Latest Stock Buy or Sell?
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Today, Brendan Caldwell commented about whether Y-T, JOV-T, ABX-T, EK-N, WMT-N, STN-T, TOG-T, BAM.A-T, BB-T, COS-T, TLM-T, NYX-N, GE-N, PWF-T, MFC-T, YRI-T, CNR-T, AGU-T, TECK.B-T, BMO-T, G-T, X-T, VT-T are stocks to buy or sell.

TOP PICK
Viterra Inc
Likes the food business. Will probably take a while to get it through $11 but as a way of playing the food business, it is one of the few and very well run companies that should do better.
agriculture
TOP PICK
TMX Group
(A Top Pick Feb 1/08. Down 34.1%.) Merger with the Montreal exchange was a good move. All the other exchanges in North America are getting hammered but this one is doing well.
other services
TOP PICK
Augusta Gold
Gold is the one commodity in this uncertain world that people are going to have demand for. The increase in the US$, of which gold is really just the flip side, is simply unsustainable.
precious metals
PAST TOP PICK
Bank of Montreal
(A Top Pick Feb 1/08. Down 49.1%.) Financials have had a difficult time and have not gotten any better.
banks
PAST TOP PICK
(A Top Pick Feb 1/08. Down 90.2%.) Doesn't like the sector and doesn't think there is a lot to drive this to get a whole lot better. Extremely speculative.
Mining
BUY
Agrium
Other than gold, food is the only other sector that he is bullish on. This is something that people just have to have.
chemicals
COMMENT
Canada's premier rail company. We are in a tough economic environment and rail is an economically sensitive sector. Performance going forward will be somewhat dependent a turnaround the overall economy. This has already been priced into the shares with the pullback it has had. If we stay at this level, the stock should do well.
Transportation
COMMENT
Yamana Gold Inc.
Apparently 4th quarter earnings report beat expectations by a wide margin. Thinks gold producers will continue to surprise to the upside.
precious metals
COMMENT
Manulife Financial
Have segregated funds, which they guaranteed the performance that you get all your money back after 10 years. Didn't do a lot in the way of hedging so their exposure to the market is considerable. However, if this market turns around, this company could be one of the best performing financials on the way up.
insurance
COMMENT
Holds Great West Life (GWO-T), which has less exposure to the market than Manufacturers Life (MFC-T). Also has the Investors Group (IGM-T). This is a way of investing in the market, leveraged to the market and if there is a turnaround this should do better than the market as a whole.
finance / leasing
COMMENT
General Electric
Chapter 11 would be the last option they would go for. They have a little ways to go. You would need to see the car companies completely wiped out. Their financial services is a millstone around their neck.
electrical / electronic
COMMENT
NYSE Group
Market share and margins are really the issue. The only businesses in the financial services that have done well are the exchanges. There are 40 different alternative trading platform systems in the US, which will be hurt even more than this. Has a global reach and involved in a wide product mix.
other services
DON'T BUY
Q: Should I borrow to invest in dividend-paying vehicles? A: Although he himself has done it in the past, it has never worked out and he has never seen it work out. Specifically, you are borrowing short to invest long.
Unknown
HOLD
Talisman Mining Ltd
One of the best energy companies in the country but he is not bullish on energy at this time. His one concern is that they always seem to get themselves into the worst PR jams.
oil / gas
DON'T BUY
Canadian Oil Sands
A bet on a company that is highly leveraged to the price of energy. At $40 a barrel, oil sands is hard pressed to make very much in the way of money. If you think oil is going to go back to $75 (which would take something extraordinary) you will get more bang for your buck because production cost is higher.
oil / gas