Rss Top Picks FeedRss Daily Feed| Click Here to receive daily reports of the TOP PICKS OR your personal stock choices | STOCKCHASEWhat the experts are saying! |
| There are 2 registered members and 26 guests viewing the site. | Follow us on Twitter | Rss Top Picks Feed | Rss Daily Feed |
| Ted Macklin of Guardian Capital |
|---|
| BUY | Harry Winston Diamond Corp. | HW-T | 45.150 | The bulk of capital spending is behind them. Future expansion will be covered from free cash flow. Stock dropped because production levels were below expectations, but this is not a problem. A tremendous opportunity. Buy on pullbacks. | 2004-02-26 | ||
| TOP PICK | Alcan Aluminum | AL-T (Dead) | 63.870 | (A top pick December 16/03. Up 8%.) Believe in the resources area. Aluminum has lagged the rally and China will be creating a big demand. The merger with Pecheny will be very accretive to their earnings. | 2004-02-26 | ||
| WEAK BUY | Bank of Montreal | BMO-T | 54.100 | A little cautious on banks overall. Any merger is probably on the back burner of the present government. A more defensive bank. A good holding. | 2004-02-26 | ||
| DON'T BUY | Valeant Pharmaceuticals | VRX-T | 27.000 | Sold their holdings because of lack of comfort with the clarity of their accounting and lacked confidence in their management. Under investigation. | 2004-02-26 | ||
| BUY | CI Financial Corp | CIX-T | 15.100 | A good company. Very wall run. They are acquisition oriented and have commented that if they can't get acquisitions, we'll consider changing into an income trust. | 2004-02-26 | ||
| VAGUE | Canadian Pacific Rail | CP-T | 31.500 | Have not delivered on the cost cutting as expected. Rail stocks have come under pressure especially in a higher interest rate environment. Have had a lot of weather problems in western Canada. | 2004-02-26 | ||
| TOP PICK | Cognos | CSN-T | 40.800 | Roughly 27X earnings so somewhat inexpensive. Executing very well. Strong management. Good balance sheet. | 2004-02-26 | ||
| TOP PICK | Encana Corp | ECA-T | 57.300 | (A top pick December 16/03. Up 11.5%.) Announced a 12% increase in their reserves. Good management. | 2004-02-26 | ||
| BUY on WEAKNESS | Fairmont Hotels & Resorts | FHR-T | 32.850 | Good company. Tremendous franchise and properties. The downturn in business travel has hurt them but these are short-term considerations. | 2004-02-26 | ||
| DON'T BUY | Hudson Bay Co. | HBC-T | 14.050 | The retail business, especially department stores, is not a good business to be in at this time. | 2004-02-26 | ||
| DON'T BUY | IPSCO Inc | IPS-T | 24.570 | Generally, is not fond of the steel industry. Has had a tough time passing on price increases because of a higher cost of scrap steel. Highly sensitive to the state of the economy. | 2004-02-26 | ||
| BUY | Loblaw Companies Ltd | L-T | 65.250 | Has done tremendously well in the food retail space. Strong management and good balance sheet. | 2004-02-26 | ||
| DON'T BUY | Nordion Inc | NDN-T | 21.060 | This stock has stalled and is frustrating. Can't see them getting 15% growth as they predicted. | 2004-02-26 | ||
| PAST TOP PICK | Manulife Financial | MFC-T | 47.580 | (A top pick December 16/03. Up 11.5%.) They consolidate very well. Good earnings. | 2004-02-26 | ||
| DON'T BUY | Nortel | NT-T (Dead) | 10.430 | There is a lot of hype on the voice over IP technology. Very expensive right now. | 2004-02-26 | ||
| BUY on WEAKNESS | Shoppers Drug Mart Corp | SC-T | 31.660 | A good company. A little bit expensive, but would buy on any pullback. | 2004-02-26 | ||
| DON'T BUY | Sierra Wireless | SW-T | 36.500 | A good company and good product. Concerned about tech stock valuations right now. | 2004-02-26 | ||
| HOLD | Toronto Dominion | TD-T | 44.830 | Questioning how the banks are going to sustain their growths. Reported solid numbers. | 2004-02-26 | ||
