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

Recent Opinions

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Date Signal Company Expert Opinion Price
2017-10-20 N/A A Comment -- General Comments From an Expert
A Commentary
Bruce Campbell (1)

Market. Usually, from about Nov 15 to the end of the year the market does well. From here to Nov 15, it is usually flat and then up into the year end, so maybe there won’t be any correction until early next year. Surprised energy is not doing better with oil prices of $51-$52. Stocks had a nice run when oil initially pushed through $50, but it hasn’t really followed through, even though it has tried a couple of times. Fears of a bubble in Canadian real property has kind of dissipated. In the banks, the quarter was up about 9%, dividend increases were still there, and we now have reasonable returns, so it’s a nice place to hide.


Price: $0.020
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: _N/A
2017-10-20 N/A A Comment -- General Comments From an Expert
A Commentary
Bruce Campbell (1)

Black Swan? By definition, an upcoming recession is probably not a Black Swan. Usually there is so much debt that you get out on a limb. Other than real estate, we don’t seem to have any thing else that feels like a bubble. We have an expensive market, but we don’t have an inverted yield curve or anything coming, except the pace of higher rates. If there is some danger of the Fed tightening too quickly and tip us over into a recession, that would be 2 years from now, so the earliest risk would be 2019.


Price: $0.020
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: _N/A
2017-10-20 N/A A Comment -- General Comments From an Expert
A Commentary
William Chin

Market.We are now starting to get economic data that suggests the consumer is not quite as robust as they once were. Today the August retail sales report came out, which is consumer spending. It fell .3% after a .4% gain in July, and excludes cars and auto parts, which are more volatile, so we are looking at core consumer spending, which actually fell .7%. In July it was up .2%. The economy is taking a sharp turn for the worst. The economy has been carried by the consumer and the housing market for a long time. You would want to have a moderate housing correction, and hopefully energy exports can pick up. Maybe crude oil prices are stabilizing which would help. Our exports have been falling for 3 months in a row, and in those 3 months, we lost 10% of our exports. That is due to a very strong Cdn$ due to the 2 rapid rate hikes. Taking back the emergency rate cuts is totally justifiable, but doing that in a hurry will have a larger than expected impact. Element of surprise has always been the strongest tool in the Central Banks toolbox. He can’t see any reason for them to raise rates further.


Price: $0.020
Subject: TECHNICAL ANALYSIS & MACRO STRATEGY
Bias: UNKNOWN
Owned: _N/A
2017-10-20 PARTIAL SELL Air Canada
AC-T
William Chin

Has done very well, but is overbought on the chart. If you own, sell half or a 3rd, which will improve your average cost and you will be much better protected.


Price: $26.200
Subject: TECHNICAL ANALYSIS & MACRO STRATEGY
Bias: UNKNOWN
Owned: No
2017-10-20 PAST TOP PICK AGT Food & Ingredients
AGT-T
William Chin

(A Top Pick Sept 16/16. Down 41%.) Had supply disruptions, and were having a tough time stocking up shelves to meet demand. Management kept saying things would improve, but he didn’t see it so he sold. Looks like there is more room to go on the downside. Dividend yield of 2.9%.


Price: $20.720
Subject: TECHNICAL ANALYSIS & MACRO STRATEGY
Bias: UNKNOWN
Owned: No
2017-10-20 PAST TOP PICK Algonquin Power & Utilities Corp
AQN-T
Bruce Campbell (1)

(A Top Pick Oct 28/16. Up 24%.) In a general sense, this is like some of these growth utilities; making acquisitions in the US, and using their paper. That is what you want. If you are going to buy something for yield, you can’t just have stagnating earnings growth, you need them to have the ability to raise the dividend so that they can lean into higher rates, and the stock will continue to grow. He is hopeful that there will be another accretive acquisition coming soon.


