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Top Stock Picks

Top Stock Picks Michael Sprung‘s top stock picks for October 2012. Talisman (TLM-T): Last Purchase June 28, 2012 $10.92 Owned by clients Talisman offers compelling value. Under the direction of a new CEO, the company will focus more on operations, cash flow and free cash flow and the growing international exploration opportunities. Management is clearly … [+] Read More

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Market Outlook & Top Stock Picks

Market Outlook & Top Stock Picks Michael Sprung‘s market outlook: The third quarter of 2012 has been characterized by rising stock markets despite slowing and/or deteriorating economies globally. Commodity prices have generally advanced underpinning some of the positive movement in the Canadian market. Be prepared for some negative volatility going forward. Concentrate on financially strong … [+] Read More

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Top Stock Picks

Top Stock Picks Michael Sprung‘s top stock picks for August 2012 Cenovus Energy Inc. (CVE): Owned by clients last purchase August 11 2012 $33.40 Over the next few years greater attention will be focused on the oil sands. Post the US election, more pipeline capacity will be built to carry the bitumen south. Refining margins … [+] Read More

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Best Investing Books to Read

Interested investors may wish to pursue a greater understanding of investment fundamentals. The following investing books have made a major contribution to the investment community and have been instrumental in the development of the investment philosophy employed at Sprung Investment Management 1. The Intelligent Investor: The Definitive Book on Value Investing, Revised Edition by Benjamin … [+] Read More

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Quarterly Market Commentary – Second Quarter 2012

QUARTERLY MARKET COMMENTARY – WHAT RECOVERY? “The only function of economic forecasting is to make astrology look respectable.” — John Kenneth Galbraith Investors’ confidence was shaken in the second quarter of 2012 by the onslaught of disturbing news emanating from the European fiscal crisis and some indications of slowing activities in the emerging markets and … [+] Read More

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Top Stock Picks

Top Stock Picks Michael Sprung‘s top stock picks for July 2012 Precision Drilling (PD): Owned by clients, last purchase June 15 2012, $7.64 The pullback in oil prices has resulted in many companies in the oil patch to scale back capital expenditures. Investors are concerned that this trend may continue in firms that are dependent … [+] Read More

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Market Outlook & Top Stock Picks

Market Outlook & Top Stock Picks The uncertainty of developments in Europe will continue to impact the world financial markets and likely precipitate some setbacks over the coming months. Fears of the contagious effect these events may have in stemming economic growth and slowing global demand for goods and services are currently overshadowing some of … [+] Read More

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Top Stock Picks

Top Stock Picks Talisman Energy Inc., TLM: Owned by clients, last purchase Dec. 12, 2011 $12.19 Talisman offers compelling value. A more liquids based focus with growing international growth opportunities should lead to better appreciation for the Company’s prospects. Manulife Financial, MFC: Owned by clients and personally, last purchase September 22, 2011 $11.20 Improved product … [+] Read More