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
2016-06-24 N/A A Comment -- General Comments From an Expert
A Commentary
Barry Schwartz

Market. He did not make any strategic changes going into the Brexit vote. This has not been a wonderful year. Today he is buying the stocks that he thinks are down too much. The UK pound is falling which means it is going to cost them a lot more money to import goods, but it makes going to the UK cheaper, and the impact could be nothing. Nobody knows what the short term impact is going to be. Any analyst that has more than 10% of their exposure to Europe and are down 3%-5%, with maybe their profits being impacted to zero, that would be the stock to buy. A lot of the ones that are down today are the US financials. Those are the kinds of stocks he is attracted to today.


Price: $0.020
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: _N/A
2016-06-24 DON'T BUY A Comment -- General Comments From an Expert
A Commentary
Barry Schwartz

Volatility ETF’s as a swing trade? You are probably better off going to a casino and playing the roulette wheel. The outcome is absolutely random. Just because you get it right doesn’t mean you are smart, it just means you got lucky.


Price: $0.020
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: No
2016-06-24 DON'T BUY A Comment -- General Comments From an Expert
A Commentary
Barry Schwartz

Gold stocks? Has bought gold stocks in the past, but wouldn’t buy them now. Doesn’t see any reason to own these types of companies. Has no idea what gold is going to do a year from now.


Price: $0.020
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: No
2016-06-24 N/A A Comment -- General Comments From an Expert
A Commentary
Ryan Modesto

Market. Britain decided to leave the EU. It is a pretty big deal, an unprecedented and uncharted territory for the markets. From a Canadian investor’s point of view, he doesn’t think the impact is going to be overly material. A lot of Canadian investors’ portfolios don’t have much exposure to the European market, so doesn’t see them taking a huge hit. A lot of companies that trade on the TSX don’t have a lot of revenues that are generated from the European markets. Probably the biggest exposure is in the financial sector. This is a great opportunity to pull out your watch list, and for those that you have been waiting for, a more attractive entry point. You need to expect volatility for the next few weeks.


Price: $0.020
Subject: CANADIAN SMALL & MIDCAPS
Bias: UNKNOWN
Owned: _N/A
2016-06-24 BUY Apple
AAPL-Q
Barry Schwartz

Much cheaper than it was a few days ago, so you can absolutely buy it here. If you are waiting for a selloff, this is it.


Price: $93.400
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: Unknown
2016-06-24 PAST TOP PICK Andrew Peller
ADW.A-T
Ryan Modesto

(A Top Pick March 3/16. Up 8.14%.) This is a recession resistant type of industry. The wine space within alcohol, is actually a faster growing one, compared to the broader alcohol/spirits market. A stable company.


Price: $26.930
Subject: CANADIAN SMALL & MIDCAPS
Bias: UNKNOWN
Owned: No
2016-06-24 COMMENT Amazon.com
AMZN-Q
Barry Schwartz

One of the best companies, but valuation makes it very hard for him to make sense of. You have to take a big leap of faith to bite into the multiple of 60 or 70 times earnings.


Price: $698.960
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: No
2016-06-24 COMMENT Alimentation Couche-Tard (B)
ATD.B-T
Barry Schwartz

Alimentation Couche-Tard (ATD.B-T) or Magna (MG-T)? Since he owns Magna and not this one, Magna is the only one he can recommend. However, this is a great company and it has come back a little. Feels it has sold off partly because there are concerns they might overbid for CST Brands which is rumoured to be up for sale. This one benefits from the low Cdn$, so they are probably doing okay now. It has always been an expensive company.


Price: $52.300
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: No
2016-06-24 COMMENT Alimentation Couche-Tard (B)
ATD.B-T
Ryan Modesto

A “Best in class” type of name. The valuation multiple was getting higher, but has come down a lot and is more reasonable in price. They are still doing acquisitions globally, and has been a very astute team in being able to pick up interesting companies at fair prices, and growing shareholder value.


Price: $52.300
Subject: CANADIAN SMALL & MIDCAPS
Bias: UNKNOWN
Owned: Unknown
2016-06-24 COMMENT A&W Revenue Royalties Income Fund
AW.UN-T
Ryan Modesto

Have been putting up about a 6%-9% same-store sales growth over the last year or so, which is a pretty big number. Their marketing is on an organic healthier food angle, and also focusing on smaller format stores in metropolitan areas. That seems to be paying off. As a royalty, there aren’t many costs. Payout ratio is at about 100%.


Price: $32.070
Subject: CANADIAN SMALL & MIDCAPS
Bias: UNKNOWN
Owned: Unknown
2016-06-24 HOLD Badger Daylighting
BAD-T
Ryan Modesto

They do daylighting, exposing underground wiring and pipelines. Seem to be able to do it quicker and more efficiently than their competitors. Great management team. Have been through downturns before and have managed it. However, looking at the valuation, it looks like it is priced to perfection at 24X forward earnings. Has a pretty good growth plan, and if they can deliver on it there is some potential for a return. The problem is, they moved into the US and have seen their margins depressed. Not confident they can get those margins up to historical levels.


