Recent Opinions | StockChase
stockchase picture

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

Recent Opinions

Print
Date Signal Company Expert Opinion Price
2017-06-27 N/A A Comment -- General Comments From an Expert
A Commentary
Lyle Stein

Market. It has been a really tough year for the Canadian marketplace. Looking back to 2016, things were going right. Commodities were firmer coming off that terrible 2015, and the bank stocks were moving. In 2017, bank stocks are not moving and energy is down, down and down. The market is treating commodity stocks like there is a recession, but there is no risk on the horizon. That is a great dichotomy that will come unwound as the year unfolds. US technology stocks have been the darlings. The big cap names have seen all the money flowing. The bond market keeps going as if there is going to be a recession. There is a decline in long bond yields, which is a bit of a shock. He wants to protect his clients’ capital and the best way to do that is by being careful of high growth names, those trading at very, very high multiples, and look for value in downtrodden areas. When the market comes back, it will be good for the Canadian market, and Canadian resource stocks in particular.


Price: $0.020
Subject: CANADIAN
Bias: UNKNOWN
Owned: _N/A
2017-06-27 COMMENT A Comment -- General Comments From an Expert
A Commentary
Lyle Stein

Gold. Gold shares haven’t done much. We’ve been seeing higher lows and higher highs, so we may be in a bit of an up channel. The trend is positive. He would recommend you have some gold in your portfolio. Has 5% of client’s portfolios in gold stocks. As the US$ continues to weaken with euro strength, gold could go up with an upward bias. It would be great to see it break $1300.


Price: $0.020
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2017-06-27 N/A A Comment -- General Comments From an Expert
A Commentary
Lyle Stein

Cdn$? A lower Cdn$ historically has been good for Canada, particularly in manufacturing and resources. It makes energy producers and mining companies that much more profitable, because they sell products in the US$. It used to be much more beneficial when we had a manufacturing economy, but we no longer have the manufacturing strength that we used to, and that is going to be a headwind going forward.


Price: $0.020
Subject: CANADIAN
Bias: UNKNOWN
Owned: _N/A
2017-06-27 N/A A Comment -- General Comments From an Expert
A Commentary
Ryan Bushell

Market. We have a roaring economy, but a mismatch on the TSX. The bigger surprise is the roaring Canadian economy doing almost twice the rate that the US is on GDP growth. The Canadian market seems to be dogged by some combination of oil, NAFTA and housing fears. There is not too much fundamental basis for any of them, which creates opportunities. The bearish headlines have pretty much played out. We’ve gone down from the $55 level to the low $40s. It seems to be pretty good support here. Longs to Shorts reached a capitulation type level, the same level as they reached in February and August 2016, and there were pretty good rallies off of those levels. He is still somewhat concerned about the prospect for inflation with the economy at full employment and potential stimulus.


Price: $0.020
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: _N/A
2017-06-27 N/A A Comment -- General Comments From an Expert
A Commentary
Ryan Bushell

Cdn$? With the Bank of Canada speaking hawkishly for the 1st time in quite some time, people didn’t really have that in their forecast. Thinks oil prices are at the low end of their trading range and should start to drift back up. If the Bank of Canada starts to normalize interest rates in combination with the Fed, that could provide some upside to the Cdn$. He wouldn’t go wild on this, because he doesn’t think it is going above $.80.


Price: $0.020
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: _N/A
2017-06-27 N/A A Comment -- General Comments From an Expert
A Commentary
Ryan Bushell

Banks or lifecos? He likes the banks for the long-term. If you look at the long-term total returns on the banks, they are 2%-3% higher annualized. Both have done well. Also, there is more volatility in the lifecos. He likes the banks at their current levels.


Price: $0.020
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: _N/A
2017-06-27 PAST TOP PICK Agnico-Eagle Mines
AEM-T
Lyle Stein

(A Top Pick July 5/16. Down 14.54%.) This is a time to be in gold stocks, and this is the premier “go to” name in the Canadian gold patch. The pipeline on this looks really interesting on a go forward basis.


Price: $60.650
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2017-06-27 COMMENT Altus Group
AIF-T
Ryan Bushell

This is involved in real estate, and the real estate holdings in Canada have seen a bit of a pullback recently. Dividends have been pretty steady, giving about a 2% yield. It’s not enough to get him too interested, especially since he sees some slowing in the housing market. He would look at this if he got some actual real negative housing news.


