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
2017-01-13 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market. Feels investors are really looking for clues from Donald Trump for timing, magnitude and details surrounding some of the policies that he has talked about, and we didn’t see a lot of that. Thinks the trend for corporate tax reform, tax cuts, infrastructure spending, deregulation will continue, and will feed into those sectors that are in the cyclicals, and not into the more defensive types of names. Given the massive run up since the election, it is very, very possible there will be a pause or consolidation in the market. If interest rates move too quickly, that could pose some anxiety in the market. We also need to see some very sustainable strong corporate earnings. If there are some policy disappointments or some excessive protectionist measures that is taken by Trump, that could also deflate some of the market moves. Thinks value will outperform growth once again this year, so value is a theme he is holding onto. Financials fall into both the cyclical and value themes after having been beaten up for so many years.


Price:
$0.020
Subject:
NORTH AMERICAN & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2017-01-13 COMMENT Must be logged in to use chart BABA-N Alibaba Group Holding

He likes this. Technically, it is above the 200-day moving average, which is positive. Fundamentally, it looks interesting. The most dominant Chinese e-commerce company, dominating about 75% of online sales. Recently upgraded the type of things they are selling online. Fundamentally it makes a lot of sense. Trading at a pretty decent valuation at about 30X valuation, but growing at a pretty high clip of 20%-25%.


Price:
$87.370
Subject:
NORTH AMERICAN & ETFs
Bias:
UNKNOWN
Owned:
No
2017-01-13 HOLD Must be logged in to use chart BAC-N Bank of America

He likes the big banks in the US. This is probably one of the more interest rate sensitive banks in the US, so if interest rates move up, you’ll probably get a pretty good lift on the stock price. Wouldn’t be surprised if this gave back some of its recent gains, but is still a good Hold.


Price:
$23.010
Subject:
NORTH AMERICAN & ETFs
Bias:
UNKNOWN
Owned:
No
2017-01-13 COMMENT Must be logged in to use chart BCE-T BCE Inc.

Telecoms fall in that defensive space of higher dividend, lower volatility characteristic. Canadian telcos have started falling off with interest rates moving higher. The positive on this is that you are getting a very, very nice rich dividend, and it will continue. From a capital appreciation standpoint, it will be somewhat limited, as it got a bit pricey and money is flowing out of telecoms and into energy, materials and financials.


Price:
$58.190
Subject:
NORTH AMERICAN & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2017-01-13 COMMENT Must be logged in to use chart BMY-N Bristol Myers Squibb

He is a little more cautious on healthcare names because of the new US governments stance. Prefers AbbVie (ABBV-N) which has a little better valuation and growth profile. Bristol-Myers has a cancer drug that has a lot of competition from a number of other companies. Technically, it is well below its 200-day moving average.


Price:
$56.220
Subject:
NORTH AMERICAN & ETFs
Bias:
UNKNOWN
Owned:
No
2017-01-13 COMMENT Must be logged in to use chart COST-Q Costco Wholesale

A great brand. What might hold it back is valuation. Trading at about 27X forward earnings, which is a bit rich. EPS is growing at about 10%, which is pretty decent. Their renewal rate is phenomenal, and 90% clip in North America, and 88% outside of North America.


Price:
$161.860
Subject:
NORTH AMERICAN & ETFs
Bias:
UNKNOWN
Owned:
No
2017-01-13 COMMENT Must be logged in to use chart DOL-T Dollarama Inc.

He likes this franchise a lot. Very unique in Canada. It has a major advantage over any other dollar store franchise. He took profits on his holdings. The stock has been really meandering sideways for some time. This is because it is trading at 27-28 times trailing and forward earnings. Not cheap. Management is doing a very, very good job. They are planning on opening 60-70 stores this year. The valuation still holds him back from wanted to own this.


Price:
$98.000
Subject:
NORTH AMERICAN & ETFs
Bias:
UNKNOWN
Owned:
No
2017-01-13 PAST TOP PICK Must be logged in to use chart EA-Q Electronics Arts Inc

(A Top Pick Dec 3/15. Up 19.53%.) Sold his holdings. They have done a really good job in moving from the console games to the more digital games. They’ve partnered with Disney (DIS-N) to use Star Wars games. Not a bad name at 22X earnings.


