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
2017-04-20 COMMENT Manulife Financial
MFC-T
Lorne Zeiler

All the financials had a big, big move, and this was probably one of the greatest recipients of this bump in Canada. In terms of an overall stock, their valuation is reasonable. It looks like they are putting some improvements in place with the John Hancock business, which has been a huge headache. ROE is still lower than its competitors. (See Top Picks.)


Price: $23.240
Subject: DIVIDEND STOCKS AND MACRO STRATEGIES
Bias: UNKNOWN
Owned: Unknown
2017-04-20 WEAK BUY Nike Inc
NKE-N
Mark Grammer

They have been losing share to ADS-GR.  The prospects for Nike are good.  They are doing well in China.  He would not count them out.  Adidas has been a fantastic stock over the last couple of years.


Price: $56.400
Subject: GLOBAL
Bias: BULLISH on GLOBAL STOCKS
Owned: No
2017-04-20 BUY Novartis AG
NVS-N
Mark Grammer

It is a really strong global pharma company.  They are turning around their eye care business acquisition and their cardiac drug which had a bungled launch.  If they are successful they will do quite well.  It could be a blockbuster.


Price: $73.620
Subject: GLOBAL
Bias: BULLISH on GLOBAL STOCKS
Owned: Yes
2017-04-20 BUY Banco Santander SA
SAN-N
Mark Grammer

They are well positioned in emerging markets.  They have some of the strongest franchises in Latin American countries.  The Spanish economy is doing much better.  It is the favourite of the Spanish banks.


Price: $6.070
Subject: GLOBAL
Bias: BULLISH on GLOBAL STOCKS
Owned: Unknown
2017-04-20 WATCH Societe Generale A
SCGLY-5
Mark Grammer

A French bank.  The one risk is the French elections.  Wait and see what happens before diving into a French bank.  The French economy is improving. 


Price: $0.000
Subject: GLOBAL
Bias: BULLISH on GLOBAL STOCKS
Owned: No
2017-04-20 DON'T BUY Sherwin-Williams Co.
SHW-N
Lorne Zeiler

This has had huge growth in both earnings and share price over the last number of years, because it has been tied into both the US consumer and the US housing market. It is a brand most used by contractors. However, it is at a very high premium in terms of valuation at roughly 26X earnings. They are expecting earnings growth of 10%. This is not one he would be buying.


Price: $324.020
Subject: DIVIDEND STOCKS AND MACRO STRATEGIES
Bias: UNKNOWN
Owned: No
2017-04-20 TOP PICK Sun Life Financial Inc
SLF-T
Lorne Zeiler

Compared to the other insurers, their valuation is more reasonable at 7.6X earnings. Recently they’ve provided their medium-term outlook, looking at 8%-10% earnings growth per year. Very stable name. Dividend yield of 3.6%. (Analysts’ price target is $54.)


Price: $47.800
Subject: DIVIDEND STOCKS AND MACRO STRATEGIES
Bias: UNKNOWN
Owned: Yes
2017-04-20 BUY on WEAKNESS Samsung Electronics
SMSN-LSE
Mark Grammer

It is a great company with good exposure to the semi conductor business.  If you are optimistic in both telecom and semiconductor industries, this one could do well for you.  If it sold off he would get more interested.


Price: $0.001
Subject: GLOBAL
Bias: BULLISH on GLOBAL STOCKS
Owned: No
2017-04-20 HOLD Toronto Dominion
TD-T
Lorne Zeiler

Why are the banks consolidating or flat? In 2015, the earnings of the banks were fantastic. They were beating the estimates and they were increasing, but people were concerned and there was a decline in the bank shares of about 10%-15%. Last year, there was a massive run up. They were giving returns generally of about 30%, so a pause is in order. This is a great, long term hold.


