PAST TOP PICK

(Past Top Pick, August 24, 2017, Up 39%) A demographic play even though U.S. starts are slower than expected. But they should pick up. He expects Millennials to use Home Depot in the coming decade as they buy homes.

COMMENT

He owns it personally. The WGL acqusition has been approved. High yield of 10%, but it carries a lot of debt on the acqusition side, so he didn't buy it for his client portfolios. This will probably move up from the current $28.

BUY

BAC vs Citibank: He feels BAC will go much higher. He likes it for its Merill Lynch investment banking and portfolio management side. There's nothing wrong with Citibank and it too will do better. He would add to his BAC position. He think U.S. banks in general will have another run.

BUY

BAC vs Citigroup: He feels BAC will go much higher. He likes it for its Merill Lynch investment banking and portfolio management side. There's nothing wrong with Citi and it too will do better. He would add to his BAC position. He thinks U.S. banks in general will have another run.

SELL ON STRENGTH

He's disappointed because it's stalled out, because all Canadian financials have, including the banks which haven't reached new highs since January. But he thinks they will all do better. Hold for now and sell on the highs in the next rally.

DON'T BUY

He owns no airlines, because there's competition moving in and oil prices are rising.

BUY ON WEAKNESS

All the Brookfield stocks are well-run. Safe dividends. Buy them on weakness. They could even raise their yields.

DON'T BUY

It's been a home run, but growth looks like it's slowing down. There are a lot of stores already. He owns nothing in this sector.

BUY ON WEAKNESS

He owns WSP instead. The infrastcuture sector is okay, nothing wrong. Buy on weakness any of these stocks. Commodities will come back and infrastructure will rise along with them.

DON'T BUY

He owns this personally. It's a portfolio manager, not insurance. They've stumbled a bit after buying some new assets. The Century deal is probably clearing. The yield is probably safe. But it's disappointed. It was $38 five years ago and been on a tobboggan run ever since.

BUY ON WEAKNESS

Long owned this and a past pick. It's fallen off recently because of tariffs against China. Great management. They sell a lot of toys integrated with hit TV shows. Smart. Managers own a lot of stock, too. Buy on weakness. Caveat: Trump's tariffs.

COMMENT

He believes in a future commodoties play and feels this stock will return to old highs. This is a trade, not a hold, because the sector is so cyclical.

DON'T BUY

Canadian telecoms: He owns nothing here. He doesn't believe in their growth rates, though feels these dividends are safe. He's looking for 10% growth + yield, and these don't pass the test.

PAST TOP PICK

(Past Top Pick, August 24, 2017, Up 118%) It's in industrial, not consumer tech--computer programmers use it to join the Cloud to their formats. There's still lots of potential here. He hasn't seen any negatives about TWLO. Short positions on this failed.

TOP PICK

He's been underweight energy for a long time. CJ just bought Devon Energy in the U.S., loading the balance sheet do do it. He's been averaging down on this stock and would still buy it. Buy this if you think oil will hold at current prices or rise. Pays a 7.6% dividend, which is safe. He sees lots of upside. (Analysts' price target: $6.73)