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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
2015-06-04 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  As much as he would like to see the US markets detach themselves from what has been going on with the US federal reserve balance sheet, if you look around the world the QE gravy train continues, and he thinks it would be ill-timed for the US to step in at this point and do a sort of conflicting move with interest rates. Still expects something to happen at the very end of the year, but once we get through this earning season and the last S&P 500 company reported with the media, analysts and market strategists having nothing to talk about except what was going to happen with interest rates, he believes this has caused a very healthy tug-of-war, and markets have been going sideways. Thinks the sideways action resumes one way or the other, and thinks it goes higher from here. If you own really good high-quality names, and stay on top of them, keeping your weightings in check, you are going to do well. Earnings multiples have expanded quite substantially and earnings need to be strong. We had a bit of a head fake in the 1st quarter, and he thinks the 2nd half looks pretty promising.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BULLISH
Owned:
_N/A
2015-06-04 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Which pharmaceutical company would have a good position in the North American aging population? He has owned iShares US Healthcare (IYH-N) for a very, very long time. Also, owns Valeant Pharmaceuticals (VRX-T), Merck (MRK-N) and Pfizer (PFE-N)


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BULLISH
Owned:
Unknown
2015-06-04 PAST TOP PICK Must be logged in to use chart ADS-XETRA Adidas

(A Top Pick May 6/14. Down 22.41%.) He should have seen the writing on the wall when Nike outfitted the World Cup players more than this one did. He was also interested in Europe as a turnaround story. They need to get their act together.


Price:
$0.001
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BULLISH
Owned:
No
2015-06-04 COMMENT Must be logged in to use chart BAC-N Bank of America

US banks have been in the penalty box for quite some time, both from a regulatory perspective as well as an investor perception perspective. He thinks they are in better shape and have more upside here than the Canadian banks at this point. If interest rates go up, this is good for the banks, and they will do very well.


Price:
$16.780
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BULLISH
Owned:
Yes
2015-06-04 COMMENT Must be logged in to use chart BAM.A-T Brookfield Asset Management (A)

One of the best capital allocators that you can find globally. Their asset management fee growth has grown significantly over the last couple of years. They come to the market quite frequently, which causes a lot of grief. He has chosen to just go to the parent company. Any pullback has been positive and is happy to buy any time on a pullback.


Price:
$43.300
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BULLISH
Owned:
Unknown
2015-06-04 TOP PICK Must be logged in to use chart CMCSA-Q Comcast Corp

Lost out on Time Warner Cable, and the market reacted favourably, so you have to wonder in retrospect if anybody thought that was actually going to happen. Likes that it is not being valued on the sum of the parts of its business. First of all its core business, being the largest cable operator in the country, is excellent. They manage it so well and it is hugely successful in its profitability and subscription growth. People seem to have forgotten about NBC Universal, the other side of the business, which he thinks is undervalued. A decent dividend of 1.7%.


Price:
$58.950
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BULLISH
Owned:
Yes
2015-06-04 TOP PICK Must be logged in to use chart CNR-T Canadian National R.R.

Not sure that it is finished its little mini correction here, but it is only down 15% from its recent highs. The whole American transport space is trading down quite a bit in the last couple of weeks, as though the economy is coming to a complete halt, which is not the case. The safety issues, derailments, crude by rail discussions are all factored in and baked into this correction, so it is probably a good time to start looking at this again. Dividend yield of 1.69%.


Price:
$73.910
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BULLISH
Owned:
Yes
2015-06-04 COMMENT Must be logged in to use chart CPG-T Crescent Point Energy Corp

Recently did a new issue again. They are very busy, and he applauds them on how busy they are. Their balance sheet is pretty strong and they have the flexibility to maintain that dividend. But they absolutely have to have the oil price recover, and he doesn’t believe that will happen.


Price:
$27.330
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BULLISH
Owned:
No
2015-06-04 BUY Must be logged in to use chart DXJ-N Wisdom Tree Japan Hedged Equity

This is simply institutional debts. They are taking the yen on a daily basis and converting it back into the US$ and hedging that whole entire situation out of it. The day that the tsunami and Japanese earthquake occurred, he took a position in this which turned out to be an incredibly good run for him, but then he got stopped out in 2013. Thinks there is a long ways to go here.


Price:
$59.940
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BULLISH
Owned:
No
2015-06-04 BUY Must be logged in to use chart EFN-T Element Financial

It is a rarity in the Canadian space to have such a great company and a well known CEO, Steve Hudson. He likes the space that they are in and the spreads that they can make on their business.


Price:
$19.440
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BULLISH
Owned:
No
2015-06-04 BUY Must be logged in to use chart ENB-T Enbridge

Wouldn’t worry about the pullback in the stock, it is actually a buying opportunity. There is not a lot being valued on the Northern Gateway project, and that is going to be a very, very good space for them to be involved in. This company is not going to be too dependent on whether oil prices are high or low at this point. An excellent name.


Price:
$59.190
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BULLISH
Owned:
Yes
2015-06-04 PAST TOP PICK Must be logged in to use chart GOOGL-Q Google

(A Top Pick May 6/14. Up 5.57%.) Sold this at a profit of about 18%-19%. There is a little bit of criticism that they are not focusing on their core business, but are doing some sort of social activism research and investing. The Google “L” is the voting and this is a way to play it. It is now starting to break away from the GOOG. He is looking to get back into this name as some point.


Price:
$551.690
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BULLISH
Owned:
No
2015-06-04 COMMENT Must be logged in to use chart HCG-T Home Capital Group

A mortgage lender that works outside the world of the big Canadian banks. Yielding about 2% and year-to-date it is down about 12%. If interest rates go up, it could work well for their interests. He would probably be interested in looking at the name.


Price:
$42.330
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BULLISH
Owned:
No
2015-06-04 COMMENT Must be logged in to use chart HHL.UN-T Healthcare Leaders Income Fund

A theme that he is very interested in. He doesn’t know what this REIT actually owns, but would assume you will have your pharmaceuticals, and hopefully the bio-technology space. Even if it doesn’t have bio-technology, you might want to look at having this in your portfolio, even at these levels. Yield is 7%, so he presumes they are writing covered calls against these positions.


Price:
$9.580
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BULLISH
Owned:
No
2015-06-04 HOLD Must be logged in to use chart IBB-Q iShares Nasdaq BioTech ETF

The only knock that anybody can have about this is that it keeps going higher. The names it holds has to keep going through new highs. If you have owned this for a long time, the selling strategy is to bring it back if it has become too large a portion of your portfolio. Also, you have probably made a lot of money on the currency if you have owned it for a long time. He likes the diversity.


Price:
$362.790
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BULLISH
Owned:
No
Showing 1 to 15 of 738 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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