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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
2014-08-14 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  This year had lots of drama without the volatility.  Every draw down is met with a wall of buying.  We have a month and a half of a seasonally low period, but indicators tell him the smart money is going back into the market.  He wants to buy smartly and to buy on dips.  US economy is growing quickly enough to justify earnings.  Interest rates are going down because of plateauing global growth but earnings are trending up 8-9% in the US.  Capital flows are coming into the market and should drive it to an overvalued price.  US is the best looking developed country in the basket.


Price:
$0.020
Subject:
NORTH AMERICAN
Bias:
BULL on US EQUITIES
Owned:
_N/A
2014-08-14 DON'T BUY Must be logged in to use chart ACQ-T AutoCanada Inc.

The issue is that they are a consolidator.  The US side of the market is well defined, so in Canada they went from 0 to 50 dealerships in no time.  The question is what they can do now.  You are looking at dealership growth.  There is no more juice in their numbers.  The magic formula is falling away.  Wait until the shoulder forms and then sell into it.


Price:
$62.700
Subject:
NORTH AMERICAN
Bias:
BULL on US EQUITIES
Owned:
Unknown
2014-08-14 HOLD Must be logged in to use chart AIG-N American International Group

Does not follow it, but they were the premier insurance company in the group prior to 2008.  He would hold it.  He does not think these interest rates will say around forever and AIG will benefit well as soon as the rates go up.


Price:
$54.080
Subject:
NORTH AMERICAN
Bias:
BULL on US EQUITIES
Owned:
No
2014-08-14 TOP PICK Must be logged in to use chart AMTD-N TD Ameritrade Holding

(Top Pick Oct 1/13, Up 25.66%) They are a play on the equity market in general.  He got out and got back in in June.  He still likes it.  There has been a nice consolidation this year and it will benefit from a re-invigorated equity market.


Price:
$32.260
Subject:
NORTH AMERICAN
Bias:
BULL on US EQUITIES
Owned:
Yes
2014-08-14 STRONG BUY Must be logged in to use chart AVO-T Avigilon Corp

Reported numbers last week and they were pretty good.  One of the fastest organic companies he sees in Canada.  Targets have been taken down so momentum guys are getting out.  They are leaders in their space.  This is a very good buy here but there will be lots of volatility.  This is a very fast growing company.


Price:
$19.160
Subject:
NORTH AMERICAN
Bias:
BULL on US EQUITIES
Owned:
Yes
2014-08-14 HOLD Must be logged in to use chart BA-T Bell Aliant

Deal should complete in 6-8 months.  There is a big long process that has to happen.  BA-T holders should accept the deal. 


Price:
$30.550
Subject:
NORTH AMERICAN
Bias:
BULL on US EQUITIES
Owned:
Unknown
2014-08-14 HOLD Must be logged in to use chart BAC-N Bank of America

Does not make the cut for him.  The earnings profile is too volatile for him.  But it is a very inexpensive stock.  The sensitivity is the yield curve.  They don’t make as much margin as they should.  He also sees a heck of an M&A cycle.  He would continue to hold this.  3-5 years it should be a pretty nice performer.


Price:
$15.305
Subject:
NORTH AMERICAN
Bias:
BULL on US EQUITIES
Owned:
No
2014-08-14 BUY Must be logged in to use chart BAD-T Badger Daylighting

(Market Call Minute) It’s a trade.


Price:
$29.145
Subject:
NORTH AMERICAN
Bias:
BULL on US EQUITIES
Owned:
Unknown
2014-08-14 PAST TOP PICK Must be logged in to use chart BBD.B-T Bombardier Inc (B)

(Top Pick Oct 1/13, Down 18.56%) He underestimated the drag that the ‘C’ series would put on the stock.  He is looking at the free cash flow and wondering if they will have to raise more money.  This could be a good time to sharpen up your pencil on this one and he is looking at it right now.


Price:
$3.860
Subject:
NORTH AMERICAN
Bias:
BULL on US EQUITIES
Owned:
No
2014-08-14 DON'T BUY Must be logged in to use chart BCE-T BCE Inc.

BA-T is an okay deal for BCE.  He does not know what they are getting.  It is not very exciting for him in terms of BCE.  He is not sure where the organic growth is coming from.  Not sure what you get from the company going forward.


Price:
$48.500
Subject:
NORTH AMERICAN
Bias:
BULL on US EQUITIES
Owned:
Unknown
2014-08-14 DON'T BUY Must be logged in to use chart BNS-T Bank of Nova Scotia

This is the one back he has never owned.  They are one of the best run banks.  They are shrewd about going out into developing markets.  He is always on the sidelines because of a possible crisis with the Mexican peso. 


Price:
$72.750
Subject:
NORTH AMERICAN
Bias:
BULL on US EQUITIES
Owned:
No
2014-08-14 TOP PICK Must be logged in to use chart CGX-T Cineplex Inc

SHORT.  It is a short trade.  They have done a fantastic job revamping the company and it is a fantastic company but attendance for movie goers is dropping.  He fails to see their numbers going a lot higher at Christmas time.  People don’t go to see movies in good times, as much as recessions.


Price:
$40.620
Subject:
NORTH AMERICAN
Bias:
BULL on US EQUITIES
Owned:
Yes
2014-08-14 PARTIAL SELL Must be logged in to use chart CM-T Canadian Imperial Bank of Commerce

One of the slower growing banks but with a higher dividend.  He likes to buy it on dips but has not owned it for almost a year now.  It is the one that will run into any issue that is out there.  They have repositioned to be much safer recently.  All of the Canadian bank CEOs are retiring this year.  They want to ring the bell and get out while things are really good. He doesn’t know if the Canadian banks are going to go higher right now.  Consider US banks for diversification.


Price:
$101.800
Subject:
NORTH AMERICAN
Bias:
BULL on US EQUITIES
Owned:
No
2014-08-14 BUY Must be logged in to use chart DHX-T DHX Media

Likes the business model.  They are more about the online space now.  Bringing their library to YouTube and getting royalties from advertizing.  They know the space incredibly well.  One of the better growing media companies in Canada.  At $8.50 or $9 he would consider taking profits and buying back on a dip.


Price:
$7.090
Subject:
NORTH AMERICAN
Bias:
BULL on US EQUITIES
Owned:
Unknown
2014-08-14 BUY Must be logged in to use chart EFN-T Element Financial

(Market Call Minute) Addresses a space that the banks exited.


Price:
$14.840
Subject:
NORTH AMERICAN
Bias:
BULL on US EQUITIES
Owned:
No
Showing 1 to 15 of 207 entries
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