Viewing Expert Stan Wong | StockChase
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Compiling comments that experts make about stocks while on public TV.

Viewing Expert

Stan Wong , Director & Portfolio Manager

Private Wealth Management, ScotiaMcleod

Address
675 Cochrane Drive
Suite 115
Markham, ON
L3R 0B8

Contact Info
Telephone: 905-752-1996
Toll Free: 1-855-752-1996
Fax: 905-752-1995
Email:
Website: http://www.stanwong.com

Bio:

Stan Wong is one of Canada’s leading investment professionals. With over 17 years of experience, he provides industry leading wealth management and investment counsel to affluent families, small business owners and institutional clients in Canada. 
As a qualified and registered Portfolio Manager, Stan retains one of the highest levels of registration in the investment services industry. The Portfolio Manager title is a designation that requires a high level of academic achievement and success in the investment industry.
Stan recently joined ScotiaMcLeod as Director of Wealth Management & Portfolio Manager in January 2014. Prior to joining ScotiaMcLeod, Stan held senior positions at Macquarie Private Wealth and its predecessor firm. Stan has also worked at CIBC Wood Gundy and Merrill Lynch. Stan earned his Honours Bachelor of Arts degree in Economics from the University of Toronto in 1996. 
Today, Stan is also a frequent guest commentator on Business News Network (BNN) television, The Globe & Mail, Reuters and the Wall Street Journal.


Date Signal Chart Symbol Company Opinion Price
2016-11-18 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market. This has been an eventful week. It seems as though investors have really looked to the pro-growth side of things, and have become more optimistic about president elect Trump focusing more on initiatives, such as corporate tax reform, infrastructure spending and deregulation, and less on immigration and trade reform. In the near term, things have gotten a little ahead of themselves. We have seen a major rotation of the defensive type of areas, yielding oriented type of equity stocks, into the more cyclical areas. Feels we are a little ahead of ourselves. His focus is more on financials, industrials and parts of the healthcare sector, and even the energy side. Those are the beneficiaries under a Trump Administration. Would probably be a little underweight in the areas of consumer staples, telecoms and real estate. He sold into the “Trump bump rally” taking some profits a couple of days ago, mainly of financials, which are technically overbought at this point. He is about 15%-20% cash at this point.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
_N/A
2016-11-18 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Oil? Has about 10% weighting in energy names. He likes more of the large cap names in the US such as Exxon (XOM-N) for its size and its ability to buy other names that are in trouble. In Canada, he likes Canadian Natural Resources (CNQ-T) and Encana (ECA-T) which has done extremely well with the move up in natural gases. He likes Pembina Pipeline (PPL-T) for its very consistent dividend yield of just under 5% and steady growth.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Yes
2016-11-18 DON'T BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Gold? With the US$ going up and a reflationary theme around the world in trying to get prices moving higher, he thinks gold prices and precious metal prices are going to be laggards. Doesn’t think gold and silver are going to perform extremely well.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Unknown
2016-11-18 BUY on WEAKNESS Must be logged in to use chart BAC-N Bank of America

He would wait for this and all the other US banks that have taken off to calm down a bit. Look for somewhere around $18-$19. The RSI is close to 80 at this point. This is pretty cheap, trading at .83 Price to Book.


Price:
$20.000
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
No
2016-11-18 TOP PICK Must be logged in to use chart CELG-Q Celgene Corp

This is a beneficiary of the mandate coming from the Trump administration. With the Hillary Clinton overhang being out of the way, he likes this. This continues to have very, very strong growth prospects and will benefit from aging demographics. This is more in the cancer drug type of space and have a good pipeline of drugs that are coming through. They have a growth plan to double their revenues to more than $21 billion by 2020. Trading at 18X forward earnings with a long-term growth rate of 20%. (Analysts’ price target is $139.)


Price:
$121.970
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Yes
2016-11-18 PAST TOP PICK Must be logged in to use chart CGX-T Cineplex Inc

(A Top Pick Oct 29/15. Up 2.96%.) Great dividend and great operation. The company is moving away from relying just on the box office, and diversifying into things like the rec room, the entertainment centre, etc. He likes this for a long-term hold.


