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| Don Lato of Goodreid Investment Counsel |
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| TOP PICK | Apple | AAPL-Q | 195.116 | If you strip out the $43 in cash, it is actually trading at 13X Sept/2011 earnings. Arguably one of the cheapest stocks on the board. Dominant in their space. | 2010-02-10 | ||
| TOP PICK | Air Methods Corp | AIRM-Q | 27.640 | Largest provider of air ambulance services in the US. Grown the business for many years and sees continued growth in the future. Think the stock has been held back because of health care reforms. Will earn $2.35 in 2009 and $2.65 in 2010 and over $3 in 2011. Trading at about 10X next year's earnings. | 2010-02-10 | ||
| TOP PICK | Toronto Dominion | TD-T | 64.430 | Canadian banks peaked out in the summer and have plateaued since then. Trading at about 12X this year's earnings. 3.9% yield. | 2010-02-10 | ||
| PAST TOP PICK | Shoppers Drug Mart Corp | SC-T | 42.870 | (A Top Pick Feb 11/09. Up 3% excluding dividends.) Performance has been disappointing over the last year. Company has continued to perform. Possible changes to the Ontario drug benefit are an overhanging cloud. Trading at 14X earnings. | 2010-02-10 | ||
| PAST TOP PICK | UnitedHealth Group Inc | UNH-N | 32.710 | (A Top Pick Feb 11/09. Up 15.5%.) Earnings have continued to come through but the cloud of US health care reform has hung over it. Trading around 10X this year's earnings and 9X next year's. | 2010-02-10 | ||
| PAST TOP PICK | Research In Motion | RIM-T | 71.500 | (A Top Pick Feb 11/09. Up 19.4%.) 13X next year's earnings. Great product and dominating the corporate smart phone market. Still a Buy. | 2010-02-10 | ||
| DON'T BUY | Deere & Co. | DE-N | 50.050 | This is more for a late cycle in agriculture. At 19.5X earnings is not keen on it right now. | 2010-02-10 | ||
| BUY | Cineplex Galaxy Income Fund | CGX.UN-T | 18.220 | Very nice yield at just under 8%. Expect they will maintain distributions that current levels after they had converted. | 2010-02-10 | ||
| BUY | Canadian Natural Rsrcs | CNQ-T | 69.100 | Probably his favourite oil/gas holding. Likes their diversity with their oil sands play as well as natural gas. One of the best managed companies in Canada. | 2010-02-10 | ||
| BUY | Manulife Financial | MFC-T | 19.500 | Trading at 10X earnings. Have bolstered the balance sheet and it is very sound financially. Almost 3% yield. | 2010-02-10 | ||
| BUY | Cisco | CSCO-Q | 23.760 | Reported some great results last week. For the first time in probably 2 years raised their outlook but the market shrugged off the results and improved guidance. Very reasonably priced. Recent acquisitions will increase earnings this year. | 2010-02-10 | ||
| DON'T BUY | Microsoft | MSFT-Q | 27.990 | Not a huge fan of this stock. Looks very cheap on the surface creating at around 14X earnings and stripping out the cash you get it down to a round 12 or 13 times earnings. Feel the company is being attacked on all fronts and hasn't responded as well as he would like. | 2010-02-10 | ||
| HOLD | Chartwell Seniors housing | CSH.UN-T | 7.370 | Has moved up nicely off the bottom from a year ago. Had a couple of distribution cuts so is now down around 7%. Getting to be fairly fully priced. | 2010-02-10 | ||
| BUY | Agrium | AGU-T | 66.730 | Just came out with great earnings, well above expectations. Also improved guidance for the balance of the year. Reasonable value at 15X this year's earnings and 12X next. Just popped above the 50 day moving average so you may want to wait for it to confirm this move but still a good entry point. | 2010-02-10 | ||
| BUY | Bank of America | BAC-N | 14.670 | Thinks this will survive. Trading at 70% of book value. Trading at 7X next year's estimated earnings and you will make money over the next several years. | 2010-02-10 | ||
| DON'T BUY | CitiGroup | C-N | 3.200 | Prefers Bank of America (BAC-N), which has a lot less dilution. You'll probably make money on this one but with a lot more risk. | 2010-02-10 | ||
| BUY | Caterpillar | CAT-N | 53.150 | Great company and well diversified. A lot of penetration into the Asian market. Dominant supplier of heavy machinery in China and there is something like 250 subway routes that are going to be built over the next 5 years. | 2010-02-10 | ||
