They have a lot of cash and a great policy of returning 50% of cash flow to shareholders. It is a really robust balance sheet that can survive the test of time. He is neutral and is not putting money into tech right now. Watch it and when liquidity in the markets improved you would jump. He thinks there might be a kick to Canada on the current Huawei news story.

The gaming space is great but you have to have a real stomach for it. They used to be known for one hit wonders. The gaming in-buys business kind of flattened out the model because it was a recurring revenue model. It is 22 times earnings. It will probably take some time. They have a good pipeline and a good model but this one will take some torque. Wait for the right time. This is a more stable story now.

They are just so consistent. The health care sector is just so influenced by politics. But these guys reduce costs for governments. This stock has been spectacular. They have scale and a phenomenal management team that returns capital to shareholders. He would not buy more at this time.

You should expect them to boost reserves from the fallout of the Malaysian issue. It is at the lower end of the trading range but you want to see the smoke clear. He would wait on this one until you see the resumption of the trend.

Dollar store names came to the forefront in the financial crisis. Americans shifted their budgets to an experience that was better than they expected. Wal-mart suffered from this. On a unit basis you are paying more for what you get from these stores. It is growing but okay and they are fixing parts of it. It is 20 times so a little rich. He is sitting this one out.

The S&P 500. He has never heard of a triple bottom. You can't hang your hat on it. It is based on statistics. A triple bottom has high odds of not holding. It is a fantastic way to gain exposure but no matter how they structure it, you are still buying the S&P 500.

He has always struggled with this one because it has struggled for so long. You have to pay attention to distributors. They are looking better. They are in the midst of a turnaround. You want to see it hang in, in the face of a tough market.