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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 Symbol Company Opinion Price
2013-05-30 N/A A Commentary A Comment -- General Comments From an Expert

Markets. Had run up a lot and he had been hoping for a pullback, which never happened. A lot of positive things going on in the US. Relatively low rates, low unemployment rates. However, long end of the curve, continues higher which tells you something about what is going on in the world. Inflation slowly coming back. Companies continue to make a reasonable amount of money and he feels dividend yields will continue to go up. However, there is a specific type of stock that is going up. Dividend paying stocks and companies that continue to buy back their stocks are the ones that are doing incredibly well. Valuations of some of these companies is getting very, very high which is what people should really think about.

 Price:
$0.020
Subject:
NORTH AMERICAN/GLOBAL
Bias:
OPTIMISTIC
Owned:
_N/A
2013-05-30 N/A A Commentary A Comment -- General Comments From an Expert

In the next year do you see a 3%-3.5% 10 year U.S. Treasury? If so, what impact is it going to have on utilities and dividends? Expects there will be higher yields over the next several years. One of the problems is that people concentrate on the short end of the curve which the Fed has the ability to change. It is really the long end of the curve, 10-30 that makes a difference. Doesn’t think rates are going up substantially so if you see a large pullback in any these companies, he would look to buy them.

 Price:
$0.020
Subject:
NORTH AMERICAN/GLOBAL
Bias:
OPTIMISTIC
Owned:
_N/A
2013-05-30 DON'T BUY ABX-T Barrick Gold

Seasonally, June and July is when you buy gold stocks because they bottom out around this time. This is such a large Cap company, it is always running on a treadmill to increase their production, etc. Has had a lot of problems with production in their mines. Really need to sort out their businesses. If you want to play gold, you should buy something far more pure like a Yamana (YRI-T) or a gold ETF.

 Price:
$21.910
Subject:
NORTH AMERICAN/GLOBAL
Bias:
OPTIMISTIC
Owned:
No
2013-05-30 COMMENT AGNC-Q American Capital Agency

This is affected by 2 things. 1) Short rates. They borrow Short and buy mortgages on the longer end of the curve and they lever that out, which is why they can pay out the huge dividend yield. 2) They were buying bonds effectively at premium and paying 105. As a bond gets closer to maturity, the 105 becomes Par because they pay you back at the price you bought it at which creates a reduction in BV. Part of the $85 billion that the Fed has been buying is also mortgages, which is one issue. This will do worse if short rates go up.

 Price:
$26.660
Subject:
NORTH AMERICAN/GLOBAL
Bias:
OPTIMISTIC
Owned:
Unknown
2013-05-30 PAST TOP PICK BAC-N Bank of America

(A Top Pick May 15/12. Up 90.72%.) He is continuing to buy this. Banking industry in the US is cheap. The BV of this company is $20 and he thinks at some time in the cycle it will trade at $20.

 Price:
$13.830
Subject:
NORTH AMERICAN/GLOBAL
Bias:
OPTIMISTIC
Owned:
Yes
2013-05-30 PARTIAL BUY BCE-T BCE Inc.

Telus (T-T) or Bell Canada (BCE-T)? Feels they are both great companies. One of the problems is that they have run up a fair bit in the last little while which goes back to the trend that people have put money into dividend stocks. There is a lot of expectation in these things. There may be some short-term volatility which will allow you to buy half a position and the other half on a pull back.

 Price:
$46.760
Subject:
NORTH AMERICAN/GLOBAL
Bias:
OPTIMISTIC
Owned:
Yes
2013-05-30 BUY BHP-N BHP Billiton Ltd.

(Market call minute.) Good dividend yield. Trading very cheap at around 10X earnings. The key is the coal market but they’ve restructured and taken a lot of the costs out. Also, reduced CapX which is a good thing.

 Price:
$67.320
Subject:
NORTH AMERICAN/GLOBAL
Bias:
OPTIMISTIC
Owned:
Unknown
2013-05-30 BUY BMO-T Bank of Montreal

(Market call minute.) Great yield. Earnings were okay. Canadian banks look cheap at these levels.

 Price:
$61.840
Subject:
NORTH AMERICAN/GLOBAL
Bias:
OPTIMISTIC
Owned:
Yes
2013-05-30 COMMENT BTE-T Baytex Energy Corp

Great company and well run. Low-cost producer. Great dividend yield. Thinks oil prices are stabilizing around these levels. Seasonably, people buy oil stocks before the driving season. It is really about economic growth because oil is an economically sensitive commodity and if you see economic growth continue, it will help oil prices.

 Price:
$39.250
Subject:
NORTH AMERICAN/GLOBAL
Bias:
OPTIMISTIC
Owned:
Unknown
2013-05-30 PAST TOP PICK DH-T Davis and Henderson

(A Top Pick May 15/12. Up 46.15%.) 40% of their business comes from the cheque side but they are expanding with other technologies and are moving into the US. Made some acquisitions which has really helped them. Expects there will be good organic growth and margin increases over the next little while.

 Price:
$23.980
Subject:
NORTH AMERICAN/GLOBAL
Bias:
OPTIMISTIC
Owned:
Yes
2013-05-30 BUY ECA-T Encana Corp

(Market call minute.) Probably worth buying at these levels. Trading at a discount to NAV. Reasonable yield. New CEO coming in will make a difference.

 Price:
$19.930
Subject:
NORTH AMERICAN/GLOBAL
Bias:
OPTIMISTIC
Owned:
No
2013-05-30 DON'T BUY FRA-GR Fraport AG Frankfurt Airport Services Worldwide

Owns the airport in Frankfurt as well as other airports. Airport business has been great at certain times. You have to realize that from a European context, it is much more difficult. Recession has caused less travel in Europe. When you see a good economy, these are great assets to own.

 Price:
$0.000
Subject:
NORTH AMERICAN/GLOBAL
Bias:
OPTIMISTIC
Owned:
Unknown
2013-05-30 HOLD GOOG-Q Google

Caller has done well on this. Wants to know if he should take some profits. It would be wise to take some profits. Company has had a great run and has done a really good job of competing against Apple (AAPL-Q). Not trading at an outrageous multiple. Continuing to own, you will do well with it.

 Price:
$870.760
Subject:
NORTH AMERICAN/GLOBAL
Bias:
OPTIMISTIC
Owned:
Unknown
2013-05-30 PAST TOP PICK HPQ-N Hewlett-Packard Co

(A Top Pick May 15/12. Up 16.07%.) Sold his holdings when the stock price broke down. This is really only from a risk management perspective when it went below his Stop Loss.

 Price:
$25.260
Subject:
NORTH AMERICAN/GLOBAL
Bias:
OPTIMISTIC
Owned:
No
2013-05-30 COMMENT JNJ-N Johnson & Johnson

Great company. Pharmaceutical companies have suffered because they got dependent on blockbuster drugs and that phase of their lifecycle has disappeared. This company is a pharmaceutical company, a medical device company and a consumers’ product company which gives it a diversity of products so that when things are not going well in one area, they can compensate for it. It should continue to do well. If you have a 10 year time horizon, you certainly should hold it.

 Price:
$85.990
Subject:
NORTH AMERICAN/GLOBAL
Bias:
OPTIMISTIC
Owned:
No
Showing 1 to 15 of 1,560 entries
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