He has owned this twice and they have traded it poorly both times, he says. It is a great resource company when the underlying commodity prices are doing well. Unfortunately copper is now at a 9 month low and coal could be being impacted by the trade concerns. Zinc is at a 52 week low, too. (Analysts’ price target is $32)

This is a semi-conductor stock that is usually too expensive to own, he thinks. He thinks its peak may have come and it is dangerously over-valued. He would avoid it here.

He has been underweight Canadian banks in favour of the US counterparts. TD has many assets in the US, but he has not been convinced this is the best way to access the US marketplace. If you want to own a Canadian company dealing in the US, this is a good bet.

He likes how the company has been expanding their wireless business. Their controlling interest in Corus Entertainment is creating major headwinds – who would look to buy it? In the long term, it will be a decent investment, but he sees better alternatives.

As long as the oil prices does well, so will this. He holds Suncor (SU-T), instead. They have some refining exposure, which has been great for the bottom line. He owns the preferred shares for clients, buying them during the last oil crisis. Be careful, however, holding commodity based preferred shares – things can go wrong when the commodity price tanks.

A regional airline which is 100% dependent on Air Canada (AC-T) for its business. He is a long term investor, but does not like airlines for this type of investment. With oil prices and wages going up, he really would stay away.

He owns two engineering companies – SNC Lavalin (SNC-T) and Stantec (STN-T). He keeps waiting for the actual infrastructure spending incentives from the Federal government to ignite these holdings. Aecon’s senior management does not impress him. He would prefer to hold the other alternatives.