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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, 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
2016-01-26 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market. Oil is not behaving very great and Asian markets are down. This morning, just as Europe was starting to close, oil started to rebound. This sort of domino effect around the world is going to continue. It is very evident that this has very much to do with what is going on with oil. Until that correlation breaks, the market is not going to look at any of the fundamentals that are out there. There were clues in December as to what was happening. The Santa Claus rally did not show up and some of the sectors underneath the market have been correcting for quite a while. He has been raising cash in some of his portfolios and has been a little bit slow in deploying cash, but it is still not enough. It is pretty hard to avoid what has happened this month. It is going to be more of a “wait and see” situation. He is going to watch the earnings. A concern is that the US banks are not leading the charge. He thinks they are going to have to if we want to get to a next leg higher.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
_N/A
2016-01-26 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

ETF’s for a young investor with about $5000? He is not a huge fan of the broad market. There is nothing wrong with the SPDR S&P 500 ETF (SPY-N), or for the lowest cost, the Vanguard would have a couple of Cdn$ dominated ETF’s with exposure to the US. Also, the Horizon’s Seasonal Rotation (HAC-T) has delivered through all sorts of different environments.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Unknown
2016-01-26 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

An ETF that represents Dow Jones averages? A problem with the Dow Jones is that it is a price-weighted index, so the higher priced stock, the higher the weighting in the index. There are just 30 stocks. You have to decide what you believe is going to happen to the currency, and that will give you the answer. Diamonds DJIA (DIA-A) is the biggest ETF in the US, and in Canada you have the BMO DJ Industrial Avg hedged to Cdn$ (ZDJ-T).


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Unknown
2016-01-26 COMMENT Must be logged in to use chart AAPL-Q Apple

Just reported after the close. Had disappointing numbers relating to iPhone sales, and revenue looked a little bit soft. A classic example where the absolute numbers are actually staggering and quite impressive. The Apple excitement and growth rates are coming sub-10 now. His issue is that it is over-owned and over-followed, and the user experience has declined substantially. They have to fix their eco system service, which is getting complicated, and never used to be. Also, when the PE starts to come down on the stock, it is hard to turn that around.


Price:
$99.990
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Yes
2016-01-26 TOP PICK Must be logged in to use chart AMZN-Q Amazon.com

This continues to be a category killer. They account for 20% of all US online sales. Reporting on Thursday, so it is going to be interesting to see what happens. We are currently in the middle of an 18% drop. Had a strong year last year being up 140%. They are doing everything right.


Price:
$601.250
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Yes
2016-01-26 TOP PICK Must be logged in to use chart ATD.B-T Alimentation Couche-Tard (B)

90% of this company’s revenue is from outside of Canada. 60% US and 30% Europe. A low volatile name. They are going to continue to be a consolidator in this space. They are doing more and more manoeuvres in Europe. Dividend yield of 0.43%.


Price:
$62.130
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Yes
2016-01-26 COMMENT Must be logged in to use chart BAC-N Bank of America

This has been frustrating for a lot of people. Looking back to the financial crisis, this has hardly moved at all. He would prefer J.P. Morgan (JPM-N).


Price:
$13.310
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
No
2016-01-26 PAST TOP PICK Must be logged in to use chart CBI-N Chicago Bridge & Iron Co.

(A Top Pick Jan 27/15. Down 7.61%.) This would come up as a very strong Buy now. Got stopped out in the summer, but he had done very well on the name. Exposure to infrastructure contracts in oil and gas has driven this down. An international company, headquartered out of the Netherlands. It looks attractive and is probably a good buy down here.


Price:
$35.810
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
No
2016-01-26 BUY Must be logged in to use chart CCL.B-T CCL Industries (B)

A core holding for him. Well known for its packaging. A lot of revenue coming in from the US, which is why it has done so well. Had a bit of a bad day today because people were cashing in on a good day. Probably a good buy.


Price:
$208.430
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Yes
2016-01-26 COMMENT Must be logged in to use chart CXR-T Concordia Healthcare

Valeant (VRX-T) or Concordia (CXR-T)? Doesn’t own either currently. Valeant seems to be a bit more diversified than this one, and if he had to choose it would be Valeant.


Price:
$41.470
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
No
2016-01-26 BUY Must be logged in to use chart DIS-N Walt Disney

Had almost made this a Top pick tonight. Down for 2 reasons. One is the subscriber growth, ESPN and that concern. The 2nd is the expectation of ramp up into Star Wars, which has died off. The revision in earnings, because of ESPN, is really only about 2% in earnings over the next 3 years. Thinks it has been exaggerated. This is a great entry point.


Price:
$96.270
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Yes
2016-01-26 DON'T BUY Must be logged in to use chart ECA-T Encana Corp

For a long-term hold? Highly cyclical, very capital intensive, and tied to a price set by a whole bunch of world markets. He would encourage you to do a little homework and look at really good global companies with low volatility patterns. There are a lot of them.


Price:
$5.310
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Unknown
2016-01-26 PAST TOP PICK Must be logged in to use chart FXM.A-T First Asset MorniingStar Canada Value

(A Top Pick Jan 27/15. Down 22.57%.) When he was looking at this, it had been at a time when TSX had already reached some bottoms, so it looked rather attractive. This looks for low price to Book, low price to cash flow, and all the value measurements in the TSX. It has to be heavily traded and they pick the 30 stocks that represent the best on that screen, and it is rebalanced quarterly. If you believe that Canada is going to come back at some point, this could be interesting on the upside. He was stopped out on this fairly soon after it was chosen.


Price:
$11.010
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
No
2016-01-26 COMMENT Must be logged in to use chart GIB.A-T CGI Group (A)

This is going to continue to be a beneficiary of capital flows. It has a fairly decent revenue stream coming in from outside of Canada. Also, it is in a small group that is a unique part of the Canadian marketplace, which is not financials or commodities. Fits his view of a low volatile investment.


Price:
$55.510
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Unknown
2016-01-26 COMMENT Must be logged in to use chart MA-N Mastercard Inc.

MasterCard (MA-N) or Visa (V-N)? Visa is a bit of a bigger company, and the question is really going to come down as to how they manage their currency globally. He understands that Visa is a better play if the US$ continues to rise, and this one is better if it starts to decline. That is splitting hairs, but if he had to decide between the 2, he would probably go with Visa because of its dominance in size.


Price:
$87.000
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Unknown
Showing 1 to 15 of 852 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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