Recent Opinions | StockChase
stockchase picture

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

Recent Opinions

Print
Date Signal Company Expert Opinion Price
2017-05-29 N/A A Comment -- General Comments From an Expert
A Commentary
Larry Berman CFA, CMT, CTA

Markets.  It bothers him that Trudeau has no plan in place to balance the budget.  He is concerned about the debt in the world.  It is unsustainable.  Balancing the budget is important to the conservatives.  Trump has been wavering on some of his promises.  He said he does not like German trade.  It is built on export and it does not matter if Trump does not like it.  Markets don’t seem to care what he does now.  Europe is not fixed because France did not elect an anti-EU leader.  Italy has been underperforming the world for decades.  This is a problem.  Their banks should be a leading indicator as we approach the Italian elections.


Price: $0.020
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: _N/A
2017-05-29 N/A A Comment -- General Comments From an Expert
A Commentary
Adam Thomas

Educational Segment.  Demographics. You have two natural drivers of growth:  Growth from population growth and growth from productivity growth.  From the sum of the two we get about 1.3% growth in the world.  We have a growth problem, despite all the money being spent in the world.  We are in a low growth world.  The vast majority of the growth in the world is from China, India and Africa.  But China is near finished growing.  AFK-N and INDA-N are ETFs he likes.  Buy on pullbacks.


Price: $0.020
Subject: AGRICULTURE, DIVIDEND & FIXED INCOME
Bias: BEAR
Owned: _N/A
2017-05-29 N/A A Comment -- General Comments From an Expert
A Commentary
Teal Linde

Markets.  The S&P multiple has come up to 21 from 15 since 2014.  Profits are actually down.  That is a massive optimism amongst investors.  We are as high as just before the tech bubble in the broad market.  We are vulnerable to a more severe correction.  There are some stocks in some sectors that are attractive.  There are opportunities in the tech sector.


Price: $0.020
Subject: NORTH AMERICAN - LARGE/MID CAPS
Bias: SELECTIVE
Owned: _N/A
2017-05-29 N/A A Comment -- General Comments From an Expert
A Commentary
Teal Linde

The one thing about pipelines is that in 2008 the sector that held up the best was pipelines.  The XEG-T for the last 10 years, has not gone up.  It has been a downward slope.  The mid-stream players and pipelines are the only ones that made any money.


Price: $0.020
Subject: NORTH AMERICAN - LARGE/MID CAPS
Bias: SELECTIVE
Owned: _N/A
2017-05-29 N/A A Comment -- General Comments From an Expert
A Commentary
Colin Stewart

Market. In some instances, such as banking, he prefers the US for investing. Doesn’t own any Canadian banks. US banks are cheaper and have a rising tide with the economy. Rates are going to go up more quickly, as well as having deregulation and tax cuts, etc. He is a little worried that volatility is at ultra-low levels, P/E ratios are at historic highs. The economic growth in the US is pretty good, and Canada is not quite as good. Markets are fairly, fully priced, and he has to spend his day looking for hidden gems. Buying the market broadly is not a great idea right now, given the levels we are at.


Price: $0.020
Subject: NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias: UNKNOWN
Owned: _N/A
2017-05-29 BUY Apple
AAPL-Q
Teal Linde

The stock has been doing quite well even though their revenues are only growing at single digits.  They have always traded at a low multiple because of a narrow product line.  In the last quarter they said 20% of their profits are from Apple app store, Apple music and Apple iCloud, which are all high margin.  They think it can double in the next three years.  That would justify a higher multiple that you are seeing now.


Price: $153.610
Subject: NORTH AMERICAN - LARGE/MID CAPS
Bias: SELECTIVE
Owned: Unknown
2017-05-29 HOLD Air Canada (B)
AC-T
Teal Linde

They are taking their frequent flyer program in-house.  He thinks they are due for a breather and so it is a hold.


Price: $17.950
Subject: NORTH AMERICAN - LARGE/MID CAPS
Bias: SELECTIVE
Owned: Unknown
2017-05-29 PAST TOP PICK Air Lease
AL-N
Teal Linde

(Top Pick Aug 15/16, Up 36%) They are like a distributor for BA-N and Air Bus.  He lightened up, but they are still growing.  It is a hold now.


Price: $37.510
Subject: NORTH AMERICAN - LARGE/MID CAPS
Bias: SELECTIVE
Owned: Yes
2017-05-29 SPECULATIVE BUY Altagas Ltd
ALA-T
Teal Linde

They are doing an acquisition of a company that is bigger than they are, causing the stock to be down.  It is on his short list for studying.  They will sell off assets once the acquisition is complete.


