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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
2014-11-03 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. He was set up for the correction. As the year progressed and the equities were outperforming, they became a greater and greater piece of the portfolios and he was trimming back. It forces you to do mechanically what you should do intellectually, Sell High and Buy Low. The correction was a V bottom one, which in a way, has kind of negative implication for the market. It trains investors to not worry about a correction and of being overweighted in their equity positions. Most people define corrections by percentages, and he thinks that is misguided as we have to define them by effect. The effect of the correction is intended to be to dislodge securities, stocks from hands of the weak. On balance, the market is fairly valued. Going into 2015, we are very likely going to see more volatility, which is normal. That is a constructive thing for the market and it is healthy for it.


Price:
$0.020
Subject:
US EQUITIES
Bias:
UNKNOWN
Owned:
_N/A
2014-11-03 DON'T BUY Must be logged in to use chart AA-N Alcoa

Has done well in price appreciation, largely on the back of cost-cutting. Their revenues have not grown appreciably. The smelting business, up until recently, has been in business of trying to create demand by cutting off supply. A big part of their mining is done in China, which they don't control, and that gives him pause. The good news is that the downstream business has really picked up. However, he would still pass.


Price:
$16.930
Subject:
US EQUITIES
Bias:
UNKNOWN
Owned:
No
2014-11-03 BUY Must be logged in to use chart AAPL-Q Apple

This has been a core position for his clients for almost 9 years. He still likes it. Management is very shareholder friendly. Trading at about 13X earnings. If you incorporate the cash that they have, it is trading at about 11X. Still good value.


Price:
$109.400
Subject:
US EQUITIES
Bias:
UNKNOWN
Owned:
Yes
2014-11-03 COMMENT Must be logged in to use chart AXP-N American Express

This company is doing some good things. Last report was very constructive and very good. He prefers Visa (V-N), which doesn't have credit risks and is just a transactional type of business.


Price:
$90.850
Subject:
US EQUITIES
Bias:
UNKNOWN
Owned:
No
2014-11-03 TOP PICK Must be logged in to use chart C-N CitiGroup

Just recently bought this. Government charges are starting to wane. Against its peers, this bank is very, very inexpensive. Trading at about 10X earnings, versus 13X for the 40 largest banks. Yield of 0.07%.


Price:
$53.470
Subject:
US EQUITIES
Bias:
UNKNOWN
Owned:
Yes
2014-11-03 BUY Must be logged in to use chart CSX-N CSX Corp

Likes the way this rail is priced. It trades at a big discount to the 2 Canadian rails. Well run. The exposure here is with their coal business, but he thinks that is more than offset by the industrial expansion that is going on in the US.


Price:
$35.370
Subject:
US EQUITIES
Bias:
UNKNOWN
Owned:
No
2014-11-03 BUY Must be logged in to use chart DD-N DuPont

He owns this for the agriculture slant through their seed business. That business is a little lumpy and a little tough at the moment, but it has long-term potential. A very well-managed company. Much of the business now comes from industrial biosciences, and more high-tech, rather than the high-tech industrial chemical. This is a good place to be, and you are somewhat hedged regarding agriculture.


Price:
$68.880
Subject:
US EQUITIES
Bias:
UNKNOWN
Owned:
Yes
2014-11-03 COMMENT Must be logged in to use chart DIS-N Walt Disney

For long-term hold, would it be Starbucks (SBUX-Q) or Disney (DIS-N)? He doesn't own either. They are both fairly expensive with Starbucks trading at about 25X earnings and this one at about 20X. Regarding growth metrics, Starbucks is probably a little bit growthier, but he feels it has some risk. If he had to choose one, it would probably be this, but he sold his holdings about a year ago.


Price:
$91.710
Subject:
US EQUITIES
Bias:
UNKNOWN
Owned:
No
2014-11-03 PAST TOP PICK Must be logged in to use chart ESL-N Esterline Technologies

(A Past Pick Nov 13/13. Up 44.33%.) A producer of sensors and avionics. There is not a Boeing aircraft in flight that does not have a lot of dollars that come off this company. Currently trading at about 18X earnings.


Price:
$115.780
Subject:
US EQUITIES
Bias:
UNKNOWN
Owned:
Yes
2014-11-03 COMMENT Must be logged in to use chart GILD-Q Gilead Sciences Inc.

To him, this stock is a little scary. It has a couple of attributes that really cause him to think. The biggest is that their main drug is incredibly expensive. He would want some security that the high price would have some staying power. There could be competition coming from Abbvie (ABBV-N).


Price:
$109.980
Subject:
US EQUITIES
Bias:
UNKNOWN
Owned:
No
2014-11-03 TOP PICK Must be logged in to use chart PCLN-Q Priceline.com Inc.

Expecting $65 a share in earnings next year. Reporting tomorrow morning at 7 AM, and he expects good things. They are growing their gross bookings in the high 20% range.


Price:
$1198.520
Subject:
US EQUITIES
Bias:
UNKNOWN
Owned:
Yes
2014-11-03 COMMENT Must be logged in to use chart PFE-N Pfizer Inc

If you look back 4-5 years at any of the major pharmaceuticals, their revenues have not grown a nickel. This is because they spend an incredible amount of money on R&D. Then, because of legislation in the US, they go off patent and they lose a big piece of their revenue stream. This one is a cash cow because it produced a lot of cash that it paid out in dividends. In a low interest-rate environment, people were looking for dividends and yield. Long-term, this is misguided from a business growth and development standpoint.


Price:
$30.190
Subject:
US EQUITIES
Bias:
UNKNOWN
Owned:
No
2014-11-03 PAST TOP PICK Must be logged in to use chart QCOM-Q Qualcomm

(A Past Pick Nov 13/13. Up 14%.) They control the LTE chip market with a 97% control right. This is a play on smart phones, mobility and chips that go into mobility. Trading at about 15X earnings. The downside is that they are very heavily in the China market.


Price:
$78.240
Subject:
US EQUITIES
Bias:
UNKNOWN
Owned:
Yes
2014-11-03 COMMENT Must be logged in to use chart RIG-N Transocean Inc.

Drillers have probably been unduly punished, but it is not a surprise. They are affected by long dated events. The big oil corporations make capital allocation and expenditure decisions many, many years in advance. With oil prices dropping in the $80 range, there is a lot of fear that these drillers are going to lose contracts and have idle rigs. Management has been questioned as they have done some questionable things. He prefers Ensco (ESV-N) whose fleet is much newer and their utilization rates are much higher at 96%.


Price:
$28.870
Subject:
US EQUITIES
Bias:
UNKNOWN
Owned:
No
2014-11-03 DON'T BUY Must be logged in to use chart SBUX-Q Starbucks

For long-term hold, would it be Starbucks (SBUX-Q) or Disney (DIS-N)? He doesn't own either. They are both fairly expensive with this one trading at about 25X earnings and Disney at about 20X. Regarding growth metrics, this is probably a little bit growthier, but he feels it has some risk. If he had to choose one, it would probably be DIS-N.


Price:
$76.100
Subject:
US EQUITIES
Bias:
UNKNOWN
Owned:
No
Showing 1 to 15 of 1,392 entries
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