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

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Date Signal Company Expert Opinion Price
2017-04-28 N/A A Comment -- General Comments From an Expert
A Commentary
EDITOR

Tonight's program is on taxes not stocks.


Price: $0.020
Subject: N/A
Bias: UNKNOWN
Owned: No
2017-04-28 BUY AGT Food & Ingredients
AGT-T
Michael Sprung

Lentils and pulses. This has traced back from $40 down to around $30. A lot has happened with crops being locked in by weather and various other factors, but the long-term future for pulses, proteins and food ingredients is very good. Feels the company is getting more and more coverage. This is now at levels that are attractive, and he would be adding to any new accounts that came in.


Price: $31.670
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: Yes
2017-04-28 COMMENT BlackBerry
BB-T
Michael Sprung

This lived through a period when things really looked questionable. They’ve managed to change the profile from a hardware phone maker company, to a software company. They now have very, very good relations with the auto industry. At current prices, it is discounting a pretty positive future, so he would be a little cautious.


Price: $12.705
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: Unknown
2017-04-28 PAST TOP PICK Bank of Nova Scotia
BNS-T
Michael Sprung

(A Top Pick June 2/16. Up 21%.) This bank has had tremendous focus on cost control, as well as technology development, over the last few years. The new CEO has made them more competitive in a modern environment. The most internationally diversified of all the Canadian banks. It has great exposure to South America, so if there is an uptick in materials, etc., that will do very well for them. Still a Buy. (See Top Picks.)


Price: $76.080
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: Yes
2017-04-28 TOP PICK Canadian Imperial Bank of Commerce
CM-T
Michael Sprung

Relatively exposed to home loans in Canada, which is why he picked it. Americans don’t actually understand Canada’s mortgage market. Because of this, a lot of US Shorts are going after not only the alternate mortgage lenders, but primary banks and other lenders. This is also probably one of the most profitable banks in Canada. Dividend yield of 4.6%. (Analysts’ price target is $124.)


Price: $110.580
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: Yes
2017-04-28 COMMENT Cenovus Energy
CVE-T
Michael Sprung

Just put forward a massive acquisition of $17 billion into the oil sands, a significant size relative to their market cap. Maybe this is not a bad time for these companies to be buying out these assets. Thinks that it is a stretch for them. He owns this because it has such a great sheet. After this acquisition, the balance sheet is not going to be that great. Also, it is going to be exposed to oil sands which are very, very long-term assets. Costs of getting oil out, are coming down, so this could be a buy of the century for them, but could also go the other way.


Price: $13.680
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: Yes
2017-04-28 DON'T BUY Empire Company (A)
EMP.A-T
Michael Sprung

They made a huge purchase of Safeway at just the wrong time, just before the Western economy fell apart. This isn’t the 1st time they have stumbled, in one way or another. They will eventually pull out of this, but they are behind the 8 ball right now. He prefers Loblaws (L-T), which is the dominant player in Canada. It also has the biggest reach into the discount outlets.


Price: $21.015
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: No
2017-04-28 COMMENT Equitable Group
EQB-T
Michael Sprung

Assuming that the contagion is not so devastating, and assuming that they can still raise capital at a reasonable cost, he thinks this company will pull through. A year from now, many of these companies will regain their losses.


Price: $37.580
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: Unknown
2017-04-28 COMMENT Fairfax Financial
FFH-T
Michael Sprung

When you invest in this, you have to be prepared for volatility in earnings. Their insurance operations are well-run and well-managed, and their combined ratio is around 95% which is pretty good. They make a great deal of their earnings through their investment portfolio, which is large and well-managed, but has tremendous volatility. Lately, they’ve taken off a lot of hedges that they had, looking for more of a bear market going forward. Have also suffered with some of their equity shorts because markets have generally been going up. It always trades around BV, and right now it is about 1.25% of BV, so it is probably not a bad place to be looking at it. You have to be a long-term player to own these shares.


Price: $620.000
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: Unknown
2017-04-28 PAST TOP PICK Fortis Inc.
FTS-T
Michael Sprung

(A Top Pick June 2/16. Up 11%.) Recently did a huge acquisition in the US. He admires their diversification across many regulatory factions. They are now well positioned in the US.


Price: $44.310
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: Yes
2017-04-28 TOP PICK Goldcorp Inc
G-T
Michael Sprung

This has been in the penalty box because of troubles in Red Lake, but people didn’t understand that it was just a temporary issue with some activities that fell out of sync. Thinks they will be back on stream for the remainder of the year. Gold companies these days are really driven by efficiencies. This company has excellent assets in Mexico and Argentina. They also have some joint ventures with some major companies. Dividend yield of 0.57%. (Analysts’ price target is $23.56.)


