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

Viewing Expert

Cameron Hurst , Chief Investment Officer

Equium Capital Management


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

US Economy. Earnings started off on an extremely good footing and GDP came in a little bit weak. There was a big 15% EPS growth, and the job numbers are cruising along, 200 plus or minus. Going back 5 years, it has actually average out to 207. Putting up 220-230 is right in the ballpark. The Fed is just looking for a clear path forward. They know they need to normalize rates, they know they need to normalize the balance sheet, they just need the path to be clear for that, and are not going to be aggressive in an interest rate hike. They have a great path for an interest rate hike in that corporate earnings are strong; triple B credit spreads have been fantastic at 3 year lows. That means that in the last 3 years, investors and bond market participants feels that there is the least risk in buying a triple B bond at this point in the last 3 years. You want to see that being low and trending lower. When it reverses and shoots up, that is when the red flag goes up. Typically, you see this in the bond market before equities peak. The fact that we are seeing bond spreads being quite low is a good sign.


Price:
$0.020
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
_N/A
2017-07-07 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market. We’ve had a good strong bull market run for a number of years with great returns. Everyone is looking at valuations, now feeling it is toppy. However, you have to take it in context. If you go back to 1982, and look at the average mid-cycle PE, it is 18.6. Right now, on a full year 2017 estimate, we are at 18.5. He doesn’t think the market is overdone. You just have to pick your spots and allocate properly.


Price:
$0.020
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
_N/A
2017-07-07 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

A US defence stock? He likes aerospace and defence. General Dynamics (GD-N) has been fantastic. It has had a little bit of a pullback in terms of its earnings estimates, but ultimately the stock has produced some great numbers. They also have a “buy back” in place. He also likes Raytheon (RTN-N). It is not particularly over exposed to any one of the US defence programs, and is the one that he would probably tilt towards.


Price:
$0.020
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
Unknown
2017-07-07 COMMENT Must be logged in to use chart AAPL-Q Apple

This has a product cycle coming up in September. Ahead of that, you are likely to see some kind of pre-positioning. Also, there has been a pretty sharp break, and you have to fill that gap before you can make new headway. It might be time to move on to something else. Healthcare has been pretty good right now. There are a lot of good drivers, but he would be a bit careful.


Price:
$144.180
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
Unknown
2017-07-07 DON'T BUY Must be logged in to use chart ATVI-Q Activision Blizzard

The risk on tech stocks is now heavier than the return on a single start basis. The chart shows a very small head and shoulders formation, but it is very short. He has gone cautious on semiconductor stocks. The sector is likely to face a wave of outflows, which becomes hard to compete against with people going towards ETF’s. He prefers healthcare now. Valuation on this one is pretty full now. He would look to other spaces.


Price:
$58.090
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
Unknown
2017-07-07 COMMENT Must be logged in to use chart CMG-N Chipotle Mexican Grill

He is more positive on this on the margin. Technically it still has a little bit of work to do. The earnings trends are more on the positive inflection, as opposed to a “show me” story. It has pulled back more recently. Looking at a slightly longer-term chart, you can see the cup coming up and breaking out on a medium-term basis. This is shaping up nicely, and he is positive on the space itself.


Price:
$413.890
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
Unknown
2017-07-07 COMMENT Must be logged in to use chart COST-Q Costco Wholesale

Not a big fan of staples right now, however this one is a little different. It falls into a bond proxy sector. With higher yields, that should and has been harder on bond proxies like utilities, telecoms and staples. However, this one is different. Its model is the most defensible against something like an Amazon (AMZN-Q) incursion. Ultimately though, you are swimming against the tide in the sector. This is a good company and a bad stock.


Price:
$154.110
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
Unknown
2017-07-07 TOP PICK Must be logged in to use chart ETFC-Q ETrade Financial Corp.

One of the best names exposed to the short end of the curve for a rising rate cycle. They have estimated about a 2.5% net interest margin this year. Management has said that for every 25 basis points the Fed hikes, they get about 10 more BPs through to that margin. There is fantastic leverage to the rising rate cycle. Also, they have a fantastic ad campaign going on right now. (Analysts’ price target is $41.)


Price:
$38.690
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
Yes
2017-07-07 DON'T BUY Must be logged in to use chart F-N Ford Motor

He doesn’t like autos. This has been a very tough position to hang onto. It has a pattern of lower highs and lower lows, and that is not what you want to buy. At some point, this could be a value pick with a very long-term horizon, but that is not what he does.


Price:
$11.260
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
No
2017-07-07 TOP PICK Must be logged in to use chart FDX-N FedEx

Online has really started to drive the stock, and it is a bigger and bigger share. This company has about 10% of their revenue, but are #1 in truckload delivery. Extremely well placed. Dividend yield of 0.9%. (Analysts’ price target is $235.)


Price:
$218.510
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
Yes
2017-07-07 PAST TOP PICK Must be logged in to use chart FNV-N Franco-Nevada Corp

(A Top Pick May 20/16. Up 8.33%.) A royalty play as opposed to exploration. There is a high level of recurring revenue stream.


Price:
$69.700
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
Yes
2017-07-07 DON'T BUY Must be logged in to use chart GE-N General Electric

He likes industrials, he just doesn’t like conglomerates, which are more defensive, protective type of names, which don’t have the beta. There are a number of different names he would prefer over this, such as Ingersoll-Rand, Raytheon, etc.


Price:
$26.150
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
Unknown
2017-07-07 TOP PICK Must be logged in to use chart IHI-N iShares DJ Medical Devices E.T.F.

The devices’ space has great secular trends and market demand. There is more uptick in emerging markets. Fundamentally there are a lot of tailwinds. As an example, the cardio device market is projected to grow 20% a year through 2020. It is more defensive and is not as subjective to a policy shift.


Price:
$166.840
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
Yes
2017-07-07 COMMENT Must be logged in to use chart ORCL-N Oracle

It recently had a pretty good earnings beat. Technically, it has broken out of a cup. Right now, the water is going against tech, and this has had a phenomenal run and valuations are very high. He would suggest moving your money to another allocation. Dividend of about 1.5%.


Price:
$49.350
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
Unknown
2017-07-07 SELL Must be logged in to use chart ORLY-Q O'Reilly Automotive Inc

Had announced consumer trends were not what they had expected them to be, and the stock got punished 20% in one day with some follow through. They’ve had consistent buybacks instead of dividends. You are going to have to wait for a long time for it to recover, because there are many people in the name who are waiting to get their money back. Every time it creeps up a little more, it will hit more Selling.


Price:
$172.850
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
Unknown
Showing 1 to 15 of 286 entries
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