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| Rick Stuchberry of MacQuarie Private Wealth |
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| Comment | Agrium | AGU-T | 70.140 | Food story is a long-term story but unfortunately the market we are in is not a bull market so the long-term stories will give you volatility and that is what has happened here. You are going to see some growth and some pretty good numbers. These things really have to be traded around core positions. | 2011-12-22 | ||
| BUY | Canadian Oil Sands | COS-T | 22.800 | If you think oil is going to be $90-$100 or in the vicinity for the next little while, this one should be fine. 5.3% distribution should be safe. Good company and well-positioned and in a good play. Good entry point to establish a core position and you can trade around your core position. | 2011-12-22 | ||
| TOP PICK | Brookfield Renewable Energy | BEP.UN-T | 27.160 | They have amalgamated some asset plays. This was mainly a Canadian play. They’ve added a US component as well as a Brazilian component. He is expecting some quite good growth. Respectable dividend of about 5% and underlying growth. Brazil, which is about 15% of the company now, has the ability to add quite a bit of growth. | 2011-12-22 | ||
| Comment | General Motors Corporation | GM-N | 20.700 | Sales in China have been unbelievable in the last couple of years. If you like the Asian recovery theme, this stock looks like it is trying to put a bottom in and has good growth prospects in Asia. Still have pension liability problems. There is still a trade in the stock from here. (See Top Picks.) | 2011-12-22 | ||
| Comment | Manulife Financial | MFC-T | 10.680 | The problem/question with the lifecos is they have to set aside so much capital they are caught in the actuarial problem of the spread between the bond market and their payout schedules on the policies they have written. As long as the bond market stays down at his very low interest rates, it is very hard for these guys. There is probably a trade here, but for the longer pull there are better places with higher yields. | 2011-12-22 | ||
| Comment | Research In Motion | RIM-T | 14.330 | Why do they continue to increase market share anywhere outside of the US? From here, this may become a trader's paradise. For an investor, you really have to look at it and do your homework. This doesn't fit the style of business that he does, so he won't be buying. Feels you should take the position of being a trader at $14. | 2011-12-22 | ||
| HOLD | Rio Tinto | RIO-N | 49.550 | Thinks there will be an uptick this year. This is based on the premise that Asia is going to be okay. Emerging markets took a real beating this year. | 2011-12-22 | ||
| Comment | Teck Resources Ltd. (B) | TCK.B-T | 36.350 | Likes it and think there is going to be an opportunity to take a trade on what he owns. This falls back into the Asian growth prospect. Relatively cheap on most fundamental metrics. | 2011-12-22 | ||
| TOP PICK | Vermilion Energy Inc | VET-T | 44.710 | 5% yield and has a good growth model underneath it. Just bought some property in France, which were affiliated to some of their own properties. Getting a Brent price on most of their oils. Most of their natural gas is in Europe and Australia so they are getting a world price for natural gas. Company insiders own a lot of stock. | 2011-12-22 | ||
| PAST TOP PICK | Vodafone Group PLC | VOD-Q | 27.360 | (A Top Pick Dec 16/10. Up 10.8%.) Still a good one. Has been paying special dividends. Nice yield. | 2011-12-22 | ||
| Comment | Canaccord Financial Inc | CF-T | 7.250 | Offering to acquire Collins Stewart Hawkpoint, which he thinks is a good deal. They're trying to get more into the investment management side, which has been the opportunity in the financial services business. | 2011-12-22 | ||
| Comment | ArcelorMittal | MT-N | 18.310 | When you are looking at these big steel companies, you are looking at the Asian recoveries and do you buy or not? While Asia may not grow at the same rate that it has been growing at, but he thinks the fundamental story still holds. He would be more of a trader than an investor for the long pull. | 2011-12-22 | ||
| BUY on WEAKNESS | Tim Hortons | THI-T | 49.380 | A safe “bread-and-butter” stock for Canada. Has a beautiful chart. Would be inclined to wait and buy things on dips. Thinks the market is going to give you opportunities to buy at prices that are appropriate. Good and well run company. | 2011-12-22 | ||