Price: $66.040
Subject: DIVIDEND STOCKS AND MACRO STRATEGIES
Bias: UNKNOWN
Owned: Unknown
2017-04-20 PARTIAL BUY Teva Pharmaceutical
TEVA-N
Lorne Zeiler

A cheap, but troubled stock. It is the leading generics pharmaceutical provider globally. They overextended themselves a while ago, in trying to get into specialty Pharma areas, which has been a bit of a problem. Expected to generate a little over $5 in earnings next year, a 6X earnings multiple. The Pharma sector as a whole tends to be 3X, so this is very, very cheap. The dividend is over 4%. The negative is that the management team is in flux. Also, the Department of Justice now has an inquiry into price fixing potential by the generic providers. The balance sheet is incredibly levered at 4.8X EBITDA. This is worth taking a half position and then growing that out. If things start to normalize and they get the earnings they are projecting, it should really start seeing 20%, 30%, 40% growth from here.


Price: $30.760
Subject: DIVIDEND STOCKS AND MACRO STRATEGIES
Bias: UNKNOWN
Owned: Unknown
2017-04-20 BUY Toyota
TM-N
Mark Grammer

It is one of the strongest auto companies in the world.  It is a global player.  Japan is improving for them.  The biggest swing factor for them is the US.  The Yen strengthening has been a negative for this company. 


Price: $106.000
Subject: GLOBAL
Bias: BULLISH on GLOBAL STOCKS
Owned: No
2017-04-20 BUY Total SA
TOT-N
Mark Grammer

One of the few oil companies he owns.  It is a fully integrated oil company.  It has growth.  Their downstream and retail businesses are doing well and help modulate their cash flows.  (5.3% yield).


Price: $50.270
Subject: GLOBAL
Bias: BULLISH on GLOBAL STOCKS
Owned: Yes
2017-04-20 PAST TOP PICK Trans Canada Corp
TRP-T
Lorne Zeiler

(A Top Pick Dec 23/16. Up 4%.) He thought there might be some uptick if the Keystone pipeline was approved and the integration of the Columbian pipeline. A great name to continue to hold. They are projecting dividend growth of over 10% over the next 3 years. They have $23-$24 billion of projects coming on in Mexico, the US and Canada.


Price: $63.560
Subject: DIVIDEND STOCKS AND MACRO STRATEGIES
Bias: UNKNOWN
Owned: Yes
2017-04-20 DON'T BUY Tata Motors Ltd.
TTM-N
Mark Grammer

They are a beneficiary of what is going on in India.  Their Land Rover investment has been fairly profitable.  You get an emerging market play so there is more risk.  He has limited exposure to auto.  His preference is BMW.


Price: $34.190
Subject: GLOBAL
Bias: BULLISH on GLOBAL STOCKS
Owned: No
2017-04-20 WEAK BUY Unilever NV
UN-N
Mark Grammer

Consumer staples have always been appealing for low volatility; however this sector is now quite pricey.  They are focusing on improving productivity and margins.  The prospects are probably relatively good.


Price: $51.140
Subject: GLOBAL
Bias: BULLISH on GLOBAL STOCKS
Owned: Unknown
2017-04-20 BUY Vodafone Group PLC
VOD-Q
Mark Grammer

There is hope for the value to go up.  It is a very competitive industry.  They are spending money on spectrum.  They pay a decent dividend.  It is not a bad place to be if you are looking for yield (5.9%).  It is one of the better telecom companies in Europe.


Price: $25.930
Subject: GLOBAL
Bias: BULLISH on GLOBAL STOCKS
Owned: No
2017-04-20 COMMENT Verizon Communications
VZ-N
Lorne Zeiler

Even though the street does not like this, it is a name you might want to look at. Trading at 13X earnings. They were basically only $.01 under earnings, but missed quite a bit on the revenue side. He thinks that is going to change.


Price: $48.410
Subject: DIVIDEND STOCKS AND MACRO STRATEGIES
Bias: UNKNOWN
Owned: Unknown
2017-04-19 N/A A Comment -- General Comments From an Expert
A Commentary
David Burrows

Market. Since last February, we have been in a very productive equity market. We are having a little pause right now which he doesn’t think will take very long. There has been a great focus on passive, low fee investing and being an index investor, at precisely the moment when correlations, or the degree to when stocks and sectors behave the same, is at its lowest level in 15 years. The opportunity to target specific themes and companies is really an outsized opportunity right now, and he hopes people will be able to take advantage of it. From 1966 to 1982, the market travelled sideways in a series of advances and declines. The late 70s was when Vanguard got its start in Index investing. That was the last time managers had been stupid for the previous 15 years. The S&P 500 from 2000 to 2013 travelled sideways in a series of advances and declines, and many managers had a hard time beating it. The topic now is index investing/passive investing, but that is looking backwards. Today, we have very strong clear themes in this market, and the opportunity to target and be an active manager has not been better in 15 years. The market bottomed in 1981, and by 1985 no one was talking Index investing.


