Rail stocks have been under pressure because they move the economy's goods and there is a slowdown in manufacturing. In the near term it looks like it could be soft. He thinks it is the best managed and best run railroad in North America.

It is his recommendation for a utility in a low rate environment. They operate in Nova Scotia, Florida, and some in New Mexico. It has been hitting new highs almost every day. They are benefiting from the search for yield by investors. It is not a bargain stock any longer. You have to be prepared to hold it for a while.

It is a family run company and one of the biggest industrial pump manufacturers in the world, but have treaded water and gone sideways. This partly because it is a small to medium cap stock and a good part of the their business services the oil and gas industry. The company is very well run and they show good growth prospects. The market may latch onto this stock in the trend from growth to value.

Pipelines. It is a 6.4% yield and is a safe dividend. Their problem is that some pipelines are sort-of in limbo. Environmentalists are trying to get a pipeline of theirs closed own. He thinks all of this will get resolved.

They still have the keystone XL issue but all else is going okay. Investors are drawn to this stock for the yield and growing dividend. It is not a cheap stock anymore. People are driving it up. It is all yield-driven.

Other than for short term traders, it should be avoided and always should have been.

Cannabis stocks are continuing to go down. They went up on hype and spiked around the time it became legal in Canada. They are having trouble getting their product out and displacing the black market. There is nothing to keep these stocks from going lower. There is tax loss selling coming.