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

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Jeff Black , President & CIO

Crestridge Asset Management

Date Signal Symbol Company Opinion Price
2012-09-25 N/A A Commentary A Comment -- General Comments From an Expert

Markets. Has been quite conservative for a while and had his concerns on terms of equity exposure at the lower end of his policy ranges. Bond market portends weaker times. We wouldn’t be getting the QE 3 to the degree we have if there wasn’t a lot of concerns. Has a large cap bias versus small caps. Expects to see more earnings revisions. Cash holdings for clients is in the 25%-40% range.

 Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BEARISH
Owned:
_N/A
2012-09-25 N/A A Commentary A Comment -- General Comments From an Expert

Natural gas. Has had a bit of a rebound. Certainly influenced by the weather. There is an enormous supply which would point to prices being stable to down. Doesn’t think there is any strong catalyst to suggest that you are going to see a material movement in price going forward.

 Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BEARISH
Owned:
_N/A
2012-09-25 HOLD ABT-N Abbott Labs

Great quality company. They are splitting their medical devices and pharmaceuticals but if you own, stay the course. Likes the space. Have executed well.

 Price:
$69.570
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BEARISH
Owned:
Yes
2012-09-25 HOLD AGU-T Agrium

This is in a good sector and very well-positioned to benefit from Viterra assets which it is acquiring. Company is currently having a Dutch auction but he wouldn’t sell into it. The fact that they want to buy back stocks is not a bad thing.

 Price:
$100.050
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BEARISH
Owned:
Yes
2012-09-25 COMMENT ATD.B-T Alimentation Couche-Tard (B)

Have executed well. Grown through acquisitions, mostly in North America. Made their 1st foray into Europe recently. Bought well and partnered well with the Norwegians. Not an industry that he sees with a lot of low risks.

 Price:
$45.550
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BEARISH
Owned:
No
2012-09-25 DON'T BUY BAC-N Bank of America

Thinks they did well in buying Merrill Lynch and acquiring some good financial assets. Like all US financials they benefited from all the stimulus, Tarp programs, etc. There is a risk element in their debts.

 Price:
$8.925
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BEARISH
Owned:
No
2012-09-25 COMMENT BIP.UN-T Brookfield Infrastucture Partners

Feels the infrastructure space is a good one. Reasonable income here and conservative growth going forward. He prefers to participate through the parent Brookfield Asset Management (BAM.A-T).

 Price:
$34.800
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BEARISH
Owned:
No
2012-09-25 TOP PICK CASH CASH

(A Top Pick Oct 14/11.) His clients have from 25% to 40% in cash positions.

 Price:
$0.010
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BEARISH
Owned:
Yes
2012-09-25 DON'T BUY CF-T Canaccord Financial Inc

Cutting back a little and being prudent looking at their operations and where they are getting return on capital. A tough business, both on the wealth management side and a lot of their core franchise, in terms of capital markets. No near-term catalyst to buy this.

 Price:
$5.590
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BEARISH
Owned:
Unknown
2012-09-25 HOLD CSCO-Q Cisco

Has had a pretty good move of late and has initiated a dividend, which is a good thing. Generating free cash flow. Good management. He sees challenges for the tech sector in general.

 Price:
$18.665
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BEARISH
Owned:
Unknown
2012-09-25 TOP PICK FFH-T Fairfax Financial

Preferred Series I. This is the re-set preferred which will either be called by the company for redemption in 2015 or re-set and the dividend going forward at that juncture will be the five-year Canada bond +2.85%.

 Price:
$376.200
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BEARISH
Owned:
Yes
2012-09-25 SELL HPQ-N Hewlett-Packard Co

Price is significantly lower than it has been for a number of years. But the company has materially changed as well. Significant change in operations. Have a new CEO. There are a lot of headwinds in the space they are in. Not participating that much in the convergence to mobile. Thinks they will be economically sensitive in a weaker macro environment. If you own, consider triggering a loss. You only have to be out of it 30 days to reposition at a new ACB and be patient for a turnaround over the next few years.

 Price:
$16.710
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BEARISH
Owned:
No
2012-09-25 DON'T BUY JPM-N JP Morgan Chase & Co

He is basically out of all US financials. This has been on a pretty strong run, aided and abetted by all the US policy moves. Feels there is still a number of risks in US financials.

 Price:
$40.550
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BEARISH
Owned:
No
2012-09-25 PAST TOP PICK NVS-N Novartis AG

(A Top Pick Oct 14/11. Up 10.17%.) Good dividend and last year they did increase it. Likes the sector for its defensive nature. With the Cdn$ above par, it is not a bad time to accumulate this one. Important to have healthcare exposure.

 Price:
$61.450
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BEARISH
Owned:
Yes
2012-09-25 DON'T BUY PEP-N PepsiCo

Great global company and very diversified with their beverages and their snacks side. Good exposure and growth to emerging markets. Reasonable dividend. However, any company is not immune to economic slow down. Not a screaming buy based on valuation metrics. With anything consumer/retail oriented, earnings could be challenged and lower valuations could be at hand.

 Price:
$70.350
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BEARISH
Owned:
No
Showing 1 to 15 of 125 entries
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