TOP PICK
Nat Gas producer in the North West Alberta. 5.44% dividend yield. He likes it a lot and has a $5 target. (Analysts’ price target is $4.70)
TOP PICK
He has a $2.40 target. 9% dividend. 84% liquids. People should look at these kinds of names. Next year they could potentially raise the dividend. (Analysts’ price target is $1.78)
TOP PICK
The dividend is very rich. A big chunk of free cash flow comes from Europe. A decade ago the dividend got to 20%. He thinks it is a bargain here. The balance sheet is in good shape and management says they are supportive of the dividend. He has a $36 dollar target on it. (Analysts’ price target is $32.40)
COMMENT

All of Trump's trade rhetoric is negatively affecting world trade, as data shows. The US Fed has changed its tune from six months ago and have now made their first interest rate cut in many years. Expect more cuts and, with Trump tweeting, more volatility. In the next year or two he expects a significant change in the markets from tech, tech, tech. MSFT and Google have good cash flows, but other tech companies have no profits which scares him. All this reminds him of 1999, and he expects a serious rotation in the markets. That's why money managers are nervous--there are some overvalued companies out there. He's picking around beaten-ups stocks. You must be disciplined and not scared in this volatility.

HOLD
A great company, a tech stock, not retail, with great free cash flow. He likes it long-term, but wouldn't buy until a pullback. It's had a great run in the last five years. Hold it, though growth is slowing a little.
STRONG BUY
It's finally breaking out after going nowhere for a while. They're doing phase 3 trials now on their drug and should complete the results by December. That's why investors are pushing this stock up. He expects good results and be accretive. A $200 million company worth north of $1 billion. Caveat: biotech stocks are volatile.
DON'T BUY

Excellent up and coming Montreal tech company, generally in Shopify's space. Very well-run and growing at 50%, up 200% since the IPO. But: they aren't making money yet and the valuation is pricey. It's overpriced, but he feels this company is going places.

BUY

They're #2 in Canadian regional planes and growing solidly run by a solid team. They also service Air Canada. CHR has a stable cash flow so the near-7% dividend is safe. A good stock.

BUY
14% dividend safe? Yes, it's safe. The whole energy sector has been annihlated in the past year--so it's a fantastic opportunity to buy now. Investors have given up, so he's been buying energy stocks. Prices are low and so are valuations. Eventually, oil stocks will turn around.
DON'T BUY

It's cheap now and making good cash flow. However, it isn't growing. It missed out of the cloud computing business. They paid a lot for Red Hat, and integrating that will be interesting and no guarantee it'll work. IBM is on probation for him. He'd rather buy MSFT or Google.

DON'T BUY
Be careful here. He wouldn't touch it at these prices. No way. It's SO expensive. A great company. PE is around 700x. Only now are they turning profitable. Something like this can fall 50% if they miss earnings.
PAST TOP PICK
(A Top Pick Sep 05/18, Down 6%) Trades at 7x earnings. cash easily cover its dividend. it's a growth cyclical stock. The auto space is turning over, but he expects only a mild downturn. Over the next three years, MG will generate cash flow equal to a third of the company. Pays a 3% dividend. Still likes it.
PAST TOP PICK
(A Top Pick Sep 05/18, Up 53%) He had to stomach a lot of volatility to hang onto it. He took some losses initially. 18 months ago they went into a leasing venture with an American company that didn't work out. EFN was a favourite short on the market, bottoming around $3. But it's the #1 fleet manager in North America and Australia, a great business which generates a ton of free cash flow. New managers have turned EFN around, fixing the balance sheet.
PAST TOP PICK

(A Top Pick Sep 05/18, Down 5%) Has sold some of this. UPS is more resilient than FedEx. Long-term it's a great play on e-commerce--more stuff is getting delivered. It's a short-term trade now--global trade is a little off--but a long-term hold. It's the best company in this industry. Pays over a 3% dividend yield.

BUY
A blue chip oil stock, one of the biggest oil and gas services company, and they used a lot of high technology. But they've fallen victim to the entire depressed oil space. This is an opportunity now. He knows the oil sector very well, having worked as an engineer at Chevron for years; he prefers smaller-cap stocks for their leverage, but SLB will do well when oil stocks recover.