| TOP PICK | Tata Motors Ltd. | TTM-N | 17.460 | Largest vehicle manufacturer in India and globally the 3rd largest bus manufacturer and 4th largest truck manufacturer. India economy, just based on their demographics, has to grow at 6%-7%. Pays a small special dividend. | 2011-12-22 | ||
| PAST TOP PICK | Wharf Holdings | 0004-HK | 0.010 | (A Top Pick Dec 16/10. Up 6.44%.) This one is being taken out. | 2011-12-22 | ||
| PAST TOP PICK | BRF Brasil Foods SA | BRFS-N | 19.700 | (A Top Pick Dec 16/10. Up 26.94%.) One of the largest protein exporters globally to the Middle East, Asia, Europe and Latin America. Very well run company. | 2011-12-22 | ||
| Comment | Boeing | BA-N | 66.190 | Very cyclical company. Very international. A lot of the demand is going to come out of China. Well run. If you don't need dividend yield and you want to be in this sector, you don't have a lot of options. Dividend yield of 3%. | 2011-11-03 | ||
| BUY | Bank of Montreal | BMO-T | 58.700 | Doesn't see any risk in the 4.8% dividend. Earnings are solid. | 2011-11-03 | ||
| PAST TOP PICK | Bonavista Energy Corp | BNP-T | 26.470 | (A Top Pick Oct 21/10. Up 38.7%.) | 2011-11-03 | ||
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| BUY | Labrador Iron Ore | LIF.UN-T | 32.270 | Strong payout. A commodity type stock so has an extra risk profile to it. Good yield. Well-managed. | 2011-11-03 | ||
| DON'T BUY | Sunlife Financial | SLF-T | 22.850 | Yield of about 6.3%. The problem with the big lifecos is that they are really affected by market circumstances. He would rather own a bank, which are a bit safer on the short-term. | 2011-11-03 | ||
| BUY | Semafo Inc | SMF-T | 8.830 | He thinks gold is setting up for some kind of an upside action. Parties are pretty good. Has had a nice pull back giving you an opportunity to get in. | 2011-11-03 | ||
| BUY | Vodafone Group PLC | VOD-Q | 28.060 | World’s largest international cellular operator. Combination of a really nice yield of 5%, special dividends and growth. | 2011-11-03 | ||
| TOP PICK | Freeport McMoran Copper & Gold | FCX-N | 40.110 | Copper/gold. Stock is down and this is the time to buy. Have a big strike that will have to be settled. Aopper prices have dropped a lot. China and Asia are going to be fine and copper is going to be okay. Their production costs for copper is less than $1 a pound. | 2011-11-03 | ||
| TOP PICK | ICICI Bank Ltd. | IBN-N | 35.910 | Biggest public bank in India. Stock price is very depressed. Profits are up 20% in the last quarter. Good opportunity to get in. | 2011-11-03 | ||
| Comment | A Comment -- General Comments From an Expert | A Commentary | 0.020 | If a stock is below BV, is this a good investment? In certain sectors, BV is very meaningful, but in others it is not. Would not buy a stock just because it is below Book. It is one of the ingredients but not the only one. | 2011-11-03 | ||
| TOP PICK | Silver Wheaton | SLW-T | 36.230 | Silver. Be selective where you buy this. Don't just buy it today unless you are super bullish. He buys below $30 and sells about $40. Positive on precious metals. | 2011-11-03 | ||
| SELL | Daylight Energy Ltd | DAY-T (Dead) | 9.890 | Being acquired by Sinopec International. He has tendered his holdings. When is a bid on the table and not likely to have counter bid, take the money and run. | 2011-11-03 | ||
| Comment | ABB Ltd. | ABB-N | 19.020 | Large Swiss engineering company. Reasonable yield of about 3%. He prefers a sector with a bit more zoom to it. | 2011-11-03 | ||
| BUY | Tata Motors Ltd. | TTM-N | 19.520 | Big conglomerate that includes Tata Motors. Has had a huge correction and he has added some to accounts that can take the added risk. Earnings were quite good. India has increased interest rates, 9 months in a row, which has hurt them. | 2011-11-03 | ||
| PAST TOP PICK | Bunge Ltd. | BG-N | 61.730 | (A Top Pick Oct 21/10. Up 1.86%.) | 2011-11-03 | ||
| PAST TOP PICK | Banco Santander SA | STD-N | 8.160 | (A Top Pick Oct 21/10. Down 33.94%.) Got stopped out and broke even. | 2011-11-03 | ||
| WAIT | Cameco Corporation | CCO-T | 22.410 | This is a good longer-term bet but in the short term it has been quite disappointing. There are only a few places where we can get base rates in electricity and nuclear is going to make a comeback. It may be a year down the road before you start seeing things turn around. Also, uranium does better in the fall than in the summer. | 2011-08-08 | ||
