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We think these two will go up 40% within 12 months.
Both these stocks are excessively undervalued; both have great chart patterns.
This is just what we are looking for !
Of course, we will discuss these stocks in our next Report; if you are interested in high quality equities get our next Report: fraserratings@yahoo.ca
Canada has about 2500 troops in Afghanastan. Why are we trying to save this Muslim country ?
The U.S. and the U.K. and their Allies, are spending at least one and a half billion dollars per week trying to save the Muslims in Iraq
Is our next step to send troops to Turkey and Egypt to save them as well. How about Pakistan ?
For us there are two questions to ask today.
The first one is who wins the Senate and the House in November ? Probably the biggest single force in determining who wins is the old issue; "is it time for a change ?" With a huge budget deficit; an even bigger trade deficit; and a fiasco in Iraq, it is clearly time for a change.
The second question is only partly political: when the Democrats take over the Senate and the House in November; how many points will the Dow go up ? Our estimate is a minimum of 600 points.
We selected our first two energy trusts last September.
The results are spectacular. Whereas the regular oil and gas stocks are up 7%; our two stocks are up 30% and 40%. The energy trusts have done five times better than the energy stocks ! All of us should be paying more attention to the energy trusts. In our current letter we have another energy trust pick: to get our current letter just email us at fraserratings@yahoo.ca Don't worry; there is no charge and no obligation.
In our view the No. 1 stock in Canada is Manulife Financial ($36.40). Last year they bought the famous John Hancock Life Insurance Company; the acquisition has turned out extremely well.
In the second quarter of this year earnings for Manulife were up an impressive 14%.
In our current Report we have some essential information on this great stock. To get this Report just email us at fraserratings@yahoo.ca
This Report is free and there are no obligations.
It is hard to believe that the Government of Ontario let the famous, and fabulous, Sudbury Basin be sold to outsiders. In the very early days of this Province the main industry was farming. By the late 1800's mining became a close second. Inco, Falconbridge, and Noranda were among the most important mining companies in the world; and to get to them all you had to do was drive up Yonge street.
But now they will be run by cheesemakers and carnivalists !
Why not sell Niagara Falls; it is another one of our great natural resources.
We would bet 10 to 1 that Quebec will not sell its natural resources !
Next are the Canadian controlled energy companies in the West. There will be an offer from an outsider for all the shares of CNQ, Encana, and Nexen; and many others. Is the Government of Alberta going to be like Ontario or Quebec ? Our view is that they will follow Quebec.
In our Report that came out yesterday we reviewed all the big banks in terms of earning, dividends, book value and yield. Of the five one was clearly a standout and it is the feature of our current Report. Remember that our bank stocks are partly technology, and energy stocks.
They are technology equities because they are huge beneficiaries of everything to do with computors and the internet; most of us no longer go in a bank.
They are energy stocks because they are doing mergers/ acquisitions, underwriting new issues, financing all kinds of exploration activities, and loaning money throughout the West.
The big six Canadian bank stocks start reporting third quarter earnings tomorrow: they are expected to be up 10% to 12%.
Also, for most of them they have just broken out on the charts ! To see the charts and our comments and expectations, email us for our current Report at fraserratings@yahoo.ca
Ontario has given away our heritage to Brazil and Switzerland !
For us, it is difficult to think of a dumber thing to do. Non-Canadians now own and control the Sudbury basin. We are willing to bet 10 to 1 that Quebec will not lose control of its natural resources.
We have what the world wants; and we have decided to give a large part of it to them. Next in line is energy specifically, Petro Canada, Canadian Natural Resources and Encana. We implore the government of Canada to say 'no' to the vultures. Our guess is that Premier Klein will turn the vultures down.
We have come up with a Canadian oil stock that is excessively undervalued and is a great bargain. Just email us and we will tell you what it is in our latest Report:fraserratings@yahoo.ca
