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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
2017-03-27 N/A A Comment -- General Comments From an Expert
A Commentary
David Fingold

Markets.  He is not concerned about the health care repeal not going through.  Stock markets are bullish when legislation is in gridlock.  Patience will pay off with other Trump initiatives.  There is literally no volatility in the market.  Investing in this climate for him is no different than any other climate.  A company that is a good investment should not require any particular macro outcome, although it is important to know what could break the investment hypothesis.  He picks stocks bottom up, but worries top down.


Price: $0.020
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVE
Owned: _N/A
2017-03-27 N/A A Comment -- General Comments From an Expert
A Commentary
David Fingold

Why don’t oil producing countries cut production to get the price of oil up?  Most OPEC countries over produce to try to reach their budgets.  OPEC is not in a position to rebalance the market.  There is a lot of production inshore and off shore in the US (the Gulf).  There are a significant number of projects that are ramping up. 


Price: $0.020
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVE
Owned: _N/A
2017-03-27 N/A A Comment -- General Comments From an Expert
A Commentary
David Fingold

Housing prices.  Historically to break housing prices, you need a spike in unemployment.  He does not know when this will happen.  There is only a small chance of recession in the US.  CMHC has published concerns about the housing market. 


Price: $0.020
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVE
Owned: _N/A
2017-03-27 HOLD Alaris Royalty
AD-T
Peter Hodson

The main issue is that they have some portfolio problems.  3 or 4 of their investments are underperforming.  The company is working on it.  The dividend was cut in 2009 so it is not completely safe.  You could see one of the investments being written off, or you could see them make new royalty investments to dilute the bad companies.


Price: $22.260
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: Unknown
2017-03-27 COMMENT Altagas Ltd
ALA-T
Larry Berman CFA, CMT, CTA

6.8% is a pretty high yield.  If the outlook for Nat Gas is going to be suppressed for the next couple of years then the dividend is at risk.


Price: $30.980
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Unknown
2017-03-27 BUY Altagas Ltd
ALA-T
Peter Hodson

The deal has not closed yet, but the company has indicted the deal is accretive to cash flow.  It is not a dividend he is particularly concerned about.  It is a solid company with a solid history and dividend.


Price: $30.980
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: Unknown
2017-03-27 WEAK BUY Amazon.com
AMZN-Q
David Fingold

The valuation is a bit rich.  He looks at it every time it pulls back.  The most interesting part of the story is the disruption they are creating.  They have huge runway and huge advantages.  Home renovation is a space that is relatively safe from AMZN-Q.  He prefers to play AMZN-Q through the suppliers of equipment for warehouses.


Price: $846.820
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVE
Owned: No
2017-03-27 WEAK BUY Aecon Group Inc
ARE-T
Peter Hodson

Last quarter was pretty decent with the dividend being bumped 10%.  It comes and goes with some of the contracts they have won.  The stock is cheap.  He prefers others in the sector.


Price: $17.090
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: Unknown
2017-03-27 PAST TOP PICK Alimentation Couche-Tard (B)
ATD.B-T
Peter Hodson

(Top Pick May 6/16, Up 10%) They are still digesting their most recent acquisition.  It is a slow and steady on this one.


Price: $59.570
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: Yes
2017-03-27 BUY Bank of America
BAC-N
David Fingold

It is a very good company.  They have free deposits upon which they pay no interest.  They don’t have to pay a penny more on these deposits if interest rates rise.  They would be a major beneficiary of tax reform.  He prefers First Republic (FRC-N) in the banking sector, but BAC-N would outperform it if interest rates rose quickly.


Price: $23.030
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVE
Owned: No
2017-03-27 PAST TOP PICK Belimo Holding AG
BEAN-SW
David Fingold

(Top Pick Nov 23/16, Up 13%) Smart building controls.  Their controls are networkable and can be programmed on the job site from a tablet or Smartphone.  Their products have a payback of 12 months for new buildings or renovations. 


