Stock Opinions by David Cockfield - Stockchase Experts
WATCH LIST
3085
David Cockfield @

On Stockchase since : Apr 2001

Managing Director at Northland Wealth Management

Reveal Expert Performance

David Cockfield hasn’t left any messages.

You are David Cockfield? Sign up for Market Pro to post messages to your visitors here.


David Cockfield Latest Top Picks...

Stock Opinions by David Cockfield - Stockchase Experts

Signal Opinion Expert Chart
COMMENT
General Market Comment 

January 11, 2019

It's been a good week. The selling was overdone, given record employment levels in the U.S. and other positive indicators. Corrections must happen. He'd like to see a base building, though. As long as there's a momentum happening, he doesn't see a recession, which may happen in 2020--and even that could be too soon. Trump as well as the Democrats have been talking about infrastructure spending, which could extend a positive market. China-US need to reach an agreement; it would benefit both especially China. Both countries are realists and he believes they are working towards an agreement. US Fed Chair Powell should go easy on rate hikes, and it seems like he is now.
0 0 0 0 0
0 comments
It's been a good week. The selling was overdone, given record employment levels in the U.S. and other positive indicators. Corrections must happen. He'd like to see a base building, though. As long as there's a momentum happening, he doesn't see a recession, which may happen in 2020--and even that could be too soon. Trump as well as the Democrats have been talking about infrastructure spending, which could extend a positive market. China-US need to reach an agreement; it would benefit both especially China. Both countries are realists and he believes they are working towards an agreement. US Fed Chair Powell should go easy on rate hikes, and it seems like he is now.
Unknown
0 0 0 0 0
0 comments
David Cockfield

Managing D, Northland Wealth Man...

Price Price
$0.000
Owned Owned
Unknown

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

PARTIAL BUY
Got really hammered in the sell-off. It's likely trading at far below its book value. He doesn't think the US housing slowdown will be as long as others believe. Good value, though it's too speculative for him. Dividend is 4.5%. This got tossed out with the bathwater. Hold or add to it here.
west coast forestry
0 0 0 0 0
0 comments
Got really hammered in the sell-off. It's likely trading at far below its book value. He doesn't think the US housing slowdown will be as long as others believe. Good value, though it's too speculative for him. Dividend is 4.5%. This got tossed out with the bathwater. Hold or add to it here.
west coast forestry
0 0 0 0 0
0 comments
David Cockfield

Managing D, Northland Wealth Man...

Price Price
$2.020
Owned Owned
No

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

BUY
McDonalds(MCD-N) 

January 11, 2019

There's no reason why this sold off, but all stocks sell in a correction. This is a consumer stock, and US consumers with many jobs and rising incomes are in a strong space. MCD will do well. Wage inflation hasn't hit yet, either.
food services
0 0 0 0 0
0 comments
There's no reason why this sold off, but all stocks sell in a correction. This is a consumer stock, and US consumers with many jobs and rising incomes are in a strong space. MCD will do well. Wage inflation hasn't hit yet, either.
food services
0 0 0 0 0
0 comments
David Cockfield

Managing D, Northland Wealth Man...

Price Price
$182.370
Owned Owned
Unknown

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

BUY
Royal Bank(RY-T) 

January 11, 2019

Canadian banks got beaten up--purely psychological and not based on data. This is not a bad time to buy these banks. RY is waking up a little later, getting more aggressive in its strategies.
banks
0 0 0 0 0
0 comments
Canadian banks got beaten up--purely psychological and not based on data. This is not a bad time to buy these banks. RY is waking up a little later, getting more aggressive in its strategies.
banks
0 0 0 0 0
0 comments
David Cockfield

Managing D, Northland Wealth Man...

