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

Viewing Expert

Michael Underhill , Portfolio Manager, Exempler Funds

Capital Innovations


Date Signal Chart Symbol Company Opinion Price
2016-10-24 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  Real assets such as Agriculture, Real Estate, Collectibles, Commodities, and infrastructure are at their cheapest relative to financial assets since the late 1920s.   When you look at some of the metrics on some of these you see monetary policy.  They prop up financial assets.  Emerging market real estate is really quite cheap.  Depending upon the type of real estate, there are different kinds of metrics.  Student housing, for example, looks cheap in Latin America but in the US it looks expensive.  People are going into Britain and buying real estate.  Companies that export outside of the UK are doing quite well.


Price:
$0.020
Subject:
GLOBAL AGRICULTURE, INFRASTRUCTURE & TIMBER
Bias:
SELECTIVELY BULLISH
Owned:
_N/A
2016-10-24 DON'T BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Financial services.  If you look at their ability to manage their rate exposure, they can’t manage it in Europe with negative interest rates.


Price:
$0.020
Subject:
GLOBAL AGRICULTURE, INFRASTRUCTURE & TIMBER
Bias:
SELECTIVELY BULLISH
Owned:
Unknown
2016-10-24 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Investing in US Companies.  Short term currency risks are the fastest way to lose money.  Be very careful round currency risk.  There is more currency risk and uncertainty to come.  Look for a fund that manages currency risk for you.  


Price:
$0.020
Subject:
GLOBAL AGRICULTURE, INFRASTRUCTURE & TIMBER
Bias:
SELECTIVELY BULLISH
Owned:
_N/A
2016-10-24 BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Favourite commodity recommendation with stability 5 years plus.  There is decreasing supply of trees worldwide and increasing demand.  Timber should appreciate 6% over the next 30 years.  You need to increase exposure as you see supply coming off line and decrease as demand comes on line. 


Price:
$0.020
Subject:
GLOBAL AGRICULTURE, INFRASTRUCTURE & TIMBER
Bias:
SELECTIVELY BULLISH
Owned:
Yes
2016-10-24 TOP PICK Must be logged in to use chart ABX-T Barrick Gold

They returned debt earlier this year.  Cost profitability has goes up and you will see better margins when they report later this week.  The uncertainty with US elections and dollar, gold will come back into favour.


Price:
$22.090
Subject:
GLOBAL AGRICULTURE, INFRASTRUCTURE & TIMBER
Bias:
SELECTIVELY BULLISH
Owned:
Yes
2016-10-24 BUY Must be logged in to use chart ADM-N Archer Daniels Midland Company

AGU-T vs. ADM-N.  AGU-T has the merger firmly baked into the stock.  ADM-T is well positioned with good commodity exposure and from here has a good 15-20% upside in the stock.  They don’t use opportunistic hedges but have a commodities trading desk and lock in some of their contracts.


Price:
$42.510
Subject:
GLOBAL AGRICULTURE, INFRASTRUCTURE & TIMBER
Bias:
SELECTIVELY BULLISH
Owned:
Unknown
2016-10-24 COMMENT Must be logged in to use chart AFN-T Ag Growth International Inc

It is a comparable to DE-N.  It has a nice chart, nice dividend and nice growth.  It is more of a growth play than DE-N, which is more of a value play. 


Price:
$47.650
Subject:
GLOBAL AGRICULTURE, INFRASTRUCTURE & TIMBER
Bias:
SELECTIVELY BULLISH
Owned:
Unknown
2016-10-24 DON'T BUY Must be logged in to use chart AGU-T Agrium

AGU-T vs. POT-T.  How much are the stocks going to be worth after the merger?  A lot of the value has been squeezed out of the play.  POT-T is more of a deep value play.  POT-T will give you a little bit better yield and is his preferred.


Price:
$124.280
Subject:
GLOBAL AGRICULTURE, INFRASTRUCTURE & TIMBER
Bias:
SELECTIVELY BULLISH
Owned:
Unknown
2016-10-24 DON'T BUY Must be logged in to use chart AGU-T Agrium

AGU-T vs. ADM-N.  AGU-T has the merger firmly baked into the stock.  ADM-T is well positioned with good commodity exposure and from here has a good 15-20% upside in the stock. They don’t use opportunistic hedges, but have a commodities trading desk and lock in some of their contracts.


Price:
$124.280
Subject:
GLOBAL AGRICULTURE, INFRASTRUCTURE & TIMBER
Bias:
SELECTIVELY BULLISH
Owned:
Unknown
2016-10-24 WEAK BUY Must be logged in to use chart ARE-T Aecon Group Inc

If you are looking for a company in the design and engineering space, this one can benefit.  They have not experienced the benefit in the last 3 to 5 years.  You could look at utilities in the shorter term.  It is one of the leading companies out there and there is nothing questionable about the balance sheet.  It is not the top idea in the portfolio, however. 


Price:
$17.980
Subject:
GLOBAL AGRICULTURE, INFRASTRUCTURE & TIMBER
Bias:
SELECTIVELY BULLISH
Owned:
Unknown
2016-10-24 BUY Must be logged in to use chart CFP-T Canfor Corp

CFP-T vs. CFX-T.  CFP-T has more leverage to building products.  He prefers it over CFX-T.  He does not invest in pulp.


Price:
$13.830
Subject:
GLOBAL AGRICULTURE, INFRASTRUCTURE & TIMBER
Bias:
SELECTIVELY BULLISH
Owned:
Unknown
2016-10-24 DON'T BUY Must be logged in to use chart CFX-T Canfor Pulp Products

CFP-T vs. CFX-T.  CFP-T has more leverage to building products.  He prefers it over CFX-T.  He does not invest in pulp.


Price:
$10.140
Subject:
GLOBAL AGRICULTURE, INFRASTRUCTURE & TIMBER
Bias:
SELECTIVELY BULLISH
Owned:
No
2016-10-24 PAST TOP PICK Must be logged in to use chart ETP-N Energy Transfer Partners L. P.

(Top Pick Jul 2/14, Down 21.54%) You look at the correction in oil hitting harder than expected and then you look at the yield and the outlook for energy.  This would be a good value play where you get paid to wait. 


Price:
$36.870
Subject:
GLOBAL AGRICULTURE, INFRASTRUCTURE & TIMBER
Bias:
SELECTIVELY BULLISH
Owned:
Yes
2016-10-24 COMMENT Must be logged in to use chart GLEN-LN Glencore

It has not been without its volatility.  They deleveraged in Jan/Feb this year.  They continued deleveraging and if you look at them now they are one of the more unique global diversified resource plays.  They are trying to conserve cash, pay off debt and sell non-core assets. 


Price:
$0.010
Subject:
GLOBAL AGRICULTURE, INFRASTRUCTURE & TIMBER
Bias:
SELECTIVELY BULLISH
Owned:
Unknown
2016-10-24 HOLD Must be logged in to use chart IBG-T IBI Group

It is an infrastructure spending play.  If you took a profit at this juncture you may be a bit early.  The planning phase takes years for one of these projects.  Infrastructure spending comes from fiscal stimulus.  There is going to be more infrastructure spending and more projects.  There will be a longer term need for these companies.  This stock has troughed out, but you could make more in the future. 


Price:
$6.330
Subject:
GLOBAL AGRICULTURE, INFRASTRUCTURE & TIMBER
Bias:
SELECTIVELY BULLISH
Owned:
Unknown
Showing 1 to 15 of 92 entries
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