(A Top Pick Mar 20/17, Up 4%) His only energy stock. It is not a producer but is a royalty company. They missed on production guidance by 900 barrels and they lost 8-9% and it makes no sense to him. He likes it. It is a way to have oil exposure without capital risk. It is nice light oil. The balance sheet is impeccable.

It is an interesting turnaround. It will be really pressed to see the gains we have seen. But the management team has done what they said. They fixed the company and he is impressed. The numbers today were good. It seems to be a well run company. He is just not wild about the oil patch, however.

They have been struggling. It is a great franchise. Consolidation has been the story and this has been a great story since the early '90s. They are well run but we ran into problems with weather. We are not building a third rail line in Canada. The issue is valuation. They are trading at much higher multiples than they have. He is watching it. You could put it away for 20 years and not worry.

He likes it. It is a semblance of value in the tech space. The market was underwhelmed but it but now we are seeing some of the benefits of it. They keep tucking in acquisitions. It is a winner. It gives you some non-Canadian exposure. It could hit $60 in a couple of years.

He does not own any restaurant franchise companies. Dunkin donuts is having issue today. There is a disconnect between franchisors and franchisees.

The world has gone negative on it. There was a perfect storm last year. AMZN-Q was going to clobber them. A lot of bad news has been baked into this stock. They are at 65% payout ratio so it is safe. He is looking at it because they are down and dirty. Bad news will be over on a go forward basis, he thinks.

It has a nice yield. They needed capital when they fell. They got a loan from FFT-T. He likes the business model. They make good margins flying old BBD.B-T planes. He recently bought it in an income fund because it has such a good yield.