Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer at Castlemoore Inc.
Member since: Nov '06 · 1208 Opinions
Rating Card
| All | 
Rating
| 
Big Win
| 
Win
| 
Neutral
| 
Loss
| 
Big Loss
|  |
|---|---|---|---|---|---|---|---|
| 3.74 | 88 32.00% | 59 21.45% | 32 11.64% | 42 15.27% | 54 19.64% | ||
| 1 Month | 3.62 | 6 9.38% | 21 32.81% | 20 31.25% | 14 21.88% | 3 4.69% | |
| 6 Months | 3.67 | 18 28.13% | 13 20.31% | 7 10.94% | 12 18.75% | 14 21.88% | |
| 12 Months | 4 | 25 39.06% | 15 23.44% | 0 0.00% | 11 17.19% | 13 20.31% | |
| 2 Years | 3.93 | 24 45.28% | 7 13.21% | 4 7.55% | 2 3.77% | 16 30.19% | |
| 5 Years | 3.5 | 15 50.00% | 3 10.00% | 1 3.33% | 3 10.00% | 8 26.67% |
Stock Opinions by Jeff Parent B. Eng. FCSI CIM
TOP PICK
He holds it personally and for his clients. He got in at $26.17. He was looking for 5G stocks and the chart looked good. A fairly recent purchase. If it break out above $28, it could go as high as $35. (Analysts’ price target is $29.33)
electrical / electronic
$26.670
Owned
TOP PICK
It pays a good dividend. Yield of 5.31%. It's found a nice base and it's broken out well. If it falls below $55, he would get out. As a utility type company, it is the one dividend paying stock he would own. (Analysts’ price target is $63.35)
telephone utilities
TOP PICK
Missed on earnings in October. He doesn't own it quite yet. It's a good stock that still owns the sector and brings in customers. A defensive stock. If it goes below $191, he would get out. He's looking to buy this in the next couple weeks. (Analysts’ price target is $222.63)
food services
PAST TOP PICK
(A Top Pick Jan 04/19, Up 17%) It was a low point when he recommended it. He switched out of this for VGT, a Vanguard IT ETF. It's more on the hardware than software side. He thinks there are other sections of tech other than internet that could grow this year.
PAST TOP PICK
(A Top Pick Jan 04/19, Up 37%) He recommended it at a low point last year. Today, it moved well. He strictly trades this stock and is not in it right now. However, he has made 30%-50% trading it in the past. He's getting his feet back into energy but he would prefer other names.
oil / gas
PAST TOP PICK
(A Top Pick Jan 04/19, Up 156%) He didn't buy this when he recommended it. He was waiting for a good entry point. An amazing turnaround story. The CEO is brilliant, working on making a higher margin business with CPUs. They are making a lot of money with their new offerings and adding market share. He would consider buying this on weakness.
electrical / electronic
COMMENT
He's expecting a bullish 2020. With high-tech stocks, you could have made around 3-%-40% return for 2019. The results aligns with technical analysis. The economy is doing quite well. There are geopolitical events that flairs up now and then. However, S&P500 is still doing fine.
Unknown
COMMENT
Generally, the market returns around 8% on average per year. Tech hardware stocks could grow. However, the banks in Canada have struggled. With the dividend, it's alright but he is underweight in banks right now.
Unknown
COMMENT
The energy sector seems to have more momentum now. You definitely want to be in oil, natural gas and service side. He's trying to find a bottom right now. It's poor looking right now, but there are still companies that are multi billion dollar companies that will bounce back.
Unknown
WEAK BUY
He would have to look closer at the high dividend and where it's coming from. If it falls below $19, he would get out since that is the bottom. It has good volume and gets picked up when it falls, like in November. You could buy it right now. If it were to go up, it could go to $25 in the short term. It was trading at $50 a year ago. He would consider this for its strong base.
oil / gas
BUY
Fundamentally, it looks very solid. It's the largest company in the US. For it to go up 50%, it's hard to say where it will go next. He would use a tight stop at $30 below the price now, and take that risk. If you want to keep up with the S&P500, you need apple in your portfolio.
electrical / electronic
DON'T BUY
It looks like it's broken out and could go up to $130. He would look into it more on the fundamental side though. Sometimes, companies finds a footing and then loses it, like Blackberry. He would personally stay away from it.
WATCH
There's a big fall in July from $1.38 to $.82. A huge drop of 43%. It bottomed out at $.60 and then moved back to above $1.00. A very volatile stock. It doesn't looks good below $.80.
precious metals
HOLD
It looks good. There is an upward sloping consolidation. He wouldn't add to a position right now. There are other companies that have better looking charts. From a technical perspective, it's not too exciting for him.
0
DON'T BUY
Not a longterm buy-and-hold. It is a trading stock. He would avoid this right now. It's finding a bottom but it looks like it'll stay around where it is right now. There are other resource stocks that have a better base.
Mining
