TOP PICK
City transit buses across North America. Not actually a trust but an income deposit security. 12.25% yield. Stock dropped when they announced a slight decrease in their backlog order but it is still over 3 years long. Looking for slow, steady growth.
TOP PICK
For-profit education company, mainly post-high school with degrees and some master programs. Stock has not been able to get any traction since concerns of default of students’ government loans. Earnings growing at 18%-20%. Trading at about 7-8 times earnings.
TOP PICK
Stock dropped because of concerns on proposed changes on debit card fees. This was more perception than reality because they don't participate in the debit card fee itself.
PAST TOP PICK
(A Top Pick June 10/09. Up 65.55%.) Sold his holdings in March.
PAST TOP PICK
(A Top Pick June 10/09. Up 1.11%.) Still a buy.
PAST TOP PICK
(A Top Pick June 10/09. Up 82.63%.) Still a buy.
DON'T BUY
Doesn't say anything great ahead for this company. Reasonably valued but can't seem to avoid spinning its wheels. Great cash flow but very modest growth.
BUY
Likes the tech space and this is one of his major holdings. Just reported good numbers. Great entry point at this level.
BUY
CGX.U Great long-term hold. 6.2% yield. Just announced that they will convert to a corporation with no change in distribution. Payout ratio less than 60%.
BUY
With some of the SEC news out and perhaps more to come, prices dropped considerably and it is a good entry point. Trading under BV. Still sees good earnings growth with earning power of $16-$20 over the next year or so.
COMMENT
Reported great 1st quarter earnings and announced it on the same day the market went down. There will probably be some resistance even when the market gets better and will struggle to get through $19. Likes their exposure to China. A long-term hold.
WEAK BUY
Hits his screen as pretty reasonable value here. Still has a great growth outlook as 3G grows into 4G. Close to his Buy list but he prefers the company he already owns.
BUY
Very well priced and trading at about 11-12 times earnings. Earnings are growing at about 11%. (See Top Picks.)
TOP PICK
Largest coal terminal in North and South America on the west coast. There is no commodity risk. $90 million in cash, no debt and pays about 10% yield.
TOP PICK
British retail bank. Made an acquisition in 2008-2009, which made them much. Trades below Book Value and add about 8X next year's earnings. Good restructuring story.