This analysis is for all those stocks that had an active rating at or near the start of year 2002. The strong buys were up an average 5%. The buys/strong buys together were up an average 1% (which compares well to the market indexes in 2002), the neutral group was down 7%, The average of the two Sell ratings was down 74%. The overall results are quite good compared to the market. |
Group |
|
Rating to start “2002” |
|
Price Increase |
Our Performance |
Average of 6 strong buys |
|
Strong Buy |
|
5% |
good |
Average of 16 buys |
|
Buy |
|
-1% |
bad |
Average for all 22 buys and strong buys |
|
|
|
1% |
|
Average of 14 weak buys |
|
Weak Buy |
|
-5% |
bad |
Average of 2 weak sells |
|
Weak Sell |
|
-23% |
very good |
Average for all 16 Neutral ratings (weak buy or weak sell) |
|
|
|
-7% |
|
Average of 2 sells |
|
Sell |
|
-74% |
very good |
Average of 0 strong sells |
|
Strong Sell |
|
n.a. |
n.a. |
Average for all 2 sells and strong sells |
|
|
|
-74% |
|
|
|
|
|
|
|
Rated As – Strong Buy Near January 1, 2002 |
Name |
Starting late 2001 Date and Price |
Starting Rating |
Current Price |
Price Increase |
Our Performance |
Thomson Corporation (TOC, Toronto) |
Nov 14 at $ U. S. 30.24 |
Strong Buy |
26.88 |
-11% |
bad |
Calpine Corporation |
November 26 at 23.92 |
Strong Buy |
3.26 |
-86% |
very poor |
Canadian Medical Laboratories (CLC, Toronto) |
Sept 5 at 18.25 |
Strong Buy |
30.4 |
67% |
very good |
Pason Systems Inc. (PSI, Toronto) |
Nov 23 at 8.25 |
Strong Buy |
11.95 |
45% |
very good |
Trilon Financial Corporation (TFC.A, Toronto) |
Dec 21 at 14.80 |
Strong Buy |
17 |
15% |
good |
Sino-Forest (TRE.a, Toronto) |
Nov 20 at 1.13 |
strong buy |
1.17 |
4% |
good |
|
|
|
|
|
|
Average Strong buy |
|
Strong buy |
|
5% |
good |
6 |
|
|
|
|
|
Rated As – Buy |
Name |
Starting late 2001 Date and Price |
Rating to start “2002” |
End 2002 Price |
Price Increase |
Our Performance |
TD Bank (TD, Toronto) |
October 2 at 39.25 |
Buy |
34.01 |
-13% |
bad |
Concert Industries (CNG, Toronto) |
January 30 at $6.25 |
Buy |
0.62 |
-90% |
very poor |
Accord Financial Corp (ACD, Toronto) |
Feb 7 at 5.65 |
(moderately risky) Buy |
5.05 |
-11% |
bad |
Silent Witness (SWE, Toronto) |
Feb 8 at $12.5 |
Buy |
6.5 |
-48% |
very poor |
Power Financial Corporation (PWF, Toronto) |
Nov 28 at 36.20 |
Buy |
36.30 |
0% |
good |
Enbridge inc. (ENB, TO) |
Nov 9 at 44.40 |
Buy |
42.61 |
-4% |
bad |
Precision Drilling (PD, Toronto) |
Nov 2 at 38.70 |
Buy |
50.95 |
32% |
very good |
Viceroy (VHL.a, Toronto) |
Sept 7 at 4.50 |
Buy |
5.80 |
29% |
very good |
Boardwalk Equities (BEI, Toronto) |
Nov 15 at 11.75 |
Buy |
15.18 |
29% |
very good |
Telus (T, Toronto) |
Oct 25 at 23.56 |
Buy |
17.45 |
-26% |
very poor |
Transat A.T. Inc. (TRZ, Toronto) |
Sept 14 at 5.20 |
Buy |
6 |
15% |
good |
Contrans Corp. |
Oct 12 at 14.50 |
Buy |
34.8 |
140% |
very good |
Canadian National Railway Company (CNR, Toronto) |
October 23 at $61.92 |
Buy |
65.27 |
5% |
good |
Canadian Utilities Limited (CU, TO) |
