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

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
2016-07-29 N/A Eric Nuttall

Markets.  Crude oil came down below $41 this morning.  Everyone is watching the 200 day and seeing if it holds.  It seems to have held so far.  The inventories of Gasoline are a concern.  Inventories are high because demand for fuel oil last winter was weak.  Over the next couple of months refineries will go down as normal and normalize demand.  This is a short term impact.  Production of oil is down around the world.  Summer is typically a crummy time for oil.  He calls for $60 crude in 2017 and $65 in 2018, by which time the world will be short oil.  He is going to deploy cash he is sitting on this fall.


Price:
$0.020
Subject:
ENERGY & SMALL CAP EQUITIES
Bias:
BULLISH on ENERGY
Owned:
_N/A
2016-07-29 N/A Lorne Zeiler

Markets. People are thinking the equity market is more attractive than the alternatives of fixed income and dividend paying stocks, and have been putting money in. It is interesting that the markets most hit, particularly in Europe, have actually been some of the better performers this month. Feels the Fed has turned less dovish, and are hoping to raise rates, and he anticipates one hike before year-end. He’s been looking at some of the stocks that have been beaten down. There are some high dividend payers that may not have met expectations, or are seeing some declines in earnings, and those have been punished quite a bit. He is also looking at some, where growth is coming but not visible in the next 3-6 months.


Price:
$0.020
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
_N/A
2016-07-29 N/A Lorne Zeiler

Sell before ex dividend date or after? The finance theory is basically that the market actually prices in the dividend when people are pricing out the stock. He back tested and found it made no difference at all on the earnings.


Price:
$0.020
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
_N/A
2016-07-29 N/A Lorne Zeiler

A reasonable high this year for the TSX? That would be a question of what we see happening with gold prices, which has been a huge contributor to the overall returns to the TSX. Gold prices have not moved nearly as much as the stocks, many of them have doubled. Energy has gone up, but oil prices have come down by about 20%, yet energy stocks are generally holding in pretty well, having fallen off by about 7%. It wouldn’t surprise him to see another 3% from here.


Price:
$0.020
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
_N/A
2016-07-29 N/A Lorne Zeiler

How much do interest rates have to increase before high dividend payers, like REITs and utilities, get hit with selling? If you got one move by the Fed, it could easily lead to a 5%-10% selloff.


Price:
$0.020
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
_N/A
2016-07-29 COMMENT Lorne Zeiler

Canadian financials? Last year, even though earnings were pretty good, everyone was worried about where growth was going to come from and what was going to happen to the overextended consumer. The banks fell about 10%. This year has been the exact opposite. The banks have had a pretty good run. Banks, from a long term perspective, are a great hold, and are basically trading in line with their historical average of about 12-14 times earnings. You get a great dividend, between 3.5% and 4.9%. It wouldn’t surprise him that if there is an issue with rates going up, banks could be hurt. Lifecos haven’t done nearly as well as banks, and are now trading below BV. You get a higher dividend than what you typically get from banks, and picking them up at a lower multiple. Also, they have a larger business tied to the wealth management space, so there is less concern with interest rates.


Price:
$0.020
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Unknown
2016-07-29 COMMENT Lorne Zeiler

Business development companies (BDCs)? A very broad category which goes all the way from private equity to private debt. The amount of leverage they can have can get up to a level of 200% or more, or more recently at 25%-50%. His firm has been looking a lot at private markets and private debt space. It is a great opportunity. Regulations have made it very difficult for the banks to lend to certain areas, so they are very slow in acting. He has been able to find a lot of alternative strategies paying in the 6%-7% range. Two of the better names are Apollo (AINV-N) giving a 14% distribution and BDC (?). You really have to look at the individual names, because the characteristics of that sector are weighted.


Price:
$0.020
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Unknown
2016-07-29 COMMENT Lorne Zeiler

REITs or energy for dividends of 4%-6%? If you are looking to try to generate income, REITs are probably a better play, because the energy sector is going to be more of a reflection of what is happening with the energy price, giving you a lot more volatility than what you would see in the REIT sector.


Price:
$0.020
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Unknown
2016-07-29 COMMENT Lorne Zeiler

Which bank pays the best dividend for the next 3-5 years in a TFSA? The National (NA-T) pays the highest at 4.9%. He likes this in that it hasn’t moved as much as Bank of Nova Scotia (BNS-T). If ranking in terms of quality, Toronto Dominion (TD-T), Bank of Montréal (BMO-T). In terms of more compelling valuations and upside, you have Bank of Nova Scotia (BNS-T), CIBC (CM-T) and National (NA-T). His one caution with CIBC is that they made a major acquisition in the US, so will likely do an equity raise. If you can wait for that equity raise to happen, this would probably be a little cheaper.


Price:
$0.020
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Unknown
2016-07-28 N/A Andy Nasr

Markets.  People are worried about market valuations.  He thinks they are reasonable considering interest rates.  He looks for companies with great cash flow.  The market is up because corporate profits are up.  Both are up 40%.  He thinks corporate profit will increase in 2017.  He admits we are creating asset bubbles in specific areas.  Sovereign debt is very expensive.  The S&P PE multiple it just about where it should be historically.  He sees more potential in Europe.  You will get multiple and profit expansion.  The US is attractive because of the lower risk. 


Price:
$0.020
Subject:
GLOBAL
Bias:
OPTIMISTIC
Owned:
_N/A
2016-07-28 N/A Andy Nasr

Deflationary Periods from a Macro Perspective.  Negative interest rates are inflationary.  They create a disincentive for corporations and individuals to spend.  Companies generating stable cash flow are good investments under these conditions. 


Price:
$0.020
Subject:
GLOBAL
Bias:
OPTIMISTIC
Owned:
_N/A
2016-07-28 N/A Andy Nasr

Preferred Shares.  Be careful what kind.  Floating rate preferreds have gone down.  The coupon gets reset.  Fixed coupons have done well, but be careful of the credit risk.  It is a good way to supplement the income and to diversify the risk.


Price:
$0.020
Subject:
GLOBAL
Bias:
OPTIMISTIC
Owned:
_N/A
2016-07-28 WATCH Andy Nasr

Mortgage REITs.  Mortgage rates are close to historic lows.  If they go back up it would benefit the US mortgage REITs.  Income is declining because the end of the yield curve is declining.  If they go back up, then so should the mortgage REITs.


Price:
$0.020
Subject:
GLOBAL
Bias:
OPTIMISTIC
Owned:
No
2016-07-28 N/A Greg Newman

Canadian Markets. There are a lot of areas that are so cheap that they just can’t get out of their own way. There are a lot of good yield proxies, some of the REITs that are paying 7%-9%; some of the industrial companies with really good dividends will probably have some very good upside. Then there are those that are not cheap, but have very good dividends, and even better EPS growth. There is a lot of cash on the sidelines. This is a market that is likely to go higher.


Price:
$0.020
Subject:
CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias:
BULLISH
Owned:
_N/A
2016-07-28 N/A Greg Newman

Economy. We are in an environment where we are going to have low interest rates for quite some time. The Fed will raise rates every chance they can, but it still does not replace the fact that there is “central bank” buying out there, and we are in a deflationary world which will take some time.


Price:
$0.020
Subject:
CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias:
BULLISH
Owned:
_N/A
Showing 1 to 15 of 9,195 entries
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