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

Recent Top Picks

Date Signal Company Expert Opinion Price
2014-11-20 TOP PICK Tsingtao-Brewery-Co.
0168-HK
Darren Sissons

Has been growing at double digit rates.  Brewing companies use a ton of energy.  So lower energy costs are helpful for this story.  It is relatively cheap.  Owned since the low $30s. 

Price:
$0.000
Subject:
GLOBAL LARGE
Bias:
BULLISH on RESOURCES
Owned:
Yes
2014-11-20 TOP PICK Arc-Resources-Ltd
ARX-T
Darren Sissons

There has been a big decline in energy prices. This is a very good management team.  The dividend is sustainable at current levels.  They have exposure to all the right markets.  A balanced portfolio.  Longer term this will make some money.

Price:
$29.250
Subject:
GLOBAL LARGE
Bias:
BULLISH on RESOURCES
Owned:
Yes
2014-11-20 TOP PICK Brookfield-Asset-Management--A-
BAM.A-T
Hank Cunningham

3.95% bonds maturing Apr 9/19. One of the themes in his 3 picks is quality. He is taking cautionary measures to guard against BBB bonds starting to underperform the market. Also, preservation of capital in these very low rates is #1 in his mind.

Price:
$55.340
Subject:
FIXED INCOME
Bias:
UNKNOWN
Owned:
Yes
2014-11-20 TOP PICK BCE-Inc.
BCE-T
Hank Cunningham

3.25% bonds maturing June 17/20. One of the themes in his 3 picks is quality. He is taking cautionary measures to guard against BBB bonds starting to underperform the market. Also, preservation of capital in these very low rates is #1 in his mind.

Price:
$53.220
Subject:
FIXED INCOME
Bias:
UNKNOWN
Owned:
Yes
2014-11-20 TOP PICK Callaway-Golf
ELY-N
Darren Sissons

(Top Pick Dec 05/13, Down 2.82%) The turnaround is about half way through.  We had a dismal summer last year and then a poor winter.  Longer term restructuring stories are the kind of animal that are lumpy, but when they work they work well so he is happy to hold this.  The US middle class tend to be golfers.  New product introduction benefits them as does the new CEO’s turning the company around.  There should be more upside.  You see a lot of young guys on courses in Florida. 

Price:
$7.570
Subject:
GLOBAL LARGE
Bias:
BULLISH on RESOURCES
Owned:
Yes
2014-11-20 TOP PICK TSX-Group
X-T
Hank Cunningham

3.25% bonds maturing Oct 3/18. One of the themes in his 3 picks is quality. He is taking cautionary measures to guard against BBB bonds starting to underperform the market. Also, preservation of capital in these very low rates is #1 in his mind.

Price:
$52.650
Subject:
FIXED INCOME
Bias:
UNKNOWN
Owned:
Yes
2014-11-19 TOP PICK Badger-Daylighting
BAD-T
Bruce Campbell (2)

Had a great run. Have phenomenal margins of over 25%. A very profitable company. They manufacture and operate hydro-vac trucks that are used to excavate, using water and a vacuum. Half their business is in oil/gas, as well as pipelines and utilities. Last summer they announced they were reducing the number of trucks they were building, from 5 down to 4, and the market got very concerned. Also, had a bit of a stumble with their earnings. The most recent numbers show that the margins and earnings are back up. They now have a solid plan in place, where they are going to double the number of trucks in the US from 450 to 900 in the next 5 years. Dividend yield of 1.1%.

Price:
$32.280
Subject:
CANADIAN
Bias:
BULLISH
Owned:
Yes
2014-11-19 TOP PICK Google
GOOGL-Q
John O'Connell, CFA

Has owned this for quite some time. A wonderfully innovative company. 80% of all cell phones operate on their system. Has a great balance sheet. Visionary leadership that doesn't pay themselves a penny. They are able to attract outstanding talent. A lot of the things that they are working on, like autonomous driven cars, are coming to fruition. These are the kind of guys that are making things happen. They are creating the demand. The YouTube site has not been really monetized as much as it probably could be. Trading at about 18X forward earnings. For company this size, growing this well, with that many opportunities, and a dominant position in so many industries, it is incredibly good value.

Price:
$547.200
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-11-19 TOP PICK Intertain-Group
IT-T
Bruce Campbell (2)

Online gambling. This was spun out of Amaya Gaming (AYA-T) and they still have a relationship with them where Amaya is guaranteeing some revenue for them. A big part of their market is in Bingo. Amaya is in the poker market, which is much more fickle as the players tend to move around from one site to the next. Bingo brings in a different demographic of more females. Made a number of acquisitions in the last couple of months, with several more they are working on. Fairly cheap here. Wouldn't be surprised if Amaya came back in and bought them back.

Price:
$14.130
Subject:
CANADIAN
Bias:
BULLISH
Owned:
Yes
2014-11-19 TOP PICK Kelt-Exploration
KEL-T
John O'Connell, CFA

(A Top Pick Dec 5/13. Down 1.26%.) Has grown its production per share by around 200% plus. Cash flow has grown by a huge amount. Stock has gone down because oil prices are down. Predominantly a natural gas producer. Very, very well run. Producing about 15,000 barrels per day and is going to grow its production next year. Has announced that it is going to reduce its spending budget a little bit next year, but not substantially. Balance sheet is in excellent shape. At these prices, it represents excellent value.

Price:
$9.380
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-11-19 TOP PICK Artek-Exploration
RTK-T
John O'Connell, CFA

This is a reasonably high risk. Have a large amount of very attractive land in the Montney area in north-eastern BC. Big, big partners. Drilled a couple of bad wells and have some execution problems. Got rid of some people. Just drilled a well a little while ago, that was the best ever condensate well in BC. Somebody just bought a huge amount of land at $130 million right beside them. If you ascribe that $130 million value to this company's land, you get about a $350 million value plus production of about $150 million. Trading around $250 million enterprise value. If they keep executing, he doesn't think this company will remain a public company more than a year.

Price:
$2.820
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-11-19 TOP PICK Terra-Firma-Capital
TII-X
Bruce Campbell (2)

Specialized financing for real estate. Management used to operate the IPC Reit before they sold it in 2007. They try to get equity like returns on a debt like structure. Thinks they can earn as high as $0.10 a share next year. Putting a conservative 10X multiple on that, the stock is at around $1.20. Just hired someone from Tricon (TCN-T) who looked after their US operations for a number of years. His focus will be going into the US and try to build out the business down there.

Price:
$0.740
Subject:
CANADIAN
Bias:
BULLISH
Owned:
Yes
2014-11-18 TOP PICK ATS-Automation
ATA-T
Andrew Hamlin

Automation, and as companies globally are trying to be more productive, they are turning to technology, and manufacturing companies are turning to automation. For Canadians, this is a great way to get exposure to that growing trend of automation. Started to focus more and more on service revenue, which is stickier and higher-margin, so they are going to do quite well here. The trend catalyst for the stock is M&A. Free cash flow is good. Leverage is at 2.9 times and will come down through this period of industrial production. It's getting a fair bit of revenue from overseas. This is one of the smaller players, so there is a bit of risk to it.

