Latest Stock Buy or Sell? Make More Informed Decisions!

Market. Since November, the run up in interest rate expectations has impacted many of the stable companies they like to invest in. These firms tend to hold slightly higher levels of debt, but it is part of their business and he is not concerned. He is now looking where to engage their cash position. He would be looking at pipelines. Owing Canadian real estate in general is great value – offering 7-8% rates of return.

Gold. Given all the chaos over the last two years, he would have thought gold would not be so stable. Cryptocurrencies are creating conspiracies that gold is out of favour. He looks at the price to see if it is profitable to run a business, at this level it looks fine.

Government ownership of TransMountain Pipeline. As an investor, he sees the issue as a regulatory issue and sees no room for government ownership. He thinks it highlights how the government has no idea how investment decisions are made in the market. He thinks it is crazy and is afraid it may chase money away from our country. He could accuse the government of forcing the project to drop in value and then buying it at the bottom -- hinting at securities fraud.

He thinks the resource space is being completely ignored. Their production growth has been amazing. A fantastic company. He wants to own this one if they would own 2-3 companies, but has selected Cenovus instead. He only has one bullet for this space.

He thinks their assets in the US are minimal. The parent company thought this was too expensive to roll into its portfolio in conversations he had with management recently. This is a real rat’s nest of complexity and he would prefer to not own it.

It seems too expensive today – he would have preferred to own it at $25. From a risk-reward perspective he would look elsewhere. He owns Cameco (CCO-T) instead as he prefers companies out of favour.

This company makes recycling products. Online purchasing is leading to higher needs for cardboard and recycling. This is still a little expensive, but would buy it at lower levels.

As a non-engineer in Toronto, he thinks it has fallen from grace and should be fantastic to own. It was the first company they bought when commodity prices fell – they got stopped out. He does not know why it has not turned around – he likes the business and management. It may take a while for the company to get fixed, but the investors have moved away from this whole space.

It is a big company with better growth opportunities. Every time he compares to Inter Pipe, he can’t convince himself to move to Pembina. The fear of higher interest rates is hurting this sector as a whole.

He sees this as a great Canadian success story. He sees this as a cornerstone for his portfolio, but felt it had become too expensive. He bought BlackRock instead when it was cheap.

As a base metal company, he does not see anything compelling to drive them to the next level. He chose Cameco (CCO-T) instead.

He has owned this for a long time. Because of the better infrastructure layout, he prefers them over CP. He just doubled their position recently, cognizant of the issues with the new management changes. The infrastructure cannot be replicated, but it still has to be run well.

He loved how the company has done the transformational acquisition. They have taken on a lot of debt, but in a low interest rate environment. He did sell out thinking there was a 20% risk of real inflation and the company may not be able to sell assets to pay for the acquisition.

He thinks the resource space if very good value. Controversial now, but the cash flow is very stable if you are patient. Yield 6.6%. (Analysts’ price target is $52.85 )

He expects the heavy oil differential to have recovered in a year’s time. Yield %. (Analysts’ price target is $ )