to go into bonds to preserve capital. He replies that it's not a bad idea, but don't go too far out with it, because inflation is rearing it's head, and if the States decides to lower it's interest rates who knows what will happen. He says don't go into US bonds, but a 5 year Canadian bond is a good idea.
TOP PICK
Upside targets are 2.5 times book, it has peeked there 3 times over the last 25 years. Recently had spectacular quarterly earnings. Very well run company. Fair market value is $160, his target is $92. Canadian Tire has been a fairly reliable indicator of the Canadian market as well.
TOP PICK
Fairly cheap, and it's fair market value has held up fairly well. Best management in the gold industry around the world. Is the best of the golds and should be the anchor of your gold portfolio. This one's book value is 1.8 (he likes 1 or 2 so it fits right in).
TOP PICK
A defensive recommendation, might give you 11% and some capital gain.
SELL
The whole market is going up, and this one is going down. Let someone else own it.
DON'T BUY
Chart is volatile, it's struggling to meet it's high of last year. It's a day trader special, not investors.
SELL
Chart shows it's a downtrend. Stay away from it.
RISKY
It's a tough one, because it's going in steps. A sharp move up and then consolidate. If you see a lot of volume, when it's gradually climbing, buy in, and get out fast.
SELL
A volatile uptrend. The five year chart shows a "double top" has broken below the valley between the double top, which is a signal to sell.
DON'T BUY
A penny stock that has been flat for a long time suddenly has a huge spike, is due to promoters. Find out if it's in the Teachers Pension Plan if you want long term stocks.
WAIT
A head and shoulders bottom. After the stock goes down, it flattens out (a shoulder) then drops (the head), then goes up and flat (the other shoulder), when it goes above the first shoulder that's a sign to buy. This stock had this signal last year, but this year it's not quite ready yet.
WATCH
Looks like an ordinary pull back within an uptrend. Having a short term downtrend. Don't buy today, if it drops a bit more, then sell. Wait for the pull back to go a bit higher before buying.
DON'T BUY
A downtrend, when the market is going up. Stock has dropped too far, it will have a little bounce, which is what it's doing now. A stock needs a little time before going up, otherwise it's just bouncing around which is good for day traders but not for most investors.