Opinions by Darren Sissons | StockChase
810
Darren Sissons

Vice President and Partner

ON STOCKCHASE SINCE Jan 2012

Campbell Lee & Ross

810
Darren Sissons

Vice President and Partner

ON STOCKCHASE SINCE Jan 2012

Campbell Lee & Ross


Opinions by Darren Sissons


Signal Opinion Expert Chart
N/A
General Market Comment 

November 22, 2017

Market. This is the time of year when we might see some distortions in the market, when certain Selling and Buying occur. One level is where institutional investors are looking to lock in bonuses and not have difficult conversations with their bosses. There is also the tax loss selling process, which we are beginning to see in some of the Canadian names. It’s the time of year when valuations can get a little obscure. As we move further into the holiday season, there tends to be a lot of people on holidays. If you have fresh capital and are looking to buy some quality names that have been beaten up, now is a good time to start thinking about it. Also, for tax planning, taking a little money off the table is a good idea. If you are in the FAANG stocks, you want to probably cut it in half at this point.

Market. This is the time of year when we might see some distortions in the market, when certain Selling and Buying occur. One level is where institutional investors are looking to lock in bonuses and not have difficult conversations with their bosses. There is also the tax loss selling process, which we are beginning to see in some of the Canadian names. It’s the time of year when valuations can get a little obscure. As we move further into the holiday season, there tends to be a lot of people on holidays. If you have fresh capital and are looking to buy some quality names that have been beaten up, now is a good time to start thinking about it. Also, for tax planning, taking a little money off the table is a good idea. If you are in the FAANG stocks, you want to probably cut it in half at this point.

Unknown
Darren Sissons

Vice President and Partner, Campbell Lee & Ross...

PricePrice
$0.020
Owned Owned
_N/A

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

November 22, 2017

With US$ falling, would investing internationally be smart? After the global financial crisis, we really got the lesson that if you didn’t invest internationally, it was really tough. If you want a portfolio that is going to be diversified by currency, product line, geography and income streams, over time you will end up with a more stable type of income stream. The answer is Yes, Buy internationally.

With US$ falling, would investing internationally be smart? After the global financial crisis, we really got the lesson that if you didn’t invest internationally, it was really tough. If you want a portfolio that is going to be diversified by currency, product line, geography and income streams, over time you will end up with a more stable type of income stream. The answer is Yes, Buy internationally.

Unknown
Darren Sissons

Vice President and Partner, Campbell Lee & Ross...

PricePrice
$0.020
Owned Owned
_N/A

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

November 22, 2017

Blockchain crypto currency technology? Thinks the technology has a serious amount of vapour beneath it. Longer-term, it is obviously serious technology, because a lot of industries are looking to use the technology. For him, the big challenge is who is actually controlling this. The old concept of having a currency and it being controlled by a central bank, completely goes out the window on a crypto currency context. He does think it is going to evolve in the form of a few bankruptcies, but out of that noise, we will ultimately get a new technology which will be highly beneficial.

Blockchain crypto currency technology? Thinks the technology has a serious amount of vapour beneath it. Longer-term, it is obviously serious technology, because a lot of industries are looking to use the technology. For him, the big challenge is who is actually controlling this. The old concept of having a currency and it being controlled by a central bank, completely goes out the window on a crypto currency context. He does think it is going to evolve in the form of a few bankruptcies, but out of that noise, we will ultimately get a new technology which will be highly beneficial.

Unknown
Darren Sissons

Vice President and Partner, Campbell Lee & Ross...

PricePrice
$0.020
Owned Owned
_N/A

Must be logged in to use chart
COMMENT
Apple(AAPL-Q) 

November 22, 2017

What price would you pay for this? This has been a fine performer. The challenge you have buying a substantial holding, is a little problematic because of how fast the company has grown. The market in many cases is pricing in the continued growth, the capital repatriation story. In the next 3-5 years, the company is going to run into the challenge of how much further it can grow. At these levels, he thinks you are fine because the US tax issue is going to be carried.

electrical/electronic

What price would you pay for this? This has been a fine performer. The challenge you have buying a substantial holding, is a little problematic because of how fast the company has grown. The market in many cases is pricing in the continued growth, the capital repatriation story. In the next 3-5 years, the company is going to run into the challenge of how much further it can grow. At these levels, he thinks you are fine because the US tax issue is going to be carried.

electrical/electronic
Darren Sissons

Vice President and Partner, Campbell Lee & Ross...

PricePrice
$174.960
Owned Owned
Yes

Must be logged in to use chart
COMMENT
Alibaba Group Holding(BABA-N) 

November 22, 2017

The challenge is that it is a very, very expensive stock. Feels it has a smell in terms of the pricing. You can’t discount what they have done or the growth, but he just feels there is a correction needed in the price. If you own, you might want to start thinking about cutting it in half.

The challenge is that it is a very, very expensive stock. Feels it has a smell in terms of the pricing. You can’t discount what they have done or the growth, but he just feels there is a correction needed in the price. If you own, you might want to start thinking about cutting it in half.

