PAST TOP PICK
(Top Pick Mar 5/10, Up 21.05) They slashed the distribution and it really hurt. Now is attractive to hold because of leverage to oil. You might see a raise in the distribution. This is a fair valuation right here. You could wait and see if oil pulls back and this will slide right back in order to buy.
PAST TOP PICK
(Top Pick Mar 5/10, Up 12.47%) Had a hiccup when there was negative press. The next leg up is the Keystone XL pipeline down to the Gulf.
COMMENT
China: He was on a trip there recently. What is overwhelming is how dynamic it is. He found it unbelievable. Saw mines, steel mills. There is a 450Km/h high speed train that is where a farmer’s field was last year. A huge number of people are entering middle class here and are starting to consume.
BUY
This has done a pretty good job of all the trusts. They are moving from more gas to more oily. This is a name you probably want to hold on to (caller needed to sell half because it has done so well). He would consider owning it.
BUY
Likes it. Has done one of the better jobs. Trades a little cheaper than some of the others. It is a name you could buy today. It’s a name he is looking at.
WAIT
It will do better as we move into 2012. Put some money in today to work for tomorrow. It will ultimately go higher. He suggests waiting for a bit.
WAIT
You might see oil pull back because it had such a strong run. Oil names would fall. He likes this name. Along with SU he thinks it is a core position in your portfolio.
BUY
You will see better days ahead. 300 potential drilling locations. This is a name you want to continue to hold. You could take some money off the table if you own it.
BUY
If 2 or 3 years it is a great name. If one year, it has lagged a bit. It is in a consolidation and ‘show me’ stage. There are names you can do better with in the next 12 months.
BUY
Likes it. A safe place to hide if you don’t want to take the risk of commodity stocks. Modest growth of 6-8% with dividend included.
HOLD
A little more gas weighted. That’s why it has not participated. You OK in terms of distribution.
BUY
We are still waiting to see a big up tick in Husky. Waiting to see the strategic direction.