BUY
He is buying more. Will be one of the world’s best producers. Goes up and down with Copper, which goes up and down on perception of Chinese demand. If you think copper will stock at $3, then this is really cheap.
BUY
Proxy for world economy. So many businesses are dependent on economic growth. Is a good time to buy ready for economic growth in 2011. Very solid company with products in so many markets.
RISKY
Hit $50 today. $6 per share in cash. This means you are buying it for 8 x earnings. Market is telling us that Apple is the favourite in this space. The new devices released this fall are supposed to make RIM catch up. Wait until September and then it wont be speculative.
BUY
Thinks it’s a cheap stock. 35% of its all time high. He thinks it is worth more than this. It is over sold. He is buying more.
PAST TOP PICK
(Top Pick Jun 18/09, Up 36%) Thinks dividend will go up on this stock. Possibility of a foreign takeover, which would put it in the $40s. That’s not the only reason to own it.
PAST TOP PICK
(Top Pick Jun 18/09, Up 14%) 3 main assets. Sobeys, Cromby and movie theaters. The companies are worth $80 a share if values individually. Nice dividend (increased) and solid earnings.
PAST TOP PICK
(Top Pick Jun 18/09, Up 22%) Dividend increase since last year.
HOLD
Disappointing to him. Tremendous backlog of projects. Good earnings. Not sure why it is not being rewarded by the market. A bit of a small float and can be volatile. Earnings should increase.
BUY
His largest Canadian bank holding. Likes their growth strategy – Caribbean, rather than US.
DON'T BUY
Have not had great management and Harris group has not been a tremendous asset for them.
DON'T BUY
Never owned because Frank Stronach pays himself too much and has too much control. He is not a big fan of what the Ontario securities commission is trying to do. Not a fan of the management style.
DON'T BUY
Always been a pretty edgy company because of its assets and geography. Thought there might be loosing of policy under Obama regarding Cuba. Not sure when coal prices will harden up.
STRONG BUY
Charges a toll that is not based on the day-to-day commodity prices. Substantial growth plans going out over the next decade. Growing dividend. Should be a cornerstone of all portfolios.
BUY
(Market Call Minute) Benefiting by increased price in heavy oil.
BUY
He is a believer. They have done very well. Loan losses are less than the banks. Credit card division has done very well. Well-managed company that raises it dividend regularly and likely to keep rising. Risk is if Real Estate does in Canada what it did in parts of the US. He doesn’t see bubble conditions.