Performance Review
Below is the performance of all the stocks from our March 2015 Canadian list:
| symbol | name | 2015 | 2016 | % chg |
| BEI-UN.TO | Boardwalk REIT | 58.27 | 53.2 | -8.70% |
| TU | TELUS Corporation | 33.47 | 30.84 | -7.86% |
| BNS.TO | The Bank of Nova Scotia | 63.46 | 62.27 | -1.88% |
| REF-UN.TO | Canadian REIT | 45.57 | 43.45 | -4.65% |
| LB.TO | Laurentian Bank of Canada | 48.3 | 47.76 | -1.12% |
| CJR-B.TO | Corus Entertainment Inc. | 18.41 | 10.75 | -41.61% |
| CM.TO | CIBC | 93.2 | 96.99 | 4.07% |
| BDT.TO | Bird Construction Inc. | 10 | 11.75 | 17.50% |
| SU | Suncor Energy Inc. | 28.2 | 26.16 | -7.23% |
| RY.TO | Royal Bank of Canada | 76.39 | 74.25 | -2.80% |
| HCG.TO | Home Capital Group Inc. | 42 | 36.11 | -14.02% |
| CTY.TO | Calian Technologies Ltd. | 18.55 | 19.8 | 6.74% |
| NA.TO | National Bank of Canada | 47.03 | 41.38 | -12.01% |
| AX-UN.TO | Artis REIT | 14.83 | 12.65 | -14.70% |
| RCI-B.TO | Rogers Communications Inc. | 44.06 | 50.73 | 15.14% |
| CUF-UN.TO | Cominar REIT | 19.3 | 16.66 | -13.68% |
| TD | The Toronto-Dominion Bank | 43.06 | 41.65 | -3.27% |
| CWB.TO | Canadian Western Bank | 27.63 | 24.28 | -12.12% |
| IMO.TO | Imperial Oil Ltd. | 48.35 | 44.4 | -8.17% |
| D-UN.TO | Dream Office REIT | 26.14 | 20.32 | -22.26% |
The average change was –6.63% as compared to the Toronto Stock Exchange change of –9.60% in the period from March 22, 2015 to March 11, 2016. The first five stocks on the list averaged a decline of –4.84% excluding the dividend. Including the dividend for the first five stocks would have resulted in a net decline of –0.78%.
A stock that we had strong interest in from our January 2015 Canadian list was Computer Modelling Group (CMG.TO). At the time we said the following:
“As Computer Modelling Group is heavily associated with the oil, gas and mining sector, currently experiencing a drubbing at the hands of lower oil prices, there is good reason to believe that the stock could go as low as $7.30. However, the most compelling element of Computer Modelling Group is the fact that the services they provide are, or could become, applicable to other industries. Therefore, we wouldn’t rule out this company’s prospects over the long-term.”
According to the available data, CMG.TO managed to trade as low as $7.67 on January 26, 2016, this was within 5% of our targeted worst case scenario of $7.30. Below is an updated Altimeter for CMG.TO.
March 2016 Watch List
