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

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Date Signal Company Expert Opinion Price
2015-01-23 N/A A Comment -- General Comments From an Expert
A Commentary
Randy LeClair

Interest rate drop. How does this look with the new issues of banking preferreds, high-yield, corporate debt, etc. You are looking at much, much lower yields, but he thinks there is a limit there, but doesn’t know what it is.


Price: $0.020
Subject: BONDS & PREFERRED SHARES
Bias: UNKNOWN
Owned: _N/A
2015-01-23 N/A A Comment -- General Comments From an Expert
A Commentary
Randy LeClair

Bonds. Canadian bonds went up something like 9% last year, but that was a rebound from a weak 2013. We actually had a negative return on the Canadian bond index in 2013, and people in the bond market had thought this was the end of the low interest rates that we saw in 2013. In 2014, we realized that tapering wasn’t a bad thing that everybody thought it was, so we had a really hard rally down again when interest rates dropped. 8.8% total return, on the Canadian bond index last year. He is overweight on the corporate bond markets, where spreads haven’t compressed yet.


Price: $0.020
Subject: BONDS & PREFERRED SHARES
Bias: UNKNOWN
Owned: _N/A
2015-01-23 N/A A Comment -- General Comments From an Expert
A Commentary
Randy LeClair

What do “D+18” and “FF” mean in corporate bonds? FF is a “Fixed Floater”, which means the bond is fixed for a certain period of time, and after that time it begins to float. In Canada it is a rare for it to go past the fixed point. The D+18 means the company has the right to Call that bond at the Deposit Rate +18 basis points. This is usually quite a bit tighter than where the market usually trades the bond.


Price: $0.020
Subject: BONDS & PREFERRED SHARES
Bias: UNKNOWN
Owned: _N/A
2015-01-23 N/A A Comment -- General Comments From an Expert
A Commentary
Randy LeClair

$5000 in an RESP to run for 13 years. Suggestions? He would suggest looking at either a fund or an ETF. You could also look at individual preferred shares.


Price: $0.020
Subject: BONDS & PREFERRED SHARES
Bias: UNKNOWN
Owned: _N/A
2015-01-23 N/A A Comment -- General Comments From an Expert
A Commentary
Jaime Carrasco

Energy. The drop in oil prices is one of the catalysts to be looking out for going forward. This and the US$ are interrelated on the rise of the dollar. The key concern going forward which will bring more volatility to the North American market, is the level of debt on the fracing industry. A lot of this debt is not going to be able to be paid if oil prices stay here; you need oil prices above $85. He is currently under weighing the oils completely, but is looking forward to getting in. Thinks it is a great opportunity for Canada in the next couple of months. As the fracing industry gets destroyed because of debt, that production is going to have to be replaced, and Canada is that good supplier of that energy. This could be a pretty big hit to the economy.


Price: $0.020
Subject: RESOURCE, UTILITY & REITs
Bias: UNKNOWN
Owned: _N/A
2015-01-23 N/A A Comment -- General Comments From an Expert
A Commentary
Jaime Carrasco

Gold. Last year, this was the world’s 2nd best performing currency. If you look at gold as money, it is finally catching up to the US$. Looking at the period between 1978 and 1980, when gold had a massive run from $200-$100, it started moving in tandem with the dollar, and eventually caught up and beat it. If you have a race to the bottom, gold is finally catching up.


Price: $0.020
Subject: RESOURCE, UTILITY & REITs
Bias: UNKNOWN
Owned: _N/A
2015-01-23 WAIT A Comment -- General Comments From an Expert
A Commentary
Jaime Carrasco

Zinc? He thinks it is too early to step in. He would wait to see when the dollar tops, and then start to pick away at some of the miners.


Price: $0.020
Subject: RESOURCE, UTILITY & REITs
Bias: UNKNOWN
Owned: No
2015-01-23 COMMENT Agnico-Eagle Mines
AEM-T
Jaime Carrasco

The core of his precious metals holdings. One of the few companies that has actually been making money through this period. What they have been doing is buying up the competition. Has a great financial leverage.


Price: $40.380
Subject: RESOURCE, UTILITY & REITs
Bias: UNKNOWN
Owned: Yes
2015-01-23 TOP PICK Altagas Ltd
ALA.PR.G-T
Randy LeClair

Preferred series G 4.75%. (ALA.PR.G-T). Energy pipeline. This is trading a little bit above par. It resets in 2019 and is 306 basis points, so you have the spread protection.


Price: $25.500
Subject: BONDS & PREFERRED SHARES
Bias: UNKNOWN
Owned: Yes
2015-01-23 PAST TOP PICK Algonquin Power & Utilities Corp
AQN-T
Jaime Carrasco

(A Top Pick Jan 24/14. Up 48.74%.) He likes the power and he likes the utilities. He’ll be continuing to add to his holdings when he brings some cash back in.


Price: $10.160
Subject: RESOURCE, UTILITY & REITs
Bias: UNKNOWN
Owned: Yes
2015-01-23 COMMENT Artis Real Estate Investment Trust
AX.UN-T
Jaime Carrasco

The only concern is that a lot of the real estate is in Calgary, but they do have some pretty good leases in Calgary. The real question is how long we are going to be in the doldrums on oil prices. Has not added to his position, but has reduced when oil prices started coming down. Still too early to tell, but will be adding to this at some point.


Price: $15.540
Subject: RESOURCE, UTILITY & REITs
Bias: UNKNOWN
Owned: Yes
2015-01-23 COMMENT Brookfield Infrastucture Partners
BIP.UN-T
Jaime Carrasco

Likes that this a global play. Just added some telco assets in Europe. Likes the way the company is run. They are very good at acquiring assets. If you are looking to diversify out of pipelines and utilities and into infrastructure, this is a good one.


Price: $53.480
Subject: RESOURCE, UTILITY & REITs
Bias: UNKNOWN
Owned: Yes
2015-01-23 COMMENT Bank of Montreal (Preferred M)
BMO.PR.M-T
Randy LeClair

Preferred M’s? This is a reset, which went to reset in 2013. Started at a higher rate and then reset to a fixed rate at 3.39%. In this environment, it won’t reset again until 2018. The bad news on this is that he doesn’t think the bank would let it go to the next reset because of capital issues. This might be worth getting out of and then switching over to something else, perhaps insurance companies.


Price: $25.670
Subject: BONDS & PREFERRED SHARES
Bias: UNKNOWN
Owned: Unknown
2015-01-23 PAST TOP PICK Bank Of Montreal (Preferred)
BMO.PR.T-T
Randy LeClair

(A Top Pick Sept 8/14. Down 0.77%.) BMO Floating Rate Preferred Share Series 17. Shouldn’t be volatile except when the bank of Canada rate drops. It was up on the year, but as soon as the interest rate cut came in, it dropped. This was a defensive strategy for people who thought rates were going to go up. It is still a pretty good substitute for a Money Market type of return, plus you get the dividend tax credit.


Price: $25.470
Subject: BONDS & PREFERRED SHARES
Bias: UNKNOWN
Owned: Yes
2015-01-23 TOP PICK Co-operators General Insurance Co
CCS.PR.C-T
Randy LeClair

Preferred series C 5%. (CCS.PR.C-T). This can be redeemed in 2016 at $25. Currently trading at $24.31, below its par value. It gives you yield of 7.36%.


Price: $25.000
Subject: BONDS & PREFERRED SHARES
Bias: UNKNOWN
Owned: Yes
Showing 1 to 15 of 136,337 entries
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