Was a beneficiary of money fleeing the wireless stocks. They won’t be hurt by a competitor coming in but he prefers Telus.

Gold stocks got a big jump yesterday and it is because rates are not expected to go up as much as people thought. Gold’s case is getting weaker and a small exposure is good but he owns and prefers AEM-T instead.

Debt level is pretty high. New CEO come in and doing strategic review. There are issues about supermarkets selling spirits and wine and it could hurt their revenue. Wait for the strategic review and then decide.

Nice dividend. They are in a bit of a spot. Invasion of US retailers and more people fighting over a shrinking pie. A lot of cash on the balance sheet so can fund dividend off balance sheet if they want to but would be smarter to cut dividend. Doesn’t know if they will actually do that. Not one he holds and he would wait for a bounce or get out of it. Are going to fall out of an index fund and that will create a headwind. At a nine year low.

High quality company, oil focused. Big project in Ireland, gas but they get Brent pricing. Good one to hold over the long term.

Doesn’t follow. Oil. He is focused on gas at the moment. Oil is at high prices. A lot of people are positioned in oil. Net futures positions are the highest they have ever been. It’s a pretty crowded trade. He is moving towards gas – see Top Picks.

Management team is good. Seniors housing in US and Canada. You will get a bounce along with the other REITs from a macro perspective. They are focused more on the private pay side than on the government side. Will be bounced around on rates more than anything else.