I’m back from vacation and wanted to update you on a few stock picks:
I had recently (past one to two weeks) purchased on weakness:
- Manulife (MFC) @ $21.17 & $21.23 for RSP’s - $20.64 for trading account.
- Currently trading @ $21.89.
- Talisman (TLM) @ $15.12 RSP’s.
- Currently trading @ $16.70.
- Canadian Natural Resources (CNQ) @ $59.33 for my M-in-Law’s RSP’s.
- Currently trading @ $62.91.
My current purchase on weakness recommendation is:
- Nexen (NXY) @ $21.92
The stock posted weak quarterly results this week and got hammered.
Assuming Oil stocks improve in the very near future, the stock should pop back up.
Will follow up by this weekend. Continue with caution. Regards, Warren.
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