Latest Expert Opinions

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
April 30, 2015

(A Top Pick April 7/14. Up 15.52%.) He still likes this. It has acted pretty well compared to the market today. Has sort of gone nowhere since the new year, but has formed a base. He would still buy this today.

(A Top Pick April 7/14. Up 15.52%.) He still likes this. It has acted pretty well compared to the market today. Has sort of gone nowhere since the new year, but has formed a base. He would still buy this today.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$48.370
Owned
Yes
COMMENT
COMMENT
April 30, 2015

The one area he would be concerned with is when it gets below the $20 level, because that is going to bring in the $17 support level pretty quickly. The technicals target for this was $25, which it hit, and then rolled right off it beautifully. He would look at getting out at $21. If it gets above $45, then you buy some more.

Corning Inc (GLW-N)
April 30, 2015

The one area he would be concerned with is when it gets below the $20 level, because that is going to bring in the $17 support level pretty quickly. The technicals target for this was $25, which it hit, and then rolled right off it beautifully. He would look at getting out at $21. If it gets above $45, then you buy some more.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$20.930
Owned
Unknown
WAIT
WAIT
April 30, 2015

Technical target hasn’t changed much. It is still calling for a bit lower level at around $32. However, it has registered some positive action as it has broken out. That could be positive in 2 ways. It could be a break away gap, or it could be an exhaustion gap. If you own, you could put a stop loss at around $48 on the basis that it could go back to test the lower level at around $41. He would wait for it to prove itself one way or another or buy it a bit lower.

Technical target hasn’t changed much. It is still calling for a bit lower level at around $32. However, it has registered some positive action as it has broken out. That could be positive in 2 ways. It could be a break away gap, or it could be an exhaustion gap. If you own, you could put a stop loss at around $48 on the basis that it could go back to test the lower level at around $41. He would wait for it to prove itself one way or another or buy it a bit lower.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$49.630
Owned
Unknown
COMMENT
COMMENT
April 30, 2015

Auto parts manufacturer which is well-liked on the street. The chart over the last 12 months shows that it has actually gone nowhere. The stock doesn’t seem to have a direction. A lot of volatility is showing from 2013. If you buy this and are a long-term investor, you are going to have to go through some volatility. The technical target is around $20.

Martinrea (MRE-T)
April 30, 2015

Auto parts manufacturer which is well-liked on the street. The chart over the last 12 months shows that it has actually gone nowhere. The stock doesn’t seem to have a direction. A lot of volatility is showing from 2013. If you buy this and are a long-term investor, you are going to have to go through some volatility. The technical target is around $20.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$12.050
Owned
Unknown
COMMENT
COMMENT
April 30, 2015

Gold is a really interesting idea right now. From a risk/reward perspective, he thinks it is fantastic. It has been beaten down, but there are early signs of consolidation. The pretty big November low is positive. The action following that really shook the investors and probably deflated a lot of the hopes of gold investors. From November on, there is a little nascent trend starting. He thinks the upside is really strong going forward. If he is wrong, the risk/reward is pretty good.

Iamgold Corp (IMG-T)
April 30, 2015

Gold is a really interesting idea right now. From a risk/reward perspective, he thinks it is fantastic. It has been beaten down, but there are early signs of consolidation. The pretty big November low is positive. The action following that really shook the investors and probably deflated a lot of the hopes of gold investors. From November on, there is a little nascent trend starting. He thinks the upside is really strong going forward. If he is wrong, the risk/reward is pretty good.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$2.700
Owned
No
COMMENT
COMMENT
April 30, 2015

This is growth by acquisition. He looked at this, but it was a little too small. Chart shows a gradual upward pitch from last May. Then there were some fundamentals that pushed it higher from December on. It is right on the trend line. It is pretty volatile. The technical target changed a couple days ago and is around $65 now. It is not interesting to him at this time.

This is growth by acquisition. He looked at this, but it was a little too small. Chart shows a gradual upward pitch from last May. Then there were some fundamentals that pushed it higher from December on. It is right on the trend line. It is pretty volatile. The technical target changed a couple days ago and is around $65 now. It is not interesting to him at this time.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$84.600
Owned
No
COMMENT
COMMENT
April 30, 2015

Would you consider Shorting this? Whenever you get one that pays a dividend, it gets a little bit dicey when it comes to Shorting. If this broke above the $14 level, he would say that Shorting would be wrong because something else is going on. Right now, he wouldn’t consider Shorting, but would probably go Long. Just keep your Stops tight.

Would you consider Shorting this? Whenever you get one that pays a dividend, it gets a little bit dicey when it comes to Shorting. If this broke above the $14 level, he would say that Shorting would be wrong because something else is going on. Right now, he wouldn’t consider Shorting, but would probably go Long. Just keep your Stops tight.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$13.110
Owned
Unknown