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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
2016-02-11 N/A A Comment -- General Comments From an Expert
A Commentary
Kash Pashootan

Markets.  Gold.  It is not a great sign when you see people moving into a safe haven.  It is the first time we have seen it since 2008. Investors have exhausted all places to put money:  Bonds are volatile, equities are volatile and you don’t earn much in cash.  Be selective in oil.  He has been negative in oil for 4 years.  Even now, he sees we are close to the bottom in oil prices, but you don’t want to falsely translate oil price stability into share price stability in oil stocks.  He is not a buyer in the oil space.  2016 is another year of pain, with even more.  A hand full of oil companies have hedges coming off.  They have been burning cash hoping oil prices will come back. 


Price: $0.020
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: CAUTIOUS
Owned: _N/A
2016-02-11 N/A A Comment -- General Comments From an Expert
A Commentary
Kash Pashootan

Weighting – banks and financials.  If you assign a 10% weighting, then the subsectors should be included in that.  If you add to subsectors then you add to the space.  You might differ between Canadian and US, but otherwise both banks and insurance companies are financials.


Price: $0.020
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: CAUTIOUS
Owned: _N/A
2016-02-11 N/A A Comment -- General Comments From an Expert
A Commentary
Kash Pashootan

Negative interest rates in Canada.  We are quite a ways from banks charging to take your money.  Negative interest rates are more of a term.  He believes Canada is going into a recession.  He expects interest rates to go to zero.  You will not be earning a net positive rate after inflation.  This will continue as Canada’s economy struggles.


Price: $0.020
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: CAUTIOUS
Owned: _N/A
2016-02-11 BUY A Comment -- General Comments From an Expert
A Commentary
Kash Pashootan

Do I go back into the market from cash?  There is always a risk going to cash, but when you get it right it feels good.  Try to build a portfolio you can live with in tough times.  Remind yourself that going to cash is a strategy that is not sustainable according to history.  Buy now if you are all in cash. He is at 25% right now.  Make sure they are dividend paying names.   Don’t make any big bets on sectors or individual names.


Price: $0.020
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: CAUTIOUS
Owned: _N/A
2016-02-11 N/A A Comment -- General Comments From an Expert
A Commentary
Paul Harris, CFA

Markets. It is very difficult to figure out exactly when all this stuff stops. There are a lot of things happening that are driving the stock market including a disbelief that the US is probably going to put off rate increases for quite a while. China is slowing down with a lot of talk about further devaluation of their currency. Inflationary expectations have been going down in the last little while, not only in the US, but in Europe as well. There is a real worry in the world that monetary policy cannot do the things it was supposed to do. Thinks the argument is valid that monetary policy has to be mixed with fiscal policy. We are looking for this to be happening in Canada in the next little while, and we need to see it in other parts of the world as well, such as US, Europe, UK, etc.


Price: $0.020
Subject: NORTH AMERICAN/GLOBAL
Bias: UNKNOWN
Owned: _N/A
2016-02-11 WATCH Amazon.com
AMZN-Q
Paul Harris, CFA

You have to believe in the greater concept that Amazon is trying to achieve. They can make money if they want to, but is probably positioned not to give you a lot of earnings or dividends for a long time. A lot of the money goes back into developing and growing the business. The Cloud business is doing incredibly well and the retail business continues to grow taking market share away from the big box players. The company has changed the way people think about retail and will continue to do so. Expects they will continue to grab market share away from a lot of stores. When you see big Down moves in the stock, that is the time to try and buy it.


Price: $490.480
Subject: NORTH AMERICAN/GLOBAL
Bias: UNKNOWN
Owned: Unknown
2016-02-11 TOP PICK Bank of America
BAC-N
Paul Harris, CFA

(A Top Pick Jan 29/15. Down 26.79%.) A cheap stock, and they own 10% of the deposits in the US. Great retail franchise. In the top 3 globally in investment banking. Also, have a great credit card business and wealth management business. Trading below tangible BV. Dividend yield of 1.79%.


