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

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Paul Harris, CFA , Portfolio Manager and Partner

Avenue Investment Management


Date Signal Chart Symbol Company Opinion Price
2015-12-31 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.In this kind of market, his philosophy is that the hole you dig should be shallow. He is down about 3.3% relative to the index and on a total return basis about 8%. 2015 was a difficult year globally. As an asset manager, volatility can help in some ways. If you see companies you really like, that is the time to go and buy them. There are a lot of clouds on the horizon that makes you question what Canada is going to look like in 2016 as well as the US and Europe. Oil continues to perform poorly and thinks it is probably going lower. The weak Cdn$ helps the oil business. Expects there will be more volatility in 2016 and not sure that you are going to see interest rates increase or high growth in the US as much as people think. Thinks the 1st half of 2016 is going to be tougher in Canada, but that the US can chug along at 2%. Europe is probably going to continue seeing quantitative easing.


Price:
$0.020
Subject:
NORTH AMERICAN/GLOBAL
Bias:
CAUTIOUS
Owned:
_N/A
2015-12-31 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

US banks?Likes these. On average they are trading at close to Book or below, and thinks the dividends are going to go up over the next little while, simply because they are over capitalized. They have to do something with their money such as buying back shares or giving you back dividends, and he thinks they are going to do both.


Price:
$0.020
Subject:
NORTH AMERICAN/GLOBAL
Bias:
CAUTIOUS
Owned:
Unknown
2015-12-31 COMMENT Must be logged in to use chart AAPL-Q Apple

Has a low PE. The phone business is not going to be growing as robustly as people think. It is hard to get people to buy Apple in emerging markets, because it is quite an expensive product. However the company has a great balance sheet. They can increase the dividend and can buy back shares. He would like to see the numbers on their phones in the next couple of months.


Price:
$105.260
Subject:
NORTH AMERICAN/GLOBAL
Bias:
CAUTIOUS
Owned:
Yes
2015-12-31 COMMENT Must be logged in to use chart AC-T Air Canada (B)

West Jet (WJA-T) or Air Canada (SC-T)?Has never liked the airline industry because there are just too many variables that can’t be understood easily. If he had to choose one or the other, he thinks it would be this one because it is not as domestically related.


Price:
$10.210
Subject:
NORTH AMERICAN/GLOBAL
Bias:
CAUTIOUS
Owned:
No
2015-12-31 BUY on WEAKNESS Must be logged in to use chart AMZN-Q Amazon.com

A great company, but you have to be able to stomach some volatility. They are really taking over the retail space. When looking at some of the retail stores, you can see this company is having a major impact on them. As the consumer matures online, they are more likely to go and buy other things then what they would have before. This has a high valuation and is incredibly expensive, and he would probably buy it on a pullback.


Price:
$675.890
Subject:
NORTH AMERICAN/GLOBAL
Bias:
CAUTIOUS
Owned:
Unknown
2015-12-31 PAST TOP PICK Must be logged in to use chart BAC-N Bank of America

(A Top Pick Nov 27/14. Down 0.15%.) Still likes this, and hopes that this is the year for US banks. Trading below BV. Thinks dividends on US banks are going to go up a lot more over the next year or 2.


Price:
$16.830
Subject:
NORTH AMERICAN/GLOBAL
Bias:
CAUTIOUS
Owned:
Yes
2015-12-31 DON'T BUY Must be logged in to use chart BB-T BlackBerry

Their last numbers show that their software did okay. Thinks it is a turnaround story. Would like to see the numbers on their new phone. In a difficult environment in that they are competing with companies like Samsung and Apple, which dominate the market on the phone side. Wouldn’t own the stock at this price.


