Daily Stock Opinions — Stockchase
WATCH LIST
Expand All

Latest Expert Opinions Stocks Market Too many ads? Remove ads !


Stelco Holdings Inc.
DON'T BUY
Royal Bank
BUY WEAK
Spin Master Corp
DON'T BUY
Walmart Inc
BUY WEAK
Manulife Financial
DON'T BUY
Microsoft
WAIT
Goldman Sachs
BUY WEAK

Page 1

Next page
Signal Opinion Expert
DON'T BUY
Stelco Holdings Inc.(STLC-T) 

November 20, 2018

Don’t buy now. Mainly because of uncertainty surrounding steel and aluminum tariffs. Canada’s cyclicals have been beaten down, so there could be value, but economic growth will slow somewhat. This would be a value trap.
0 0 0 0 0
0 comments
Don’t buy now. Mainly because of uncertainty surrounding steel and aluminum tariffs. Canada’s cyclicals have been beaten down, so there could be value, but economic growth will slow somewhat. This would be a value trap.
0
0 0 0 0 0
0 comments
Zachary Curry

Chief Oper, Davis-Rea Ltd....

Price Price
$20.290
Owned Owned
Unknown

BUY on WEAKNESS
Royal Bank(RY-T) 

November 20, 2018

Negative push towards Canada from outside (housing levels, debt), and this includes the banks. But he’s positive on Canadian banks, they earn a lot of money. If housing does decline, those profits let banks weather the storm. Trade at good values, good profits, dividends are safe and valuable in times of market volatility. If you have a position already, you can afford to nibble away at it.
banks
0 0 0 0 0
0 comments
Negative push towards Canada from outside (housing levels, debt), and this includes the banks. But he’s positive on Canadian banks, they earn a lot of money. If housing does decline, those profits let banks weather the storm. Trade at good values, good profits, dividends are safe and valuable in times of market volatility. If you have a position already, you can afford to nibble away at it.
banks
0 0 0 0 0
0 comments
Zachary Curry

Chief Oper, Davis-Rea Ltd....

Price Price
$93.620
Owned Owned
Unknown

DON'T BUY
Spin Master Corp(TOY-T) 

November 20, 2018

Buying opportunity? It has some fantastic brands, but subject to fads, which could have a material effect. But he has some concerns such as high valuation for consumer products company, management structure, and Toys R Us issue in the States. Be cautious on this name. You could be seeing some profit taking right now.
0 0 0 0 0
0 comments
Buying opportunity? It has some fantastic brands, but subject to fads, which could have a material effect. But he has some concerns such as high valuation for consumer products company, management structure, and Toys R Us issue in the States. Be cautious on this name. You could be seeing some profit taking right now.
0
0 0 0 0 0
0 comments
Zachary Curry

Chief Oper, Davis-Rea Ltd....

Price Price
$42.330
Owned Owned
No

BUY on WEAKNESS
Walmart Inc(WMT-N) 

November 20, 2018

Making inroads against Amazon. Good earnings, recent acquisition is working. Current pullback is indicative of the market overall. Positive time of year for them. As online becomes a bigger component of sales, that will be reflected in the valuation. A defensive name, a stable investment, so it would go down less in a down market.
department stores
0 0 0 0 0
0 comments
Making inroads against Amazon. Good earnings, recent acquisition is working. Current pullback is indicative of the market overall. Positive time of year for them. As online becomes a bigger component of sales, that will be reflected in the valuation. A defensive name, a stable investment, so it would go down less in a down market.
department stores
0 0 0 0 0
0 comments
Zachary Curry

Chief Oper, Davis-Rea Ltd....

Price Price
$94.160
Owned Owned
Unknown

DON'T BUY
Manulife Financial(MFC-T) 

November 20, 2018

Earnings looked good. They freed up capital for buybacks. Interest rate hikes are positive, but might take time to come through. Product sales are good in Asia, so fundamentally in good shape. Overhang of US lawsuits, which will go on for a while. Negative Canadian bias from outside of Canada. Stock won’t move until things get cleaned up. Prefers the banks.
insurance
0 0 0 0 0
0 comments
Earnings looked good. They freed up capital for buybacks. Interest rate hikes are positive, but might take time to come through. Product sales are good in Asia, so fundamentally in good shape. Overhang of US lawsuits, which will go on for a while. Negative Canadian bias from outside of Canada. Stock won’t move until things get cleaned up. Prefers the banks.
insurance
0 0 0 0 0
0 comments
Zachary Curry

Chief Oper, Davis-Rea Ltd....

Price Price
$21.300
Owned Owned
No

WAIT
Microsoft(MSFT-Q) 

November 20, 2018

Add more? Has hung in fairly well compared to other tech. Viewed as more of a traditional tech company. Well managed. Cloud services are growing. Doing all the right things fundamentally. Tech spend will continue to increase. Sees core businesses growing. If you already own it, hold, but wait to add more and see if it comes down and holds around $95.
computer software/processing
0 0 0 0 0
0 comments
Add more? Has hung in fairly well compared to other tech. Viewed as more of a traditional tech company. Well managed. Cloud services are growing. Doing all the right things fundamentally. Tech spend will continue to increase. Sees core businesses growing. If you already own it, hold, but wait to add more and see if it comes down and holds around $95.
computer software/processing
0 0 0 0 0
0 comments
Zachary Curry

Chief Oper, Davis-Rea Ltd....

Price Price
$101.710
Owned Owned
Yes

BUY on WEAKNESS
Goldman Sachs(GS-N) 

November 20, 2018

Positive on the name. Whenever anything happens in the financial space, Goldman is there. Has more torque than a traditional bank, as its earnings are a bit more leveraged. Keeping money to grow the business instead of returning it to shareholders, a positive. Conservative on loan reserves. Would be looking to add, not exit.
investment companies/funds
0 0 0 0 0
0 comments
Positive on the name. Whenever anything happens in the financial space, Goldman is there. Has more torque than a traditional bank, as its earnings are a bit more leveraged. Keeping money to grow the business instead of returning it to shareholders, a positive. Conservative on loan reserves. Would be looking to add, not exit.
investment companies/funds
0 0 0 0 0
0 comments
Zachary Curry

Chief Oper, Davis-Rea Ltd....

Price Price
$191.340
Owned Owned
Yes

BUY on WEAKNESS
DowDuPont Inc.(DWDP-N) 

November 20, 2018

Recent addition for him. Likes its underlying businesses. Its structure is causing uncertainty, but he sees this as an opportunity going forward. Will be more stalwart than tech stocks. It’s on sale, so an opportunity to add. Sit tight, good things to come with this company.
chemicals
0 0 0 0 0
0 comments
Recent addition for him. Likes its underlying businesses. Its structure is causing uncertainty, but he sees this as an opportunity going forward. Will be more stalwart than tech stocks. It’s on sale, so an opportunity to add. Sit tight, good things to come with this company.
chemicals
0 0 0 0 0
0 comments
Zachary Curry

Chief Oper, Davis-Rea Ltd....

Price Price
$56.370
Owned Owned
Yes

PAST TOP PICK
JP Morgan Chase & Co(JPM-N) 

November 20, 2018

(A Top Pick Feb 14/18, Down 4%) Should be doing well in rising rates, but the return isn’t what he expected. Profits good, returning money to shareholders, investing in technology. Expect good things in US.
Financial Services
0 0 0 0 0
0 comments
(A Top Pick Feb 14/18, Down 4%) Should be doing well in rising rates, but the return isn’t what he expected. Profits good, returning money to shareholders, investing in technology. Expect good things in US.
Financial Services
0 0 0 0 0
0 comments
Zachary Curry

Chief Oper, Davis-Rea Ltd....

Price Price
$108.450
Owned Owned
Yes

PAST TOP PICK
(A Top Pick Feb 14/18, Up 6%) Good holding for a long term investor. Pipeline company for water, infrastructure, toll roads. They tend to buy low, make it better, sell it, and redeploy the money. Yield is 4.5%, and yield is valuable in uncertain markets.
INDUSTRIAL PRODUCTS
0 0 0 0 0
0 comments
(A Top Pick Feb 14/18, Up 6%) Good holding for a long term investor. Pipeline company for water, infrastructure, toll roads. They tend to buy low, make it better, sell it, and redeploy the money. Yield is 4.5%, and yield is valuable in uncertain markets.
INDUSTRIAL PRODUCTS
0 0 0 0 0
0 comments
Zachary Curry

Chief Oper, Davis-Rea Ltd....

Price Price
$51.480
Owned Owned
Yes

PAST TOP PICK
Kelt Exploration(KEL-T) 

November 20, 2018

(A Top Pick Feb 14/18, Down 33%) No good news on Canadian energy since the summer. On the flipside, they’re good fundamentally, more disciplined, paying down debt, balance sheets in good shape. Kelt is doing all the right things for the long term.
oil/gas
0 0 0 0 0
0 comments
(A Top Pick Feb 14/18, Down 33%) No good news on Canadian energy since the summer. On the flipside, they’re good fundamentally, more disciplined, paying down debt, balance sheets in good shape. Kelt is doing all the right things for the long term.
oil/gas
0 0 0 0 0
0 comments
Zachary Curry

Chief Oper, Davis-Rea Ltd....

Price Price
$4.770
Owned Owned
Yes

DON'T BUY
Target Corp(TGT-N) 

November 20, 2018

Stocks that don’t meet expectations or miss slightly get hit hard. Q3 earnings missed. Walmart has a better platform. A tough space overall. Prefers Walmart or Costco, or even Amazon looks compelling.
clothing
0 0 0 0 0
0 comments
Stocks that don’t meet expectations or miss slightly get hit hard. Q3 earnings missed. Walmart has a better platform. A tough space overall. Prefers Walmart or Costco, or even Amazon looks compelling.
clothing
0 0 0 0 0
0 comments
Zachary Curry

Chief Oper, Davis-Rea Ltd....

