This Eastern Canada food distributor to restaurants has been a long term hold for him. It started as an income trust. However when they mis-manged some investments the stock was hurt in 2015. Now they are turning the ship around as new management is making things happen. There are not a lot of sellers anymore. They have a billion dollars in sales, but margins are tight. Yield 0%. (Analysts’ price target is $0.55)

He has been investing in this for almost three years now. They received Health Canada approval for a new brain stimulation medical device last fall. They are awaiting FDA approval in the US. It magnifies the result of physio-therapy for the brain and the technology is safe. It is a billion dollar business if it receives that approval. Higher risk, but could have amazing returns. It has no correlation to current market uncertainty -- its result is solely based on government approval. Yield 0%. (Analysts’ price target is $18.86)

A two-way radio on the cellular network. The product has been signed with Bell Mobility. He thinks they are close to signing something in the US with a major carrier. A higher risk, higher reward investment that has nothing to do with today's market uncertainty. Yield 0%. (Analysts’ price target is $0.85)

Got really hammered in the sell-off. It's likely trading at far below its book value. He doesn't think the US housing slowdown will be as long as others believe. Good value, though it's too speculative for him. Dividend is 4.5%. This got tossed out with the bathwater. Hold or add to it here.

There's no reason why this sold off, but all stocks sell in a correction. This is a consumer stock, and US consumers with many jobs and rising incomes are in a strong space. MCD will do well. Wage inflation hasn't hit yet, either.