Price: $30.340
Subject: NORTH AMERICAN - LARGE/MID CAPS
Bias: SELECTIVE
Owned: Unknown
2017-05-29 DON'T BUY Amazon.com
AMZN-Q
Teal Linde

He sees it continuing to get stronger and to dominate the market.  The problem with the stock is that it is not very profitable, based on the numbers.  It has a price based on anticipation of greater earnings.  He finds the valuation too difficult to stomach.


Price: $995.780
Subject: NORTH AMERICAN - LARGE/MID CAPS
Bias: SELECTIVE
Owned: Unknown
2017-05-29 COMMENT Alimentation Couche-Tard (B)
ATD.B-T
Colin Stewart

A very well-run business. They’ve been a consolidator of convenience stores and gas stations around the world. This has grown aggressively and has done a great job adding value with their acquisitions. Not a cheap stock, but has lagged the market in the last year or 2, and hasn’t gone up at the pace that it had historically. He is starting to pay a bit more attention to this. At the right price, it is something he definitely would buy.


Price: $61.540
Subject: NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias: UNKNOWN
Owned: No
2017-05-29 COMMENT Bank of America
BAC-N
Colin Stewart

This bank and the US banking sector over the last couple of months has retreated a little or gone sideways, partly due to bank stocks having such huge moves going up to the US November election. Feels all those things are still generally in place. We are going to see higher rates in some form of a tax cut. These bank stocks are quite cheap but in a month or 2, they should be a lot higher.


Price: $23.240
Subject: NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias: UNKNOWN
Owned: Unknown
2017-05-29 COMMENT Brookfield Asset Management (A)
BAM.A-T
Colin Stewart

Has always felt this was the best way to participate in all the other Brookfield companies, as you got a combination of everything. A great Canadian success story. A good, long term way to invest in stable, cash flow generating businesses.


Price: $51.380
Subject: NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias: UNKNOWN
Owned: Unknown
2017-05-29 DON'T BUY Brookfield Renewable Energy
BEP.UN-T
Adam Thomas

We are never going back to coal.  Everyone has moved off it, despite what Mr. Trump happens to say about it.  If it gets back down to the $39 area he might be tempted to play it, however.


Price: $42.710
Subject: AGRICULTURE, DIVIDEND & FIXED INCOME
Bias: BEAR
Owned: Unknown
2017-05-29 COMMENT Baytex Energy Corp
BTE-T
Colin Stewart

Has a lot of debt, which is the knock against them. But that shouldn’t be as big a concern as it is, because the debt is turned out to 2020 and beyond, but the sentiment around oil/gas and the sector is so negative today it doesn’t matter. Have some great assets in the Eagle Ford in the US with heavy assets in Canada. Not for the faint of heart.


Price: $4.160
Subject: NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias: UNKNOWN
Owned: Unknown
2017-05-29 TOP PICK CitiGroup
C-N
Colin Stewart

This US bank has more international exposure, which is attractive with some of the international economies which are rebounding and growing more quickly than emerging markets. Also, trades at a valuation discount to it peer group. Trading at a discount to tangible book right now, at only about 11X earnings. Dividend yield of 1%, and there is a big opportunity for this to go up. (Analysts’ price target is $66.)


Price: $62.070
Subject: NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias: UNKNOWN
Owned: No
2017-05-29 TOP PICK Celgene Corp
CELG-Q
Teal Linde

They are growing nicely.  One of the fastest growing large cap pharma in North America.  Their slowest growth year was 14%.  Otherwise they averaged 20% per year over the last 10 years.  (Analysts’ target: $147) .


Price: $116.780
Subject: NORTH AMERICAN - LARGE/MID CAPS
Bias: SELECTIVE
Owned: Yes
2017-05-29 COMMENT iShares Gold Bullion ETF
CGL-T
Larry Berman CFA, CMT, CTA

A hedged way to play the gold market.  He has about a third of a position.  Gold equity holdings are much more volatile than gold itself.  If you believe gold is going up then you make more money on the equity side.  We are in the mid-to-upper end of the range of the trading of this ETF.  This is a no growth story.


Price: $11.090
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Yes
2017-05-29 COMMENT Cargojet Inc
CJT-T
Colin Stewart

This has gone up significantly over the last couple of years. A really well run business. It is in a monopoly-like position. With the advent of Amazon (AMZN-Q) and people ordering more things online, they have a really good, strong position and growth area. He really likes the company. Management is excellent. Fairly valued, but if earnings keep going up, the stock will continue to do well.


