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

Recent Opinions

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Date Signal Company Expert Opinion Price
2016-12-07 N/A A Comment -- General Comments From an Expert
A Commentary
James Thorne

Market. With Trump getting in, we move from a regime of income distribution to growth and going into a period of time of deregulation and strong fiscal policy; moving from an area where everything was bad under Obama, and are now good. He is very, very constructive and thinks we are in the early stages of a new regime. Big money hasn’t positioned for this trade yet. Because we are in a regime change, and going into value stocks, and there is not a large representation of them in the S&P 500, this is going to be a period of time where stock pickers should outperform. You should look for managers that have high active share and are willing to go to areas where there is not a lot of large representation within the S&P 500. Value stocks will outperform growth stocks. Value is determined by “Price to book”. The high ones are called “growth stocks”, and the low ones are called “value stocks”. He likes industrials, commodity companies, and especially financials. This is going to be a global phenomenon.


Price: $0.020
Subject: US DIVIDEND
Bias: BULLISH
Owned: _N/A
2016-12-07 COMMENT A Comment -- General Comments From an Expert
A Commentary
James Thorne

Precious metals? He is long-term and mid-term bullish on the US$, but thinks it is overbought and is a very, very crowded trade. Thinks the purchasing power (fair value) for the Cdn$ is about $0.80. Every bad thing has been thrown at the Cdn$ over the past 6 months, and it has still hung around at $.74-$.75. He has been accumulating gold and silver stocks below $1170. Gold and silver made new lows when Donald Trump got into power, which was hugely bullish. Feels the US$ was overbought, and that there is going to be a rotation out of that. Also, thinks inflation is coming back, and one of the best ways to purchase inflation protection is through gold and silver stocks.


Price: $0.020
Subject: US DIVIDEND
Bias: BULLISH
Owned: Yes
2016-12-07 COMMENT A Comment -- General Comments From an Expert
A Commentary
James Thorne

Marijuana? This is going to provide wonderful income for the government, and at the same point in time it is being legalized globally. It is really, really difficult to pick winners and losers. A very interesting industry with rapid growth, but picking a winner is a crapshoot.


Price: $0.020
Subject: US DIVIDEND
Bias: BULLISH
Owned: No
2016-12-07 N/A A Comment -- General Comments From an Expert
A Commentary
Brian Madden

Markets.  Seasonality would tell you this is the sweet spot (Dec to May) for North American equities.  People have been surprised at the intensity of the rally, however.  His view has been that we are on the cusp of a regime change where the baton is being passed from the monitory authorities to the federal government.  Stimulus will be dialed back and spending and tax cuts will take over.  Having a united house means the table is set to enact substantial policy change.  They may not get everything through congress, but he expects a significant portion to get through.   Financials, US industrials and energy have been themes he is positive on.  The bond market has been in a secular bull market for 35 years.  He takes a balanced approach, but he thinks the time is right for caution in positioning the bond portion of portfolios.  The era of negative interest rates is coming to a close.  There is a lot of money in the bond market in search of capital gains and there is a lot of capital in the equity markets that is chasing yield.


Price: $0.020
Subject: CANADIAN EQUITIES & FIXED INCOME
Bias: BULLISH
Owned: _N/A
2016-12-07 N/A A Comment -- General Comments From an Expert
A Commentary
Brian Madden

Fixed income over the next year.  There are policy diversions between Canada and the US.  Canada did not change interest rates this morning.  Next week the FED is expected to raise the rate a quarter point.  There are expected to be a few more rate increases next year.  There is uncertainty in the economy that would prevent the Bank of Canada from raising rates.  Global capital is mobile and at the longer points on the cuve, he expects rates to rise in the US.  Canada is not going to be immune from that gravitational pull.  It will pressure returns in Canadian fixed income.  Prudence is the order of the day.


Price: $0.020
Subject: CANADIAN EQUITIES & FIXED INCOME
Bias: BULLISH
Owned: _N/A
2016-12-07 BUY A Comment -- General Comments From an Expert
A Commentary
Brian Madden

Preferred Shares.  He does incorporate them into a number of client portfolios.  They are a way to counter the oppressive forces of low interest rates.  They have merit in a portfolio.  It is very difficult to generalize about the asset class.  Each security has its own unique features.  Make sure you understand what you own.  You should emphasize quality.  Income is secondary.  He favours rate reset shares.


Price: $0.020
Subject: CANADIAN EQUITIES & FIXED INCOME
Bias: BULLISH
Owned: Yes
2016-12-07 DON'T BUY A Comment -- General Comments From an Expert
A Commentary
Brian Madden

Marijuana Industry.  His approach is to be quite conservative.  Some like to speculate in this area but be does not.  The recreational use legislation does not yet exist. 


Price: $0.020
Subject: CANADIAN EQUITIES & FIXED INCOME
Bias: BULLISH
Owned: No
2016-12-07 COMMENT Apple
AAPL-Q
James Thorne

When this was in the low $90, he bought a small position. He is willing to own this until the next phone launch, which is next fall. The problem is, Mr. Cook is not an innovator, and the best of this company’s days are behind it. It can probably get up to $130-$135. He does not plan to hold the stock after 2017.


