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Today, Rick Stuchberry commented about whether ING-N, HD-N, BAC-N, TECK.B-T, SHOP-T, BBD.B-T, NA-T, TOY-T, KEY-T, C-N, CASH, ATD.B-T, TCEHY-OTC, RY-T, PPL-T, TRP-T, DOL-T, ALA-T, WSP-T, LLOY-LN, VET-T, BNS-T, MAXR-T, SAN-N, L-T are stocks to buy or sell.

COMMENT
The U.S. Midterms today: Whatever happens today, the markets will be happy because there will be certainty. If the sentiment swung dramatically to the Democrats, then there might be a market hiccup. The October sell-off has taken a lot of risk out of the market. The S&P has a great chance of hitting 3,000 again; it may not happen overnight, but it likely will. Seasonally, the next 4-5 months is the time when money strongly flows into the market (i.e. pension plans get a lot of money this time of year). We've already had the kind of move in interest rates, like 1982-87 (in 1987 the market crashed), where rates have risen from very low to higher. Now, we're having a correction (like the 1987 crash). However, the scenario now is much better than 1982-7.
Unknown
DON'T BUY
Loblaw Companies Ltd
Recommended it a few years, because he thought the Shoppers Drug Mart deal would be a catalyst. But he sold his shares last year. It's hard to turn around a big company, and this has been turning for a while. They haven't found the magic formula yet and the stock has been flat.
food stores
BUY
Banco Santander SA
He's long owned this. European banks are cheap like American ones in 2015-6 before they took off. SAN does 25% business in Brazil, and their recent election brings clarity. So, their economy is ready to go. SAN is a well-managed bank. The problem with Europe is getting their central bank to normalize the yield curve, and until then it'll be tough slogging.
banks
DON'T BUY
Maxar Technologies
He owned this earlier this year. The prospects looked okay, but then issues arose and he moved to the sidelines to wait.
computer software / processing
BUY
Bank of Nova Scotia
He likes the Canadian banks which have had a big pullback. Well-managed and pays a good yield. Now is an opportunity to buy and they should return 10% over the next year.
banks
COMMENT

Has long owned this, one of the few oils he has. Money isn't flowing into this sector, but leaving. Oil needs to find buyers. It's not a good sign when Canadian companies seek opportunities in the U.S. It says a lot about Alberta. Vermillion has 60% of its earnings outside Canada and fetches international prices. It's unfortunate, the state of Canadian oil.

oil / gas
WEAK BUY
Lloyds vs. ING Bank among European banks Loves and owns ING. Their capital ratios look great. The Dutch government fined them in the last quarter. All Euro banks in the past were bailed out by government, but ING has come back in gangbusters. He prefers ING to Lloyds. Lloyds still has the Brexit overhang. All European banks are now cheap (book value, PE). Now is a buying opportunity both stocks.
Financial Services
BUY
WSP Global Inc.
Has recommended this. A great company. They've absorbed some acquisitions well. They've corrected and their outlook is good.
INDUSTRIAL PRODUCTS
COMMENT
Altagas Ltd
Will there be more downward pressure? It's a toughie. They expanded in the U.S and bit off more than they could chew. They also changed top management. Financing didn't go well. It's a comedy of errors. When they announced the dividend cut--and they should. They will get a bottom in place. If ALA does another dilution (which he doesn't expect), that's a caveat. Now, it's very cheap. If you're patient, wait it out.
oil / gas
COMMENT
Dollarama Inc.
You can trade this. It's sheltered in the retail space which is in the low end now, meaning they should not be threatened by Amazon. Overall, the Canadian market isn't attracting international money flows. Until then, there will be a lot of drift among Canadian stocks.
Consumer Products
COMMENT
TC Energy
Look at Pembina first, which has growth and a good balance sheet, if you're buying a new position in pipelines (he's not in this space).
oil / gas pipelines
COMMENT
Look at Pembina first, which has growth and a good balance sheet, if you're buying a new position in pipelines (he's not in this space).
pipelines
PAST TOP PICK
Royal Bank
(A Top Pick Apr 23/18, Up 0%) All the Canadian banks have been sideways and we just saw a market correction. Still likes it and is adding to it. Nothing fundamentally wrong with this
banks
PAST TOP PICK

(A Top Pick Apr 23/18, Down 10%) It got creamed in the recent Chinese market take-down. Company fundamentals are good. A real growth company. Partially held back by Chinese regulators and caught in the US-China tariff war. He will add to his position, and will wait to see how things transpire. Owns this and Alibaba among Chinese stocks. Remember that each year, China adds the entire population of Canada to their middle class. Enormous growth.

0
PAST TOP PICK
(A Top Pick Apr 23/18, Up 20%) Still adding to it. A solid, well-run company. They keep tucking in acquisitions and they methodically pay down their debt. They're adding charging stations in some of their location, so they are forward-thinking.
food stores