Thank you DrBob for invitation, Cdn investments:
Have participated now and then on the thread but at times feel intimidated since I don't do the quick picks, more comfortable with LT and trade around those core holdings. I have come to the conclusion that those with the quickest wit have the quickest fingers with great results and I congratulate them on their trading techniques.
Today at 50% cash, had figured that I'd be fully invested as of past Tuesday but still not seeing full confidence in the markets. Leaders had their gains and need to consolidate while the stronger more well known midcaps, who analysts advised against months ago, should benefit as money gets moved about. Have been slowing gathering up some here and there over the last few days. Picked up NT late yesterday. Some other Canadian TSE stocks (most also trade on the NAS/NYSE) that I have and want to increase holdings in are:
Alcan (AL:TSE) suffering the effects of Alcoa, AL won't experience same energy concerns that Alcoa has since they generate their own power that operate 90% of their smelters etc.
Bombardier (BBD.b:TSE) trains, planes, rec.water vehicles, nice back log and gaining prominence in the aviation field (#3) with strong global presence as well.
Celestica (CLS:TSE) In for 18 months. Dropping today to a good entry point as it nears C$110/US$72. EMS, global situation very strong management and for those who like dividends you can always buy their parent Onex Corporation (OCX:TSE) who's the 3rd largest Cdn conglomerate with more brains at the helm than whats normally found in the usual conglomerate out there.
Descartes Systems Group (DSG:TSE) B2B, starting to be recognized south of the border with Ariba association etc... too long of a story but I jumped in when it had dropped to C$5.45. Global
FourSeasons (FSH:TSE) Pamper Plus - Where do the new money & old money want to stay when globally trotting around?
Manulife (MFC:TSE) Waited for it to fall from IPO and then took position, should have some interesting developments within the next year. Global
Patheon (PTI:TSE) The outsourcing company to the pharmaceutical and biotechnology industries and is global
Quebecor World (IQW:TSE) second largest commercial printer in United States with global presence.
Research In Motion (RIM:TSE) Been with this since just after their TSE IPO.. U.S./Canada/South America/Europe. Very volitile but I live with it. Others might want to wait until after they report tonight.
Talisman Energy (TLM:TSE) Took a beating earlier this year and that gave me the excuse to enter when it dropped below C$36.00 Exploration, production and marketing of crude oil, natural gas and natural gas liquids and sulphur. Recently bought a few gas lines from TransCanada Pipeline. I don't know how much more upside there is to this one but it's a keeper.
Toronto Dominion Bank (TD:TSE) I've always liked this financial investment. Global
There are others, but these are what I consider to be my focus stocks and I'm sure that you've noticed that they either have or will soon have global presence.... not bound by borders. Some are great for position trades, most for the sanity they give me.
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