| HOLD | Suncor Energy Inc | SU-T | 31.250 | Has had a difficult time in the last couple of weeks. Disappointing earnings results as well is having fire at one of their refineries. Merger with Petrocan seems to be fraught with lack of attention on the core business. Their oil sands property is still a great asset. | 2010-02-10 | ||
| BUY | Exxon Mobil | XOM-N | 64.850 | Exxon Mobile (XOM-N) or Chevron (CVX-N)? Favourably disposed to either but would probably favour this one currently. Exxon recently acquired a natural gas company XTO. Expects differential between oil and natural gas to decrease. | 2010-02-10 | ||
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| BUY | Chevron Texaco | CVX-N | 70.750 | Exxon Mobile (XOM-N) or Chevron (CVX-N)? Favourably disposed to either but would probably favour Exxon currently. Exxon recently acquired a natural gas company XTO. Expects differential between oil and natural gas to decrease. | 2010-02-10 | ||
| Comment | Potash Corp of Saskatchewan | POT-T | 112.380 | Will be driven by the commodity price. Prefers Agrium (AGU-T) because of their diversity. | 2010-02-10 | ||
| BUY | Canadian Imperial Bank of Commerce | CM-T | 63.640 | Banks peaked out in August/September and has been trending down and plateauing over the last several weeks. This is a great entry point especially in this low interest rate environment where they are making a very good spread. | 2010-02-10 | ||
| Comment | Yellow Pages Income Fund | YLO.UN-T | 5.180 | There will be a circular sent out sometime towards the end of March proposing a date for the meeting regarding conversion to a corporation. Street has mixed reactions as to whether distributions will be cut and by how much. Even so, you could still end up with a 12%-13% yield. Although business is not growing, it is stable. | 2010-02-10 | ||
| WEAK BUY | General Electric | GE-N | 15.690 | Trading at around 16X this year's earnings, which is getting towards the upper end of the recent range but still well below where the stock traded at 8 or 10 years ago. Not a bad entry point for a long-term investor. | 2010-02-10 | ||
| TOP PICK | Research In Motion | RIM-T | 67.820 | Very attractive at 13-14 times Feb/11 earnings. Investors are concerned about the loss of market share and shrinkage of margins but there is a huge growing and expanding market. One of the 2 dominant players in the industry. | 2009-12-09 | ||
| TOP PICK | Pepsi | PEP-N | 61.800 | Looking for 10 to 13 times earnings growth. Trading at 15X earnings growth versus historical growth at 18-20. Global distribution. | 2009-12-09 | ||
| TOP PICK | NCI Inc | NCIT-Q | 25.010 | Information technology. Primary client is the US government, particularly the U.S. Army. Also involved in cyber security, which should be a growing facet of the business. Huge backlog. Trading at 15X earnings. | 2009-12-09 | ||
| PAST TOP PICK | Apple | AAPL-Q | 197.800 | (A Top Pick Dec 19/08. Up 120%.) Good management and innovation. Great broad spectrum of products. A hidden gem is the Apple App store. Still a Buy. | 2009-12-09 | ||
| PAST TOP PICK | Mastercard Inc. | MA-N | 242.940 | (A Top Pick Dec 19/08. Up 58.2% excluding dividends.) Multiple has gone up to 18 X earnings so it's approaching a level where he is starting to get cautious. | 2009-12-09 | ||
| PAST TOP PICK | New Flyer Industries Inc. | NFI.UN-T | 9.840 | (A Top Pick Dec 19/08. Up 23.6% excluding the $1.17 distributions.) Ran into some problems in the 2nd quarter but solve them in the 3rd. Have a backlog of about 4 years. You would of almost 12%. | 2009-12-09 | ||
| HOLD | Bank of Nova Scotia | BNS-T | 47.450 | Thinks all the Canadian banks are fairly valued. Just reported a decent quarter. All the banks are trading between 12 and 13 times this year's earnings, around 10 times next year's. Very solid shape. | 2009-12-09 | ||
| DON'T BUY | Capital One Financial Corp | COF-N | 38.610 | Would still avoid this one. Their earnings power has been greatly diminished. There has been a lot of dilution. Trading at about 20X next year's earnings. Still have consumer problems. He switched from this to MasterCard (MA-N). | 2009-12-09 | ||
