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

Viewing Expert

Ross Healy , Chairman

Strategic Analysis Corp

Address
20 Eglington Ave W. Suite 1400
P.O.Box 2003
Toronto, ON
M4R 1K8

Contact Info
Telephone: 416-489-3603
Toll Free: 1-877-214-5641
Email:
Website: http://www.strategicanalysis.ca/


Date Signal Chart Symbol Company Opinion Price
2016-01-26 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

S&P 500. Feels we are not in a bear market, but we are in a correction. After a 10%-12% correction this year, there is a whole lot of focus on whether this is the time to get back into the market again, but he thinks not. When he came into the business in 1965, every other year for the 1st 17 years, had a bear market correction of 20% or more. Then in the 80’s Alan Greenspan, who was dedicated to not having volatility, came along. To some extent, he exceeded brilliantly. However, as time goes on, the efficacy of the federal reserve board is sort of oozing away, and furthermore decided last year to start raising interest rates. He wonders if we are going to get another 10% downside from here, which is his target. That only takes us back to 2X adjusted book value for the S&P. That was the same as the bottom for 2002, which was a wonderful time to buy stocks. Doesn’t think that the market is finished yet. In the past year, every rally has been a sucker’s rally. We need to get a nice solid bottom, and then it will be safe to buy.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
_N/A
2016-01-26 TOP PICK Must be logged in to use chart ABX-T Barrick Gold

Cheap at about 1.5X Book. Thinks it will do very, very well in an era of rising bullion. Bullion has only moved a little bit, and this stock has moved from $8 to nearly $13. You want a big company with leverage.


Price:
$13.400
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-01-26 COMMENT Must be logged in to use chart AC-T Air Canada (B)

Such an interesting company, that he almost showed it as a Top Pick today. It is trading down at 2X projected earnings. This is a stock that could have a fast rebound. The earnings, which are close to about $4 per share, are going to enormously enhance the balance sheet, which has been weak. Could be an interesting investment. In a volatile phase right now and could set back a bit more.


Price:
$7.770
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-01-26 PAST TOP PICK Must be logged in to use chart AGI-T Alamos Gold Inc

(A Top Pick March 17/15. Down 40.7%.) Had thought that it might be time for bullion to start to move again. Instead, it has formed a nice base. It is still his view that gold stocks and bullion are dead cheap. If you own, continue to hold. (See Top Picks.)


Price:
$4.090
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-01-26 DON'T BUY Must be logged in to use chart AIM-T Aimia

Because of overpayment of dividends, the BV per share has been sliding. Has a terrific yield of 8.7%. The dividend is covered, but barely. Doesn’t like these kinds of companies because it is like the ground is giving out beneath your feet. Has a target of about $7, but it cut through strong support at about $10.


Price:
$8.710
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-01-26 PAST TOP PICK Must be logged in to use chart BMO-T Bank of Montreal

(A Top Pick March 17/15. Down 1.47%.) He is happy with this one.


Price:
$72.780
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-01-26 BUY on WEAKNESS Must be logged in to use chart BNS-T Bank of Nova Scotia

Not the cheapest, but is one of the cheaper. It has given a very short-term trading Sell, which ought to carry the stock down to about $47. There are concerns about their business strategy, particularly in the current environment. They are past Masters in dealing in the Caribbean and South America, so he thinks it will come through. Would prefer to buy it at $47.


Price:
$53.260
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-01-26 HOLD Must be logged in to use chart C-N CitiGroup

Really likes this company because it has a really high Book Value and has lots and lots of upside potential. Everything seems to be going for it, and the market doesn’t care. At some point, he expects that the US banks are going to respond to the value, so it is not the type of thing you need to rush out and Sell.


Price:
$40.500
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-01-26 DON'T BUY Must be logged in to use chart CVS-N CVS Health Corp

This has set back from its high, but FMV is only about 18%-19% above where it is now. That may be enough to turn things around. It is on structural support at around $94, and maybe it will rebound from here, but the stock isn’t cheap. If there is further weakness in the market, he wouldn’t be surprised if this falls further.


Price:
$94.040
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-01-26 DON'T BUY Must be logged in to use chart DIS-N Walt Disney

This reached his FMV as well as a major technical resistance point, and the stock is setting back. His target would be $77-$80 before he would be interested.


Price:
$96.270
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2016-01-26 COMMENT Must be logged in to use chart ENB-T Enbridge

His work entails looking at stock prices relative to “his” adjusted Book Values. This company got way overvalued at $70, and way over its Fair Market Value. All the pipelines look exactly like this, getting way above FMV. They have fallen back to their FMV’s, and some a bit below. (See Top Picks.)


Price:
$45.870
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-01-26 TOP PICK Must be logged in to use chart ENF-T Enbridge Income Fund Holdings

Cheap at around 1X BV. Thinks the correction in pipelines is pretty much over. Dividend yield of 6.8%.


Price:
$27.840
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2016-01-26 PAST TOP PICK Must be logged in to use chart FLEX-Q Flextronic International

(A Top Pick March 17/15. Down 17.57%.) The last year has been really, really tough on value managers, so buying cheap hasn’t necessarily meant that stocks hold up the way that they once did.


Price:
$9.790
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2016-01-26 HOLD Must be logged in to use chart IGM-T IGM Financial Inc.

Any mutual fund company in Canada is going to be very unpopular in this market. Despite the really good value, the stock has taken it on the chin. It has now fallen down to a level of about $31-$31.50, which is terrific support with huge upside potential. Has a wonderful yield 6.7%, and the yield is nicely covered.


Price:
$33.380
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-01-26 COMMENT Must be logged in to use chart JNJ-N Johnson & Johnson

Has some good technical support at about $98. As long as it holds in there, then it is fine. Doesn’t have a lot of upside potential. His downside target is $71


Price:
$101.180
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
Showing 1 to 15 of 2,240 entries
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