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Market. The average investor has a 30 year time frame. We have not had a correction in a very long time but if you are worried about it and you have a long timeframe, you don’t have to worry about it.

TOP PICK

$300 million in cash and less than 9 times earnings. They just can’t get any love. It had a bit better execution in terms of earnings and they could get recognized. They buy back stocks. Leverage on their operations is quite high and it has not performed yet. (Analysts’ target: $14.87).

HOLD

It is a pretty good income stock but only that. It has low growth and high debt ratio. Their quota is in Canada. It is a nice little income stock. Take the dividend but don’t expect a lot of growth.

DON'T BUY

It has not done anything at all for him and is on a short leash. It is drifting back now. He would be concerned about tax loss selling soon. There is value there but don’t start a position.

WATCH

It is a really well run company. It does not get a lot of attention. It is not cheap but is a slow and steady performer. You might want to own it when there is a market correction.

WATCH

He tries not to forecast commodities. There will be some tightness of supply in zinc. Global growth looks okay. It looks good for zinc. If things go right in the metal then the stock will do well.

HOLD

This is a boring stock. They wash linins for hospitals and industrial. They have long term contracts and definitely are a safety company. It will not get killed to badly with interest rates.

COMMENT

We are seeing it start to turn up. It is still pretty small but the trend is there and the orders are there.

BUY

They came out with a production update a couple of days ago and their backlog continues to grow. The stock is looking quite good. He likes it. You don’t have to worry about it in the short term but watch the back log to roll over.

HOLD

It has been quite weak. There has been sector rotation and concern about refinery margins. They have done nothing wrong. They made a good acquisition.

WATCH

He is cautious on that space. This is the biggest one in the space. The store front locations are very tiny. There will be some very big players in the industry but all money raised in this industry goes into production. He cannot get a handle on the valuation. If you are not taken over in the next year you will be in big trouble.

DON'T BUY

High debt, almost awash and the sector is in decline. They are big enough to muddle through this but he does not want to get involved.

DON'T BUY

It has been getting hit hard. They were going to cut back on international sales. It has been on a big downhill slide ever since.

PAST TOP PICK

(A Past Top Pick Jan 18/17, Up 16%) The stock is very, very cheap. It is trading at 9 times earnings. Their growth rate is beyond that and they offer a good dividend. It does not get the attention it deserves. He likes it on valuation.

PAST TOP PICK

(A Past Top Pick Jan 18/17, Down 24%) They have a big drill program in New Guinea. They look very good from a financial point of view. You can’t fight the tape in the energy sector. They have no debt.