EYE ON EQUITIES / / STOCKS THAT SHOULD BE ON YOUR RADAR SCREEN / BY ALLAN ROBINSON /

Schlumberger Ltd.

(SLB-NYSE)

Monday's close $58.85 U.S., down 50 cents

Schlumberger Ltd. expects that as a result of offshore oil discoveries the long-term demand for deepwater drilling services will recover despite the moratorium on drilling in the Gulf of Mexico, said Robin Shoemaker, an analyst with Citigroup Global Markets.

Upside: The shares are reiterated "buy" with a price target of $77 (U.S.) and forecast share profit of $2.80 in 2010 and $3.60 in 2011.

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Cascades Inc.

(CAS-TSX)

Monday's close $6.84, down 32 cents

Cascades Inc., a manufacturer of packaging and tissue products from recycled fibres, should show improved profitability in its containerboard and boxboard businesses, said Pierre Lacroix, an analyst with Desjardins Securities.

Upside: The shares are reiterated "buy" with a price target of $10 and a forecast share profit of 68 cents in 2010 and 73 cents in 2011.

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West Fraser Timber Co.

(WTF-NYSE)

Monday's close $34.95, down 5 cents

West Fraser Timber Co. has $690-million in cash and securities and its strong second-quarter results reflect higher lumber, pulp and newsprint prices, said RBC Dominion Securities analyst Paul Quinn. "We are bullish on the medium and long term."

Upside: The shares are reiterated "sector perform" with a price target of $40. The forecast 2010 share profit was increased to $3.87 from $2.35 and the 2011 earnings are estimated at $5.52 a share.

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CGI Group Inc.

(GIB.A-TSX)

Monday's close $16.23, down 42 cents

CGI Group Inc., a systems integration, consulting and outsourcing company, has announced deals valued at about $500-million during the third quarter and its extended acquisition offer for Stanley Inc. should help boost future profit, said Tom Liston, an analyst with Versant Partners.

Upside: The shares are reiterated "buy" with share profit forecasts of $1.23 in fiscal 2010, $1.26 in 2011 and $1.34 in 2012. The price target is $17.50.

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Teck Resources Ltd.

(TCK.B-TSX)

Monday's lcose $36.88, down 12 cents

Teck Resources Ltd. is reiterated "action list buy" despite recent weakness in the coking coal markets resulting from a surge in supply, said TD Securities analyst Greg Barnes. TD forecasts coal prices in 2011 of $220 (U.S.) a tonne, compared with $200 in the second half of 2010.

Downside: The share price target was lowered to $47 from $50 with a profit forecast of $2.82 in 2010 and $4.48 in 2011.

SOURCE: BLOOMBERG