Price:
$14.400
Subject:
NORTH AMERICAN - INCOME
Bias:
BULLISH
Owned:
Yes
2014-11-18 TOP PICK Catamaran-Corp.
CTRX-Q
Michael Bowman

A pharmacy benefits management company. They just signed a huge deal with Sigma and the stock has kind of faltered after that because they spent a lot of time and money to get this on the road. Now everything is fine. EBITDA for the last three quarters shows that the company is doing a great job of managing revenue. He can see this as being a very large growth area. Because they are smaller than their biggest competitor, Express Scripts (ESRX-Q), he thinks there is going to be more impact. Bought another company called Salveo Specialty Pharmacy, which was immediately accretive.

Price:
$49.220
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BULLISH
Owned:
Yes
2014-11-18 TOP PICK Discover-Financial-Services-LLC
DFS-N
Andrew Hamlin

There are a number of ways to play credit cards, but he wants exposure to the credit card that has the best position for better consumer spending, job growth and wage growth. This company fits that bill. They offer a “no fee” credit card to the middle-income segment of the US economy. Offers a very good customer service and rewards program that the middle-income earner doesn't normally get. Very strong loan growth. Compared to regional banks it has a higher ROE, higher net interest margin, and yet it trades below an earnings multiple to the regional banks. Feels there is significant growth here.

Price:
$64.980
Subject:
NORTH AMERICAN - INCOME
Bias:
BULLISH
Owned:
Yes
2014-11-18 TOP PICK FT-AlphaDEX-US-Consumer-Staples
FHC-T
Michael Bowman

Has looked at Staples and Discretionary for the last 5 years. The thought has always been that in difficult times we want to own staples, and when things get better we want to own discretionary stocks. In reality, in the difficult times of 2007-2008 and following through to the good times, staple stocks never really declined. This is based on the Alphadex system that was developed in the US, where they look at all the consumer staple stocks in the US, rate them all with some growth and value characteristics, and give them a score. (Top and bottom quartiles are included.)

Price:
$21.320
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BULLISH
Owned:
Yes
2014-11-18 TOP PICK Greenbriar-Cos.
GBX-N
Michael Bowman

This company is in a perfect storm here. Have a backlog of 43,000 railcars. Have 4 divisions. They make them, repair and refurbish wheels, provide leasing and finance for railcars and also have software to manage railcars. A fantastic company. There is a bumper crop of grain that we need railcars for. We have oil that we need railcars for. Dividend yield of 0.94%.

Price:
$64.450
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BULLISH
Owned:
Yes
2014-11-18 TOP PICK Veresen-Inc
VSN-T
Andrew Hamlin

Anything in energy, people don't really care about, but it creates an opportunity here. Pipelines and utilities kind of get lumped into that. This is a top quality company, with some massive growth opportunities over the next 5-7 years. Some of the growth opportunities in the US and Canada are going to make the stock stand out over the next few years. Yield of 5.43%.

Price:
$18.850
Subject:
NORTH AMERICAN - INCOME
Bias:
BULLISH
Owned:
Yes
2014-11-17 TOP PICK First-United
FUNC-Q
Benj Gallander

Small bank with 25 branches.  No dividend anymore and he thinks they start to pay one again by 2016 or earlier  Did not increase their share count during the recession.  They can certainly support a dividend.  It should do well.

Price:
$8.495
Subject:
CONTRARIAN INVESTING
Bias:
CONTRARIAN
Owned:
Yes
2014-11-17 TOP PICK CGI-Group--A-
GIB.A-T
John Wilson

(A Top Pick Feb 11/14. Up 19.46%.) Got held back a little bit earlier this year on the Obama Care website fiasco, which really didn't impact their business at all, but was more of a sentiment thing. The underlying business is developing pretty much exactly the way he had hoped and expected. Margins and cash flow are proving to be better than people had thought. Also, thinks we are just a year away from the next good acquisition.

Price:
$41.000
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
Yes
2014-11-17 TOP PICK Harmony-Gold-Mining-Co-Ltd
HMY-N
Benj Gallander

South African mining company.  Their cost was quite reasonable.  They lost a little this past quarter.  Management is very experienced.  Don’t pay a dividend any more.  As the price of gold recovers, so should they.  Their balance sheet is quite good as mining companies go.  It’s a nice pick in the gold sector.

Price:
$1.750
Subject:
CONTRARIAN INVESTING
Bias:
CONTRARIAN
Owned:
Yes
2014-11-17 TOP PICK Intercontinentalexchange-Inc.
ICE-N
John Wilson

This company runs the futures exchanges. They also own the New York Stock Exchange. They benefit from volumes and volatility, of which there has been none in the last little while. As the Fed exits QE 3 and as policy rates start to normalize, he thinks volume will come back into financial markets and this company will be the primary beneficiary. Thinks it can work through $300 in the next couple of years.

Price:
$222.200
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
Yes
2014-11-17 TOP PICK Iteris-Inc
ITI-A
Benj Gallander

Traffic flow management.  No debt.  Revenues went up nicely last quarter.  Accounting problems recently were rectified.  He could see it doubling.  A well managed company with a fine balance sheet.

Price:
$1.840
Subject:
CONTRARIAN INVESTING
Bias:
CONTRARIAN
Owned:
Yes
2014-11-17 TOP PICK NXP-Semiconductors
NXPI-Q
John Wilson

The fact that they are partner with Apple was part of his thesis, but he sees 3 strong things going for it moving into 2015. 1.) They have the iPhone 6 which gave them a bigger dollar content than they had in the 5. They are the chip that enables Apple Pay. Apple made a really important announcement in China on their mobile payment platform. That same technology can be brought into the iPad and even the iWatch eventually. 2.) Beyond that, they are one of the leading providers of networking technology inside cars. There is a whole ramp of car technology coming in terms of car to car communication. 3.) The final thing is that the US is going to start issuing chip cards for Visa and debit cards. The company has a target of getting to $8 in earnings in the next 3 years or so.

Price:
$74.370
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
Yes
2014-11-14 TOP PICK Agnico-Eagle-Mines
AEM-T
Jaime Carrasco

(A Top Pick Dec 20/13. Up 5.93%.) Loves the operational performance of this company. It just doesn't show up on the stock. In their last quarter earnings, they reported a write-down on a lot of their CapX in Alaska. They are actually acquiring a lot of companies. Good management.

Price:
$28.310
Subject:
RESOURCE, UTILITY & REITs
Bias:
UNKNOWN
Owned:
Yes
2014-11-14 TOP PICK Element-Financial
EFN-T
Zachary Curry

This is a non-bank financial which provides some diversification. Their earnings were great, slow and steady. On a valuation basis, it is cheaper than its peers, but also the growth rate is higher than the earnings multiple, which is always a great sign when you can buy something for less than what it is growing at. Balance sheet is in great shape.

Price:
$13.880
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
Yes
2014-11-14 TOP PICK Google
GOOGL-Q
Zachary Curry

Doing great things. Not necessarily focused on advertising although the bulk of the revenue comes from that. Lots of neat projects underway that could develop into bigger things. The main focus for him is the shift from advertising into mobile. Likes their tighter control of the Android operating system, which could make a good competitor for the IOS system.

Price:
$555.190
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
Yes
2014-11-14 TOP PICK Toscana-Energy-Income-Corp.
TEI-T
Jaime Carrasco

This is a royalty play, so there's hardly any management risk to it. It flows out of the ground, the government takes their royalty and this company takes its royalty. Dividend is very safe. The nice thing is that management has almost $40 million in cash that it can spend on other properties. For every $1 they have spent in the past, they have usually seen a $2 return. Yield of 13.34%.

