| PAST TOP PICK | | BAE Systems | BA-LN | 0.000 | (A Top Pick July 12/07. Up 18%.) (London exchange.) #1 defence contractor in the UK and #5 globally. Have a contract with the Saudis for some planes. | 2008-02-22 | |
| TOP PICK | | Gazprom | GAZP-RUS | 0.000 | (Russian exchange.) Largest natural gas company in the world. Russian government owns about 50%. Sells their gas through Europe. | 2008-02-22 | |
| TOP PICK | | Cheung Kong Holdings | 1-HK | 0.000 | Has a tremendous land bank in Hong Kong but are also going into mainland China. Has come off its high so there is good room to move. | 2008-02-22 | |
| TOP PICK | | China Mobile | 941-HK | 0.000 | Telecommunications. 371 million cell phone subscribers. Chinese government just approved the sale of blackberries about six months ago, which they sell. 6 to 7 million new subscribers per month. Has come off its high so there is good room to move. | 2008-02-22 | |
| PAST TOP PICK | | Compass Group | CPG-LN | 0.000 | (A Top Pick July 12/07. Down 4%.) (London exchange.) Food services. Do about $1 billion of sales in Canada. 3.3% yield. | 2008-02-22 | |
| PAST TOP PICK | | Flextronic International | FLEX-Q | 10.560 | (A Top Pick July 12/07. Down 6%.) Likes this one going forward. Still a Buy. | 2008-02-22 | |
| BUY on WEAKNESS | | ICICI Bank Ltd. | IBN-N | 53.870 | This is a great Indian bank. Were not as involved in a lot of the subprime issues as others. | 2008-02-22 | |
| BUY | | HSBC Holdings P L C | HBC-N | 75.230 | Great bank. Have over 10,000 offices globally. Integrated asset management. Own 10% of a Chinese bank, which he thinks will be a winner for them. Very strong position in Asia. 4.6% dividend should be safe. | 2008-02-22 | |
| Comment | | Royal Dutch Shell PLC (A) | RDS.A-N | 72.470 | Good reserve positions. Totally integrated in all sectors. Good solid dividends. | 2008-02-22 | |
| Comment | | Halliburton Co | HAL-N | 36.160 | Oil services is a good place to be, primarily because there are shortages of oil. | 2008-02-22 | |
| Comment | | Schlumberger Ltd. | SLB-N | 85.450 | Oil services is a good place to be, primarily because there are shortages of oil. | 2008-02-22 | |
| BUY | | Toyoto | TM-N | 110.730 | Likes this one a lot. From a revenue and production point of view is very large. Have command of about 35% of the US market. Has dropped because of softness in the US market, which would be a caution when buying. | 2008-02-22 | |
| Comment | | Ericsson LM Telephone | ERIC-Q | 21.640 | Consumer electronics and cell phone providers. Great company. Has suffered dramatically in the last little while. Missed on a couple of their earnings and guidance hasn't been that great. Still likes and he is looking at it for his portfolios. | 2008-02-22 | |
| BUY | | Macquarie Group | MQG-AU | 0.001 | (Australian exchange.) They have been great in making acquisitions. Investment banking, hydro projects, infrastructure, et cetera. A good bank to own. Buy for the long-term. | 2008-02-22 | |
| BUY | | Unilever NV | UN-N | 30.880 | Global food service company. Food companies are good to own from a defensive standpoint. Tend to be less volatile. Earnings are looking good. 4.78% dividend should be safe. | 2008-02-22 | |
| BUY | | Royal Bank of Scotland PLC | RBS-N | 7.640 | Full-service bank. Very content with the company. Price has been beaten up quite badly. As far as he can make out, they were not major participants in the sub prime loans. | 2008-02-22 | |
| TOP PICK | | Flextronic International | FLEX-Q | 11.130 | A Singapore company. They do design electronics as well as manufacturing. They are in a sweet spot as companies continue to outsource. | 2007-07-12 | |
| PAST TOP PICK | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | All 3 Top Picks of Dec 6/05 were not available on North American exchanges, so were not recorded. | 2007-07-12 | |
| TOP PICK | | BAE Systems | BA-LN | 0.001 | London exchange. Probably one of the most complete defence contractors in the world. Currently working on a Saudi contract upgrading their Air Force. Well-run. | 2007-07-12 | |
| TOP PICK | | Compass Group | CPG-LN | 0.001 | London exchange. World's largest foodservice company. Well-managed. | 2007-07-12 | |
| BUY | | Royal Bank of Scotland PLC | RBS-N | 0.001 | Has had a negative feel with many investors and he's not sure why. Recently announced they are joining a consortium to take over a Dutch bank. That would be a great fit for them. Well-run and it's totally integrated. | 2007-07-12 | |
| BUY | | China Mobile Hong Kong | CHL-N | 57.780 | Have 300 million subscribers. Subscription base is growing 5 to 6 million per month. Starting to look outside of China. Still lots of growth to go. Might be starting to get a little expensive. | 2007-07-12 | |