Price: $11.980
Subject: NORTH AMERICAN/GLOBAL
Bias: UNKNOWN
Owned: Yes
2016-02-11 COMMENT Brookfield Asset Management (A)
BAM.A-T
Paul Harris, CFA

Likes that the vast majority of management gets paid in shares. From an NAV point of view, he sees it as around $45, or even a little higher. Very good at buying assets at the right time and selling assets when they think they are mature.


Price: $38.720
Subject: NORTH AMERICAN/GLOBAL
Bias: UNKNOWN
Owned: Yes
2016-02-11 TOP PICK BCE Inc.
BCE-T
Kash Pashootan

You want names with a low beta, which is .4 in this case.  He likes the fiber expansion.  It will boost earnings.  He likes the HBO acquisition.  They will stream current seasons over mobile devices.


Price: $57.670
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: CAUTIOUS
Owned: Yes
2016-02-11 COMMENT Barclays Bank PLC
BCS-N
Paul Harris, CFA

Primarily a UK retail bank with credit card businesses and wealth management and a global investment bank. Feels the global investment bank, especially on the fixed income side, which was their primary business before they bought Lehman Brothers, is having a really difficult time and they’ve had to cut back on that. It has taken away from the earnings on the retail side. The bank is restructuring and he felt the banking industry was getting a little bit more difficult, so he sold his position. Trading well below BV.


Price: $9.200
Subject: NORTH AMERICAN/GLOBAL
Bias: UNKNOWN
Owned: No
2016-02-11 TOP PICK Bayerische Motoren Werke AG
BMW-GR
Paul Harris, CFA

Has a great franchise in China, but people feel China is slowing down, but even if they stabilize, they’ll do very well. European car sales have been much lower than in North America. Their peak was in 2007, and they haven’t reached that yet, where North American car sales have. There is pent-up demand for cars in Europe. Not an expensive stock. Trading at 7X earnings with a 4.3% dividend yield.


Price: $0.000
Subject: NORTH AMERICAN/GLOBAL
Bias: UNKNOWN
Owned: Yes
2016-02-11 BUY Bank of Nova Scotia
BNS-T
Kash Pashootan

TD-T vs. BNS-T.  They are different in terms of the business.  Both get half of their revenue from outside of Canada.  BNS-T has been beaten up more because the Latin American economy is less stable than the US.  It is a good entry point if you don’t have exposure to Canadian banks.  It will be a 9% return including dividend for 5 years amongst volatility.


Price: $52.660
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: CAUTIOUS
Owned: Unknown
2016-02-11 WATCH Bank of Nova Scotia
BNS-T
Paul Harris, CFA

One of the things you have to look for in Canadian banks are their earnings in their balance sheets, which are coming out in a couple of weeks, as it may give you an opportunity to buy them cheaper because of volatility. From a valuation perspective, they are all trading below 10X earnings, except for TD (TD-T). Dividend yield of 5.4%.


Price: $52.660
Subject: NORTH AMERICAN/GLOBAL
Bias: UNKNOWN
Owned: Unknown
2016-02-11 PAST TOP PICK CAE Inc
CAE-T
Kash Pashootan

(Top Pick Feb 27/15, Down 11.32%) He sold in the summer.  He is not overly bearish, but he found better places for his money.


Price: $13.600
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: CAUTIOUS
Owned: No
2016-02-11 SPECULATIVE BUY Corus Entertainment (B)
CJR.B-T
Kash Pashootan

It has been a tough place to be.  Pick and pay is going to come out and the market is trying to understand the implications.  They capture higher ad dollars because of the specialty channels.  Now they can see what the subscriber base is per channel vs. the package.  It has a potential of a meaningful upside, however.  12% dividend makes him concerned.  The cash flows look pretty good and have not changed since the share price was higher.


Price: $9.180
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: CAUTIOUS
Owned: Yes
Showing 1 to 15 of 148,791 entries
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