Nov 2 at 51.75 |
Buy |
51.21 |
-1% |
bad |
CLEMEX (CXG.a, Canadian) |
Dec1 at .32 |
Speculative Buy |
0.15 |
-53% |
very poor |
CIBC (CM, TO) |
Sept 7 at 55.50 |
Buy |
43.52 |
-22% |
very poor |
|
|
|
|
|
|
Average Buy |
|
Buy |
|
-1% |
bad |
16 |
|
|
|
|
|
Rated As Weak Buy |
Name |
Starting late 2001 Date and Price |
Rating to start “2002” |
End 2002 Price |
Price Increase |
Our Performance |
|
|
|
|
|
|
TransAlta Corporation (TA, Toronto) |
Oct 19 at 22.15 |
Weak Buy/Hold |
17.11 |
-23% |
very poor |
Cognos (CSN, Toronto) |
Dec 21 at 36.91 |
Weak Buy |
37.00 |
0% |
good |
Stantec Inc. (STN, Toronto) |
Nov 16 at 12.45 after split |
Weak Buy |
16.70 |
34% |
very good |
Canadian Western Bank (CWB, Toronto) |
June 18 at 28.75 |
Weak Buy |
26.6 |
-7% |
bad |
Maple Leaf Foods Inc. (MFI, Toronto) |
Oct 26 at 11.75 |
Speculative Weak Buy |
10.95 |
-7% |
bad |
Bombardier (BBD.A, Toronto) |
Dec 1 at 13.95 |
Weak Speculative Buy |
5.52 |
-60% |
very poor |
|
|
|
|
|
|
QUEBECOR INC CL-A MV (QBR.A, Toronto) |
Oct 31 at 14.59 |
Speculative Weak Buy / Hold |
14.2 |
-3% |
bad |
TRANSCANADA PIPELINES (TRP, Toronto) |
Nov 2 at 20.73 |
Weak Buy |
22.92 |
11% |
good |
Buhler Industries Inc. (BUI, Toronto) |
Dec 21 at 3.75 |
Weak Buy / Hold |
5.7 |
52% |
very good |
Canadian Tire (CTR.a, TO) |
Nov 2 at 22.50 |
Weak Buy / Hold |
32.45 |
44% |
very good |
CAE Inc. (CAE, Toronto) |
Oct 24 at 8.09 |
Speculative Weak Buy |
5.17 |
-36% |
very poor |
CELESTICA (CLS, Toronto) |
Dec 1 at 66.58 |
Weak Buy/hold |
22.05 |
-67% |
very poor |
Duke Energy Corporation (DUK, New York) |
Nov 16 at 37.02 |
Weak Buy/Hold |
20.09 |
-46% |
very poor |
Wi-LAN Inc. (WIN, Toronto) |
Oct 5 at $1.20 |
Speculative Weak Buy |
1.68 |
40% |
very good |
Average Weak Buy |
|
Weak Buy |
|
-5% |
bad |
14 |
|
|
|
|
|
Rated As – Weak Sell |
Name |
Starting late 2001 Date and Price |
Rating to start “2002” |
End 2002 Price |
Price Increase |
Our Performance |
|
|
|
|
|
|
Biovail Corporation (BVF, New York) |
Jan 11 2002 |
Weak Sell |
26.41 |
-50% |
very good |
Loblaw Companies Limited (L, Toronto) |
Nov 23 at 51.40 |
Weak sell / hold |
53.51 |
4% |
bad |
Average Weak Sell |
|
Weak Sell |
|
-23% |
very good |
2 |
|
|
|
|
|
Rated As – Sell |
Name |
Starting late 2001 Date and Price |
Rating to start “2002” |
End 2002 Price |
Price Increase |
Our Performance |
|
|
|
|
|
|
Nortel Networks (NT, Toronto) |
October 19 at $9.04 |
Sell |
2.52 |
-72% |
very good |
JDS Uniphase |
Dec 1 at 17.85 |
Sell |
4.18 |
-77% |
very good |
|
|
|
|
|
|
Average Sell |
|
Sell |
|
-74% |
very good |
2 |
|
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DISCLAIMER: The information presented is not a recommendation to buy or sell any security. The author is not a registered investment advisor and the information presented is not to be considered investment advice. The reader should consult a registered investment advisor or registered dealer prior to making any investment decision. |
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