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

Viewing Expert

Jeff Young , Co-CEO & CIO

NexGen Financial

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

Contact Info

Email:


Date Signal Chart Symbol Company Opinion Price
2015-12-08 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. OPEC didn’t help us at all by not cutting oil prices. Also, there is tax loss selling because of weakness in the oil stocks and weakness in the cyclical stocks. US investors have concerns about Cdn Banks, especially with the loan loss provisions going up and challenges they are having with growth. You have to really pick your spots on an individual company basis. This is one of those markets where things have been working, so in Canada things that have a lot of revenue growth from outside of Canada and a lot of exposure to the US, have been working very well and consequently are quite expensive. Growth is very patchy around the world, so if you are looking for growth now, the US seems to be the place to be. He is expecting GDP and earnings growth to be positive globally next year. Doesn’t expect it to be a runaway success, but there will be spots that you can pick to do well.


Price:
$0.020
Subject:
CANADIAN DIVIDEND
Bias:
SELECTIVE
Owned:
_N/A
2015-12-08 COMMENT Must be logged in to use chart AD-T Alaris Royalty

He likes management and their business model. They go into private businesses that need capital, and instead of them having to raise equity, they take a royalty off the top line. They’ve had a couple of problems with companies they invested in, but haven’t really lost a lot of money. Also, they invest in smaller companies, so as people get concerned about economic growth and the prospects of these investee companies, it puts a little pressure on them. It is cheap and over time it will grow. In an improving environment, this is a good company.


Price:
$22.740
Subject:
CANADIAN DIVIDEND
Bias:
SELECTIVE
Owned:
Unknown
2015-12-08 BUY Must be logged in to use chart BAM.A-T Brookfield Asset Management (A)

Very good allocators of capital. If you want to give your money to somebody to look after and allocate it responsibly, this company is great. Have infrastructure assets and property all around the world. They are kind of cyclical investors as well. He doesn’t see a ton of upside, but it’s a good stable place to be.


Price:
$44.310
Subject:
CANADIAN DIVIDEND
Bias:
SELECTIVE
Owned:
Yes
2015-12-08 COMMENT Must be logged in to use chart BNP-T Bonavista Energy Corp

The company is doing the right things. Their assets are good. They are just caught in this malaise of the price of gas. The longer that goes on, the more difficult it is for them to survive. Doesn’t see any immediate threat, but is now focusing on what he considers to be safer bets.


Price:
$1.890
Subject:
CANADIAN DIVIDEND
Bias:
SELECTIVE
Owned:
No
2015-12-08 TOP PICK Must be logged in to use chart CGX-T Cineplex Inc

A bit of a steady Eddie in this market environment. Not the cheapest stock out there, but they have done a good job of justifying their valuation. They continue to grow revenues and their earnings. Have about 80% market share of Canadian theatres and are branching out from that. Very good at selling concessions to clients in those theatres. Have all sorts of different drivers of revenue inside the theatre. Branching out into a new concept called The Rec Room where they will have entertainment centres across the country. Also, moving into E gaming. Dividend yield of 3.3%.


Price:
$48.300
Subject:
CANADIAN DIVIDEND
Bias:
SELECTIVE
Owned:
Yes
2015-12-08 COMMENT Must be logged in to use chart CNR-T Canadian National R.R.

Key metrics to focus on comparing it to other railways? Network speed and operating ratios is something you look at in the rails. He sold his holdings and switched into Canadian Pacific (CP-T) where he sees more improvement in operating ratios. (See Top Picks.)


Price:
$72.980
Subject:
CANADIAN DIVIDEND
Bias:
SELECTIVE
Owned:
No
2015-12-08 TOP PICK Must be logged in to use chart CP-T Canadian Pacific Rail

Valuation has come off a lot. They are doing the right things. They are streamlining the speed of their networks up. Thinks US economy continues to grow and he has taken advantage of the dip in the valuation data position. Dividend yield of 0.82%.


