COMMENT

It is the only big bank she doesn't own. Canadian banks recently announced disappointing returns, especially BMO. It trades at a premium valuation to its peers, so there are premium expectations. Also its assets in the Mid-West are giving weak returns as well. She likes Royal and TD.

Unspecified

Private and public funds are going into the infrastructure space. The demand for electricity is going up and we will need more than just renewables to meet the demand. Nuclear energy is needed and the nuclear build is real. She owns Aecon for infrastructure which has a higher dividend yield and lots of nuclear exposure.

DON'T BUY

Discretionary spending is coming down and the whole restaurant business would turn down in a weaker economy. She likes trade down economics where consumers go to cheaper alternatives for the same product. For example if a coffee at Starbucks is too expensive then customers might choose a lower priced coffee at Tim Hortons..

TOP PICK

It is one of the better pipelines and has done pretty well this year with volume growth out of Western Canada. With there now being two large scale pipelines there are lots of opportunities in moving oil and gas to the west coast. With greater volumes there is less concern over the commodity prices.

TOP PICK

It has an 8 1/2 to 9% yield. Although not a growth company you could hold it forever. Its Capex in building fiber to homes should come down - after a few more years of higher Capex, debt can be reduced. It is a good defensive stock.

TOP PICK

There was a big announcement that Brookfield renewables had a deal with Microsoft to provide a large amount of power and Northland Power, unlike others in the sector, did not see a big rebound. It has some construction risks with three projects under development. However they are all on time and on budget. As they get built the stock should go up.

BUY

Shares fell after Apple announced AI news at their developers' conference. The news, wasn't enough to excite the street, though Apple will partner with Chat GPT, a company with deep ties to Microsoft. The CEO said this may be the first of many AI services to come. Today's announcement marked the introduction by Apple of gen AI for personal--not corporate--use. Own Apple, don't trade it.

HOLD
Quality control issues of their planes

Can't buy it, because Boeing is constantly in the cross-hairs of the government

DON'T BUY
Was cut from the S&P

It left in April, shares kept falling, not helped by reporting a bad quarter on May 22. It fell to a 52-week bottom, but has since recovered slightly.

DON'T BUY
Was kicked off the S&P

Left in April and shares have fallen straight down including a 6% one-day decline after reporting a weak quarter in early May.

DON'T BUY
Was kicked off the S&P in March

Has been hurt by consumers who won't buy big-ticket items, and by weak homebuilding stats

DON'T BUY
Was kicked off the S&P in March

It's actually outperformed the S&P in this time, but ZION was punished heavily in last year's regional bank meltdown, so shares have been gradually improving. The stock is neither great nor terrible.

WEAK BUY
It was just kicked off the S&P

Not bad. It positioned poorly for the Fed rate hikes last year, but will be fine if rates decline later this year. A decent bank.

WEAK BUY
It was just kicked off the S&P

It had many post-Covid troubles, but new management is fine, and last week shares jumped when they spun off their cancer-testing business.

WEAK BUY
It was just kicked off the S&P

Suffered from weak hiring trends in end markets like tech. But they have a good long-term track record.