Price Price
$69.030
Owned Owned
Unknown

DON'T BUY
CVS Health Corp(CVS-N) 

November 20, 2018

Be cautious on this name, especially with the merger, it will take a lot of time to work out. Lots of uncertainty on the US healthcare side. Prefers healthcare equipment to retail, hospitals, or insurance. Size isn’t always your best friend.
specialty stores
0 0 0 0 0
0 comments
Be cautious on this name, especially with the merger, it will take a lot of time to work out. Lots of uncertainty on the US healthcare side. Prefers healthcare equipment to retail, hospitals, or insurance. Size isn’t always your best friend.
specialty stores
0 0 0 0 0
0 comments
Zachary Curry

Chief Oper, Davis-Rea Ltd....

Price Price
$75.520
Owned Owned
Unknown

PARTIAL BUY
Shopify Inc.(SHOP-T) 

November 20, 2018

Canada Post strike will affect retailers. Longer term, things are moving to online, and this company can help small businesses do that. Concerned about the valuation. If they miss earnings, the valuation will compress. If you’re getting in, do it in stages.
0 0 0 0 0
0 comments
Canada Post strike will affect retailers. Longer term, things are moving to online, and this company can help small businesses do that. Concerned about the valuation. If they miss earnings, the valuation will compress. If you’re getting in, do it in stages.
0
0 0 0 0 0
0 comments
Zachary Curry

Chief Oper, Davis-Rea Ltd....

Price Price
$179.340
Owned Owned
Unknown

BUY
Bank of Nova Scotia(BNS-T) 

November 20, 2018

Likes it because it’s been unfairly punished compared to the other banks and is trading at a discount. Doesn’t think EMs are heading into a tailspin, so no reason for the strong selloff. You could add to this name. Dividends are growing.
banks
0 0 0 0 0
0 comments
Likes it because it’s been unfairly punished compared to the other banks and is trading at a discount. Doesn’t think EMs are heading into a tailspin, so no reason for the strong selloff. You could add to this name. Dividends are growing.
banks
0 0 0 0 0
0 comments
Zachary Curry

Chief Oper, Davis-Rea Ltd....

Price Price
$69.670
Owned Owned
Yes

COMMENT
Dollarama Inc.(DOL-T) 

November 20, 2018

Active shortseller creating pressure, plus pricing pressure. Defensive name, but richly valued. Now accept credit cards, greater margins. Chinese tariffs are an overhang. Holiday period is good for them, valuation’s come down. Shortseller’s allegations are pretty serious, and time will tell. Scaled in approach to buying in is recommended.
Consumer Products
0 0 0 0 0
0 comments
Active shortseller creating pressure, plus pricing pressure. Defensive name, but richly valued. Now accept credit cards, greater margins. Chinese tariffs are an overhang. Holiday period is good for them, valuation’s come down. Shortseller’s allegations are pretty serious, and time will tell. Scaled in approach to buying in is recommended.
Consumer Products
0 0 0 0 0
0 comments
Zachary Curry

Chief Oper, Davis-Rea Ltd....

Price Price
$33.840
Owned Owned
Unknown

DON'T BUY
IBM(IBM-N) 

November 20, 2018

There are better tech investments out there. Red Hat was a pricey acquisition, a sign that they need to restart long-term growth. Behind the game in the Cloud. Microsoft, Amazon, and Google, all have a better toehold.
electrical/electronic
0 0 0 0 0
0 comments
There are better tech investments out there. Red Hat was a pricey acquisition, a sign that they need to restart long-term growth. Behind the game in the Cloud. Microsoft, Amazon, and Google, all have a better toehold.
electrical/electronic
0 0 0 0 0
0 comments
Zachary Curry

Chief Oper, Davis-Rea Ltd....

Price Price
$117.200
Owned Owned
No

PARTIAL BUY
Looking at the sector recently. Doesn’t own any now. Waiting to see how interest rates shake out the homebuilders. When interest rates stop rising, affordability tends to be a bit better for the homebuilders. When he gets more clarity on rates, he’d be inclined to add, based on the selloff. It’s a bit early now, but you could start a small position.
E.T.F.'s
0 0 0 0 0
0 comments
Looking at the sector recently. Doesn’t own any now. Waiting to see how interest rates shake out the homebuilders. When interest rates stop rising, affordability tends to be a bit better for the homebuilders. When he gets more clarity on rates, he’d be inclined to add, based on the selloff. It’s a bit early now, but you could start a small position.
E.T.F.'s
0 0 0 0 0
0 comments
Zachary Curry

Chief Oper, Davis-Rea Ltd....

Price Price
$33.980
Owned Owned
No

HOLD
Enbridge(ENB-T) 

November 20, 2018

Enbridge is doing the right things, consolidation, paying down debt, selling non-core assets, Line 3. In this market, starting to see its defensive characteristics hold in well now. Rising rates will have an impact.
oil/gas pipelines
0 0 0 0 0
0 comments
Enbridge is doing the right things, consolidation, paying down debt, selling non-core assets, Line 3. In this market, starting to see its defensive characteristics hold in well now. Rising rates will have an impact.
oil/gas pipelines
0 0 0 0 0
0 comments
Zachary Curry

Chief Oper, Davis-Rea Ltd....

Price Price
$43.940
Owned Owned
Unknown

TOP PICK
Likes that they’re recycling capital and getting higher returns. Likes investment in Brazil which is investment friendly, and a good dividend. Yield is 4.8%. (Analysts’ price target is $60.37)
mngmnt/diversified
0 0 0 0 0
0 comments
Likes that they’re recycling capital and getting higher returns. Likes investment in Brazil which is investment friendly, and a good dividend. Yield is 4.8%. (Analysts’ price target is $60.37)
mngmnt/diversified
0 0 0 0 0
0 comments
Zachary Curry

Chief Oper, Davis-Rea Ltd....

Price Price
$38.670
Owned Owned
Yes

TOP PICK
Apple(AAPL-Q) 

November 20, 2018

It’s on sale. We’ve seen these concerns before. They make good products, people want them. Services side growing at a good clip. Earnings great, good valuation. Positive on the name for the longer term. Yield is 1.6%. (Analysts’ price target is $230.39)
electrical/electronic
0 0 0 0 0
0 comments
It’s on sale. We’ve seen these concerns before. They make good products, people want them. Services side growing at a good clip. Earnings great, good valuation. Positive on the name for the longer term. Yield is 1.6%. (Analysts’ price target is $230.39)
electrical/electronic
0 0 0 0 0
0 comments
Zachary Curry

Chief Oper, Davis-Rea Ltd....

Price Price
$176.980
Owned Owned
Yes

TOP PICK
Stryker Corp.(SYK-N) 

November 20, 2018

His focus on healthcare equipment. Demographically positive. They make artificial knees and hips, and have introduced robots. Has held in well in market uncertainty. Will be developing more and more technologies. Yield is 1.1%. (Analysts’ price target is $185.27)
biotechnology/pharmaceutical
0 0 0 0 0
0 comments
His focus on healthcare equipment. Demographically positive. They make artificial knees and hips, and have introduced robots. Has held in well in market uncertainty. Will be developing more and more technologies. Yield is 1.1%. (Analysts’ price target is $185.27)
biotechnology/pharmaceutical
0 0 0 0 0
0 comments
Zachary Curry

Chief Oper, Davis-Rea Ltd....

Price Price
$165.950
Owned Owned
Yes

BUY
Canada Goose Holdings(GOOS-T) 

November 20, 2018

They blew away earnings recently in a bad market. They're very strong in China--great. The luxury market is boundless there. Their online sales are also strong. That said, he wants to sit back a little more and watch it. But if you believe in it, you could buy it now.
clothing
0 0 0 0 0
0 comments
They blew away earnings recently in a bad market. They're very strong in China--great. The luxury market is boundless there. Their online sales are also strong. That said, he wants to sit back a little more and watch it. But if you believe in it, you could buy it now.
clothing
0 0 0 0 0
0 comments
Mike S. Newton,

Director &, Scotia Wealth Manage...

Price Price
$83.950
Owned Owned
No

SPECULATIVE BUY
Encana Corp(ECA-T) 

November 20, 2018

There's been a lot of volatility in natural gas. ECA has been in the dog-house too long. This entire space (oil, gold, commodities) is too cyclical for his tastes. But ECA now has a good valuation, and as investors sell off America, ECA could benefit from this inflow back into Canadian natural resources.
oil/gas
0 0 0 0 0
0 comments
There's been a lot of volatility in natural gas. ECA has been in the dog-house too long. This entire space (oil, gold, commodities) is too cyclical for his tastes. But ECA now has a good valuation, and as investors sell off America, ECA could benefit from this inflow back into Canadian natural resources.
oil/gas
0 0 0 0 0
0 comments
Mike S. Newton,

Director &, Scotia Wealth Manage...

Price Price
$9.370
Owned Owned
No

COMMENT
Investors are hiding out in utilities. ZWU's covered call mitigates some volatility. (FIE-T is another one he'd look at.) If this ETF performs too well, it means the rest of the market is in trouble. Be careful you don't get suckered into defensive names.
E.T.F.'s
0 0 0 0 0
0 comments
Investors are hiding out in utilities. ZWU's covered call mitigates some volatility. (FIE-T is another one he'd look at.) If this ETF performs too well, it means the rest of the market is in trouble. Be careful you don't get suckered into defensive names.
E.T.F.'s
0 0 0 0 0
0 comments
Mike S. Newton,

Director &, Scotia Wealth Manage...

