Today, Fabrice Taylor commented about whether KL-T, IMH-CN, CPG-T, PIF-T, R-T, CHH-T, CLS-T, MRE-T, AT-T, BIR-T, ABM-X, GCL-T, KNT-T, HSE-T, ARE-T, CLR-T, DIV-T, HSM-T, BP-N, TECK.B-T, CASH, IBG-T, GSV-T, TD-T, ZINC-X, ALA-T, TPH-T, CSCO-Q, CZO-X are stocks to buy or sell.
(Top Pick Mar 9/16, Up 68%) The stock got crushed and then they did a nice recapitalization. Then their margins started to get better. He was looking for confidence in management and found it with this one. He only owns the convertible debenture now. They should benefit from infrastructure spending.
Markets. Big stocks are not cheap right now. We had an 8-9 year bull market. They are made all the more expensive given that interest rates might go up. He is a bottom up guy and feels there is always something to buy. Stocks always take a breather when they have had a run for a long time. You have to expect there will be a breather at some point. Have lots of cash and be ready to pounce when you have an opportunity.