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
2016-07-19 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. We have just gone through the 1st significant correction of a new bull market that started in 2013, when the S&P exceeded its all-time high. The US market has really chopped its way sideways since 2000. There are lots of people who have become very sceptical, nervous and bearish. A new bull market is always borne out of skepticism and a difficult environment. We have now made a new high. There is all kinds of money that is trapped on the sidelines, which is going to have to find its way back into the market. Not to mention that $200 billion that came out of equity mutual funds in the last 2 years, and chased things like bonds at 1000 year lows in interest rates. He has been fully invested since the 2nd week in February. Markets look exceedingly good, and people will be very surprised at the next 2 years as the US economy slowly recovers.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
_N/A
2016-07-19 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

REITs? There has been a focus on things that pay a predictable income. There is always a concern for any income investment that rates could go higher. However, looking at the history of REITs, when you had periods of months when rates went higher, they tended to do better than other sort of bond proxies. This is because of the possibility of rising rents and rising distributions. He would be more likely to focus on US REITs.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Unknown
2016-07-19 COMMENT Must be logged in to use chart AMT-N American Tower

(Market Call Minute.) In the REIT camp, and a high growth company. Looks quite attractive.


Price:
$117.370
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2016-07-19 BUY Must be logged in to use chart AMZN-Q Amazon.com

This has been a big spender to build out capacity. In the world of retail, this is an unstoppable juggernaut, where purchase dollars are going on-line. That growth isn’t slowing any time soon. Then you get to bolt on the second theme, which is Cloud computing, and they are the 800 lb gorilla there as well.


Price:
$739.950
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2016-07-19 COMMENT Must be logged in to use chart BAC-N Bank of America

The big US banks were constrained over the last few years as the Fed made it clear that they didn’t want them returning cash to shareholders until they built up fortress balance sheets. As a result, people held off on investing. This bank gives you almost a straight shot at the US domestic economy. The banks in general lagged the market until a few weeks ago. The banks are now starting to lift. He would also consider J.P. Morgan (JPM-N), which has a very strong capital markets business. Both are very attractive and will give you great dividend growth.


Price:
$14.260
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Unknown
2016-07-19 DON'T BUY Must be logged in to use chart BBD.B-T Bombardier Inc (B)

This has had a good lift recently. He doesn’t tend to Buy turnarounds. Thinks it will continue to have challenges going forward. There are better places where you could focus.


Price:
$2.000
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
No
2016-07-19 HOLD Must be logged in to use chart BCE-T BCE Inc.

Telcos have been performing very well. So long as we are in a lower rate environment, this should continue to perform well.


Price:
$62.400
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Unknown
2016-07-19 BUY Must be logged in to use chart BMY-N Bristol Myers Squibb

The epicentre of the strength of the pharmaceutical group. It is head and shoulders above their competition right now. Looks very, very attractive. Pays a very nice 2% dividend. They’ll likely grow their dividend close to 20% a year over the next 5 years.


Price:
$75.470
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2016-07-19 DON'T BUY Must be logged in to use chart CELG-Q Celgene Corp

Biotech was a leading group in the market until last October when comments started coming out around pricing and some of the ways mergers and acquisitions were being done. It really took M&A off the table for many companies who were looking at low tax jurisdictions to make acquisitions. The leading theme in health care right now is health care devices. If the market continues to get better, this sector is likely to start participating. He would prefer to see this break above its declining 150 day moving average and take out its recent high of $110.


Price:
$102.260
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Unknown
2016-07-19 COMMENT Must be logged in to use chart CPB-N Campbell Soup Company

There are 2 key themes in the market. One is people who are betting on low interest rates, low inflation and low growth. In that camp, people are saying they’ll buy a dividend as opposed to a fixed income at record low yields. This is not an exciting company, but a pretty defensible one. People are buying this because it pays a 2% dividend that will slowly grow over time. It is not economically sensitive. If you believe we are in a low growth environment for a long time, these consumer staples, utilities and telcos could trade at significantly higher multiples.


Price:
$66.630
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Unknown
2016-07-19 PAST TOP PICK Must be logged in to use chart EA-Q Electronics Arts Inc

(A Top Pick July 9/15. Up 9.12%.) He likes this whole group. There is a secular trend there.


Price:
$76.500
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2016-07-19 BUY Must be logged in to use chart FB-Q Facebook

Digital advertising is one of his favourite themes. There are no competitors that can stack up to this and Google (GOOGL-Q).


Price:
$120.610
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2016-07-19 BUY Must be logged in to use chart GE-N General Electric

Has recommended this twice in the last year. As it became less focused on financials and more focused on their industrial business, he thought it became very, very attractive.


Price:
$32.930
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2016-07-19 BUY Must be logged in to use chart GOOGL-Q Alphabet Inc. (A)

Digital advertising is one of his favourite themes. There are no competitors that can stack up to this and Facebook (FB-Q).


Price:
$753.410
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2016-07-19 PAST TOP PICK Must be logged in to use chart GS-N Goldman Sachs

(A Top Pick July 9/15. Down 21.01%.) He was early on US financials and it is still a relatively small weight for him. At this time, he would prefer to focus on the commercial banks and some of the asset managers. He got Stopped out of this.


Price:
$161.410
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
No
Showing 1 to 15 of 3,891 entries
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