|WAIT||$11.380||BULLISH o n CDN DIVIDEND STOCKS||CANADIAN DIVIDEND||No|
Everyone thought they would be in trouble when Wal-Mart (WMT-N) came into Canada. It actually drove traffic to this company. Target (TGT-N) seems to be Wal-Mart, but with fashion and this would be his concern. He wants to wait and see what Target does to Reitmans’ numbers. Strong balance sheet and the dividend is safe for the time being.
Sr. VP & CIO, NexGen Financial