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Compiling comments that experts make about stocks while on public TV.

Recent Opinions with Comments from our Viewers

Date Signal Company Expert Opinion Price
2014-04-16 PAST TOP PICK Altagas Ltd
ALA-T
Rick Stuchberry

(A Top Pick May 2/13. Up 30.63%.) Has been a good company and a great sector. Thinks that when we start to deliver gas to the West Coast, this could be quite a good winner. While it has had a good run, there is potential for more to come.


Price: $47.350
Subject: CANADIAN LARGE & ADRs
Bias: CAUTIOUSLY OPTIMISTIC
Owned: Yes
2014-04-09 COMMENT Sanofi-Aventis
SNY-N
Mark Grammer

Has looked at this recently because they have some good drugs in their pipeline, but his preference right now in Europe is Shier (?) which he thinks is well-positioned.


Price: $53.000
Subject: GLOBAL
Bias: OPTIMISTIC
Owned: No
2014-04-04 TOP PICK Altagas Ltd
ALA-T
Genevieve Roch-Decter

(A Top Pick May 23/13. Up 22.79%.) Growth over the next year is going to become more utility-like making it more conservative and lower risk which should give them a multiple expansion. Thinks there is 25%-30% upside to the stock price over the next few years because of the LNG opportunities. Contemplating a project on the West Coast to export propane. Sees a 25% further upside to the stock price. Yield of 3.32%.


Price: $45.930
Subject: NORTH AMERICAN ENERGY INFRASTRUCTURE
Bias: BULL on ENERGY
Owned: Yes
2014-03-31 TOP PICK Knight Therapeutics
GUD-X
Michael Smedley

Only on the market a couple of months.  There are only two people in the company.  A drug has just been approved.  Thinks it will be very exciting.


Price: $5.280
Subject: CANADIAN
Bias: SELECTIVE
Owned: Yes
2014-03-27 COMMENT Northwest Healthcare Property REIT
NWH.UN-T
Andy Nasr

You can stream the income with this.  Largest owner of medical buildings in North America.  Stock sold off because people don’t want to own REITs that don’t have a lot of operating leverage.  Also, they have not hit their operating numbers.  They could not lease out all of the properties mentioned in the IPO. 


Price: $9.600
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC
Owned: Yes
2014-03-26 COMMENT Baytex Energy Corp
BTE-T
Brian Acker, CA

His model price is $51.72, a 15% upside. Has a dividend of $2.64 and it might earn $2.38, so they pay out everything that they have. If it could come back to $36, that would be his Buy level.


Price: $44.520
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: Unknown
2014-03-26 DON'T BUY Crescent Point Energy Corp
CPG-T
Brian Acker, CA

There are a group of these energy names that pay a distribution way above what they are earning. His model price is $31.42, a negative 21%. They pay a distribution of $2.76. Investors look at 6.78%, but mean estimates in terms of earnings, is $1 and next year it is $0.95. What it means is that they are paying out their capital to investors. Overvalued.


Price: $40.070
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: Unknown
2014-03-18 PAST TOP PICK CGI Group (A)
GIB.A-T
Jason Donville

(A Top Pick April 3/13. Up 31.89%.) Has had a lot of negative press because of the Obama situation, but they produce a great stream of cash flow with a very steady 20% ROE. Although the chart is lumpy, when you own it in the context of a portfolio, that lumpiness kind of folds itself out. Still one of the cheapest stocks. Trading at 9.5X 2014 earnings and is projected to grow by 23% this year.


Price: $34.770
Subject: GROWTH & FINANCIALS
Bias: CAUTIOUS
Owned: Yes
2014-03-06 PAST TOP PICK AutoCanada Inc.
ACQ-T
Bruce Campbell (2)

(Top Pick Oct 16’13, Up 15.98%) He got a good run.  They will continue to have a great run ahead of them.  Buying a dealership a quarter.  Maybe they get a group in an upcoming quarter.  Dividend as well.