Price: $46.000
Subject: NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias: UNKNOWN
Owned: No
2017-05-29 HOLD Canadian Natural Rsrcs
CNQ-T
Teal Linde

Next year the horizon project will be completed and there will be no more capital cost.  It started back in 1999.  They have delivered exactly on plan.  The balance sheet is in pretty decent shape.  But the stock has run up a bit, so it is a hold.


Price: $39.800
Subject: NORTH AMERICAN - LARGE/MID CAPS
Bias: SELECTIVE
Owned: Unknown
2017-05-29 DON'T BUY Crescent Point Energy Corp
CPG-T
Teal Linde

52 week low today.  It has become a value stock.  He’d have a hard time being a buyer.  He prefers others. 


Price: $12.110
Subject: NORTH AMERICAN - LARGE/MID CAPS
Bias: SELECTIVE
Owned: Unknown
2017-05-29 PAST TOP PICK CVS Health Corp
CVS-N
Teal Linde

(Top Pick Aug 15/16, Down 20%)  It was supposed to be his defensive play.  The pharmacy benefits companies in the US have been suffering from drug price pressures.


Price: $76.640
Subject: NORTH AMERICAN - LARGE/MID CAPS
Bias: SELECTIVE
Owned: Yes
2017-05-29 COMMENT Canadian Western Bank
CWB-T
Larry Berman CFA, CMT, CTA

Compared to Oil prices over the last 5 years, you can see it is a big proxy.  It is not a perfect correlation, but oil is a huge influence.  CWB-T will be a range trader for the next 5 years.


Price: $24.560
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Unknown
2017-05-29 COMMENT EnerCare Inc
ECI-T
Colin Stewart

A water heater rental business, which is pretty stable. The company has grown through acquisition. If they can continue to make acquisitions and continue to pay a dividend, this should do well over the long-term.


Price: $19.000
Subject: NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias: UNKNOWN
Owned: No
2017-05-29 HOLD Enbridge
ENB-T
Colin Stewart

He would categorize this as a long-term hold. It is not going to be an exciting stock, but it has a nice dividend yield. Thinks it this will do fine over time, but not a real growth stock.


Price: $52.420
Subject: NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias: UNKNOWN
Owned: Unknown
2017-05-29 TOP PICK Enbridge Income Fund Holdings
ENF-T
Teal Linde

He prefers this one over ENB-T.  This is his defensive pick.  It has a 6.2% dividend that will increase 10% per year.  This is more of an owner of assets.  Less than 1% of their income stream is susceptible to interest rate, commodity or currency risk.  (Analysts’ target: $36).


Price: $32.800
Subject: NORTH AMERICAN - LARGE/MID CAPS
Bias: SELECTIVE
Owned: Yes
2017-05-29 COMMENT Enghouse Systems
ENGH-T
Colin Stewart

A software company that has been pretty aggressive on growth through acquisition, using their relatively highly valued equity paper to buy all these small companies, roll them in, and get synergies. Software in general is becoming a much more competitive from an M&A standpoint, so it is going to be harder to find cheap deals. Also, it is not the cheapest stock. He is not interested in this.


Price: $59.660
Subject: NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias: UNKNOWN
Owned: No
2017-05-29 BUY Essential Energy Services Ltd.
ESN-T
Teal Linde

It is essentially a small cap.  They are the largest coil tubing manufacturer in Western Canada.  They just announced their best results since 2014.  It has one of the best balance sheets of the service providers in Alberta.  It does not get as much attention because it is small cap.


Price: $0.760
Subject: NORTH AMERICAN - LARGE/MID CAPS
Bias: SELECTIVE
Owned: Yes
2017-05-29 TOP PICK Facebook
FB-Q
Teal Linde

It just keeps on going.  Revenues and earnings are expected to grow 39% this year.  What is holding it back is that they have said that the price per ad is going up instead of down, like with Google.  They are getting a 14% increase.  (Analysts’ target: $170).


Price: $152.130
Subject: NORTH AMERICAN - LARGE/MID CAPS
Bias: SELECTIVE
Owned: Yes
2017-05-29 HOLD Five Below Inc
FIVE-Q
Teal Linde

550 stores that sell primarily to teens with products $5 and below.  They expect to get to 2000 stores.


