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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
2015-01-12 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  It is pretty dangerous out there in the resource area.  Commodity cycles don’t last in years, but in decades.  They go up for a very long period of time and then down for a very long period of time.  People lose money time and time again trying to pick a bottom in markets.  There is lots of time to make money when it starts going up again.  Canada is not that attractive.  He would put his money into financials in the US and into the European markets.  Most of the Canadian market is pretty fully valued here.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
BEARISH on CANADIAN MARKET
Owned:
_N/A
2015-01-12 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Big, well capitalized energy companies will be the winners in this environment.  Having a rock solid balance sheet is important.  Dividends, even in the big companies could be in jeopardy.  In this environment the bigger will get bigger and the smaller will suffer.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
BEARISH on CANADIAN MARKET
Owned:
_N/A
2015-01-12 SELL Must be logged in to use chart BAC-N Bank of America

He is not a fan of the big money center banks in the US.  Prefers regional.  The problem with big money center banks is that they have big capital markets divisions and that is not an area where he wants to focus.


Price:
$16.680
Subject:
NORTH AMERICAN - LARGE
Bias:
BEARISH on CANADIAN MARKET
Owned:
Unknown
2015-01-12 TOP PICK Must be logged in to use chart BBT-N BB&T Corp.

He looks at valuations and geographical locations.  Some regions are doing better economically.  They are in North Carolina, and the US east coast.  Has a very big consumer bend to it and a lot like the Canadian banks.  He likes the outlook for it.  Loan growth should be increasing.  It should have better earnings and dividend growth and little exposure to the two energy markets.


Price:
$36.490
Subject:
NORTH AMERICAN - LARGE
Bias:
BEARISH on CANADIAN MARKET
Owned:
Yes
2015-01-12 TOP PICK Must be logged in to use chart BKU-N BankUnited, Inc

He is doubling up on his position.  Operations in Florida and New York.  It basically went under in 2008 and was bought and recapitalized.  It is a commercial bank.  Florida and New York city are good areas for this.


Price:
$27.130
Subject:
NORTH AMERICAN - LARGE
Bias:
BEARISH on CANADIAN MARKET
Owned:
Yes
2015-01-12 DON'T BUY Must be logged in to use chart BRK.B-N Berkshire Hathaway Inc. (B)

They are excellent investors, but he would rather buy an ETF.  Both Warren and Charlie are in their 70s and 80s and when someone else tries to run it the same way, it will never be the same.


Price:
$148.280
Subject:
NORTH AMERICAN - LARGE
Bias:
BEARISH on CANADIAN MARKET
Owned:
Unknown
2015-01-12 DON'T BUY Must be logged in to use chart COP-N ConocoPhillips

One of the majors.  It is one of the oil stocks he would feel relatively okay owning because it is well capitalized and also has refining operations.  However he basically does not want to be in the area.


Price:
$63.070
Subject:
NORTH AMERICAN - LARGE
Bias:
BEARISH on CANADIAN MARKET
Owned:
Unknown
2015-01-12 HOLD Must be logged in to use chart CPG-T Crescent Point Energy Corp

He does not think it is the time to buy any oil or gas stock.  He has it in income accounts.  They say their dividend is safe.  They are the most hedged oil and gas company in Canada.  Over half is hedged above $90.  That doesn’t tell him what happens next year.  It is one of the well capitalized names that he would look at it he was going to buy energy.


Price:
$27.230
Subject:
NORTH AMERICAN - LARGE
Bias:
BEARISH on CANADIAN MARKET
Owned:
Yes
2015-01-12 DON'T BUY Must be logged in to use chart DE-N Deere & Co.

Their main business is agriculture, but some services mining.  They are dependent on farmers’ income.  He does not see a lot of strength in grain prices.  Last year was a bumper year, but he does not think it will be again this year.


Price:
$85.450
Subject:
NORTH AMERICAN - LARGE
Bias:
BEARISH on CANADIAN MARKET
Owned:
Unknown
2015-01-12 PAST TOP PICK Must be logged in to use chart ELY-N Callaway Golf

(Top Pick Feb 5/14, Down 0.22%) The turnaround is working amazingly well.  It is not reflected in the stock price.  They are gaining market share.  Last winter was severe and the spring was awful so lots of courses were not operating at first.  They have a big overseas market and the fall of the Yen is starting to be reflected there.  The company is doing all the right things, however.


Price:
$8.130
Subject:
NORTH AMERICAN - LARGE
Bias:
BEARISH on CANADIAN MARKET
Owned:
Yes
2015-01-12 HOLD Must be logged in to use chart ENB-T Enbridge

He owns TRP-T everywhere and this one in some accounts.  It kind of got a little expensive and some projects are starting to become ‘iffy’.  It is near its all time high and he would hold on to it.  The company is well run and they are doing the right things here.  As a bond or preferred share holder you are getting screwed, but the common is fine.


Price:
$54.630
Subject:
NORTH AMERICAN - LARGE
Bias:
BEARISH on CANADIAN MARKET
Owned:
Yes
2015-01-12 PAST TOP PICK Must be logged in to use chart ESN-T Essential Energy Services Ltd.

(Top Pick Feb 5/14, Down 37.76%) All the oil services companies are being hit.  A very well run company.  They have parked a number of their rigs and have cut back on capital expenditures.  When times get bad they do cut their dividends.  He is not buying this stock right now.


Price:
$1.430
Subject:
NORTH AMERICAN - LARGE
Bias:
BEARISH on CANADIAN MARKET
Owned:
Yes
2015-01-12 HOLD Must be logged in to use chart FLR-N Fluor Corp.

The whole group has been doing poorly.  He owns SNC-T.  FLR-N is in a world of its own.  Biggest concentration of work in the energy area, so the most vulnerable.


Price:
$56.180
Subject:
NORTH AMERICAN - LARGE
Bias:
BEARISH on CANADIAN MARKET
Owned:
No
2015-01-12 DON'T BUY Must be logged in to use chart GSK-N Glaxosmithkline PLC

The healthcare area in the US has pretty well been the best area to be invested in last year.  He has cut back a little in this area.  This one has not performed as well as other American drug companies.  Prefers PFE-N.


Price:
$42.930
Subject:
NORTH AMERICAN - LARGE
Bias:
BEARISH on CANADIAN MARKET
Owned:
No
2015-01-12 WEAK BUY Must be logged in to use chart LYG-N Lloyds TSB Group PLC

It is okay to be selective in UK banks.  He prefers HSBC.  Likes the outlook in the UK.  Asia will eventually come back into favour.


Price:
$4.410
Subject:
NORTH AMERICAN - LARGE
Bias:
BEARISH on CANADIAN MARKET
Owned:
No
Showing 1 to 15 of 3,811 entries
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