Latest Stock Buy or Sell?
Today, Michael Sprung commented about whether WN-T, ECA-T, CPG-T, VET-T, TDG-T, PGF-T, POT-T, SAP-T, SU-T, BMO-T, CM-T, CNR-T, CTC.A-T, WTE-T, MG-T, HBM-T, TLM-T, MFC-T, WFG-T, CLIQ-T, ERF-T, BNP-T, G-T, ECI-T, JE-T, S-T are stocks to buy or sell.
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Prefers Bank of Nova Scotia (BNS-T) because of their international diversification and their tight, tight credit and the Royal Bank (RY-T), which seems to be firing on all cylinders. This is an area where he is going to continue to hold his bank stocks. Would have no hesitation in buying banks.
$68.960
No
This is his primary holding in the oil/gas area. Expects there will be significant capital appreciation. It is such a well diversified company with the oil sands, upstream and downstream operations and their retail operations.
Latest report indicates the Australian takeover panel would force this company to raise its bid to $9.56 per share. Because the bid has gotten so competitive, he would not be a buyer of this one today. He is going to wait and see what happens on the acquisition and then how well the integration goes.
(Market Call Minute.) Potash prices remain under pressure and he thinks they will be for some time.
(Market Call Minute.) Seems to have improving fundamentals recently and is one that he would look at with its current price. Have made great improvements operationally.
(Market Call Minute.) This has done extremely well. Excellent management.
(Market Call Minute.) Very well managed company. Has always run a little bit ahead of what he was willing to pay.
