Viewing Expert Kash Pashootan | StockChase
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Compiling comments that experts make about stocks while on public TV.

Viewing Expert

Kash Pashootan , Sr. VP & Portfolio Manager

First Avenue Advisory, Raymond James


Date Signal Chart Symbol Company Opinion Price
2017-07-04 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market. His portfolios have been 2/3 US and 1/3 Canada since 2012. The US provides more diversity and you don’t live and die by what happens to commodities. How do you partition a portfolio for a continued upside we have seen, but at the same time, position portfolios to be able to weather a correction? He starts with a conservative mandate, so all his positions are dividend paying names, and never has more than 5% in any one name. He has about 5% cash, and since February has had about a 5% weighting in gold bullion. Bought that unhedged, which has given him an external layer of return. The 5% cash and 5% gold is his defence, because in this type of market, you have to be very careful. With 5% cash, you can still beat the market with good stock picking. He stays away from China and India, and really focuses on developed markets. When you go into emerging market countries, you take on a few layers of extra risks, such as validity of their accounting standards or regulations.


Price:
$0.020
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
_N/A
2017-07-04 COMMENT Must be logged in to use chart AGU-T Agrium

The merger with Potash (POT-T) was really necessary. If you are going to own an agricultural stock, this is the one to own. Agrium has the retail side which gives some insulation. The bigger challenge for potash is that there is still a lot of supply out there. Supply needs to come down to give some breathing room for the commodity price to actually rise. Trading at about 18X PE with a yield of about 4%. He would like to see this considerably cheaper given the uncertainty with commodity prices.


Price:
$118.730
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
No
2017-07-04 COMMENT Must be logged in to use chart BAC-N Bank of America

Up about 85% over the last 52 weeks. These banks just went through some stress testing, with very positive results resulting in dividend increases. He prefers regional banks. If you are going into financials, you want 2 or 3 at least in order to have some diversification. (See Top Picks.)


Price:
$24.680
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
No
2017-07-04 PAST TOP PICK Must be logged in to use chart CJR.B-T Corus Entertainment (B)

(A Top Pick April 21/16. Up 27.83%.) Had felt the fears around “pick and pay” were overdone. This company has done a good job in cleaning the business up and focusing on what they want the company to look like going forward. At this point, they have a lot of work to do to get to the 2nd stage.


Price:
$13.650
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
No
2017-07-04 COMMENT Must be logged in to use chart CM-T Canadian Imperial Bank of Commerce

When talking about any Canadian banks, you have to look at them in conjunction to your overall portfolio have. Also, what percentage of your overall portfolio is it. This is trading at a discount at 10X PE. They have a US acquisition that is still in very early stages, and you have to figure out what that is going to look like down the road. Over the long-term, you should do very well on this. (See Top Picks.)


Price:
$106.150
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
Yes
2017-07-04 COMMENT Must be logged in to use chart COST-Q Costco Wholesale

Can this compete with Amazon (AMZN-Q)? If there is one name that can compete with them, it is this one. They are able to cross sell products. It is one of the few retailers that has done exceptionally well. Trading at around 28X PE, which is expensive, but continues to set new highs and go higher. Dividend yield of about 1.25%. A tough place to be if the stock goes sideways. About 25% of revenue comes from membership fees, which is a little bit of concern, because with 80 million members, how much more can they grow in this area.


Price:
$158.820
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
No
2017-07-04 COMMENT Must be logged in to use chart ECI-T EnerCare Inc

Basically 1/3 sub metering and 2/3 home services. A great business. Their acquisition strategy has really been paying off and has been getting them into the US. On sub metering, they have focused on going to a recurring revenue model by encouraging rentals as opposed to purchasing. He looks on this as a utility.


Price:
$19.810
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
No
2017-07-04 PAST TOP PICK Must be logged in to use chart FAF-N First American Corp.

(A Top Pick April 21/16. Up 30.91%.) This is focused on primarily housing insurance. A great way to participate in the US housing market and rising interest rates.


Price:
$44.730
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
Yes
2017-07-04 TOP PICK Must be logged in to use chart FAF-N First American Corp.

This gives you exposure to US housing given the type of insurance they offer, being Title insurance. As rates go up in the US, these insurance companies participate in that. A conservative business with a strong balance sheet. Dividend yield of 3%. (Analysts’ price target is $48.)


Price:
$44.730
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
Yes
2017-07-04 COMMENT Must be logged in to use chart GE-N General Electric

They took a huge risk buying the French engineering company a few years ago. So far, so good. What they are doing now with Baker Hughes is a huge risk. This is part of their transition away financial services. There is a lot of uncertainty around these big moves that they are making. He is bearish on energy and commodities.


Price:
$27.450
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
No
2017-07-04 PAST TOP PICK Must be logged in to use chart MCD-N McDonalds

(A Top Pick April 21/16. Up 25.71%.) For him, this was a value play. With all of the negative press it had, the stock didn’t move much last year. He would be very comfortable buying back in if it got a little cheaper.


Price:
$152.500
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
No
2017-07-04 HOLD Must be logged in to use chart MG-T Magna Int'l. (A)

This is cheap, and as part of a portfolio, it still makes sense. Trading at around 8X. The valuation is ultra low. Dividend yield of 2.3%.


Price:
$59.900
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
Yes
2017-07-04 COMMENT Must be logged in to use chart NFI-T New Flyer Industries Inc.

This has basically been a one-way road, and that has been up. Whenever you see stocks that have moved up as significantly as this, you have to position yourself for some sort of correction. They have lots of operations in the US and are not going to be affected by tariffs. Dividend yield of 2.4%.


Price:
$53.450
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
Yes
2017-07-04 PARTIAL BUY Must be logged in to use chart SBUX-Q Starbucks

A great business. They’ve done an excellent job at creating a cult-like following. Started with the Starbucks card, and more than a 3rd of all transactions are done with the card. They are innovating. The mobile order and pay has really taken off. Some locations also have wine and beer. It is not just a coffee shop, it’s a coffee shop that is continuing to innovate and work itself into different occasions. However, you pay a high multiple for it, but he thinks it is worth it. Trading at about 28X with a yield of about 1.8%. You could take a half position and wait for some weakness.


Price:
$58.250
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
No
2017-07-04 TOP PICK Must be logged in to use chart SU-T Suncor Energy Inc

He’s been very light in this space for several years now, and started to add this about a year ago. Although he doesn’t believe oil is going up anytime soon, you want to have some exposure, and this is a conservative way of having some. Dividend yield of 3.4%. (Analysts’ price target is $50.)


Price:
$37.540
Subject:
NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias:
UNKNOWN
Owned:
Yes
Showing 1 to 15 of 567 entries
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