Viewing Expert Barry Schwartz | StockChase
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Compiling comments that experts make about stocks while on public TV.

Viewing Expert

Barry Schwartz , CIO & Portfolio Manager

Baskin Wealth Management

Bio:

Barry joined the firm in 2000 and became a partner in 2005. He spearheads the research on new investment opportunities and carefully monitors current ones. Barry is also a frequent commentator on the markets on national television, radio and in the press, and he provides insightful editorials regularly on Twitter and on the Baskin Wealth Management blog. - See more at: http://www.baskinwealth.com/our-team/#sthash.tEQaU4hG.dpuf

Date Signal Chart Symbol Company Opinion Price
2016-12-20 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market.The Dow is almost at $20,000, and he can almost guarantee it will get there. However, it is just a number and the Dow is a pretty lousy index. The highest price stocks are the ones that move and have the most influence on the Dow. Goldman Sachs (GS-N), which has done nothing until a few weeks ago, is the highest priced stock on the Dow, while one of his favourite stocks, Visa (V-N), has done nothing this year. The Dow is a collection of very good companies, but price movement doesn’t tell you very much. More importantly is the market capitalization weighted index, the S&P 500, companies based upon the size and shares outstanding multiplied by price. You want to have a portfolio of uncorrelated stocks so that things don’t kill you when the marketplace goes down. A lot of people are betting on interest rates going up, inflation and material and commodity prices going up, so people are betting on those interest sensitive companies. If they are wrong, they are going to be in for a world of hurt. They are selling the interest sensitive names like REITs, utilities and pipelines. The best approach is to have a diversified portfolio of your best companies. If interest rates go up, maybe some will do well and maybe some won’t, but over the long-term, (2-5 years), it shouldn’t mean a thing if you own good quality names. 3 out of 4 years, the market goes higher. He always wants to position his clients for the long-term.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
_N/A
2016-12-20 BUY Must be logged in to use chart AAPL-Q Apple

(Market Call Minute.) Very attractively priced.


Price:
$116.950
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2016-12-20 HOLD Must be logged in to use chart BBU.UN-T Brookfield Business Partners LP

You probably shown own anything with a Brookfield name. The team at Brookfield are such shrewd operators. This one is an interesting collection of assets. Construction, private equity, etc. Very hard to analyse. There is an incentive play on this stock. If the stock stays above $25 a share, the Brookfield asset management team collects a higher incentive fee, so he thinks this is incentivized properly to get the stock price higher.


Price:
$35.000
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2016-12-20 PAST TOP PICK Must be logged in to use chart BIP.UN-T Brookfield Infrastucture Partners

(A Top Pick Jan 28/16. Up 43%.) They’ve been very active in 2016. Have been buying toll roads, cell towers, as well as cell towers in Brazil. There was an 11% distribution increase in 2016, and probably should expect more in 2017. Pretty much the only infrastructure company you can buy in Canada, with such diversified assets. Not cheap, but there is a moat around that kind of business. The scarcity value of the assets make it attractive. He would look to buy this on pullbacks.


Price:
$44.450
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2016-12-20 COMMENT Must be logged in to use chart CAR.UN-T Canadian Apartment Properties

H&R Reit (HR.UN-T) or Canadian Apartment Properties (CAR.UN-T)?On REITs, it is not the front-page story that kills you, but the story you don’t know that kills you. Everybody knows interest rates are probably going to go up, which may already be priced into some. A lot of them benefit from rising interest rates because it means the economy is improving. These are 2 of the best along with RioCan (REI.UN-T). These are great investments, but are not his best investment idea. If he had a list of 30 stocks, 29 and 30 would be a REIT. You don’t get a lot of dividend increases or capital appreciation. You own them for the income. A younger person’s portfolio should not have a REIT.


Price:
$30.480
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2016-12-20 PAST TOP PICK Must be logged in to use chart CGX-T Cineplex Inc

(A Top Pick Jan 28/16. Up 9.26%.) Looks like 2016 movies are going to be on par with those of 2015, and it looks like 2017 is going to be even better. He likes their capital allocation. They are diversifying out of movies. They’ve now got the Rec Room, digital signage, videogame competition, and are now one of the biggest providers of gaming units for other companies.


Price:
$51.040
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2016-12-20 BUY Must be logged in to use chart CVS-N CVS Health Corp

He is all over the healthcare sector right now. They remind him of the US financials 2-3 years ago. Everybody hated them, too much regulation, etc., etc. It might get worse before it gets better. If you have a 2 to 4 year timeframe, it is now time to look at a number of healthcare names. He likes this one as well as Express Scripts (ESRX-Q), Zimmer Biomet (ZBH-N), etc. Very cheap valuation.


Price:
$79.840
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2016-12-20 COMMENT Must be logged in to use chart DIS-N Walt Disney

A few months ago, every analyst came out and said this company was finished. That was followed by a good quarter where they gave very nice guidance going forward, and that ESPN was not a problem. Now everybody likes the stock again. One of the most fabulously run companies. They have wonderful assets and are very smart guys. Bob Iger will probably retire next year, which will create some problems. You aren’t paying very much for the stock. The company has to make some smart acquisitions going forward to make sure that it is on the right side of the media trend.


Price:
$105.460
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2016-12-20 COMMENT Must be logged in to use chart DOL-T Dollarama Inc.

(Market Call Minute.) This is not one for him. Too expensive on valuation. Insiders dumped a big share today.


Price:
$97.480
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2016-12-20 COMMENT Must be logged in to use chart EMP.A-T Empire Company (A)

The road ahead is uncertain. This is a disaster to say the least. We don’t know what is going to happen, but thinks that the issues are fixable. They are trying to transform their business into a low-cost provider of food. Sales aren’t that bad, and that will continue until Alberta turns around.


Price:
$15.280
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2016-12-20 COMMENT Must be logged in to use chart FB-Q Facebook

(Market Call Minute.) This is not for him. Too expensive.


Price:
$119.090
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2016-12-20 COMMENT Must be logged in to use chart FFH-T Fairfax Financial

(Market Call Minute.) He is with Prem Watsa. Better days lay ahead for the stock market as well as the US economy. If Prem is making moves to take advantage of that, you probably should buy.


Price:
$635.000
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2016-12-20 BUY on WEAKNESS Must be logged in to use chart FTS-T Fortis Inc.

Interest rates may already be priced into this. We know that at some time rates are going to go up and make utilities and REITs less attractive. At the end of the day however, this has a lot of growth projects in the hopper. Also, don’t forget, this is a regulated utility. As bond rates rise, they are allowed to go back to the regulated board and ask for higher returns on capital, which means they can increase their pricing. Feels the best years are behind this company, but you probably can still earn an outsized return owning this, versus a bond, cash or preferred shares. He would definitely hold this or buy on dips.


Price:
$40.600
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2016-12-20 SELL Must be logged in to use chart HBC-T Hudson Bay Co.

(Market Call Minute.) This is not a name he would buy for his clients. Sales are nowhere to be seen. The real estate may be worth a lot more, but at the end of the day, it doesn’t seem to want to unlock it.


Price:
$13.410
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2016-12-20 BUY Must be logged in to use chart HLF-T High Liner Foods

(Market Call Minute.) Even though the price has come off a lot, it has still been a good performer this year. He thinks there are better times ahead. The balance sheet is improving.


Price:
$19.920
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
Showing 1 to 15 of 1,651 entries
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