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

Viewing Expert

Greg Newman , Dir. & Assoc. Portfolio Management

Scotia Wealth Management


Date Signal Chart Symbol Company Opinion Price
2016-03-31 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market. TSX has come back pretty strong, maybe a little overbought, but is probably at a level where you can still be constructive. Feels we are in a sideways environment. Not a lot to get excited about economically. Even the US is still showing pretty anaemic GDP growth this year. However, there are plenty of pockets that investors can win in and you can be constructive. If you can get a 3%-4% dividend with nice 5%-6% growth annually, combined with 5%, 6%, 10% per share growth over the next couple of years with pretty good visibility, that really beats a 10-year bond of 1.74%. Dividend stocks are still compelling. He is not Long on energy companies yet.


Price:
$0.020
Subject:
CANADIAN DIVIDEND
Bias:
BEARISH on ENERGY
Owned:
_N/A
2016-03-31 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Gold? Gold bugs had themselves a 12-year run, but all good things come to an end. The question is, is this latest move for real. For gold to win, we need lower rates, and we are likely going to have them. Thinks gold can do okay in this environment. He would start with something like Gold Corp. (G-T). For gold to win, everything else has to lose, or everything else has to be kind of status quo yucky. It is probably still too overowned.


Price:
$0.020
Subject:
CANADIAN DIVIDEND
Bias:
BEARISH on ENERGY
Owned:
Unknown
2016-03-31 BUY Must be logged in to use chart AQN-T Algonquin Power & Utilities Corp

Just made an acquisition that looks pretty accretive. He would have no trouble buying this name. They issued a note to fund their latest US transaction, that might get you further ahead in the amount of interest it pays. You are now getting the benefit of US growth, but also with a FX tailwind.


Price:
$10.870
Subject:
CANADIAN DIVIDEND
Bias:
BEARISH on ENERGY
Owned:
Unknown
2016-03-31 BUY Must be logged in to use chart ARE-T Aecon Group Inc

He is modelling that they can grow cash flow per share compounded over the next couple of years at 15%. Trading at a discount to its 5 year average and at a price/cash flow of 7.1. Has a record backlog right now. A nice dividend with a low payout ratio, which can be easily boosted over time. The only issue is that their energy segment is a little challenged.


Price:
$16.130
Subject:
CANADIAN DIVIDEND
Bias:
BEARISH on ENERGY
Owned:
Yes
2016-03-31 COMMENT Must be logged in to use chart BBD.B-T Bombardier Inc (B)

(Market Call Minute.) Everything is going wrong for them. Free cash flow is extraordinarily weak and will get worse. However, if the Feds do take over two thirds of the new C Series, that would surface value which would make him more constructive on the name.


Price:
$1.320
Subject:
CANADIAN DIVIDEND
Bias:
BEARISH on ENERGY
Owned:
No
2016-03-31 HOLD Must be logged in to use chart BCE-T BCE Inc.

He models that they can grow earnings by 6% over the next couple of years. Right now, like the other big 3, it is pricey relative to its 5 year. Also, the payout ratio is creeping up. In order to increase the dividend, they are going to need to execute very well, and not get impacted by the skinnier bundle. He would look to get into this $5 cheaper.


Price:
$59.190
Subject:
CANADIAN DIVIDEND
Bias:
BEARISH on ENERGY
Owned:
Unknown
2016-03-31 COMMENT Must be logged in to use chart BMO-T Bank of Montreal

Executing really well. Capital ratios are really good and were up 11% year-over-year in Q1. Their energy book looks really well contained relative to their peers. They have US exposure which is good. They are trading at a premium to the rest of the banks. This is definitely going to give you dividend growth over time. He would be more of a seller at these levels than a buyer, probably through selling Calls.


Price:
$78.870
Subject:
CANADIAN DIVIDEND
Bias:
BEARISH on ENERGY
Owned:
Unknown
2016-03-31 COMMENT Must be logged in to use chart BTE-T Baytex Energy Corp

(Market Call Minute.) Great company, but they took on too much leverage at the worst possible time. They have debt/cash flow at 7.4% 2016 estimates. If you don’t have oil going higher fast, this is going to be a tough one.