Price Price
$12.780
Owned Owned
Unknown

BUY
Anticipating them moving into the premium drink space. They're trying to, and are dipping into craft beers like Blue Moon beer. A defensive name that's gone up 12% in the past month. He hasn't owned it in a while, because it's been in a down trend, but it looks interesting now.
breweries/beverages
0 0 0 0 0
0 comments
Anticipating them moving into the premium drink space. They're trying to, and are dipping into craft beers like Blue Moon beer. A defensive name that's gone up 12% in the past month. He hasn't owned it in a while, because it's been in a down trend, but it looks interesting now.
breweries/beverages
0 0 0 0 0
0 comments
Mike S. Newton,

Director &, Scotia Wealth Manage...

Price Price
$64.880
Owned Owned
Unknown

DON'T BUY
BlackBerry(BB-T) 

November 20, 2018

John Chen is making a big move to take BB into the cybersecurity space. During this pulback, he'd rather look at other tech names--or not buy any tech at all.
electrical/electronic
0 0 0 0 0
0 comments
John Chen is making a big move to take BB into the cybersecurity space. During this pulback, he'd rather look at other tech names--or not buy any tech at all.
electrical/electronic
0 0 0 0 0
0 comments
Mike S. Newton,

Director &, Scotia Wealth Manage...

Price Price
$11.530
Owned Owned
No

DON'T BUY
He's down on it. Yield must be around 8.4% now. Don't add new money to this...yet. Wait till the market bounces up.
E.T.F.'s
0 0 0 0 0
0 comments
He's down on it. Yield must be around 8.4% now. Don't add new money to this...yet. Wait till the market bounces up.
E.T.F.'s
0 0 0 0 0
0 comments
Mike S. Newton,

Director &, Scotia Wealth Manage...

Price Price
$14.870
Owned Owned
Yes

SELL
A T & T US(T-N) 

November 20, 2018

He'd read a negative report about ATT. Their debt puts them in some danger. Look at Verizon or T-Mobile or Vodafone instead, because they are less levered.
Telecommunications
0 0 0 0 0
0 comments
He'd read a negative report about ATT. Their debt puts them in some danger. Look at Verizon or T-Mobile or Vodafone instead, because they are less levered.
Telecommunications
0 0 0 0 0
0 comments
Mike S. Newton,

Director &, Scotia Wealth Manage...

Price Price
$29.420
Owned Owned
Unknown

BUY
Square Inc(SQ-N) 

November 20, 2018

Amazing name. It'll be one of the first tech names he'd return to when he buys again. He sold his shares, but still earned a gain. Square is trying to penetrate underdeveloped countries. It's gaining a market hold and doing very well, but it's in a very bad market now. In the States, Square is everywhere, more so than in Canada.
0 0 0 0 0
0 comments
Amazing name. It'll be one of the first tech names he'd return to when he buys again. He sold his shares, but still earned a gain. Square is trying to penetrate underdeveloped countries. It's gaining a market hold and doing very well, but it's in a very bad market now. In the States, Square is everywhere, more so than in Canada.
0
0 0 0 0 0
0 comments
Mike S. Newton,

Director &, Scotia Wealth Manage...

Price Price
$61.820
Owned Owned
No

DON'T BUY
Bank of America(BAC-N) 

November 20, 2018

The US banks are one of the better parts of the market now, but there's also concern about Goldman Sachs' leverage sheet which casts a shadow over this entire space. He won't make any big moves here. He prefers JP Morgan, then BAC second. Sit tight and wait until the downward trend reverses. This could fall further to $26.
banks
0 0 0 0 0
0 comments
The US banks are one of the better parts of the market now, but there's also concern about Goldman Sachs' leverage sheet which casts a shadow over this entire space. He won't make any big moves here. He prefers JP Morgan, then BAC second. Sit tight and wait until the downward trend reverses. This could fall further to $26.
banks
0 0 0 0 0
0 comments
Mike S. Newton,

Director &, Scotia Wealth Manage...

Price Price
$27.380
Owned Owned
Unknown

WAIT
Apple(AAPL-Q) 

November 20, 2018

He loves their products and services, but was always worried that Apple is just its iPhone. Markets aren't happy that Apple won't disclose iPhone saes anymore. However, services are a big part of their business, and the Apple Watch he expects will enjoy more sales. When we stop talking about the FANG stocks, that's the time to buy these stocks. He has always owned this stock.
electrical/electronic
0 0 0 0 0
0 comments
He loves their products and services, but was always worried that Apple is just its iPhone. Markets aren't happy that Apple won't disclose iPhone saes anymore. However, services are a big part of their business, and the Apple Watch he expects will enjoy more sales. When we stop talking about the FANG stocks, that's the time to buy these stocks. He has always owned this stock.
electrical/electronic
0 0 0 0 0
0 comments
Mike S. Newton,

Director &, Scotia Wealth Manage...

Price Price
$176.980
Owned Owned
Yes

WAIT
JP Morgan Chase & Co(JPM-N) 

November 20, 2018

The US banks are interesting, but the market is terrible now. Wait. This stock is doing well for him. The US banks should do well as interest rates rise. You can continue to buy this.
Financial Services
0 0 0 0 0
0 comments
The US banks are interesting, but the market is terrible now. Wait. This stock is doing well for him. The US banks should do well as interest rates rise. You can continue to buy this.
Financial Services
0 0 0 0 0
0 comments
Mike S. Newton,

Director &, Scotia Wealth Manage...

Price Price
$108.450
Owned Owned
Yes

BUY
As the name says, it's low-vol. True, it underperforms in a strong bull market, but it's stable and overall does very well. ZLU is up 9% this year. You can sleep at night owning this. He's long owned this.
E.T.F.'s
0 0 0 0 0
0 comments
As the name says, it's low-vol. True, it underperforms in a strong bull market, but it's stable and overall does very well. ZLU is up 9% this year. You can sleep at night owning this. He's long owned this.
E.T.F.'s
0 0 0 0 0
0 comments
Mike S. Newton,

Director &, Scotia Wealth Manage...

Price Price
$33.710
Owned Owned
Yes

WAIT
Amazon.com(AMZN-Q) 

November 20, 2018

He never found this expensive. It's a revenue machine that will continue. He's always owned it. Now what's happening is an unwind of too many people owning it. Remember that Amazon has had steep sell-offs in its history. Don't get in now. He's reduced his position. He still believes in it. Wait till it bounces up again.
specialty stores
0 0 0 0 0
0 comments
He never found this expensive. It's a revenue machine that will continue. He's always owned it. Now what's happening is an unwind of too many people owning it. Remember that Amazon has had steep sell-offs in its history. Don't get in now. He's reduced his position. He still believes in it. Wait till it bounces up again.
specialty stores
0 0 0 0 0
0 comments
Mike S. Newton,

Director &, Scotia Wealth Manage...

Price Price
$1495.460
Owned Owned
Yes

WEAK BUY
Dollarama Inc.(DOL-T) 

November 20, 2018

He exited. Same-stores sales were a big worry as were their rush to open new stores. Recently, a short report was negative and hit the stock. Usually, investors flock to DOL-T as a defensive stock. But, it's fallen so far it's worth looking at now.
Consumer Products
0 0 0 0 0
0 comments
He exited. Same-stores sales were a big worry as were their rush to open new stores. Recently, a short report was negative and hit the stock. Usually, investors flock to DOL-T as a defensive stock. But, it's fallen so far it's worth looking at now.
Consumer Products
0 0 0 0 0
0 comments
Mike S. Newton,

Director &, Scotia Wealth Manage...

Price Price
$33.840
Owned Owned
No

TOP PICK
CME Group Inc.(CME-O) 

November 20, 2018

It's holding its highs. They run the world's largest options and futures trading, based in the US. Their volume of trade spikes up in times of market volatility and uncertainty, like now. They're growing a lot in Asia. Their Q2 was their best ever, with 15% revenue rise and 35% profit increase. (Analysts’ price target is $191.14)
0 0 0 0 0
0 comments
It's holding its highs. They run the world's largest options and futures trading, based in the US. Their volume of trade spikes up in times of market volatility and uncertainty, like now. They're growing a lot in Asia. Their Q2 was their best ever, with 15% revenue rise and 35% profit increase. (Analysts’ price target is $191.14)
0
0 0 0 0 0
0 comments
Mike S. Newton,

Director &, Scotia Wealth Manage...

Price Price
$0.000
Owned Owned
Yes

TOP PICK
Ecolab Inc.(ECL-N) 

November 20, 2018

Well-positioned to take advantage of the convergence of population growth, resource volatility and rapid industrialization in the world. They're in water, hygiene and some energy services. The Gates own 12% of the company. High recurring revenues. A healthy balance sheet. (Analysts’ price target is $156.06)
contractors
0 0 0 0 0
0 comments
Well-positioned to take advantage of the convergence of population growth, resource volatility and rapid industrialization in the world. They're in water, hygiene and some energy services. The Gates own 12% of the company. High recurring revenues. A healthy balance sheet. (Analysts’ price target is $156.06)
contractors
0 0 0 0 0
0 comments
Mike S. Newton,

Director &, Scotia Wealth Manage...

Price Price
$156.060
Owned Owned
Yes

TOP PICK
Visa Inc.(V-N) 

November 20, 2018

A lot of growth here. They've adapted very well to technology payments, like tapping credits cards. It's safe hiding here during the current correction. They're also involved in B2B connect (blockchain). A trusted, go-to name in the payments space. (Analysts’ price target is $163.28)
other services
0 0 0 0 0
0 comments
A lot of growth here. They've adapted very well to technology payments, like tapping credits cards. It's safe hiding here during the current correction. They're also involved in B2B connect (blockchain). A trusted, go-to name in the payments space. (Analysts’ price target is $163.28)
other services
0 0 0 0 0
0 comments
Mike S. Newton,

Director &, Scotia Wealth Manage...