Price: $14.000
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: Yes
2017-10-20 COMMENT Aecon Group Inc
ARE-T
William Chin

Chart shows a series of higher lows, but no higher highs. Like all construction stocks, this is very volatile. 2 words of advice. 1.) Don’t put too much of your portfolio into a stock like this. 2.) If there is good news and the stock picks up, remember to take your profits. Dividend yield of 3%.


Price: $16.340
Subject: TECHNICAL ANALYSIS & MACRO STRATEGY
Bias: UNKNOWN
Owned: Unknown
2017-10-20 COMMENT BlackBerry
BB-T
Bruce Campbell (1)

Sell or Hold? They’ve changed from hardware to software. The asset values he sees from the street are $16-$17, and the consensus might be $15, so you are getting pretty close. If he owned it with $10 costs, he would be tempted to take half off the table. It is getting close to full value. John Chen does a good job.


Price: $14.020
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: No
2017-10-20 TOP PICK BB&T Corp.
BBT-N
Bruce Campbell (1)

This is most like a TD Bank (TD-T) in that it is an east coast regional from Florida up through New England. Very cheap relative to its US peers. It would look a little expensive on Canadian standards, trading at 13X earnings instead of 11X earnings, and a 2.8% yield instead of 4%, but would be a bigger beneficiary on higher rates. Very retail. If we get the Fed going again in December, and 1 or 2 times next year, they’ll have decent earnings growth, and there are still lots of targets of smaller regional banks for them to buy. (Analysts’ price target is $49.)


Price: $47.500
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: Yes
2017-10-20 COMMENT Bank of Montreal
BMO-T
William Chin

Chart shows a Bull/Flat formation. The top of the flat is represented by disbelievers, people who don’t want the stock and are taking advantage of rallies and selling their position. The key on this is that it has broken out. The buyers are actually winning. That means it will likely go higher. There is a decent chance that this can reach the recent high and go a little higher. There is a nice little bull/flag formation.


Price: $98.760
Subject: TECHNICAL ANALYSIS & MACRO STRATEGY
Bias: UNKNOWN
Owned: Unknown
2017-10-20 COMMENT Bonterra Energy Corp
BNE-T
Bruce Campbell (1)

This hasn’t acted well. It’s like a lot of energy stocks, but this is still down 50% for the year. Got caught with a little “worse than average” balance sheet, which has been a kiss of death in the stock market. With the combination of a really good balance sheet, very low costs and drilling prospects, you are still down, but not very much. It will take a while. It’s one of those companies that needs $60 oil to be better. If you think that is not going to happen, then he would switch to something else where you would be better protected.


Price: $13.950
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: Unknown
2017-10-20 COMMENT CAE Inc
CAE-T
William Chin

Chart shows a nice series of higher highs and higher lows from the beginning of 2016. They also have some new contracts coming. Defence companies can continue to do quite well moving forward. Keep an eye on it and make sure it continues having a higher highs and higher lows. 1.7% dividend yield.


Price: $21.970
Subject: TECHNICAL ANALYSIS & MACRO STRATEGY
Bias: UNKNOWN
Owned: Unknown
2017-10-20 SELL CCL Industries (B)
CCL.B-T
William Chin

Specializes in labels and have been acquiring mom-and-pop operators. A very successful business model of acquisitions. Because it was getting a little pricey, he recently sold his holdings. If you own, take your profit and run.


Price: $63.580
Subject: TECHNICAL ANALYSIS & MACRO STRATEGY
Bias: UNKNOWN
Owned: No
2017-10-20 BUY Celgene Corp
CELG-Q
William Chin

This is revisiting old highs, which is a very bullish sign. In this case, it actually broke above its old highs. The current correction seems very healthy as long as it continues making higher lows. Add to your position, but keep a Stop at around $110.


Price: $121.330
Subject: TECHNICAL ANALYSIS & MACRO STRATEGY
Bias: UNKNOWN
Owned: Unknown
2017-10-20 COMMENT Chorus Aviation Inc
CHR-T
William Chin

Just added to his position. He loves it and thinks it is going higher. The fundamental analyst from his shop indicates there is still a lot of value to be unlocked. Only trading at 9X forward earnings.