| DON'T BUY | Canadian Pacific Ships | TEU-T | 24.100 | Operationally, they are having trouble with freight rates because of the weakness of the US dollar exports from the US have been weaker. Feels the stock will stall here for a little bit. | 2004-02-26 | ||
|
| |||||||
| BUY on WEAKNESS | George Weston Ltd. | WN-T | 97.400 | The weaker US dollar has hurt them and have had a difficult time in their food retail in the US. Whenever the macro environment changes for them, they will be in a very strong position. | 2004-02-26 | ||
| TOP PICK | Alcan Aluminum | AL-T (Dead) | 60.610 | Could see a deficit in the aluminum commodity. Good management team. | 2004-02-12 | ||
| WAIT | ATI Technologies | ATY-T (Dead) | 20.520 | As a conservative investor, he has to wait until the Ontario securities commission allegations are cleared up. | 2004-02-12 | ||
| DON'T BUY | Bombardier Inc (B) | BBD.B-T | 6.620 | Their end customer base is still facing a tough time. Was disappointed with the price they received on their recreational vehicle side. Likes management. | 2004-02-12 | ||
| BUY | BCE Inc. | BCE-T | 28.990 | Have executed very well over the last two years. Likes management. Continuing to unwind non-core assets. Telecom sector is under pressure. Expect the stock will be higher two years out. | 2004-02-12 | ||
| HOLD | Bank of Montreal | BMO-T | 56.680 | Has a premium built-in because of consolidation expectations, so be prepared if this unravels. Expect an increase in dividends. | 2004-02-12 | ||
| TOP PICK | Cognos | CSN-T | 42.050 | Have operated very well in a difficult software environment. Competitive landscape has improved in their favor. Good management and clean balance sheet. | 2004-02-12 | ||
| BUY | Canadian Tire Corporation Ltd | CTC-T | 43.750 | A good company and has handled competition very well. Would be very comfortable owning this one. | 2004-02-12 | ||
| TOP PICK | Encana Corp | ECA-T | 54.060 | Just reported 12% increase in their reserves which indicates a good growth profile. Also likes the commodity price activity. | 2004-02-12 | ||
| SELL | Hudson Bay Co. | HBC-T | 13.980 | Not a fan of Canadian retailers. Can see where growth is going to come from. | 2004-02-12 | ||
| VAGUE | Research In Motion | RIM-T | 124.600 | Have exercised very well. Don't own the stock because of potential litigation. Has a fair bit of admiration for management. | 2004-02-12 | ||
| BUY | Sunlife Financial | SLF-T | 36.300 | Keep in mind, they are still going through the SEC investigation. Likes their MFS subsiduary. | 2004-02-12 | ||
| BUY | Teck Resources Ltd. (B) | TCK.B-T | 23.410 | Looks fairly attractive rate down. Likes the coal acquisition they made. Should continue to move. | 2004-02-12 | ||
| VAGUE | TSX Group | X-T | 49.600 | Have executed well, but has not made any acquisitions. Well-managed. If you have concerns about stock markets, this could be vulnerable. | 2004-02-12 | ||
| TOP PICK | Alcan Aluminum | AL-T (Dead) | 59.570 | Commodity price has been lagging. Their French acquisition gives opportunities for more synergies. Likes management. | 2004-01-19 | ||
| DON'T BUY | Bombardier Inc (B) | BBD.B-T | 5.290 | Doesn't meet their fundamental requirements. Likes their CEO. Still have a growth in customer client base. Will be a long time turnaround. | 2004-01-19 | ||
| PAST TOP PICK | BCE Inc. | BCE-T | 29.200 | (A top pick Oct 30/03. No change.) A defensive pick. Likes the fact that they are focusing on their core businesses. | 2004-01-19 | ||
| DON'T BUY | Celestica Inc | CLS-T | 27.840 | Very good company with a good balance sheet. IBM, a good customer, came out with very good numbers. There are still a lot of their customers that are weak. Expect them to lag on the upturn. | 2004-01-19 | ||
| TOP PICK | Domtar Inc. | DTC-T | 16.300 | Feels that the forest and paper products have lagged. Very strong management team. Very good at allocating capital. | 2004-01-19 | ||
| BUY on WEAKNESS | Encana Corp | ECA-T | 54.660 | They have good reserves and good assets. Likes energy. A good company. Buy on any pullbacks. | 2004-01-19 | ||
|
