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

Viewing Expert

Robert Lauzon , Deputy Chief Investment Officer

Middlefield Capital Corporation


Date Signal Chart Symbol Company Opinion Price
2017-08-10 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  We could well see a pause in stocks.  Typically August, September or October you have a check back.  One out of 10 leads to something worse like a recession, but he does not see us close to that.  We are due for a 5% pullback.  Something will always cause sellers to come out of the woodwork and we are due for that.  Oil moved back a little.  If it goes above $50 something will be done to pull it back.  The US$ is helping commodities, with it having come off a little.


Price:
$0.020
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
_N/A
2017-08-10 HOLD Must be logged in to use chart ALA-T Altagas Ltd

The acquisition 6 months ago was won in the US against potentially many US competitors, and this is a concern because  why did they win this business.  They are going into areas where perhaps Trump wakes up with Tweets against Canadian takeovers of US companies.  You will not get certainty of the success of approvals on this for another year.  You could go to another company where you can get certainty going forward.  This one will be under pressure until the deal is done.  The sub-receipts are the way to play it because there is a guaranteed payment if the deal does not go up, but you get it converted to stock if it does.


Price:
$28.030
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
Unknown
2017-08-10 PAST TOP PICK Must be logged in to use chart BAC-N Bank of America

(Top Pick Nov 1/16, Up 48%)  The banks are still pretty cheap and there are catalysts still to come:  Deregulations and repatriation of cash.  It is still one of his major holdings.  You are going to see dividend bumps and buybacks in the US banks.


Price:
$24.120
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
Yes
2017-08-10 PAST TOP PICK Must be logged in to use chart BMY-N Bristol Myers Squibb

(Top Pick Nov 1/16, Up 15%)  They had a step back last year on their lung cancer drug.  He is still a major holder.


Price:
$56.590
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
Yes
2017-08-10 TOP PICK Must be logged in to use chart BMY-N Bristol Myers Squibb

It represents tremendous value for patient investors.  Over 3-4 years there is tremendous value in the pipeline of drugs.  They have the best franchise.  There are activists involved.  It could be an M&A target.  (Analysts’ target: $58.00).


Price:
$56.590
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
Yes
2017-08-10 PARTIAL BUY Must be logged in to use chart BPY.UN-T Brookfield Property Partners

It is probably one of the larger weights in his REIT portfolios.  It trades at a 25% discount to NAV.  You get a lot of exposure to diversity in businesses.  Private equity operators see potential for redevelopment of struggling malls in the future.  He would nibble at it here.


Price:
$30.090
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
Yes
2017-08-10 TOP PICK Must be logged in to use chart BX-N Blackstone Group LP

They are launching infrastructure and real estate funds.  They have done a great job of gathering assets.  They have also had the ability of disposing of assets they bought previously through IPOs.  They are able to pay out a lot of their cash as a high level of distribution.  (Analysts’ target: $38.00).


Price:
$32.300
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
Yes
2017-08-10 DON'T BUY Must be logged in to use chart CCO-T Cameco Corporation

The Japan accident took off a lot of demand for Uranium.  There has been a surplus of uranium out there from nuclear weapon dismantling and low cost countries’ production.  He sees the price of uranium more neutral over the next 6 months.


Price:
$12.320
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
Unknown
2017-08-10 TOP PICK Must be logged in to use chart CJ-T Cardinal Energy Ltd

They did an acquisition, which was the right thing for them to do.  They needed to get more light oil.  They got bigger, lighter and got more drilling locations.  Energy is out of favour.  The underwriters judged the market incorrectly.  Given how much the stock has pulled back, he sees tremendous value here.  It has a 10% dividend.  If oil gets above $50 you have a lot of torque and there has been a lot of insider buying in the last few days.  (Analysts’ target: $7.00).


Price:
$3.910
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
Yes
2017-08-10 BUY on WEAKNESS Must be logged in to use chart CSX-Q CSX Corp

There has been new management bought in to bring down operating ratios.  He likes it and would let it pull back a little more before buying it.  $45-$46 would be a better entry point.  He likes the steady US economy.


Price:
$49.840
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
No
2017-08-10 WEAK BUY Must be logged in to use chart FRU-T Freehold Royalties

WCP vs. FRU-T.  He prefers Freehold.  It is a safer way to play energy in these times.  They put a great quarter out last night, raised their dividend.  If oil went to $55-$60 you would make more money in WCP-T.  FRU-T has a low payout ratio.


Price:
$14.160
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
Yes
2017-08-10 BUY on WEAKNESS Must be logged in to use chart GC-T Great Canadian Gaming Corp

They are building a gambling complex in Toronto.  Ontario is looking to expand gaming facilities.  The GTA and Vancouver are the biggest markets in Canada.  If it checks back to $28 that would be a good entry level. 


Price:
$31.150
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
Unknown
2017-08-10 DON'T BUY Must be logged in to use chart HOT.UN-T American Hotel Income Properties

It is a smaller cap REIT.  The payout is high.  Most of the earnings are US$ translated back to CAD$, which just appreciated over the last three months.  The market is pricing this depreciation in the yield into the stock.  He is not expecting a dividend cut, but it is a possibility.  AIR B&B’s have not shaken up this industry yet, but they could.  He prefers BPY.UN-T.


Price:
$9.160
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
No
2017-08-10 HOLD Must be logged in to use chart HR.UN-T (Dead) H&R Real Estate Inv Trust

He likes it although it is not his favourite.  He holds it in all of his REIT funds.  Money has been reallocated due to the surprise increase in the interest rate by the BOC.  Money has been exiting this sector and this is the second biggest REIT in Canada.  If you are long term hold, then it is a safe long term hold.


Price:
$20.210
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
Yes
2017-08-10 HOLD Must be logged in to use chart KEL-T Kelt Exploration

It would not be affected if the trans-mountain pipeline was stopped as they produce more condensates, which go to the oil sands.  They do, however, do some fracking, which could get stopped by government intervention.  They put out an okay quarter last night.


Price:
$5.930
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
Unknown
Showing 1 to 15 of 1,069 entries
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