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

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Patrick Horan , Portfolio Manager

Agilith Capital Inc

Address
Victor Building
80 Richmond St W, Suite 203
Toronto, ON
M5H 2A4

Contact Info
Telephone: 416-915- 0284
Email:
Website: http://www.agilith.com

Bio:

Bottom-up investor


Date Signal Chart Symbol Company Opinion Price
2014-06-20 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. His analysis goes back to March 2009, and he feels we are only 5 years into this Bull market. Feels this is a secular bull market so therefore it has to be a decade long. From that point, the disparity of returns from equities versus bonds had never been bigger since the Great Depression. Even though it was tremendously bearish, there was only one way to alleviate pressure between bonds and equities, and that was for equities to go up and bonds to go down. Therefore his call is to be Long equities and Short bonds. This year, there has been different parts of the market that have sold off, which gave him opportunities to go a little bit more Long on stuff that he wasn’t expecting to be able to do until after a correction happened. He is about 90% Long. He has about 10% cash waiting for something to happen over the summer.


Price:
$0.020
Subject:
NORTH AMERICAN
Bias:
BULLISH
Owned:
_N/A
2014-06-20 TOP PICK Must be logged in to use chart AVO-T Avigilon Corp

Thinks this is a misunderstood story. This is the early, early stage of the video surveillance market. They have less than 2% of the market share. This is a systems player and are trying to be the gorilla in the space. He thinks they are going to be the gorilla. This could be a potential 5 or 6 bagger. It is not a demanding multiple for the kind of growth they can exhibit.


Price:
$23.320
Subject:
NORTH AMERICAN
Bias:
BULLISH
Owned:
Yes
2014-06-20 BUY Must be logged in to use chart BAC-N Bank of America

Likes the company and what is going on. Thinks the worst is a couple of years behind them now. Hasn’t performed all that well this year so far. Yield curve has flattened out, which doesn’t speak well for a retail banks earnings. This is well priced here and he would be a Buyer.


Price:
$15.450
Subject:
NORTH AMERICAN
Bias:
BULLISH
Owned:
No
2014-06-20 PAST TOP PICK Must be logged in to use chart BBD.B-T Bombardier Inc (B)

(A Top Pick in June 5/13. Down 18.64%.) Aerospace market was doing very, very well and he thought this would follow. C series did not work out. Sold his position in January.


Price:
$3.840
Subject:
NORTH AMERICAN
Bias:
BULLISH
Owned:
No
2014-06-20 BUY Must be logged in to use chart CAE-T CAE Inc

He would like to be able to get this at $13. Has really stalled out so far this year. Things are going well for them. Flight simulator sales are going well. Thinks there are still concerns on the military side. Good company and they operate well.


Price:
$14.260
Subject:
NORTH AMERICAN
Bias:
BULLISH
Owned:
No
2014-06-20 HOLD Must be logged in to use chart CDV-T Com Dev International Ltd.

Satellites are making a comeback right now. This company has 2 pieces, a marine service constellation that helps navigate ships, as well as transponders that go on to high definition satellites for televisions. Both are fairly well placed here. Stock has had a tough time because management has been on the bleeding edge of the Marine technology development. Thinks they’re getting some traction and he is starting to watch the stock.


Price:
$4.210
Subject:
NORTH AMERICAN
Bias:
BULLISH
Owned:
No
2014-06-20 DON'T BUY Must be logged in to use chart CSU-T Constellation Software Inc.

The CEO is trying to be one of the few guys that actually can make an acquisition story work long term. They are going through trials right now because they issued a dividend and are now talking about possibly re-tracking it back if a bigger company came along that he could acquire. You can only acquire so fast, and then you’ve got problems and issues and legacies of stuff you are acquiring.


Price:
$248.530
Subject:
NORTH AMERICAN
Bias:
BULLISH
Owned:
No
2014-06-20 BUY Must be logged in to use chart EFN-T Element Financial

Was in this briefly. Thinks this is a good time to buy the stock. Banks have effectively abandoned the small/medium sized asset market. There are good earnings there. This is a growth stock and you are getting it pretty cheap. His preference is to own financials that are credit exposed to the US market.


Price:
$13.300
Subject:
NORTH AMERICAN
Bias:
BULLISH
Owned:
No
2014-06-20 TOP PICK Must be logged in to use chart ENB-T Enbridge

Short Has had a Short on for about 3 years now. Had completely underestimated the skepticism of this market and how it was looking for a defensive, dividend growth. Trading at almost 25X earnings. They’ve had some really aggressive dividend raises of 5%-10% over the past 3 years. However, with that, they’ve also had capital raises. It makes no sense to him why a company would increase its dividend, and at the same time, go and issue more shares.


Price:
$51.090
Subject:
NORTH AMERICAN
Bias:
BULLISH
Owned:
Yes
2014-06-20 TOP PICK Must be logged in to use chart ET-T Evertz Technologies Ltd.

They do technology for broadcasters, such as multitasking, high definition globally and 4K. This will be new reasons for companies like NBC, CBS, etc. to spend. Probably one of the best companies in their space. They are also going to have leverage from a weakening Cdn$.


Price:
$17.670
Subject:
NORTH AMERICAN
Bias:
BULLISH
Owned:
Yes
2014-06-20 PAST TOP PICK Must be logged in to use chart FTS-T Fortis Inc.

(A Top Pick in June 5/13. Down 7.44%.) Short. This didn’t work out. The market has been very defensive this year. Had thought bond yields were going to go higher. He is continuing to Short the stock.


Price:
$32.250
Subject:
NORTH AMERICAN
Bias:
BULLISH
Owned:
Yes
2014-06-20 BUY Must be logged in to use chart IGM-T IGM Financial Inc.

This is a good company. Very well-managed. Their fund performance is decent. He was hoping for a share buyback. 4% dividend yield. You will do well with the stock.


Price:
$50.740
Subject:
NORTH AMERICAN
Bias:
BULLISH
Owned:
Yes
2014-06-20 DON'T BUY Must be logged in to use chart MIC-T Genworth MI Canada Inc.

Would be really cautious on this. Had a very good run. The story has been leveraged on the government’s CMHC program clawing back and allowing them to really prosper, which he thinks it can do. But, at the end of the day, you’re taking consumer credit risks. From the macro numbers he sees, that gives him pause. Also, it is a little on the expensive side.


Price:
$37.750
Subject:
NORTH AMERICAN
Bias:
BULLISH
Owned:
No
2014-06-20 PAST TOP PICK Must be logged in to use chart MRE-T Martinrea

(A Top Pick in June 5/13. Up 27.12%.) Saw this as far too valuable to sit at the low price it was.


Price:
$12.270
Subject:
NORTH AMERICAN
Bias:
BULLISH
Owned:
Yes
2014-06-20 COMMENT Must be logged in to use chart SCU-T The Second Cup Ltd

It is hard to follow this story as there isn’t any analyst coverage on it. Doesn’t look like things are going well. There is a bit of a coffee war going on between McDonalds, Starbucks and Tim Horton’s. Today’s move by the federal government, restricting foreign workers, could hurt the coffee people in particular. If you own, he would look to trying to get yourself out of it.


Price:
$4.380
Subject:
NORTH AMERICAN
Bias:
BULLISH
Owned:
No
Showing 1 to 15 of 182 entries
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