Price:
$5.130
Subject:
CANADIAN DIVIDEND
Bias:
BEARISH on ENERGY
Owned:
No
2016-03-31 COMMENT Must be logged in to use chart CIX-T CI Financial Corp

Just acquired First Asset Capital which gives them a beachhead into the ETF space. A nice 4.6% dividend, which he sees growing at 10% over the next couple of years. However, he only sees about a 4.7% compound annual growth rate over the next couple of years. If you are really bullish about the market and you think it is going to go straight up, then this is not a bad play. If you think it is going to go sideways and be bouncy, he isn’t sure that this is the most exciting bet. There are headwinds and regulations coming for mutual funds.


Price:
$28.700
Subject:
CANADIAN DIVIDEND
Bias:
BEARISH on ENERGY
Owned:
Unknown
2016-03-31 BUY on WEAKNESS Must be logged in to use chart CM-T Canadian Imperial Bank of Commerce

This has had the strongest result of any of the banks. EPS was up 8% year-over-year on Q1. Their credit quality is excellent. Very good cost control. There are issues on their energy book. Also, cheaper than the rest of the Canadian banks. Sees this as growing at only 1.2% over the next couple of years. You could buy this at lower levels, but is certainly one you could keep your eye on.


Price:
$97.020
Subject:
CANADIAN DIVIDEND
Bias:
BEARISH on ENERGY
Owned:
Unknown
2016-03-31 TOP PICK Must be logged in to use chart CP-T Canadian Pacific Rail

This is a call on “no recession”. One of the risks is volume, particularly crude by rail and coal. If you were to take their crude by rail and their Teck Resources (TCK.B-T) to zero, which probably won’t happen, the stock would still be very cheap relative to its 10 year. This is a name with a lot of shock absorbers built in. A lot of bad news has already been built in. Sees it growing at 11.5% next year and the year after. If they can acquire Norfolk Southern (NCS-N), that would be accretive for them. Very cheap relative to Canadian National (CNR-T). They still have pretty good Cdn$ tailwinds. He can see this going to $210. Dividend yield of 0.81%.


Price:
$172.550
Subject:
CANADIAN DIVIDEND
Bias:
BEARISH on ENERGY
Owned:
Yes
2016-03-31 COMMENT Must be logged in to use chart ENF-T Enbridge Income Fund Holdings

Sees a lot of upside, but if looking at this as a REIT, you are going to get paid a 7% dividend, and he sees 10% annual dividend growth over the next several years with drop downs from Enbridge (ENB-T). With Enbridge having issued $2 billion in equity, this company is much less likely to go to market to issue more equity. As a yield play this is fine.


Price:
$29.600
Subject:
CANADIAN DIVIDEND
Bias:
BEARISH on ENERGY
Owned:
Unknown
2016-03-31 BUY Must be logged in to use chart FTS-T Fortis Inc.

(Market Call Minute.) Very good Cdn$ tailwinds from their US operations, and have been running the business very well.


Price:
$40.710
Subject:
CANADIAN DIVIDEND
Bias:
BEARISH on ENERGY
Owned:
Yes
2016-03-31 PAST TOP PICK Must be logged in to use chart HBC-T Hudson Bay Co.

(A Top Pick Jan 30/15. Down 16.99%.) Retail had skipped lower, but thinks they are doing everything right. Has been buying more into this downturn.


Price:
$19.190
Subject:
CANADIAN DIVIDEND
Bias:
BEARISH on ENERGY
Owned:
Yes
2016-03-31 COMMENT Must be logged in to use chart HLF-T High Liner Foods

The numbers have all lined up as being pretty good. It looks like a pretty good overlooked name. Trading at less than 10X earnings.


Price:
$15.000
Subject:
CANADIAN DIVIDEND
Bias:
BEARISH on ENERGY
Owned:
Unknown
Showing 1 to 15 of 717 entries
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