| DON'T BUY | Precision Drilling Corp. | PD.UN-T | 7.020 | If there were an upturn in drilling, there would be a marked improvement in the price of this. That's a big if and when. It won't happen this winter. Have moved into some of the major shale plays in the US. | 2009-12-09 | ||
| BUY | Petrobank Energy and Resources | PBG-T | 49.600 | Owns PetroBakken (PBN-T), a subsidiary. Recently merged with TriStar (TOG-T) and spun out their Bakken field assets. | 2009-12-09 | ||
| BUY | PetroBakken Energy | PBN-T | 30.500 | Are going to diversify away from some of the oil assets and focusing on the Bakken gas play. | 2009-12-09 | ||
| DON'T BUY | CitiGroup | C-N | 3.860 | There are rumours out that they will be raising another huge whack of equity to pay off their 8% preferreds that they owe the US government. This will create dilution of anywhere from 10% to 20%. Too speculative. | 2009-12-09 | ||
| Comment | Barrick Gold | ABX-T | 43.520 | Not a huge fan of gold. Not sure if gold is a gold play or a US$ play. He doesn't see the demise of the US$ as others do. Some aspects of a bubble. OK as a hedge against inflation. | 2009-12-09 | ||
| BUY | Encana Corp | ECA-T | 29.660 | Pure natural gas play now. While we are in the doldrums of the natural gas market, this is an opportunity to acquire positions, as it will probably be the premier natural gas company in North America. | 2009-12-09 | ||
| HOLD | BCE Inc. | BCE-T | 28.480 | Has had a nice move over the last few months. Yield of about 5%. Doesn't see the share price moving up as it has recently. Good long-term holding. | 2009-12-09 | ||
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| Comment | Manulife Financial | MFC-T | 17.490 | Didn't like the issue of 2.5 billion of new shares. Overly conservative in raising money and diluting existing shareholders. Great exposure to Asia, which is the main thing that differentiates it from their peers. Given the earnings outlook it's a great buy but will be in the penalty box until they start spending some of that money. | 2009-12-09 | ||
| HOLD | Teck Resources Ltd. (B) | TCK.B-T | 36.450 | Stock is done extremely well off the bottom. Probably fully valued here until there are some clearer signs that the economy is going to get better. | 2009-12-09 | ||
| BUY | General Electric | GE-N | 15.660 | Still have some issues on the GE Capital side, which is expected to have flat earnings in 2010. Recently completed a deal with Comcast where they merged NBC Universal assets with Comcast cable assets. Great industrial and green assets. | 2009-12-09 | ||
| BUY | Student Transport of America Ltd. | STB-T | 4.360 | School buses. Very well run. Yield of about 12% is very sustainable. Have long-term contracts with a lot of the school boards both in Canada and the US. Not huge growth potential. | 2009-12-09 | ||
| WEAK BUY | Loblaw Companies Ltd | L-T | 32.680 | At this valuation it is starting to look a little interesting. Trading at about 13X next year's earnings. Has made some strides in refurbishing some of the stores and getting merchandising back into focus. | 2009-12-09 | ||
| BUY | Suncor Energy Inc | SU-T | 35.640 | This company will be very well positioned for growth over the next several years. Production that is going to come out of the oil sands through the years is going to be needed. | 2009-12-09 | ||
| BUY | Fairfax Financial | FFH-T | 375.960 | Trading below book value and is quite a bargain at these levels. Astute management. | 2009-12-09 | ||
| N/A | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Announcement on pay structure for those US banks that didn’t give the money back seems to be the cause of what happened in the market today. This is going to affect 7 companies so it won’t have a long lasting affect. Financial is an area he is underweight in. Technology has been running and is one of the sectors he is most overweight in. Doesn’t know if there is a correction on the horizon. Companies are going to have to earn their gains from here. | 2009-10-21 | ||
| HOLD | General Electric | GE-N | 15.530 | Likes it. Stock has come off it’s lows, but trading at a reasonable multiple. His lack of interest in the banks causes him to temper his interest in GE. Commercial real estate is a bit of a head wind in the face of GE. | 2009-10-21 | ||
