DON'T BUY
Stock has been under a lot of pressure and he has been looking at it recently. There has been a slowing of the economy with weak copper prices. Coal has been strong but there have recently been threats of renegotiating lower prices. All the resource-based companies have had a correction. If it got down to the low, low $30 on a real scare he might be interested.
DON'T BUY
Have done a great job of turning itself around. It's a high-end product. All of these consumer names have been on a real tear in the last couple of years and doesn't feel they are cheap. If you want a global franchise in this kind of industry, he would look at McDonalds (MCD-N) but it's expensive right now so wouldn't necessarily buy it today. You could also look at Yum! Brands (YUM-N).
PAST TOP PICK
(A Top Pick Feb 15/11. Down 8.1%.) Still likes. All of the energy stocks are down since February but this has been one of the best performing energy stocks on a 1 year basis. 4.5% dividend yield. Had a big natural gas discovery in South China seas.
PAST TOP PICK
(A Top Pick Feb 15/11. Up 1.26%.) Good, long-term investment. If you want exposure to gold, this is the one to have.
PAST TOP PICK
(A Top Pick Feb 15/11. Up 24.51%.) Looking at little bit rich but still yields 5% and management continues to execute very, very well. Had considered having this as a Top Pick.
DON'T BUY
Alumina market as being in distress for a very long time. The big costs are energy. Europe is in the recession and won't get better anytime soon. The Asian bubble may be popping to some extent.
DON'T BUY
There is a very close correlation with food prices and food prices have been moderating. Cutting production in some of their mines. There is no shortage of supply of potash. He would prefer BHP Billiton (BHP-N). Try to get it under $70.
DON'T BUY
A company that is dealing with a transition from being an income trust to being and exploration/development company. Have continued to pay out a very high distribution/dividend. If they really want to go to work on their massive drilling inventory and not have to rely just on strong energy prices, they should reduce the dividend.
COMMENT
A good Short? This is in the service side of the business. Global consumption of crude and natural gas is going to continue to expand regardless of whether we have a mild recession or not. Don't get overly bearish.
BUY
Good dividend and well-run company. Wouldn't hesitate to own it.
BUY
Good dividend yield. Have been struggling. Not just the insurance, but also the asset management business, which will be under some competitive pressure. Also had some exposure to some European assets. It's a non-bank financial, which he is more positive on. Be a seller at $30.
DON'T BUY
BUY
(Market Call Minute.) Good dividend yield. Company is buying back a lot of stocks. Well-run in a very tough business.
BUY
(Market Call Minute.) Thinks you could buy it here. Your risk is $28.
COMMENT
(Market Call Minute.) Just bought some recently. Highly volatile. $12.50-$13 and he is gone.