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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
2015-01-22 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Economy. The European Central Bank finally pulled the trigger on quantitative easing. If they had not done this, it would have affected the markets quite negatively. The markets went up on the news and was a little more than what he had expected. This will help the ECB from slipping back into a recession later this year. If they hadn’t done anything that could have caused a ripple effect, it could have landed on this side of the ocean.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
_N/A
2015-01-22 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. We have gone from a complacent and dormant situation with volatility, back to a more normalized type of market. Last year the VIX Index was about a 14 on average. The 10 year average is closer to 20, and we have seen that level a couple of times already this year, and it has moved beyond that. Thinks volatility will definitely normalize. It will be a little greater this year as we deal with higher interest rates potentially down the road with the feds and with geopolitical pressures, as well as what is going to happen overseas with Europe and China.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
_N/A
2015-01-22 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Energy. His energy exposure today is about 3%-4%, the same as it was 6 months ago. He would look to take advantage of the lower prices at some point. Doesn’t see any major catalyst for energy prices or energy costs to rebound in the very near term, but feels that in the back half of the year, as supply conditions tighten a little bit, that is where you might see a catalyst for oil and oil stocks to start rebounding a little. Energy is the wildcard for Canada in the back half of the year.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
_N/A
2015-01-22 DON'T BUY Must be logged in to use chart BB-T BlackBerry

They still have negative earnings, so it can’t be in his portfolio with negative earnings. He doesn’t see this turning in their favour. This is not a stock that he would own at this point.


Price:
$13.060
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
No
2015-01-22 COMMENT Must be logged in to use chart BCE-T BCE Inc.

This has done extremely well. You are getting a great dividend at 4.2%, which is expected to grow probably by 5% a year. Valuations are somewhat stretched in the telco space in general. However, in Canada we are looking at yields that are falling in terms of government yields and interest rates, which only makes names like this much more attractive.


Price:
$58.650
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2015-01-22 TOP PICK Must be logged in to use chart BLK-N Blackrock Inc.

Money manager, managing $4.6 trillion, $1 million which is in ETF’s. Holds a very enviable position in that fast-growing passive investing space, through the iShares franchise. Also, very strong in the fixed income business, which will attract assets given the aging demographics. 17X forward PE. Long-term growth is probably 10%-12%. Yield of 2.42% with probably a 10% growth rate.


Price:
$360.790
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2015-01-22 COMMENT Must be logged in to use chart CEW-T iShares Equal Weight Bank & Lifeco ETF

Thinks Canada may get on the path of lowering short-term interest rates and you’ll see the long-term rates come down based on the sluggish expectations of the Canadian economy. This ETF is basically a basket of Canadian banks and insurance companies. You are paying about 60 basis points for this one. It gives you a pretty broad base. Long-term he thinks you will do well.


Price:
$9.770
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Unknown
2015-01-22 COMMENT Must be logged in to use chart CPG-T Crescent Point Energy Corp

A higher-quality name. Have announced they are not going to decrease their dividend for the time being. Right now you are getting about a 9.5% dividend.


Price:
$29.100
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2015-01-22 COMMENT Must be logged in to use chart CVE-T Cenovus Energy

Some of the higher-quality and more liquid names in the energy space, such as this, one make sense. He is not sure where the immediate catalyst for this stock and energy are in the near term, but as supply conditions tighten a bit energy prices will start to move.


Price:
$24.460
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Unknown
2015-01-22 COMMENT Must be logged in to use chart CVS-N CVS Health

100% of revenues come from the domestic US market. This gives a decent dividend of 1.4%. The stock just keeps moving up. Excellent execution on the part of management. Pretty decently valued at 19X earnings for a 14% growth. One of the cheaper names in the consumer staples space. He likes this name.


Price:
$100.280
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2015-01-22 HOLD Must be logged in to use chart DIS-N Walt Disney

Near all-time highs, but technically it is not overbought. This is a name you want to continue to hold. He can’t think of another media name that has this excellent multi-platform strategy. Valuations are pretty fair for the premier type of name you are getting. There are some catalysts with Star Wars coming out later this year.


Price:
$95.150
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2015-01-22 COMMENT Must be logged in to use chart DLTR-Q Dollar Tree

Shareholders have agreed to a takeover by Family Dollar Stores (FDO-N). This makes the company more attractive as it has the synergies happening and a bigger footprint The average American has $900-$1000 more of disposable income. These types of stores will be beneficiaries of lower energy prices.


Price:
$70.250
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
No
2015-01-22 HOLD Must be logged in to use chart FDX-N FedEx

A fine name to own. In the packaging/shipping space and will do well. Gasoline prices are dropping in the US. You are paying 18X earnings for stock that will probably grow EPS at 15%. The only concern he has is that 28% of its revenues still comes from overseas. With the US$ going up, that is a bit of a headwind.


Price:
$181.400
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
No
2015-01-22 PAST TOP PICK Must be logged in to use chart GE-N General Electric

(A Top Pick Feb 13/14. Down 1.28%.) His Canadian clients are still up 13% because of the currency. Thinks this company will continue to do well with a couple of longer-term trends. The general market improvement will help them along with global demand for longer-term infrastructure types of businesses. They are simplifying their businesses and getting out of some that they shouldn’t be in. Sticking to more of their core industrial operations. Dividend of 3.75% will be increased.


Price:
$24.280
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2015-01-22 PAST TOP PICK Must be logged in to use chart GILD-Q Gilead Sciences Inc.

(A Top Pick Feb 13/14. Up 27.33%.) Had a little bit of volatility in the last few months, but still likes the stock quite a bit. You are paying 11X earnings for stock that is probably going to grow at 25% earnings per share growth. PEG ratio is below 5, which is pretty rare in the S&P 500.


Price:
$105.140
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
Showing 1 to 15 of 998 entries
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