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

Viewing Expert

Kash Pashootan , Sr. VP & Portfolio Manager

First Avenue Advisory, Raymond James


Date Signal Chart Symbol Company Opinion Price
2017-06-07 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market. Volatility has been ultra low, almost non-existent. Part of this is because investors are now becoming more accustomed or used to being bombarded with information. The last 5 years was more of the early stages of that. Access to information has never been as great as it is now. The early stages of that caused investors to over manage their accounts. The bigger risk is when you start to build immunity to bad news and you don’t see any volatility. That’s when you start seeing equities get ahead of themselves. Some volatility is a good thing, because it provides stocks with a reality check, and helps their valuations stay in line.


Price:
$0.020
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
_N/A
2017-06-07 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Gold. He has been quite bearish on commodities as a whole, particularly oil and energy over the last year. The last time he held gold was between June/07 until late 2012. In the last few months, he has started taking a weighting in this again. It is less of a call on gold going to $1500-$2000, but more from a portfolio construction perspective. We can’t get complacent because we have had no volatility and markets continue to head higher and higher. He started building some insulation into portfolios, without expecting any sort of a meltdown.


Price:
$0.020
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
Yes
2017-06-07 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

45 years of age. Are 50% dividends and 50% growth/higher risk a viable plan? At this age, you don’t need income, so there isn’t a necessity to invest in dividend paying stocks. His strategy is, whether you are 10 years from retirement or already retired, dividend only names. Even if you don’t need the income, dividend paying stocks is a great starting point. Generally, you are buying a business that has decades of earnings history behind it.


Price:
$0.020
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
_N/A
2017-06-07 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Just acquired $1 million. What do I invest in? The 1st question you need to ask is, do you need income from that capital. If you don’t, that allows you to have a little more volatility in your portfolio, and a longer-term time horizon. He would still use dividend paying equities, but if you don’t need income, it gives you some flexibility in terms of how much of it is in stocks versus Bonds. Focus on quality names. He is never more than 5% in one name.


Price:
$0.020
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
_N/A
2017-06-07 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

How many sectors do you need to invest in to be diversified? There is no magic number. He is a bottom-up investor, so he looks at the business to see how they make money, what the risks are, what the balance sheet looks like, debt, etc. There is no reason to stay away from any one specific sector. Generally, there are good businesses at reasonable valuations in all sectors.


Price:
$0.020
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
_N/A
2017-06-07 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

REITs? He has no exposure to the sector. If you are there for yield, you can get a similar yield in a lot of other Canadian companies, if not better. If you are there for share price appreciation, that space has skyrocketed over the last 5 years, and looks very rich on a valuation basis.


Price:
$0.020
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
No
2017-06-07 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Buying US stocks with Cdn$. When you do this, there is the exchange rate that works for you or against you. Over the last 3-4 years, it has worked for Canadians, because the Cdn$ has weakened. Even at these levels, he would continue to do this. Be mindful that the 30-year average is around $0.80. Moving forward, you want to be mindful of the fact that you could own the stock that goes up 10%, but if the exchange rate moves against you, you could lose.


Price:
$0.020
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
_N/A
2017-06-07 BUY Must be logged in to use chart AAPL-Q Apple

The stock is up about 55% or so over the last 52 weeks. We have to accept that this is a different company than what it was. Growth is going to become more challenging, which means it is going to go through periods where the stock doesn’t do much. He really likes their recent move. They are back to innovating. They continue to trap you into their ecosystem every time they come out with a new service or product. The stock is only trading at 17X.


Price:
$155.370
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
Yes
2017-06-07 DON'T BUY Must be logged in to use chart AFSI-Q Amtrust Financial Services

This is in the insurance space for the most part, but about 50% of their revenue is in the small business casualty insurance, as well as having a meaningful exposure to specialty risks. There was talk about potential fraud and cooking the books, and he sold his holdings. Experience has taught him that usually there is more to come. Regardless of the business fundamentals, it is tough to buy into this name right now. What more is going to come out of a potential class-action lawsuit?


Price:
$13.510
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
No
2017-06-07 BUY Must be logged in to use chart AQN-T Algonquin Power & Utilities Corp

A utility stock? This has run up a lot, and he wouldn’t expect the same rate of return on a go forward basis. About half of this is power generation with about half being distribution. They have invested significant capital in the generation business.


Price:
$13.960
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
Yes
2017-06-07 TOP PICK Must be logged in to use chart AVGO-Q Broadcom

He recommended this in January, and since then it has had a tremendous run. This is really an amalgamation of Broadcom and AVGO coming together. They are both in the chip space. By coming together, there are cost synergies that are still playing out. When you buy an iPhone, you are going to have a Broadcom chip in there. They also have the chips in automobiles. Dividend yield of 1.6%. (Analysts’ price target is $275.)


Price:
$254.280
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
Yes
2017-06-07 BUY Must be logged in to use chart CM-T Canadian Imperial Bank of Commerce

In all the banks, this has participated the least over the last year or so. In valuation, it is one of the cheaper banks. You’re getting a little more of a dividend and a cheaper valuation. The big question is their US acquisition, and how that is going to play out. For a longer-term hold, this is a great buying opportunity. Yield of about 4.8%.


Price:
$104.870
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
Yes
2017-06-07 PAST TOP PICK Must be logged in to use chart CSCO-Q Cisco

(A Top Pick March 17/16. Up 17%.) Sold this recently. They are still undergoing a move from the traditional business, which is still making money, but they have been very aggressive in making acquisitions.


Price:
$31.610
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
No
2017-06-07 COMMENT Must be logged in to use chart CSH.UN-T Chartwell Seniors Housing

Has no exposure to REITs because of valuations. Also, these names are ultrasensitive to even a whisper of interest rates going up. Any time you buy into an asset class that has done as well as REITs, combined with how sensitive they are to interest rate movements, it is a risky proposition. However, this one is top of class.


Price:
$16.040
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
No
2017-06-07 BUY Must be logged in to use chart EMA-T Emera Inc

A utility stock? This has run up a lot, and he wouldn’t expect the same rate of return on a go forward basis. Focused on growth and bought a large acquisition in the US. That will provide them with upside and growth potential, and they’ve indicated that they expect a 8%-10% dividend growth trajectory.


Price:
$48.890
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
Yes
Showing 1 to 15 of 548 entries
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