Price Price
$133.370
Owned Owned
Yes

PAST TOP PICK
Home Depot(HD-N) 

November 20, 2018

(A Top Pick Dec 05/17, Down 6%) He has long owned it, but got stopped out of it recently. It's trading at 17.5x PE but in 2008 it was 10x, so not good. Rising mortgage rises and the incentives of home ownership are starting to wear off. He'll return to this when the market recovers. It's 21% off its high, not great.
specialty stores
0 0 0 0 0
0 comments
(A Top Pick Dec 05/17, Down 6%) He has long owned it, but got stopped out of it recently. It's trading at 17.5x PE but in 2008 it was 10x, so not good. Rising mortgage rises and the incentives of home ownership are starting to wear off. He'll return to this when the market recovers. It's 21% off its high, not great.
specialty stores
0 0 0 0 0
0 comments
Mike S. Newton,

Director &, Scotia Wealth Manage...

Price Price
$169.050
Owned Owned
No

PAST TOP PICK
Franco-Nevada Corp.(FNV-T) 

November 20, 2018

(A Top Pick Dec 05/17, Down 7%) It's up 6% in the last month. Investors are waiting for gold to break out of its range, held back by a hawkish Fed and strong US dollar, and FNV would benefit. He could add to his position now. The US dollar remains too strong, a headwind.
precious metals
0 0 0 0 0
0 comments
(A Top Pick Dec 05/17, Down 7%) It's up 6% in the last month. Investors are waiting for gold to break out of its range, held back by a hawkish Fed and strong US dollar, and FNV would benefit. He could add to his position now. The US dollar remains too strong, a headwind.
precious metals
0 0 0 0 0
0 comments
Mike S. Newton,

Director &, Scotia Wealth Manage...

Price Price
$91.000
Owned Owned
Yes

PAST TOP PICK
Digital Realty Trust(DLR-N) 

November 20, 2018

(A Top Pick Dec 05/17, Down 1%) Got stopped out of this. Been flat in the past month. They own over 150 data centres near clients like Facebook. Pays a 3.73% dividend. He will likely return to this after the market lifts.
Financial Services
0 0 0 0 0
0 comments
(A Top Pick Dec 05/17, Down 1%) Got stopped out of this. Been flat in the past month. They own over 150 data centres near clients like Facebook. Pays a 3.73% dividend. He will likely return to this after the market lifts.
Financial Services
0 0 0 0 0
0 comments
Mike S. Newton,

Director &, Scotia Wealth Manage...

Price Price
$108.000
Owned Owned
No

BUY
ZPR-T vs. ZWC-T vs. ZWU-T. He likes ZWU-T and ZWC-T for the covered calls. ZPR-T is reset preferreds. They reset. There is an expectation that BOC will be less aggressive with interest rates so we are seeing pressure on these. The lower it gets the more he likes it. He feels it will appreciate next year.
E.T.F.'s
0 0 0 0 0
0 comments
ZPR-T vs. ZWC-T vs. ZWU-T. He likes ZWU-T and ZWC-T for the covered calls. ZPR-T is reset preferreds. They reset. There is an expectation that BOC will be less aggressive with interest rates so we are seeing pressure on these. The lower it gets the more he likes it. He feels it will appreciate next year.
E.T.F.'s
0 0 0 0 0
0 comments
Larry Berman CF

Chief Inve, ETF Capital Manageme...

Price Price
$10.860
Owned Owned
Unknown

COMMENT
ZPR-T vs. ZWC-T vs. ZWU-T. He likes ZWU-T and ZWC-T for the covered calls. ZPR-T is reset preferreds. They reset. There is an expectation that BOC will be less aggressive with interest rates so we are seeing pressure on these. The lower it gets the more he likes it. He feels it will appreciate next year.
E.T.F.'s
0 0 0 0 0
0 comments
ZPR-T vs. ZWC-T vs. ZWU-T. He likes ZWU-T and ZWC-T for the covered calls. ZPR-T is reset preferreds. They reset. There is an expectation that BOC will be less aggressive with interest rates so we are seeing pressure on these. The lower it gets the more he likes it. He feels it will appreciate next year.
E.T.F.'s
0 0 0 0 0
0 comments
Larry Berman CF

Chief Inve, ETF Capital Manageme...

Price Price
$18.440
Owned Owned
Unknown

COMMENT
ZPR-T vs. ZWC-T vs. ZWU-T. He likes ZWU-T and ZWC-T for the covered calls. ZPR-T is reset preferreds. They reset. There is an expectation that BOC will be less aggressive with interest rates so we are seeing pressure on these. The lower it gets the more he likes it. He feels it will appreciate next year.`
E.T.F.'s
0 0 0 0 0
0 comments
ZPR-T vs. ZWC-T vs. ZWU-T. He likes ZWU-T and ZWC-T for the covered calls. ZPR-T is reset preferreds. They reset. There is an expectation that BOC will be less aggressive with interest rates so we are seeing pressure on these. The lower it gets the more he likes it. He feels it will appreciate next year.`
E.T.F.'s
0 0 0 0 0
0 comments
Larry Berman CF

Chief Inve, ETF Capital Manageme...

Price Price
$12.910
Owned Owned
Unknown

DON'T BUY
It is the broad Canadian bond market. It is not a great holding. You want floating rate notes. HFR-T is a better bet. ZST-T does this in Canada.
E.T.F.'s
0 0 0 0 0
0 comments
It is the broad Canadian bond market. It is not a great holding. You want floating rate notes. HFR-T is a better bet. ZST-T does this in Canada.
E.T.F.'s
0 0 0 0 0
0 comments
Larry Berman CF

Chief Inve, ETF Capital Manageme...

Price Price
$24.580
Owned Owned
Unknown

BUY
BMO US Put Write ETF.(ZPW-T) 

November 19, 2018

ZPW-T vs. ZWH-T. If you can afford to stay in cash and wait for markets to correct, it is preferable. He uses ZPW-T and ZWH-T as well as ZLU-T to hold his exposure to the equity market. They will fall much less than the S&P. They are not risk free.
E.T.F.'s
0 0 0 0 0
0 comments
ZPW-T vs. ZWH-T. If you can afford to stay in cash and wait for markets to correct, it is preferable. He uses ZPW-T and ZWH-T as well as ZLU-T to hold his exposure to the equity market. They will fall much less than the S&P. They are not risk free.
E.T.F.'s
0 0 0 0 0
0 comments
Larry Berman CF

Chief Inve, ETF Capital Manageme...

Price Price
$17.480
Owned Owned
Yes

BUY
ZPW-T vs. ZWH-T If you can afford to stay in cash and wait for markets to correct, it is preferable. He uses ZPW-T and ZWH-T as well as ZLU-T to hold his exposure to the equity market. They will fall much less than the S&P. They are not risk free.
0 0 0 0 0
0 comments
ZPW-T vs. ZWH-T If you can afford to stay in cash and wait for markets to correct, it is preferable. He uses ZPW-T and ZWH-T as well as ZLU-T to hold his exposure to the equity market. They will fall much less than the S&P. They are not risk free.
0
0 0 0 0 0
0 comments
Larry Berman CF

Chief Inve, ETF Capital Manageme...

Price Price
$20.290
Owned Owned
Yes

BUY
ZPW-T vs. ZWH-T. If you can afford to stay in cash and wait for markets to correct, it is preferable. He uses ZPW-T and ZWH-T as well as ZLU-T to hold his exposure to the equity market. They will fall much less than the S&P. They are not risk free.
E.T.F.'s
0 0 0 0 0
0 comments
ZPW-T vs. ZWH-T. If you can afford to stay in cash and wait for markets to correct, it is preferable. He uses ZPW-T and ZWH-T as well as ZLU-T to hold his exposure to the equity market. They will fall much less than the S&P. They are not risk free.
E.T.F.'s
0 0 0 0 0
0 comments
Larry Berman CF

Chief Inve, ETF Capital Manageme...

Price Price
$33.900
Owned Owned
Yes

BUY
Canadian Banks, BAC-N. See his educational segment today on Canadian banks. The US banks will make weaker lows before new highs. He is long on KRE-T (US Banks).
E.T.F.'s
0 0 0 0 0
0 comments
Canadian Banks, BAC-N. See his educational segment today on Canadian banks. The US banks will make weaker lows before new highs. He is long on KRE-T (US Banks).
E.T.F.'s
0 0 0 0 0
0 comments
Larry Berman CF

Chief Inve, ETF Capital Manageme...

Price Price
$54.900
Owned Owned
Yes

DON'T BUY
ZJK-T vs. ZHY-T. High yield is a sexy name for junk bonds. They are the worst quality bonds. In a downturn these companies will not be able to pay back their bond holders first. If equities fall 20%, high yield bonds fall 13%. There is more risk for a portfolio.
E.T.F.'s
0 0 0 0 0
0 comments
ZJK-T vs. ZHY-T. High yield is a sexy name for junk bonds. They are the worst quality bonds. In a downturn these companies will not be able to pay back their bond holders first. If equities fall 20%, high yield bonds fall 13%. There is more risk for a portfolio.
E.T.F.'s
0 0 0 0 0
0 comments
Larry Berman CF

Chief Inve, ETF Capital Manageme...

Price Price
$19.570
Owned Owned
Unknown

DON'T BUY
ZJK-T vs. ZHY-T. High yield is a sexy name for junk bonds. They are the worst quality bonds. In a downturn these companies will not be able to pay back their bond holders first. If equities fall 20%, high yield bonds fall 13%. There is more risk for a portfolio.
E.T.F.'s
0 0 0 0 0
0 comments
ZJK-T vs. ZHY-T. High yield is a sexy name for junk bonds. They are the worst quality bonds. In a downturn these companies will not be able to pay back their bond holders first. If equities fall 20%, high yield bonds fall 13%. There is more risk for a portfolio.
E.T.F.'s
0 0 0 0 0
0 comments
Larry Berman CF

Chief Inve, ETF Capital Manageme...

