Viewing Expert Colin Stewart | StockChase
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Compiling comments that experts make about stocks while on public TV.

Viewing Expert

Colin Stewart , CEO & Portfolio manager

JC Clark Investments Ltd.


Date Signal Chart Symbol Company Opinion Price
2016-08-17 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market. He is a little cautious. Economic data has been mixed. It is likely that we are near the beginning of a rate increase cycle, and the market’s rationalization for fairly high levels of valuation, and a lot of that is predicated upon a low interest rate environment. If we start to see a change, that could be a headwind. There are a lot of macro economic data points that are neutral at best. Market valuation bubbles are high, so he is a bit more defensive and selective. An area that has been depressed for some time are financial stocks, banks in particular, so the US financial sector and banking sector is an area he is looking at. Balance sheets are in the best shape they have been in a long time. In many cases they have a very nice dividend yields, and are trading at pretty low historic valuation levels. If rates move up, some of the banks should do well. Technology is another area that is interesting, and are trading at valuation levels a little below historic averages. On the other hand, things like REITs, utilities and staples are trading at big, big premiums because of the low rates, so he would be avoiding these.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
CAUTIOUS
Owned:
_N/A
2016-08-17 PAST TOP PICK Must be logged in to use chart AAPL-Q Apple

(A Top Pick Sept 3/15. Up 0.58%.) Still owns a modest size position in this. There is a lot of controversy, but at the end of the day, it is a great branded company, and people love their products and continue to buy them. This is trading for less than 10X earnings ex-cash, so is very cheap relative to the market. Has a huge amount of cash on its balance sheet. Over time, there are all kinds of opportunities for the company to get involved in the connected car, software as a service, data storage, etc.


Price:
$109.220
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
CAUTIOUS
Owned:
Yes
2016-08-17 SELL Must be logged in to use chart ABX-T Barrick Gold

(Market Call Minute.) This has had a big run, so if he had it, he would be inclined to take some profits, and reinvest elsewhere.


Price:
$26.780
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
CAUTIOUS
Owned:
Unknown
2016-08-17 SELL Must be logged in to use chart AQN-T Algonquin Power & Utilities Corp

(Market Call Minute.) This has done very well, but it is rate sensitive. If rates move up, it could be at risk of a pullback. He would take profits here.


Price:
$12.260
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
CAUTIOUS
Owned:
Unknown
2016-08-17 DON'T BUY Must be logged in to use chart AVO-T Avigilon Corp

(Market Call Minute.) Just reported crummy results. Not a cheap stock, so he would avoid it.


Price:
$9.890
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
CAUTIOUS
Owned:
No
2016-08-17 COMMENT Must be logged in to use chart BAC-N Bank of America

There has been a lot of negative sentiment around the US banking sector, particularly with a very flat yield curve and a low absolute level of interest rates. It has made a challenge for banks to earn those higher net interest spreads that people have been waiting for. With higher rates, they are gradually going to earn higher interest margins, and the sentiment in the sector will change. This bank is in a good position to benefit from those trends.


Price:
$15.150
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
CAUTIOUS
Owned:
No
2016-08-17 COMMENT Must be logged in to use chart CCO-T Cameco Corporation

He is watching this and spending a little bit of time looking at it because it is so beat up. Reported a pretty miserable Q2, and the stock fell further.  It still trades at a relatively high valuation multiple of about 17X next year’s earnings. There are still a number of concerns about the oversupply of uranium, and part of that needs to be resolved by getting a number of these Japanese nuclear reactors back online. There is also a CRA issue that is overhanging the stock, and it is probably priced in. If there was a negative decision from the trial, it could have a further negative impact on the share price.


Price:
$12.360
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
CAUTIOUS
Owned:
No
2016-08-17 DON'T BUY Must be logged in to use chart CIX-T CI Financial Corp

This has a fairly attractive dividend, so some people tend to own it for that reason. It is in the mutual fund business, and he worries that there are a lot of long-term pressures on that industry. Not a particularly cheap stock and has an OK dividend.


Price:
$25.000
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
CAUTIOUS
Owned:
No
2016-08-17 PAST TOP PICK Must be logged in to use chart CJT-T Cargojet Inc

(A Top Pick Sept 3/15. Up 82.42%.) Sold his holdings a few months ago, but it had been a profitable position. Reported earnings recently that were quite strong. They are benefiting from the idea of more online shopping with packages needing to be delivered quickly.


Price:
$38.490
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
CAUTIOUS
Owned:
No
2016-08-17 COMMENT Must be logged in to use chart CLR-T Clearwater Seafoods Inc.

(Market Call Minute.) He likes this. A really well run business. A dominant player in the fisheries business in eastern Canada.


Price:
$13.710
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
CAUTIOUS
Owned:
Yes
2016-08-17 COMMENT Must be logged in to use chart CSCO-Q Cisco

Technology is an area that is attractive. This, like many technology companies is trading at a discount to its long-term average PE multiple. There are reports of potential layoffs across the board. Like many others in the technology space, they are making a transition from a hard over time. An interesting one to look at. ware based business to a software business, which is generally going to be higher margin with more recurring revenue. This has been trading at a relatively low PE multiple, and if they are able to make that transition successfully, he expects you could see a PE multiple expansion.


Price:
$30.720
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
CAUTIOUS
Owned:
No
2016-08-17 TOP PICK Must be logged in to use chart CSU-N Capital Senior Living

A demographics play. Operates seniors’ homes and assisted living independent homes in the US. He likes this better than something like a Chartwell (CSH.UN-T), because 1) it trades at a big valuation discount and 2) they don’t have any exposure to Medicare, Medicaid or government reimbursement. 98% of their facilities are private pay. This is an industry where occupancy is growing. Trading at a discounted valuation, relative to what some of the larger players in the US and a Chartwell trade at. Doesn’t pay out a dividend, but instead are reinvesting the cash flow into the business so that they can grow more quickly.


Price:
$15.910
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
CAUTIOUS
Owned:
Yes
2016-08-17 DON'T BUY Must be logged in to use chart CXR-T Concordia Healthcare

This may be a value opportunity, but it has kept dropping for the last several months, which highlights how challenging it can be when a company has a significant amount of debt on the balance sheet and investors lose confidence in the story. Because of the lack of confidence from investors, the seemingly unpredictability and the leverage, it makes it a highly speculative investment either way.


Price:
$12.000
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
CAUTIOUS
Owned:
No
2016-08-17 COMMENT Must be logged in to use chart ECA-T Encana Corp

(Market Call Minute.) The stock has done well recently. He would prefer others, such as Crescent Point (CPG-T).


Price:
$12.230
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
CAUTIOUS
Owned:
No
2016-08-17 HOLD Must be logged in to use chart FSV-T Firstservice Corp

(Market Call Minute.) A really well run company.


Price:
$65.760
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
CAUTIOUS
Owned:
No
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