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

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Colin Stewart , Portfolio manager

JC Clark Investments Ltd.


Date Signal Chart Symbol Company Opinion Price
2015-06-12 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. He is a little cautious. We are starting to see signs both in Canada and the US that it is getting to be later innings. Hard to know when a bull market is going to end. There are a lot of IPOs happening, companies coming public at aggressive valuations, many oversubscribed deals, a lot of private equity firms spinning out companies they had taken private out of the public market. Also, there is some hype around certain sectors. He is not getting really bearish yet, but there are warning signs, so is trying to be more selective and find companies that are a bit more off the radar screen that trade at lower valuations. The risk is always a timing risk, so he tries to add to his Short positions to hedge off some risks. One risk today is if interest rates start to go up.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
_N/A
2015-06-12 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Housing.  Quite a different story between Canada and the US. The US is coming from a very depressed level of home prices, whereas in Canada pricing has been strong for some time. US market has been improving for the last couple of years and he sees that continuing because there is limited supply. There needs to be 1.5 million new homes built every year, and right now housing starts are at about 1 million. The fundamentals and outlook, based on the demographics of household formations, are very good.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2015-06-12 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Interest Rates. He is not a macroeconomic expert, but tends to focus on bottom-up analysis. Believes rates are poised to increase. There is a question of timing and magnitude. As a starting point, he does not think bonds are a very attractive place to be invested in today. You want to look at businesses that benefit in a rising rate environment, whether this is life insurance or US banks.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
_N/A
2015-06-12 COMMENT Must be logged in to use chart AAPL-Q Apple

It is hard to argue with this company. The only negative is the law of large numbers. The question is, can they continue to grow given that they are such a massive company and generates such huge amounts of cash flow and earnings. Not that expensive a stock, and if you back out the cash, it is probably trading at 11 or 12 times earnings.


Price:
$127.170
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2015-06-12 SELL Must be logged in to use chart BABA-N Alibaba Group Holding

This is an expensive stock. It came out of the gates with so much hype that it has been difficult for investors, with such a steep valuation and such high expectations.


Price:
$86.630
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2015-06-12 TOP PICK Must be logged in to use chart CJT-T Cargojet Inc

The dominant player in the time sensitive, overnight cargo business in Canada. Have 90%+ market share. A beneficiary of long-term secular trends in e-commerce. 25% of the company is owned by management. Very well positioned to significantly grow their EBITDA in earnings, because they got a contract with Canada Post, which doubled their volumes. Dividend yield of 2.39%.


Price:
$25.660
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2015-06-12 PAST TOP PICK Must be logged in to use chart CSW.A-T Corby Spirit and Wine (A)

(A Top Pick July 22/14. Up 11.64%.) Thinks the push into the US with Wisers is going relatively well and it is going to take another 12-18 months to really evaluate it. This is a stable, core Canadian business. Has a nice dividend yield while you wait. If they are successful with Wisers, it could significantly add, even double their earnings. Yield of 3.5%.


Price:
$22.030
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2015-06-12 COMMENT Must be logged in to use chart CWL-T Caldwell Partners Int'l (A)

This is in the executive search business in Canada. They are the 6th or 7th largest executive search firm in North America. We are seeing a nice pick up in the US job market, which is positive for this company. Have a lot of cash in their balance sheet. It might be an attractive acquisition candidate some day. Thinks there is good upside from here. Yield of 5.97%.


Price:
$1.320
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2015-06-12 COMMENT Must be logged in to use chart CXR-T Concordia Healthcare

An incredible Canadian success story, but has been predicated upon growth by acquisition. The healthcare space is quite hot right now. Because they have demonstrated their ability to acquire, they have access to capital markets. As long as that doesn’t shut down, the company will continue to be very acquisitive and very successful.


Price:
$87.570
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2015-06-12 PAST TOP PICK Must be logged in to use chart HBC-T Hudson Bay Co.

(A Top Pick July 22/14. Up 41.45%.) His thesis was that you are buying a retailer’s operations with improvement and reinvesting in the business. Always felt there was a lot of value in their real estate and that they were going to do something with it. They are looking at a department store in Germany that also has a big real estate holding. Something to keep an eye on for the future.


Price:
$24.000
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2015-06-12 COMMENT Must be logged in to use chart IFP-T Interfor Corp

Forest Products. This is a sector with largely Cdn$ costs, with operations in many cases in British Columbia. They are selling lumber into the US housing market in US$’s, so they benefit from the currency mismatch. A company like this would be a beneficiary.


Price:
$20.000
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2015-06-12 COMMENT Must be logged in to use chart IYH-N iShares US Healthcare E.T.F.

For the last decade investors have been thinking about healthcare and talking about demographics. For a long time healthcare companies in North America didn’t do much, but that really changed in the last 1.5-2 years. Thinks this is the beginning of a longer-term trend, and we will see continued growth in the healthcare industry. For a long-term proposition, this is not a bad place to be.


Price:
$158.130
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2015-06-12 HOLD Must be logged in to use chart LGT.B-T Logistec Corp

A port operator on the Eastern seaboard that owns and operates a number of ports in Eastern Canada and the US. They are beneficiaries of increasing global trade. These assets, that are considered infrastructure types, are becoming more and more valuable as more institutional investors look to own these types of businesses. Trades at 12-13 times enterprise value to EBITDA, so not particularly cheap. However, for an asset of that quality and a company that has had very steady earnings growth over time, it is probably warranted.


Price:
$44.500
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2015-06-12 COMMENT Must be logged in to use chart MET-N Metlife

If a person wants to participate in the trend of rising interest rates, life insurance companies in particular tend to be very well positioned. An interesting way to play that trend. He prefers US banks better because of lower multiples with more room for improvement. Banks also get more benefit from improving housing markets.


Price:
$55.770
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2015-06-12 PAST TOP PICK Must be logged in to use chart MSG-Q Madison Square Garden (D)

(A Top Pick July 22/14. Up 42.1%.) Sold his holdings about 4-5 months ago, a little too early. His thesis was on the very valuable sports franchises they own.


Price:
$85.220
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
Showing 1 to 15 of 682 entries
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