Latest Stock Buy or Sell? Make More Informed Decisions!

Markets. There was a bit of capitulation in the market and feels there was a “dump the resource stocks” sentiment. A lot of the resource stocks were down 5%-6% while non-resource stocks were down about .05%. He has been pretty light in resource stocks. In April, we are moving into a period of seasonal weakness and now is the time to go into your portfolio and sell the bottom 10%-15% of your low conviction stocks and then sit on that cash for a few months. June, July and August is the time to put that money back in the market.

Terrific company. Very consistent return on equity. Not cheap but doesn’t think you will get a big correction on this. If you don’t own, he would dollar average by putting in about 25% every few months. Great business people.

Hasn’t met with management yet but numbers are impressive. Seem to really know how to extract profit from a relatively small amount of revenue. Very nice dividend. Last quarter was a good one. Earnings are volatile. Have a lot of cash in the balance sheet.

Stock pulled back because 1) quarter was slightly on the weak side because of a slight jump of loan-loss provisions and 2) did a financing and part of it was management selling some of their stock, which is never a good sign. Hasn’t sold his stock but he likes high ROE businesses that don’t raise additional equity. Stock still screens very well and looks very attractive. He would probably take Rifco (RFC-X) over this one right now.

This is in a higher credit strata than Carfinco Financial Group (CFN-T). If you think of it in letter grades, Carfinco would be in the D space and this one would be in the C or C minus space.

Just doesn’t have enough growth for what he is looking for. There are better consumer brands in Canada. Decent company but not a great one. He would prefer MTY Food Group (MTY-T).

Recently sold his last position in this company. Probably one of the best junior/intermediate golds in Canada right now. Very hard to make money off a natural resource company when the commodity itself is trading sideways or down. He doesn’t own any gold. If you are bullish on the commodity, he would stay with this company because it is the top. Thinks momentum has broken down on all resource stocks.

An excellent name but he is not looking to buy any gold on a bottom or correction or on a bounce. It will take a while for momentum players to get back in to gold. Time to move on and find some other place to play.

He wouldn’t be a big buyer of natural resources. Does own a little bit of this one. This is a play on oil/gas exploration in the far north. ROE and dividend are superb. The right time to buy oil/gas service stocks is June, July and August. If you wait until July, he would guess you would be able to buy this for under $5.

Has looked at this one quite closely and has chosen not to participate. The long-term track record in terms of ROC is very lumpy with a good year, bad year. You want to make sure that your good years are strong enough to offset the bad years. Looking at the cycle on ROC, it doesn’t make the cut.

(A Top Pick May 7/12. Up 14.55%.) Very high ROC. Sitting on a lot of cash and keeps wondering when they are going to do something major with it. It is starting to make their ROE turn over so he, from a portfolio point of view, will have to make a decision.

(A Top Pick May 7/12. Up 6.2%.) He thought there would be more action in terms of expansion. Have put up decent earnings but there really hasn’t been a big story. Has not been adding to his position.

(A Top Pick May 7/12. Up 21.33%.) One of the great growth stocks in Canada. Trading at around 8X earnings and grows about 20% a year. Low risk, decent return company. Sharp management. Managing their balance sheet very well. Aggressive share buyback should continue in 2013.

Several issues with lifecos. With low interest rates, can they live up to their actuarial assumption? Also, exposure to the Europe bond market. Those things are probably behind them now so the question is, are they just good old solid financials now. In his mind, none of them stack up to being as good as the strongest bank.

A decent name but just doesn’t make the cut in his book as a growth stock. A lot of overhang because of provincial drug policies and how much they were going to pay. Probably most of that has passed through the system and now there is a baseline of growth. A decent name, but in the consumer area there are names that he likes better.