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| Steven Conville of Macquarie Private Wealth |
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| Steven Conville's website |
| BUY | Apple | AAPL-Q | 314.740 | Suggests a stop loss if it continues to run. | 2010-10-15 | ||
| TOP PICK | Barrick Gold | ABX-T | 48.530 | He is looking to take the leveraged play out for the investor. He wants people to make money if gold continues to go higher. If gold dropped, mid tier stocks would get hammered. It’s a defensive gold selection. | 2010-10-15 | ||
| HOLD | Bank of America | BAC-N | 11.980 | Long term, you wont be disappointed in this investment. If you are over-weight, you should pare back. This is not a value pick, but a high performance bet. | 2010-10-15 | ||
| BUY | Boeing | BA-N | 70.110 | This is an economically sensitive stock. If the war spending dries up and if airlines fall on harder times, you will see rapid retracement on the value of the stock. If the 787 comes and impresses, you could be very happy. | 2010-10-15 | ||
| SELL | Bombardier Inc (B) | BBD.B-T | 5.050 | (Market Call Minute) Doesn’t understand how this company operates. If you made money run for the hills. | 2010-10-15 | ||
| BUY | Canadian Oil Sands | COS-T | 26.140 | Dividend is safe. If the price of oil stays at these levels or climbs, you will be rewarded. If not you could be miserable for 6-12 months. The oil sands are here to stay. | 2010-10-15 | ||
| TOP PICK | Canadian Utilities | CU-T | 48.710 | Income theme. The fuel and energy and power services that they provide will continue to make them money even if there is a slowdown in the economy. The dividend would continue to reward investors in the future. | 2010-10-15 | ||
| PAST TOP PICK | Gerdau Ameristeel Corp | GNA-T (Dead) | 11.690 | (Top Pick Oct 2/09, Up 40%) It hit his 25% target and he exited. | 2010-10-15 | ||
| HOLD | Altria Group Inc | MO-N | 24.880 | Well run with sound management. They consistently reward their investors. Hold onto a small position for the dividend. | 2010-10-15 | ||
| BUY | Proctor & Gamble | PG-N | 62.760 | In this economy and market, this is a defensive company. You can’t go wrong here. | 2010-10-15 | ||
| BUY | Research In Motion | RIM-T | 49.230 | (Market Call Minute) Had some problems and now realize they are not invincible. | 2010-10-15 | ||
| BUY | SNC-Lavalin Group Inc. | SNC-T | 54.540 | (Market Call Minute) Infrastructure has been his theme for the last few years. It is a good long-term hold. | 2010-10-15 | ||
| PAST TOP PICK | Stantec Inc | STN-T | 28.050 | (Top Pick Oct 2/09, Up 6%) He is hoping he can see $30 at which point he will think about exiting. | 2010-10-15 | ||
| TOP PICK | George Weston Ltd. | WN-T | 77.790 | The big fear of Wal-Mart coming has now gone. Weston has their supply chain in a position where they can compete. They can grow their earnings in 2011 even if the economy is weak. | 2010-10-15 | ||
| BUY | Exxon Mobil | XOM-N | 65.190 | Likes it. At these levels it is not overvalued. This was one of those companies that didn’t get caught up in the massive run-up since ‘09. You now have higher oil prices and opportunity for oil companies to start to churn out profits. | 2010-10-15 | ||
| HOLD | Crescent Point Energy Corp | CPG-T | 40.010 | Yield is excellent, good company. Had a good run over the last 3 months. | 2010-10-15 | ||
| N/A | A Comment -- General Comments From an Expert | A Commentary | 0.020 | A little weary of where we are. Globally we are at our near term highs. Except in Canada where gold might go a little higher. You need to pare back those ears of the portfolio that have grown out of proportion. The economy really needs support in the US. He has been taking some profits. | 2010-10-15 | ||
| PAST TOP PICK | iShares Silver ETF | SLV-N | 23.750 | (Top Pick Oct 2/09, Up 50%) Sold half his position at a great profit. Will let the rest ride for a while. Suspects gold will go to $1500 and will drag silver with it. | 2010-10-15 | ||
| BUY | Aecon Group Inc | ARE-T | 11.010 | With their orders, #407 development, future infrastructure plays, etc. he does feel the future bodes well. | 2010-08-13 | ||
