Jim Cramer Canadian Trusts

Description:

This is based on Jon Oggs post at 247WallSt.Blogspot.com.

Cramer on MAD MONEY said you can now BUY the Canadian oil trusts after they took a huge beating from the Canadian tax changes.

The Canadians allowed all TRUST shares to pass on a dividend TAX FREE, but the breaking of a campaign promise not to tax these trust as corporations was made. In 4 years there will be 35% of the dividends shaved off for Canadian taxes. He said the trusts fell 10% to 30% immediately on the news, which you know if you follow them.

He said the bounce started today and it will continue, but you are also getting a call option for essentially free that the new Candian legislation will be stopped or changed.

Here are his TOP 5 PICKS for Candian Trusts.

Most Viewed Portfolios

View All

Articles

5 Hated Earnings Stocks You Should Love

09.02.14 | 12:52 PM

DELAFIELD, Wis. (Stockpickr) -- Short-sellers hate being caught short a stock that reports a blowout quarter. When this happens, we often see a tra...

5 Stocks Poised for Big Breakouts

09.02.14 | 10:49 AM

DELAFIELD, Wis. (Stockpickr) -- Trading stocks that trigger major breakouts can lead to massive profits. Once a stock trends to a new high or takes...

More Articles
blog comments powered by Disqus
brokerage partners
connect with Stockpickr
Fan us on FaceBook
Follow us on Twitter