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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 Financial Services


Date Signal Chart Symbol Company Opinion Price
2014-03-27 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. He is finding lots of good ideas and lots of opportunities. Wishes he had more cash. He really doesn’t look at the market; he looks at individual companies and tries to pay less than what they are worth. Market is not as cheap as it was, but you can make data fit it any way you want. At the end of the day, he is a capital allocator and he has to take his clients’ money and either put it in cash, fixed income or stocks. Cash and fixed income are not attractive to him. If a client came in with $1 million to be invested, he would probably put 30% into the US and 70% into Canadian stocks.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
_N/A
2014-03-27 COMMENT Must be logged in to use chart ADN-T Acadian Timber Corp

Got absolutely slammed in 2008-2009 when nobody was ever going to build houses again. He holds this just for yield. Doesn’t expect a lot of growth. This is a multi-year recovery story in housing prices and he thinks the demand for lumber is going to continue unabated.


Price:
$12.900
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Yes
2014-03-27 TOP PICK Must be logged in to use chart AIG-N American International Group

Now paying for past transgressions, but in the mean time it is trading at a deep discount to BV. Insurance is a necessity business and you can’t run a business, own a home or drive a car without insurance. They need to improve their combined ratio, so they are still losing money selling insurance overall, but you are getting paid for it with a long of margin of safety in the discount to BV. Clearly management feels good about this company as they are buying back stock and have just raised the dividend.


Price:
$49.410
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Yes
2014-03-27 BUY Must be logged in to use chart ALC-T Algoma Central Corp.

Moves ships across the Great Lakes. The problem is, it is so cold it is going to be a late start to the season. Didn’t have a good 2013. Management was disappointed in how things went. Lousy start to 2014. Ships should be moving stuff already but they can’t. Assets are terrific. They are improving all the ships. Moving all the right products, grain, iron ore, salt, etc. A wonderful business that you can’t duplicate. Continues to buy this for new clients. Waiting for a bad quarter, and if that happens he will be buying a lot more. Yield of 1.8%.


Price:
$15.260
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Yes
2014-03-27 BUY Must be logged in to use chart BAC-N Bank of America

Great company. Trading at a deep discount to BV. Wells Fargo (WFC-N) and J.P. Morgan (JPM-N) are the gold standards and this one along with Citigroup(C-N) is your next tier. It depends in what type of investor you are. Would have no problem owning this.


Price:
$17.010
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
No
2014-03-27 BUY Must be logged in to use chart BAM.A-T Brookfield Asset Management (A)

He pretty well buys this for all his clients as they walk through the door, depending on the price. Has moved up closer to its NAV, so the opportunity to have huge gains going forward is limited. They continue to do all the right things. What he really likes is their financial management business. They have huge funds and are able to make a nice management fee and charge. Incredibly smart management.


Price:
$43.960
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Yes
2014-03-27 PAST TOP PICK Must be logged in to use chart BBBY-Q Bed Bath & Beyond

(A Top Pick April 18/13. Up 1.46%.) Missed their earnings. Had to close stores. However, the thesis has not changed. He does not sell stocks based on one bad quarter. A wonderful company that generates a lot of free cash flow. Bought back $1 billion worth of stock last year and he thinks this is going to continue.


Price:
$67.410
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Yes
2014-03-27 BUY Must be logged in to use chart BNS-T Bank of Nova Scotia

This is one you can buy and essentially own forever. All the banks are appropriate here and he has no problem buying any of the Canadian banks and holding them for a long-term at these levels.


Price:
$64.220
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Yes
2014-03-27 BUY Must be logged in to use chart C-N CitiGroup

Failed the stress test, but the company is not worse off, it is just not returning capital to you today by raising their dividend. As a long-term investor, he would be buying this today because nothing has changed. It is going to benefit from an improving US economy, improving auto sales, home sales, etc.


Price:
$47.450
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
No
2014-03-27 BUY Must be logged in to use chart DIS-N Walt Disney

A wonderful company. Generating lots of free cash flow. Doing all the right things. Had a huge hit with their movie Frozen and this is now going to be huge franchise. This is a core holding for anybody’s portfolio.


Price:
$78.480
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
No
2014-03-27 PAST TOP PICK Must be logged in to use chart ENR-N Energizer Holdings Inc.

(A Top Pick April 18/13. Up 8.52%.) Manufactures batteries, razors under the Schick brand, suntan lotion, feminine products, etc. Didn’t have a very good 4th quarter and a few analysts slapped it hard. He is even more excited about the stock than he has ever been, because of the valuation. Thinks the dividend is going to go higher. Generates a lot of free cash flow. Trades at a deep discount to GNP.


Price:
$99.400
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Yes
2014-03-27 COMMENT Must be logged in to use chart GIB.A-T CGI Group (A)

Great business. Like a mini IBM annuity style business. They lock themselves into the contract and help businesses out. Sign multiyear deals. Reasonable valuation. Doesn’t meet his criteria for being cheap enough. If you Buy a basket of technology companies in the US, you are going to do much better.


Price:
$33.990
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
No
2014-03-27 PAST TOP PICK Must be logged in to use chart GS-N Goldman Sachs

(A Top Pick April 18/13. Up 18.63%.) A hard company to figure out. It’s complex. He saw that they were generating a reasonable amount of ROE and trading at below BV with a nice earnings growth profile. Thinks it is still way too cheap at this price. Could see it going to 2X BV. There is a lot more upside.


Price:
$162.290
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Yes
2014-03-27 COMMENT Must be logged in to use chart KO-N Coca-Cola Company

Still a lot of money to be made. There are less people drinking carbonated soft drinks and that is why it is spending money to acquire a portion of Green Mountain and to try and get people to brew their own carbonated soft drinks at home. A great business that will continue on for many, many years. Generating an enormous amount of free cash flow. As they continue to retire shares and increase the dividend, people will wake up again to the stock.


Price:
$38.820
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
No
2014-03-27 BUY Must be logged in to use chart KPT-T KP Tissue Inc

This stock has not worked out. It was a recent IPO in 2012-2013. Have been hit by a number of items such as higher pulp prices and higher energy prices. Thinks this is about to reverse coming into 2014. An interesting structure because it is not a company that owns a 15% interest in an operating company and some people are afraid of that structure. Pays a lovely dividend. Sees EBITDA rising over the next couple of years.


Price:
$16.140
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Yes
Showing 1 to 15 of 1,084 entries
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