Price: $52.630
Subject: NORTH AMERICAN - LARGE/MID CAPS
Bias: SELECTIVE
Owned: Unknown
2017-05-29 DON'T BUY Hudson Bay Co.
HBC-T
Colin Stewart

A tough one. It is a company that appears to have a lot of value, very valuable real estate assets, but obviously operating in a very tough space. Department store retailing is getting a lot of pressure from things like Amazon (AMZN-Q). The company has a lot of leverage on its balance sheet, and it is really not clear what they can do to surface that value. Real estate is only as good as the tenant that is renting it.


Price: $10.060
Subject: NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias: UNKNOWN
Owned: No
2017-05-29 COMMENT Home Capital Group
HCG-T
Teal Linde

CDIC insurance of their GICs.  If they are insured he does not have problems with them.  HGC-T is described as a subprime lender, similar to those US, but they are not quite subprime.  The stock collapsed because of a run on the bank.  Turn arounds in these kinds of stocks are a tough story.


Price: $9.160
Subject: NORTH AMERICAN - LARGE/MID CAPS
Bias: SELECTIVE
Owned: Unknown
2017-05-29 COMMENT Home Capital Group
HCG-T
Colin Stewart

Feels all the news we have been getting lately is an attempt at ultra-transparency, and is not sure this is the perfect strategy. If you get a “run on the bank” type of situation, which we are seeing with this one, people lose confidence and the depositors cash in. Feels that they are attempting to restore confidence. A very difficult situation.


Price: $9.160
Subject: NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias: UNKNOWN
Owned: Unknown
2017-05-29 COMMENT Honda Motor Ltd.
HMC-N
Colin Stewart

Probably a reasonable time to look at automotive companies. Honda builds quality products and an efficiently run company. They seem to be a little slower on the drive to build the electric vehicles. How well this does is going to be all about how they are going to adapt to a rapidly changing industry. Trading at a reasonably low multiple.


Price: $27.630
Subject: NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias: UNKNOWN
Owned: Unknown
2017-05-29 PAST TOP PICK Liquor Stores N. A.
LIQ-T
Colin Stewart

(A Top Pick April 11/16. Up 34%.) Liquor retailing is a pretty good business. Performance over the last 4-5 years has been substandard, and feels the current management team has mismanaged the business in some ways. Also, there has been an escalation in costs which has led to higher operating expenses as a percentage of sales. There are a lot of things with the business that can be done to improve it.


Price: $10.810
Subject: NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias: UNKNOWN
Owned: Unknown
2017-05-29 PAST TOP PICK Linamar Corp
LNR-T
Teal Linde

(Top Pick Aug 15/16, Up 11%) The strategy is that they are taking advantage of growing outsourcing.  They are building more and more content each year.


Price: $61.940
Subject: NORTH AMERICAN - LARGE/MID CAPS
Bias: SELECTIVE
Owned: Yes
2017-05-29 SELL McDonalds
MCD-N
Colin Stewart

Sell McDonald’s (MCD-N) and buy Restaurant Brands (QSR-T)? This is not a bad idea as Restaurant Brands has more of a growth runway. McDonald’s is more of a mature business with penetration pretty much everywhere.


Price: $149.860
Subject: NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias: UNKNOWN
Owned: Unknown
2017-05-29 BUY Manulife Financial
MFC-T
Colin Stewart

Relative to Canadian banks, this will get more leverage to rising interest rates. With rates going to rise, this would be a good one to participate in. Not a bad place to be.


Price: $23.650
Subject: NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias: UNKNOWN
Owned: No
2017-05-29 PAST TOP PICK Neulion
NLN-T
Colin Stewart

(A Top Pick April 11/16. Down 44%.) This has been a miserable performer. He got at a higher price than where it is now. They seem to be in the right space having technology and providing backing in technology for video distribution online.


Price: $0.690
Subject: NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias: UNKNOWN
Owned: No
2017-05-29 TOP PICK Polaris Infrastructure
PIF-T
Colin Stewart

Their main asset is a geothermal energy facility in Nicaragua, a pretty stable political jurisdiction. Nicaragua relies significantly on renewable energy for power generation, in particular this company’s power facility. They have a long-term contract with the government, which generates very stable cash flow. Dividend yield of 4%. (Analysts’ price target is $25.)


Price: $16.340
Subject: NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias: UNKNOWN
Owned: Yes
2017-05-29 BUY Painted Pony Energy
PONY-T
Teal Linde

Production metrics fell off but the management team are always looking further out.  Short term they are negative, but positive long term.