Price Price
$13.280
Owned Owned
Unknown

WATCH
STEP Energy Services(STEP-T) 

November 19, 2018

There is a battle for market share in Alberta. They are trying to keep their crews busy. There will be a shortage of manpower in the second quarter. They are in a fight with TCW-T. They are both 50-70% down. STEP has 50% debt and it is justified by the equipment. He is looking at it as a name he would look at going forward. Tax loss selling lasts into December.
Energy
0 0 0 0 0
0 comments
There is a battle for market share in Alberta. They are trying to keep their crews busy. There will be a shortage of manpower in the second quarter. They are in a fight with TCW-T. They are both 50-70% down. STEP has 50% debt and it is justified by the equipment. He is looking at it as a name he would look at going forward. Tax loss selling lasts into December.
Energy
0 0 0 0 0
0 comments
Josef Schachter

President, Schachter Asset Mana...

Price Price
$2.780
Owned Owned
Unknown

BUY
Cequence Energy Ltd.(CQE-T) 

November 19, 2018

It is a junior company at about $0.70 so he does not talk about it on the show. The book value is $6.50. It was a dry natural gas producer. They are now drilling two oil wells (light oil and liquids). The stock is very cheap here.
oil/gas
0 0 0 0 0
0 comments
It is a junior company at about $0.70 so he does not talk about it on the show. The book value is $6.50. It was a dry natural gas producer. They are now drilling two oil wells (light oil and liquids). The stock is very cheap here.
oil/gas
0 0 0 0 0
0 comments
Josef Schachter

President, Schachter Asset Mana...

Price Price
$0.750
Owned Owned
_N/A

BUY
Tourmaline Oil Corp(TOU-T) 

November 19, 2018

Management are significant shareholders of the company. Debt is only 18%. This summer was the one time you could buy this one under book value. You buy the assets at a 25% discount to what it cost them to build it. They are moving more towards liquids and building facilities for them. (Guest's target: $34.00)
oil/gas
0 0 0 0 0
0 comments
Management are significant shareholders of the company. Debt is only 18%. This summer was the one time you could buy this one under book value. You buy the assets at a 25% discount to what it cost them to build it. They are moving more towards liquids and building facilities for them. (Guest's target: $34.00)
oil/gas
0 0 0 0 0
0 comments
Josef Schachter

President, Schachter Asset Mana...

Price Price
$20.010
Owned Owned
Unknown

DON'T BUY
Obsidian Energy(OBE-T) 

November 19, 2018

The company has 19% debt and not a bad balance sheet, in his opinion. Book value is $3.90. It is not on his coverage list because they dropped production in their third quarter. They are spending money and not producing the assets they had before. However, this one is cheap.
oil/gas
0 0 0 0 0
0 comments
The company has 19% debt and not a bad balance sheet, in his opinion. Book value is $3.90. It is not on his coverage list because they dropped production in their third quarter. They are spending money and not producing the assets they had before. However, this one is cheap.
oil/gas
0 0 0 0 0
0 comments
Josef Schachter

President, Schachter Asset Mana...

Price Price
$0.800
Owned Owned
Unknown

BUY
Birchcliff Energy Ltd.(BIR-T) 

November 19, 2018

BIR-T vs. CR-T. BIR-T has much larger production than CR-T. BIR-T is a large cap vs. CR-T being a small cap. He likes both companies and owns them. He does not have a preferred one.
oil/gas
0 0 0 0 0
0 comments
BIR-T vs. CR-T. BIR-T has much larger production than CR-T. BIR-T is a large cap vs. CR-T being a small cap. He likes both companies and owns them. He does not have a preferred one.
oil/gas
0 0 0 0 0
0 comments
Josef Schachter

President, Schachter Asset Mana...

Price Price
$4.130
Owned Owned
Yes

BUY
Crew Energy Inc.(CR-T) 

November 19, 2018

BIR-T vs. CR-T. BIR-T has much larger production than CR-T. BIR-T is a large cap vs. CR-T being a small cap. He likes both companies and owns them. He does not have a preferred one.
oil/gas
0 0 0 0 0
0 comments
BIR-T vs. CR-T. BIR-T has much larger production than CR-T. BIR-T is a large cap vs. CR-T being a small cap. He likes both companies and owns them. He does not have a preferred one.
oil/gas
0 0 0 0 0
0 comments
Josef Schachter

President, Schachter Asset Mana...

Price Price
$1.240
Owned Owned
Yes

PAST TOP PICK
SDX Energy Inc(SDX-X) 

November 19, 2018

(A Top Pick Nov 09/17, Down 15%) They have not reported Q3 yet. He likes the company. Their volumes were up in Q3. They are based in London with a Canadian operating team. He sees a lot more production by year-end. They have no debt. He is adding to his position.
oil/gas
0 0 0 0 0
0 comments
(A Top Pick Nov 09/17, Down 15%) They have not reported Q3 yet. He likes the company. Their volumes were up in Q3. They are based in London with a Canadian operating team. He sees a lot more production by year-end. They have no debt. He is adding to his position.
oil/gas
0 0 0 0 0
0 comments
Josef Schachter

President, Schachter Asset Mana...

Price Price
$0.760
Owned Owned
Yes

PAST TOP PICK
(A Top Pick Nov 09/17, Down 66%) This is a very cheap stock. This company has the ability to ramp up production significantly. They are NOT going under. The book value is about $11. He keeps on adding to the position. It will be double digit within 3 years.
oil/gas
0 0 0 0 0
0 comments
(A Top Pick Nov 09/17, Down 66%) This is a very cheap stock. This company has the ability to ramp up production significantly. They are NOT going under. The book value is about $11. He keeps on adding to the position. It will be double digit within 3 years.
oil/gas
0 0 0 0 0
0 comments
Josef Schachter

President, Schachter Asset Mana...

Price Price
$1.140
Owned Owned
Yes

PAST TOP PICK
Trinidad Drilling Ltd(TDG-T) 

November 19, 2018

(A Top Pick Nov 09/17, Down 2%) A company is trying to buy them. They are the biggest driller in Canada. If we are having a recovery, you will get double the return in PD-T shares. He recommends accepting the deal.
oil/gas field services
0 0 0 0 0
0 comments
(A Top Pick Nov 09/17, Down 2%) A company is trying to buy them. They are the biggest driller in Canada. If we are having a recovery, you will get double the return in PD-T shares. He recommends accepting the deal.
oil/gas field services
0 0 0 0 0
0 comments
Josef Schachter

President, Schachter Asset Mana...

Price Price
$1.670
Owned Owned
Yes

BUY
Suncor Energy Inc(SU-T) 

November 19, 2018

This company is throwing off cash like crazy. They have historically raised the dividend. They are down because of differentials. It is getting very cheap. The total return story is attractive. It is probably the best of all the names on the list.
integrated oils
0 0 0 0 0
0 comments
This company is throwing off cash like crazy. They have historically raised the dividend. They are down because of differentials. It is getting very cheap. The total return story is attractive. It is probably the best of all the names on the list.
integrated oils
0 0 0 0 0
0 comments
Josef Schachter

President, Schachter Asset Mana...

Price Price
$43.180
Owned Owned
Unknown

BUY
Petrus Resources Ltd(PRQ-T) 

November 19, 2018

A small cap. Book value is $2.56. They are focused on only two plays. He likes the company. It is a cheap stock. They generated cash flow in the quarter. (Guest's target: $2.00).
oil/gas
0 0 0 0 0
0 comments
A small cap. Book value is $2.56. They are focused on only two plays. He likes the company. It is a cheap stock. They generated cash flow in the quarter. (Guest's target: $2.00).
oil/gas
0 0 0 0 0
0 comments
Josef Schachter

President, Schachter Asset Mana...

Price Price
$0.790
Owned Owned
Yes

WATCH
Blackbird Energy Inc(BBI-X) 

November 19, 2018

They are merging with Pipestone Oil. They are bringing on production at the beginning of 2019. He likes the company. He may upgrade to a buy today.
Energy
0 0 0 0 0
0 comments
They are merging with Pipestone Oil. They are bringing on production at the beginning of 2019. He likes the company. He may upgrade to a buy today.
Energy
0 0 0 0 0
0 comments
Josef Schachter

President, Schachter Asset Mana...

Price Price
$0.235
Owned Owned
Unknown

WAIT
The utilization rate in the US is under duress. They slowed drilling in Q4. This stock is very cheap. The balance sheet is good. Book value is $3.27 and the stocks trades less than half that. The company has been buying back shares. You have to wait for the turn in the cycle. Buy it during tax loss season.
oil/gas field services
0 0 0 0 0
0 comments
The utilization rate in the US is under duress. They slowed drilling in Q4. This stock is very cheap. The balance sheet is good. Book value is $3.27 and the stocks trades less than half that. The company has been buying back shares. You have to wait for the turn in the cycle. Buy it during tax loss season.
oil/gas field services
0 0 0 0 0
0 comments
Josef Schachter

President, Schachter Asset Mana...

Price Price
$1.360
Owned Owned
Unknown

DON'T BUY
Book value is $9.99. Volumes came down because they shut in some dry gas. The stock has been decimated. He prefers other names to this one.
oil/gas
0 0 0 0 0
0 comments
Book value is $9.99. Volumes came down because they shut in some dry gas. The stock has been decimated. He prefers other names to this one.
oil/gas
0 0 0 0 0
0 comments
Josef Schachter

President, Schachter Asset Mana...

Price Price
$11.500
Owned Owned
Unknown

BUY
InPlay Oil Corp(IPO-T) 

November 19, 2018

29% debt to book value. $2.81 is their book value. He thinks they will increase production in the fourth quarter. (Guest's target: $2.50).
Energy
0 0 0 0 0
0 comments
29% debt to book value. $2.81 is their book value. He thinks they will increase production in the fourth quarter. (Guest's target: $2.50).
Energy
0 0 0 0 0
0 comments
Josef Schachter

President, Schachter Asset Mana...

