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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
2014-07-24 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. We are in a unique situation where there is so much money on the sidelines; people want to take advantage on any dip. We are not getting traditional corrections, but getting 3%-5% corrections, and then we see money flow positive coming to the market. On the other side, there is this healthy skepticism that is not allowing this to turn into a bubble, which is very, very good. So, while we are pushing the top end in terms of valuation ranges, earnings are coming in pretty healthily on an ongoing basis, quarter by quarter. As long as we keep the cap on and not get too exuberant, the market will work its way higher in a gradual way. There are a lot of people out there who are still feeling the effects of 2008 psychologically, and just not able to commit to the level of equity exposure that they would like to, or think they should to achieve their financial goals.


Price:
$0.020
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
_N/A
2014-07-24 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Small Caps. Historically these have outperformed large caps. They have an ability to move in a nimble way. At this point in the market, we are starting to sniff a little inflation, which is a good thing for small-cap companies. It gives them pricing power and the ability to adjust on the cost side in a much faster way than very large companies.


Price:
$0.020
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
_N/A
2014-07-24 COMMENT Must be logged in to use chart AA-N Alcoa

Hasn’t owned this because he just doesn’t feel comfortable in a situation where they are making strides on the cost side, and by trying to equalize the supply/demand situation. There has been a tremendous amount of supply in the smelters, and they have been shuttering smelters to try to equalize that. They are not completely in control because China is a big producer. However, the company has done a good job.


Price:
$17.000
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
No
2014-07-24 PAST TOP PICK Must be logged in to use chart AAPL-Q Apple

(A Top Pick July 17/13. Up 61.67%.) Had a 7 for 1 stock split. Thinks the market has refocused. Has gone from euphoria when the iPhones were being introduced, followed by the doldrums when people were pricing the company for extinction. We are now moving back towards the euphoria phase with a new product cycle that is about to hit us. There will probably be an iWatch. Have returned $78 billion to shareholders in the last 1.5 years. Have another $50 billion or so, to satisfy their commitment. Thinks the stock can go higher from here. Still represents excellent value.


Price:
$97.030
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
Yes
2014-07-24 TOP PICK Must be logged in to use chart AXL-N American Axle & Mfg Hldgs Inc.

This was spun off from General Motors (GM-N) in 1994. Make drive line axles, primarily for trucks initially, but have moved into the car business. Most of the business historically has been with General Motors, but are now down to about 55% with GM, and are dealing with about 100 different customers. Growing their earnings at a fairly good clip of about 15% annually, but are only trading at 8 or 9 times earnings.


Price:
$19.230
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
Yes
2014-07-24 TOP PICK Must be logged in to use chart BA-N Boeing

This is a great story. It has visibility, which a lot of companies don’t. We are seeing a $377 billion backlog for 5200 commercial aircraft. They have the 787 Dream Liner. Trading at about 16X earnings. It is a captive market. Airlines need to buy new technology and new aircrafts because they are more fuel efficient.


Price:
$124.400
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
Yes
2014-07-24 COMMENT Must be logged in to use chart BAC-N Bank of America

The only financial that he owns is Goldman Sachs (GS-N). Expecting that over the next year or 18 months, he will have more of an exposure to the money centered banks. Feels that we are likely to see some inflation entering the economy, and for that reason we are likely to see the yield curve steepen, and banks will make money the old traditional way, lending long and borrowing short and lending long.


Price:
$15.620
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
No
2014-07-24 TOP PICK Must be logged in to use chart CVS-N CVS Corp.

A drugstore and a pharmacy benefit manager combined. The drugstore story is great because of the aging population plus the greater number of insured in the US. A lot of the business that is happening is generic, and the margins are much, much higher. Dividend yield of 1.39%.


Price:
$78.890
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
Yes
2014-07-24 HOLD Must be logged in to use chart DIS-N Walt Disney

Has done extremely well, but he sold his holdings at around $75 on a valuation basis. It had topped up over 20X earnings, about 4 multiple points higher than its traditional multiple. A tremendous company, and over a very long period of time, it is going to have its ups and downs.


Price:
$86.800
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
No
2014-07-24 COMMENT Must be logged in to use chart FB-Q Facebook

Just hit a record high. Wasn’t sure that it was going to be the company that would have the staying power to be the next Google (GOOGL-Q), etc. However, it has 1.3 billion users and 1.4 million advertisers. Mobility is just growing in leaps and bounds. Looks very interesting.


Price:
$74.980
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
No
2014-07-24 DON'T BUY Must be logged in to use chart FDX-N FedEx

United Parcel Service (UPS-N) or FedEx (FDX-N)? Both are doing well from a stock side, better than on a fundamental side. UPS is more of the ground transport play. This is an air play. This has been more proactive in terms of the management of their business and is trying to wring out about $1.6 billion annually by the beginning of 2016. For the time being he would pass on both of these as they are a little too expensive on the multiple and valuation side.


Price:
$152.500
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
No
2014-07-24 COMMENT Must be logged in to use chart GILD-Q Gilead Sciences Inc.

An interesting company. In the biotech area, this gets a lot of press. They have a Hep C drug that is a blockbuster, and is benefiting the company by leaps and bounds. A lot of people are crowding into this trade because of the quickly growing situation. Digging a little deeper, you find the price of their Hep C drug is exorbitant, $1000 a day. Abbvie (ABBV-N) are in the late stage development of a Hep C drug that seems to have the same efficacy, and will be a heck of a lot cheaper. You have to be aware of the risks.


Price:
$90.540
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
No
2014-07-24 SELL Must be logged in to use chart GM-N General Motors Corporation

If he were to own a car company, he would probably gravitate towards Ford (F-N). The news on General Motors is in the paper every day. They have sort of set the stage for a perpetual high level of recalls because, from a reputation standpoint, the worst thing that could happen is to have another situation like they did with ignition switches.


Price:
$35.740
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
No
2014-07-24 PAST TOP PICK Must be logged in to use chart HD-N Home Depot

(A Top Pick July 17/13. Up 3.17%.) A little surprised the US housing has been somewhat sluggish and hasn’t gone up to a higher level. Moving in fits and starts. There are still probably half a million new builds shorts of just satisfying the demand. Still a Buy and is good value.


Price:
$81.200
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
Yes
2014-07-24 SELL Must be logged in to use chart IBM-N IBM

This is a company that has really been challenged on the revenue side for quite a while. Their hardware business is late cycle and their services business has been a little bit lumpy. They have made the most of their cost cutting initiatives, which has really driven the stock for a number of years.


Price:
$195.240
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
No
Showing 1 to 15 of 1,321 entries
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