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

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Don Lato , President

Padlock Investment Management


Date Signal Chart Symbol Company Opinion Price
2015-05-04 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. Looking at investment alternatives, there is still not a lot of competition from the fixed income market. We know that rates are inevitably going to rise, but he doesn’t feel that is necessarily a death knell for the bull market. Bank of Montréal did some studies that shows PE levels of the market are fairly valued right now, and can see at these levels a bit of an upturn in interest rates. We can withstand a little bit of an increase on the equity side, because coming with that are hopefully going to be higher earnings. Returns in the May to October period have historically been less than the October to April period, but you take the chance of being out of the market if there is a strong market, particularly in a pre-election year, which is where we are now.


Price:
$0.020
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
_N/A
2015-05-04 PAST TOP PICK Must be logged in to use chart AAPL-Q Apple

(A Top Pick April 10/14. Up 75.36%.) This still goes higher. Still a cheaply valued stock. Beat earnings again last week. The iWatch and Apple pay are going to be additive to earnings, and more importantly additive to the eco system.


Price:
$128.700
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2015-05-04 COMMENT Must be logged in to use chart AC-T Air Canada (B)

He has never owned an airline stocks. This is a business that has too much out of their control. The industry has gotten a lot smarter in the last several years and has tightened up the way they run their business, but this is a stock that has gone bankrupt 3 times and he is not interested.


Price:
$11.600
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
No
2015-05-04 BUY Must be logged in to use chart BAC-N Bank of America

Still very, very reasonably priced at about 10X next year’s earnings. You could step in here and feel comfortable. Pays a decent yield. He prefers buying Canadian banks because of the bigger protection and the bigger oligopoly. Also, you get the advantage of the dividend tax credit here.


Price:
$16.440
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
No
2015-05-04 DON'T BUY Must be logged in to use chart CAO-T Cara Operations Ltd.

He thinks the stock is still a little expensive. The new issue did very well. Came out at about $23 2-3 weeks ago. He thinks part of that was just a scarcity factor of non-resource Canadian companies.


Price:
$31.400
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
No
2015-05-04 COMMENT Must be logged in to use chart CCL.B-T CCL Industries (B)

Very well-managed company. Likes their exposure to the US$. Very well-managed. Diversified with their Avery Dennison purchase. Their competitor Ball Corp (BLL-N) recently made a major acquisition of a UK company, and there is some thought that they may have to divest some of those properties, perhaps at distressed prices. Conservatively financed, so they have lots of capacity to make an acquisition.


Price:
$140.500
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2015-05-04 TOP PICK Must be logged in to use chart CSH.UN-T Chartwell Seniors Housing

One of the major attractions of the seniors housing REIT is the demographics tailwind. This happens to be the biggest in Canada. Recently sold its US properties, which could be very, very timely because of the currency. This will allow them to pay down some debt. Dividend yield of 4.56%.


Price:
$12.080
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2015-05-04 HOLD Must be logged in to use chart DH-T DH Corporation

Used to be a cheque writing company, and over the years they wisely diversified into other financial service areas where they run the interface between the ATMs machines and online banking systems. Very, very well-managed company. He would look in the high $30 area is a possible entry point.


Price:
$41.970
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2015-05-04 BUY Must be logged in to use chart DOL-T Dollarama Inc.

A great company. It always appeared to be expensive, but the company kept executing quarter after quarter. Multiples have crept up to about 18 or 19 times earnings, so not a cheap stock, but there are so few good-quality retailers in Canada.


Price:
$69.990
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2015-05-04 BUY Must be logged in to use chart FRU-T Freehold Royalties

A royalty company which gets a percentage of revenue from anything that is produced on their land. This is a great play when oil and gas prices are rising and people are drilling like crazy. They basically have very little or no capital at risk and rely on all the other people exploring. Right now, with cutbacks in exploration budgets and cutbacks in commodity prices, the outlook is not as buoyant as it has been in the past. Pays a very nice dividend. Probably not a bad bet.


Price:
$17.950
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Unknown
2015-05-04 HOLD Must be logged in to use chart GIB.A-T CGI Group (A)

Pretty reasonably priced. Has done very, very well. Good company. Operating globally. If you see this piercing the 200 day moving average, it may be time to lighten up a little.


Price:
$51.420
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
No
2015-05-04 TOP PICK Must be logged in to use chart GILD-Q Gilead Sciences Inc.

This had a huge beat on its earnings and you don’t often see them that big. Based on their 2 hepatitis C drugs there have been lots of press. Trading at only 10X earnings. Still have a strong pipeline in HIV. Yield of 1.63%.


Price:
$105.660
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2015-05-04 COMMENT Must be logged in to use chart GPRO-Q GoPro Inc

Great company. Earnings are growing, but the multiple is just not a reasonable price anymore. It is transitioning from a pure hardware play to a media provider. As more and more people watch their channel, they get to share in the advertising revenue with Google. It still has a long ways to go.


Price:
$49.740
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
No
2015-05-04 COMMENT Must be logged in to use chart MFC-T Manulife Financial

Recently switched his holdings into Sun Life (SLF-T). Feels both of these companies are very well positioned and will be benefiting from higher interest rates.


Price:
$22.390
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
No
2015-05-04 PAST TOP PICK Must be logged in to use chart NCR-N NCR Corp.

(A Top Pick April 10/14. Down 16.62%.) This has had problem on execution as well as the US$ differential. They have been fighting currency headwinds for the better part of the last year.


Price:
$28.300
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
Showing 1 to 15 of 1,039 entries
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