Viewing Expert Paul Harris, CFA | StockChase
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Compiling comments that experts make about stocks while on public TV.

Viewing Expert

Paul Harris, CFA , Portfolio Manager and Partner

Avenue Investment Management


Date Signal Chart Symbol Company Opinion Price
2016-05-05 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market. US earnings numbers looked terrible and expectations became very low, but then everybody kind of beat expectations. Looking through those numbers has been very difficult. A lot of the big tech stocks had very negative numbers, and those sectors tend to be the ones that are growing. Apple’s numbers in China were terrible. The one positive thing is that margins stayed pretty level, and that is because they are cutting a lot of costs. When you see big companies like that miss, it tells us that we are in a much more difficult environment than what people are really thinking about. Big sectors, such as utilities that people are very comfortable with, have done poorly in these last earnings numbers. This indicates that the overall economy is not able to grow as quickly.


Price:
$0.020
Subject:
NORTH AMERICAN/GLOBAL
Bias:
UNKNOWN
Owned:
_N/A
2016-05-05 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Rails? He owns and prefers Canadian National (CNR-T). Rails are a great story. This is a business that has been consolidated. Have moved sideways over the last while simply because of the commodity cycle. As the world plods along here, rails do incredibly well. They are more environmentally friendly for shipping things. The commodity cycle is turning a little bit here, so they are going to be better off. In Canada, we still cannot figure out what we are going to do with pipelines, and the only way to move oil really is through rail, and that will continue to happen. As a sector they are not expensive at these valuations, although the Canadians are more expensive than the US ones.


Price:
$0.020
Subject:
NORTH AMERICAN/GLOBAL
Bias:
UNKNOWN
Owned:
Unknown
2016-05-05 TOP PICK Must be logged in to use chart AAPL-Q Apple

Trading at only 10X earnings, but if you take out the cash, it is probably only 8X earnings. They are increasing their dividends. 63% of their revenue comes from the iPhone. In the last quarter everything fell. IPhone7 is coming out which he thinks will offer added products. Dividend yield of 2.45%.


Price:
$93.240
Subject:
NORTH AMERICAN/GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2016-05-05 BUY Must be logged in to use chart ADBE-Q Adobe Systems

(Market Call Minute.) An interesting story. Not cheap, trading at 24X earnings. They have done a very good job of trying to understand how people use their products and marketing and sales.


Price:
$93.500
Subject:
NORTH AMERICAN/GLOBAL
Bias:
UNKNOWN
Owned:
Unknown
2016-05-05 COMMENT Must be logged in to use chart BAM.A-T Brookfield Asset Management (A)

He likes this. They are very smart and understand allocating capital in the right way. Have done a very good job of narrowing the gap between the NAV and the underlying assets. They’ve been very good at looking at the environment, and taking opportunities when things were really bad.


Price:
$43.470
Subject:
NORTH AMERICAN/GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2016-05-05 DON'T BUY Must be logged in to use chart BB-T BlackBerry

The difficult part for him is that the user base has gone down tremendously over the last little while. As they move towards trying to be more of a software company, that may help them, but that transition is going to take a fair bit of time. There are better companies to own.


Price:
$8.610
Subject:
NORTH AMERICAN/GLOBAL
Bias:
UNKNOWN
Owned:
Unknown
2016-05-05 BUY Must be logged in to use chart BCE-T BCE Inc.

Telus (T-T) Bell (BCE-T) or Rogers (RCI.B-T)? He owns BCE which he likes. They just did a big deal where they acquired Manitoba Tel. The issue is whether the deal goes through as they still need regulatory approval.


Price:
$59.050
Subject:
NORTH AMERICAN/GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2016-05-05 COMMENT Must be logged in to use chart DB-N Deutsche Bank AG

This bank expanded quite aggressively into the capital markets business. When 2008 came along, they didn’t cut back on capital markets, specifically the debt business which they were very big in. That is really hurting. Retail banking in Europe does not have the kind of ROE that you get in retail in North America or the UK. You would have a better opportunity in a US bank because they are probably just as cheap and with better prospects.


Price:
$16.670
Subject:
NORTH AMERICAN/GLOBAL
Bias:
UNKNOWN
Owned:
Unknown
2016-05-05 PAST TOP PICK Must be logged in to use chart DH-T DH Corporation

(A Top Pick May 28/15. Down 14.42%.) This is now a financial technology company. They made a few acquisitions in the US that has grown their US business. Trading well below its peers in the US. Has a nice dividend, but that is not going to grow over the next little while.


Price:
$34.350
Subject:
NORTH AMERICAN/GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2016-05-05 BUY Must be logged in to use chart DIS-N Walt Disney

(Market Call Minute.) People concentrate way too much on ESPN. The other businesses are actually growing incredibly well. At these levels, this is a great story.


Price:
$104.930
Subject:
NORTH AMERICAN/GLOBAL
Bias:
UNKNOWN
Owned:
Unknown
2016-05-05 PAST TOP PICK Must be logged in to use chart EFN-T Element Financial

(A Top Pick May 28/15. Down 21.55%.) This is splitting into 2 businesses. He continues to like it. There is a real opportunity on the leasing side as well as the fleet business. You are really buying more of a US company, because that is where the business is growing.


Price:
$14.700
Subject:
NORTH AMERICAN/GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2016-05-05 TOP PICK Must be logged in to use chart FSV-T Firstservice Corp

A real estate management company. They manage condos in Toronto, but their big business is in the US with a lot of gated communities. Expects a lot of growth of 15%-20% per year, because they can grow by good organic growth and acquisition growth. They also own things like College Pro Painters and California Closets which fits into their gated community holdings. Not cheap, trading at around 24X earnings, but there is good growth in it. Dividend yield of 1%.


Price:
$57.920
Subject:
NORTH AMERICAN/GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2016-05-05 COMMENT Must be logged in to use chart HMC-N Honda Motor Ltd.

The Japanese are making great cars, and are doing a better job than the US automakers. A problem they face is a much stronger yen, which has happened in the last little while even though there are negative interest rates. US sold 80 million cars in North America last year, and that is going to be a hard number to achieve again. Expects car sales will be going down in NA.


Price:
$26.630
Subject:
NORTH AMERICAN/GLOBAL
Bias:
UNKNOWN
Owned:
Unknown
2016-05-05 COMMENT Must be logged in to use chart LNF-T Leon's Furniture

Still owns and still likes it. They own much of the real estate underneath a lot of their big box stores. He had valued the real estate at about $8-$10 a share, which effectively gives you the furniture business for free. A great story.


Price:
$15.400
Subject:
NORTH AMERICAN/GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2016-05-05 HOLD Must be logged in to use chart LNR-T Linamar Corp

This is a great well-run company. It had a difficult time, but that goes back to the issue of the big run up in the auto industry. There is a feeling that the auto manufacturing is not going to be able to duplicate what it did last year. This is not global, but is taking time to move into different parts of the world which will help them. Not expensive.


Price:
$53.690
Subject:
NORTH AMERICAN/GLOBAL
Bias:
UNKNOWN
Owned:
Unknown
Showing 1 to 15 of 2,164 entries
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