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

Viewing Expert

Cole Kachur , Senior Wealth Advisor

ScotiaWealth Management


Date Signal Chart Symbol Company Opinion Price
2016-10-26 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market. The market is a little bit long in the tooth, but there are going to be opportunities for stocks to grind higher over the next 6-12 months. Doesn’t think a recession is imminent and equities are still going to be the preferred asset class for the next 6-12 months, but not a smooth ride up.


Price:
$0.020
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
_N/A
2016-10-26 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Energy. There is a major resistant point at around $51.67. Expects $45-$46 is the floor, but it is going to be hard to get over the $51.67 boundary, but will probably will take some OPEC help to get over that. Once we get over $51.67 he could see it easily moving to $60.


Price:
$0.020
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
_N/A
2016-10-26 COMMENT Must be logged in to use chart ABX-T Barrick Gold

Doesn’t have a lot of gold exposure except for this. Feels the name is going to continue to perform well.


Price:
$22.240
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
2016-10-26 BUY Must be logged in to use chart AQN-T Algonquin Power & Utilities Corp

Recently added this to his portfolio. Similar to Emera (EMA-T) or Fortis (FTS-T), it is in the power/utility space. Pays a yield of about 4.7%. They bought some assets in the US, so are diversifying their asset base a little. One thing with these defensive plays that are more yield oriented, the fear of interest rates has kind of gone up in the US, and stocks have come down a little. He can see 20% upside growth in this name.


Price:
$11.750
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
2016-10-26 TOP PICK Must be logged in to use chart BBD.B-T Bombardier Inc (B)

More for the high-risk investor as it is definitely a turnaround story. They have some financial concerns, and have gotten some help from the Québec government, and hopefully the federal government on their C series jets. The new management group has got costs under control and are getting orders on their aerospace and train divisions. He has a target of $2.75. If it got up to $2.40-$2.50, he would probably rebalance out some profit and keep a small portion.


Price:
$1.850
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
2016-10-26 COMMENT Must be logged in to use chart CCO-T Cameco Corporation

Will the lawsuit by the tax authorities create an opportunity for a long-term hold? For the last year or 2, the uranium spot price has been coming down. When you factor in the CRA dispute ($2 billion) it is hard for them to gain momentum. The spot price is currently threatening to drop below $10. Uranium spot prices are at their lowest level since 2005, and there is an oversupply in the market. Prices could go lower and he doesn’t see any catalyst for the company. If the CRA dispute goes away, that might be a catalyst, but it probably won’t finish until spring, so you probably have a good year in which to find a good entry point.


Price:
$10.620
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Unknown
2016-10-26 COMMENT Must be logged in to use chart CM-T Canadian Imperial Bank of Commerce

You can own banks generally any time, and are never going to get into too much trouble. The valuation has come down a little. It pays the highest dividend in the group. As an income investor, this is probably a good place to be. If looking for more growth, you could get BNS (BNS-T) or Royal (RY-T). He doesn’t see this area performing as well as last year; perhaps the dividend yield plus 3% or 4%, for a total return of 8%-9%.


Price:
$100.670
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Unknown
2016-10-26 DON'T BUY Must be logged in to use chart CNR-T Canadian National R.R.

Kind of a bellwether Canadian stock. Just reported, and earnings were good. They are starting to see a little bit of headwind from their grain capacity. Also, they are not getting some of the premiums that they got moving oil. A good company, but fully valued. He would look elsewhere.


Price:
$84.300
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Unknown
2016-10-26 DON'T BUY Must be logged in to use chart CXR-T Concordia Healthcare

The pharmaceutical space has not fared well in the US or Canada. This is a high debt company where the future is really uncertain. He doesn’t see any reversal to this major downtrend.


Price:
$5.200
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
No
2016-10-26 COMMENT Must be logged in to use chart DCI-T (Dead) DirectCash Payments Inc

An interesting business. Part of him feels there might be some regulation coming to ATM fees and some of the charges their go through them. He would prefer other areas.


Price:
$19.060
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
No
2016-10-26 HOLD Must be logged in to use chart DH-T DH Corporation

Down around 40% today, which seems a little extreme. Most analysts thought the quarter wasn’t going to be great. It is now going to be in a “prove it” mandate where they have to prove to shareholders that they can execute on their plan. The tone from management going into next year was not great. He wouldn’t be a buyer, but if you own he would hold and hope it would bounce back again.


Price:
$16.250
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Unknown
2016-10-26 HOLD Must be logged in to use chart EIF-T Exchange Income

This invests in aerospace businesses and manufacturing. The stock has had a good run over the last year of 50% or so. Any time you get a stock with that much appreciation, people sometimes get nervous and the stock will come down a little. A very well-run company.


Price:
$36.730
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
No
2016-10-26 DON'T BUY Must be logged in to use chart EMP.A-T Empire Company (A)

The space went on a pretty good run over the previous 6 months, so over the last month or so it has really come down a lot. Part of that is competition. Food deflation is a real thing where prices and margins are coming down. He would prefer either Loblaw’s (L-T) or Metro (MRU-T), but these could come down a little.


Price:
$19.190
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Unknown
2016-10-26 HOLD Must be logged in to use chart ENB-T Enbridge

He likes pipelines. This pays a nice dividend, and there are some nice growth prospects. They made the purchase of Spectra which will be closing in the next little while, which will add to the revenue stream, probably for the next 5 years.


Price:
$58.320
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
2016-10-26 TOP PICK Must be logged in to use chart ITP-T Intertape Polymer Group

Manufactures tape, plastics and packaging materials. About 90% of sales are in the US and Canada, but they’ve done a recent acquisition to get themselves into India, and are starting to expand more into Asian markets. They are projecting growth to go from about $780 million to $1.5 billion in the next 7 years. Dividend yield of 3.19%.


Price:
$22.940
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
Showing 1 to 15 of 29 entries
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