Price: $111.030
Subject: US DIVIDEND
Bias: BULLISH
Owned: Yes
2016-12-07 PAST TOP PICK AGT Food & Ingredients
AGT-T
Brian Madden

(Top Pick Oct 31/16, Down 8.36%) It is a consumer staples stock and has been vulnerable to the rotation over the last 5 weeks.  But it is a great growth play.  There is a great growth runway ahead of them.


Price: $34.950
Subject: CANADIAN EQUITIES & FIXED INCOME
Bias: BULLISH
Owned: Yes
2016-12-07 PAST TOP PICK Alimentation Couche-Tard (B)
ATD.B-T
Brian Madden

(Top Pick Oct 31/16, Down 8.46%) It reached a high water mark 5 weeks ago.  Then a lot of things changed post-election.  People failed to grasp that they are throwing the baby out with the bathwater.  This one is classified as a consumer staples stock, but it is actually a growth stock.  There is some indiscriminant rotation out of some names.  This stock is represented in a number of low volatility ETFs.  The acquisition environment for them is as ripe as ever and it should be clear sailing for them.  He added to it a week or two ago.  You can buy on weakness.


Price: $61.590
Subject: CANADIAN EQUITIES & FIXED INCOME
Bias: BULLISH
Owned: Yes
2016-12-07 TOP PICK Alimentation Couche-Tard (B)
ATD.B-T
Brian Madden

He has been buying on weakness.  It is a great secular growth story in any space.  They are the leading convenience and gas station operator on two continents.  High 20’s ROE, mid teens multiple.  Great acquirers.  CST brands is the biggest acquisition in their history.  (Analysts’ Target: $78.36)


Price: $61.590
Subject: CANADIAN EQUITIES & FIXED INCOME
Bias: BULLISH
Owned: Yes
2016-12-07 COMMENT American Water Works Co. Inc.
AWK-N
James Thorne

This company purchases the water infrastructure of cities in the US, upgraded, fixes it, and then basically sells the services back to the city. A very interesting business model, in that Donald Trump is going to want to rebuild the inner cities in the US. He likes the concept, but this is way too expensive for him. The dividend yield is not high enough and it is expensive.


Price: $72.660
Subject: US DIVIDEND
Bias: BULLISH
Owned: No
2016-12-07 COMMENT Bank of America
BAC-N
James Thorne

Banks are a very, very interesting area, whether it is in the US or in Europe. It is an under-owned area, and an area that has underperformed for 8 years. There is a tide including the Italian election, Mr. Trump and BREXIT. There is a new dawn happening, and this is one of the areas where you can make money for an extended period of time. This bank is trading below Book. We are in a very, very early phase of a structural Bull market in financials. It is very under owned by large institutional investors globally. Dividend yield of 1.4%.


Price: $22.570
Subject: US DIVIDEND
Bias: BULLISH
Owned: Yes
2016-12-07 TOP PICK CitiGroup
C-N
James Thorne

This is cheap compared to tangible book. Investors should be looking at things that have been left behind and are cheap. Don’t buy the rich ones, buy the cheap ones. This is trading at a tangible book of about .75, and has a long way to go. You can buy this below where it was in the middle of 2015. It is about to make a 52-week high and break out. Dividend yield of 1.1%. (Analysts’ price target is $59.70.)


Price: $59.060
Subject: US DIVIDEND
Bias: BULLISH
Owned: Yes
2016-12-07 DON'T BUY Capital Power
CPX-T
Brian Madden

They have been in the news recently.  They have a lot of coal burning legacy plants.  Alberta has regulated coal power out of existence by 2030.  There is concerned over stranded assets.  The government came to terms with them.  There is concern about how this company is going to reinvent themselves.  Carbon pricing is coming in Canada.  There is too much uncertainty.


Price: $22.880
Subject: CANADIAN EQUITIES & FIXED INCOME
Bias: BULLISH
Owned: No
2016-12-07 DON'T BUY Canadian Western Bank
CWB-T
Brian Madden

It has lagged and the regional exposure is the reason for the lag.  It is undiversified by geography and by line of business.  His concern would be that although the oil commodity complex is picking up, he feels employment has a lagged effect.  Loan losses and credit provisions would be a concern for some time.


Price: $31.320
Subject: CANADIAN EQUITIES & FIXED INCOME
Bias: BULLISH
Owned: Unknown
2016-12-07 COMMENT Delta Air Lines Inc
DAL-N
James Thorne

Doesn’t own any airline stocks. Typically, when airlines start to make enough money, they get into labour issues and have to increase capacity to deal with that. They’ve had a wonderful run and are wonderful trading vehicles, but there’s too much volatility for him.


Price: $51.100
Subject: US DIVIDEND
Bias: BULLISH
Owned: No
2016-12-07 COMMENT Walt Disney
DIS-N
James Thorne

Media is being disintermediated by Internet. The area is under a high flux. He looks at Disney as a content manufacturer, it is interesting, but their ESPN franchise is losing subscribers. Feels it is fully priced. In the long-term, it is probably going to be okay, but it wouldn’t meet his Buy criteria. Dividend yield of 1.5%.


