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

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Christine Poole , Managing Director

GlobeInvest Capital Management


Date Signal Chart Symbol Company Opinion Price
2014-09-09 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market. The market has been very good, but we are always vulnerable to a pullback. Everybody keeps talking about a 10% pullback, but we haven’t seen that yet. Given the strength of the market, it will be sensitive to any potential negative news. Economically the growth in the US is quite good. There have been very strong industrial manufacturing measurements in the last couple of weeks. The Fed will be finished tapering in November and they’ll probably start to increase interest rates at some point. If the US economy comes on too strong, she could see the market pull back. Thinks growth will be somewhat muted, but because of the strong manufacturing activities, we’ll see job growth accompanying that, which will be positive. Outside of the US, things are slowly improving, but it is very bumpy. The Ukraine/Russian situation is having an impact on the European economy, but we have seen the central banks there inject more liquidity into the system to keep everything going. As long as profits keep rising in the high single digits, she expects there is more upside.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
_N/A
2014-09-09 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

What are your favourite REITs? Feels there is a place for having some REITs in your portfolio, whether you are an income or a growth investor. Maybe 5%-6%. High quality REITs do provide a quality cash flow stream and give you yields of 4%-5%. She owns Chartwell (CSH.UN-T) in seniors housing. She also owns H&R (HR.UN-T) which has a high quality, blue-chip portfolio list of tenants. Occupancy is very high. If there was a high spike in interest rates, REITs would probably not do very well.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
_N/A
2014-09-09 SELL Must be logged in to use chart AA-N Alcoa

This has done very well and is probably a Sell. Aluminium prices increased by about 15%-20% in the last 3 months, due to some production curtailment. This is one commodity that China produces domestically. Capitalization in this industry is quite low at about 78%, which means there is plenty of capacity out there.


Price:
$17.110
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2014-09-09 COMMENT Must be logged in to use chart CAT-N Caterpillar

Very much tied to the global economy. Stock has not done that well. There has been a slowdown in mining which is not good for this company. Some of the regions were over inventoried, so they were not selling. A high quality name. Still a little too early to Buy. If gold does eventually pick up, this company will do fine.


Price:
$107.400
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2014-09-09 HOLD Must be logged in to use chart CGX-T Cineplex Inc

The traffic flow into theatres has been relatively weak. Provides a pretty attractive yield at 3.5%. Have been increasing dividends slowly. Very well-managed. They can’t really control the movie slate, but have been very good at increasing their concession sales, using theatres for alternative programs and introducing premium priced movies. The movie slate coming forward looks to be more positive.


Price:
$40.620
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2014-09-09 BUY Must be logged in to use chart CPG-T Crescent Point Energy Corp

Their acquisitions have generated criticism in the last couple of years. Stopped doing that for a while and focused on internal development. Have just acquired a land package which is expanding their holdings in their core area. This is positive. Has pulled back a little so it is an attractive time to Buy or to build a position. Very nice yield of over 6% which she feels can be fully supported.


Price:
$42.630
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2014-09-09 COMMENT Must be logged in to use chart CVE-T Cenovus Energy

This is more the oil side of the old Encana (ENC-T). Good company. Hasn’t done much because of the commodity price. She is getting a little more interested in Canadian Natural Resources (CNQ-T).


Price:
$33.490
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2014-09-09 COMMENT Must be logged in to use chart DOL-T Dollarama Inc.

Have executed really well and are obviously the leader in Canada. Right now the multiple is relatively high. Thinks they will be facing a few headwinds going forward. Reporting on Thursday so there will be some commentary regarding that. They source a lot of their product from the US, so the strong US$ is going to hurt them. Also, there is going to be an increase in the minimum wage in Ontario, which will hurt their costs slightly. Starting in 2015, the tariffs on imports from China will be going up.


Price:
$93.490
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2014-09-09 COMMENT Must be logged in to use chart ECA-T Encana Corp

This is on her watchlist. They have a big war chest and the thought is that they will be using that to acquire something. Have announced that they are focusing on liquids rich natural gas.


Price:
$25.500
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2014-09-09 TOP PICK Must be logged in to use chart EMR-N Emerson Electric

Very high quality, global, industrial company. A great way to play the increasing industrial manufacturing activity in the US and the rising CapX, as well as improving globally. They automate, regulate, monitor and measure manufacturing processes and power generation. Also, big manufacturers of compressors. Dividend yield of 2.64%.


Price:
$65.110
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2014-09-09 PAST TOP PICK Must be logged in to use chart GIB.A-T CGI Group (A)

(A Top Pick Sept 10/13. Up 15.63%.) Doesn’t pay a dividend, so it is really for a more growth oriented investor. Have had a really good track record of making acquisitions.


Price:
$39.140
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2014-09-09 HOLD Must be logged in to use chart HSE-T Husky Energy

Went through a bit of a change a couple of years ago and had new management put in. She thinks things are starting to work out for them. Have a big offshore gas field in China that is going to be coming on stream. Pays a decent yield. Given the pullback it has had with a lot of the other large-cap producers, she would continue to hold.


Price:
$32.450
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2014-09-09 BUY on WEAKNESS Must be logged in to use chart IPL-T Inter Pipeline

Likes how they are positioned and thinks they are going to continue to grow their dividends by 3%-5% every year.


Price:
$36.980
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2014-09-09 PAST TOP PICK Must be logged in to use chart JNJ-N Johnson & Johnson

(A Top Pick Sept 10/13. Up 20.55%.) Very high quality consumer products/pharma company. She would probably wait for it to pull back a couple of dollars. She has a target price of $112-$115. Yield of just over 2%. They are seeing a lot of positive revenue growth, which is coming from their pharma division, which has the highest margins. Thinks the problems they’ve had on the consumer side are largely behind them.


Price:
$103.800
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2014-09-09 COMMENT Must be logged in to use chart LULU-Q LuLulemon Athletica (US)

She is not really interested in this name right now. The company is going through a lot of change in terms of broadening their audience to men’s apparel and improving their product. Have a new CEO and are still searching for a new CFO as well. The multiple has come back, but is still not cheap enough for her to get involved. You want to see the earnings turn more positive and have more visibility as to how they are going to get there.


Price:
$38.680
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
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