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
2016-04-27 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Economy. The Fed came out with no changes to the overnight rate. The market sold off and the dollar skyrocketed, and then that was all reversed. US is really paying quite a bit more attention to global growth now. The labour market has improved, which is the signal the market has been looking for in the last 6-9 months, so let’s get on with the rate hikes. Thinks they are feeling that global growth is not quite where it needs to be, so that a stronger US$ would not do anybody any good and are trying to keep the US$ in check. This is working very well for Canadian investors as our dollar has rallied, energy has rallied, commodities have rallied. As a result, we have to be a little bit careful. The US$ might be being held down by the Fed, and the Fed alone. There could be a snap back on the other side. To him there is no doubt that the Cdn$ hits $.80 and finds resistance there. The US$ is actually breaking out of a 20-year trend, so we have to step back a little. A lot of people were really upset when they didn’t have enough US exposure last year. That has now turned upside down. Some people that made a move too quickly into the US last year, are getting their head handed to them. Anybody who stayed in Canada and ignored the noise is probably having a pretty good year. Would recommend people to stay diversified between the 2 currencies. There are lots of great opportunities in both currencies.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2016-04-27 TOP PICK Must be logged in to use chart ACQ-T AutoCanada Inc.

If you were to chart out oil prices against this name, you would see quite a bit of a correlation, because this is looked at as being a Western company. Thinks this is all baked into the price. Dividend yield of 4.69%, and the balance sheet is sufficient enough to cover that in the near term.


Price:
$21.330
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Yes
2016-04-27 TOP PICK Must be logged in to use chart ADBE-Q Adobe Systems

An interesting discovery for him when he was looking for low volatility names. What attracted him was that they completely changed the way they distributed their business as a subscription model. This makes it much more affordable for smaller businesses and individuals, and also makes strides to eliminate the potential for pirated and illegal copies. Their most recent earnings were really surprisingly good, and the adoption rate was a very, very high.


Price:
$95.640
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Yes
2016-04-27 COMMENT Must be logged in to use chart ATD.B-T Alimentation Couche-Tard (B)

There is some conversation about the dual class shares and their ability to move to a single class share. His first instinct last week was that this was a great buying opportunity, but was very surprised to see the shares down today. It is getting to his personal threshold, being big believer in using stop losses. Technically it has breached, meaning that anything below $53 implies it is going to hit $50. It might just be profit taking. Doesn’t see anything fundamentally wrong with the company.


Price:
$52.660
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Yes
2016-04-27 COMMENT Must be logged in to use chart BB-T BlackBerry

Doing their best to turn this into a mobile enterprise juggernaut, which he doesn’t think is going to happen. Most of the monetization of this story is baked into the price. The street has been downgrading this during April. Not something that will ever be on his radar.


Price:
$9.180
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
No
2016-04-27 SELL Must be logged in to use chart BBD.B-T Bombardier Inc (B)

(Market call minute.) He wouldn’t own this one.


Price:
$2.010
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
No
2016-04-27 TOP PICK Must be logged in to use chart CMCSA-Q Comcast Corp

Had great earnings last night and the stock popped. They continue to deliver incredibly good growth rates. The Universal Pictures division has a great slate of movies coming up. Has low volatility combined with a pretty good dividend of 1.79%. There was news that they might be trying to acquire DreamWorks for $3 billion, about 2% of Comcast’s market cap.


Price:
$61.300
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Yes
2016-04-27 PAST TOP PICK Must be logged in to use chart CMG-N Chipotle Mexican Grill

(A Top Pick April 15/15. Down 38.43%.) Had owned this for quite a few years. Got stopped out during the E. coli outbreak, but still lost money on the trade.


Price:
$417.220
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
No
2016-04-27 HOLD Must be logged in to use chart CXR-T Concordia Healthcare

The issue is that we had this great run alongside Valeant (VRX-T), and then went down in the concerns with the whole Valeant collapse. It became too much headline risk. The stock spiked Thursday on news that they may be doing something. He would be inclined to stay away at the moment.


Price:
$40.060
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
No
2016-04-27 COMMENT Must be logged in to use chart DH-T DH Corporation

A re-popularized Fin Tech name (Financial Technology name), and has transformed itself into a pretty good digital company. Got clobbered today, so there was obviously a miss of some sort. In Canada it is pretty hard to find names that have a really nice yield.


Price:
$33.700
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
No
2016-04-27 COMMENT Must be logged in to use chart EMP.A-T Empire Company (A)

(Market call minute.) He would prefer Loblaw’s (L-T).


Price:
$21.120
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2016-04-27 COMMENT Must be logged in to use chart GM-N General Motors Corporation

Has always shied away from the big manufacturers. Prefers to play this through Magna (MG-T). The big auto companies are not the kind of names he likes to be in. Very capital and labour intensive. Profit margins are really tough. (See Top Picks.)


Price:
$32.160
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
No
2016-04-27 BUY Must be logged in to use chart GOOGL-Q Alphabet Inc. (A)

The core of their business grew 20%, but it was a miss and disappointed. $.85 of every advertising dollar is going into Google or Facebook (FB-Q). Google is really not competing on any of the enterprise levels. They are really starting to monetize YouTube, which they acquired 10 years ago. The new CFO is very well respected on the financial side. P/E ratio is around 19. They are growing 19%-20% a year right now.


Price:
$721.460
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2016-04-27 PAST TOP PICK Must be logged in to use chart JPM-N JP Morgan Chase & Co

(A Top Pick April 15/15. Down 2.67%.) Had felt that we would be a few steps into some interest rate hikes. He is happy to own this. It is a great franchise.


Price:
$64.110
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Yes
2016-04-27 BUY Must be logged in to use chart L-T Loblaw Companies Ltd

(Market call minute.) He would definitely want to accumulate this.


Price:
$70.310
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
Showing 1 to 15 of 874 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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