Price:
$12.140
Subject:
RESOURCE, UTILITY & REITs
Bias:
UNKNOWN
Owned:
Yes
2014-11-14 TOP PICK Tourmaline-Oil-Corp
TOU-T
Zachary Curry

(A Top Pick Nov 19/13. Up 3.8%.) Currently it is a little over 60% gas and 40% oil. Released some great 3rd quarter numbers and hit the ball out of the park. Good production growth, the best in their history. Market is not reflecting this. Outstanding management and good balance sheet. Can produce natural gas at full cycle under $3 per MCF.

Price:
$43.380
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
Yes
2014-11-14 TOP PICK Veresen-Inc
VSN-T
Jaime Carrasco

Likes the pipelines that are actually adding capacity. This one is building an LNG plant in Oregon. Once it is built, it is going to add quite a lot of revenue going forward. In the meantime, you get a dividend yield of 5.48%, which is higher than the other pipelines. With all of these plays, pension money needs to find yield in this whole interest rate environment, and that is going to give some backing to all these plays.

Price:
$18.250
Subject:
RESOURCE, UTILITY & REITs
Bias:
UNKNOWN
Owned:
Yes
2014-11-13 TOP PICK Brookfield-Property-Partners
BPY.UN-T
Derek Warren

Brookfield empire has always been criticized for being complicated, so they are trying to silo everything into individual companies. This is the “property” part, with a large portion of its assets being downtown Manhattan, LA, London etc., along with a very good industrial property. Also, have some value added deals where they buy bankrupt hotels and turn them around, etc. It has the growth angle through capital allocation. Quite a decent yield. Trading below NAV. Any time you get something that is cheap with a good yield and growth opportunities, it is a great opportunity. Yield of 4.33%.

Price:
$26.170
Subject:
REIT's
Bias:
BULLISH on REITs
Owned:
Yes
2014-11-13 TOP PICK Cameco-Corporation
CCO-T
Mohsin Bashir

There was a lot of psychological element as to what the spot price of uranium was doing.  This is one of the biggest producers in the world.  Long life, low costs assets.  Japan is now able to restart two reactors.  CCO-T can drive growth.  Operational issues are now resolved.  As they bring on new contracts, it will be positive.

Price:
$20.760
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
Yes
2014-11-13 TOP PICK Fluor-Corp.
FLR-N
Mohsin Bashir

You can pick this up on weakness and see it trade up to the mid to high teens.  Margins are much better on their energy and infrastructure projects.  The book to bill ratio dropped close to 1 and so is weaker right now, but the overall trajectory is positive.

Price:
$65.090
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
Yes
2014-11-13 TOP PICK InterRent-REIT
IIP.UN-T
Derek Warren

A small apartment REIT focused in the Ottawa district. Thinks this is cheap because it doesn't scan so well, but they actually have 7% of their portfolio in one very large redevelopment position, where they have emptied the entire building. As they finish this renovation going on to Q1 and Q2 in 2015, and they start to lease up the building in 2015 and into 2016, there is a tremendous amount of cash flow that is going to come online. In the past had double-digit FFO growth. After a one-year pause, they will be able to continue that in the future. Yield of 3.4%.

Price:
$5.890
Subject:
REIT's
Bias:
BULLISH on REITs
Owned:
Yes
2014-11-13 TOP PICK Pure-Multi-Family-REIT-LP
RUF.U-X
Derek Warren

This is one of those orphan companies. Very small with about a $130 million market cap. Trades in US or Cdn dollars on the Cdn exchange. Has kind of been forgotten in the shuffle. In the hottest market
in the apartment sector, i.e. Texas. Trades at a double digit discount to NAV. If you can wait a while, the market has to recognize its value. Yield of 8.28%.

Price:
$4.530
Subject:
REIT's
Bias:
BULLISH on REITs
Owned:
Yes
2014-11-13 TOP PICK Trans-Canada-Corp
TRP-T
Mohsin Bashir

A republican senate is positive for TRP-T, but there are plenty of home grown opportunities.  Keystone would be an added benefit.

Price:
$56.450
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
Yes
2014-11-12 TOP PICK AGT-Food--and--Ingredients
AGT-T
Brendan Caldwell

This company provides vegetable-based proteins, a lot of pulses and a lot of beans, into food products. This has tremendous exposure to the US with distribution to Kraft (KRFT-Q) and a lot of the other US food companies. With the interest in growth of gluten-free foods, their business has taken off. Dividend yield of 2.25%.

Price:
$27.100
Subject:
CANADIAN VALUE
Bias:
UNKNOWN
Owned:
Yes
2014-11-12 TOP PICK Canadian-Natural-Rsrcs
CNQ-T
Paul Gardner, CFA

2.17% dividend.  He sold BCE-T to buy this position.  This is a great opportunity to own some really cheap assets.  Oil prices are stable out West relative to WTI. 

Price:
$41.910
Subject:
FIXED INCOME, LARGE CAP DIVIDENDS AND REITS
Bias:
BULLISH
Owned:
Yes
2014-11-12 TOP PICK DH-Corporation
DH-T
Brendan Caldwell

Cheques are now just a small component of their business. They provide electronic processing for so much financial services, including mortgages, payables, accounting, etc. Just made a US acquisition so that now 50% of their revenue will be coming out of the US. Dividend yield of 3.57%.

Price:
$36.100
Subject:
CANADIAN VALUE
Bias:
UNKNOWN
Owned:
Yes
2014-11-12 TOP PICK Magellan-Aerospa
MAL-T
Brendan Caldwell

Bombardier (BBD.B-T) has had its struggles. Has to both develop a product and sell it. This company has some very high quality products and can play both sides off against the middle. They supply everybody. Demand for new aircraft has been significant. The concern is that with energy prices coming lower, a lot of what has driven the demand for new aircraft is the new fuel efficient designs that a lot of manufacturers have incorporated. Dividend yield of 1.62%.

Price:
$13.770
Subject:
CANADIAN VALUE
Bias:
UNKNOWN
Owned:
Yes
2014-11-12 TOP PICK Mainstreet-Equity-Corp
MEQ-T
Paul Gardner, CFA

(Top Pick Feb 11/14, Up 9.93%) Very little vacancy.  Apartment buildings out west where there is net migration there, there are no rent controls and there are low vacancies.  A lot of assets in Edmonton.  Trades at a significant discount to its NAV.

Price:
$40.170
Subject:
FIXED INCOME, LARGE CAP DIVIDENDS AND REITS
Bias:
BULLISH
Owned:
Yes
2014-11-12 TOP PICK Tricon-Capital-Group
TCN-T
Paul Gardner, CFA

It has US assets so you benefit from the Canadian dollar.  They just made an acquisition that has added to their assets.  They buy individual, distressed homes in the Southern US.  This is incredibly cheap, a 15% discount to its NAV.  Their management fees keep going up.  It is the US housing market, but a Canadian name.

Price:
$8.090
Subject:
FIXED INCOME, LARGE CAP DIVIDENDS AND REITS
Bias:
BULLISH
Owned:
Yes
2014-11-11 TOP PICK Acadian-Timber-Corp
ADN-T
Bill Carrigan

Hitting a new 52-week high today. Thinks this works higher. An overlooked stock, which is a good sign.

