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

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Mike S. Newton, CIM FCSI , Portfolio Manager, Director, Wealth Management

ScotiaMcleod, The Newton Group

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
2014-12-16 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. The magnitude of the change in oil is not the big issue. The issue is the speed at which it happened. It is not difficult just for investors, but also for the big companies with their capital budgets, currency forecasts. It has all changed so quickly and so fast that it causes a lot of dislocation and a lot of anxiety. As a result you get a lot of volatility in the market. We don’t know exactly how this is all going to unravel. Everybody’s exposure to Russia is much less than it was in 1998. However, ramifications of what happens in Russia can spill over into the European banks, and you never know what connections that has to Brazilian enterprise, whether or not a company has to make a margin call and do it from a healthy enterprise in Brazil to a very unhealthy enterprise in Russia. This is a very scary time for investors and they have to be looking at their portfolios and figuring out how to prepare for it. He understands that US banks’ exposure to Russia is less than a half a percent. We will probably wake up to something Putin has announced in the middle of the night and it will be something pretty dramatic. Investors need to build some themes and the need to take a look at them. He looked back and figured that China was not a big capital building economy anymore, it was turning into a consumer driven and export driven economy. He then figured that it did not look all that promising for oil, iron ore, etc. Because of that, whenever he was constructing a portfolio, he was keeping it a little bit lighter on commodities and cyclicals, especially in Canada.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2014-12-16 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Banks. Canadian banks have pulled back recently because earnings were a little less than exciting. As a Canadian investor, you have to be really leery of somebody on television telling you to get rid of your Canadian banks. Royal (RY-T), Toronto Dominion (TD-T) and Bank of Nova Scotia (BNS-T) are really good core holdings. If interest rates go up, although he doesn’t think they’re going to go up a lot, this would be very good for Canadian banks. However, Canadian banks have a lot more exposure to the domestic Canadian economy. CIBC (CM-T) is the most exposed and TD and Scotia would be the least exposed. US banks, in relation to Canadian banks are going to look more attractive right now. It doesn’t matter what you do, money will probably leave Canadian banks, because a lot of US investors have been hiding in Canadian banks, and they are probably going to flow out into some of the US names.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2014-12-16 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Canadian-based ETF’s that follow the US S&P 500? Believes the S&P 500 will outperform the TSX, and has been his view for some time. As investors, we are really fortunate with the competition that has occurred in the space. You have to decide whether you want to be exposed in Cdn$’s or US$’s. He would argue that you should split your money into hedged and unhedged. Believes the Vanguard S&P 500 might be the cheapest.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2014-12-16 COMMENT Must be logged in to use chart ACQ-T AutoCanada Inc.

Stock price has done extremely well, but has probably got a little ahead of itself. Everybody is now asking about their exposure to Western Canada. It is quite a bit. Feels the recent fall is because it rose too fast and too quickly. Probably trading at a pretty fair valuation now. He likes what they are doing, but keep in mind that any of these consolidation plays eventually run out of steam and don’t always end well. The trend of a family owned dealership looking for an exit strategy, probably has another good 5 or 6 years. Definitely interested in getting back into this when he has cash available to do so.


Price:
$39.960
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
No
2014-12-16 DON'T BUY Must be logged in to use chart AGF.B-T AGF Management (B)

Cut their dividend by about 70%, which was a big surprise; because that was the only thing investors seemed to have with this company. If you own, you are left with a company that is in decline, its assets (net sales) he believes are in decline. Fundamentals and price trends have not been attractive to him. He would not be interested in buying this.


Price:
$8.150
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
No
2014-12-16 COMMENT Must be logged in to use chart CNQ-T Canadian Natural Rsrcs

There has not been a lot of money made on this name in the last 18 years. You have to be really careful with this. He is not interested in owning anything in the space at this time.


Price:
$32.520
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
No
2014-12-16 TOP PICK Must be logged in to use chart CNR-T Canadian National R.R.

This is trading off in sympathy with what is happening in oil. This is a great derivative play. What he finds interesting is that crude by rail and fracing sand shipments are about 9% of their business. They do a lot of merchandise, a lot of international intermodal with the best operating margins at about 37%. Yield of 1.31%.


Price:
$76.590
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Yes
2014-12-16 DON'T BUY Must be logged in to use chart COS-T Canadian Oil Sands

There are hundreds of stocks in the US and hundreds in Canada that are much more attractive. This has been an ongoing, very capital intensive enterprise where every year feels like it is going to be its year. Has been a real frustrating name to own. He would not be interested.


Price:
$8.990
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
No
2014-12-16 PAST TOP PICK Must be logged in to use chart CTRX-Q Catamaran Corp.

(A Top Pick Dec 17/13. Up 6.52%.) This really consolidated in the last 1-1.5 years and finally had a nice run up from October. The whole healthcare space was in question and had had some issues with some of the big contracts that they had had. Still likes.


Price:
$48.720
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Yes
2014-12-16 PAST TOP PICK Must be logged in to use chart DSY-FP Dassault Systemes

(A Top Pick Dec 17/13. Up 1.83%.) Thinks he made about 15% in the early trade.


Price:
$0.000
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
No
2014-12-16 BUY Must be logged in to use chart GOOGL-Q Google

European regulators are worried about how much market share they have in “search” (60% market share globally). You also have a lot of issues with investors regarding their spending a lot of money on wearables, self driving cars, etc. Keep in mind that they have been growing at 20% a year now for 4 years, and are still anticipated to grow at 20% again next year. Trading at 17X earnings, which is a real deal when compared to the market which is trading at 16X earnings, and trading at a much slower rate. He really likes this company. A lot of trends are going to work in their favour. He plans on re-entering this name whenever he gets some cash.


Price:
$498.160
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
No
2014-12-16 COMMENT Must be logged in to use chart LNKD-N LinkedIn Corporation

Thinks this is something that he would want to own. It is pretty much flat year to date. They are sitting on a large amount of cash, which is a new thing for a lot of these Internet names. Who knows if maybe they’ll start returning some of that cash to shareholders and/or start paying dividends.


Price:
$215.570
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
No
2014-12-16 PAST TOP PICK Must be logged in to use chart LVMUY-(OTC) LVMH Moet Hennessy Louis Vuitton SA

(A Top Pick Dec 17/13. Down 5.02%.) The idea was that with the high-end consumer, the company would be able to name their price on articles, our European recovery. Didn’t make any money on this.


Price:
$0.000
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
No
2014-12-16 HOLD Must be logged in to use chart MCD-N McDonalds

Raised its dividend 25 years straight. Have always been about to reinvent themselves. The idea of a better, healthier, nutritional, organic locally sourced type of environment is really challenging right now. The dividend yield is the parachute that keeps him in this stock. He just heard that there might be an activist investor coming along to get this moving. Don’t give up on it.


Price:
$88.720
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Yes
2014-12-16 TOP PICK Must be logged in to use chart SBUX-Q Starbucks

Hasn’t been a spectacular performer this year, but is moving into food and wine with a big movement into China and eventually into India. Have great metrics and great earnings. Yield of 1.62%.


Price:
$79.130
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Yes
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