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
2016-08-12 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. NASDAQ, S&P 500 and the Dow had new highs. A lot of investors don’t have much alternative. The bond market is now the high risk market. The moment we see rates drop, a lot of the people with ETF’s and fixed income mutual funds, are going to get a sudden unpleasant surprise. You can also lose money with bonds. One of the surprises of the market is that bearishness is also at high levels, and there is a lot of cash on the sidelines. Thinks it is some of the bond money spilling over. Thinks that BREXIT, if it happens, is going to happen in a very modified way, and that the UK is going to remain as part of that whole economic package.


Price:
$0.020
Subject:
CANADIAN & ETF's
Bias:
OPTIMISTIC
Owned:
_N/A
2016-08-12 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

A low volatility ETF? He has BMO Low Volatility Cdn Equity (ZLB-T) and BMO Low Volatility US Equity (ZLU-T). He watches these fairly close. They continue to outperform their comparative markets.


Price:
$0.020
Subject:
CANADIAN & ETF's
Bias:
OPTIMISTIC
Owned:
Yes
2016-08-12 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Canadian Banks? In his portfolios, he has the Toronto Dominion (TD-T) and Bank of Montréal (BMO-T) and Bank of Nova Scotia (BNS-T) as core positions. They are quite different from each other. Canadian banks in general are better managed and more equipped on the electronic side and with the systems, compared to the typical US banks. You could also Buy a Bank ETF which will give you more diversification, and is not a bad way to go.


Price:
$0.020
Subject:
CANADIAN & ETF's
Bias:
OPTIMISTIC
Owned:
Yes
2016-08-12 COMMENT Must be logged in to use chart ALA-T Altagas Ltd

He was looking for an alternative to Transalta (TA-T), and this one stepped into the picture. The real disappointment is that a lot of the long-term plans for LNG export seem to be fading into the sunset. Also LNG on the international market has fallen about 50%. Good management. The environment that they are having to deal with has gotten a lot tougher. He has sold most of his holdings off. Dividend yield of 6%+, which he feels is reasonably safe.


Price:
$34.300
Subject:
CANADIAN & ETF's
Bias:
OPTIMISTIC
Owned:
Yes
2016-08-12 COMMENT Must be logged in to use chart BAM.A-T Brookfield Asset Management (A)

A huge asset management company. They are across the world and have various sub funds that are quite attractive at various points in time. Looks at this as an almost “trading” situation. Right now he sees it going sideways. One of the problems is that you are dealing with a company where you are never sure what they are going to do next. Very smart management and have been very successful. When he thinks it is cheap, he will step into it.


Price:
$45.440
Subject:
CANADIAN & ETF's
Bias:
OPTIMISTIC
Owned:
No
2016-08-12 COMMENT Must be logged in to use chart BTE-T Baytex Energy Corp

Bought a little of this recently when it got knocked back. One of the better managed oil/gas companies, mainly on heavy oil in Canada and light oil in Texas. They have a balance sheet that is under control. Fixed their lines of credit, so they are basically operating on a positive cash flow basis. He likes that they have some really good Texas shale properties. Once we see oil back in the $50-$60 range, those wells can be completed.


Price:
$6.660
Subject:
CANADIAN & ETF's
Bias:
OPTIMISTIC
Owned:
Yes
2016-08-12 DON'T BUY Must be logged in to use chart EMP.A-T Empire Company (A)

Made a major acquisition on the retail grocery side in Western Canada, that turned out to be a disaster. The CEO is now gone, and they have a replacement. This is a tough business to be in. It is going to take them a little while to sort out. Once you lose clients in the retail grocery business, it is hard to get them back.


Price:
$21.540
Subject:
CANADIAN & ETF's
Bias:
OPTIMISTIC
Owned:
No
2016-08-12 COMMENT Must be logged in to use chart ENF-T Enbridge Income Fund Holdings

An income fund where Enbridge (ENB-T) trades down certain good, safe assets into the fund. This is a safe, almost a quasi preferred entry into Enbridge. It is not considered to be a high-performance stock. He is not enthused about the major pipelines in Canada, because of all the flack that they are running into. This is a way to get a higher yield of good assets in the pipeline area.


Price:
$32.330
Subject:
CANADIAN & ETF's
Bias:
OPTIMISTIC
Owned:
Unknown
2016-08-12 TOP PICK Must be logged in to use chart IGM-N iShares N.A. Technology ETF

This has been quiet lately, but he sees the Tech sector starting to come back in the US, and he is quite positive on the US economy. This ETF has started to show some signs of life after plateauing for a little while. Gives you good diversification.


Price:
$120.120
Subject:
CANADIAN & ETF's
Bias:
OPTIMISTIC
Owned:
Yes
2016-08-12 TOP PICK Must be logged in to use chart IPL-T Inter Pipeline

Likes this as a way to back into the energy market out west. You get a good dividend (5.72%), and it doesn’t have the same problems as the major pipelines. They have good, long term contracts with big producers. This is a quasi utility. Good management. Made an acquisition that is going to be accretive.


Price:
$27.280
Subject:
CANADIAN & ETF's
Bias:
OPTIMISTIC
Owned:
Yes
2016-08-12 COMMENT Must be logged in to use chart MFC-T Manulife Financial

This has some significant internal management problems. The stock has really gone nowhere. Every time we get a report, something new pops up. They have far too great an emphasis on building a business in the far east. Feels it is high risk business.


Price:
$17.010
Subject:
CANADIAN & ETF's
Bias:
OPTIMISTIC
Owned:
No
2016-08-12 WAIT Must be logged in to use chart MG-T Magna Int'l. (A)

One of the best managed automotive companies in the world. It’s diversified, being in North America and Europe. The basic attitude of the market towards the automotive stocks has turned very negative. He would be a little cautious about stepping in now, but at some point, maybe $10 below where it is now, you could have a hard look at it. This trades at a little less than 8X earnings.


Price:
$52.620
Subject:
CANADIAN & ETF's
Bias:
OPTIMISTIC
Owned:
No
2016-08-12 COMMENT Must be logged in to use chart MRU-T Metro Inc (A)

This has performed quite well. It may have dropped today because of people taking profit. The stocks are fairly thinly traded, and it doesn’t take much to affect them. This is fine.


Price:
$45.300
Subject:
CANADIAN & ETF's
Bias:
OPTIMISTIC
Owned:
No
2016-08-12 DON'T BUY Must be logged in to use chart PWF-T Power Financial Corp

He became really concerned with the mutual fund sales aspect of this company. Thinks ETF’s are going to kill the mutual fund business. He moved out of this and bought Sun Life (SLF-T) instead.


Price:
$29.120
Subject:
CANADIAN & ETF's
Bias:
OPTIMISTIC
Owned:
No
2016-08-12 PAST TOP PICK Must be logged in to use chart SLF-T Sun Life Financial Inc

(A Top Pick July 31/15. Up 1.29%.) All the life companies seem to be under pressure. This has a reasonable dividend. They are very good in the wealth management business, and they are not in any casualty business. He avoids the casualty business like the plague.


Price:
$41.660
Subject:
CANADIAN & ETF's
Bias:
OPTIMISTIC
Owned:
Yes
Showing 1 to 15 of 2,676 entries
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