Price:
$15.730
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
No
2014-11-11 TOP PICK CAE-Inc
CAE-T
Bill Carrigan

(A Top Pick March 18/14. Down 2.77%.) There are not a lot of aerospace choices in Canada. He had picked this one because it was a pure play. Thinks that very soon we are going to make another 52-week high, and then we get a clear breakout. A weaker Cdn$ will probably help.

Price:
$14.480
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
No
2014-11-11 TOP PICK Chartwell-Seniors-Housing
CSH.UN-T
Christine Poole

The leading seniors housing operator in Canada. About 80% of their suites are in Canada with 20% in US. Have refocused by selling off non-core properties in the US and putting the money back into Canada. She likes the demographics. We are all living longer. The population of seniors, 75+, is going to be growing at 3 times the general population rate. The penetration of seniors housing is quite low. Yield of 4.66%, but they are at the point where they could be increasing this in the next year.

Price:
$11.570
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2014-11-11 TOP PICK Walt-Disney
DIS-N
Christine Poole

A media conglomerate and content provider. Stock has pulled back a little. ESPN just signed a new affiliate agreement this past year, so going forward she expects an improvement in revenues. There is a lot of momentum behind some of their movies. When the studio does well, this is a real positive for their other businesses, such as parks and resorts, because they can leverage off those themes. Have also been putting some money in to improve some of the attractions in their resorts, which is helping to drive traffic as well as spend. Disney Shanghai is opening at the end of 2015, but after that, she expects their CapX to be moderating.  

Price:
$89.980
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2014-11-11 TOP PICK Lundin-Mining-Corp.
LUN-T
Bill Carrigan

The “back end of the market” is the deep cyclicals, industrials and metals. In the miners, inventory is thin and it is an overlooked sector. Thinks the stock is in the perfect spot. Chart shows a series of higher lows from 2011. Doesn't see a lot of downside.

Price:
$5.520
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Yes
2014-11-11 TOP PICK PPG-Industries
PPG-N
Christine Poole

A global coatings company. In the last few years they decided to focus on performance coatings, coatings in aerospace. They do all the painting for Airbus and Boeing planes. Made a few acquisitions in-house paints to gain share. Also, have industrial application, and automotive coating with strong share in the US, China and Europe. Recently announced an acquisition of a Mexican company that is a leading paint manufacturer. Yield of 1.3%.

Price:
$205.260
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2014-11-10 TOP PICK Absolute-Software-Corp.
ABT-T
Robert McWhirter

Makes firmware embedded security, particularly for laptops and tablets as well as for the management of computer and mobile devices. New CEO. Reported 10% sales growth. Free cash flow yield of 2.7%. Cash of $80 million is 23% of their market cap. Cash flow is expected to grow at 17% in 2015, and accelerate to 19% for the June/16 year. Shares are trading at an enterprise value of 7X. Looks reasonably priced.

Price:
$7.180
Subject:
CANADIAN & TECHNOLOGY
Bias:
BULLISH on SMALL CAPS
Owned:
No
2014-11-10 TOP PICK AGT-Food--and--Ingredients
AGT-T
Joey Mack

Second lien notes. 9% yield. Feb. 14, 2018. These bonds have a prior claim on the assets. It has had a good run, but still a good yield. Thinks they will get called out early.  

Price:
$26.850
Subject:
FIXED INCOME
Bias:
Bullish on Fixed Income
Owned:
Yes
2014-11-10 TOP PICK Descartes
DSG-T
Robert McWhirter

A global logistics software company, with high recurring revenue. Has been about half as volatile as compared to the market, with a five-year beta of 0.4. Also, has a low earnings variability that has an attractive rank of A-. Cash flow was up 13% year-over-year to 3.6%. Cash is about 12% of its overall market. Cash flow is forecast to grow at 16% for January for the 2000 (?) fiscal year and ranks in the top 10% of his Quant model.

Price:
$17.000
Subject:
CANADIAN & TECHNOLOGY
Bias:
BULLISH on SMALL CAPS
Owned:
No
2014-11-10 TOP PICK Prometic-Life-Sciences-Inc.
PLI-T
Robert McWhirter

Manufacturing company with a bonus of having a drug called PBI4050, which supposedly works better than Intermune, and works even better in combination with the Intermune product. Have proprietary filtering technologies used for large-scale purification of drugs. They use their technology to extract plasma from blood. There are 3 proteins that they are extracting from the plasma including plasminogen, IBIG and AANT. Market cap of just under $1 billion.

Price:
$1.890
Subject:
CANADIAN & TECHNOLOGY
Bias:
BULLISH on SMALL CAPS
Owned:
Yes
2014-11-10 TOP PICK Rona-Inc
RON-T
Joey Mack

5.4% Bond maturing Oct 20, 2016. They are continuing to chug along and make money. It is a lot compared to the Government of Canada bonds.  

Price:
$13.660
Subject:
FIXED INCOME
Bias:
Bullish on Fixed Income
Owned:
Yes
2014-11-10 TOP PICK Sherritt-International-Corp.
S-T
Joey Mack

Sherrit 8% bonds maturing Nov. 15, 2018. Sold their coal business and restructured their balance sheet. This is the shortest term maturity the company has. It is a good time to take a look at them because of the balance sheet restructuring.

Price:
$2.600
Subject:
FIXED INCOME
Bias:
Bullish on Fixed Income
Owned:
Yes
2014-11-07 TOP PICK Crescent-Point-Energy-Corp
CPG-T
Michael Decter

Outstanding CEO. Likes the management team. Just reported and they are through 140,000 barrels a day. Dividend of 7.46%, which he believes is sustainable. Have done a lot of tuck-under acquisitions and thinks they will do more organic growth. Have pretty good core areas. They own their own infrastructure, so they own rail terminals and are shipping more than half of the oil they produce by rail to very specific refineries, where they get a good price.

Price:
$36.810
Subject:
CANADIAN
Bias:
BULLISH
Owned:
Yes
2014-11-07 TOP PICK Dow-Chemical
DOW-N
Michael Decter

This company made a big switch. They were in commodity businesses that had low margins. Decided to shed some of their historic businesses and go into higher value chemical products that have higher margins. Low raw material costs pushed up margins for the 9th straight quarter in the plastics business. Have a lot of room to the upside. Yield of 2.99%.

Price:
$49.500
Subject:
CANADIAN
Bias:
BULLISH
Owned:
Yes
2014-11-07 TOP PICK Keyera-Corp
KEY-T
Michael Decter

Has had terrific growth, and more than that it has about $1.7 billion of growth projects locked into 2017, which gives them a continuation of their really strong growth which they've had in earnings. Up 88% in the quarter over last year. Their EBITDA growth should continue to be strong double-digit. Not just extracting natural gas liquids and selling them that way, but are into much more complicated things that give them a range of markets. Dividend yield of 2.74%.

Price:
$94.370
Subject:
CANADIAN
Bias:
BULLISH
Owned:
Yes
2014-11-07 TOP PICK Tata-Motors-Ltd.
TTM-N
Keith Richards

(A Top Pick Sept 30/14. Up 6.47%.) This is probably his favourite stock. Besides the tiny little cars they manufacture in India, they also own a huge industrial machine manufacturing company, and Jaguar Land Rover. Thinks it has plenty of upside. Chart shows a long-term uptrend and starting to break out. This is probably going to be an uptrend for a few years. On any uptrend, you buy on the dips.