Price: $0.020
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: _N/A
2017-04-19 N/A A Comment -- General Comments From an Expert
A Commentary
David Burrows

Stops? He uses Stops on all positions he invests in. Half the battle is knowing when to Sell. Doesn’t use automatic Stops, but monitors a stock for when it gets close to an exit price. He uses “point and figure” price charts, which help him to recognize inflection points where behaviour is changing in the security. For a longer-term investor, they could use the 150-day moving average.


Price: $0.020
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: _N/A
2017-04-19 N/A A Comment -- General Comments From an Expert
A Commentary
Bruce Murray

Market. We are in the very constructive environment. Globally, the economy is doing very well. Germany is doing well, China is coming on, India is doing well. We are in a healthy global economy, just coming out of a 10 year, following the mortgage crisis. However, with long bonds at 2% and equity risk premiums at ranges of 4%-5%, we are seeing bond substitute companies like Coca-Cola selling at 25X earnings. Valuations are fine if interest rates don’t move. We are in a very healthy environment and thinks growth stocks are fine.


Price: $0.020
Subject: LARGE CAP GROWTH & DIVIDENDS
Bias: UNKNOWN
Owned: _N/A
2017-04-19 COMMENT Apple
AAPL-Q
Bruce Murray

Has a target price of about $168. The dividend will go up. Their new product seems to be taking hold. This is not expensive, trading at about 15X.


Price: $140.680
Subject: LARGE CAP GROWTH & DIVIDENDS
Bias: UNKNOWN
Owned: Yes
2017-04-19 TOP PICK Adobe Systems
ADBE-Q
David Burrows

The leader in creating digital media. There is enormous growth in the creation of Digital media. They used to sell their software as a package, with an upgrade every couple of years. There was an enormous number of people pirating their software. They then started selling by subscription. They caught a bunch of pirates that needed their software and had to wind up subscribing. This is a quickly growing pie. As their subscriptions go up, their margins go up. They now have 10 million subscribers. There are 7 million users that continue to use old versions, and will have to upgrade. (Analysts’ price target is $145.)


Price: $130.220
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: Yes
2017-04-19 COMMENT American Tower
AMT-N
David Burrows

A REIT which owns cell phone towers all over the world. Cell phone towers are pretty interesting REITs as they have almost unlimited capacity. They have all the major wireless providers as customers, putting their gear up on their towers. Every time there is a new generation of gear, they don’t take the old stuff off, but put the new one on, so rents keep going up. They’ve done a great job of growing geographically. Has a broad customer base and isn’t levered to any one mobility provider. Over the next couple of years, we are going to start seeing 5G LTE coming, the next generation of wireless gear. They’ll continue to grow their dividend.


Price: $124.670
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: Yes
2017-04-19 BUY Algonquin Power & Utilities Corp
AQN-T
David Burrows

Probably his biggest utility-like position. It has outperformed the sector for quite some time and has been able to grow its cash flow and dividend handily. 4.7% dividend yield is very attractive.


Price: $12.930
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: Yes
2017-04-19 TOP PICK Bank of America
BAC-N
David Burrows

He looks for sectors/themes that are going through significant shifts that can give a long runway for the industry and companies to be revalued. The 2nd biggest bank in the US, trading at just under 1X BV, and can go higher. Assuming they can grow BV, that would be even better. It will be helped by rising interest rates. They will get the CCAR assessment in June as to whether they can return more capital to shareholders. Generating a ton of cash, so dividends should continue to accelerate. US banks started to perform in June of last year and have just had a classic pullback towards the 150-day moving average, which gives investors a great entry point. This could be a 5-year theme. Dividend yield of 1.3%. (Analysts’ price target is $26.)


