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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

Molson Coors Canada Inc.
26/Jun
Molson Coors Canada Inc. is getting ready for pot drinks
Tesla Motors Inc
26/Jun
Tesla Motors Inc on track to set an all-time record
Bitcoin hits 17-month high
26/Jun
Bitcoin hits 17-month high
Bombardier Inc (B)
25/Jun
Bombardier Inc (B) sells CRJ jet program to Mitsubishi
Visa Inc.
25/Jun
Visa Inc. to acquire Rambus Payments Portfolio

Latest Stock Opinions and Top Picks from Market Call Guests

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Jun 26
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Jun 26
Global Value & High Yield Bonds
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Jun 25
NORTH AMERICAN - LARGE
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Today's Market Outlook

Wed
Jun 26
Market Outlook The Fed Chairman is moving the thought process away from a 50 point cut. The market reacted negatively as the Fed may now be trying to pour cold water on the market. You should always structure your financial allocation when emotions are not charged to be able to look at thing objectively. Your strategies should not be driven by short term headlines. He thinks the market sentiment is still fearful and thinks investors have actually taken money off the table. Overall, he doesn't view the market as being frothy.
Signal
Opinion
Expert
DON'T BUY
DON'T BUY
June 26, 2019
It has had a number of different chapters. The company has been recovering with same store sales increasing and with a positive outlook for its Chinese operations. The problem is the PE ratio trading in the high 20s, means the stock is always priced to perfection with little room for stumbles. He would look elsewhere.
Starbucks (SBUX-Q)
June 26, 2019
It has had a number of different chapters. The company has been recovering with same store sales increasing and with a positive outlook for its Chinese operations. The problem is the PE ratio trading in the high 20s, means the stock is always priced to perfection with little room for stumbles. He would look elsewhere.
Gordon Reid
President, GoodReid Investment Counsel
Price
$83.380
Owned
No
COMMENT
COMMENT
June 26, 2019
He does not generally buy ETFs. Gold producers have a long history of messing up their own good fortune. There are often operational disconnects between the share price and bullion prices. He would prefer to play gold with GLD-N. He feels doing so creates a good hedge against other asset classes. If we head into recessionary pressures, holding GLD-N could play well. Don't hold more than 5-6% of your portfolio in gold.
He does not generally buy ETFs. Gold producers have a long history of messing up their own good fortune. There are often operational disconnects between the share price and bullion prices. He would prefer to play gold with GLD-N. He feels doing so creates a good hedge against other asset classes. If we head into recessionary pressures, holding GLD-N could play well. Don't hold more than 5-6% of your portfolio in gold.
Gordon Reid
President, GoodReid Investment Counsel
Price
$25.520
Owned
_N/A
COMMENT
COMMENT
June 26, 2019
He does not generally buy ETFs. Gold producers have a long history of messing up their own good fortune. There are often operational disconnects between the share price and bullion prices. He would prefer to play gold with GLD-N. He feels doing so creates a good hedge against other asset classes. If we head into recessionary pressures, holding GLD-N could play well. Don't hold more than 5-6% of your portfolio in gold.
SPDR Gold ETF (GLD-N)
June 26, 2019
He does not generally buy ETFs. Gold producers have a long history of messing up their own good fortune. There are often operational disconnects between the share price and bullion prices. He would prefer to play gold with GLD-N. He feels doing so creates a good hedge against other asset classes. If we head into recessionary pressures, holding GLD-N could play well. Don't hold more than 5-6% of your portfolio in gold.
Gordon Reid
President, GoodReid Investment Counsel
Price
$132.970
Owned
_N/A
HOLD
HOLD
June 26, 2019
Buying when a stock has gone up. Be careful about buying more when a stock has gone up -- that means buying higher, when the value is dropping. How you invest should be like a producer of widgets. Create a business plan and rules based on circumstances and follow them. Specifically, TPC-N has seen its infrastructure projects be negatively impacted by weather delays. Their book to bill is about 3 times -- showing there are a lot projects in the hopper. He expects their earnings to improve over time. He still likes the company.
Tutor Perini (TPC-N)
June 26, 2019
Buying when a stock has gone up. Be careful about buying more when a stock has gone up -- that means buying higher, when the value is dropping. How you invest should be like a producer of widgets. Create a business plan and rules based on circumstances and follow them. Specifically, TPC-N has seen its infrastructure projects be negatively impacted by weather delays. Their book to bill is about 3 times -- showing there are a lot projects in the hopper. He expects their earnings to improve over time. He still likes the company.
