Opinions by Mike S. Newton, CIM FCSI | StockChase
1138
Mike S. Newton, CIM FCSI

Director & Portfolio Manager

ON STOCKCHASE SINCE Jun 2009

Scotia Wealth Management
40 King Street West, 49th Floor Toronto, ONM5H 3Y2
T: 416-350-1192 mike.newton@scotiamcleod.com
http://www.newtongroupwealth.com/

1138
Mike S. Newton, CIM FCSI

Director & Portfolio Manager

ON STOCKCHASE SINCE Jun 2009

Scotia Wealth Management
40 King Street West, 49th Floor Toronto, ONM5H 3Y2
T: 416-350-1192 mike.newton@scotiamcleod.com
http://www.newtongroupwealth.com/


Opinions by Mike S. Newton, CIM FCSI


Signal Opinion Expert Chart
N/A
General Market Comment 

December 5, 2017

Market. In a short-term trading window between now and February, we can play all kinds of games, and pretty much guess that financials will probably do pretty well, as well as some of the healthcare stocks and media. On the flipside, a company like Royal Caribbean Cruise Lines actually has zero percent effective tax rate. To make an analogy between what we are seeing in the stock market right now and a car, we just got a reduction in the gasoline price, but what is the fuel efficiency of each and every car. He thinks we are going to get a little side swiped by too much focus on the taxes and are going to forget to look at the fundamentals of the companies.

Market. In a short-term trading window between now and February, we can play all kinds of games, and pretty much guess that financials will probably do pretty well, as well as some of the healthcare stocks and media. On the flipside, a company like Royal Caribbean Cruise Lines actually has zero percent effective tax rate. To make an analogy between what we are seeing in the stock market right now and a car, we just got a reduction in the gasoline price, but what is the fuel efficiency of each and every car. He thinks we are going to get a little side swiped by too much focus on the taxes and are going to forget to look at the fundamentals of the companies.

Unknown
Mike S. Newton, CIM FCSI

Director & Portfolio Manager, Scotia Wealth Manage...

PricePrice
$0.020
Owned Owned
_N/A

Must be logged in to use chart
PAST TOP PICK

(A Top Pick Nov 8/16. Up 26%.) One of the highest quality Canadian REITs available. Focused on the major urban centres. The only negative is that it’s trading at a bit of a premium to most analysts’ estimates NAV, so he would be a little cautious. The argument would be that in the next 12 months it will grow into that premium. Dividend yield of 3.7%.

investment companies/funds

(A Top Pick Nov 8/16. Up 26%.) One of the highest quality Canadian REITs available. Focused on the major urban centres. The only negative is that it’s trading at a bit of a premium to most analysts’ estimates NAV, so he would be a little cautious. The argument would be that in the next 12 months it will grow into that premium. Dividend yield of 3.7%.

investment companies/funds
Mike S. Newton, CIM FCSI

Director & Portfolio Manager, Scotia Wealth Manage...

PricePrice
$41.670
Owned Owned
Yes

Must be logged in to use chart
DON'T BUY
Bombardier Inc (B)(BBD.B-T) 

December 5, 2017

He tried to navigate this back in 2013-2014 unsuccessfully. It has had a very good move in the last little while. There are too many other cleaner, less headachy names. Too many moving parts for him.

transportation equip & components

He tried to navigate this back in 2013-2014 unsuccessfully. It has had a very good move in the last little while. There are too many other cleaner, less headachy names. Too many moving parts for him.

transportation equip & components
Mike S. Newton, CIM FCSI

Director & Portfolio Manager, Scotia Wealth Manage...

PricePrice
$3.170
Owned Owned
No

Must be logged in to use chart
COMMENT

He owns and prefers the parent, Brookfield Asset Management. We are seeing a lot more movement from the company on an international basis, which he finds interesting. Also, the whole Brookfield family is more involved in India with about a 7%-8% exposure. 5.5% dividend yield.

REAL ESTATE

He owns and prefers the parent, Brookfield Asset Management. We are seeing a lot more movement from the company on an international basis, which he finds interesting. Also, the whole Brookfield family is more involved in India with about a 7%-8% exposure. 5.5% dividend yield.

REAL ESTATE
Mike S. Newton, CIM FCSI

Director & Portfolio Manager, Scotia Wealth Manage...

PricePrice
$27.200
Owned Owned
No

Must be logged in to use chart
BUY
CCL Industries (B)(CCL.B-T) 

December 5, 2017

Currently it’s range bound and consolidating. In the summer and fall months, there were issues with costs of materials due to hurricanes. They are dependent on some chemical plants and resins in the Midwest US. In addition, they do like a weaker Cdn$ versus a stronger one. He is continuing to buy this and is very comfortable with it.

packaging/containers

Currently it’s range bound and consolidating. In the summer and fall months, there were issues with costs of materials due to hurricanes. They are dependent on some chemical plants and resins in the Midwest US. In addition, they do like a weaker Cdn$ versus a stronger one. He is continuing to buy this and is very comfortable with it.

packaging/containers
Mike S. Newton, CIM FCSI

Director & Portfolio Manager, Scotia Wealth Manage...

PricePrice
$58.130
Owned Owned
Yes

Must be logged in to use chart
COMMENT
Cineplex Inc(CGX-T) 

December 5, 2017

Got stopped out of this in the summer. This and all the theatre operators went through a very difficult summer because Hollywood failed to deliver anything interesting. Over the long run, this company will still have a place in the Canadian consumers mindset, and in addition they are doing all kinds of extra things.

other services

Got stopped out of this in the summer. This and all the theatre operators went through a very difficult summer because Hollywood failed to deliver anything interesting. Over the long run, this company will still have a place in the Canadian consumers mindset, and in addition they are doing all kinds of extra things.

other services
Mike S. Newton, CIM FCSI

Director & Portfolio Manager, Scotia Wealth Manage...

PricePrice
$38.970
Owned Owned
No

Must be logged in to use chart
BUY
Comcast Corp(CMCSA-Q) 

December 5, 2017

In the news right now because there is a lot of movement with Fox, Disney and Comcast trying to buy some of the properties. It had a breakdown in the summer and into the fall when the CFO made some negative comments on some subscriber additions, but it has rallied nicely in the last 3 weeks. The company is a beneficiary of the tax break, and in addition, they are striving to become more than just an internet mobile wireless company.

Cable

In the news right now because there is a lot of movement with Fox, Disney and Comcast trying to buy some of the properties. It had a breakdown in the summer and into the fall when the CFO made some negative comments on some subscriber additions, but it has rallied nicely in the last 3 weeks. The company is a beneficiary of the tax break, and in addition, they are striving to become more than just an internet mobile wireless company.

Cable
Mike S. Newton, CIM FCSI

Director & Portfolio Manager, Scotia Wealth Manage...

PricePrice
$39.520
Owned Owned
Yes

Must be logged in to use chart
COMMENT

Recently came out with earnings which were excellent. Seem to be delivering across all their business lines. The dividend increase of 40% was quite strong. They are trying to get all their different retail properties to work as one.Recently came out with earnings which were excellent. Seem to be delivering across all their business lines. The dividend increase of 40% was quite strong. They are trying to get all their different retail properties to work as one.

specialty stores

Recently came out with earnings which were excellent. Seem to be delivering across all their business lines. The dividend increase of 40% was quite strong. They are trying to get all their different retail properties to work as one.Recently came out with earnings which were excellent. Seem to be delivering across all their business lines. The dividend increase of 40% was quite strong. They are trying to get all their different retail properties to work as one.

specialty stores
Mike S. Newton, CIM FCSI

Director & Portfolio Manager, Scotia Wealth Manage...

PricePrice
$162.350
Owned Owned
Unknown

Must be logged in to use chart
PAST TOP PICK
Digital Realty Trust(DLR-N) 

December 5, 2017

(A Top Pick Nov 8/16. Up 23%.) This is in the hot data centre space. The demand for server farms offloading in iCloud is insatiable. This is a real estate investment trust. It dropped 6% on the day of the tax accord as it has an effective tax rate of 2%. He would still be buying this name.

Financial Services

(A Top Pick Nov 8/16. Up 23%.) This is in the hot data centre space. The demand for server farms offloading in iCloud is insatiable. This is a real estate investment trust. It dropped 6% on the day of the tax accord as it has an effective tax rate of 2%. He would still be buying this name.

Financial Services
Mike S. Newton, CIM FCSI

Director & Portfolio Manager, Scotia Wealth Manage...

PricePrice
$113.020
Owned Owned
Yes

Must be logged in to use chart
TOP PICK
Digital Realty Trust(DLR-N) 

December 5, 2017

The world is using an increasing amount of technology with Cloud spaced server space. This company bought a data Centre for about $4 billion recently, which gave them access to a lot of European property, a nice added bonus. Has about 150 data centres globally, and some of the biggest names in the S&P 500. To move this beyond just being a commodity of acreage of data farms, they are adding a level of IT consulting, which have higher margins. Has an effective tax rate of only 3%, so are not getting a lot of love in the last couple of days. Under this pressure, the shares represent a pretty good buying opportunity. Dividend yield of 3.4%. (Analysts’ price target is $127.)

Financial Services

The world is using an increasing amount of technology with Cloud spaced server space. This company bought a data Centre for about $4 billion recently, which gave them access to a lot of European property, a nice added bonus. Has about 150 data centres globally, and some of the biggest names in the S&P 500. To move this beyond just being a commodity of acreage of data farms, they are adding a level of IT consulting, which have higher margins. Has an effective tax rate of only 3%, so are not getting a lot of love in the last couple of days. Under this pressure, the shares represent a pretty good buying opportunity. Dividend yield of 3.4%. (Analysts’ price target is $127.)

Financial Services
Mike S. Newton, CIM FCSI

Director & Portfolio Manager, Scotia Wealth Manage...

PricePrice
$113.020
Owned Owned
Yes

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

December 5, 2017

Understands they are planning on splitting out into 3 different companies. There is still a lot of private equity people in the name that are trying to work on how everything is going to work out. He likes the name. He recommends this even though he doesn’t own it.

chemicals

Understands they are planning on splitting out into 3 different companies. There is still a lot of private equity people in the name that are trying to work on how everything is going to work out. He likes the name. He recommends this even though he doesn’t own it.

chemicals
Mike S. Newton, CIM FCSI

Director & Portfolio Manager, Scotia Wealth Manage...

PricePrice
$71.540
Owned Owned
No

Must be logged in to use chart
TOP PICK
Franco-Nevada Corp.(FNV-T) 

December 5, 2017

This does well in both Bull and Bear markets in the commodity. We are in a sort of undecided “not a lot of love for gold” right now, but gold certainly has a lot of excitement around it. Another thing they’ve done is to move into the royalty streaming business of oil and gas and other precious metals. Dividend yield of 1.2%. (Analysts’ price target is $112.30.)

precious metals

This does well in both Bull and Bear markets in the commodity. We are in a sort of undecided “not a lot of love for gold” right now, but gold certainly has a lot of excitement around it. Another thing they’ve done is to move into the royalty streaming business of oil and gas and other precious metals. Dividend yield of 1.2%. (Analysts’ price target is $112.30.)

precious metals
Mike S. Newton, CIM FCSI

Director & Portfolio Manager, Scotia Wealth Manage...

PricePrice
$99.900
Owned Owned
Yes

Must be logged in to use chart
TOP PICK
Home Depot(HD-N) 

December 5, 2017

This is at an all-time high, so what do you do in 2018? Just because this is at an all-time high, why punt it out of your portfolio? In 10 years time, this company will do very well. There is a lot of room left. Dividend yield of 1.9%. (Analysts’ price target is $183.)

specialty stores

This is at an all-time high, so what do you do in 2018? Just because this is at an all-time high, why punt it out of your portfolio? In 10 years time, this company will do very well. There is a lot of room left. Dividend yield of 1.9%. (Analysts’ price target is $183.)

specialty stores
Mike S. Newton, CIM FCSI

Director & Portfolio Manager, Scotia Wealth Manage...

PricePrice
$182.850
Owned Owned
Yes

Must be logged in to use chart
COMMENT
Inter Pipeline(IPL-T) 

December 5, 2017

Although he owns this, he would be somewhat interested in sniffing around at Enbridge (ENB-T) as well. There is always a scare of a dividend cut on Enbridge. Both names are pretty solid in his opinion. Dividend yield of 6%.

oil pipelines

Although he owns this, he would be somewhat interested in sniffing around at Enbridge (ENB-T) as well. There is always a scare of a dividend cut on Enbridge. Both names are pretty solid in his opinion. Dividend yield of 6%.

oil pipelines
Mike S. Newton, CIM FCSI

Director & Portfolio Manager, Scotia Wealth Manage...

PricePrice
$27.440
Owned Owned
Yes

Must be logged in to use chart
COMMENT
Lundin Mining Corp.(LUN-T) 

December 5, 2017

There was a real change of events last week and the week before where there was a very, very negative reaction to the Candelaria mine in Chile, where the walls had collapsed. He finds the commodity space of metals, minerals, oils, gas a tough place to be because of volatility. A lot are very capital-intensive projects, and when something goes wrong, it is very costly, and very costly to shareholders. It’s always been too volatile for his liking.

metal mines

There was a real change of events last week and the week before where there was a very, very negative reaction to the Candelaria mine in Chile, where the walls had collapsed. He finds the commodity space of metals, minerals, oils, gas a tough place to be because of volatility. A lot are very capital-intensive projects, and when something goes wrong, it is very costly, and very costly to shareholders. It’s always been too volatile for his liking.

metal mines
Mike S. Newton, CIM FCSI

Director & Portfolio Manager, Scotia Wealth Manage...

PricePrice
$6.930
Owned Owned
No

Must be logged in to use chart
Showing 1 to 15 of 1,138 entries
<< < 1 2 3 4 5 > >>
Post Comment

1 Comment

StockNewbie

March 14th 2015 at 7:19am

I enjoy your views and opinion Mike. Thank you


You must be logged in to comment.

Successfully Saved Company