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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
2014-05-22 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. TSX is almost 400 points away from its all-time high set in 2008. This is certainly good. We have been recovering for a long time and he sees no reason why it can’t keep going. Market may consolidate here as it pushes through this level. Things remain quite supportive for the markets to continue higher. There are some divergences and rotation underneath the surface. Leaders from last year are selling off at the moment. Things that underperformed a bit last year are starting to outperform again. A lot of this has to do with what is happening in the interest-rate market and with yield. Yields shot up last year when Bernanke talked about eventually tapering, but they over did it in a short-term so we are now getting some of that back. Fixed income is less attractive. Valuations are in a fair range, certainly not overly cheap, but nowhere near bubble territory either.


Price:
$0.020
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
_N/A
2014-05-22 PARTIAL BUY Must be logged in to use chart AD-T Alaris Royalty

It is possible that this could rebound and he has been buying here. They have a portfolio of 10-12 companies that they invest in and they had trouble with 2 of them. One was a temporary issue. What they really need to re-ignite the growth is some more investments.


Price:
$27.160
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
Yes
2014-05-22 PAST TOP PICK Must be logged in to use chart AGU-N Agrium (US)

(A Top Pick May 17/13. 8.38%.) This has certainly not been the best year for this company. Had some problems in the potash space at a time when they were expanding their potash operations significantly. Also, natural gas has become more expensive. One of the things he likes is their huge retail network. Still thinks the path is upwards. 3.3% yield.


Price:
$90.570
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
Yes
2014-05-22 TOP PICK Must be logged in to use chart BTE-T Baytex Energy Corp

Heavy oil operator out of Canada with a little bit of light oil in North Dakota. Just did an accretive acquisition, Aurora, in the Eagle Ford in Texas. Likes the heavy oil exposure they have, but now they have the light in a key area in the US. Good dividend yield.


Price:
$45.480
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
Yes
2014-05-22 BUY Must be logged in to use chart CAE-T CAE Inc

Likes this. It’s in a good space. This is a company that has a bit more exposure to the economy. A little more volatility, but it is going to be able to grow. Specializes in simulators and flight training with the civilian and military markets. They continue to win contracts. Yield of 1.6%.


Price:
$14.970
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
Yes
2014-05-22 PAST TOP PICK Must be logged in to use chart CDI-T Canelson Drilling

(A Top Pick May 17/13. Up 50.58%.) Felt that people were pricing a lot of success into the sector so he got out of his position. Still likes the name. Very good operating company. Have much higher utilization rates than the rest of the drillers. 3% yield.


Price:
$7.710
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
No
2014-05-22 BUY Must be logged in to use chart CGX-T Cineplex Inc

Sold his holdings when he thought valuations got a little high, but it has now pulled back because of a weaker Q1 than people expected. A lot of this is temporary. Q2 has a much stronger film slate coming. Had much lower same-store sales, but were much higher on the concession side. They are still trying to move up on the digital side.


Price:
$40.280
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
No
2014-05-22 COMMENT Must be logged in to use chart CM-T Canadian Imperial Bank of Commerce

National Bank (NA-T) or CIBC (CM-T)? This bank relates to the more diversified income between the two and is very highly exposed to the Canadian consumer, which has been fine, up to this point. He would rather have more capital market exposure than retail exposure so his choice would be National Bank.


Price:
$98.390
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
No
2014-05-22 DON'T BUY Must be logged in to use chart CP-T Canadian Pacific Rail

Quite an expensive stock. Hunter Harris came in and improved operating efficiencies much better than he thought he would. Thinks the stock is priced without much room for error.


Price:
$179.400
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
No
2014-05-22 BUY Must be logged in to use chart CWB-T Canadian Western Bank

This bank is much more concentrated on the business and commercial lending side. That’s the growth area of the country and where the banks are going to have the most growth.


Price:
$37.070
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
Yes
2014-05-22 COMMENT Must be logged in to use chart EXE-T Extendicare Inc

Have been trying to sell their US business, which has been troubled for some time. They have a buyer, but it is conditional on the resolution of some US investigation going on. If that goes well they should have a bunch of cash which should be fine. If it falls apart, the units will probably suffer.


Price:
$7.100
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
Unknown
2014-05-22 COMMENT Must be logged in to use chart GLN-T Glentel Inc.

They have suffered a little bit from the two-year contracts on cell phones. Hasn’t looked at this one for his funds because of the low liquidity. If you think you’re going to cycle that two-year rule and you start to see reacceleration in the cell phones again you could go into this. Product launches will be the lifeblood of this business. Not something he would really look at. Yield of 4.6%.


Price:
$11.150
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
No
2014-05-22 HOLD Must be logged in to use chart HSE-T Husky Energy

Reasonably valued, certainly relative to its peer group. Have some good growth prospects in the oil sands as well as in China with a gas project. He thinks their growth percentagewise peaks next year and then trim off a little bit. A reasonable hold going forward.


Price:
$36.830
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
No
2014-05-22 TOP PICK Must be logged in to use chart IGM-T IGM Financial Inc.

Asset management companies, in general, are a good spot to be in at the moment. They have the consulting group of about 4500 that are wealth advisors throughout the country and provide financial planning and a high level of service to the clientele. They also have Mackenzie Financial, which has had some tough times over the last few years in terms of redemptions and performance. Also, have an independent planning group. Thinks we are at a point now where things are kind of firing on all cylinders for the 1st time in a while. Starting to see momentum turn up in sales. Markets are good and doing well. The management team is focused on reigniting growth.


Price:
$52.350
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
Yes
2014-05-22 COMMENT Must be logged in to use chart IPL-T Inter Pipeline

This has everything investors want, but they are pricey. Great company with great growth prospects. Their growth prospects are better than a lot of others because they only operate pipelines within very friendly jurisdictions. Low volatility of cash flow. Lots of growth opportunities. Yield of 4.1%.


Price:
$31.150
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
No
Showing 1 to 15 of 262 entries
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