| Comment | Canadian National R.R. | CNR-T | 66.210 | Rails have held up very well in this pullback. The only negative is that the yield is about 2% where you can get a bank at 4% and an insurance company at 5%. Very well run company. | 2011-08-08 | ||
| BUY | Enbridge | ENB-T | 28.690 | Stable, good earnings and well managed. Not a lot of downside risk. | 2011-08-08 | ||
| BUY | Great West Lifeco | GWO-T | 22.070 | If you don't have any insurance, this is a good opportunity. | 2011-08-08 | ||
| BUY | Potash Corp of Saskatchewan | POT-T | 49.110 | Agriculture stocks have done very well through this period. Hasn't been as oversold as banks, financials and the oils. There will be good demand next year on the potash side. | 2011-08-08 | ||
| DON'T BUY | Research In Motion | RIM-T | 21.810 | Looked cheap at $50, looked cheap at $40 and looks cheap now but let the company turn and the market tell you that they have some of their problems fixed. You are way better to pay $2 more than to grab it here and watch a slide more. | 2011-08-08 | ||
| BUY | Saputo Inc. | SAP-T | 39.820 | Solid and the earnings look pretty good. Well managed. Doesn't own it because his looking for something with a little more upside. | 2011-08-08 | ||
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| Comment | Teck Resources Ltd. (B) | TCK.B-T | 37.810 | There will be a bounce and it will be a trading bounce for certain. If we get much more than that, it is difficult to know. He still has faith in emerging markets growth. Until this changes, you by stocks like this on the pullbacks. | 2011-08-08 | ||
| BUY | Trans Canada Corp | TRP-T | 37.330 | Had sold his holdings but is now looking at it again. Has a very nice yield at 4.5% and is pretty stable. Keystone has to go ahead but the fundamentals are pretty solid. | 2011-08-08 | ||
| TOP PICK | Freeport McMoran Copper & Gold | FCX-N | 41.890 | Huge copper and gold producer and basically supply the Chinese market. Has had big pullback. Good trading stock. Had blowout earnings. | 2011-08-08 | ||
| TOP PICK | ICICI Bank Ltd. | IBN-N | 39.550 | This bank has its main operations in India but is in Britain, Canada and the US. Really good growth rate at over 20%. Very stable. | 2011-08-08 | ||
| Comment | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Market. The market here is going to give you some opportunity to make some money. Wouldn't add to precious metals here because they are so extended on a short-term trading basis but he does have a full position in this sector. Still seeing values in the Canadian and emerging markets. | 2011-08-08 | ||
| Comment | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Banks. These are so cheap that they will move up quickly with the market. | 2011-08-08 | ||
| PAST TOP PICK | Arc Resources Ltd | ARX-T | 25.010 | (A Top Pick July 2/10. Up 30.91%.) This gives you yield and has great reserve growth and good management. Trimmed at about $27 but will add back at about $24. | 2011-06-30 | ||
| BUY | Canadian Pacific Rail | CP-T | 60.170 | This rail has the commodities side that is feeding Asia giving leverage that can work plus or minus. Good yield and at a good price. | 2011-06-30 | ||
| BUY | Encana Corp | ECA-T | 29.780 | This has been a frustrating story because natural gas has been basically sideways for so long. He feels natural gas is going from weak hands to strong hands. It's the Exxon’s (XOM-N) and Chevron's (CVX-N) that have been accumulating the properties. This company has a 2.5% yield so you are being paid to wait. | 2011-06-30 | ||
| TOP PICK | Brookfield Renewable Energy | BEP.UN-T | 23.010 | Clean power company, basically hydro and wind. Big yield of 5.6% and is relatively safe. Below $22 is a great entry point. | 2011-06-30 | ||
| PAST TOP PICK | Great West Lifeco | GWO-T | 25.480 | (A Top Pick July 2/10. Up 11.07%.) Would prefer to buy this one below $25, but okay at this price. | 2011-06-30 | ||
| PAST TOP PICK | H&R Real Estate Inv Trust | HR.UN-T | 21.640 | (A Top Pick July 2/10. Up 33.31%.) You can still buy this one on dips. It has some growth in it. Don't chase the REITs. | 2011-06-30 | ||
| PARTIAL BUY | Inter Pipeline Fund | IPL.UN-T | 15.860 | At current price, this is a Hold but would be a Buy on weakness. There is enough growth in the system to maintain the 6.2% yield. At this price, you could do a Partial Buy and buy the balance later. | 2011-06-30 | ||