0
Darren Sissons

Vice President and Partner, Campbell Lee & Ross...

PricePrice
$189.840
Owned Owned
No

Must be logged in to use chart
PAST TOP PICK
Bank of America(BAC-N) 

November 22, 2017

(A Top Pick May 5/17. Up 13%.) The story on this is higher interest rates in the US. Under the Trump administration, we might see a roll back of the Dodd Franks punitive legislation. The balance sheet is very strong. At some point we are going to see multiple raises of the dividend, but are not quite there yet. This is still a Buy.

banks

(A Top Pick May 5/17. Up 13%.) The story on this is higher interest rates in the US. Under the Trump administration, we might see a roll back of the Dodd Franks punitive legislation. The balance sheet is very strong. At some point we are going to see multiple raises of the dividend, but are not quite there yet. This is still a Buy.

banks
Darren Sissons

Vice President and Partner, Campbell Lee & Ross...

PricePrice
$26.660
Owned Owned
Yes

Must be logged in to use chart
TOP PICK

The 15-year total return on the stock is 9.3X in Cdn$, which is 930%. This is currently on sale, because last year they purchased the remaining portion of Reynolds American that they didn’t own, giving them a bit more debt than normal. A very sticky business model. Dividend yield of 3.4%. (Analysts’ price target is $77.88.)

tobacco

The 15-year total return on the stock is 9.3X in Cdn$, which is 930%. This is currently on sale, because last year they purchased the remaining portion of Reynolds American that they didn’t own, giving them a bit more debt than normal. A very sticky business model. Dividend yield of 3.4%. (Analysts’ price target is $77.88.)

tobacco
Darren Sissons

Vice President and Partner, Campbell Lee & Ross...

PricePrice
$66.800
Owned Owned
Yes

Must be logged in to use chart
COMMENT
Cameco Corporation(CCO-T) 

November 22, 2017

If you look at the commodity sector, it has started to get a bit of a bounce. Is the world going to be able to get off nuclear energy? The balance sheet is okay on this. If you think about electric cars and the increasing demand for electricity, there are countries that do not have the capability of generating their own electricity. The longer-term story is good, but the money and this company could be dead for a couple of years.

integrated mines

If you look at the commodity sector, it has started to get a bit of a bounce. Is the world going to be able to get off nuclear energy? The balance sheet is okay on this. If you think about electric cars and the increasing demand for electricity, there are countries that do not have the capability of generating their own electricity. The longer-term story is good, but the money and this company could be dead for a couple of years.

integrated mines
Darren Sissons

Vice President and Partner, Campbell Lee & Ross...

PricePrice
$12.540
Owned Owned
Unknown

Must be logged in to use chart
TOP PICK
China Mobile Hong Kong(CHL-N) 

November 22, 2017

This is usually a direct beneficiary for Europeans wanting exposure to China. In the last while, we have seen the opening up of the Chinese market via the Hong Kong market. The strategy has put some capital into other major Chinese corporations. The company is cheaper now than it was during the global financial crisis. They paid a special dividend earlier in the year, when they sold off their towers. This typically tends to band trade higher in an upward direction. At the moment it’s at the bottom of its low-end range. It has more cash than debt, so the dividend is a very safe. Dividend yield of 3.6%. (Analysts’ price target is $68.70.)

Telecommunications

This is usually a direct beneficiary for Europeans wanting exposure to China. In the last while, we have seen the opening up of the Chinese market via the Hong Kong market. The strategy has put some capital into other major Chinese corporations. The company is cheaper now than it was during the global financial crisis. They paid a special dividend earlier in the year, when they sold off their towers. This typically tends to band trade higher in an upward direction. At the moment it’s at the bottom of its low-end range. It has more cash than debt, so the dividend is a very safe. Dividend yield of 3.6%. (Analysts’ price target is $68.70.)

Telecommunications
Darren Sissons

Vice President and Partner, Campbell Lee & Ross...

PricePrice
$50.590
Owned Owned
Yes

Must be logged in to use chart
BUY
Cisco(CSCO-Q) 

November 22, 2017

When John Chambers was running this, it was a phenomenal growth story. Now it seems to be a US story plus, but is definitely not an aging growth story. Has a lot of cash and has become a dividend growth story. Feels it needs an acquisition, but has a very poor reputation in acquiring companies, integrating them and taking them forward. It will continue to benefit from the US government. It’s a company transitioning into a dividend paying, growth, mature tech company, and a longer growth story. Dividend yield of 3.2%.

electrical/electronic

When John Chambers was running this, it was a phenomenal growth story. Now it seems to be a US story plus, but is definitely not an aging growth story. Has a lot of cash and has become a dividend growth story. Feels it needs an acquisition, but has a very poor reputation in acquiring companies, integrating them and taking them forward. It will continue to benefit from the US government. It’s a company transitioning into a dividend paying, growth, mature tech company, and a longer growth story. Dividend yield of 3.2%.

electrical/electronic
Darren Sissons

Vice President and Partner, Campbell Lee & Ross...