Price:
$46.540
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Yes
2014-11-07 TOP PICK SPDR-Technology-ETF
XLK-N
Keith Richards

Technology. He really likes this sector. This is a great way of playing the big US technology stocks. They have been leading group through most of the bull market. He is seeing new highs on this and money flow moving into the technology sector. Some of the big components such as Microsoft, are breaking out of 10-12 year sideways patterns.

Price:
$40.840
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Yes
2014-11-07 TOP PICK China-Equity-Hedged-to-Cdn-ETF
ZCH-T
Keith Richards

This ETF will hold nothing but ADRs. The accounting standards on ADRs fit international standards, so you are not going to get zinged by some obscure Chinese accounting methodology on some company. Chart shows it had formed a base in 2012-2013 and broke out upwards and then based again and is now starting to break out. Has a decent pattern. Overall, this looks okay.

Price:
$18.180
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Yes
2014-11-06 TOP PICK Carmike-Cinemas-Inc.
CKEC-Q
Colin Stewart

CGX-T said they are not interested in expanding outside of Canada but there is no room left in Canada for them. CKEC-O’s valuation is 5-6 times vs. CGX-T being double that.

Price:
$28.070
Subject:
NORTH AMERICAN - LARGE
Bias:
Bullish on Canadian Equities
Owned:
Yes
2014-11-06 TOP PICK DeeThree-Exploration
DTX-T
Mason Granger

Bought this recently because he felt the stock got too cheap. US investors pile into Canadian stocks, and then exit in a less than graceful way. He had felt that one of the top shareholders was liquidating their position, so he used the weakness to Buy. Delivered over 40% per share growth through light oil over the last number of quarters. Have a significant inventory in 2 core plays that should give them a depth of low risk development drilling for years to come. They have done this with very modest debt levels. Trades at just over 4X on a debt adjusted cash flow basis.

Price:
$6.410
Subject:
CANADIAN ENERGY
Bias:
UNKNOWN
Owned:
Yes
2014-11-06 TOP PICK Hudson-Bay-Co.
HBC-T
Colin Stewart

Thinks they will spin some of the real estate out into a REIT and may sell the best properties directly, leasing them back. The retail operation is only trading at 4 times. The retail operations are actually improving. The outlook is pretty good. There are some catalysts coming in the next 6-12 months with what they will do with these real estate assets.

Price:
$15.250
Subject:
NORTH AMERICAN - LARGE
Bias:
Bullish on Canadian Equities
Owned:
Yes
2014-11-06 TOP PICK Spartan-Energy-Corp
SPE-T
Mason Granger

(A Top Pick Feb 20/14. Up 15.38%.) Their 3rd iteration and have made money every time. Following a formula of buying oily assets that have high net backs, moderate declines, good capital efficiencies, and they put the numbers on the board in terms of growth per share. They are looking for 30% growth in production every year. Debt to cash flow of 0.3 times. They are knocking the ball out of the park in terms of well rates they are bringing on stream in the 2nd half of this year. Well positioned to beat their numbers and blow through their exit guidance.

Price:
$3.000
Subject:
CANADIAN ENERGY
Bias:
UNKNOWN
Owned:
Yes
2014-11-06 TOP PICK Tuckamore-Capital-Management
TX-T
Colin Stewart

A turn around restructuring story. They took on too much debt originally. They have 6 different businesses, 4 of which they are likely to sell. They have an energy services company, and a demolition company, both of which are doing very well. As they sell them off they can pay down debt and restructure the balance sheet. Could be a double or triple over the next couple of years. There is some risk in this one, however. The management team owns a lot of stock.

Price:
$0.720
Subject:
NORTH AMERICAN - LARGE
Bias:
Bullish on Canadian Equities
Owned:
Yes
2014-11-06 TOP PICK Whitecap-Resources
WCP-T
Mason Granger

Very sustainable dividend. Have been very focused on maintaining a modest decline rate. When your decline rate on your production base is lower and your capital efficiencies on incremental drilling are really good, you have a better chance of delivering free cash flow that you can pay a dividend out of. That is exactly what they do. One thing that is under-appreciated is the rock solid hedging they have in place. In the first half of 2015, they have about 60% of their production hedged at close to $100 a barrel Cdn. Yield of 4.95%.

Price:
$15.140
Subject:
CANADIAN ENERGY
Bias:
UNKNOWN
Owned:
Yes
2014-11-05 TOP PICK Paramount-Resources
POU-T
Dennis Da Silva

Natural gas. Management doesn't pay themselves a salary. Well-run. Going from 20,000 BOE’s a day to 70,000 because of their new plant online. Thinks they are going to be at 125,000 by 2017 because they just raised $350 million, of which $150 million is going towards 2 new plants. Has tremendous growth ahead of itself. Look at this as a 2016-2017 growth story.

Price:
$45.700
Subject:
CANADIAN RESOURCE
Bias:
UNKNOWN
Owned:
Yes
2014-11-05 TOP PICK RMP-Energy
RMP-T
Dennis Da Silva

An infrastructure story that is going to grow from 9000 to 15,000 by the end of 2015, because of a battery they just built. They have been gas plant constrained, which will get done for the 1st quarter next year, and will grow to 22,000 BOE's for next year and going into free cash flow multiple generation.

Price:
$5.800
Subject:
CANADIAN RESOURCE
Bias:
UNKNOWN
Owned:
Yes
2014-11-05 TOP PICK Tourmaline-Oil-Corp
TOU-T
Dennis Da Silva

Natural gas. Can't say enough about management. It owns over 10%, and the president doesn't take a salary. Has always been at the top of the list for growth per share. They are poised for 35% growth in production next year and the year after. This is a top core holding for him.

Price:
$40.770
Subject:
CANADIAN RESOURCE
Bias:
UNKNOWN
Owned:
Yes
2014-11-05 TOP PICK Vanguard-MSCI-Emerg.-Mkt.-ETF
VEE-T
John DeGoey

In his estimation, emerging markets are the most under owned asset class in Canada. Canadians have too much Canadian equity and, in this market, probably too much income. Emerging markets are growing faster than any other part of the world and are still relatively under owned.

Price:
$28.900
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
Yes
2014-11-05 TOP PICK Vanguard-S-and-P-500-Index-ETF
VFV-T
John DeGoey

This is going to be a more targeted large cap sort of bias. Vanguard is starting to lower the costs on their products. It has a management fee 0.08 basis points. Crazy cheap.

Price:
$40.920
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
Yes
2014-11-05 TOP PICK Vanguard-FTSE-All-World-ex-Canada
VXC-T
John DeGoey

This is a product that just recently came out. It invests in 96% of the world outside of Canada. Canadians are guilty of home country bias. As investors, we need to find ways to get out of Canada and into other parts of the world.

Price:
$26.170
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
Yes
2014-11-04 TOP PICK Rakuten-Inc
4755-JP
Prakash Hariharan

A conglomerate that has effectively been gobbling up a lot of companies. Looks very interesting on account of the whole e-commerce space that is getting a complete re-rating in terms of multiples. A whole bunch of Japanese consumers, that are highly tech savvy, have a lot of this. This has a platform that makes it the Alibaba (BABA-N) equivalent in Japan. Over the next 6-8 months, as the e-commerce business grows in footprint, this will be able to post some better numbers.

