Maket Update : Saudi Oil attack Continues to Loom Over Markets - Sunday’s drone strikes that shut down Saudi Arabia’s oil production continue to haunt markets with investor...
Inmed Pharmaceuticals, Le Chateau Inc. and More Earnings Reports this Week (Sep 16-20) - The stock market reacted positively to a possible easing of tensions between the US and China and for talks...
Suncor Energy Inc, BCE Inc. and 26 Stock Top Picks and 3 ETF (Sep 06-12) - This week there were 26 Stock Top Picks and 3 ETF in a wide range of industries: Financials, ETF, Healthcar...
STOCK PICKS @MARKETCALL
The only website on earth that has documented the stock picks and pans of every single guest
who's appeared on BNN Market Call programs since the year 2000. — The Globe & Mail
Sign up for Stockchase free now.
Join 39,652 investors.
Unlock Premium : This Month's Top Experts Ranking is Out
The monthly Top & Worst Experts ranking based on Top Picks performance is out with our Best Stock Ideas Newsletter which features at least three new stock ideas every month.
For a limited time, get the Stockchase Premium bundle, including the experts rankings and best stock ideas, Capital Compoundres paperback and a LOT more at 55% discount. Take a minute to learn more.
Support Stockchase by endorsing our preferred partners; read our reviews : Questrade Review and Borrowell free Credit Report.
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
 | 17/Sep | Apple
says EU tax order defies reality and common sense
| ||
 | 17/Sep | Chipotle Mexican Grill
adds new menu item
| ||
 | 17/Sep | Sony Corp. ADR
rejects activist’s proposal for spin-off
| ||
 | 17/Sep | Shopify Inc.
expanding its cannabis e-commerce platform
| ||
 | 13/Sep | PG&E Corp
reaches $11 billion settlement
|
Latest Stock Opinions and Top Picks from Market Call Guests
NORTH AMERICAN - LARGE
They converted from an LP to a corporation which attracted a different shareholder base (index funds). This shift spiked their valuation. He owns BAM instead, which shares the same drivers as BX: low yields, pension plans and institutional investors. These stocks are essentially synthetic bonds with assets. Trades at 15x forward distributed earnings. BX is a well-run company in a shareholder-friendly space.read more
A strong performer over the long term, but he's wary of it now. We're starting to see softness in the end markets; TFII is very economically sensitive and economic growth is slowing. Better to buy this when the economy is rebounding. As logistics grow more sophisticated, they have to invest more, and the bigger companies are better suited (can afford) for that investment.read more
A lot of negativity around Amazon isn't specific to Amazon. Rather, the tech companies are coming under scrutiny for anti-trust. He doesn't know how this will play out. He owns Google and MSFT instead, but keep your eye on Amazon, which are so disrupted. Also, their fundamentals keep improving, reinvesting constantly to be disruptive.read more
He likes the US banks and prefers JPM, but they're all hamstrung in what they can do and acquire. They will increase dividends and buyback shares. Earnings growth will come from committing their profits to share buybacks. BAC enjoys quality earnings. Debt is fine. Sinking interest rates will squeeze their margins, but they have other businesses outside lending to offset that.read more
Top Picks
Pays a good 3.5% yield. 60% of profits come from agricultural production and 40% from retail distribution to farmers. After their merger, they've been streamlining operations. Trades at 10x cash flow. Expect good earnings growth and multiple expansion over time. Their retail business gives them stability and makes the yield safe. (Analysts’ price target is $83.06)read more
Sunday’s drone strikes that shut down Saudi Arabia’s oil production continue to haunt markets with investor...
read more
PERSONAL FINANCE & ETFs
Targets 60/40 US/Canadian. Given coming volatility, invest in this or wait for dips? Yes. Though for an RRSP, you have until end-February to invest and get the tax credit. Or you can contribute to cash and invest down the road and still get the tax credit. Generally, yes, invest it or split the investment between ZLB and an American ETF.read more
Europe is in recession already with many countries there in negative interest rates. ZWE is an excellent product, but now is not a good time to get into Europe. He's not talking only about Brexit, but all of Europe. At least the covered call makes you some money as Europe will go sideways, as he predicts.read more
Top Picks
Less than a year old. Doesn't trade a whole lot. It moves from one asset class to the other depending of trend. It's a trend following product. If you think the markets might be in for a choppy ride, this is the kind of product that will allow you to trim the equity exposure if things start going the other way.read more
The stock market reacted positively to a possible easing of tensions between the US and China and for talks...
read more
Premium
TOP PICKS
masked
BIG WIN
masked
HORIZON
masked
NORTH AMERICAN - LARGE & ETFs
Top Picks
This week there were 26 Stock Top Picks and 3 ETF in a wide range of industries: Financials, ETF, Healthcar...
read more
Today's Market Outlook
Christopher Blumas
2019 has been a pretty good year for North American stocks, though there's no shortage of things that have scared people. Investors are bidding up companies that can grow. Watch for market pullbacks, since it's getting harder to find things to buy. Low bond yields are pushing people into buying stocks. Meanwhile, volatility has gone up. Pick your stocks, set a price and jump on them when the pullbacks happen.
More market comments
Market Comments
Signal
Opinion
Expert
COMMENT
COMMENT
September 17, 2019
They converted from an LP to a corporation which attracted a different shareholder base (index funds). This shift spiked their valuation. He owns BAM instead, which shares the same drivers as BX: low yields, pension plans and institutional investors. These stocks are essentially synthetic bonds with assets. Trades at 15x forward distributed earnings. BX is a well-run company in a shareholder-friendly space.