Price: $28.090
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: No
2017-06-27 COMMENT Altagas Ltd
ALA-T
Lyle Stein

Thinks this will continue to tread water. They are digesting the WG Washington Gas/Light US acquisition. This has cleared shareholder approval, but now they are waiting for the regulators. Pays a nice yield of 7%, and he believes that the dividend is safe. Doesn’t see a lot of action coming because of regulatory uncertainty. However, this company is pretty well postured in energy markets, not just in Canada, but also in California. The cash that is going to come from that will keep the company in good stead. It is more like a utility than it has ever been and WGL will make it even more like a utility.


Price: $29.500
Subject: CANADIAN
Bias: UNKNOWN
Owned: Unknown
2017-06-27 PAST TOP PICK Altagas Ltd
ALA-T
Ryan Bushell

(A Top Pick July 25/16. Down 4.62%.) Confused as to why it hasn’t done better, so he just keeps buying more stock and collecting the 7% yield. The dividend is also going to grow this year. He likes their acquisition.


Price: $29.500
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: Yes
2017-06-27 COMMENT Algonquin Power & Utilities Corp
AQN-T
Ryan Bushell

Along with all the power producers in this space, this has seen a pretty nice rally. A good company with good assets, but you have to remember you are taking on a little more specific risk in something like this, versus a traditional rate based utility.


Price: $14.130
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: No
2017-06-27 COMMENT Algonquin Power & Utilities Corp
AQN-T
Ryan Bushell

Emera (EMA-T) Fortis (FTS-T) or Algonquin (AQN-T)? This is a space where there has been a lot of upward pressure this year, so it is very hard to find bargains. Of the larger utilities, he thinks Emera is the best price with the best dividend yield, so it would probably be his 1st choice.


Price: $14.130
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: Unknown
2017-06-27 HOLD BlackBerry
BB-T
Lyle Stein

This had been a great story, but had to reinvent itself, so your time frame is really important. John Chen decided to change this into a software company, and it is going in a totally different direction. The market liked that their software, particularly in the automobile sector, is widely used, and there are lots of applications for that great software. The problem is, they have to change the business. Their unit sales are not really profitable relative to the share price, so it trades at a valuation level that doesn’t make any sense. You buy this because you believe that their software will be in vehicles or something else, 5-10 years from now.


Price: $13.140
Subject: CANADIAN
Bias: UNKNOWN
Owned: No
2017-06-27 BUY on WEAKNESS BCE Inc.
BCE-T
Ryan Bushell

This space generally has been pretty positive. If this got down a little lower, moving the yield to over 5%, it would look like pretty good value. 4.8% dividend yield.


Price: $58.960
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: Unknown
2017-06-27 PAST TOP PICK Cineplex Inc
CGX-T
Lyle Stein

(A Top Pick July 5/16. Up 4.70%.) Pretty close to a monopoly in showing films in Canada. He is buying it, not so much for the films, but for the popcorn and the things happening outside of the films. A great name to hold for the long-term.


Price: $53.100
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2017-06-27 DON'T BUY Cardinal Energy Ltd
CJ-T
Ryan Bushell

They just did a deal where they acquired some conventional assets, and the deal hasn’t gone that well. Energy prices hasn’t helped them. Traditionally this has been a pretty conservative company but on the lower end of things. He would rather have half their yield in something that was a little bigger and a little more diversified. There is no use in trying to be a hero in picking some of these smaller companies. 9.4% dividend yield.


Price: $4.570
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: No
2017-06-27 COMMENT Corus Entertainment (B)
CJR.B-T
Ryan Bushell

This is basically in the harvesting business. They have a business model, there is cash flow, they are harvesting that cash flow and giving it to shareholders. The question is, how long will their business model remain viable, and what do they have to do to make the dividend sustainable. The high dividend indicates there is some risk. Traditional media is in a changing phase, and there are going to have to be some changes to make that dividend sustainable. 8.57% dividend yield.


Price: $13.700
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: Unknown
2017-06-27 BUY Canadian Imperial Bank of Commerce
CM-T
Lyle Stein

This has not done well now that the new acquisition of Private Bank Corp has gone through. To him this is the most interesting bank, simply because it is down the most in context to where it was relative to their $120 high. What we are seeing right now is the backflow of US holders of Private Bank Corp questioning what is this “CIBC” thing, with a natural inclination to Sell. That is actually a very good time to look at a stock. He would put new money into this today.


Price: $104.980
Subject: CANADIAN
Bias: UNKNOWN
Owned: Unknown
2017-06-27 COMMENT Canadian National R.R.
CNR-T
Ryan Bushell

One of the lowest dividend yields that he holds at 1.5%. Likes the company long term, but it is pretty rich at these prices. The dividend has been growing at mid-teens over the last 5 years. This company has great prospects ahead of it. He has been trimming his holdings recently. He would like to see the dividend at 2% before accumulating more.


