Opinions by Kash Pashootan | StockChase
713
Kash Pashootan

Sr. VP & Portfolio Manager

ON STOCKCHASE SINCE Jan 2015

First Avenue Advisory, Raymond James


Opinions by Kash Pashootan


Signal Opinion Expert Chart
COMMENT
General Market Comment 

June 27, 2018

Market. He sees the market being in a tug of war with the Trump Administration creating volatility with trade tariffs globally.  He thinks the market is continuing to bet this is all just short term noise.  A year ago he was very cautious about interest rate sensitive stocks, which conflicts with the need for yield by investors.  They were lightening up on telcos and utilities and feels there is still pain to come in these sectors.    

Market. He sees the market being in a tug of war with the Trump Administration creating volatility with trade tariffs globally.  He thinks the market is continuing to bet this is all just short term noise.  A year ago he was very cautious about interest rate sensitive stocks, which conflicts with the need for yield by investors.  They were lightening up on telcos and utilities and feels there is still pain to come in these sectors.    

Unknown
Kash Pashootan

Sr. VP & P, First Avenue Advisor...

Price Price
$0.020
Owned Owned
_N/A

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

COMMENT
General Market Comment 

June 27, 2018

Deploying cash now. He would focus on mid-cap names to avoid noise with tariff risks.  His company portfolio holds 60% mid-caps.  From a currency perspective to the US dollar, he doesn’t see much to protect against potential currency exposure at this time.  He would suggest employing a dollar cost average approach for entry.  He would caution purchasing bonds, as some high yielding ones trade more like equity than bonds.  

Deploying cash now. He would focus on mid-cap names to avoid noise with tariff risks.  His company portfolio holds 60% mid-caps.  From a currency perspective to the US dollar, he doesn’t see much to protect against potential currency exposure at this time.  He would suggest employing a dollar cost average approach for entry.  He would caution purchasing bonds, as some high yielding ones trade more like equity than bonds.  

Unknown
Kash Pashootan

Sr. VP & P, First Avenue Advisor...

Price Price
$0.020
Owned Owned
_N/A

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

PAST TOP PICK
Apple(AAPL-Q) 

June 27, 2018

(A Top Pick March 14/17 Up 37%).  This hase been a rock star, with a name that continues to defy the critics. He does not own it presently and will expect to trade into it again soon.

electrical/electronic

(A Top Pick March 14/17 Up 37%).  This hase been a rock star, with a name that continues to defy the critics. He does not own it presently and will expect to trade into it again soon.

electrical/electronic
Kash Pashootan

Sr. VP & P, First Avenue Advisor...

Price Price
$184.160
Owned Owned
No

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

WEAK BUY
Aecon Group Inc(ARE-T) 

June 27, 2018

He is thankful this continues to be a Canadian company as there are fewer in the Canadian space left to invest in.  He is watching it again, now that it is down 22% this year.  He sees it as still being a little expensive at 19 times earnings.   He would take an initial 1/3 position at these levels.  Yield 3.25%.  

contractors

He is thankful this continues to be a Canadian company as there are fewer in the Canadian space left to invest in.  He is watching it again, now that it is down 22% this year.  He sees it as still being a little expensive at 19 times earnings.   He would take an initial 1/3 position at these levels.  Yield 3.25%.  

contractors
Kash Pashootan

Sr. VP & P, First Avenue Advisor...

Price Price
$15.430
Owned Owned
No

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

DON'T BUY
Bank of America(BAC-N) 

June 27, 2018

This stock needs to be evaluated in the broader outlook of the macro market drivers.  He thinks this is one of the better national banks, because of the balance between retail and merchant banking.  Goldman Sachs lacks the retail side, so their earnings are lumpy, for example.  He expects a dividend increase.  He has stayed away in general, favoring to cherry pick the regional banks in niche markets.  

banks

This stock needs to be evaluated in the broader outlook of the macro market drivers.  He thinks this is one of the better national banks, because of the balance between retail and merchant banking.  Goldman Sachs lacks the retail side, so their earnings are lumpy, for example.  He expects a dividend increase.  He has stayed away in general, favoring to cherry pick the regional banks in niche markets.  

banks
Kash Pashootan

Sr. VP & P, First Avenue Advisor...

Price Price
$28.240
Owned Owned
No

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

HOLD
BCE Inc.(BCE-T) 

June 27, 2018

He owns this and recommends it as a holding you can feel comfortable with over the long term.  It has a low beta with the market, which makes it less volatile during downturns.  The stock has appreciated like a small, riskier growth stock.  He likes the dividend and expects 2-3% share appreciation annually.  Yield 5%.  (Analysts’ price target is $59)

telephone utilities

He owns this and recommends it as a holding you can feel comfortable with over the long term.  It has a low beta with the market, which makes it less volatile during downturns.  The stock has appreciated like a small, riskier growth stock.  He likes the dividend and expects 2-3% share appreciation annually.  Yield 5%.  (Analysts’ price target is $59)

telephone utilities
Kash Pashootan

Sr. VP & P, First Avenue Advisor...

Price Price
$53.930
Owned Owned
Yes

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

TOP PICK
CBRL Group Inc.(CBRL-Q) 

June 27, 2018

They are rolling out varying pricing lines for different store locations, based on demographics and market differences.  He likes their growth potential and sees franchising as a good future revenue stream generator.  Yield 3%.  (Analysts’ price target is $159.25)

food services

They are rolling out varying pricing lines for different store locations, based on demographics and market differences.  He likes their growth potential and sees franchising as a good future revenue stream generator.  Yield 3%.  (Analysts’ price target is $159.25)

food services
Kash Pashootan

Sr. VP & P, First Avenue Advisor...

