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 Investments

Stone Asset Management

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Date Signal Chart Symbol Company Opinion Price
2017-04-27 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  There is no shortage of things to look at in this market this week, especially in the US and that is where he is paying the most attention.  All markets are saying the same thing.  It is not cheap.  It is tough for that to have any relevance because we are undertaking one of the most elaborate global monitory policy experiments in history.  Eventually we will hit recession.  It is important to be watching the economic data points.  The number one geopolitical threat is NAFTA.  We have to bear in mind that if there is any military activity in Asian we have to be mindful as to what the impact will be on commodities.  The home Capital situation raises questions.  Who takes on the risk for the home mortgage market?  The banks will be very careful of taking more risk on their books.  Default rates so far are very low.  Banks were down in 2016 due to oil and gas loan books and we saw how that played out.  He has difficulty in taking a risk in HCG-T.  Some investors are shorting Canadian banks because of HCG-T risks, but he sees this as a buying opportunity. However, be careful that they are at the top of their range.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2017-04-27 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Boarder adjustment taxes.  It is early days.  There is a high probability of there being all kinds of negotiating tactics:  Softwood lumber tariff – automotive – diary.  You can’t reduce everything.  If you were risk adverse, you would go toward businesses that were well insulated: businesses that are operating in the US.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2017-04-27 BUY on WEAKNESS Must be logged in to use chart AAPL-Q Apple

A myriad of multinational companies with off shore cash would be huge beneficiaries of the opportunity to repatriate cash.  He does not view Apple as a tech company, but as a consumer discretionary company.  This is one of highest weights on the NASDAQ.  There is probably room for continued dividend growth.  It would be a beneficiary of more relaxed regulatory action in the US.


Price:
$143.790
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2017-04-27 TOP PICK Must be logged in to use chart ALA-T Altagas Ltd

It is painted with the same brush as the rest of the group.  Their recent acquisition in WGL Holdings ups their exposure to power and electricity and the greater consistency of cash flow.  They have north of 6% sustainable dividend yield.  (Analysts’ target: $36.00).


Price:
$30.530
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2017-04-27 BUY on WEAKNESS Must be logged in to use chart BNS-T Bank of Nova Scotia

Banks are not cheap.  This is one of the cheaper ones because its return on equity is stronger than other banks because it is the most international banks of the family.  It is driving higher returns on equity than other banks.  This is not a bad one to be picking away at.


Price:
$75.310
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2017-04-27 TOP PICK Must be logged in to use chart CM-T Canadian Imperial Bank of Commerce

They have a higher amount of residential exposure than peers.  Famous last words.  One should recognize their ability to play catch up to peers and not being recognized in terms of valuation.  They had 8 consecutive dividend increases since 2008.  There is plenty of room for them to move forward.  They have a great opportunity in terms of cost cutting.  They have great inroads to providing financial services to newcomers to Canada.  (Analysts' target: $124.00).


Price:
$109.710
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2017-04-27 PARTIAL SELL Must be logged in to use chart CP-T Canadian Pacific Rail

It is a strategic asset.  There is a duopoly in the rail space in Canada and this is the leader.  They have a pretty well entrenched management team.  They can drive some significant improvement in their operating ratios.  The valuation is on the rich side so he would take profits.


Price:
$209.320
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2017-04-27 DON'T BUY Must be logged in to use chart CVS-N CVS Health Corp

He used to believe it was worth hanging onto, but he has moved on.  It is stuck in limbo.  The question is what the margins will look like.


Price:
$82.790
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2017-04-27 BUY on WEAKNESS Must be logged in to use chart EIF-T Exchange Income

Believes it has a pretty handsome yield.  He used to own it years ago.  It is a proper business.  He thinks it has a good long term yield and should be picked away at on weakness.


Price:
$35.000
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2017-04-27 BUY Must be logged in to use chart ENB-T Enbridge

TRP-T vs. PPL-T.   PPL-T has been expensive historically because management is worthy of it and so he would go for this one.  He owns EMB-T because of the advantage that whoever you have to pay bills to you should own them.  They have growing dividends at 8-10%.  He likes the premium management of PPL-T and it is worthy of an increased multiple. 


Price:
$56.450
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2017-04-27 BUY on WEAKNESS Must be logged in to use chart GOOGL-Q Alphabet Inc. (A)

You must weight political positions with investment data.  Policy is forming in the US, but there are truths about economical data that we cannot ignore.  The prospects for US investment are hard to ignore.  He cannot own this one in his portfolio because it does not pay a dividend.  Cloud computing is a story that is playing out and Google is a leading company in this business.  It is a pretty good choice to hold.  Buy it on weakness.


Price:
$891.440
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2017-04-27 SELL Must be logged in to use chart HBC-T Hudson Bay Co.

He has difficulty in what is happening in the retail market.  He does not see a heck of lot of volume in the stores.  There is a secular movement toward on-line shopping and he does not see how they can compete.  Plowing through inventory is a margin squeeze.


Price:
$12.180
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2017-04-27 PAST TOP PICK Must be logged in to use chart KR-N Kroger Co.

(Top Pick Jun 21’16, Up 11.95%)  This is his sore one.  He is hanging in, though.  It is because of fears of food deflation.  He sees this as a temporary blip.  They have a pretty good brand of organics.  They have this segment of food and it is not perceived as just for the elite.  They have a great deal of market share.


Price:
$30.150
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2017-04-27 TOP PICK Must be logged in to use chart MDA-T MacDonald Dettwiler & Assoc.

Premium imagery and heat signature on land and on sea.  They are the premium provider of imagery.  (Analysts’ target: $83.00).


Price:
$67.890
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2017-04-27 DON'T BUY Must be logged in to use chart NFI-T New Flyer Industries Inc.

He missed the bus. They are the consolidator in North American for all coaches and busses.  There should be an infrastructure trickle down into this business.  He is reluctant to pay this much for it, however.


Price:
$49.900
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
Showing 1 to 15 of 372 entries
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