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| Comment | BCE Inc. | BCE-T | 32.060 | Wouldn't Buy this for growth. If you are buying for yield and plan to hold it in your portfolio for a long time, that's how he would use it. 5.7% dividend. | 2010-08-13 | ||
| Comment | Cisco | CSCO-Q | 21.360 | Just came out with earnings and sales and forecasts were a bit shy and the stock dropped by 9%. No longer a high beta growth stock but more of a blue-chip company. Not sold that we are going to be selling more computers, servers, handsets etc. in the near term. Either a Hold or Don’t Buy. | 2010-08-13 | ||
| HOLD | Encana Corp | ECA-T | 29.800 | Predominantly natural gas. Performance has not been spectacular as well as languishing issues of natural gas prices. Did relatively well last quarter because of their hedging programs. Not expecting anything great over the next few quarters. | 2010-08-13 | ||
| TOP PICK | Home Capital Group | HCG-T | 43.520 | Canadian banks’ lending standards are getting tougher. This company is a strong, disciplined, secured lender or equity-based lender. This environment has a lot of good clients that may not necessarily pass the grade for tier 1 institutions. | 2010-08-13 | ||
| Comment | Intel | INTC-Q | 19.150 | (Caller recalls a BNN speaker stating that cell phones globally would quadruple in the next 2 years.) If possible, it would bode well for this company. His concern is that this is where investors are being pushed and if there is a slowdown, he can see it doing tremendously well. If the economy stays where it is there to be a lot more cell phones etc. | 2010-08-13 | ||
| DON'T BUY | Manitoba Telecom Services | MBT-T | 25.210 | Not much influence outside of Manitoba. If they try to expand their wireless, they could be eroded by one of the bigger companies. As concerns about its continued ability to grow earnings. 6.7% dividend. | 2010-08-13 | ||
| HOLD | Manulife Financial | MFC-T | 12.730 | Thinks there is a window of opportunity in the next 24 months as they get their house in order and become less dependent on equity market performance. | 2010-08-13 | ||
| TOP PICK | Canadian Real Estate Investment | REF.UN-T | 29.740 | In the majors of this space, it has the best valuation. Could possibly get to $34-$35. Likes the diversification in its tenants. For investors who are cautious but want upside, can't get hurt. | 2010-08-13 | ||
| HOLD | Sunlife Financial | SLF-T | 25.480 | Loan loss provisions have come down and because of their structure, versus ManuLife (MFC-T) it has worked in their favour and they will be in a better position. If we stay in the low interest rate environment, visibility for any of the insurers is not good. | 2010-08-13 | ||
| TOP PICK | Suncor Energy Inc | SU-T | 32.910 | Petrocan integration is moving along and they are starting to divest non-core assets. | 2010-08-13 | ||
| Comment | Verizon Communications | VZ-N | 30.030 | $30 is pretty close to its all-time highs but it could go to $26 before it got to $35. As far as US telecom stocks go, it is not a bad long-term play. | 2010-08-13 | ||
| BUY | Crescent Point Energy Corp | CPG-T | 36.500 | Recently converted from an income trust to a high dividend paying company. This is one of the few companies that are going to be our future. Without a peer to compare itself with, it is just languishing. He is considering buying a lot more. | 2010-08-13 | ||
| WEAK BUY | Lloyds TSB Group PLC | LYG-N | 4.400 | An opportunity here for growth if there is a turnaround, specifically in England, and there is no further global deterioration. Charts and his gut feelings tell him this is not a quality investment, but more of a speculative play. | 2010-08-13 | ||
| PAST TOP PICK | Dividend 15 Split Corp. | DFN-T | 10.280 | (A Top Pick Aug 17/09. Up 17%.) (Preferred A) Basket of preferred shares. Hopes good performance will continue but has it on review and depending on performance could possibly exit. | 2010-08-13 | ||
