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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
2014-12-09 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

US Economy. This is growing stronger than what people would have anticipated a few months ago. Last week showed very strong payroll data with over 300,000 jobs, the 10th consecutive month of over 200,000. There are very strong manufacturing activity measurements, such as the ISM. November was around 58. Anything above 50 means that it is expanding. Also, consumer confidence is up.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
_N/A
2014-12-09 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Energy. Lower energy is like a tax break for consumers, and puts more money in their pockets. Lower input costs will help corporate profit margins, which is positive for earnings growth next year. This will also help the countries globally, particularly emerging markets that have to import crude, which should be an overall boost to their economy. She has not been adding anything to her energy portfolios. You have to see some stabilization first.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
_N/A
2014-12-09 DON'T BUY Must be logged in to use chart AC-T Air Canada (B)

A very leveraged play. She doesn’t tend to invest in airline companies, and considers them more of a trade then an investment. This has benefited from lower jet fuel prices. Traffic growth has actually been very strong in Canada, despite Canadian airlines adding capacity. If energy prices start to stabilize and go back up to the $80 level, you will start to see this stock start coming off.


Price:
$11.090
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
No
2014-12-09 SELL Must be logged in to use chart ACQ-T AutoCanada Inc.

This is an acquisition story where they buy up dealerships. A high multiple stock, and a pullback is what tends to happen when there is a slight earnings miss. Also, this is fairly concentrated in Western Canada, so there could be concerns about lower economies in the western provinces. Trades at a very high multiple.


Price:
$45.480
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
No
2014-12-09 COMMENT Must be logged in to use chart AGF.B-T AGF Management (B)

Cut their dividend by 70%, which was a real surprise. Has a lot of cash on the balance sheet to fund the dividend for a number of years.


Price:
$8.280
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
No
2014-12-09 SELL Must be logged in to use chart BBD.B-T Bombardier Inc (B)

Doesn’t see a lot of upside in this company over the next year or 2. The overhang on this name is the C series. It is in flight testing now, and has been delayed a number of times. The company indicated they hope to get it in service in the 2nd half of next year. They are at that period of time for airplane manufacturers where they are burning a lot of cash. On their transportation side, margins have been very slow to recover and they continue to restructure and lay off people there. Doesn’t see a lot of earnings growth for the next couple of years. If you own, consider selling and finding better growth elsewhere.


Price:
$4.040
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
No
2014-12-09 COMMENT Must be logged in to use chart BTE-T Baytex Energy Corp

Cut their dividend and CapX program and the stock was up today 4%-5%. This is a name that had a really high yield, and it is almost a relief that they did this. Doesn’t feel that they necessarily had to do it right now, but feels management just wanted to preserve the balance sheet and give themselves some flexibility.


Price:
$16.900
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
No
2014-12-09 HOLD Must be logged in to use chart CPG-T Crescent Point Energy Corp

Company has said they are not going to cut their dividend and she doesn’t think they have to unless energy prices stay below $60 for a number of years. They have hedged out some of their production, about 60% in the 4th quarter, at $92, and 37% of next year’s production at the same price level. They never cut their dividend, even in the recession of 2008. Management is very cognizant that their shareholder base wants that yield. Yielding around 11%, so the market is indicating they believe otherwise.


Price:
$24.940
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
Yes
2014-12-09 TOP PICK Must be logged in to use chart CSH.UN-T Chartwell Seniors Housing

A seniors’ home operator, and she likes that space because of aging demographics. The seniors population in Canada is going to be growing at a faster rate than the general population over the next 10 years. Also, seniors are living longer and need more care. Before the 2008 recession, occupancy was in the 94%-95% range, and currently is at around 90%. So there is no reason why occupancy can’t improve. A nice place to hide to get the dividend yield of 4.6%.


Price:
$11.730
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
Yes
2014-12-09 DON'T BUY Must be logged in to use chart CVS-N CVS Health

Switch from Abbott Labs (ABT-N) and Johnson & Johnson (JNJ-N) into something more domestically focused? Currencies will be a headwind for multinationals, because they have their revenues come from outside of the US. However, she likes healthcare as a general investment theme and she wouldn’t compare these 2 companies to CVS, which is a Pharmacy Benefits Management (PBM) and a retailer. The other 2 are manufacturers. If you own these latter 2, she would continue to Hold. CVS has done very well, partly on the back of lower energy prices and more spending at drug retail, but thinks it is fully valued.


Price:
$91.250
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
No
2014-12-09 HOLD Must be logged in to use chart GIB.A-T CGI Group (A)

Not expensive. Trading at around 12 or 13 times earnings. The Logica acquisitions they did in Europe a couple of years ago is pretty well integrated now, and the company now is on the lookout for additional acquisitions in order to expand geographically as well as vertically. They do not pay a dividend, but would rather buy back stocks or make acquisitions.


Price:
$41.010
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
Yes
2014-12-09 TOP PICK Must be logged in to use chart GOOGL-Q Google

The leading search engine provider with about an 89% global share. Online advertising is primarily how they generate revenues. Stock has done nothing this year, and is actually down. Part of the problem she thinks is that when you are the big gorilla and you have such a huge share, your share is only going to start to decline over time as more competition comes in, but they haven’t really seen huge competition. Feels there is very strong secular growth in digital advertising and only accounts for 20% of total media spend, and this will increase over time. Google has about 70% share of global internet ad spending. As the whole space grows, they are going to benefit as the overall growth continues.


Price:
$536.110
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
Yes
2014-12-09 PAST TOP PICK Must be logged in to use chart HD-N Home Depot

(A Top Pick Jan 7/14. Up 24.91%.) This was really a play on the US economy. GDP growth is a factor that the company looks at along with housing starts. Housing still has much more room to grow. US housing is quite old with about 60% being about 27 years old. Improving employment means people will spend a bit more. She would wait for it to get into the mid-$90 before buying any more.


Price:
$99.640
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
Yes
2014-12-09 HOLD Must be logged in to use chart JNJ-N Johnson & Johnson

Switch into J.P. Morgan (JPM-N)? This is a very odd comparison as J&J is a blue-chip AAA rated company with a very defensive business model. It has done very well and is just taking a kind of breather right now. She would not be selling it for J.P. Morgan, which is a much more volatile stock and is sensitive to capital markets. Also, their earnings profile is a lot more uneven.


Price:
$108.050
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
Yes
2014-12-09 HOLD Must be logged in to use chart L-T Loblaw Companies Ltd

Stock has done quite well. Liked their Shoppers acquisition. Drug retail is a higher margin business. Loblaw’s is coming off a very capital intensive period, which is largely behind them now. As that ramps down, there is going to be increasing cash flow. Also, the competitive environment in Ontario was quite intense last year, so square footage growth going forward, is going to moderate to the 2%-3% level. With a decline in energy prices, there is a thought that consumers will have a bit more money in their pockets, so they may spend a bit more at the grocer or drugstore. She has a target of around $65.


Price:
$61.080
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
Yes
Showing 1 to 15 of 1,373 entries
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