- Page 1/2
- Next Page
N/A
Market. People need to look toward some kind of strength of track record of management and strength of balance sheet. Retail, hotel and airline industries are going to be very tough industries. The recovery is going to be a very rocky road and we are going to see a lot of bankruptcies along the way. It is going to be a touch environment for the next few years at least. The market is very short term in its orientation. FB-Q and GOOG-Q are facing regulatory headwinds at present. The carnage to the economy has yet to be tallied. The banks will survive.
DON'T BUY
There is a possibility the price will recover within five years. It is higher risk/reward to PPL-T, however. It needs more improvement in earnings quality for him to jump in.
oil
gas
BUY
Which company in the oils sands would he like to buy? All energy companies are going to have a poor year, this year. As the recovery takes hold, demand for energy should increase. SU-T would be one of the better places to be. It is well financed and has a good balance sheet. It is also quite diverse, covering up stream to down stream operations. It has the capability to pay a dividend throughout this crisis.
BUY
Which company in the oils sands would he like to buy? All energy companies are going to have a poor year, this year. As the recovery takes hold, demand for energy should increase. SU-T would be one of the better places to be. It is well financed and has a good balance sheet. It is also quite diverse, covering up stream to down stream operations. It has the capability to pay a dividend throughout this crisis.
integrated oils
BUY
Telephone companies are going to benefit from the stay-at-home phenomenon. People would not give up their cell phones but they might take a lower package. BCE-T is a fairly good place to be but they will have to do a lot of CAP-X for 5 G, although it will be a benefit in the long term.
telephone utilities
PAST TOP PICK
(A Top Pick Jun 17/19, Down 4%) It is one of his favourites in the group. It is the most miss-understood because they are involved in so many markets. They are well contracted and in a strong liquidity position. He would continue to hold it. He would be surprised to see a dividend cut.
oil
gas pipelines
HOLD