| BUY | Crescent Point Energy Corp | CPG-T | 38.050 | Has been a very well managed trust. They have growing cash flow over the next couple of years. Take profits only if it has become over weighted. With the dividend they have a favorable view on it. | 2009-10-21 | ||
| WEAK BUY | IBM | IBM-N | 120.870 | Great company. Ludicrously cheap, but it only has 10 or 12% growth ahead of it. Agrees with their tendency toward software and services. | 2009-10-21 | ||
| DON'T BUY | Microsoft | MSFT-Q | 26.580 | Not a stock they have liked nor will like for the foreseeable future. Revenue from windows 7 will not change it. It’s lost its way through lack of innovation. | 2009-10-21 | ||
| BUY | BCE Inc. | BCE-T | 25.510 | With 6.3% yield it’s hard not to want to continue holding it. Higher yield on common stock than on their bonds. Probably modest growth and maybe in a year of two a dividend increase. | 2009-10-21 | ||
| DON'T BUY | Bank of America | BAC-N | 16.510 | Not huge fans of us financial companies. Shill thinks there are problems that are going to unfold. Their leverage ratios have had to come down dramatically. Severe dilution and being forced to raise equity at prices they never dreamed of. | 2009-10-21 | ||
| BUY | Manulife Financial | MFC-T | 21.800 | Recently cut their dividend to make it more inline with their cash flow and earnings power. Over time it is a very well managed company. Great exposure to the Asian market, stock trading at a decent yield and earnings multiple. Would look at buying it here. | 2009-10-21 | ||
| WEAK BUY | A T & T US | T-N | 20.350 | They are seeing a lot of convergence in the US and that will fare well for these type of companies. | 2009-10-21 | ||
| PAST TOP PICK | ATS Andlauer Income Fund | ATS.UN-T | 10.750 | (Top Pick Oct 8/08, 31%)Going to work with green energy program in Ontario on solar energy. Had its problems in the past but new management has been in for a couple of years. Buy on weakness. | 2009-10-21 | ||
| PAST TOP PICK | Agrium | AGU-T | 58.340 | (Top Pick Oct 8/08,Up 38%) making progress on acquisition of CF. He looks at it as icing on the cake. He likes the diversity and this will add to it. They will weather the storm on potash. | 2009-10-21 | ||
| PAST TOP PICK | Apple | AAPL-Q | 204.920 | (Top Pick Oct 8/08, Up 123%) Owned it since before the iPhone. It is cheaper now at $200 than when he bought it at $65. He had to trim it recently because it became too dominant. | 2009-10-21 | ||
| BUY | Bank of Montreal | BMO-T | 52.000 | Favorable toward all Canadian banks. Solid dividend, low PE multiple. Not his favorite/ TD and RY are his favorite. | 2009-10-21 | ||
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| BUY | Bank of Nova Scotia | BNS-T | 46.140 | You wont see a dividend rise until next October. | 2009-10-21 | ||
| DON'T BUY | Barrick Gold | ABX-T | 39.850 | We are in the gold buying season, but it is a well know fact and you have to look for less widely known facts. Is their best among the group but they would not run out and buy gold. Would rather be in stocks than gold. | 2009-10-21 | ||
| BUY | Research In Motion | RIM-T | 68.780 | It may not be up in 3 months but it is a great buy at these levels. It’s 12-14 times next year’s earnings. They are losing market share but the market is expanding faster than they are losing market share. | 2009-10-21 | ||
| HOLD | Loblaw Companies Ltd | L-T | 30.800 | Has not been a particularly great stock over the last couple of years and there are better places to be in the Canadian retail side. | 2009-10-21 | ||
| BUY | Yellow Pages Income Fund | YLO.UN-T | 5.590 | Dividend is sustainable. Company has vowed they can maintain the distribution as a dividend. It’s got a long road to go to get back to $10. They are having to migrate to an online format and they are slow at doing that. | 2009-10-21 | ||
| HOLD | Sunlife Financial | SLF-T | 30.350 | Life insurance companies are very, very sound. They are more conservative than MFC. They don’t have the same kind of growth profile but he would not be too concerned about holding it. You could see a trend up in the new year. | 2009-10-21 | ||
| DON'T BUY | Pepsi | PEP-N | 61.840 | A little expensive here. A great company. Only growing at 8-10% a year. Got bid up when people looked for safe places to hide. | 2009-10-21 | ||
| TOP PICK | Apple | AAPL-Q | 204.920 | Cheap now as in the past 3 years they have owned it. They have $37 of cash on the balance sheet. You have to be looking at the non-gaap earnings. The $1.82 they reported would have been $3.14 on a regular accounting basis. The new tablet computer is a drive fro growth but the MAC has grown only 9% and there’s lots of room there. Great new products on the MAC side. One hidden gem is the Apple iStore. | 2009-10-21 | ||
| TOP PICK | Cisco | CSCO-Q | 23.960 | Still well below its high. In the last 3 weeks they announced two deals worth $6 Million. John Chambers must be seeing an outlook that is a whole lot better. | 2009-10-21 | ||
| TOP PICK | Shoppers Drug Mart Corp | SC-T | 43.850 | Continually produced great results quarter after quarter. They are in discussion with e ODB in Ontario but he thinks that is way overblown. It’s a great opportunity to buy probably Canada’s best retailer at 13 times next year’s earnings. | 2009-10-21 | ||
| WAIT | Opti Canada Inc. | OPC-T | 2.570 | Had production problems. Appear to have made some progress, but along the way had to an equity issue at a very distressed pricing level. It’ll be a crucial 6 months. Speculative buy, or wait. | 2009-10-21 | ||
| BUY | Suncor Energy Inc | SU-T | 39.680 | (Market Call Minute) Likes the long term outlook for oil prices and they have great and growing production. | 2009-10-21 | ||
| BUY | Fairfax Financial | FFH-T | 373.790 | (Market Call Minute) Only 1.3 times book value which has gone up dramatically over the last year | 2009-10-21 | ||
| BUY | Royal Bank | RY-T | 56.110 | (Market Call Minute) One of his two favourite banks stocks. | 2009-10-21 | ||
| HOLD | Great West Lifeco | GWO-T | 25.190 | (Market Call Minute) Prefers MFC | 2009-10-21 | ||
| SELL | Proctor & Gamble | PG-N | 57.490 | (Market Call Minute) Too high a multiple for the earnings that are there. | 2009-10-21 | ||
| BUY on WEAKNESS | Cisco | CSCO-Q | 22.170 | Just reported and revenues where in line. Had been helped by a lower tax rate. Forecast 10%-17% lower revenues in the 1st quarter of 2010. Fairly valued here. Has a lot of cash and is a great company. | 2009-08-05 | ||
| HOLD | TriStar Oil & Gas | TOG-T | 14.110 | Acquiring Petrobank Energy (PBG-T) conventional oil assets. Petrobank will roll out a new company called Petrobakken Energy. Stock went up 22%-23% on the news. Will probably turn out to be about $3.75 in cash and about .4 of a share of the new company. | 2009-08-05 | ||
| PARTIAL BUY | Agrium | AGU-T | 52.170 | Earnings were very good and beat consensus by quite a bit. Likes the stock as a core holding. If you don't own, establish a small position at these levels in case it doesn't come back and buy more if it does. | 2009-08-05 | ||
| BUY | Royal Bank | RY-T | 51.850 | Banks have had a good run. He views them as core holdings and wouldn't be afraid to own them here. Trading at reasonable multiples. There are signs of slowly but surely improvement in the economy. Solid yield. | 2009-08-05 | ||
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| BUY | Shoppers Drug Mart Corp | SC-T | 43.990 | Numbers were terrific. Another solid quarter and continuing their 15% year-over-year growth, quarter after quarter. Conference call talked about pending changes by the Ontario government in their drug formula and what they are willing to pay on prescriptions. This has worried investors and it was oversold. | 2009-08-05 | ||
| BUY | Research In Motion | RIM-T | 85.990 | Has produced very nice earnings. Stock was a little up today on the announcement of their Storm that is going to be sold by Wal-Mart (WMT-N) at $48. Broadening their target market. Very cheap. | 2009-08-05 | ||
| DON'T BUY | Intel | INTC-Q | 18.860 | Great company. Not trading at an excessive valuation but not one of the tech stocks that he would own. Not enough of a catalyst out on the horizon. Basically driven by the end user market. | 2009-08-05 | ||
| DON'T BUY | Microsoft | MSFT-Q | 23.810 | Great company but not enough of a catalyst to move the stock. Still struggling to find its way and getting left further and further behind. | 2009-08-05 | ||
| TOP PICK | Apple | AAPL-Q | 165.110 | Cheapest stock in his portfolio right now. He can make an argument that it is trading at 12 to 13 times earnings next year based on the $30 a share in cash and their understated earnings. Continually coming up with innovative products. | 2009-08-05 | ||