| |||||||
| DON'T BUY | Falconbridge Ltd | FAL-T | 31.510 | Not a big fan of this company. If you want nickel exposure, go through Inco. | 2004-01-19 | ||
| BUY | Great West Lifeco | GWO-T | 45.730 | A good company. Like most of the insurance companies right now. | 2004-01-19 | ||
| DON'T BUY | JDS Uniphase | JDU-T | 8.650 | Think it has moved up in sympathy with the rest of the telecom industry space. A fine company with a decent balance sheet. Doesn't feel the customers are ordering the equipment as yet. | 2004-01-19 | ||
| DON'T BUY | Lucent Technologies | LU-N | 4.610 | Still have ongoing balance sheet issues. The whole sector has had a tremendous move in the last month and valuations are stretched. If buying in this section, would prefer Nortel. | 2004-01-19 | ||
| PAST TOP PICK | Manulife Financial | MFC-T | 45.750 | (A top pick Oct 30/03. Up 14.8%.) A very attractive value. The integration going forward, will make a strong company. | 2004-01-19 | ||
| TOP PICK | Inco | N-T | 50.700 | There has been a pullback in the commodity areas which gives a buying opportunity. Likes the growth profile of the company with a couple of projects on stream which will act as a reserve base. | 2004-01-19 | ||
| HOLD | Nortel | NT-T (Dead) | 9.270 | At this price, investors are discounting a vast improvement of margins and profitability of business. Pare back and take some profits. The stock is due for a pullback. | 2004-01-19 | ||
| WEAK BUY | Research In Motion | RIM-T | 110.950 | Excellent company with strong management and balance sheet. Has some hyper growth going on right now. Concerned about the litigation with NTP. OK for a more speculative investment. | 2004-01-19 | ||
| DON'T BUY | Sears Canada | SCC-T | 17.500 | Not a big fan of the retail industry in Canada. One good analyst good upgrade the stock. Believe the consumer is really tapped out. | 2004-01-19 | ||
| BUY | Sunlife Financial | SLF-T | 35.750 | A good company. Like most of the insurance companies right now. | 2004-01-19 | ||
| BUY on WEAKNESS | SNC-Lavalin Group Inc. | SNC-T | 48.800 | A first rate, top tier infrastructure company. Strong management team and a good balance sheet. Likes for the long term. Buy on any pullback. | 2004-01-19 | ||
| BUY | Toronto Dominion | TD-T | 44.300 | The banking sector has a very strong weighting on the TS index, which is a lot of concentration in one group. The stock dropped because the merger deal fell through. A good price. | 2004-01-19 | ||
| PAST TOP PICK | Canadian Pacific Ships | TEU-T | 25.200 | (A top pick Oct 30/03. Up 4.5 %.) A well-run company. Positioned very well. Expects further consolidation. | 2004-01-19 | ||
| BUY | Trans Canada Corp | TRP-T | 27.000 | Not aggressive on utilities or pipeline stocks, but they like this company. Dividend is secure. Good management team. | 2004-01-19 | ||
| WEAK BUY | A Comment -- General Comments From an Expert | A Commentary | 20.350 | Likes the base metals in general but prefers the pure plays. This could drop some more. | 2004-01-19 | ||
| DON'T BUY | A Comment -- General Comments From an Expert | A Commentary | 30.000 | A frustrating stock. The continuing lack of performance in Brazil plus also they have problems in Ontario and Québec. Will take time to turn around. | 2004-01-19 | ||
| PAST TOP PICK | Alcan Aluminum | AL-T (Dead) | 58.270 | (A past top pick Sept 23/03. Up 9%.) Still likes it very much. What buy on any weakness. | 2003-12-16 | ||
| TOP PICK | Alcan Aluminum | AL-T (Dead) | 58.270 | Likes the Pecheny deal. It will definitely be accretive to the earning powers of the Company. Strong management team. Strong commodity pricing. | 2003-12-16 | ||
| DON'T BUY | AbitibiBowater Inc. | ABH-T (Dead) | 9.630 | Have a large debt load and have more to do to cut this back. Trying to increase the price of newsprint, but not sure it will stick. | 2003-12-16 | ||
