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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

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Date Signal Chart Symbol Company Opinion Price
2015-07-24 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. This is a tough market, and in Canada anything even remotely connected to Alberta, is facing a lot of downside. This just relates to the sources of global growth. The US is the real growth driver. There is really no place to hide in the resource space or anything Alberta related, and you can’t count on the dividend being there through all circumstances. When you look at PMI’s (Purchasing Management Index?) globally, things are still positive. They are not accelerating and are not exceptionally positive, but they are generally positive. When you get into this environment, it does create opportunities, but you have to be selective.


Price:
$0.020
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
_N/A
2015-07-24 COMMENT Must be logged in to use chart ABT-T Absolute Software Corp.

He has no exposure to Canadian Tech at the moment, but does have exposure to US tech. There are not many companies to choose from. He sees better value and opportunity outside of Canada. There are only a half-dozen tech stocks in Canada that are publicly traded, so sometimes they can get bid up more than they are potentially worth. He prefers dealing in the US.


Price:
$7.950
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
No
2015-07-24 TOP PICK Must be logged in to use chart AD-T Alaris Royalty

This has a bunch of different businesses such as End of the Roll carpets, Planet Fitness, a Texas construction company. It is a great value proposition to the owners of these companies. Instead of going through a regular private equity type shop, who wants to take a big piece of the equity and try to get control, they invest through a preferred share type of arrangement where it is tied to the top line with built-in collars to grow that over time. Dividend yield of 5.24% and he expects to see continued dividend growth.


Price:
$30.570
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
Yes
2015-07-24 COMMENT Must be logged in to use chart ARX-T Arc Resources Ltd

One of the higher-quality companies and thinks it will be a survivor coming out of this. About a 60% gas producer. Good assets. He can’t guarantee the dividend is safe as it will depend on commodity prices.


Price:
$19.210
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
Yes
2015-07-24 BUY Must be logged in to use chart BAM.A-T Brookfield Asset Management (A)

A little while ago this got a little expensive for him, so he cut back his position. This is exposed to the right things. Have a lot of assets outside of Canada and has some infrastructure assets. Excellent management. A good, long term company.


Price:
$45.290
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
Yes
2015-07-24 WEAK BUY Must be logged in to use chart BBD.B-T Bombardier Inc (B)

This has been a tough one. The one positive thing is that sentiment is so negative that if they were to announce some orders for the C series, there could be a real pop in the stock. Feels the balance sheet is okay, but if they come out and are burning more cash again, this will continue down. This stock is in desperate need of good news.


Price:
$1.780
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
Yes
2015-07-24 BUY Must be logged in to use chart BCE-T BCE Inc.

They are down a little bit because of the recent CRTC ruling of having to give wholesale access to fibre on the home, where they have been a big investor. Doesn’t think, in the intermediate term, it is a huge deal given that what they have to wholesale is only 10% of their business and hasn’t really taken off. They generate a lot of free cash flow and will put a lot of that towards dividend growth.


Price:
$53.440
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
Yes
2015-07-24 DON'T BUY Must be logged in to use chart BNP-T Bonavista Energy Corp

He has a little of this. Feels this one is at risk the longer the oil situation drags out. Wouldn’t add to your position. If we see a rally in oil/gas prices, it might be one that he would look to unload.


Price:
$5.090
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
Yes
2015-07-24 COMMENT Must be logged in to use chart BTE-T Baytex Energy Corp

Hasn’t added to his position. Has a bit of a challenged balance sheet, which has made it a bit of a target for people who are Shorting oil. Thinks their assets are decent. The Eagleford is one of the few assets in North America that does okay at $50 oil. You may see more dividend cuts depending on oil prices.


Price:
$12.770
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
Yes
2015-07-24 PAST TOP PICK Must be logged in to use chart CJ-T Cardinal Energy Ltd

(A Top Pick Aug 22/14. Down 35.1%.) At the smaller end of the market cap spectrum, but one of the better setups for a dividend model. Very, very low decline rate. Their assets are under water flood and he thinks they have a polymer flood coming up. This is a company that he thinks will benefit from this downturn as prices between buyers and sellers of land packages gets better, as he expects them to be acquisitive.


Price:
$11.880
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
Yes
2015-07-24 COMMENT Must be logged in to use chart CPG-T Crescent Point Energy Corp

Now back to 2008 levels, but it is not alone. A lot of these companies had very strong hedging books going into this year that have seen them come through. When oil had the bounce through the spring, it pushed those hedges out a little bit. It is very difficult to hedge now into 2016. Thinks it’s going to be 2018 before we see a $60 oil price.


Price:
$19.820
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
Unknown
2015-07-24 COMMENT Must be logged in to use chart DDC-T Dominion Diamond

Owns 2 diamond mines in northern Canada. Looks cheap statistically at almost half of .6 of NAV. It really comes down to diamond prices, and he understands there is a glut of polished stones. To buy the stock, you have to understand diamond pricing and what the catalyst is to push diamond prices back up.


Price:
$15.970
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
No
2015-07-24 COMMENT Must be logged in to use chart DH-T DH Corporation

Good dividend returns in the manufacturing sector? There are not that many manufacturing companies here anymore. Instead of a manufacturing company, he would suggest this instead.


Price:
$42.140
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
Unknown
2015-07-24 COMMENT Must be logged in to use chart ENF-T Enbridge Income Fund Holdings

There will definitely be more shares issued, but the company has backstopped those needs out to around 2020, and he thinks they will be very careful about putting out deals that will be well received. If looking for yield and stable, more contracted assets, this is a reasonable option. Dividend yield of 4.6%.


Price:
$33.730
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
No
2015-07-24 TOP PICK Must be logged in to use chart IAG-T Industrial-Alliance Life Ins

Has been more beat up in the market compared to Sun Life Financial (SLF-T) and Manulife (MFC-T), because it has less exposure to outside of Canada, although they do have a bit of US business. Also, their asset management business is seeing a little bit of negative flow. This has brought the stock price down to a level where he is comfortable buying it. Growing Book Value at about 10% a year for over a decade now. Expects to see acquisitions in US insurance and on the asset management side. Dividend yield of 2.76%.


Price:
$39.810
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
Yes
Showing 1 to 15 of 368 entries
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