N/A

Market. We are coming out of 10 years of financial repression and low interest rates. The two-year treasury actually went over 2% today, the first time since September 2008. Capitalism has been on its back literally for over 10 years. As interest rates move up, that is showing that capitalism is coming back. The market is recognizing that. The last time he was on the show, his fair value for the S&P 500 was around $3100. Now we are getting revisions and a jump up in earnings that we are going to start to see starting next week. Now his fair value for the S&P 500 is over $3200. We are on the verge of a parabolic move.

COMMENT

He’s not really excited about energy, and gets a feeling we are just being manipulated. He likes big cap energy in the US. This closed at $13.29, and his model price is $17.30, a 30% upside. It’s one Canadian stock that actually has a distribution that is actually lower than its income. Thinks it goes higher, but there is so much opportunity in the US, that it’s hard for him to recommend this.

BUY

His model price is right on where it is currently trading. It closed at $54.20, and his model prices $55.10. Big revisions are coming in, especially on the financials. We are seeing higher bond yields, which translates into higher earnings, plus we are coming out of a financial repression and finally getting interest rates up. He thinks financials go materially higher.

BUY

He just had a positive transit this week. The last time he traded this was in 2012. His model price is $79.33, 100% higher than where it is currently trading. This is a cyclical, so these prices really never go to where the fundamentals are. EBV + 3 is $70, which is where he traded in 2011.

COMMENT

Had a negative transit this week of EBV -2, a Sell signal. It’s supposed to earn $.46 this year according to the analysts. The beta on small stocks are going to be substantial compared to large companies. Thinks it’s too early for this stock yet.

DON'T BUY

He wouldn't depend on the dividend. They are only earning $1, if they are lucky. Advertising revenues are going down. Getting hit on all sides including by Netflix. Thinks the dividend will get cut. There is no growth. If they cut the dividend in half, you are still earning 6%, and he thinks the market is anticipating that. He wouldn't buy this here.

HOLD

Paid all of their equity (the BV on their balance sheet) to their investors through buybacks. It has a BV of literally $5, and is trading at $334. He would never sell this, but would let it roll on.

BUY

Since 1 January, this is one that is "coming out of the blue". His last line is $3.79, so that is a Buy signal.

PAST TOP PICK

(A Top Pick Jan 5/17. Down 5%.) Very disappointing. Still struggling and is at EBV-3. As interest rates go up, this should do better.

PAST TOP PICK

(A Top Pick Jan 5/17. Up 28%.) He would continue owning this. Thinks it goes substantially higher. Their earnings are coming out on Tuesday

PAST TOP PICK

(A Top Pick Jan 5/17. Up 3%.) It's amazing. We have seen a huge movement in prices in crude, but haven't really seen that translate into earnings for them. His model price is $85.58, and it closed at $86.93, a -1.5%.

PARTIAL SELL

Sell Take-Two Interactive Software (TTWO-Q) or Electronic Arts (EA-Q)? Why not just sell half of each? Looking at the math, it looks like they both could go higher. They are trading at the same valuation relative to BV.

PARTIAL SELL

Sell Take-Two Interactive Software (TTWO-Q) or Electronic Arts (EA-Q)? Why not just sell half of each? Looking at the math, it looks like they both could go higher. They are trading at the same valuation relative to BV.

COMMENT

Earnings are coming out on Thursday of next week. It closed at $30.66, and his model price is $32.16. He can see this racing up to $32.48. Thinks there is going to be a major dividend increase. He would be very disappointed if they don't at least double their dividend. Next year they are going to earn $2.35.

COMMENT

About 2 or 3 months ago, this got hit by the Amazon affect, and the stock fell to $66, and is now at $79. This has a positive transit of EBV +3, which is a Buy signal. His model price is $100.70, 27% upside. A good price if you are looking at buying this.