DON'T BUY

This is facing a big sideways consolidation that is spending too much time going without making new highs he says. It shows no signs of breaking out.

PARTIAL BUY

He sees a good up channel, so try to buy near the bottom of the channel.

SELL ON STRENGTH

This is a tricky one, because the retail Bay outlets never seem crowded. The real play is the real estate value. There was a strong topping formation on the chart back in 2015. The recent selling looks like it will continue. He would not add to a position and would unload the position above $12.

SELL

This chart is showing lower highs and lower lows and is at a 5 year low. He thinks it is best to exit this one as it is showing no signs of a bottoming formation.

SELL

The chart is in a down channel and is re-visiting recent lows – normally a signal for lower prices to come. He does not feel the bottom has been established yet.

DON'T BUY

This chart is stabilizing, but if credit markets continue to deteriorate he would be cautious. If it trades below $20 watch out. Don’t let it trade another 10% lower against your position.

TOP PICK

He still likes this one. IT services will continue to grow and they have been replacing lower margin contracts with better margin ones. Yield 0%. (Analysts’ price target is $75.35 )

TOP PICK

This company helps customer to automate their processes to help them be more competitive. It has a new CEO who is very focused on execution. The market believes they will increase profit margins by 5%. They also have a pipeline of acquisitions. The stock now has momentum. Yield 0%. (Analysts’ price target is $18.70 )

TOP PICK

This company owns Sobeys’, who acquired Safeway. They have turned things around and “Project Sunrise” is working to centralize things. Same-store traffic and margins are improving. They are doing very well in a very competitive sector. The stock now has momentum. Yield 1.7%. (Analysts’ price target is $28.28 )

PAST TOP PICK

(A Top Pick December 29/17 Up 11%). This IT technology consulting company has been very successful.

PAST TOP PICK

(A Top Pick December 29/17 Down 14%). Despite weakness in price, he continues to love the company. He thinks the new-issue supply of stock is still being absorbed in the market.

PAST TOP PICK

(A Top Pick December 29/17 Up 4%). Agriculture is a growing segment due to changing demographics and growth in developing economies, he says. This company handles grain storage and are immune to fluctuations in grain prices as they are compensated by volume. He continues to like it.

DON'T BUY

Used to be a darling in this space. Fundamentally, it suffers from a broken chart recently. Are you catching a falling knife or getting the right price now? You'll face a wave of selling on the way back up when it bounces back, so this will create resistence levels.

WATCH

Valuation is slightly rich. Its payout ratio is two, whereas Facebook and Google is one. Its upside is a recent beat while their Cloud numbers are strong. They have transitioned well and turned the ship around. This could be a core name in a rising market.

DON'T BUY

He's been hard on this name. He's steered away from consumer staples, a bad neighbourhood. Its retail end has done OK due to consistent demand, but its pharmacy side has struggled. Generic drug pricing pressure is merely one factor. Its dividend isn't enough to make him buy. He could see a pullback when rates rise; inflation hurts bond proxies like this.