PAST TOP PICK
(A Top Pick Feb 23/10. Up 47.77%.) Have the ability to keep increasing dividends.
PAST TOP PICK
(A Top Pick Feb 23/10. Up 26.91%.)
PAST TOP PICK
(A Top Pick Feb 23/10. Up 24.17%.)
N/A
Market: We have high food and fuel prices like the 70s. Commodity stocks were doing well but everything lese was doing fairly poorly. When you have 10% unemployment in the US you can’t pass increasing commodity prices onto the consumer. We are still in the early innings of this game. It will carry on for the next decade.
TOP PICK
This had done what all the large caps have to do – shrink to grow. You look at the haircut they have taken due to the disaster in the Gulf and you have nothing to lose. CEO is doing everything right and has everything to gain and nothing to lose.
TOP PICK
If Saudi Arabia is struggling to find oil, there goes our cushion as a world. This will be great for a service company like this one.
TOP PICK
These are the guys who are going to benefit due to oil situation. They do all the fracking and well completions.
DON'T BUY
Have consolidated a good land position and could be a good takeover target. It is 90% gas and this is the one commodity that he is not bullish on.
BUY
Drillers and service sector will be a beneficiary for what’s going on. Exploration companies are going to hire drilling companies. Prefers Trican. This cycle has a long way to go.
HOLD
A good name with oil sands properties. If you are looking for torque to rising oil prices, go with COS. Biggest push back is disappointing production and relatively high debt levels.
DON'T BUY
These ETFs do well when futures prices are lower than present because you are buying low and selling higher. When they are in co tango, you are buying high and selling low.
BUY
Valuation in previously income trusts is better than the juniors, which had a hack of a run. Daylight is transitioning from gas to oil. Management is well regarded and dividend is safe. 5.4%
WAIT
Bottom line is improving with high commodity prices. Are in the penalty box because of disappointments. Thy keep setting the bar too high and can’t get over it. They are getting it together but it is too early to be an aggressive buyer.
WEAK BUY
It will move up. Not a screaming buy, as he would prefer other names. It has potential to move higher. Its valuation is too high.
PAST TOP PICK
(Top Pick Mar 5/10, Up 46.90%) It had a challenging year with two fires. Now it is really hitting its strides. 45-50 years of production. A long-term hold. It is fairly valued right now and would wait for it to pull back to buy more.