It is impossible to know exactly when this thing will turn but I would think there are some good opportunities starting to rise. I would love to hear from you guys that are in the "know" what you would fill the blank in with. Got some extra $ burning a hole in my pocket and need a place to let it sit for a while.
It is time to buy ________!
- Thread starter UGA12
- Start date
I would stick with relatively stable, defensive stocks...
I would stick with relatively stable, defensive stocks...
DAV, RTN, KO, MSFT, MO, and GCC are all good examples in different sectors.
Market has been rather volatile lately and would not be wanting to take much risk until I see we are definitely headed in one direction.
kneifl
I would stick with relatively stable, defensive stocks...
DAV, RTN, KO, MSFT, MO, and GCC are all good examples in different sectors.
Market has been rather volatile lately and would not be wanting to take much risk until I see we are definitely headed in one direction.
kneifl
UGA12 would agree with Kneifl and act slowly, will list some US stocks, cdn. stocks that trade on NY that look decent (just a few)
would probably wait if you can get them cheaper seem to be flat or trading lower.
Rogers Commu. biggest wireless and cable company in Canada. use to have a mountain (financial term..lol) however now the debt is reduced and they are increaseing their div...cash flow. problem people hate this sector.
AGU if Agrium and potash get beat up, these look decent okay 30PE however this is 14PE if they hit their numbers....would buy on weakness...trades volatile, up down 5% in a day.
TRP this is a boring pipeline that just raises their div every year...no bad. will give you 10% long term counting div.... will have a write up on this later.
BNS scotiabank has held up well, or a TD, maybe a Royal Bank or an US bank that does not have large exposure to bad paper.
MFC or SLF, actually life insurance companies will do okay.
CNQ trades in the US Cdn. natural resources traded at $63 now $65cdn. anyways that is cheap. own some at avg. price 64 should go to 70 and beyond. this year.....
BCE the deal goes through, and a good gain for a few months....if not then how to lose 15% in a day.
thanks
selkirk
would probably wait if you can get them cheaper seem to be flat or trading lower.
Rogers Commu. biggest wireless and cable company in Canada. use to have a mountain (financial term..lol) however now the debt is reduced and they are increaseing their div...cash flow. problem people hate this sector.
AGU if Agrium and potash get beat up, these look decent okay 30PE however this is 14PE if they hit their numbers....would buy on weakness...trades volatile, up down 5% in a day.
TRP this is a boring pipeline that just raises their div every year...no bad. will give you 10% long term counting div.... will have a write up on this later.
BNS scotiabank has held up well, or a TD, maybe a Royal Bank or an US bank that does not have large exposure to bad paper.
MFC or SLF, actually life insurance companies will do okay.
CNQ trades in the US Cdn. natural resources traded at $63 now $65cdn. anyways that is cheap. own some at avg. price 64 should go to 70 and beyond. this year.....
BCE the deal goes through, and a good gain for a few months....if not then how to lose 15% in a day.
thanks
selkirk
