Today, Robert McWhirter commented about whether CP-T, XBC-T, ARE-T, LG-X, ARX-T, ALA-T, BNS-T, L-T, MRU-T, ZMS-X, VET-T, PLI-T, EPIC-T, BTO-T, OSB-T, MRE-T, AVO-T, MFC-T, MDX-X, VQS-X, IPL-T, ENB-T, BYL-T, LTV-X, CHE.UN-T, CNQ-T are stocks to buy or sell.
ENB-T vs. IPL-T. He owned ENB-T for a while. The payout was 48%. Their earnings have picked up considerably. They are reasonably profitable. They will have -5% earnings growth next year. You are secure in the yield. IPL-T is higher than ENB-T at a sustainable 60% with earnings pulling back 7% next year. He thinks both will trade sideways for a while.
ENB-T vs. IPL-T. He owned ENB-T for a while. The payout was 48%. Their earnings have picked up considerably. They are reasonably profitable. They will have -5% earnings growth next year. You are secure in the yield. IPL-T is higher than ENB-T at a sustainable 60% with earnings pulling back 7% next year. He thinks both will trade sideways for a while.
They have a new President and CEO. They released a new web site. They replace needles for dental work with laser. On the innovative side, their Durham product gives totally secure examination of a mole with results in 72 hours. The long awaited approval of the devices in Mexico is expected soon. There are expected global partnerships. He thinks there are really good opportunities for them.
It is a reasonable size. It has a pretty big PE. It is not free cash flow positive. The big call is where you think the price of gold is going to go. The rising deficit of the US is significant, 5% of GDP. Overall gold at the moment will reflect concerns about inflation. The price has not driven producers. This stock is reasonably priced.
Market. There is more selloff to come. Rising interest rates, rising oil prices and China trade discussions and reduction in world GDP forecasts has concerned investors. It should finish by the end of the year. And he expects a bit of a bounce. You typically get the S&P going in for another 11 months after the yield curve inverts. He thinks there is an opportunity in Canadian banks. Oil is the only commodity doing well right now.