COMMENT
Markets. We are in a bit of a trading range. Currently we are in the classic tug-of-war. Are earnings better or worse than expectations? Also rising interest rates are not boding well for equities in the longer run. But interest rates are low and will stay low and earnings are good. There is also lots of dividend growth.
BUY
Markets. We are in a bit of a trading range. Currently we are in the classic tug-of-war. Are earnings better or worse than expectations? Also rising interest rates are not boding well for equities in the longer run. But interest rates are low and will stay low and earnings are good. There is also lots of dividend growth.
DON'T BUY
Solid dividend player but doesn't necessarily have the growth opportunities that you would see in other sectors. Some of the midstream type companies have a little bit better growth than this one. Prefers others.
BUY
Just reported. Had some issues and have stated they are now addressed. Raised the dividend indicating they can't meet their objectives. Have solid earnings. Not expensive. Looking at this one. (See Top Picks.)
DON'T BUY
This one depends on where interest rates are going in the next 1-2 years. Their chart is almost directly correlated to the level of interest rates. All the lifecos are struggling with low interest rates and how long they will stay low.
BUY
Bought this one at $30 when copper was at $3 a pound as the long-term outlook for copper plus a little bit of zinc looked attractive for the long-term. He also felt they were in a good position to raise their dividend.
BUY
A dividend grower but he is looking at it as to where the North American economy and the global automotive sector is going. There is no question that the auto sector is making a rebound and this is a major participant of that.
BUY
One of his favourite banks. The recent issue built up their capital base and the selling of the real estate will be an addition to their capital base. Solid yield which will grow over time. Have a neat franchise in Latin America.
BUY
Great yield of 4.5%-5% and has been able to raise their dividend year after year. Also benefiting from people who are thinking about retirement and out of bonds.
TOP PICK
(A Top Pick Oct 5/11. Up 4.16%.) Keystone is one of those issues that is into the stock and when it gets resolved, which he expects, it will be good for the stock. Keystone is not that material in relation to all its other businesses. This company will grow its earnings and, more importantly, it will grow the dividend. 4.2% yield which will grow 5%-6% over the next 5 years.
TOP PICK
This has been the sweetheart of the gold patch. Everything is on track for them. 2.5 million ounces going to 4 million sometime in the next 3 to 4 years. A consistent low cost producer. Good cash flow. Have the ability to raise their dividends.
TOP PICK
5% yield looks really good compared to bonds. Earnings have kind of stagnated and outlook for 2012 is somewhat flat to very small growth of cash flow generation is amazing.
PAST TOP PICK
(A Top Pick Oct 5/11. Up 9.1%.) Great dividend growth. Exceptional company. They continue to do what they do as well, if not better, than anyone in North America.
PAST TOP PICK
(A Top Pick Oct 5/11. Up 23.21%.) Just acquired some PetroBakken (PBN-T) assets. Pays a solid dividend. They go to the street every time they do a deal, which he likes. 5% yield.
COMMENT
Markets. Thinks this is the last time the Greeks can go to the trough and will have to see what happens after that. When that settles in and people are happy with that, the markets could have a good run. If it doesn't, the markets could have check back but that would be a buying opportunity.