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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (44917)	7/28/2008 2:27:09 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 69339

Monday, 21 Jul 2008 Stock Picks With Northern Exposure Topics:Nasdaq \| NYSE \| Stock Market \| Stock Options \| Stock Picks Companies:Sun Life Financial Incorporated \| Manulife Financial Corp \| Petro-Canada \| Suncor Energy Inc. \| Encana Corporation \| Bank Of Montreal \| Bank of Nova Scotia \| Toronto Dominion Bank \| Royal Bank Of Canada If you ask him for directions, Andrew Pyle will point you north. The wealth adviser for Scotia MacLeod Group and the Armstrong Pyle Group sees major opportunities for U.S. investors in Canada. He believes it's not just Canada's wealth of natural resources that should attract investors. Recommendations: "Resources represent more than 51 percent of the [Toronto Stock Exchange]," he told CNBC. "At the same time, when you dig below that...financials have come off sharply, and we think that's where the real value is right now for American investors." Pyle says Canada's relatively small number of banks is an advantage for investors. "You've got the big five Canadian banks: Royal Bank ROYAL BANK OF CANADARY 44.05 0.30 +0.69% NYSE Quote \| Chart \| News \| Profile [RY 44.05 0.30 (+0.69%) ], CIBC (Canadian Imperial Bank Of Commerce) CANADIAN IMPERIAL BK OF COMMCM 57.43 -1.51 -2.56% NYSE Quote \| Chart \| News \| Profile [CM 57.43 -1.51 (-2.56%) ], TD (Toronto Dominion Bank) TORONTO DOMINION BANKTD 59.29 -0.02 -0.03% NYSE Quote \| Chart \| News \| Profile		, Scotiabank (The Bank Of Nova Scotia) BANK OF NOVA SCOTIABNS 48.14 0.65 +1.37% NYSE Quote \| Chart \| News \| Profile [BNS 48.14 0.65 (+1.37%) ], and BMO (Bank Of Montreal) BANK OF MONTREALBMO 46.79 0.07 +0.15% NYSE Quote \| Chart \| News \| Profile [BMO 46.79 0.07 (+0.15%) ]," he said. "All five of those have...been pushed down a lot in value, and all five really representing some pretty decent opportunities going into 2009." He thinks longer-term when it comes to resources, but he has some promising names in that space as well. "You want to look for the large-cap names like Encana ENCANA CORPORATIONECA 73.90 1.61 +2.23% NYSE Quote \| Chart \| News \| Profile [ECA 73.90 1.61 (+2.23%) ], Talisman TALISMAN ENERGY INCTLM 17.74 -0.15 -0.84% NYSE Quote \| Chart \| News \| Profile [TLM 17.74 -0.15 (-0.84%) ], Suncor SUNCOR ENERGY INCSU 53.90 1.60 +3.06% NYSE Quote \| Chart \| News \| Profile [SU 53.90 1.60 (+3.06%) ], Petro CanadaPETRO CANADAPCZ 46.34 0.90 +1.98% NYSE Quote \| Chart \| News \| Profile [PCZ 46.34 0.90 (+1.98%) ] - all of which have fairly diversified operations, so you're not just looking at crude oil. You're looking at crude oil, natural gas, and downstream," he said. Another sector he recommends is insurance. "You've got a very well-capitalized insurance-company sector in Canada, the likes of ManuLife MANULIFE FINANCIAL CORPMFC 36.88 0.13 +0.35% NYSE Quote \| Chart \| News \| Profile [MFC 36.88 0.13 (+0.35%) ], Sun Life SUN LIFE FINANCIAL INCSLF 42.13 -0.32 -0.75% NYSE Quote \| Chart \| News \| Profile [SLF 42.13 -0.32 (-0.75%) ]," he said. "Both of them do have significant operations in Asia, so if you're looking for that play into the emerging markets, but still want to have a relatively sound company in the financial sphere, those two companies do stand out."