Price:
$80.350
Subject:
NORTH AMERICAN & ETFs
Bias:
UNKNOWN
Owned:
No
2017-01-13 COMMENT Must be logged in to use chart FB-Q Facebook

He really likes this. Growth is continuing to be very explosive. They have a very unique type of marketing and advertising, and continue to monetize the various types of things they have. Shares got a bit weak after the election and fell below the 200-day moving average, but not by much. Now it is back above it and the average is very, very positive. Trading at about 30X earnings and growing at a 30% clip.


Price:
$128.340
Subject:
NORTH AMERICAN & ETFs
Bias:
UNKNOWN
Owned:
Yes
2017-01-13 PAST TOP PICK Must be logged in to use chart GD-N General Dynamics Corp.

(A Top Pick Dec 3/15. Up 28.04%.) Has done very, very well, especially given the fact that one of Trump’s stated priorities is to increase defence spending. He took his profits from this and switched to another industrial name.


Price:
$177.890
Subject:
NORTH AMERICAN & ETFs
Bias:
UNKNOWN
Owned:
No
2017-01-13 COMMENT Must be logged in to use chart GE-N General Electric

Likes industrials in general. Given that it is in many higher technology areas, whether aircraft engines or longer-term infrastructure projects, he likes the name a lot. A little expensive at 21X earnings with a 10% growth rate, but the dividend is good. The stock is trading well above the 250 day moving averages. Nice dividend of 3.1%.


Price:
$31.360
Subject:
NORTH AMERICAN & ETFs
Bias:
UNKNOWN
Owned:
Yes
2017-01-13 COMMENT Must be logged in to use chart GOOGL-Q Alphabet Inc. (A)

He likes this and doesn’t see selling his holdings for some time. Trading at about 24X earnings. Growing at a 15-16 clip, a pretty good valuation for a very strong tech name that doesn’t have a lot of competition. They are monetizing areas like the YouTube space, and their ad sales are doing very, very well. This is a name you want to hold long-term.


Price:
$804.570
Subject:
NORTH AMERICAN & ETFs
Bias:
UNKNOWN
Owned:
Yes
2017-01-13 COMMENT Must be logged in to use chart KHC-Q Kraft Heinz Company (merged)

A consumer staples name, and the stock has been a little bit weak in the last little while. Investors have been pulling money out of this space. However, it is one of the faster growing names in packaged food, growing at about a 20% clip in terms of EPS. Pays a decent yield of about 2.75%. Technically, it is probably one of the better consumer staple stocks and is still trading above its 200-day moving average. The only concern he has is that it probably generates quite a bit of its revenues from outside of the US, and will probably lose some money on the top line due to fighting foreign currencies coming in.


Price:
$87.030
Subject:
NORTH AMERICAN & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2017-01-13 PAST TOP PICK Must be logged in to use chart L-T Loblaw Companies Ltd

(A Top Pick Dec 3/15. Up 7.24%.) He took profits on this a while ago. Being in the consumer staples space, he doesn’t pay attention to this particular area. He does like this stock.


Price:
$69.800
Subject:
NORTH AMERICAN & ETFs
Bias:
UNKNOWN
Owned:
No
2017-01-13 TOP PICK Must be logged in to use chart MET-N Metlife

He likes the financials in the US. Life insurers are going to benefit the most from rising interest rates and a steepening yield curve. This is the largest US life insurer, and one of the largest financial services companies in the US. A pretty strong global brand, very solid financial balance sheet and a very large distribution network. There is also an easing of the regulatory environment. About 3 months ago, they announced a shareholder friendly $3 billion buyback program. Trading pretty cheap at 10X PE. Dividend yield of 2.95%. (Analysts’ price target is $60.03.)


Price:
$54.310
Subject:
NORTH AMERICAN & ETFs
Bias:
UNKNOWN
Owned:
Yes
Showing 1 to 15 of 1,426 entries
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