Latest Stock Buy or Sell? Make More Informed Decisions!
Today, Michael Simpson, CFA commented about whether CSH.UN.TO, CET.TO, PHX.TO, NAL.TO, NAE.TO, STB.TO, CPG.TO, CCR.UN.TO, EIS.TO, BTE.TO, REI.UN.TO, PD.TO, PZA.TO, SXP.TO, CPA.UN.TO, TFII.TO, OBE.TO, IS.UN.TO, Y.TO, CRW.UN.TO, PRQ.TO, HLC.TO, PKI.TO, ARX.TO, CLC.TO, PMT.TO, TVK.TO, ARF.TO, TF.UN.TO, SRU.UN.TO are stocks to buy or sell.
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TOP PICK
REIT sector is very beaten up. Trades at a significant discount to its Net Asset Value. On a free cash flow basis it is trading at about 14 times. Very solid numbers. About 99% occupancy. Wal-Mart is about 27% of their leases. Good development pipeline.
Michael Simpson, CFAOwned
investment companiesfunds
TOP PICK
Provides the land registry in Ontario. Have a monopoly until 2017. $87million cash on the balance sheet. Expanding into other services such as hospital billing.
Michael Simpson, CFAOwned
Financial Services
TOP PICK
Infrastructure play. Pre-cast and pre-stressed concrete. Made a great acquisition last summer in western Canada. 70% of business comes from government.
Michael Simpson, CFAOwned
INDUSTRIAL PRODUCTS
COMMENT
Has some issues with debt, so sold some assets. Thinks their payout ratio will be in the 65% - 70% range. Good management.
Michael Simpson, CFAOwned
oilgas
BUY
BUY
BUY
Recent results released were quite strong. Gave guidance for next year of about 4%. Good price.
Michael Simpson, CFAOwned
communicationsmedia
BUY
Consolidating public storage space and are diversified across Canada. Expecting it to do very well over the next 12 months. Very cheap.
Michael Simpson, CFAOwned
income trust
DON'T BUY
Merging with Canetic (CNE.UN-T), which will give it a production of about 210,000 barrels a day. About 55% oil. Payout ratio is about 125%on a free cash flow basis (after maintenance capital spending), which is high.
Michael Simpson, CFAOwned
oilgas
DON'T BUY
Largest trucking company in Canada. Recent Q3 results reflected the higher Cdn$ and the slowdown in manufacturing. Also have concerns on their debt levels.
Michael Simpson, CFAOwned
Transportation
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