The All Canadian Stock Watch List

Every once in a while, the market lets you buy in at a substantial discount.  I am not sure if we are at that point yet, but there is a chance that we might be relatively soon.  Many of the companies on our list are well run Canadian organizations.  Many of the stocks have a relatively small amount exposure to the oil market, but could still get dragged down farther.  Most of the stocks can be considered stocks that you could hold over your lift time.


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What to buy if a Crash happens in the Canadian Stock Market

If you have cash on the sidelines or if you have a good portion of your savings in low risk investments, you might be able to buy some of the best companies in Canada at a fraction of their current stock price.
    Markets do tend to go back to their fundamentals, but at any moment in time there can be a severe discount or an insane premium in the stock market.  Fear and euphoria are two traits that can destroy or grow your portfolio, depending on which side of the herd you are on.
    Below we have my watch list of individual Canadian stocks and where I think the fear in the market will more than outweigh the potential upside of the security.  Very Important Note: This is not a prediction on where the stocks are going, just a watch list.



Canadian Stocks Watch List

Company

Industry

Stock Symbol

Fear Target

TD Bank

Banking

TD

$30

CIBC

Banking

CM

$48

Scotiabank

Banking

BNS

$39

Bank of Montreal

Banking

BMO

$42

Royal Bank

Banking

RBC

$42

Suncor

Integrated Oil

SU

$20

Agrium

Fertilizer

AGU

$70

Canadian Natural Resources

Oil & Gas

CNQ

$14

Cenovus Energy

Oil & Gas

CVE

$11

CN Railway

Railway

CNR

$50

iShares Canadian Select Dividend Index

Dividend ETF

XDV

$13

Precision Drilling

Oil Services

PD

$3*

Crescent Point Energy

Oil Producer

CPG

$5*

Teck Resources

Mining

TCK.B

$3*


* Buy only after the economy turns around.



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Not a Prediction

The above chart is not a prediction on the where the individual stocks are going, but merely a target price in which buying when others are in fear will probably return a very healthy profit once the market returns to the fundamentals.
    We think all, but the bottom three stocks can be bought before the market turns around.  The bottom three should only be bought after the fear in their respective markets have subsided if you believe that major correction is coming.