HOLD

Parklawn Cementery. (PLC-V) He owns this stock and covers it. Pays a nice dividend. It has held up quite well in this market. They have had some growth.

COMMENT

US residential housing. It has done well. They have been able to raise money and grow their portfolio.Thinks gradually you will see continuous returns if they can keep financing themselves and acquiring more properties. It has a nice chart.

WATCH

Has owned this stock in the past and is currently looking at it. It is an energy service company. They have been getting caught in the down draft. They have something that is a little different because they have operation off shore that are related to natural gas. Natural gas is a local market. It may be a buying opportunity here, but he needs to do a bit more research. It is interesting and pays a decent dividend. It is profitable and is showing some decent numbers here.

BUY ON WEAKNESS

It is a blue chip US stock.. Great to own for the long term. People are always drinking coffee and tea. Great stock to own if you can get it for a good price.

COMMENT

He thinks that there is a chance that the deal might fall apart.with Northern Properties. People aren't very happy with it. If the deal doesn't go through, both shares should recover. If the deal goes through , he thinks you might be in for some pain.

COMMENT

Canadian Banks? He feels that banks are banks and that they will always make money and pay dividends. They have always been good investments. At this stage of the cycle they may not be attractive buys right now. It might be better to buy next year if the housing market rolls over as some people think. If you are looking for a dividend buy them now, but if you are looking for capital gains you might get a better chance in the near future.

COMMENT

They finance a farmer's input costs. For example, they might fund them on their seed or fertilizer and in return they would take a portion of their crop. It is a new business. He likes the owners and thinks they are smart. However, there are many things affecting it, like grain prices and weather. He thinks it is interesting, but he doesn't own it. He would like to see several more quarters of results.

DON'T BUY

It is risky especially if we go into a recession. It may be a buying opportunity if it gets low enough. He is not a buyer though. He thinks they have a good cash balance, but sentiment could drive it down.

COMMENT

He is interested. There is potential for amazing synergies as they become a dominant player in the leasing business. He likes the CEO, who has a strong ability to put deals together. Could be interesting if they can grow and maintain the multiple.

DON'T BUY

He feels that they have a lot of problems. They have so many divisions and they never seem to do well at the same time. He would avoid it at this time.

TOP PICK

They are a bus building company. He has been in this stock for a couple of years. It has been great. Recent news has led him to believe that there is still some upside. He has been buying more. He thinks it is attractive. It is multi-government funded. Buses are old and have to be replaced. Estimate P/E is 17.07, dividend is .05, Yield is 3.33%. The industry has consolidated from five big payers to three since the last recession.

TOP PICK

Convalo has 30 million dollars of cash and a market cap of about 45 million. Revenues as of the 2nd quarter of this year were about 3.5 million., plus they have made some acquisitions.. Feels they will make about 10 million this year. Their gross margins are about 70%. Thinks it is a good time to buy. Estimated P/E 26.50. He recommends that you wait 2 weeks before buying as there might be a wave of selling in the next few weeks.

TOP PICK

This was a past top pick and he still really likes it a lot. It has had two royalty acquisitions, they have increased their dividend twice. He thinks he might be able to get a 20% return over the next year.

N/A

Markets. There are two ways commodities can recover from a bear market: Demand Creation, when prices become lower or the economic recovery spurs demand for them. The other is that you have demand destruction where you shut in mines and wells. The first is a shallower bear market compared to the second. He thinks demand destruction is the way we are going. We are seeing investor capitulation, but not amongst the juniors.

STRONG BUY

Is a takeover candidate. They have increased production and lowered costs now. He is very bullish about it.