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

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Alex Ruus , Executive VP & Portfolio Manager

BluMont Capital

Bio:

 


Date Signal Chart Symbol Company Opinion Price
2014-12-10 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Energy. Currently his funds are at about 5%-6% energy, which he would consider his base level for energy exposure. Current conditions are all-out selling panic in the energy market. You should have some energy exposure in your portfolio at all times, because at any time, you could have some significant political event in one of the major oil producers and instead of a discussion tomorrow on how low the oil price will go, it will be how high it will go. From a longer-term perspective, you always want to be there. Everything gets driven in the short term by what the oil price is doing tomorrow morning. The coming year is going to be a bit tough, but there is still a trading range. 12-24 months from now, we will be talking about how high energy will be going. The US economy right now is the leader. Despite the fact that they have a significant shale oil industry now, it is actually a net/net a positive because, at the end of the day, with all the talk of energy independence, the US is still a net importer of energy. He thinks this will drive a little bit of economic growth for us. Some of our industrials are going to benefit from a falling Loonie. Valuations are all over the place. It has become such a momentum driven market that anything going up, continues to go up and, everything that goes down, continues to go down until it hits a real base level. Net/net, the overall equity market, he would call is still slightly undervalued. There is a big dichotomy out there. Some stuff is vastly undervalued with some that is overvalued.


Price:
$0.020
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
_N/A
2014-12-10 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

REITs. He would say that Canadian real estate is a little bit ahead of itself, specifically on the residential side. REITs tend to not really be residential plays. By and large, Canadian REITs tend to do quite well and are conservatively managed. They pay out steady dividends and distributions. You probably won’t see quite the growth that we have seen over the last 10 years. Where you do want to be a little bit careful, is the mortgage lenders in residential real estate. The average loan to value has gone up, so there is more susceptibility to a back off in the real estate market. Canadian real estate market has been held in check much more by the Bank of Canada, then what has happened in the US. The more realistic scenario, from a residential real estate perspective, would be a sideways to a very slightly down market over the coming 5-10 years.


Price:
$0.020
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
_N/A
2014-12-10 PAST TOP PICK Must be logged in to use chart AD-T Alaris Royalty

(A Top Pick Dec 6/13. Up 2.73%.) This has gone through a bit of a ride. Had a big downturn in the 1st quarter. Had invested in Sears Holding, which Sears kind of abandoned. This was the first bad investment they had made. Had a bit of a selloff and then a bunch of Shorts jumped on. It drove the stock down from a $35 range down to $24 in the 1st quarter. Since then it has been recovering. Every quarter they just continued doing what they had been doing for the last 6-7 years since becoming public. There was another dividend increase this year and there will probably be another next year. A great stock.


Price:
$33.490
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Yes
2014-12-10 COMMENT Must be logged in to use chart ALA-T Altagas Ltd

Good, mid-streaming company. More stable than your typical oil/gas producer, because they are not as affected by oil and gas pricing. A little bit expensive here and will probably drift down with sentiment with the oil/gas producers over the next 6 months. If it got back to the $30 level, it would be pretty good value.


Price:
$37.160
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Unknown
2014-12-10 COMMENT Must be logged in to use chart APO-X Acasti Pharma

Thinks there will be an event next year that will get the stock up above $1. Has been a poor performer this year. At the end of September, they came out with phase II trial results on their big Capri drug. Trial results were good. The current drug is a multimillion dollar drug that reduces triglyceride by 20%. This company’s drug, with half the dosage, came out with a 40% reduction. Because there were a bunch of short term players that when the stock didn’t pop a lot immediately, they decided to bail which has put on some selling pressure. For a company with a $30 million Enterprise Value, you are investing in something that would probably be in the half billion dollar range in the US. There is huge upside in the stock. New management is coming in, and once the phase 3 trial comes in, you are likely to see the stock really accelerate upwards.


Price:
$0.470
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Yes
2014-12-10 BUY on WEAKNESS Must be logged in to use chart BAC-N Bank of America

Doesn’t own any banks and is not a huge fan, but would probably prefer US banks to Canadian ones. This is an alright Hold. Had a decent recovery here. Relatively low dividends, but are being allowed now to pay out more, as the balance sheets have recovered. He is still a bit cautious, and would probably Buy on weakness.


Price:
$17.380
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
No
2014-12-10 COMMENT Must be logged in to use chart BAC-N Bank of America

Bank of America (BAC-N) or AT&T (T-N)? When you are valuing stocks, you have to look at the long-term free cash flow that a company can generate. In the short term, you are probably better with AT&T. It depends on what you want in the stock. AT&T will be much more stable, and he would prefer it because he is much more cautious on banks in the short term. However, on a 10 year term, you would probably make more money on this one.


