Viewing Expert David Cockfield | StockChase
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Compiling comments that experts make about stocks while on public TV.

Viewing Expert

David Cockfield , Managing Director

Northland Wealth Management


Date Signal Chart Symbol Company Opinion Price
2016-12-02 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market. He is not a fan of Trump, but he is certainly acting presidential, a total surprise. We’ll have to wait and see. OPEC reached an agreement, and implementation is in January. Whether they keep the agreement or not is a totally different question. Oil has a long way to go to get back to balance. Thinks there will be a consolidation in the low $50. Expects the price is going to go higher in 2017, simply because they haven’t put the money in that makes the oil come off the other end.


Price:
$0.020
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
_N/A
2016-12-02 WAIT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Telcos, utilities or banks? Utilities haven’t been acting that well, nor has BCE. This a buying opportunity. He would be on the sidelines with utilities as they are more sensitive. Yields tend to be lower than the telecoms. Wait until after December 15 when he believes there will be a rate increase. With the bond market selling off and bond yields coming back, and not yielding as much as banks or telecoms, the utilities are still vulnerable. He would stand back and wait for the next 6-9 months to see what happens. (See Top Picks.)


Price:
$0.020
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2016-12-02 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Gold? Which company? He is not in gold, but believes that until he sees the whites of the eyes of inflation, we are not going to see it. We are building an environment of higher oil prices, fiscal stimulation, bank regulation, etc. which are bound to create more inflation if they are carried through. If inflation starts to show up, then he’ll have a hard look at gold again.


Price:
$0.020
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
No
2016-12-02 COMMENT Must be logged in to use chart AC-T Air Canada (B)

After years of bad experience with the airlines, he is always very careful about that area. This has had a good run. If oil and the price of fuel goes up, that is a significant factor. He doesn’t see a lot of upside from here.


Price:
$14.010
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
No
2016-12-02 WAIT Must be logged in to use chart AGU-T Agrium

Has loved the stock in the past, but sold it in the past with the anticipation that he would be able to buy it back. Then the Potash (POT-T) merger appeared, and he is not keen on Potash at all. Subsequent to that, this stock has moved up. He would be a little cautious. Wait to see what happens after the merger and how things work.


Price:
$133.020
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
No
2016-12-02 TOP PICK Must be logged in to use chart BCE-T BCE Inc.

Good company, good dividend, good yield, solid record, and the stock has come off almost 10%. This gives you a yield and a tax dividend credit that you can’t get anywhere in the fixed income market. A safe stock. Dividend yield of 4.76%. (Analysts’ price target is $62.39.)


Price:
$57.370
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2016-12-02 PAST TOP PICK Must be logged in to use chart BMO-T Bank of Montreal

(A Top Pick Oct 23/15. Up 20.95%.) 12 months ago, bank shares were beaten up by short sellers in New York. They continue to outperform most of the analysts’ expectations. That may continue. Still feels Canadian banks are not a bad longer-term Buy.


Price:
$89.000
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2016-12-02 COMMENT Must be logged in to use chart CM-T Canadian Imperial Bank of Commerce

Take some profits now? The banks have had a good run, and probably moving more into market performers. If you want some yield, potential growth and diversify into buying a telecom or pipeline, this might be a time, especially if you are overweight.


Price:
$108.490
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2016-12-02 COMMENT Must be logged in to use chart CPG-T Crescent Point Energy Corp

This has been a disappointment. The stock went up to $23-$24, and backed off to the low $20, and then into the high teens. They then came out with a huge equity issue, which absolutely killed the market, and is still sort of recovering from that. He still likes it. One of the best managed intermediate oil companies in Canada. They are in the Bakken area where they can actually produce oil and make money at $50. Close enough to the US where they have good pipeline access. That is going to improve. This would still be his choice in the market. Dividend yield of 2.09%.


Price:
$17.190
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2016-12-02 DON'T BUY Must be logged in to use chart EMA-T Emera Inc

Selling their interest in Algonquin Power (AQN-T). Their holding was really not that significant, and he is a little concerned about the utility group in this environment, where he expects the federal reserve to kick up rates on the 15th. If you are really keen on utilities, he would stand back and wait. You can get better rates elsewhere without that rate risk looking over your shoulder. This is not the time to rush in.


Price:
$44.190
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2016-12-02 COMMENT Must be logged in to use chart ENB-T Enbridge

Merging with Spectra Energy, which will give them a more balanced state of about 48% natural gas and 40% oil. With the federal government approving the pipeline to Vancouver, this company lost Northern Gateway. You are looking at a better balance, and also there is going to be a new expansion of pipeline down into the Chicago area, which is going to offer more capacity for Saskatchewan. Americans are starting to talk about a pipeline running to the east coast, which would tie into Chicago. He is quite positive on this company and is looking at it again.


Price:
$55.500
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
No
2016-12-02 WAIT Must be logged in to use chart GIB.A-T CGI Group (A)

Has a nice upward trend on technicals, but is very volatile. You really have to catch this in one of their down swings. A difficult company to analyse because it is sort of like an advertising agency, i.e. it’s mental talent in there that is doing it. Have done an excellent job and got all sorts of contracts. Big in Europe. Wait until it sells off before stepping in. Trading at almost 17X forward earnings.


Price:
$62.530
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
No
2016-12-02 WATCH Must be logged in to use chart GIL-T Gildan Activewear Inc.

Acquiring American Apparel. Gilden has been a really good operator, and it has been hard to get into a multinational company listed on the Canadian exchange. They’ve managed to have a good reputation in terms of not using slave labour, etc. and have great penetration in the marketplace. Whether this acquisition is going to work for them are not he is going to wait and see. He is going to watch and see what the news flow is, before he does anything.


Price:
$36.480
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
No
2016-12-02 PAST TOP PICK Must be logged in to use chart IGM-N iShares N.A. Technology ETF

(A Top Pick Oct 23/15. Up 9.03%.) If you want to get into the Tech sector in the US, this is a reasonable way. If the US economy is going to move ahead, as it has, tech companies can do okay.


Price:
$120.460
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2016-12-02 COMMENT Must be logged in to use chart L-T Loblaw Companies Ltd

Long-term hold? He is not enthused about the industry. It had some good market moves when people were looking for safe places, but the competition is fierce. Everybody is getting into this field. It is such a thin margin business and so competitive that he would rather go elsewhere.


Price:
$69.570
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
No
Showing 1 to 15 of 2,724 entries
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