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Latest Stock Buy or Sell? Make More Informed Decisions!

Today, Norman Levine commented about whether WFG.TO, BCE.TO, STN.TO, PNR, ENB.TO, QSR.TO, CMMC.TO, ELY, FTS.TO, NTR.TO, RECP.TO, SNY, MET are stocks to buy or sell.

PAST TOP PICK

(A Top Pick May 1/17, Up 5%) It spun out Bright House. He continues to own both. They had to take a hit on benefits that people were not getting and should have.

PAST TOP PICK

(A Top Pick May 1/17, Down 12%) He is being patient with it as they buy companies that are patient with new drugs.

BUY

Same store sales suffered when people weren't going out to restaurants in western Canada. They made some interesting acquisitions in Quebec and Ontario. They most recently purchased The Keg. He likes the stock here.

COMMENT

Retired seniors. He has clients that are all equities. It depends on your circumstances. We have finished 35 years when it was always good in fixed income. Interest rates have bottomed. He is more interest in putting more into fixed income when interest rates have gone up.

WEAK BUY

The merger of AGU-T and POT-T. It is on his radar He thinks the valuation is pretty good. The outlook for the company is pretty good. He would not be surprised if he bought it at some point.

HOLD

It is a great company. It is a growth utility. Because they are interest sensitive and interest rates have moved up, they have come down. There is nothing wrong with the company.

RISKY

Everyone back then was saying golf was dead and dying. They brought in a new CEO that had turned the acquisition around. It has been built up so you are buying golf balls all the time. It has recently come off because of the snow outside. It will hurt their sales short term. It might be something worth buying because it will come off because of the summer.

BUY

Copper pricing seems to be Firming here. Commodities are starting to come off from a bottom here. It is 9 years into a bull market and into a recovery. If you are going to play it, this is probably a not bad place to be. Copper looks interesting here.

DON'T BUY

Tim Horton's, Popeye's, Burger King. A number of the Tim's franchisees have become quite vocal recently. Costs have gone up. There is bad blood. It is possible that they are too fixed on cutting costs and not on the customer. All of the packaged foods companies have been pressured recently. He prefers CARA-T.

TOP PICK

It is a Canadian Engineering company. Last year it bought a highly sought-after water company. He has had a number of holdings in the water industry. The acquisition inherited some cost overruns on the company and are slowly getting over them. They will slowly move on. They have raised their dividend every year. (Analysts’ target: $36.31).

TOP PICK

They have been hurt because they are interest sensitive. They were a market darling until they bought a US company to be more diversified. Their balance sheet got bloated. It got way overdone on the downside. All they did was bring down the expectations. He bought more this month. (Analysts’ target: $52.85).

TOP PICK

It is in the water and electrical business. In May they are breaking into two and he will own two. It has raised its dividend for over 40 years. (Analysts’ target: $73.75).

PAST TOP PICK

(A Top Pick May 1/17, Down 8%) The governments have talked about all the infrastructure spending but we are waiting for it all to come. We are talking about it being deployed.

N/A

Market. Tran mountain: What you've got is a premier that is in office with three green MPs that are keeping him in office. He is trying to protect his office. He does into care what is happening to the rest of the country. The head of the green party and his ego is bigger and he talks nonsense half the time. He is not open to anything and just says no. Norman's Levine's opinion is that: 'why not have a vote today and see if he gets re-elected'.

HOLD

5.7% yield. It is a utility like a pipeline. Their earnings and dividend continues to grow but they borrow a lot and their costs continue to go up. People are asking if they need to take the risks. When interest rates go up this type of stock goes up, but he continues to own it and suffer as well.

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