Viewing Expert Mike S. Newton, CIM FCSI | StockChase
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Compiling comments that experts make about stocks while on public TV.

Viewing Expert

Mike S. Newton, CIM FCSI , Director & Portfolio Manager

Scotia Wealth Management

Address
40 King Street West, 49th Floor
Toronto, ON
M5H 3Y2

Contact Info
Telephone: 416-350-1192
Toll Free: 1-800-399-8520
Email:
Website: http://www.newtongroupwealth.com/


Date Signal Chart Symbol Company Opinion Price
2017-02-27 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market. If the market holds out in February, it will be the 13th consecutive month that the TSX has gone up, and it hasn’t happened that many times since 1981-1982 and back in the 1960s. It makes you wonder when the pullback is coming. One of the most frustrating markets for people who are underinvested, or who have a lot of cash and who are trying to find some type of pullback to get in on. There were a lot of positive comments from Warren Buffet over the weekend. Thinks the real tell will be tomorrow late, when we see whether or not Trump does a big meandering speech without any specifics, or if he actually gets into detail. We need to really see some detail in the State of the Union address, otherwise there will be a lot of concern on what is going on. Thinks buying an index fund at these levels is going to be a bit of a riskier play than most people think. Underneath the broad market, there is still some good value.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
_N/A
2017-02-27 BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Canadian Banks? Banks had a good run last until Friday, where they were up about 8%. They were all down today which brings them to about 6%. They’ve had a great 16 month run, but looking at a longer-term chart, they really didn’t do much for about 3 years. The quality of their mortgage Book is good. Thinks they are emerging out of a five-year run, so he is still happy to be in them. He would be buying all 5. (He is more inclined to be in the US banks through the Hamilton Capital Global Bank ETF (HBG-T).)


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2017-02-27 COMMENT Must be logged in to use chart AAPL-Q Apple

This was a great win for him for 8-9 years. Has been out of the name for about 2 years. He has always been a big believer in their eco-system, but is really confused by why they haven’t bought some of their competition.


Price:
$136.930
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
No
2017-02-27 PAST TOP PICK Must be logged in to use chart ACQ-T AutoCanada Inc.

(A Top Pick April 27/16. Up 10%.) A little too volatile for his liking. The only multi-dealership auto publicly traded company. They are perceived to be predominantly Alberta-based, and have to continue to move over to the GTA, which will be the key focus for their growth going forward.


Price:
$23.100
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
No
2017-02-27 PAST TOP PICK Must be logged in to use chart ADBE-Q Adobe Systems

(A Top Pick April 27/16. Up 24%.) It surprises him how well they do. They are winning business from Fortune 500 companies at a record pace. Their latest earnings report demonstrated that. The ability is for mobile to be sent out and reach customers in a much more visual way. Adobe is really helping companies get that done. Still a buy.


Price:
$118.780
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2017-02-27 TOP PICK Must be logged in to use chart ATD.B-T Alimentation Couche-Tard (B)

Thinks this is a victim of consolidation and a little bit of index competition. If you are in Canada, this is a great place to hide until energy stocks do really well. At 15X earnings it is about as cheap as you are going to find it for really good long-term growth. They continue to do an extremely good job with M&A. Dividend yield of 0.6%. (Analysts’ price target is $77.50.)


Price:
$60.070
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2017-02-27 COMMENT Must be logged in to use chart BAC-N Bank of America

Feels a lot of people are hoping this is going to happen and if he is wrong, he will be running for the hills. The US banks have really done nothing for about 11 years and he feels they have a lot of upside from here.


Price:
$24.570
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2017-02-27 COMMENT Must be logged in to use chart CBI-N Chicago Bridge & Iron Co.

The kind of torque that he thought he would get from an industrial name. It felt like a Trump stock. He still likes it. They have been plagued by a decline in oil prices and oil drilling activity, because they are still perceived to have a very big oil/gas drilling business, but thinks it is lower than what people think.


Price:
$34.310
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2017-02-27 PAST TOP PICK Must be logged in to use chart CMCSA-Q Comcast Corp

(A Top Pick April 27/16. Up 24%.) This just did a 2 for 1 stock split last week, and continues to have huge market leadership. They continue to roll out the X1 Infinity Operating system. This has a pretty captive audience and a really good subscriber rate. It should be part of everybody’s portfolio. Still a buy.


Price:
$37.530
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2017-02-27 COMMENT Must be logged in to use chart COST-Q Costco Wholesale

A retailer that continues to do very well. They had some hiccups in 2015 where they had some earnings hits. A low volatile name. Suffering a little bit of rotation problem right now, because people are getting excited about the more highflying names, but every time this pulls back, generally speaking it has been a good time to buy.


Price:
$177.620
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
No
2017-02-27 TOP PICK Must be logged in to use chart GEM-N Goldman Sachs ActiveBeta Em Mkts Equity ETF

Emerging markets are breaking out from a long-term, 5-7 years, sideways move. The valuation on this is really interesting. The weighted average P/E ratio is 13.7. It is about 70% Asia, and more specifically about a quarter is China. Has had a good run being up about 25% in 12 months, but thinks that will continue.


Price:
$29.260
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2017-02-27 BUY Must be logged in to use chart GIB.A-T CGI Group (A)

Growing rapidly. 55% of revenues are from Europe. It has shown very, very good low volatility nature over the years. Probably something that you want to own. He’s always preferred looking at an Open Text (OTEX-T), Constellation Software (CSU-T) or in the IT area.


Price:
$61.550
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
No
2017-02-27 COMMENT Must be logged in to use chart GILD-Q Gilead Sciences Inc.

Something he was very excited about owning for about 5-6 years, and it did very, very well. Using his stop-loss strategies, he was able to pull out of the name when Hillary Clinton started talking about drug costs. Believes this has an absolutely, ridiculous, low PE ratio. Their hepatitis C drug looks like it is their one trick pony, which is causing it to pull back. This whole space is getting pretty long in the tooth of a downward trend in the cycle. Thinks the selloff is overdone. The kind of thing where we have to start looking for some value. Attractive at this level.


Price:
$70.500
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
No
2017-02-27 BUY Must be logged in to use chart GOOGL-Q Alphabet Inc. (A)

Trading at an all-time high, and the only advantage of buying it now is that the Cdn$ is slightly stronger now than a year ago. These companies are onto a big, big trend. 1.5% or a 2% starting position is not a bad idea.


Price:
$849.670
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2017-02-27 COMMENT Must be logged in to use chart KXS-T Kinaxis Inc

This keeps surprising him with new highs. Has a great business relationship with Accenture (ACN-N) which continues to do very well. Getting a bit top-heavy at around $72. He’ll continue owning as long as the trend continues to work, and they keep printing good numbers in their quarterly reports. He is trailing this with stop losses.


Price:
$71.810
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
Showing 1 to 15 of 1,026 entries
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1 Comment

StockNewbie

March 14th 2015 at 10:19am

I enjoy your views and opinion Mike. Thank you


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