| BUY | Artis Real Estate Investment Trust | AX.UN-T | 11.990 | Good yield of 9.1%. There is also the potential for big upside in the event of a takeover or acquisitions of more properties. Could see $15-$17. | 2010-08-13 | ||
| PAST TOP PICK | United States Steel | X-N | 13.440 | (A Top Pick Aug 17/09. Up 7%.) This was his Obama infrastructure recovery play. Didn't do as well as he expected but is still positive for his clients. Watching carefully and may have to exit. | 2010-08-13 | ||
| PAST TOP PICK | Pimco High Income Fund | PHK-N | 13.250 | (A Top Pick Aug 17/09. Up 65%.) Exited his position a few weeks ago. Trading in little higher than its true that as the value. | 2010-08-13 | ||
| PAST TOP PICK | BCE Inc. | BCE-T | 31.200 | (A Top Pick Dec 18/09. Up 15.5%.) | 2010-06-21 | ||
| TOP PICK | Canadian Natural Rsrcs | CNQ-T | 37.960 | Very strong management and the company is well positioned. Good balance sheet and cash flow. | 2010-06-21 | ||
| TOP PICK | Goldcorp Inc | G-T | 45.350 | All major gold companies are unhedged now. Company is profitable even with gold at $500. Current gold prices have to translate into gold stocks outperforming gold itself. | 2010-06-21 | ||
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| HOLD | Hewlett-Packard Co | HPQ-N | 47.510 | Has had a terrific run for a large company. Bulk of huge tech spending has taken place for the next little while so would prefer a lower price of the $38 range. A good long-term hold | 2010-06-21 | ||
| PAST TOP PICK | Manulife Financial | MFC-T | 16.810 | (A Top Pick Dec 18/09. Down 10.56%.) | 2010-06-21 | ||
| TOP PICK | Research In Motion | RIM-T | 60.310 | Stock price has now gotten to a point where it is reasonably priced. | 2010-06-21 | ||
| HOLD | Toronto Dominion | TD-T | 73.630 | At the peak price in the current market rally. Great management at handling risks. Shown tremendous resiliency to manage US credit issues. Have made fantastic acquisitions that should bear fruit in the long-term. | 2010-06-21 | ||
| BUY | Talisman Energy | TLM-T | 17.690 | Investing public has been waiting for a delivery for a long time. Now that moral issues are behind it and management structure seems to be better, this might not be a bad entry point. | 2010-06-21 | ||
| Comment | Verizon Communications | VZ-N | 29.060 | Doesn't hold telecoms other than BCE (BCE-T). Think there are better ways to play the technology space rather than the carriers. 6.5% yield. | 2010-06-21 | ||
| BUY | Crescent Point Energy Corp | CPG-T | 39.230 | Very sound management. Dividend should be safe. Not a bad play in the oil space. | 2010-06-21 | ||
| PAST TOP PICK | HBP S&P/TSX 60 Bear+ ETF | HXD-T | 11.530 | (A Top Pick Dec 18/09. Down 11.71%.) | 2010-06-21 | ||
| PARTIAL SELL | Wynne Resorts Ltd. | WYNN-Q | 86.860 | Economically sensitive and stock has rallied significantly from its lows. If you have owned with good returns, start to pare back. Would rather try to find a security of high yield debt such as a bond. | 2010-06-21 | ||
| BUY on WEAKNESS | Apple | AAPL-Q | 266.350 | (Market Call Minute.) Great growth name. May be at its near-term high so would be careful buying at these levels. Try to buy at $30-$40 cheaper. | 2010-05-03 | ||
| TOP PICK | Agrium | AGU-T | 63.000 | This should benefit more from the actual farmers and their businesses. Potash (POT-T) and Mosaic (MOS-N) are more institutional. Improvement in farmers’ margins will directly affect this company's sales. | 2010-05-03 | ||
| TOP PICK | Aecon Group Inc | ARE-T | 12.420 | This infrastructure play is not priced that high and neither is his target but there are going to be a lot of roads and buildings taking place with government money right now and the contracts have been signed. This is one of the largest in this space. Looking for $3-$4 move up. | 2010-05-03 | ||
| PARTIAL SELL | BCE Inc. | BCE-T | 30.650 | You have to look at this as almost a preferred share. Doesn't see significant upside momentum. Long-term, you could probably get a few more dollars a share of it. If you made a lot of money, consider selling half and keeping the rest for dividends. | 2010-05-03 | ||
