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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
2015-07-06 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  Greece is inevitable.  It is a huge crisis.  The logic end is that they leave the euro, even if not the best end.  They got in under false pretenses.  The little guy is suffering at the expense of everybody else because they don’t pay their taxes there.  It’s the little guy with savings in Greece who gets paid in Greece.  The euro was set up to benefit Germany, which it did.  The contagion from Greece is not as huge as people think.  The markets have not sold off as much as people would have thought.  He was hoping for more sell off so he could buy companies cheaper.  In the event of a market correction it would not be commodity stocks because it is way too early. He would look at multinational companies headquartered in Northern Europe, but doing business around the world.  He would not look as much in Canada.  The US dollar is down today meaning that the markets have priced in Greece leaving the euro.  


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
_N/A
2015-07-06 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Banks.  He is not all that positive on Canadian banks.  He is more positive on the US banks.  He has BNS-T only.  It is a relative call.  The Canadian economy will be much slower, if it grows at all.  Canadians are overextended and he does not see as much loan growth.  In the US the banks have much more interest rate exposure. 


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2015-07-06 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Gold.  Money flows into the US dollar not gold when there are issues.  He would be more interested in gold ETFs than gold stocks because of issues at mines.  There is lots of other stuff to own.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
_N/A
2015-07-06 DON'T BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Pipelines.  He just sold TRP-T to reduce exposure to the beneficiaries of the search for yield.  He can’t advocate putting new money into them.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2015-07-06 DON'T BUY Must be logged in to use chart AA-N Alcoa

His outlook is not good near to medium term.  Your major buyer is China, but they actually produce aluminum themselves.  The outlook is not good.


Price:
$11.030
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2015-07-06 DON'T BUY Must be logged in to use chart BAC-N Bank of America

He prefers the regional banks as opposed to the money center banks.  They have big capital market divisions and that is not earnings quality to him as loaning money out.  He likes BBT-N, and BKU-N.


Price:
$16.940
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2015-07-06 BUY Must be logged in to use chart BAD-T Badger Daylighting

He recently started buying it again.  He had looked for two things.  The expansion in the US – would it sacrifice margins, and since half the business is energy related he wanted to show they handled that.  They moved trucks to the non-energy area and margins were okay for the last two quarters.  So he has no problem owning it and buying again.


Price:
$25.930
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2015-07-06 PAST TOP PICK Must be logged in to use chart CCL.B-T CCL Industries (B)

(Top Pick June 23/14, Up 54.51%) It is a ten bagger for some clients.  He cuts back when it hits 9-10% of a portfolio.  Canadian based multinational packing company in pressure sensitive labels.  There is still lots of growth.  Don’t be scared by it being a $150 stock.  It is a good dividend grower.


Price:
$156.850
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2015-07-06 DON'T BUY Must be logged in to use chart CPG-T Crescent Point Energy Corp

He used to own it but no longer does.  The dividend looked safe because of hedging.  But he sold because they can’t continue to hedge out at a price like that. He wonders about the long term safety of the dividend.  They have been making a lot of acquisitions to grow and they kept issuing stock that diluted the stock. They are starting to do that again.


Price:
$25.810
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2015-07-06 DON'T BUY Must be logged in to use chart EFN-T Element Financial

It has grown a lot in a short period of time.  It has been a great ride, but not a value stock.  Senior management had some issues many years ago and he got burned.  Once burned, twice careful.


Price:
$19.440
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2015-07-06 TOP PICK Must be logged in to use chart GE-N General Electric

It was a very good industrial based company.  It was transformed to financial just in time for the financial crisis.  They are in the process of disposing of their financial exposure.  It is trying to transform itself back into an industrial conglomerate.  He thinks this is very positive.


Price:
$26.310
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2015-07-06 PAST TOP PICK Must be logged in to use chart KNEBV-OMX Kone Oyj

(Top Pick June 23/14, Up 15.09%) Elevators: new construction (China Exposure) plus maintenance. The China business is slowing some, but the maintenance business is picking up.  He would still buy it and does for new clients.  It trades on pick sheets (KNJBF).


Price:
$0.000
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2015-07-06 DON'T BUY Must be logged in to use chart MMM-N 3M Co.

It generally reflects the US economy.  It is an innovation company, depending on new products.  It has not been as innovated as it could have been.  It is okay, but not an exciting stock.


Price:
$155.080
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2015-07-06 BUY Must be logged in to use chart OTC-T Open Text

He recently bought it, shortly after it disclosed some problem earnings.  He has just gone in and bought the stock as it is a temporary situation.  They are making acquisitions in the cloud computing area.  It will not go up over night.


Price:
$50.070
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2015-07-06 PAST TOP PICK Must be logged in to use chart PLL-N Pall Corp.

(Top Pick June 23/14, Up 47.24%) It is in the process of being taken over.  The deal will close later this year.  He views it as cash.  He has been building cash to between 15-20% because he thinks the market will sell off at some point.


Price:
$125.110
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
Showing 1 to 15 of 3,906 entries
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