Price: $8.770
Subject: TECHNICAL ANALYSIS & MACRO STRATEGY
Bias: UNKNOWN
Owned: Yes
2017-10-20 WATCH Corus Entertainment (B)
CJR.B-T
Bruce Campbell (1)

Pays a 9% dividend yield. There is probably no short-term danger of it being cut. It has been at a relatively high yield for quite a while. It is a tough environment for them with a tough set of assets. You can hold it for the dividend, but he would be a little nervous doing that indefinitely. If you do, watch it every quarter to make sure there is no further deterioration.


Price: $12.280
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: Unknown
2017-10-20 COMMENT Cargojet Inc
CJT-T
William Chin

He recently just added to his holdings. It has a very good business model. Chart shows a bull/flag formation with nonbelievers selling, but the stock continuing to go higher. It looks very good. The company has a lot of runway left.


Price: $51.700
Subject: TECHNICAL ANALYSIS & MACRO STRATEGY
Bias: UNKNOWN
Owned: Yes
2017-10-20 COMMENT Canadian Imperial Bank of Commerce
CM-T
William Chin

This has done reasonably well. As we know, banks are a protected species in Canada. Chart is showing a series of higher lows and higher highs, and feels this could go a little higher. The chart looks pretty good.


Price: $112.580
Subject: TECHNICAL ANALYSIS & MACRO STRATEGY
Bias: UNKNOWN
Owned: Unknown
2017-10-20 PAST TOP PICK Canadian National R.R.
CNR-T
Bruce Campbell (1)

(A Top Pick Oct 28/16. Up 25%.) Doesn’t think the 25% will get repeated. Well-managed and a good way to get industrial and general economic exposure. Also, if you own pipelines, rails are a good hedge.


Price: $102.980
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: Yes
2017-10-20 HOLD Capital Power
CPX-T
Bruce Campbell (1)

Northland Power (NPI-T) or Capital Power (CPX-T)? This one has a little more non-sustainable stuff in it. As the outlook for that has improved, it has done better lately. He would classify both as in the Hold category, and a little bit lower on the pecking order. (Owns some of the preferreds.)


Price: $25.410
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: Yes
2017-10-20 COMMENT Chartwell Seniors Housing
CSH.UN-T
William Chin

One of those defensive stocks, and of course the secular trend works; aging demographics, baby growers retiring. Chart shows the stock is in an up channel. Take your profits at the top of the channel and maybe buy when it is at the bottom of the channel. You are in a very good space on this one.


Price: $15.210
Subject: TECHNICAL ANALYSIS & MACRO STRATEGY
Bias: UNKNOWN
Owned: Unknown
2017-10-20 COMMENT DHX Media
DHX.B-T
Bruce Campbell (1)

Has put itself up for sale. With Canadian content there are only a few selective buyers. That really restricts it. On the other hand, they would have to break it up which becomes complicated. He’s wondering if 1 or 2 Canadian buyers have kicked the tires, maybe there is a story out there that nothing is going to happen. He doesn’t hear anything, and maybe the silence is deafening.


Price: $4.520
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: No
2017-10-20 TOP PICK Walt Disney
DIS-N
Bruce Campbell (1)

Peaked at $116 in March or April. The worries had been on ESPN, cord cutting, etc. That has mostly happened, and they are acting to take measures to stop the bleeding and do different vehicles of distributing. ESPN was 110 million subscribers a year ago, and now it is like 89 million. “Live sports” is one of the last bastions of things that will stay. There is another Star Wars movie coming, and usually the stock does well. Also they get the attendant merchandise sales and all that. All it really has to do is go back to where it was, and you would have a 16% return. The entry point is attractive. Dividend yield of 1.6%. (Analysts’ price target is $113.50.)


