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

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Jeff Young , Sr. VP & CIO

NexGen Financial

Address
36 Toronto Street
Suite 1070
Toronto, ON
M5C 3G9

Contact Info

Email:


Date Signal Chart Symbol Company Opinion Price
2014-12-08 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  He is not buying energy stocks today, but watching them with great interest.  The pressure has to let up eventually.  The drop in oil price is supply driven, not demand driven.  The supply increase can’t continue for long.  A call from the US to sell Canada came out and he feels the US are probably shorting oil stocks.  The lower Canadian dollar benefits some oil companies in terms of costs.  Two tech stocks with US exposure hit 52 week highs today.  As we come to the end of the year you should see some covering on the shorts. 


Price:
$0.020
Subject:
CANADIAN DIVIDEND
Bias:
BEAR on ENERGY
Owned:
_N/A
2014-12-08 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Technology has done well.  ‘Old tech’ has sustainability of the dividend.  He does not play in the ‘New tech’ stocks because they don’t normally have dividends.


Price:
$0.020
Subject:
CANADIAN DIVIDEND
Bias:
BEAR on ENERGY
Owned:
_N/A
2014-12-08 WEAK BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

REITs becoming their own sector on TSX.  If the weighting went up, then index funds would have to buy more of them.  If rates went up REITs would fall.  REITs are fairly fully valued here.


Price:
$0.020
Subject:
CANADIAN DIVIDEND
Bias:
BEAR on ENERGY
Owned:
_N/A
2014-12-08 BUY Must be logged in to use chart AQN-T Algonquin Power & Utilities Corp

He is concerned about the interest rate sensitivity.  But it makes sense to own this one.  Decent growth and profit prospects.


Price:
$9.280
Subject:
CANADIAN DIVIDEND
Bias:
BEAR on ENERGY
Owned:
Unknown
2014-12-08 BUY Must be logged in to use chart ATD.B-T Alimentation Couche-Tard (B)

Lots of exposure outside Canada.  It is attractive in this market.  It is a growth by acquisition story. 


Price:
$38.940
Subject:
CANADIAN DIVIDEND
Bias:
BEAR on ENERGY
Owned:
Unknown
2014-12-08 PARTIAL BUY Must be logged in to use chart AX.UN-T Artis Real Estate Investment Trust

It is in Western Canada, which is getting sold off now, and it is offices, which are experiencing over supply now.  These are being overdone, pushing the stock price to the down side.


Price:
$14.680
Subject:
CANADIAN DIVIDEND
Bias:
BEAR on ENERGY
Owned:
No
2014-12-08 BUY on WEAKNESS Must be logged in to use chart BTE-T Baytex Energy Corp

It continues to be a very good company.  The balance sheet is a little stretched, however, and the oil price is too low.  Any movement up in oil will be leveraged by this stock.  There probably should be a dividend cut.


Price:
$16.460
Subject:
CANADIAN DIVIDEND
Bias:
BEAR on ENERGY
Owned:
Yes
2014-12-08 PAST TOP PICK Must be logged in to use chart CAE-T CAE Inc

(Top Pick Dec 13/13, Up 18.68%) He got concerned about margin pressure they were feeling, but they have recovered since.  Definitely a good company and heading in the right direction.


Price:
$14.720
Subject:
CANADIAN DIVIDEND
Bias:
BEAR on ENERGY
Owned:
No
2014-12-08 PARTIAL SELL Must be logged in to use chart CM-T Canadian Imperial Bank of Commerce

No issue with the sustainability of the dividends.  Banks are going through adjustment to lower growth expectations.  He is underweight the banks, but you don’t want to be right out of them. 


Price:
$101.630
Subject:
CANADIAN DIVIDEND
Bias:
BEAR on ENERGY
Owned:
Unknown
2014-12-08 DON'T BUY Must be logged in to use chart COS-T Canadian Oil Sands

Not a name for him.  Balance sheet is a little levered.  The dividend cut put the stock down.  There could be another cut coming.


Price:
$10.050
Subject:
CANADIAN DIVIDEND
Bias:
BEAR on ENERGY
Owned:
Unknown
2014-12-08 HOLD Must be logged in to use chart CPG-T Crescent Point Energy Corp

Near term, the dividend is fairly safe.  They have a decent amount of hedging for next year and the balance sheet is relatively good.


Price:
$25.000
Subject:
CANADIAN DIVIDEND
Bias:
BEAR on ENERGY
Owned:
Unknown
2014-12-08 WEAK BUY Must be logged in to use chart CSH.UN-T Chartwell Seniors Housing

It continues to do well.  It would run into trouble in a rising rate environment.  It should continue with slow growth going forward.


Price:
$11.620
Subject:
CANADIAN DIVIDEND
Bias:
BEAR on ENERGY
Owned:
No
2014-12-08 PAST TOP PICK Must be logged in to use chart DII.B-T Dorel Industries

(Top Pick Dec 13/13, Up 3.10%) He is now worried about the company’s fundamentals.


Price:
$38.670
Subject:
CANADIAN DIVIDEND
Bias:
BEAR on ENERGY
Owned:
No
2014-12-08 PAST TOP PICK Must be logged in to use chart ECA-T Encana Corp

(Top Pick Dec 13/13, Down 18.56%) He sold it at a nice profit.  It will be a decent story going forward.


Price:
$15.410
Subject:
CANADIAN DIVIDEND
Bias:
BEAR on ENERGY
Owned:
No
2014-12-08 DON'T BUY Must be logged in to use chart ERF-T Enerplus Corp

He sold earlier this year because of geography and where they were.  Probably not the first one he would go to.


Price:
$12.460
Subject:
CANADIAN DIVIDEND
Bias:
BEAR on ENERGY
Owned:
No
Showing 1 to 15 of 315 entries
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