Jim Cramer Canadian Trusts
20014 views
Rate Now: 1 2 3 4

average rating: 3.50 / 2 ratings
Created by Guest
DESCRIPTION:

Date updated:11-15-2006

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.

symbol name last price % change open
  • +
  • CNE
    Cairn Energy Plc
  • $0.00
  • 0.00%
  • $N/A

Yield: 19%

People owning CNE also tend to own: ALDBMYDSXGAINGOODHTEML.TO

TheStreet.com Rating: No Rating What is this?

  • +
  • ENT
    Enterra En Tr
  • $1.40
  • -0.71%
  • $1.41

Yield: 20%

People owning ENT also tend to own: AAVABXAADGAMATAQRBGRBXL

TheStreet.com Rating: D What is this?

  • +
  • PGH
    Pengrowth Egy Uts
  • $9.61
  • 0.00%
  • $N/A

Yield: 17%

People owning PGH also tend to own: AXACCMDDREPLFSTGG

TheStreet.com Rating: C What is this?

  • +
  • BTE
    Baytex Energy Tr
  • $25.78
  • 0.00%
  • $N/A

Yield: 11%

People owning BTE also tend to own: IAUINTCIOOIVVRNPCXTLTVFIFX

TheStreet.com Rating: B What is this?

  • +
  • PDS
    Precision Drill T
  • $6.59
  • +1.23%
  • $6.50

Yield: 15%

People owning PDS also tend to own: AAVABXAADGAMATAQRBGRBXL

TheStreet.com Rating: C What is this?

Portfolio not tracked!

11/08/2007 17:08 PM CST Asked by REDSOXFAN
Check out HTE also

ADD YOUR COMMENTS:

Rocket Stocks for the Week

By Jonas Elmerraji Posted on Nov. 30, 2009 With Black Friday behind us and another data-heavy week ahead, it’s time to turn once again to Rocket Stocks, our list of b...

11.30.09 | 09:16 AM
Jim Cramer's Portfolios of the Week

By Roberto Pedone Posted on Nov. 27, 2009 According to Jim Cramer, investors need to know the four enemies of all bull markets. On Wednesday’s “Mad Money” TV show...

11.27.09 | 13:36 PM
'Fast Money' Portfolios of the Week

By Roberto Pedone Posted on Nov. 27, 2009 According to CNBC’s “Fast Money” traders, the adjustment in the third-quarter GDP figure released on Tuesday from an exp...

11.27.09 | 12:22 PM
Black Friday Short-Squeeze Oppor...

By Jonas Elmerraji Posted on Nov. 25, 2009 With Thanksgiving fast approaching, retailers have one thing on their collective minds: Black Friday. After all, the day, whi...

11.25.09 | 13:33 PM
more articles
Nymph's Trading Daily Trading Diary
04.13.09 | 01:10 AM From author Trading Nymph
The Presidential/Political Thread
01.02.08 | 08:05 AM From author Dave Cox
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZA
Wealth distribution by race and ...
11.23.08 | 18:44 PM From author Valerie J
more forums
Q. Stockpickrs, I currently own sha...
11.30.09 | 21:47 PM Asked by reinorht

A. Mr. Partridge can answer that, but not
until tomorrow maybe.
He has not indicated a preference for
keeping one or the other,
which leads me to believe he will keep
both.

today 's lists
Cramer's Lightning Round

These are the stocks from Jim Cramer's Nov. 30 Lightning Round. We list the stocks on which he is BULLISH and BEARISH.... more

Analyst Downgrades

Analyst Downgrades or Estimate Reductions for Nov. 30, 2009. Read more here. more

Dogs of the Dow

Here are the 10 stocks in the Dow Jones Industrial Average stocks with the highest yields as of the market close on June 2, 2009. more