Stockchase Recent Top Picks RSS Recent Top Picks by Experts en Wal-Mart Stores Inc. <p>A good example of a name that has been beaten up, which he thinks has done something really interesting. Thinks this is going to get to $79 from cost savings through 269 stores being shut and them focusing on their express, groceries and pharmacies.</p> Fri, 05 Feb 2016 00:00:00 -0500 Trans Canada Corp <p>A good place to get back into. It sort of represents a &ldquo;1<sup>st</sup> in/last out&rdquo; philosophy. The downtrend has been broken. They are trying to focus on liquid gases to diversify bases a little. Has a really nice dividend. His target a year from now is around $59.</p> Fri, 05 Feb 2016 00:00:00 -0500 Proctor & Gamble <p>This is a way to play the consumer staples sector where you are trying to get the best of the group. Has an upside target of around $97. The risk/reward is pretty good from here.</p> Fri, 05 Feb 2016 00:00:00 -0500 Transalta Renewables <p>The parent company Transalta (TA-T) keeps pushing their stuff down, and doesn&rsquo;t want to see them get into any trouble. Owns wind farms and some Hydro operations. Payout is high at 90%, but he is not concerned about the dividend. Dividend yield of 8.64%.</p> Fri, 05 Feb 2016 00:00:00 -0500 Linamar Corp <p>Low debt, good interest coverage and has a 7-8 times on a price to earnings basis going forward. Also, has good free cash flow which can be used to increase the dividend, buy back shares or make an acquisition. Dividend yield of 0.76%.</p> Fri, 05 Feb 2016 00:00:00 -0500 Metro Inc (A) <p>Trading around its market multiple on earnings, so is pretty comfortable with it. It also has a low <strong>debt</strong> level and good interest coverage. For uncertain times, this is a nice stable area where you won&rsquo;t see a huge amount of fluctuation in their revenue or earnings. 1.36% dividend yield.</p> Fri, 05 Feb 2016 00:00:00 -0500 Arc Resources Ltd <p>In exploration, development, crude oil, natural gas and natural gas liquids. They are in 5 core areas. One that they are putting a great deal of emphasis on is the Montney area, where they have had great success. Trading at 6 to 8 times price to cash flow. Has a very strong balance sheet and very good participation in their DRIP program. Dividend yield of 6.56%.</p> Thu, 04 Feb 2016 00:00:00 -0500 Bank of Nova Scotia <p>For a long time this bank had a premium valuation. With their exposure to South America, which is largely dependent upon mining, that valuation has come off quite a bit. Their main exposure is in Mexico, Chile, Peru and Colombia, and the view is that their GDP growth is likely to be under 3% for the next year or so. However, they are gaining market share there. Efficiency ratio is fairly strong, so it is a profitable region for them. Trading at about 1.4 X Book. Dividend yield of 4.82%.</p> Thu, 04 Feb 2016 00:00:00 -0500 Hudbay Minerals Inc. <p><span style="color: #ff0000;"><strong>(A Top Pick Feb 25/15. Down 70.84%.)</strong></span> The primary concern is what the pressure is going to be on their debt covenants at current copper prices. Given the production they have coming online in the next couple of years, you should see those covenants relax. Should finish this year with about $200 million in cash at least, and they still have fairly large credit facilities. There are also some good assets coming on stream. Dividend yield is 0.65%.</p> Thu, 04 Feb 2016 00:00:00 -0500 Gilead Sciences Inc. <p>His model price is double what it is trading at now.&nbsp; They have a HEP-C drug that cures for $90k per person.&nbsp; The market is overreacting to congress&rsquo;s desires with drug prices.</p> Thu, 04 Feb 2016 00:00:00 -0500 Apple <p>44% upside.&nbsp; They missed on their iPhone volumes.&nbsp; It is not devastating.&nbsp; His model price is still $138.&nbsp; He does not think you can get hurt here.&nbsp; The 2% dividend will probably go higher.</p> Thu, 04 Feb 2016 00:00:00 -0500 General Motors Corporation <p>Model price is 32% below the current price.&nbsp; GM is spinning off GE capital. Investors get to decide if they want Synchrony or GE.&nbsp; He thinks the valuation will go up substantially.&nbsp; 3.2% dividend.</p> Thu, 04 Feb 2016 00:00:00 -0500