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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
2015-05-28 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  The underlying constant is the growth. The oil fall has given cover and inflation and Cap X have come down, but underlying things are quite strong.  He sees an overheated economy next year, primarily in the US.  There will be an 8 month lag for Canada.  The balance sheet of the average consumer in the US is actually quite healthy.  Inflation can be an incentive for people to make major purchases before the price goes up next year.  He sees growth rather than defense.  He is out of anything that has done well over the last 5 years. 


Price:
$0.020
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
_N/A
2015-05-28 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

When you buy back your stock it is a tax effective way of increasing your earnings per share.  He prefers dividend raises because he believes when boards raise a dividend they ask 3-5 years out how sustainable that is, whereas a buy back is immediate. 


Price:
$0.020
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
_N/A
2015-05-28 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Short Sales of Stocks.  The stocks he shorts are large and liquid.  If there was a technical squeeze and there is not enough stock to borrow, your broker might demand it returned.  This never happens in the large caps.  When you go to borrow for a short sale.  You want to do it from a larger broker. 


Price:
$0.020
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
_N/A
2015-05-28 PAST TOP PICK Must be logged in to use chart AVO-T Avigilon Corp

(Top Pick June 20/14, Down 21.10%) Every time the CEO speaks there is controversy.  After the past quarter it was down 20% and he saw multiple buyers on the stock so that told him something positive was happening.


Price:
$18.060
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2015-05-28 DON'T BUY Must be logged in to use chart BMO-T Bank of Montreal

He does not mind it here.  It is okay.  They have a good dividend yield.  The risk is that we have a recession that causes a consumer recession and then loan losses come back and bite them.  He prefers US banks.  He prefers TD-T and RY-T and then perhaps NA-T in Canada.


Price:
$77.110
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
No
2015-05-28 BUY Must be logged in to use chart CAE-T CAE Inc

He likes it and thinks it is a good buy here.  It has done okay.  He bought it in the fall and was patient.  They are a Canadian manufacturer that has leadership in their space and benefit from the rising US dollar.  You should see 8 to 10% earnings growth over the next 3 to 5 years.


Price:
$14.970
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2015-05-28 WAIT Must be logged in to use chart CHC-X CHC Student Housing Corp.

They are a small cap REIT.  For the most part he is not interested in REITs.  These guys go to university towns and reformat buildings to facilitate university residence.  Their big competitor is the university itself, which find buildings cost too much when you consider the services to operate residences.  This business model has been exploited in the US and UK and thinks it is coming to Canada.  There is a new stock issue coming and it appears to be an attractive business model.  Talk to your advisor.  No yield yet and highly illiquid.  Don’t buy it today, but wait for the new issue.  Their returns per unit of housing are quite high.


Price:
$7.900
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Unknown
2015-05-28 DON'T BUY Must be logged in to use chart CP-T Canadian Pacific Rail

TCK.B-T is pulling back on coal shipments, announced today.  You have a lot of time before you buy into CP-T.  It is very expensive.  He admires management and had a positive oil market work in his favour.  Commodities are starting to work to their disadvantage now.  He is very cautious on the stock.  Now is the time to take your profits if you held it over the last few years.


Price:
$208.800
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Unknown
2015-05-28 SHORT Must be logged in to use chart EMA-T Emera Inc

Stock vs. Stock.  FTS-T vs. EMA-T.  He is short both.  Utilities are overvalued.  They are very levered.  EMA-T has more organic opportunity.  He would not be in either and is short both.  If you have to be long, get EMA-T.


Price:
$41.410
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2015-05-28 PAST TOP PICK Must be logged in to use chart ENB-T Enbridge

(Top Pick June 20/14, Down 21.60%) The earnings have come in just fine, perhaps just slightly disappointing.  They have initiated a tax arbitrage so they can stream more earnings to their shareholders by moving assets down.


Price:
$60.490
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2015-05-28 PAST TOP PICK Must be logged in to use chart ET-T Evertz Technologies Ltd.

(Top Pick June 20/14, Down 6.29%) 4% dividend.  They are leaders.  They follow election and Olympic cycles and we have seen none of these this year.  He would hold on to it.  He has added in fact.


Price:
$16.000
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2015-05-28 SHORT Must be logged in to use chart FTS-T Fortis Inc.

Stock vs. Stock.  FTS-T vs. EMA-T.  He is short both.  Utilities are overvalued.  They are very levered.  EMA-T has more organic opportunity.  He would not be in either and is short both.  If you have to be long, get EMA-T.


Price:
$38.110
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2015-05-28 BUY Must be logged in to use chart GE-N General Electric

Covers the world.  Management has refocused their efforts and got out of several lines.  They really cleaned up their act.  They are THE industrial play in the world.  They have good technology.


Price:
$27.630
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Unknown
2015-05-28 HOLD Must be logged in to use chart GIB.A-T CGI Group (A)

They are hoping on an acquisition.  They want to bring in margins and raise the margins of their acquirer.  He expects it to happen in the next 6 months.  You might have to wait for a catalyst.


Price:
$52.650
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Unknown
2015-05-28 HOLD Must be logged in to use chart HCG-T Home Capital Group

It is okay to hold this stock.  It is a derivative of oil because of the momentum out of Western Canada.  He thinks we are at $50-60 this year and $60-70 next year.  At that rate Calgary will do ‘okay’.  Then there will always be a discount on this stock.  He was short at the beginning of this year, but is not any longer.


Price:
$42.200
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
No
Showing 1 to 15 of 314 entries
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