Opinions by Alex Ruus | StockChase
752
Alex Ruus

Portfolio Manager

ON STOCKCHASE SINCE Nov 2006

Arrow Capital Management

752
Alex Ruus

Portfolio Manager

ON STOCKCHASE SINCE Nov 2006

Arrow Capital Management


Opinions by Alex Ruus


Signal Opinion Expert Chart
N/A
General Market Comment 

November 16, 2017

Market. Overall, it was a very, very strong quarter. Thinks it’s a prelude to a pretty good year to come, and continuation of this grudging bull market we’ve been in. While we are getting a few divergences on the valuation front, which is creating some great opportunities for active managers, overall things are looking very, very good, and he is optimistic going forward. Economically, things are very good. The US central bank is now unwinding the quantitative easing that they’ve had in place for about 5 years. Interest rate increases will probably continue.

Market. Overall, it was a very, very strong quarter. Thinks it’s a prelude to a pretty good year to come, and continuation of this grudging bull market we’ve been in. While we are getting a few divergences on the valuation front, which is creating some great opportunities for active managers, overall things are looking very, very good, and he is optimistic going forward. Economically, things are very good. The US central bank is now unwinding the quantitative easing that they’ve had in place for about 5 years. Interest rate increases will probably continue.

Unknown
Alex Ruus

Portfolio Manager, Arrow Capital Manage...

PricePrice
$0.020
Owned Owned
_N/A

Must be logged in to use chart
N/A
General Market Comment 

November 16, 2017

IPOs? With these, you have to do a lot of homework. There is no background in the public market. For the average retail investor, it is tough. There is also another aspect. It’s the way shares are delved out to people who have asked to get them. The average person is at a disadvantage, as there is a bit of a network among dealers. His general rule is to avoid them.

IPOs? With these, you have to do a lot of homework. There is no background in the public market. For the average retail investor, it is tough. There is also another aspect. It’s the way shares are delved out to people who have asked to get them. The average person is at a disadvantage, as there is a bit of a network among dealers. His general rule is to avoid them.

Unknown
Alex Ruus

Portfolio Manager, Arrow Capital Manage...

PricePrice
$0.020
Owned Owned
_N/A

Must be logged in to use chart
TOP PICK
Anthem Inc(ANTM-N) 

November 16, 2017

A free cash flow machine. Have retired 58% of their outstanding shares in the last decade. The #2 managed care organization, health insurer, in the US. Dividend yield of 1.3%. (Analysts’ price target is $226.)

medical services

A free cash flow machine. Have retired 58% of their outstanding shares in the last decade. The #2 managed care organization, health insurer, in the US. Dividend yield of 1.3%. (Analysts’ price target is $226.)

medical services
Alex Ruus

Portfolio Manager, Arrow Capital Manage...

PricePrice
$220.890
Owned Owned
Yes

Must be logged in to use chart
COMMENT
Arc Resources Ltd(ARX-T) 

November 16, 2017

A well run company. The problem with this and a lot of the Western Canadian E&P’s is that the biggest part of production is natural gas coming out of Western Canada. At times in September, that production was basically worthless. The oil and condensates they are producing is worth quite a bit of money, but gas is almost being given away. The Western Canadian gas market continues to be depressed, and will be for a number of years.

oil/gas

A well run company. The problem with this and a lot of the Western Canadian E&P’s is that the biggest part of production is natural gas coming out of Western Canada. At times in September, that production was basically worthless. The oil and condensates they are producing is worth quite a bit of money, but gas is almost being given away. The Western Canadian gas market continues to be depressed, and will be for a number of years.

oil/gas
Alex Ruus

Portfolio Manager, Arrow Capital Manage...

PricePrice
$16.010
Owned Owned
Unknown

Must be logged in to use chart
HOLD

(Market Call Minute.) A very good manager of multiple funds. They get a flow of inflows from Brookfield’s Limited partnerships.

management/diversified

(Market Call Minute.) A very good manager of multiple funds. They get a flow of inflows from Brookfield’s Limited partnerships.

management/diversified
Alex Ruus

Portfolio Manager, Arrow Capital Manage...

PricePrice
$52.590
Owned Owned
Unknown

Must be logged in to use chart
HOLD
Bonavista Energy Corp(BNP-T) 

November 16, 2017

(Market Call Minute.) A good, solid energy company, but has a bit of a hangover because of its natural gas exposure.

oil/gas

(Market Call Minute.) A good, solid energy company, but has a bit of a hangover because of its natural gas exposure.

oil/gas
Alex Ruus

Portfolio Manager, Arrow Capital Manage...

PricePrice
$2.430
Owned Owned
Unknown

Must be logged in to use chart
HOLD

(Market Call Minute.) A very solid brewer with excellent beer products. If it got down to the mid-$2, he would be a buyer.

breweries/beverages

(Market Call Minute.) A very solid brewer with excellent beer products. If it got down to the mid-$2, he would be a buyer.

breweries/beverages
Alex Ruus

Portfolio Manager, Arrow Capital Manage...

PricePrice
$3.250
Owned Owned
Unknown

Must be logged in to use chart
WAIT
Celgene Corp(CELG-Q) 

November 16, 2017

One of the larger biotech companies. The big drop last month was due to a halt in one of their trials where they were developing what looked like a pretty good drug which would have been a big market. He would stay away for another month or so, but longer-term, it is a pretty good company with a portfolio of good drugs in development and good drugs in the market.

Consumer Products

One of the larger biotech companies. The big drop last month was due to a halt in one of their trials where they were developing what looked like a pretty good drug which would have been a big market. He would stay away for another month or so, but longer-term, it is a pretty good company with a portfolio of good drugs in development and good drugs in the market.