Price:
$12.840
Subject:
NORTH AMERICAN/GLOBAL
Bias:
CAUTIOUS
Owned:
No
2015-12-31 BUY on WEAKNESS Must be logged in to use chart BNS-T Bank of Nova Scotia

Canadian Banks are not expensive. Have been hurt because the Canadian economy has been poor, and people forget that banks are a reflection of the macro economy of the country. This is quite leveraged to the oil business so you have to be careful about that. However, they all have great assets around them. You are not paying a lot for them. They may move sideways to down in the next couple of months, which would be a better buying opportunity.


Price:
$55.970
Subject:
NORTH AMERICAN/GLOBAL
Bias:
CAUTIOUS
Owned:
No
2015-12-31 WATCH Must be logged in to use chart CM-T Canadian Imperial Bank of Commerce

Most US funds are Short Canadian banks. Pays a good dividend and is trading at 1.7X Book and 10X earnings. Doesn’t feel the banks are overly expensive. Canadian banks have had very low loan losses on the commercial side. With Alberta’s problems you may see more bankruptcies, and loan losses may pick up on the commercial side. This is what you have to watch for in the next couple of quarters.


Price:
$91.190
Subject:
NORTH AMERICAN/GLOBAL
Bias:
CAUTIOUS
Owned:
No
2015-12-31 COMMENT Must be logged in to use chart COS-T Canadian Oil Sands

He would tender your shares in to Suncor’s (SU-T) offer. Suncor is a much better company and can do a much better job of running Canadian Oil Sands.


Price:
$8.270
Subject:
NORTH AMERICAN/GLOBAL
Bias:
CAUTIOUS
Owned:
No
2015-12-31 TOP PICK Must be logged in to use chart EFN-T Element Financial

A leasing company, but more of a fleet management company. Did a big acquisition of GE’s fleet management business. Trading at 11X earnings and will be paying a dividend in 2016. They rate a BBB with DBRS, which means they can fund themselves a lot cheaper. Thinks there is good organic growth coming along with small tuck-in acquisitions. Dividend yield of 0.60%.


Price:
$16.700
Subject:
NORTH AMERICAN/GLOBAL
Bias:
CAUTIOUS
Owned:
Yes
2015-12-31 COMMENT Must be logged in to use chart GE-N General Electric

This has done well of late. Got a very high multiple because of GE Capital in the past. It is now much more of an industrial company. Have huge oil/gas and medical imaging divisions. Doesn’t think this is ever going to get the multiple that it got before, but if there is good loan growth, they will benefit from that. Not trading at a very expensive multiple with a very good dividend which they can continue to increase. Feels there are better companies to buy.


Price:
$31.150
Subject:
NORTH AMERICAN/GLOBAL
Bias:
CAUTIOUS
Owned:
Unknown
2015-12-31 TOP PICK Must be logged in to use chart JNJ-N Johnson & Johnson

This is really 3 companies, pharmaceuticals, medical devices and consumer products. Great brand names with good pricing power. The one risk is the Pharma side where they don’t have many products in a late stage development. Trading at 16X earnings and pays a 2.92% dividend yield.


Price:
$102.720
Subject:
NORTH AMERICAN/GLOBAL
Bias:
CAUTIOUS
Owned:
Yes
2015-12-31 TOP PICK Must be logged in to use chart KHC-Q Kraft Heinz Company (merged)

This is a merger of Kraft and Heinz. Very good on costs, and thinks they are going to be able to derive a lot of revenue from the Heinz business. Dividend yield of 3.16%.


Price:
$72.760
Subject:
NORTH AMERICAN/GLOBAL
Bias:
CAUTIOUS
Owned:
Yes
2015-12-31 PAST TOP PICK Must be logged in to use chart MSFT-Q Microsoft

(A Top Pick Nov 27/14. Up 19.36%.) Feels this is a changed company because of the new CEO. They have some great products. Throws off lots of free cash. A good story. Thinks it has upside to around $65.


Price:
$55.480
Subject:
NORTH AMERICAN/GLOBAL
Bias:
CAUTIOUS
Owned:
Yes
Showing 1 to 15 of 2,104 entries
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