| HOLD | Research In Motion | RIM-T | 27.880 | If you own, let a little more water go under the bridge and see if you can get some kind of product mix catalyst for the upside. If you are going to Sell wait for some form of a rally first. | 2011-06-30 | ||
| Comment | Shoppers Drug Mart Corp | SC-T | 39.700 | Very defensive stock with no surprises. Yield of 2%. Well run company. In a competitive space. He prefers a space with more growth. | 2011-06-30 | ||
| Comment | Sunlife Financial | SLF-T | 29.050 | Prefers Great West (GWO-T) with similar yields of about 5%. This one is more market sensitive. Doesn't think there is anything wrong with this one at this price. | 2011-06-30 | ||
| TOP PICK | Viterra Inc | VT-T | 10.480 | Play on emerging markets. This company sits between the consumers and the farmers and makes good margins in between. Everything from selling fertilizer, transporting, storing and even milling. Has good potential over the next few years. | 2011-06-30 | ||
| BUY on WEAKNESS | Trans Canada Corp | TRP-T | 42.350 | Good company but just sold his holdings because he felt it was fully valued at $43. If it pulls back into the high $30's, he might reenter. Important to take your gains in markets like this. Alternatively, you could sell part of your position to lock in your profit. | 2011-06-30 | ||
| BUY | Vodafone Group PLC | VOD-Q | 26.720 | Just added to his holdings recently. Dynamite company. World's largest cell phone company. Also have a big chunk of Verizon (VZ-N).It is likely that they will either institute a dividend or buy back stock. 4.5%-5% yield. All growth is in emerging markets. Great combination of yield, growth and a potential event because of Verizon. | 2011-06-30 | ||
| Comment | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Market. There is some interesting historical commonalty as to where we are in this crash. We were at the top of the market in 1972 and fell 50%. Rallied back to where it started in 72. Similar to what happened in 2008. While economics were totally different, investor psychology is basically the same. Takes quite a while for the fear factor to subside. Thinks we are currently in a sideways consolidation. While you are waiting for the market to repair self, get some yield. | 2011-06-30 | ||
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| TOP PICK | Daylight Energy Ltd | DAY-T (Dead) | 9.350 | In revenues it is about 50% oil and 50% gas. Reserves are growing nicely and pretty well managed. Stock had a big pullback so it's a great entry point. 6.5% yield. | 2011-06-30 | ||
| Comment | Capital Power | CPX-T | 25.000 | Recently issued 8 million shares. From time to time, green power companies in order to grow they have to make acquisitions. Believes this is really accretive and not dilutive. Prefers Northland Power (NPI-T), which gives both growth and yield. | 2011-06-30 | ||
| TOP PICK | Agnico-Eagle Mines | AEM-T | 64.990 | Production could double in the next 5 years. They have lots of ability to bring new mines on. Stock got hit when a kitchen caught fire in a remote mine but doesn’t feel it was warranted with a longer term perspective. | 2011-04-21 | ||
| DON'T BUY | Cameco Corporation | CCO-T | 27.780 | Has a very tiny bit in this one. Japanese situation has pulled the whole uranium sector back. There is a lot of concern on how many new plants are going to be built. Too many question marks around it. | 2011-04-21 | ||
| PAST TOP PICK | Enerplus Corp | ERF-T | 29.790 | (A Top Pick March 31/10. Up 34.05%.) Great name. About 50/50 gas and oil. Good growth prospects. 7.3% distribution, so while you’re waiting you are getting paid. Still likes and would Buy on a pull back. | 2011-04-21 | ||
| WAIT | Imperial Oil | IMO-T | 50.620 | Would wait for a pull back. It has had a good run and is now consolidating. If you are very bullish on energy and think it is going higher from here, this looks great. | 2011-04-21 | ||
| PAST TOP PICK | Northland Power Inc | NPI-T | 15.940 | (A Top Pick March 31/10. Up 28.57%.) A “steady Eddie”. Fair bit of renewable power. Nice yield. Still likes and would Buy on a pull back. | 2011-04-21 | ||
| WATCH | Potash Corp of Saskatchewan | POT-T | 55.350 | Agricultural sector has sort of rolled over in the last few months. All the stocks have had a consolidation period, which is normal. In the next 2 months in North America, the crops go in and we’ll know how much and which ones that will apply to this company. | 2011-04-21 | ||
