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

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Barry Schwartz , V.P. & 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
2014-12-01 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. The 2 surprises for him for the year are 1) the drop in oil prices and 2) the drop in interest rates. It is always best to not speculate and to never use leverage. The good news is that those who sidestepped commodities in their portfolios and those who purchased US stocks have done well. He sees low interest rates are going to make businesses spend more money; do M&A and all the great things that started this year. With low energy prices, consumers have more money to go out and spend. The table is set for another record year of corporate profits in 2015. As a value investor, he is seeing some reasonable valuations out there. He has no trouble buying stocks and filling portfolios, but is cognizant of the fact that things are not as attractive as they were a year or 2 ago. However, the economy has improved and you can’t have a good outlook and good prices. Those 2 things don’t go together.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
_N/A
2014-12-01 PAST TOP PICK Must be logged in to use chart AAPL-Q Apple

(A Top Pick Nov 28/13. Up 47.9%.) This is the biggest holding for his clients, and it is still a Buy. He takes out the cash and looks at what it is going to earn and wonders why he is paying a discount price for a premium company. It should trade at 20X earnings. Thinks it could be a $200 stock.


Price:
$115.070
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-12-01 TOP PICK Must be logged in to use chart ALC-T Algoma Central Corp.

They will have spent $500 million by 2016 replacing their ship vessels and are going to have one of the youngest fleets in the world. This company is going to have better ships, more fuel efficient and will be able to load faster. He sees earnings, probably by the end of next year, getting up to a normalized $1.50 a share. You are only paying 10-11 times earnings. Also, have other assets that they can unlock, including about $100 million of real estate. Yield of 1.74%.


Price:
$16.100
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-12-01 COMMENT Must be logged in to use chart BAC-N Bank of America

Had looked at this a few years ago, but decided to go with J.P. Morgan (JPM-N) instead. Probably would have done better with this one, but found comfort and safety with J.P. Morgan’s balance sheet, rising dividend and its share buyback. Feels this one has more torque and more leverage, if things are going to improve. A wildcard is rising interest rates.


Price:
$16.790
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2014-12-01 COMMENT Must be logged in to use chart BAM-N Brookfield Asset Management Inc.

They get the management fees from their sub- companies, and they are planning to grow those companies at a dramatic rate. If they do, you are going to see a big, big move up over time. What is not being properly valued in the stock are the management fees and the carried interest. Wonderful business. Big, big backlog of projects.


Price:
$49.800
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-12-01 COMMENT Must be logged in to use chart BIP-N Brookfield Infrastructure LP

This is a partnership rather than a company. This is terrific for income. Made a smart acquisition in France where they bought some telecom infrastructure. They are diversifying and trying to get less reliant on commodity markets. He sees the income growing and a very stable type business.


Price:
$41.700
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-12-01 COMMENT Must be logged in to use chart CBI-N Chicago Bridge & Iron Co.

Even though Warren Buffett took a big position in this company, he has had too many bad experiences with cost overruns and bad accounting. Has no interest in going back into the sector. There was a downgrade on the stock today. It has a lot of leverage and exposure to energy markets and LNG.


Price:
$47.130
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2014-12-01 COMMENT Must be logged in to use chart CNQ-T Canadian Natural Rsrcs

Canadian Natural Resources (CNQ-T) or Suncor (SU-T)? If you look at their cash flows, both companies are going to be fine at $70 oil. Slashed their growth budgets, but they will make it. He likes both of them.


Price:
$38.410
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-12-01 DON'T BUY Must be logged in to use chart COS-T Canadian Oil Sands

He does not want to be in companies that are paying out more than what they are taking in. This is one of them. If oil stays at around $70 or goes lower, they are going to have to slash the dividend. Prefers to stick with the conservative ideas.


Price:
$13.800
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2014-12-01 DON'T BUY Must be logged in to use chart CPG-T Crescent Point Energy Corp

He is scared of companies that have high dividends, and where shareholders are dependent on the dividends. When you combine a commodity price, a lot of leverage and a lot of volatility, this is an accident waiting to happen.


Price:
$28.590
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2014-12-01 COMMENT Must be logged in to use chart CSX-N CSX Corp

This has the least exposure to oil. There was a rocket ship tied to the rails’ backs as oil prices went higher. They were richly priced and priced to perfection. Believes the US and Canadian economy are going to improve, and these are very fuel-efficient type businesses. Also, very generous in returning capital to shareholders.


Price:
$35.060
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-12-01 DON'T BUY Must be logged in to use chart DOL-T Dollarama Inc.

He never pays retail prices, and this company’s valuations are retail prices. 25 times for this year’s earnings is insane. Either he’s wrong and the company grows into its multiples or he is right and the company is worth only 15X earnings. Doesn’t see any moat here. He sees a company that was 1st to market and had taken advantage of an arbitrage opportunity. Doesn’t understand why the US guys haven’t come in and slaughtered this company.


Price:
$53.360
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2014-12-01 PAST TOP PICK Must be logged in to use chart DTV-Q DirectTV Group

(A Top Pick Nov 28/13. Up 32.7%.) Being taken over by AT&T (T-N), which made an offer of $95 a share. There is a 12 month regulatory closing and there is some risk that the deal could not close. He is holding on.


Price:
$87.730
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-12-01 COMMENT Must be logged in to use chart GE-N General Electric

A great company and there is nothing wrong with it. Has been kind of grinding higher over the past few years. However, there are so many moving parts that you never know what is going to cause the issue this year. A lot of leverage to energy and power markets. Too hard for him to figure out.


Price:
$26.020
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2014-12-01 COMMENT Must be logged in to use chart GLN-T Glentel Inc.

They have an offer from Bell (BCE-T) at $26.50. If he owned it, he would not be taking a capital gain, but would be rolling over into Bell.


Price:
$25.330
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
Showing 1 to 15 of 1,246 entries
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