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A National Bank location in Toronto.Deborah Baic/The Globe and Mail

National Bank Financial regularly publishes its "Action List" of favourite stocks, listing a handful that its analysts consider "the most compelling ideas."

Membership is exclusive because an analyst can nominate no more than 10 per cent of his or her covered companies for inclusion. At the same time, NBF doesn't require that an analyst always have a name on the list.

The action list has a good track record for beating the broader market, so it's always worthwhile checking in to see what's hot.

As of this week, there are only nine stocks in the group: Héroux-Devtek, Open Range Energy, Open Text, Progressive Waste Solutions, Provident Energy, Semafo, Telus, Toronto-Dominion Bank and Valeura Energy. The one change that NBF made from a week earlier is naming Open Range Energy a restricted stock, most likely because it is now providing investment banking services to the firm.

Before that, the last change was a price target adjustment on TD shares, down $3 to $94.

D-Box and Enbridge were removed from the action list on Aug. 29, while Héroux-Devtek was added.

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