Norman Levine
Member since: Feb '01
Managing Director at
Portfolio Management Corp
Portfolio Management Corp
4846 Opinions
Latest Top Picks
(A Top Pick Apr 17/19, Down 74%) It has the problem that it has more debt than he would like because of an acquisition. They paid off a good chunk of the debt but there is still some left and they suffer compared to some others. It will look in the future as a super bargain at these levels. Some oil company somewhere in the world will go into bankruptcy. It makes no sense to sell it here.
(A Top Pick Apr 17/19, Down 36%) Late last year it merged and it made them an even bigger presence in the south east US. It has a lot of cost cutting ahead of it. Long term he thinks the prospects are quite good.
(A Top Pick Apr 17/19, Down 8%) All the new intelligent things going on in automotive makes them the biggest beneficiary of all this. He rode it up and then it came back. They are not going to go away. He is happy to own it and would buy on weakness.
It is a utility stock, a pipeline. It distributes to local people in parts of Southern Ontario. It delivers energy products and is being slammed with other energy stocks. He does not find it makes any sense. Today it is yielding 8.5%. In the long run it is going to be good. They raise their dividend every year. (Analysts’ price target is $57.95)
It is not economically sensitive even though the stock is getting hit. It is one of the biggest vaccine manufacturers in the world. They are working on a CoVid19 vaccine and they own an arthritis drug that could be a possible drug for treatment of CoVid19. (Analysts’ price target is $56.93)
Signal
Opinion
Expert
Chart
HOLD
HOLD
November 8, 2019
With interest rates being low, the utility space has been a magnet for money. The valuations are not cheap, but the dividend yield still looks attractive to savings rates. They reported earnings as being a little lower due to hurricane Dorian. He continues to hold it. It is not a bargain here though.
Show full opinionHide full opinion
With interest rates being low, the utility space has been a magnet for money. The valuations are not cheap, but the dividend yield still looks attractive to savings rates. They reported earnings as being a little lower due to hurricane Dorian. He continues to hold it. It is not a bargain here though.
mngmnt/diversified
BUY
BUY
November 8, 2019
Global auto makers are behaving better right now and the Japanese market is improving. He would support an investor buying here.
Show full opinionHide full opinionGlobal auto makers are behaving better right now and the Japanese market is improving. He would support an investor buying here.
Automotive
COMMENT
COMMENT
November 8, 2019
Gold miners? You only want to own commodities when their price is doing well. Gold prices are doing well. The problem with miners is that share prices get separated from the commodity prices at times. There are always operational issues. He prefers holding Franco-Nevada as it is a royalty structure and not dependent on a single mine. He thinks gold prices are in a corrective phase, but poised to go higher.
Show full opinionHide full opinionGold miners? You only want to own commodities when their price is doing well. Gold prices are doing well. The problem with miners is that share prices get separated from the commodity prices at times. There are always operational issues. He prefers holding Franco-Nevada as it is a royalty structure and not dependent on a single mine. He thinks gold prices are in a corrective phase, but poised to go higher.
COMMENT
COMMENT
November 8, 2019
Gold miners? You only want to own commodities when their price is doing well. Gold prices are doing well. The problem with miners is that share prices get separated from the commodity prices at times. There are always operational issues. He prefers holding Franco-Nevada as it is a royalty structure and not dependent on a single mine. He thinks gold prices are in a corrective phase, but poised to go higher.
Show full opinionHide full opinionGold miners? You only want to own commodities when their price is doing well. Gold prices are doing well. The problem with miners is that share prices get separated from the commodity prices at times. There are always operational issues. He prefers holding Franco-Nevada as it is a royalty structure and not dependent on a single mine. He thinks gold prices are in a corrective phase, but poised to go higher.
precious metals
WATCH
WATCH
November 8, 2019
Class action suit? He has not heard of any class action suit. Anytime a stock prices falls, lawyers look to take advantage on the opportunity. He thinks they make a great luxury product and it may have been impacted by a slow down in China. A slowdown in off season sales is not an issue. They are diversifying where they sell their product. As a long term investor it will probably do okay. He does not own it for clients. He wants to see what their peak season sales will be to give an opinion. He would wait to see what happens in the months that matter.
Show full opinionHide full opinionClass action suit? He has not heard of any class action suit. Anytime a stock prices falls, lawyers look to take advantage on the opportunity. He thinks they make a great luxury product and it may have been impacted by a slow down in China. A slowdown in off season sales is not an issue. They are diversifying where they sell their product. As a long term investor it will probably do okay. He does not own it for clients. He wants to see what their peak season sales will be to give an opinion. He would wait to see what happens in the months that matter.
