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

Viewing Expert

David Burrows , President & Chief Investment Strategist

Barometer Capital Management


Date Signal Chart Symbol Company Opinion Price
2016-09-13 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market. Feels we have ultimately begun a bottoming process in interest rates, and that the bond market has made a turn and rates are likely to go higher. For 30 years rates have been coming down. When people get very used to an asset class doing well, they pour a lot of money into it. Over the last 10 years, that was accentuated. As rates “slowly” work their way higher, money slowly comes out of bonds and into equities. He believes we are in a long-term bull market for stocks. As those changes take place, you are going to get moments of dislocation and sloppiness, but ultimately all of the pieces are falling into place to support that, and this can go on for years.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
_N/A
2016-09-13 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Why should Canadians invest in Canada? As you are living in a home currency, the Cdn$, there is some reason to have assets here. However, the Canadian market is relatively small on a world basis. Canada is very attractive when you are in a commodity cycle, which he doesn’t believe we are. He would prefer to be in the US, because the economic backdrop is pretty constructive and solid, but would also look at some other countries. He is about 25% Canadian stocks in equity portfolios, and about 40% in income portfolios.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
_N/A
2016-09-13 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Why is there fear of a .25% increase that the Fed is supposedly going to make? Emotion comes from somewhere, in markets over the last several years have had lots of volatility. Starting in 2000 investors lived through 2001-2002, through 2007-2009, and a big correction in 2011, etc., etc., and all the while below trend growth. A body of pessimism has been built around markets that has been born out of many years. That has happened lots of times before. The obvious reason why Central Banks are careful about raising rates, is that they have felt that the economy and the economic recovery was somewhat fragile and halting, and so people want to make sure that they don’t choke that off. By the time a central bank does raise rates, no central banker wants to be blamed for derailing an economic recovery. Amongst market strategists, the supposed experts, there is almost uniform bearishness, negativity or caution on behalf of them, but if you go back over the last 30 years, and any time there was such a consensus view, the market was up 100% of the time over the following 12 months and averaged 27%. A tempest in a teapot. They should get the rate reset done.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
_N/A
2016-09-13 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Stop losses. He uses stop losses on all his positions. There are many ways to do that, such as a moving average or a percentage. Every equity has its own personality, some much more volatile than others. He tries to identify inflection points where, due to changing behaviour, it is obvious that something is changing. He uses a “point and figure” price chart.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
_N/A
2016-09-13 BUY Must be logged in to use chart AMGN-Q Amgen Inc.

A great company and one of the stronger performers in its category. 2.5% dividend yield. Growing earnings at about 10%. They have very strong franchises. You could also buy a basket of the big biotech companies through the Spdr S&P Biotech (XBI-N) ETF. The only difficulty is that to move the needle on a $125 billion company is that they have to make a big acquisition, and there are not so many out there right now.


Price:
$169.300
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2016-09-13 PAST TOP PICK Must be logged in to use chart AMZN-Q Amazon.com

(A Top Pick Sept 29/15. Up 53.21%.) A disruptive company. They disrupted retail, the leader in Cloud Computing. They have tremendous momentum in all their businesses, and it is hard to see how someone could unseat them. He would continue to Buy this.


Price:
$761.010
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2016-09-13 COMMENT Must be logged in to use chart BAC-N Bank of America

Bond yields are likely to slowly work higher, and financials are the most positively impacted by a rise in yields. This one looks really attractive and he considered making it a Top pick today. Loan growth is solid in the US. This had recently been run as though rates are never going to go higher, so have been focused on cost cutting and ways to be more profitable in a low interest rate environment. You are likely to see good dividend growth with all the US banks. This one also has capital market exposure, and with his view that we are in a bull market for stocks, there is likely to be lots of M&A and underwriting of new issues.


Price:
$15.720
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2016-09-13 BUY Must be logged in to use chart BIP.UN-T Brookfield Infrastucture Partners

Infrastructure is quite attractive currently. This is one you could tuck away, and he wouldn’t mind owning it.


Price:
$61.700
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2016-09-13 BUY Must be logged in to use chart CERN-Q Cerner Corp.

He really likes technology, both in financial services and healthcare. Companies are needing to spend to find ways to save costs and become more productive. This company has very strong technology around medical records and clinic workflow, and the stock is performing well.


Price:
$61.940
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2016-09-13 COMMENT Must be logged in to use chart CNR-T Canadian National R.R.

Canadian National (CNR-T) or Canadian Pacific (CP-T)? When the market started to weaken last spring, one of the things that led the market to the downside was Transports. Over the last few weeks, transports have been picking up relative to the market, which is encouraging for the market. This is an interesting time to take a look at the transports. He has a simple view. CN is North-South; US-Mexico. CP is more about East-West and more about commodities and more about global trade. He prefers to make the trade on the North American block. CN right now is about 15% of forest products, and the housing market in the US has been growing now at about 10%. He would prefer this rail at this point.


Price:
$80.930
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2016-09-13 COMMENT Must be logged in to use chart CP-T Canadian Pacific Rail

Canadian National (CNR-T) or Canadian Pacific (CP-T)? When the market started to weaken last spring, one of the things that led the market to the downside was Transports. Over the last few weeks, transports have been picking up relative to the market, which is encouraging for the market. This is an interesting time to take a look at the transports. He has a simple view. CN is North- South; US-Mexico. CP is more about East-West and more about commodities and more about global trade. He prefers to make the trade on the North American block. CN right now is about 15% of forest products, and the housing market in the US has been growing now at about 10%. He would prefer Canadian National at this point.


Price:
$194.370
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2016-09-13 DON'T BUY Must be logged in to use chart DIS-N Walt Disney

A wonderful company and have got amazing franchises. The theme park business is incredible. Their content movie business is very, very strong. A concern is that one of the most profitable parts is ESPN, which has lost some momentum in subscribers. The 2nd concern has been the global consumer. Trading near the low for the year. 1.5% dividend yield. He would avoid this for now.


Price:
$92.700
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2016-09-13 BUY Must be logged in to use chart FB-Q Facebook

A remarkable company. It has 1.7 billion monthly users. They have other incredible brands like WhatsApp and Instagram. What is amazing is that they have all of this information on all of their users. You want to own this because they are targeting specific advertising, digital advertising. Digital advertising last year was 35% of advertising spend, TV was 37%. Digital spend is catching up to TV. This is only going to get better at monetizing that giant subscriber base. Google (GOOGL-Q) is as well. You need to own both of these companies. A great long-term hold.


Price:
$127.210
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2016-09-13 BUY Must be logged in to use chart MA-N Mastercard Inc.

This has been a great stock to hold. It rallied extremely nicely into the early part of 2015, and since then, like a lot of companies in the market, it has chopped in a trading range. Currently it is back at the top of the trading range. If you believe interest rates can slowly move higher, this is an interest rate sensitive company. Thinks it is very close to breaking out to new highs and that there is a whole leg higher in the stock.


Price:
$99.390
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2016-09-13 PAST TOP PICK Must be logged in to use chart MLM-N Martin Marietta Materials

(A Top Pick Sept 29/15. Up 21.75%.) Construction aggregates. This had a very good path. If you think there could be fiscal stimulus in the US, companies like this are going to do very, very well.


Price:
$178.500
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
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