| BUY | Bank of Montreal | BMO-T | 63.370 | (Market Call Minute.) Bank of Nova Scotia (BNS-T) or Bank of Montreal (BMO-T)? His preference is Bank of Nova Scotia. Likes their global involvement. However, you can't go wrong with either company. | 2010-05-03 | ||
| BUY | Bank of Nova Scotia | BNS-T | 52.690 | (Market Call Minute.) Bank of Nova Scotia (BNS-T) or Bank of Montreal (BMO-T)? His preference is Bank of Nova Scotia. Likes their global involvement. However, you can't go wrong with either company. | 2010-05-03 | ||
| DON'T BUY | Berkshire Hathaway Inc. (B) | BRK.B-N | 78.440 | Don't have it as your only equity holding. If you have it with others, you can't go wrong. Not his favourite stock as he feels Warren Buffett gets a premium on the NAV on the underlying companies that make this up. He is also concerned about his ability to live forever. | 2010-05-03 | ||
| DON'T BUY | Valeant Pharmaceuticals | VRX-T | 17.260 | Performance in the last 12 months indicates they have gotten past the worst but not pleased with their past history. Not his favourite. Probably better opportunity for growth elsewhere. | 2010-05-03 | ||
| DON'T BUY | Cameco Corporation | CCO-T | 24.780 | If you feel confident in the price of uranium and the direction the world is going to blow, you shouldn't worry. However, the chart is telling you that people are not comfortable with this stock. This one is always just a disaster a way from losing half your money. | 2010-05-03 | ||
| SELL | CitiGroup | C-N | 4.410 | (Market Call Minute.) Has been on fire lately but has pulled back a little. If you've made money Sell. | 2010-05-03 | ||
| PAST TOP PICK | Gerdau Ameristeel Corp | GNA-T (Dead) | 7.560 | (A Top Pick Oct 2/09. Down 8.4%.) A higher torque name, which puts a little spice in your portfolio and is part of the infrastructure story. Still a Buy. | 2010-05-03 | ||
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| BUY | Goldcorp Inc | G-T | 43.160 | CEO said they could make money as long as gold is over $400. Really likes this company. We might start to see gold companies outperforming bullion in the next few months. | 2010-05-03 | ||
| BUY | Home Depot | HD-N | 35.870 | Doesn't think you can go wrong with either Lowe's (LOW-N) or Home Depot (HD-N) as a momentum play in the next 6 to 12 months. Would like to see a better US economy before calling either a core hold in for a long-term hold. Use a 10%-15% stoploss. | 2010-05-03 | ||
| BUY | Lowes Companies Inc. | LOW-N | 27.740 | Doesn't think you can go wrong with either Lowe's (LOW-N) or Home Depot (HD-N) as a momentum play in the next 6 to 12 months. Would like to see a better US economy before calling either a core hold in for a long-term hold. Use a 10%-15% stoploss. | 2010-05-03 | ||
| BUY | Potash Corp of Saskatchewan | POT-T | 110.010 | Should hit $130 in 12 months. Farming is coming back along with farming prices. When that happens, fertilizers will be in demand. (See Top Picks.) | 2010-05-03 | ||
| DON'T BUY | Qualcom | QCOM-Q | 38.640 | Great time for technology, but looking at this chart it had a great run, peaked and then it dropped back. Not his favourite in this space but they do possess a lot of the infrastructure in the cellular area and they do make a lot of quality key products. | 2010-05-03 | ||
| TOP PICK | RioCan Real Estate Investment | REI.UN-T | 19.700 | Biggest REIT and will mitigate any near-term risks. Had a great run and has levelled off. Near-term it might have another $2 but he really likes 7% distribution and the diversity of their holdings. | 2010-05-03 | ||
| BUY | Research In Motion | RIM-T | 72.190 | Looks attractive at these levels. Launching a new handset technology that should come out in the next little while. More than enough revenue for both iPhones and Blackberry to exist. If you own, you will definitely make good money 2 years out. | 2010-05-03 | ||
| BUY | Royal Bank | RY-T | 62.420 | Short term, stock may go lower because Canadian banks in general have been on such a great run and making key US acquisitions may slow their earnings growth. For a long-term Buy there aren't too many companies globally that are better run. | 2010-05-03 | ||
