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

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Gavin Graham , President

Graham Investment Strategy


Date Signal Chart Symbol Company Opinion Price
2014-09-16 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. Thinks valuations are rich when looking at the PE’s, certainly in the US where it is 19.5 on the S&P and 23-24 for NASDAQ. Earnings growth has been okay, but nothing special. The moves that we have seen in the market over the last year have effectively been valuations being more highly rated or investors being willing to more highly value the earnings. He thinks it is vulnerable. If there were any likelihood of interest rates going much higher, people would start to draw in their horns. Doesn’t expect the Fed will drop interest rates at this time. What they have been doing is taking the $10 billion out of the QE4, and we are pretty close to taking all stimulus out.

Expects much higher volatility, especially given the record levels of margin debt, high valuations and the time of the year. It is amazing, with the geopolitical uncertainty, that the markets keep going. A pretty good time to take some of your profits.


Price:
$0.020
Subject:
GLOBAL
Bias:
CAUTIOUS
Owned:
_N/A
2014-09-16 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

US banks? Has never been a big fan of US banks, because they did much worse than Canadian banks. Most of them cut their dividends and have the weight of the government regulation bearing down on them as well as enormous fines. Of them, Wells Fargo (WFC-N) has been consistently the best run. If you have to buy one, buy Wells Fargo.


Price:
$0.020
Subject:
GLOBAL
Bias:
CAUTIOUS
Owned:
_N/A
2014-09-16 DON'T BUY Must be logged in to use chart AC-T Air Canada (B)

(Market Call Minute.) This is the end of an economic expansion, but it still has a high cost structure. If you want to be in a Canadian airline, be in Westjet (WJA-T).


Price:
$8.960
Subject:
GLOBAL
Bias:
CAUTIOUS
Owned:
Unknown
2014-09-16 DON'T BUY Must be logged in to use chart ATP-T Atlantic Power Corp.

They have slashed the payout and are now trying to sell themselves. The stock price has just plummeted. This is the problem with these former income trusts with very high payout ratios. In the end you have to ask is it well covered and what is the percentage that is being paid out.


Price:
$2.810
Subject:
GLOBAL
Bias:
CAUTIOUS
Owned:
Unknown
2014-09-16 DON'T BUY Must be logged in to use chart BX-N Blackstone Group LP

Private equity companies are enormously profitable and really cheap because the difficulty is that it is really “deal flow” (?) for them. They cash in on some of their private equities. When you have a strong market like we have had over the last couple of years, you can float stuff off. There have been a raft of IPOs at very good valuations, and the private equity guys have been raking in even more, which is why they are at low valuations. This is probably not the right time to be in any of them.


Price:
$32.500
Subject:
GLOBAL
Bias:
CAUTIOUS
Owned:
Unknown
2014-09-16 COMMENT Must be logged in to use chart CCO-T Cameco Corporation

Still way below where it was back in 2010-2011. This is a reasonable entry point, if you believe uranium prices are going to remain at this higher level. They also might finally get some growth in production bringing on its new mines.


Price:
$21.040
Subject:
GLOBAL
Bias:
CAUTIOUS
Owned:
Unknown
2014-09-16 TOP PICK Must be logged in to use chart CJR.B-T Corus Entertainment (B)

This is the content part of the Shaw family of companies. Children’s and women’s programming. Stock price hasn’t done a great deal in the last year. Raises its dividend consistently, and has bought a couple of French language channels in a couple of radio stations. It is now the 2nd largest French language producer of content. Trading at around 12X this year’s earnings. Yield of 4.43%.


Price:
$24.610
Subject:
GLOBAL
Bias:
CAUTIOUS
Owned:
Yes
2014-09-16 COMMENT Must be logged in to use chart CNQ-T Canadian Natural Rsrcs

This, along with Suncor (SU-T) are probably the 2 premier energy stocks. Has done well this year, but has been peaking out in the last year. The cyclicality is such that this is the right time of the year.


Price:
$45.740
Subject:
GLOBAL
Bias:
CAUTIOUS
Owned:
Unknown
2014-09-16 BUY Must be logged in to use chart CNR-T Canadian National R.R.

(Market Call Minute.) Yield of about 1.3%, but it keeps making its dividend and the stock price does really well. Really well-run.


Price:
$80.720
Subject:
GLOBAL
Bias:
CAUTIOUS
Owned:
Unknown
2014-09-16 PAST TOP PICK Must be logged in to use chart CPA-N Copa Holdings

(A Top Pick Sept 13/13. Down 13.45%.) Panamanian airline, the largest in Latin America. Very well run. Growth has been slower because of the Venezuelan situation. Still likes.


Price:
$116.620
Subject:
GLOBAL
Bias:
CAUTIOUS
Owned:
Yes
2014-09-16 COMMENT Must be logged in to use chart CSCO-Q Cisco

This was the Apple (AAPL-Q) in its day back in 2000 and is still below where it was. However, it is a really well run company and has loads of cash. Looks like demand on the front end is dropping off somewhat. This may be the time to move out of large-cap tech and move into something like the oils or something a little more defensive. 3% dividend return.


Price:
$25.220
Subject:
GLOBAL
Bias:
CAUTIOUS
Owned:
Unknown
2014-09-16 COMMENT Must be logged in to use chart CVE-T Cenovus Energy

Will it spin off its royalty assets? A number of companies have done so and the market is prepared to pay up. This company could do so. This has quite a good growth profile. He would prefer Suncor (SU-T) and Canadian Natural Resources (CNQ-T).


Price:
$33.460
Subject:
GLOBAL
Bias:
CAUTIOUS
Owned:
Unknown
2014-09-16 BUY Must be logged in to use chart CWB-T Canadian Western Bank

Likes this. Has been a consistently successful operation. It’s in the fastest-growing economy of Alberta and the Prairies.


Price:
$40.350
Subject:
GLOBAL
Bias:
CAUTIOUS
Owned:
Unknown
2014-09-16 PAST TOP PICK Must be logged in to use chart CWW-T iShares S&P Global Water E.T.F.

(A Top Pick Sept 13/13. Up 21.66%.) ETF on water related companies. This is a big, long-term trend. Half of this is utilities and half of it is water purification equipment manufacturers. This is one that you can stick in your bottom drawer for 5 years and it will do very nicely.


Price:
$23.770
Subject:
GLOBAL
Bias:
CAUTIOUS
Owned:
Yes
2014-09-16 BUY Must be logged in to use chart DH-T DH Corporation

(Market Call Minute.) Have effectively become a mortgage processor, a very successful move.


Price:
$33.300
Subject:
GLOBAL
Bias:
CAUTIOUS
Owned:
Unknown
Showing 1 to 15 of 2,971 entries
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