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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
2015-01-27 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. People were hoping they could finish 2014 with some great holdings and some great returns that they had had for the whole year. The minute the calendar changed, there was a big repositioning amongst a lot of money managers, and this is having a lot of repercussions now. If you look back 30 years at the Canadian market, there were 3 major eras. 1.) There was the whole restock piling of China in the last 7 years and we outperformed the S&P 500 for some period of time. 2.) There was the whole restocking in the 80s as well as some of the postwar periods as well. The commodity cycle was starting to show a lot of weakness about 3 years ago. 3.) This then started showing up in stock prices and in oil, probably in earnest about a year ago. We are now at a point where if oil can consolidate here and give us some breathing room for a little while, we might see a bottoming process here. With the extra drop-down in the Cdn$ after the bank announcement, we are getting an equilibrium here where the question is, do you want to buy a beaten up Canadian infrastructure stock or do you want to convert the currency, hope for some more downside in the Cdn$ and maybe pick up a US bank or a US growth name. This makes it even more confusing for portfolio managers and investors.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
_N/A
2015-01-27 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Should I purchase US stocks in US$ or Cdn dollars? He would prefer the US market and a majority of the US names over the Canadian names. Staying in US$ and the US market is still preferable. However, the marginal benefit for the average investor is getting a little long in the tooth.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
_N/A
2015-01-27 BUY Must be logged in to use chart AAPL-Q Apple

Half the people think the iWatch is going to be a flop and the other half thinks it is going to be one of those sneaky hits that people just can’t live without. He thinks the stock will trade up because 1) most of the analysts are behind the ball on this and they’ll all raise their targets next week, and he thinks it trades up to $120 in the 1st quarter. The iWatch is coming out in early April, later than everybody expected. A very defensive name to him.


Price:
$109.140
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Yes
2015-01-27 PAST TOP PICK Must be logged in to use chart ATD.B-T Alimentation Couche-Tard (B)

(A Top Pick Feb 6/14. Up 75.43%.) The Pantry acquisition made a lot of sense. It is amazing to see a Canadian company that is so well regarded globally. He still buys this when new money comes in to his accounts. Not too late to get into it.


Price:
$47.600
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Yes
2015-01-27 COMMENT Must be logged in to use chart AXP-N American Express

This is not growing at the same massive rate that you are seeing with Visa (V-N) and MasterCard (MA-N). The issue is that they want to keep their service level very high and they want to cater to the elite high end customer, so they really have to walk a fine balance between cutting costs. Their mobile initiatives are excellent. They are also doing Optblue, going after the small merchants, which could be very large. Valuation is pretty attractive versus its 2 rivals. Owning all 3 would not be a bad play either.


Price:
$82.400
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Yes
2015-01-27 PAST TOP PICK Must be logged in to use chart BA-N Boeing

(A Top Pick Feb 6/14. Up 10.54%.) They capitalized a lot of the costs in building the 787’s, and now they are delivering them. The backlog goes out years. The cash flow will be astounding. They are going to have to do something with that cash and he imagines that it will be returned to the shareholders through buybacks or an increase in the dividends. This is an absolutely phenomenal core holding to have.


Price:
$132.480
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Yes
2015-01-27 DON'T BUY Must be logged in to use chart BBD.B-T Bombardier Inc (B)

This has been really frustrating for a lot of Canadian investors. They have just come up with a pretty major announcement on shelving their project and laying off people. Wait until it starts to turn up before thinking about buying.


Price:
$2.790
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
No
2015-01-27 BUY Must be logged in to use chart BLK-N Blackrock Inc.

Doesn’t follow this closely, but would be absolutely happy to continue holding if he did own it. He continues to like their iShares ownership franchise. He wouldn’t be afraid to pick it up here and hold for a while.


Price:
$351.480
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
No
2015-01-27 TOP PICK Must be logged in to use chart CBI-N Chicago Bridge & Iron Co.

He gives this with a strong advisory to keep your position very small as an initial position. Shares sold off 55% since its highs. Most of the Street is readjusting down on it. He thinks it has been discounted down to a much more onerous scenario than what might play out. Most of their business is from the downstream liquefied gas. The riskier part is not a big a part of their business. Yield of .72%. Only take a 1% position in this and make sure you have a stop in it.


Price:
$39.000
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Yes
2015-01-27 COMMENT Must be logged in to use chart CGX-T Cineplex Inc

Very well-managed. They are doing a lot of initiatives in the VIP theatres, a lot of things with their Scene card, loyalty programs. Recently announced the new Wreckroom concept. They are going to succeed.


Price:
$45.610
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Unknown
2015-01-27 HOLD Must be logged in to use chart CNR-T Canadian National R.R.

This is still his preferred rail name. If you pay too much attention to the research, it will tell you it is overvalued and you get nervous. He has just kind of put this thing away, and his Stop will tell him when he is getting into the Yellow zone.


Price:
$85.160
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Yes
2015-01-27 COMMENT Must be logged in to use chart CSU-T Constellation Software Inc.

This is a growth by acquisition. There is going to come a point where there is compression in the earnings, but the whole sector is not experiencing this right now. The whole sector’s in a bull market and it is going to stay there.


Price:
$365.630
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Yes
2015-01-27 DON'T BUY Must be logged in to use chart FXF-N CurrencyShare Swiss Franc

There is a school of thought that the Swiss are being brutally honest and getting ahead of the game by un-pegging the franc from the euro. This whole central banking coordination is getting very long in the tooth and getting very fragile. Why would you want to bother playing something that has some of the moving parts that are completely out of your control? He would just want to avoid this space.


Price:
$108.260
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
No
2015-01-27 TOP PICK Must be logged in to use chart FXM.A-T First Asset MorniingStar Canada Value

2 things are facing the average investor. Do want to take that marginal dollar and convert it into US to buy what he thinks is still a very dynamic market. This ETF is based on the MorningStar CPM system, which is well-known with the Bay Street crowd. It is a quant series of factors that looks for valuation and analysts’ upgrades, and narrows it down to 30 stocks. It is 7% in energy where the TSX is 22%.


Price:
$14.320
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Yes
2015-01-27 COMMENT Must be logged in to use chart GIB.A-T CGI Group (A)

Doing very well and executing in all areas. A major benefit to them is there international business. Only around 20% of their revenue is from Canada, so you are getting a really good clip on the currency. They continue to have a very big business relationship with Bell Canada (BCE-T).


Price:
$46.920
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
No
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