They converted from an LP to a corporation which attracted a different shareholder base (index funds). This shift spiked their valuation. He owns BAM instead, which shares the same drivers as BX: low yields, pension plans and institutional investors. These stocks are essentially synthetic bonds with assets. Trades at 15x forward distributed earnings. BX is a well-run company in a shareholder-friendly space.
DON'T BUY
DON'T BUY
September 17, 2019
A strong performer over the long term, but he's wary of it now. We're starting to see softness in the end markets; TFII is very economically sensitive and economic growth is slowing. Better to buy this when the economy is rebounding. As logistics grow more sophisticated, they have to invest more, and the bigger companies are better suited (can afford) for that investment.
A strong performer over the long term, but he's wary of it now. We're starting to see softness in the end markets; TFII is very economically sensitive and economic growth is slowing. Better to buy this when the economy is rebounding. As logistics grow more sophisticated, they have to invest more, and the bigger companies are better suited (can afford) for that investment.
Christopher Blumas
Vice-President & Portfolio Manager, GlobeInvest Capital Management
$40.570
Unknown
BUY WEAKNESS
BUY WEAKNESS
September 17, 2019
Very well-run with a great balance sheet. All three operating segments are showing strong growth, starting with the cloud. It trades at 25x earnings ex-cash, which is rich. So, wait for a pullback at 22x earnings. They return a lot of capital to shareholders.
Very well-run with a great balance sheet. All three operating segments are showing strong growth, starting with the cloud. It trades at 25x earnings ex-cash, which is rich. So, wait for a pullback at 22x earnings. They return a lot of capital to shareholders.
DON'T BUY
DON'T BUY
September 17, 2019
Red flags: they're shifting away from coal energy--and this will take time--and their dependence on Alberta energy. Instead, buy AQN, which pays a regulated return, though buy on a pullback, and it's done a great job growing. AQN is his favourite in this space.
Red flags: they're shifting away from coal energy--and this will take time--and their dependence on Alberta energy. Instead, buy AQN, which pays a regulated return, though buy on a pullback, and it's done a great job growing. AQN is his favourite in this space.
WEAK BUY
WEAK BUY
September 17, 2019
One of the few gold companies to consider, to create value. Others have destroyed shareholder value. FNV is based on a royalty structure and has done well over time. Problem is the current valuation is now high. (He owns no gold now.) In gold, look at the streamers or hard gold itself.
One of the few gold companies to consider, to create value. Others have destroyed shareholder value. FNV is based on a royalty structure and has done well over time. Problem is the current valuation is now high. (He owns no gold now.) In gold, look at the streamers or hard gold itself.
WATCH
WATCH
September 17, 2019
A lot of negativity around Amazon isn't specific to Amazon. Rather, the tech companies are coming under scrutiny for anti-trust. He doesn't know how this will play out. He owns Google and MSFT instead, but keep your eye on Amazon, which are so disrupted. Also, their fundamentals keep improving, reinvesting constantly to be disruptive.
A lot of negativity around Amazon isn't specific to Amazon. Rather, the tech companies are coming under scrutiny for anti-trust. He doesn't know how this will play out. He owns Google and MSFT instead, but keep your eye on Amazon, which are so disrupted. Also, their fundamentals keep improving, reinvesting constantly to be disruptive.
COMMENT
COMMENT
September 17, 2019
He likes the US banks and prefers JPM, but they're all hamstrung in what they can do and acquire. They will increase dividends and buyback shares. Earnings growth will come from committing their profits to share buybacks. BAC enjoys quality earnings. Debt is fine. Sinking interest rates will squeeze their margins, but they have other businesses outside lending to offset that.
He likes the US banks and prefers JPM, but they're all hamstrung in what they can do and acquire. They will increase dividends and buyback shares. Earnings growth will come from committing their profits to share buybacks. BAC enjoys quality earnings. Debt is fine. Sinking interest rates will squeeze their margins, but they have other businesses outside lending to offset that.
DON'T BUY
DON'T BUY
September 17, 2019
Wait. Don't go near this now. Sure, they enjoyed a huge pop after their Amazon deal. CJT has a near monopoly on overnight air freight in Canada. Their CEO took some money off the table. It's slightly cyclical and risks more competition in the future.
Wait. Don't go near this now. Sure, they enjoyed a huge pop after their Amazon deal. CJT has a near monopoly on overnight air freight in Canada. Their CEO took some money off the table. It's slightly cyclical and risks more competition in the future.
BUY WEAKNESS
BUY WEAKNESS
September 17, 2019
Pays a regulated return, though buy on a pullback, and it's done a great job growing. AQN is his favourite in this space.
Pays a regulated return, though buy on a pullback, and it's done a great job growing. AQN is his favourite in this space.
PAST TOP PICK
PAST TOP PICK
September 17, 2019
(A Top Pick Jul 25/19, Up 7%) He still likes it. Great for income and would buy it today. The only issue is the lack of pipelines in Canada, but in the end there's a fundamental need to move oil across the country.
(A Top Pick Jul 25/19, Up 7%) He still likes it. Great for income and would buy it today. The only issue is the lack of pipelines in Canada, but in the end there's a fundamental need to move oil across the country.
© Stockchase Inc.
1
