(A top pick June 5/13. Down 0.11%.) This is going to follow airline stocks. There is a very strong move in the aerospace cycle. Believes this is going to be priced as a growth stock again. Could be a double and continue to go on after that. Yield of 2.11%.

They sell into telecom equipment, either wireless, cable, etc., and inspect the zeros and ones that go through to understand what is going through the network. Thinks it is starting a new leg of growth here. Will be reporting on Thursday. This space grows at around 20% and this company is the market share leader and they believe they can grow faster than the space. Not expensive given their revenue growth.

Have been growing their assets at about 20% a year but haven’t been getting much credit for the fundamentals because their interest rates have come down so much. They typically make a lot of money on margins. When somebody buys stock and they don’t want to pay for it in full, they can use other stock as leverage and there is a fee to that. This is a great play for a rising yield play. Yield of 1.36%.

Likes aerospace and what is happening with the main airplane companies. The commodity cycle is very muted this time around, and we won’t see commodity inflation for 5-10 years. As a result, the main lines will do very well. They will have more cash flow to spend and will spend it on upgrading their fleet. If it came off 7%-8%, that would be a great buying opportunity.

Not a fan. This is a tech company that is in denial of their growth prospects. They are the gorilla of market share but have nowhere to go because there is no real growth in core PCs.

If you own this and your entry point was a couple of months ago, your timing was probably poor. He wouldn’t give up on this. The natural replacement of homes in the US is something like 1.5 to 1.7 million homes and for the past 6 years or so, Canada has been producing homes closer to 1 million per year. Construction hasn’t caught up to the natural replacement cycle yet. Renting has been a huge factor and he thinks this is going to change. It is now cheaper to buy a home than to rent. Over 2-3 years this is going to be a good holding. Keep an eye on the 2-10 year yield and when that steepens up a bit, that is when it is very advantageous for homebuyers as well as home construction.

Chopping over 8500 jobs so the stock took a jump. Although he doesn’t own this, he likes the healthcare space in general, which has lots of pricing power. Healthcare has been really focused on management. They all thought they were growth stocks in the 90s and flooded the family doctor sales process but didn’t have much in their pipeline to show. They have slimmed down and have focused on high ROE and investment cash flow.