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Compiling comments that experts make about stocks while on public TV.

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A Comment -- General Comments From an Expert Stock Symbol: A Commentary

Notes:Sometimes an expert talks about things other then a particular stock. We think it may be useful to include it, so this is the spot we use.

Last Price Recorded: $0.0200 on 0000-00-00

Date Signal Expert Opinion Price
2014-12-18 N/A David Burrows

Markets.  We have been going through an18 month market transition.  In 2012 what worked was China and the countries that supplied into the China growth story.  As the growth story in China slowed, the consumer-lead growth story started to lead.  The one commodity that held up in value was oil.  Then the oil producers sold off starting with the weaker ones.  He steadily reduced his producers to zero starting in September.  The broad market then started to step away over the last 6 weeks.  The net is that this is a continuation of what has been happening over the last 18 months.  It sets up a very positive environment for the consumer market.  There is likely to be a really strong economic tail wind.  He is focused in developed markets.  He would use this strength as a continued opportunity to sell.  You have to look at the impact of emerging market debt.  As the US dollar goes up, that debt is going up.


Price:
$0.000
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
_N/A
2014-12-18 BUY David Burrows

The banks are set up for the environment that is coming toward us.  You have to pick your spots.  RY-T is probably the most attractive because it has such a large wealth management division.  The other bank he likes is TD-T because of the US footprint where they are executing well.  He would prefer a US bank because of the dividend growth.  WFC-N is one pick.


Price:
$0.000
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
Yes
2014-12-18 DON'T BUY David Burrows

Pipelines.  A group a lot of people have made money in.  It was a big weight in his income portfolios over the last 5 years.  Pipelines are the least correlated to the price of oil, but what has happened is that people have lost confidence in the pipelines and multiples have contracted.  They have long term contracts.  Low energy costs for 18 months could cause some volume loss, however.  IPL-T is probably one of the more resilient ones.  He would not put on any new positions just yet, however.


Price:
$0.000
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
Unknown
2014-12-18 N/A David Burrows

US$.  He thinks the appreciation will continue on for years to come.  The Canadian dollar is not appreciating against world currencies as quickly as the US. 


Price:
$0.000
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
_N/A
2014-12-18 BUY David Burrows

US Healthcare Sector.  The biggest industry in the US.  He would pick JNJ-N.  PFE-N is good also. 


Price:
$0.000
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
Unknown
2014-12-17 N/A Gordon Reid

Energy. Has limited exposure with about 8% weighting to oil. The oil companies he has exposure to, although senior, have been impacted to a degree, but are going to be the long-term beneficiaries of this episode. This is a classic cycle where things are good, people become overextended, debt to cash flows get extreme, banks turn their backs on exploration companies and the larger, more stable  producers gobble them up at cheaper prices. He expects that this will happen again. Although he has an 8% exposure to oil, he also has some beneficiaries in the retail space that will benefit from this type of situation. This spurs spending at all levels of the economic strata, but it also increases confidence. That not only increases the multiplier effect of dollars being spent, but the velocity of those dollars being spent.


Price:
$0.020
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
_N/A
2014-12-17 N/A Gordon Reid

Gordon Reid’s website articles. Everybody is welcome to read these articles on such things as estate taxes, T11 35 requirements if you hold foreign assets, wills and will estate allocations, market timing, simple math on bonds and how they actually work, etc. He also asks for ideas from anybody on an article and what they would like to see. You can email him at info@goodreid.com.


