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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
2015-07-07 N/A A Comment -- General Comments From an Expert
A Commentary
Jason Mann

Markets. We have lofty valuations on stocks and we now have the Fed that is trying to normalize borrowing costs. That accommodation doesn’t leave you a lot of places to hide when interest rates start to rise. Typically you would use bonds or defensive stocks as a way to play defence. As we saw in June, balanced funds all of a sudden aren’t looking so balanced. Thinks China is a bigger concern than Greece. The Chinese market is still the driver for commodity demand. It is starting to drive a flight to safety in the US$. All you need to do is look at where the US$ is going, and that will tell you where commodities are going, as well as where equities are going. Looking at the price of oil and copper today, it looks like there is more volatility ahead. Playing defence in Canada is definitely important. For an average investor with a long time frame of 15-20 years, the market volatility is just par for the course. Any time the market starts to act technically weak, bad things can happen. Volatility picks up and the likelihood of large drops starts to pick up. A 10% allocation of cash in a portfolio would not be out of line for a long-term investor. He looks at stocks in 3 ways. Good price momentum, good valuation, and reasonably low volatility.


Price: $0.020
Subject: NORTH AMERICAN
Bias: CAUTIOUS
Owned: _N/A
2015-07-07 N/A A Comment -- General Comments From an Expert
A Commentary
John Zechner

Economy. China, in the past 4 weeks, is down 30% from its peak, mostly because of a bull market that was really driven by government policies that were urging investors to take aggressive bets. He doesn’t think people realize what the risk are out there, or how far they are being pushed out the curve by these continued Central Banks positions of zero interest rate policies. In the end, they are not getting the desired effects of trickle-down economics. There is a flurry of individual investors who have never invested before and are being dragged into the market. He doesn’t know how sophisticated they are or really know what they are doing and are the ones who panicked in and are panicking out. There have been a lot of questions about Chinese accounting and other things. Doesn’t think the average institutional investor is really throwing a lot of money into the Chinese market.


Price: $0.020
Subject: NORTH AMERICAN - LARGE
Bias: BEARISH
Owned: _N/A
2015-07-07 BUY Apple
AAPL-Q
Jason Mann

A perfect picture of a quantitative stock. It scores really well on price momentum, valuation and in the top 2% of the S&P 500 on value. Trading at 8X EBITDA and 15X PE. This is a company with 38% ROE, and yet trades at a lower multiple than the broad market. One of the best balance sheets you could possibly find. They have a lot of options in buying back stocks.


Price: $125.690
Subject: NORTH AMERICAN
Bias: CAUTIOUS
Owned: Yes
2015-07-07 PAST TOP PICK Agrium
AGU-T
John Zechner

(A Top Pick June 2/14. Up 41.82%.) Agricultural sector is starting to look more interesting. What is really interesting is the pop we have seen in corn in the past 1-1.5 months. That is always a good lead indicator for fertilizer stocks. Valuations are getting up there, so he sold his holdings 3-4 months ago.


Price: $133.680
Subject: NORTH AMERICAN - LARGE
Bias: BEARISH
Owned: No
2015-07-07 PAST TOP PICK Algonquin Power & Utilities Corp
AQN-T
Jason Mann

(A Top Pick May 25/15. Up 2.59%.) A SHORT. His view is that utilities are in a very dangerous part of the market cycle. Very high valuations. Also, has high debts. People buy this for yield, but it scores poorly on valuation for him. Trading at 16X EBITDA.


Price: $9.590
Subject: NORTH AMERICAN
Bias: CAUTIOUS
Owned: Yes
2015-07-07 DON'T BUY American Express
AXP-N
John Zechner

Would be more inclined to play Visa (V-N) in this area, as it is showing better International growth. They are all facing the same headwinds of more competition from online payments. Visa has done a better job even though it is a little bit more expensive. You are better off owning the better grower.


Price: $77.550
Subject: NORTH AMERICAN - LARGE
Bias: BEARISH
Owned: Unknown
2015-07-07 PAST TOP PICK Bank of America
BAC-N
John Zechner

(A Top Pick June 2/14. Up 10.77%.) US bank stocks are looking interesting here. They’re coming off a period where they were not able to pay dividends and earnings growth had been muted. He likes the leverage on this. He traded out of this recently because of his overall negative views on the stock market.


