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| Date | Signal | Symbol | Company | Opinion | Price |
|---|---|---|---|---|---|
| 2013-01-18 | N/A | A Commentary | A Comment -- General Comments From an Expert |
Markets. Market valuations overall, particularly in the US, are at little on the elevated side. Believes that all this global quantitative easing stuff are going to keep values up and we are going to find out it is not a “stock market” but is a “market of stocks”. Feels there are some sectors that you can do well in this year. Thinks there is a bubble forming in the income stocks. People are so starved for yield that they are starting to reach for it. Tweet finance |
Price: $0.020 Subject: NORTH AMERICAN - LARGE Bias: OPTIMISTIC Owned: _N/A |
| 2013-01-18 | TOP PICK | ABX-T | Barrick Gold |
With all of the quantitative easing kicking around, (Japan, US, Europe and the UK), you have to believe that major global currencies are not going to get any better. Trading at 1.25X Book is as cheap as it has been in the past 30 years. Dividend yield of 2.38%. Wouldn’t be surprised if it got 15%-20% higher from here. Tweet finance |
Price: $33.750 Subject: NORTH AMERICAN - LARGE Bias: OPTIMISTIC Owned: Yes |
| 2013-01-18 | SELL | ACO.X-T | Atco Ltd |
(Market Call Minute.) Problem is that it owns Canadian Utilities (CU-T) which is trading up at a 30 year valuation high, very expensive and he wouldn’t hold either one. Tweet finance |
Price: $83.810 Subject: NORTH AMERICAN - LARGE Bias: OPTIMISTIC Owned: No |
| 2013-01-18 | WAIT | BB-T | BlackBerry |
January 31 before the new phone BB10 comes out. We need to know that there is a phone and it will actually be issued. Secondly we don’t know how the phone is going to go over but he suspects that there will be huge latent demand from Blackberry enterprise users. Stock has moved very close to his target of $18 but now he wants to sit back and wait and see. Tweet finance |
Price: $15.710 Subject: NORTH AMERICAN - LARGE Bias: OPTIMISTIC Owned: Unknown |
| 2013-01-18 | TOP PICK | BMO-T | Bank of Montreal |
About the cheapest of the banks and the best yielding at 4.58%. Recently has been catching up to some of the others. Wouldn’t be surprised if it got 15%-20% higher from here. Tweet finance |
Price: $63.230 Subject: NORTH AMERICAN - LARGE Bias: OPTIMISTIC Owned: Yes |
| 2013-01-18 | HOLD | CCO-T | Cameco Corporation |
(Market Call Minute.) Continues to ooze lower. Has had a nice rally but probably because of Uranium One (UUU-T) takeover as much as anything else. Historically cheap and looks okay but still doesn’t see where the momentum is. Tweet finance |
Price: $21.350 Subject: NORTH AMERICAN - LARGE Bias: OPTIMISTIC Owned: Unknown |
| 2013-01-18 | COMMENT | CFP-T | Canfor Corp |
Forest stocks are all riding a real burst of optimism, particularly in the housing market. This one is not cheap. Be aware that you are kind of riding closer to the speculative end of the valuation spectrum. Tweet finance |
Price: $18.420 Subject: NORTH AMERICAN - LARGE Bias: OPTIMISTIC Owned: Unknown |
| 2013-01-18 | PAST TOP PICK | DH-T | Davis and Henderson |
(A Top Pick Jan 10/12. Up 28.43%.) Tweet finance |
Price: $21.390 Subject: NORTH AMERICAN - LARGE Bias: OPTIMISTIC Owned: Unknown |
| 2013-01-18 | SELL | ENB-T | Enbridge |
(Market Call Minute.) Would switch out of this one at the present time. Extremely expensive at 4.5X its BV. Tweet finance |
Price: $44.150 Subject: NORTH AMERICAN - LARGE Bias: OPTIMISTIC Owned: No |
| 2013-01-18 | COMMENT | G-T | Goldcorp Inc |
Trading at about 1.5X BV and, looking at the long-term for this company, it is cheap. This goes for the golds generally speaking. The issue is, when is gold bullion going to start moving again. (See Top Picks.) Tweet finance |
Price: $36.830 Subject: NORTH AMERICAN - LARGE Bias: OPTIMISTIC Owned: Unknown |
| 2013-01-18 | DON'T BUY | GE-N | General Electric |
(Market Call Minute.) It would be a wonderful company if they split the thing up. Tweet finance |
Price: $22.040 Subject: NORTH AMERICAN - LARGE Bias: OPTIMISTIC Owned: No |
| 2013-01-18 | TOP PICK | GWO-T | Great West Lifeco |
With this lifeco, your dividend is solidly and safely covered. 4.84% yield. He is looking for stocks that are cheap with a good yield for the coming year. Wouldn’t be surprised if it got 15%-20% higher from here. Tweet finance |
Price: $25.370 Subject: NORTH AMERICAN - LARGE Bias: OPTIMISTIC Owned: Yes |
| 2013-01-18 | COMMENT | SC-T | Shoppers Drug Mart Corp |
Has been trading on either side of 2X Book Value. Strangest pattern he has seen in a long time. Suggests to him that the market is very uncertain as to whether they should call this company a “recovering growth stock” or a “growth stock that is now failing”. Has not made up his mind yet. 2.4% dividend. Tweet finance |
Price: $41.830 Subject: NORTH AMERICAN - LARGE Bias: OPTIMISTIC Owned: No |
| 2013-01-18 | PAST TOP PICK | SJR.B-T | Shaw Communication (B) |
(A Top Pick Jan 10/12. Up 22.46%.) Tweet finance |
Price: $23.500 Subject: NORTH AMERICAN - LARGE Bias: OPTIMISTIC Owned: Unknown |
| 2013-01-18 | BUY | SLF-T | Sunlife Financial |
Kind of likes the lifecos and thinks they are all going to go higher. Nice thing for the forecasted earnings this year is that the dividend is safely covered. Could see it moving 15%-30% higher. (See Top Picks.) Tweet finance |
Price: $28.710 Subject: NORTH AMERICAN - LARGE Bias: OPTIMISTIC Owned: Unknown |