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

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Michael Sprung , President

Sprung Investment Management

Address
25 Adelaide Street East, Suite 1914
Toronto, ON
M5C 3A1

Contact Info
Telephone: 416-934-7160
Email:
Website: http://www.sprunginvestment.com/


Date Signal Chart Symbol Company Opinion Price
2014-10-08 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. The world has changed a lot. He was on the program at the end of August and we are in a different world now. The market is off from its highs by about 8%. Thinks we are coming to a line where investors should really be looking for those stocks that they would have liked to have bought, but were too expensive. We are at a point where we can begin to pick away at them. This is the opportunity we have been waiting for. The world has been scared by the threat of slowing emerging economies, particularly China. We have also seen the stagnating economies in Europe. There is a fear as to when the US is going to start raising interest rates. The inflationary indicators are such that he doesn’t see any compelling reason to raise interest rates to quickly or too soon. The US economy is still showing signs of expansion. Feels that Canada will be pulled along with that. Our market has suffered more than others because of our exposure to commodities, energy, etc.


Price:
$0.020
Subject:
CANADIAN LARGE
Bias:
OPTIMISTIC
Owned:
_N/A
2014-10-08 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Energy. Prices have come off significantly. In just the last month Brent is down more than $10, and West Texas about $10. Natural gas seems to have held in a little bit better. Part of this is with the slowing economies, and all of a sudden the surplus production from the US and inventories have built. Once economies begin to expand again, he expects there will be stronger pricing. In the meantime analysts will be moving down their cash flow and forecasts for oil/gas companies, so if you pick the financially strong ones, they are going to get through this period. In the long run you are not only picking up a little bit more attractive yield today, but you have the potential for good capital gains going forward. When buying energy stocks today, your time horizon has got to be at least a couple of years.


Price:
$0.020
Subject:
CANADIAN LARGE
Bias:
OPTIMISTIC
Owned:
_N/A
2014-10-08 PAST TOP PICK Must be logged in to use chart AGT-T AGT Food & Ingredients

(A Top Pick Oct 22/13. Up 75.88%.) This has done extremely well. They are one of the biggest distributors of pulse globally and are now starting to manufacture food ingredients from a number of those pulses. Have opened up some new plants which have expanded into 2nd and possibly 3rd shifts. He took some profits when it went over $25. Still a hold, but would be a Buy at $20-$24.


Price:
$27.330
Subject:
CANADIAN LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-10-08 TOP PICK Must be logged in to use chart AGU-T Agrium

Under $100, this is definitely a good Buy. They have been affected by slowing economies and low crop prices have been postponing some purchases. The most diversified of the fertilizer companies in Canada. Dividend yield of 3.54%.


Price:
$96.080
Subject:
CANADIAN LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-10-08 BUY Must be logged in to use chart ALA-T Altagas Ltd

A lot of these companies are looking a lot more attractive today than they did a short time ago. This is one that you could buy today.


Price:
$46.200
Subject:
CANADIAN LARGE
Bias:
OPTIMISTIC
Owned:
No
2014-10-08 COMMENT Must be logged in to use chart BNP-T Bonavista Energy Corp

Likes this one. It is nearing levels where he would consider giving it a serious look. One of the best managed of what used to be the old unit trusts. Primarily natural gas exposure.


Price:
$12.060
Subject:
CANADIAN LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2014-10-08 TOP PICK Must be logged in to use chart BNS-T Bank of Nova Scotia

This is the most diversified international Canadian bank. They have operations in the Caribbean, South and Central America. Has always been a very well managed bank from a credit perspective. All of the banks have pulled back a little. 3.9% yield. Thinks earnings over the next couple of years are going to go over $6 a share. This is at a very reasonable price and he is expecting 10X future earnings in a couple of years.


Price:
$69.150
Subject:
CANADIAN LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-10-08 HOLD Must be logged in to use chart BTE-T Baytex Energy Corp

This is being hit along with all the other energy stocks and he would recommend continuing to Hold.


Price:
$38.900
Subject:
CANADIAN LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2014-10-08 DON'T BUY Must be logged in to use chart CCO-T Cameco Corporation

Uranium is an area that he doesn’t generally invest in. Despite been able to look at the supply/demand fundamentals, there has always been the political aspect to it. Japanese facilities have been postponed once more.


Price:
$18.790
Subject:
CANADIAN LARGE
Bias:
OPTIMISTIC
Owned:
No
2014-10-08 DON'T BUY Must be logged in to use chart CNR-T Canadian National R.R.

Canadian National (CNR-T) or Suncor (SU-T)? He would choose Suncor based on the multiples that they sell at. He doesn’t own the railroads. (See Top Picks.)


Price:
$75.800
Subject:
CANADIAN LARGE
Bias:
OPTIMISTIC
Owned:
No
2014-10-08 DON'T BUY Must be logged in to use chart COS-T Canadian Oil Sands

He would rather play the oil sands through some of the other players. They don’t have a lot of control over the fields they are participating in. If oil prices remain compressed as they are, you would have to question their ability to maintain their distribution.


Price:
$19.150
Subject:
CANADIAN LARGE
Bias:
OPTIMISTIC
Owned:
No
2014-10-08 BUY Must be logged in to use chart CPG-T Crescent Point Energy Corp

Very well managed company. Have built up an inventory for which they are going to be able to drill into and increase production. With this correction, he would certainly be looking at buying this.


Price:
$38.120
Subject:
CANADIAN LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-10-08 BUY Must be logged in to use chart CSE-T Capstone Infrastructure

Has dropped to just over $4 and is yielding over 7%. He likes this company. One of the smaller infrastructure companies that has quite a diversified number of operations such as power, water, heating, etc. Their water facilities that they run in Bristol England are interesting.


Price:
$4.150
Subject:
CANADIAN LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-10-08 PAST TOP PICK Must be logged in to use chart CVE-T Cenovus Energy

(A Top Pick Oct 22/13. Down 5.81%.) Still likes this. It has a long-term production profile that is going to increase going forward. Extremely well managed and well financed. This would be a Buy at these levels.


Price:
$28.470
Subject:
CANADIAN LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-10-08 BUY on WEAKNESS Must be logged in to use chart ENB-T Enbridge

Getting very close to levels where he would consider buying. If you can get this under $50 and are a long-term holder, you are going to do well with this well managed company.


Price:
$51.570
Subject:
CANADIAN LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
Showing 1 to 15 of 2,734 entries
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