Viewing Expert Paul Gardner, CFA | StockChase
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Compiling comments that experts make about stocks while on public TV.

Viewing Expert

Paul Gardner, CFA , Partner and Portfolio Manager

Avenue Investment Management

Address
47 Colborne Street
Suite 300
Toronto, ON
M5E 1P8

Contact Info
Telephone: 416.482.2004
Toll Free: 888.482.2007
Fax: 416.482.0007
Email:
Website: http://www.avenueinvestment.com/


Date Signal Chart Symbol Company Opinion Price
2017-03-28 BUY Must be logged in to use chart BAC-N Bank of America

They raised their dividend quietly, but not too aggressively.  They are at the higher end of capital requirements.  They did a lot of stock buybacks.  He would not be surprised if they raised their dividend soon.  He likes it.  They are the largest deposit holder.  If interest rates rise it drops directly to their bottom line.  He is pretty sure deregulation is going to happen and there will be re-valuation.


Price:
$23.480
Subject:
FIXED INCOME, LARGE CAP DIVIDENDS AND REITS
Bias:
OPTIMISTIC
Owned:
Yes
2017-03-28 TOP PICK Must be logged in to use chart BCE-T BCE Inc.

Tremendous free cash flow yield.  It is in the best position of all the telcos and cable companies.  Fiber to the home has a compelling element. They are tremendous cost cutters.  (Analysts’ Target:  $60.00).


Price:
$58.910
Subject:
FIXED INCOME, LARGE CAP DIVIDENDS AND REITS
Bias:
OPTIMISTIC
Owned:
Yes
2017-03-28 TOP PICK Must be logged in to use chart BTE-T Baytex Energy Corp

6.625% bonds maturing 2022.  He feels they are a much safer investment.  You don’t have to hope oil comes back. 


Price:
$0.020
Subject:
FIXED INCOME, LARGE CAP DIVIDENDS AND REITS
Bias:
OPTIMISTIC
Owned:
Yes
2017-03-28 BUY Must be logged in to use chart CAR.UN-T Canadian Apartment Properties

They have some exposure to Alberta but most is Ontario, Quebec and BC.  There is very little vacancy.  They have executed incredibly well. He likes the company and its assets.  This one is defensive in nature.  Apartments do well in a real estate downturn.


Price:
$33.350
Subject:
FIXED INCOME, LARGE CAP DIVIDENDS AND REITS
Bias:
OPTIMISTIC
Owned:
Unknown
2017-03-28 DON'T BUY Must be logged in to use chart CJR.B-T Corus Entertainment (B)

The yield tells you they are under stress.  They have underperformed.  We have seen a number of earnings misses.  It is an underperforming sector.  He does not know if the dividend is that sustainable.


Price:
$13.060
Subject:
FIXED INCOME, LARGE CAP DIVIDENDS AND REITS
Bias:
OPTIMISTIC
Owned:
Unknown
2017-03-28 BUY Must be logged in to use chart CTC.A-T Canadian Tire Corporation Ltd. (A)

They have executed well with their Marks brand, gas stations and financial arm.  They are one of the few retailers that has constantly made growth and dividend growth.  They even succeeded in holding their own when Wal-Mart came to Canada.


Price:
$154.910
Subject:
FIXED INCOME, LARGE CAP DIVIDENDS AND REITS
Bias:
OPTIMISTIC
Owned:
Unknown
2017-03-28 DON'T BUY Must be logged in to use chart D.UN-T Dream Office REIT

He avoided it for years.  It got crushed in Alberta.  The biggest issue is the quality of their assets.  Management has a contract that is based on growth and is excessive.  Avoid it.


Price:
$19.250
Subject:
FIXED INCOME, LARGE CAP DIVIDENDS AND REITS
Bias:
OPTIMISTIC
Owned:
Unknown
2017-03-28 PAST TOP PICK Must be logged in to use chart DH-T (Dead) DH Corporation

(Top Pick Feb 17/16, Down 17%) They are effectively being taken out.  He liked what they were acquiring.  The problem was their execution failed and they bought acquisitions through debt.  It was a bit of a miss.