Price: $44.370
Subject: CANADIAN
Bias: BULL on CANADIAN MARKET
Owned: No
2014-03-05 BUY Transalta Corp
TA-T
Christine Poole

They cut their dividend by 38% unexpectedly.  They want to do M7A to grow.  Her preference would be other income producing stocks.


Price: $12.980
Subject: NORTH AMERICAN - LARGE
Bias: SELECTIVE
Owned: No
2014-03-04 TOP PICK Synodon
SYD-X
Brent Cook

Has developed a proprietary technology to fly over gas and oil pipelines to detect leaks.  There is 500,000 km of pipe that has to be surveyed.  They currently use dogs to sniff out leaks.  Now is a good time to get in, now that we know the technology works.  They have pulled in some big contracts.


Price: $0.250
Subject: JUNIOR MINING & COMMODITIES
Bias: CAUTIOUS
Owned: Yes
2014-02-27 PAST TOP PICK Altagas Ltd
ALA-T
David Burrows

(Top Pick Feb 14/13, Up 28.03% total return) Thinks it has about a 5 year tail wind in front of it.  Has lots of growth in the regulated business.  4-5% dividend and 5-7% growth makes it very attractive.


Price: $42.650
Subject: NORTH AMERICAN - LARGE
Bias: SELECTIVE
Owned: Yes
2014-02-24 TOP PICK Sherritt International Corp.
S-T
Joey Mack

7.5% Sep 24, 2020.  They did an asset sale, but these bonds are protected from asset sales.  They may have to go and buy back all the bonds above par.  Putting all that money to debt reduction is good for credit.


Price: $2.960
Subject: FIXED INCOME
Bias: CAUTIOUS on BONDS
Owned: Yes
2014-02-19 COMMENT Transalta Corp
TA-T
Mohsin Bashir

With this and most of the major pipelines, the multiple is always going to be high in this type of environment. Also there is a longer term overhang of rising interest rates, which could pull these down. However, he feels the dividend is safe and there is a pretty good runway of infrastructure build-up for a number of these names, not just this one.


Price: $14.820
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: No
2014-02-12 N/A A Comment -- General Comments From an Expert
A Commentary
Bill Bonner

Pipelines. This issue is not going away quickly. Keystone XL has the southern leg built and who knows on the northern leg? Also, other projects inside of Canada such as the Eastern project that is going to drive crude oil East. These issues are not going to be resolved quickly. In the meantime, the producers have responded with CBRs (crude by rail) to get their product to market. This doesn’t work in all cases. Sometimes crude can be very volatile, some of the lighter blends in particular, but for heavy oil producers, the volatility is not there. Thinks crude by rail will be a big benefit to industry, without the pipelines even being built.


Price: $0.020
Subject: CANADIAN ENERGY
Bias: OPTIMISTIC on ENERGY
Owned: _N/A
2014-02-11 COMMENT Transalta Corp
TA-T
Paul Gardner, CFA

Has always been a problem as they have always under delivered. Used to own their debt last year, but has always stayed away from the stock because their assets always needed a lot more capital than was expected and there was a risk of them cutting their distribution.


Price: $14.770
Subject: FIXED INCOME, LARGE CAP DIVIDENDS AND REITS
Bias: OPTIMISTIC
Owned: No
2014-02-05 COMMENT Unilever PLC
UL-N
Barry Schwartz

A great company, but has done nothing for years. He prefers getting his branded product companies in the US and Canada. He watches this, but it is not cheap enough for him to buy.


Price: $37.850
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC
Owned: No
2014-02-03 DON'T BUY Essential Energy Services Ltd.
ESN-T
Jeff Parent B. Eng. FCSI

This is going down and he sees a lot of volume. If the price is dropping and the volume is spiking, at some point there is going to be a reversal where the price bounces off a value level. Sees a really strong support level at $2.09 which is where this is probably going to be heading to. Wait for sign of reversal.


