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

Viewing Expert

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
2016-02-22 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. The macro picture is that we went through a terrible period in 2008-2009, and it was so bad he thinks it is going to take more than the normal recovery time to see a full recovery in the economy. That takes us out to maybe 3 or 4 years. There has been growth, but it has been spotty. He is looking out 3 years, but admits there are a host of things that could go wrong, any one of which would hurt the market. He is optimistic and is taking a three-year view. It is a very different picture than what we saw in 2008-2009. China is largely self-contained. 85%-90% of its banking is internal, and the government will take whatever step is necessary for them to recover. It could have a shock value, but it will be a short-term one. There was a period in oil prices in 1973 when they went from about $350 to $39.50 in 1980. That was a major dislocation to equity markets and the economy, and some people never really recovered. Fast forwarding 42 years, we are now looking at a reverse period where energy prices are stable and lower. Thinks that $30 oil is close to the bottom.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
_N/A
2016-02-22 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

S&P 500 by the end of this year? Thinks it will be higher and doesn’t see much in the way of a retest of $1850-$1860. As the economy shows signs of picking up, then the market should pick up. He looks at consensus earnings per share for the S&P, $122 this year and $138 next year, which is quite ambitious. The S&P 500 should get to $2150 maximum this year.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
_N/A
2016-02-22 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Financials? Everyone expects financials should lead the market higher, but they continue to trade lower. This tells us that there is a great fear of a banking crisis. If “negative interest rates” became a policy of our chartered banks or the US banks, that would hurt earnings. The world doesn’t know what that would do to the banking picture. Right now it is energy prices and the potential risk of losses.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
_N/A
2016-02-22 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Are bank dividends safe? He cannot perceive, unless the situation is totally dire, that any bank will cut their dividends. The worst case is that they postpone any increases.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
_N/A
2016-02-22 HOLD Must be logged in to use chart ABX-T Barrick Gold

$1240-$1400 is his short term range, but even there a lot of gold companies will do much better than they had thought. Slashing debt where they can and focusing on the projects they are working on.


Price:
$17.550
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2016-02-22 TOP PICK Must be logged in to use chart AGU-T Agrium

Developing markets want a better quality of food and more of it, especially India and China. What is confusing in the short term is that potash prices have been weak based on currency weakness, import/export control, in that the government subsidizes the farmer to buy. The government has his own agenda, and sometimes the farmer can’t benefit to the extent that they should. Nitrogen, use for planting corn, is probably the most stable of the bunch. The real gem is its retail business in Canada, US and Australia. Likes that diversity that adds to the overall picture. Dividend yield of 4.27%.


Price:
$113.340
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2016-02-22 BUY Must be logged in to use chart BAC-N Bank of America

Of all US banks, this has a projected total return of 44% in price, 1.6% dividend and a forward ratio of 4.3%. The cheapest of the US banks. He prefers Wells Fargo (WFC-N).


Price:
$12.540
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2016-02-22 COMMENT Must be logged in to use chart BBD.B-T Bombardier Inc (B)

Not keen on government bailouts, however if Canada wants to have an aerospace industry, currently employing around 42,000 people, Québec has made the 1st move, and he hopes the Canadian government chips in as well. Sold his holdings prior to Air Canada’s (AC-T) order. If he had known about the order, he may not have sold.


Price:
$1.240
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2016-02-22 HOLD Must be logged in to use chart BNS-T Bank of Nova Scotia

Likes all the Canadian banks. They are cheap relative to their past multiples. A substantial part of the bad news is already baked into the stock price. This one focuses on emerging markets, and as those markets over the years become more prosperous, you will see that reflected in their business.


Price:
$55.480
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2016-02-22 BUY on WEAKNESS Must be logged in to use chart CNR-T Canadian National R.R.

Likes this rail, but hasn’t bought more. It recently had a rise. If it pulled back to $71-$75, he would be a buyer, but preferably closer to $71. This is the best of the pack. If you believe in the US recovery, which he does, this rail is ideally placed.


Price:
$78.810
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2016-02-22 BUY on WEAKNESS Must be logged in to use chart CTC.A-T Canadian Tire Corporation Ltd. (A)

Loves the company. It is a great company. It has done very well, but he would like to see it pull back 5%-10%. The balance sheet is in excellent shape. It has been suggested that they might be looking for acquisitions.


Price:
$130.920
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2016-02-22 BUY Must be logged in to use chart CVS-N CVS Health Corp

One of the best in its field. The demographics are going to benefit them. At this price, you could buy it here.


Price:
$97.460
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2016-02-22 COMMENT Must be logged in to use chart HR.UN-T H&R Real Estate Inv Trust

There is great fear about its 28% exposure to Alberta properties. If you take out the long-term leases of Encana (ECA-T), TransCanada (TRP-T) and its Hess Corp in Houston, that drops to 12%. People are dreadfully afraid that something is going to go wrong with the main tenants, which he thinks is unlikely. Trading at a 16% discount to NAV, and the norm is closer to 8%. Thinks the dividend yield of 6%+ is stable. You would be well rewarded with this.


Price:
$18.590
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2016-02-22 HOLD Must be logged in to use chart IPL-T Inter Pipeline

Hasn’t recommended this recently, mainly because of what is going on in the energy patch. Unless we get oil prices to the stage that it is attractive enough to do additional projects, he wouldn’t be looking to Buy. The dividend is secure.


Price:
$24.440
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2016-02-22 SPECULATIVE BUY Must be logged in to use chart K-T Kinross Gold

This is a gold company that he likes long-term. They have done a lot of good things. Got into trouble with their Russian property. If you look at all the statistics comparing it with Agnico-Eagle (AEM-T), it is quite cheap.


Price:
$4.090
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
Showing 1 to 15 of 4,421 entries
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