Today, Christine Poole commented about whether MSFT-Q, CSH.UN-T, BNS-T, IPL-T, ENB-T, GIB.A-T, CNR-T, CP-T, NWL-N, DOL-T, PPL-T, MDLZ-Q, JNJ-N, NFI-T, EMR-N, BABA-N, INTC-Q, MEG-T, MFC-T, V-N, MA-N, WHR-N, GOOG-Q, BAM.A-T, NTR-T are stocks to buy or sell.
Been adding to it. BNS has underperformed its peers. Recently did an equity issue to fund acqusition in the global management side. So, its been taking a breather in its stock. Likes Canadian banks which have a good year in reporting. Overhangs were NAFTA and real estate where rising interest rates pressure mortgages. Banks have diversified businesses and are performing well; and are investing in technology. All are raising dividends.
Building a chemical facility that will come online in a few years. She took money out of pipelines and put it into electric utilities and renewable energies, because the future is good in this space.