In a bidding war for 3PAR (PAR-N). Believes they are worried that desktop computer age is going to be over in the next 5 years so want to branch out. Great company and generating $10 billion of free cash flow annually. Balance sheet is in great shape. Trading at less than 10X earnings. Not his favourite. (See Top Picks.)

Have $30 billion of assets they are working on. They'll grow their earnings and this is money in the bank.

We have way too much supply of natural gas and doesn't see it improving until all our cars are running on natural gas. Would switch into oil sands and oil company plays.

Stock market hates this one but the bond market is treating it as a strong going concern. Expecting they are going to have a much better Q3 as the stock market improves. Interest rates have nowhere to go but up. Trading below book value.

Has done well and has had a great year. Wouldn't be piling his money into it but would Buy on dips. Expecting the dividend to go higher.

Great assets and a lot of cash flow. Will go higher over time but the problem is that stimulus has not really kicked in.

Manufacturer of products for natural gas. There are a lot of big plans as Trans Canada (TRP-T) and Enbridge (ENB-T) want to grow their pipeline bases. Last couple of years has been really terrible for natural gas drilling. Wait for an improvement in natural gas prices.