Price: $22.740
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: Yes
2017-04-19 COMMENT Brookfield Asset Management (A)
BAM.A-T
Bruce Murray

This is one where you have to trust management. They have done a great job and will continue to do so. Focused heavily on real estate. If interest rates flatten out, the appreciation of real estate probably finally comes to an end, especially in commercial real estate. Probably a decent investment. You get nice dividends and it will gradually grow.


Price: $49.110
Subject: LARGE CAP GROWTH & DIVIDENDS
Bias: UNKNOWN
Owned: No
2017-04-19 COMMENT BCE Inc.
BCE-T
David Burrows

The media sector has been doing well recently, and telcos have had a bit of a bounce over the last couple of months. These are less economically sensitive companies that people have gone to hide in while pulling back on more economically sensitive companies. From a sector perspective, there are better places to be. He would prefer to be in media such as Comcast (CMCSA-Q) or CBS (CBS-N). Dividend yield of 4.7%.


Price: $60.930
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: Unknown
2017-04-19 COMMENT BCE Inc.
BCE-T
Bruce Murray

Extremely well-managed and clearly the dominant player in Canada. They’ve done a great job of diversifying into media type businesses. Continuing to increase their dividend. His concern would be that cellular telephone growth is probably largely behind us. Most people are disconnecting their main line. The TV business is under pressure as advertising goes away. He doesn’t think they are in danger, but the future is a little tough. Not a stock that he would own.


Price: $60.930
Subject: LARGE CAP GROWTH & DIVIDENDS
Bias: UNKNOWN
Owned: No
2017-04-19 COMMENT Brookfield Infrastucture Partners
BIP.UN-T
Bruce Murray

This is one where you have to trust management. They have done a great job and will continue to do so. Focused heavily on real estate. If interest rates flatten out, the appreciation of real estate probably finally comes to an end, especially in commercial real estate. Probably a decent investment. You get nice dividends and it will gradually grow.


Price: $51.970
Subject: LARGE CAP GROWTH & DIVIDENDS
Bias: UNKNOWN
Owned: No
2017-04-19 PAST TOP PICK Blackrock Inc.
BLK-N
David Burrows

(A Top Pick April 19/16. Up 7%.) A very straightforward way to invest in investment management and better markets. While he prefers to be an active manager, this is more index focused, but they do have an active ETF business. This will continue to grow. Dividend yield of 2.7%.


Price: $377.100
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: No
2017-04-19 TOP PICK Bayerische Motoren Werke AG
BMW-GR
Bruce Murray

The auto sector is one of the few areas that is cheap. The world has decided that the auto cycle is over, gasoline powered cars are going to disappear, and therefore we don’t need to own these stocks. This is selling at 8X earnings and it is a global luxury brand. Their entire line-up is higher luxury cars. They will make as many electric vehicles as Tesla this year, and have all of the technology. Highly profitable. The one issue is debt. They have €1 billion of debt on a $50 billion market cap, because all the car leases are still done internally. Dividend yield of 4.5% and has been going up 10% per annum. (Analysts’ price target is €86.)


Price: $0.000
Subject: LARGE CAP GROWTH & DIVIDENDS
Bias: UNKNOWN
Owned: Yes
2017-04-19 COMMENT Bank of Nova Scotia
BNS-T
Bruce Murray

A pretty good exposure in Latin America, where the growth rates are higher. Probably a little riskier, but probably will grow a little better. The regulatory environment in Canada has been so good for so long. In his career, all the US banks have gone bankrupt at some point.


Price: $76.350
Subject: LARGE CAP GROWTH & DIVIDENDS
Bias: UNKNOWN
Owned: Unknown
2017-04-19 BUY Carnival Corp.
CCL-N
David Burrows

Carnival Cruise (CCL-N) or Royal Caribbean Cruise (RCL-N)? As a thematic investor, one of the key themes he is interested in is travel and leisure. Both these companies play into that theme, as does Disney (DIS-N). Both are well run companies and global. He would buy either one. Both should grow earnings in the mid-teens, and you could do well in either one.


