Stockchase Daily News RSS The Days Comments by Experts http://stockchase.com/ en A Comment -- General Comments From an Expert <p><span style="color: #ff0000;"><strong>Markets.&nbsp;</strong></span> An Italian bank is purchasing for one Euro two Italian regional lenders that were being bailed out, and are now being wound up.&nbsp; This is the continuation of &lsquo;too big to fail&rsquo;.&nbsp; The government is not doing a good enough job of regulating the banks there.&nbsp; This is going to be troubling for decades to come.&nbsp; If interest rates go up marginally, you see purchasing coming down.&nbsp; At the end of the day, fixed income is a safe place to put your money.&nbsp; There are doubts that Trump can ever cut corporate tax rates all the way to 15%.&nbsp; This will affect small cap US stocks, which would have benefited tremendously from a big tax cut.&nbsp; That makes the Russell 2000 index the most expensive in the world, so he is short that index.&nbsp;</p> http://stockchase.com/opinions/view/172931 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172931 BMO Emerging Mkts Bond Hedged CAD <p><span style="color: #ff0000;"><strong>ZEF-T vs. ZHY-T.&nbsp;</strong></span> The question is credit risk.&nbsp; You have emerging market risk with ZEF-T and so you get extra yield.&nbsp; When you do the correlation of the higher yield, they trade more like an equity than a bond.&nbsp; ZEF-T is an equity type risk, where as ZHY-T is more like fixed income.&nbsp; He does not think it is the time to step into either of these.</p> http://stockchase.com/opinions/view/172932 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172932 BMO HighYield Corp Bond US Hedge to CAD ETF <p><span style="color: #ff0000;"><strong>ZEF-T vs. ZHY-T.&nbsp;</strong> </span>The question is credit risk.&nbsp; You have emerging market risk with ZEF-T and so you get extra yield.&nbsp; When you do the correlation of the higher yield, they trade more like an equity than a bond.&nbsp; ZEF-T is an equity type risk, where as ZHY-T is more like fixed income.&nbsp; He does not think it is the time to step into either of these.</p> http://stockchase.com/opinions/view/172933 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172933 Canadian Natural Rsrcs <p>Energy is his biggest weight in his portfolios and has been for a couple of weeks.&nbsp; We are at the lower end of the oil price range.&nbsp; CNQ-T has held up well over the last 5 years.&nbsp; He does not see the tail risk currently.&nbsp; You want to buy a quarter or a third into a position and do so on weakness.</p> http://stockchase.com/opinions/view/172934 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172934 Toronto Dominion <p>The Canadian market has come off about 5% from the highs.&nbsp; This is why the banks are off from earlier in the year.&nbsp; There is definitely risk around real estate and the Canadian economy.&nbsp; Banks are much more attractive at the level they were at about the time of the Trump election and there is a risk they will go there again.</p> http://stockchase.com/opinions/view/172935 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172935 BMO Covered Call Utilities ETF <p>80% Canada / 20% US.&nbsp; It is not a fixed income replacement.&nbsp; He is not adding to his holding right now.&nbsp; He loves it as a yield play and would add more if we sold off more aggressively.&nbsp; He has half a position.</p> http://stockchase.com/opinions/view/172936 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172936 Callidus Capital Corp <p>It is specialty financing so they get caught up in the whole HCG-T space.&nbsp; CBL-T is in a corporate mess.&nbsp; You have to wait for the dust to settle.&nbsp; When there is something this acute, the chart and technical analysis are not useful.</p> http://stockchase.com/opinions/view/172937 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172937 PowerShares Canadian Dividend Index ETF <p>Canadian dividend index.&nbsp; You have big exposure to banks and insurance.&nbsp; It is a fine, diversified mix, and fine as long as we don&rsquo;t get a pull back in any of the names.&nbsp; He would have preferred a covered call overlay (e.g. ZWC-T).</p> http://stockchase.com/opinions/view/172938 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172938 Teck Resources Ltd. (B) <p>Steel stocks have been beaten up and he plays it through an ETF.&nbsp; You have Met. coal in TECK.B-T and so he thinks there is downside potential.&nbsp; He would sell into rallies.</p> http://stockchase.com/opinions/view/172939 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172939 A Comment -- General Comments From an Expert <p><span style="color: #ff0000;"><strong>Educational Segment.&nbsp; Robots.</strong></span>&nbsp; A lot of boring jobs were replaced by computers and so a lot of jobs have gone away.&nbsp; Amazon is breaking every space.&nbsp; They could have cost a million jobs by now.&nbsp; They are only going to get bigger and bigger in this space.&nbsp; He feels there will be social problems coming.&nbsp; From the mid-70s to today, the bottom 50% of people have seen no real growth in their incomes.&nbsp; The next 40% have seen only a marginal growth.&nbsp; The top 10% are all doing well.&nbsp; BOTZ-Q and ROBO-Q are ETFs for robots and they have outperformed the world.&nbsp; He will love them once we get a market correction.</p> http://stockchase.com/opinions/view/172940 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172940 A Comment -- General Comments From an Expert <p><span style="color: #ff0000;"><strong>Markets.