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
2016-04-06 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  We are range bound and will be for some time.  He is seeing near term upside resistance on the S&P500 at the 2100 level.  You have to be cautious.  It means you have to have upwards of 15-20% cash.  Look for singles and doubles rather than home runs.  We have seen a lot of revisions downward.  Guidance will be key.  We need significant earnings growth before we see new highs in the market.  Just because the markets are range bound does not mean there will not be opportunities.  Fixed income is tough because yields are low and will be for some time.  A lot of his fixed income is outside of North America where rates are going lower or negative and so bond prices have been going up.  Banks had a nice rally and then pulled back.  He got out of TD-T because it overshot to the upside. 


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
_N/A
2016-04-06 HOLD Must be logged in to use chart AAPL-Q Apple

The dividend is projected to be 2% this year.  He thinks it will go up this year.  He has held this for a long time even though he is not a buy and hold guy.  It is reaching a resistance level.  He is looking for an opportunity to take profits. 


Price:
$110.960
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-04-06 WATCH Must be logged in to use chart AGU-T Agrium

There is more diversification than POT-T so the stock has not fallen as much.  We are right at about the point we were at for the February lows.  If we hold this level then it may be an opportunity to accumulate shares.


Price:
$113.410
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-04-06 HOLD Must be logged in to use chart ATD.B-T Alimentation Couche-Tard (B)

He has liked the name for a long time.  It is starting to round off a bit and it is mainly due to valuation.  It is 20 times earnings on a forward basis.  It is at the high end of its PE range.  Long term it is fine, but near term you want to use a stop loss in case it continues to fall.


Price:
$56.520
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2016-04-06 DON'T BUY Must be logged in to use chart AXP-N American Express

It has a bit of an uphill battle to get back to double digit EPS growth.  Visa is at 15%.  A lot of competition has come through.  He prefers other credit card names.


Price:
$59.880
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2016-04-06 DON'T BUY Must be logged in to use chart BA-N Boeing

We had a recovery from the February lows, but it stopped at the 200 day moving average so he would hesitate to buy now.  He would stay away from this name.


Price:
$127.930
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-04-06 WAIT Must be logged in to use chart BCE-T BCE Inc.

He recently took profits and moved to RCI.B-T.  He got out because it was getting back to the old highs of last October.  It has a great dividend.  He likes it longer term.


Price:
$59.400
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2016-04-06 PAST TOP PICK Must be logged in to use chart C-N CitiGroup

(Top Pick Apr 9/15, Down 19.38%) A lot of its growth came from outside the US and that has now hurt it.  Long term he likes the name.


Price:
$41.860
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2016-04-06 TOP PICK Must be logged in to use chart CELG-Q Celgene Corp

Got beat up quite a bit last year.  Long term, this name will continue to do well.  They are into severe immune system problem drugs.  19 times earnings with 20% compound rate of return.  It is breaking above resistance.


Price:
$108.220
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-04-06 TOP PICK Must be logged in to use chart CGX-T Cineplex Inc

He still likes the name.  Great branding in Canada.  They have the benefit of the strong slate of recent and upcoming movie releases.  Strong attendance numbers have lifted concession revenues nicely.  It is a low beta name.  3.07% dividend. 


Price:
$50.770
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-04-06 BUY Must be logged in to use chart DIS-N Walt Disney

The stock came off yesterday and rebounded a bit today.  The Facebook CEO may be a candidate for CEO of DIS-N.  Cord cutting has been hurting this stock for the last little while.  The likes the stock.  If it drops below February lows, then you might want to put in a stop loss at that point.


Price:
$97.480
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-04-06 DON'T BUY Must be logged in to use chart EMP.A-T Empire Company (A)

He does not follow this as closely as other grocers.  He rates Metro and then L-T above this one. 


Price:
$21.770
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2016-04-06 WATCH Must be logged in to use chart FIE-T iShares Cdn Financial Monthly Income ETF

A collection of Canadian banks and insurers.  It moved up nicely since the February lows.  We had a run and there is some question on where oil prices are going.  He would not accumulate at this time.


Price:
$6.460
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-04-06 PAST TOP PICK Must be logged in to use chart HEDJ-N Wisdomtree Europe Hedged Equity Fund

(Top Pick Apr 9/15, Down 18.00%) The trajectory is up.  It is a currency hedged product and he will decide in the future if he stays with it going forward.  You don’t get hurt if the Euro fall against the US dollar.


Price:
$50.910
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-04-06 BUY Must be logged in to use chart IBB-Q iShares Nasdaq BioTech ETF

Biotech companies in the US.  He likes the space.  He owns two biotech names individually.  He thinks the space is being misunderstood.  He thinks there is opportunity here.  He likes the look of the chart. 


Price:
$285.800
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
Showing 1 to 15 of 1,283 entries
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