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
2016-08-15 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market. The market is going higher, but when you look at the underlying fundamentals, there are not a lot of good reasons. 5 straight quarters of down profits, probably heading for 6. Some of the economic data is slipping again. Japanese numbers, problems in China, Europe is slow. A lot of people were bearish and there is a lot of money sitting on the sidelines, and there weren’t that many alternatives. As the market goes higher, more people feel they have to buy in. If the stock market takes the path of least resistance, he thinks the path of least resistance in the short term is “up”, which is not a great reason to buy. Doesn’t think it is going to last. A lot of well-known major players are very bearish. Market is factoring in a pretty big improvement in earnings in the next couple of quarters, which he doesn’t think we are going to get. He is doing a lot more selling than buying lately. Has a lot of Short positions. Telco valuations are high, but the dividends are safe and growing. Canadian banks have lagged generally in this move, and are probably fine to hold. Areas like consumer staples, utilities are more risk.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
_N/A
2016-08-15 HOLD Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Canadian Banks? These have been out of favour for a while. They’ve underperformed this year with the run in the cyclicals. Well capitalized and they have the dividend yield. Despite the problems in Alberta, the slowdown and the risk in the housing market, wealth management continues to grow and a lot of them are doing accretive acquisitions in the US.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-08-15 BUY Must be logged in to use chart AAPL-Q Apple

(Market Call Minute.) Thinks the IOS ecosystem is a win.


Price:
$109.480
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-08-15 PAST TOP PICK Must be logged in to use chart AVO-T Avigilon Corp

(A Top Pick Aug 10/15. Down 16.87%.) Hitting their sales targets, but having a discount to pricing a little too much in some of the cameras. He was a little worried about their cash conversion rate and that they had generated cash flow which is not showing up on the balance sheet, but a lot of that was for the new plant and equipment as well as more spending on sales R&D with their new product lines coming out. Ultimately they are integrating the video surveillance market in a way that you are getting a commodity product with a fully integrated product. This company is at the front end of that. However, that and the miss on the EBITDA margins is going to cost them in the short term, so he is going to stay on the sidelines.


Price:
$13.350
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-08-15 SELL Must be logged in to use chart AX.UN-T Artis Real Estate Investment Trust

(Market Call Minute.) Sold his holdings recently. It has good US exposure, but they have a bigger Calgary portfolio than almost anybody out there.


Price:
$13.000
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2016-08-15 SELL Must be logged in to use chart AYA-T Amaya Gaming Group Inc.

(Market Call Minute.) With a management shakeup and what is going on with the stock, it’s a little too risky.


Price:
$20.090
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-08-15 HOLD Must be logged in to use chart BCE-T BCE Inc.

(Market Call Minute.) A Hold at best. They’ve done a good job on the turnaround, but there is not much upside.


Price:
$62.950
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-08-15 BUY Must be logged in to use chart BIIB-Q Biogen IDEC Inc.

(Market Call Minute.) One of the better growth stories in the US biotech side. They have more of a product portfolio and they have cash. Valuation is in line with the market.


Price:
$313.390
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-08-15 HOLD Must be logged in to use chart CCL-N Carnival Corp.

(Market Call Minute.) Valuations are high. There has recently been a little slowdown in the industry because of some of the International issues on travel. This would be a Hold at best.


Price:
$46.150
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-08-15 COMMENT Must be logged in to use chart CXR-T Concordia Healthcare

He lightened up, but bought back a little today. Their overseas business is doing well, but the US really surprised on the downside. What really bothered him more, was a CFO leaving. Thinks there is still some cash generation, and he likes the Amco product portfolio. These things take a little bit of time to work out, and there are still some questions, about the US drugs in particular. The debt really doesn’t come due until 2020-2021.


Price:
$12.170
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-08-15 SELL Must be logged in to use chart D.UN-T Dream Office REIT

He is a little wary of REITs right now. Valuations are excessive. You are paying 15 to 16 times cash flow. There is a lot of risk if interest rates ever start to move higher. The Calgary real estate market is not turning around in a hurry.


Price:
$16.480
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-08-15 TOP PICK Must be logged in to use chart DHX.B-T DHX Media

This develops kids content, and they cross sell it very well in various channels. Content is value, and you can sell content to various channels. Trading at a big discount to the rest of the group at 10X operating cash flow. It’s cheap, and at a point, it gets taken out. Well capitalized. Dividend yield of 0.85%.


Price:
$7.530
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-08-15 SELL Must be logged in to use chart DIR.UN-T Dream Industrial REIT

He is a little wary of REITs right now. Valuations are excessive. You are paying 15 to 16 times cash flow. There is a lot of risk if interest rates ever start to move higher. The Calgary real estate market is not turning around in a hurry.


Price:
$8.180
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-08-15 PAST TOP PICK Must be logged in to use chart DIS-N Walt Disney

(A Top Pick Aug 10/15. Down 11.33%.) Still one of the great growth stocks, and they continue to do everything they have always done, which is that they develop content in all the growing types of new media, and they cross merchandise it better than anybody else. This is worth more than what it is trading at now.


Price:
$97.100
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-08-15 COMMENT Must be logged in to use chart DOL-T Dollarama Inc.

A great company and the growth has been fantastic. The only argument he would have is its valuation. They’ve been able to improve margins and are picking up market share. Fantastic operators. However, it is trading at 27X forward earnings.


Price:
$97.080
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
Showing 1 to 15 of 2,755 entries
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