This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

NHL Lockout Over, Don't Miss This Massive Buying Opportunity

Stocks in this article: T VZ MSG CCMO DTV NWSA CMCSA RCI BCE

If it came to fruition, NWSA would end up the closest thing we have in the United States to the pie-in-the-sky scenario I painted for AT&T and Verizon. Of course, right now we can call Comcast (CMCSA) the "closest thing" with properties ranging from the NBC networks to the Philadelphia Flyers under its expansive belt.

But nothing domestically compares -- or will ever compare -- to what's happening in Canada.

For some strange reason, Rogers Communications (RCI) and BCE (BCE) (formerly Bell Canada) were down Monday on the NYSE. They're both down on the Toronto Stock Exchange as well.

So the NHL lockout ends (yes!), MSG is up, but RCI and BCE are down. I don't quite get it.

Both stocks have had their moments over the last year -- RCI up 21%, BCE just 7%, but it's down a bit from all-time highs. Investors should be jumping at these two Canadian stocks.

I wrote multiple RCI and BCE articles for TheStreet in 2012. From this one, you can link to the bull case (which details each company's holdings) and word from famous hockey writer, Al Strachan, that one of the two companies (or both through their joint ownership of Leafs TV) will almost certainly win the rights to the Canadian institution, Hockey Night in Canada, for next season.

Another Canadian Hockey Institution, the Hockey Hall of Fame in Toronto; Courtesy, Rocco Pendola's Summer Vacation

I'm not sure why RCI and BCE are down on Monday, with the lockout finally over. But, man, it's a buying opportunity of epic proportion for long-term investors.

P.S. I am fired up that hockey is over. I ranged through emotions during the lockout -- sad, apathetic, angry, rebellious -- but I am back and feeling good about the Leafs' chances in a 48-game season. (#LeafsNation, follow me on Twitter!)

--Written by Rocco Pendola in Santa Monica, Calif.

Rocco Pendola is TheStreet's Director of Social Media. Pendola's daily contributions to TheStreet frequently appear on CNBC and at various top online properties, such as Forbes.
2 of 2

Select the service that is right for you!

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 17,633.01 +276.14 1.59%
S&P 500 2,043.33 +30.44 1.51%
NASDAQ 4,716.3110 +71.9990 1.55%

Brokerage Partners

Rates from

  • 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