| TOP PICK | Synaptics Inc | SYNA-Q | 25.150 | Manufacture chips for touch screens both in the Notebook and Netbook area but also, more importantly, in the Smart phone area. Just announced earnings and beat guidance, reported a very solid quarter but were quite cautious on next year's outlook. Stocks sold off, which is an opportunity. | 2009-08-05 | ||
| TOP PICK | Toronto Dominion | TD-T | 65.490 | Good, solid core holding. Probably the best managed bank in Canada. Solid earnings. Multiples are creeping up but earnings are going to start to grow again, probably next year. | 2009-08-05 | ||
| HOLD | General Electric | GE-N | 13.990 | Earnings are starting to come back but still below where they where a year or so ago but still up significantly from where they where 50 or 6 years ago when the stock was a lot higher. | 2009-08-05 | ||
| DON'T BUY | Talisman Energy | TLM-T | 16.620 | Struggled to prove itself to the public through a change in management. Hasn't hit any huge successes. He would prefer to have his oil money elsewhere. | 2009-08-05 | ||
| DON'T BUY | Palm Inc. | PALM-Q | 11.990 | Has had a great rebound. A little too speculative for him. | 2009-06-10 | ||
| HOLD | Research In Motion | RIM-T | 92.500 | In very good shape. Smart phone market is going to continue to grow and will continue to be dominated by Research in Motion (RIM-T) and Apple (AAPL-Q). Both are still trading at pretty reasonable multiples. | 2009-06-10 | ||
| HOLD | Apple | AAPL-Q | 140.250 | In very good shape. Smart phone market is going to continue to grow and will continue to be dominated by Research in Motion (RIM-T) and Apple (AAPL-Q). Both are still trading at pretty reasonable multiples. | 2009-06-10 | ||
| BUY | Agrium | AGU-T | 54.400 | Have gotten into a fray with CF Industries (CF-N) and Terra Industries (TRA-N). Continues to like the business overall. If they are able to add CF to the mix, that would be positive. | 2009-06-10 | ||
| HOLD | Caterpillar | CAT-N | 37.620 | This is a play on a recovery and we are starting to see some signs of that. Global operator with a very large presence in China, which will probably lead the global recovery. | 2009-06-10 | ||
| HOLD | Canadian Imperial Bank of Commerce | CM-T | 54.800 | A little disappointed with their last earnings release so he is having a good hard look at the position. Reasonable multiple and reasonable yield. Would prefer Toronto Dominion (TD-T). | 2009-06-10 | ||
| Comment | Manulife Financial | MFC-T | 24.140 | Will go the way of the market. Primary driver in some of the write-ups is that they had to take huge reserves and raise a lot of capital to fund the reserves on the unhedged portion of their segregated insurance policies. | 2009-06-10 | ||
| Comment | Suncor Energy Inc | SU-T | 39.010 | The deal with PetroCan (PCA-T) is very positive. Allows them to have access to Petrocan cash flow, which they can deploy into their oil sands project. | 2009-06-10 | ||
| BUY | Inter Pipeline Fund | IPL.UN-T | 8.800 | Very stable yield just under the 10% level. Have raised the money to fund Imperial Oil’s (IMO-T) Kearl project. Sees good growth ahead once a project kicks in and will possibly have enough cash flow to continue distributions after converting to a corporation. | 2009-06-10 | ||
| BUY | Shoppers Drug Mart Corp | SC-T | 46.370 | Didn't come down as hard as a lot of stocks, which probably speaks to its more defensive nature. Great retailer and has great growth. Trading at 15X earnings. | 2009-06-10 | ||
| TOP PICK | priceline.com Inc. | PCLN-Q | 115.810 | Online travel. Great company and still well below the highs of a year ago. Continues to grow and hasn't disappointed on earnings even through this economic slowdown. Trades at about 16X earnings. | 2009-06-10 | ||
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| TOP PICK | Thomson Reuters Corp | TRI-T | 34.560 | Market thought they would be hurt by the slowdown in the financial services. Hasn't been a plus for them but the medical and legal divisions have continued to grow. Financial products have become more sophisticated. Cash flows from all the synergies on the merger are starting to show up but won't have their full impact until late 2010, early 2011. | 2009-06-10 |
