Viewing Expert David Driscoll | StockChase
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Compiling comments that experts make about stocks while on public TV.

Viewing Expert

David Driscoll , President & CEO

Liberty International Investment Management Inc


Date Signal Chart Symbol Company Opinion Price
2016-12-15 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market. Since the election, it has really been a sector move, as opposed to an across-the-board move causing all these new highs. Where we are getting the oil/gas, financials and industrials to move, the healthcare, technology and consumer discretionary stocks are not moving at all. It is important to understand why these moves are being made. Investors should continue to stay diversified in their portfolios. You never know when things are going to take off. For people who don’t want to have 100% exposure to the equity market, there is nothing wrong with being in the bond market, as long as you continue to have a laddered bond portfolio, so as interest rates rise, you will always have something maturing every year for cash that you can roll into something higher. You can still get 5%-6% yields in the bond market with BBB and BB high-yield investments, where the balance sheets are strong and you can still take advantage of it. Don’t discount the fixed income market just because interest rates are going up. On the dividend side, with rising interest rates, you are going to have pressure coming from telecoms, REITs and utilities. In utilities, most of the construction is done so the rate bases aren’t growing, and at the same time because of higher bond yields, there is going to be competition. S&P 500 is trading at roughly 21X earnings, which often signals a peak. If you take out extraordinary items, it is trading at 25X. We are bubbly right now, so it is nice to have some cash on the sidelines.


Price:
$0.020
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
_N/A
2016-12-15 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Suggestions for getting into gold? Has looked at gold ETF’s, and doesn’t like them. When you add it all up, the actual MER is not .6%, but is closer to 1%, which is too much of a take away. He would prefer just buying gold wafers and sticking them in a safety deposit box. It is the safest and cheapest way of doing it. As long as the US$ continues to stay high, the price of gold is not going to move in a huge way.


Price:
$0.020
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Unknown
2016-12-15 COMMENT Must be logged in to use chart AC-T Air Canada (B)

He is not a fan of airlines, especially with an oligopoly that Canada has with this one and West Jet. His issue is that they make their money on international routes, but don’t do it domestically because there are not enough passengers. They want to move to Rouge which is really going to cut costs, but is going to upset the customers.


Price:
$14.270
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
No
2016-12-15 TOP PICK Must be logged in to use chart AOS-N A.O. Smith

Manufactures water heaters and water purification. Rather than resources like oil, gas and gold, he is more interested in water. Water purification is new in the US. They have been doing it in India and China for a number of years, and that is where their growth has been coming from. If they can repatriate the capital back to the US, it will bode well for this company. Dividend yield of 0.99%. (Analysts’ price target is $51.50.)


Price:
$47.890
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2016-12-15 PAST TOP PICK Must be logged in to use chart ATRI-Q Atrion Corp

(A Top Pick Jan 15/16. Up 44.32%.) A tiny little company out of Texas that makes things in the healthcare sector that nobody else wants to create, such as little catheters, IV tubes, cases for contact lenses, etc. His fear is that this company could get bought out because the CEO is getting into his 60s, and succession would be a risk. He wouldn’t buy at this price as it is a little overpriced. Buy on weakness.


Price:
$488.650
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2016-12-15 SPECULATIVE BUY Must be logged in to use chart BABA-N Alibaba Group Holding

This is doing remarkably well. What he likes is that you’ve got almost 500 million Chinese using the website. The one downside is that there is no voting control. He likes to have a vote for shares that he owns. Their growth rate is absolutely phenomenal. It’s a little weaker right now, which is just a reflection of what is happening in China and their markets. This is one you could speculate on. The multiple is very high, so take your time.


Price:
$93.010
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
No
2016-12-15 COMMENT Must be logged in to use chart BX-N Blackstone Group LP

Expectations for 2016 would be for merger and acquisition stocks to pick up. There is going to be more consolidation. If the corporate tax rate is cut, there is going to be more money flying around, which will bode well for companies like this. You have to understand that this is a project by project investment.


Price:
$29.230
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Unknown
2016-12-15 COMMENT Must be logged in to use chart C-N CitiGroup

To add to his TD holdings?The biggest risk most investors make is concentration risk, having all your eggs in one basket. Since you already own Toronto Dominion, there is absolutely no reason to buy another US bank. He would suggest you look at FirstCash (FCFS-N) instead.


Price:
$60.230
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
No
2016-12-15 TOP PICK Must be logged in to use chart CB-N Chubb Limited

One of the larger property and casualty insurers. It has the lowest combined ratios, and make $0.12 on every $1 premium written, which goes right into their investment portfolio. With BV growth of roughly 10% a year, you are getting a 10% dividend in growth rate over time. Safe and stable. Dividend yield of 2.09%. (Analysts’ price target is $139.)


Price:
$133.310
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2016-12-15 PAST TOP PICK Must be logged in to use chart DSY-FP Dassault Systemes

(A Top Pick Jan 15/16. Up 10.02%.) These are the CAD/CAM software people. They are not just into automotive or aero space, but are also into consumer products, etc. This company can protect itself against any disruptive or destructive technology. The stock has done okay, but can do better. It has been growing at a much faster rate in the 15%-20% range, but hasn’t been reflected in the stock because nobody wants to touch Europe right now. A very opportune moment to get in, and he is buying more at these levels.


Price:
$0.000
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2016-12-15 DON'T BUY Must be logged in to use chart EMP.A-T Empire Company (A)

This company’s big problem is their acquisition of Safeway. They thought they would get the diversification outside of Ontario and the Maritimes, but just don’t understand that the Western supermarket business is a lot different. They dropped the ball and are paying the price for it. Stock was down 17% today. Feels this is more of a tax loss situation right now.


Price:
$15.520
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Unknown
2016-12-15 BUY Must be logged in to use chart FCFS-N First Cash Financial Services

These are a bunch of pawnshops in US, Mexico and Latin America. Their basic currency is gold jewelry. If gold happens to go higher, then their share price and earnings will follow along. Given that the banking system in Mexico and Latin America is not great, this is a good way for them to grow their branches. A very good entry point.


Price:
$47.800
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Unknown
2016-12-15 DON'T BUY Must be logged in to use chart GE-N General Electric

Not a stock he is interested in. When he screens his 7000 global stocks, he whittles the list down to about 165 companies that are generating consistent free cash flow. This gives them the financial flexibility where they can continue to grow and innovate. GE’s free cash flow has been declining at a huge rate, partly because of the spinoff of the credit business they had. As far as investors are concerned, this is very slow on the uptake. Prefers others such as Littelfuse (LFUS-Q).


Price:
$31.260
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
No
2016-12-15 TOP PICK Must be logged in to use chart GTO-NV Gemalto

Cyber Security and cryptology. Apple Pay and Amazon are some of their clients that they are doing all the cyber security for. They also do the chips for the Visa (V-N) and MasterCard (MA-N) credit cards. They do the holograms for passports and drivers licenses. Recently bought a biometric business from 3M. They are getting into Iris identification and fingerprint technology for all the border security, which has got the analysts very happy. Dividend yield of 0.86%. (Analysts’ price target is $59.40.)


Price:
$0.000
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2016-12-15 DON'T BUY Must be logged in to use chart IBM-N IBM

Not a big fan. Free cash flow growth is falling. It is all the share buybacks that is spoofing the EPS a little bit higher. They don’t have market share and they don’t have pricing power, and are trying to catch up to all the big players.


Price:
$168.020
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
No
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