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

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David Cockfield , Sr. VP & Managing Director

Northland Wealth Management


Date Signal Chart Symbol Company Opinion Price
2014-08-15 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. The Russian/Ukraine situation is a very touchy situation. Doesn’t think it means much for the markets. He still remains cautious on the markets. Feels it is pretty reasonably priced. When everything is quiet, that is usually the quiet before the storm. When markets run too much on the upside, that is when people get into trouble with too much margin and they get a little too risky. Some are in the market and shouldn’t be there. Thinks a 5%-10% correction would do the market some good.


Price:
$0.020
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
_N/A
2014-08-15 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

How do you position your portfolios in the possibility of a 10%-20% market correction? One of the rules is that if you have 7% or more in a particular holding, you keep it that way. If it grows to 10%, then you knock it back by 3%. This assumes that you’ve got a relatively diversified portfolio. If you have a high beta stock and the market sells off 5%, it will sell off 10%, so that is where you probably try to lighten up a little. Also, dividend stocks tend to react better in difficult markets. (See Top Picks.)


Price:
$0.020
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
_N/A
2014-08-15 PAST TOP PICK Must be logged in to use chart AGU-T Agrium

(A Top Pick Aug 12/13. Up 15.7%.) Still likes this, but it is a little dicey at the moment. It looks like we are in for a bumper crop, and he is not sure if that means farmers are going to make more money or less, because the price of the individual products is down. He is watching the situation closely.


Price:
$100.260
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Yes
2014-08-15 COMMENT Must be logged in to use chart AQN-T Algonquin Power & Utilities Corp

Just hit a new high in the last couple of days. Has been rather a dull stock lately. Pays a reasonable dividend. Has a mixed bag of assets, including water plants, sewage plants in Arizona, power plants in Ontario and in the US eastern seaboard. He keeps hoping somebody will take the stock out. A relatively safe investment.


Price:
$8.520
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Yes
2014-08-15 HOLD Must be logged in to use chart BA-T Bell Aliant

Why is this selling below the bid price? He did some quick calculations when the bid came out and sold at a price over $31. The reason for this is that they have cut out the dividend. You are going to wait to November, and at that point in time you are going to get $31, so you have to discount that (The no dividend aspect?) Or you are going to get some mix of Bell stocks. In the meantime, the stock is going to trade off the Bell component. The stock is not going to do much. He would probably just sit with this.


Price:
$30.450
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
No
2014-08-15 SELL Must be logged in to use chart BAD-T Badger Daylighting

The real problem is that what they do is not a patentable process. In other words, anybody can go out and build the same equipment and do the same kind of job. They do a water process to drill under roads and suck up the debris. This is a very efficient and quite amazing process. The multiple got way out of line. They are going to be facing more competition. He would be out of this until you see where it settles down.


Price:
$28.740
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
No
2014-08-15 TOP PICK Must be logged in to use chart BAM.A-T Brookfield Asset Management (A)

This hasn’t been doing much for a while and he has been watching it. He likes the Brookfield group. This is a growth stock. Yield is relatively small. Likes what they are doing and their international exposure. Has many facets to it including agricultural, timber land, etc. This is a way to get international exposure in a company that really knows its way around the world. Start off with a small percent and then add into it cautiously.


Price:
$51.730
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Yes
2014-08-15 COMMENT Must be logged in to use chart BBD.B-T Bombardier Inc (B)

The C series has great potential. The rails side is excellent and they win contracts but there are minimal margins in that business. They just look like they are ready to get the C series off the ground, and then something goes wrong. If they start flying that plane and it performs well and orders start coming in, the stock is probably going to go to $10. In the meantime it is a “wait and see” situation.


Price:
$3.820
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Unknown
2014-08-15 PAST TOP PICK Must be logged in to use chart BCE-T BCE Inc.

(A Top Pick Aug 12/13. Up 22.23%.) Expect there will be another dividend increase. The main reason he holds it is because of the stability and the dividend.


Price:
$48.290
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Yes
2014-08-15 BUY on WEAKNESS Must be logged in to use chart BNS-T Bank of Nova Scotia

Has liked this for a long time. Likes its international exposure. They used to be just the Caribbean, but is now Mexico, Central America and into South America. The Canadian banking business is a tight market. They are all quite competitive. Quite a conservative bank. Have an excellent record of “not losing” money on the loan side. If it came off a little, he would add to his holdings.


Price:
$72.400
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Yes
2014-08-15 COMMENT Must be logged in to use chart CP-T Canadian Pacific Rail

Thinks the multiple is around 35X PE. Likes the rails, but this one is really riding on a wave of enthusiasm, relating to an improvement on its various ratios. Should it ever miss a step along the way, the stock will take a good 10%-15% hit. He has basically moved any money he had in this, over to Canadian National (CNR-T), which trades at about 18X and isn’t under quite the same spotlight to meet objectives. Both companies are in good growth areas and both are benefiting from the transportation of oil. They have more business than they can almost really handle at this time. A good place to be in this kind of a growth economy.


Price:
$212.870
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
No
2014-08-15 HOLD Must be logged in to use chart IPL-T Inter Pipeline

It looks like they can do 10% growth annually. Dividend is okay. Likes the pipeline aspect in Alberta. The oil sands and other projects are all creating the need to get stuff from A to B. They dominate the scene in Alberta, and he thinks this is going to continue. 10% growth is a reasonably conservative estimate.


Price:
$36.100
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Yes
2014-08-15 BUY Must be logged in to use chart MBT-T Manitoba Telecom Services

This is not very exciting, but the dividend is quite secure.


Price:
$30.490
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Yes
2014-08-15 DON'T BUY Must be logged in to use chart NBD-T Norbord Inc.

This produces oriented strand board. They have plants all over the southern US, Canada and in Europe. Recently started paying a dividend and the yield is extraordinary at around 11%. What the market is telling you is that the dividend is not safe, so you have to make a calculation whether you hold it for the dividend, and if it is cut how much downside there is going to be. With US housing quieting down, the market is sending you a signal that there are some problems here.


Price:
$21.480
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
No
2014-08-15 WEAK BUY Must be logged in to use chart S-T Sherritt International Corp.

This is a speculative stock. They have a major project in Madagascar with great partners, but the politics are questionable. There are some environmental aspects to it, but the deposit is excellent. Their technology really fits that particular ore deposit. If this project goes bad, he doesn’t know where the stock will go from there.


Price:
$4.060
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
No
Showing 1 to 15 of 2,293 entries
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