canada stocks posts
FeedPosted Jul 13th 2009 11:00AM by Steven Halpern (RSS feed)
Filed under: International markets, Newsletters, Canada, Commodities, Oil, Stocks to Buy, Green Stocks
"Our focus this summer remains on building positions in the bombed-out natural gas market; there's no other commodity this depressed, this unwanted and trading at such distressed levels," says resource expert Eric Roseman.
In his industry-leading, The Commodity Trend Alert, he explains, "Indeed, the bombed-out natural gas sector is screaming 'buy'." Here, he looks at TransCanada Corp. (NYSE: TRP).
"The way prices have been heading over the last several months you'd think the world doesn't use this clean-burning fossil fuel anymore.
"Natural gas prices remain 70% off their 52-week high and more than 75% below their all-time highs almost four years ago when Hurricane Katrina smashed the Gulf of Mexico.
Continue reading TransCanada (TRO): Natural gas is a 'screaming buy'
Posted Jun 3rd 2009 1:40PM by Steven Halpern (RSS feed)
Filed under: International markets, Newsletters, Canada, Commodities, Oil, Stocks to Buy
"Certain commodities are getting hot again; both copper and gold have the wind at their backs in this market, while uranium has also caught our attention," says Brandon Clay.
In his Invest with an Edge, he explains, "One such company that should gain from a spike in gold, uranium, and copper is Vancouver-based Fronteer Development Group (NYSE: FRG).
"Uranium is a perennially despised substance with a back story in catastrophe, espionage, protests, and nuclear fallout. But this sometimes-sordid history may prove too weak an objection for the outstanding potential in uranium.
Continue reading Fronteer (FRG): Copper, gold & uranium
Posted May 4th 2009 12:40PM by Steven Halpern (RSS feed)
Filed under: International markets, Newsletters, Canada, Commodities, Stocks to Buy
"As the name suggests, Royal Gold (NASDAQ: RGLD) is a royalty company, one of the larger and longest-established of such companies, with a focus on gold," says resource exprt Adrian Day.
In his Global Analyst advisory, he explains, "In my view, the stock offers a combination of growth, low risk, and high potential." Here's his look at this "golden opportunity."
"In the past year, the company has acquired two significant royalty packages, the first last year from Barrick and more recently from Teck Cominco. The Barrick package includes approximately 70 royalties.
"Even before these acquisitions, it had a solid long-term growth record, in royalties and in revenues. Its pipeline is solid, including a royalty on the large Pensasquito mine of Goldcorp; when that ramps up in 2012, it will add about 25% to Royal's revenues.
Continue reading Royal Gold (RGLD): Royal play on gold royalties
Posted Apr 8th 2009 1:50PM by Steven Halpern (RSS feed)
Filed under: Newsletters, Canada, Commodities, Oil, Stocks to Buy, Green Stocks
"The global oil and gas majors have been brutally wounded since energy prices peaked last July," observes resources expert Eric Roseman.
In his Commodity Trend Alert, he explains, "We believe it's safe to start accumulating these companies again. We're buying one of the largest and best-managed natural gas companies in the world – Encana (NYSE: ECA)."
The advisor notes, "Based in Calgary, Alberta, Encana is Canada's largest natural gas distribution company based on stock market capitalization and natural gas production.
"ECA produces approximately 4.4 billion cubic feet of gas equivalent per day. More than 80% is natural gas - the cleanest burning of all fossil fuels.
Continue reading Encana (ECA): Time to buy natural gas?
Posted Jan 9th 2009 5:30PM by Steven Halpern (RSS feed)
Filed under: Newsletters, Mutual funds, Canada, Commodities, Stocks to Buy, Best Stocks for 2009
This post is part of a special annual report -- Top Stock Picks '09 -- in which TheStockAdvisors.com asked 75 leading newsletter advisors to select their favorite investment for the new year.
"We own several stocks in our portfolio that are selling for less than their book value and with a P/E ratio of less than 5 -- but the prize among bargains is Teck Cominco (NYSE: TCK), our most promising stock for 2009," says Neil Macneale.
In his 2 for 1 newsletter -- which initially buys stocks when they announce 2-for-1 splits, he says, "It would be hard to argue this company is not literally being given away."
Macneale explains, "I bought this stock for the 2-for-1 portfolio over a year and half ago and its stock price has declined by about 90% since then.
"The Canadian mining company produces copper, zinc, gold, and metallurgical coal. All assets are in North America except for most of its copper operations, located in Peru.
"With a PE ratio bouncing between 1 and 2, and a Price-to-Book ratio at around 0.3, you are getting a well-established (1906), well-run asset play for less than its book value, even if existing plant and reserve values are slashed by over 50%.
Continue reading Top Stock Picks '09: Teck Cominco (TCK)
Posted Jan 8th 2009 5:30PM by Steven Halpern (RSS feed)
Filed under: Newsletters, Canada, Commodities, Stocks to Buy, Best Stocks for 2009
This post is part of a special annual report -- Top Stock Picks '09 -- in which TheStockAdvisors.com asked 75 leading newsletter advisors to select their favorite investment for the new year.
