Today, Colin Stewart commented about whether BTE.TO, PONY.TO, EAT, HVU.TO, KCG, SLF.TO, MG.TO, CPG.TO, FGE.TO, BK, EXE.TO, GE, OSK.TO, WTE.TO, PD.TO, RIO, TECK.B.TO, MRU.TO, STEI, WCN.TO, CHE.UN.TO, NFLX, OSB, AIG, BMO.TO are stocks to buy or sell.
Markets. The hope that the central banks will do something seems to have kept the market rallying. Equities are cheap and, relative to bonds will do quite well over the next 5-10 years. There are a lot of short-term problems. Likes some of the industrial spaces such as auto parts and any Cdn names leveraged to US housing.
Big insurance company with a lot of bad assets through the financial crisis. Government had to bail them out but today it is wildly different. They've cleaned up their balance sheets so their assets are in much better shape. Because they have been raising a lot of cash, their core insurance businesses have been very profitable and have been able to gradually buy back the government's stake. Trades at only half of BV.