| BUY | | TelenorASA | TELN-Q | 55.820 | Norwegian telephone company. Likes this one very much. | 2007-07-12 | |
| Comment | | Glaxosmithkline PLC | GSK-N | 52.640 | Have had some difficulties so there has been a sell off. Great depth in their management team. Reasonable pipeline. | 2007-07-12 | |
| BUY | | Vodafone Group PLC | VOD-N | 33.460 | Good wireless. | 2007-07-12 | |
| BUY | | France Telecom | FTE-N | 28.860 | Telecom. They don't do much outside of France. Well-run. On a valuation basis, it is probably one of the cheaper European telecoms. Performance won't be dramatic, but he is very comfortable with the yields. | 2007-07-12 | |
| BUY | | HSBC Holdings P L C | HBC-N | 93.800 | Has languished quite a bit over the last little while. One of the finest banks in the world. Good integration. Growing in asset-management. | 2007-07-12 | |
| Comment | | Wal-Mart Stores Inc. | WMT-N | 48.830 | Continuing to go through a lot of expansion. Shutting down a lot of retail space in North America. Very well run organization. Doesn't expect you will see the same growth as there has been in the past. | 2007-07-12 | |
| Comment | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | The subject today includes many exchanges outside of North America and since this site deals only with North American exchanges, a lot of stocks discussed are not shown. The 3 Top Picks are on Asian exchanges. | 2005-12-06 | |
| BUY | | Glaxosmithkline PLC | GSK-N | 50.490 | The 2nd largest pharmaceutical supplier globally. They also have good health care as well. Have an excellent pipeline, good dividend and good management. | 2005-12-06 | |
| PAST TOP PICK | | Cadbury Schweppes | CSG-N | 39.090 | (A Top Pick July 25/05. Up 4.3%.) It's a good market. This company is moving more into the US. | 2005-12-06 | |
| BUY | | Repsol YPF , SA | REP-N | 30.110 | One of the cheaper oil companies out there right now. | 2005-12-06 | |
| BUY | | ING Groep NV | ING-N | 33.880 | A great company. The dividend yield has gone down because the price of a stock has moved up. Likes the capital gain move in the stock. | 2005-12-06 | |
| BUY | | ICICI Bank Ltd. | IBN-N | 27.000 | A good bank. Mainly based in India but are expanding out. | 2005-12-06 | |
| BUY | | Pfizer Inc | PFE-N | 21.140 | The largest pharmaceutical company in the world. Have a good pipeline of drugs. Well-managed. | 2005-12-06 | |
| BUY | | Total SA | TOT-N | 129.090 | A good integrated French oil company but prefers others. | 2005-12-06 | |
| Comment | | iShares Japan | EWJ-N | 12.920 | Prefers to be an active investor and buy individual stocks rather than buying a basket of stocks where some are good and some are bad. | 2005-12-06 | |
| TOP PICK | | Cadbury Schweppes | CSG-N | 37.890 | Liked their acquisitions of Adams. Stock has been a moonshot since and has done very, very well. Known as the high quality company in confectionaries. Well managed. Great distribution. Trading at 15 X forward earnings. | 2005-07-25 | |
| BUY | | ING Groep NV | ING-N | 29.850 | Very strong company. Good management. Looking out 5 years, it looks like it's got good growth. | 2005-07-25 | |
| WEAK BUY | | Inco | N-T | 51.920 | Great company. Production of nickel is important to the infrastructure. A lot of nickle gets exported to China. Over the long and intermediate term, the company looks alright, but on the shorter term basis, with the metals having done what they've done, you have to be a little bit cautious and pick your spots. | 2005-07-25 | |
| DON'T BUY | | BHP Billiton Ltd. | BHP-N | 29.200 | Well managed. A company that is very nicely diversified in metals. Have been benefiting recently from the increases in the price of metals. Starting to get a little bit rich here. | 2005-07-25 | |
| BUY | | ICICI Bank Ltd. | IBN-N | 25.330 | Particularily good at processing. Have transfer agency services, fund account services, etc. and have recently been expanding into North America. Good on the technology side. | 2005-07-25 | |
| DON'T BUY | | Bayer AG | BAY-N | 35.570 | Into pharmaceuticals and chemicals. Things seem to be moving along very well. Getting a little overpriced at these levels. | 2005-07-25 | |
| DON'T BUY | | Posco | PKX-N | 49.390 | Has had a heck of a run, pretty well doublng over the last 24 months. One of the lowest cost producers of steel in the world. Well managed and very up to date on the technology for steel production. Starting to see some competition coming in. Watching closely with the possibility of lightening up his position. | 2005-07-25 | |