Price: $2.330
Subject: TECHNICAL ANALYSIS
Bias: BULLISH
Owned: Unknown
2014-01-27 DON'T BUY Altagas Ltd
ALA-T
Bill Harris, CFA

Is in his short list.  It is a bit expensive in this market.  Prefers others in the space.


Price: $40.860
Subject: RESOURCE
Bias: CAUTIOUS
Owned: No
2014-01-21 TOP PICK ViXS Systems Inc
VXS-T
Stephen Takacsy, B. Eng, MBA

A leader in semiconductors for the video industry. They basically develop systems on a chip that you’ll find in set-top boxes, smart TVs and wireless devices to process next generation video, multimedia content to decode and transcode onto other platforms. The fight is between them and Broadcom (BRCM-Q) and a few others. This is the only one that has developed next generation chip for the ultra high definition televisions that will be coming out in the next few years. Sees huge upside over the next few years. His target is for the stock to double or triple over the next few years.


Price: $3.250
Subject: CANADIAN
Bias: CAUTIOUS
Owned: Yes
2014-01-17 TOP PICK Pure Industrial Real Estatetrust Trust
AAR.UN-T
Derek Warren

This is an income play. He is a big fan of the industrial market right now. Has seen a very large trend going on. Basically the Canadian industrial market is linked most directly to the US economy. US economy is improving at the same time that our dollar is weakening. So you have enough strength for the oil markets in Western Canada. Yet the weaker Cdn$ is actually helping bring back manufacturing into Ontario and Québec. This gives the opportunity for rent growth.


Price: $4.490
Subject: REIT's
Bias: BULLISH on REITs
Owned: Yes
2014-01-17 PAST TOP PICK Dundee Industrial REIT
DIR.UN-T
Derek Warren

(A Top Pick Sept 24/13. Down 4.3%.) $8.90 was at a trimming point so as it touched those levels he has been trimming a little. Still likes the industrial sector very much.


Price: $8.820
Subject: REIT's
Bias: BULLISH on REITs
Owned: Yes
2014-01-17 COMMENT Annaly Capital Management Inc.
NLY-N
Derek Warren

Part of a group of US mortgage REITs. They buy up mortgages and put debt on those mortgages. This is a very dangerous situation and he doesn’t like any of these. Wouldn’t sell it right now because it is so far down but, if you get a lift, then you should Sell.


Price: $10.200
Subject: REIT's
Bias: BULLISH on REITs
Owned: No
2014-01-14 TOP PICK iShares S&P Europe 350 E.T.F.
IEV-N
Terry Shaunessy

This is the equivalent of a European S&P 500. It tracks the S&P Europe 350 index. Actually, the UK is the biggest part of this. England is doing quite well and he thinks it will continue to lead Europe.


Price: $47.420
Subject: ETF's
Bias: BULLISH
Owned: Yes
2014-01-13 WEAK BUY Badger Daylighting
BAD-T
Michael Smedley

He likes splits.  This thing is astounding.  Bought not that long ago.  It is the major in North America in its business.  Prefers LNS-T


Price: $90.400
Subject: CANADIAN
Bias: BULLISH
Owned: Yes
2014-01-13 BUY 3D Systems
DDD-N
Michael Smedley

It is a fabulous sector that has a long way to go.  This is the biggest and most diversified of the group. 


Price: $91.580
Subject: CANADIAN
Bias: BULLISH
Owned: Yes
2013-12-31 N/A A Comment -- General Comments From an Expert
A Commentary
John DeGoey

Investment Resolutions: 

#1:  Trade less and in a more strategic manor.  Be focused and disciplines.  Think with each trade. 

#2. Pay off non-deductible debt as soon as you can, e.g. credit card debt, before investing. 

#3. Generate an investment policy statement, 4-10 pages long, your mix, tolerance for risk, goals, etc. 

#4. Don’t chase past returns.  E.g. stock is up 50% so get into it. 

