Motley Fool's Bullish on Canadian Stocks

U.S.-based investing mega-site Motley Fool is currently featuring an article about how great Canadian stocks are.

The article says that site members who take part in the Motley Fool CAPS stock picking section are bullish on Canada. CAPS allows members to predict whether stocks will outperform the S&P 500, and by how much. The more often a player is correct, the more influence his or her prediction carries, with stocks ranked according to most positive outlook.

The basis for the article in question is that there are now four Canadian-headquartered stocks in the top 150.

The story says investors believe that not only will the commodity boom continue to drive the Canadian economy, but that its not too late to join the party.

Included in the four stocks is one ETF – the iShares MSCI Canada Index (EWC). Of the 212 people who’ve rated it, only one believes it won’t outperform the S&P 500 going forward.

Perhaps it's not relevant, but seeing how the Canadian economy is about one tenth the size of that of the U.S., one would think that at least four Canadian stocks would find their way into the top 150 anyway. Especially presuming that some of the Motley CAPS pickers are Canadian.

And yes, there are the obligatory references to hockey, including a hat tip to Barry Melrose and his “sense of style and command of the mullet.”

Comments

[davboz]

Motley Fool once had my awe-filled reverence because.....well just because. A few months into my venture into the study of the market and all who write and speak on it, "The Fool" has quickly come to seem such an obvious "for sale"...."pr... web/email letter writing,all-out stock pushing effort ~ that I take their opinions with lots of salt and very little trust as to where their motivations lie.

[davboz]

~ ~ OR.......So,Motley Fool's Bullish on Canadian Stocks, huh?
Hm.I'm happy for them.
(Which is no bite on Canadian stocks on my part, at all. I have a few units of a Canadian Energy Trust and have more than a little interest in the EWC, the oil sands,& Canadian opportunities in general. What the Fool has to say about it, however, has come to mean not so much to me.)

[nietschele]

I'm not quite sure what your beef is with the Motley Fool, but as an educational site with plenty of humour (and well written, to boot), I think they're great.

As a Canadian, I will also add that we have a number of well managed, steadily growing companies, out of which the Fool has selected 4 for comment. Also evidence that we can grow good companies is the fact that in the last 18 months or so, not only U.S. but International Corporations have bought a number of our success stories.

[PARIS 39]

Sounds like a fishy story to me...