Price Price
$96.600
Owned Owned
Unknown

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

COMMENT
BCE Inc.(BCE-T) 

January 11, 2019

BCE vs. Telus BCE's growth potential is a little limited vs. Telus. Telus' dividend is okay, but a little lower than BCE's. BCE was one of the few stocks rising when the rest of the market fell. Not a bad idea to also buy Telus. Both are good for cash flow through their dividends. That's why he bought BCE. Telus has a little more growth.
telephone utilities
0 0 0 0 0
0 comments
BCE vs. Telus BCE's growth potential is a little limited vs. Telus. Telus' dividend is okay, but a little lower than BCE's. BCE was one of the few stocks rising when the rest of the market fell. Not a bad idea to also buy Telus. Both are good for cash flow through their dividends. That's why he bought BCE. Telus has a little more growth.
telephone utilities
0 0 0 0 0
0 comments
David Cockfield

Managing D, Northland Wealth Man...

Price Price
$55.490
Owned Owned
Yes

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

COMMENT
Telus Corp(T-T) 

January 11, 2019

BCE vs Telus BCE's growth potential is a little limited vs. Telus. Telus' dividend is okay, but a little lower than BCE's. BCE was one of the few stocks rising when the rest of the market fell. Not a bad idea to also buy Telus. Both are good for cash flow through their dividends. That's why he bought BCE. Telus has a little more growth.
telephone utilities
0 0 0 0 0
0 comments
BCE vs Telus BCE's growth potential is a little limited vs. Telus. Telus' dividend is okay, but a little lower than BCE's. BCE was one of the few stocks rising when the rest of the market fell. Not a bad idea to also buy Telus. Both are good for cash flow through their dividends. That's why he bought BCE. Telus has a little more growth.
telephone utilities
0 0 0 0 0
0 comments
David Cockfield

Managing D, Northland Wealth Man...

Price Price
$45.480
Owned Owned
Unknown

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

PARTIAL BUY
Celestica Inc(CLS-T) 

January 11, 2019

Sold off a lot for no real reason. It's a growth stock that doesn't pay much of a dividend. So in a correction these stocks go down and are volatile. Its prospects are good with a reasonable multiple. Hold or even add to your position.
electrical/electronic
0 0 0 0 0
0 comments
Sold off a lot for no real reason. It's a growth stock that doesn't pay much of a dividend. So in a correction these stocks go down and are volatile. Its prospects are good with a reasonable multiple. Hold or even add to your position.
electrical/electronic
0 0 0 0 0
0 comments
David Cockfield

Managing D, Northland Wealth Man...

Price Price
$12.200
Owned Owned
Unknown

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

BUY
Pembina Pipeline Corp(PPL-T) 

January 11, 2019

A smaller pipeline without cross-provincial problems. It's strictly Alberta, so relatively unharmed by politics. Well-run and has held up very well in this correction. A good stock with a growing dividend. No problems.
pipelines
0 0 0 0 0
0 comments
A smaller pipeline without cross-provincial problems. It's strictly Alberta, so relatively unharmed by politics. Well-run and has held up very well in this correction. A good stock with a growing dividend. No problems.
pipelines
0 0 0 0 0
0 comments
David Cockfield

Managing D, Northland Wealth Man...

Price Price
$43.740
Owned Owned
Unknown

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

BUY
What will happen to this in a recession? The Brookfield group are outstanding. In a recession, these guys won't do as well as they are in. That said, he doesn't see a recession coming. Low-risk, good operators. They haven't made a major mistake over the last few years. Savvy.
management/diversified
0 0 0 0 0
0 comments
What will happen to this in a recession? The Brookfield group are outstanding. In a recession, these guys won't do as well as they are in. That said, he doesn't see a recession coming. Low-risk, good operators. They haven't made a major mistake over the last few years. Savvy.
management/diversified
0 0 0 0 0
0 comments
David Cockfield

Managing D, Northland Wealth Man...

Price Price
$53.970
Owned Owned
Unknown

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

COMMENT
Utilities include telephones, pipelines and power. He owns this for clients who want the dividend, not long-term performance. If interest rates rise, this will likely fall. But he foresees minimal increases coming (2 from the U.S. this year, he thinks), so ZWU will perform flatly.
E.T.F.'s
0 0 0 0 0
0 comments
Utilities include telephones, pipelines and power. He owns this for clients who want the dividend, not long-term performance. If interest rates rise, this will likely fall. But he foresees minimal increases coming (2 from the U.S. this year, he thinks), so ZWU will perform flatly.
E.T.F.'s
0 0 0 0 0
0 comments
David Cockfield

Managing D, Northland Wealth Man...

