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

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Jaime Carrasco , Director & Associate Portfolio Manager

Scotiabank, Global Wealth & Insurance


Date Signal Chart Symbol Company Opinion Price
2016-01-22 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. He is still conservative and would suggest investors should take some money off the table on the rally. Feels the rally has legs, but was extremely surprised at how quickly the market came down this year. There is a lot of weakness and thinks the market is overvalued, and will continue to correct. Because of this he would continue to stay cautious. However, there is a bright side, and that is the decline of the Cdn$ even though it is affected negatively, but it is having a really good outcome on the earnings expansion of Canadian gold producers. Gold crossed $1600 this week and closed today at $1550. These companies are producing at $1000 or less Canadian, so their earnings are expanding. In essence, gold is doing what it has always done, acting as a safe harbour in times of currency crisis. We have so much debt in the world that economic growth isn’t happening, it is being stifled. The same as what happened in the 30s.


Price:
$0.020
Subject:
RESOURCE, UTILITY & REITs
Bias:
CAUTIOUS
Owned:
_N/A
2016-01-22 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Uranium? Likes the uranium industry, but doesn’t know if he would be getting in just yet. Thinks this is being driven down through this inflationary spike we are going through. He would be looking to add some, because a lot of nuclear plants in Japan are getting turned on again. It is a question of timing. For him, he would rather stay in cash right now.


Price:
$0.020
Subject:
RESOURCE, UTILITY & REITs
Bias:
CAUTIOUS
Owned:
Unknown
2016-01-22 COMMENT Must be logged in to use chart AAPL-Q Apple

We should be getting a good rebound coming in, so as a trade this makes a lot of sense. He expects a rebound, because the market has come down quite a bit. Be prepared to trade this if you want to be aggressive, but be prepared to Short when it runs out of steam.


Price:
$101.420
Subject:
RESOURCE, UTILITY & REITs
Bias:
CAUTIOUS
Owned:
Unknown
2016-01-22 TOP PICK Must be logged in to use chart AEM-T Agnico-Eagle Mines

(A Top Pick Dec 12/14. Up 39.32%.) Will be reporting earnings in February and it will be interesting to see what they do with the earnings expansion Canadian producers are having. Thinks their earnings in February are going to surprise to the upside. He would pick this up on any weakness. On a long-term basis, all the assets they have are going to pay out very well for long-term shareholders. Dividend yield of 1.11%.


Price:
$38.640
Subject:
RESOURCE, UTILITY & REITs
Bias:
CAUTIOUS
Owned:
Yes
2016-01-22 COMMENT Must be logged in to use chart AGI-T Alamos Gold Inc

Doesn’t own this, but it falls within the spectrum of the companies that he likes. It has a mine in Ontario with Canadian cost of production. However, it is not benefiting the way others are. He recommends you add to those producers who have been moving over the last year, such as Detour Gold (DGC-T). Thinks this company will go through this as well.


Price:
$3.440
Subject:
RESOURCE, UTILITY & REITs
Bias:
CAUTIOUS
Owned:
No
2016-01-22 WAIT Must be logged in to use chart ALA-T Altagas Ltd

A core holding that he loves to own, but this is also one he is waiting to get into. Got stopped out last fall. His concern is the Alberta economy. Doesn’t feel the time is right yet.


Price:
$31.380
Subject:
RESOURCE, UTILITY & REITs
Bias:
CAUTIOUS
Owned:
No
2016-01-22 TOP PICK Must be logged in to use chart BCE-T BCE Inc.

He likes how the company is positioning itself. They are going after data, so it is an interesting way on how they are competing with Rogers (RCI.B-T), which makes a lot of sense. Dividend yield of 4.71%.


Price:
$55.370
Subject:
RESOURCE, UTILITY & REITs
Bias:
CAUTIOUS
Owned:
Yes
2016-01-22 PAST TOP PICK Must be logged in to use chart CASH CASH

(A Top Pick Dec 12/14.)


Price:
$0.010
Subject:
RESOURCE, UTILITY & REITs
Bias:
CAUTIOUS
Owned:
Yes
2016-01-22 TOP PICK Must be logged in to use chart CEF.A-T Central Fund of Canada Ltd (A)

This is gold bullion and a good way to buy bullion. He wants to hedge any possible decline in the Cdn$.


Price:
$14.640
Subject:
RESOURCE, UTILITY & REITs
Bias:
CAUTIOUS
Owned:
Yes
2016-01-22 COMMENT Must be logged in to use chart CSH.UN-T Chartwell Seniors Housing

Has reduced his holdings in REITs, but when you look at Canada he doesn’t think interest rates are going to go up soon, they are definitely going to stay where they are. Because of that, REITs should have a good level of support here. He is cautious because of the housing market. His company has a $14 target on this.


Price:
$12.490
Subject:
RESOURCE, UTILITY & REITs
Bias:
CAUTIOUS
Owned:
No
2016-01-22 PARTIAL BUY Must be logged in to use chart DIR.UN-T Dream Industrial REIT

Likes their properties and is one he would definitely add to. One that he would be nibbling away at by only putting a 3rd in and then gauging it. This is only because it is industrial. Thinks there is money coming into the real estate environment. Dividend yield of just over 10%.


Price:
$6.570
Subject:
RESOURCE, UTILITY & REITs
Bias:
CAUTIOUS
Owned:
Yes
2016-01-22 HOLD Must be logged in to use chart ECA-T Encana Corp

If you own, he wouldn’t be selling it now. Thinks energy has gone down way too much. Hasn’t started adding yet. His company has a target of $8.50. He likes that they cut their dividend.


Price:
$5.800
Subject:
RESOURCE, UTILITY & REITs
Bias:
CAUTIOUS
Owned:
Unknown
2016-01-22 COMMENT Must be logged in to use chart ELD-T Eldorado Gold

Has a very small position in this. They have reached some kind of an agreement with the Greek government, so their project should proceed forward. He prefers North and South America where there are less political risks.


Price:
$3.230
Subject:
RESOURCE, UTILITY & REITs
Bias:
CAUTIOUS
Owned:
Yes
2016-01-22 WAIT Must be logged in to use chart HHL.UN-T Healthcare Leaders Income Fund

Sold this in December, anticipating the decline that was coming. However, healthcare is something that he wants to own on a long-term basis. Right now is a time to be cautious. We should go through a pretty good rally in the next week or so, and at that point he would definitely recommend it.


Price:
$8.200
Subject:
RESOURCE, UTILITY & REITs
Bias:
CAUTIOUS
Owned:
No
2016-01-22 COMMENT Must be logged in to use chart LUN-T Lundin Mining Corp.

Recently made an agreement with the Ecuador government. If anyone is going to put this project to good use, it will be the management behind this company. Long-term this is a great project and has a lot of potential. It has a touch of political risk because of Ecuador.


Price:
$3.290
Subject:
RESOURCE, UTILITY & REITs
Bias:
CAUTIOUS
Owned:
Yes
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