stockchase picture

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

Expert Index

List by First Name

List by Last Name

John Zechner , Chairman

J. Zechner & Assoc


Date Signal Chart Symbol Company Opinion Price
2014-11-21 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. This reminds him of 2007-2008. We have low interest-rates, and all this is really doing is inflating the value of financial assets. There is almost a zero interest rates in the US for 5 years which, gave 2.5% growth. Europe is still in the can with zero growth. Japan just slipped back into recession, and now the People's Bank of China has come out saying they are cutting interest rates because the economy is slowing. Markets are going higher, but are creating a bubble kind of condition. He would prefer the market was going higher because of a strong economy and growing earnings. It is going higher because of stock buybacks and higher valuations in the market in general. It is hardly a buoyant economy to justify some of the recent moves, particularly in some of the non-resource parts of the market. He is looking for areas that are a little more value oriented and a little more yield oriented. His cash levels are higher than what they have been before. Today he is Selling into strength rather than doing any Buying.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
_N/A
2014-11-21 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

US Growth.  He sees growth better than anywhere else right now. Going forward they have a few more headwinds as the US dollar is going to be a little more difficult for them. With Europe and China slowing down and with Japan in recession, if all your trading partners are doing poorly, it is going to be hard for the US to rise on its own. Earnings are growing generally, but there is a lot that scares him. You feel you are getting pushed into buying stocks because things are going higher, but that is what happened in 1998-1999.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
_N/A
2014-11-21 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

For a long-term hold of 5 years or more, what would be the best sector? A lot of people like energy infrastructure and pipelines, but he finds that area overvalued. Some of the big US technology companies that have a global footprint look great. They are generating a lot of cash and margins are holding in. This would be at the top of his list. You could buy an ETF such as SPDR Technology (XLK-N), or pick a basket of 5 or 6 names. Likes healthcare, but it's a tough one to find the right names.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
_N/A
2014-11-21 PARTIAL SELL Must be logged in to use chart AA-N Alcoa

This has done very well. People became bullish on aluminum recently. The increase in usage of aluminum in the automobile is giving more credence. Costs have come down for them because the price of aluminum is relatively flat. Stock has more than doubled, so if you own, he would be inclined to take some profits. He thinks you have seen the best of your gains at this point.


Price:
$17.450
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2014-11-21 HOLD Must be logged in to use chart AAPL-Q Apple

Apple (AAPL-Q) or General Electric (GE-N)? Two completely different plays in different segments of the market. This has had a great run recently. Thinks this has gone through a crisis period and came out very well. iPhone 6 is selling very well. Have a great brand recognition. He thinks people continue to underestimate and undervalue things like iTunes and the software in general.


Price:
$116.470
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2014-11-21 COMMENT Must be logged in to use chart ATH-T Athabaska Oil Sands Corp

Chart is a very ugly picture, but at $3 it gives the company a market capitalization of $1.2 billion. This is basically what Petro China paid them. He likes what they have in their Duvernay assets and the growth they have in Hangingstone. If oil prices slipped down to $60-$65 a barrel, there is going to be risk to the whole energy sector, but their balance sheet is in very good shape.


Price:
$3.200
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2014-11-21 BUY Must be logged in to use chart BCE-T BCE Inc.

Until last night, resource stocks have really been under a lot of pressure. People are worried about commodity prices because of the higher US$, so in Canada people are gravitating to non-resource areas, the smaller part of the market. Areas like telecoms are growing and pay a decent dividend yield, and the valuations are not excessive. It's a logical place to move. They all stick out as relatively good value even though the industry is slowing down. Doesn't feel there is a lot of downside or risk to the area.


Price:
$53.320
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2014-11-21 HOLD Must be logged in to use chart BNE-T Bonterra Energy Corp

The pressures on this stock are simply industry related. Oil production growth is fine. They have a decent dividend yield. Good management and a good strong track record.


Price:
$48.870
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2014-11-21 PAST TOP PICK Must be logged in to use chart EFN-T Element Financial

(A Top Pick Feb 10/14. Up 11.09%.) Has taken profits on this earlier in the year and is looking to add it back. Likes what management is doing on a longer-term basis. This is a leasing business, which is a very low margin business, but they lever them up. As they start to lever it up they’re going to see better earnings growth. Could be volatile.


Price:
$14.450
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2014-11-21 DON'T BUY Must be logged in to use chart GE-N General Electric

Apple (AAPL-Q) or General Electric (GE-N)? Two completely different plays in different segments of the market. This is obviously more of a play on capital spending. They have got out of a lot of their consumer businesses and will be spinning out the leasing businesses. Some of their capitals spending customers are slowing down a little, so he would be a little concerned there.


Price:
$26.990
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2014-11-21 PARTIAL SELL Must be logged in to use chart HD-N Home Depot

If you own, he would be tempted to take some profits. Has had a tremendous bounce off the August lows. The recent earnings beat. There is a little bit of the US market in general that he doesn't like such as a lot of earnings beat was because of share buybacks. The US housing market is improving which they are benefiting from, but feels the valuation multiples are very high for single-digit growth.


Price:
$98.280
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2014-11-21 BUY Must be logged in to use chart MFC-T Manulife Financial

Manulife (MFC-T) or Canadian banks? He has both. However, if it came to one or the other, he would be inclined to go with Manulife right now. The bank sector valuation is at a very high level and earnings growth is slowing down. Feels the housing market in Canada is a little bit riskier than it is in the US. This company has done restructuring and have got their balance sheet in better shape.


Price:
$21.910
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2014-11-21 TOP PICK Must be logged in to use chart MRE-T Martinrea

Some downside protection and earnings growth is at a very low valuation. Stock was off recently in the last quarter, when they met the earnings, but projections going forward were probably below what the street wanted. Spending a lot of money on programs going forward. As these programs come in, it is going to generate new earnings growth for the next couple of years. Sees them generating better than 10% earnings growth going forward for the next 3 years. Trading at under a 10X forward multiple. Also, they have a great positioning in aluminum parts. Yield of 1.18%.


Price:
$10.380
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2014-11-21 PAST TOP PICK Must be logged in to use chart QBR.B-T Quebecor Inc (B)

(A Top Pick Feb 10/14. Up 26.46%.) The de facto 4th player in the telecom area. He doesn’t own this for the publishing assets, but getting it for what it is going to be doing in wireless. It was cheaper than the rest of the group and had better growth potential.


Price:
$30.390
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2014-11-21 TOP PICK Must be logged in to use chart QCOM-Q Qualcomm

They sell communication chips across the industry. Almost any smart phone built globally has a Qualcomm chip in it. Also, have a lot of products going into areas such as wearables and the higher growth areas. The biggest problem recently has been with what they sell in China and getting their royalties. Stock continues to have a decent growth rate. Yield of 2.37%.


Price:
$71.470
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
Showing 1 to 15 of 2,345 entries
First Previous 1 2 3 4 5 Next Last

No Comments.


You must be logged in to comment.