| DON'T BUY | Bombardier Inc (B) | BBD.B-T | 5.090 | Will take some time to turn the ship around, especially when the customer base is having so much difficulty. There is still some uncertainty on the Capitol side. | 2003-12-16 | ||
|
| |||||||
| BUY on WEAKNESS | BCE Inc. | BCE-T | 29.400 | A defensive stock. There is some growth. They have some assets that need to be sold off. There are competitive pressures on the wireline business. Would accumulate on any weakness. | 2003-12-16 | ||
| VAGUE | Cinram | CRW.UN-T | 26.100 | A good company. They will get competition from more and more music being down loaded off the Internet. | 2003-12-16 | ||
| TOP PICK | Encana Corp | ECA-T | 50.300 | The energy sector has been lagging their positive for the longer term. Strong management team. | 2003-12-16 | ||
| WEAK BUY | Goldcorp Inc | G-T | 21.230 | Prefers an operating company. Goldcorp does a lot of trading in bullion and in other gold shares. OK for short-term trading. | 2003-12-16 | ||
| DON'T BUY | Quebecor World | IQW-N | 24.860 | Was not happy with the communication by the management team, so sold their holdings. Too many changes in senior management. | 2003-12-16 | ||
| BUY | Loblaw Companies Ltd | L-T | 64.200 | In spite of the difficult environment in the grocery business, would buy at this price. Solid operators. Long-term hold. Dividends. | 2003-12-16 | ||
| DON'T BUY | Nordion Inc | NDN-T | 19.010 | A frustrating stock. A good company. Needs some kind of catalyst. | 2003-12-16 | ||
| TOP PICK | Manulife Financial | MFC-T | 42.110 | Likes their acquisition of John Hancock. It improves their footprint and product line in the US. Strong management team. Buy on any weakness. | 2003-12-16 | ||
| BUY on WEAKNESS | Inco | N-T | 46.400 | The price of nickel has been very strong and looks to be strong going forward. Good profile for growth as an operating company. Would buy on a pullback. | 2003-12-16 | ||
| BUY | Precision Drilling | PD-T | 55.900 | Entering the season for strong drilling activity. Should do well in the next 3/4 months. | 2003-12-16 | ||
| BUY on WEAKNESS | Power Financial Corp | PWF-T | 48.900 | A good company. The primary investments they have are very solid companies. Would buy on any weakness in the stock. | 2003-12-16 | ||
| PAST TOP PICK | QLT Inc | QLT-T | 24.600 | (A past top pick Sept 23/03. Up 5%.) Still likes. Has been volatile. Continue to believe in Visudine and the improved use of it. | 2003-12-16 | ||
| WAIT | Sunlife Financial | SLF-T | 31.570 | Likes the insurers in general. Have full confidence in the management, but wait to see what happens regarding the SEC civil action. | 2003-12-16 | ||
| PAST TOP PICK | Teck Resources Ltd. (B) | TCK.B-T | 19.990 | (A past top pick Sept 23/03. Up 35%.) Have taken some profits. Has had a big move, so wouldn't be aggressive on it. | 2003-12-16 | ||
| TOP PICK | Alcan Aluminum | AL-T (Dead) | 56.420 | There has been some very strong commodity price activity but aluminum has lagged nickel, copper and other base metals. Like their acquisition in France. | 2003-12-03 | ||
| HOLD | BCE Inc. | BCE-T | 29.000 | A good stock. Going through a loan transition. A defensive holding. | 2003-12-03 | ||
| HOLD | Bank of Montreal | BMO-T | 54.100 | A more defensive holding. Prefers others with a better growth outlook. Getting a little expensive. | 2003-12-03 | ||
| DON'T BUY | Valeant Pharmaceuticals | VRX-T | 21.900 | Might be suitable for an aggressive trader. Too premature to be looking at this as an investment candidate. There's a lack of clarity. | 2003-12-03 | ||
| HOLD | Canadian Imperial Bank of Commerce | CM-T | 62.900 | Likes all the banks. Expects a better performance out of this bank and Toronto Dominion. May be getting a little high now. | 2003-12-03 | ||
| TOP PICK | Canadian Pacific Rail | CP-T | 35.170 | They brought down their guidance but feels they are taking a very conservative approach. With global expansion, there should be a lot of goods being shipped. Have funded 300 million of the 900 million pension liability. | 2003-12-03 | ||
|
| |||||||
