Unlike AT&T (T-N), it took a big risk by putting fibre in the ground. They bought AOL and part of Yahoo. Had a joint venture with Vodafone on the wireless side and bought them out. Thinks they’re trying to create a 3^rd stream of revenue from advertising and tie it into their wireless business, and maybe their line business. Trading at about 17X earnings and feels the dividend is safe. You have to see if they can execute on Yahoo. Thinks you can own it and it will do well, but these are the risk factors. Dividend yield of 4.2%.

Not an expensive stock, trading at 11X earnings. They have so much cash that they don’t know what to do with it. Has a big buyback going on, and they can certainly increase the dividend a lot more. The risk is that a lot of their revenue comes from one product. You are not going to see the massive growth that you have seen in previous years. Dividend yield of 2.15%, which could easily be put up to 3%.

A cheap company. A great company and pays a good dividend. They have lots of capital and don’t have to worry about things and they can buy back their shares. Lifecos are up against a very difficult environment from an investment point of view, which is going to keep the stock moving sideways for a lot longer than people think. If you have a 5-10 year view, then buying at these levels makes a lot of sense.

(A Top Pick Aug 20/15. Down 26.51%.) Being split into 2 different businesses. He likes the fleet business part which is a good business over the long-term. Still a Buy at these prices.

(A Top Pick Aug 20/15. Up 59.43%.) This will continue to be a great story. They manage condos in gated communities. Also, have auxiliary services, such as own pool cleaning services, College Pro painters, air conditioning, etc. A really interesting story because most of the business is mom-and-pop, and is heavily into the US relative to Canada. He would be a Buyer on any pullback.

(A Top Pick Aug 20/15. Up 14.65%.) A great bank. Have done a great job of growing their franchise in the US, around the east coast. Not trading at a high multiple and has a great yield. If they can keep their costs down, they can have bottom line growth between 10%-15%. Their US franchise is still not earning what it should be, and he thinks this is the upside to the story.

This bank has viewed itself as more international, especially in the emerging markets. However, they are not always the leader in that area. Because of those countries, this bank has the opportunity to be a higher growth company, but the issue they face is that it is much more volatile. Not expensive, and you get the benefit if emerging markets turn around.