Price: $0.000
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVE
Owned: Yes
2017-03-27 TOP PICK Belimo Holding AG
BEAN-SW
David Fingold

Intelligent building controls that pay back in 12 months, primarily in actuation in ventilation systems.  They are entering the sensor business.  They control all of their technology, using their own designed chips.  They are essentially a semiconductor company.  30% operating profit margin.  He is one of the top holders of this security.  (Analysts’ target: 3500CHF).


Price: $0.000
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVE
Owned: Yes
2017-03-27 SPECULATIVE BUY BTL Group Ltd.
BTL-X
Larry Berman CFA, CMT, CTA

Within 20 years the world will be paperless in terms of currency.  Central banks and governments are absolutely broke.  Getting rid of the grey economy would really help.  When there is no cash in the system it eliminates all that.  This is one of the earliest types of this process.  It is an interesting concept.


Price: $3.150
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Unknown
2017-03-27 BUY Grande West Transportation Group
BUS-X
Peter Hodson

He likes the company and is impressed with the orders.  They have been getting a lot of investor attention.  There is an execution risk in that they have to fulfill all the orders.  Management has done a very good job here.


Price: $3.190
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: Unknown
2017-03-27 HOLD Callidus Capital Corp
CBL-T
Peter Hodson

A lot of people have been buying the stock on anticipation of privatization.  If it does not get bought there should be a sell off.  They had 17 companies interested so he doubts the deal would not go through.  He would see the company continuing to buy back stock.


Price: $18.320
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: Unknown
2017-03-27 HOLD Clearwater Seafoods Inc.
CLR-T
Peter Hodson

It paused after a nice little run over the last year.  Earnings growth was solid.  Investors are concerned about the debt level.  It is a high quality company. Don’t expect a lot in the short term.


Price: $10.490
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: Unknown
2017-03-27 HOLD Currency Exchange Intl.
CXI-T
Peter Hodson

Apathy is the real problem.  Most of their business comes in the summer time.  There is no real news, takeovers, dividend, etc.  The stock is quite attractive at the $20 level.  It may get a kick start in the summer.


Price: $21.250
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: Unknown
2017-03-27 DON'T BUY Denison Mines Corp
DML-T
Peter Hodson

They have not made much money since 2003.  Don’t buy unless you are a really big uranium bull.


Price: $0.840
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: Unknown
2017-03-27 DON'T BUY Express Scripts Inc
ESRX-Q
David Fingold

He stayed away from the pharmacy benefits management space.  Drug prices are extremely elevated in the US compared to Europe.  Selling prices can fall a lot.  Most popular drugs are 20-30% cheaper in Europe than in the US.


Price: $64.600
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVE
Owned: No
2017-03-27 BUY Facebook
FB-Q
David Fingold

He does not think it is expensive.  It is at a discount to companies that can’t grow, like utilities.  FB-Q still has growth opportunity.  They are well positioned.


Price: $140.320
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVE
Owned: Unknown
2017-03-27 COMMENT Fiera Sceptre Inc.
FSZ-T
Peter Hodson

It is not his favourite industry with the regulatory changes coming in terms of fee disclosure.  Margins are going to get compressed.  They have a great dividend growth record.  It is a well managed company.


Price: $13.700
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: Unknown
2017-03-27 WATCH Colabor Group Inc.
GCL-T
Peter Hodson

A distributer to restaurants.  They ran into some debt trouble and cut their dividend.  Now we are back in recovery mode.  As they pay down their debt investors will become more interested.  He is still a little skeptical and would like to see a couple more quarters.  He is concerned about a lack of revenue growth.


Price: $1.150
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: Unknown
2017-03-27 BUY goeasy
GSY-T
Peter Hodson

In their last quarter they had a big dividend boost.  They are growing quickly but the PE is only 10-11 times.  He likes it a lot.


Price: $28.520
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: Unknown
2017-03-27 DON'T BUY Healthcare Leaders Income Fund
HHL-T
Larry Berman CFA, CMT, CTA

The US healthcare bill having failed Friday puts some risk into the sector.  He would be fine if it fell back to support levels, but would not step in today, otherwise it is a fine quality holding.