Price Price
$12.600
Owned Owned
Yes

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

PAST TOP PICK
(A Top Pick Dec 14/17, Down 4%) A good way to play the TSX, but this is down because of bad timing; the TSX was down in 2018.
E.T.F.'s
0 0 0 0 0
0 comments
(A Top Pick Dec 14/17, Down 4%) A good way to play the TSX, but this is down because of bad timing; the TSX was down in 2018.
E.T.F.'s
0 0 0 0 0
0 comments
David Cockfield

Managing D, Northland Wealth Man...

Price Price
$23.750
Owned Owned
Yes

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

PAST TOP PICK
Toronto Dominion(TD-T) 

January 11, 2019

(A Top Pick Dec 14/17, Up 0.4%) His favourite Canadian bank because of its huge investment in the States, which disappointed for a while but has recently picked up.
banks
0 0 0 0 0
0 comments
(A Top Pick Dec 14/17, Up 0.4%) His favourite Canadian bank because of its huge investment in the States, which disappointed for a while but has recently picked up.
banks
0 0 0 0 0
0 comments
David Cockfield

Managing D, Northland Wealth Man...

Price Price
$68.860
Owned Owned
Yes

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

PAST TOP PICK
Norbord Inc(OSB-T) 

January 11, 2019

(A Top Pick Dec 14/17, Up 4%) They paid a special $4 dividend in the past year, but took a major hit right after. Also, US housing eased back; recently housing has come back. He's moderately bullish on U.S. housing. Demand is there, but finding land to build on and to build houses is challenging.
household goods
0 0 0 0 0
0 comments
(A Top Pick Dec 14/17, Up 4%) They paid a special $4 dividend in the past year, but took a major hit right after. Also, US housing eased back; recently housing has come back. He's moderately bullish on U.S. housing. Demand is there, but finding land to build on and to build houses is challenging.
household goods
0 0 0 0 0
0 comments
David Cockfield

Managing D, Northland Wealth Man...

Price Price
$38.940
Owned Owned
Yes

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

STRONG BUY
Visa Inc.(V-N) 

January 11, 2019

A winner. A safe investment. Card companies do well when consumers are and now in the U.S. consumers are really using their cards now. It has sold off, but Visa will come back. It's a good business to be in.
other services
0 0 0 0 0
0 comments
A winner. A safe investment. Card companies do well when consumers are and now in the U.S. consumers are really using their cards now. It has sold off, but Visa will come back. It's a good business to be in.
other services
0 0 0 0 0
0 comments
David Cockfield

Managing D, Northland Wealth Man...

Price Price
$138.060
Owned Owned
Unknown

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

HOLD
Vermillion Inc(VRML-Q) 

January 11, 2019

Mostly oil and mostly in Europe. It's held up well in this oil sell-off, though it got hit recently with the drop in international oil prices. Pays a fine dividend. Certainly hold onto this, but he's cautious about oil prices until they rise into the $60s. Prices are in contango now. A lot depends on Saudi Arabia; they cut back production, oil will leap into the $70s.
Healthcare
0 0 0 0 0
0 comments
Mostly oil and mostly in Europe. It's held up well in this oil sell-off, though it got hit recently with the drop in international oil prices. Pays a fine dividend. Certainly hold onto this, but he's cautious about oil prices until they rise into the $60s. Prices are in contango now. A lot depends on Saudi Arabia; they cut back production, oil will leap into the $70s.
Healthcare
0 0 0 0 0
0 comments
David Cockfield

Managing D, Northland Wealth Man...

Price Price
$0.600
Owned Owned
Yes

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

Showing 1 to 15 of 3,085 entries
Successfully Saved Company
Successfully Saved Company