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

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Gordon Reid , President and CEO

GoodReid Investment Counsel

Address
47 Colborne Street
Suite 400
Toronto, ON
M5E 1P8

Contact Info
Telephone: 416.364.0890
Toll Free: 1.888.466.3734
Fax: 416.364.1788
Email:


Date Signal Chart Symbol Company Opinion Price
2014-03-19 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Interest rates. Fed members seem to expect interest rates to start rising at an earlier stage than previously thought, maybe April-May in 2015. If interest-rates rise, we can expect they are rising because the economy is getting stronger, and if the economy is getting stronger, the underlying companies that make up that economy are getting stronger, which means the market should be stronger.


Price:
$0.020
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
_N/A
2014-03-19 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. Thinks it is relatively fairly valued. Any growth of the market will probably come on the back of earnings as opposed to revision of valuation or multiples upwards. 2013 was a fantastic year in the US equity markets and certainly earnings didn’t rise as much is prices, so, by definition, valuations rose. Thinks we are at a point where we are fairly valued, not overvalued.


Price:
$0.020
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
_N/A
2014-03-19 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

US banks. Rose with the prospect of higher interest rates. Banks basically like this, even though what we saw was a flattening of the yield curve. People had expected long rates to rise steepening the yield curve, but what we saw was that short rates actually rose, flattening the yield curve, which traditionally isn’t good for the banks because the net interest margins that the banks sort of live with is low. We have to dig in as to why the banks rallied today.


Price:
$0.020
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
_N/A
2014-03-19 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market timing. Looking at the TSX or Dow market curve, would you buy stocks today or wait for the in investable downturn coming this year? This is a very important issue. What if the market messes us up and goes up 15%, and then corrects back, but is at a higher level after the correction? He uses an asset allocation model. Each client comes in and he looks at where their asset should be placed, based on their own personal circumstances and their risk/reward and he ends up with a balanced portfolio. This mechanically forces him to Buy low and Sell high. As the market goes up, the equity portion on a percentage basis will rise and he is forced to trim off. Conversely, as the market drops, the equity portion becomes less of a percentage and he starts to edge in and Buy low. (You can find this article on his website.)


Price:
$0.020
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
_N/A
2014-03-19 COMMENT Must be logged in to use chart AIG-N American International Group

Thinks this has promise and has room to grow. You may have to be patient with this. This is a property/casualty company that has gone back to its roots. Have fairly good pricing power. Just initiated a new dividend after having paid off the government at a profit. Valuation basis is quite compelling.


Price:
$49.730
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
Yes
2014-03-19 TOP PICK Must be logged in to use chart ALR-N Alere Inc

In diagnostic, monitoring testing for healthcare. About 75% of the business is aimed at the professional market and about 25% at the consumer market. Came out with a very, very interesting diagnostic tool for professionals just recently. Within 15 minutes it can diagnose the flu. Inexpensive at about 13X earnings. Growing at about 15% per year.


Price:
$36.590
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
Yes
2014-03-19 TOP PICK Must be logged in to use chart BA-N Boeing

Really loves the idea of the predictability for many years to come. Right through to the end of the decade, they have an order book of $374 billion, representing over 5000 airplanes. Airlines need the new airplanes because from an operations standpoint, they are anywhere from 10% to 15% more fuel-efficient than the older fleets. That really represents the bread-and-butter of the airlines. 787 is now in full production. Also, have the 737 Max in full production. They will be busy for the next 5-7 years. Not expensive.


Price:
$122.240
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
Yes
2014-03-19 BUY Must be logged in to use chart BAC-N Bank of America

Coming off the stress test, the banks very likely will get the go-ahead to allocate capital with more autonomy. You’ll see both buybacks and increased dividends. Will probably increase dividends first. This bank has done quite well coming off the 2011 low. Trading at about 80% of BV so it still represents pretty good value. His favourite at this point is probably Citigroup (C-N) but that is more on a valuation basis. This bank represents good value.


Price:
$17.440
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
No
2014-03-19 COMMENT Must be logged in to use chart C-N CitiGroup

Watching this very carefully. Likes that the more senior banks have sort of shown the way with what we are likely to see with this bank. This bank is making great efforts in getting rid of the toxic assets and really cleaning things up, and bringing them back to a more domestic focus. Trading at about 72% of BV. Pretty good-looking situation.


Price:
$48.940
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
No
2014-03-19 SELL Must be logged in to use chart CSCO-Q Cisco

Should I sell? You always have to think about your holdings as to whether you are employing them in the best possible way today and into the future. Often investors think of their own history and that they want to get even, which is a destructive way of thinking about your portfolio.


Price:
$21.630
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
No
2014-03-19 PAST TOP PICK Must be logged in to use chart DIS-N Walt Disney

(A Top Pick March 13/13. Up 42.16%.) Had reached his valuation point of around 21X earnings and growing at 12%-13%. Thinks it is now fully valued and if you own, he would recommend you switch out of this and into Time Warner (TWX-N) where you will get every bit the same growth and the same media space. You get this for about 6 valuation points cheaper.


Price:
$80.520
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
No
2014-03-19 BUY Must be logged in to use chart ESV-N Ensco PLC

Likes this. Chart shows it has been affected by the same thing that affected Hornbeck Offshore Services (HOS-N) (see Past Picks). Represents good value. Has one of the youngest fleets. Utilization rates are very high. Making very good money.


Price:
$49.620
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
Unknown
2014-03-19 BUY Must be logged in to use chart GE-N General Electric

This is a good opportunity here. Trades at a couple of multiple points below the other industrials. Sort of still in the doghouse a little over GE Capital which really hurt the company back in 2008-2009. Spinning out some of the domestic side of GE Capital is really good. As time goes on, the market will forgive and the multiple will start to move back towards where the other industrial competitors are at. That represents somewhere in the neighbourhood of 15%-18%.


Price:
$25.280
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
Yes
2014-03-19 TOP PICK Must be logged in to use chart GOOG-Q Google

Has done very well from a price standpoint. Has kept up in terms of fundamentals. Going to earn somewhere in the area of $50 a share this year. Not inexpensive, but growing very nicely at around 20% on both the revenue line and the earnings line. The story here is the mobility aspect.


Price:
$1199.250
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
Yes
2014-03-19 PAST TOP PICK Must be logged in to use chart HAL-N Halliburton Co

(A Top Pick March 13/13. Up 37.21%.) Not much has changed. Still doing extremely well internationally. Still struggling a little bit domestically, but that is kind of fuel for the future. Quite excited about the fact that there should be some big activity in the US. They just need the well build cycle to build and domestically he thinks they will do quite well. On the international side they are growing at double digit revenue new growth.


Price:
$56.780
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
Yes
Showing 1 to 15 of 1,231 entries
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