Viewing Expert Christine Poole | StockChase
stockchase picture

Compiling comments that experts make about stocks while on public TV.

Viewing Expert

Christine Poole , CEO & Managing Director

GlobeInvest Capital Management


Date Signal Chart Symbol Company Opinion Price
2017-01-11 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market. The P/E ratio for the S&P 500 is at about 17X 2017 estimated earnings, above the long-term historical averages of 14X or 15X. Some strategists have upwardly revised numbers for this year on the premise that Trump is able to get through his corporate tax cuts, from 35% down to 15%. For every 1% cut, it adds about $1.80 to earnings, so if he even does 5% and brings it to 20%, that could potentially add $20 to 2017 earnings. We do need the profit growth to come through. Right now, the expectation for the 4th quarter earnings is that they are going to grow about 4.5% year-over-year. Usually they surprise to the upside because companies are cautious. We should have less headwinds with energy.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
_N/A
2017-01-11 COMMENT Must be logged in to use chart AAPL-Q Apple

The PE multiple is low at about 10 or 11 times. Not a lot of growth and clarity, because the iPhone’s market penetration has probably been saturated. They are coming out with a new phone later this year, which is supposed to be quite a new design compared to the prior ones. They have a lot of cash sitting overseas, so if Trump is successful in reducing the repatriation tax from 35% to 10%, this company will be a natural beneficiary. Then the question is, what do they do with that money.


Price:
$119.750
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2017-01-11 HOLD Must be logged in to use chart AQN-T Algonquin Power & Utilities Corp

Primarily renewable power, and she likes that space. A well-managed company. Quite attractive to some of the other utility stocks out there. 5.1% dividend yield.


Price:
$11.230
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2017-01-11 PARTIAL BUY Must be logged in to use chart ARX-T Arc Resources Ltd

67% natural gas liquids, and their properties are in very low cost regions, Northeast BC. Like many other producers, they’ve cut the CapX budgets from a few years ago, and are kind of repositioning where they want to focus. They are increasing their CapX budgets this year. At these price levels, she would start nibbling.


Price:
$21.440
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2017-01-11 COMMENT Must be logged in to use chart ATD.B-T Alimentation Couche-Tard (B)

A great operator of convenience stores, as well as being good acquisitors. As a value manager, she has always had difficulty on the valuation, but it is always on her watch list. This $10 pull back could just be with the postelection rally, where we saw money flowing from groups that had done fairly well into the more cyclical areas. If you are more of a growthier investor, you could start picking away at this.


Price:
$60.100
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2017-01-11 COMMENT Must be logged in to use chart BTE-T Baytex Energy Corp

She is more constructive on crude oil than she was last year, but at $51-$52 it is probably range bound. She hadn’t increased her exposure in the energy sector last year, but is starting to add a bit more now. This particular company is not on her list.


Price:
$6.100
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2017-01-11 COMMENT Must be logged in to use chart CCO-T Cameco Corporation

There has recently been a rally in uranium stocks. The general impression is that uranium prices have probably troughed at the $20 spot level. There is no near term catalyst to get the prices going up. It is unprofitable at this level for mines to be producing, and mines have been shutting down. Nuclear reactors have been very slow to start up with very weak demand for uranium.


Price:
$16.370
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2017-01-11 PAST TOP PICK Must be logged in to use chart CGX-T Cineplex Inc

(A Top Pick Feb 9/16. Up 8.6%.) They are doing very well on their theatre side. They have no controls on the movie slate, but have made a lot of good effort on diversifying the revenue stream. We are seeing that with the opening of the rec rooms. The media side, which is about 20% of their revenue, is increasing with all the digital signage. They got the A&W across North America. Yield of 3%.


Price:
$51.690
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2017-01-11 COMMENT Must be logged in to use chart CJR.B-T Corus Entertainment (B)

Just reported and results were a bit weak. They bought the media assets of Shaw Communication (SJR.B-T) last year, and are really in the process of integrating those assets. Media is going through a lot of change in terms of how people watch the various stations and networks. She doesn’t have any Canadian media plays. 8.7% dividend yield, which is always a flag that they may cut.


Price:
$12.870
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2017-01-11 HOLD Must be logged in to use chart CVS-N CVS Health Corp

This pulled back because it had to reduce its earnings guidance for this upcoming year. They had been guiding for 10%-14% growth for the next few years, and have had to reduce that to 10% going forward. This is because their drug retail side has been excluded in certain pharmacy networks. The valuation is very attractive at about 13 or 14 times forward earnings. A well-managed company.


Price:
$82.770
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2017-01-11 DON'T BUY Must be logged in to use chart GE-N General Electric

This has been repositioning its portfolios businesses over the last 5-6 years since the financial crisis. They were decreasing their exposure in GE Capital, retrenching in those businesses and selling off some. In October they announced a joint venture with Baker Hughes where GE is going to own 60%. They still have 8 different reporting segments, with none accounting for 20% of their earnings. Still very diversified. Trading at about 20X forward earnings, so it is not really that attractive. With divesting of assets, they have to replace the earnings those assets were generating. They’ve been putting some of that money into share buybacks, but that can only go on so long. She prefers others.


Price:
$31.470
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2017-01-11 TOP PICK Must be logged in to use chart GIB.A-T CGI Group (A)

Half their business is outsourcing and the other half is consulting. The outsourcing part is long-term contracts with a nice recurring revenue stream. Their last acquisition was Logitech a few years ago, so their exposure to Europe is quite high. They are in a position to make another acquisition to grow a vertical market or geographically, and she thinks their preference is in the US. They are quite stringent on guidelines as to how much they are going to pay. Meanwhile they are actually seen some nice organic growth in the financial vertical. That industry is experiencing new competition in terms of new FinTech start-up companies, which is stirring the incumbents to increase productivity, cut costs and outsource, which all benefits CGI. On the whole digital arena, they provide fibre safe security. (Analysts’ price target is $70.55.)


Price:
$65.270
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2017-01-11 COMMENT Must be logged in to use chart GILD-Q Gilead Sciences Inc.

Trading at a pretty low PE multiple, but are experiencing a lot of competition on a few of their key branded drugs. There is not a lot of visibility going forward on what earnings are going to look like. The pharmacy industry seems to be going through a transition. We are seeing consolidation, because that is a way to grow where they can get synergies and cut costs. Not only does this have uncertainty regarding pricing, but are also experiencing competition in their own branded drugs.


Price:
$73.770
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2017-01-11 PAST TOP PICK Must be logged in to use chart GOOGL-Q Alphabet Inc. (A)

(A Top Pick Feb 9/16. Up 17.52%.) She still likes this. It actually lagged during the whole post election rally. She likes the secular play on online advertising, which is a growing trend. Of all the digital ads in the US, this company takes about 40%, and she expects this to continue. Trading at about 21X forward earnings, which is reasonable given that she thinks their earnings can grow in the 18%-20% range over the foreseeable future.


Price:
$804.570
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2017-01-11 PAST TOP PICK Must be logged in to use chart HD-N Home Depot

(A Top Pick Feb 9/16. Up 21.74%.) This is really a play on the US economy, US GDP growth, employment growth, etc. They are all trending up and are reasonably healthy. As housing starts and turnovers improve, that will promote housing renovations and repair. About two thirds of US housing is over 30 years old, which means more repair and renovations. Good dividend yield of 2.1% and always increase it every year.


Price:
$135.700
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
Showing 1 to 15 of 2,010 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.