Latest Stock Buy or Sell?
Make More Informed Decisions!

Today, Jonathen Wellum, B. Comm, B. Sc commented about whether MER-N, SC-T, X-T, SZ-T, MCD-N, VRX-T, ROC-T, TD-T, SWY-N, RY-T, FNMA-OTC, SLF-T, TRI-T, NTEL-T, PCA-T, NDN-T , BNS-T, CIX-T, AC-N, CRW.UN-T, PFE-N are stocks to buy or sell.

DON'T BUY
Pfizer Inc
The inclusion in the DOW is significant and we'll give it an upward bias. One of the best pharmaceutical companies in the world. There is competition and drug pipelines are a little tougher. A little expensive.
biotechnology / pharmaceutical
DON'T BUY
Cinram
Have done a tremendous job in a very tough market. Doesn't look at it as a long-term growth opportunity, so wouldn't fit in their scenario.
misc industrial products
TRADE
This is the kind of market that is very buoyant for companies like this. Very profitable.
investment companies / funds
BUY
CI Financial Corp
Very aggressive in building their business. Has also done a good job in organic growth. Expect they will continue to do acquisitions. Good dividend.
investment companies / funds
BUY
Bank of Nova Scotia
Have done a tremendous job. Have an attractive and growing international franchise. Dividend. Also good on the retail side.
banks
BUY
Nordion Inc
Has been disappointed with execution over the last few years. Feels they are aggressively redressing some of those concerns. Feels the stock is undervalued.
other services
WEAK BUY
Petro-Canada
A well-run company. If you feel oil prices are going up, may be a good stock to own.
integrated oils
DON'T BUY
Nortel AS
As a long-term buy and hold investor, they would have to be of value the business in 3/5 years. Has negative cash flow. Has eroded shareholder value.
Telecommunications
PAST TOP PICK
(A past top pick Feb 20/04. No change.) Still likes and feels it is undervalued. 70% of its revenue is the US which has hurt.
publishing / printing
TOP PICK
(A past top pick Feb 20/04. Up 4%.) Life-insurance side is growing nicely. Great exposure to wealth management. Like its geographic position encompassing the Far East.
insurance
PAST TOP PICK
Fannie Mae
(A past top pick Feb 20/04. Down 5%.) To own the stock, you have to be prepared for headline risks. Authorities in the US are looking up the regulations. Trading at 9 X earnings.
Financial Services
BUY
Royal Bank
Feels they are the best run Canadian bank. Have a large retail franchise. Good price. Nice dividend yield.
banks
DON'T BUY
Safeway Inc.
The key issue is competition with Wal-Mart. CEO has not done a great job in terms of management.
food stores
DON'T BUY
Questionable whether the equity will be worth anything when all is done. Very speculative.
Unknown
BUY
Toronto Dominion
Trading at the upper end the of the banks on a multiple basis. Refocusing and doing it well. A very conservative bank.
banks