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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
2015-05-05 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. Earnings, revenues, forecasts, etc. were pretty predictable as the bar was set quite low. Through the 1st quarter, expectations fell and fell and fell to the point where they were negative coming out of the 1st quarter. He also sees that the themes are exactly as he had expected, i.e., a lot of conference calls are citing revenues as being tough comparisons, because of foreign exchange translations. For the most part, the street is shrugging that off. His expectation is that the US$ will resume its strength against the euro. Pleased the market is taking a bit of a breather here. We are in a situation where the economy is tepid and not doing all that well. Corporate earnings are not barn burners by any stretch. A lot of growth is going to come from organic growth, company specific growth, so you have to find the stories that have catalysts and you have to do some work.


Price:
$0.020
Subject:
US EQUITIES
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
_N/A
2015-05-05 COMMENT Must be logged in to use chart ABT-N Abbott Labs

Right now this is more if a consumer and diagnostic company. Has done quite well. Is very, very steady. Have increased their dividends 43 years in a row. A nice holding for somebody who wants to buy something and just stay with it over the long-term. However, the valuation is not cheap. Well-managed and should do well over the long-term.


Price:
$46.850
Subject:
US EQUITIES
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
No
2015-05-05 PAST TOP PICK Must be logged in to use chart AIG-N American International Group

(A Top Pick April 30/14. Up 10.28%.) Thinks the market is cautious on this because of the troubles they had in 2008. He still believes there is a bit of a wait-and-see attitude on it. Well-managed. From a fundamental standpoint it is quite attractive, trading at about 10X earnings. Off the 2008 situation they have a tax credit, a deferred tax account, which is worth $7-$8 a share. The property/casualty area is quite constructive.


Price:
$58.000
Subject:
US EQUITIES
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
Yes
2015-05-05 TOP PICK Must be logged in to use chart AIRM-Q Air Methods Corp

Involved in air emergency evacuation/transportation business. They have 2 models, a community based model and a hospital-based model. An interesting company because it is one of those that you know will do well over the long-term. They have tripled their revenues over the last 10 years, and yet it is kind of lumpy because highly dependent on the weather being okay.


Price:
$44.370
Subject:
US EQUITIES
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
Yes
2015-05-05 COMMENT Must be logged in to use chart ANTM-N Anthem Inc

Healthcare is a great place to complement a portfolio and an obvious place to hedge against the US$ fluctuations. This one is a very, very large insurer. Somewhere around 40 million Americans in the healthcare area. It is a growth area because of the healthcare reform. Public sign-ups are increasing. Recently reported some very strong numbers.


Price:
$154.200
Subject:
US EQUITIES
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
Yes
2015-05-05 COMMENT Must be logged in to use chart BAC-N Bank of America

We are getting closer to the time when the US banks will be taking a leadership position as the Fed starts to tighten. That is a matter of great debate as to when. When that happens, the money centre banks will participate, and perhaps become a leadership group. This is not a bad choice, but feels that Citigroup (C-N) is probably a little better positioned to benefit from a recapture of the valuation spread.


Price:
$16.350
Subject:
US EQUITIES
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
No
2015-05-05 COMMENT Must be logged in to use chart CBG-N CBRE Group Inc

The company is more attractive than its stock. Global leasing is improving really dramatically, and this company is in the midst of that improvement. Stock has moved quite nicely and now trading at about 18X earnings. They don’t pay a dividend. He would rather play this on the other side, through a REIT, and get some distributions.


Price:
$37.280
Subject:
US EQUITIES
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
Unknown
2015-05-05 DON'T BUY Must be logged in to use chart CSCO-Q Cisco

CEO has just announced he is stepping down and moving up to Executive Chair. The company has been spinning its wheels for well over a decade. Revenue growth and earnings growth have been relatively flat. All that has changed over that time is the multiple. He keeps his eyes firmly on fundamentals, and when he looks at this company, he sees a struggle because a lot of their technology is no longer cutting edge.


Price:
$28.890
Subject:
US EQUITIES
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
No
2015-05-05 DON'T BUY Must be logged in to use chart CSX-N CSX Corp

CSX (CSX-N) or Union Pacific (UNP-N)? Using this as a constructive way of playing the strength of the US economy is proving not to work out. The US economy is not as strong as some had thought. They have a headwind in coal where about 20% of the revenue comes from that source. Oil only represents about 2%. Union Pacific is probably a little better run in terms of operating ratios, but a little more expensive. He would probably pass on both of these.


Price:
$35.410
Subject:
US EQUITIES
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
Unknown
2015-05-05 COMMENT Must be logged in to use chart ESRX-Q Express Scripts Inc

A pharmacy benefits manager (PBM) which basically creates a large buying pool on behalf of their holders. Thinks this whole group is interesting, but he has chosen to play it by owning CVS Health (CVS-N), which owns a company called CareMark, a competitor of this company. He would prefer CVS Health instead.


Price:
$84.610
Subject:
US EQUITIES
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
No
2015-05-05 COMMENT Must be logged in to use chart FB-Q Facebook

Dropped about 10% off its highs. This is in the face of some of their competitors reporting results that have largely been panned by the market. This company’s results were quite good. The opportunity on this company is immense. There is a lot of runway here. A lot of the 10% fall back is market related. A little bit of nervousness because of their peer group. Longer-term he feels this is a stock that is going to do quite well.


Price:
$77.560
Subject:
US EQUITIES
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
Yes
2015-05-05 COMMENT Must be logged in to use chart GE-N General Electric

Sold his holdings about a year ago. They recently made a huge announcement in terms of selling off the assets of GE Capital. This had been a problem through the 2008 time period because it was a financial hiding out as an industrial. The selloff is going to hurt earnings because GE Capital is a big contributor to earnings. They are offsetting that in large part with a huge buyback.


Price:
$26.920
Subject:
US EQUITIES
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
No
2015-05-05 COMMENT Must be logged in to use chart GOOGL-Q Google

Feels that people are questioning the long-term viability of this company’s model, in terms of monetizing the different initiatives that they have. Also, their dedication to good management, expense control, etc. He thinks the company is responding. What it is doing behind the scenes is getting less and less expensive, because they are growing. Have brought on a new CFO to handle their cost control. There are going to be some good things from this company.


Price:
$543.045
Subject:
US EQUITIES
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
Yes
2015-05-05 TOP PICK Must be logged in to use chart HD-N Home Depot

A play on the housing recovery and is one of those that protect you. If you don’t see housing starts grow dramatically, the renovation market tends to pick up. Very, very well-managed company. ROE is very high, pushing 70%. Expects they will do about $6 a share in 2016. Not terribly expensive and yet has a good growth profile. Dividend yield of 2.18%.


Price:
$108.060
Subject:
US EQUITIES
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
Yes
2015-05-05 PAST TOP PICK Must be logged in to use chart LZB-N La-Z-Boy Inc.

(A Top Pick April 30/14. Up 10.58%.) Bought this basically on the back of what he expected and still expects, i.e. a long term secular move in terms of the housing market and household formation. Looking at statistics, household formation in the US right now is running somewhere around $1 million a year, and the run rate of $1.5 million a year is needed to keep up with the immigration and population growth. Well-managed and produce a good product. Have done well and thinks they will do better.


Price:
$26.230
Subject:
US EQUITIES
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
Yes
Showing 1 to 15 of 1,521 entries
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