Viewing Expert Gordon Reid | StockChase
stockchase picture

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

Viewing Expert

Gordon Reid , President

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
2016-12-19 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  Trump is not a single catalyst.  The bond market made a turn in July.  The reason for rotation was made clear through the election.  The republican senate makes way for change.  Investors should look at their portfolios to see which one will be the winners.  This will not be a trade but a long term investment.  With the rate move in December it was not a front page story.  This is a positive thing for the economy and the equity markets. 


Price:
$0.020
Subject:
US EQUITIES
Bias:
SELECTIVE
Owned:
_N/A
2016-12-19 BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Healthcare Stocks.  He thinks the sector deserves an equal weight in any portfolio.  The market does not know how the Affordable Care Act will settle out.  He thinks in the end there will be more insured healthcare in the US in one form or another.  He would go large in the insurers.  He likes biotechs rather than pure pharmas.  He does not like device makers because of pricing pressures.  Also beware of one-product companies.


Price:
$0.020
Subject:
US EQUITIES
Bias:
SELECTIVE
Owned:
Yes
2016-12-19 HOLD Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Large Tech Stocks.  He does not use ETFs because he is an active manager and buys the individual stocks.  Tech stocks offer a good opportunity.  He thinks it will wane a little bit.  A number of them have very good valuations.  They are a good long term hold.


Price:
$0.020
Subject:
US EQUITIES
Bias:
SELECTIVE
Owned:
Yes
2016-12-19 COMMENT Must be logged in to use chart AMZN-Q Amazon.com

It marches to its own drummer.  Management is considered a genius.  They are slowly but surely taking over online shopping.  He likes to look at revenue growth rather than profits with them.  He does not own it because of a lack of visibility, however.


Price:
$766.000
Subject:
US EQUITIES
Bias:
SELECTIVE
Owned:
No
2016-12-19 COMMENT Must be logged in to use chart BA-N Boeing

They have a large backlog.  They have 5700 planes in backlog.  It is really a cash flow story.  The valuation is not very stretched.  Trump’s talk of trade could be a risk.  China is a big, big customer of theirs.  You have to defend against stumbles via diversification.


Price:
$156.180
Subject:
US EQUITIES
Bias:
SELECTIVE
Owned:
Yes
2016-12-19 BUY Must be logged in to use chart BAC-N Bank of America

A great pick in the money center banks.  He got in in October before the election.  It is up sharply.  It is the most levered to a change in interest rates.  Deregulation that we will likely see will add to profitability.  It will all lead to a revision to a multiple higher.


Price:
$22.480
Subject:
US EQUITIES
Bias:
SELECTIVE
Owned:
Yes
2016-12-19 BUY Must be logged in to use chart BX-N Blackstone Group LP

Investment companies are certainly benefiting from what we have seen – regulation and deregulation.  The directional winds are at the back of all these companies.  We have seen a move on these companies, but it will not be a straight line up.  It should move to high lows and higher highs.


Price:
$29.080
Subject:
US EQUITIES
Bias:
SELECTIVE
Owned:
No
2016-12-19 BUY Must be logged in to use chart C-N CitiGroup

This and BAC-N are both great companies.  Of all the money center banks these are the ones that got into the most trouble during the financial crisis. 


Price:
$59.660
Subject:
US EQUITIES
Bias:
SELECTIVE
Owned:
Yes
2016-12-19 TOP PICK Must be logged in to use chart CAA-N CalAtlantic Group Inc.

A home builder in the US in areas of higher growth.  They are a combination of two companies that merged last year.  Synergies are very strong.  With mortgages becoming more expensive, but house hold formations are still below population growth, so the US needs more houses.    Valuations are quite low on this one.  The tax benefit, if it comes, will be highly beneficial to home builders as they are one of the highest taxed.  (Analysts' Target: $41.38). 


Price:
$34.690
Subject:
US EQUITIES
Bias:
SELECTIVE
Owned:
Yes
2016-12-19 DON'T BUY Must be logged in to use chart CSX-Q CSX Corp

The rails have come back somewhat with the thought that the US economy might build a little bit.  They have been very reliant on coal.  As much as Trump talks about bringing back coal and manufacturing, he does not think coal will come back in a big way to rails so they have to offset it.  They increased their intermodal business.  Basically they are a proxy for industrial activity in the US.  He prefers Union pacific.


Price:
$36.230
Subject:
US EQUITIES
Bias:
SELECTIVE
Owned:
Unknown
2016-12-19 TOP PICK Must be logged in to use chart CVS-N CVS Health Corp

It has not done particularly well recently but has been a good long term performer so now is a good entry point.  Demographically it is a good place to be.  98.8% of prescriptions are covered by benefits.  (Analysts' Target: $87.72)


Price:
$79.930
Subject:
US EQUITIES
Bias:
SELECTIVE
Owned:
Yes
2016-12-19 DON'T BUY Must be logged in to use chart DIS-N Walt Disney

The movie studio has really been the driving force, followed by the theme parks and then third by the networks.  44% of revenues come off ABC and ESPN.  With talk of cord cutting and smaller bundles as well as a decline on subscriptions to ESPN, he would be very careful here.  It has the overhang of half of its revenue coming from a challenged source (Networks).  There are better opportunities in the media space.


Price:
$105.300
Subject:
US EQUITIES
Bias:
SELECTIVE
Owned:
No
2016-12-19 DON'T BUY Must be logged in to use chart F-N Ford Motor

He doesn’t own the primary auto makers.  They are truly cyclical companies and you should buy them at high multiples and sell them at low multiples, as strange as that seems.  He prefers a derivative play like MG-T, or US parts manufacturers.  He thinks there are more legs to those stories.  They are also more involved in the aftermarket.


Price:
$12.660
Subject:
US EQUITIES
Bias:
SELECTIVE
Owned:
No
2016-12-19 DON'T BUY Must be logged in to use chart GE-N General Electric

It was a failed stock and the price reflects the stock.  Revenues are up 8% over 15 years with flat profits.  They made a big acquisition a couple of years ago in France, but it is not the best business environment with French labour laws.  They probably over paid for the deal.  Stay away from GE-N.


Price:
$31.920
Subject:
US EQUITIES
Bias:
SELECTIVE
Owned:
Unknown
2016-12-19 PAST TOP PICK Must be logged in to use chart GOOGL-Q Alphabet Inc. (A)

(Top Pick Dec 15/15, Up 7.11%) It has been a steady performer.  He does not think it satisfied a lot of investors because their price action does not reflect their results.  They are revolutionizing the online experience.  84% of their business is over mobile devices.  Management has introduced a lot of discipline into the company.  YouTube has taken off.  They are making money.  It is a bit shy in terms of multiple.


Price:
$780.230
Subject:
US EQUITIES
Bias:
SELECTIVE
Owned:
Yes
Showing 1 to 15 of 1,905 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.