Viewing Expert Mike S. Newton, CIM FCSI | StockChase
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Compiling comments that experts make about stocks while on public TV.

Viewing Expert

Mike S. Newton, CIM FCSI , Director & Portfolio Manager

Scotia Wealth Management

Address
40 King Street West, 49th Floor
Toronto, ON
M5H 3Y2

Contact Info
Telephone: 416-350-1192
Toll Free: 1-800-399-8520
Email:
Website: http://www.newtongroupwealth.com/


Date Signal Chart Symbol Company Opinion Price
2016-09-12 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market. We had a very relaxing placid summer and school is now back. The markets are in full swing again. Expects this volatility to continue right into the US election. There are too many things in front of us. People don’t realize that there is another US budget deadline for the end of September, there is an OPEC Summit, and the first presidential debate coming up at the end of the month. These things are going to really shake a lot of confidence. He would urge most investors not to jump the gun and get out too soon. He thinks that with the consolidation over the last 6 months, and for the most part in the last year, the markets have really been going sideways outside of oil and gold. Feels that the “wall of worry” is extremely well pronounced. Doesn’t think everybody is fully committed to this market as much as they would like to be. People don’t really believe in it and are taking profits fairly quickly. Things are not superb, but also are not extremely bad. He sees no signs of recession, and history shows that most markets collapse on recession worries. Central Banks alchemy have created a very strange and murky place to be. Uses risk management tools in portfolios to keep his weightings from getting a little too far. He doesn’t have the stomach for large weightings in energy or gold.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
_N/A
2016-09-12 COMMENT Must be logged in to use chart AAPL-Q Apple

Owned this for a very long time, but started souring on it from a user perspective. Still loves their product. Every time he gets a new iPhone upgrade, it wasn’t as exciting as the last one. He finds their iTunes, iPhoto’s, all of that software and services used to be the easiest thing he had ever used, but now finds it the hardest. From a user perspective, they have some major work to do. Doesn’t understand why they haven’t snapped up things like Spotify, Netflix, etc. Probably one of the safest stocks out there right now.


Price:
$105.440
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Unknown
2016-09-12 PAST TOP PICK Must be logged in to use chart ATD.B-T Alimentation Couche-Tard (B)

(A Top Pick Sept 10/15. Up 7.86%.) This was trading sideways for a while, but recently was showing a negative return. Now everything has just turned around fantastically. Continues to execute well on the acquisitions. The big challenge is that more and more of their business is “away” from Central North America Canada. Will they continue to be able to navigate through in an environment where e-tailing and e-commerce is important? Feels convenience stores and gasoline are areas that are not going to be attacked.


Price:
$64.540
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2016-09-12 COMMENT Must be logged in to use chart BAC-N Bank of America

This is having a little bit of a lift now with the idea of a rising rate environment. All the US banks have been mired in regulatory problems, and it has only been about a year ago that they stopped talking about that.


Price:
$15.900
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2016-09-12 BUY Must be logged in to use chart BCE-T BCE Inc.

In the big 3 telcos, which is the best? He is predisposed to BCE (BCE-T). Likes their 5-growth. Everything that he has done with them has been remarkably better than his experiences with the other 2 major telcos. It has the 2nd highest yield in the telcos. They continue to surprise the analysts. His 2nd choice would be Telus (T-T).


Price:
$61.290
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2016-09-12 BUY Must be logged in to use chart BNS-T Bank of Nova Scotia

Canadian Banks? All the bank earnings just completed reporting at the end of August. The tone was that the worst of the energy patch exposure was behind them. All banks need the interest rate environment to stabilize and go up. He thinks Bank of Nova Scotia (BNS-T) is well positioned. They have a good dividend and raised it again last week.


Price:
$69.610
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2016-09-12 TOP PICK Must be logged in to use chart BRK.B-N Berkshire Hathaway Inc. (B)

He is trying to look for a bit of value in the market. There is no doubt that an IBM, Wells Fargo, American Express are value names, and who owns about 70% of the portfolios, Kraft-Heinz, Wells Fargo, IDM, Coca-Cola and American Express. Given its strong balance sheet, it is massive cash flow positive on a regular basis, trading at 1.3 to 5X Book. A great valuation play in a pretty frumpy market.


Price:
$148.970
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2016-09-12 PAST TOP PICK Must be logged in to use chart DIS-N Walt Disney

(A Top Pick Sept 10/15. Down 7.49%.) It has been grinding the wrong way for some time now. However, it is still a broadcasting powerhouse. A lot of focus has been on ESPN tranche in the idea of people buying separate parts of their business. It is all the rest of the business that is fantastic. He is going to continue to own the name.


Price:
$93.640
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2016-09-12 HOLD Must be logged in to use chart DOL-T Dollarama Inc.

Wishes he owned a lot of this. It just continues to reach newer and newer highs.


Price:
$99.720
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
No
2016-09-12 COMMENT Must be logged in to use chart ENB-T Enbridge

This was a huge newsmaker last week with the purchase of Spectra Energy, followed by a little bit of negative news with the Dakota access pipeline. It had a correction and then zoomed up in the last little while. This assured the street that it was a company that was interested in growing, and they are going to be able to continue to pay that dividend. If this is only a 2.5%-3% position in your portfolio, he would be happy to Hold, and perhaps bolster up a little more.


Price:
$58.810
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Unknown
2016-09-12 BUY Must be logged in to use chart IDV-N iShares EPAC Dividend E.T.F.

Pays about 5.28%, which is pretty good. He would be more interested in this name right now than he would be in US names. It is only up about 3% in the last year and a lot of that has to do with the turmoil in Europe.


Price:
$30.050
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
No
2016-09-12 BUY Must be logged in to use chart KR-N Kroger Co.

Believes this is the biggest grocery store in the US. It off about 20% in the last little while. There is basically a lot of focus on food and cost inflation, and how are they going to successfully manage both and pass it on to the consumer. He prefers using his Cdn$ to buy a name like Loblaw’s (L-T). Kroger is trading at about 13X earnings with a yield of about 1.5%, and thinks they will manage through this. The kind of name you want to buy in this correction.


Price:
$30.890
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Unknown
2016-09-12 COMMENT Must be logged in to use chart LNR-T Linamar Corp

Magna (MG-T) or Linamar (LNR-T)? He likes the auto parts space. Just bought Magna for the very first time about 6 months ago, and then doubled his position on June 28. It is his favourite name, but this one makes a fantastic runner-up. This also has the Sky Jack business, which sort of confuses the analysts.


Price:
$53.980
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
No
2016-09-12 COMMENT Must be logged in to use chart MFC-T Manulife Financial

This has frustrated many, many people for the better part of 10 years. They disappointed in the latest quarter with some of their numbers, and they keep writing down assets. They had quite a bit of exposure to oil/gas which hurt them. It is probably going to sit in the $17-$19 range. He is not interested in it.


Price:
$18.000
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
No
2016-09-12 BUY Must be logged in to use chart MG-T Magna Int'l. (A)

Magna (MG-T) or Linamar (LNR-T)? He likes the auto parts space. Just bought this one for the very first time about 6 months ago, and then doubled his position on June 28. This is his favourite name, but Linamar makes a fantastic runner-up.


Price:
$52.680
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
Showing 1 to 15 of 936 entries
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1 Comment

StockNewbie

March 14th 2015 at 10:19am

I enjoy your views and opinion Mike. Thank you


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