Price: $106.780
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: Yes
2017-06-27 COMMENT Crescent Point Energy Corp
CPG-T
Ryan Bushell

Has owned this for quite some time. Feels the assets are good. They have both depth and quality of inventory. The company is very conservative with hedging and have been relatively disciplined with their balance sheet. At these levels, he feels the dividend is pretty sustainable. He has some concerns and is hoping to see some management reorganizations, which would be positive for the stock in general.


Price: $10.070
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: Yes
2017-06-27 DON'T BUY Cenovus Energy
CVE-T
Lyle Stein

This has been particularly hit with the acquisition they made, which they had funded with debt, and now have to figure out what to do with the assets they have to sell. As crude prices come down, the value of the assets they had hoped to sell, isn’t what it used to be. Be wary of companies that have too much debt. There are a lot better plays in the oil patch with a relative higher risk/reward.


Price: $9.550
Subject: CANADIAN
Bias: UNKNOWN
Owned: No
2017-06-27 TOP PICK CVS Health Corp
CVS-N
Lyle Stein

A play on demographics. It’s a cheap stock, trading at 13X next year’s earnings. A free cash generator. A great way to get diversification in a kind of sector we don’t have in Canada. Dividend yield of 2.5%. (Analysts’ price target is $88.00.)


Price: $80.490
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2017-06-27 COMMENT Emera Inc
EMA-T
Ryan Bushell

Emera (EMA-T) Fortis (FTS-T) or Algonquin (AQN-T)? A space where there has been a lot of upward pressure this year, so it is very hard to find bargains. Of the larger utilities, he thinks this has the best price. It has been in more of a holding pattern and the dividend yield is a bit higher, so is the one he would probably look at.


Price: $48.800
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: Unknown
2017-06-27 COMMENT Enbridge
ENB-T
Lyle Stein

An RESP for a 1-year-old? He would recommend this. A great kind of name for a 20-year investment, who will need the money in 18 years when they go off to school. This company pays a wonderful dividend of 4.7%.


Price: $52.750
Subject: CANADIAN
Bias: UNKNOWN
Owned: Unknown
2017-06-27 TOP PICK Enbridge
ENB-T
Ryan Bushell

This stock hasn’t performed this year. About a week ago it got down to about a 5% yield. They did the Spectra acquisition and increased the dividend on the back of that, so it is about a 15% dividend increase year to date. Dividend guidance going forward to 2024 is 10% to 12%. Dividend yield of 4.7%. (Analysts’ price target is $62.)


Price: $52.750
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: Yes
2017-06-27 PAST TOP PICK Equitable Group
EQB-T
Lyle Stein

(A Top Pick July 5/16. Up 14.74%.) The whole alternative lending sector took big tumbles on the Home Capital (HCG-T) situation. This is in a much better shape in this group.


Price: $60.950
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2017-06-27 COMMENT Fairfax Financial
FFH-T
Ryan Bushell

He stays away from the stocks where there is a larger than life type of figure heading them, especially when it is an asset manager. A little bit too black box complex to understand. Dividend yield of 2.3%.


Price: $553.420
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: No
2017-06-27 PAST TOP PICK Freehold Royalties
FRU-T
Ryan Bushell

(A Top Pick July 25/16. Up 16.39%.) He was happy to see them increase their dividend this year. It still trades at a big discount to PrairieSky (PSK-T) even though their operating metrics are in line. A good, low risk way to play an oil/gas recovery, and get paid while you wait.


Price: $12.830
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: Yes
2017-06-27 COMMENT Fortis Inc.
FTS-T
Lyle Stein

Because this has had a steady increase in their dividend year after year, the stock has been climbing. As interest rates go down, stocks go up. One of the premier electric utilities to own. Dividend yield of 3.4%.


Price: $46.530
Subject: CANADIAN
Bias: UNKNOWN
Owned: No
2017-06-27 COMMENT Fortis Inc.
FTS-T
Ryan Bushell

Emera (EMA-T) Fortis (FTS-T) or Algonquin (AQN-T)? A space where there has been a lot of upward pressure this year, so it is very hard to find bargains. Of the larger utilities, he thinks Emera is the best price and has the best dividend yield, so is the one he would probably look at. Fortis is his largest position.


Price: $46.530
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: Yes
Showing 1 to 30 of 165,767 entries
<< < 1 2 3 4 5 > >>