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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
2014-08-22 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. Everybody is talking about needing a correction, but if everyone is expecting one, it doesn’t really happen. A correction would be healthy, but the market keeps going up. There won’t be a 5%-10% correction, because there is so much cash sitting on the sidelines. Every time we fall 3%-4%, people see it as a buying opportunity. The dividend component of the Canadian market is healthy. It’s north of 3% on the index, which holds up well against the US index. Dividends pay you while you wait, and gives you a cushion on the downside in a correction. He is more in a position towards the growth side in dividends. Probably the most expensive area of the stock market is those stocks that have reasonable yield, but also are defensive businesses with good growth prospects. These have been expensive for a while.


Price:
$0.020
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
_N/A
2014-08-22 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Trailing stops? Basically a trailing stop is a “point” at which you are going to sell, that moves with the stock. If the stock goes up, the level of the stop goes up as well. The trouble with setting these stops is that you can get whipsawed. If you don’t set them at the right place and you enter some temporary volatility, you get Sold out and then the stock bounces back. Normally you set this outside of a normal standard deviation and set it below that. Also, the issue is that once you have Sold a stock, you then have to decide when to Buy it back, which is sometimes a very difficult decision to make.


Price:
$0.020
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
_N/A
2014-08-22 BUY Must be logged in to use chart ACQ-T AutoCanada Inc.

A Western-based company that is rolling up a bunch of car dealerships, primarily in Western Canada, but are moving across Canada. Focused on trucks primarily, which are higher margins. A real growth story for several years, but has corrected here on concerns their pace of growth is slowing down. He doesn’t think that is the case. Even since the quarter when people got a little bit worried, they’ve had 2 acquisitions, so he feels the story will continue to play out. 25%-30% upside in the next 12 months is possible.


Price:
$71.160
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
Yes
2014-08-22 BUY Must be logged in to use chart AD-T Alaris Royalty

This is a quasi-private equity royalty type shop where they give private companies capital, in exchange for part of the top line generally. Have a bunch of underlying companies and are looking to expand that into the US. Last year was a bit rocky when they had some problems with a couple of their underlying companies, but that has all been sorted out. Thinks this could get back to $36 or so. Feels the dividend is safe.


Price:
$32.830
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
Yes
2014-08-22 HOLD Must be logged in to use chart AGU-T Agrium

Has been a bit of a disappointment. Hasn’t really done very much over the last year. Continues to like it over the long term. Likes their strategy of owning the big retail network in Canada and the US. Gives them some stability to their earnings. 3.2% dividend yield.


Price:
$101.820
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
Yes
2014-08-22 PAST TOP PICK Must be logged in to use chart ARX-T Arc Resources Ltd

(A Top Pick Sept 19/13. Up 24.72%.) They continue to deliver. Have very good lands in northeast BC and Alberta, and are strong operators in that. Well-placed for LNG, should that come about at some time.


Price:
$31.460
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
Yes
2014-08-22 COMMENT Must be logged in to use chart AX.UN-T Artis Real Estate Investment Trust

A high-quality REIT. In Western Canada and expanding into the US. Suffers from somewhat limited growth and being interest-rate sensitive. 6.7% yield.


Price:
$16.040
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
Unknown
2014-08-22 COMMENT Must be logged in to use chart BNP-T Bonavista Energy Corp

Thinks there is potential for the company, but you have to keep an eye on it as well. Stock hasn’t been the best performer, and a lot of that relates to some of the capital efficiencies and their ability to get a lot of production for their dollar. Cost structure is a little bit higher than some of the others. If we see strength in gas prices, everything will be fine, but if we go through a prolonged period of lower gas prices, that dividend would be at risk. (See Top Picks.)


Price:
$14.570
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
No
2014-08-22 TOP PICK Must be logged in to use chart CJ-T Cardinal Energy Ltd

Medium to heavy oil. This is a smaller and newer company, but one that is set up very well for the dividend plus growth model. Have no debt, which is unique for an oil/gas company. They focus on very, very low decline rate oil properties. Thinks their decline rate is around 13%, whereas the majority of the dividend oil/gas players is around 25%-30%. Having no debt makes them much more able to go through a downturn. Yield of 4.33%.


Price:
$19.420
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
Yes
2014-08-22 WATCH Must be logged in to use chart CNR-T Canadian National R.R.

Very expensive. They seem to keep getting their numbers every quarter. As long as they continue to do that and the market stays the way it is, it will continue to go up, but you need to keep an eye on it. If there is some sort of correction here, a lot of people may take some short-term profit, but that would be an opportunity to pick up some shares. 1.3% dividend yield.


Price:
$76.130
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
Yes
2014-08-22 COMMENT Must be logged in to use chart CPG-T Crescent Point Energy Corp

Very high quality management team. Just one of those companies that gets it done over and over. Has decent per-share growth of 7%-8% expectancies for this year. You’re paying top dollar for it, but you are getting a high-quality company as well.


Price:
$44.870
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
No
2014-08-22 DON'T BUY Must be logged in to use chart CUS-T Canexus Corp

Recently looked at their financial information a little and took a pass on it. Predominately a chemical company, but are also building a unit train oil terminal. Had some cost overruns and problems with that, and thinks they are a little capital constrained and need to sell a portion of it. They are still not done building this. Too messy a story for him. 7.5% dividend yield.


Price:
$5.310
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
No
2014-08-22 DON'T BUY Must be logged in to use chart CWX-T Canwel Building Materials Ltd.

Building products, lumber distributor across Canada. The building/renovation market in Canada has been quite good for some time. The yield of 9.2% is too high. They are over distributing. Thinks they have some room on a line and could pay out a debt if they wanted to, but clearly that is a temporary type fix. Any slowdown in building activity would be detrimental. This is not one that he would buy.


Price:
$6.090
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
No
2014-08-22 COMMENT Must be logged in to use chart FRU-T Freehold Royalties

Thinks they pay out a pretty high proportion of what they bring in. High oil prices certainly helps, which leads to activity levels. They drill a little bit themselves, but don’t have the same operating risks as a regular drilling company. You do need that activity level. People tend to pay a lot more for these royalty companies, because they see the lack of risk. He is on the sideline at the moment. 6.5% dividend yield.


Price:
$25.730
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
Unknown
2014-08-22 PAST TOP PICK Must be logged in to use chart GEI-T Gibson Energy

(A Top Pick Sept 19/13. Up 54.78%.) Continue to do very well in their business. Last quarter was great. Definitely getting on the pricey side, but in the energy/infrastructure space, it is one of the cheaper stocks, but also has one of the least recurring guaranteed revenues. A good stock for an active oil market. 3.3% dividend yield.


Price:
$35.740
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
Yes
Showing 1 to 15 of 287 entries
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