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
2017-01-12 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  Earnings are expected to grow at a crisp clip this year.  The S&P has not been that cheap for quite some time, but we have gone through an earnings recession ending half way through last year.  Now earnings are going to grow into multiples.  17.5 times earnings will not be so high later.  Multiples may be able to contract sooner in this year.  The Santa Clause Rally that was called the Trump Rally happened when Trump had not addressed details of process regarding his initiatives.  Now markets are taking a breather, waiting for this.  Growth will translate into dividend growth this year.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
_N/A
2017-01-12 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Gold.  He would not handicap gold to just performing in 2017.  It has been in decline for several years, but now you have the opportunity for gold to be in the sweet spot.  People might get scared of what markets are going to do, or people may believe there really is inflationary pressure in the system.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
_N/A
2017-01-12 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Why is oil going up and some oil stocks going down?  Sometimes it is the balance sheet of the company that is driving the stock price.  The crude market itself may not be enough to drive the company.  People may be looking at infrastructure growth and so on.  Oil price is only one component for the overall stock price.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Unknown
2017-01-12 BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Gold – Should it be in the portfolio?  Yes.  It is an inflation hedge.  This was a non-issue for years.  Now you are seeing wage inflation and general inflation is getting into the system.  Gold can hedge against these pressures.  AEM-T has probably one of the best management teams out there.  They may have the benefit of the doubt already, but G-T probably has an opportunity to get a return above that from just gold.  Gold will peak in about 1.5 year’s time.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Unknown
2017-01-12 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

If you are not 100% certain that one of two stocks in a sector is better than the other then get half of both positions and think of them as one position.  After a couple of months you may realize that the behavior of the two stocks are different.  One may have more catalysts or is recognized more and then you may decide to go with the winner from there. 


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
_N/A
2017-01-12 COMMENT Must be logged in to use chart AMD-Q Advanced Micro Devices

Chip Maker.  You need to look at it as the inputs to secular growth trends like virtual reality, drones, and many others.  You need to be careful of international trade policy revisions.  You may prefer Intel as safer and get a half position in that as well.


Price:
$10.760
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Unknown
2017-01-12 BUY on WEAKNESS Must be logged in to use chart ARE-T Aecon Group Inc

When they reported Q3 results there were several disappointments, mainly due to operations in Western Canada.  When we finally get some real infrastructure spending, that should really benefit them.  He would buy under $14 and sell above $17.


Price:
$14.950
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Unknown
2017-01-12 TOP PICK Must be logged in to use chart BAC-N Bank of America

He sees more upside.  There are several reasons to like it.  The chart is scary.  He is recommending it here.  It stands to benefit after being handcuffed for nearly 10 years.  They have gone the extra mile to streamline their product line up and reduce costs.  They are going to benefit from being a more streamlined operator.  They will get the tail wind of higher interest rates.  (Analysts’ Target: $23.81).


Price:
$22.920
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2017-01-12 WEAK BUY Must be logged in to use chart BCE-T BCE Inc.

T-T Vs. BCE-T.  It is West vs. East.  He had to decide when to move toward growth.  That means getting rid of some of the steady eddies.  He owns none of the telecoms right now.  Multiples are extremely high.  T-T ranks number 1 with customer service and the ability to generate cash flow.  Both are great dividend growth companies.


Price:
$58.110
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
No
2017-01-12 COMMENT Must be logged in to use chart CM-T Canadian Imperial Bank of Commerce

They were downgraded because of worries in the housing markets.  The risks are that they are predominantly the Canadian housing lender and winning market share from peers.  They have reinvented themselves.  There are also concerns about the Canadian housing market.  Multiples for all the Canadian banks are low in absolute terms, but high is historical terms.  They might grow in terms of dividend growth, but may have headwinds that their peers who are in the US don’t have as much.


Price:
$110.850
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Unknown
2017-01-12 BUY Must be logged in to use chart CTC.A-T Canadian Tire Corporation Ltd. (A)

They are very unique in that they are in the retail space, but they are able to get their inventory cycled through the system and out to the public so quickly.  They always have a constant flow of heavily discounted items that continue to flow through.  Along with pairing with Markets that certainly helps them to cultivate a home grown brand of themselves.  You are always going to need to buy windshield washer fluid and other auto parts. 


Price:
$142.450
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Unknown
2017-01-12 PAST TOP PICK Must be logged in to use chart GIL-T Gildan Activewear Inc.

(Top Pick Feb 25/16, Down 3.34%) He got a small profit out of this one.  They are a great low cost operator.  But they did not get any traction so he moved on.  They are now acquiring American Apparel’s distribution assets.


Price:
$32.700
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
No
2017-01-12 DON'T BUY Must be logged in to use chart HBC-T Hudson Bay Co.

Consumer discretionary is not an area he wants to be overweight in. HBC-T had a good run and good pull back. He wonders what the prospects are to generate cash flow, despite Saks and new brands they have aquired.  A US consumer is in far better shape than a Canadian consumer.  A lot of volume has moved on to on-line purchases.  The ability to reinvest and to get people out there is so much more challenging.  This is a value trap.  Department stores are in a long term cyclical decline.


Price:
$9.080
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Unknown
2017-01-12 BUY on WEAKNESS Must be logged in to use chart JNJ-N Johnson & Johnson

A great unique company and business model.  Pharma and personal care consumer businesses.  If you built a position at these levels you probably won’t regret it.  It will be akin to US GDP growth.  It will not be in the cross hairs of any pharma policy changes.


Price:
$114.620
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Unknown
2017-01-12 BUY on WEAKNESS Must be logged in to use chart KR-N Kroger Co.

He has a small position because it is one of the top market share grocers in the US.  They have their organic line, private label, as a catalyst for growth.  This could help propel margin expansion.  Find it in the low $30s or below.  There may be some fund flows out of this stock in some funds and this would create an opportunity.


Price:
$33.520
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
Showing 1 to 15 of 348 entries
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