stockchase picture

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

Expert Index

List by First Name

List by Last Name

Colin Stewart , Portfolio manager

JC Clark Investments Ltd.


Date Signal Chart Symbol Company Opinion Price
2014-02-21 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  US economy is gradually improving but housing data is not better due to weather.  We have to wait a few months and then see.  If we got any unexpected inflation then the fed might react.  Thinks they maintain the low interest rate policy longer than people believe.  Earnings have been pretty good except for weather impacts.  The market was just pausing while in a rising trend.  Equities are fairly valued so you have to try to find companies whose earnings will rise above average or find undervalued companies.  Thinks right now you have a bit of a rotation going on.  The Canadian dollar being weaker is a positive.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
SELECTIVE
Owned:
_N/A
2014-02-21 BUY Must be logged in to use chart AAPL-Q Apple

It is a really hated stock.  Generates a lot of cash flow.  8 times earnings so it represents great value.  You need some innovation and new products for it to move.  It’s hard to know exactly when that is going to happen.  Thinks it will be in the next 12 to 24 months.


Price:
$525.250
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
SELECTIVE
Owned:
Unknown
2014-02-21 DON'T BUY Must be logged in to use chart AGF.B-T AGF Management (B)

Struggled over the years.  Don’t have the distribution that other mutual fund companies have.  Major redemptions and loss of portfolio managers over the years. 


Price:
$11.210
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
SELECTIVE
Owned:
No
2014-02-21 HOLD Must be logged in to use chart AIG-N American International Group

Has been a great turnaround story. Significantly de-levered the balance sheet.  Trades at a discount.  He took profits. But now he would recommend holding if you own it.


Price:
$48.980
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
SELECTIVE
Owned:
No
2014-02-21 BUY Must be logged in to use chart BA-T Bell Aliant

There are some challenges.  They spent a lot of capital to build out the fiber network.  Pay a nice dividend and there is some concern that it might have to cut the dividend.  Management team has stated they don’t intend to do that.  The company still intrigues him.  Thinks the spending is almost complete.


Price:
$26.440
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
SELECTIVE
Owned:
No
2014-02-21 TOP PICK Must be logged in to use chart BAM.A-T Brookfield Asset Management (A)

Owns a lot of real estate on their own balance sheet, but had great success raising money from pension funds, which earns fees.


Price:
$44.520
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
SELECTIVE
Owned:
Yes
2014-02-21 WAIT Must be logged in to use chart BAU-T Bauer Performance Sports Ltd.

There is only so much growth in that category, so they bought soccer and baseball companies.  Good company at a reasonable valuation.  Because of recent acquisition there is concern they may have to raise money.  Potentially he would look at buying if they do an equity issue.


Price:
$13.960
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
SELECTIVE
Owned:
No
2014-02-21 DON'T BUY Must be logged in to use chart BBD.B-T Bombardier Inc (B)

A tough one.  Perennially disappointed and every year analysts get excited, the stock runs up and then it comes back.  Quite a bit of leverage.  He has avoided it.  A tricky one to own and a tricky one to hedge.


Price:
$3.510
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
SELECTIVE
Owned:
No
2014-02-21 BUY Must be logged in to use chart BTE-T Baytex Energy Corp

There is speculation that there could be another bid for Aurora.  Assuming they close the deal it will be very good for BTE.


Price:
$40.350
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
SELECTIVE
Owned:
Unknown
2014-02-21 PAST TOP PICK Must be logged in to use chart CJR.B-T Corus Entertainment (B)

(Top Pick Jan 28/13, Up 3.56%) He got out because fundamentals were diverging.  They reported a weak quarter. 


Price:
$25.250
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
SELECTIVE
Owned:
Unknown
2014-02-21 PARTIAL SELL Must be logged in to use chart CKEC-Q Carmike Cinemas Inc.

Really likes the business.  It could be taken out by a larger consolidator.  He sold in the last month or so because it is more fully valued now.


Price:
$29.110
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
SELECTIVE
Owned:
No
2014-02-21 DON'T BUY Must be logged in to use chart CP-T Canadian Pacific Rail

CP has far outperformed CNR in the last year to year and a half.  An active investor took a position and made changes.  There were operational improvements.  A lot of that good news is built into the share price.  Better to look at CNR where there is more opportunity.


Price:
$173.770
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
SELECTIVE
Owned:
No
2014-02-21 HOLD Must be logged in to use chart F-N Ford Motor

Has GM right now.  The whole auto space had such a good recovery that it is just a pause at present.  They both gave some guidance that was weaker than expected and some of the monthly auto sales came in weaker but that could be weather related.  Thinks they will do well.  Either hold or sell some F-N and buy some GM-N


Price:
$15.160
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
SELECTIVE
Owned:
No
2014-02-21 BUY Must be logged in to use chart HWD-T Hardwoods Distribution

A great business.  Wood products that go into US housing.  Some new and some reno.  There is a 12 month lag between housing increase and HWD’s earnings being stronger.  Thinks it will be a solid performer.  Several years left in the US housing market recovery before a plateau.


Price:
$10.380
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
SELECTIVE
Owned:
Yes
2014-02-21 DON'T BUY Must be logged in to use chart JCP-N J.C. Penney

Too difficult to tell how things will work out.  They could file for bankruptcy protection.


Price:
$5.640
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
SELECTIVE
Owned:
Unknown
Showing 1 to 15 of 527 entries
First Previous 1 2 3 4 5 Next Last

No Comments.


You must be logged in to comment.