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

Viewing Expert

Rick Stuchberry , Sr. VP & Sr. Portfolio Manager

Richardson GMP


Date Signal Chart Symbol Company Opinion Price
2016-01-06 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. The US market is a bit extended. There are some overbought and oversold sectors, and you have to be a bit ginger about where you are stepping for the next little while. There is a risk that the US$’s big run flattens off, or even ends. When big currencies move, they follow a pattern. The pattern here is that the US$ should have a bit of a rest to allow everybody else to get aligned up again. Looking at overbought sectors, income has been bid up. Retirees have to get income and cash flow, and the bond market doesn’t really offer it. The bond market, preferred market and the income part is where people would normally want to go, but thinks have been bid up pretty heavily for the last 2-3 years. There is no room for error in that part of the market. China is being blamed for almost everything, but looking at some of the numbers coming out of China, PMI (manufacturing) it has been in a bit of a downdraft. However, at the start of their original five-year plan, they told everybody they were going to deemphasize manufacturing and emphasize the service part of the equation. The trend is looking better, and is also trying to turn.


Price:
$0.020
Subject:
CANADIAN LARGE & ADRs
Bias:
CAUTIOUS ON US$
Owned:
_N/A
2016-01-06 PAST TOP PICK Must be logged in to use chart BAC-N Bank of America

(A Top Pick Jan 9/15. Down 3.49%.) Everything looks fine in US banking. Thinks this will do better. The earnings profile going forward looks quite good.


Price:
$16.080
Subject:
CANADIAN LARGE & ADRs
Bias:
CAUTIOUS ON US$
Owned:
Yes
2016-01-06 TOP PICK Must be logged in to use chart BNS-T Bank of Nova Scotia

This could have been any of the Canadian banks, but this one was punished last year more than the others. Canadian banks move as a group up and down. This had poor performance on the downside last year. Generally speaking they often revert towards the means, and this one will have a better performance going forward. Big in Canada and Latin America.


Price:
$55.160
Subject:
CANADIAN LARGE & ADRs
Bias:
CAUTIOUS ON US$
Owned:
Yes
2016-01-06 COMMENT Must be logged in to use chart CRR.UN-T Crombie Real Estate Investment Trust

This is the REIT that operates the Sobey’s complex, which has just bought Safeway in the West. They have a series of supermarket grocery outlets. This would be a good REIT, because basically what you have are food stores as anchor tenants, and are likely to be quite safe over a period of time.


Price:
$13.070
Subject:
CANADIAN LARGE & ADRs
Bias:
CAUTIOUS ON US$
Owned:
No
2016-01-06 COMMENT Must be logged in to use chart DOL-T Dollarama Inc.

Has been in a great space because it is low cost. The Cdn$ going the way it is, makes it difficult as their margins are getting squeezed. If you have to or want to be in the retail space, this is a pretty good opportunity because it is in a good area. He feels he has a better one. (See Top Picks.)


Price:
$78.060
Subject:
CANADIAN LARGE & ADRs
Bias:
CAUTIOUS ON US$
Owned:
Unknown
2016-01-06 COMMENT Must be logged in to use chart EMP.A-T Empire Company (A)

Has had a great run. Not cheap, because a lot of portfolio managers, because they couldn’t buy the commodity complex, moved and bought other sectors. In Canada there isn’t a lot of choice so this area was piled into. They are all expensive and there is no room for missing. The grocery sector generally doesn’t fail.


Price:
$25.410
Subject:
CANADIAN LARGE & ADRs
Bias:
CAUTIOUS ON US$
Owned:
No
2016-01-06 PAST TOP PICK Must be logged in to use chart GOOGL-Q Alphabet Inc. (A)

(A Top Pick Jan 9/15. Up 52.45%.) One of the few superstars in the US market last year. This still looks in play. The drive in the market is still technology, which is where the growth has been.


Price:
$759.330
Subject:
CANADIAN LARGE & ADRs
Bias:
CAUTIOUS ON US$
Owned:
Yes
2016-01-06 TOP PICK Must be logged in to use chart HBC-T Hudson Bay Co.

