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

Viewing Expert

Michael Smedley , Exec VP & Chief Investment Officer

Morgan Meighan & Associates


Date Signal Chart Symbol Company Opinion Price
2017-07-14 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. The US is expected to raise interest rates in September, and Canada follows in October. The banks should do better because the spread widens for them. The curious thing is that almost every stock going up in the past few days are reset rates preferreds, which are doomed. People are expecting rates to go higher and higher, but they won’t go that much higher. Mines and metals are beginning to glimmer a bit without anyone saying very much. Hard assets are going to go up a bit with inflation and interest rates.


Price:
$0.020
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
_N/A
2017-07-14 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Electric cars in cold weather? He wouldn’t worry about that. They’ve mastered the cold. He hasn’t heard that they don’t work in cold climates. Also, we could probably need so much energy to pump into the batteries that we will definitely be back to the coal mines. The difference between electric and internal combustion, is that in the latter the car itself makes the power. Whereas with the electric the energy from another source has to be created. There might be a crisis, but he doesn’t think it will be the cold weather.


Price:
$0.020
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
_N/A
2017-07-14 HOLD Must be logged in to use chart BB-T BlackBerry

The company has worked very, very hard. There is no magic immediately. Be patient. They have a lot of expertise. The car will work out. They get royalties from the handhelds.


Price:
$12.600
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Unknown
2017-07-14 BUY Must be logged in to use chart CGX-T Cineplex Inc

This fell 4.2% today as the National Bank (NA-T) cut its rating to “Sector Perform” from Outperform. A buying opportunity for the long-term. Rather than a cinema company, this is really a fabulous popcorn company as well as introducing some new things.


Price:
$50.130
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Unknown
2017-07-14 COMMENT Must be logged in to use chart CLR-T Clearwater Seafoods Inc.

This is seafood based on very precious permits up and down the East Coast of the Americas. It was very, very prominent at one stage, but he has seen very little on it recently. This is good, because it is in a very special area of exporting very high-quality shellfish to the far east. Very competent people who have world experience in marketing fish.


Price:
$11.870
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
2017-07-14 BUY Must be logged in to use chart CTC.A-T Canadian Tire Corporation Ltd. (A)

This is a monument that will go on, and the recent drop is probably a buying opportunity for the long-term. He doesn’t know why exactly they haven’t got their e-commerce going, but many serious companies have failed when they try to get e-commerce together.


Price:
$143.550
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Unknown
2017-07-14 COMMENT Must be logged in to use chart DGC-T Detour Gold

The price of gold has held pretty well, but equities have given you another selloff. This one has had its own particular problems in the mining side as well as on the debt side. It should be one of Canada's greatest, because 500,000-600,000 ounces given a prospective producer, which we haven’t seen since Campbell Red Lake.


Price:
$14.050
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Unknown
2017-07-14 HOLD Must be logged in to use chart DHX.B-T DHX Media

The great original in the non-Disney type company. It is Canadian. Great animation programming.


Price:
$6.000
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Unknown
2017-07-14 COMMENT Must be logged in to use chart ENB-T Enbridge

Basically a long-term hold. PE multiple is always high. It is not to be compared with the oil/gas producers, high risk and cyclical. You simply hold this for the long-term. Dividend yield of 4.8%.


Price:
$51.670
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Unknown
2017-07-14 TOP PICK Must be logged in to use chart FIH.U-T Fairfax India Holdings Corp

A closed-end fund, and it is India. It is the sort of magic touch of Prem Watsa. They buy big into very interesting growth companies in an amazing growth country. (Analysts’ price target is $19.25.)


Price:
$17.000
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
2017-07-14 COMMENT Must be logged in to use chart FT-T Fortune Minerals Ltd.

This has a large cobalt deposit. A good deposit mixed with bismuth, which is used in the treatment of metal. The company has struggled for years as mining companies do. It has managed to raise some money and is in a strategically choice area. (See Top Picks.)


Price:
$0.225
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
2017-07-14 TOP PICK Must be logged in to use chart KAT-T Katanga Mining Ltd.

The “go to” company for existing supplies of cobalt. This is the one metal that is absolutely scarce.


Price:
$0.820
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
2017-07-14 PAST TOP PICK Must be logged in to use chart LNKD-N (Dead) LinkedIn Corporation

(A Top Pick June 9/16. Up 43.53%.) This was acquired by Microsoft (MSFT-Q).


Price:
$195.960
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
No
2017-07-14 BUY on WEAKNESS Must be logged in to use chart LULU-Q LuLulemon Athletica (US)

You buy this every time it drops $10. It hasn’t gone up too much. This is an established brand.


Price:
$59.810
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Unknown
2017-07-14 COMMENT Must be logged in to use chart NDM-T Northern Dynasty Minerals Ltd

This is perking up. It is in better shape because the EPA is almost user-friendly now. The company is flying important analysts up to see the mine after all these years of desperately trying to get it going.


Price:
$1.890
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Unknown
Showing 1 to 15 of 3,287 entries
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