stockchase picture

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

Expert Index

List by First Name

List by Last Name

David Cockfield , Sr. VP & Managing Director

Northland Wealth Management


Date Signal Chart Symbol Company Opinion Price
2014-07-02 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. This market seems to be ignoring what he considers a Big Story. The Iraqi government is falling apart. Jihad seems to be advancing at will. There are 2 million barrels of production in southern Iraq that are at risk, and nobody seems to be paying any attention. He feels the geopolitical situation could spill over into the broader equity markets, not just energy. He is getting more defensive, and watching the situation. Taking some profits where he can. Certainly not rushing out and putting money back into the market at the moment. We are overdue for a correction, and he is expecting one anytime soon.


Price:
$0.020
Subject:
CANADIAN
Bias:
DEFENSIVE
Owned:
_N/A
2014-07-02 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Portfolio diversification. How should the average investor decide on the appropriate degree of diversification, in terms of kinds of diversification and degree? Part of this depends on how large a portfolio is. If you have $50,000-$100,000, you could have as many as 25 stocks. Feels that 18 to 20 is a reasonable number. You may want a couple oil stocks, possibly 3 bank stocks, etc. You could also get into the US, but you have to realize the currency risk. You could also use Exchange Traded Funds where you can get diversification. This way, you can probably get away with 10 different holdings, because they are diversified themselves.


Price:
$0.020
Subject:
CANADIAN
Bias:
DEFENSIVE
Owned:
_N/A
2014-07-02 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

REITs. They got overpriced and the yields dropped. There are a lot competing against each other. He doesn’t have any significant amount in his portfolios. He likes specific areas in the residential, but feels the commercial side may be a little bit overbuilt in some segments. Until they get back to more competitive yields he would avoid REITs.


Price:
$0.020
Subject:
CANADIAN
Bias:
DEFENSIVE
Owned:
_N/A
2014-07-02 COMMENT Must be logged in to use chart ABM-X Athabasca Minerals

Fracing sand is turning out to be a great business to be in, so you want to go with the actual producer. This gives you a broader base, and is a much simpler way to get into that area. Not a bad area to get into.


Price:
$3.080
Subject:
CANADIAN
Bias:
DEFENSIVE
Owned:
Unknown
2014-07-02 TOP PICK Must be logged in to use chart AGU-T Agrium

This is much more diversified than Potash (POT-T). Likes that they are in Australia. Any price under $100 is good. Feels they have a lot of potential.


Price:
$97.380
Subject:
CANADIAN
Bias:
DEFENSIVE
Owned:
Yes
2014-07-02 COMMENT Must be logged in to use chart BAM.A-T Brookfield Asset Management (A)

He is looking at the Brookfield Group. This one is an experienced package of companies. Just raised some money, so they could be looking for transactions and infrastructure stuff. Very large organization. If you are looking for a long-term growth stock, possibly some volatility, this looks like a pretty good bet.


Price:
$47.140
Subject:
CANADIAN
Bias:
DEFENSIVE
Owned:
No
2014-07-02 COMMENT Must be logged in to use chart BB-T BlackBerry

Feels this is a little too volatile. They seem to be getting their act together and cash in the bank is improving. Have a lot of offshore users. Would like to see increased sales and the user base start to grow again.


Price:
$11.390
Subject:
CANADIAN
Bias:
DEFENSIVE
Owned:
Yes
2014-07-02 WAIT Must be logged in to use chart BBD.B-T Bombardier Inc (B)

(Owns preferreds, not the commons.) Thinks the company has great potential, but it always seems to be on the doorstep, just about to achieve their objectives. Have a great rail sector. Their airline side can be extremely profitable or, extremely dangerous. So far, this has been the millstone around their neck. The C series has a great design, and the engines are supposed to be great. With the world airline expansion going on right now, they can do quite well, but they’ve got to get the plane up in the air with no problems.


Price:
$3.800
Subject:
CANADIAN
Bias:
DEFENSIVE
Owned:
Yes
2014-07-02 TOP PICK Must be logged in to use chart BCE-T BCE Inc.

Have raised the dividend on a regular basis and the dividend is secure. After hitting $51 it has been trading back, and if it gets back under $47 the yield is quite nice, and there could be more dividend increases. Good place to park your money.


Price:
$48.190
Subject:
CANADIAN
Bias:
DEFENSIVE
Owned:
Yes
2014-07-02 COMMENT Must be logged in to use chart BTE-T Baytex Energy Corp

Has liked this company for a long time. Very predictable deposits. Heavier oil, but it flows and you don’t have to pump it that hard. Have also been very heads up in terms of using “oil by rail”. Have good connections in the US, and have been moving a fair amount of oil. Stock has always had a very good yield. Yield of almost 6%. Could see $52.58 in the next 12 months.


Price:
$48.810
Subject:
CANADIAN
Bias:
DEFENSIVE
Owned:
Yes
2014-07-02 PAST TOP PICK Must be logged in to use chart CNR-T Canadian National R.R.

(A Top Pick July 19/13. Up 34.96%.) Still likes this. The stock is acting well. Moving lots of fracing sand.


Price:
$70.050
Subject:
CANADIAN
Bias:
DEFENSIVE
Owned:
Yes
2014-07-02 DON'T BUY Must be logged in to use chart COS-T Canadian Oil Sands

This has not been his favourite for many years. This is a company where, about every 6 months, something blows up, burns down, etc. This is also old technology. You can find other oil stocks that pay better yields. They need capital in a big way. Feels there is some risk in the 5.8% dividend. (See Top Picks)


Price:
$24.160
Subject:
CANADIAN
Bias:
DEFENSIVE
Owned:
Unknown
2014-07-02 PAST TOP PICK Must be logged in to use chart CPG-T Crescent Point Energy Corp

(A Top Pick July 19/13. Up 29.02%.) Still one of his core stocks because of the dividends. It is now pushing back into its higher range, so he is a little concerned. Also, worries about flood problems in Saskatchewan.


Price:
$46.920
Subject:
CANADIAN
Bias:
DEFENSIVE
Owned:
Yes
2014-07-02 TOP PICK Must be logged in to use chart CVE-T Cenovus Energy

His favourite play in the oil sands. The PrairieSky (PSK-T) thing got him really thinking about all the drillable land this company has. They can do exactly the same kind of a sell-out, and it would be a great idea for them. There is hidden value here. Have a great spread of properties. He could see $37. There is a 3% dividend yield.


Price:
$34.640
Subject:
CANADIAN
Bias:
DEFENSIVE
Owned:
Yes
2014-07-02 COMMENT Must be logged in to use chart DH-T Davis and Henderson

Have done extremely well, and went from cheques into other sectors, and have shown themselves to be really heads up. Have done very well. 4% yield.


Price:
$30.990
Subject:
CANADIAN
Bias:
DEFENSIVE
Owned:
Yes
Showing 1 to 15 of 2,272 entries
First Previous 1 2 3 4 5 Next Last

No Comments.


You must be logged in to comment.