Price Price
$1.210
Owned Owned
Yes

DON'T BUY
Baytex Energy Corp(BTE-T) 

November 19, 2018

He has a problem with this one. Debt went up from 17 to 1.9 or 88% debt to equity ratio. Third of production is heavy oil. The CEO does not own enough shares in the company.
oil/gas
0 0 0 0 0
0 comments
He has a problem with this one. Debt went up from 17 to 1.9 or 88% debt to equity ratio. Third of production is heavy oil. The CEO does not own enough shares in the company.
oil/gas
0 0 0 0 0
0 comments
Josef Schachter

President, Schachter Asset Mana...

Price Price
$2.580
Owned Owned
Unknown

TOP PICK
Dividend over 7%. They are going to sell about 50,000 barrels a day to knock debt off by $1 billion. It will strengthen the balance sheet. Book value is $16.70. (Analysts’ price target is $11.60)
oil/gas
0 0 0 0 0
0 comments
Dividend over 7%. They are going to sell about 50,000 barrels a day to knock debt off by $1 billion. It will strengthen the balance sheet. Book value is $16.70. (Analysts’ price target is $11.60)
oil/gas
0 0 0 0 0
0 comments
Josef Schachter

President, Schachter Asset Mana...

Price Price
$4.960
Owned Owned
No

TOP PICK
Surge Energy Inc(SGY-T) 

November 19, 2018

Dividend is almost 6%. They made a recent acquisition and if the price of energy goes back up they can think about a dividend increase. It could be a double or a triple. (Analysts’ price target is $3.35)
oil/gas
0 0 0 0 0
0 comments
Dividend is almost 6%. They made a recent acquisition and if the price of energy goes back up they can think about a dividend increase. It could be a double or a triple. (Analysts’ price target is $3.35)
oil/gas
0 0 0 0 0
0 comments
Josef Schachter

President, Schachter Asset Mana...

Price Price
$1.740
Owned Owned
Yes

TOP PICK
Vermilion Energy Inc(VET-T) 

November 19, 2018

The 8.4% dividend that is secure. This is a very, very cheap stock. The dividend allows lots of time to resolve all the issues. (Analysts’ price target is $52.53)
oil/gas
0 0 0 0 0
0 comments
The 8.4% dividend that is secure. This is a very, very cheap stock. The dividend allows lots of time to resolve all the issues. (Analysts’ price target is $52.53)
oil/gas
0 0 0 0 0
0 comments
Josef Schachter

President, Schachter Asset Mana...

Price Price
$33.590
Owned Owned
Yes

BUY
Suncor Energy Inc(SU-T) 

November 19, 2018

He doesn't like the energy space, but this is among the best in this sector. Integrated, and well-run, with an upstream and a downstream business. They have more than one way to make money. Boast a solid balance sheet. Good dividend. We are close to the bottom of pessimism about Canadian oil. He's confident about the new CEO.
integrated oils
0 0 0 0 0
0 comments
He doesn't like the energy space, but this is among the best in this sector. Integrated, and well-run, with an upstream and a downstream business. They have more than one way to make money. Boast a solid balance sheet. Good dividend. We are close to the bottom of pessimism about Canadian oil. He's confident about the new CEO.
integrated oils
0 0 0 0 0
0 comments
Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$43.180
Owned Owned
No

DON'T BUY
Bank of Nova Scotia(BNS-T) 

November 19, 2018

Not his favourite among Canadian banks, because of its Latin American exposure, which is risky. Well-run though, and the Canadian banks are an oligopoly. Overall, the Canadian banks have performed lacklustre this year. He prefers TD and RY.
banks
0 0 0 0 0
0 comments
Not his favourite among Canadian banks, because of its Latin American exposure, which is risky. Well-run though, and the Canadian banks are an oligopoly. Overall, the Canadian banks have performed lacklustre this year. He prefers TD and RY.
banks
0 0 0 0 0
0 comments
Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$70.760
Owned Owned
No

TOP PICK
Information Services(ISV-T) 

November 19, 2018

A dominant land registry business with a contract with the Saskatchewan government lasting 15 years. Their technology division provides registry software around the globe. Also have a services business to supply info to corporations. High barriers to entry and generates a lot of free cash flow. Trades at a discount valuation. 5% dividend. A steady business. (Analysts’ price target is $22.00)
0 0 0 0 0
0 comments
A dominant land registry business with a contract with the Saskatchewan government lasting 15 years. Their technology division provides registry software around the globe. Also have a services business to supply info to corporations. High barriers to entry and generates a lot of free cash flow. Trades at a discount valuation. 5% dividend. A steady business. (Analysts’ price target is $22.00)
0
0 0 0 0 0
0 comments
Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$16.150
Owned Owned
Yes

TOP PICK
Has owned it for over a year. They started with BC casino and have expanded to Ontario. They almost have a gambling monopoly in Toronto for 20 years with developments in the Woodbine Casino and in Durham. Good demand here for gambling. (Analysts’ price target is $59.00)
entertainment services
0 0 0 0 0
0 comments
Has owned it for over a year. They started with BC casino and have expanded to Ontario. They almost have a gambling monopoly in Toronto for 20 years with developments in the Woodbine Casino and in Durham. Good demand here for gambling. (Analysts’ price target is $59.00)
entertainment services
0 0 0 0 0
0 comments
Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$50.380
Owned Owned
Yes

TOP PICK
Well-run. Lots of excess capacity with potential (he suspects they are) to be an early player in fusing cannabis with beer. BRB has lot of experience in blending drinks. Cheap valuation and good balance sheet. Potential upside in cannabis-beer. There's always the chance of a bigger player buying out the Brick. (Analysts’ price target is $4.66)
breweries/beverages
0 0 0 0 0
0 comments
Well-run. Lots of excess capacity with potential (he suspects they are) to be an early player in fusing cannabis with beer. BRB has lot of experience in blending drinks. Cheap valuation and good balance sheet. Potential upside in cannabis-beer. There's always the chance of a bigger player buying out the Brick. (Analysts’ price target is $4.66)
breweries/beverages
0 0 0 0 0
0 comments
Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$3.430
Owned Owned
Yes

WATCH
Jamieson Wellness(JWEL-T) 

November 19, 2018

A stable, high-quality business. When it IPO'd, the market over-rewarded it, but the stock has since corrected to something attractive. The healthy trend works for them. he's studying it.
0 0 0 0 0
0 comments
A stable, high-quality business. When it IPO'd, the market over-rewarded it, but the stock has since corrected to something attractive. The healthy trend works for them. he's studying it.
0
0 0 0 0 0
0 comments
Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$19.440
Owned Owned
No

WATCH
Park Lawn Corp(PLC-T) 

November 19, 2018

Solid managers who've been buying in Canada and are now expanding into the U.S. His concern is their high valuation vs. its peers in America. But after the recent correction, PLC looks better. He's looking closely at it. It's a stable sector with aging demographics in its favour. PLC is the only public player in Canada.
REAL ESTATE
0 0 0 0 0
0 comments
Solid managers who've been buying in Canada and are now expanding into the U.S. His concern is their high valuation vs. its peers in America. But after the recent correction, PLC looks better. He's looking closely at it. It's a stable sector with aging demographics in its favour. PLC is the only public player in Canada.
REAL ESTATE
0 0 0 0 0
0 comments
Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$20.880
Owned Owned
No

BUY
Amazon.com(AMZN-Q) 

November 19, 2018

Buy more after today's sell-off? Yes, if you believe in the business and its long-term merits. The valuation is high, but this is a 10-20-year business to own. They dominant online retailing and data storage. A high-quality company. If you buy it, buy it gradually to be safe. Don't time the bottom.
specialty stores
0 0 0 0 0
0 comments
Buy more after today's sell-off? Yes, if you believe in the business and its long-term merits. The valuation is high, but this is a 10-20-year business to own. They dominant online retailing and data storage. A high-quality company. If you buy it, buy it gradually to be safe. Don't time the bottom.
specialty stores
0 0 0 0 0
0 comments
Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$1512.290
Owned Owned
Unknown

HOLD
Verizon Communications(VZ-N) 

November 19, 2018

Telcos have been a safe haven in this market, but VZ has long-term challenges as people cut the cable cord. It's safe to hang onto it for the dividend, but don't add to it.
telephone utilities
0 0 0 0 0
0 comments
Telcos have been a safe haven in this market, but VZ has long-term challenges as people cut the cable cord. It's safe to hang onto it for the dividend, but don't add to it.
telephone utilities
0 0 0 0 0
0 comments
Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$60.620
Owned Owned
Unknown

DON'T BUY
Dollarama Inc.(DOL-T) 

November 19, 2018

Doesn't love it. It's been a growth stock and so has had a premium in their stock. So when it had a recent misstep, the stock got killed. Even after the pullback, it's still a pricey stock in terms of valuation. He fears more competition coming, and as they raise they prices to a few dollars, DOL starts to compete with stores like Walmart.
Consumer Products
0 0 0 0 0
0 comments
Doesn't love it. It's been a growth stock and so has had a premium in their stock. So when it had a recent misstep, the stock got killed. Even after the pullback, it's still a pricey stock in terms of valuation. He fears more competition coming, and as they raise they prices to a few dollars, DOL starts to compete with stores like Walmart.
Consumer Products
0 0 0 0 0
0 comments
Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$34.600
Owned Owned
No

BUY
Pollard Banknote Ltd(PBL-T) 

November 19, 2018

It's still a core position for him. Excellent managers who've made some acquisitions that they'll likely continue. Just enjoyed a great quarter. The outlook looks good.
INDUSTRIAL PRODUCTS
0 0 0 0 0
0 comments
It's still a core position for him. Excellent managers who've made some acquisitions that they'll likely continue. Just enjoyed a great quarter. The outlook looks good.
INDUSTRIAL PRODUCTS
0 0 0 0 0
0 comments
Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$22.910
Owned Owned
Yes