Price: $5.180
Subject: NORTH AMERICAN - LARGE/MID CAPS
Bias: SELECTIVE
Owned: Yes
2017-05-29 HOLD Penn West Petroleum
PWT-T
Teal Linde

It is no longer at risk of default.  It was the largest oil and gas income trust, mature assets.  He is just not sure what they have left now that they have sold off so much to pay down the debt.  He would not be buying as it is a hold at best.


Price: $1.970
Subject: NORTH AMERICAN - LARGE/MID CAPS
Bias: SELECTIVE
Owned: Unknown
2017-05-29 HOLD PayPal Holdings Inc.
PYPL-Q
Teal Linde

Thin tech is a massive part of the service industry.  It is a growth sector.  He bought in April.  He is reluctant to buy today given the big jump.  It is still 90% cash in the emerging markets world.  This is a pure play in the on-line space.


Price: $51.190
Subject: NORTH AMERICAN - LARGE/MID CAPS
Bias: SELECTIVE
Owned: Yes
2017-05-29 BUY Restaurent Brands International
QSR-T
Colin Stewart

Sell McDonald’s (MCD-N) and buy Restaurant Brands (QSR-T)? He feels that this is not a bad idea Restaurant Brands has more of a growth runway. McDonald’s is more of a mature business with penetration pretty much everywhere. The free cash flow profile is quite attractive.


Price: $83.100
Subject: NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias: UNKNOWN
Owned: Unknown
2017-05-29 WAIT Shopify Inc.
SHOP-T
Teal Linde

He likes it.  They are building an ecosystem where they are bringing partners together.  They are at a near term top and you can tell because of their timing of issuance of stock.


Price: $124.200
Subject: NORTH AMERICAN - LARGE/MID CAPS
Bias: SELECTIVE
Owned: Unknown
2017-05-29 BUY on WEAKNESS Shopify Inc.
SHOP-T
Colin Stewart

A great Canadian growth story. They have effectively found ways to leverage companies and entrepreneurs who are wanting to sell more and more things on the Internet. Feels it is a company that will continue to grow and be successful. Not a cheap valuation, so as a value investor he doesn’t look at these higher multiple stocks. If you saw a pullback in the market, that might be an opportunity.


Price: $124.200
Subject: NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias: UNKNOWN
Owned: No
2017-05-29 DON'T BUY Student Transport of America Ltd.
STB-T
Colin Stewart

This basically operates school buses in the US. It has a fair bit of debt on its balance sheet, and has not grown that quickly. The valuation is certainly not cheap. He would avoid this at these levels.


Price: $8.140
Subject: NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias: UNKNOWN
Owned: No
2017-05-29 COMMENT StorageVault Canada
SVI-X
Colin Stewart

He really likes this company. No longer a value stock as it has gone up a lot. A fantastic business. They own storage lockers and have the ability to increase prices regularly. There is a huge disincentive because of economics, for users to move things to a different location. As more and more people live in condos in smaller spaces, they need places to store goods, and this company is very well positioned to benefit from that. They are effectively making acquisitions.


Price: $2.450
Subject: NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias: UNKNOWN
Owned: Yes
2017-05-29 TOP PICK Tricon Capital Group
TCN-T
Colin Stewart

Through acquisitions and development of different businesses, it has become a significant play on US residential real estate. They are real estate developers and investors. Recently made a transformational acquisition of Silver Bay Realty, which significantly expands their single-family rental division, a developing area in the US. Dividend yield of 2.3%. (Analysts’ price target is $14.)


Price: $11.180
Subject: NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias: UNKNOWN
Owned: Yes
2017-05-29 COMMENT Teck Resources Ltd. (B)
TECK.B-T
Colin Stewart

Usually the best time to buy this is when everyone hates it. A high-quality company with some very good assets including metallurgical coal, oil sands exposure, copper and zinc. Like any resource company, the stock is highly volatile, and is difficult to value.


Price: $24.950
Subject: NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias: UNKNOWN
Owned: No
2017-05-29 DON'T BUY First Asset Tech Giants CC ETF
TXF-T
Adam Thomas

It is a great way to play the big techs, but now is not a great time to get in.  The covered calls mean that if markets go up a lot you may not participate properly.  He likes the ETF, but tech stocks are not a great place to be right now.


Price: $15.150
Subject: AGRICULTURE, DIVIDEND & FIXED INCOME
Bias: BEAR
Owned: Unknown
2017-05-29 PAST TOP PICK Uni-Select Inc
UNS-T
Colin Stewart

(A Top Pick April 11/16. Up 9%.) A really well run business. It has auto parts distribution in Canada and a paint distribution business in the US, where they are the dominant player, distributing paint to auto body shops. They are trying to grow through acquisition which is a good strategy for them. He was a little concerned with the last quarter, so sold his position.