"Virginia Mines (TSE: VGQ) is an old favorite that is ready to shine again," says Adrian Day. In The Global Analyst, he looks at the firm holding interests in mining entities.
"In the long-odds resource exploration business, Virginia has a better model: it generates prospects which it farms out to partners at an early stage.
"The partners earn in to the properties by spending the exploration dollars. This is the highest-risk part of the exploration process.
"By this model, Virginia is able to maintain its balance sheet and avoid the dilution that bedevils exploration companies. It can then build a portfolio of minority interests in multiple projects which increases its odds of eventual success.
Continue reading Top Stock Picks '09: Virginia Mines (VGQ)
Posted Jan 4th 2009 1:00PM by Steven Halpern (RSS feed)
Filed under: Newsletters, Canada, Stocks to Buy, Green Stocks, Best Stocks for 2009
This post is part of a special annual report -- Top Stock Picks '09 -- in which TheStockAdvisors.com asked 75 leading newsletter advisors to select their favorite investment for the new year.
"Like the U.S., Canada is looking to big infrastructure plans," says Roger Conrad. In The Canadian Edge, he looks to Bird Construction Income Fund (OTC: BIRDF) as his top pick for 2009.
The Canadian income stock specialist explains, "The U.S. isn't the only country about to pour billions into infrastructure; Canada is also making a big move. And Bird Construction will be a prime beneficiary of this infrastructure spending.
"Bird has been a dominant player in building design and construction services for more than 85 years. Today, the company literally has its hands in every province, supporting projects for everything from oil sands mining to school construction.
"Third quarter 2008 revenue surged 31.5%, pushing nine-month growth to 48.3% as earnings per share more than doubled from 2007 levels.
"Meanwhile, order backlog -- the best predictor of future growth -- rose to better than $1.2 billion (Canadian), up from $821 million a year ago and $969 million at the beginning of 2008.
Continue reading Top Stock Picks '09: Bird Construction Income (BIRDF)
Posted Jan 3rd 2009 1:00PM by Steven Halpern (RSS feed)
Filed under: Newsletters, Canada, Stocks to Buy, Green Stocks, Best Stocks for 2009
This post is part of a special annual report -- Top Stock Picks '09 -- in which TheStockAdvisors.com asked 75 leading newsletter advisors to select their favorite investment for the new year.
"If you're looking for a low-risk stock that's held up well in this dizzying market spiral, here it is: Fortis Inc. (TSE: FTS), my top pick for 2009," says Gordon Pape in The Canada Report.
"Fortis is trading at about the same level now in Canadian dollar terms as it was in early September. How many companies can say that?
"Don't confuse this with the troubled European financial giant of the same name. This Fortis is the largest investor-owned gas and electric distribution utility in Canada. Its regulated holdings include a natural gas utility in British Columbia and electric utilities in five Canadian provinces and three Caribbean countries.
"Third-quarter financial results were very strong and beat analysts' forecasts. Fortis reported net income of $49 million ($0.31 per share) compared to $31 million ($0.20 per share) in the same period of 2007 (figures in Canadian dollars). Year-to-date earnings were $169 million ($1.08 per share) compared to $114 million ($0.86 a share) for the first nine months of 2007.
Continue reading Top Stock Picks '09: Fortis (FTS.TO)
Posted Jun 18th 2008 12:45PM by Steven Halpern (RSS feed)
Filed under: International markets, Newsletters, Barrick Gold (ABX), Yamana Gold (AUY), Canada, Commodities, Stocks to Buy
With gold trading down sharply from its highs, Keith-Fitzerald offers a special report on gold stocks in Money Morning, highlighting three companies that he consider to be the "very best of the best."
"Gold remains a key profit opportunity -- especially if inflation, or even stagflation, is taking hold. It should also help that economic uncertainty is escalating. However, since the economic outlook has grown more uncertain, we've decided to our recommended list down to just three picks:
"The StreetTracks Gold Trust (NYSE: GLD) is an ETF that tracks the price of gold directly, making it the simplest way to invest in the yellow metal via an ETF. And with a market cap approaching $17 billion, this fund has ample liquidity.
"Barrick Gold Corp. (NYSE: ABX) is a Toronto-based company with mostly North American production, as well as properties in South America and Africa, and some copper and zinc add-ons. It has a $38 billion market capitalization, so there's plenty of liquidity.
Continue reading Best of breed in the gold sector
Posted Apr 7th 2008 2:23PM by Steven Halpern (RSS feed)
Filed under: Newsletters, Canada, Stocks to Buy
"Almost untouched by the subprime scandal and the subsequent credit fallout, Canada's banks are strong and their risk of writeoffs are consider by most analysts as minor," notes Genia Turanova and Gregory Dorsey in Leeb's Income Performance Letter.
Here, they look at two favorites in the Canadian banking sector: Toronto-Dominion Bank (NYSE: TD) and Royal Bank of Canada (NYSE: RY).
