Viewing Expert Richard Croft | StockChase
stockchase picture

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

Viewing Expert

Richard Croft , President

R.N. Croft Financial Group Inc.

Address
218 Steeles Ave East
Thornhill, ON
L3T 1A6

Contact Info
Telephone: (905) 695-7777
Toll Free: 1-877-249-2884
Fax: (905) 695-9777
Email:
Website: http://www.croftgroup.com/index.htm

Bio:

R. N. Croft Financial Group Inc. is a boutique portfolio management company, providing fully customized discretionary asset management to discriminating investors. Our investment approach combines low cost tax-efficient indexed investment strategies, with targeted active management, and sophisticated options techniques to maximize client returns at any risk level. Our portfolio processes are unique, flexible and comprehensive.

Date Signal Chart Symbol Company Opinion Price
2017-08-28 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market. The earnings is what has been driving stock prices, and not what Trump has been doing. Doesn’t think the Fed is inclined to raise rates again this year. Thinks they will concentrate on restructuring the balance sheet. Yellin could be out of a job by the end of the year. That by itself won’t be a stimulus to the market. Interest rates don’t necessarily mean PE expansion, which you would need in order for the market to start surging again.


Price:
$0.020
Subject:
OPTION STRATEGIES & E.T.F.S
Bias:
UNKNOWN
Owned:
_N/A
2017-08-28 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Calculating ROE when selling a Covered Call? ROE’s are calculated on a Covered Call based on the current price, because they are looking at it as a position that you would enter today, which would be your Rate of Return if it were exercised and it stayed the same, and your downside break even based on today’s prices.


Price:
$0.020
Subject:
OPTION STRATEGIES & E.T.F.S
Bias:
UNKNOWN
Owned:
_N/A
2017-08-28 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

An international dividend ETF? There are a couple of things to think about on international holdings. There are currency risks. He would look at a US ETF that pays a high dividend, such as Global X Super Dividend US (DIV-N). Not sure he would look at a pure preferred share kind of ETF, because you have the currency risk and the interest rate exposure. Look at one that has dividends that are going to grow.


Price:
$0.020
Subject:
OPTION STRATEGIES & E.T.F.S
Bias:
UNKNOWN
Owned:
Unknown
2017-08-28 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

A book on options? He would recommend the hand book called “Options as a Strategic Investment”, written by Lawrence McMillan. It gives very clear examples of every possible strategy you can imagine. You want to look at the strategies that are interesting to you, read through them, and understand them.


Price:
$0.020
Subject:
OPTION STRATEGIES & E.T.F.S
Bias:
UNKNOWN
Owned:
_N/A
2017-08-28 TOP PICK Must be logged in to use chart AEM-T Agnico-Eagle Mines

Covered Call. Gold stocks fall most of the time in the top 25% in the top quartile of option premiums. You get a higher option premium against gold than almost any other sector. Secondly gold stocks, longer-term, don’t tend to go very far. They’ll rise significantly during a market downturn, and then settle back. Because there is a lot of volatility, they pay a high option premium. This is one of the better gold companies in Canada. He is looking at selling an At the Money Covered Call, and he thinks you can consistently do that. Dividend yield of 0.84%.


Price:
$61.990
Subject:
OPTION STRATEGIES & E.T.F.S
Bias:
UNKNOWN
Owned:
Yes
2017-08-28 COMMENT Must be logged in to use chart AMLP-N Alerian MLP ETF

Is the 8% dividend sustainable, and is there any upside to the ETF? This is an energy ETF, so you want to think about this like you think about the Enbridge Income Fund. He doesn’t think the 8% is sustainable. Performance has been so-so, mainly because oil prices have slipped quite dramatically. There will be some challenges in the next few years.


Price:
$10.860
Subject:
OPTION STRATEGIES & E.T.F.S
Bias:
UNKNOWN
Owned:
Unknown
2017-08-28 COMMENT Must be logged in to use chart ATD.B-T Alimentation Couche-Tard (B)

Writing Put options. If the stock went in the money and were Put to you, would you take the stock or Buy it back to close a contract? He would take the stock. It is a good company and he likes what they are doing.