Price:
$25.200
Subject:
FIXED INCOME, LARGE CAP DIVIDENDS AND REITS
Bias:
OPTIMISTIC
Owned:
Yes
2017-03-28 COMMENT Must be logged in to use chart ENF-T Enbridge Income Fund Holdings

He prefers the income fund.  They are tremendously good at return on equity and capital.  He does not know of anything specific about why they are down today.  It may be the record date being 3 days before today.  You would not get the dividend if you bought it today.  Today they decided to sell half a million worth of assets to the income fund.


Price:
$33.330
Subject:
FIXED INCOME, LARGE CAP DIVIDENDS AND REITS
Bias:
OPTIMISTIC
Owned:
No
2017-03-28 WATCH Must be logged in to use chart FCR-T First Capital Realty

Generally the sector has underperformed.  The largest shareholder has done a secondary offering of their shares.  The feeling is that they will keep selling down.  But this is a fantastic company.  They are incredibly defensive.  They execute well.  He is closer to looking at buying it.  Net operating income should really pop over the next couple of years.


Price:
$19.860
Subject:
FIXED INCOME, LARGE CAP DIVIDENDS AND REITS
Bias:
OPTIMISTIC
Owned:
No
2017-03-28 BUY Must be logged in to use chart HOT.UN-T American Hotel Income Properties

An interesting REIT.  Most properties are situated in the US.  2/3rds of the hotels service railways.  Railway workers have to have specific rest periods.  A large part of their business is focused on exactly that.  It is an extremely stable business.  The only issue is that it is sensitive to railway traffic.  Last year has been generally really good.  It is safe and he likes it.  It is too small cap for him.


Price:
$10.850
Subject:
FIXED INCOME, LARGE CAP DIVIDENDS AND REITS
Bias:
OPTIMISTIC
Owned:
No
2017-03-28 DON'T BUY Must be logged in to use chart HR.UN-T H&R Real Estate Inv Trust

It is a diversified office, residential and industrial REIT.  It is geographically diversified.  They have been selling down Alberta assets.  Alberta is not going to go anywhere for the next year or two. There are a lot of moving parts.  He has trouble understanding individual parts.  He does not think it is going to go anywhere anytime soon. 


Price:
$23.100
Subject:
FIXED INCOME, LARGE CAP DIVIDENDS AND REITS
Bias:
OPTIMISTIC
Owned:
Unknown
2017-03-28 DON'T BUY Must be logged in to use chart IGM-T IGM Financial Inc.

It has issues.  Its underlying mutual funds are generally high fees.  It is more vulnerable to a sell off because the shares are expensive, 17 times PE.  The mutual fund space is being hit with lower fees. 


Price:
$40.720
Subject:
FIXED INCOME, LARGE CAP DIVIDENDS AND REITS
Bias:
OPTIMISTIC
Owned:
Unknown
2017-03-28 PAST TOP PICK Must be logged in to use chart JPM-N JP Morgan Chase & Co

(Top Pick Feb 17/16, Up 54%) The banking sector has been incredibly cheap.  It was about the recovery of the US market.  They cut costs.  It is still best in class. 


Price:
$88.600
Subject:
FIXED INCOME, LARGE CAP DIVIDENDS AND REITS
Bias:
OPTIMISTIC
Owned:
Yes
2017-03-28 HOLD Must be logged in to use chart TF-T Timbercreek Financial Corp

There was a real disconnect between two entities within the company they decided to merge and that allowed them to trade closer to NAV.  They increased their distribution recently.  He still likes it.


Price:
$9.410
Subject:
FIXED INCOME, LARGE CAP DIVIDENDS AND REITS
Bias:
OPTIMISTIC
Owned:
Yes
Showing 61 to 75 of 1,275 entries
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