It is caught in a sideways-mostly trading range. They have stated that they want to raise their dividend regularly. They need the price of oil to go up for stock to go up. He is underweight the energy stocks.

His favourite bank. Lowest risk bank in Canada. No US exposure. When financial institutions start to raise their dividends again, this one will be the first bank to do so. It has lots of room to raise it. Recent spike in stock price was from earnings release.

Well run. They control, through power financial, the best run life insurance company (Great West) and the best run mutual fund company (Investors Group).

(Top Pick Sept 11/09, Up 1%) Late cycle play on electrical transmission and factory automation. Company has been a little delayed. Spending in their areas is delayed in coming.

(Top Pick Sept 11/09, Up 8%) He is not in love with this stock, but still likes it. It trades like a US financial stock. Sell on strength

(Top Pick Sept 11/09, Up 8%) Quite optimistic on the outlook for this one still.

This is the exception to the rule and not going sideways. Geographically diversified. Good exploration profile.