Price:
$0.000
Subject:
GLOBAL DIVIDEND
Bias:
UNKNOWN
Owned:
Unknown
2014-11-04 TOP PICK Nippon-Antenna
6930-JP
Lorne Steinberg

This profitable specialty company that makes antennas, is not just trading at around 10X earnings with a 3.2% dividend yield, but is truly trading for less than its net cash. If they shut it down today and just distributed the cash and gave the company a way, you would still have a profit.

Price:
$0.000
Subject:
Deep Value Global Equities
Bias:
CAUTIOUS
Owned:
Yes
2014-11-04 TOP PICK Corning-Inc
GLW-N
Prakash Hariharan

There are a few things that line up for this company. It has had a big call option on Apple (AAPL-Q) for a while in terms of iPhone 6, etc with its Gorilla Glass. One of its competitors, Sapphire Group, pulled out. Dividend quality and dividend coverage and Price to Book, compared to its peer group, is trading at a huge discount. Thinks there is a catch up in terms of the value proposition that the stock offers over the next 1-2 years. Dividend yield of 1.95%.

Price:
$20.680
Subject:
GLOBAL DIVIDEND
Bias:
UNKNOWN
Owned:
Unknown
2014-11-04 TOP PICK Hewlett-Packard-Co
HPQ-N
Lorne Steinberg

Trading at less than 10X earnings. No net debt if you don't count the financing debt they use to finance equipment. Huge free cash flow generation. Company has returned to earnings growth. Thinks revenue growth will start next year. It will become a growth story again, to some degree, trading at an incredibly cheap valuation, probably $4 a share in the next couple of years. Recently announced they are going to split into 2 pieces, probably in 2015. Thinks this is a $50 stock. Yield of 1.78%.

Price:
$35.900
Subject:
Deep Value Global Equities
Bias:
CAUTIOUS
Owned:
Yes
2014-11-04 TOP PICK Manulife-Financial
MFC-T
Prakash Hariharan

Now a well run company compared to his past history. One big proxy has always been a rising interest-rate environment. Feels the value proposition, in terms of its growth in Asia and its footprint in a core business environment, looks interesting. Yield of 2.93%.

Price:
$21.220
Subject:
GLOBAL DIVIDEND
Bias:
UNKNOWN
Owned:
Unknown
2014-11-04 TOP PICK Royal-Dutch-Shell-PLC--A-
RDS.A-N
Lorne Steinberg

A big, global, energy company with good natural gas exposure. Natural gas prices are terrible in Canada but are much better in Europe, and it is a much more profitable business. A vertically integrated company so they are in the refining business as well, which has been a good place to be. Huge cash flow generation. A company this strong can take advantage of a very weak sector, because they will be a net acquirer of very cheap assets that other companies not financially sound will be forced to sell. 5.3% dividend yield.

Price:
$68.790
Subject:
Deep Value Global Equities
Bias:
CAUTIOUS
Owned:
Yes
2014-11-03 TOP PICK American-Financial-Group-Inc.
AFG-N
Norman Levine

A conservative name in an expensive market.  Not in everyday insurance.  Workers compensation, liability for lawyers, transportation equipment.  Highly profitable.  1.7% yield raised consistently.

Price:
$59.940
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2014-11-03 TOP PICK Bank-of-Nova-Scotia
BNS-T
Norman Levine

The only Canadian bank he owns.  It has the smallest domestic footprint.  They are big in emerging markets and are strong going forward.  3.87% dividend.

Price:
$68.780
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2014-11-03 TOP PICK CitiGroup
C-N
Gordon Reid

Just recently bought this. Government charges are starting to wane. Against its peers, this bank is very, very inexpensive. Trading at about 10X earnings, versus 13X for the 40 largest banks. Yield of 0.07%.

Price:
$53.470
Subject:
US EQUITIES
Bias:
UNKNOWN
Owned:
Yes
2014-11-03 TOP PICK Priceline.com-Inc.
PCLN-Q
Gordon Reid

Expecting $65 a share in earnings next year. Reporting tomorrow morning at 7 AM, and he expects good things. They are growing their gross bookings in the high 20% range.

Price:
$1198.520
Subject:
US EQUITIES
Bias:
UNKNOWN
Owned:
Yes
2014-11-03 TOP PICK SNC-Lavalin-Group-Inc.
SNC-T
Norman Levine

The company immediately got rid of people who were behind the scandal.  At the same time they brought in a lot of new business.  Bought a British oil stock and the recent oil price drop caused the stock to come down needlessly. 

Price:
$47.590
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2014-11-03 TOP PICK Tenneco-Inc.
TEN-N
Gordon Reid

They are in the exhaust and ride control, manufacturing business. Most of their business comes from the OEMs. There are about 16.5 million new vehicles produced every year in North America. He thinks this can grow to 18-18.5 million before the cycle is done. There is a strong catalyst in that the exhaust systems’ requirements become tighter and tighter in terms of emission controls. Trading at about 10X earnings. Great free cash flow yield.

Price:
$52.520
Subject:
US EQUITIES
Bias:
UNKNOWN
Owned:
Yes
2014-10-31 TOP PICK Vanguard-Large-Cap-ETF
VV-N
John Hood

(A Top Pick Oct 15/13. Up 20.77%.) This holds about 600 US stocks, and gives you a broad US exposure based on the S&P 500. Dirt cheap at about 7 or 8 basis points.

Price:
$92.586
Subject:
OPTION STRATEGIES & E.T.F.S
Bias:
BULLISH on US ECONOMY
Owned:
Yes
2014-10-31 TOP PICK George-Weston-Ltd.
WN-T
Hap (Robert) Sneddon FCSI

Controls Loblaw's (L-T) which just bought Shoppers. Fantastic brands. A reasonably boring company. Has a fantastic war chest and has to decide what it is going to do with its money. Recently, it has just broken out above a pretty significant level of $91.

Price:
$92.080
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Yes
2014-10-31 TOP PICK iShares-S-and-P-TSX-Equity-Income
XEI-T
John Hood

This used to be 55 basis points, which is very high. They chopped it along with a number of other ETF management fees down to 20 basis points. This is now yielding about 4.3% and he likes it. This has lots of growth in it.

Price:
$22.570
Subject:
OPTION STRATEGIES & E.T.F.S
Bias:
BULLISH on US ECONOMY
Owned:
Yes
2014-10-31 TOP PICK SPDR-Utilities-E.T.F.
XLU-N
Hap (Robert) Sneddon FCSI

Utilities have been hitting record highs. Usually they do well in softer environments, but in the last 2 months, they have shown great strength. Well above its uptrend and he is looking to add to his position. The market does really not believe that we've got escape velocity growth.

Price:
$45.470
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Yes
2014-10-31 TOP PICK SPDR-Health-Care-E.T.F.
XLV-N
Hap (Robert) Sneddon FCSI

Healthcare. Chart shows a V bottom this month. As a longer-term investor, he would like to hold this for a while. If it came back to the breakout level in the low $60, he would like to buy some more. Healthcare is a generational thing that we are just embarking on.

Price:
$67.270
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Yes
2014-10-31 TOP PICK BMO-S-and-P-TSX-Oil--and--Gas-ETF
ZEO-T
John Hood

You get a little more play on Trans Canada Pipe (TRP-T) and Enbridge (ENB-T), which he likes. This should work out very well because of Trans Canada Pipe leading the way on the Canada east contract. He thinks that is going to work out very well. This has lots of growth in it.

