Stock Opinions by Michael Decter - Stockchase Experts
WATCH LIST
1189
Michael Decter @

On Stockchase since : Nov 2006

President & CEO

Reveal Expert Performance

Michael Decter hasn’t left any messages.

You are Michael Decter? Sign up for Market Pro to post messages to your visitors here.


Michael Decter Latest Top Picks...

Stock Opinions by Michael Decter - Stockchase Experts


Signal Opinion Expert Chart
COMMENT
General Market Comment 

October 16, 2018

Markets rallied today, but we stil face volatility. But we're over the hump. We had a mild correction. Some money has moved from the sidelines, but expects some chopiness then the traditional Santa Claus rally. Netflix is the first of the FANG stocks to report, and it beat. Politics will make trading choppy. It's likely the Democrats will take the House and the Senate stays with the Republicans, so you get a muted Trump agenda, which is not a bad thing. Canadian stocks face a tougher road than the Americans where we face much lower oil prices. He expects good earnings in both countries, but Canada will still lag U.S. markets. Cannabis stocks dropped today right before legalization, because investors are nervous. Will online sales work out in Ontario, for example? He thinks the trade is switching to U.S. states that may legalize. It's unlikely that initial legal sales will take multiples higher. Cannabis is very volatile.

Markets rallied today, but we stil face volatility. But we're over the hump. We had a mild correction. Some money has moved from the sidelines, but expects some chopiness then the traditional Santa Claus rally. Netflix is the first of the FANG stocks to report, and it beat. Politics will make trading choppy. It's likely the Democrats will take the House and the Senate stays with the Republicans, so you get a muted Trump agenda, which is not a bad thing. Canadian stocks face a tougher road than the Americans where we face much lower oil prices. He expects good earnings in both countries, but Canada will still lag U.S. markets. Cannabis stocks dropped today right before legalization, because investors are nervous. Will online sales work out in Ontario, for example? He thinks the trade is switching to U.S. states that may legalize. It's unlikely that initial legal sales will take multiples higher. Cannabis is very volatile.

Unknown
Michael Decter

President , Lawrence Decter Inve...

Price Price
$0.020
Owned Owned
Unknown

Sign up or Log in to enjoy full view of charts.

BUY

Long owned this. There are two trends that could hurt Boyd: driverless cars that would eliminate car crashes (but that could be 15 years away), and new cars need new tech like lasers. Their advantage: insurance companies prefer one company with many locations than a bunch of small shops. There's a lot of room to grow here. Also, crashes are up.

other services

Long owned this. There are two trends that could hurt Boyd: driverless cars that would eliminate car crashes (but that could be 15 years away), and new cars need new tech like lasers. Their advantage: insurance companies prefer one company with many locations than a bunch of small shops. There's a lot of room to grow here. Also, crashes are up.

other services
Michael Decter

President , Lawrence Decter Inve...

Price Price
$126.000
Owned Owned
Yes

Sign up or Log in to enjoy full view of charts.

DON'T BUY
Bank of Nova Scotia(BNS-T) 

October 16, 2018

He sold it, because it disappointed. He prefers TD, RY, and JPM and BAC in the States. He doesn't know why BNS is underperforming.

banks

He sold it, because it disappointed. He prefers TD, RY, and JPM and BAC in the States. He doesn't know why BNS is underperforming.

banks
Michael Decter

President , Lawrence Decter Inve...

Price Price
$71.830
Owned Owned
No

Sign up or Log in to enjoy full view of charts.

BUY
Magna Int'l. (A)(MG-T) 

October 16, 2018

He's whethered some negative performance and is hanging on. They're well-positioned globally to make car parts but also assemble entire cars. Their business will grow as other names die off, because they can't adapt to changes. Magna has put plants in Europe. They can move production around now that NAFTA is resolved, though it will take a few quarters.