Price: $8.400
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Unknown
2017-03-27 DON'T BUY Harte Gold Corp
HRT-T
Larry Berman CFA, CMT, CTA

They have never had any revenue.  Nobody knows what will happen so they are speculative.  He thinks gold will have a rally up to $1350 if we go unto uncertain on the equity market.  ZJG-T is a junior gold ETF and a better way to play it.


Price: $0.530
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Unknown
2017-03-27 BUY on WEAKNESS High Arctic Energy Services Inc
HWO-T
Peter Hodson

You could nibble away at it.  He is not a real big fan of the sector as it is rolling over a bit.  He likes their dividend, balance sheet and management team. 


Price: $5.270
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: Unknown
2017-03-27 PAST TOP PICK Inficon
IFCN-SW
David Fingold

(Top Pick Nov 23/16, Up 36%) They allow quality control while you are making the chip. 


Price: $0.000
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVE
Owned: Yes
2017-03-27 BUY Intrinsyc Software Inc
ITC-T
Peter Hodson

It is a big thing to a company when it gets its very first analyst coverage.  The stock is cheap.  They had a nice recovery and are sitting on a lot of cash.  Earnings and revenue are chunky here.  2017 looks to be exciting for the company.


Price: $2.310
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: Unknown
2017-03-27 TOP PICK Keysight Technologies Inc.
KEYS-N
David Fingold

It is the original HP, started in 1939.  All the other pieces of HP have been spun off from this.  It is the original test electronics.   You have a significant increase in defense electronics spending coming.  You have 5G wireless coming.  There is a limited list of companies you can go to as an alternative.  It is a very consolidated industry.  20% operating margin.  (Analysts’ target: $39.00).


Price: $36.520
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVE
Owned: Yes
2017-03-27 DON'T BUY Kuka AG.
KUKAF-N
David Fingold

It was taken out by a Chinese company.  He would not invest in a robot manufacturer.   The barriers to entry are not that high.  The margins are higher in being the supplier.  He prefers CGNX-Q.  Half the robots in the world are welding robots because humans are not that good at it.


Price: $0.000
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVE
Owned: No
2017-03-27 PAST TOP PICK Kinaxis Inc
KXS-T
Peter Hodson

(Top Pick May 6/16, Up 47%) A solid software company with orders getting bigger.  He would not rule out their being taken over down the road.


Price: $73.270
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: Yes
2017-03-27 DON'T BUY Luxottica
LUX-N
David Fingold

He prefers another in the vision space.  He likes the vision space, though.  There is aging going on in the world.  The use of computer screens has lead to more needs for vision correction. 


Price: $55.600
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVE
Owned: No
2017-03-27 DON'T BUY Magna Int'l. (A)
MG-T
David Fingold

He would not buy it at these levels.  It has nothing to do with quality or valuation.  It is because the levels of auto production are quite elevated.  What if the economy slows?  He is not involved in auto parts now because he bought it when it was out of favour.  Most of the auto demand is behind us.


Price: $57.780
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVE
Owned: No
2017-03-27 TOP PICK Methanex Corp
MX-T
Peter Hodson

A 19.5% shareholder is calling for dividend increases and share buybacks.  They spent about $3.5 billion on facilities over the last 3 years.  They control the world market in terms of pricing.  It is very solid.  10 times earnings.  (Analysts’ target: $57.00).


Price: $59.920
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: No
2017-03-27 BUY New Flyer Industries Inc.
NFI-T
Peter Hodson

Their last quarter was solid.  They had some problems in New Jersey.  There is a relief rally going on.  It is a great company. 


Price: $47.760
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: Unknown
2017-03-27 BUY Open Text
OTEX-T
Peter Hodson

They did a big acquisition recently.  Generally this would concern them, but they have been doing acquisitions for about 20 years.  Their record of integrating them is phenomenal.  He has no concerns about this company.  They can pay down the debt quite quickly.  It is one of his favourite large cap software companies.


