Viewing Company Air Canada | StockChase
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Compiling comments that experts make about stocks while on public TV.

Air Canada Stock Symbol: AC-T

Last Price Recorded: $27.0700 on 2017-10-17

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Date Signal Expert Opinion Price
2017-10-12 BUY Bruce Campbell (2)

It just continues to exceed expectations here.  It looks like the airlines globally are continuing to accelerate their revenue.  They figured out a few years ago how to charge for bags and make a tonne of money out of that.  They took some capacity out of the service and planes are fuller.  They are benefiting from the growing economy and they service global destinations.  He would not expect the same rate of increase as in the past year.  When airlines top out they will have a big pullback. 


Price:
$27.760
Subject:
CANADIAN
Bias:
OPTIMISTIC
Owned:
Unknown
2017-10-05 COMMENT Fabrice Taylor

2 years ago, the CEO said he was going to build up Rouge to compete at the lower end and Sunbelt as destination markets. Also was going to try to get some US traffic to use Air Canada. There were a lot of sceptics, and the stock didn’t do well for about 6 months, but it is proving out now. The model is working. It is currently hitting a 52-week high and thinks it is going to go higher.


Price:
$26.730
Subject:
CANADIAN SMALL & MIDCAPS
Bias:
UNKNOWN
Owned:
Unknown
2017-10-04 WEAK BUY Jerome Hass

Plugged his nose and bought this a year or 2 ago, because he has Short positions in the airline sector so is using Air Canada for hedging purposes. It had a phenomenal run this year. He would be cautious about adding to it. It should trade closer to its American peers, and is trading at a discount, so he does see some upside.


Price:
$26.050
Subject:
CANADIAN MIDCAP
Bias:
UNKNOWN
Owned:
Yes
2017-09-29 PARTIAL SELL Gavin Graham

Sell? If you’ve got a profit from an airline, it is never wrong to lock some of it in. There are so many things that an airline can’t control, such as the number of people flying, the price they pay, jet fuel prices, etc. At least, take your original cost out.


Price:
$26.240
Subject:
NORTH AMERICAN/GLOBAL - LARGE
Bias:
UNKNOWN
Owned:
Unknown
2017-09-14 HOLD Bruce Campbell (2)

Has done phenomenally well over the last 1.5 years. We are starting to see real efficiencies in the business. This airline has an investor day coming up next week, and most analysts are expecting they are going to have some type of announcement about some innovative business they are going to do. The stock is reasonably valued, and technically it is very strong. He is continuing to hold this.


Price:
$23.810
Subject:
CANADIAN
Bias:
OPTIMISTIC
Owned:
Yes
2017-09-13 SELL Michael Sprung

Hurricanes cause a disruption of services, but it is going to be temporary. You have to look at the bigger picture. Airlines appear to be facing more and more competition. Has always been wary of airline stocks as you are dealing with extremely expensive aircraft and largely unionized employees and a very competitive environment for price setting. Airlines have had a good run over the last while, and if he owned any, he would be taking profits.


Price:
$23.590
Subject:
CANADIAN LARGE
Bias:
CAUTIOUS
Owned:
No
2017-09-08 COMMENT David Cockfield

The stronger Cdn$ means operational costs are less expensive. He has a real bias against airlines, simply because he has seen so many fade away. Considers them a little too risky for the portfolios he manages. Not sure what all this crazy weather is going to do. He is also a believer that energy costs are probably at a bottom here and will be edging their way up over the next year or so.


Price:
$22.080
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
No
2017-09-01 HOLD Ross Healy

Buy, Sell or Hold? There is kind of a question mark to the stock. First of all, based on current earnings forecasts, there is a huge upside potential still ahead. The industry is as cyclical as the dickens when you get very high valuations on a Price to Book basis. This one is trading at about 3X its BV. The long-term peak on the stock has been 2X. Historically this tends to be dragged down again to its typical level. The issue with Air Canada is that their balance sheet is okay, but it isn’t fantastic. When they have got an extraordinarily high P/B ratio, they should be raising all the equity they can possibly get. They should build up their fortress and get ready. If you own, have a Stop/Loss of about $20.


Price:
$23.240
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2017-08-22 BUY David Baskin

It has been a great stock to own the last couple of years.  He had pledged not to own any airline years ago, but fell off the wagon this year and bought Delta.  The airline industry has changed.  There are only 4 big carriers left in North America.  They charge you for everything.  The airlines have finally figured out how to make money.  They have low fuel prices.  As the middle class rebuilds its balance sheet there is more travel going on.  Travel is a lifestyle choice, spending money on it rather than on cars.


Price:
$23.040
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2017-08-18 DON'T BUY Norman Levine

You should never own airlines for the long term.  They are extremely cyclical industries.  They have done a wonderful job of taking costs out of their operations.  AC-T had a huge run and he does not know how long it will continue.


Price:
$22.450
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Unknown
2017-08-11 COMMENT David Cockfield

He’s been in business a long time and has seen a number of airlines disappear, so is very nervous about investing in them. When fuel costs are low and the economy is doing okay, airlines do well, but if things turn a little negative they are one of the first ones to suffer.


Price:
$22.110
Subject:
CANADIAN & ETF's
Bias:
CAUTIOUS
Owned:
No
2017-08-08 DON'T BUY Lyle Stein

Airlines are stocks that you want to rent, not own. They are notoriously volatile. You have seen the good side of the volatility, but the question is, what can it do to continue. What is out there that we don’t know? Everything seems to be hitting right in this company’s case, but you are working with margins that are very thin, and if anything bad happens, down it goes.


Price:
$21.930
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
No
2017-07-12 BUY on WEAKNESS Christine Poole

Not an industry she typically invests in. The stock has done quite well. If you want to enter the stock, wait for a lower price point.


Price:
$20.800
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2017-07-10 TOP PICK Gerard Ferguson

It is a cyclical stock.  It is benefiting from a dramatic increase in passenger traffic.  We have low fuel prices and the US dollar both benefitting them.  He thinks they will issue a surprise dividend at their investor day in September.  (Analysts’ target: $20.50).


Price:
$20.370
Subject:
CANADIAN
Bias:
SELECTIVE
Owned:
Yes
2017-06-08 WEAK BUY Benj Gallander

It is too hot for him, trading near historical highs.  He does not like buying stocks near historical highs.  It has heavy debt load.  Buffet has bought into US airlines after swearing he would never do it.  The guest prefers Air Tranasat, which he owns.  It is more interesting.


Price:
$17.970
Subject:
CONTRARIAN and VALUE INVESTING
Bias:
CONTRARIAN
Owned:
No
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