(Market Call Minute) He prefers the auto parts companies to the OEMs. We saw a hiccup from Ford. They are well diversified.

(Market Call Minute) Results look good. Good free cash flow yield and good growth potential.

(Market Call Minute) He is not comfortable with the lack of visibility to long term growth. He is staying on the sidelines.

(Market Call Minute) Prefers Cinemark Holdings (CNK-N) in the US.

(Market Call Minute) Two thirds of their portfolio is from renewable, stable power generation assets. Little commodity price exposure and good valuation.

(Market Call Minute) There is a lot of uncertainty still with respect to the synergies with their acquisition of Alcatel.

(Market Call Minute) Decent for Canadian investors. It had a good run. He prefers some Western Canadian REITs that represent deeper value.