Price: $45.460
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: Unknown
2017-03-27 TOP PICK Premium Brands Holdings Corp
PBH-T
Peter Hodson

They provide food products to institutions and are expanding.  It is a pure growth story.  Last quarter revenue grew 30%.  25 times earnings, however.  They made solid acquisitions.  Two facilities are coming online over the next 18 months and margins are going to increase.  (Analysts’ target: $81.50).


Price: $82.410
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: No
2017-03-27 TOP PICK Parker Hannifin Corp
PH-N
David Fingold

Leading in pneumatic controls.  Strong margins and a strong record of generating cash flow.  They have 50 to 60 years of dividend growth. It is a relatively consolidated space.  (Analysts’ target: $173.00).


Price: $155.650
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVE
Owned: Yes
2017-03-27 DON'T BUY Royal Dutch Shell PLC (A)
RDS.A-N
David Fingold

He is zero weighted in energy.  They have been ramping up their debt over the last 10 years and have made little progress on their reserves.  They have been borrowing money to pay their dividends.  If you want to play oil, you want a company that can get you production and reserve per share growth. 


Price: $52.270
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVE
Owned: No
2017-03-27 DON'T BUY Santander Bancorp
SBP-N
David Fingold

All the European banks have an issue with BREXIT.  It exposes a capital issue for them.  He is concerned also about any of the Spanish banks.  Rates have fallen and as old loans mature they are renewed at much lower rates.  Spain needs to do some rationalization in their banking system.


Price: $12.680
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVE
Owned: Unknown
2017-03-27 PAST TOP PICK Savaria Corp
SIS-T
Peter Hodson

(Top Pick May 6/16, Up 61%) Mobility solutions.  They won a contract in China.  It is one of the most solid management teams.  Earnings are solid and the outlook is great.


Price: $12.750
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: Yes
2017-03-27 HOLD Stella-Jones Inc.
SJ-T
Peter Hodson

He likes the company, the management team and the position they have.  They indicated this year will be a little bit slower.  The second half of the year should be better.


Price: $38.680
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: Unknown
2017-03-27 HOLD StorageVault Canada
SVI-X
Peter Hodson

They are consolidating the storage market in Canada.  It has been on a very good run, but he would be cautious now after the most recent acquisition as it is so large.


Price: $2.010
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: Unknown
2017-03-27 HOLD Sylogist Ltd.
SYZ-X
Peter Hodson

A software company in a number of different areas such as healthcare and government management.  It has been weak recently.  The last quarter was a bit of a miss.  They have gone on pause a bit.  No debt and they are looking for an acquisition for their cash.


Price: $8.250
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: Unknown
2017-03-27 HOLD Tucows Inc.
TC-T
Peter Hodson

They are the number two domain marketing company.  They are on fire.  US investors have fallen in love with it.  He does not see how it can keep going up at the same rate.


Price: $66.730
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: Unknown
2017-03-27 WAIT Toronto Dominion
TD-T
Larry Berman CFA, CMT, CTA

He is cautious on banks as they are starting to pull back.  If we go through a period of uncertainty, all these stocks come back to where they broke out from, otherwise he is comfortable buying here.


Price: $65.130
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Unknown
2017-03-27 BUY Spin Master Corp
TOY-T
Peter Hodson

It became a media frenzy in January.  It is a very well run company with good product placement.  They have good market share and are growing quickly.  It is a very solid company.


Price: $37.640
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: Unknown
2017-03-27 BUY Trevali Mining Corp
TV-T
Peter Hodson

He has been surprised on the strength of zinc.  They have become the largest pure play zinc company in North America.  He likes what they are doing.


Price: $1.200
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: Unknown
2017-03-27 BUY Visa Inc.
V-N
David Fingold

He likes the credit card processor space, although MA-N is his preference.  The stocks have moved in a closely correlated move over time.  V-N is more involved in the debit space where there is more pressure on fees.


Price: $88.950
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVE
Owned: No
2017-03-27 WATCH Goldmoney Inc
XAU-T
Peter Hodson

If you believe you will be buying your coffee in the morning with gold, this is the company for you.  It is a 10 year plan.  They are starting to get critical mass.  They are trying to change the market.  The management team is good, but it is still a bit early.