PricePrice
$36.450
Owned Owned
Unknown

Must be logged in to use chart
PAST TOP PICK
Walt Disney(DIS-N) 

November 22, 2017

(A Top Pick May 5/17. Down 8%.) In the process of trying to acquire the 21st-Century Fox assets. Also looking to deliver their own Netflix stream. This is the time you want to take advantage to buy a high quality franchise like this.

entertainment services

(A Top Pick May 5/17. Down 8%.) In the process of trying to acquire the 21st-Century Fox assets. Also looking to deliver their own Netflix stream. This is the time you want to take advantage to buy a high quality franchise like this.

entertainment services
Darren Sissons

Vice President and Partner, Campbell Lee & Ross...

PricePrice
$102.740
Owned Owned
Yes

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

November 22, 2017

They bought the Spectra assets, and the US shareholders looked to unload their shares, and the stock started to move sideways. There is a little concern around their ability to fund projects moving forward, possibly leading to issuing some equity, perhaps sell off some projects, but ultimately they’re guided towards 10%-12% dividend growth through 2024. This is on sale now, and it doesn’t go on sale very often. Dividend yield of 5.2%. (Analysts’ price target is $60.00.)

oil/gas pipelines

They bought the Spectra assets, and the US shareholders looked to unload their shares, and the stock started to move sideways. There is a little concern around their ability to fund projects moving forward, possibly leading to issuing some equity, perhaps sell off some projects, but ultimately they’re guided towards 10%-12% dividend growth through 2024. This is on sale now, and it doesn’t go on sale very often. Dividend yield of 5.2%. (Analysts’ price target is $60.00.)

oil/gas pipelines
Darren Sissons

Vice President and Partner, Campbell Lee & Ross...

PricePrice
$47.010
Owned Owned
Yes

Must be logged in to use chart
PAST TOP PICK
Halliburton Co(HAL-N) 

November 22, 2017

(A Top Pick May 5/17. Down 8%.) Has put this in the International portfolio, really in the context of trying to capture some of the recovery of the oil cycle. The majors are starting to do a little bit of spending. Thinks there is more upside here and it is very cheap.

oil/gas field services

(A Top Pick May 5/17. Down 8%.) Has put this in the International portfolio, really in the context of trying to capture some of the recovery of the oil cycle. The majors are starting to do a little bit of spending. Thinks there is more upside here and it is very cheap.

oil/gas field services
Darren Sissons

Vice President and Partner, Campbell Lee & Ross...

PricePrice
$41.430
Owned Owned
Yes

Must be logged in to use chart
BUY
HSBC Holdings P L C(HSBC-N) 

November 22, 2017

One of the big drivers is Asia. The headquarters for the Asian business is in Hong Kong. Hong Kong interest rates are pegged to the US interest rates. When the US raises interest rates, so does Hong Kong. You have a high growth region where money is sloshing over the border from China and into loans, so there is a lot of growth here. The British portion will right itself so that is good. There is an opportunity to grow the insurance business as well. Global recovery is going to be good for this bank. A good, safe way to play multiple jurisdictions.

banks

One of the big drivers is Asia. The headquarters for the Asian business is in Hong Kong. Hong Kong interest rates are pegged to the US interest rates. When the US raises interest rates, so does Hong Kong. You have a high growth region where money is sloshing over the border from China and into loans, so there is a lot of growth here. The British portion will right itself so that is good. There is an opportunity to grow the insurance business as well. Global recovery is going to be good for this bank. A good, safe way to play multiple jurisdictions.

banks
Darren Sissons

Vice President and Partner, Campbell Lee & Ross...

PricePrice
$49.180
Owned Owned
Yes

Must be logged in to use chart
HOLD
ING Groep NV(ING-N) 

November 22, 2017

Sell ING or European telcos? The 1st question would be which telcos. However, the broader story on European telcos is different than what is happening in Canada or the US. Fibre to the home is being built out in Europe, and for the 1st time in about 12 years, European telcos are growing revenues and earnings. Thinks there is still a little upside in the telcos. Regarding financials in Europe, the big driver is going to be higher rates. Higher rates are going to be good for financials, so there is a little more room to run on ING. The balance sheet was freshly recapitalized. They sold off some assets. There is probably upside here as well.

investment companies/funds

Sell ING or European telcos? The 1st question would be which telcos. However, the broader story on European telcos is different than what is happening in Canada or the US. Fibre to the home is being built out in Europe, and for the 1st time in about 12 years, European telcos are growing revenues and earnings. Thinks there is still a little upside in the telcos. Regarding financials in Europe, the big driver is going to be higher rates. Higher rates are going to be good for financials, so there is a little more room to run on ING. The balance sheet was freshly recapitalized. They sold off some assets. There is probably upside here as well.

investment companies/funds
Darren Sissons

Vice President and Partner, Campbell Lee & Ross...

PricePrice
$17.910
Owned Owned
No

Must be logged in to use chart
Showing 1 to 15 of 810 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.

Successfully Saved Company