Today, Philippe Capelle commented about whether CNQ.TO, AEM.TO, CFW.TO, G.TO, BTE.TO, ELD.TO, CVE.TO, ARX.TO, FNV.TO, CPG.TO, IMG.TO, WPM.TO, AGU.TO, PD.TO, K.TO, TECK.B.TO, HSE.TO, ECA.TO, G.TO, BTO.TO, POT.TO, CCO.TO are stocks to buy or sell.
Has been acting very well. The IPO that is coming up for some of their assets is being anticipated by the market. The Nat Gas market has been a rocket ship in some ways. It could take a couple of years to recover from the current low inventories. Does not think you should trade out this stock right now. These stocks will not pull back this summer.
(Top Pick Sep 12/13, Up 14.64%) Expanding potash mine in Saskatchewan. Retail business is going well although planting season is late this year. He is still comfortable with this one. Corn prices have rallied back and this stock moves with them. His gut feeling is that dividends won’t increase this year.
Markets. Sees good upside for the markets going into 2015. Canada and emerging markets will improve 12 months out. Pure energy is 20% of the TSX and will do the heavy lifting.