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Stockchase compiles comments that experts make about stocks every day and helps you review how companies are thought of by investment experts. Sign up to get the latest news by email.

Stocks In The News

Daily Market Highlights

BRP INC.
24/Apr
BRP INC. Laurent Beaudoin stepping down
Caterpillar
24/Apr
Caterpillar raises 2019 profit outlook
Tesla Motors Inc
24/Apr
Tesla Motors Inc bringing back cheaper models
Hasbro Inc
23/Apr
Hasbro Inc reports profit; shares surge
Twitter, Inc
23/Apr
Twitter, Inc up 16% on earnings beat

Latest Stock Opinions and Top Picks from Market Call Guests

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Apr 24
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Apr 24
NORTH AMERICAN - LARGE & ETFs
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Apr 23
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Today's Market Outlook

Wed
Apr 24
Market Outlook In Canada, debt is running at 170% of income with investors. The US is only about 110%. This high household debt level does not leave much room for a family to absorb interest rate hikes. Unless Canadian start earning a lot more in income, he thinks there could be more defaults ahead. This have been build over the past decade. Unfortunately, there is no single government policy to deal with the risk. He thinks investor complacency at high levels, with volatility plummeting. Now another correction is likely coming.
Signal
Opinion
Expert
PARTIAL BUY
PARTIAL BUY
April 24, 2019
He likes how they look, but is not holding it yet. He was happy to see the takeover was blocked and that it is remaining in Canada. The new CEO has a global reach and will be a good asset for when the company bids outside of Canada. The valuation is back down and it has a 3.4% dividend, trading at 16 times earnings. You could start to build a long position here.
Aecon Group Inc (ARE-T)
April 24, 2019
He likes how they look, but is not holding it yet. He was happy to see the takeover was blocked and that it is remaining in Canada. The new CEO has a global reach and will be a good asset for when the company bids outside of Canada. The valuation is back down and it has a 3.4% dividend, trading at 16 times earnings. You could start to build a long position here.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$17.530
Owned
No
COMMENT
COMMENT
April 24, 2019
Climate change impacts? With this company there are several factors -- climate change is one. Low interest rates are more detrimental as premiums collected do not generate as much income. This is probably the biggest challenge in the insurance space. ALL-N is one of the better names in the business.
Allstate (ALL-N)
April 24, 2019
Climate change impacts? With this company there are several factors -- climate change is one. Low interest rates are more detrimental as premiums collected do not generate as much income. This is probably the biggest challenge in the insurance space. ALL-N is one of the better names in the business.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$96.410
Owned
_N/A
HOLD
HOLD
April 24, 2019
This company has its good and its bad. For exposure in oil, this is a defensive holding. It won't correlate to outright oil prices exactly, but it will be more stable if oil prices consolidate. He likes their integrated nature. It you feel oil prices are going higher, you may want to own a producer.
This company has its good and its bad. For exposure in oil, this is a defensive holding. It won't correlate to outright oil prices exactly, but it will be more stable if oil prices consolidate. He likes their integrated nature. It you feel oil prices are going higher, you may want to own a producer.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$44.340
Owned
Yes
HOLD
HOLD
April 24, 2019
This interest rate sensitive utility was hurt hard with rising rates last year. As the Central Bank has reduced fears of further rate increases, these stocks have done well. AQN-T has a good balance between generation and distribution businesses. This makes it have more of a growth profile than other utilities in the space. It trades at 17 times earnings and has a 4.5% yield. He will continue to own it.
This interest rate sensitive utility was hurt hard with rising rates last year. As the Central Bank has reduced fears of further rate increases, these stocks have done well. AQN-T has a good balance between generation and distribution businesses. This makes it have more of a growth profile than other utilities in the space. It trades at 17 times earnings and has a 4.5% yield. He will continue to own it.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$15.330
Owned
Yes
HOLD
HOLD
April 24, 2019
He likes the name and sees it as an anchor in a portfolio. It has a great dividend and low beta with the market. It will be challenged with adding growth, but has been using acquisitions to do it and add new clients. It is definitely a hold. He would never own more than 5% in a portfolio in any equity.
BCE Inc. (BCE-T)
April 24, 2019
He likes the name and sees it as an anchor in a portfolio. It has a great dividend and low beta with the market. It will be challenged with adding growth, but has been using acquisitions to do it and add new clients. It is definitely a hold. He would never own more than 5% in a portfolio in any equity.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$60.020
Owned
Yes
DON'T BUY
DON'T BUY
April 24, 2019
He views this differently in the space, due to its high level of debt. They have made big bets on acquisitions. They have $170 billion in debt -- at some point this will bring risk. Its high dividend is also at risk to a future cut, he feels.
AT&T (T-N)
April 24, 2019
He views this differently in the space, due to its high level of debt. They have made big bets on acquisitions. They have $170 billion in debt -- at some point this will bring risk. Its high dividend is also at risk to a future cut, he feels.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$30.790
Owned
No
DON'T BUY
DON'T BUY
April 24, 2019
He was previously bearish on the name. He does not expect significant price appreciation. The dividend is good. He does not feel the recent share price increase is based on positive actions by management, but rather due to interest rate increases slowing. This is really a yield play.
Enbridge (ENB-T)
April 24, 2019
He was previously bearish on the name. He does not expect significant price appreciation. The dividend is good. He does not feel the recent share price increase is based on positive actions by management, but rather due to interest rate increases slowing. This is really a yield play.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$51.050
Owned
No
PAST TOP PICK
PAST TOP PICK
April 24, 2019
(A Top Pick May 17/18, Down 8%) The HellyHansen acquisition was thought too expensive by the street. Despite their past history of incorporating brands well, he is not concerned it has taken a while to get going. He will continue to hold it.
(A Top Pick May 17/18, Down 8%) The HellyHansen acquisition was thought too expensive by the street. Despite their past history of incorporating brands well, he is not concerned it has taken a while to get going. He will continue to hold it.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$149.760
Owned
Yes
PAST TOP PICK
PAST TOP PICK
April 24, 2019
(A Top Pick May 17/18, Down 9%) A regional bank that he still likes. It is conservatively run and selectively open new locations in the New Jersey area. He will continue to hold it.
(A Top Pick May 17/18, Down 9%) A regional bank that he still likes. It is conservatively run and selectively open new locations in the New Jersey area. He will continue to hold it.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$12.270
Owned
Yes
PAST TOP PICK
PAST TOP PICK
April 24, 2019
(A Top Pick May 17/18, Down 41%) They had challenges that spooked investors. He thinks it is cheap at 9 times earnings and does not feel the dividend of over 5% is at risk. He will continue to hold it. It is cheap here.
(A Top Pick May 17/18, Down 41%) They had challenges that spooked investors. He thinks it is cheap at 9 times earnings and does not feel the dividend of over 5% is at risk. He will continue to hold it. It is cheap here.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$32.040
Owned
Yes