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

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John O'Connell, CFA , Chairman and CEO

Davis Rea


Date Signal Chart Symbol Company Opinion Price
2014-06-30 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. It is interesting how much caution people are exercising, and how worried they are and how lingering the hangover is from the financial crisis of 2008-2009. We ultimately always have corrections, but we don’t know what is going to cause them. The good news is that we are seeing lots of signs that people are looking for a big correction, which is a good positive. Ultimately valuations on stocks are determined by earnings, and the good news is that earnings are actually driving at a fairly decent clip, irrespective of fairly sloppy activity in the 1st quarter.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
_N/A
2014-06-30 PAST TOP PICK Must be logged in to use chart ALA-T Altagas Ltd

(A Top Pick March 25/13. Up 47.58%.) Had been a little concerned about interest sensitivity, and it is no longer as cheap as it was.


Price:
$49.080
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-06-30 BUY Must be logged in to use chart CDI-T Canelson Drilling

Thinks this is the best operator out there. Has exposure in Saskatchewan, which he thinks is wise. Pays a dividend. Have 50 rigs or so. Rock solid balance sheet. The whole drilling space will tend to move well in an environment like we are in now. Feels we are fairly well advanced into a fairly decent, cyclical upturn in drilling companies. 2.9% dividend yield.


Price:
$8.170
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2014-06-30 COMMENT Must be logged in to use chart CNR-T Canadian National R.R.

Expect this will do pretty well. All the rails have done very well. The drawback to rails is that they have all had very, very big moves. A lower PE way of playing this is through Element Financial (EFN-T), which is involved in building new railcars.


Price:
$69.400
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2014-06-30 BUY Must be logged in to use chart DCI-N Donaldson

Manufactures filters for trucks and tractors. A great call on the global industrial recovery that we think we are going to see. Expects earnings are going to grow very rapidly. Have been investing a lot of money in both China and Europe, buying new distributors. Very, very innovative. Great growth story. Yield of 1.6%.


Price:
$42.320
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-06-30 BUY Must be logged in to use chart EFN-T Element Financial

Acquired this when they did a big financing recently, and he feels quite positive about it. Their most recent acquisition of a large US fleet, will defer their taxes for a good 10 years or so. Strong management team. Lots of integration opportunities. Expects there will be a credit upgrade, and this will be the fastest growing financial in Canada in 20150-2016. Trading at around 12X forward earnings, good value for a company that will grow as quickly as it will. $18-$20 in 18 months.


Price:
$13.480
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-06-30 COMMENT Must be logged in to use chart ENB-T Enbridge

Thinks this is fully valued. Has been a great growth story for years. Continues to perform fantastically well. As the pipeline business gets more and more complicated from a regulatory and First Nations perspective, these pipes are aging. Maintenance costs are going to increase. The risk is, as we are not able to build new pipes, the old ones sprout more and more leaks.


Price:
$50.630
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-06-30 COMMENT Must be logged in to use chart GILD-Q Gilead Sciences Inc.

A good company. Trading at about 13X forward earnings. Has been a little controversial. Has a hepatitis C drug, which costs about $84,000 to take, and has a lot of politicians up in arms. Very innovative with some good drugs in the pipeline. This is one you could own for the longer haul. It will be volatile. For the next number of years there is a pretty good indication of earnings growth, but a big chunk of its profits are driven by one drug. If they start running into problems with regards to politics with the pricing, it could prove to be problematic.


Price:
$82.910
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2014-06-30 DON'T BUY Must be logged in to use chart GM-N General Motors Corporation

Has never owned car companies as they are very capital intensive. They have a habit of having huge recalls and losses. It’s a difficult market and a difficult business. There have been a number of years now of fairly strong car sales and it is a cyclical business.


Price:
$36.300
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2014-06-30 TOP PICK Must be logged in to use chart GOOGL-Q Google

Great balance sheet. Trading at a market multiple while it is growing at 3 or 4 times the rate of the average stock. Highly innovative. They own YouTube (media), Android and Search. Have 80% margins. An incredible company with highly innovative management team.


Price:
$584.670
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-06-30 COMMENT Must be logged in to use chart HSBC-N HSBC Holdings P L C

Good bank. A lot of big international banks are trading at big discounts to the Book Value because investors don’t actually know what BV really is. This has a large exposure to Asia, and there is a lot of concern right now about loans, in China particularly. Well-run bank, but has had its problems like a lot of banks. Fairly good dividend.


Price:
$50.800
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2014-06-30 TOP PICK Must be logged in to use chart IBM-N IBM

They are consistently criticized by the investment community, for not giving them enough guidance. This company is focused on the long-term. An incredibly powerful company. Good strong balance sheet. Exceptionally broad product category. Getting involved in new software technology.


Price:
$181.270
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-06-30 PARTIAL SELL Must be logged in to use chart JNJ-N Johnson & Johnson

Good quality company, and has been a great story. Stock is getting a little bit rich. If you own, you might want to consider trimming a little.


Price:
$104.620
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-06-30 PAST TOP PICK Must be logged in to use chart K-T Kinross Gold

(A Top Pick March 25/13. Down 45.02%.) Bailed out of this pretty quickly. The whole gold sector was just a mess. Took his tax losses and moved on.


Price:
$4.420
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2014-06-30 COMMENT Must be logged in to use chart MG-T Magna Int'l. (A)

His major concern and consideration their exposure to the car industry. Well-run company. Doesn’t think the car industry is going to come to a screeching halt. If you really want exposure to the automotive manufacturing industry, this is a good one.


Price:
$114.860
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
Showing 1 to 15 of 892 entries
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