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

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James Telfser , Portfolio Manager

Caldwell Investment Manager


Date Signal Chart Symbol Company Opinion Price
2014-10-24 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. Built up a fair amount of cash leading to the correction and has now put some of this to work. Had taken some of his cues from the market on the US treasury side. Also, just following the technicals in the market, he saw a couple of big rallies into the close in the US, and it looked like the market wanted to go a little bit. Also, there was a positive in the number of people being fired in the US. It was more of a tactical decision where he thought the market had overshot on the down side. Has been trimming some of those positions in the last couple of days. Doesn't think we are going to get back to new highs. We have come a long way off from the bottom, so it is prudent to take some money off the table, especially the way the oil price has been struggling.


Price:
$0.020
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
_N/A
2014-10-24 HOLD Must be logged in to use chart AC-T Air Canada (B)

Generally likes the airlines. Cdn$ has been causing a bit of headwind, and is not quite being offset by fuel prices. If you step back from all the short-term moves, such as jet fuel and currency, they have been doing some great things. They are really revamping their business. For the last 3 months their numbers have been out of the park. Expects this quarter is going to be a good one.


Price:
$8.590
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
No
2014-10-24 COMMENT Must be logged in to use chart ACQ-T AutoCanada Inc.

Valuation is better than it was at $90. The story is that they need to make acquisitions to grow into the multiple that they are at. He would argue that a rollup is great, but there comes a point when rollups aren’t great any more. It is hard to find acquisitions and hard to integrate them into the business successfully. Doesn't feel this is in the top 20 names in Canada that you should hold. Looks a lot more attractive for a trade rather than something that he would want to hold for the next 12 months.


Price:
$58.970
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
No
2014-10-24 COMMENT Must be logged in to use chart AVO-T Avigilon Corp

High definition cameras. Loves to follow this name. Had been Short this not too long ago. Feels it might be in for trouble in the near-term. Any time you have a company that has a product or service that is not too difficult to replicate, you know their competitors are going to try to copy. High levels of revenue growth are built into the stock, and he tries to stick to the value side of things which gives you a margin of error.


Price:
$15.320
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
No
2014-10-24 BUY Must be logged in to use chart BAM.A-T Brookfield Asset Management (A)

Sold off from its highs of $55. An interesting play that he likes. You are getting real estate, infrastructure, utilities and into the asset management side of their business. Very defensive type business model.


Price:
$52.760
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Yes
2014-10-24 HOLD Must be logged in to use chart BBD.B-T Bombardier Inc (B)

A lot of people are Short on this. If they can have a nice earnings beat, he thinks there could be a very nice pop on the stock. If you own, he would not be selling, but holding to see how this quarter goes. The Cdn$ actually benefits a company like this.


Price:
$3.830
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
No
2014-10-24 COMMENT Must be logged in to use chart BMO-T Bank of Montreal

Nothing has changed much for the banks, and he has been gun shy for the last year thinking they were going to slip on some of their earnings announcements. They haven't yet. He took a small position in this because of their US exposure. Mortgage rates keep going down, which should be a boost to the banks.


Price:
$81.510
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Yes
2014-10-24 WATCH Must be logged in to use chart CAM-T Canam Group Inc.

Makes bridges and industrial buildings. This has had a bit of a wild ride. Had 2 quarters where they really disappointed. The 1st quarter this year was weather related, and this last quarter they missed expectations because their back log was too big. Margins got squeezed and they weren’t getting the amount of work done. They have to hire a lot of people to get through that back log. If you hold this name, watch next week when they report to see where this company goes. He thinks it was just 2 short term misses. He has a lot of faith in management.


Price:
$11.320
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Yes
2014-10-24 PAST TOP PICK Must be logged in to use chart CCL.B-T CCL Industries (B)

(A Top Pick Nov 26/13. Up 36.9%.) Labels. Growth will be about 3%. Considers this as an anchor position in his portfolios. This gives a lot of kickers, in that they can make acquisitions. Generates a lot of cash. Every acquisition they have made has been hugely accretive.


Price:
$114.500
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Yes
2014-10-24 PAST TOP PICK Must be logged in to use chart CDV-T Com Dev International Ltd.

(A Top Pick Nov 26/13. Down 5.69%.) Sold his holdings but is now back into it at lower levels. A very lumpy business where you are selling big projects. All the budget constraints on satellites in the US affected them. To offset that, there is positive news coming out of their ExactEarth, which tracks ships, etc. all over the globe through satellite.


Price:
$3.670
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Yes
2014-10-24 BUY on WEAKNESS Must be logged in to use chart CLR-T Clearwater Seafoods Inc.

A very interesting consumer staple name in Canada which has good upside. Pricing has been very firm on shellfish. This company has a very defined growth strategy, looking for new quotas or companies they can buy to get more supply, to be able to sell more. In the meantime, you are getting a company that generates a reasonable amount of cash. They pay a little dividend, and it is not a bad business to be in. Defensive in that they sell globally. Demand for seafood is picking up. He would wait for a bit of a pullback.


Price:
$11.240
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Unknown
2014-10-24 DON'T BUY Must be logged in to use chart CPX-T Capital Power

For a long time hold, this is probably one of the better utility names that he likes. A good play. Power prices have been quite low in Alberta where they have a lot of their business. Struggled in this most recent quarter and got hit pretty hard for a utility. A more interesting name, that has more upside in the next 6 to 24 months, would be Brookfield Asset Management (BAM.A-T).


Price:
$25.870
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
No
2014-10-24 DON'T BUY Must be logged in to use chart DHX.B-T DHX Media

Valuation on this is too rich for him. They are building in a lot of the positive news that has happened. It has been a good story.


Price:
$8.980
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
No
2014-10-24 HOLD Must be logged in to use chart ECA-T Encana Corp

Has been impressed with this company. All the deals they have been doing recently to transform themselves into what it is today, is going to be good for them in the long run. Balance sheet is a lot cleaner now than it used to be. They are executing on the plan that they set out for themselves. Would look at this one if the market started to turn around.


Price:
$20.630
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
No
2014-10-24 HOLD Must be logged in to use chart EFN-T Element Financial

Great story. Doesn't hold, but one of the ones that are at the top of his radar. Looks interesting where it is trading. Made some big deals. He likes companies that make transformational deals where the market is not giving credit. Analysts’ estimates revisions have been very high. A little higher on evaluation side than where he wants to be, so hasn't pulled the trigger yet.


Price:
$12.840
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
No
Showing 1 to 15 of 268 entries
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