#5.  I will not attempt to time the market. 


Price: $0.020
Subject: PERSONAL FINANCE & ETFs
Bias: SELECTIVE
Owned: _N/A
2013-12-30 WATCH Badger Daylighting
BAD-T
Norman Levine

Sold half his position at $65.  Has not bought any for new accounts since but he would if it had a correction.  Management is excellent. 


Price: $85.550
Subject: NORTH AMERICAN - LARGE
Bias: CAUTIOUS
Owned: Yes
2013-12-27 N/A A Comment -- General Comments From an Expert
A Commentary
Paul Harris, CFA

Markets. 2014 looks good. Stocks are going to continue to do well in the US. Canada will underperform the US but still do well. Can’t see why stocks will not do as well as they did this year. People are worried about tapering but what really affects stocks in the long run are short rates going up and he doesn’t think this will happen until 2015. Long rates will go up, but eventually the long end of the bond curve is determined by inflation rates, which is relatively low. Economic growth globally is really improving. If pressure is put on the stock market because of tapering, that will be a good buying opportunity.


Price: $0.020
Subject: GLOBAL & NORTH AMERICAN LARGE
Bias: BULLISH
Owned: _N/A
2013-12-23 TOP PICK HSBC Holdings P L C
HSBC-N
Rick Stuchberry

This stock has done nothing for a year but getting better positioned in Asia.  The yield is safe and they are doing a pretty good job of keeping costs down.  This is an opportunity that is being passed over and shouldn’t be.  It is a pretty good stock with great management, over 50% of profits coming out of Asia.  Largest stock in the Hong Kong market.


Price: $54.160
Subject: CANADIAN LARGE & iNTERNATIONAL ADR's
Bias: BULLISH
Owned: Yes
2013-12-20 N/A A Comment -- General Comments From an Expert
A Commentary
Michael Decter

Markets. Thinks we are already in the Santa Claus rally. We survived the taper talk, which seemed to have created instability and negativity, but the actual taper itself seemed to create “certainty”. This is a wonderful illustration about how markets actually trade. They are very scared by uncertainty but the minute you have certainty there was a huge rally off the $10 billion taper as well as the certainty about interest rates. The message is that there is no inflation visible in a 1-2 year forecast. Business can go ahead with a lot of investment on a lot of the capital side, with certainty that they are not going to get crushed by rising rates in the near future. It also tells consumers that they can go ahead and loosen the purse strings and, if an American, buy that house and car.


Price: $0.020
Subject: CANADIAN
Bias: BULLISH
Owned: _N/A
2013-12-20 BUY Allied Properties REIT
AP.UN-T
Michael Decter

Is this a good time to get into REITs such as Allied Properties (AP.UN-T) and RioCan (REI.UN-T)? This is a very good and timely question. He had dramatically reduced his weight in REITs when interest rates started to move, because there is a wrong tendency to think that all REITs are like long-term bonds. These 2 are both good ways to be in a REIT sector. Don’t go into REITs in a big way, have small weighting.


Price: $32.070
Subject: CANADIAN
Bias: BULLISH
Owned: Yes
2013-12-20 PAST TOP PICK Baytex Energy Corp
BTE-T
Michael Decter

(A Top Pick Oct 11/12. Down 3.36%.) Sold his holdings to go into some other things.


Price: $41.640
Subject: CANADIAN
Bias: BULLISH
Owned: No
2013-12-20 BUY Enbridge Income Fund Holdings
ENF-T
Jaime Carrasco

This is a nice steady payer if he is setting up a brand-new portfolio for clients. He would definitely consider it as part of a diversified pool of income. It is rebounding on the price and the entry point is pretty good right now. 5.8% yield. Conservative income generator.