Price: $19.015
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: Yes
2017-04-28 COMMENT CGI Group (A)
GIB.A-T
Michael Sprung

This has grown both organically and by acquisition. They have really taken advantage of the trend to outsource computer systems, programming, etc. This has always traded at multiples that have not been appealing to him as a value investor. If you own, it never hurts to take a profit.


Price: $65.930
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: No
2017-04-28 COMMENT Great West Lifeco
GWO-T
Michael Sprung

This has always been one of the most profitable of the large life insurers. If you think we are going into a rising interest rate environment, the insurers are the ones who can benefit greatly. He would prefer owning Power Financial (PWF-T) over this because of its diversification, but also increases in dividends.


Price: $36.700
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: Unknown
2017-04-28 COMMENT Hudbay Minerals Inc.
HBM-T
Michael Sprung

Thinks there will be another leg up in the sector, and this company will be a beneficiary of that. It has probably not performed as well as some of its peers, but at current prices it is still a fairly good buy. Constancia is doing very well for them. They have some projects in line for development over the next few years. A lot of their big spends are behind them. This would be one of his top choices in the sector.


Price: $8.220
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: Unknown
2017-04-28 COMMENT Home Capital Group
HCG-T
Michael Sprung

This has almost become a speculation rather than an investment. He thinks it is a crime what has happened to them. Operationally they were doing just fine. It was well-managed. He wonders if things couldn’t have been handled differently in terms of how they dealt with the failure to disclose in a timely basis, the fact that they had fired a bunch of the mortgage brokers. Whoever buys this company is going to get a bargain, if they can lower that cost of capital again, and get out from under the thumb of a $2 billion 10% line of credit. Feels the argument is going to be that if someone does attempt to buy them, how cheap will they be able to buy them.


Price: $8.140
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: Unknown
2017-04-28 COMMENT Kinross Gold
K-T
Michael Sprung

In today’s environment, with low interest rates and low inflation, it is a good environment for a lot of gold companies. They have begun to clean up their act in being more cautious in terms of development of new projects. Overall, a lot of the gold companies are in much better shape than they were 5 years ago. This one has been doing a little better lately. He prefers others. (See Top Picks.)


Price: $4.745
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: No
2017-04-28 HOLD Painted Pony Petroleum
PPY-T
Michael Sprung

Recently hit his radar screens. Seems to be a well-managed company. They hit the pocket when a lot of the energy companies were having some difficulties. Have very good land positions. He is looking at this as a possible purchase.


Price: $5.010
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: No
2017-04-28 COMMENT Power Financial Corp
PWF-T
Michael Sprung

This should map pretty closely with Great West Life (GWO-T), as what most people are looking at in this company is the Great West component. He would still prefer owning this as opposed to just a pure play in Great West Life, not only because of diversification, but increases in dividends. Dividend yield of 4.5%.


Price: $34.780
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: Unknown
2017-04-28 COMMENT Royal Bank
RY-T
Michael Sprung

Toronto Dominion (TD-T) or Royal (RY-T)? The benchmark in Canada. The most diversified and dominant in almost every area they participate in. From a price point of view, he thinks this one is a little more preferable. There is not much to differentiate between the 2 yields. This would be his preferred holding. (See Top Picks.)


Price: $93.580
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: Yes
2017-04-28 TOP PICK Suncor Energy Inc
SU-T
Michael Sprung

There have been a string of mergers and acquisitions in the oil patch, and this company is going to reap the benefit of that. Has a great balance sheet, which they will be using for share buyback and possible dividend increases. They have great growth prospects going forward. Dividend yield of 3.1%. (Analysts’ price target is $49.)


Price: $42.860
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: Yes
2017-04-28 COMMENT Toronto Dominion
TD-T
Michael Sprung

Toronto Dominion (TD-T) or Royal (RY-T)? This has made a huge push into the US, and have used a lot of capital to do that. Those kinds of moves take a long time before you earn a sufficient Return on Capital employed. A great bank and very well-run, but of all the banks, Royal is the benchmark in Canada, the most diversified and dominant in almost every area they participate in. There is not much to differentiate between the 2 yields. (See Top Picks.)


