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

Viewing Expert

David Burrows , President & Chief Investment Strategist

Barometer Capital Management


Date Signal Chart Symbol Company Opinion Price
2017-09-21 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  We are in a long slow expansion that has been going on for quite some time now.  There is very little excess built into the system.  The US Fed will work to normalize interest rates and it is important that they do that.  It speaks to the confidence that the Fed has in the sustainability of the recovery.  What’s working is a reflationary trade.  We are seeing a rotation from tech to cyclicals.  Europe and Japan are working hard to keep rates lower.  We saw secular lows in interest rates 16 months ago.  Bonds do not look very attractive.  There are controls in China being brought in that limit foreign real estate investment.  We are seeing real estate in Canada slowing down and also auto sales slowing down.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
_N/A
2017-09-21 DON'T BUY Must be logged in to use chart AGN-N Allergan PLC.

We are in a structural bull market for equities.  We are skating through the two toughest months of the year without much volatility.  Don’t buy a company that has been put into the penalty box.  Stocks that have broken down have an army of people who just want to get their money back.


Price:
$202.660
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2017-09-21 BUY Must be logged in to use chart AMZN-Q Amazon.com

This is right at the heart of one of the most important secular themes which is on-line retail.  It has been a top pick and his view has not changed.  The trend is very clearly higher.  This can only be one part of a portfolio.  There are always risks and you have to know where to exit.  They have a very low cost of capital and they have gone and disrupted a lot of industries.


Price:
$964.650
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2017-09-21 TOP PICK Must be logged in to use chart BAC-N Bank of America

It is a more domestically focused bank.  40% of business is from corporate and consumer banking.  20% of revenue is from wealth management which they have done a good job with.  Business conditions are improving in the US.  Higher interest rates are going to give them the ability to make a better interest margin.  ROE could go from 7 to 10%.  It is trading at 1 times its book value vs. 3 for norms and for Canadian banks.  (Analysts’ target: $27.00).


Price:
$25.160
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2017-09-21 TOP PICK Must be logged in to use chart CAT-N Caterpillar

It has done well through a difficult period.  80% of the revenue from that sector was just replacement parts.  This equipment wears out and has to be replaced and maintained.  It has the fastest earnings revisions of any S&P company.  (Analysts’ target: $125.00).


Price:
$124.790
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2017-09-21 BUY Must be logged in to use chart CWB-T Canadian Western Bank

It has had a wonderful rally.  He is more constructive now on energy than in quite some time.  This is a help from western Canada.  He prefers US banks to Canadian but certainly this one is acting great and he would not have a problem owning it.


Price:
$32.000
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2017-09-21 DON'T BUY Must be logged in to use chart DFS-N Discover Financial Services LLC

Payments and financial technology is a great group.  He has preferred V-N for a long time with a more attractive business model.  It has a great international growth path in front of it.  Don’t buy the laggards.


Price:
$60.500
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2017-09-21 TOP PICK Must be logged in to use chart DWDP-N DowDuPont Inc.

The largest chemical company in the world.  They may break up into three to unearth more value.  They are completely attached to the global economy.  There are billions in savings they can generate in the next couple of years to generate a much better return on their assets.  It just continues to unfold.  (Analysts’ target: $79.00).


Price:
$70.320
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2017-09-21 PAST TOP PICK Must be logged in to use chart GOOG-Q Alphabet Inc (C)

(Top Pick Oct 17/16, Up 20%)  It is in the themes of cloud and search.  You really want to own this one.  He has a significant tech weight because there are so many secular themes here. 


Price:
$932.450
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2017-09-21 WEAK BUY Must be logged in to use chart IP-N International Paper Co

We are in a process of reflating the system and materials are behaving quite well.  Breadth is expanding and momentum is improving.  He owns another.  This one does look good and pricing is firm.  They should continue to do well.  He really likes the timber companies, though.


Price:
$57.290
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2017-09-21 PAST TOP PICK Must be logged in to use chart JPM-N JP Morgan Chase & Co

(Top Pick Oct 17/16, Up 44%)  Financials are a big weighting for him.  There is a multiyear theme in financials ahead of us.  He likes capital markets and net interest margins growing for most of the banks.  The US banks are one by one starting to break out of consolidations after the election last year. 


Price:
$95.030
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2017-09-21 HOLD Must be logged in to use chart LNR-T Linamar Corp

Ten year investment?  This is tough.  They are great at execution and built a great business.  He likes the auto group but there is improvement happening in various parts of the world.  If he had a choice, he would buy MG-T (which he owns) over LNR-T, which is a hold.  There are no transmissions in an electric vehicle.


Price:
$73.850
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2017-09-21 BUY Must be logged in to use chart MFC-T Manulife Financial

When you buy an insurance company you are buying a giant investment portfolio.  He is very constructive on the world’s economic condition.  He believes we have likely seen the generational lows in interest rates.  Over 15 to 20 years we will likely see interest rates rise.  MFC-T has done a good job of building a strong franchise in Asia.  He likes the sector.  They are under owned.  Their legal issue is in the price and is not likely to recur tomorrow. 


Price:
$24.590
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2017-09-21 STRONG BUY Must be logged in to use chart NVDA-Q Nvidia Corp

It is in the center of a couple of structural changes taking place in the world’s economy.  One is artificial intelligence and autonomous driving and the other is augmented reality.  Breadth within the semiconductor industry is expanding.  The multiples are expanding.  This is a leader in the group.  It broke out recently – a nice break out, and then pulled back over the last couple of days.  There are always shakes in these types of stocks.  This is a great entry point.


Price:
$180.760
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2017-09-21 PAST TOP PICK Must be logged in to use chart PXD-N Pioneer Natural Resources

(Top Pick Oct 17/16, Down 23%)  He used a stop loss.  The tidal theme went out and he exited.  After a difficult year he got stopped out.  He was X-energy until about a month ago.


Price:
$142.010
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
Showing 1 to 15 of 4,190 entries
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