BUY
SAP AG ADR(SAP-N) 

November 19, 2018

He doesn't follow this company, though it's high-quality. It's a safe-haven, tech-quality play. They trade at a decent valuation with a strong brand name with a blue-chip customer list.
computer software/processing
0 0 0 0 0
0 comments
He doesn't follow this company, though it's high-quality. It's a safe-haven, tech-quality play. They trade at a decent valuation with a strong brand name with a blue-chip customer list.
computer software/processing
0 0 0 0 0
0 comments
Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$101.580
Owned Owned
No

BUY
Cascades Inc(CAS-T) 

November 19, 2018

Likes it. Globally, it's one of the cheapest valuations in its sector. It's a way to play e-commerce, since CAS makes boxes that packages are delivered in. Generates a lot of free cash flows. Insiders own a lot of stock.
east coast forestry
0 0 0 0 0
0 comments
Likes it. Globally, it's one of the cheapest valuations in its sector. It's a way to play e-commerce, since CAS makes boxes that packages are delivered in. Generates a lot of free cash flows. Insiders own a lot of stock.
east coast forestry
0 0 0 0 0
0 comments
Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$11.070
Owned Owned
Unknown

PAST TOP PICK
Alcanna(CLIQ-T) 

November 19, 2018

(A Top Pick Jan 23/18, Down 33%) Recently exited it. Aurora owns 25% of the company, but Ontario just said that a weed company can't own more than 9.9% of a retailer, so it's a challenge for them in how to develop their cannabis side. He'll continue to track this. There's risk to raise capital for them and that could pressure the share price.
merchandising/lodging
0 0 0 0 0
0 comments
(A Top Pick Jan 23/18, Down 33%) Recently exited it. Aurora owns 25% of the company, but Ontario just said that a weed company can't own more than 9.9% of a retailer, so it's a challenge for them in how to develop their cannabis side. He'll continue to track this. There's risk to raise capital for them and that could pressure the share price.
merchandising/lodging
0 0 0 0 0
0 comments
Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$7.760
Owned Owned
No

PAST TOP PICK
(A Top Pick Jan 23/18, Down 68%) Well-run with a solid balance sheet, but is a victim, like all Canadian energy, of very weak WCS oil prices. It's a tough time for energy services companies like this. He exited this stock and space earlier this year. Ottawa needs to build more pipelines.
oil/gas field services
0 0 0 0 0
0 comments
(A Top Pick Jan 23/18, Down 68%) Well-run with a solid balance sheet, but is a victim, like all Canadian energy, of very weak WCS oil prices. It's a tough time for energy services companies like this. He exited this stock and space earlier this year. Ottawa needs to build more pipelines.
oil/gas field services
0 0 0 0 0
0 comments
Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$1.360
Owned Owned
No

PAST TOP PICK
IBI Group(IBG-T) 

November 19, 2018

(A Top Pick Jan 23/18, Down 51%) They had missteps with their US division with restructuring that lost money instead of making it. They got killed when they reported a bad quarter. He took his losses and sold.
Business Services
0 0 0 0 0
0 comments
(A Top Pick Jan 23/18, Down 51%) They had missteps with their US division with restructuring that lost money instead of making it. They got killed when they reported a bad quarter. He took his losses and sold.
Business Services
0 0 0 0 0
0 comments
Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$4.410
Owned Owned
No

BUY
Visa Inc.(V-N) 

November 19, 2018

Visa vs. Shopify as a growth stock in a TFSA? Definitely Visa--a global franchise with great recurring revenue. Nothing against Shopify, but it's a very expensive stock. Visa is the safer, long-term bet. Everyday, we use less cash.
other services
0 0 0 0 0
0 comments
Visa vs. Shopify as a growth stock in a TFSA? Definitely Visa--a global franchise with great recurring revenue. Nothing against Shopify, but it's a very expensive stock. Visa is the safer, long-term bet. Everyday, we use less cash.
other services
0 0 0 0 0
0 comments
Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$134.760
Owned Owned
No

DON'T BUY
Shopify Inc.(SHOP-T) 

November 19, 2018

Visa vs. Shopify as a growth stock in a TFSA? Definitely Visa--a global franchise with great recurring revenue. Nothing against Shopify, but it's a very expensive stock. Visa is the safer, long-term bet. Everyday, we use less cash.
0 0 0 0 0
0 comments
Visa vs. Shopify as a growth stock in a TFSA? Definitely Visa--a global franchise with great recurring revenue. Nothing against Shopify, but it's a very expensive stock. Visa is the safer, long-term bet. Everyday, we use less cash.
0
0 0 0 0 0
0 comments
Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$176.330
Owned Owned
Unknown

BUY
Norbord Inc(OSB-T) 

November 19, 2018

He's owned it on and off and likes it. Well-run, great balance sheet and generates good cash flow. There are recent concerns of slowing housing in the U.S., but he puts that down to a labour shortage. Overall, the American economy is strong. OSB's correction now makes its valuation look attractive. He's optimistic. There is demand for homes.
household goods
0 0 0 0 0
0 comments
He's owned it on and off and likes it. Well-run, great balance sheet and generates good cash flow. There are recent concerns of slowing housing in the U.S., but he puts that down to a labour shortage. Overall, the American economy is strong. OSB's correction now makes its valuation look attractive. He's optimistic. There is demand for homes.
household goods
0 0 0 0 0
0 comments
Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$37.000
Owned Owned
Yes

COMMENT
Loblaw Companies Ltd(L-T) 

November 19, 2018

Choice REIT and relationship with Loblaw A year ago, Loblaw spun their real estate into a REIT, because real estate assets garners higher valuations than grocery stores to allow investors to buy the grocery side alone or the real estate that underlines the grocery stores. Canadian Tire did the same thing. He owns no grocers; there's too much competition.
food stores
0 0 0 0 0
0 comments
Choice REIT and relationship with Loblaw A year ago, Loblaw spun their real estate into a REIT, because real estate assets garners higher valuations than grocery stores to allow investors to buy the grocery side alone or the real estate that underlines the grocery stores. Canadian Tire did the same thing. He owns no grocers; there's too much competition.
food stores
0 0 0 0 0
0 comments
Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$58.790
Owned Owned
No

COMMENT
Choice REIT and relationship with Loblaw A year ago, Loblaw spun their real estate into a REIT, because real estate assets garners higher valuations than grocery stores to allow investors to buy the grocery side alone or the real estate that underlines the grocery stores. Canadian Tire did the same thing. He owns no grocers; there's too much competition.
REAL ESTATE
0 0 0 0 0
0 comments
Choice REIT and relationship with Loblaw A year ago, Loblaw spun their real estate into a REIT, because real estate assets garners higher valuations than grocery stores to allow investors to buy the grocery side alone or the real estate that underlines the grocery stores. Canadian Tire did the same thing. He owns no grocers; there's too much competition.
REAL ESTATE
0 0 0 0 0
0 comments
Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$12.160
Owned Owned
Unknown

COMMENT
Savaria Corp(SIS-T) 

November 19, 2018

He doesn't love it though doesn't know a lot about it. SIS has been a good performer. They've grown aggressively through acquisition. They had a misstep recently, so were punished hard. They were priced at a premium. He needs to see it its earnings fall into the teens from the current 28x. That said, it's a good company. Maybe this quarter was a short-term mess-up.
other services
0 0 0 0 0
0 comments
He doesn't love it though doesn't know a lot about it. SIS has been a good performer. They've grown aggressively through acquisition. They had a misstep recently, so were punished hard. They were priced at a premium. He needs to see it its earnings fall into the teens from the current 28x. That said, it's a good company. Maybe this quarter was a short-term mess-up.
other services
0 0 0 0 0
0 comments
Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$13.570
Owned Owned
No

BUY
Facebook(FB-Q) 

November 19, 2018

Recently bought a small position. A high-quality business that dominates online advertising, advertising that will continue for a long time. There's a lot of negative publicity now, correcting 40% in the past few months, but long-term this remains a good company. Trades at 16.5x next year's earnings. Growing at 20%+ per year. This will now attract value investors. The market has overreacted. Good for a long-term hold.
0 0 0 0 0
0 comments
Recently bought a small position. A high-quality business that dominates online advertising, advertising that will continue for a long time. There's a lot of negative publicity now, correcting 40% in the past few months, but long-term this remains a good company. Trades at 16.5x next year's earnings. Growing at 20%+ per year. This will now attract value investors. The market has overreacted. Good for a long-term hold.
0
0 0 0 0 0
0 comments
Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$131.550
Owned Owned
Yes

COMMENT
Gildan Activewear Inc.(GIL-T) 

November 19, 2018

Well-run and successful that dominates the apparel sector. Not a cheap stock, but people will always buy socks, so there's stability here vs. the market.
household goods
0 0 0 0 0
0 comments
Well-run and successful that dominates the apparel sector. Not a cheap stock, but people will always buy socks, so there's stability here vs. the market.
household goods
0 0 0 0 0
0 comments
Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$41.200
Owned Owned
No

WAIT
They are a condensate producer. Condensate differentials have ballooned out as well, but should shortly go back to historic levels in the next 2 months. They have beaten 2 quarters in a row. However, he sees better opportunities in other names.
Energy
0 0 1 0 0
0 comments
They are a condensate producer. Condensate differentials have ballooned out as well, but should shortly go back to historic levels in the next 2 months. They have beaten 2 quarters in a row. However, he sees better opportunities in other names.
Energy
0 0 1 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$12.040
Owned Owned
No

COMMENT
Cardinal Energy Ltd(CJ-T) 

November 16, 2018

Their dividend payout is not sustainable at current levels. But correction in differential and $60 crude will keep the payout sustainable which he thinks will happen.
oil/gas
0 0 0 0 0
0 comments
Their dividend payout is not sustainable at current levels. But correction in differential and $60 crude will keep the payout sustainable which he thinks will happen.
oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$3.155
Owned Owned
No