"Toronto-Dominion and its subsidiaries, collectively known as TD Bank Financial Group, serve more than 14 million customers. The group offers a full range of financial products and services including wholesale banking securities, personal and business banking, wealth management and U.S. personal and commercial banking.
"TD Bank is looking to expand its US presence by acquiring New Jersey-based Commerce Bancorp. After the acquisition is completed, TD's US banking operations will double. As for the hot topic of all financials these days – its subprime exposure – Commerce Bancorp's $16 billion loan portfolio has no subprime exposure.
Continue reading Income expert banks on Canada
Posted Apr 1st 2008 2:12PM by Steven Halpern (RSS feed)
Filed under: International markets, Newsletters, Canada, Commodities, Oil, Stocks to Buy
"The best thing to do in this market volatility is to take a deep breath and say, 'This too shall pass'," says Neil Macneale, who buys only stock split candidates for his 2-for-1 newsletter. Here is his latest.
"In general, getting out of the stock market at this time would be exactly the wrong thing to do. If 'buy low, sell high' means anything, we should be buying stocks now with whatever cash we can find. Otherwise, the ship will sail without us. Of course, given the exact market bottom is not knowable until after the fact.
"Indeed, new purchases may not be perfectly timed, but we continue to believe that it will be better than not buying at all. And because our policy with our 2-for-1 portfolio is to buy something every month, at least one of our purchases over the next several months will be very close to perfectly timed.
Continue reading Suncor (SU): A stock split buy
Posted Feb 25th 2008 1:47PM by Steven Halpern (RSS feed)
Filed under: Newsletters, Commodities, Oil, Stocks to Buy, Green Stocks
"I love buying great companies near the bottom of the barrel," says resources expert Eric Roseman, who has added Canadian-based Cameco Corp. (NYSE: CCJ) to his buy list.
The edtior of The Commodity Trend Alert explains, "Cameco, the world's largest uranium concern, is a gem, right in the middle of a long-term earnings boom amid high energy prices and a massive backlog of orders for its raw material used to feed nuclear reactors." Here is his review.
"I'm drawn to quality at a distressed price, for whatever reason, such as earnings-related surprises, management changes, special one-time write-downs, etc. Most of our recommendations are founded on exactly these principles of value-contrarian investing.
"Cameco Corporation was a $60 stock 12 months ago, but because of production bottlenecks caused by a major flood at one of its biggest mines (Cigar Lake) in late 2006, the stock suffered a beating and has bounced all over the map lately. Yet, for years, Cameco was Canada's uranium darling and I always wanted to own this gem. But the problem was, Cameco always fetched a high price, and I hate paying top dollar - even for a great business.
Continue reading Global gains: A Canadian 'gem' at Cameco (CCJ)
Posted Dec 31st 2007 8:00AM by Steven Halpern (RSS feed)
Filed under: Newsletters, Canada, , Commodities, Oil, Stocks to Buy, Best Stocks for 2008
For 25 years, Steven Halpern, editor of TheStockAdvisors.com, has surveyed the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is one of 100+ ideas in the Best Stocks for 2008 report.
"My favorite aggressive speculation for 2008 is Enerplus Resources (NYSE: ERF)," says Roger Conrad, editor of Canadian Edge.
"Over the past 18 months, Canadian oil and gas producer trust has endured a trial by fire. First natural gas prices started tumbling.
"Then the Conservative party government announced it would begin taxing trusts as corporations starting in 2011, and restricted the number of shares trust can issue. Finally, this fall investors have bailed out of everything remotely economically sensitive.
"Through it all, however, the Enerplus has remained rock-solid as a business. For starters, the yield of nearly 13% -- paid monthly -- is backed by a modest 70% payout ratio. And that ratio was achieved by selling oil in the third quarter at less than $70 a barrel.
Continue reading Best Stocks for 2008: Enerplus Resources (ERF) offers 'trusted' income
Posted Dec 30th 2007 3:30PM by Steven Halpern (RSS feed)
Filed under: International markets, Newsletters, Canada, Stocks to Buy, Best Stocks for 2008
For 25 years, Steven Halpern, editor of TheStockAdvisors.com, has surveyed the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is one of 100+ ideas in the Best Stocks for 2008 report.
"My favorite stock for 2008 for conservative investors is Yellow Pages Income Fund (Toronto: YLO.UN)," says Gordon Pape, editor of Internet Wealth Builder.
"In mid-2003, I recommended the purchase of Yellow Pages Income Fund to readers of my Internet Wealth Builder newsletter at C$10.
"Since then, we've received capital gain of $3.48 a share plus cash distributions of $4.33 per unit for a total return of 78%. This return occurred even given the Canadian government's decision to tax trusts starting in 2011.
"Looking ahead, we may not see as much movement in the share price, but the distributions should stay steady or rise marginally. For anyone seeking steady income, that makes this trust very attractive. At the current price the shares are yielding 8.4%, making them very good value.
"Management says that action will be taken to ensure Yellow Pages is not subject to the income trust tax but has not released specifics. Indications are, however, that it will be transformed into a high-dividend corporation.
"The combination of stability, yield, and a dominant position in the Canadian market make this a low-risk choice for conservative investors."
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