stockchase picture

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

Expert Index

List by First Name

List by Last Name

David Driscoll , Partner

Toron Investment Management


Date Signal Chart Symbol Company Opinion Price
2014-05-20 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. Doesn’t feel valuations we are seeing are justified. There are prognosticators out there that say we are just in the middle of the beginning of the cycle, but the difficulty he has when screening the 4,000 stocks he looks at, is that a lot of companies are getting away with buying back shares to pump up their earnings and where organic growth on the revenue side is minimal at best. Similar to what GDP growth is, so-so in the US and nonexistent in Europe. Having to deal with foreign exchange headwinds because all the money that went into emerging markets last year and coming back to the US now have sent the US markets very high this year. But now we are starting to see the Russell 2000 beginning to correct and we are getting more losers than winners on a daily basis. This could be the beginning of a nice summertime correction.


Price:
$0.020
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
_N/A
2014-05-20 PAST TOP PICK Must be logged in to use chart ABC-N Amerisourcebergen Corp

(BNN had the date as Nov 28/13, but I show Nov 8/13.) (A Top Pick Nov 8/13. Down 0.32%.) A distributor, not a manufacturer of pharmaceuticals. Have Walgreen (WAG-N) and Bootes as their biggest partners. Share price has been a little weak only because they issued warrants to Walgreens and issued long-term debt to buy back shares to offset the warrants. Going to start hitting its earnings growth over 2015-2016.


Price:
$69.790
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2014-05-20 COMMENT Must be logged in to use chart BAC-N Bank of America

The difficulty is that this bank is too big to fail and the attempt to raise their dividend failed, which will keep them in the doghouse for quite a while. US money centered banks are so big, they can be sitting in litigation for a long, long period of time which can erode their ability to grow their interest income. At the same time, if you are getting sluggish environment right across the board, or in parts of the businesses, wealth management is doing well, but trading is not. If the homebuilders market slows down this bank will be impacted.


Price:
$14.530
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
No
2014-05-20 PAST TOP PICK Must be logged in to use chart BCPC-Q Balchem Corp

(BNN had the date as Nov 28/13, but I show Nov 8/13.) (A Top Pick Nov 8/13. Down 9.15%.) Made an acquisition that is going to be accretive to their earnings and the stock shot up to $67, but that was because it hit 1.5 billion in market and all the ETFs had to pile in. It has settled back down again. Make choline chloride, a vitamin B supplement, which goes into our drinks and also helps increase yield for dairy cows. Also used for fracing in the oil/gas industry.


Price:
$53.460
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2014-05-20 DON'T BUY Must be logged in to use chart CCO-T Cameco Corporation

If we have an inflationary economy, then you want to own all the resources, because the economy will do well relative to rising inflation. The difficulty is that the uranium price is doing the “dead cat” bounce right now. Demand for this has slowed ever since the Fukushima disaster. Dividend has stayed the same, around $0.40, so it is not like getting a big upside in the growth in income and therefore you need share price performance and the stock has not done a whole lot in a long time.


Price:
$20.940
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
No
2014-05-20 DON'T BUY Must be logged in to use chart DB-N Deutsche Bank AG

Their dividend is €0.75 and has been that way since 2010, down from €4.11 in 2008. They were not able to recover their business fast enough to generate the free cash flow to get the dividends back up. There is still the big cloud overhead that they are doing a big "rights issue" right now, simply because they have all these litigation issues down the road.


Price:
$41.410
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
No
2014-05-20 HOLD Must be logged in to use chart DD-N DuPont

DuPont (DD-N) and Dow are trying to shed non-core assets, which are mostly the plastic businesses. They generate a ton of cash flow. Earnings have been good and the stocks have been rising in this rally because this latest rally has been on the back of industrials and the big commodity companies. This company will continue to do what it is supposed to do as long as the economy continues going forward. The cold winter slowed down their earnings which should start to improve in the back end of the year. Stock has been growing about 20%-25% a year. Still likes.


