Viewing Expert David Cockfield | StockChase
stockchase picture

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

Viewing Expert

David Cockfield , Managing Director

Northland Wealth Management


Date Signal Chart Symbol Company Opinion Price
2017-08-11 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market. The TSX is back to where it was 6 months ago. New York is holding its own, but with political things up in the air, you really have a hard time making predictions. Doesn’t think either of the US parties are that predictable, so it is probably a good time to keep your head down, but keep calm and carry on. From a technical standpoint, it certainly looked like the TSX had bottomed and starting to edge up, until the North Korean situation came up. The Canadian side is probably seeing better value than the US. A fair amount of Cdn investment money has gone into the US, and he expects some of that to come back. Thinks 2 years from now we will still have no inflation and low interest rates.


Price:
$0.020
Subject:
CANADIAN & ETF's
Bias:
CAUTIOUS
Owned:
_N/A
2017-08-11 DON'T BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Gold? Historically you stepped into gold if inflation started to raise its ugly head. That is not happening. Also, you would buy this when there was political uncertainty. Right now, it is just about at a resistant point, so it has already had a reasonable run up. If it breaks through $1300, then you could have a hard look at this.


Price:
$0.020
Subject:
CANADIAN & ETF's
Bias:
CAUTIOUS
Owned:
Unknown
2017-08-11 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Emerging-market ETF? He’s in the process of looking at the sector. The background is definitely improving. Things have improved. Interest rates have gone up. Liquidity has improved. Money looking for higher returns is beginning to sift into those markets. Worth looking at.


Price:
$0.020
Subject:
CANADIAN & ETF's
Bias:
CAUTIOUS
Owned:
_N/A
2017-08-11 COMMENT Must be logged in to use chart AC-T Air Canada

He’s been in business a long time and has seen a number of airlines disappear, so is very nervous about investing in them. When fuel costs are low and the economy is doing okay, airlines do well, but if things turn a little negative they are one of the first ones to suffer.


Price:
$22.110
Subject:
CANADIAN & ETF's
Bias:
CAUTIOUS
Owned:
No
2017-08-11 COMMENT Must be logged in to use chart ALA-T Altagas Ltd

Their big problem was the Washington acquisition. The Washington utility is well established with their facilities on the east coast. Altagas facilities are all on the West Coast, and is quite a different kind of utility. Just too big a change for him. Dividend yield of 7.5%.


Price:
$27.870
Subject:
CANADIAN & ETF's
Bias:
CAUTIOUS
Owned:
No
2017-08-11 COMMENT Must be logged in to use chart AQN-T Algonquin Power & Utilities Corp

One of the smaller utilities, which he thinks means it could be taken out by one of the bigger ones. In the meantime, they have a good mix of energy producers. They are into the water side in the US as well as biotech. Dividend yield of about 4.5%.


Price:
$13.310
Subject:
CANADIAN & ETF's
Bias:
CAUTIOUS
Owned:
Yes
2017-08-11 BUY on WEAKNESS Must be logged in to use chart BCE-T BCE Inc.

He considers this as a core stock, 3%-4% and you might get up to 5%. Throws off a very predictable dividend. This is definitely a Buy under $57, and even under $58 you could pick away at it. You are buying this for the dividend. Dividend yield of 5%.


Price:
$58.600
Subject:
CANADIAN & ETF's
Bias:
CAUTIOUS
Owned:
Yes
2017-08-11 TOP PICK Must be logged in to use chart BNS-T Bank of Nova Scotia

Everybody should own one of the Canadian banks. There is some volatility, but this has the offshore Hispanic exposure in Central and South America, areas that are doing quite well economically. Dividend yield of 3.9%. (Analysts’ price target is $86.)


Price:
$76.650
Subject:
CANADIAN & ETF's
Bias:
CAUTIOUS
Owned:
Yes
2017-08-11 HOLD Must be logged in to use chart BTE-T Baytex Energy Corp

There is a lot of misinformation on oil investment. People think oil fields continue to pump oil regardless. This is a diminishing resource, so if you don’t spend the money up front for exploration and well development, production declines. Inventories in the US are declining, and the money hasn’t been spent upfront. Often, it’s 1 or 2 years of money spent to develop the necessary resources, and it actually returns as production. We may be facing a situation where we are more short of oil than we think.


Price:
$3.310
Subject:
CANADIAN & ETF's
Bias:
CAUTIOUS
Owned:
Yes
2017-08-11 BUY Must be logged in to use chart FTS-T Fortis Inc.

Has been under some pressure as the market anticipates rising interest rates. Thinks the market is overreacting and interest rates are going to stay relatively low, because inflation is not rearing its head. On that basis, it is probably not a bad Buy in this range. Well run, and one of the more growth oriented utilities. You should be buying this for the safe dividend.


Price:
$45.920
Subject:
CANADIAN & ETF's
Bias:
CAUTIOUS
Owned:
Unknown
2017-08-11 PAST TOP PICK Must be logged in to use chart IGM-N iShares N.A. Technology ETF

(A Top Pick Aug 12/16. Up 24.92%.) He still likes technology. It recently sold back very smartly, because of currency. If you want to get into technology that you can’t find in Canada, this is a nice way to do it.


Price:
$149.120
Subject:
CANADIAN & ETF's
Bias:
CAUTIOUS
Owned:
Yes
2017-08-11 PAST TOP PICK Must be logged in to use chart IPL-T Inter Pipeline

(A Top Pick Aug 12/16. Down 9.73%.) This was really bought for the dividend. He considers this as a utility. It’s in Alberta and doesn’t have the political problems that TransCanada (TRP-T) or Enbridge (ENB-T) has of an out of province pipeline. He is still buying this. Dividend yield of 6.8%.


Price:
$23.220
Subject:
CANADIAN & ETF's
Bias:
CAUTIOUS
Owned:
Yes
2017-08-11 WAIT Must be logged in to use chart L-T Loblaw Companies Ltd

He is always neutral on this. A good place to be after the stock has corrected, and thinks it can correct some more. He can’t see any reason why this would take off. It’s a tough business, but they are well-established.


Price:
$67.980
Subject:
CANADIAN & ETF's
Bias:
CAUTIOUS
Owned:
Unknown
2017-08-11 COMMENT Must be logged in to use chart MFC-T Manulife Financial

Not his favourite company. It is difficult to project what their next quarterly earnings are going to be. His big concern is where their growth is coming from. He isn’t a positive investor in the far east. Prefers Sun Life (SLF-T) because it is mainly North American/Europe.


Price:
$24.880
Subject:
CANADIAN & ETF's
Bias:
CAUTIOUS
Owned:
No
2017-08-11 HOLD Must be logged in to use chart PKI-T Parkland Fuel Corp

Sold his position when he was concerned that their acquisitions were pretty big bites, creating a lot of debt. However, the company is well-run. He likes their business. A well-run company. He is watching this. Dividend yield of about 4.5%.


Price:
$25.700
Subject:
CANADIAN & ETF's
Bias:
CAUTIOUS
Owned:
No
Showing 1 to 15 of 2,857 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.