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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
2014-06-06 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. Euphoria in the market is not good for anyone, but he thinks there is enough worry and skepticism right now that this is not a problem. The memories of 2008-2009 are still unbelievably with investors. This whole move in the last 4-5 weeks has been greeted with a lot of skepticism, and people are looking for the next correction. Feels the retail investors are not fully invested, but institutional money is fully invested, as they have had to turn to the equity markets because of the rates they are getting in their pension funds, etc.


Price:
$0.020
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
_N/A
2014-06-06 BUY Must be logged in to use chart AAPL-Q Apple

Stock is splitting on Monday, and he sees no reason to buy it today because of that. The company has tremendous potential. Just unveiled some new software that he thinks will keep people further and further into the whole of the Apple system. Have increased compatibility among their devices. There are rumours today that iWatch has started for a September release, and it is almost inevitable that we are going to see a larger iPhone 6 in September/October, which will be a boon for their Christmas sales.


Price:
$645.570
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2014-06-06 DON'T BUY Must be logged in to use chart AMZN-Q Amazon.com

Great, great company. This is basically a company that created a business that had not existed before, but not a very profitable company. They keep talking about investing for the future, but that future never seems to come.


Price:
$329.670
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
No
2014-06-06 DON'T BUY Must be logged in to use chart CCO-T Cameco Corporation

He would be reticent on this. There has been more positive news over the last few months, but a negative report yesterday sent the whole group into another dip. They are looking for supply/demand balances to still be in favour of more supply and weaker prices through until 2021. That’s a long time to wait for a cyclical commodity type play.


Price:
$21.000
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
No
2014-06-06 BUY Must be logged in to use chart CM-T Canadian Imperial Bank of Commerce

This has been a good place to be. Stock has really performed well over the last 6 months. The environment continues to be a good place for them. Still slow, steady growth in the economy. If interest rates were higher they could make more money, and he doesn’t see how interest rates could go much lower. His biggest exposure is with Toronto Dominion (TD-T) as he likes their exposure to the US economy.


Price:
$97.010
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2014-06-06 HOLD Must be logged in to use chart CNQ-T Canadian Natural Rsrcs

Seems to be able to manoeuvre between the different sectors of the oil/gas market that are in favour. Well diversified between oil sands production and offshore natural gas. Well managed. You are going to see increased production come out of the Horizon plant over the next couple of years.


Price:
$45.990
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2014-06-06 DON'T BUY Must be logged in to use chart COH-N Coach Inc

The whole fashion industry is a tough one. This was everybody’s darling for many, many years, but he thinks a little bit of the lustre has come off. He would be very hesitant to step in right now. Huge competition. They started to expand their market beyond bags, and have competition in that area. Valuation is still fairly rich even though the stock has come down.


Price:
$39.990
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
No
2014-06-06 PAST TOP PICK Must be logged in to use chart CTSH-Q Cognizant Technology Solutions Corp.

(A Top Pick July 5/13. Up 53.2%.) Had a 2-for-1 stock split. Stock sold off because of concerns on new immigration laws in the US. Those have been watered down substantially, and the stock has responded accordingly. Still a Hold, but at the upper end of earnings where he feels comfortable.


Price:
$49.830
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2014-06-06 DON'T BUY Must be logged in to use chart CVX-N Chevron Texaco

When designing a portfolio for his clients, he is generally going to look in Canada. Although this is a great company, the growth prospects are fairly muted. Pays a nice yield, but that does not qualify for the dividend tax credit.


Price:
$124.190
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
No
2014-06-06 HOLD Must be logged in to use chart ECA-T Encana Corp

Feels they have done a lot of smart things recently. Deleveraging for one thing. Also, the IPO of PrairieSky Royalty (PSK-T), which went extremely well, raised more money than they thought it would. A great company, and very well run. Not as much growth as some of the smaller names in the area, so he doesn’t own this. If you own, you could continue to hold over the next couple of years. Most of the gas producers are very, very profitable at these levels. (See Top Picks.)


Price:
$25.380
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
No
2014-06-06 COMMENT Must be logged in to use chart F-N Ford Motor

In a unique position to, unfortunately, capitalize on General Motors (GM-N) woes. Valuation is very reasonable. There is still a lot of debt, which is his one big concern. If we got into another down cycle, sooner than expected, then that that could be a huge overhang on the stock. Looking at this one.


Price:
$17.080
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
No
2014-06-06 COMMENT Must be logged in to use chart FB-Q Facebook

Thought the purchase of WhatsApp for $19 billion was insane. He’s been on the sidelines with this. Never bought into the fact that they were going to be a huge challenger to Google (GOOG-Q) in online advertising. Had a $1.83 of earnings, but that is against a $62 stock price. He can buy Google at under 20X earnings.


Price:
$62.500
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
No
2014-06-06 BUY Must be logged in to use chart FDX-N FedEx

If you have a position with this, he would continue to Hold. Feels it is better value than United Parcel Service (UPS-N). This is a play on the continued growth of the US economy, and particularly the online spending that seems to be increasing dramatically every year.


Price:
$142.700
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Unknown
2014-06-06 PAST TOP PICK Must be logged in to use chart GDOT-N Green Dot Corp

(A Top Pick July 5/13. Down 3.47%.) Provides prepaid debit card to a number of retailers in the US. Their biggest customer is Wal-Mart (WMT-N). Ran into some problems on their 4th quarter report, but the next one was fairly decent. Getting closer to 2015, the Wal-Mart contract comes up, so there is some concern that it may not be renewed. A Hold at these valuation levels.


Price:
$18.780
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2014-06-06 TOP PICK Must be logged in to use chart GILD-Q Gilead Sciences Inc.

Trading at only 11X next years earnings because they have had a real earnings boost from their most recently released hepatitis C drug. Sold off with all the other biotech’s earlier in the year, which provided a great entry point. Have a tremendous pipeline, and some very, very potentially meaningful drugs.


Price:
$82.390
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
Showing 1 to 15 of 947 entries
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