Brendan Caldwell
President at Caldwell Securities
Member since: Oct '00 · 1225 Opinions
Rating Card
Premium content| All | 
Rating
| 
Big Win
| 
Win
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Neutral
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Loss
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Big Loss
|  |
|---|---|---|---|---|---|---|---|
| 3.95 | 95 31.56% | 67 22.26% | 44 14.62% | 64 21.26% | 31 10.30% | ||
| 1 Month | 3.68 | 6 7.50% | 22 27.50% | 27 33.75% | 25 31.25% | 0 0.00% | |
| 6 Months | 4.07 | 25 32.47% | 20 25.97% | 6 7.79% | 15 19.48% | 11 14.29% | |
| 12 Months | 4.1 | 29 39.73% | 16 21.92% | 8 10.96% | 14 19.18% | 6 8.22% | |
| 2 Years | 3.96 | 26 48.15% | 8 14.81% | 2 3.70% | 9 16.67% | 9 16.67% | |
| 5 Years | 0 | 9 52.94% | 1 5.88% | 1 5.88% | 1 5.88% | 5 29.41% |
Stock Opinions by Brendan Caldwell
If Canada and the US continue to cut interest rates this is a time honoured formula to help the economy. It is easier for businesses to borrow and raise capital so money goes almost entirely into the stock market. Even if the economy doesn't do anything, even if unemployment continues to rise, even if trade relationships deteriorate, lower interest rates will boost markets. If people think we're in a bubble, he doesn't think they've seen anything yet. He continues to like the tech sector where cheap money is available. With lower interest rates he also likes the property re-financing sector in the US as well as life insurance and insurance companies in general.
He owns a number of the bigger companies but not Apple even though he feels pretty sure it will continue to be a dominant player in the cell phone space. However technologies do change. He prefers Amazon and Microsoft in the mega cap space since they should do a little better in the long term.
Even though it has geo-political vulnerability he doesn't think geo-political issues will be an issue over the next one to three years. Although they are a dominant player, whether they continue making chips for the US with its on-shoring push remains to be seen. There is no real incentive for foreign companies to build their businesses in the US.
It is one of their biggest holdings in one of their portfolios and they have owned it for a long time. It has grown by acquisitions and discoveries. The price has been relatively flat but it could be due to move. He also owns TVE, Spartan, etc. He likes the dividend - a company that consistently grows its dividend means it is more likely to outpace the market since it is focused on shareholder returns.