Price:
$17.380
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Unknown
2014-12-10 COMMENT Must be logged in to use chart CNR-T Canadian National R.R.

Getting hit because of a perception they may get hit on the “crude by rail” in terms of volumes. There is an entire peripheral damage type discussion that is starting to spook the entire street that is looking for whatever exposure anything might have to a low oil price. This and Canadian Pacific (CP-T) have benefited over the last 5 years in the ramp up in oil transported by crude, as well as sand for fracing transported by rail. The reality is that it is less than 5% of their business. Valuations on railways have come up, but people have made a lot of money on the stocks and are getting a little jittery and are starting to pull the trigger now. This could be due for a 10% pullback; these are great, long term businesses.


Price:
$73.620
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
No
2014-12-10 COMMENT Must be logged in to use chart CVX-N Chevron Texaco

In the very short term, there is pressure on the oil/gas sector. In the next month, he would expect this stock to go lower, but in 5 years, you will make money on this. In the next 6 months, a financial would probably do better.


Price:
$104.860
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Unknown
2014-12-10 BUY Must be logged in to use chart DCI-T DirectCash Payments Inc

Had a bit of a pullback last year. Did a lot of business with the Cash Store, which had gotten into a fair bit of trouble. Also, there were a bunch of Shorts attacking the stock, which knocked the stock back significantly. It was way overdone, so at these levels, it is very attractive. A nice cash generating business.


Price:
$17.180
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Yes
2014-12-10 TOP PICK Must be logged in to use chart GILD-Q Gilead Sciences Inc.

Loves this company and thinks it is going a lot higher. A fantastic story in so many ways. A great stock and is generating a ton of shareholder wealth for owners. It is solving a lot of big health problems in the world. This has been the HIV drug leader globally for many years. Continues to produce better medicine in the HIV category. Launched a new revolutionary hepatitis drug called Solvaldi in January, and it looks like it is going to be the most successful 1st year launch of a drug in history. Over $10 billion in sales over 1 drug is pretty rare. They have followed that up by a 2nd hepatitis drug in October, and between the 2, the company is growing like a weed. While the stock has done well, it has not caught up with the fundamentals. Stock is trading at 10X next year’s earnings and generates a ton of free cash flow. They are buying back stock.


Price:
$104.840
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Yes
2014-12-10 SELL Must be logged in to use chart HBC-T Hudson Bay Co.

He has been amazed at the pop this stock has had. From a fundamental perspective, he has a lot of concerns about the company. They are basically just levering the balance sheet up. For those who have been in this for the last 6 months, good for you. You have made some good money. If he owned, he would Sell it here. This is a company with not great fundamentals. It is just re-setting of the pieces of the puzzle to make it look like it is more valuable than it was 6 months ago.


Price:
$15.250
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
No
2014-12-10 PAST TOP PICK Must be logged in to use chart LYB-N LyondellBasell Industries

(A Top Pick Dec 6/13. Up 0.28%.) Stock is trading at a double-digit free cash flow yield and paying almost a 4% dividend. Biggest part of their business is chemicals, so your feed stocks for that business is ethane. Their biggest business is in the US so they can take advantage of the cheap ethane in North America. Have competitors internationally that produce those same products, but from naptha, an oil derivative, so the worry the market is having is that their competitors are going to become more cost competitive. The reality is that oil has to come down to about $25 a barrel to be cost competitive. This retreat is way overdone and he thinks it will start to go back up.


Price:
$74.620
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Yes
2014-12-10 COMMENT Must be logged in to use chart MFC-T Manulife Financial

He does not own any of the big lifecos or banks. He calls life insurance companies big black boxes, as no one outside really understands what the earnings stated really mean. This company went through a lot of problems and really got beaten up. He thinks they have stabilized and are moving things forward and have some momentum with the wind behind its back. He would actually prefer this over some of the Canadian banks.


Price:
$21.590
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Unknown
2014-12-10 TOP PICK Must be logged in to use chart MG-T Magna Int'l. (A)

(A Top Pick Dec 6/13. Up 44.45%.) Has a couple of more years to run. Really well positioned strategically internationally and benefiting from a growing auto business world worldwide. In baseball terminology, this would be in the 4th-5th inning for the auto cycle. Europe is still bottoming. They are gaining share globally because they are great manufacturers at low cost and they manage their balance sheet really well.


Price:
$122.160
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Yes
Showing 1 to 15 of 428 entries
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