Price:
$59.670
Subject:
OPTION STRATEGIES & E.T.F.S
Bias:
UNKNOWN
Owned:
Yes
2017-08-28 PAST TOP PICK Must be logged in to use chart BAC-N Bank of America

(A Top Pick Dec 9/16. Up 4.39%.) Synthetic Long Position. Had Bought a Call and Sold a Put which created a position equivalent to buying the stock itself. US banks have been flat and have been almost dead money for most of the year. This is good until January, so he would hold onto this position.


Price:
$23.720
Subject:
OPTION STRATEGIES & E.T.F.S
Bias:
UNKNOWN
Owned:
Yes
2017-08-28 COMMENT Must be logged in to use chart CGX-T Cineplex Inc

Bought at $40 and Sold a $42 Sept 2017 covered call. Should I sell lower? He would probably go out to December.


Price:
$35.270
Subject:
OPTION STRATEGIES & E.T.F.S
Bias:
UNKNOWN
Owned:
Unknown
2017-08-28 TOP PICK Must be logged in to use chart CNR-T Canadian National R.R.

Covered Call. A stock he thinks would benefit if the Canadian economy continues to do well. The Canadian economy is in pretty good shape and this company is representative of that. There was a downturn recently in the stock price, and this is a good entry point. He would look at an “at the money” covered call on this. Dividend yield of 1.6%.


Price:
$99.100
Subject:
OPTION STRATEGIES & E.T.F.S
Bias:
UNKNOWN
Owned:
Yes
2017-08-28 BUY Must be logged in to use chart COST-Q Costco Wholesale

Covered call? This has some challenges because of Amazon (AMZN-Q). They were hit when Amazon announced their takeover of Whole Foods. He likes the company and thinks it is OK longer-term. If he were going into it, he would Buy it and Sell an At the Money Covered Call.


Price:
$152.550
Subject:
OPTION STRATEGIES & E.T.F.S
Bias:
UNKNOWN
Owned:
Unknown
2017-08-28 COMMENT Must be logged in to use chart DIA-N SPDR Dow Jones Industrial Average ETF

A good ETF for a 15-year-old? This one would be excellent. Trades at 1/100 the value of the Dow Jones industrial average, and is a great way to start. Because you live in Canada, he would put half your money in Canada and half in the US. For Canada, he would probably look at iUnits S&P/TSX 60 ETF (XIU-T).


Price:
$217.940
Subject:
OPTION STRATEGIES & E.T.F.S
Bias:
UNKNOWN
Owned:
Unknown
2017-08-28 COMMENT Must be logged in to use chart DIV-N Global X Super Dividend US

Should this be held in a rising rate environment? There is nothing wrong with holding this in a rising rate environment. This is an ETF where they are buying stocks to increase their dividends. What you should be more interested in, is how is the economy doing. If the economy is doing reasonably well globally, which it seems to be doing right now, you are looking for companies that are going to be increasing their dividends in that environment. Not a bad way to play it.


Price:
$25.359
Subject:
OPTION STRATEGIES & E.T.F.S
Bias:
UNKNOWN
Owned:
Unknown
2017-08-28 PAST TOP PICK Must be logged in to use chart ENF-T Enbridge Income Fund Holdings

This company was never shown as a Top Pick for Richard, so I don’t know where BNN’s information came from. We had Royal Bank, which they didn’t comment on. - Bill)


Price:
$30.880
Subject:
OPTION STRATEGIES & E.T.F.S
Bias:
UNKNOWN
Owned:
Yes
2017-08-28 BUY Must be logged in to use chart GS-N Goldman Sachs

He likes this company. They had a very bad quarter with trading revenue, which you don’t usually see. He would be a buyer, and you can Buy a Call option if you want to take a leveraged position.


Price:
$220.350
Subject:
OPTION STRATEGIES & E.T.F.S
Bias:
UNKNOWN
Owned:
Unknown
Showing 1 to 15 of 836 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.