Price: $64.260
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: No
2017-04-28 PAST TOP PICK Vermilion Energy Inc
VET-T
Michael Sprung

(A Top Pick June 2/16. Up 16%.) One of the more international players. Their first wells in France have just come on. Australia is doing quite well. Faced a few small delays in the Netherlands. This is a company that you can own, not only because of great management and diversification, but it also pays fairly well to own it. Fully valued right now, but if it took a hit, he would be adding for new clients.


Price: $48.100
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: Yes
2017-04-28 COMMENT Yamana Gold Inc.
YRI-T
Michael Sprung

In today’s environment, with low interest rates and low inflation, it is a good environment for a lot of gold companies. They have begun to clean up their act in being more cautious in terms of development of new projects. Overall, a lot of the gold companies are in much better shape than they were 5 years ago. He prefers others. (See Top Picks.)


Price: $3.675
Subject: CANADIAN LARGE
Bias: UNKNOWN
Owned: No
2017-04-27 COMMENT A Comment -- General Comments From an Expert
A Commentary
Mohsin Bashir

Markets.  There is no shortage of things to look at in this market this week, especially in the US and that is where he is paying the most attention.  All markets are saying the same thing.  It is not cheap.  It is tough for that to have any relevance because we are undertaking one of the most elaborate global monitory policy experiments in history.  Eventually we will hit recession.  It is important to be watching the economic data points.  The number one geopolitical threat is NAFTA.  We have to bear in mind that if there is any military activity in Asian we have to be mindful as to what the impact will be on commodities.  The home Capital situation raises questions.  Who takes on the risk for the home mortgage market?  The banks will be very careful of taking more risk on their books.  Default rates so far are very low.  Banks were down in 2016 due to oil and gas loan books and we saw how that played out.  He has difficulty in taking a risk in HCG-T.  Some investors are shorting Canadian banks because of HCG-T risks, but he sees this as a buying opportunity. However, be careful that they are at the top of their range.


Price: $0.020
Subject: NORTH AMERICAN - LARGE
Bias: CAUTIOUS
Owned: Unknown
2017-04-27 COMMENT A Comment -- General Comments From an Expert
A Commentary
Mohsin Bashir

Boarder adjustment taxes.  It is early days.  There is a high probability of there being all kinds of negotiating tactics:  Softwood lumber tariff – automotive – diary.  You can’t reduce everything.  If you were risk adverse, you would go toward businesses that were well insulated: businesses that are operating in the US.


Price: $0.020
Subject: NORTH AMERICAN - LARGE
Bias: CAUTIOUS
Owned: Unknown
2017-04-27 N/A A Comment -- General Comments From an Expert
A Commentary
Mike S. Newton, CIM FCSI

Market. The market is now a Hobson’s choice. You either have to take it or leave it. In after hours today, Google and Amazon, which have already had a great move, had another 3%-5% upside in after-hours. You can either stick with the so-called crowded trades, which he is continuing to do, or go fishing in some of the more bargain areas of the market. With new money, he would be very, very careful. It is a very bifurcated market, and you have to be very careful.


Price: $0.020
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: _N/A
2017-04-27 COMMENT A Comment -- General Comments From an Expert
A Commentary
Mike S. Newton, CIM FCSI

Canadian Banks? He is not too concerned about the banks. However, believes that we are going to have a bit of negativity in this space. Still a firm believer in the big banks.


Price: $0.020
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Unknown
2017-04-27 BUY on WEAKNESS Apple
AAPL-Q
Mohsin Bashir

A myriad of multinational companies with off shore cash would be huge beneficiaries of the opportunity to repatriate cash.  He does not view Apple as a tech company, but as a consumer discretionary company.  This is one of highest weights on the NASDAQ.  There is probably room for continued dividend growth.  It would be a beneficiary of more relaxed regulatory action in the US.


Price: $143.790
Subject: NORTH AMERICAN - LARGE
Bias: CAUTIOUS
Owned: Unknown
2017-04-27 COMMENT Apple
AAPL-Q
Mike S. Newton, CIM FCSI

Loves this company. Has always been a big believer in the services side and was never too concerned about the fancy phone releases. The services side is going to be the real driver. Longer-term, we are probably looking at a $50 billion a year revenue line, just from the services side.


Price: $143.790
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Unknown
2017-04-27 PAST TOP PICK AutoCanada Inc.
ACQ-T
Mike S. Newton, CIM FCSI

(A Top Pick April 27/16. Up 11.88%.) His original reason for buying this was for a recovery in Alberta in oil and a bounce off Fort McMurray. He got stopped out of this.


Price: $23.430
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: No
Showing 1 to 30 of 163,773 entries
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