Today, David Baskin commented about whether X-T, V-N, TN.UN-T, MX-T, AC-T, CBI-N, ENB-T, PPL-T, JPM-N, COS-T, CNR-T, UTX-N, RTX-N, AVO-T, CM-T, BMO-T, MET-N, WFC-N, HR.UN-T, BNS-T, BCE-T, RCI.B-T, GEI-T, DII.B-T, EMP.A-T, KPT-T are stocks to buy or sell.
For long-term investing are you better off with Raytheon (RTN-N) or United Technologies (UTX-N)? These both have the same kind of exposure with a lot of defence industry exposure. The problem with the defence industry is that has it has been either a feast or famine, and he wouldn’t know which one would get hurt the most if a contract got cancelled.
For long-term investing are you better off with Raytheon (RTN-N) or United Technologies (UTX-N)? These both have the same kind of exposure with a lot of defence industry exposure. The problem with the defence industry is that has it has been either a feast or famine, and he wouldn’t know which one would get hurt most if a contract got cancelled.
He is bullish on rail companies. There has been a problem moving the volume of grain. Whenever you hear there is a problem with too many carloads, that has to be good for rail companies. They are moving more oil because pipelines are not being built very quickly. Prospects for Canadian rail companies are pretty good.
All oil sands companies are facing the same issue, their bad image on environment. They are all spending money ameliorating properties and making things work better. He believes this will be developed and oil will be produced and will get to market. He prefers Suncor (SU-T) because of its vertically integrated operations, and Canadian Natural (CNQ-T) because it is a better operator, and has better holdings. He is positive on the oil sands.
Has always considered this to be the worst managed bank in Canada. Doesn’t see anything that really distinguishes this.