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
2016-06-08 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. The market has been grinding higher for a while. The S&P 500 1-year number is now + 1%. The TSX, even though it is on a tear this year, is still minus about 2.5%. We have had this on/off, on/off Fed watch with interest rates, which has caused all of the volatility. You have a bifurcated market in both Canada and the US. Sentiment is at all-time lows, so it is creating a sort of contrarian, very surprising “grind up”. Two big mistakes that people made were bailing in the February downdraft, which is maybe why we are not having a “sell in May” phenomena right now, and people feeling that interest rates were going to go up and the US$ would resume its strengths. The key is to cut the big losers quickly and do a little bit of rotation on the side.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2016-06-08 BUY Must be logged in to use chart BAM.A-T Brookfield Asset Management (A)

Has a big holding in this. They have an incredible and expanding footprint, and considered by many to have a great management team.


Price:
$45.270
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Yes
2016-06-08 DON'T BUY Must be logged in to use chart BTE-T Baytex Energy Corp

Year-to-date this is up 88%, which looks fantastic, but doesn’t mean a lot when you have lost 90% in the last 2 years. The balance sheet continues to be a big concern, and are going to have to continue to work on that. They have 3 big assets they can work with. Doesn’t see the dividend being restored anytime soon. Production is still about 75,000 barrels a day. Something he is not going to be rushing back into.


Price:
$8.430
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2016-06-08 HOLD Must be logged in to use chart C-N CitiGroup

The US financials is the only sector in the US that has not made any money. This has been frustrating. It is not unreasonable that it can probably crawl back very slowly. Probably a Hold.


Price:
$45.560
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Yes
2016-06-08 PAST TOP PICK Must be logged in to use chart CMCSA-Q Comcast Corp

(A Top Pick June 4/15. Up 9.11%.) The big news is that they have recently bought DreamWorks. The largest cable operator in the US. They are upgrading all of their regions. Low volatility.


Price:
$63.220
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Yes
2016-06-08 PAST TOP PICK Must be logged in to use chart CNR-T Canadian National R.R.

(A Top Pick June 4/15. Up 6.79%.) The whole story for this and Canadian Pacific (CP-T) was the margin expansion and the revenue drivers that were going in the right direction. All of that has gone the other way. All the drivers that have been driving this down, are actually turning it around.


Price:
$77.170
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Yes
2016-06-08 TOP PICK Must be logged in to use chart CXI-T Currency Exchange Intl.

A more speculative name in that it doesn’t trade very regularly. They are in the foreign currency exchange products in North America. Has an online website and technology that the banks can use as well. They’ve been working on trying to get their Schedule 1 bank license, for the distribution of banknotes.


Price:
$26.150
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Yes
2016-06-08 COMMENT Must be logged in to use chart CXR-T Concordia Healthcare

This is a tough environment for them. Believes there are still talks about being bought. Thinks it is going to continue being a bit of an issue, and it is not the kind of stock he is interested in owning.


Price:
$30.910
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
No
2016-06-08 BUY Must be logged in to use chart DHX.B-T DHX Media

Has always been a big fan of content. They’ve done a lot of acquisitions including Teletubbies. The acquisition story in Canada is a tough one and you have to be the best and the biggest, and have deep pockets with the ability to go to the market to keep getting cash. Thinks this has a pretty good future, and at this price it is probably not a bad Buy.


Price:
$6.460
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
No
2016-06-08 COMMENT Must be logged in to use chart EEP-N Enbridge Energy Partners LP.

Theoretically this would take a hit if interest rates went up, but there is going to be a pull and a push on this. If you have the higher underlying commodity pricing, that would support one aspect of it, but a headwind on the rising rate environment is going to affect you.


Price:
$23.350
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2016-06-08 COMMENT Must be logged in to use chart GILD-Q Gilead Sciences Inc.

It has looked attractive on a few occasions, but has only come back to disappoint. The big debate is still their hepatitis drug. There are rumblings that Merck (MRK-N) was going to come out with a positioning against them. Earnings are still very strong. The P/E ratio is ridiculously low. (See Top Picks.)


Price:
$87.420
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
No
2016-06-08 COMMENT Must be logged in to use chart HBC-T Hudson Bay Co.

This will be reporting tomorrow. A seasonally tough quarter for them. His company expects a loss of $0.53 a share and the street is looking at a $0.35 loss. They are facing so much headwind from the Amazon world, and are really working hard to get into the Omni channel. There is a lot of very good real estate. Not something he would want at this time. They are losing money and he doesn’t see when they are going to be making money.


Price:
$15.820
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
No
2016-06-08 TOP PICK Must be logged in to use chart HRL-N Hormel Foods Corp

This owns about 30 brands including Skippy peanut butter. They are getting into the healthier food. It came on his radar screen because of its really long ascent, a very low volatile name. It was up about 500% for about 10 years and the dividend rose 300%. Then it had a big pull back of about 25%. They reported and actually beat earnings 2 weeks ago. The street turned on them. Dividend yield of 1.68%.


Price:
$34.540
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Yes
2016-06-08 TOP PICK Must be logged in to use chart IBB-Q iShares Nasdaq BioTech ETF

Biotech’s have gone through a lot of negativity. Seasonally, right around now is when this sector starts to get accumulated by the professionals, because we get into the fall and Christmas area where there is a lot of biotech conferences. Typically, about 70% of all announcements are made somewhere between November and January in Biotechs.


Price:
$278.530
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Yes
2016-06-08 BUY Must be logged in to use chart IYH-N iShares US Healthcare E.T.F.

As we get closer to the US elections, this is probably a good time to start building a position.


Price:
$150.520
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
No
Showing 1 to 15 of 896 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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