Latest Stock Buy or Sell?
Make More Informed Decisions!

Today, Benj Gallander commented about whether NRT-N, BDI-T, SOX-T, SWY-T, BAC-N, LION-Q, ISIG-Q, NGD-T, SYPR-O, PGF-T, BBOX-O, ING-N, ORV-T, CHE.UN-T, CET-T, MFC-T, ZM-Q, GMP-T, EXE-T, QTRH-T are stocks to buy or sell.

COMMENT
Market Outlook He likes to buy on the contrarian side, when things look really out of favour and sell when everyone gets excited. He needs to be patient sometimes, but he is also willing to cut losses. He will hold for years, especially if he receives dividends to wait. He thinks investors are not patient enough and that leaves them vulnerable to noise in the market. Active funds have been found to have poorer results than passive funds and the fees can kill you over time.
Unknown
BUY
Quarterhill Inc

He owns this. They have expanded their patent litigation business. They are currently involved in a case against Apple. They won the first round for $145 million, but are on hold for the next stage. They have virtually no debt, but very lumpy earnings. It is still on his buy list. Yield 3.5%

electrical / electronic
HOLD
Extendicare Inc
He bought more in December. They do have some debt -- a little higher than he likes. The payout ratio is such that the dividend is stable, but won't grow. The demographics are in their favour within senior housing. He is happy to keep holding it. Yield 5.7%
other services
HOLD
Most of their capital market business is being acquired. He thinks there could be more to the deal. He also owns the preferred shares. He will continue to watch this and thinks a bidding war could emerge. He is happy to continue to hold it.
investment companies / funds
TRADE
He uses the technology for his personal use and the it does provide a very good platform. He is unsure of the financials. He would look into the alternatives and see what else might be worthwhile.
Technology
WAIT
Manulife Financial
He almost bought during the recession -- it would have been a great buy then. He would wait on the common stock today. He likes the preferred shares as he likes the income they provide -- with a yield of 5% or more.
insurance
COMMENT
Natural Gas picks? It is rare that he buys anything in the Dog Days of Summer. He like CET-T, but has been burned in the past. It does not have a big debt load, but it still needs to see more consistent earnings. Natural gas is definitely out of favour right now.
oil / gas field services
DON'T BUY
The market likes a high dividend, but he does not know how long they will maintain the dividend -- especially with this high debt level. Do not go close to this one. Yield 12.8%
chemicals
HOLD
Orvana Minerals
He owns it around these levels. They have mines in Bolivia and Spain and looking to acquire in Argentina. The property they just bought has costs of $500-$650 per ounce of gold. He is concerned about the revolving door on management. He does not know where gold prices are going to go. He will continue to hold it.
precious metals
BUY ON WEAKNESS
ING Groep NV
EU lower rates? He is not as bearish on Europe as others. The unemployment rate is low. ING-N seems a little expensive now to him, but it does make money every year. He would watch an look to buy it on weakness. If there is a recession next year, it would be a good time to pick it up. Analyst outlook is 13 Euros.
investment companies / funds
PAST TOP PICK
Black Box Corp.
(A Top Pick Jun 21/17, Down 54%) They were acquired at a lower price than his entry. A new CEO had come on, who had great past successes. He knew it had difficulties, but also high potential returns. The new CEO was not performing so he got out at a higher value.
0
PAST TOP PICK
Pengrowth Energy
(A Top Pick Jun 21/17, Down 42%) The company has still had issues with its debt -- albeit the debt is lower today. He didn't take into account that the revenues could also fall, while the debt was declining. He continues to hold as he personally has it in his RRSP. Very high risk today.
oil / gas
PAST TOP PICK
Sypris Solutions
(A Top Pick Jun 21/17, Down 48%) They make electronics and truck components. They have chronically under-delivered. At the same time they had very little debt and were cutting expenses. Now trading under $1, they may become delisted.
0
WATCH
New Gold Inc.
They are reworking a high-cost mine in Ontario. Gold prices have helped the share price lately. He is watching, but wonders if it will return to $9. He would wait to get more clarity on the risks involved.
precious metals
WAIT
Insignia Systems
This print media producer has a target price much higher than today. He thinks there could be some tax loss selling later this year. He has kicked the tires and watched if for 5 years and likes the financials. He would wait -- avoid buying in the Dog Days of Summer.
publishing / printing