Price:
$66.690
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2014-05-20 HOLD Must be logged in to use chart DOW-N Dow Chemical

This company and DuPont (DD-N) are trying to shed non-core assets, which are mostly the plastic businesses. They generate a ton of cash flow. Earnings have been good and the stocks have been rising in this rally because this latest rally has been on the back of industrials and the big commodity companies. This is a good company and will continue to do what it is supposed to do as long as the economy continues going forward.


Price:
$49.740
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
No
2014-05-20 PAST TOP PICK Must be logged in to use chart EKTAB-SS Electa AB

(BNN had the date as Nov 28/13, but I show Nov 8/13.) (A Top Pick Nov 8/13. Down 3.75%.) Healthcare. The Swedish krona has done well so there is some currency growth. This is another situation where at the back end of the year, if their earnings come back up, they have the ability to see their earnings pop. Dividend is growing at roughly 20%-25% a year. Still thinks they have some terrific growth to come.


Price:
$0.000
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2014-05-20 TOP PICK Must be logged in to use chart FEIC-Q FEI Company

These shares are for kids and the grand kids because the dividend yield is not great (about .05%), but has been growing at roughly 30% per year. Company manufactures software. Think of 3-D for oil and gas analyzing in laboratories with electron microscopes. All of that can be seen in 3D which allows them to get better depth and better information for better evaluations. They don’t have a lot of competition and have been growing at 20%-30% over the last 10-20 years.


Price:
$80.140
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2014-05-20 TOP PICK Must be logged in to use chart FTS-T Fortis Inc.

They are still waiting for approval of the electrical utility acquisition in Arizona. They have regulated and non-regulated assets. Regulated would be Canada, US and a little bit in the Caribbean. Non-regulated would be a little bit in Belize and Holiday Inns out East. They have so many projects going on now that this is really their growth spurts because if the utility rate base is growing, the earnings are going to follow and ultimately the dividend should start to grow more than a penny a year. Compared to the big guys, they are trading at a much lower multiple. If there is a selloff in the market in the summer then utilities at these low rates should continue to be attractive. Yielding close to 4% now.


Price:
$32.410
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2014-05-20 TOP PICK Must be logged in to use chart GETIB-SS Getinge AB

Does all contamination cleanups in hospital operating rooms, etc. They make all the products and all the equipment that goes with it. Have also got their life sciences side of the business. Got hurt briefly in the last quarter because emerging markets stopped spending. However, demand is there and has always been there and the company has been growing at roughly 10%-15% per year, both in dividends and earnings. Good entry point for a company you can own for the long run.


Price:
$0.000
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2014-05-20 COMMENT Must be logged in to use chart GOOG-Q Google

GOOG-Q or GOOGL-Q? Which stock would you hold, voting or nonvoting? You always want to have a vote, because nonvoting shareholders tend to get brushed aside. In non-voting situations, individuals tend to want to get their hands on the shareholders’ cash and do unreasonable things. Of the tech companies that do not pay a dividend, this is the crème de la crème because the growth is still there. Even though the stock is trading in the $500 range, you are looking at 16X next years earnings so it is still relatively attractive.


Price:
$529.770
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
No
2014-05-20 COMMENT Must be logged in to use chart KKR-N KKR & Co. LP

One of the top leading private equity firms that is publicly listed. Have been very good at growing their pools over time, but not something he is a big fan of because they tended to destroy long-term value by creating short-term value for themselves. Like many of the private equity guys, they are buying up everything they can get their hands on. This is causing problems for the rest of corporate America because there are a lot of CEOs complaining that they are pushing the prices up that are no longer viable. He owns their preferred shares which are yielding 7%-8% roughly.


Price:
$22.860
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2014-05-20 COMMENT Must be logged in to use chart MX-T Methanex Corp

Some of these chemical companies have seen higher feedstock costs. As natural gas has risen this company falls in that category. Very good company, but going to be very cyclical so you have to sit back and take on the volatility for the longer-term growth and the growth and the dividend over time. Roughly 10X next year’s earnings. Earnings and cash flow growth are in the mid-teen range so it is still worth considering. This would be for a 5-10 year time horizon.


Price:
$62.750
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
No
Showing 1 to 15 of 1,566 entries
First Previous 1 2 3 4 5 Next Last

No Comments.


You must be logged in to comment.