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
2016-07-19 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. This is one of the most unloved advances we have seen in a long time, which is why he thinks the markets are a pretty decent place to be investing in right now. You have this very contentious US presidential election, we’ve had the big BREXIT scare, there are lots of geopolitical issues going on, etc. We’ve had a little bit of an earnings decline for the last five quarters. Historically, 70% of the time the market is up in a declining earnings period going forward, and this is because the market is forward-looking. On this huge wall of worry, the foundation keeps getting stronger and stronger. His 2 big concerns are European banks and the lack of performance in the US banks.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
_N/A
2016-07-19 HOLD Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Canadian Banks? It has been a while since we have been able to say that Canadian banks have been at their 52 week high. He’s been underweight banks, and currently owns Bank of Nova Scotia (BNS-T) and the Royal (RY-T). At the end of the day, the 5 Canadian banks are in a horserace. CIBC (CM-T) and Bank of Montréal (BMO-T) tend to lag. Feels the US banks are much cheaper right now, but is not sure where we are going to see a catalyst.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2016-07-19 PAST TOP PICK Must be logged in to use chart ATD.B-T Alimentation Couche-Tard (B)

(A Top Pick July 3/15. Up 10.14%.) They just came out with earnings, which marks the 8th consecutive year of sequential growth, beating expectations. There is a little concern with regards to their exposure to Europe. A great price to be accumulating this name.


Price:
$58.930
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2016-07-19 WAIT Must be logged in to use chart AXP-N American Express

Got Stopped out of this about a year ago. Felt that the brand was getting a little bit tarnished when Costco (COST-Q) walked away. He would prefer Visa (V-N) instead. They are reporting shortly and he would wait to see how they have done.


Price:
$64.160
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
No
2016-07-19 COMMENT Must be logged in to use chart BAC-N Bank of America

Recently had some nice earnings. Did $.36 a share, versus $.45 a year ago. The big surprise was that their trading revenue was a big standout in the latest earnings. All the banks continue to be dogged by the legal fees surrounding the crisis. Unfortunately they are still stuck in a trading range.


Price:
$14.260
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2016-07-19 SELL Must be logged in to use chart BTE-T Baytex Energy Corp

Had a good run this year and is up about 60%, but is down 80% from its highs. Hasn’t owned it for probably 3 years. Not the kind of thing he will be buying in the future.


Price:
$7.060
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
No
2016-07-19 HOLD Must be logged in to use chart CSCO-Q Cisco

This was once considered old tech, but they seem to be really moving into the Cloud base quite successfully. A lot of their client base is using the Cisco platform to support them on the Cloud. He hasn’t owned this because of the sideways movement it has had for about the last 5 years. Dividend yield of 3.47%, which is attracting a lot of new buyers.


Price:
$29.920
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
No
2016-07-19 COMMENT Must be logged in to use chart FB-Q Facebook

This reminds him a lot of Amazon (AMZN-Q). It is a category killer and is competing very strongly. They have 1.65 billion active users and revenue has grown by about 60%. 4/5ths of that is coming from the smart phone, as opposed to the desktop. He is very positive on the growth of their revenue.


Price:
$120.610
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2016-07-19 SELL Must be logged in to use chart HBC-T Hudson Bay Co.

He knew the stock price would be down. It is a really, really tough space. Too tough an environment for them to compete. He likes all the initiatives they have taken and also likes the real estate value. If you own, he would urge you to walk away from the space and own something that is working and is extremely expensive, such as Amazon (AMZN-Q).


Price:
$16.100
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
No
2016-07-19 BUY Must be logged in to use chart IBB-Q iShares Nasdaq BioTech ETF

Chart shows a nice jump from mid-June, and should probably continue all the way into November. He understands there are a lot of big health care conferences happening in September, October and November.


Price:
$269.990
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2016-07-19 PAST TOP PICK Must be logged in to use chart IYH-N iShares US Healthcare E.T.F.

(A Top Pick July 3/15. Down 2.08%.) Sold about 2 months after he had picked it. Didn’t like what was happening in the US elections. Will probably look at getting back into a name like this in November.


Price:
$152.860
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
No
2016-07-19 COMMENT Must be logged in to use chart LNR-T Linamar Corp

Magna (MG-T) or Linamar (LNR-T)? Both names are very attractive right now. Both are trading at all-time compressed Price earnings multiples, and are both under a little bit of pressure because of their exposure to Europe. 25%-30% of this company’s sales come from the euro region, and Sky Jack, which they own, has about 10% exposure to the UK. He prefers Magna. Also, doesn’t believe this one is in a position to start capturing the big trends in the electrical vehicles.


Price:
$53.450
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
No
2016-07-19 COMMENT Must be logged in to use chart MG-T Magna Int'l. (A)

Magna (MG-T) or Linamar (LNR-T)?  Both names are very attractive right now. Just recently purchased this one. Both are trading at all-time compressed Price earnings multiples. Both are under a little bit of pressure because of their exposure to Europe. 35% of this company sales come from the euro region. He personally prefers this one.


Price:
$49.550
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2016-07-19 BUY Must be logged in to use chart NFLX-Q Netflix Inc.

Just bought some today. Expectations had been and are high. The street was looking for $2.1 billion in revenue, and it only delivered $1.5 billion, but the earnings was a beat. They expect to put on 300,000 subscribers in the next quarter. There are lots of reasons for the drop of 13% and it was warranted. However, they do have about 600 hours of original programming scheduled in the next 6 months.


Price:
$85.840
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2016-07-19 COMMENT Must be logged in to use chart SLV-N iShares Silver ETF

The whole gold bullion space has been spectacular, but hasn’t been without a lot of pain for a very long time. He would prefer First Majestic Silver (FR-T) or Silver Wheaton (SLW-T). Keep very close Stops on these types of names.


Price:
$18.920
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
No
Showing 1 to 15 of 916 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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