Price: $30.250
Subject: NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias: UNKNOWN
Owned: No
2017-05-29 DON'T BUY Verizon Communications
VZ-N
Teal Linde

They are having troubles like AT&T.  TMUS-Q has unlimited usage and that has been taking a lot of customers away.  Right now it is a race to the bottom.  He would prefer Canadian telecom companies.


Price: $45.320
Subject: NORTH AMERICAN - LARGE/MID CAPS
Bias: SELECTIVE
Owned: Unknown
2017-05-29 COMMENT BMO Low Volatility Cdn Eqty ETF
ZLB-T
Larry Berman CFA, CMT, CTA

Low volatility, low beta holding of equities.  It is not fixed income.  They are not risk free and should not replace fixed income in your portfolio.


Price: $29.960
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Unknown
2017-05-29 COMMENT BMO Europe High Dividend Covered Call Hedged to CAD ET
ZWE-T
Larry Berman CFA, CMT, CTA

[In a non-registered account]  The dividend stream coming off a foreign stream is fully taxed.  In registered accounts you can hold foreign holdings that would otherwise be fully taxed. 


Price: $22.560
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Unknown
2017-05-26 N/A A Comment -- General Comments From an Expert
A Commentary
Michael Smedley

Market. We are still seeing the phenomena of a few big stocks such as Amazon, Apple and Facebook leading the market higher. That will probably continue as the power of them is absolutely solid, amazing, and overwhelming.


Price: $0.020
Subject: CANADIAN
Bias: UNKNOWN
Owned: _N/A
2017-05-26 N/A A Comment -- General Comments From an Expert
A Commentary
Stan Wong

Market. We have hit all-time record highs in the S&P 500 and the NASDAQ. The TSX has been largely wedged in a sideways move since the beginning of the year, mostly due to energy prices struggling for most of the year and uncertainties in the housing market. US equity valuations look somewhat stretched. The S&P 500 is trading at 18X forward earnings, but in corporate earnings momentum, we have seen a very, very strong slate of corporate earnings coming out, which has kept the market propped up. We need to continue to see that through the next few quarters in order to sustain the valuation in the marketplace. Also, investors and the marketplace are very, very hopeful of tax reform and deregulation coming out of the US. From a global perspective, we are seeing a synchronized economic growth and earnings forecasts, which are trending upwards for the 1st time since 2010, in all major regions of Europe, Asia, etc. He remains very constructive on cyclicals, which includes the financial sectors, technology, industrials, etc. Continues to be underweight defensive stocks, which would be the consumer staples, telecom type stocks. In his portfolio, he prefers dividend growers versus dividend plays. As rates start tracking upwards, you’ll see dividend payers start to move sideways. You want to see those names that can properly grow dividends over time. The VIX is showing under 10 at this time, a very low number. However, historically a low VIX does not mean markets are going to take a downturn, so he is not too concerned about that.


Price: $0.020
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: _N/A
2017-05-26 COMMENT A Comment -- General Comments From an Expert
A Commentary
Stan Wong

A defence stock? Some of the go to names would be Raytheon (RTN-N) a missile producer, Lockheed Martin (LMT-N), Northrop Grumman (NOC-N), General Dynamics (GD-N). He has always liked General Dynamics a little bit more because of its diversification. Valuations are very, very similar across the board, and you see that the returns are also very similar over the past year.


Price: $0.020
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Unknown
2017-05-26 BUY A Comment -- General Comments From an Expert
A Commentary
Stan Wong

Emerging Markets ETF? One of the longer standing ones would be the iShares MSCI Emerging Markets (EEM-N), and his other choice would be the Vanguard Emerging (VWO-N). These have very similar types of performance. Thinks Vanguard might be a little bit cheaper. He likes the emerging markets. (See Top Picks.)


Price: $0.020
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Unknown
2017-05-26 HOLD AGT Food & Ingredients
AGT-T
Michael Smedley

Doesn’t know why it has been dropping lately. It has become the dominant force in the lentil supply to countries like India. India had a big crop. If he owned, he would tend to stay in it.


Price: $25.990
Subject: CANADIAN
Bias: UNKNOWN
Owned: Unknown
Showing 1 to 60 of 164,773 entries
<< < 1 2 3 4 5 > >>