Price: $16.690
Subject: NORTH AMERICAN - LARGE
Bias: BEARISH
Owned: No
2015-07-07 PAST TOP PICK Badger Daylighting
BAD-T
Jason Mann

(A Top Pick May 25/15. Down 13.81%.) Had picked this because at that time the energy stocks and cyclicals had been improving. This still has good valuation characteristics and scores in the top 15% with good ROE. A very solid balance sheet. From a valuation perspective, he still has a partial holding. This will be a beneficiary of an eventual cyclical recovery, ahead of some of the higher levered oil stocks. If he didn’t own it, he would buy a small position.


Price: $25.780
Subject: NORTH AMERICAN
Bias: CAUTIOUS
Owned: Yes
2015-07-07 COMMENT Baxter International Inc
BAX-N
Jason Mann

Doesn’t follow this closely. Scores particularly well on his valuation metrics. Very high ROE’s at 30%. PE of only 9X, which is a very strong valuation metric for him. It beat recently on earnings. 5.4% dividend yield. However, momentum is where it falls down for him, and it scores in the bottom 10, which keeps him sidelined.


Price: $37.110
Subject: NORTH AMERICAN
Bias: CAUTIOUS
Owned: No
2015-07-07 PAST TOP PICK Black Diamond Group
BDI-T
Jason Mann

(A Top Pick May 25/15. Up 6.41%.) Camp providers for major LNG projects that are coming up. Holding in reasonably well given the backdrop of the energy market.  Still scores in the top 5% on both momentum and valuation. Very solid balance sheet and a good 5.6% dividend yield. Trading at 7X EBITDA.


Price: $16.210
Subject: NORTH AMERICAN
Bias: CAUTIOUS
Owned: Yes
2015-07-07 BUY Bank of Nova Scotia
BNS-T
John Zechner

You could do a lot worse than owning this. Canadian banks are struggling a little on the earnings growth side right now. There was some changes on derivative trading in the last budget that are going to sneak up on them a little, but he doesn’t think that impacts this bank as much as some of the other players. They’ve had the better International strategy, so there are a few red flags, but he is comfortable with the Canadian banks.


Price: $64.270
Subject: NORTH AMERICAN - LARGE
Bias: BEARISH
Owned: Unknown
2015-07-07 COMMENT BP PLC
BP-N
Jason Mann

Would not have particularly favourable momentum characteristics for him. It is great that the lawsuits are behind them, but in general the price momentum on some of the stocks is not favourable.


Price: $39.710
Subject: NORTH AMERICAN
Bias: CAUTIOUS
Owned: No
2015-07-07 COMMENT Baytex Energy Corp
BTE-T
Jason Mann

Oil stocks are tricky right now. This is a company with a stressed balance sheet. Pays a large yield which is a concern. He has a small Short on this. Scores average on momentum, valuation is pretty poor at 11X EBITDA, and they are not generating cash at these prices. Feels people are probably buying this for yield rather than its true valuation.


Price: $18.020
Subject: NORTH AMERICAN
Bias: CAUTIOUS
Owned: Yes
2015-07-07 TOP PICK Crescent Point Energy Corp
CPG-T
John Zechner

He is warming up more to the large oil companies, but he wouldn’t call himself a bull on oil. Thinks OPEC is going to draw more of a line in the sand on defending a $60-$70 oil price. That gives him comfort that we are not heading to $30-$40 oil. They hedged forward all this year’s  production at better than $80 a barrel and are now using their balance sheet to make accretive acquisitions. They are buying some of the depressed, distressed juniors. Dividend yield of 10.59%.


Price: $26.070
Subject: NORTH AMERICAN - LARGE
Bias: BEARISH
Owned: Yes
2015-07-07 COMMENT Concordia Healthcare
CXR-T
Jason Mann

One of the healthcare stocks that has been a real rock star over the last year or so. They benefit from a better tax rate, because of tax inversion, and they have been acquiring firms giving them a multiple pick up. Scores well on price momentum, but valuation is not there yet. Rollup’s tend to be difficult to value because they are constantly acquiring other companies, and the cash flow is always in the future. Trading at 77X on a PE basis and 31X EBITDA.


Price: $92.500
Subject: NORTH AMERICAN
Bias: CAUTIOUS
Owned: Yes
Showing 1 to 15 of 141,763 entries
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