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
2016-05-19 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market. Markets are showing a sign of fatigue after bouncing off the lows of January and February. There was a very sharp rally from January and February bouncing off the 2,100 level on the S&P 500. $14,000 seems to be an overhead resistance for the TSX. The S&P and TSX are trading at around 17-18 times forward earnings. That is a premium to a 10-year average of 14-15 times. We are going to slow down a bit and be range bound, being a little bit bumpy going forward. The earnings picture on the corporate side hasn’t been very good. There are concerns about global economic growth and geopolitical tensions, whether about the UK or things happening in Venezuela. We have a very uneasy US political backdrop as well. There is also the timing of the US Federal Reserve interest rate. He is about 12% in cash. When investing now, you want to be in the high quality, more defensive areas, lower beta type of stock, and that can include consumer staples, utilities, healthcare or telecom. Those types of names tend to be a little more predictable and reliable.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
_N/A
2016-05-19 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

US banks. Rising interest rates will represent improved profits through higher net interest margins for US banks. The banks haven’t really participated in the rally we have seen since January/February, which is troublesome for the overall market. They represent some decent values, but there is some concern about where the economy interest rates are going. The sector has moved above the 200 day moving average, which is positive.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Yes
2016-05-19 COMMENT Must be logged in to use chart AAPL-Q Apple

The chart is starting to look a little rough.  The 200 day moving average is falling and the stock is below the 200-day, 100-day and 50-day averages. The concern is how much further can the iPhone actually go. It represents two thirds of their revenues, which is very significant. If Apple does not succeed in China, it is going to spell a little bit of trouble for the company in terms of growth. The years of its extreme growth may be behind it. Right now he is looking for an exit point.


Price:
$94.200
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Yes
2016-05-19 COMMENT Must be logged in to use chart AMLP-N Alerian MLP ETF

A basket of midstream and infrastructure energy names. Pays about a 9% dividend yield. Has gotten beaten up quite dramatically, but has started to recover from its February lows. If you think the energy sector is recovering and stabilizing, this might be a good name to hold for income and capital appreciation.


Price:
$12.253
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Unknown
2016-05-19 BUY on WEAKNESS Must be logged in to use chart BCE-T BCE Inc.

Sold his holdings recently in the $59-$60 level because these names start to become a bit toppy and hitting the highs that they had hit before. He likes the name. Great dividend, great cash flow and good media content. Would like to buy it a little cheaper.


Price:
$60.000
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
No
2016-05-19 COMMENT Must be logged in to use chart BRK.A-N Berkshire Hathaway Inc. (A)

This has actually underperformed the S&P 500 over the last 3 years. Year-to-date however, the shares have outperformed and are about 6% better than the S&P. In the last few years, in a growth environment, this has underperformed. On a go forward basis, it might make a lot of sense. It really depends on whether we are truly going back into a Value-based environment versus a growth environment.


Price:
$211179.990
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Unknown
2016-05-19 COMMENT Must be logged in to use chart CELG-Q Celgene Corp

Some of the biotech names, especially some of the larger cap names, represent some decent value for growth prospects they can give you. Trading below the 200 and 50 day moving averages right now, so not very strong from a technical perspective, but he does see a bottoming process. It hasn’t seen the February lows again. Touched down to it in March, but is now a little bit above those levels. He likes the stock.


Price:
$99.940
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Unknown
2016-05-19 COMMENT Must be logged in to use chart CPD-T iShares S&P/TSX Preferred ETF

BMO S&P/TSX Laddered Preferred (ZPR-T) or iShares S&P/TSX preferred (CPD-T)? The only difference between these 2 is that ZPR probably has a little bit more in the rate reset preferred shares, which are the shares that will do well when interest rates start to move higher. The both are very similar though. This one gives you about a 5% dividend yield, and you are basically investing in preferred shares. There is going to be some volatility in the preferred share market.


Price:
$12.370
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Yes
2016-05-19 BUY Must be logged in to use chart DIS-N Walt Disney

This represents a great, long term name, premium brand. He really likes their ability to have a franchise in the studio, moving on to the theme park, moving on to merchandise, and then moving onto television. They have the multiplatform to earn revenues. Some of the concern is cord cutting with ESPN. Thinks they need to start creating that content for streaming, and that will probably lift that overhang. This stock makes a lot of sense, and a good name to own longer-term.


Price:
$98.410
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Unknown
2016-05-19 PAST TOP PICK Must be logged in to use chart DOL-T Dollarama Inc.

(A Top Pick May 21/15. Up 27.36%.) Sold his holdings at the $92 level last month, because it was heading back to its highs, and he thought it was a bit of a double top. He is going to wait and see if it comes down into the low $80s before he picks it back up again. A bit expensive at 25X forward earnings and a 17% growth rate.


Price:
$88.820
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
No
2016-05-19 COMMENT Must be logged in to use chart EA-Q Electronics Arts Inc

Just sold his holdings about a week ago on its move higher based on strong earnings. He likes the name. Their partnership with Disney (DIS-N) and the Star Wars franchise makes a lot of sense. They are making a good transition from the console to the mobile space. He sold because he wants start moving away from higher beta names. Loves the company and the name and could buy it back later on.


Price:
$73.500
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
No
2016-05-19 COMMENT Must be logged in to use chart ENB-T Enbridge

Likes this and thinks it makes a lot of sense. The midstream names are a bit of a conservative way to play into the energy recovery if you think that is happening. He prefers something like Pembina Pipeline (PPL-T), which has a bit of a pickup in dividend and pays closer to 5%. Likes both names.


Price:
$52.100
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Unknown
2016-05-19 COMMENT Must be logged in to use chart FNV-T Franco-Nevada Corp.

This has been a great name and has really powered up in the last 6 months or so. Gold has been a very strong mover. However, you have to be careful as to where the US$ is going to start moving, and will that have a negative impact on gold. If interest rates move up this summer, that might put a bit of a dry spell on some of the commodity space. If you own, start using some stop losses to where you want to hold the stock.


Price:
$84.950
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Unknown
2016-05-19 COMMENT Must be logged in to use chart GE-N General Electric

Currently looking at exiting this. He has done very well with it, and has traded in and out of it a couple of times over the last couple of years. His concern is that the stock price has started to flatten out back into the November-December phase. It got to the $32-$33 level and really hasn’t broken above that. In March it got back to the $32 and then started to break down again. If there is a bit of a breakdown in the market, this is a bit of a barometer and the stock is going to break down too. Dividend of around 3%.


Price:
$29.360
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
Yes
2016-05-19 PAST TOP PICK Must be logged in to use chart GM-N General Motors Corporation

(A Top Pick May 21/15. Down 10.89%.) Got stopped out last August around this price level. Very cheap at 5X forward earnings with a 9% growth rate and a dividend at 5%. However, it has not done very well. Expects the market is concerned about the auto market maturing. Also there is very anaemic looking growth globally.


Price:
$30.320
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
CAUTIOUS
Owned:
No
Showing 1 to 15 of 1,312 entries
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