BUY
Mostly gold, nice suite of assets. Did have a production problem. If you are a long-term believer in copper and gold this could it a buy. He prefers ABX.
STRONG BUY
Likes it. Smart investors, great suite of assets. Expect cash flow to grow. Are waiting on the sidelines for distressed sales of real estate. Trades at a discount to net asset value. He is buying it today.
WAIT
Good company. Owned it for a long time. Well run, smart management. Cleaned up balance sheet. Margins are strong. Will grow over time. Multiple makes it looks cheap. Wait for a pullback. A good dividend paying stock. $16-17 would be a good time to get in.
DON'T BUY
Doesn’t own US stocks. Nervous about earnings. He is worried that the Canadian dollar will go much higher.
DON'T BUY
Doesn’t own US stocks. Nervous about earnings. He is worried that the Canadian dollar will go much higher. There are problems with credit card debt.
BUY
Good performer, since teacher deal fell through. Likes what they are doing. Focused on raising dividend. Hype about new entrants is overdone.
DON'T BUY
Can’t see it going to $50. Recommends SC-T, with discount to Walgreens when it should be a premium.
PAST TOP PICK
(Top Pick Sep 29/09, Up 13%) Quality company. Management should look at spinning out Sobeys. Lots more upside on this stock. Valuation is cheap. Good record of raising dividends every year.
PAST TOP PICK
(Top Pick Sep 29/09, Up 10%) Death is a pretty good business, unfortunately. Good margins, raised dividend 600% in 2009. Good balance sheet. Feels it could higher. It trades by appointment (do limit order), doesn’t trade every day.
DON'T BUY
Had a nice recovery. Throughout recession they managed to keep occupancy steady. He prefers the parent company and you also get power and transmission lines. Likes H&R and Cromby REITs.
DON'T BUY
Surprised how well it has done compared to POT-T. His favorite name is POT-T. Worried they will get into a bidding war for CF. Nitrogen prices are quite low and earnings are not going to be great in 2010.
BUY
None of the Canadian oil companies moved higher recently. Likes this name. Not getting credit for its Horizons oil sands. Cheaper than others.
DON'T BUY
Not a lot of upside. Was a nice income trust but not sure what happens when they convert. Prefers big telcos.
BUY
Many years of oil reserves. Likes it. Holds others and can’t own them all.
DON'T BUY
(Market Call Minute) Prefers Rogers.