BUY
Management is committed to fast growth and they are making things happen..
BUY
Clean out holes in everything from telecommunications to oil and gas. Great company. Expects there will be some absolutely blow out numbers for the oil/gas sector in Q4 and some really strong numbers in 2011. Other names that also look great are Phoenix (PHX.UN-T), Cathedral (CET-T) and Canadian Energy Services (CEU-T). (Also see Top Picks.)
COMMENT
Not a bad company but not his preferred name. Likes companies that are doing directional drilling and doing the highest level of technology.
HOLD
Best managed Canadian bank and the stock is doing very well. Q4 results are not out yet and he wonders if it is fully valued.
PARTIAL BUY
Australian gold company. Doesn’t own but looking at it closely. Looks interesting. Doesn’t know it well enough to say “Back up the Truck” but worth a speculation.
WEAK BUY
Not a huge amount of growth but extremely well managed. Good balance sheet. Dividend 4.6%. Prefers to putting money in the bank.
BUY
Well regarded in regard to their products. Was heavily promoted about 1.5 years ago and then had a couple of weak quarters and really got slammed. Good underlying business and is now in recovery mode.
TOP PICK
Cell phones. 280 stores in Canada and 120 in the US. We’re in an era were people are getting smart phones for the first time or replacing their smart phone every 6 months because of new bells and whistles. Looking for at least $2.65 in earnings in 2011.
TOP PICK
Well stimulation technology. His favourite in oil field services. More important to own the space rather than which name but this one is close to the top for him. Putting up terrific numbers and stock is relatively inexpensive.
TOP PICK
Master franchiser for about 1600 fast food restaurants across Canada. Still very cheap. 10X earnings. Growing at 25% a year. Superb management. No debt.