![]() | STOCKCHASEWhat the experts are saying! |
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| Chris Kresic of Mackenzie Financial |
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| HOLD | A Comment -- General Comments From an Expert | A Commentary | 0.020 | BCE bonds maturing in 2014 are down 10%. If you are a long-term investor, they will mature and they will not default on them. The fundamentals of BCE are good. | 2007-07-25 | ||
| TOP PICK | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Canada Mortgage Backed Securities STST issued in 2003-CC1 maturing 1/12/13 at 5.33%. Yielding about .65 of 1% more than a government of Canada Bond. AAA rated. 45% is retail property. A good time to purchase. | 2007-07-25 | ||
| BUY | A Comment -- General Comments From an Expert | A Commentary | 0.020 | BCE Bonds. Would actually look at them right now. Fairly interesting. Likes the fundamentals of BCE for the bonds. Long bonds 2035 maturity are 3.5% over government of Canada Bond's. | 2007-07-25 | ||
| TOP PICK | A Comment -- General Comments From an Expert | A Commentary | 0.020 | GMAC maturing May 25/10 at 6%. The riskier of his 3 Top Picks. GMAC owns ResCap, which has exposure to the sub prime market. Taking a lot of hits and if you can get past this, there are a lot of positive things. | 2007-07-25 | ||
| BUY | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Government of Canada or province of Ontario bonds. He is currently looking at the shorter-term bonds. Right now there is an inverted yield curve, so 2 year Canada bonds are 4.7% and 30 years are 4.5%. More value in the 5 year and under from both Canada and Ontario bonds.. | 2007-07-25 | ||
| TOP PICK | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Government of Canada – Sept 2009 @ 4.25%. If things do deteriorate in the credit market, you'll be able to sell this. | 2007-07-25 | ||
| Comment | A Comment -- General Comments From an Expert | A Commentary | 0.020 | No stocks discussed. Only bonds, so nothing to report. | 2006-11-06 |