| BUY | Semafo Inc | SMF-T | 8.720 | Gold mine in West Africa. Difficulty when you are in some of the developing countries is the political risk. There was a hiccup there in the last 2 weeks. Things seem to be back to normal and the mines weren’t really affected. Costs are affected as energy has popped up a fair bit. At this price there is lots of upside. | 2011-04-21 | ||
| BUY on WEAKNESS | Trans Canada Corp | TRP-T | 40.080 | Uses this as an income stock. Stable. The difficulty is whether the Keystone project is going to go through or not. This decision will be made in the near future. Doesn’t expect the stock will collapse if it doesn’t go through. Extended a bit right now and if it went through $40-$41, he might trim a little bit. Wait for pull backs to the mid $30’s. | 2011-04-21 | ||
| PAST TOP PICK | Vodafone Group PLC | VOD-Q | 28.320 | (A Top Pick March 31/10. Up 33.28%.) Still likes and would Buy on a pull back. Have muscle and ability in emerging markets. Yield of over 4.5%. | 2011-04-21 | ||
| BUY | Crescent Point Energy Corp | CPG-T | 44.240 | Correction is just a pull back in oil and nothing fundamentally wrong with this stock. They’re out there doing what they said they would do. Pays a great dividend. Costs are good. | 2011-04-21 | ||
| TOP PICK | Lake Shore Gold | LSG-T | 4.150 | Gold. Has the ability to double its production or more in the next 2 years so there is lots of production coming on. If the market goes sideways or up, you are going to win. Nice safe jurisdiction in Northern Ontario. | 2011-04-21 | ||
| BUY on WEAKNESS | ICICI Bank Ltd. | IBN-N | 49.910 | Undervalued? A core position for him and uses it as a trading vehicle. Just trimmed when it recently went over $50. It is always easier to make money in an economy that is growing 7%, 8% or 9% as opposed to 2% or 3%. | 2011-04-21 | ||
| Comment | A Comment -- General Comments From an Expert | A Commentary | 0.020 | He has raised his cash reserves and taken quite a bit of profit in the 1st quarter and will see where the market wants to go from here. Portfolios are about 25%-30% cash. Mainly trimming positions. Important for investors to review their positions during the market cycle. There is a fair bit of risk in the market. | 2011-04-21 | ||
| Comment | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Gold. Staying market weight gold because it’s a bull market. Gold keeps going up and looks pretty good and there doesn’t seem to be any subsiding of the demand side of the equation. Supply/Demand relationship is quite positive. | 2011-04-21 | ||
| DON'T BUY | Bell Aliant | BA-T | 26.870 | A yield play. He likes a bit of growth to go with the dividend. He is always fearful that at some point inflation will really grab hold and if you have a stock without a lot of growth behind it, you’re stuck with the yield and that is your only defence. | 2011-04-21 | ||
| HOLD | Banco Santander SA | STD-N | 11.910 | Has been a disappointment. He continues to hold it because Brazil is one of his favourite countries in the emerging markets. This one has been a laggard, partly because the parent company in Europe has been sideways too. Should do better over time. | 2011-04-21 | ||
| TOP PICK | CASH | CASH | 0.010 | Market is consolidating so he has raised a fair bit of cash. At this point in the market, you don’t need to chase anything. Just be patient. | 2011-04-21 | ||
| Comment | Agrium | AGU-T | 92.510 | Has had a pretty nice move. If it starts to break down, he wouldn’t give it too much room. Be tight with your Stops. There is room for the agriculture stocks to pull back. | 2011-02-07 | ||
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| Comment | Aecon Group Inc | ARE-T | 8.510 | Stock fell when they announced a loss on an oil sands project. If you like the infrastructure space, this is not particularly expensive now. | 2011-02-07 | ||
| HOLD | Bank of Montreal | BMO-T | 59.500 | Canadian banks will usually run as a pack but this one is usually in the back space. It has a very safe dividend. This one has some work to do before it looks ready to move up. | 2011-02-07 | ||
| Comment | CitiGroup | C-N | 4.900 | Doesn’t own any US banks. If everything goes smoothly, the best leverage is in the US banks because they have been punished so much. (See Top picks.) | 2011-02-07 | ||
| Comment | Canadian Natural Rsrcs | CNQ-T | 43.980 | Canadian Natural Resources (CNQ-T) or Crescent Point (CPG-T)? Feels oil prices will stay in the $80 to $100 range. In this case he wants to be paid to sit and wait, so Crescent Point would be his choice. If you are very bullish on oils, then Buy Canadian Natural Resources. | 2011-02-07 | ||