Gordon Reid
President, GoodReid Investment Counsel
Price
$12.830
Owned
Unknown
HOLD
HOLD
June 26, 2019
A very steady operator and does not take on a lot of credit risk. The more transactions they put through the more money they make. Last year they accounted for $1.3 trillion in transactions. It is not inexpensive, but you have to pay up for quality.
Visa Inc. (V-N)
June 26, 2019
A very steady operator and does not take on a lot of credit risk. The more transactions they put through the more money they make. Last year they accounted for $1.3 trillion in transactions. It is not inexpensive, but you have to pay up for quality.
Gordon Reid
President, GoodReid Investment Counsel
Price
$171.060
Owned
Yes
HOLD
HOLD
June 26, 2019
He owns this in their small cap portfolio and it has a good long term future. They roll out the engineering wire, cable and fiber to handle 5G projects. Their revenues are lumpy, because there are a limited number of customers right now. They are a fixed cost business, so at times the earnings will vary greatly.
He owns this in their small cap portfolio and it has a good long term future. They roll out the engineering wire, cable and fiber to handle 5G projects. Their revenues are lumpy, because there are a limited number of customers right now. They are a fixed cost business, so at times the earnings will vary greatly.
Gordon Reid
President, GoodReid Investment Counsel
Price
$57.100
Owned
Yes
HOLD
HOLD
June 26, 2019
Write downs caused by Amazon? He holds this in the large cap portfolio. The macro issues surrounding trade issues with China has impacted them. They will no longer be shipping for Amazon, but it was only a couple of percentages points of their business. He is excited about their involvement in e-commerce. Their cost model is highly adjustable to new technology -- like autonomous vehicles. It is trading at the lowest valuation metrics in the past two decades. He thinks this is transitory for the most part.
FedEx (FDX-N)
June 26, 2019
Write downs caused by Amazon? He holds this in the large cap portfolio. The macro issues surrounding trade issues with China has impacted them. They will no longer be shipping for Amazon, but it was only a couple of percentages points of their business. He is excited about their involvement in e-commerce. Their cost model is highly adjustable to new technology -- like autonomous vehicles. It is trading at the lowest valuation metrics in the past two decades. He thinks this is transitory for the most part.
Gordon Reid
President, GoodReid Investment Counsel
Price
$159.920
Owned
Yes
HOLD
HOLD
June 26, 2019
The company has done well growing revenues, cash flow and earnings. They have also reinvigorated their investor base -- meaning a higher PE ratio is the new norm. They have reinvented themselves and are very active in subscription revenues, the cloud and gaming. He does not own it at this time.
Microsoft (MSFT-Q)
June 26, 2019
The company has done well growing revenues, cash flow and earnings. They have also reinvigorated their investor base -- meaning a higher PE ratio is the new norm. They have reinvented themselves and are very active in subscription revenues, the cloud and gaming. He does not own it at this time.
Gordon Reid
President, GoodReid Investment Counsel
Price
$133.930
Owned
No
PAST TOP PICK
PAST TOP PICK
June 26, 2019
(A Top Pick Jun 07/18, Up 23%) It has been an interesting road due to the noise in health insurance and drug pricing. Over 176 million Americans use private healthcare providers, so he thinks it will continue to be successful. It is safe and trades at a reasonable 13-14 times PE ratio.
Anthem Inc (ANTM-N)
June 26, 2019
(A Top Pick Jun 07/18, Up 23%) It has been an interesting road due to the noise in health insurance and drug pricing. Over 176 million Americans use private healthcare providers, so he thinks it will continue to be successful. It is safe and trades at a reasonable 13-14 times PE ratio.
Gordon Reid
President, GoodReid Investment Counsel
Price
$278.840
Owned
Yes
PAST TOP PICK
PAST TOP PICK
June 26, 2019
(A Top Pick Jun 07/18, Down 13%) The former PriceLine company. He still likes this holding. It has been one of the most successful NYSE listing in the past two decades. He originally bought it for under $20 over 15 years ago. The company will make $100 per share this year. It trades at about 18 times earnings, in line with how fast revenues are growing. It continues to expand and has thousands of property listings, including Europe. He would continue to hold it.
(A Top Pick Jun 07/18, Down 13%) The former PriceLine company. He still likes this holding. It has been one of the most successful NYSE listing in the past two decades. He originally bought it for under $20 over 15 years ago. The company will make $100 per share this year. It trades at about 18 times earnings, in line with how fast revenues are growing. It continues to expand and has thousands of property listings, including Europe. He would continue to hold it.
Gordon Reid
President, GoodReid Investment Counsel
Price
$1830.220
Owned
Yes