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
2016-12-23 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market. He is very sceptical of this whole belief that the Donald Trump presidency is going to resurrect the whole US economy by his spending program, they are talking of as much as a trillion dollars. What they are really talking about, is some addition to existing spending, which is far less then that, and it’s over a ten-year period. If you spread it over 10 years, and are probably adding .2%-.3%, he doesn’t think the impetus of the spending is that great. These little snippets of information blows Trump up into bigger things, and people are all buying in. When Ronald Reagan came in, interest rates were coming off multiyear highs, and they had a lot of room to drop. Now, interest rates are at an all-time low, and there is only one direction to go. At the same time, there is potential for trade wars.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
_N/A
2016-12-23 PAST TOP PICK Must be logged in to use chart AAPL-Q Apple

(A Top Pick Dec 7/15. Down 1.83%.) He believes in the IOS operating system, and thinks this is going to move more towards a software company over time. It will get a higher valuation. It won’t be selling 50 million iPhones a quarter, and there might be some margin pressures, but meanwhile it is trading at 11X forward earnings, probably 9X net of all the cash on the balance sheet. This has huge, huge value in it.


Price:
$116.520
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-12-23 COMMENT Must be logged in to use chart CPG-T Crescent Point Energy Corp

He is not bullish on oils in general, and is underweight. This whole OPEC agreement just doesn’t do it for him. They always cheat. The biggest winner in this, is US shale. This company is probably one of the better valuations in the sector. Costs are down. They have a good land base to drill on going forward. One of the better cash generators, and this is a good valuation. He has taken a little bit of money off the table on this.


Price:
$18.170
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-12-23 SELL Must be logged in to use chart CXR-T Concordia Healthcare

A lot of people took a bath this year. There were a few additional issues that came up. BREXIT hurt them more than expected. The acquisition of Amco was based primarily in Britain, and the currency translation really hurt. Also, they have generic competition for some of their US drugs. When you have a large debt outstanding, there is no room in your equity. Sold his holdings in the high teens. He doesn’t know if they will survive. Take a tax loss today, and then later on you can buy it back.


Price:
$2.910
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2016-12-23 TOP PICK Must be logged in to use chart DGC-T Detour Gold

This came under additional pressure, because the West Detour looks like there was some delays and costs coming a little higher than initially expected. This is still going to come on, just a little later than expected. The drawdown on the stock is more than offset. The balance sheet is in good shape. Good cash flow generation. Long lifeline. This will make a great take out candidate for one of the larger players at some point. (Analysts’ price target is $28.76.)


Price:
$16.000
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-12-23 COMMENT Must be logged in to use chart DH-T DH Corporation

Conceptually he loves the area they are going to, regarding the payment system, electronic banking, etc. The acquisitions they’ve done in the past 2 years have yet to prove themselves, which is a problem because there is a lot of debt on the balance sheet. Not sure about the quality of assets they acquired in the past year. He would love to see a quarter or 2 of good results.


Price:
$21.990
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2016-12-23 COMMENT Must be logged in to use chart DHX.B-T DHX Media

He likes this. To him it is almost a mini Disney. Content is king, and they own children’s content, which has a longer life than a lot of others out there. They are doing a better job distributing into other media as well. He likes the assets they have. The balance sheet is in better shape. They are starting to generate free cash flow again, and the operating cash flow looks good.


Price:
$7.020
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-12-23 TOP PICK Must be logged in to use chart FB-Q Facebook

This has done a phenomenal job. Believes it will be the largest market capitalization stock in the US in the next couple of years. There are 1.8 billion monthly active users. When they went public, they had zero mobile advertising revenue. It was 84% of their $7 billion in revenue last quarter. They keep beating expectations. Margins are rising. The apps they don’t have, they keep buying. You are basically getting this at around 21X 2017 and about 18X the forward year. Even if you gap-adjust that it is still in the mid-20s. (Analysts’ price target is $154.71.)


Price:
$117.270
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-12-23 PAST TOP PICK Must be logged in to use chart FDX-N FedEx

(A Top Pick Dec 7/15. Up 26.44%.) Just sold this. It had a decent run and is not especially expensive, but his only worry going forward is when Amazon (AMZ-N) started talking about getting their own fleet.


Price:
$191.860
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2016-12-23 HOLD Must be logged in to use chart FFH-T Fairfax Financial

They’ve had an about-face on strategy, and is a little different than what he would do. They’ve been deploying some of their capital, which is probably positive. The insurance operations are pretty stagnant, so it comes down to the investment portfolio. If you are a little more pro-growth oriented, you are probably going to get a little better performance than with the defensive play they’ve had over the past years.


Price:
$659.680
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-12-23 PAST TOP PICK Must be logged in to use chart HBC-T Hudson Bay Co.

(A Top Pick Dec 7/15. Down 37.02%.) He is holding this basically for the real estate value. The retail operations seemed to have done all right, and he thinks there is further growth ahead.


Price:
$13.190
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-12-23 TOP PICK Must be logged in to use chart HBC-T Hudson Bay Co.

If you take a normal REIT value for department store REITs, and apply it to their real estate operations, you’ll probably get a value north of $20, maybe $25 a share. You are paying less than nothing for the retail operation. He likes what they have done with the Bay since 2007. They bought Saks, turning it around. Thinks Galeria Kaufhof is going to be a stronger operation. Even moving Bay stores into a place like Belgian was a smart idea. Trading at a huge, huge discount to its NAV. Dividend yield of 1.5%. (Analysts’ price target is $20.75.)


Price:
$13.190
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-12-23 BUY on WEAKNESS Must be logged in to use chart HBM-T Hudbay Minerals Inc.

This has had a great run this year. He got out of the name recently. He is not as bullish on copper going forward. Thinks growth in China is going down. Within the metals group, this one sticks out as one of the better ones, but wouldn’t be looking to buy this until it gets into the $6 range.


Price:
$7.540
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2016-12-23 COMMENT Must be logged in to use chart IPL-T Inter Pipeline

Valuations on the pipeline industry are excessive. There has been good growth in the sector, because they are interest sensitive plays. That is ending as interest rates may potentially go higher. Also there are regulatory risks. Dividend yield of 5.4%.


Price:
$29.720
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-12-23 COMMENT Must be logged in to use chart KL-T Kirkland Lake Gold

This went down with the sector, but dropped a little more than most because of the new market merger. A lot of people didn’t like it because there was the Ontario operation, which they were doing well with, and suddenly 3 Australian properties were added in, so where is a fit and how does it work. This is one of the names he is adding. The balance sheet is in good shape, and it is one of the cash flow generators. (See Top Picks.)


Price:
$6.660
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
Showing 1 to 15 of 2,810 entries
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