</strong> </span>Stocks aren&rsquo;t cheap, but where else are investors going to invest.&nbsp; It is more and more of a stock picker&rsquo;s market.&nbsp; It will be tough for Trump to accelerate US growth to 4%.&nbsp; Canada is doing far better.&nbsp; Stimulus spending and tax cuts are temporary.&nbsp; We are probably in low inflation for the rest of our lives.&nbsp; There is a lot of government debt.&nbsp; There is too much stuff in the world and not enough people to buy it all.&nbsp; He feels tech specialty companies are the way to go.&nbsp; We are running out of tech names in Canada, however.</p> http://stockchase.com/opinions/view/172941 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172941 DHX Media <p>He follows it closely for the children&rsquo;s content space.&nbsp; They did a great job of monetizing content.&nbsp; They have been on an acquisition binge and have to keep acquiring content to keep the ball rolling.&nbsp; They have quite a bit of debt and have to pay that down quickly.&nbsp; The stock has come down a lot and it is coming close to a buy.</p> http://stockchase.com/opinions/view/172942 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172942 Corus Entertainment (B) <p>They are coming out with results today or tomorrow.&nbsp; He feels the next couple of quarters will show some growth, in which case it is very undervalued.&nbsp; The advertising revenue should start to go up.&nbsp; The high yield is sustainable and is not a warning sign.&nbsp; There should be some really good upside here.</p> http://stockchase.com/opinions/view/172943 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172943 Napec Inc <p>They had very good results last quarter, but it is still a &lsquo;show me&rsquo; story to a lot of people. There are big investors accumulating in the name. If management delivers on promises the stock price should go a lot higher.</p> http://stockchase.com/opinions/view/172944 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172944 Pembina Pipeline Corp <p>VSN-T was a natural one to get acquired.&nbsp; He is going to hang on to the stock he gets in the deal.</p> http://stockchase.com/opinions/view/172945 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172945 Gibson Energy <p>They are more transportation than pipeline.&nbsp; It is a little riskier.&nbsp; The dividend is safe, but the growth is a little more challenged.</p> http://stockchase.com/opinions/view/172946 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172946 Input Capital Corp <p>Management are really sharp guys.&nbsp; Canola prices have remained quite stable for some time.&nbsp; This is early days for this company.&nbsp; They are barely scratching the surface with all the farmers out West.&nbsp; This is the time to buy if you want an agricultural stock.</p> http://stockchase.com/opinions/view/172947 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172947 Emera Inc <p>It is a really defensive name with a great yield.&nbsp; They are a really diversified power producer in the North East US and Eastern Canada.&nbsp; They should be able to grow the dividend over the next year.&nbsp; It is a really well managed company.</p> http://stockchase.com/opinions/view/172948 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172948 Russel Metals <p>He owns bonds of this company.&nbsp; It is a very cyclical stock.&nbsp; They have cut the dividend before and will again if need be.&nbsp; It is going to be a volatile stock, but it is a very well managed company.</p> http://stockchase.com/opinions/view/172949 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172949 D-Box Technologies <p><span style="color: #ff0000;"><strong>(Top Pick Jun 29/16, Down 52.23%)</strong> </span>They just had a great quarter, but the backlog went way down in the commercial movie theatre side. The backlog is now way up.&nbsp; The year was disappointing, however.&nbsp; Growth is enormous for them now.</p> http://stockchase.com/opinions/view/172950 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172950 Sandvine Corp. <p><span style="color: #ff0000;"><strong>(Top Pick Jun 29/16, Up 53.61%)</strong></span> They are being taken out.&nbsp; He thinks it is worth substantially more, however.&nbsp; It is extremely profitable with high margins.&nbsp; He thinks a higher bid will come in.</p> http://stockchase.com/opinions/view/172951 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172951 Badger Daylighting <p><span style="color: #ff0000;"><strong>(Top Pick Jun 29/16, Up 14.70%)</strong> </span>He thinks manipulation is going on.&nbsp; You should load up the truck on it.&nbsp; This is a great business.&nbsp; They are growing profitably in the US.</p> http://stockchase.com/opinions/view/172952 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172952 Stella-Jones Inc. <p>They are mostly railway ties and utility poles.&nbsp; They will not be greatly impacted by additional infrastructure spending.&nbsp; They will benefit from the replacement cycle.&nbsp; It is not cheap.&nbsp; He was looking to get back in in the mid-$30s, but never did.&nbsp; It is well managed and their acquisitions were very accretive.&nbsp; There has been a slowdown in the sector and some margin pressure due to inventory builds.</p> http://stockchase.com/opinions/view/172953 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172953 Cargojet Inc <p>They have high barriers to entry.&nbsp; It is a virtual pipeline in the sky.&nbsp; The stock is quite pricey now, however.