Price: $3.240
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: Unknown
2017-03-27 DON'T BUY iUnits S&P/TSX 60 ETF
XIU-T
Peter Hodson

XIU-T vs. individual shares.  The TSX index is mostly financial and resources.  He does not believe you should buy this weighting as you will be short on everything except financial and resources. 


Price: $22.960
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: Unknown
2017-03-27 TOP PICK ZCL Composites Inc.
ZCL-T
Peter Hodson

Water tanks and tanks for gas stations.  There is a big replacement cycle going on.  Their dividend went up 50% this quarter and they are paying a special dividend.  (Analysts’ target: $14.00).


Price: $13.540
Subject: CANADIAN SMALL & MIDCAPS
Bias: OPTIMISTIC
Owned: No
2017-03-27 COMMENT BMO Low Volatility Emerging Markets Equity
ZLE-T
Larry Berman CFA, CMT, CTA

You typically get one payout a year from emerging market ETFs.  Generally emerging markets pay out a larger dividend.  He would look for the distribution to settle out at about 2%.  The difference between this and VEE-T is that is it is low volatility. 


Price: $21.590
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Unknown
2017-03-27 COMMENT BMO Covered Call Cdn Banks ETF
ZWB-T
Larry Berman CFA, CMT, CTA

Covered call banks, but ZWC-T covers more economic sectors.  Banks are 21% of the TSX and are that potion of ZWC-T.


Price: $18.870
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Unknown
2017-03-27 DON'T BUY BMO Europe High Dividend Covered Call Hedged to CAD ET
ZWE-T
Larry Berman CFA, CMT, CTA

It is a broad, European, covered call strategy.  It could easily fall 10-15% minimum.  Don’t put new money to work here now.  Europe overall is pretty cheap, however. 


Price: $21.600
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Unknown
2017-03-24 N/A A Comment -- General Comments From an Expert
A Commentary
Greg Newman

Markets.  Everyone wants to call an end to this run.  We still have an accommodative federal reserve.  Stocks are not cheap, but still so much cheaper than 10 year bonds and cheaper than real estate.  People are still so nervous of the small or big gains they have had.  People need dividend stocks.  He does not see a high interest rate environment.  Dividends are a staple in people’s portfolios.


Price: $0.020
Subject: CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias: BULLISH on DIVIDEND STOCKS
Owned: _N/A
2017-03-24 N/A A Comment -- General Comments From an Expert
A Commentary
Greg Newman

How much to keep in Cash?  [Caller had two of four kids in University].  You want to be mathematical about this.  When these liabilities become certain you want to invest in things that cannot fall down.  It depends on your temperament.


Price: $0.020
Subject: CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias: BULLISH on DIVIDEND STOCKS
Owned: _N/A
2017-03-24 TOP PICK Algonquin Power & Utilities Corp
AQN-T
Greg Newman

He really likes this name.  Be cautious that higher interest rates in the US will filter to Canada and hurt companies like this a little bit.  They are growing so well.  21% earnings per share growth is his model.  They have a good and improving balance sheet and growth from several sources.  You should continue to own it and use weakness to add to it.  He is forecasting 8% dividend growth every year.  They beat Q4 estimates.  (Analysts’ target: $14.25).


Price: $12.770
Subject: CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias: BULLISH on DIVIDEND STOCKS
Owned: Yes
2017-03-24 BUY Bank of America
BAC-N
Greg Newman

They have the housing cycle ahead of them.  They are trading at book. They are levered to lower regulations.  People are still terrified of the financial crisis.  It is one of the best.


Price: $23.120
Subject: CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias: BULLISH on DIVIDEND STOCKS
Owned: Unknown
2017-03-24 DON'T BUY Bonavista Energy Corp
BNP-T
Greg Newman

They have a dividend that looks safe for now because they are 70% hedged for 2017.  They are into a narrow play, they cut costs and are cheap.  Debt levels aren’t bad.  But to him in this environment it is really still too much debt.


Price: $3.260
Subject: CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias: BULLISH on DIVIDEND STOCKS
Owned: Unknown
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