Price:
$50.690
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Yes
2016-11-18 WAIT Must be logged in to use chart DOL-T Dollarama Inc.

The chart shows it is starting to break down a little. Broke below the 50 day and 100 day moving average, which is a bit of a warning sign. Hasn’t quite broke below the 200-day moving average. A great growth rate of about 16%, but trading at 25X forward earnings. Wait for this to come down a little when valuations are a bit better.


Price:
$97.930
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Unknown
2016-11-18 COMMENT Must be logged in to use chart FB-Q Facebook

Management just announced they are buying back $6 million worth of stock. Thinks they have looked at the stock and seen that it has come down a little. Stock is trading at 23X earnings, which is not cheap, but probably has over a 30% growth rate, which puts it at a PEG ratio of .7.


Price:
$117.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Yes
2016-11-18 DON'T BUY Must be logged in to use chart GILD-Q Gilead Sciences Inc.

Had owned this, but got stopped out a while ago. The chart shows it has been coming off since the beginning of last year with a series of lower highs and lower lows. To keep market share in the hepatitis C environment, they were lowering prices, which hurt their margins. Their growth rate has gotten down to flat line over the next few years. (See Top Picks.)


Price:
$74.620
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
No
2016-11-18 COMMENT Must be logged in to use chart KHC-Q Kraft Heinz Company (merged)

This looks very similar to a lot of other consumer staple names. The chart is showing a topping pattern, really flat lining over the past 6 months or so, and is now starting to fall. Trading below its 200-day moving average, and the shorter term moving averages are starting to fall. You are paying 25X earnings for the stock, which is not cheap. 2.9% dividend yield.


Price:
$82.530
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
No
2016-11-18 COMMENT Must be logged in to use chart KO-N Coca-Cola Company

A consumer staple name, which will probably be affected by a couple of things. Since April it has been having lower lows and lower highs. It has broken below its 200-day moving average, and the 200-day moving average is starting to turn downwards. Trading at a forward PE of 20X earnings. Growth rate is probably mid-single digits, which gives it 4X on a PEG ratio basis, which is not cheap.


Price:
$40.910
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Unknown
2016-11-18 COMMENT Must be logged in to use chart L-T Loblaw Companies Ltd

In the consumer staples space in Canada and the US, we are seeing some weakness. He sees money moving from defensive types of names into more cyclicals. The company had some very good earnings earlier this week, and the stock has moved up towards its 200-day moving average, but if you look at how the stock has performed over the last year, that moving average has really been flat, a bit of a warning sign. Trading at about 17X earnings with not that high of a growth rate.


Price:
$68.480
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Unknown
2016-11-18 TOP PICK Must be logged in to use chart MFC-T Manulife Financial

This is the 1st time he has selected a Top Pick, which he just sold. Likes this long-term, but it took off and the RSI is up. He likes the name and would buy it back if it just dropped a couple of dollars lower, which it will when things calm down. Interest rates are moving higher and equity markets are steadying, but more importantly they have really done well with their organic growth and have made a very good series of successful acquisitions. They are in the very fast growing part of the world in terms of the insurance market. Over 40% of their revenues are coming from Asia. Trading very cheaply at about 11X forward earnings. Dividend yield of 3.22%. (Analysts’ price target is $23.76.)


Price:
$22.950
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
No
2016-11-18 COMMENT Must be logged in to use chart MG-T Magna Int'l. (A)

NAFTA is something that you want to look at. Whether or not Trump goes down that road and amends or repeals it, it is going to have an effect on a company like this. The stock is very cheap at around 7X earnings. Still has a pretty decent growth rate.


Price:
$54.830
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Yes
2016-11-18 COMMENT Must be logged in to use chart NFLX-Q Netflix Inc.

This is pricey in terms of a PE multiple, trading at nearly 300X on a forward earnings basis. However, they’ve got great growth and exciting things are happening with them. Doing very well going to the international market, not so much in China. They are going to reach about 92 million subscribers internationally. Their costs are swelling, because they have to get a lot of original content, which is going to be a headwind for them. He views this as more of a trading stock than anything.


Price:
$115.210
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
No
Showing 1 to 15 of 1,398 entries
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