</p> http://stockchase.com/opinions/view/172954 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172954 Andrew Peller <p>It got ahead of itself.&nbsp; He is buying it at these levels and it is one of his biggest positions.&nbsp; Wine is the fastest growing beverage in Canada.&nbsp; It is a very good business and very well managed.&nbsp; It is a good time to get in.&nbsp; Their kits for home winemaking is a very good business.</p> http://stockchase.com/opinions/view/172955 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172955 BlackBerry <p>They are in fast decline and some of the new businesses they want to get into have no guarantee of making up for the declining business.&nbsp; It is a tech stock, is very uncertain and is too risky.</p> http://stockchase.com/opinions/view/172956 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172956 Alimentation Couche-Tard (B) <p>It is a great success story.&nbsp; They have done a good job of consolidating the industry on a global basis.&nbsp; There is not a lot of organic growth and gasoline margins are very thin.&nbsp; 30-40% of sales are from tobacco so he has an ethical problem with it.&nbsp; They have benefited from other retail not selling tobacco.&nbsp; It is not an attractive business, nor is it attractively priced.</p> http://stockchase.com/opinions/view/172957 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172957 Algonquin Power & Utilities Corp <p>It is the renewable energy space and power/water utilities so only one side of the business is regulated.&nbsp; There are a lot more acquisitions yet to come.&nbsp; The dividend will continue to grow and there are organic growth prospects.&nbsp; It is a little pricey so buy it on dips.&nbsp;</p> http://stockchase.com/opinions/view/172958 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172958 Savaria Corp <p>One of his biggest positions.&nbsp; They have done well in terms of growing their business organically.&nbsp; They make mobility aids.&nbsp; They acquired a company in the US that makes mattresses for institutions.&nbsp; Management have done a good job of growing SIS-T organically, but now are making a very opportune acquisition in the US.&nbsp; The stock is not cheap, but the demographics are blowing a huge tailwind into it.</p> http://stockchase.com/opinions/view/172959 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172959 Shopify Inc. <p>It is one of those stocks he would not normally be able to buy because the valuation is so high based on earnings today.&nbsp; They are continually investing in growth.&nbsp; They cater to small to mid-sized businesses.&nbsp; They have to keep marketing.&nbsp; They are trying to go up-market to larger corporations.&nbsp; It is nosebleed valuation.&nbsp;</p> http://stockchase.com/opinions/view/172960 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172960 A Comment -- General Comments From an Expert <p>Fixed income is very tough.&nbsp; You are earning next to nothing on government bonds.&nbsp; He focuses on high yield, but keeps getting the companies redeeming them early.&nbsp; He was picking away on beaten up preferred shares.&nbsp; He suggests keeping your duration very short.</p> http://stockchase.com/opinions/view/172961 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172961 K-Bro Linen Inc <p>Canadian leader in linen services to hotels and hospitals.&nbsp; There are high barriers to entry into the industry and they have limited competition.&nbsp; It is a duopoly in Canada.&nbsp; They have high margins and good cash flow.&nbsp; It has pulled back in the last year because they are in a large cap-x program.&nbsp; It is better valued now considering the future benefit of the cap-x program.&nbsp; Demographics are behind them.&nbsp; They have long term contracts with very high renewal rates.&nbsp; <em>(Analysts&rsquo; target: $43.50).</em></p> http://stockchase.com/opinions/view/172962 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172962 Equitable Group <p>It was caught up in the HCG-T issues.&nbsp; The short sellers started pouncing on these players.&nbsp; They secured loans at very low interest rates.&nbsp; They pre-empted potential contagion in the industry. They are getting so much new business that they can cherry pick their new customers.&nbsp; It is trading just above book.&nbsp; <em>(Analysts&rsquo; target: $62.00).</em></p> http://stockchase.com/opinions/view/172963 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172963 Ten Peaks Coffee Co <p>The only one with a chemical free decaffeination process &ndash; the Swiss water method.&nbsp; They are spreading it throughout the world as the chemical process is being banned in more and more countries.&nbsp; He owns about 7.5% of the company as he accumulates it.</p> http://stockchase.com/opinions/view/172964 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172964 A Comment -- General Comments From an Expert <p><span style="color: red; font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"><strong>Market. </strong></span><span style="font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">A number of consumer sentiment indicators along with other broad indicators, peaked about a month ago and have pulled back slightly. Someone suggested that they have in fact peaked and are now in for a decline, a forerunner of a major economic slowdown, followed by a recession. If this is the case, you could look for a 5%-10% market correction. Given the severity of the recession in 2007-2008 and given debt levels, the recovery is going to take quite a bit longer than normal. He thinks we have another couple of years of 2% growth plus/minus, which is disappointing. However, he expects these pullbacks will be nothing more than short-term blips.