This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

2 Stocks to Buy Before They Take Over Canada

Again, that's a partial list. I also "forgot" to mention that Rogers and BCE dominate delivery of wireless, cable/satellite television and landline telephone services throughout Canada. Rogers also owns and operates a home security division.

In other words, if you live in Canada, you simply cannot escape Rogers and BCE. Like it or not, they own your world or, at the very least, a considerable segment of it.

Save recent earnings-related weakness in RCI, both stocks have performed well, but not well enough considering the opportunities that lie ahead. Interestingly, I think we have what I'll call an inverse Netflix (NFLX) dynamic happening here.

Last year, Netflix told the world it would lose money in 2012. It went so far as to raise $400 million. Even with that wholly bearish writing on the wall, the stock -- helped by a Whitney Tilson pump, no doubt -- managed to break from its lows and trade at more than $100.

As that was taking place, I could only chalk the gains up to Wall Street not having actually seen the loss hit the books.

The same phenomenon often works in our own lives. Somebody can tell us all day long that something will happen (e.g., warnings of "The Big One" in California), but we do not act and react materially and emotionally until it actually does.

Netflix reported a loss this past quarter; the stock nosedived into the $80s and is in a slow decline.

Until we see the combined-dominance of Rogers and BCE and the MLSE deal bear more fruit than they already have, I do not think the big money, particularly in the U.S., will act.

And that's fine by me. I do not invest on the basis of what's happening today. I do not care what companies like Rogers and BCE have done for me lately. I only care about what they're strategically and competitively positioned to do for me tomorrow.

>>To see these stocks in action, visit the 2 Stocks to Buy Before They Take Over Canada portfolio on Stockpickr.

At the time of publication, Pendola held shares of BCE and RCI and was short a BCE put option.

2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
BCE $43.58 -0.48%
RCI $34.24 -0.23%
AAPL $130.54 0.20%
FB $80.29 1.39%
GOOG $533.99 0.35%

Markets

DOW 18,040.37 +29.69 0.16%
S&P 500 2,111.73 +4.34 0.21%
NASDAQ 5,082.9290 +12.9030 0.25%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs