BNN (Business News Network) the Perfect Resource on Canadian Stocks

August 2, 2008 · 3 comments

in Canadian, news and updates

I’m not a big TV person but I’ve recently re-discovered BNN, Canada’s Business News Network. Maybe I’m going through a phase, but I think I could watch this at any hour of the day. Definitely between projects and other activities. Every half hour there’s a different “program” on — Market Watch, Night Cap, Taking Stock are some of the good ones — but usually they all involve the host in conversation with a CEO or Senior managment person from a financial holdings company. They take callers and emails from viewers and the CEO answers the questions.

Almost all of these questions are like “Can you comment on Barrick Gold.” Or, “I bought Penn West back in the 25-range, what do you see it doing now?” Or, “What are your thoughts on the one-year-outlook for Suncor?” The host brings up a year-to-date chart of the stock, and the CEO spouts off his opinion. It’s great, insightful fun.

I don’t know about how these channels work through satellite or cable, but it might be possible for Americans to tune in, too. If anything, you can check out their website. BNN is a superb resource on investing in Canadian stocks. I’ve been totally impressed over the last week or so that I’ve been watching it again. And it’s pretty easy to understand. Even my bf, who has no interest in investing, has started to learn the basic terminology pretty quickly just from hearing BNN in the other room.

I’ve done so much research on my own with Canadian stocks that it’s great to hear some live impressions from analysts in the field. Especially when they confirm my own holdings:). And you’ll learn stuff about the management of these companies that is more difficult to get on your own, unless you’re a serious investigator, I’d imagine. And with the time to do it.

They do have some other, related shows, such as “CAR Business” and a segment on career counseling. And some segments are repeated twice daily. Overall, though, I would say I most recommend “Taking Stock” with Kevin O’Leary. That should get anyone interested in dividend investing:)

So I recommend checking out BNN. On TV, or on the web. But I’ll prefer semi-live programming for the moment. Are there any other BNN fans out there? By the way, I thought that Kevin O’Leary really reminded me of Don Cherry. Then a viewer calls in asking the same question. Turns out that Kevin O’Leary once worked for Cherry!

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{ 3 comments… read them below or add one }

1 Double August 2, 2008 at 6:13 pm

I watch BNN whenever I can. If you are going to buy a business talk to business owners not Uncle Leo. Therefore, if one wants to be knowledgeable about business then they should watch and read anything to do with business.

I watch BNN (for Canadian business) and CNBC (for US business) in the morning simultaneously on my picture in picture TV set while getting ready for work in the morning.

2 MoneyEnergy August 2, 2008 at 6:28 pm

Sounds like a good routine. Would be interesting to do a poll here on everyone’s favourite resources for business and investing information.

3 MoneyEnergy August 3, 2008 at 12:22 am

Actually many of their shows are taped and available for watching from their site, so anyone can do this from anywhere. See especially their postings of each advisor’s “top picks” for the period.

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