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

Viewing Expert

John Zechner , Chairman

J. Zechner & Assoc


Date Signal Chart Symbol Company Opinion Price
2016-06-20 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. One of his concerns is the Chinese banking system. That is a story that started in 2009. The big global stimulus that came with the recovery in the financial meltdown really started in China, which was a massive spending program for a number of years. They spent to keep capital going, keep people employed and to keep their economy going. When you look at it, it was unproductive spending, and was done mostly on borrowed funds. There is a day of reckoning for that kind of expenditure. When you look at the amount of debt that powered up in China in the past number of years, you are at about 250% of their growth domestic product. It is sort of where Greece is, and we know what that situation caused. Because China is an opaque government, you don’t really see what is going on in the banking system. He thinks that a lot of this stock lift has had to do with extremely low interest rates. People like stocks because earnings are going higher, but they are not; because of the growing economy, it is slowing down; valuations are low, but they are not.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
_N/A
2016-06-20 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Gold. The best case for gold is low interest rates, but more importantly is the anti-currency. When everybody is rushing to depreciate the value of their currencies, that should get some rise out of gold. The problem is, it is a psychologically driven asset, and the stocks are harder to value. He would be inclined to have no more than 5% of your portfolio in gold, as a little bit of insurance.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-06-20 HOLD Must be logged in to use chart AAPL-Q Apple

Thinks the Bears have it wrong on this company. The company will survive even if they had to keep selling 50 million iPhones every quarter. What is being missed is the IOS, their software ecosystem where there are probably 1 billion users worldwide right now. They are generating applications and uses of recurring revenue. 


Price:
$95.100
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-06-20 HOLD Must be logged in to use chart ARE-T Aecon Group Inc

(Market Call Minute.) They are really levered heavily to spending in the Alberta region, which might get a bit of a lift off the fires. They need to get margins higher, and that has been a bit of a struggle.


Price:
$17.710
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-06-20 PAST TOP PICK Must be logged in to use chart AVO-T Avigilon Corp

(A Top Pick Aug 10/15. Down 16.56%.) The issue has been a worry that security cameras and software products are becoming commoditized. He doesn’t think that is completely right. Security cameras are doing so much more than they used to, so people are paying more for them. The problem in the last year is that they have been building a new plant in Texas that has used up a lot of cash. Thinks the market is still positioned to grow aggressively.


Price:
$13.190
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-06-20 BUY Must be logged in to use chart BCE-T BCE Inc.

Whatever the trends are in the US, they are coming up here. AT&T (T-N) customers are getting rid of land lines, and this action will impact BCE. However, the company is a great growth story. They have positioned themselves very well in wireless. Have also added content. Good yield. When you want safety and income, this is a better Buy today than Canadian banks, with the risk of housing markets and energy.


Price:
$59.220
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-06-20 DON'T BUY Must be logged in to use chart BRK.B-N Berkshire Hathaway Inc. (B)

(Market Call Minute.) The insurance business will ultimately drive this, and it is hard for him to get excited about the insurance side of the business right now.


Price:
$141.670
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-06-20 HOLD Must be logged in to use chart CJR.B-T Corus Entertainment (B)

Has wanted to own this, because it has come down so much off the peak. Valuation is low on an earnings basis. However, consumers’ behaviour has changed and have moved to a lot of areas of products where this company is not very well represented. The company levered up recently to add assets in the Shaw deal, so the balance sheet is a little stretched. If you own, continue to hold. He just questions if there is much growth anymore.


Price:
$12.910
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2016-06-20 BUY Must be logged in to use chart CPG-T Crescent Point Energy Corp

(Market Call Minute.) Not a big fan of energy stocks in general, but likes this one. Has a good portfolio and a good land base to drill on. Generating a decent cash flow.


Price:
$20.530
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-06-20 TOP PICK Must be logged in to use chart CXR-T Concordia Healthcare

The story is holding together really well with the big AMCO acquisition they did last year and 60 new products coming out in the next couple of years. The core business is doing well. They have some orphan drugs. Stock is trading basically at 5X earnings, 7X Operating Cash Flow. They will generate free cash flow and pay down the debt, and at that time the multiple starts to go higher. Dividend yield of 1.3%.


Price:
$29.400
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-06-20 COMMENT Must be logged in to use chart DHX.B-T DHX Media

Has been buying this aggressively in the last couple of weeks. They did a financing earlier this year at $7.50, which fell a little flat. Last quarter was a bit of a miss, but they were still suffering a little with the loss of the Disney (DIS-N) contract a year ago. They have refilled the content side very well, and that is a bigger part of their business right now. The stock is looking exceptionally cheap compared to others in the sector.


Price:
$6.320
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-06-20 PAST TOP PICK Must be logged in to use chart DIS-N Walt Disney

(A Top Pick Aug 10/15. Down 9.68%.) Has been under pressure. With a lot of the Fang stocks they have got pushed down. The worries about this company are misplaced. They are doing what they have always done. They cross sell better than anybody, they own content, have delivered consistently year in and year out for decades, and you are getting this for the less than a market multiple.


Price:
$99.570
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-06-20 COMMENT Must be logged in to use chart ENB-T Enbridge

(Market Call Minute.) This is looking a little expensive. Look at the Enbridge Income Fund (ENF-T) instead, which on a yield basis looks a little more interesting.


Price:
$53.790
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-06-20 TOP PICK Must be logged in to use chart GOOG-Q Alphabet Inc (C)

Best growth in technology. They own the Android operating system and are giving it away for nothing. If you ever monetized that, it would be a huge value for them. What they know about the consumer has so much value. They are positioned better than anybody to get all this growth. 


Price:
$693.710
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-06-20 TOP PICK Must be logged in to use chart HBC-T Hudson Bay Co.

Using REITs and looking at the real estate value, it is pretty easy to get a value of something around $30 for the real estate alone. You are paying less than nothing for the retail asset. They are doing all right in Canada. Saks is a little bit slow. They are bringing costs down across the board. A good story. Dividend yield of 1.27%.


Price:
$15.630
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
Showing 1 to 15 of 2,696 entries
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