stockchase picture

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

Expert Index

List by First Name

List by Last Name

Paul Harris, CFA , Portfolio Manager and Partner

Avenue Investment Management


Date Signal Chart Symbol Company Opinion Price
2015-04-16 COMMENT Must be logged in to use chart AGNC-Q American Capital Agency

This company basically borrows Short and lends out mortgages. They leverage that up and pay out their returns. He used to own this, but one of the issues he had was if interest rates started to rise, it would really hurt this stock. Highly levered which is another issue you have to look at. Gives you a very good rate of return when things are going well. Dividend rate of 12%.


Price:
$21.670
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
No
2015-04-16 TOP PICK Must be logged in to use chart AMGN-Q Amgen Inc.

Trading at about 16X earnings. Have great drugs in the kidney area and in cancer. Also, thinks there is a cholesterol drug coming out. Management is really interested in increasing margins, cutting costs, increasing dividends and paying back money to shareholders. Dividend yield of 1.89%.


Price:
$166.870
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2015-04-16 BUY Must be logged in to use chart BAC-N Bank of America

Likes this stock. Net interest margins are very low in the US and are under pressure. Although they cut costs, they didn’t see a lot of growth on the investment banking side. They are in 10% of all the households of the US, so they are a very large retail bank that needs net interest income to improve. They also are faced with a lot of regulatory issues. They have to do another stress test in September and he is upset that management has not been keeping an eye on these things. Thinks you should own this for the longer-term.


Price:
$15.790
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2015-04-16 COMMENT Must be logged in to use chart BCE-T BCE Inc.

Are the yields of 4.5%-5.5% sustainable on BCE (BCE-T), Verizon (VZ-N) and Vodafone (VOD-Q)? Most of the dividends are sustainable and he thinks they can afford to grow their dividends. BCE trades at a very high multiple at almost 16X earnings. Why people are worried about BCE is that it is not only a telephone company, but also a communications company. Verizon and Vodafone gives you much more of a pure play.


Price:
$53.980
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Unknown
2015-04-16 COMMENT Must be logged in to use chart BHP-N BHP Billiton Ltd.

Has a great dividend. One of the lowest cost producers in iron ore. Their cost of production is about $20, so they can bear some of the costs. This is also a large oil company. If you can see a recovery in China and iron ore gets up to a better level, this stock will benefit a great deal. You are getting a great dividend, 5.3%, to be at these levels.


Price:
$46.820
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2015-04-16 PAST TOP PICK Must be logged in to use chart DE-N Deere & Co.

(A Top Pick April 29/14. Down 2.48%.) Still likes the stock. Not trading at a huge multiple, Around 12X earnings. Decent dividend yield. With the crop cycle, this is a time to own it. They not only have the agricultural business, but also have a more industrial business that has turned around and is doing better. Thinks this will do well over the next couple of years. Still a Buy.


Price:
$88.940
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2015-04-16 COMMENT Must be logged in to use chart DH-T DH Corporation

Used to be a cheque business, but that is getting to be a smaller and smaller part. Did a couple of really big deals in the US. It is really a technology company in the financial services industry and it is very unique. Executed on their last acquisition very, very well and it will do the same with the latest one.


Price:
$42.890
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2015-04-16 TOP PICK Must be logged in to use chart EFN-T Element Financial

Management understands this business very clearly. There is a good opportunity for them to grow. Just made an acquisition in the US, which will help them grow in the US a lot more. Because of what happened in the financial services industry in 2008, there are a lot of gaps in the leasing side of the business, and he thinks there is a great opportunity for them to come in and scoop up a lot of business and grow. A great growth story over the next several years in the US, and a little bit in Canada.


Price:
$17.820
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2015-04-16 COMMENT Must be logged in to use chart F-N Ford Motor

Of all the US awful companies, this is his favourite. Not trading at a huge multiple. About a 3.7% dividend yield. Have some great products coming out. Expects there will be better growth out of them with more innovative and better products. The strong US$ hurts them a little bit.


Price:
$15.940
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Unknown
2015-04-16 DON'T BUY Must be logged in to use chart GE-N General Electric

General Electric (GE-N) or Visa (V-N)? This is an industrial company. They are spinning off their GE Capital business. You are really buying a well diversified industrial company that is global that is hopefully going to grow. Between the 2, he would probably pick Visa because it is a much better longer-term growth story. He wouldn’t buy this because you are not going to get a bump on the multiple anymore.


Price:
$27.280
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
No
2015-04-16 BUY on WEAKNESS Must be logged in to use chart NVO-N Novo-Nordisk

Has a very strong franchise in diabetes. Stock has done incredibly well. Also, have the potential of an obesity drug coming out. A lot of that is in the stock already. The problem he has is that the stock trades 54% above its peer group, has done 22% better than the healthcare group, trades at 33X earnings and doesn’t pay very much of a yield. Wait for a pullback.


Price:
$54.970
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Unknown
2015-04-16 TOP PICK Must be logged in to use chart PHX-T Phoenix Energy Services

A horizontal drilling company. Have some great technology for the drilling side, which is really their key business. Trades at 18X earnings and pays a yield of 5.35%. Their technology allows them to get data back to the main place where they can analyse and see where the drilling is all going. Management is doing all the right things.


Price:
$7.850
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2015-04-16 PAST TOP PICK Must be logged in to use chart QCOM-Q Qualcomm

(A Top Pick April 29/14. Down 11.56%.) Thinks the China issue has been sorted out. They have a very strong technology roadmap. They are really in all the cell phone businesses, which is the real growth. Also, thinks there is really good growth coming from other parts of their business. Good dividend yield.


Price:
$67.910
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2015-04-16 COMMENT Must be logged in to use chart REI.UN-T RioCan Real Estate Investment

One of the largest REITs in Canada. Good management. They have had to kind of move outside of Canada because of the limited amount of growth prospects. A well-run company and one of the safer ones. He thinks REITs are going to do well.


Price:
$28.900
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Unknown
2015-04-16 COMMENT Must be logged in to use chart RF-N Regions Financial

A regional bank in the south east US. Interest rates are very low and this is a retail/commercial bank that derives a lot of their money from net interest income. He likes its location, which has lots of good growth over the long-term. They passed all the Fed’s stress tests and are able to accomplish a lot of their capital plans. This bank is over capitalized and at some point in time, you are going to see dividends move up more aggressively along with more share buyback.


Price:
$9.700
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Yes
Showing 1 to 15 of 1,981 entries
First Previous 1 2 3 4 5 Next Last

No Comments.


You must be logged in to comment.