</span></p> http://stockchase.com/opinions/view/172965 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172965 Canadian National R.R. <p><span style="font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">This has had quite a run and wouldn&rsquo;t buy it at this time. All the rails are expensive. He would like to see this pull back at least 5%-8%. </span></p> http://stockchase.com/opinions/view/172966 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172966 Defiance Silver Corporation <p><span style="font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">A silver play in Mexico, one of the last great potential silver discoveries, i.e., an extension of the vein in terms of the length, width and depth. A great play and a good speculation.</span></p> http://stockchase.com/opinions/view/172967 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172967 Crescent Point Energy Corp <p><span style="font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">He can&rsquo;t see this or any other major oil companies turning around, until there is a better resolution on oil prices. However, it is so cheap at this point that he would think it is a take-out candidate at some time. It has just become too cheap.</span></p> http://stockchase.com/opinions/view/172968 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172968 Enbridge <p><span style="font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">One of the major players in the North American energy field, and will become more so with the closing of the Spectra deal. Incredibly cheap. The company feels their dividends can be grown at 10% per year.</span></p> http://stockchase.com/opinions/view/172969 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172969 Central Fund of Canada Ltd (A) <p><span style="font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">He likes gold, and this is a very easy way to play bullion, both silver and gold. Unlike some of the US ETF&rsquo;s, where there was a question mark about security of delivery, this company&rsquo;s funds are stored at King and Bay, and is not lent out. A very conservative way to play bullion.</span></p> http://stockchase.com/opinions/view/172970 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172970 Americas Silver Corp <p><span style="font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">The main focus of their property is in Mexico. The initial ore body ran out, and they are now putting another one into production. There are a number of ample opportunities in that whole area, so there could be an expansion in that part of the holding. They also have a property in Idaho, which basically has a 10-year reserve life, as well as a new holding in Mexico.</span></p> http://stockchase.com/opinions/view/172971 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172971 Goldcorp Inc <p><span style="font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">This would be a good choice. A 2<sup>nd</sup> one would be Agnico Eagle (AEM-T). </span></p> http://stockchase.com/opinions/view/172972 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172972 Scorpio Gold Corp. <p><span style="font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">He would advise viewers to go to this company&rsquo;s website and looking at the management discussion, which you might find interesting.</span></p> http://stockchase.com/opinions/view/172973 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172973 Agrium <p><span style="color: red; font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"><strong>(A Top Pick June 27/16. Up 9.95%.)</strong></span><span style="font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"> The long-term case is that the world needs more food, and to maximize production, you need fertilizer. They have a great retail business which continues to grow. He wouldn&rsquo;t be inclined to own it here because they are going to merge with Potash (POT-T), which will make them a major player in potash which, in the short term, creates quite a few questions. He would avoid this here.</span></p> http://stockchase.com/opinions/view/172974 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172974 Home Depot <p><span style="color: red; font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"><strong>(A Top Pick June 27/16. Up 24.19%.)</strong></span><span style="font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"> He still likes this and it is still a Buy for a long-term buyer.</span></p> http://stockchase.com/opinions/view/172975 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172975 Royal Bank <p><span style="color: #ff0000;"><strong>(A Top Pick June 27/16. Up 29.82%.)</strong></span> One of his 3 favourites along with Bank of Montr&eacute;al (BMO-T) and Toronto Dominion (TD-T). This is one that you can buy here and hold it happily. <span style="color: #ff0000;"><strong>(See Top Picks.)