Price: $58.680
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: No
2017-04-19 TOP PICK Celgene Corp
CELG-Q
Bruce Murray

One of the surest growth stocks out there. They have a product called Revlimid which treats a whole series of blood cancers. The one they have right now is multiple myeloma, and it prolongs people’s lives substantially. They are going to grow revenue 25% over the next 4 years. It is selling at 18X. Thinks it gets close to $200 in the next couple of years. (Analysts’ price target is $143.)


Price: $122.920
Subject: LARGE CAP GROWTH & DIVIDENDS
Bias: UNKNOWN
Owned: Yes
2017-04-19 COMMENT Crescent Point Energy Corp
CPG-T
Bruce Murray

He owns no commodity oil producers. Oil has done well twice during his investment career. It did well when Japan industrialized in the 60s and 70s. Peaked in 1979 at $40 a barrel, and bottomed 18 years later at $8. China came along in 2002 and it started to perk up again. Meanwhile, the Western world is working hard to become more energy efficient and switching to natural gas, which has become abundant. Companies like this do very well when there is peak pricing. It is a high risk/high cost provider, but they do best when prices go up because there is lots of leverage.


Price: $13.730
Subject: LARGE CAP GROWTH & DIVIDENDS
Bias: UNKNOWN
Owned: No
2017-04-19 BUY on WEAKNESS Cisco
CSCO-Q
Bruce Murray

A matured technology company. Their heavy growth days are behind them, but they own the market. They have enough money to go out and develop new products. The problem is that they own this market, so there is not a lot of growth, so they are under the pressure of new technology coming on cheaper. At this price, it is probably fine and you won’t lose money. If it were below $28, he would buy this again.


Price: $32.650
Subject: LARGE CAP GROWTH & DIVIDENDS
Bias: UNKNOWN
Owned: No
2017-04-19 BUY CSX Corp
CSX-Q
Bruce Murray

Hunter Harrison did it at Canadian National, and then Canadian Pacific, so he assumes he would do it with this railway also.


Price: $46.930
Subject: LARGE CAP GROWTH & DIVIDENDS
Bias: UNKNOWN
Owned: No
2017-04-19 HOLD CVS Health Corp
CVS-N
Bruce Murray

This had issues when they became an insurance company and a drugstore. They also went into the UK and bought Boots. The conflict of interest between being a healthcare provider and trying to get people to go to your store has hit it. A solid business and is not going away.


Price: $77.830
Subject: LARGE CAP GROWTH & DIVIDENDS
Bias: UNKNOWN
Owned: No
2017-04-19 COMMENT Walt Disney
DIS-N
Bruce Murray

One of the greatest franchises on the face of the earth. However, it has been struggling with the decline in the TV business. They own ESPN, and there has been a marginal decline in sports viewership in US football. They’ve had some blockbuster movies. Feels the stock has re-based and will do fine from here on in. However, if it stuck its head up, he would probably sell it.


Price: $113.730
Subject: LARGE CAP GROWTH & DIVIDENDS
Bias: UNKNOWN
Owned: Yes
2017-04-19 COMMENT Enbridge
ENB-T
Bruce Murray

This has a nice dividend yield. It just made a huge acquisition of Spectra in the US. They claim to have lots of runway and that dividend growth is going to be 10% per annum. They are going to rebuild the main pipeline that runs from Alberta into Duluth. It is probably a very solid company. If they can deliver the 10% dividend increase, you’ll be fine.


Price: $56.130
Subject: LARGE CAP GROWTH & DIVIDENDS
Bias: UNKNOWN
Owned: Yes
2017-04-19 TOP PICK Facebook
FB-Q
Bruce Murray

$200 billion of business will move from the TV business to the Internet, and this company’s revenues last year were $27 billion, and they are growing at $10 billion a year. The new messenger is damaging all the other messaging apps. This company knows everything about you and can specifically target market you. A no-brainer. (Analysts’ price target is $164.)


Price: $142.270
Subject: LARGE CAP GROWTH & DIVIDENDS
Bias: UNKNOWN
Owned: Yes
2017-04-19 PAST TOP PICK Franco-Nevada Corp.
FNV-T
David Burrows

(A Top Pick April 19/16. Up 7%.) He is not a big gold bug, and not overly bullish on the gold sector, but what is good about this company is that they are a financier, really the “financier of last resort”. When the market isn’t interested in small companies, they’ll go in and buy a royalty stream.


Price: $92.890
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: Yes
2017-04-19 PARTIAL BUY Gilead Sciences Inc.
GILD-Q
Bruce Murray

One of the most controversial names in healthcare in the US. They have cured hepatitis C. Insurance companies in the US will only pay for the treatment if you have proof that you have hepatitis C. There is a lot of untreated hepatitis C still out there. Amgen as a competitive product that is almost as good. This is only trading at 6 or 7 times earnings and is probably pretty safe here. He would average into this.


Price: $66.280
Subject: LARGE CAP GROWTH & DIVIDENDS
Bias: UNKNOWN
Owned: Yes
2017-04-19 BUY Alphabet Inc. (A)
GOOGL-Q
David Burrows

One of the most important themes in this market are the big Internet content companies. The things they have going on in this business are quite remarkable, not to mention their key businesses which are doing remarkably well. This is a theme that investors have to be invested in.


Price: $856.510
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: Yes
2017-04-19 PAST TOP PICK Alphabet Inc. (A)
GOOGL-Q
Bruce Murray

(A Top Pick May 13/16. Up 18%.) This is 6% of his portfolio and will remain his biggest holding. There’s $200 billion of advertising that is going to move from old media, mainly TV, to the Internet over the next few years. This is not that expensive. This is still a Buy.


Price: $856.510
Subject: LARGE CAP GROWTH & DIVIDENDS
Bias: UNKNOWN
Owned: Yes
2017-04-19 PAST TOP PICK Honeywell International
HON-N
David Burrows

(A Top Pick April 19/16. Up 9%.) He continues to like industrials. If he had to pick 4 themes, he would pick technology, industrial, financial and consumer discretionary. The US spent less last year on capital spending than in any year in 85 years, but it is picking up. With better small business optimism, there is money getting spent on capital spending, outside of the energy industry. This company is at the centre of the Internet of Things (loT) in creating connected devices and measurement devices in the manufacturing processes. It should continue to do well.


Price: $122.740
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: No
2017-04-19 TOP PICK Ingersoll-Rand Co
IR-N
David Burrows

Capital spending in the US is set to rise. 85% of their business is environmental control. HVAC systems are being put in or being replaced in commercial buildings. If there is an infrastructure spend on schools and hospitals, that is a big spend. Their compressor systems are used in construction sites. Dividend yield of 1.95%. (Analysts’ price target is $85.50.)


Price: $81.850
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: Yes
2017-04-19 COMMENT Johnson & Johnson
JNJ-N
Bruce Murray

One of these great franchise stocks. It is so big, that it is dominant in quite a number of categories. You are going to make 5%-6% per annum over the long term. It is a bond substitute. A fine stock to just Buy and hold forever. You are probably not going to make substantial returns, but you can sleep at night.


Price: $121.370
Subject: LARGE CAP GROWTH & DIVIDENDS
Bias: UNKNOWN
Owned: Unknown
2017-04-19 BUY Lumentum Holdings
LITE-Q
David Burrows

He really likes the fibre networking space, and this company sells components into that area. This has pulled back in the last couple of weeks as some of the more economically sensitives have pulled back.


Price: $42.950
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: Yes
2017-04-19 COMMENT Lithium X Energy Corp
LIX-X
David Burrows

Hasn’t spent a lot of time looking at this, however, he is an investor in lithium, which is a big beneficiary of what is happening with the proliferation of batteries. Owns Albemarle (ALB-N), which is trading at new all-time highs. Also, owns the ETF Global X Lithium (LIT-N).


Price: $1.790
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: No
2017-04-19 PAST TOP PICK Mastercard Inc.
MA-N
Bruce Murray

(A Top Pick May 13/16. Up 19%.) His current target price is about $130. Whether it is MasterCard or Visa, the world is going cashless. He will continue to hold a 4% position in this.


Price: $112.290
Subject: LARGE CAP GROWTH & DIVIDENDS
Bias: UNKNOWN
Owned: Yes
2017-04-19 PAST TOP PICK Medtronic Inc
MDT-N
Bruce Murray

(A Top Pick May 13/16. Up 2%.) The leading medical device company. He owns it because they have a plethora of products right across the range. They had a bit of an earnings hit in the 3rd quarter, and he bought more. He has a $92 target on this.


