Viewing Expert Norman Levine | StockChase
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Compiling comments that experts make about stocks while on public TV.

Viewing Expert

Norman Levine , Managing Director

Portfolio Management Corp

Contact Info

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


Date Signal Chart Symbol Company Opinion Price
2016-03-22 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  A big rise in the deficit and subsequent debt from the federal budget today.  It has a lot of influence from economic advisors from Ontario.  It is worrisome to him.  We may be in low growth, but we are not in trouble.  Going into debt the way we are is like we are in fact in trouble.  There is no plan to ever pay it back.  It will be interesting to see what happens to the Canadian dollar. 


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
_N/A
2016-03-22 WAIT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Where to put new money - Oil?.  He identifies companies, not sectors.  You should have a diversified portfolio, however.  You have to diversify outside of Canada also.  Oil stocks had a premature run, maybe short covering.  Historically you don’t get ‘V’ shaped bottoms in commodities. Hold off in oils for the moment.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
_N/A
2016-03-22 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

The Budget.  Lack of help for Alberta – just training and EI, but that does not help the oil industry.  By putting up roadblocks to pipelines, they are just slowing it down.  The same goes for LNG in BC.  The problem is future growth.  The oil we produce gets to market at present, however.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
_N/A
2016-03-22 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Canadian Banks.  He only owns BNS-T because it is the most international with the smallest Canadian footprint.  He sees a lot of headwinds such as the oil patch.  You are only now getting people defaulting on debt due to the oil price problem.  He prefers US banks where there is a more certain economy and loan growth.  He sees Latin American and Asia as the future growth area for banks.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
_N/A
2016-03-22 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Merger of CP-T and CNR-T.  He does not see this being allowed.  CP-T have not solved the ‘Chicago’ problem, either.  What bothers him about CP-T is a hedge fund having a huge position in it and that fund had to liquidate positions in the past for margin calls.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
_N/A
2016-03-22 SELL Must be logged in to use chart AAPL-Q Apple

The verdict on the watch is still out.  He does not see people wearing it.  He wonders where the innovation is now with Steve Jobs gone.  The iPod has peaked, as has the tablet.  So he does not have an interest in the stock.


Price:
$106.720
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2016-03-22 DON'T BUY Must be logged in to use chart BAC-N Bank of America

He would not go for money center banks.  He favours regional banks where there is loan growth, new branches, adding customers.  BBT-N and BKU-N are preferences.


Price:
$13.760
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2016-03-22 BUY Must be logged in to use chart BCE-T BCE Inc.

BCE-T vs. RCI.B-T.  He has owned BCE-T for a long time.  They grow the dividend, but Rogers is not going to do so in favour of paying down debt.


Price:
$58.120
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2016-03-22 PAST TOP PICK Must be logged in to use chart CCL.B-T CCL Industries (B)

(Top Pick Mar 20/15, Up 69.18%) He has owned it a long time.  He decided it was too big a position in January so sold half the position.  He still likes the outlook.  It is a multinational consumer products company whose earnings and dividends continue to grow.  Their biggest division is pressure sensitive labels on consumer products.  They are not economically sensitive.


Price:
$228.210
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2016-03-22 TOP PICK Must be logged in to use chart CNR-T Canadian National R.R.

It is his favourite railway in North America.  It is the best run and most profitable.  It has less resource exposure than other railways.  They have a great north/south presence and they solved their ‘Chicago’ problem.  The dividend is not high, but it grows regularly.


Price:
$79.560
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2016-03-22 PAST TOP PICK Must be logged in to use chart ELY-N Callaway Golf

(Top Pick Mar 20/15, Up 5.58%) It was a turnaround story with a new CEO, nothing to do with golf.  So far he has taken the balance sheet and fixed it, and fixed the products that were losing market share.  He is working on golf balls now.  He has greatly improved profitability.  He continues to like what they are doing.  Ultimately they could get taken out, but he is staying with it regardless.


Price:
$9.020
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2016-03-22 TOP PICK Must be logged in to use chart GE-N General Electric

It has been transforming itself.  It was a financial services power house until the financial crisis came.  It is going back to being more of an industrial company.  The market is starting to reward this company.  They are now increasing their dividend on a regular basis.  There is a temporary negative on the stock from their energy exposure.


Price:
$31.060
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2016-03-22 WEAK BUY Must be logged in to use chart HCG-T Home Capital Group

He has always admired the company.  There are worries that the housing market is overdone in markets they are in.  You have to decide for yourself.  He thinks the market is a little frothy, but not in danger.  They are not prime lenders so you have to worry about some of the mortgages.  It is still okay to buy.


Price:
$35.710
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2016-03-22 DON'T BUY Must be logged in to use chart IBM-N IBM

He would like to like this one, but it does not ever come through with what it says it will.  It has spent too much money buying back its shares.  He does not like companies that do that.


Price:
$148.100
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2016-03-22 WAIT Must be logged in to use chart IFP-T Interfor Corp

He made a ton of money and sold it.  He has not felt compelled to come back although his radar is up because lumber futures have gone through the roof.  He thinks uncertainty over the softwood lumber agreement is holding it back.  Wait for clarity there.


Price:
$13.280
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
Showing 1 to 15 of 4,047 entries
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