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Compiling comments that experts make about stocks while on public TV.

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Greg Newman , Senior Wealth Advisor

ScotiaMcLeod


Date Signal Chart Symbol Company Opinion Price
2015-04-23 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. It is hard to look around and find good value. Markets are quite expensive. We are seeing a pretty soft US earnings season. Greek problems are coming up. There is fear of seasonality. There has really been a softening of US data points in the last little while. Even though equities are expensive and much harder to buy here, they are still so much cheaper than bonds. Expects the market will get the benefit of the doubt. Data is generally improving in Europe. There is a lot more accommodation in China. US earnings have been pretty murky to date, but a lot of the earning releases are front-end loaded to multinationals, which are very sensitive to a tough greenback. Domestics will start reporting in the next little while, and he thinks that will also give a little bit of a lift. You still have the effects of lower oil to come, and you have easy money everywhere. Pullbacks will be shallow and you want to keep on trying to buy them.


Price:
$0.020
Subject:
CANADIAN DIVIDEND
Bias:
UNKNOWN
Owned:
_N/A
2015-04-23 TOP PICK Must be logged in to use chart AFN-T Ag Growth International Inc

He sees 26% earnings growth over the next couple of years. They are on the cusp of acquiring Vicwest’s Westeel division, which he thinks is going to double their Canadian sales. Expecting 20% growth on their US sales and he is projecting 37% increase in their international sales. 75% payout ratio. 52% of their earnings are coming from the US. Dividend yield of 4.59%.


Price:
$52.240
Subject:
CANADIAN DIVIDEND
Bias:
UNKNOWN
Owned:
Yes
2015-04-23 PAST TOP PICK Must be logged in to use chart BAC-N Bank of America

(A Top Pick March 20/14. Down 11.58%.) This has been disappointing. It was cheap then and it is cheap now. The thesis is still alive, which is a play on US housing, the eventual loan growth, steadily improving capital levels, etc.


Price:
$15.690
Subject:
CANADIAN DIVIDEND
Bias:
UNKNOWN
Owned:
Yes
2015-04-23 BUY on WEAKNESS Must be logged in to use chart BNS-T Bank of Nova Scotia

Has had a big move since the March lows. The game in financials right now is about cost cutting. Government is going to increase taxes on shadow dividends, which is going to knock another 1% off his 2016 estimates on the banking group in general. Banks are a good group. Dividends are high. You are probably going to have a better time to Buy over the next couple of months.


Price:
$66.840
Subject:
CANADIAN DIVIDEND
Bias:
UNKNOWN
Owned:
Unknown
2015-04-23 PAST TOP PICK Must be logged in to use chart BTE-T Baytex Energy Corp

(A Top Pick March 20/14. Down 42.43%.) When he recommended this, they were on the precipice of closing the Aurora transaction, which would have been really accretive for them if oils had stayed at the levels that he was modelling. Sold his holdings in the $30s.


Price:
$23.590
Subject:
CANADIAN DIVIDEND
Bias:
UNKNOWN
Owned:
No
2015-04-23 BUY on WEAKNESS Must be logged in to use chart CAR.UN-T Canadian Apartment Properties

A nice little company and the dividend is pretty safe. He models an all-in comp annual growth rate at about 6.3%, which is about 300 basis points above its 5 year average. Payout ratio is 75%, so your 4% dividend is safe. Lower commodities are helping them. His price target is $29.75. Trading at about 18.5X adjusted funds from operations, versus the 5-year average of around 17.5. You want to be adding this on a pullback.


Price:
$29.130
Subject:
CANADIAN DIVIDEND
Bias:
UNKNOWN
Owned:
Unknown
2015-04-23 BUY on WEAKNESS Must be logged in to use chart CM-T Canadian Imperial Bank of Commerce

Trading at a lower valuation than the group, and has a much better dividend. The market is concerned that this is a pure play on Canada and that if they buy anything in the US, they will be paying too much. Thinks there will be a better level to buy this at, but this is not going to hurt you. Try to buy at a lower level.