Automotive

He's whethered some negative performance and is hanging on. They're well-positioned globally to make car parts but also assemble entire cars. Their business will grow as other names die off, because they can't adapt to changes. Magna has put plants in Europe. They can move production around now that NAFTA is resolved, though it will take a few quarters.

Automotive
Michael Decter

President , Lawrence Decter Inve...

Price Price
$63.770
Owned Owned
Yes

Sign up or Log in to enjoy full view of charts.

BUY
Enbridge(ENB-T) 

October 16, 2018

He's positive with their plans. He used to own it for a long time, until pipelines were cancelled. They have good projects underway as they restructure. A solid holding and now is a decent time to get in. Dividend over 6%.

oil/gas pipelines

He's positive with their plans. He used to own it for a long time, until pipelines were cancelled. They have good projects underway as they restructure. A solid holding and now is a decent time to get in. Dividend over 6%.

oil/gas pipelines
Michael Decter

President , Lawrence Decter Inve...

Price Price
$43.250
Owned Owned
No

Sign up or Log in to enjoy full view of charts.

PARTIAL SELL

Used to own it, but sold it because it had a good run. Took profits, but not out of any fundamental weakness. Hold or take partial profits.

Transportation

Used to own it, but sold it because it had a good run. Took profits, but not out of any fundamental weakness. Hold or take partial profits.

Transportation
Michael Decter

President , Lawrence Decter Inve...

Price Price
$44.550
Owned Owned
No

Sign up or Log in to enjoy full view of charts.

SELL
Manulife Financial(MFC-T) 

October 16, 2018

Muddy Waters has beaten us up before, but when the short report came out, he sold MFC and bought SLF-T instead. He doesn't know if MFC will win or lose this case. Until then, Muddy Waters has put a cloud over this stock. Also, the
court case could get appealed and drag on.

insurance

Muddy Waters has beaten us up before, but when the short report came out, he sold MFC and bought SLF-T instead. He doesn't know if MFC will win or lose this case. Until then, Muddy Waters has put a cloud over this stock. Also, the
court case could get appealed and drag on.

insurance
Michael Decter

President , Lawrence Decter Inve...

Price Price
$20.060
Owned Owned
No

Sign up or Log in to enjoy full view of charts.

HOLD
Linamar Corp(LNR-T) 

October 16, 2018

It has come off a lot. He had bought it expecting a good bounce, but it didn't happen. Despite NAFTA worries before, there are concerns about Peak Auto approaching. He's holding for now. They're the most undervalued auto parts stock.

transportation equip & components

It has come off a lot. He had bought it expecting a good bounce, but it didn't happen. Despite NAFTA worries before, there are concerns about Peak Auto approaching. He's holding for now. They're the most undervalued auto parts stock.

transportation equip & components
Michael Decter

President , Lawrence Decter Inve...

Price Price
$56.170
Owned Owned
Yes

Sign up or Log in to enjoy full view of charts.

PAST TOP PICK

(Past Top Pick  Aug. 9, 2018, Down 1%) He likes all Brookfield stocks. This is a good way to play infrastructure despite BIP having ups and downs. A lot of infrastructure plays are simply buying things like airports as opposed to building them. Otherwise, it takes time and involves politics to build an infrastructure project. BIP makes smart investments.

INDUSTRIAL PRODUCTS

(Past Top Pick  Aug. 9, 2018, Down 1%) He likes all Brookfield stocks. This is a good way to play infrastructure despite BIP having ups and downs. A lot of infrastructure plays are simply buying things like airports as opposed to building them. Otherwise, it takes time and involves politics to build an infrastructure project. BIP makes smart investments.

INDUSTRIAL PRODUCTS
Michael Decter

President , Lawrence Decter Inve...

Price Price
$52.260
Owned Owned
Yes

Sign up or Log in to enjoy full view of charts.

PAST TOP PICK
JP Morgan Chase & Co(JPM-N) 

October 16, 2018

(Past Top Pick Aug. 9, 2018, Down 6%) Earnings are up 24%, but the stock is down due to general market jitters. Increasing interest rates will widen the banks' spreads. They still have the best bank CEO in the U.S.  

Financial Services

(Past Top Pick Aug. 9, 2018, Down 6%) Earnings are up 24%, but the stock is down due to general market jitters. Increasing interest rates will widen the banks' spreads. They still have the best bank CEO in the U.S.  

Financial Services
Michael Decter

President , Lawrence Decter Inve...

Price Price
$108.620
Owned Owned
Yes

Sign up or Log in to enjoy full view of charts.

COMMENT

Unsure why it's dropped a lot lately, but he likes the fundamentals of the insurers. Interest rates are rising and people are living longer, so the lifecos can collect premiums for longer. There is rotation between lifecos and banks, and that
could be happening now. Thinks SLF is the best Canadian insurance stock and believes in the insurance industry long-term.

insurance

Unsure why it's dropped a lot lately, but he likes the fundamentals of the insurers. Interest rates are rising and people are living longer, so the lifecos can collect premiums for longer. There is rotation between lifecos and banks, and that
could be happening now. Thinks SLF is the best Canadian insurance stock and believes in the insurance industry long-term.

insurance
Michael Decter

President , Lawrence Decter Inve...

Price Price
$48.050
Owned Owned
Yes

Sign up or Log in to enjoy full view of charts.

COMMENT
Cascades Inc(CAS-T) 

October 16, 2018

All forestry stocks are cyclical especially pulp and paper. If you stick with CAS and forestry, then diversify your portfolio instead to something less cyclical, at least non-paper stocks but are in forestry if you want to stay in this space.

east coast forestry

All forestry stocks are cyclical especially pulp and paper. If you stick with CAS and forestry, then diversify your portfolio instead to something less cyclical, at least non-paper stocks but are in forestry if you want to stay in this space.

east coast forestry
Michael Decter

President , Lawrence Decter Inve...

Price Price
$11.140
Owned Owned
Unknown

Sign up or Log in to enjoy full view of charts.

PARTIAL SELL
Waste Connections(WCN-T) 

October 16, 2018

Owned it for a long time and it's done very well for him. People are still producing a lot of waste despite recycling. WCN is run well. Buy the dip. It's at 41x earnings, pricey. Hold or take some profits.

Transportation & Environmental Services

Owned it for a long time and it's done very well for him. People are still producing a lot of waste despite recycling. WCN is run well. Buy the dip. It's at 41x earnings, pricey. Hold or take some profits.

Transportation & Environmental Services
Michael Decter

President , Lawrence Decter Inve...

Price Price
$100.830
Owned Owned
Yes

Sign up or Log in to enjoy full view of charts.

BUY

Brookfield's story is appreciation over time. It's been flat lately, but the dividend is solid. Brookfield companies are solid long-term companies. Dividend over 6%.

REAL ESTATE

Brookfield's story is appreciation over time. It's been flat lately, but the dividend is solid. Brookfield companies are solid long-term companies. Dividend over 6%.

REAL ESTATE
Michael Decter

President , Lawrence Decter Inve...

Price Price
$26.030
Owned Owned
Yes

Sign up or Log in to enjoy full view of charts.

DON'T BUY

His favourite Canadian oil producer, but he sold all his oil producers six months ago, because Canadians can't get world prices for oil. He bought U.S. producers instead, because they get that world price. Canadians have failed to
build pipelines. There will come a time when we will have pipelines, but that time looks far off.

oil/gas

His favourite Canadian oil producer, but he sold all his oil producers six months ago, because Canadians can't get world prices for oil. He bought U.S. producers instead, because they get that world price. Canadians have failed to
build pipelines. There will come a time when we will have pipelines, but that time looks far off.

oil/gas
Michael Decter

President , Lawrence Decter Inve...

Price Price
$37.970
Owned Owned
No

Sign up or Log in to enjoy full view of charts.

Showing 1 to 15 of 1,189 entries

No Comments.


You must be logged in to comment.

Successfully Saved Company
Successfully Saved Company