Price: $101.990
Subject: US DIVIDEND
Bias: BULLISH
Owned: No
2016-12-07 HOLD General Electric
GE-N
James Thorne

With what Trump is doing, and this company’s exposure to energy infrastructure exposure to the US, you just hang onto this. Dividend yield of just under 3%.


Price: $31.600
Subject: US DIVIDEND
Bias: BULLISH
Owned: No
2016-12-07 COMMENT General Motors Corporation
GM-N
James Thorne

The one that he liked and bought was Fiat Chrysler (FCAU-N). The industry is very interesting and very cheap.


Price: $36.300
Subject: US DIVIDEND
Bias: BULLISH
Owned: No
2016-12-07 PAST TOP PICK Goldman Sachs Business Development
GSBD-N
James Thorne

(A Top Pick June 16/16. Up 21.61%.) This lends money to the middle market, companies in the US that cannot get loans from a bank or from Wall Street. These are favourite financing vehicles of private equity. By law, they have to pay out 90% of the income they get from lending money, so they have distributions of somewhere from 9% to 11%.


Price: $23.000
Subject: US DIVIDEND
Bias: BULLISH
Owned: Yes
2016-12-07 COMMENT IBM
IBM-N
James Thorne

Feels their best days are behind them. What we want to do with technology right now, is find companies that are implementing technology to increase margins. The period of time when you invest in technology companies is over.


Price: $164.790
Subject: US DIVIDEND
Bias: BULLISH
Owned: No
2016-12-07 COMMENT Intertape Polymer Group
ITP-T
Brian Madden

They have done a great job under the new management team that came in in 2011.  He is intrigued by the turnaround in the business, but is concerned that they are a number 2 player in a market dominated by MMM-N.  It is liable to be crushed.  It is also very cyclical and although the environment in the US is good right now, their margins would suffer in a downturn.  The risk/reward is just not there for him.


Price: $24.740
Subject: CANADIAN EQUITIES & FIXED INCOME
Bias: BULLISH
Owned: No
2016-12-07 COMMENT Johnson & Johnson
JNJ-N
James Thorne

There has recently been a massive rotation out of defensive areas, where you didn’t need to rely on GDP growth. This is a wonderful company. Trades between $100 and $120, and is probably going to trade in this range for a time. Large institutional companies will probably look at this as a source of cash, and looking elsewhere to deploy their capital. Dividend yield of 2.9%.


Price: $111.100
Subject: US DIVIDEND
Bias: BULLISH
Owned: Unknown
2016-12-07 COMMENT KKR & Co. LP
KKR-N
James Thorne

Good company. He would think anything in private equity or capital markets for the next couple of years are going to be very fruitful. He likes this here.


Price: $16.340
Subject: US DIVIDEND
Bias: BULLISH
Owned: Unknown
2016-12-07 PAST TOP PICK Kinder Morgan Inc.
KMI-N
James Thorne

(A Top Pick June 16/16. Up 20.99%.) He liked the pipelines in February.


Price: $21.290
Subject: US DIVIDEND
Bias: BULLISH
Owned: Yes
2016-12-07 DON'T BUY Coca-Cola Company
KO-N
James Thorne

A wonderful company, slow growth, very expensive and a low dividend yield. He wouldn’t own it. There are other areas of the market that are much more enticing. Dividend yield of 3.4%.


Price: $41.290
Subject: US DIVIDEND
Bias: BULLISH
Owned: No
2016-12-07 COMMENT Labrador Iron Ore Royalty
LIF-T
James Thorne

There is something called “Belt Road Initiative”, where China is basically building out infrastructure for Eurasia, and spending $1 trillion a year. At the same time, they are cutting out capacity in coal and iron ore. They supplemented that with exporting iron ore and coal from North Korea, and the United Nations Security Council told them they couldn’t do that, because North Korea was using the money to fund their nuclear program and not feed the people. Now management teams of iron ore companies globally are saying they are no longer fighting for market share, they are fighting for margins, and are cutting out all high cost iron ore. This company has a wonderful yield. Mr. Trump is adding fuel to the fire by building infrastructure in the US. Very constructive on iron ore, met coal and steel for 2017. Dividend yield of about 5.2%.


Price: $19.640
Subject: US DIVIDEND
Bias: BULLISH
Owned: Yes
2016-12-07 COMMENT Lloyds TSB Group PLC
LYG-N
James Thorne

During BREXIT, he felt it was an overreaction and started looking at companies, including a number of financial institutions that were located in London. He liked this one, but chose Barclays instead.


Price: $3.190
Subject: US DIVIDEND
Bias: BULLISH
Owned: No
2016-12-07 COMMENT McDonalds
MCD-N
James Thorne

The numbers going to fast food restaurants is going down. All the McDonald’s are being automated. By taking people out, their labour costs are going down. It has probably had too much of a run for him and not enough dividend. He wouldn’t invest in this, but wouldn’t discourage people who want to. Dividend yield of 3.1%.


Price: $119.920
Subject: US DIVIDEND
Bias: BULLISH
Owned: No
Showing 1 to 30 of 159,237 entries
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