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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
2015-03-26 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  The market looks expensive.  Western Canada had been the driver in Canada.  The manufacturing base in Ontario is not robust enough to make up for it.  Things that are low risk in earnings are just too expensive and the cheap ones are tied to Western Canada.  In the last couple of years we had weak Q1s and then it got better throughout the year – maybe this year.  He looks at anything that pays a dividend.  Some are more bond-like.  Others pay little but have much more ability to grow the dividend over time.


Price:
$0.020
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
_N/A
2015-03-26 DON'T BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Food Stocks.  He does not have any exposure.  It is overvalued relative to its growth prospects.  It is a very competitive environment.  Maple Leaf (MFI-T) looks the most interesting, however.


Price:
$0.020
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
No
2015-03-26 WATCH Must be logged in to use chart ACQ-T AutoCanada Inc.

It’s a good business model.  The numbers looked good but the outlook was bleak in the last report.  Some of the issue is weather-related (East Coast).  They need to do more acquisitions and they need to be outside of Alberta.  They may use this opportunity to buy some dealerships that were not going to sell previously.  He will add to it eventually.


Price:
$33.170
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
Yes
2015-03-26 WATCH Must be logged in to use chart BAM.A-T Brookfield Asset Management (A)

Likes it for the longer term.  Might be susceptible to a market pullback.  They are looking at more investment in Brazil and Europe.  Don’t rush in at this point.


Price:
$66.490
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
Yes
2015-03-26 COMMENT Must be logged in to use chart BBD.B-T Bombardier Inc (B)

A tough call.  It is about the ‘C’ series catalyst.  They are 80% of the way through the testing.  If they finish by end of year they can get a few more orders.  It is a cheap stock but very much a show-me story.  The Paris air show is coming up and they might get some orders out of that also.


Price:
$2.510
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
Yes
2015-03-26 WAIT Must be logged in to use chart BCE-T BCE Inc.

Recently sold it because he thought it was overly expensive.  A good, safe yield.  There are some CRTC issues but he does not think they are meaningful to the stock price.  $50ish is a good re-entry point.


Price:
$53.340
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
Unknown
2015-03-26 TOP PICK Must be logged in to use chart BTE-T Baytex Energy Corp

(Top Pick May 22/14, Down 54.04%) He probably should have sold and come back later.  It has good assets and a good cost base and they are a good company.  When oil prices start to recover they will be a prime beneficiary of that.  It is a high quality company and just needs some support from oil prices.  He is not suggesting people back the truck up but just put a toe in.  6% yield.  The Saudis can’t produce oil for the entire world and no one but they can make money at these levels.


Price:
$20.020
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
Yes
2015-03-26 DON'T BUY Must be logged in to use chart CPB-N Campbell Soup Company

Kraft/Heinz deal:  It put all of these companies into play in people’s minds.  But he does not see a lot of value in these names.


Price:
$45.040
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
Unknown
2015-03-26 DON'T BUY Must be logged in to use chart CPD-T iShares S&P/TSX Preferred ETF

Not a huge fan of index, passive investing.  This especially does not make sense in the preferred share market.  You need active management to do it properly.


Price:
$15.370
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
Unknown
2015-03-26 BUY Must be logged in to use chart D.UN-T Dream Office REIT

Not the most highly regarded trust out there.  Decent exposure to Calgary office space.  But everyone knows about these concerns.  It has an 8% yield.  The dividend is safe.


Price:
$26.260
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
Yes
2015-03-26 WEAK BUY Must be logged in to use chart DOL-T Dollarama Inc.

It just won’t quit.  They increased their view of how much they can expand in terms of stores.  It is defensive.  He can’t get over the valuation but clearly it has been going up and still will.


Price:
$69.050
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
No
2015-03-26 DON'T BUY Must be logged in to use chart ECA-T Encana Corp

Gas is the primary driver of this one.  There continues to be lots of gas.  Even if production pulls back it is easy to put it back on.  He can’t see the price of gas going up dramatically.  They had lots of balance sheet issues, but addressed those with an equity raise.


Price:
$14.070
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
No
2015-03-26 WEAK BUY Must be logged in to use chart FRU-T Freehold Royalties

Oil and gas royalty company.  The attraction is the lower operating risk, but you are still exposed to the commodity price.  It is a call on oil prices.


Price:
$18.270
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
No
2015-03-26 PAST TOP PICK Must be logged in to use chart IGM-T IGM Financial Inc.

(Top Pick May 22/14, Down 9.17%) It was about turning around redemptions.  Earnings have gone up but there was compression of their multiple because of pressure on their fees.  His price target is down a little from last year.


Price:
$45.800
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
Yes
2015-03-26 DON'T BUY Must be logged in to use chart MG-T Magna Int'l. (A)

They had a 2 for 1 split today.  It should not have a big impact on the price.  It is tied into the US economy.  It is cheap on a PE ratio but it is at the high end of its range.  It is a popular stock and could be susceptible if we get more of a market correction. 


Price:
$64.960
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
No
Showing 1 to 15 of 343 entries
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