The fellow who runs this is up to his eyeballs in his own stock. Also, they have been innovative. The real estate value alone is worth more than where the stock is trading right now. They have Saks come into Canada. Bought one of the largest retailers in Germany. They’re integrating these things and getting synergies out of them. Also, clever enough to go with Internet purchasing and sales have really ramped up in that area.


Price:
$16.930
Subject:
CANADIAN LARGE & ADRs
Bias:
CAUTIOUS ON US$
Owned:
Yes
2016-01-06 COMMENT Must be logged in to use chart HSBC-N HSBC Holdings P L C

A proxy on China. This is an opportunity. Feels China is going to revamp their services business. This company is in a prime position to take advantage of opportunities that arise out of China.


Price:
$37.170
Subject:
CANADIAN LARGE & ADRs
Bias:
CAUTIOUS ON US$
Owned:
Yes
2016-01-06 TOP PICK Must be logged in to use chart IBN-N ICICI Bank Ltd.

India was the fastest growing economy last year by a mile, and has the best demographics globally. You want to be where demographics are super positive and with who is going to make a lot of money. This covers both aspects. A classic bank. It really loans against assets and is not in the derivative business, etc. that got all the other banks in trouble. India has huge family formations and the average age is only 25. It is cheap being almost 50% off. Financials should benefit when economies expand.


Price:
$7.340
Subject:
CANADIAN LARGE & ADRs
Bias:
CAUTIOUS ON US$
Owned:
Yes
2016-01-06 HOLD Must be logged in to use chart LIF-T Labrador Iron Ore Royalty

The story is very simple. They produce pellets which is a premium product. Not the lowest cost producer, but their production rates are in the middle. It’s a royalty, so there is no cost regarding operating exposure. However, you have to watch the price of iron ore. If iron ore turned up, this would be a screaming buy. They’re earning around $0.20 a quarter, but are paying $1, and have always paid specials out as they have earned premiums. The difficulty is if the iron price doesn’t start to move up a bit, the ability to pay special dividends is going to disappear, and then there is the question on how much they can pay on their quarterly dividends. Be patient on having this as a Buy.


Price:
$9.670
Subject:
CANADIAN LARGE & ADRs
Bias:
CAUTIOUS ON US$
Owned:
No
2016-01-06 SELL Must be logged in to use chart LYG-N Lloyds TSB Group PLC

Move out to a US bank? Not a bad idea. Thinks the European banking system is going to recover. This bank still has difficulty. Got absorbed by the British government and was more confused than a lot of the others. European banks have not fully recovered yet, but he does anticipate the turn is coming.


Price:
$4.180
Subject:
CANADIAN LARGE & ADRs
Bias:
CAUTIOUS ON US$
Owned:
Unknown
2016-01-06 PAST TOP PICK Must be logged in to use chart MFC-T Manulife Financial

(A Top Pick Jan 9/15. Down 3.89%.) He is still buying this. If the yield curve can become more normalized, this will be a beneficiary in Asia.


Price:
$19.730
Subject:
CANADIAN LARGE & ADRs
Bias:
CAUTIOUS ON US$
Owned:
Yes
2016-01-06 COMMENT Must be logged in to use chart NGD-T New Gold Inc.

If gold recovers, which it should over time, especially if the US$ comes down a bit, there is lots of value in the gold market. The stocks are way off. Have had a little recovery, but not that much. If you think gold is flat or down, don’t be in a rush. He would be hesitant.


Price:
$3.330
Subject:
CANADIAN LARGE & ADRs
Bias:
CAUTIOUS ON US$
Owned:
Unknown
2016-01-06 DON'T BUY Must be logged in to use chart NSRGY-OTC Nestles

A monster that is safe and big, but the difficulty he has is growth. They grow at 2%-3%, but don’t meet his parameters for growth. He wants to have 10%.


Price:
$0.001
Subject:
CANADIAN LARGE & ADRs
Bias:
CAUTIOUS ON US$
Owned:
No
Showing 1 to 15 of 941 entries
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