Price:
$0.020
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
_N/A
2014-12-17 N/A David Baskin

Markets. The positive showing today was a combination of things. Oil seems to have found a floor, at least for one day. The federal reserve is clearly not in any hurry to raise interest rates. The economic indicators that the Fed is looking at certainly shows there is no inflation. Headline inflation came down sharply today, by 0.3%. Even the core inflation, which strips out energy and food, was very, very reserved, so there is no reason at all to think that the Fed is going to lift interest rates, even in April. In the meantime, the US economy is picking up steam. He has been looking at things to buy, but it has been so volatile lately, he has been sitting on the sidelines and watching. By and large, every stock that he buys, pays a dividend.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
_N/A
2014-12-17 N/A David Baskin

Energy. For every winner from oil, there is a loser, in Canada particularly. The redistributive effect of low gasoline prices, particularly for the working poor in the US, is bigger than any policy that the Obama administration has managed to pass in 6 years. In other words, this is putting more spendable cash in the pockets of poor to middle income families in the US, which is going to be used for consumer spending, and is not going to end up in Saudi Arabia or Venezuela or Iran. This is highly positive.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
_N/A
2014-12-17 N/A David Baskin

Insurance companies or banks? Insurance companies have traditionally looked for long assets because they have long risks. Right now long bonds are a particularly unrewarding asset class and insurance companies have to find something other to do. This means they are taking more risks. Although he is starting to buy some insurance companies, they are not a substitute for the banks. They don’t have the earnings power or the multiple sources of income that the banks have.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
_N/A
2014-12-17 N/A David Baskin

Preferred shares or bonds? 3 good things about preferred shares and 1 bad thing. 1.) They get the dividend tax credit, so you will pay a lower rate of tax than you’d pay on interest from bonds. 2.) The good quality preferred shares by banks or utility companies are currently paying around 3.5%-3.75% for a 5 year maturity, compared to bonds paying about 2.25%. 3.) Since 2009, virtually every preferred share issued in Canada, has been a rate reset preferred share, that will have a change in the dividend rate at the end of the first 5 years, based on an increment of whatever the Canada 5 year bond is paying at that time. The worst thing that can happen is that you have to own it for 5 years, at what might become a lower than market rate in year 3 or year 4. The bad thing about preferred shares is that they are quite illiquid. He prefers the Armageddon Prefs issued by the banks.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
_N/A
2014-12-17 N/A David Baskin

Which U.S. listed bank would you prefer? He is concerned about buying European banks for 2 reasons. First of all is currency risks. The euro could easily fall further against the US dollar. Also, they have a lot of suspect sovereign and bank paper from southern Europe that is underperforming. Big US banks are in a good environment right now. He doesn’t own Citibank (C-N) or Bank of America (BAC-N), but thinks they are going to do pretty well. The 2 big investment banks, Goldman Sachs (GS-N) and J.P. Morgan (JPM-N) are also doing well. For a pure commercial bank, Wells Fargo (WFC-N) is probably the class of the field. If he were going to buy another bank, it would probably be Wells Fargo.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
_N/A
2014-12-16 N/A Stephen Takacsy, B. Eng, MBA

Markets.  He is not resource heavy and on purpose.  You don’t control the price of your product in those businesses.  Prefers to keep volatility of portfolios low.  He owns some oil-related stocks.  He has been worried about a global economic slowdown for many years, but did not see the oil glut coming.  Oil is the ultimate self-correcting commodity.  Spigots get turned off and have to be turned on very quickly.  This is temporary situation and will come roaring back.  It will take some time to stabilize over the next 6 months to a year.  Investors need to take extra risks.  There are some bargains.  You have to look at companies with temporary problems.  Dividends are very important as we will stay in a low interest rate environment. 


Price:
$0.020
Subject:
CANADIAN
Bias:
OPTIMISTIC
Owned:
_N/A
2014-12-16 BUY Stephen Takacsy, B. Eng, MBA

Dividend paying equities.  Everyone is different.  It depends on your age.  No extra ordinary returns in bonds.  Occasional bargains.  There are some opportunities in energy royalty finds. 


Price:
$0.020
Subject:
CANADIAN
Bias:
OPTIMISTIC
Owned:
Yes
2014-12-16 DON'T BUY Stephen Takacsy, B. Eng, MBA

Canadian Dollar.  It has gotten hammered along with oil prices.  It moves with oil short term and in the long term with interest rate differentials.  Thinks it is bottoming out with oil here.  Don’t sell Canadian $ and buy US$ at these levels.


Price:
$0.020
Subject:
CANADIAN
Bias:
OPTIMISTIC
Owned:
Unknown
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