Viewing Expert David Baskin | StockChase
stockchase picture

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

Viewing Expert

David Baskin , President

Baskin Wealth Management

Contact Info

Website: http://www.baskinfinancial.com/main/

Bio:

Following his early career as a lawyer and banker, David founded Baskin Financial Services Inc. in 1992. The firm, now operating as Baskin Wealth Management, has grown from assets under management of $25 million in 2000 to over $700 million today, with about 500 client families in seven provinces. David appears frequently on national television and radio as a commentator on the markets and is frequently quoted in the press. An enthusiastic sailor and traveller, David and his wife Joan Garson have two adult children. All are actively involved in community and charitable activities. 

Date Signal Chart Symbol Company Opinion Price
2017-10-03 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market. World markets are at near record highs. The Purchasers Managers Index shows there is synchronized growth globally, such as we have not seen during this century. It has been a tough year for Canadian investors to make money, because they have been hit by the strong Cdn$ which has been going up as well as having one of the worst performing stock markets in the developed world. If you bought the S&P 500 at the very worst possible time, the peak in 2007, you have now doubled your money.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
_N/A
2017-10-03 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Canadian dividend paying ETF? He doesn’t do ETF’s for dividends. Prefers buying stocks one at a time. You can’t go wrong buying good stocks. He would be looking at 1 bank, 1 utility company, and 1 REIT. He would buy BCE because of its very high dividend yield, Fortis as a Canadian utility, and probably National Bank of Canada as well as H&R REIT. This will probably outperform an ETF, but you will have to pay attention.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
_N/A
2017-10-03 COMMENT Must be logged in to use chart BA-N Boeing

$100 billion in sales. Has an order backlog for about 3000 737 jets. Air travel is growing globally, particularly in Asia and this company has a tremendous capability, although China is starting to manufacture its own jets. Traditionally, it has not been a well-managed company. They have quite aggressive unions. However, the more research he does, the more he thinks travel and mass market tourism are going to be growth industries going forward, and he has to find ways to participate.


Price:
$255.460
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2017-10-03 TOP PICK Must be logged in to use chart BAM.A-T Brookfield Asset Management (A)

This does what everybody in the big institutional world wants to do. It owns real assets. Railways, highways, seaports, hydroelectric dams, and manages hundreds of billions of money that it gets paid a fee on and that it gets a “carried interest” on. A lot of people don’t understand the value of “carried interest”. If it buys a major project, which gets sold 10 years later, it gets a piece of the action which doesn’t show up on its balance sheet right now. Brookfield thinks its shares, that are currently in the $50 range, are going to be $100 a share in 5 years. Dividend yield of 1.4%. (Analysts’ price target is $45.)


Price:
$52.150
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2017-10-03 HOLD Must be logged in to use chart CGX-T Cineplex Inc

Has always admired management. It’s important to understand that they don’t make movies, so if Hollywood makes lousy movies that no one wants to see, this company suffers. They have figured out something to do about this and have basically diversified their revenue. Created Rec rooms, which are basically man caves for millennials with a bar and a restaurant and a lot of great games to play. They’ve been brilliant in establishing new revenue lines. However, at the end of the day, people have to go to the movies and they have to be good movies. He is looking for a very strong 4th quarter with strong new releases. Dividend yield of over 4%.


Price:
$39.260
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2017-10-03 COMMENT Must be logged in to use chart CTC.A-T Canadian Tire Corporation Ltd. (A)

He is wary about retail in general because of Amazon. However, you would think people would buy their tires in person rather than online. A lot of the stuff that you buy in stores could be bought through Amazon. Online retail is less than 10% of the market, but has had a dramatic effect, primarily on margins. He doesn’t think he would be buying this company.


Price:
$155.780
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2017-10-03 PAST TOP PICK Must be logged in to use chart DIS-N Walt Disney

(A Top Pick July 7/16. Up 3%.) People were concerned about ESPN, so-called cord cutters and carriage contracts. He is still a believer. They have a lot of intellectual properties in their film library. They’ve announced their own streaming service, so are going into competition with Netflix.


Price:
$100.790
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2017-10-03 COMMENT Must be logged in to use chart ECA-T Encana Corp

Sitting on a very good property in the Montney, and everybody is excited about shale now in Canada. He is not big on fossil fuels, and doesn’t own any. If he were going to own any, it might be this company because of the quality of the real estate they are sitting on, and that gas is the future of energy.


Price:
$14.500
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2017-10-03 PAST TOP PICK Must be logged in to use chart FSV-T Firstservice Corp

(A Top Pick July 7/16. Up 48%.) Had thought the stock was undervalued and was quickly growing. Although listed in Toronto, 90% of revenue comes from the US. They do everything from cutting grass to painting houses to providing security services, primarily for gated communities. There is a big runway for growth, because it is a very fragmented industry. Well-managed.


Price:
$83.090
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2017-10-03 COMMENT Must be logged in to use chart FTN-T Financial 15 Split Corp

As he understands how these split corps work, one gets the dividend and one gets the growth. It depends on what you want out of life. If you want street yield, these manufactured products might be right for you. He doesn’t buy them because he doesn’t like his clients to be paying 2 layers of fees. He isn’t against the product. Dividend yield of 14%.


Price:
$10.370
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2017-10-03 COMMENT Must be logged in to use chart HSBC-N HSBC Holdings P L C

A huge global bank. Have had some difficulties with world authorities about money laundering, and were implicated on a big scale. He was told that they have cleaned up their act, but as an outsider, it is impossible to know. One of the most widely held non-North American banks you can buy.


Price:
$49.550
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Unknown
2017-10-03 COMMENT Must be logged in to use chart IBM-N IBM

Artificial Intelligence is something that almost everybody is interested in. This company is in that business. They made their bones as the first big hardware company when mainframes were the thing. Also invented the PC. In recent years, this has become a software company, almost like a utility in terms of managing existing infrastructure.


Price:
$146.780
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Unknown
2017-10-03 TOP PICK Must be logged in to use chart ITP-T Intertape Polymer Group

Makes tapes and fabrics, and was hit by rising prices for polypropylene. The stock took an enormous dip, and this is a tremendous entry point. It is a temporary problem.


Price:
$18.900
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2017-10-03 PAST TOP PICK Must be logged in to use chart KAR-N KAR Auction Services

(A Top Pick July 7/16. Up 21%.) This does 2 things. It sells cars that are coming off lease. Secondly, it sells salvaged cars. There are half a million junked cars as a result of hurricane damage in Florida and Texas.


Price:
$48.500
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2017-10-03 COMMENT Must be logged in to use chart KPT-T KP Tissue Inc

There are some certainties in life, and one of them is toilet paper. They are going to commission a new machine at their plant in Memphis Tennessee, which will increase output. It’s a competitive business. They do private label branding for the big box stores. Thinks earnings will come up and distribution will come up. Dividend yield of 4.8%.


Price:
$14.940
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
Showing 1 to 15 of 4,241 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.