Price: $80.320
Subject: LARGE CAP GROWTH & DIVIDENDS
Bias: UNKNOWN
Owned: Yes
2017-04-19 COMMENT Methanex Corp
MX-T
David Burrows

A business that generates cash. An activist is getting involved, and hopefully some good things can come for shareholders. It has had a pretty good run from $33 to about $70, pulling back from there. He really likes material companies in some areas. Prefers materials in the area of building and construction right now as he thinks there is going to be a lot of infrastructure build. This one is behaving well.


Price: $62.010
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: Unknown
2017-04-19 BUY Oclaro
OCLR-Q
David Burrows

He really likes the fibre networking space, and this company sells components into that area. If he had to choose today, he would probably choose Lumentum Holdings (LITE-Q) which is also in the component space. Both can do well. Both have pulled back in the last couple of weeks as some of the more economically sensitives have pulled back.


Price: $8.470
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: Yes
2017-04-19 BUY Pfizer Inc
PFE-N
Bruce Murray

Yield is about 4% and the stock is selling at about $33, so he sees a skinny into the low $40’s. They’ve struggled for the last 2 years because blockbuster drugs have come off patent, but they are using financial engineering to continue to push the company forward. Have made several acquisitions of new and upcoming companies with some very interesting drugs. A very low risk way of playing the healthcare industry. There is more upside than downside.


Price: $33.610
Subject: LARGE CAP GROWTH & DIVIDENDS
Bias: UNKNOWN
Owned: Yes
2017-04-19 COMMENT Polaris Infrastructure
PIF-T
David Burrows

Geothermal energy. They punch holes in the ground down to hot water and steam, and send it up through a power plant. Producing about 70 MW of power, which is supposed to grow over time. This is a cash flow investment. Once they set up the facilities, they should run and generate cash. It will be a dividend play over time. Based in Nicaragua, which apparently has pretty good laws. Probably not a huge growth stock.


Price: $14.300
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: Yes
2017-04-19 COMMENT Power Corp
POW-T
David Burrows

A business that gets revenue stream from multiple operating businesses. Not a rocket ship, just a slow steady performer. In financials, he would prefer focusing on US banks and capital market companies like Morgan Stanley (MS-N). They will give you better returns going forward. (See Top Picks.)


Price: $30.720
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: No
2017-04-19 BUY Royal Caribbean Cruises
RCL-N
David Burrows

Carnival Cruise (CCL-N) or Royal Caribbean Cruise (RCL-N)? As a thematic investor, one of the key themes he is interested in is travel and leisure. Both these companies play into that theme, as does Disney (DIS-N). Both are well run companies and global. He would buy either one. Both should grow earnings in the mid-teens, and you could do well in either one.


Price: $95.910
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: No
2017-04-19 BUY Shopify Inc.
SHOP-T
David Burrows

One of the most transformational themes is internet commerce, and this is right in the middle of it. They provide the plumbing to all kinds of small and medium-sized web-based retailers, and continue to grow. The pie is growing very rapidly and they have a very dominant space in it. People continue to underestimate the transition we are going through and the way people do business. Ideally you want to get a combination of 2 things in a growth stock. Growth in earnings and revenue, and expansion in the multiples investors are prepared to pay as they continue to execute. This company is doing that. (See Top Picks.)


Price: $97.790
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: Yes
2017-04-19 COMMENT Sun Life Financial Inc
SLF-T
David Burrows

Financials are a theme we are going to be focused on for the next number of years. Insurance, banking and investment dealers all do well when long-term rates are rising. We turned a long-term corner on interest rates at the beginning of last year, and reversed a 30-year trend to lower rates. This is not going to be a straight line. You own this because you like their asset management and wealth management businesses. In the last couple of months, long term rates have pulled back a little, so the whole insurance sector has been under some pressure. He prefers Manulife (MFC-T) from a technical perspective, as well as some US companies. However, you should do well with the whole group.


Price: $47.120
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: No
Showing 121 to 180 of 163,623 entries
<< < 1 2 3 4 5 > >>