Price:
$14.340
Subject:
OPTION STRATEGIES & E.T.F.S
Bias:
BULLISH on US ECONOMY
Owned:
No
2014-10-30 TOP PICK Amgen-Inc.
AMGN-Q
Paul Harris, CFA

A biotechnology company, but looks more like a pharmaceutical company in his view. Trading at 18X earnings. Have some great products in their pipeline. Feels the stock is worth probably in the $200 range. Yield of 1.51%.

Price:
$161.580
Subject:
NORTH AMERICAN/GLOBAL
Bias:
BULLISH
Owned:
Yes
2014-10-30 TOP PICK Aecon-Group-Inc
ARE-T
Michael Bowman

They are in three different areas.  Trading a lot less than peers.  He likes the sector. 

Price:
$14.490
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BULL
Owned:
Yes
2014-10-30 TOP PICK Barclays-Bank-PLC
BCS-N
Paul Harris, CFA

Stock has been pushed down because of issues, that they will solve like a lot of the other banks did. Have a great retail franchise in the UK. Had a retail franchise in Europe which was poor, so they are getting out of those. Barclays credit card, although down, is a great asset to have. They have asset management. Also, have the investment bank, which has been their big problem. Had bought Lehman Brothers out of bankruptcy. Also, were very large in the fixed income side, which takes up a lot of capital. They are fixing those problems.

Price:
$14.380
Subject:
NORTH AMERICAN/GLOBAL
Bias:
BULLISH
Owned:
Yes
2014-10-30 TOP PICK Canadian-Natural-Rsrcs
CNQ-T
Paul Harris, CFA

Great Canadian oil company. Trades at 5X cash flow. About to throw off about $6-$7 billion free cash by about 2018. Great management. This pullback is a great opportunity to buy the stock. Yield of 2.35%.

Price:
$38.240
Subject:
NORTH AMERICAN/GLOBAL
Bias:
BULLISH
Owned:
Yes
2014-10-30 TOP PICK iShares-DJ-Medical-Devices-E.T.F.
IHI-N
Michael Bowman

This is the trend in the marketplace so buy the trend.  People who are aging are going to buy the hips, the knees and get the heart thing done.  All of these companies are expanding into Latin America and China. 

Price:
$106.590
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BULL
Owned:
Yes
2014-10-30 TOP PICK Precision-Castparts-Corp.
PCP-N
Michael Bowman

Forge and cast products, very complex products.  Likes it because these products are used for jet engines and turbines and in the automotive and oil and gas sectors.  The company is going to be in demand for their products.  Looking at 17% increase in next year’s earnings.  A classic industrial play.  He is looking for aviation to get better.

Price:
$221.310
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BULL
Owned:
Yes
2014-10-29 TOP PICK Jarden-Corp.
JAH-N
Don Lato

Owns brands like Coleman, Sunbeam, Rawlings Sporting Goods, and even Bicycle playing cards. Great company. Had a good run, but still only trading at about 14.5X next year's earnings. He considers it as almost a hedge on his overweight in the energy area. As you see oil and gasoline prices come down, it puts a lot of money in consumers’ pockets. 16% of their sales for various products goes through Wal-Mart.

Price:
$64.450
Subject:
NORTH AMERICAN
Bias:
BULLISH
Owned:
Yes
2014-10-29 TOP PICK KKR--and--Co.-LP
KKR-N
John Stephenson

Private equity. A phenomenal company. If you believe that markets are turning healthy and that the correction is behind us, you want to be in this alternative space. Has roughly half of its value on the balance sheet, so there is a lot of security. 30% of their business didn't exist 2 years ago and has yet to start earning meaningful fees. Yield of 8.01%.

Price:
$22.250
Subject:
NORTH AMERICAN - LARGE & RESOURCE
Bias:
BULLISH
Owned:
Yes
2014-10-29 TOP PICK Kohl-s-Corp
KSS-N
John Stephenson

 *SHORT*. They came out about a week ago and guided to lower same-store sales. Also, guided to lower earnings going forward. Thinks the overall department store sector in the US is a very mature sector, not a lot of growth. 50% of their revenue is branded and discounters are eating their lunch. Yield of 2.84%.

Price:
$54.440
Subject:
NORTH AMERICAN - LARGE & RESOURCE
Bias:
BULLISH
Owned:
Yes
2014-10-29 TOP PICK Parex-Resources-Inc.
PXT-T
Don Lato

(A Top Pick Nov 27/13. Up 73.93%.) Down 33% from its highs of just 6 months ago. Dirt cheap last year and still cheap today. Recently sold their Trinidad and Tobago properties to rededicate that money to Colombia. Had 56% production growth over the last year. Even with an oil price of $70, they will cash flow something like $2.50 next year. Trading at a little over 4X earnings. No debt and well-funded.

Price:
$10.670
Subject:
NORTH AMERICAN
Bias:
BULLISH
Owned:
Yes
2014-10-29 TOP PICK Toronto-Dominion
TD-T
Don Lato

Has been underperforming the others a little bit over the last 2 or 3 months. 6% off the high back in the summer. There may be some concerns over the change in leadership, but the new person stepping in has been with the bank for many years. Great exposure in the US. Huge deposit base there, that they will hopefully exploit. The multiple is back in line, if not lower than some of the others. 3.5% yield.

Price:
$54.370
Subject:
NORTH AMERICAN
Bias:
BULLISH
Owned:
Yes
2014-10-29 TOP PICK Westjet-Airlines
WJA-T
John Stephenson

A little more defensive than Air Canada and in better shape with newer planes and no unionization. Not only has there been a pullback in price on the stock, but there has been a pullback in fuel, which is the largest operating cost. On a forward basis, they trade from 4.5% to 7.5% X EBITDAR (the “R” is for plane rentals). Also, it has been oversold. Yield of 1.53%.

Price:
$31.580
Subject:
NORTH AMERICAN - LARGE & RESOURCE
Bias:
BULLISH
Owned:
Yes
2014-10-28 TOP PICK Alimentation-Couche-Tard--B-
ATD.B-T
Mike S. Newton, CIM FCSI

With the dislocation of resource stocks in Canada, he believes that names like this are going to see the benefit of outflows from that volatile sector. You also have their move of fresh foods rolling out into some of their stores. Yield of 0.48%.

Price:
$37.790
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BEARISH on ENERGY
Owned:
Yes
2014-10-28 TOP PICK Brookfield-Asset-Management--A-
BAM.A-T
Mike S. Newton, CIM FCSI

Diversified globally and extremely well-managed. This gives you a basket of really strong global assets. They will benefit from pension funds and governments that want to own solid vehicles. Their record of acquisitions has been very conservative. Cash flow continues to increase. Yield of 1.29%.

Price:
$54.050
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BEARISH on ENERGY
Owned:
Yes
2014-10-28 TOP PICK Gilead-Sciences-Inc.
GILD-Q
Mike S. Newton, CIM FCSI

Believes this company is reporting tonight. They have the hepatitis C drug, followed by a newer version. The 2nd version is selling like crazy within 95%-99% success rate. Making $25 billion in revenue. Very strong name. This is one that you should pick at. Maybe 1% today, watch the earnings tonight, and then do the other half tomorrow.