Price:
$171.640
Subject:
CANADIAN DIVIDEND
Bias:
SELECTIVE
Owned:
Yes
2015-12-08 COMMENT Must be logged in to use chart D.UN-T Dream Office REIT

He has a little bit and thinks it is cheap. Trading well under NAV. It gets about 40% of its Net Operating Income from the West. There is a lot of capacity coming on in the office space, both in Toronto and Calgary. They are doing the right things on leasing. This is one that he hopes will rise after the pressures of this year come off. The company has said they are not looking at the 13% dividend as it is fine and their cash flow supports it at the moment.


Price:
$17.200
Subject:
CANADIAN DIVIDEND
Bias:
SELECTIVE
Owned:
Yes
2015-12-08 COMMENT Must be logged in to use chart ENB-T Enbridge

Mastered Limited Partnerships were very popular for a while, but have been under a lot of pressure over the last year or 2. Feels this company has been dragged down with that. Their revenues are largely contracted so there are not real issues in the short term, but the multiples have been compressing. They have lots of growth prospects in pipelines, but people are worried that they’ll need to raise equity and the plans will get shelved which brings down the multiple. Reasonably priced, but it is going to take a change in sentiment before it turns around.


Price:
$41.860
Subject:
CANADIAN DIVIDEND
Bias:
SELECTIVE
Owned:
Yes
2015-12-08 COMMENT Must be logged in to use chart FTS-T Fortis Inc.

This is a regulated utility and he doesn’t think there are any issues with the dividend. Doesn’t expect there is a lot of growth in the near term and there could be a bit of pressure if rates start to rise quickly or unexpectedly. The business is sound.


Price:
$35.930
Subject:
CANADIAN DIVIDEND
Bias:
SELECTIVE
Owned:
Unknown
2015-12-08 PAST TOP PICK Must be logged in to use chart GIL-T Gildan Activewear Inc.

(A Top Pick Dec 8/14. Up 37.01%.) Predominantly US in their earnings and revenues. Cotton prices have cooperated. Have moved up from just being a maker of T-shirts, underwear and socks into a brand of their own. They have a near-shore operation so that they don’t do things in Asia, which he thinks is an advantage. Still likes.


Price:
$41.730
Subject:
CANADIAN DIVIDEND
Bias:
SELECTIVE
Owned:
Yes
2015-12-08 TOP PICK Must be logged in to use chart HBC-T Hudson Bay Co.

Sort of the “last department store standing” in Canada. The price has come off which made it attractive to him. Thinks the valuation is largely backstopped by the real estate and they are starting to spin that out. Have done a couple of joint ventures with the real estate in Canada and outside of Canada. They are taking the Saks Fifth Avenue off price, and the off-price retailers have done very well in the US. Expanding that and bringing it into Canada. Also, expanding into Europe. Dividend yield of 0.98%.


Price:
$20.350
Subject:
CANADIAN DIVIDEND
Bias:
SELECTIVE
Owned:
Yes
2015-12-08 HOLD Must be logged in to use chart IPL-T Inter Pipeline

A stock that did very well in the run-up of the oil sands, and it got quite expensive. It was priced to keep growing. Thinks it was 22X EBITDA, and it is now 11, so the premium has come way out of it. There is not a lot of direct commodity exposure, although they are exposed to volumes of the oil sands.


Price:
$20.430
Subject:
CANADIAN DIVIDEND
Bias:
SELECTIVE
Owned:
Unknown
2015-12-08 PAST TOP PICK Must be logged in to use chart KEY-T Keyera Corp

(A Top Pick Dec 8/14. Up 4.96%.) Gas gathering and processing. Doesn’t have a lot of direct commodity risks, but it does have throughput risks. Its assets are in the right area, and he thinks they come out of this downturn better. Still likes it.


Price:
$38.330
Subject:
CANADIAN DIVIDEND
Bias:
SELECTIVE
Owned:
Yes
2015-12-08 BUY Must be logged in to use chart MG-T Magna Int'l. (A)

Recently bought this. It is cyclical, so you need to be a little careful. It has come down sufficiently so that the price warrants taking a position here.


Price:
$58.350
Subject:
CANADIAN DIVIDEND
Bias:
SELECTIVE
Owned:
Yes
Showing 1 to 15 of 415 entries
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