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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
2015-06-15 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. All his clients have moved up into equities, because the alternatives are pathetic. Investments for his clients are in stocks, bonds or cash, and no client is going to pay him a fee to sit in cash to get guaranteed negative returns. The only alternatives are stocks and bonds, and bonds pay a pathetic rate of return, and many of them are negative on a real basis. He is sticking with dividend paying companies, and so far so good. Currently he is invested 60% Canadian and 40% US. You have to own good quality companies. You don’t know what stocks are going to do and you don’t know what interest rates are going to do, so you have to own a bunch of different types of companies that will benefit if different things happen.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
_N/A
2015-06-15 DON'T BUY Must be logged in to use chart BAC-N Bank of America

He prefers J.P. Morgan (JPM-N) or Wells Fargo (WFC-N). This bank has been a real stinker in terms of the amount of legal costs it has had to pay comparatively, the amount of trouble it got into and the fact that it is still not paying a reasonable dividend.


Price:
$17.470
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2015-06-15 BUY Must be logged in to use chart BAM.A-T Brookfield Asset Management (A)

This has come off a little. They did an equity issue a couple of months ago, which was not well received. Trading slightly higher than what he thinks NAV is, but they have a great collection of assets. You can add to this on any meaningful pullback, like now.


Price:
$43.130
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2015-06-15 BUY Must be logged in to use chart BIN-T Progressive Waste Solutions Inc

They continue to merge and acquire new companies and make acquisitions in the US. Recently sold off an underperforming division. The focus for them is cost-cutting now. New trucks can be run by one operator and are natural gas operated and automated. As long as the US economy grows in the 2%-3% range, he thinks they will do fine.


Price:
$34.040
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2015-06-15 BUY Must be logged in to use chart BNS-T Bank of Nova Scotia

This has materially underperformed the other banks since 2004. They have also underperformed on the international sector, but that is cyclical and temporary. When that comes back, you could see this bank take the lead again.


Price:
$66.000
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2015-06-15 TOP PICK Must be logged in to use chart CGX-T Cineplex Inc

An analyst downgraded this and the stock cratered. Jurassic Park gave them a record box office this weekend. The box office in the US is the highest it has been year-to-date for the past 5 years. They are using their significant free cash flow to get into a new line of business. Do a great job of raising the prices and making people pay more for the concession food. Dividend yield of 3.27%.


Price:
$47.800
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2015-06-15 HOLD Must be logged in to use chart CRR.UN-T Crombie Real Estate Investment Trust

This was spun off by Empire (EMP.A-T), and it owns a majority of Sobey’s strip mall plazas. It used to be Atlantic Canada only, but continues to get more exposure across Canada. Has owned this for a long time. You own these to get the yield as a substitute for income.


Price:
$12.440
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2015-06-15 DON'T BUY Must be logged in to use chart CTC.A-T Canadian Tire Corporation Ltd. (A)

Screens quite well on a valuation standpoint. They are doing all the right things. He likes that they are doing a meaningful share buyback. The Sports Chek acquisition was a wonderful one. Thinks they have wrung out all the best parts of the company. If the family does not cash out, it is going to be a slow grind from here.


Price:
$132.300
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2015-06-15 BUY Must be logged in to use chart CU-T Canadian Utilities

Very well-managed with an extremely long track record of dividend increases every single year. They are spending $5-$6 billion on new investments in Alberta and Western Canada. This has suffered from concerns about a possible new tax regime and concerns about shutting down coal power plants. Valuation is very attractive compared to others. He sees an outburst of growth going forward. Below $40 is an absolute terrific buy.


Price:
$35.510
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Unknown
2015-06-15 COMMENT Must be logged in to use chart CWB-T Canadian Western Bank

This has really underperformed because of their exposure to Alberta, although he doesn’t know if that is fair. Have raised their dividend. Probably worth another look. A good one for the long-term. (He owns some of their preferred shares and some of their fixed income.)


Price:
$27.870
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2015-06-15 PAST TOP PICK Must be logged in to use chart GM-N General Motors Corporation

(A Top Pick July 3/14. Down 2.69%.) The recall hit them, which slapped the stock down. Still thinks this is going to be the breakout year in terms of earnings. Not expensive.


Price:
$35.460
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2015-06-15 COMMENT Must be logged in to use chart HLF-T High Liner Foods

There are a lot of takeovers in the food industry, and this can be taken over in a second if it wanted to, but they don’t want to do that. They want to continue to grow and expand their reach in Canada and the US. Organic growth has been lacklustre, but with the improving US economy, this will hopefully spill over. Generates a lot of free cash flow. Planning to pay down debt this year, and could be in a position to make another big acquisition by the end of the year. Only trading at 11X next year’s earnings.


Price:
$21.550
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2015-06-15 COMMENT Must be logged in to use chart MG-T Magna Int'l. (A)

They have a relationship with all the car companies. As long as there are more car sales…. Valuation is just as cheap as when he bought it a few years ago. You have to believe that car sales are going to continue.


Price:
$71.220
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2015-06-15 PAST TOP PICK Must be logged in to use chart POW-T Power Corp

(A Top Pick July 3/14. Up 12.3%.) Had been looking for a return to dividend increases since 2009, which has finally come about. Still very cheap. Trading at a discount to NAV.


Price:
$32.720
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2015-06-15 COMMENT Must be logged in to use chart QSR-T Restaurent Brands International

The valuation of 30X earnings is extremely expensive. A lot of things have to go right to justify the current stock price compared to the earnings. Has a lot of debt.


Price:
$46.480
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
Showing 1 to 15 of 1,369 entries
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