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

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Rick Stuchberry , Sr. VP & Sr. Portfolio Manager

Richardson GMP


Date Signal Chart Symbol Company Opinion Price
2014-12-05 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

India. The big winners in energy are the large importing countries. The US is still the largest importer, even though it is producing a lot of oil, followed by China, Japan and now India. India has been an emerging market thesis of his for some time. Emerging-Market Currencies are always a bit of a risk factor, because things can go wrong. However, as far as economies go, they are huge beneficiaries of a lower energy price. Ever since the Indian election in the spring, things have really changed. There is a lot of anticipation that things are going to get better. Everyone is giving Modi the benefit of the doubt. We haven’t seen a lot yet, but these things take time to put into place. India has the best demographics in the world, with the youngest population and is where China was 2 decades ago. It is ready to go, but hasn’t really gotten started yet. The problem was the huge bureaucracy. You couldn’t get things to market because of a lot of transportation problems. The new president is saying he is going to fix all that and the markets are giving him the benefit of the doubt.


Price:
$0.020
Subject:
CANADIAN LARGE & ADRs
Bias:
BULLISH on INDIA
Owned:
_N/A
2014-12-05 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

REITs. Has exited the REITs, maybe a bit too early, but it is better to be too soon rather than too late. If the bond market starts to move against him, these dividend plays will have some pressure on them if they don’t have enough growth in them. There was some pressure a couple of weeks ago, when the market sort of had that little hiccup.


Price:
$0.020
Subject:
CANADIAN LARGE & ADRs
Bias:
BULLISH on INDIA
Owned:
_N/A
2014-12-05 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Pipelines. Reduced his holdings, but hasn’t moved out of all of his pipes. He thinks this is a good strategy. Take profits when you can.


Price:
$0.020
Subject:
CANADIAN LARGE & ADRs
Bias:
BULLISH on INDIA
Owned:
_N/A
2014-12-05 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Commodities. The commodity cycles in Canada are always a shock. They are brutal at the beginning and have a life to them. Often they take 3-5 months to start to show a bottom. We are already 3-4 months into this thing, so it could be in the next quarter or so before we start to see where a bottom is.


Price:
$0.020
Subject:
CANADIAN LARGE & ADRs
Bias:
BULLISH on INDIA
Owned:
_N/A
2014-12-05 TOP PICK Must be logged in to use chart ADI-Q Analog Devices

This is right in the middle of the technology space, and he thinks there is money flowing into technology. Feels there is pretty reasonable growth here. Very good balance sheet with minimal debt. Growing cash flow. Dividend yield of 2.57%.


Price:
$57.340
Subject:
CANADIAN LARGE & ADRs
Bias:
BULLISH on INDIA
Owned:
Yes
2014-12-05 COMMENT Must be logged in to use chart ARE-T Aecon Group Inc

There has been a selloff in this group, and some of it has been related to other things that are going on in the big picture in engineering companies. (See Top Picks.)


Price:
$10.750
Subject:
CANADIAN LARGE & ADRs
Bias:
BULLISH on INDIA
Owned:
No
2014-12-05 COMMENT Must be logged in to use chart BEP.UN-T Brookfield Renewable Energy

Sold his holdings. Had looked at it as a yield situation and reduced some of his yield situations. In his yield holdings, he wants some growth. Feels this one is more affected by the bond market then by the stock market. Very well-run company. So many of these dividend stocks have moved up so high that, on a valuation basis, you are really pressed. You can hold them for the yield, but there is a risk factor if the bonds do what he thinks they might do in the next little while. Feels it is fully priced.


Price:
$34.820
Subject:
CANADIAN LARGE & ADRs
Bias:
BULLISH on INDIA
Owned:
No
2014-12-05 PARTIAL SELL Must be logged in to use chart BIN-T Progressive Waste Solutions Inc

Up nicely. Feels it is fairly fully valued, so the minimum that he would do is take some profits and continue to Hold a core position. Doesn’t have enough zip for him, so he would not enter at this point.


Price:
$35.120
Subject:
CANADIAN LARGE & ADRs
Bias:
BULLISH on INDIA
Owned:
No
2014-12-05 HOLD Must be logged in to use chart BNP-T Bonavista Energy Corp

Well-managed. Has a great yield. Mainly gas and is hedged into next year. 40% of next year’s production is hedged off at much higher prices, so the distribution should be relatively safe. However, the gas price hasn’t lifted up much, partly because we lost a big part of our natural gas export market in the US, to the Marcellus drilling. A low cost producer at under $12 BOE. You just have to be patient.


Price:
$9.090
Subject:
CANADIAN LARGE & ADRs
Bias:
BULLISH on INDIA
Owned:
Yes
2014-12-05 HOLD Must be logged in to use chart BNS-T Bank of Nova Scotia

They are taking some write offs on their Caribbean and Latin American holdings. This is going to be where their growth is, but the growth hasn’t been there in the last quarter. There is a lot of foreign Selling on Canadian banks. If you own it, he would just wait it out. The yield is safe.


Price:
$66.200
Subject:
CANADIAN LARGE & ADRs
Bias:
BULLISH on INDIA
Owned:
Yes
2014-12-05 HOLD Must be logged in to use chart BTE-T Baytex Energy Corp

This would be one he would have on his “wish list” to watch. You just need the bottom to come in on crude prices. This has been pummelled in the last little while, like so many of them. Thinks it is a bit overdone. Foreigners own a lot of these energy stocks, and they don’t like the currency and they don’t like oil, so Boom, out they go. We have seen a lot of this in the last few weeks. If you own, give it a few months. You collect a nice yield while you are waiting.


Price:
$18.910
Subject:
CANADIAN LARGE & ADRs
Bias:
BULLISH on INDIA
Owned:
No
2014-12-05 DON'T BUY Must be logged in to use chart COS-T Canadian Oil Sands

A higher cost producer, so he would not Buy it yet. Let crude bottom first. There is no huge rush to buy this. Because it is a high cost producer, the dividend is somewhat susceptible. He has others that he would prefer.


Price:
$11.210
Subject:
CANADIAN LARGE & ADRs
Bias:
BULLISH on INDIA
Owned:
No
2014-12-05 HOLD Must be logged in to use chart CPG-T Crescent Point Energy Corp

He owns this for yield, so he is not going to Sell it. This company hedged their forward sales and have 40% of next year’s revenues hedged at much higher prices, over $90 on the crude. Because of this your distribution should be okay, unless something from left field comes in. His view now is to Hold and see what happens. Very good management.


Price:
$26.690
Subject:
CANADIAN LARGE & ADRs
Bias:
BULLISH on INDIA
Owned:
Yes
2014-12-05 BUY on WEAKNESS Must be logged in to use chart EMA-T Emera Inc

Based on the east coast. Had a really nice move, so he doesn’t know if he would be entering it at this point. This gives you a trading range and you want to buy them on the dips. The yield is safe. It is a good utility.


Price:
$39.020
Subject:
CANADIAN LARGE & ADRs
Bias:
BULLISH on INDIA
Owned:
No
2014-12-05 COMMENT Must be logged in to use chart ENB-T Enbridge

How can this company take money out of Enbridge stocks and put it into the income fund, and how does that affect shareholders?  He understands that they are going to put it into a private Corp first and then merge that with the income fund, which is an existing listed company. There is no rush to make a quick decision. Just sit back and wait for more clarity on how this is going to work out. The market liked the news initially.


Price:
$58.460
Subject:
CANADIAN LARGE & ADRs
Bias:
BULLISH on INDIA
Owned:
Unknown
Showing 1 to 15 of 806 entries
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