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

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Brian Acker, CA , Chief Executive Officer, President and Chief Inves

Acker Finley Inc.

Address
181 University Ave
Suite 1316
Toronto, ON
M5H 3M7

Contact Info
Telephone: 1 (416) 777-9005
Toll Free: 1 (888) 514-9136
Fax: 1 (416) 777-2096
Email:
Website: http://www.ackerfinley.com

Bio:

For Blogs, check out http://modelprice.wordpress.com/

For Facebook App, check out http://apps.facebook.com/modelprice

For Twitter go to @modelpriceguy

Investment Style:
Region: North American
Large Cap, value
using quantitative analysis


Date Signal Chart Symbol Company Opinion Price
2014-08-15 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. Believes that the US is going to be the last country standing. Thinks yields in Europe are going to depression levels. GDP in most European countries are mostly negative. Japan has its own issues trying to get its economy going again. To him, China is a big ex-factor. Over the long term, money will migrate to the US because there are rates of return. Also large cap stocks in the US are still very cheap and all their yields are 150-200 basis points above 10 year US treasuries today. It’s going to be money looking for return, and he thinks you will get return on the US$ and any sort of US assets will be good for investors. About 30% of his clients accounts were in US$ when he made a call on the Cdn$ back in 2002. We had a secular bull market on the Cdn$ at $0.68 to well over par. He now has a reversal of this view. Client’s assets are now 30%-35% US, which will probably migrate up to 50% in the next year or so. He wants international diversification through large international companies which are trading 20%-30% below what he thinks is FMV.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
_N/A
2014-08-15 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Canadian banks. As a group, Canadian banks are getting very expensive. They are hitting his FMV. National Bank (NA-T) leads the list with a 23% upside. CIBC (CM-T) has a 12% upside. Bank of Montreal (BMO-T) has 10%. Toronto Dominion (TD-T) has 4% and Bank of Nova Scotia (BNS-T) has 1%. Royal Bank (RY-T) is trading over his calculated Fair Market Value. Yields have driven up all the banks to FMV, and it is really hard to see, unless they get really overvalued, where investors are going to make money here.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
_N/A
2014-08-15 TOP PICK Must be logged in to use chart AAPL-Q Apple

The 7 for 1 stock split was surprising, and actually increases his FMV of his model price. Currently at $97.50 and his model price is $112.75, a 15%-16% upside. Sept 9 is the new product rollout of the iPhone 6 and maybe the iwatch. Yield of 1.93%.


Price:
$97.980
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
Yes
2014-08-15 DON'T BUY Must be logged in to use chart AMZN-Q Amazon.com

Closed at $331.21 and his model price is $92.48. The market is supporting Amazon. As long as they continue to innovate and to find new products, the market is willing to support the company in terms of invention and innovation. The downside is if something happened to Jeff Bazos, or the market demanded that they have earnings. This is an event risk.


Price:
$333.630
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
No
2014-08-15 COMMENT Must be logged in to use chart BA-N Boeing

Closed at $124.11 and his model price is $102.78, a 17% downside. Doesn’t qualify in any of his value definitions. Book Value is only $20. With all these quasi-aviation stocks, the government is such a big buyer of military hardware, that the stocks don’t really need equity. If the US market is going to go higher, this one will do well.


Price:
$123.160
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
Unknown
2014-08-15 DON'T BUY Must be logged in to use chart BAD-T Badger Daylighting

His model was showing that this was about to take a fall. A very, very high valuation for this company. His model price is $31.42. He has seen the price fall below his Fundamental Value this week. Has been trading above his Fundamental Value since 2014, but probably since April, the wind has been coming out of this particular company. He thinks this is going to go down to the $19 area. It needs to create value now.


Price:
$28.740
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
No
2014-08-15 COMMENT Must be logged in to use chart BCE-T BCE Inc.

Traded yesterday at $48.57 and his model price is $36.97, a 24% negative differential. He feels investors are looking more at the 5% yield. This price and $50 is the maximum you are going to get.


Price:
$48.290
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
No
2014-08-15 DON'T BUY Must be logged in to use chart CEU-T Canadian Energy Services & Technology

Is it normal for insiders to be selling when you have a stock split? It is usually not normal. Those who follow insider buying and selling would certainly be alarmed. This is currently at $9.94 and its FMV is $9.82, a negative 4%. Very, very expensive here. These energy services companies have had huge runs over the 6-7 months. They are fully valued. This is too highly valued for him.


Price:
$10.150
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
No
2014-08-15 PAST TOP PICK Must be logged in to use chart CSCO-Q Cisco

(A Top Pick Aug 7/13. Down 3.59%.) Recently cut 6,000 jobs and, unfortunately, this is the way this company is going to grow. His model price is $37.33, a 52% premium. Yielding 3.1%. If this could go in any way, and it hasn’t done so for years, there could be tremendous upside.


Price:
$24.430
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
Yes
2014-08-15 COMMENT Must be logged in to use chart CVE-T Cenovus Energy

This is expensive, relative to CNQ and Suncor (SU-T). Yesterday’s close was $33.23 and his model price is $32.37, a negative 2%, so it is basically trading right on where he believes FMV is. A nice yield at 3.2%.


Price:
$33.380
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
Unknown
2014-08-15 BUY Must be logged in to use chart CVS-N CVS Corp.

This closed at $79.30 and his model price  is $85.27, a 7.5% upside. There is going to be more volatility in the market, and it is going to be very interesting in the fall, especially with what is going on with bond yields in the last month or so. If you are looking for non-volatile names, this is a perfect candidate. Yield of 1.4%. It’s a grower, so you will maybe continue to earn high single digits, maybe double digits if you order for a year.


Price:
$78.910
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
No
2014-08-15 TOP PICK Must be logged in to use chart CVX-N Chevron Texaco

International oils are being way overlooked in terms of value. His model price is $168.71, a 33% upside. Yield of 3.4%.


Price:
$126.100
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
Yes
2014-08-15 COMMENT Must be logged in to use chart EFN-T Element Financial

This is a financial and it is clearly on an acquisition trail. Today’s price is $14.75 and he has a model price of $14.15, so it is bang on its model price. If you are looking for value, there is no real value here.


Price:
$14.850
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
Unknown
2014-08-15 BUY Must be logged in to use chart GIL-T Gildan Activewear Inc.

Closed at $62.79 yesterday and his model price is $69.50, an 11% upside. However, he has EBV+5 and this seems to be following along that structural level. A year from now EBV+5 is $76.25.


Price:
$62.010
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
Unknown
2014-08-15 DON'T BUY Must be logged in to use chart IBM-N IBM

Closed at $187.88 yesterday and his model price is $189.37, a .05% upside. This is a story of reducing capital out of their business, so when they report every quarter, the reports are lukewarm to the analysts. Underneath, they are buying huge quantities of their stock. That keeps their model and stock prices up. Doesn’t see tremendous upside, but also doesn’t see any big downside. Yield of 2.34%.


Price:
$187.380
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
No
Showing 1 to 15 of 3,227 entries
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