Price: $23.500
Subject: RESOURCE, UTILITY & REITs
Bias: CAUTIOUS
Owned: Yes
2013-12-20 BUY Pembina Pipeline Corp
PPL-T
Michael Decter

Pembina (PPL-T) or Inter Pipiline (IPL-T)? That’s a choice. He would say Buy both. Both have a lot of really good projects in their pipeline and both have done really well and both have a habit of sharing their good profitability with their investors in the form of increasing distributions. Thinks growth is high enough to protect them both from interest-rate increases.


Price: $36.870
Subject: CANADIAN
Bias: BULLISH
Owned: Yes
2013-12-20 BUY RioCan Real Estate Investment
REI.UN-T
Michael Decter

Is this a good time to get into REITs such as Allied Properties (AP.UN-T) and RioCan (REI.UN-T)? This is a very good and timely question. He had dramatically reduced his weight in REITs when interest rates started to move, because there is a wrong tendency to think that all REITs are like long-term bonds. These 2 are both good ways to be in a REIT sector. Don’t go into REITs in a big way, have small weighting.


Price: $24.750
Subject: CANADIAN
Bias: BULLISH
Owned: No
2013-12-20 BUY Torc Oil & Gas Ltd
TOG-T
Jaime Carrasco

Has been buying this for the portfolio. They are transitioning to a dividend model. He has an $11 target on it. Likes the growth model. Have been working on the Cardium area and they are growing their production there.


Price: $10.370
Subject: RESOURCE, UTILITY & REITs
Bias: CAUTIOUS
Owned: Yes
2013-12-18 PARTIAL SELL Magna Int'l. (A)
MG-T
Keith Richards

A good example of a market leader that is starting to roll over.  It broke its key trend line.  Make sure it does not break the $80 level.


Price: $85.330
Subject: TECHNICAL ANALYSIS
Bias: SELECTIVE
Owned: Unknown
2013-12-13 DON'T BUY Liquor Stores N. A.
LIQ-T
Jeff Young

They sell liquor in Alberta and BC as well as in one of the states, possibly Kentucky. Facing some competition in BC, which he thinks is a political issue, as well as in Kentucky. Having to reinvest more in their stores to make it more appealing. New CEO is probably figuring out how he is going to right the ship and we should know in early 2014. Won’t be raising the 7.7% dividend and there could even be a cut.


Price: $13.960
Subject: CANADIAN DIVIDEND
Bias: OPTIMISTIC
Owned: No
2013-12-12 WATCH Parkland Fuel Corp
PKI-T
David Cockfield

Quite volatile. When they came out with a bad quarter in Jan/Feb, the stock got whacked. You have to realize this is somewhat volatile. Likes what they are doing. Did a major expansion across the country. Their contract with Suncor (SU-T) is ending and he is not sure what they are going to do regarding replacements of supplies.


Price: $18.290
Subject: CANADIAN
Bias: OPTIMISTIC
Owned: Yes
2013-12-11 BUY Iamgold Corp
IMG-T
Charles Oliver, HBSc CFA

Have some higher operating costs and they have to try and bring those down and have been working on this. Nice big dividend yield of about 5%, but there is a risk it could be cut. Reasonably strong balance sheet so they don’t have to do a cut immediately. With a much higher gold price, he could see this potentially going back to $20.


Price: $4.070
Subject: PRECIOUS METALS
Bias: OPTIMISTIC
Owned: Yes
2013-12-10 PAST TOP PICK Easyhome
EH-T
Fabrice Taylor

(A Top Pick Dec 14/12. Up 105.93%.) This is furniture leasing. If you can’t afford to buy a couch or computer, etc. they’ll lease one to you. Growth for them though is by lending money. They charge high interest rates because the people they lend are very high credit risks. This segment of the market is growing very, very rapidly. $20 is easily achievable in a year’s time.


Price: $16.900
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Yes
2013-12-10 BUY Ford Motor
F-N
Christine Hughes

Very positive environment for the auto industry globally. In North America you have a very old and aging fleet of domestic cars. Replacement factor is very high. There is a bit of inventory issue with the whole market, which is being worked off, but that is why it has been soft in the last few months. This is a buying opportunity.