Price:
$97.040
Subject:
CANADIAN DIVIDEND
Bias:
UNKNOWN
Owned:
Unknown
2015-04-23 DON'T BUY Must be logged in to use chart CNR-T Canadian National R.R.

Just had a good quarter and that is going to be the best quarter they will have for the year.


Price:
$80.740
Subject:
CANADIAN DIVIDEND
Bias:
UNKNOWN
Owned:
Unknown
2015-04-23 BUY Must be logged in to use chart CP-T Canadian Pacific Rail

Just had their earnings yesterday and he boosted his target price $5 to $250 even with weaker crude by rail, a lower Cdn$ and coal. Management is competent. They can double their earnings per share by 2018. He sees them earning $17 in 2017. Which puts them at a 14.1X PE. The only concern he has are possible regulatory issues.


Price:
$239.910
Subject:
CANADIAN DIVIDEND
Bias:
UNKNOWN
Owned:
Unknown
2015-04-23 DON'T BUY Must be logged in to use chart CPG-T Crescent Point Energy Corp

At $50 oil this year, he sees 154% payout ratio for 2015. Debt to cash flow is 2.4% this year and widens to 3.2% next year. Still not bad relative to the group.


Price:
$32.290
Subject:
CANADIAN DIVIDEND
Bias:
UNKNOWN
Owned:
Unknown
2015-04-23 COMMENT Must be logged in to use chart CPX-T Capital Power

This is a good name. He sees it going higher and has a $32 target on it. One of the problems with this space right now is that Alberta power prices are weak. Fortunately they have hedges in place for 2015-2016 and they have accretive projects coming on later this year. Nice dividend and a low payout ratio.


Price:
$24.700
Subject:
CANADIAN DIVIDEND
Bias:
UNKNOWN
Owned:
Yes
2015-04-23 BUY Must be logged in to use chart DH-T DH Corporation

The whole area is getting a little bit pricey, but is still cheaper than its peers. Just did another big acquisition, bigger than its last one, that is going to help drive growth, global reach and cross sell. Very well positioned to benefit from the big trend of electronic payments. He sees this growing very well over the next couple of years. About 62% of their business will come from the US. Has a $48 target on this.


Price:
$42.390
Subject:
CANADIAN DIVIDEND
Bias:
UNKNOWN
Owned:
Unknown
2015-04-23 BUY Must be logged in to use chart ENF-T Enbridge Income Fund Holdings

Payout ratio is 86%. He sees 18% cash flow growth over the next couple of years from drop-downs from the parent. Given Enbridge’s (ENB-T) assets that are being dropped down, he thinks they are going to be able to grow in just about any sort of oil environment. The problem is the way they are going to be financing some of their drop downs, by possibly issuing equity.


Price:
$38.860
Subject:
CANADIAN DIVIDEND
Bias:
UNKNOWN
Owned:
Yes
2015-04-23 PARTIAL BUY Must be logged in to use chart FTT-T Finning Int

There is weakness in new equipment sales, but they are having modest strength in sales of used equipment, rentals and product support. Also, the lower Cdn$ is mitigating to a certain extent. He doesn’t see a lot of growth. Expects they will be increasing their dividend 12% over the next couple of years. Their payout ratio is really low. You could probably pick away at this if you are patient. 3% dividend yield.


Price:
$23.620
Subject:
CANADIAN DIVIDEND
Bias:
UNKNOWN
Owned:
Unknown
2015-04-23 BUY Must be logged in to use chart HBC-T Hudson Bay Co.

Thinks it is on the 5th inning stretch. Has a $36 target on it and it is going to get there. They are gaining strength in retail and on line, margins are improving. 63% of their earnings come from the US, so they have that FX tailwind. They are plugged into a better consumer in the US with better oil prices. He sees 22% dividend growth and 46% earnings per share growth over the next couple of years.


Price:
$26.990
Subject:
CANADIAN DIVIDEND
Bias:
UNKNOWN
Owned:
Unknown
Showing 1 to 15 of 587 entries
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