Price Price
$159.750
Owned Owned
Yes

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

DON'T BUY

The dividend was cut today, which he thinks is positive.  He wonders how safe cash flow is going forward and is having a hard time pinpointing what their business strategy is.   He would be cautious having the dividend be the reason to buy this stock.  He is staying away.    

entertainment services

The dividend was cut today, which he thinks is positive.  He wonders how safe cash flow is going forward and is having a hard time pinpointing what their business strategy is.   He would be cautious having the dividend be the reason to buy this stock.  He is staying away.    

entertainment services
Kash Pashootan

Sr. VP & P, First Avenue Advisor...

Price Price
$5.130
Owned Owned
No

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

TOP PICK

This regional bank is focused in the Pacific Northwest, where there is good demographic and employment fundamentals.  It is priced at similar multiples as last year, but the regulatory environment is more favorable now.  Yield 2.5%.  (Analysts’ price target is $46.25)

banks

This regional bank is focused in the Pacific Northwest, where there is good demographic and employment fundamentals.  It is priced at similar multiples as last year, but the regulatory environment is more favorable now.  Yield 2.5%.  (Analysts’ price target is $46.25)

banks
Kash Pashootan

Sr. VP & P, First Avenue Advisor...

Price Price
$41.310
Owned Owned
Yes

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

BUY on WEAKNESS
Costco Wholesale(COST-Q) 

June 27, 2018

Their business model is unique as the profit margin is only half of their competitors.  Their memberships are a nice recurring revenue stream.  If the economy slows, they do not have the ability to cut prices.  He has stayed away because of the high multiples.  The P/E ratio has not traded below 25 times for the past 10 years.  

department stores

Their business model is unique as the profit margin is only half of their competitors.  Their memberships are a nice recurring revenue stream.  If the economy slows, they do not have the ability to cut prices.  He has stayed away because of the high multiples.  The P/E ratio has not traded below 25 times for the past 10 years.  

department stores
Kash Pashootan

Sr. VP & P, First Avenue Advisor...

Price Price
$210.030
Owned Owned
No

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

BUY on WEAKNESS
Cisco(CSCO-Q) 

June 27, 2018

They have had a pullback recently and he feels that even at these multiples it is still too expensive at 16 times earnings.  He thinks there is room for further retracement.  They have had an aggressive acquisition strategy to expand the business into new sectors, like cyber security.  He would look at it at ideally near 13 times earnings.  (Analysts’ price target is $49)

electrical/electronic

They have had a pullback recently and he feels that even at these multiples it is still too expensive at 16 times earnings.  He thinks there is room for further retracement.  They have had an aggressive acquisition strategy to expand the business into new sectors, like cyber security.  He would look at it at ideally near 13 times earnings.  (Analysts’ price target is $49)

electrical/electronic
Kash Pashootan

Sr. VP & P, First Avenue Advisor...

Price Price
$42.330
Owned Owned
Unknown

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

DON'T BUY

He held this for close to seven years, but sold it back around $700.  He thought their niche was based on smaller acquisitions, which no longer works at this scale of business – it is hard to move the needle now.  

computer software/processing

He held this for close to seven years, but sold it back around $700.  He thought their niche was based on smaller acquisitions, which no longer works at this scale of business – it is hard to move the needle now.  

computer software/processing
Kash Pashootan

Sr. VP & P, First Avenue Advisor...

Price Price
$1021.790
Owned Owned
No

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

BUY on WEAKNESS
Dollarama Inc.(DOL-T) 

June 27, 2018

The chart makes this a rock star, although it has paused recently.  This business is a pure momentum growth stock that always trades at a rich multiple – it is always expensive.  He tends to stay away from these stocks as the risk is too great of buying at the wrong time.  It only pays less than 0.5% yield.  

Consumer Products

The chart makes this a rock star, although it has paused recently.  This business is a pure momentum growth stock that always trades at a rich multiple – it is always expensive.  He tends to stay away from these stocks as the risk is too great of buying at the wrong time.  It only pays less than 0.5% yield.  

Consumer Products
Kash Pashootan

Sr. VP & P, First Avenue Advisor...

Price Price
$51.480
Owned Owned
No

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

PAST TOP PICK
DSW Inc(DSW-N) 

June 27, 2018

(A Top Pick March 14/17 Up 40%)  He liked this based on the overall valuation metrics.  This shoe retailer has done well in a sector with stiff competition.  They are expanding internationally, including Dubai.  He does not expect a similar 40% bump, but still likes holding it.  

clothing stores

(A Top Pick March 14/17 Up 40%)  He liked this based on the overall valuation metrics.  This shoe retailer has done well in a sector with stiff competition.  They are expanding internationally, including Dubai.  He does not expect a similar 40% bump, but still likes holding it.  

clothing stores
Kash Pashootan

Sr. VP & P, First Avenue Advisor...

Price Price
$25.980
Owned Owned
Yes

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

TOP PICK

This is a play on the US housing market.  They sell home title insurance.  The stock has fallen by 12% recently on interest rate increase concerns.  He thinks this fear is over blown as real estate pricing is well below 2008 peaks.  It is trading at 11 times earnings.  Yield 3%.  (Analysts’ price target is $65.80)

insurance

This is a play on the US housing market.  They sell home title insurance.  The stock has fallen by 12% recently on interest rate increase concerns.  He thinks this fear is over blown as real estate pricing is well below 2008 peaks.  It is trading at 11 times earnings.  Yield 3%.  (Analysts’ price target is $65.80)

insurance
Kash Pashootan

Sr. VP & P, First Avenue Advisor...

Price Price
$50.530
Owned Owned
Yes

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

Showing 1 to 15 of 713 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.

Successfully Saved Company