Latest Stock Buy or Sell?
Make More Informed Decisions!

Today, Chyanne Fickes commented about whether IMO-T, AGN-N, MSFT-Q, CMG-N, CCO-T, SLF-T, SU-T, DOW-N, POT-T, NXY-T, AMZN-Q, CFW-T, AAPL-Q, CASH, BAC-N, PBI-N, BB-T, PFE-N, QSR-T, CNQ-T, RY-T are stocks to buy or sell.

COMMENT

Markets: Thinks they are going to institute QE3. Would be surprised if they don’t. Heard number as high as 90% probability. Thinks it has been shown that QE1, 2 and operation twist didn’t issue returns. It will help the market but not the economy. There were some really good data that came out prior to their last minutes and then after. Housing data looks good. You should look at the defensive stocks; the high income stocks with great yields. People are buying income opportunities. If you saw better economic data you would see the income stocks not do as well or maybe even go down. You might want to start getting into the higher beta stocks now.

Unknown
BUY
Royal Bank

Will probably have a good quarter. Most are treading water. TD looks good. Most if not all will be increasing their dividends. Doesn’t expect RY to be a blockbuster from here – just the dividend increase. Aug 30 numbers come out and div increase could be announced then.

banks
COMMENT

Drillers: have suffered with the downturn in energy. They have not done well. Some had weather problems; US situation is not as good as in Canada. You have to be sure of which company you are buying. They are generally looking good in this environment. Trican and Calfrack look good.

Unknown
BUY

Has under-performed all year. It has not done as well as the others so there is catch up. They are not fully integrated so doesn’t benefit from the downstream. Brent vs. WTI impacts them negatively.

oil / gas
DON'T BUY

Not one of her favorites. It seems to have broken down a bit technically. Fundamentally the company seems to be hurting badly from McDonald’s, who have been extremely promotionally. Has PE multiple so if it misses on earnings it will really get whacked. Input costs are really going to be horrific and you are going to see price increases. Customers are not willing to take price increases in these companies (the whole space).

food services
BUY
Pfizer Inc

Likes it. Slow and steady growth. Lots of cash and would benefit from an acquisition. Have proven themselves very good at execution. They lost Lipitor earlier in the year and managed to hold on to quite a good market share. It is inexpensive, as are all of those in the space. Big cash balance. 3.2% dividend.

biotechnology / pharmaceutical
HOLD
BlackBerry

They are starting to go through their cash. Biggest worry for analysts is that they will run out before someone comes in and does something. There is not a price she would be comfortable in buying the stock at. It is a very speculative situation. She has one from 5-6 years ago and it is indestructible. She would have to wait for the keyboard version of the next model personally. She is therefore worried about the sales of the new product. RIM has a lot going for it and some day there will be some kind of corporate activity. Wait until Nov/Dec if you want to buy.

electrical / electronic
DON'T BUY
Pitney Bowes

Nice dividend. Payout ratio is low. When you look at their suite of products, this is a dying business. This stock is cheap for a reason. Products are all centered around snail mail. 11% yield is a real red flag. Doesn’t know if they will survive.

electrical / electronic
DON'T BUY
Bank of America

Prospects are quite good. Replaced much of board yesterday, which was a good thing. We have excellent banks in Canada so there is no reason to go bottom fishing in the US. There are too many disruptive practices coming into the big banks in the US.

banks
PAST TOP PICK
CASH

(Top Pick Aug 22/11, Flat) She is down on cash since then.

0
PAST TOP PICK
Apple Inc

(Top Pick Aug 22/11,Up 87.45%) Trimmed because of size but it is still her biggest position. She has just over 6% and that is a pretty heavy weighting. People should be well diversified. She would be leery of putting a lot of money into it here but would put some in. Next quarter could be a little disappointing because the iPhone 5 doesn’t come out for this quarter.

electrical / electronic
PAST TOP PICK

(Top Pick Aug 22/11, Down 13.57%) sold when commodity prices started to fall apart. She will be getting back in at some point. Thinks there will be a little more basing in here.

oil / gas field services
SELL
Amazon.com, Inc.

Outlook is good but it is an extremely over priced stock. High Multiple. Should be less than 1 for payout but is 4 times. If its growth rate and earnings come down, it could cut in half, literally. Reminds her of the tech bubble. The PE should be less than its growth rate.

specialty stores
DON'T BUY
Nexen Inc

Confident deal will get done. NXY has really under performed and has not had assets that have been managed very well. Went up markedly on the news of the joint venture. You will not see much out of it for the foreseeable future.

oil / gas
DON'T BUY
PotashCorp

Not a bad buy but not a lot of upside to this stock. Nitrogen producers seem to have a lot more potential but this one has not performed. You can put off potash on a field but not nitrogen. People are worried about the drought all over the world. Farmers may not have any money and opt out of potash except where crop insurance has paid out. AGU is her preferred play in this space.

integrated mines