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Compiling comments that experts make about stocks while on public TV.

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Stan Wong , Director of Wealth Management & 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
2015-02-27 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. In the very near term, North America as well as global equities, they are a little extended according to the Relative Strength Index. In North America, both the S&P 500 and the TSX are in the 60 something range for the RSI, which is getting a bit overbought. Thinks a brief pause is in order. Those 2 indexes are trading at 18X-19X the trailing or forward earnings. This is at the higher end of historical valuation ranges. Geopolitical risks, uncertainty of the timing of rising interest rates, and the spill over of lower commodity prices are risks that he is looking at. They will cause more volatility. On the positive side, the lower energy costs will be a net benefit for the US economy, because 70% of the US economy is the consumer. Also, oil importing companies will benefit. Because of this, he thinks we will see markets grind higher in the US and other parts of the world. A Buy on Dips mentality still makes sense.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
_N/A
2015-02-27 COMMENT Must be logged in to use chart AGU-T Agrium

Agrium (AGU-T) or Potash (POT-T)? This is doing very well and had a record high today. Both names are quite strong, but this one ranks a little higher due to its growth metrics and its diversified mix. Dividend of 2.63%.


Price:
$144.380
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
No
2015-02-27 BUY Must be logged in to use chart ATD.B-T Alimentation Couche-Tard (B)

Showing up in his ranking system as a stock that you want to own. In Canada you want names that are slightly defensive, given the uncertain outlook for the economy. Convenience stores and dollar stores are relatively defensive. Trading at 20X forward PE with a still very decent growth rate.


Price:
$48.240
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
No
2015-02-27 COMMENT Must be logged in to use chart BNS-T Bank of Nova Scotia

You would own this one for its International exposure and its decent dividend profile.


Price:
$66.810
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2015-02-27 COMMENT Must be logged in to use chart CAT-N Caterpillar

Despite some improvements in the construction equipment business, this continues to be hampered by weakness in the mining equipment business. This is one he would be cautious on. Trading at 17X forward earnings with about an 8% long-term growth. This makes it expensive at a 2X PEG ratio.


Price:
$82.900
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
No
2015-02-27 DON'T BUY Must be logged in to use chart CCO-T Cameco Corporation

Not a big fan of uranium. From a technical perspective, the stock is falling below the 200 day moving average and is not getting above that very much. Thinks the demand in this particular space is slow and is waning. There is also a surplus.


Price:
$19.300
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
No
2015-02-27 COMMENT Must be logged in to use chart CSCO-Q Cisco

Shows up on his screens as a pretty good purchase at this point. Have had some decent earnings reports recently. They are the backbone of the Internet. Trading at 13X earnings with a high single digit growth rate. The large cap technology names are doing well. A good name.


Price:
$29.510
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Unknown
2015-02-27 COMMENT Must be logged in to use chart CSX-N CSX Corp

CSX (CSX-N) or Union Pacific (UNP-N)? Both names are great. You are certainly getting exposure to the recovering US economy. In terms of valuation, he thinks Union Pacific is slightly better, and it is a much bigger company. He doesn’t think you will see a tremendous performance difference between the 2 names. 100% of revenues come from within the US, so they don’t have the risk of revenues coming from overseas with the US$ headwinds against them.


Price:
$34.310
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
No
2015-02-27 PAST TOP PICK Must be logged in to use chart GE-N General Electric

(A Top Pick Feb 13/14. Up 6.7%.) Also, the US$ has appreciated by about 14%-15% against the Cdn$. This is a laggard to some of the other names right now because of its exposure to the energy space, but the stock should be supported by the improving global demand in longer infrastructure cycle businesses such as power generation, water infrastructure and jet engines. Pays a 3.5% dividend yield. Still likes it.


Price:
$25.990
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2015-02-27 PAST TOP PICK Must be logged in to use chart GILD-Q Gilead Sciences Inc.

(A Top Pick Feb 13/14. Up 25.41%.) They have another drug which is a little bit cheaper. He still likes this. Very cheap trading at 11X forward price earnings. Still trading with a 25% estimated long-term EPS growth rate. It puts it at a PEG ratio below .5.


Price:
$103.530
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2015-02-27 COMMENT Must be logged in to use chart GOOGL-Q Google

Revenues and earnings continue to decline. Highly dependent on the search and advertising business, but are expanding and diversifying within that space. Putting a lot of money into R&D. If it wasn’t for that, their earnings would be even more powerful than they are today. He likes this long-term.


Price:
$562.630
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2015-02-27 HOLD Must be logged in to use chart HD-N Home Depot

US housing market continues to recover, which is the story behind this company. There are also very favourable demographic trends for them. Houses are aging in the US and interest rates remain low, and there is a big pent up demand for home-improvement and remodelling projects. US consumer is becoming more confident because the labour market is improving. Also, energy costs are cheaper now. Trading at 22X forward earnings with a 15% growth rate in terms of earnings per share.


Price:
$114.750
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2015-02-27 COMMENT Must be logged in to use chart JPM-N JP Morgan Chase & Co

This has taken some time to start to move up, but with the US housing recovery in motion, the improving labour market and lower energy prices, these are positive developments for banks. With interest rates eventually moving up, at some point later on this year or next, Net Interest Margins should improve. Legal issues are still there, but the bigger parts are behind us. Trading at 10X forward PE, which is below historical averages.


Price:
$61.280
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2015-02-27 COMMENT Must be logged in to use chart KO-N Coca-Cola Company

This is a lower growth type of name. What concerns him is that they are 55% dependent on international revenues. With the soaring US$, that will certainly act as a headwind towards revenues and earnings.


Price:
$43.300
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Unknown
2015-02-27 TOP PICK Must be logged in to use chart L-T Loblaw Companies Ltd

Just reported good earnings and also at a record high. This is your classic consumer staples name. Very steady and predictable growth along with a modest but growing dividend. They will probably grow their dividend at a 5% clip per year over the next several years. A lot of their capital expenditures are behind them, so you will see that in the earnings and you will see the benefits of those renovations going forward. The acquisition of Shoppers Drug Mart will certainly provide this grocery giant exposure to higher-margin profile. Trading pretty nicely at 18X forward earnings with a 15% growth rate. Dividend yield of 1.54%.


Price:
$63.790
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
Showing 1 to 15 of 1,029 entries
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