Analyst Recommendations

Following are the analyst recommendations for Canadian stocks which I have recently purchased or am about to purchase. A value of 1.0 is assigned to stocks which are rated as a "Strong Buy" and a 5.0 is assigned to stocks which are rated as a "Sell".

Energy Savings Income (SIF.UN) ... 1.00
Trinidad Energy Services Income Trust (TDG.UN) ... 1.25
Focus Energy Trust (FET.UN) ... 1.33
Major Drilling (MDI) ... 1.38
Celtic Exploration (CLT) ... 1.50
Martinrea (MRE) ... 1.58
Domtar (UFS) ... 1.82
Toromont (TIH) ... 2.17
Canadian Western Bank (CWB) ... 2.50
Stella Jones (SJ) ... 2.67
Newalta Income Fund (NAL.UN) ... 2.75
North West Company Fund (NWF.UN) ... 3.00

It will be interesting to look back a year from now to see how valuable the analysts rankings were.

Out of curiosity, I put the above noted stocks in a RiskGrade chart so I can look at it in twelve months to see if there is any value in the chart in terms of predicting whether a stock is reasonably priced given the risk associated with it.