Price: $16.530
Subject: NORTH AMERICAN
Bias: BULLISH
Owned: Yes
2013-12-10 COMMENT High Arctic Energy Services Inc
HWO-T
Fabrice Taylor

An energy services play based in Alberta with operations in the Caribbean. Pays a nice dividend. You are looking at a backdrop of increasing activity in North America and you should be fine. Caribbean assets have some upside that is maybe a little bit better than Western Canada. Stock has done well and it’s probably going to continue to do well. Nice dividend too.


Price: $3.550
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Unknown
2013-12-10 PAST TOP PICK New Flyer Industries Inc.
NFI-T
Fabrice Taylor

(A Top Pick Dec 14/12. Up 34.42%.) Still struggling. 2014 will be a particularly great year. He classifies this as a Hold. Expects to see higher margins in 2015. Once they get through their backlog in 2014, with an improving economy, he sees this is eventually going to $20. 5.5% dividend.


Price: $10.630
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Yes
2013-12-06 COMMENT Cathedral Energy Services
CET-T
Alex Ruus

There are 2 Canadian companies that are focused around directional drilling, this one and Phoenix (PCO-X). Over the long-term, both companies have done very well but in the last 5 years, Phoenix has seemed to out execute Cathedral. Before you invest in any energy/resource type company, you have to be looking at what is going on in resource pricing or resource activity. This current pullback could be a buying opportunity.


Price: $4.570
Subject: NORTH AMERICAN
Bias: BULLISH
Owned: No
2013-12-05 COMMENT Great West Lifeco
GWO-T
Darren Sissons

Why is this company climbing so much faster than ManuLife (MFC-T)? If you look back pre-crash days, ManuLife was a $42-$44 stock and it really rose to the highs on the back of variable annuity growth. However, variable annuities provided a guarantee to policyholders on certain levels of payout. Ultimately, that was the noose upon which the company got hung. Response by management was to hedge the book aggressively and this has effectively insulated the company from downside but they did it at the bottom of the market. Now the upside associated with the rising capital markets is not as direct as expected, because so much of the book has been hedged. Companies that have less hedging have performed much better.


Price: $32.140
Subject: GLOBAL LARGE
Bias: UNKNOWN
Owned: No
2013-12-04 SELL Inter Pipeline
IPL-T
Don Vialoux

Chart shows the trend has stopped going up, and is actually slightly down. Has just broken below its 20 day moving average. Relative Strength is negative. The 3 negatives indicate an opportunity to take profits.


Price: $24.850
Subject: SEASONAL & TECHNICAL
Bias: BULLISH
Owned: Unknown
2013-12-04 COMMENT Renegade Petroleum Ltd.
RPL-X (Dead)
Robert Lauzon

There is a strategic review going on with this company. They are looking for a buyer or are selling off some assets to help their balance sheet. Have been for sale for a long time.


Price: $0.920
Subject: ENERGY
Bias: BULLISH on ENERGY
Owned: No
2013-12-02 TOP PICK Davis and Henderson
DH-T
Laura Lau

A huge transformation.  They bought IT systems for small banks.  4.55% dividend.  Thinks there is cross selling opportunities.  Believes there will be multiple expansion as they are recognized by the market.  They are still integrating so they still have to see synergies and cost cutting from this acquisition.  Expects a March dividend increase.


Price: $28.550
Subject: DIVIDEND STOCKS
Bias: BULL on GLOBAL GROWTH
Owned: Yes
2013-12-02 WAIT Parkland Fuel Corp
PKI-T
Laura Lau

Good dividend paying stock.  Over hang is a contract with Suncor that ends at the end of this year and will result in quite a bit of drop in revenue.  People will realize when they report the first quarter.  You want to buy after this.