| HOLD | Shoppers Drug Mart Corp | SC-T | 35.150 | At this point you don't know where the bottom is. If you bought it and you are down, hang on to it but if you don't own, wait a few more months to see where the dust settles. | 2010-05-03 | ||
| PAST TOP PICK | Stantec Inc | STN-T | 25.880 | (A Top Pick Oct 2/09. Down 2.3%.) If a robust turnaround in infrastructure starts, this will have the potential of getting up to $30-$35 range. Long-term hold. | 2010-05-03 | ||
| PAST TOP PICK | iShares Silver ETF | SLV-N | 18.420 | (A Top Pick Oct 2/09. Up 16.7%.) There are times when gold is so irrational you can use a product that tends to track gold that is not so violent and moves a little slower. | 2010-05-03 | ||
| DON'T BUY | Lloyds TSB Group PLC | LYG-N | 4.110 | Not a bank he would own but has become a buzz stock for people looking for an opportunity because it was so beaten down. Greek situation shouldn't have too much. If Portugal, then Italy have to go through the same there will be some jitters in European banks. Speculative. | 2010-05-03 | ||
| Comment | Mastercard Inc. | MA-N | 250.740 | MasterCard (MC-N) or Visa (V-N)? Both companies are well run. The risk would be the credit situation in the US and it might spill over with the new European crisis. When the stocks hit their lows in 2008-2009 that was a great buying opportunity. They have both been on a fantastic run and not sure you'll make much money buying at its current level. | 2010-05-03 | ||
| Comment | Visa Inc. | V-N | 89.270 | MasterCard (MC-N) or Visa (V-N)? Both companies are well run. The risk would be the credit situation in the US and it might spill over with the new European crisis. When the stocks hit their lows in 2008-2009 that was a great buying opportunity. They have both been on a fantastic run and not sure you'll make much money buying at its current level. | 2010-05-03 | ||
| TOP PICK | Agrium | AGU-T | 73.110 | Fertilizer market has strengthened since 4th quarter of last year. Indications are that farmers will get their prices giving them good margins. Even if economy doesn’t retrace and stays as it is, this bodes well for prices of potash and this company. Use a 10%-12% stop loss. | 2010-03-15 | ||
| Comment | CitiGroup | C-N | 3.890 | Government still owns 30% of this bank. Still struggling to find itself. Has good upside if the US economy continues to turn around but there are better choices amongst financials. | 2010-03-15 | ||
| Comment | Canadian Natural Rsrcs | CNQ-T | 73.220 | Good company, good management. For the long-term, 2 years-5 years you will definitely make money. Energy always tends to be tied to a strengthening economy. Short term, it could get a little worse. | 2010-03-15 | ||
| BUY | Cisco | CSCO-Q | 26.080 | Has had an unbelievable run. Technology spending follows the economy. There may be another wave of corporate/government tech spending left. Next couple of years bodes well. | 2010-03-15 | ||
| PAST TOP PICK | Goldcorp Inc | G-T | 40.000 | (A Top Pick Jun 1/09. Down 1.23%.) Still likes. | 2010-03-15 | ||
| TOP PICK | Iamgold Corp | IMG-T | 14.750 | With current prices of gold, a mid-cap stock like this will definitely perform. If gold stays at these levels or increase a little he really likes the direction of this company. | 2010-03-15 | ||
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| BUY on WEAKNESS | Manulife Financial | MFC-T | 20.560 | Thinks we have seen the worst of the slide in the insurance sector. Maybe a little too expensive at this point. | 2010-03-15 | ||
| Comment | Morgan Stanley | MS-N | 29.640 | If you have a long-term outlook, this is a Buy. Management is sound. If you are looking to do a trade, this is not the time. | 2010-03-15 | ||
| WAIT | Research In Motion | RIM-T | 77.170 | In the midpoint from its high to low. Would wait a couple of days to see the iPad launch as the stock may pull back. If you own, consider a stoploss of 15%. (Too volatile for 10% stoploss.) | 2010-03-15 | ||
