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
2016-06-21 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. Thinks this is going to be a cruel summer. There are so many events that have yet to transpire over the balance of the year. We have Brexit in 2 days, further announcements from the US Fed, China is slowing down, and Japanese currency issues. All these things are reason enough to have some level of anxiety going into the summer. Rather than “Sell in May and go away”, it may be more appropriate to Sell in May, but stick around in case there is added volatility that creates opportunities. Accessed information is so much more ubiquitous now, so the level of volatility the market reflects as a result of these added benefits of information create a lot more swings in terms of sentiment. Thinks the markets are a little expensive right now. Trading at 17X 2016 earnings, and if you push that out further by a year, it is still 16X on a PE basis. That is not very rich, but not very cheap either. With added volatility thrown into the mix, there are brief moments when companies are cheap enough for you to be able to pull the trigger.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
_N/A
2016-06-21 COMMENT Must be logged in to use chart AAPL-Q Apple

A bit conflicted on this. It is a business that is finding its way into being a mature technology company. Most mature technology companies don’t get attributed with a very high multiple on a PE basis. They have oodles of cash on their balance sheet. Have started a program of paying a dividend and increasing it. However, what is lacking is their ability to innovate the way they once did. You’ll probably have to be patient with this. Prefers others.


Price:
$95.910
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Unknown
2016-06-21 COMMENT Must be logged in to use chart ABX-T Barrick Gold

Gold. We are in an environment of currency wars, and as long as there is lesser confidence in the US currency appreciating, that means there is money going towards gold. The deferral of rising interest rates means that the US$ remains depressed for a longer period of time. Because of that, gold gets a significant lift. That can continue, because there always seems to be some excuse to not move on rates. He owns a different gold stock.


Price:
$24.540
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2016-06-21 BUY on WEAKNESS Must be logged in to use chart ARE-T Aecon Group Inc

Sell Crombie (CRR.UN-T) and buy Aecon (ARE-T)? REITs have had a long time to be able to move higher and higher in terms of valuations. Probably not a bad time to be making a switch, but be careful of moving to Aecon because it has also moved considerably. You probably want to Buy this under $15, where the PE is about 14.3X on a forward earnings basis. This is going to be a direct beneficiary of infrastructure spending in Canada.


Price:
$17.550
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Unknown
2016-06-21 PARTIAL SELL Must be logged in to use chart CAG-N ConAgra Foods

Thinks they have done all the right things with the acquisitions they have been making and their focus. It is all ceramic strategic assets. Within the food business, there is a secular push towards people wanting to lead healthier lives. If you own, consider taking some profits.


Price:
$47.460
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2016-06-21 BUY Must be logged in to use chart CLR-T Clearwater Seafoods Inc.

(Market Call Minute.)


Price:
$13.930
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Unknown
2016-06-21 HOLD Must be logged in to use chart CP-T Canadian Pacific Rail

(Market Call Minute.) Freight rate volumes are down 8% year-over-year, so you want to be careful.


Price:
$159.300
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Unknown
2016-06-21 COMMENT Must be logged in to use chart CRR.UN-T Crombie Real Estate Investment Trust

Sell Crombie (CRR.UN-T) and buy Aecon (ARE-T)? A well-managed business, but REITs have had a long time to be able to move higher and higher in terms of valuations. Probably not a bad time to be making a switch, but be careful of moving to Aecon because it has also moved considerably. 


Price:
$15.200
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Unknown
2016-06-21 COMMENT Must be logged in to use chart CXR-T Concordia Healthcare

It is not fair, but this company moves in lockstep with Valeant Pharmaceuticals (VRX-T), and is a very different company. Have about 60 new products coming on stream that specialize in particular treatments, that don’t have a whole lot of widespread diseases, but very acute and very specific ones. Trading ultra, ultra cheap, at about 5X on a cash flow basis. Over the long-term it could possibly be a takeover target. The biggest “if” and the biggest “risk” is the amount of debt they have on the balance sheet. Their recent acquisition of AMCo of about $2 billion, took their net debt to EBITDA ratio to 20X.


Price:
$29.600
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2016-06-21 PAST TOP PICK Must be logged in to use chart DH-T DH Corporation

(A Top Pick Sept 18/15. Down 17.75%.) Recently there was a hedge fund that had a Short position, and came out with a bad report on their accounting practices. He exited his position at about $34.50.


Price:
$32.240
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2016-06-21 BUY Must be logged in to use chart FB-Q Facebook

(Market Call Minute.) You have to close your eyes and hold your nose and not look at the valuation. This is strategic virtual real estate that you are buying.


Price:
$114.380
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Unknown
2016-06-21 HOLD Must be logged in to use chart FIH.U-T Fairfax India Holdings Corp

(Market Call Minute.) He would prefer owning the parent company of Fairfax Holdings.


Price:
$10.660
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Unknown
2016-06-21 TOP PICK Must be logged in to use chart KR-N Kroger Co.

They are across all the US and are the largest market share in terms of business that also has a niche play into affordable organic foods, which was only launched 2 years ago, but represents $1.2 billion of their annual sales. They recently made an $800 million acquisition and got 24 new grocery store locations, giving them access to Wisconsin and the Mariano’s name in Chicago. They are #2 in terms of market share, 2nd only to Walmart. Dividend yield of 1.22%.


Price:
$34.470
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2016-06-21 COMMENT Must be logged in to use chart L-T Loblaw Companies Ltd

Thinks that there is growth in this stock. It speaks to management of being very strategic about the assets that they are buying, such as Shoppers. This is going to be slow and steady growth.


Price:
$69.090
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Unknown
2016-06-21 PAST TOP PICK Must be logged in to use chart MDT-N Medtronic Inc

(A Top Pick Sept 18/15. Up 22.15%.) Their merger with Covidien has worked out well, and they successfully moved their headquarters to Ireland. There continues to be hefty chunks of cash flow that can be used for tuck in acquisitions or further dividend increases down the road.


Price:
$84.590
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
Showing 1 to 15 of 298 entries
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