clothing
TOP PICK
TOP PICK
November 8, 2019
It has been a long time since they have held a Japanese company. They are near the end of their "patent cliff", when the share price is negatively impacted by patent protection ending. They specialize in new cancer drugs and have a lot of new patents coming forward. Japan and healthcare shares are improving. Yield 2.17% (Analysts’ price target is $19.40)
Show full opinionHide full opinionIt has been a long time since they have held a Japanese company. They are near the end of their "patent cliff", when the share price is negatively impacted by patent protection ending. They specialize in new cancer drugs and have a lot of new patents coming forward. Japan and healthcare shares are improving. Yield 2.17% (Analysts’ price target is $19.40)
Pharma & Healthcare
TOP PICK
TOP PICK
November 8, 2019
He has recommend this before. It is the largest actuator company -- values that move and control fluid flows. They had acquired a bunch of companies that they have been able to digest. They are a low asset holding, high margin business. Yield 1.79% (Analysts’ price target is $4.09)
Show full opinionHide full opinionHe has recommend this before. It is the largest actuator company -- values that move and control fluid flows. They had acquired a bunch of companies that they have been able to digest. They are a low asset holding, high margin business. Yield 1.79% (Analysts’ price target is $4.09)
TOP PICK
TOP PICK
November 8, 2019
A super-regional bank in North Carolina. It is buying/merging with another major player in the US Southeast. During the financial crisis it was in great financial shape. The stock has done well despite a lower interest rate environment. Yield 3.30% (Analysts’ price target is $55.89)
Show full opinionHide full opinionA super-regional bank in North Carolina. It is buying/merging with another major player in the US Southeast. During the financial crisis it was in great financial shape. The stock has done well despite a lower interest rate environment. Yield 3.30% (Analysts’ price target is $55.89)
Financial Services
N/A
N/A
October 7, 2019
Market. Keep some extra cash right now. Investors are being lulled by some false things going on like in the US they keep saying the market hit a new high. Over the last year it has not gone anywhere. With all the uncertainty going on, and earnings not being that great, it is a good time to have some extra cash. He is willing to give up some near term gains in order to hold cash.
Show full opinionHide full opinionMarket. Keep some extra cash right now. Investors are being lulled by some false things going on like in the US they keep saying the market hit a new high. Over the last year it has not gone anywhere. With all the uncertainty going on, and earnings not being that great, it is a good time to have some extra cash. He is willing to give up some near term gains in order to hold cash.
BUY
BUY
October 7, 2019
It's big growth area is in Asia. It has been a terrific performer lately. They have to invest unearned insurance premiums. With interest rates so low people are afraid. But SLF-T is a growing money management firm and that area is doing better. They raise their dividend regularly.
It's big growth area is in Asia. It has been a terrific performer lately. They have to invest unearned insurance premiums. With interest rates so low people are afraid. But SLF-T is a growing money management firm and that area is doing better. They raise their dividend regularly.
insurance
STRONG BUY
STRONG BUY
October 7, 2019
It sells at a reasonable valuation. They run a great company. They buy their rivals and bring them in and increase profitability.
Show full opinionHide full opinionIt sells at a reasonable valuation. They run a great company. They buy their rivals and bring them in and increase profitability.
computer software/processing
WATCH
WATCH
October 7, 2019
They are the second biggest bus manufacturer in North America. They made an excellent acquisition in Britain earlier in the year but had difficulties getting a new plant going, also. It is on his radar and once they get things going and things have turned, this will probably be a good name. He does not believe the dividend is in jeopardy.
Show full opinionHide full opinionThey are the second biggest bus manufacturer in North America. They made an excellent acquisition in Britain earlier in the year but had difficulties getting a new plant going, also. It is on his radar and once they get things going and things have turned, this will probably be a good name. He does not believe the dividend is in jeopardy.
Automotive
HOLD
HOLD
October 7, 2019
Rail stocks have been under pressure because they move the economy's goods and there is a slowdown in manufacturing. In the near term it looks like it could be soft. He thinks it is the best managed and best run railroad in North America.
Show full opinionHide full opinionRail stocks have been under pressure because they move the economy's goods and there is a slowdown in manufacturing. In the near term it looks like it could be soft. He thinks it is the best managed and best run railroad in North America.
Transportation
BUY
BUY
October 7, 2019
It is his recommendation for a utility in a low rate environment. They operate in Nova Scotia, Florida, and some in New Mexico. It has been hitting new highs almost every day. They are benefiting from the search for yield by investors. It is not a bargain stock any longer. You have to be prepared to hold it for a while.
Show full opinionHide full opinionIt is his recommendation for a utility in a low rate environment. They operate in Nova Scotia, Florida, and some in New Mexico. It has been hitting new highs almost every day. They are benefiting from the search for yield by investors. It is not a bargain stock any longer. You have to be prepared to hold it for a while.
mngmnt/diversified
COMMENT
COMMENT
October 7, 2019
It is a family run company and one of the biggest industrial pump manufacturers in the world, but have treaded water and gone sideways. This partly because it is a small to medium cap stock and a good part of the their business services the oil and gas industry. The company is very well run and they show good growth prospects. The market may latch onto this stock in the trend from growth to value.
Show full opinionHide full opinionIt is a family run company and one of the biggest industrial pump manufacturers in the world, but have treaded water and gone sideways. This partly because it is a small to medium cap stock and a good part of the their business services the oil and gas industry. The company is very well run and they show good growth prospects. The market may latch onto this stock in the trend from growth to value.
Comments
© Stockchase Inc.
Stock saved to your watch list successfully.View Watch List