| PAST TOP PICK | Enerplus Corp | ERF-T | 31.810 | (A Top Pick March 31/10. Up 41.46%.) A former income trust. About 50-50 oil and gas. Trimmed about a quarter of his position but still really likes it. | 2011-02-07 | ||
| HOLD | Inter Pipeline Fund | IPL.UN-T | 15.160 | Valuations are pretty full in every stock in this sector and he is holding for the income stream. Doesn’t think there is much risk to the downside. The risks on these start to come when the bond market starts to tick up and rising interest rates. | 2011-02-07 | ||
| SELL | Manulife Financial | MFC-T | 19.150 | Because of the derivatives they’ve created, it is highly leveraged to the stock market. If the market heads down this will have extra leverage to the downside. If you own, consider taking profits now. | 2011-02-07 | ||
| PAST TOP PICK | Northland Power Inc | NPI-T | 15.810 | (A Top Pick March 31/10. Up 26.79%.) Still likes but is now a Hold as it is pretty fully valued. Dividend is safe. | 2011-02-07 | ||
| DON'T BUY | Potash Corp of Saskatchewan | POT-T | 181.870 | Splitting 3 for 1. Loves agriculture and thinks its got lots of room for the longer pull put numbers have gotten ahead of itself recently. Sold his holdings and would look to reposition himself during a pull back. | 2011-02-07 | ||
| BUY on WEAKNESS | Suncor Energy Inc | SU-T | 40.390 | If you like the energy complex going forward, this is a great company. As long as you think crude prices are solid and going higher, this one is fine. As an entry point don’t be afraid to let the market correct. | 2011-02-07 | ||
| PARTIAL SELL | Viterra Inc | VT-T | 11.950 | Recently trimmed his holdings on the last big spike up. If you are very long-term in your thoughts, 2 to 5 years, agriculture is going to be a hotbed of activity. If you own, consider taking profits. | 2011-02-07 | ||
| SELL | Talisman Energy | TLM-T | 22.940 | Played this sector differently by playing the former trusts. When you get an opportunity to take a profit, take one. | 2011-02-07 | ||
| PAST TOP PICK | Vodafone Group PLC | VOD-Q | 28.800 | (A Top Pick March 31/10. Up 30.99%.) Largest cell operator globally. Aggressive in the emerging markets, which he likes. Looks solid and has a reasonable yield of over 4%. | 2011-02-07 | ||
| Comment | George Weston Ltd. | WN-T | 68.670 | Stable and well managed. Has had some very good runs in the last year. Doesn’t want to be in this sector right now. | 2011-02-07 | ||
| SELL | Freeport McMoran Copper & Gold | FCX-N | 55.620 | Wonderful company but he is now almost out of it. Will make a lot of money in the next little while but he wonders if copper is going to roll over a little. If you own don’t be afraid to take profits. | 2011-02-07 | ||
| HOLD | Crescent Point Energy Corp | CPG-T | 43.650 | Canadian Natural Resources (CNQ-T) or Crescent Point (CPG-T)? Feels oil prices will stay in the $80 to $100 range. In this case he wants to be paid to sit and wait, so Crescent Point would be his choice. If you are very bullish on oils, then Buy Canadian Natural Resources. | 2011-02-07 | ||
| TOP PICK | HSBC Holdings P L C | HBC-N | 56.840 | World’s largest bank and is in 140 countries. Great yield of about 4%. Good security. Growth in all the right areas. Moved their headquarters to Hong Kong where the growth in capital is enormous. Well positioned to capitalize on world’s growth expansion. | 2011-02-07 | ||
| Comment | Telefonica S.A. | TEF-N | 25.260 | Spanish Telecom. He owns Vodaphone (VOD-Q) because he felt it had more emerging market exposure. This one’s exposure is in Latin America. | 2011-02-07 | ||
| TOP PICK | India Fund Inc. | IFN-N | 30.050 | India has been punished in the last couple of months so stocks have been discounted for the time being. This fund gives a diversified portfolio. Owns all of the big Indian stocks and gives you participation in that market. | 2011-02-07 | ||
| Comment | Royal Dutch Shell PLC (A) | RDS.A-N | 70.150 | Well run company. Big companies have been positioning themselves and buying assets that are cheap. | 2011-02-07 | ||
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| DON'T BUY | Royal Bank of Scotland PLC | RBS-N | 14.270 | Was a highly levered bank in England but the leverage stopped working. English government owns a big whack and until they get out this won’t trade like a regular security. (See Top Picks.) | 2011-02-07 |
