BUY

Has been a fantastic story off the bottom. Earlier this year they lost one of the contracts for their housing. They are now redeploying the beds and she thinks they are going to be successful. Well managed. This is a long-term Buy.

COMMENT

Has been doing really well in the last little while and she thinks this is because they have been converting their presence into a lot of orders in California. Pretty much saturated in Canada, so all of the growth is going to be pretty much out of the US. She has not been trimming her holdings.

DON'T BUY

Loves the company. A Canadian company with a global footprint. Have training centers all over the world. Made an acquisition and have been redeploying simulators between different sectors which have caused a problem in earnings last year. Don’t seem to ever be able to translate their success to the bottom line. She would go with Mac Donald Dettwiler (MDA-T) instead.

DON'T BUY

Thinks Teck Resources (TCK.B-T) assets are way more attractive. Has a new mine in Madagascar that is coming into production, and even that is causing issues because Madagascar is one of those poor countries with very few successful assets and operations. She worries that there will be attacks on it one way or another.

HOLD

Every time she tries to trade this, she has to buy back at a higher price. Acquired some of Sobey’s movie theatres last year and this will be accretive next year. Incredibly well run and always expensive. They are increasing their dividend.

DON'T BUY

Doesn’t have a huge yield because the stock has done so well. It is in that group of pipelines and utilities where people tend to sell when they need money to deploy into more cyclical and economically sensitive stocks. It will continue to suffer from this. In a trading range. The issue of getting new pipelines in Canada and the US is going to overhang the industry as well. An expensive stock and she would prefer to see you in something else.

COMMENT

Has been growing by acquisitions. Extremely well run. Good track record of making acquisitions, integrating them and making them accretive. They have to make an acquisition to move the stock, which is getting harder and harder.

DON'T BUY

She is not in this sector. Who knows how that is going to happen now to the whole issue of Potash (POT-T),. Potash prices are declining. Corn prices have gone down, which is not necessarily good for fertilizer companies. She would stay away from all fertilizer companies until we know what happens in potash.

N/A

Economy. Thinks the Fed has lost control of interest rates. The fact that they couldn’t taper with a 3% on a 10 year bond says that the economy is really weak, weaker than what they have been presenting. He is wondering how quickly bond rates will reverse and go back up to 3%. Next time they won’t be able to even cut, they are going to have to increase because, going forward is about controlling the rise of interest rates and they are the buyer of last resort. Also, US$ is extremely weak. In essence, we have massive financial lunacy going on right now because of the money printing and everything else that is going on. They are going to start to lose control. For now, he would be betting against the market going any higher.

N/A

Gold. The #1 insurance against financial lunacy is the least owned asset in North America. The Chinese love gold, India loves gold, all the rest of the world loves gold because they are feeling inflation. There has been manipulation in the market, only because you have a massive disconnect between the physical exit of North American gold that is going over to Asia.

BUY

He likes the infrastructure plays, pipelines and utilities. His company’s target on this is $19. Likes the yield at 7%. Has had a good pull back. So now is a good entry point.

DON'T BUY

His company has this as a Neutral with a $7.75 target. He would prefer Pacific Rubiales (PRE-T), which his company has as an Outperform with a $25 target.

BUY

Likes golds, which is the financial insurance against the mess that is going on. This stock is one of his primary holdings. Great company. Low production costs. Likes that they are in north-south (North and South Americas). Great management.

BUY

Likes this. They are ready to start producing and will be the 1st lithium producer in North America. Cheap costs. The only negative lately has been a lawsuit because of the issue of the 43101, which he thinks was an engineering mistake more than anything. Very well managed.

BUY

Likes the power utilities for their yield and they are good solid companies. His company has an $8 target on this. Has had a pretty good pull back, so this is a pretty good entry point.