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

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Peter Brieger , Chairman & Chief Executive Officer

GlobeInvestment Capital Management

Address
20 Queen Street West
Suite 3308
Toronto, ON
M5H 3R3

Contact Info
Telephone: 416-591-7100
Fax: 416-591-7133
Email:
Website: http://www.globe-invest.com


Date Signal Chart Symbol Company Opinion Price
2014-10-27 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. The recent correction was a little worse than those after 2008. This is because we have gone about 2-2.5 years without a 5% correction, which has been talked about for some time. We have forgotten how bad it can feel. Indexes are down, but if you take a look at some of the subgroups, they were down 15%-20%, and in some cases 25%. He is betting that the worst is over. If you look at the underlying US economic data, it is far too good relative to what we expected, and it is getting better. Feels this is going to propel corporate earnings, which we are currently getting, to propel the market higher. There are a number of catalysts to keep the economy and stocks moving forward. Real wages have gone up 5.5% year-over-year, as has CPI at 1.7%. Wealth has increased, mainly because of the stock market’s rise. Part of the problem is that it is an uneven distribution. At the banks, there is relaxation of lending standards as well as easing of mortgage lending standards. Lower oil prices eventually lead into the economy, giving the consumer more money.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
_N/A
2014-10-27 COMMENT Must be logged in to use chart AC.B-T Air Canada (B)

Flights are full, fuel costs are down 20%, the pension plan is fully funded, and the economy is recovering. The only question he has is, how much better can it get. In addition to that, they have started charging for extra baggage, which is a great positive for corporate cash flow earnings. Too volatile for him. He has tended to avoid this type of stock over the years.


Price:
$8.680
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2014-10-27 COMMENT Must be logged in to use chart BAC-N Bank of America

Bank of Nova Scotia (BNS-T) or Bank of America (BAC-N)? By owning a Canadian bank you can take advantage of the Canadian dividend tax credit, which basically means a lot. Secondly, if you are going to buy something in the US, you are paying up for it, and that implies a potential exchange risk down the way.


Price:
$16.590
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2014-10-27 COMMENT Must be logged in to use chart BCE-T BCE Inc.

Doesn’t own any of the communication stocks. With all the turmoil going on in the industry and the possibility of a 4th entrant, the competition is going to be severe. He has stayed away for the past couple of years. The dividend is safe, and if you are a senior and looking for flat to modestly rising growth, you are going to get this from this company. This one would be OK.


Price:
$49.110
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2014-10-27 COMMENT Must be logged in to use chart BNP-T Bonavista Energy Corp

He was disgusted by unexpected dividend cuts and sold his holdings. It has had quite a correction. You have to be positive on natural gas over the next 3-5 years, which he is. Feels this company will benefit from a rising tide. He prefers ARC Resources (ARX-T). 7.8% yield.


Price:
$10.770
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2014-10-27 COMMENT Must be logged in to use chart BNS-T Bank of Nova Scotia

Bank of Nova Scotia (BNS-T) or Bank of America (BAC-N)? By owning a Canadian bank like this, you can take advantage of the Canadian dividend tax credit, which basically means a lot. Secondly, if you are going to buy something in the US, you are paying up for it, and that implies a potential exchange risk down the way. This is a great way of playing the Canadian economy as well as emerging markets.


Price:
$67.950
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2014-10-27 HOLD Must be logged in to use chart CAE-T CAE Inc

Likes this because it is a Canadian quasi-tech story that basically feeds into global markets, both from the simulator side and from the training side.


Price:
$14.860
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2014-10-27 PAST TOP PICK Must be logged in to use chart CEF.A-T Central Fund of Canada Ltd (A)

(A Top Pick Oct 21/13. Down 8.7%.) Feels everybody should have some gold in their portfolio. Eventually the Chinese will lead gold higher.


Price:
$13.860
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-10-27 COMMENT Must be logged in to use chart CM-T Canadian Imperial Bank of Commerce

If he were going to add a 4th position to his holdings, it would be a tough call between this and the Bank of Nova Scotia (BNS-T). If you are looking for a plain vanilla, solidly run bank, this is probably one you should own. Highly focused on domestic business. The new chairman coming in is very much focused on building up the wealth management part of the business. One of the cheapest of the bunch. Good yield.


Price:
$101.320
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2014-10-27 PAST TOP PICK Must be logged in to use chart CPG-T Crescent Point Energy Corp

(A Top Pick Oct 21/13. Down 2.31%.) This is a company where you really have to have a 5-10 year view because, in their thinking, they want to be a very major player. They're looking at 150,000-160,000 barrels of oil a day. He thinks it can go to 200,000+. They do this by having a huge inventory of wells that can be drilled for not only primary purposes, but also where they can apply secondary recovery methods. Yield of over 7%.


Price:
$37.100
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-10-27 SELL Must be logged in to use chart CUS-T Canexus Corp

One of the low-cost sodium, chlorate and alkali producers, which is used mainly in the pulp and paper business, as well as the treatment of water. They have a small division called North American Terminals Operation, which is involved in the loading of oil into tank cars. They just lost a contract which will reduce the utilization rate by 40%, and will hit the earnings. Debt is way out of whack relative to equity. Yield of nearly 11%, and is going to go down.


Price:
$3.780
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2014-10-27 COMMENT Must be logged in to use chart G-T Goldcorp Inc

This is a great long-term Hold. A fine company that is well run. They are going to have major increases in production over the next 2-3 years, 1.6 million ounces going up to 3 million. Have their costs under control.


Price:
$24.720
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-10-27 BUY Must be logged in to use chart HR.UN-T H&R Real Estate Inv Trust

The argument against this and other REITs and interest-rate sensitive stocks, was during the interest rate scare. Although interest rates might be going up, so do rents and therefore the cost of borrowing is offset by increased rental revenues.


Price:
$22.220
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-10-27 DON'T BUY Must be logged in to use chart IMO-T Imperial Oil

Would prefer Canadian Natural Resources (CNQ-T), which is much larger and more diversified.


Price:
$51.020
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2014-10-27 TOP PICK Must be logged in to use chart IPL-T Inter Pipeline

Several criteria for tonight’s Top Picks are for solid assured cash flow growth and subsequent growth in distributions. There have been both with this company. This is basically a business that is involved with Take & Pay contracts for a major part of the business, or cost of service plus. Given the business that they have currently on the books, you are going to see a major increase in cash flow per share of about $1.40, and probably see 30% of that added to the current distribution. Feels the pipeline business in Canada is a growth business. Very good value. Yield of 3.68%.


Price:
$35.060
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
Showing 1 to 15 of 4,209 entries
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