TOP PICK
A Pairs Trade. Leader in their category by a wide margin. Despite the economic recession it is growing its earnings and revenues and has no debt.
TOP PICK
Top Short Sell a $70US June Call Option. Pairs trade. Trying to mitigate volatility and reduce risks. Willing to sell some of the upside potential in exchange for predictable income.
TOP PICK
A Pairs Trade. Gold is range bound until inflation takes off 6, 9 or 12 months from now. So in the meantime he would rather own the stock and right a call option, selling away the upside potential.
TOP PICK
Top Short Sell a $40US July Call Option. A pairs trade.
TOP PICK
Nice, predictable, boring 10.7% yield. Cash flow is pretty much in the bank for the next couple of years. Will convert to a corporation in a while and there may be tax complications 4, 5 years out. Likes the predictability of this stock for the next couple of years.
PAST TOP PICK
(A Top Pick May 23/08. Down 35.37%.) Got crucified so he sold his holdings. Not screening as well as other things so he is not buying yet.
PAST TOP PICK
(A Top Pick May 23/08. Down 29.21%.) (See the Pairs Trade in Top Picks.)
PAST TOP PICK
(A Top Pick May 23/08. Down 36.99%.) Sold it in July and bought it back in March. Lightened up on it a day or so ago. Thinks it will lead in the economic rebound.
COMMENT
(Question was about shorting this.) Wouldn't Short this as he feels China has a lot of opportunity. You ignore the emerging markets at your own peril.
DON'T BUY
Looks cheap on trailing earnings and it is but looking at forward earnings it is very expensive. Doesn't mind the sector but would prefer something like Fort Chicago (FCE.UN-T).
BUY
Screens very well for him.
BUY
Has great exposure to commodities such as nickel and coal as well as exposure to a power plant. He thinks this is a good company that has not rallied yet. Just added to his portfolios.
COMMENT
Base Metals: These will lead us out. Has started but had a pullback in the last few days. Anytime we are in deep recession, they will lead us out.
COMMENT
Gold: Nice rally up to about $980 but tumbled because of the rally in the US$. Short term he doesn't see a big spike in gold bullion because he doesn't see inflation. In the mid-to long-term there is a big threat of inflation. That's when you want to trade. Play gold by buying a stock and selling a call option against it. He likes large cap almost exclusively.
COMMENT
Prefers larger companies. Speculative. If gold flies then you are going to get a bigger pop but he prefers the senior producers.