Latest Stock Buy or Sell? Make More Informed Decisions!

Today, Hank Cunningham and N/A commented about whether GOOG, HR.UN.TO, BPO.TO, ZEF.TO, JE.TO, BAM.A.TO, TOT, XHB.TO, CHB.TO are stocks to buy or sell.

N/A

Markets: Likes farmland. We are into a period of rising government bond yields. The risk trade is on and the safe haven is on. Prefers corporate bonds. He is a seller of higher yield instruments he recommended in the past. He would be buying corporate bonds for now but not for long.

DON'T BUY

Brascan 5.95 June 14'35s. Don't go for 10 year corporate bonds. Yields are likely to rise in that time. If he really likes a company he may change his view.

DON'T BUY

Premium bond, real return bond of something else for grandson: Real return only yield about .3 or .4 above CPI. But these are the way to go. Buy for a grandson but not for yourself.

SELL

Are priced to perfection. The easy money if off the table. The return won't continue. It's not sustainable.

SELL

The easy money is gone. Not a high yield bond fund anyway. A lot is below triple 'B'. Only sees 5% return in the next 12 months.

SELL

When to sell before maturity. He wrote on it in the third edition of his book. Buy convertibles when they are just about in the money and premium to maturity is less than it would take to pay the premium back. The time to sell them is right now. The premiums are as much as 53% and it would take 17 years to pay it back.

N/A

GICs are an attractive place to invest. Favours a laddered approach. GIC world stops at 5 years and to go further you have to use bonds.

COMMENT

Convertible bonds/debt. 5-3/4% 2016 with a 53% premium. 13 years to recover the premium so don't buy them now, go for the common if you like the company.

PAST TOP PICK

5.29% bond maturing April 25/17. (Top Pick Nov 28/11, Up 7.6%)

PAST TOP PICK

6% convertible you June 30/17. (Top Pick Nov 28/11, Down 3.20 %) Turned negative on the company but still holds it. It's a weak hold. It's a nervous position.

PAST TOP PICK

(Top Pick Nov 28/11, Up 17.63%)

TOP PICK

Brookfield Office Properties 4% 4/16/2018. Lower Manhattan, well managed. Triple 'B' high so investment grade.

TOP PICK

H&R REIT 5% 12/1/2018. Relatively attractive yield over Canada's. A really good company.

TOP PICK

407 International 3.87% 11/24/2017. They can raise tolls whenever they feel like it. They are a utility. Giant long term contract. Triple 'B' rating. Probably would carry to maturity. Maybe the only infrastructure bond in his portfolio.

COMMENT

Trading in Google shares has been suspended after the internet giant released its third-quarter results early by mistake. Google blames financial printing firm RR Donnelley for filing an early draft of the results, which had been expected after the closing bell. Shares in Google were down 9% when trading in the stock was suspended. Shares had fallen as much as 10.5% at one stage. In a statement, Google said: 'Earlier this morning RR Donnelley, the financial printer, informed us that they had filed our draft 8K earnings statement without authorisation... We have ceased trading on Nasdaq while we work to finalise the document. Once it's finalised we will release our earnings, resume trading on Nasdaq and hold our earnings call as normal at 1:30 PST.'