PAST TOP PICK
(A Top Pick Sept 28/11. Up 228.95%.) Still a Buy.
PAST TOP PICK
(A Top Pick Sept 28/11. Down 10.25%.)
WATCH
Need to be disciplined, and purge emotion. Set asset allocation at a time that is as neutral emotionally as possible. Review on an ongoing basis. Stick to your asset mix, and within those asset classes take advantage of the companies that you think will do well over time, and don't let the macro issues effect your decisions.
HOLD
Has become a high tech chemical company, 25% of business in agricultural business, rest in traditional chemicals. 60% of business in overseas. Trading at 11-12X earnings. Has decent dividend.
WATCH
Question: how to buy US equities from a Canadian account? Avoid constant exchange, every transaction is a hit on the exchange. Setup a US account, transfer money in and out of US account less often to avoid the exchange hit. If you are doing it through an RSP (which can't be in a US account), then look into discount brokerages (TD, Scotia) matching the exhange rate if you are buying/selling on same day. Tax implications are capital gains tax, withholding tax on dividends.
DON'T BUY
Has become a show-me stock, but has yet to do it for him.
WEAK BUY
Not a bad company or stock, but tends to favor pepsi over coke because of the diversity of pepsi's business.
WEAK BUY
Rumor today that "Express Scripts" and Walgreen have come to an agreement. In pharmacy space likes Walgreen over Express Scripts.
TRADE
Rumor today that Express Scripts and Walgreen have come to an agreement. In pharmacy space likes Walgreen over Express Scripts.
BUY
Likes it. Stabilty of income stream and cash flow. Produces ton of cash. Yield is 4.3%.
STRONG BUY
Has been a "tough own". 139 Drilling vessels. They are well positioned for the type of drilling that will dominate over the next few years.
PAST TOP PICK
Dec 15,2010 Recommended at $21.10 down 29.05% Industry is down. Still thinks has good prospects, trading at less then 10X for what is expected for 2011.
PAST TOP PICK
Dec 15,2010 Recommended at $65.24 now $62.33 Down 2.25% Is more diversified then Coke, which gives it a nice combination of growth and stability.
PAST TOP PICK
Dec 15,2010 recommended at 35.78 now at $54.35 gain of 51.9% Makes mattresses, technology developed by Nasa. Have spent money on advertising which has paid off.
HOLD
Has been going down, but is market related. A good company, paying down debt, may introduce dividend.