COMMENT
Torc Oil & Gas Ltd(TOG-T) 

November 16, 2018

He holds management in high esteem. They are selling their oil at a hub that is not experiencing the same degree of differentials as other hubs because it is more direct to the US market. They are yielding about 4%. So total dividend and growth, probably looking at about 10% return. He is bullish on heavy oil Canadian names. He sees better opportunities in condensate or heavy oil names.
oil/gas
0 0 0 0 0
0 comments
He holds management in high esteem. They are selling their oil at a hub that is not experiencing the same degree of differentials as other hubs because it is more direct to the US market. They are yielding about 4%. So total dividend and growth, probably looking at about 10% return. He is bullish on heavy oil Canadian names. He sees better opportunities in condensate or heavy oil names.
oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$5.150
Owned Owned
No

COMMENT
MEG Energy Corp(MEG-T) 

November 16, 2018

He sees the deal going through in January. He thinks Husky still needs to increase their bid slightly. Currently MEG is trading at a 4% discount to the bid. It is better risk reward to buy their corporate bonds vs stock, and therefore some have been shorting the stock.
oil/gas
0 0 0 0 0
0 comments
He sees the deal going through in January. He thinks Husky still needs to increase their bid slightly. Currently MEG is trading at a 4% discount to the bid. It is better risk reward to buy their corporate bonds vs stock, and therefore some have been shorting the stock.
oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$9.100
Owned Owned
No

DON'T BUY
Baytex is his largest holding. He does not own CPG and would not own this. CPG is undervalued and cheap but so is the entire sector. CPG has several challenges and he would stay away from it. Their asset base is older and more tired. So more cash flow has to go to sustain production and not allow them to grow production.
oil/gas
0 0 0 0 0
0 comments
Baytex is his largest holding. He does not own CPG and would not own this. CPG is undervalued and cheap but so is the entire sector. CPG has several challenges and he would stay away from it. Their asset base is older and more tired. So more cash flow has to go to sustain production and not allow them to grow production.
oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$4.940
Owned Owned
No

PAST TOP PICK
(A Top Pick Nov 15/17, Down 71%) He has been in and out of this stock because of the volatility. It is dirt cheap but does not own it now. Every producer will likely come out next year with a very conservative spending budget. What is the next catalyst to get people interested in this name? He likes the assets and management and the long term outlook, but it is probably stuck in the short term.
oil/gas field services
0 0 0 0 0
0 comments
(A Top Pick Nov 15/17, Down 71%) He has been in and out of this stock because of the volatility. It is dirt cheap but does not own it now. Every producer will likely come out next year with a very conservative spending budget. What is the next catalyst to get people interested in this name? He likes the assets and management and the long term outlook, but it is probably stuck in the short term.
oil/gas field services
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$1.280
Owned Owned
No

PAST TOP PICK
(A Top Pick Nov 15/17, Down 85%) He sold it at about $6.50. The call was on frac sand at the time. As pricing for sand has deteriorated, it has an effect on their margins. The outlook is not awesome on this name.
Energy
0 0 0 0 0
0 comments
(A Top Pick Nov 15/17, Down 85%) He sold it at about $6.50. The call was on frac sand at the time. As pricing for sand has deteriorated, it has an effect on their margins. The outlook is not awesome on this name.
Energy
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$1.460
Owned Owned
No

PAST TOP PICK
C & J Energy Services(CJ-N) 

November 16, 2018

(A Top Pick Nov 15/17, Down 36%) He sold this around $27. This is a 50/50 pressure pumper and ancillary services in the US. With the drop in oil price, the outlook of spending in the US next year is not terrific. Service names have been smashed. Given the uncertainty in the outlook, it will take time to regain lost multiple on the name.

Energy Infrastructure, Industrials & Utilities
0 0 0 0 0
0 comments

(A Top Pick Nov 15/17, Down 36%) He sold this around $27. This is a 50/50 pressure pumper and ancillary services in the US. With the drop in oil price, the outlook of spending in the US next year is not terrific. Service names have been smashed. Given the uncertainty in the outlook, it will take time to regain lost multiple on the name.

Energy Infrastructure, Industrials & Utilities
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$18.310
Owned Owned
No

DON'T BUY
Parex Resources Inc.(PXT-T) 

November 16, 2018

This name is fine. Their upside now is to monetize some of their assets. They are based in Columbia. There is still an element of uncertainty. There are many other names in Canada he would rather buy. Nothing fundamentally wrong, but taking on more risk with this name.
oil/gas
0 0 0 0 0
0 comments
This name is fine. Their upside now is to monetize some of their assets. They are based in Columbia. There is still an element of uncertainty. There are many other names in Canada he would rather buy. Nothing fundamentally wrong, but taking on more risk with this name.
oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$17.450
Owned Owned
No

BUY
Cenovus Energy(CVE-T) 

November 16, 2018

He likes this company. You get very good exposure to WCS differentials. The new CEO is doing a good job of repositioning the company. There is the potential of further monetization of assets. Good entry point to get good exposure with a large cap Canadian stock.
oil/gas
0 0 0 0 0
0 comments
He likes this company. You get very good exposure to WCS differentials. The new CEO is doing a good job of repositioning the company. There is the potential of further monetization of assets. Good entry point to get good exposure with a large cap Canadian stock.
oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$10.690
Owned Owned
No

DON'T BUY
Bonavista Energy Corp(BNP-T) 

November 16, 2018

Tax loss season never seems to materialize to the negative force that people anticipate. This is a small cap, indebted company, where the growth rate is not high enough to attract capital. It is not on his radar screen. Nobody cares about this name. You need to buy a name that US money will be interested in.
oil/gas
0 0 0 0 0
0 comments
Tax loss season never seems to materialize to the negative force that people anticipate. This is a small cap, indebted company, where the growth rate is not high enough to attract capital. It is not on his radar screen. Nobody cares about this name. You need to buy a name that US money will be interested in.
oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$1.330
Owned Owned
No

BUY
He likes the long term prospects. He thinks he is the largest shareholder of this company. It is a small cap name, but should be able to monetize some midstream assets very soon which will reduce debt. He thinks this could be a multi bagger. It is one of his higher beta names.
oil/gas
0 0 0 0 0
0 comments
He likes the long term prospects. He thinks he is the largest shareholder of this company. It is a small cap name, but should be able to monetize some midstream assets very soon which will reduce debt. He thinks this could be a multi bagger. It is one of his higher beta names.
oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$1.070
Owned Owned
Yes

WAIT
Vermilion Energy Inc(VET-T) 

November 16, 2018

He likes the management team and kudos to them for “stealing” Sparton. They are predominantly international. It trades at a premium multiple. You want to put your money where you will have outsized returns. Vermilion does not fall into this criteria for him. He is looking at other names.
oil/gas
0 0 0 0 0
0 comments
He likes the management team and kudos to them for “stealing” Sparton. They are predominantly international. It trades at a premium multiple. You want to put your money where you will have outsized returns. Vermilion does not fall into this criteria for him. He is looking at other names.
oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$32.840
Owned Owned
No

WAIT
Whitecap Resources(WCP-T) 

November 16, 2018

They are more exposed to Canadian light differential. It is a good name but he struggles with what is the buy thesis. He thinks there are better opportunities.
Oil and Gas (Integrated Oils)
0 0 0 0 0
0 comments
They are more exposed to Canadian light differential. It is a good name but he struggles with what is the buy thesis. He thinks there are better opportunities.
Oil and Gas (Integrated Oils)
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$5.540
Owned Owned
No

DON'T BUY
STEP Energy Services(STEP-T) 

November 16, 2018

He would avoid this. They were overly aggressive in giving pricing concessions to two major customers. There are several overhangs. He would avoid pressure pumpers in general and more specifically avoid this name.
Energy
0 0 0 0 0
0 comments
He would avoid this. They were overly aggressive in giving pricing concessions to two major customers. There are several overhangs. He would avoid pressure pumpers in general and more specifically avoid this name.
Energy
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$2.800
Owned Owned
No

BUY
Tourmaline Oil Corp(TOU-T) 

November 16, 2018

Need to be careful on the gas recovery. It is primarily a weather trade. If you are bullish on gas, this is a solid name.
oil/gas
1 0 0 0 0
0 comments
Need to be careful on the gas recovery. It is primarily a weather trade. If you are bullish on gas, this is a solid name.
oil/gas
1 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$19.440
Owned Owned
No

DON'T BUY
Encana Corp(ECA-T) 

November 16, 2018

They are challenged because they just bought Newfield. Can Encana do their thing with what the street thought were not good assets. It is extremely inexpensive, but he would not be buying this name now.
oil/gas
0 0 0 0 0
0 comments
They are challenged because they just bought Newfield. Can Encana do their thing with what the street thought were not good assets. It is extremely inexpensive, but he would not be buying this name now.
oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$10.010
Owned Owned
No

TOP PICK
Baytex Energy Corp(BTE-T) 

November 16, 2018

This is viewed as a over leveraged heavy oil producer. They have been lacking an institutional base, it is predominantly a retail investment base. They merged with Raging River. They de-levered their balance sheet. Fundamentally, nothing has changed with the company other than the oil price. Their cash flow will enable them to buy back all outstanding shares in 4 years. He sees a 150% upside to this. Yield = 0% (Analysts’ price target is $5.66)
oil/gas
0 0 1 0 0
0 comments
This is viewed as a over leveraged heavy oil producer. They have been lacking an institutional base, it is predominantly a retail investment base. They merged with Raging River. They de-levered their balance sheet. Fundamentally, nothing has changed with the company other than the oil price. Their cash flow will enable them to buy back all outstanding shares in 4 years. He sees a 150% upside to this. Yield = 0% (Analysts’ price target is $5.66)
oil/gas