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Latest Stock Buy or Sell? Make More Informed Decisions!

Today, Andrew Guy, CFA commented about whether BB.TO, LB.TO, SAP.TO, V, ARF.TO, TS.B.TO, MRU.TO, BNS.TO, SU.TO, AIG, MMM, UN, CRH, CX, IFC.TO, BAC, MS, GE, SRU.UN.TO, BCE.TO, SYY, TRI.TO, TD.TO are stocks to buy or sell.

TOP PICK
(A Top Pick Feb 6/08. Down 38%.) Excellent management with a very disciplined approach on managing. Very well positioned to take part in a recovery. US business is potentially in great shape with more deposits than loans.
TOP PICK
People look at this as being very tied to equity markets. Thomson and Reuters gives significant amounts of synergy. Legal software should do well.
TOP PICK
World's largest food service company. Very diverse client base with about 150,000 clients including Wendy's. Disciplined management. Very stable gross margins. Use cash flow to buy back shares and grow dividends.
PAST TOP PICK
(A Top Pick Feb 6/08. Down 26.7%.) Had believed the deal was going to go through. Going forward, it's a stronger company. If you are looking for a long-term dividend growth company valuations are not bad on this. Hold.
PAST TOP PICK
(A Top Pick Feb 6/08. Down 47%.) Their tenant Wal-Mart is one of the strongest retail names in North America and he was surprised that this has not done better. Still a Buy.
HOLD
Good proxy for the US economy. Expects recovery will not happen until the 2nd half of this year. Will probably trade sideways with potential of negative headlines because of their financial arm and the impact on their dividend and their AAA rating.
WAIT
As a banker and being in the financial investment side and tied to economic recovery, you can wait until May or June before looking at this one.
DON'T BUY
Will be a challenging time for them for the next 6 months. One need a better understanding of the valuations and understand how US will be putting a floor under the financial sector.
COMMENT
Largest property/casualty insurer in Canada. ING globally had some balance sheet challenges. Selling ING Canada was a way for them to raise $1.5 billion. Very well run operation. Because of the economy, there may be questions if they can get the same rates.
DON'T BUY
Will be a long-term beneficiary of spending being done by governments. Challenge in the near term is their highly levered balance sheets. Would prefer CRH (CRH-N), which has a better balance sheet and good valuation.
BUY
Manufactures cement, concrete products, aggregates. Will benefit from governments spending. Better balance sheet and evaluation than Cemex (CX-N).
COMMENT
Well positioned on a global basis. Focused their product line on growth. Very long history of paying their dividends so presume it is safe. Payout ratio is less than 50%.
COMMENT
Very strong management team. Disciplined approach to reinventing their business regularly. Grown its dividends steadily.
DON'T BUY
Difficult one. US government has provided a lot of money to it. Any benefits they get from selling off bits and pieces of the business will likely go back to the government. Also think they will lose some of the best parts of the business.
COMMENT
Have done a great job building their oil sands capacity. They will continue to be a very strong player in the oil sands. The challenge with the oil sands companies is the high capital costs and getting financing. If you're a long-term buyer this is probably a good time. Probably volatile over the next 6 months.

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