BUY

One of his favourite stocks. He is kicking himself for not having bought in. In the next 12-18 months with a pipeline expansion, you are talking about a million more barrels of throughput.

HOLD

Kicking himself for not buying it. A great story going forward. No dividend. He would like to see it pull back before buying any.

HOLD

Don’t buy on the speculation of a take-out. He never owned it.

BUY

Likes it. If we are right about the rising US economy, DIS-N will continue to enjoy increasing spending by patrons.

PAST TOP PICK

(Top Pick Jul 22/13, Up 29.60%) Sold it when things got dicey in the housing market. Now it is on his potential buy list for re-entry. $22 would be a good entry point, but he hopes to get it cheaper.

PAST TOP PICK

(Top Pick Jul 22/13, Up 61.22%) Valuations are stretched on all four major pipeline companies. They spent a lot on infrastructure and now there is increased capacity. It stays a core holding. It is an attractive entry point for a 3-5 year holding.

TOP PICK

(Top Pick Jul 22/13, Down 0.19%) You could see a bounce back up to $1360-$1420 for gold, depending on geopolitical events. Gold could have this short term pop of 5-10% and it will increase long term as well due to Indian demographics among other factors. He will hold it for fundamental reasons. They are not finding as much gold any more.

WATCH

They are running into a roadblock with reserves declining. They are working hard to get additional production. Will probably get it sometime next year. There is a risk of running out of ore, but management does not feel that will happen.

WAIT

He avoids telecoms because of government confusion or interference. Wait to see if we get a 4th national player. If he owned one it would be this one.

WAIT

Wait for the takeover to complete before selling. Being acquired allows BCE to increase their dividend.

HOLD

He added it recently as new positions for clients. He likes the story. Hold on long term. The second half of the US recovery will benefit this one.

STRONG BUY

A favourite company. A leading supplier of pipeline coatings. A market leader. He is very bullish on the company.

BUY

It was too small for him to buy. Given the sponsorship from pension plans, it is an interesting story.

HOLD

Stretched in terms of valuation. To protect yourself from increases in interest rates, look for demonstrable ability to increase dividends, which this one has. But this one has much more commodity exposure compared to the others.

BUY ON WEAKNESS

Owns CNR-T. Both rails are priced for perfection. Will enjoy further earnings growth as the economy continues to improve. He would not rush in right here.