Has executed very well in the past with their acquisition strategy. However, it is quite expensive. It is classified as a material stock on the TSX, and many investors who don’t like mining but need to be invested in all sectors, have picked this one, which has driven up the valuation to a very high level. 1% dividend yield.

This has been stuck in a range lately. There were some concerns about fuel volumes in Western Canada, and also in North Dakota where they have a growing business. Recently made a nice acquisition of some fuel stations from Imperial Oil (IMO-T). They are becoming more of a retail fuel station operator, than a wholesale reseller of fuel. That should gather a higher multiple. You may see an acquisition in the next few months, that will probably come with an equity issue. That would be a great way to increase your position. Dividend yield of 5% is fairly sustainable.

Thinks the dual-class share structure is part of the reason for the stock’s decline over the past 2-3 months. But also, many people have been buying the stock for exposure to gas margins, which have been very strong in the past year. Now people are starting to be concerned about a reversal of fuel margins, which would impact this company negatively. A very solid company with their acquisition strategy and their execution of it. If it gets down to $50-$51, that would be a great bargain.

He likes this company. They run a very special kind of office space by taking industrial buildings and turning them into offices that look a little like a loft with an open space aspect. It’s difficult to evaluate, because it is not the traditional office space. They have been pretty good at executing a strategy of redevelopment and intensification, and currently have a couple of very interesting projects that will derive cash flow growth in the future. Facing some headwinds near term, because of vacancies. In the last few quarters those vacancies have offset the development growth they have been having. If you see a strengthening in their occupancy rate, then you could consider this as being higher growth. He definitely likes this one. 4% dividend.

An energy service company, and he is concerned at this point for all energy service companies, and would avoid most of them. The activity you are seeing right now in Canada is quite weak. At one point there were only 11 active rigs in Q1, the lowest level that has ever been seen since they were being measured. Activity in Q2 looks like it is going to be weak as well.

A pretty defensive stock, almost a bond proxy. A very stable, regulated utility in Ontario. Growth that can be expected is much lower than what you can get typically, so you are looking at a GDP type rate base growth. They also have a strategy of acquiring smaller utilities across Ontario. He would buy this if you are looking for very, very low risk and volatility. Just clipping dividends with a little bit of growth over time. 3.5% dividend yield.

Reasonably cheap. The multiples are in the mid-single digits on EBITDA. Even the PE is quite low. The concern is US car sales, which have been very strong in the past few years, but now toppy and looking like they have reached the maximum and the recovery is over. There is concern they will roll over. It could be interesting because they have a couple of new programs with car manufacturers that are coming online in the next few quarters. That could drive revenue growth on top of the natural growth. From that perspective, this could be interesting to own.