Price:
$113.450
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BEARISH on ENERGY
Owned:
Yes
2014-10-28 TOP PICK United-Parcel-Services
UPS-N
Brooke Thackray

The seasonal period is from October 10th to December 8th. This trade has worked 93% of the time and produced an average return of 8.1% since 2000. You don't want to wait until Christmas to exit; you want to get out before. Right at the peak when the whole delivery system occurs, around December 8th.

Price:
$102.900
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
OPTIMISTIC
Owned:
No
2014-10-28 TOP PICK SPDR-Industrial-E.T.F.
XLI-N
Brooke Thackray

This never really blows away the S&P 500, but it beats it on enough of a basis that it makes sense to do a trade. Typically you would get in now and hold it until at least the end of the year. From October 28th to the end of the year, it is up about 88% of the time, and has produced a 6% average return from 1990 to 2013.

Price:
$54.640
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
OPTIMISTIC
Owned:
Yes
2014-10-28 TOP PICK SPDR-Retail-ETF
XRT-N
Brooke Thackray

This is a retail ETF. Well diversified by holding approximately 1% in each of the retail companies. This is the time of year when you want to be in retail stocks, because the big event for retail is Black Friday, and you want to be in about a month ahead of time, and you want to Sell at about that time. Last year the retail sector underperformed right after Black Friday.

Price:
$87.400
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
OPTIMISTIC
Owned:
Yes
2014-10-27 TOP PICK Great-Canadian-Gaming-Corp
GC-T
Peter Hodson

Does not get a lot of attention.  16-17 casinos in Western Canada.  Earnings up more than 50% last quarter.  Great moves on the capital structure side.  They did a lot of share buybacks because they have too much cash flow.  In BC it is a regulated industry.

Price:
$19.100
Subject:
CANADIAN MID-LARGE & SHORT-LONG STRATEGIES
Bias:
UNKNOWN
Owned:
No
2014-10-27 TOP PICK Inter-Pipeline
IPL-T
Peter Brieger

Several criteria for tonight’s Top Picks are for solid assured cash flow growth and subsequent growth in distributions. There have been both with this company. This is basically a business that is involved with Take & Pay contracts for a major part of the business, or cost of service plus. Given the business that they have currently on the books, you are going to see a major increase in cash flow per share of about $1.40, and probably see 30% of that added to the current distribution. Feels the pipeline business in Canada is a growth business. Very good value. Yield of 3.68%.

Price:
$35.060
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-10-27 TOP PICK Precision-Drilling
PD-T
Peter Brieger

Sees upside of nearly 70%. This is one of North America’s leading drillers. They are really 2 separate businesses in Canada. The drilling associated with the potential LNG pipelines along with the rest of the western sedimentary basin. Rigs required to drill for LNG are very much more sophisticated than traditional. Yield of 3.07%.

Price:
$9.130
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-10-27 TOP PICK Toronto-Dominion
TD-T
Peter Brieger

(A Top Pick Oct 21/13. Up 20.82%.)  His favourite bank globally. Have had a great growth record in North America, and he thinks that will continue. Yield of 3.46%.

Price:
$54.200
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-10-27 TOP PICK Trimac-Transportation
TMA-T
Peter Hodson

11 or 12 times earnings and growth rate in the past was 50%.  Will benefit from better oil prices.  Business good.  Lots of repeat business.  50% owned by management.  Dividend is 4% with room to raise it.  Could be an acquisition candidate.

Price:
$7.010
Subject:
CANADIAN MID-LARGE & SHORT-LONG STRATEGIES
Bias:
UNKNOWN
Owned:
Yes
2014-10-27 TOP PICK Exco-Technologies
XTC-T
Peter Hodson

Products to the automotive industry.  Just won contracts in Germany.  Very well run company that flies under the radar screen.  They are doing so much better than the industry that they should get a better multiple than the industry.  Management owns a lot of stock.  Raised dividend not that long ago.

Price:
$10.250
Subject:
CANADIAN MID-LARGE & SHORT-LONG STRATEGIES
Bias:
UNKNOWN
Owned:
Yes
2014-10-24 TOP PICK Constellation-Software-Inc.
CSU-T
Jason Donville

(A Top Pick Oct 18/13. Up 61.96%.) His target price for the end of 2015 is $400. They are the best allocators. Have a strong balance sheet. If you are only going to own one stock in Canada right now, this would be it. Trading at 16.5X 2015 earnings, and is growing at 30% a year.

Price:
$295.590
Subject:
GROWTH & FINANCIALS
Bias:
OPTIMISTIC
Owned:
Yes
2014-10-24 TOP PICK Cipher-Pharmaceuticals-Inc.
DND-T
Jason Donville

We are in an environment right now where pharmaceutical companies are very hot commodities. You either have to acquire things or you have to be acquired. This company is attractive in both respects. Have a great lead drug for teenage acne which is doing very well. Also, have a lot of cash. This could simultaneously be a very attractive acquisition or they could turn around and use that cash to buy other things in their product offering. They have a lot of options right now. His guess is that we are going to get reconciliation one way or another in the next six months. They are either going to buy a bunch of stuff or going to get a big pop in their rating or get taken out by somebody at a higher price. Trading at 13X earnings with about a 35% ROE.

Price:
$11.600
Subject:
GROWTH & FINANCIALS
Bias:
OPTIMISTIC
Owned:
Yes
2014-10-24 TOP PICK Firstservice-Corp
FSV-T
James Telfser

Considers this as an anchor in financial services. Huge amount of recurring revenue from a lot of their brands. They manage residential buildings as well as owning a lot of interesting businesses. The crown jewel for them is their Colliers brand, which is selling businesses, but also managing portfolios of commercial buildings. This business has been growing in the low double-digits, and he expects it to continue. Margins have been growing. Dividend yield of 0.72%. A company that you can hold for many years and be rewarded.

Price:
$62.620
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Yes
2014-10-24 TOP PICK CGI-Group--A-
GIB.A-T
Jason Donville

The long-term on this company is that every year it has 20% ROE. Trades at 9.9X 2015 earnings. Well-managed and throws off a lot of cash flow. They buy back their stock. He is pretty comfortable that it will be 20% higher. It should be $8 higher in year’s time.

Price:
$37.470
Subject:
GROWTH & FINANCIALS
Bias:
OPTIMISTIC
Owned:
Yes
2014-10-24 TOP PICK New-Flyer-Industries-Inc.
NFI-T
James Telfser

Bus manufacturing. An interesting business that is quite stable. They sell a ton of buses into the US. The US has been making more and more money as the economy improves, and municipalities/states have been buying more buses. Likes the shift they are making into making acquisitions. Have bought a couple of companies over the last few years, including parts makers, and are getting to be a much more reasonable player in the after parts market business. EBITDA per unit, in this last quarter, blew analysts’ expectations away. Dividend yield of 4.55%.

Price:
$13.100
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Yes
2014-10-24 TOP PICK Sandvine-Corp.
SVC-T
James Telfser

Believes in their revenue growth story. This deep packet inspection, in being able to charge for different areas of your mobility and data plans, will ultimately benefit them down the road. Companies like Netflix or HBO will want to offer some kind of services, where they can pay for your data usage on those plans. World class products. 10% of their sales in the last quarter were from IBM (IBM-N). At these levels, your downside risk is very limited.

Price:
$2.780
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Yes
Showing 1 to 120 of 20,232 entries
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