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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
2016-02-03 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. It has been a very rough start. He is not upset as he is carrying substantial cash. Had felt valuations had got extended, especially in the US. Looking for a correction so that he can start to spend some of his cash, not only in the US, but in Europe and in Canada. Only buys companies that have strong balance sheets, and ones that pay safe dividends. One area that is pretty safe is in integrated stocks, and is looking for bargains overseas in integrated companies. A lot of sovereign wealth funds have been liquidating stocks because the countries’ budgets are out of balance and they can either raise taxes, cut back on what they are giving their citizens, or sell some assets out of their sovereign wealth funds.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
_N/A
2016-02-03 DON'T BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

S&P 500. Sometimes there is a good time to own an index, and sometimes not. When markets are roaring, indexes are great to own because they are fully invested all the time and the professional investor can keep up with the index because they are always fully invested. When this is not happening, they are not always the best things to own. Even though the index holds 500 stocks, it is really only 4 stocks that have been propelling it. The valuation on those stocks are ridiculous and the S&P looks vulnerable.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Unknown
2016-02-03 DON'T BUY Must be logged in to use chart AAPL-Q Apple

Not a good time to add. When Steve Jobs died, he wondered what Apple was going to bring in the future. For the first 2-3 years, we had what was in the pipeline. After that it was what is new and innovative and what is going to drive the company in the future. Hasn’t seen a lot of evidence of “new”. Outside of the phone, he doesn’t see what is going to propel the company.


Price:
$96.350
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2016-02-03 DON'T BUY Must be logged in to use chart ABX-T Barrick Gold

As a value investor, he cannot find value in gold or gold stocks. These are traded for emotion. Right now the US$ is showing a little bit of weakness, so gold is going up. It is probably okay to own for a trade, but he wouldn’t own it as a long-term investment.


Price:
$14.770
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2016-02-03 COMMENT Must be logged in to use chart ATD.B-T Alimentation Couche-Tard (B)

A fabulous company. They are into 2 businesses, convenience stores and gas stations. The 2 are largely interconnected. Likes this business very much. The outlook is very good for this company.


Price:
$60.230
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2016-02-03 DON'T BUY Must be logged in to use chart BAC-N Bank of America

Has no interest in owning this bank. A money centred bank, so they are not banks, but are also major investment firms. That part is all depressed and down and hurting them. Have been hoping and waiting for the interest rate spread to make their money. Bond yields coming down is hurting them. Sovereign wealth funds are liquidating their stocks. Doesn’t see any reason to own this.


Price:
$13.030
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2016-02-03 DON'T BUY Must be logged in to use chart BBD.B-T Bombardier Inc (B)

The sentiment is negative because this is a company where nepotism has been in charge for a very long time. The former CEO bet the farm on a single airplane, and competition is eating them alive. A great plane, but there are no customers. Has a horrible balance sheet and horrible corporate governance. 


Price:
$0.890
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2016-02-03 PAST TOP PICK Must be logged in to use chart BBT-N BB&T Corp.

(A Top Pick Jan 12/15. Down 10.51%.) A regional bank, mostly on the east coast of the US. Very well-run. Bought this to participate in the recovery of the US economy as well as the higher interest rates that banks earn on their spreads. In the mean time it is not working because the yield curve is flattening in the US. He still likes the outlook for the growing US economy.


Price:
$31.780
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2016-02-03 BUY Must be logged in to use chart BCE-T BCE Inc.

A good dividend story and the earnings and dividends are going to grow mid-single digits. The fibre to the home is a growth area for them. They are gaining market share in wireless. Over time the stock should do well. This is his favourite of the telcos.


Price:
$56.740
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2016-02-03 PAST TOP PICK Must be logged in to use chart BKU-N BankUnited, Inc

(A Top Pick Jan 12/15. Up 25.23%.) A commercial bank, and the big deposit taker in Florida and the New York metropolitan area. It loans to companies and real estate developers, the 2 hottest areas in the US.


Price:
$33.150
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2016-02-03 PARTIAL SELL Must be logged in to use chart CCL.B-T CCL Industries (B)

Stock had gotten way ahead of itself, so he sold half his positions for a lot of his clients. This is not a negative on the stock, it’s just that it has gone too far and too fast. Great company and is very, very well-run. If you have held this for a long time, take some money off the table.


Price:
$190.120
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2016-02-03 DON'T BUY Must be logged in to use chart CCO-T Cameco Corporation

Doesn’t own any mining stocks. Eventually uranium is going to be a good place to be because of future huge demand. There is not much reason to own this here.


Price:
$16.830
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2016-02-03 COMMENT Must be logged in to use chart CP-T Canadian Pacific Rail

Prefers Canadian National (CNR-T) and their US exposure from when they bought Illinois Central. This one has a lot of commodity exposure.


Price:
$159.030
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Unknown
2016-02-03 COMMENT Must be logged in to use chart CPG-T Crescent Point Energy Corp

A name he would probably want to own when it is a good time to own energy stocks. For the most part, this company is not in Alberta. Has a decent balance sheet. Cut back on their spending and dividends. A good history of hedging production. They should be a survivor and a name you want to own in the future.


Price:
$14.770
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2016-02-03 DON'T BUY Must be logged in to use chart CTC.A-T Canadian Tire Corporation Ltd. (A)

A well run company, but now is not the time that you want to be owning it. Sales are weak in Western Canada. Also, the majority of products they sell are imported. With the weak Cdn$ they have to either raise prices or reduce margins or a combination of the 2. Not a good place to be.


Price:
$115.580
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Unknown
Showing 1 to 15 of 4,028 entries
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