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

Viewing Expert

Mohsin Bashir , VP

Stone Asset Management

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Date Signal Chart Symbol Company Opinion Price
2016-02-25 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  The US market is holding up a lot better than the rest of the world.  The MSCI has shown the rest of the world to be in a bear market.  The US indicates have not dropped enough to be considered in a bear market.  There could be room for further downside, but it is not a reason to stay out of the US.  You should sharpen your pencils.  The Fed has concluded the QE program and started the move back to normalized interest rates.  We are still operating in the wake of the great recession.  Canada is still subject to the huge disequilibrium in the price of oil.  We are at the mercy of being price takers in the oil market.  It is going to be a challenging environment for Canada to replace energy with manufacturing.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
_N/A
2016-02-25 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Sector allocation.  Canada is very challenged.  China is in the process of transformation.  Europe is 2 to 3 years behind the US in their process of economic recovery.  The US is one of the best poised economies in the world to survive.  You want to be diversified across Europe, the US and Canada.  Be defensive at the Canadian sector level.  Equal weight in Telcom and in the Consumer businesses that can withstand the storm.  Utilities, also.  Look for business with steady cash flow and an angle for weathering the storm. 


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
_N/A
2016-02-25 BUY Must be logged in to use chart BAM.A-T Brookfield Asset Management (A)

It is the poster child business for a dividend growth portfolio.  They have a habit of growing the dividend.  They just announced purchase of a US property.  They have a high degree of discipline in their quality management.  Look to enter below $40.


Price:
$41.880
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2016-02-25 PAST TOP PICK Must be logged in to use chart CRI-N Carter's Inc

(Top Pick Mar 18/15, Up 6.73%) Every household with kids shop for this brand of clothing.  They supply a lot of discount retailers under different names.  The expansion into Canada is hampered by the currency.  They are expanding into China who now has a two child per family allowance. 


Price:
$99.440
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2016-02-25 COMMENT Must be logged in to use chart CSCO-Q Cisco

It is in the same zone as mature tech companies.  It is a more senior business, but is not rewarded the same way as smaller businesses.  He believes this business is essential for the backhaul business.  They have to be competitive in their pricing so there is going to be margin compression and they will continue to not be able to jack up the dividend aggressively.  He would prefer a bank in terms of the dividend.


Price:
$26.600
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2016-02-25 BUY Must be logged in to use chart CVS-N CVS Health Corp

You want exposure in the US to healthcare.  This one is the best one in the space.  Those that can generate top line growth are being rewarded.  This one has a sustaining factor.  They are tied to the consumer and are taking market share from competitors.


Price:
$98.400
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2016-02-25 HOLD Must be logged in to use chart ECA-T Encana Corp

They reported their results and slashed their dividend, but also announced streamlining their business.  In this environment no one will be penalized considerably for making downward adjustments to their dividend.  It was the right decision for them to make.  This business is making the adjustments they have to make to survive in this environment.  Management is doing the right things.


Price:
$5.080
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2016-02-25 BUY on WEAKNESS Must be logged in to use chart ENF-T Enbridge Income Fund Holdings

He owns the parent business.  If you want a regular stream of income, this is an ideal candidate for the long term.  It is butting up against a support level.  Pick away at this one.


Price:
$27.060
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2016-02-25 BUY on WEAKNESS Must be logged in to use chart FB-Q Facebook

It does not pay a dividend so he does not hold it.  If you want to own a business that is exposed to how society is changing, this is one of those companies.  This is the ideal virtual real estate to operate in.  FB-O is essentially a toll collector for the entrepreneur.  He believes there is a support level at $74 so buy there.


Price:
$108.070
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2016-02-25 BUY Must be logged in to use chart FTS-T Fortis Inc.

They will be huge in the transmission of electricity.  Canada has its population focused so it is good to see them diversifying into the US.   The market was jittery about their recent purchase, but he thinks it will be good or them.


Price:
$38.420
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2016-02-25 WEAK BUY Must be logged in to use chart G-T Goldcorp Inc

He owns no gold at the moment.  He uses it as an inflation hedge.  People are going to gold as a fear trade.  It has nothing to do with inflation.  If he owned a gold company, this would be one of the top choices. 


Price:
$21.540
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2016-02-25 TOP PICK Must be logged in to use chart GIL-T Gildan Activewear Inc.

A global play on T-shirts.  Low input costs are a driver for the business due to low cotton prices.  They have reduced their own overhead cost of production. 


Price:
$34.230
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2016-02-25 TOP PICK Must be logged in to use chart MFC-T Manulife Financial

He has watched it for a long time.  Over the last three years the insurance businesses had one more point in multiple than banks.  The multiple is now below the banks and below 0.8 times book value.  Headwinds are priced into it now.  They will benefit from the US economy.


Price:
$17.530
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2016-02-25 BUY Must be logged in to use chart MNST-Q Monster Beverage Corp

This is a different type of a business from what he would invest in.  He owns Coke and it owns a fair chunk.  Monster has strategic assets and it could be the catalyst for Coke taking it out. 


Price:
$133.110
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2016-02-25 BUY on WEAKNESS Must be logged in to use chart MS-N Morgan Stanley

The bigger the fall the bigger the bounce.  It may not be a perfect ‘V’ shape and may take more time to recover.  It came down with a lot of other US banks.  Over the long term, you are probably in an area to start picking away.  Try to do so at a support level (low $20s).


Price:
$24.630
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
Showing 1 to 15 of 273 entries
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