A good company, run by good management. Pays a good dividend yield. He believes natural gas will move higher, however prefers Tourmaline (TOU-T) which is a little cheaper, and gives a little more growth. However, this doesn’t pay a dividend.

Benefiting strongly from metallurgical coal prices. They also have zinc and copper. It all ties back into if Trump goes ahead with his infrastructure plans and Chinese demand picking up. If so, a company like this will do well.

Management has brought the costs down and are buying things cheaply. No one finds energy like this company does. The go-to gas name in Canada.

A midsized light oil player and a dividend player. Management’s idea is if it can give investors 10% production share growth, each year, and pay a modest dividend, maintain existing production, it is a viable way to build a business. During the downturn, management was able to buy assets on the cheap. They bought a number of land packages that really increased the size of the company. Dividend yield of 2.28%. (Analysts’ price target is $14.33.)

Light oil in Saskatchewan and Alberta. Good management team, which tends to under promise but over delivers. The largest shareholder is the Canada Pension Board, so in the past when they have gone to make acquisitions, the Board has usually stood behind them. Dividend yield of 2.88%. (Analysts’ price target is $10.41.)

The minutes from the Fed indicated inflationary pressure if the Trump government goes ahead with the fiscal stimulus they have been talking about. Lending spreads go up as interest rates go up, and banks can make more money. It seems to be a positive environment for the banks. The question is, is it already priced in? He is positive on US banks right now.

This is facing a number of challenges with the new administration, chiefly with the Trump Jihad against China. So much of what they sell is imported from China. Walmart is very, very big and a slow grower. He always prefers predictable, slow, dividend payers to companies like Amazon (AMZN-Q).