Price: $18.160
Subject: DIVIDEND STOCKS
Bias: BULL on GLOBAL GROWTH
Owned: Unknown
2013-11-26 TOP PICK Com Dev International Ltd.
CDV-T
James Telfser

Great Canadian story. Make 80% of the components that go inside satellites that are in orbit. Very good reputation. Have been driving their margins higher. Backlog has been doing quite well over the last number of quarters. Had a bit of a stumble last quarter, but that was offset by their Exact Earth, which tracks ships by satellite.


Price: $3.930
Subject: CANADIAN
Bias: BULLISH on CANADIAN MARKET
Owned: Yes
2013-11-25 DON'T BUY Loblaw Companies Ltd
L-T
Norman Levine

Doesn’t like supermarkets right now.  They sell mostly food and demand will grow with population but there are all these new entrants (Wal-Mart, Target).  The square footage for food sales is going up quicker than population so the only thing to give would be margins.  They are the biggest and most exposed to the grocery business and yet they aren’t that good at it.  They also tried updating their logistics and it was a disaster until recently.


Price: $43.890
Subject: NORTH AMERICAN - LARGE
Bias: CAUTIOUS
Owned: Unknown
2013-11-25 SELL Martinrea
MRE-T
Peter Brieger

With the suit that is going on, he doesn’t know enough to make a decision. If you own, subject to your feelings for oil, as well as your tax loss position coming into the year end, he would be inclined to Sell. He prefers Magna (MG-T).


Price: $8.430
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC
Owned: No
2013-11-21 COMMENT Cenovus Energy
CVE-T
Douglas Kee

Increased their dividend by about 10% this year and feels the dividend increase in 2014 will either be less or delayed. Have 2 challenges out there right now. Their SAGD operations where the steam ratio has moved up a little and they have to work to get that back down. Their short-term problem is with the refining side on their US joint venture where refining margins are being squeezed. These are temporary problems and he is sticking with it.


Price: $31.130
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: Yes
2013-11-20 TOP PICK General Growth Properties Inc.
GGP-N
Michael Missaghie

Premier shopping malls across the US. Portfolio has been repositioned and they have gotten rid of non-core assets. We are starting to see the fruits of their labour. Sales per square foot are growing at about 5% per quarter. Anticipates more upside out of their portfolios. 2.7% distribution.


Price: $1.050
Subject: REIT's
Bias: UNKNOWN
Owned: Yes
2013-11-19 DON'T BUY Air Canada (B)
AC.B-T
Zachary Curry

Feels that all the good news has been priced into the stock already. He is not a huge fan of the airline industry. It is a high fixed cost industry.


Price: $6.560
Subject: NORTH AMERICAN - LARGE
Bias: CAUTIOUS
Owned: No
2013-11-19 DON'T BUY Bank of Nova Scotia
BNS-T
Zachary Curry

Wouldn’t want to be jumping into banks with 2 feet at this time. Stocks have had a very good run. This one has the benefit of being in the international segment and there is some benefit to that in terms of emerging markets which have come down. Canadian housing market is still a very prominent feature of the banks.


Price: $65.980
Subject: NORTH AMERICAN - LARGE
Bias: CAUTIOUS
Owned: Unknown
2013-11-19 PAST TOP PICK Cenovus Energy
CVE-T
Bill Harris, CFA

(Top Pick Nov 5/12, Down 8.13%) It has been a tough market and the TSX has underperformed.  He sold it.  Supposed to be a core holding but the costs went up and he had to get out.  Moved into SU-T


Price: $30.600
Subject: RESOURCE
Bias: DEFENSIVE
Owned: No
2013-11-19 BUY Inter Pipeline
IPL-T
Bill Harris, CFA

Wants to still have a core in pipeline type businesses.  These guys do ancillary pipelines related to the oil sands.  Have the ability to double over the next 10 years. 


Price: $25.960
Subject: RESOURCE
Bias: DEFENSIVE
Owned: Yes
Showing 1 to 60 of 333 entries
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