| VAGUE | | Cemex SA | CX-N | 44.480 | Well managed company. Because of high shipping costs, you have to make surfe that there are things going on locally that can take the cement. | 2005-07-25 | |
| BUY | | Siemens | SI-N | 79.260 | Things are coming together. Very strong well run German conglomerate. Likes at these levels. | 2005-07-25 | |
| BUY | | Royal Bank Scotland Group PLC (Pref.) | RBS.PR.F-N | 25.640 | A great value at this time. Has underperformed for the last little while because of a basic misunderstanding of their business, i.e., they're not a consumer oriented bank. Particularily good at making acquisitions and putting them into their system. | 2005-07-25 | |
| VAGUE | | Teva Pharmaceutical | TEVA-Q | 31.230 | Primarily involved in the generic pharmaceuticals. Well managed company. Have to be very conscious of the price. A lot of patents are coming off now which is affording an opportunity to the generic companies. | 2005-07-25 | |
| BUY | | PetroChina | PTR-N | 62.650 | An oil company, but there is also a chemical component in this company. As the price of oil advances, that is going to help the advances of oil stocks. Chinese economy is likely to grow at an 8/8.5% for the next decade on a compound basis. Good opportunities. Prefers China National Offshore Oil Company i.e CNOOC (CEO-N). | 2005-04-12 | |
| BUY | | CNOOC Limited | CEO-N | 54.110 | Oil price advances is going to help the advances of oil stocks. Chinese economy is likely to grow at an 8/8.5% for the next decade on a compound basis. Good opportunities. | 2005-04-12 | |
| N/A | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Today’s subject is International Markets and very few North American stocks are being discussed. Because we only cover North American Exchanges, this is the reason for the short listing today. Top Picks and Past Top Picks where on foreign exchanges, so nothing to show. SORRY! | 2005-04-12 | |
| WEAK BUY | | Alcan Aluminum | AL-T | 46.200 | The price of aluminum hasn't started to struggle a lot and demand continues to be out there. Might be getting a little bit toppy at this stage. Likes their Pechene acquisition. Price of energy will cause them concern. | 2005-04-12 | |
| BUY | | Royal Dutch Petroleum | RD-N | 60.720 | This and Shell out of the UK will be getting together in the next little while. A fine integrated company operating out of the Netherlands. Has had a reasonable move over the last 1 1/2 years. | 2005-04-12 | |
| HOLD | | Vodafone Group PLC | VOD-N | 26.680 | Had a very strong move about 3 or 4 years ago and the stock backed off to around a pound (U.K.) 6/8 months ago which is when he got in. Has been an excellent telco. | 2005-04-12 | |
| BUY | | Inco | N-T | 48.430 | Nickel is a commodity that is very much in favour these days. If you put together nickel, iron ore and some other reactions together, that forms stainless steel which is very big in infrastructure which is very big in China along with re-builds in some of the other markets. | 2005-04-12 | |
| BUY | | Sony Corp. ADR | SNE-N | 39.990 | One of the world's giants in consumer electronics. Very fine company. Starting to see the old stodgy management change. There's an American who's running it now. | 2005-04-12 | |
| DON'T BUY | | Posco | PKX-N | 49.000 | A steel company operating out of South Korea. One of the cheapest steel producers in the world. They are benefiting by all the infrastructure plays that are going on right now. The price has moved up very smartly so be a little cautious at these levels. | 2005-04-12 | |
| DON'T BUY | | Nokia | NOK-N | 14.360 | A very fine company. Coming out with far too many models and the competition is hot and heavy at the low end of the market, especially in Asia. Would prefer to play cellulars through Samsung Electronics. | 2004-10-05 | |
| BUY | | Unilever NV | UN-N | 58.160 | Likes their Adams acquisition which gives them new areas with the ability to gain share. Cutting costs. | 2004-10-05 | |
| BUY | | ING Groep NV | ING-N | 26.200 | Very strong company and strong diversfication. | 2004-10-05 | |
| DON'T BUY | | Deutsche Telekom AG | DT-N | 18.850 | Has done reasonably well, but would not be his first choice. Would rather own a China Mobile, China Telecom, Telefonica or Telemex. They are in the right industry but have had troubles with their costs. | 2004-10-05 | |
| BUY | | KT Corp. | KTC-N | 18.980 | Good company. | 2004-10-05 | |
| BUY | | SK Telecom Co. | SKM-N | 20.220 | Good company. | 2004-10-05 | |
| DON'T BUY | | Merck & Company | MRK-N | 33.430 | Has declined because of a recall of one of their drugs. Will probably have a bounce. | 2004-10-05 | |
| DON'T BUY | | Teva Pharmaceutical | TEVA-Q | 25.670 | Prefers others. | 2004-10-05 | |
