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
TheStreet Open House

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

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,031.14 +43.63 0.26%
S&P 500 1,984.13 -1.41 -0.07%
NASDAQ 4,518.9020 -48.6960 -1.07%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs