Stock Opinions by Stan Wong - Stockchase Experts
WATCH LIST
1853
Stan Wong @

On Stockchase since : Jun 2009

Director & Portfolio Manager at Private Wealth Management, ScotiaMcleod

Reveal Expert Performance

Stan Wong hasn’t left any messages.


Stan Wong Latest Top Picks...

Stock Opinions by Stan Wong - Stockchase Experts

Signal Opinion Expert Chart
COMMENT
General Market Comment 

February 28, 2019

Market outlook - Very eventful time for investors. We are now into 9 weeks in consecutive rallies. We are now at 5% from all time highs. At this point we are probably a little overextended. The US economy is still very strong. Unemployment is low, the consumer is good. Since 1960 if you have a positive month in January and February, 92% of the time the markets ended positive the year. Overall there is a pause these days in the market after the tremendous start of the year. his top sector is financials, consumer discretionary, health care and technology. Energy doesn't have really a big place in his portfolios. The US economy looks a little more robust vs the Canadian economy. Energy is a big part of the TSX. He has nothing in Europe. He likes also China in the EM. Trading at 9.5 forward earnings vs 12 forward earnings.
0 0 0 0 0
0 comments
Market outlook - Very eventful time for investors. We are now into 9 weeks in consecutive rallies. We are now at 5% from all time highs. At this point we are probably a little overextended. The US economy is still very strong. Unemployment is low, the consumer is good. Since 1960 if you have a positive month in January and February, 92% of the time the markets ended positive the year. Overall there is a pause these days in the market after the tremendous start of the year. his top sector is financials, consumer discretionary, health care and technology. Energy doesn't have really a big place in his portfolios. The US economy looks a little more robust vs the Canadian economy. Energy is a big part of the TSX. He has nothing in Europe. He likes also China in the EM. Trading at 9.5 forward earnings vs 12 forward earnings.
Unknown
0 0 0 0 0
0 comments
Stan Wong

Director &, Private Wealth Manag...

Price Price
$0.000
Owned Owned
Unknown

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

WATCH
Sun Life Financial Inc(SLF-T) 

February 28, 2019

Trading at 10 x earnings with 10-1% growth. Dividend yield is 3.9%. 10% of the revenues come from Asia. Very leveraged to what happens in the equity markets. Watch where it stands to the 200-day moving average.
insurance
0 0 0 0 0
0 comments
Trading at 10 x earnings with 10-1% growth. Dividend yield is 3.9%. 10% of the revenues come from Asia. Very leveraged to what happens in the equity markets. Watch where it stands to the 200-day moving average.
insurance
0 0 0 0 0
0 comments
Stan Wong

Director &, Private Wealth Manag...

Price Price
$49.820
Owned Owned
Yes

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

COMMENT
The US banks benefited from the looser regulatory environment of the Trump's administration. If you think that the US banks are to move higher you are better off just owning the banks directly. 3-5 years out he prefers the banks directly.
banks
0 0 0 0 0
0 comments
The US banks benefited from the looser regulatory environment of the Trump's administration. If you think that the US banks are to move higher you are better off just owning the banks directly. 3-5 years out he prefers the banks directly.
banks
0 0 0 0 0
0 comments
Stan Wong

Director &, Private Wealth Manag...

Price Price
$30.400
Owned Owned
Unknown

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

COMMENT
Can you explain what a covered call strategy does? This strategy will invest in underlying stocks with high dividend in the US and over top of that they will be writing options to create ore income for the investor. This is great if you think that we will have sideways markets. This strategy is 71 basis points. Usually covered call strategies are little more expensive than direct ownership.
0 0 0 0 0
0 comments
Can you explain what a covered call strategy does? This strategy will invest in underlying stocks with high dividend in the US and over top of that they will be writing options to create ore income for the investor. This is great if you think that we will have sideways markets. This strategy is 71 basis points. Usually covered call strategies are little more expensive than direct ownership.
0
0 0 0 0 0
0 comments
Stan Wong

Director &, Private Wealth Manag...

Price Price
$20.290
Owned Owned
Unknown

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

BUY
Amazon.com(AMZN-Q) 

February 28, 2019

He thinks it is one of the most interesting, disruptive companies of our time. their GMV (gross merchandise volume) is at $280 billion. Their cloud business continues to growth. He doesn't know anybody that doesn't buy online. Valuation has been coming down. He is modeling 35% growth for the EPS.
specialty stores
0 0 0 0 0
0 comments
He thinks it is one of the most interesting, disruptive companies of our time. their GMV (gross merchandise volume) is at $280 billion. Their cloud business continues to growth. He doesn't know anybody that doesn't buy online. Valuation has been coming down. He is modeling 35% growth for the EPS.
specialty stores
0 0 0 0 0
0 comments
Stan Wong

Director &, Private Wealth Manag...

Price Price
$1639.830
Owned Owned
Yes

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

BUY on WEAKNESS
United Technologies(UTX-N) 

February 28, 2019

Health care in the last little while has been weaker vs more cyclical areas. 14% long-term growth rate. Decent dividend at 1.5%. Buy on these dips.
mngmnt/diversified
0 0 0 0 0
0 comments
Health care in the last little while has been weaker vs more cyclical areas. 14% long-term growth rate. Decent dividend at 1.5%. Buy on these dips.
mngmnt/diversified
0 0 0 0 0
0 comments
Stan Wong

Director &, Private Wealth Manag...

Price Price
$125.670
Owned Owned
Yes

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

DON'T BUY
Apple(AAPL-Q) 

February 28, 2019

He sold it a while back. His concern is that 63% of their revenues come form the iPhone. It is not in the area of tech that he likes the most: the cloud business. They still have lots of cash, maybe they buy something from here. Not his favorite tech name here.
electrical/electronic
0 0 0 0 0
0 comments
He sold it a while back. His concern is that 63% of their revenues come form the iPhone. It is not in the area of tech that he likes the most: the cloud business. They still have lots of cash, maybe they buy something from here. Not his favorite tech name here.
electrical/electronic
0 0 0 0 0
0 comments
Stan Wong

Director &, Private Wealth Manag...

Price Price
$173.150
Owned Owned
No

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

COMMENT
He likes gold. He owns iShares COMEX Gold ETF (IAU-N) which is a straight position in bullion. This one invest in the companies having some operational risk. He is at 4-5% depending on the portfolio.
E.T.F.'s
0 0 0 0 0
0 comments
He likes gold. He owns iShares COMEX Gold ETF (IAU-N) which is a straight position in bullion. This one invest in the companies having some operational risk. He is at 4-5% depending on the portfolio.
E.T.F.'s
0 0 0 0 0
0 comments
Stan Wong

Director &, Private Wealth Manag...

Price Price
$11.930
Owned Owned
No

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

PAST TOP PICK
Alibaba Group Holding(BABA-N) 

February 28, 2019

(A Top Pick Mar 13/18, Down 3%) It has been quite a roller coaster. 20% long-term growth rate. He likes the runway for growth of this company.
0 0 0 0 0
0 comments
(A Top Pick Mar 13/18, Down 3%) It has been quite a roller coaster. 20% long-term growth rate. He likes the runway for growth of this company.
0
0 0 0 0 0
0 comments
Stan Wong

Director &, Private Wealth Manag...

Price Price
$183.030
Owned Owned
Unknown

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

PAST TOP PICK
FedEx(FDX-N) 

February 28, 2019

(A Top Pick Mar 13/18, Down 27%) Sold it in September at around $244. The writing was in the wall. The perspective from a technical perspective is negative now. Long term probably OK.
Transportation
0 0 0 0 0
0 comments
(A Top Pick Mar 13/18, Down 27%) Sold it in September at around $244. The writing was in the wall. The perspective from a technical perspective is negative now. Long term probably OK.
Transportation
0 0 0 0 0
0 comments
Stan Wong

Director &, Private Wealth Manag...

Price Price
$181.000
Owned Owned
No

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

PAST TOP PICK
(A Top Pick Mar 13/18, Up 15%) Who doesn't like Tim's. not cheap but attractive for people that want decent income and exposure to the global middle class consumer. They expect to open 1500 locations in China over the next 10 years. The relationship between franchisees and the company has eased. A defensive growth company.
food services
0 0 0 0 0
0 comments
(A Top Pick Mar 13/18, Up 15%) Who doesn't like Tim's. not cheap but attractive for people that want decent income and exposure to the global middle class consumer. They expect to open 1500 locations in China over the next 10 years. The relationship between franchisees and the company has eased. A defensive growth company.
food services
0 0 0 0 0
0 comments
Stan Wong

Director &, Private Wealth Manag...

Price Price
$83.220
Owned Owned
Yes

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

BUY
Telus Corp(T-T) 

February 28, 2019

He likes is the telco in general in Canada. A year ago when interest rates were expected to go higher, they didn't look that attractive. He owns Rogers for some of their media assets. But still likes this one. Projecting a dividend increase.
telephone utilities
0 0 0 0 0
0 comments
He likes is the telco in general in Canada. A year ago when interest rates were expected to go higher, they didn't look that attractive. He owns Rogers for some of their media assets. But still likes this one. Projecting a dividend increase.
telephone utilities
0 0 0 0 0
0 comments
Stan Wong

Director &, Private Wealth Manag...

Price Price
$47.800
Owned Owned
No

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

HOLD
AbbVie Inc.(ABBV-N) 

February 28, 2019

It has been a tough pharma name. It is the only single digit P/E on the large pharma space. There is execution risk. Probably the dividend yield is safe. He would put a stop loss at the beneath the $78 level.
0 0 0 0 0
0 comments
It has been a tough pharma name. It is the only single digit P/E on the large pharma space. There is execution risk. Probably the dividend yield is safe. He would put a stop loss at the beneath the $78 level.
0
0 0 0 0 0
0 comments
Stan Wong

Director &, Private Wealth Manag...

Price Price
$79.240
Owned Owned
Yes

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

BUY
Tencent Holdings Ltd (0700-HK) 

February 28, 2019

Great long-term company. One of the strongest internet companies in the world. Trading at 35 times on a forward basis. In China they do everything with WeChat. Gaming is a big revenue source. Regulators are putting a freeze on game approvals. That is probably it hasn't move as others lately. But still a great long-term hold.
0 0 0 0 0
0 comments
Great long-term company. One of the strongest internet companies in the world. Trading at 35 times on a forward basis. In China they do everything with WeChat. Gaming is a big revenue source. Regulators are putting a freeze on game approvals. That is probably it hasn't move as others lately. But still a great long-term hold.
0
0 0 0 0 0
0 comments
Stan Wong

Director &, Private Wealth Manag...

Price Price
$335.800
Owned Owned
Unknown

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

COMMENT
Looks to buy companies that growth their dividends over the last couple of years. It is done well but it is expensive at 66 basis points MER. Maybe consider the iShares TSX composite High dividend ETF where you are paying 20 basis points. He is Ok with dividend payers, doesn't need dividend growers in a stable interest rate environment. In the US the one to own is HDV.
E.T.F.'s
0 0 0 0 0
0 comments
Looks to buy companies that growth their dividends over the last couple of years. It is done well but it is expensive at 66 basis points MER. Maybe consider the iShares TSX composite High dividend ETF where you are paying 20 basis points. He is Ok with dividend payers, doesn't need dividend growers in a stable interest rate environment. In the US the one to own is HDV.
E.T.F.'s
0 0 0 0 0
0 comments
Stan Wong

Director &, Private Wealth Manag...

Price Price
$26.070
Owned Owned
Unknown

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

Showing 1 to 15 of 1,853 entries
Successfully Saved Company
Successfully Saved Company