Price: $99.400
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: Yes
2017-10-20 COMMENT Wisdom Tree Japan Hedged Equity
DXJ-N
William Chin

A hedge is always good. It means you are not taking currency risks. However, this is traded in US$. As a Canadian investor you still have US$ exposure. The hedge is between the US$ and the Japanese yen, not against the Cdn$. Chart shows it has had a pretty good run up, but there is resistance at around $60. The Japanese economy is not exactly firing on all cylinders. Japan is still suffering from deflation and very sluggish growth because of Asian demographics among other things. If you have some profits on this, make sure you take some.


Price: $56.740
Subject: TECHNICAL ANALYSIS & MACRO STRATEGY
Bias: UNKNOWN
Owned: Unknown
2017-10-20 COMMENT Encana Corp
ECA-T
Bruce Campbell (1)

The market tries to like it, and then gets overwhelmed by commodity prices. Although we are enjoying nice weather, that is not good for natural gas prices, so it’s pulled back again in the short term, and the group has pulled back pretty substantially in the past couple of weeks, so the 2-week outlook doesn’t look so great, even though the storage situation is not too bad. Being big and liquid, this company is viewed as one of the 2 “go to” gas names for Americans. He would prefer something with a bit better growth if you are going to go to gas, such as Paramount (POU-T).


Price: $14.340
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: No
2017-10-20 BUY Enbridge
ENB-T
Bruce Campbell (1)

He likes this. Feels it is still working through Spectra which they acquired in the US. A lot of stock was exchanged. Expects there has been pressure of US Spectra holders getting Enbridge stock and trying to get out of it, so it’s been trending sideways for a few months. Management said they have a 5-7 year plan of increasing earnings 8%-10%, but increasing dividends 8%-10% per year. If they are able to, this looks like one of the best yield/growth combinations out there, with safety. This is a great entry point.


Price: $49.620
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: Yes
2017-10-20 SELL ON STRENGTH Enbridge Income Fund Holdings
ENF-T
William Chin

Hold or Sell?He doesn’t follow this closely, but the chart shows that $25 is a very important support. It also shows a bit of a rounded top. Use any small rally to sell your position. 6.6% dividend yield.


Price: $30.200
Subject: TECHNICAL ANALYSIS & MACRO STRATEGY
Bias: UNKNOWN
Owned: Unknown
2017-10-20 COMMENT Fairfax Financial
FFH-T
Bruce Campbell (1)

Sell or Hold? This is very difficult to analyse. It’s like a black box and he doesn’t know what the earnings are going to be. There is the insurance side, but he doesn’t know exactly what the investments are all the time. For the first 7-8 years after the crash, because Prem Watsa owned all these Puts, it did really well in the crash, and he was able to grow BV on the insurance side and made gains on the portfolio, but you never knew where they where. Prem finally had a loss on the Puts but was overwhelmed by gains on the other stuff. He owns a lot of their bonds and preferreds. Because of their uncertainty, they always trade at a discount, so the yields are higher.


Price: $653.510
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: Yes
2017-10-20 SELL General Electric
GE-N
William Chin

The stock went down on the open, but then rallied back. His rule is that if values go down and then can rally back, it usually means Shorts are covering. The question going forward then is, did we close at a higher price than yesterday or is the closing price high enough to indicate new buyers coming in. He wanted this to close above $24, but it didn’t, so it looks like the downward trend will continue.


Price: $23.830
Subject: TECHNICAL ANALYSIS & MACRO STRATEGY
Bias: UNKNOWN
Owned: Unknown
2017-10-20 TOP PICK CGI Group (A)
GIB.A-T
William Chin

A big IT consulting firm. Has very good contracts. Management is doing very well. The balance sheet is very strong. The chart shows it is steadily going higher. As technology gets more sophisticated, companies are finding it difficult to keep abreast of the changes, so there is more and more outsourcing taking place. (Analysts’ price target is $74.)


Price: $66.860
Subject: TECHNICAL ANALYSIS & MACRO STRATEGY
Bias: UNKNOWN
Owned: Yes
Showing 1 to 30 of 169,522 entries
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