| TOP PICK | SNC-Lavalin Group Inc. | SNC-T | 52.400 | Still likes infrastructure theme. While governments may be weighing out of capital markets or banking sector, they will still be doing infrastructure spending for the next few years. Likes the diversity of this company even in a slow economic recovery. | 2010-03-15 | ||
| BUY | Wal-Mart Stores Inc. | WMT-N | 55.420 | Doesn't feel you can get hurt with this company. Sound management and loves the way they run their company. Annual return for the long-term will be 6%-8%. Long-term hold. | 2010-03-15 | ||
| BUY | CML Healthcare | CLC-T | 12.300 | Good defensive play. Dividend is solid because a large percentage of its clients are Ontario, Alberta and Canadian governments. Shouldn't get hurt by buying at this price. If it gets close to $15.75 you should consider exiting. | 2010-03-15 | ||
| PAST TOP PICK | United States Steel | X-N | 13.500 | (A Top Pick Jun 1/09. Up 62.67%.) Still likes. | 2010-03-15 | ||
| PAST TOP PICK | HBP NYMEX Nat'l Gas Bull+ | HNU-T | 7.090 | (A Top Pick Jun 1/09. Down 82%.) Traded out of this at a much lower loss than 82%. | 2010-03-15 | ||
| Comment | Agrium | AGU-T | 62.130 | Deadline for acquiring CF Industries is tonight but he feels another deadline could be set. Likes the agricultural sector in general but this company has had a fantastic run and if you bought it near the lows you might consider selling it. | 2009-12-18 | ||
| SELL | Bank of America | BAC-N | 15.030 | This is a long-term hold and maybe a short-term sell. Not enamored of most US banks. Still a lot of issues that they face in terms of default risks/credit risks. | 2009-12-18 | ||
| DON'T BUY | Bombardier Inc (B) | BBD.B-T | 4.760 | (Market Call Minute.) Any time he has ever bought this one he has lost money. Not a fan of airlines. | 2009-12-18 | ||
| TOP PICK | BCE Inc. | BCE-T | 27.510 | Likes management. Not a large uptick in share price but 7% dividend is good | 2009-12-18 | ||
| BUY | Costco Wholesale | COST-Q | 58.430 | (Market Call Minute.) Very well run company and a good stock. If we are in a bad economy, people will continue to use their services. | 2009-12-18 | ||
| DON'T BUY | Dell Computers | DELL-Q | 13.740 | Thinks the PC sector has had its run. Can't see this company having a better year in stock performance than it did this year. | 2009-12-18 | ||
| Comment | Enbridge | ENB-T | 48.030 | Quality company and pretty much a solid utility without much competition for its services. | 2009-12-18 | ||
| DON'T BUY | Home Depot | HD-N | 28.650 | US has a lot of government incentives for renovations, new homes and building in general. Problem is this spending eventually falls back on the taxpayer. Has had a pretty nice run. If more government cash is pumped into the system this might go $4-$5 higher based on manufactured earnings. If you own you might want to take some profits. | 2009-12-18 | ||
| DON'T BUY | Kinross Gold | K-T | 19.170 | If gold gets up to $1500 or $2000, he could see this one hitting its highs $36-$40. However if gold gets to $1350 a market wouldn't be excited about this stock. | 2009-12-18 | ||
| BUY | Manitoba Telecom Services | MBT-T | 34.000 | Nice conservative dividend play. 7.65% yield. Limited to Manitoba so competition is not much of a problem. | 2009-12-18 | ||
| TOP PICK | Manulife Financial | MFC-T | 18.750 | Stock has taken a beating but is still in the position of being one of the world's largest insurers. Although they recently cut their dividend, investors will be rewarded 5 years from now. | 2009-12-18 | ||
| DON'T BUY | National Bank of Canada | NA-T | 60.200 | A lot of the steam is out of the banks and can't see it improving for 2 years. Doesn't see a consist raise in dividends in this climate to make it as attractive as other stocks. For a long-term hold without exposure to foreign markets it is fine. | 2009-12-18 | ||
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| HOLD | Power Financial Corp | PWF-T | 30.390 | Very diversified in terms of its financial holdings. Could see this one going sideways over the next 6 to 12 months. Well run company. Still has room to the upside but it will be a slower crawl. | 2009-12-18 |
