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

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Norman Levine , Managing Director

Portfolio Management Corp

Contact Info

Website: http://www.portfoliomanagement.ca/welcome.html


Date Signal Chart Symbol Company Opinion Price
2014-08-01 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. We have had a few false starts this year on days like this, and then things rally back. It is too hard to tell. The correction is way overdue and he believes it would be very welcome. There won’t be a lot of places to hide when it comes. As a value investor, he is having trouble finding value here. He doesn’t find anything at these values to buy, and has some cash that he wants to spend. He hopes this Market does sell off and wouldn’t mind a 10% correction. He probably has 10%-13% in cash sitting on the sidelines.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
_N/A
2014-08-01 COMMENT Must be logged in to use chart AAPL-Q Apple

Not a fan of this company. The old Apple under Steve Jobs was a revolutionary company. Under current management, it is an evolutionary company. The hand set business is a lousy business and has been so from day one.


Price:
$96.130
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2014-08-01 DON'T BUY Must be logged in to use chart BAC-N Bank of America

Bank of America (BAC-N) or HSBC Holdings (HSBC-N)? This is one that is not of interest to him. He doesn’t care for their business model. In the US, he prefers regional banks that make their money through loans in their region. He owns some HSBC, and is looking at this as a possibility for the rest of his accounts, as it gives European and Asian exposure.


Price:
$14.980
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2014-08-01 COMMENT Must be logged in to use chart BAD-T Badger Daylighting

Originally bought this as a yield stock. It then became a growth stock. Then it became a momentum stock. Sold the stock twice along the way, so his position is relatively small now. He is at an inflection point now, where he has to decide if he sells the rest of it or is the value at a point where he would like to get some more. A well run company and they do well at what they do. Expanding into the US, but it got way ahead of itself.


Price:
$31.760
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2014-08-01 COMMENT Must be logged in to use chart BBT-N BB&T Corp.

This is a bank that is big in Florida and along the East Coast. These banks need higher interest rates. They had a good run when people thought rates were going higher. Rates didn’t go higher, but will eventually. US banks will do well in that environment.


Price:
$36.700
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2014-08-01 COMMENT Must be logged in to use chart BKU-N BankUnited, Inc

Hottest markets in the US for real estate and mortgages are Florida, the Carolinas and New York City. This bank is in Florida, and in the last year, has gone into the New York market. Well-placed. However, these banks need higher interest rates. They had a good run when people thought rates were going higher. Rates didn’t go up, but will eventually. US banks will do well in that environment.


Price:
$30.910
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2014-08-01 TOP PICK Must be logged in to use chart CARL-OMX CARLSBERG -B-

Danish brewing company, 5th largest globally. A little volatile for a beer company, but they are the biggest beer company in Russia with 40% market share. Russia is toxic right now for investors. When there is blood on the street, you buy. Their growth market is in Asia where they are gaining market share. They raise the dividend on a regular basis. Valuation is very reasonable.


Price:
$0.000
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2014-08-01 BUY Must be logged in to use chart COS-T Canadian Oil Sands

The biggest holder of  Syncrude, which has had a number of operational issues, with a lot of unscheduled maintenance. Most of the cash they’ve had to use for capital expenditures starts coming down next year, which should be very good for the cash flow. This should allow the dividend to start to grow again. 6% dividend yield.


Price:
$23.340
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2014-08-01 BUY Must be logged in to use chart CPG-T Crescent Point Energy Corp

Likes this and owns it in income accounts. The 6.3% dividend yield is safe. Likes the acquisitions it has done in the past.


Price:
$43.860
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2014-08-01 COMMENT Must be logged in to use chart DIS-N Walt Disney

Likes the concept of owning this. It’s a pretty economically sensitive stock. He is positive on the outlook for the US economy, so this company should do fine.


Price:
$85.380
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2014-08-01 PAST TOP PICK Must be logged in to use chart ELY-N Callaway Golf

(A Top Pick July 31/13. Up 6.05%.) Really bad weather this winter and spring hurt the golf industry very much. Even though the industry is down in North America, this company is gaining market share big time. Hopes that in a year the weather will be better and they will come through with better numbers. A turnaround story. Half of their sales are outside of North America. In Asia, golf is booming.


Price:
$7.590
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2014-08-01 COMMENT Must be logged in to use chart ESN-T Essential Energy Services Ltd.

Had a bad couple of weeks. Has been up and down, and has been a disappointment to him. The company has come across with what they promised mostly, but the market doesn’t seem to care. Good yield that is well covered. They were adversely hurt by bad weather in Western Canada this year. Weather is not the problem now, and he expects recovery in their earnings for the rest of the year. Doesn’t understand why it has sold off so much. 5.2% dividend yield.


Price:
$2.330
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2014-08-01 BUY Must be logged in to use chart GE-N General Electric

This continues to be a work in progress. Everybody was in love with Jack Welsh and what he did with GE, until what he did wasn’t so good. Their big financial exposure in 2008-2009 really hurt the company. To undo this is a long, slow process. He likes the core businesses and that they are trying to lessen their financial exposure. This is a good, long term hold.


Price:
$25.350
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Unknown
2014-08-01 TOP PICK Must be logged in to use chart GLW-N Corning Inc

Stock has been on fire until the last week or so, when they reported their earnings and sales were a bit disappointing. They are in a number of businesses, but all the market seems to care about is a product called Gorilla Glass. There are worries that when Apple (AAPL-Q) comes out with its new iPhone, it will switch from Gorilla Glass to Sapphire Glass. The market is fixated on Gorilla Glass and ignores its other businesses, such as LCD screens, etc.


Price:
$19.880
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2014-08-01 COMMENT Must be logged in to use chart HCG-T Home Capital Group

This is not a value stock, so not one that he owns. However, it is a company with a management that he admires very, very much. Earnings go up steadily. Not a risky stock.


Price:
$52.640
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
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