</strong></span></p> http://stockchase.com/opinions/view/172976 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172976 A Comment -- General Comments From an Expert <p><span style="color: red; font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"><strong>Royalty companies, large cap golds or intermediate golds over the next 3 years? </strong></span><span style="font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">If he had to own a gold security, it would be Central Fund (CAF.A-T) or a Gold bullion fund. Over the next 3-10 years, a number of things will happen. First of all, it is insurance against a major disaster. Secondly, inflation is not a factor right now, but should it reignite, this gives you some insurance. Finally, there is going to be a day of reckoning because a lot of companies will not be able to meet their pension fund liabilities, and there could be quite an upset in International circles and gold is a protection against that. If he had to pick 2 companies, the 1<sup>st</sup> would be Goldcorp (G-T) and the 2<sup>nd</sup> would be Agnico-Eagle (AEM-T).</span></p> http://stockchase.com/opinions/view/172977 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172977 A Comment -- General Comments From an Expert <p><span style="color: red; font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"><strong>Sectors you would avoid?</strong></span><span style="font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"> Very early he learned to avoid commodity stocks. Doesn&rsquo;t think the world needs another hamburger stand or fast food outlet. He has never liked airlines, because they are always subject to uncertainties and price wars. On the other hand, US defence stocks are a natural, and he has looked at General Dynamics (GD-N), Huntington Ingalls (HII-N) for space weapons and defence and Raytheon (RTN-N).</span></p> http://stockchase.com/opinions/view/172978 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172978 Apple <p><span style="font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">A stock that, subject to your view of the market and your price parameters, you could own. You know for certain that this company is going to continue to be an innovator in a number of different areas.</span></p> http://stockchase.com/opinions/view/172979 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172979 A Comment -- General Comments From an Expert <p><span style="color: red; font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"><strong>A robotics stock for growth? </strong></span><span style="font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">He doesn&rsquo;t own any at this time. One that he does favour is an ETF Robo-Global and Automation (ROBO-Q). He likes that it has 35 or 40 different robotic companies, but most of them are Japanese or foreign. He likes Rockwell Automation (ROK-N), but it is just a tad too high. If this had a 5% pullback, he would be buying it big time.</span></p> http://stockchase.com/opinions/view/172980 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172980 Power Financial Corp <p><span style="font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">Had owned this in the past and likes it. It holds Great West Life (GWO-T) and Investors Group, so it has some European participation. A great way to play these 2 stocks plus Europe at a discount. Expects there will be continuing dividend growth.</span></p> http://stockchase.com/opinions/view/172981 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172981 Sun Life Financial Inc <p><span style="font-family: 'Times New Roman',serif; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">Prefers Manulife (MFC-T), although the earnings are not terribly different, but Manulife is somewhat cheaper, and also is very well-placed to benefit from the growth in Asia.</span></p> http://stockchase.com/opinions/view/172982 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172982 Xylem Inc. <p>This is water. Given the rise in world temperatures, and given the droughts in specific areas, water is going to be in a major scarcity mode. This company is a major player in that area. They are a very socially responsible company and recognize the problems, and are pouring more and more money into R&amp;D. They are basically working with their customers in a broad range of water usage. They have a global orientation. Trading at 23.5X this year&rsquo;s earnings which is somewhat expensive, but he is seeing consistent double-digit growth. Dividend yield of 1.3%. <em>(Analysts&rsquo; price target is $55.)</em></p> http://stockchase.com/opinions/view/172983 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172983 Toronto Dominion <p>He likes their PNC business, the efficient quality of their loans and the efficiency that they are running their affairs. They are very focused on cutting costs and making the whole organization more efficient. The quality of their credit losses is one of the best of the bunch. Also, likes that they can innovate with new marketing, especially in the US. Dividend yield of 3.7%. <em>(Analysts&rsquo; price target is $71.)</em></p> http://stockchase.com/opinions/view/172984 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172984 Inter Pipeline <p>This has been a consistent long-term grower. The reason for its recent poor performance is that most of its business comes from transmission to and from the oil sands, which has been in the doldrums. They also have conventional oil and a gas fracing business as well as storage in the UK. There is tremendous potential of long-term leverage in a pickup in the oil sands business, where they have 50% capacity in their pipelines. They are experimenting with looking at propane dehydration, which will eventually lead to the production of plastic, which could be a major growth business. Dividend yield of 6.5%. <em>(Analysts&rsquo; price target is $30.)</em></p> http://stockchase.com/opinions/view/172985 Mon, 26 Jun 2017 00:00:00 -0400 http://stockchase.com/opinions/view/172985