Viewing Expert Lyle Stein | StockChase
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Compiling comments that experts make about stocks while on public TV.

Viewing Expert

Lyle Stein , Sr. Portfolio & Managing Director

Vestcap Investment Management


Date Signal Chart Symbol Company Opinion Price
2017-06-27 COMMENT Must be logged in to use chart FTS-T Fortis Inc.

Because this has had a steady increase in their dividend year after year, the stock has been climbing. As interest rates go down, stocks go up. One of the premier electric utilities to own. Dividend yield of 3.4%.


Price:
$46.530
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
No
2017-06-27 BUY Must be logged in to use chart HBM-T Hudbay Minerals Inc.

This, like all material stocks, has been punished as the world has been concerned about a Chinese slow down. Zinc is looking really, really interesting as inventories are hitting 7-10 year lows. Copper is going to get tight as we go into 2020. You have to have a timeframe that is 10 years, as you have to get a cycle. Has a good balance sheet.


Price:
$7.370
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
2017-06-27 DON'T BUY Must be logged in to use chart HCG-T Home Capital Group

Warren Buffett’s announcement came out and the stock rallied, which he contributed to Short rallying. Now the question comes down to valuation. This company has a BV of about $19, and currently seems to be settling down below that. He is not interested in the stock at this price.


Price:
$16.220
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
No
2017-06-27 COMMENT Must be logged in to use chart HMMJ-T Horizon's Medical Marijuana

Something he is not looking at closely. The rise in marijuana stocks is new, and reminds him a lot of the rise of some of the emerging technology stocks back in 1999. It may pay off well, but the industry is so uncertain at this point. The rules on marijuana have yet to be put in place. This is a trader’s vehicle, not necessarily an investor’s vehicle. Not an area he would be investing in.


Price:
$8.570
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
No
2017-06-27 COMMENT Must be logged in to use chart IPL-T Inter Pipeline

This has suffered along with the decline in oil price. It is much more directly related to energy prices. Has a good yield, which he thinks is safe and stable. At these prices, this is looking more and more attractive. 6.5% dividend yield.


Price:
$25.170
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
No
2017-06-27 COMMENT Must be logged in to use chart MG-T Magna Int'l. (A)

Auto sales have gone up, up, up and have peaked at around 17.5-18 million vehicles. This is cheap, because it is selling all the products to a world of 17.5 million vehicles. The question is, what is 2018, and more importantly 2019-2020 going to look like. This could then be followed by vehicles driven by robots. His view is that manufacturing will probably go below 17 million vehicles in 12-18 months.


Price:
$58.870
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
No
2017-06-27 HOLD Must be logged in to use chart NFI-T New Flyer Industries Inc.

He likes what they are doing, and how the North American fleet is expanding, and how they are participating. The basic business model makes sense.


Price:
$54.680
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Unknown
2017-06-27 TOP PICK Must be logged in to use chart NPI-T Northland Power Inc

Big wind generator in the North Sea. He likes the assets. It started as an alternative energy provider in Ontario and then spread across Canada, followed by a big foray into Europe about 10 years ago. This is now starting to pay off big time. Their 1st wind plant, Gemini, is now generating cash. Nordsee will be generating cash by the end of this year. Just announced a 3rd offshore wind plant that will be coming on in a couple of years. Dividend yield of 4.6%. (Analysts’ price target is $26.50.)


Price:
$23.320
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
2017-06-27 HOLD Must be logged in to use chart PEY-T Peyto Exploration & Develop.

Canadian gas has not been the most popular place to be, but this has been one of the great gas plays. When gas comes into favour, this company moves. The gas story is not as dead as the market makes it out. The US is now an exporter of gas, which is a big change. The petrochemical industry in the Houston area is a huge consumer of gas, and will be because they are building plants left, right and centre. Mexico is getting gas exports from the US. Even Canada is getting some. The market is changing, and at some point, the favourable sentiment will change to the gas industry.


Price:
$23.740
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Unknown
2017-06-27 COMMENT Must be logged in to use chart TA-T Transalta Corp

You buy this because of its assets and the ability of those assets to generate cash flow. Feels the Alberta electric generation market is still subject to a lot of question marks. He would rather own wind power in Europe.


Price:
$8.010
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Unknown
2017-06-27 TOP PICK Must be logged in to use chart TECK.B-T Teck Resources Ltd. (B)

This has met coal, copper, zinc and oil. People are forgetting the zinc story. Zinc is really, really tight and is just starting out to see a run. 3 years out, copper is going to be very tight. Met coal is $140, and their costs are $90. Dividend yield of 1%. (Analysts’ price target is $37.)


Price:
$21.760
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
2017-05-09 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market. This market doesn’t want to give up. It is an interesting market from a lot of perspectives. He is Long equities, more so than normal, but still has a lot of cash. Doesn’t believe in the bond market. A lot of things have gone right; the volatility index VIX, is at an all-time low and markets are at an all-time high. Interest rates continue to creep up, which is typically is a headwind. Corporate earnings have been good, but are in the areas that nobody is buying. Canada, after having been the best performing market last year, has really lagged, not just in energy and materials, but financials as well. Today he is 80% in equities. Of that 80%, 16%-18% would be in the US.


Price:
$0.020
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
_N/A
2017-05-09 PAST TOP PICK Must be logged in to use chart AEM-T Agnico-Eagle Mines

(A Top Pick July 5/16. Down 12%.) At that time, this was running up and gold looked much better. Believes this is the premier company in Canada. They’ve been very good at bringing up mines. A growth business that happens to be in the gold mining industry.


Price:
$63.480
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Yes
2017-05-09 COMMENT Must be logged in to use chart ALA-T Altagas Ltd

This has been quite active in acquisitions. They bought Washington Gas & Light company in the DC area, as a big foray into the US. They feel it provides them with some unique diversification, as well as a kind of rollup capacity in the market. It is going to be a “show me” story, and is going to take a long time. In the meantime, they’ve suffered with the oil/gas patch in general. It’s quite exposed to gas in its midstream operations. He believes the 6% dividend is safe. It probably won’t be growing as quickly as it has, because they have to absorb the WGL assets. They successfully raised capital. Thinks they are in OK shape, but doesn’t feel this is the best place to be in that space right now. Prefers others.


Price:
$31.230
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
No
2017-05-09 COMMENT Must be logged in to use chart ARX-T Arc Resources Ltd

Has been dramatically underweight in the energy space. He started the year with a view that oil was going to be $45-$55 for this year. Bargains are starting to appear. In the oil patch, this is one of those names he would be looking at. It’s liquid and it is well run.


Price:
$17.740
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
No
Showing 61 to 75 of 747 entries
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