WEAK BUY
Sell with Trump in town?

Whether to sell depends on whether it's in a non-registered account, are you going to be paying tax, and how big is your position. 

Pays a nice dividend, boosted by 12%. Beat on Q3. Higher production, lower cost. Great assets and operators. 8% shareholder returns. Cheaper than it ought to be, with good production and cashflow growth. Good balance sheet. If you want an oil and gas name, this is one to really consider. But he's not keen on oil here.

COMMENT
Likelihood of dividend cut?

He's not a betting man, but if he were he'd say yes.

We all know the bad story, but what's the good story? Great assets. Can immunize the balance sheet by raising equity. Could sell assets and perhaps rent some instead, stop the DRIP, cut the dividend. If dividend cut in half, stock may drop another 10%, but thinks many would step in to buy. Yield is 11.25%.

BUY
Positively impacted by US tariffs.

Sounds counterintuitive, but WFG and trees are going to be beneficiaries. US still needs them, just going to pay higher prices.

GRT.UN is a good name. PKI works well here. Materials sector, with a name like NTR. 

There's even a part of the TSX that does well with a falling CAD, as earnings get amplified.

BUY
Positively impacted by US tariffs.

Sounds counterintuitive, but WFG and trees are going to be beneficiaries. US still needs them, just going to pay higher prices.

GRT.UN is a good name. PKI works well here. Materials sector, with a name like NTR. 

There's even a part of the TSX that does well with a falling CAD, as earnings get amplified.

BUY
Positively impacted by US tariffs.

Sounds counterintuitive, but WFG and trees are going to be beneficiaries. US still needs them, just going to pay higher prices.

GRT.UN is a good name. PKI works well here. Materials sector, with a name like NTR. 

There's even a part of the TSX that does well with a falling CAD, as earnings get amplified.

BUY
Positively impacted by US tariffs.

Sounds counterintuitive, but WFG and trees are going to be beneficiaries. US still needs them, just going to pay higher prices.

GRT.UN is a good name. PKI works well here. Materials sector, with a name like NTR. 

There's even a part of the TSX that does well with a falling CAD, as earnings get amplified.

DON'T BUY
Negative impact from US tariffs.

The names on this list are plenty. Start with the industrials, for instance. He's a big fan of BBD.B, but they make everything here in Canada.

An aerospace name like CAE, the rails, auto components like LNR and MG.

DON'T BUY
Negative impact from US tariffs.

The names on this list are plenty. Start with the industrials, for instance. He's a big fan of BBD.B, but they make everything here in Canada.

An aerospace name like CAE, the rails, auto components like LNR and MG.

DON'T BUY
Negative impact from US tariffs.

The names on this list are plenty. Start with the industrials, for instance. He's a big fan of BBD.B, but they make everything here in Canada.

An aerospace name like CAE, the rails, auto components like LNR and MG.

DON'T BUY
Negative impact from US tariffs.

The names on this list are plenty. Start with the industrials, for instance. He's a big fan of BBD.B, but they make everything here in Canada.

An aerospace name like CAE, the rails, auto components like LNR and MG.

DON'T BUY
Negative impact from US tariffs.

The names on this list are plenty. Start with the industrials, for instance. He's a big fan of BBD.B, but they make everything here in Canada.

An aerospace name like CAE, the rails, auto components like LNR and MG.

WAIT

Quality company. M&A is really part of the thesis for global growth and expansion. Quite expensive on price to book. He never knows when to buy it unless it gets super-cheap. Market's wondering how it will grow. Confident in management.

HOLD

Stunning appreciation over 10 years. CP is the better choice, cheaper on price to growth. Potential tariff headwinds right now. Trades ~19x 2025, yet only growing at 10.7%. Not for new $$. If you already own, keep, will be fine over time. Sell calls to cash in on higher stock price.

BUY

Cheaper on price to growth than CNR. 

BUY

Likes it. Bit of a Rodney Dangerfield "no respect" complex. Concern that others will eat its AI lunch. Bit pricey at 18.5x for 11.4% EPS growth. Need to own a name like this in the tech space when price reaches these levels. Beat on Q3, guidance for Q4 a bit shy. Earnings are coming up pretty soon. Firefly generative AI showing momentum. 

He'd face the fear and buy at these levels.