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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
2014-08-20 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. We haven’t had a meaningful correction since the fall of 2012. What we have just gone through over the last few weeks is what we have seen numerous times, 3%-5% corrections and everybody expecting it to be the big one. There is so much liquidity on the sidelines that people are stepping in when they get any opportunity. It will end someday, but none of us really know when. Looking at investors sentiments, there is still fear in the environment. For example, bond buying still trumps equity buying, which is quite surprising to many people. Statistics show that there are more aggregate dollars purchasing bonds than equities, and he thinks that is a very good thing. He would look to industrials, technology and healthcare as being areas that have the wind at their back, in terms of natural or organic growth.


Price:
$0.020
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
_N/A
2014-08-20 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Shorts. When you see a high short position on a security, 1) what is a High Short position and 2) how does that affect your view of the investment? A High Short position is generally an opportunity, because you have buying powers. If the company does well, then those shorts have to be covered, which is fuel for higher prices. You make your decision and then you live or die by it.


Price:
$0.020
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
_N/A
2014-08-20 BUY Must be logged in to use chart AAPL-Q Apple

He has been a long time holder of this stock. Even though it is at an all-time high, if you look at the fundamentals it is not expensive. They are spinning off a tremendous amount of cash. Post Steve Jobs they have done a 180 in terms of capital allocation. Very, very shareholder friendly by buying back shares at a rate of about 6% float per year. This is an all round good investment.


Price:
$100.570
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
Yes
2014-08-20 SELL Must be logged in to use chart ABBV-N AbbVie Inc.

(Market Call Minute.) This is a spin off from Abbott Labs (ABT-N). What concerns him is that they own Humera, a great drug, but it is coming off patent in 2016 and represents about 65% of their business.


Price:
$55.060
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
No
2014-08-20 TOP PICK Must be logged in to use chart AEGN-Q Aegion Corp

They have a technology for coating/protecting pipes. Trading at about 15X earnings. Management is very excited about their book building. Have quite a backlog. He thinks earnings will accelerate in the future, which would drive the stock price higher.


Price:
$24.320
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
Yes
2014-08-20 BUY Must be logged in to use chart ALR-N Alere Inc

(Market Call Minute.) Just recently had slightly disappointing earnings, but they are concentrating more on the professional market. 


Price:
$34.810
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
Yes
2014-08-20 COMMENT Must be logged in to use chart BAC-N Bank of America

There is really no catalyst. Loan growth is picking up a little bit, but margins and the net interest margin, because of the flat yield curve, just isn’t there. They keep getting fined and you wonder when it is going to end. He has been looking at this, but just hasn’t pulled the trigger. There will be a time in the cycle when banks will start to do well and there will be some good upside. His choice in banks, after doing his research, is more in Citigroup (C-N) because they are more behind the curve which gives him more opportunity.


Price:
$15.520
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
No
2014-08-20 SELL Must be logged in to use chart CSCO-Q Cisco

(Market Call Minute.) A slow growth business and not doing well on their main business of routers and switches.


Price:
$24.710
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
No
2014-08-20 TOP PICK Must be logged in to use chart DAN-N Dana Holding

Auto parts. The auto industry is continuing to recover and thinks they will do well into the future. Have a broad cut-out of very good customers. Coming out with products that, from a technology standpoint, are better. They are lighter, which has implications from a fuel economy standpoint. Trading at a nice multiple and it has growth opportunity.


Price:
$23.850
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
Yes
2014-08-20 BUY Must be logged in to use chart DD-N DuPont

(Market Call Minute.) Slightly disappointing numbers on the agriculture seed side of their business. They are really a new technology type of seed company.


Price:
$66.220
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
Yes
2014-08-20 COMMENT Must be logged in to use chart FB-Q Facebook

Looking very interesting. 1.35 billion active users and 1.4 million advertisers. They are becoming more than what we saw them as, a social media, and are really getting a lot of traction on the advertising side. Looks like they could be another Google (GOOGL-Q) so there is good opportunity. The downside is that they are trading at $75 and have $1.50 in earnings, so the multiple is extreme. With these situations, you generally see companies growing into their earnings. Watching it carefully.


Price:
$74.810
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
No
2014-08-20 COMMENT Must be logged in to use chart GE-N General Electric

General Electric (GE-N) or United Technologies (UTX-N)? In terms of a structured business plan, UTX is a little further ahead. However, for the past 10-15 years, GE has been quietly reorganizing and making good strides. Reducing their exposure to the financial side which cause them so much trouble in 2008. They are also trying to get out of the appliance side. This would leave them as a true industrial. (See Past Picks.)


Price:
$26.360
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
Yes
2014-08-20 PAST TOP PICK Must be logged in to use chart GE-N General Electric

(A Top Pick Aug 20/13. Up 14.81%.) (See comments under GE-N.)


Price:
$26.360
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
Yes
2014-08-20 COMMENT Must be logged in to use chart GM-N General Motors Corporation

Thinks this is a good opportunity. Expect we will see the run rate for production go from 16.5 million units up to 18-18.5 million before the cycle ends. There is good opportunity in Europe. Comparing this to Ford (F-N) the fundamentals are similar with Ford having a little more exposure to Europe. GM has the overhang of recalls while Ford doesn’t. Expects that 3-4 years from now they will both have done reasonably well.


Price:
$34.530
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
Unknown
2014-08-20 COMMENT Must be logged in to use chart HD-N Home Depot

Great management team. A wonderful place to sit and allow the housing recovery to mature. Very pleased with their earnings.


Price:
$90.750
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
Yes
Showing 1 to 15 of 1,348 entries
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