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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
2015-02-24 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. Stocks at 18X earnings on the S&P 500 sounds expensive, but it’s all about interest rates. Interest rates are low in Canada and it doesn’t look like the US is in any hurry to raise interest rates. That means that anything that drives the cash flow makes that cash flow work even more. He has lots of retired clients that need to live off their portfolios, and they are not paying him a fee plus taxes and inflation, to make 1% on bonds. They would run out of money. If you expect interest rates to stay in a low environment for many, many years, then you want to own dividend and cash flow producing assets. The best assets that he can invest in are stocks. Also, pension funds have to rethink things in order to make their payments so they need to be buying stocks. People are living longer. We all have to ditch our bonds, get rid of our preferred shares, and be in more stocks. This is why the stock market is going up and why he believes the stocks are mispriced. If you believe interest rates are going to stay low, then stocks are roaring cheap.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
_N/A
2015-02-24 DON'T BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Gold. The simple answer on this is “Don’t Buy It”. He has no interest in gold and is not going to buy it.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
No
2015-02-24 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

TFSA accounts? This is a wonderful vehicle. Great for the young investors. If the government lets it continue and lets it grow over time, people are going to have millions of dollars in their TFSAs when they retire.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
_N/A
2015-02-24 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Reset preferred shares? January was not a good month for these. The terrible wrinkle on these is that they were built for a rising rate environment, not a decreasing rate environment. It looks like interest rates are to be cut again. The good news is that they have already taken their hit and if you don’t expect further rate cuts past March, then you can stick with some of them. He wouldn’t Sell, as long as you own good quality preferred shares.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2015-02-24 COMMENT Must be logged in to use chart AAPL-Q Apple

This has become the biggest holding in his portfolio, and he trims back when it becomes 5%-6% of the portfolio. He thinks this is one of the greatest companies in the world and there is still a long runway of growth potential.


Price:
$132.170
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2015-02-24 HOLD Must be logged in to use chart ADN-T Acadian Timber Corp

The reason to own this is if you believe the US housing market is normalizing and will show more growth, the Canadian housing market continues to show good growth along with demand from Asia. He sees potential for these companies to show more growth. The Cdn$ is dropping, which makes the price of lumber more attractive. There is potential for rising dividends. A good place to be.


Price:
$17.450
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2015-02-24 BUY Must be logged in to use chart ALC-T Algoma Central Corp.

Infrastructure is very important and these are long life assets. Shipping is never going to go away and they have ordered a bunch of new ships. Just reported their 4th quarter. Thinks normalized earnings for 2014 were about $1.20 a share and he is looking for $1.30-$1.40 a share in 2015. This is dirt cheap.


Price:
$16.950
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2015-02-24 COMMENT Must be logged in to use chart BAD-T Badger Daylighting

Wishy-washy on the business model. They make the trucks that help with the environment. Have some exposure to oil/gas, which is weighing down a lot of different companies. Dividend yield is attractive. He can’t say anything really positive or negative about the name. They were 1st in the market with the trucks, but that doesn’t mean somebody else can’t come in and compete with them heavily. Yield of 1.3%.


Price:
$24.840
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
No
2015-02-24 BUY Must be logged in to use chart BAM.A-T Brookfield Asset Management (A)

Has held this for decades and he likes the story. Feels management is a bunch of brilliant people, and they are all focused on creating shareholder value because they are shareholders and owners themselves. In this low interest rate environment, pensions, endowments, etc. are looking for alternative assets to get access to, and one of the ways is to co-partner with this company. Raising lots of money to invest in distressed assets and in long life interest structure assets, and he thinks they are going to make a bunch of money. Just raised the dividend 6%.


Price:
$68.670
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2015-02-24 DON'T BUY Must be logged in to use chart BBD.B-T Bombardier Inc (B)

He would not touch this stock. The debt is incredibly high and the profit margins are incredibly low. They are in a credit crunch. (See Top Picks.)


Price:
$2.500
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
No
2015-02-24 BUY on WEAKNESS Must be logged in to use chart CCA-T Cogeco Cable

This has been a phenomenal story. The most important thing is free cash and what the companies do with it. This company is diversifying by getting into networking, data storage, and into other markets. Rogers (RCI.B-T) owns 32% of them and he doesn’t think it is properly reflected in Rogers’ stock price. He would buy more if this sold off.


Price:
$76.300
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
No
2015-02-24 PAST TOP PICK Must be logged in to use chart CGX-T Cineplex Inc

(A Top Pick Feb 5/2014. Up 24.63%.) Movies are still a cheap date and a nice place to take your kids. A lot of seniors go to movies. Last year there were not good movies, but this year everybody is expecting a home run year. So far it has started out very good for them. Every year they raise the price of popcorn. They are diversifying into other areas. Buy on a pullback. There is always potential for it to be taken over. Smart management.


Price:
$49.730
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2015-02-24 SELL Must be logged in to use chart CPG-T Crescent Point Energy Corp

If he owned this kind of company he would get rid of it in a heartbeat. He doesn’t believe these types of companies’ dividends are sustainable nor that their business plans are sustainable at $50 oil. They have no control over the underlying product they sell.


Price:
$31.870
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
No
2015-02-24 COMMENT Must be logged in to use chart DISCB-Q Discovery Communications Inc

A media company in the US. It and the others have really fallen on hard times. The narrative is that the affiliate fees they are getting for cable is going to lessen over time, and new cable channels don’t want to carry them. That is not new news and is already reflected in current prices. There are a lot of smart people involved in these investments. He feels there is going to be some consolidation. Media companies generate so much free cash flow and CapX is minimal. They generate enormous amounts of free cash which they use to buy back stock, make acquisitions and increase dividends. If you are a value investor, this is an area to be looking at.


Price:
$34.900
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
No
2015-02-24 TOP PICK Must be logged in to use chart GOOG-Q Google

One of the best business plans in the world. Advertising is all about a push business. If you want to advertise, you have to spend lots of money, and hopefully people will see it. On the other hand, if people want to look you up, all they have to do is Google you. This is the greatest advertising business model in the world. They make about 95% margin selling keywords. They are using the cash flow to make bets in other areas, which have huge markets such as networking, cable, Google glass, YouTube, etc. They are really under-reporting their earnings because they are investing so much in CapX and R&D. Their earnings would be a lot higher if they weren’t doing that. There is potential for them to start a dividend as well as share buyback.


Price:
$536.090
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
Showing 1 to 15 of 1,292 entries
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