A printing company that's grown by acquiring. But printing is cyclical and a declining industry, and TCL won't perform well in the coming downturn. TCL has good managers, though. They've missed their numbers in recent quarters.

It's part of a duopoly in Canada, but new players will likely enter this industry, so he wouldn't buy it. Dividend of 6.9% which should be safe.

It's cheap now. A past pick of his. Likes embedded antennas, which will benefit from the 5G build up in the next three years. Revenues will rise in the next 4 quarters.

It's a royalty to 18 junior hold projects, so you avoid the risk of owning a single company. It's defensive.

18-24 months ago they stumbled with a restaurant royalty, but are doing well with a new royalty concerning a muffler business at Walmart. But this will be cyclical in a downturn. The dividend is safe now.

A good company with decent growth, but a secondary offering recently didn't do well, and this stock is extremely expensive.

They received an unsolicited bid for the company, maybe around $30. A new plastics plants is suppoed to add to NAV, but this is cyclical. A speculative stock right now.