Consumer Products
Alex Ruus

Portfolio Manager, Arrow Capital Manage...

PricePrice
$103.350
Owned Owned
Unknown

Must be logged in to use chart
DON'T BUY
Dollarama Inc.(DOL-T) 

November 16, 2017

Your classic momentum stock. One of the few companies in Canada that has continuous earning beats. Has a good business that continues to grow. It is a really expensive stock. There is a world of investable opportunities out there, and a lot of great companies like this that he would like to own at some point, but you are paying many, many, many future years of profits now at these valuation levels.

Consumer Products

Your classic momentum stock. One of the few companies in Canada that has continuous earning beats. Has a good business that continues to grow. It is a really expensive stock. There is a world of investable opportunities out there, and a lot of great companies like this that he would like to own at some point, but you are paying many, many, many future years of profits now at these valuation levels.

Consumer Products
Alex Ruus

Portfolio Manager, Arrow Capital Manage...

PricePrice
$151.490
Owned Owned
No

Must be logged in to use chart
WAIT
DowDuPont Inc.(DWDP-N) 

November 16, 2017

A lot of the bigger US companies are reflecting a fair bit of good news. This merger entity is a really great company, and over time you will make money with it. He would hold off and wait for a correction. The stock is not cheap.

chemicals

A lot of the bigger US companies are reflecting a fair bit of good news. This merger entity is a really great company, and over time you will make money with it. He would hold off and wait for a correction. The stock is not cheap.

chemicals
Alex Ruus

Portfolio Manager, Arrow Capital Manage...

PricePrice
$70.680
Owned Owned
Unknown

Must be logged in to use chart
PAST TOP PICK

(A Top Pick Feb 21/17. Down 30%.) On a standalone basis going forward, this is a cheap, cheap company. Trading at 9X earnings. Management has been buying stock, which is a very bullish signal. North America’s #1 leading vehicle fleet manager. They provide service for their customers on running their fleets more efficiently. Pays a 3% dividend yield, which is likely going to be increased every year.

(A Top Pick Feb 21/17. Down 30%.) On a standalone basis going forward, this is a cheap, cheap company. Trading at 9X earnings. Management has been buying stock, which is a very bullish signal. North America’s #1 leading vehicle fleet manager. They provide service for their customers on running their fleets more efficiently. Pays a 3% dividend yield, which is likely going to be increased every year.

0
Alex Ruus

Portfolio Manager, Arrow Capital Manage...

PricePrice
$9.660
Owned Owned
Yes

Must be logged in to use chart
DON'T BUY
Exchange Income(EIF-T) 

November 16, 2017

(Market Call Minute.) There are Short reports out there, and he is trying to get his head around as to whether the Shorts have nailed this or not. There are some concerning signals. He would hold off on this.

Transportation & Environmental Services

(Market Call Minute.) There are Short reports out there, and he is trying to get his head around as to whether the Shorts have nailed this or not. There are some concerning signals. He would hold off on this.

Transportation & Environmental Services
Alex Ruus

Portfolio Manager, Arrow Capital Manage...

PricePrice
$34.820
Owned Owned
Unknown

Must be logged in to use chart
HOLD
Enbridge(ENB-T) 

November 16, 2017

One of the world’s largest pipeline companies, and a leader in North America in oil transportation. A great, long term company. Has a fair bit of growth projects coming at them. Part of the issue is debt. People are worried they are going to have to raise more equity. There is a chance we could see an equity issue in the next year. With that overhang, the stock may just be going sideways. At these levels, it looks like reasonable value, but don’t expect much upward movement until there is more clarity. If you already own this, you are probably safe in just sitting tight. Dividend yield of 5.5%.

oil/gas pipelines

One of the world’s largest pipeline companies, and a leader in North America in oil transportation. A great, long term company. Has a fair bit of growth projects coming at them. Part of the issue is debt. People are worried they are going to have to raise more equity. There is a chance we could see an equity issue in the next year. With that overhang, the stock may just be going sideways. At these levels, it looks like reasonable value, but don’t expect much upward movement until there is more clarity. If you already own this, you are probably safe in just sitting tight. Dividend yield of 5.5%.

oil/gas pipelines
Alex Ruus

Portfolio Manager, Arrow Capital Manage...

PricePrice
$44.010
Owned Owned
Unknown

Must be logged in to use chart
WEAK BUY
Enerplus Corp(ERF-T) 

November 16, 2017

(Market Call Minute.) A good, solid oil and gas company with good exposure in the right areas. He would call this a soft Buy.

oil/gas

(Market Call Minute.) A good, solid oil and gas company with good exposure in the right areas. He would call this a soft Buy.

oil/gas
Alex Ruus

Portfolio Manager, Arrow Capital Manage...

PricePrice
$11.510
Owned Owned
Unknown

Must be logged in to use chart
HOLD

A fascinating small-cap company that recently became profitable. However, the 3rd quarter was not profitable which caused softness. Feels there are a lot of good things to come in the coming year. They have fascinating technology to help airlines run fleets more efficiently, as well as dealing with problems like lost airplanes. Feels it is going to be a very successful company long-term. The recent pullback is a buying opportunity.

Transportation

A fascinating small-cap company that recently became profitable. However, the 3rd quarter was not profitable which caused softness. Feels there are a lot of good things to come in the coming year. They have fascinating technology to help airlines run fleets more efficiently, as well as dealing with problems like lost airplanes. Feels it is going to be a very successful company long-term. The recent pullback is a buying opportunity.

Transportation
Alex Ruus

Portfolio Manager, Arrow Capital Manage...

PricePrice
$2.010
Owned Owned
Unknown

Must be logged in to use chart
Showing 1 to 15 of 751 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.

Successfully Saved Company