| DON'T BUY | Dofasco | DFS-T | 30.900 | A well-managed steel company. Good balance sheet. Not a fan of the steel industry. | 2003-12-03 | ||
| TOP PICK | Manulife Financial | MFC-T | 41.940 | The John Hancock merger is very good for shareholders. Gives Manulife a footprint into the US. Strong management team. Could be some volatility which will be a buying opportunity. | 2003-12-03 | ||
| HOLD | Royal Bank | RY-T | 61.640 | A more defensive holding. Prefers others with a better growth outlook. | 2003-12-03 | ||
| DON'T BUY | VSM MedTech Ltd. | VSM-T | 4.500 | As a conservative investor, not his type of investment. Sloppy accounting practices give huge credibility issues. Change of CEO is probably good. | 2003-12-03 | ||
| DON'T BUY | Bombardier Inc (B) | BBD.B-T | 5.750 | A large company to turn around and it won't turn around quickly. | 2003-11-06 | ||
| TOP PICK | BCE Inc. | BCE-T | 29.650 | Feels that management has done a good job in restructuring the company. Have good potential on the wireless side and doing well with DSL Internet. A defensive play. | 2003-11-06 | ||
| BUY | Canadian National R.R. | CNR-T | 80.570 | Likes both railroads. They should improve from increased grain shipments. Economically sensitive. Strong management. | 2003-11-06 | ||
| BUY | Canadian Pacific Rail | CP-T | 38.400 | Likes both railroads. They should improve from increased grain shipments. Economically sensitive. Strong management. | 2003-11-06 | ||
| HOLD | Enbridge | ENB-T | 52.750 | Has done very well. Will be interest rate sensitive. Good company with solid fundamentals. | 2003-11-06 | ||
| DON'T BUY | Hudson Bay Co. | HBC-T | 11.840 | Can't see any growth with either The Bay or Zellers. They have tremendous real estate assets, but not sure they would get much for it. | 2003-11-06 | ||
| BUY | Loblaw Companies Ltd | L-T | 62.530 | Opening new format stores. Had a very good quarter. Slight dip gives a good buying opportunity. | 2003-11-06 | ||
| TOP PICK | Manulife Financial | MFC-T | 40.630 | Likes their acquisition of John Hancock. Have done a good job of integrating in the past. | 2003-11-06 | ||
| WEAK BUY | Sobeys | SBY-T | 31.250 | Good operators. Have paid down the debt that was created by their acquisition. They tripped in the last quarter and blamed the blackout. This is questionable. Longer-term should do well. Would prefer Loblaw's. | 2003-11-06 | ||
| BUY | Shoppers Drug Mart Corp | SC-T | 29.000 | (A past pick June 4/03. Up 21%.) Getting pricey but a good retail. Paying down debt. Worth its premium. | 2003-11-06 | ||
| DON'T BUY | Stelco Inc | STE-T | 1.190 | Steel assets are seldom shut down. They always come back from restructuring. Not a fan of the steel industry. | 2003-11-06 | ||
| BUY | Suncor Energy Inc | SU-T | 28.200 | A good long-term hold. Could have an impact from a stronger Canadian dollar and weakening oil prices. | 2003-11-06 | ||
| DON'T BUY | Transalta Corp | TA-T | 18.500 | Interest sensitive. Had a downgrade on their rating for their debt. Made a couple of large acquisitions, but paid full price for it. Would also be concerned with Ontario's government transition regarding Hydro. | 2003-11-06 | ||
| HOLD | Toronto Dominion | TD-T | 44.050 | Don’t be aggressive in owning the banks. Prefers insurance shares. | 2003-11-06 | ||
| TOP PICK | Canadian Pacific Ships | TEU-T | 27.990 | Well-managed. A good play on the economy. Expects rising freight rates. A capital-intensive business, so expects there will be some consolidation. | 2003-11-06 | ||
| BUY | Aliant | AIT-T (Dead) | 32.300 | A single market telephone company. Have done a good job achieving growth in the local market. Possibly they could be converted into an income trust or there could be a special dividend. Prefers BCE. | 2003-10-30 | ||
|
| |||||||
| BUY | Alcan Aluminum | AL-T (Dead) | 52.780 | Likes the merger with Pechiney. The wildcard is the supply from the Chinese. Good price, but watch China going forward. | 2003-10-30 |