Price: $21.920
Subject: CANADIAN SMALL & MIDCAPS
Bias: UNKNOWN
Owned: Unknown
2016-06-24 BUY Brookfield Asset Management (A)
BAM.A-T
Barry Schwartz

One of his biggest holdings and he is happily buying it. It has exposure to the UK and Europe, but doesn’t think there is going to be any impact to its business operations. The smartest investors he knows and will probably use their beautiful balance sheet to make wonderful acquisitions going forward.


Price: $42.920
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: Yes
2016-06-24 COMMENT Brookfield Business Partners LP
BBU.UN-T
Barry Schwartz

A new limited partnership from Brookfield. Made up of a collection of different assets such as private equity assets, ownership and other publicly traded companies. It came out at around $30+. Typically, people get rid of it because it’s a duplication of something they already have, but they really should be buying it instead. Hasn’t decided what his strategy is yet, but he wouldn’t discount this company. The price looks quite interesting.


Price: $25.820
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: Unknown
2016-06-24 TOP PICK Airboss of America
BOS-T
Ryan Modesto

This does rubber compounding and engineering products. They are producing specialty rubbers and putting them into specialty types of products. Did an acquisition a year ago, a US defence business. Now it is quite cheap. The majority of revenues come from the materials and resources sector, which has been weak in the past. There is a bit of a resurgence and over time the mining and resource companies will start reinvesting their capital, and this will flow through to a company like this. Dividend yield of 1.84%.


Price: $14.100
Subject: CANADIAN SMALL & MIDCAPS
Bias: UNKNOWN
Owned: No
2016-06-24 COMMENT Canadian Natural Rsrcs
CNQ-T
Barry Schwartz

Doesn’t own any oil/gas producers. Got out of them in 2015. This and Suncor (SU-T) are the 2 best run oil/gas companies in Canada. For conservative portfolios, 1 or 2 of them could find a place in your portfolio. He is not over the moon about buying oil/gas stocks at $48 oil.


Price: $38.840
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: No
2016-06-24 COMMENT Constellation Software Inc.
CSU-T
Barry Schwartz

A well-run company and the CEO has created an unbelievable free cash flow machine, buying up software companies and having annuity revenues, and using the free cash to continue to buy more, etc. They now have a suite of thousands of companies and are on the hunt to buy more. This is on his radar screen, but he just can’t stomach buying it at this valuation.


Price: $500.840
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: No
2016-06-24 PAST TOP PICK Concordia Healthcare
CXR-T
Ryan Modesto

(A Top Pick March 3/16. Down 29.31%.) This has been a bit of a wild ride. Their most recent earnings release was pretty good. They delivered on what they said they would. Then the whole strategic review narrative started to take over and 2 private equity firms backed out. The valuation shows this is cheap as it can be at 3.5X forward earnings. They have positive cash flow and growing revenues and a global footprint, but are trading at such a cheap level.


Price: $27.800
Subject: CANADIAN SMALL & MIDCAPS
Bias: UNKNOWN
Owned: No
2016-06-24 DON'T BUY Convalo Health International Corp
CXV-X
Ryan Modesto

Doesn’t follow this too closely. A rollup for rehab facilities. He doesn’t buy into the rehab market rollup story. There are better quality companies out there.


Price: $0.230
Subject: CANADIAN SMALL & MIDCAPS
Bias: UNKNOWN
Owned: Unknown
2016-06-24 COMMENT D-Box Technologies
DBO-T
Ryan Modesto

This creates a motion seat for theatres. They had a quarter where the stock really got hit, down 16% over 2 days. The balance sheet is strong and there is a lot to like here. Feels they have a long runway for revenue growth.


Price: $0.550
Subject: CANADIAN SMALL & MIDCAPS
Bias: UNKNOWN
Owned: Unknown
2016-06-24 BUY DH Corporation
DH-T
Ryan Modesto

A transaction processing, loan administration type of business. A Short report came out talking about a big acquisition they did giving them a global platform to sell and cross sell their services. The report said they were not going to be able to get any growth, legal issues, etc., but the company released an earnings report which squashed the report. That was followed by another release which wasn’t a great quarter. It is now pretty cheap at about 12X earnings and pays a 4% dividend, and has potential for dividend growth. He likes this.


Price: $32.110
Subject: CANADIAN SMALL & MIDCAPS
Bias: UNKNOWN
Owned: Unknown
2016-06-24 BUY Walt Disney
DIS-N
Barry Schwartz

Buy the stock or buy some call options for one month out? If you want to buy call options one month out, you should go to the casino, as it is the same type of business. He is buying the stock as it is attractive here. Has sold off materially from its all-time high of $120 a share. There are worries about ESPN, cord cutting and overpaying for some of the sports, but they own such wonderful assets. Valuation is very cheap for a company that he expects to have double digit earnings growth for the next few years.


Price: $95.720
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: Yes
2016-06-24 BUY Empire Company (A)
EMP.A-T
Barry Schwartz

Has finally joined the club of grocery chains that has messed up and fallen flat on their face. It looks like they bought Safeway right at the top. Integration is not going well. Last 2 quarters have been poor. It is going to take some time. If you are a patient, long-term investor, this is an excellent time to buy. 1.9% dividend yield.


Price: $21.160
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: Unknown
2016-06-24 COMMENT Fairfax Financial
FFH-T
Barry Schwartz

This has always been a very defensive investment, because Prem Watsa is a very conservative investor. He created an enormous amount of wealth for shareholders over the long-term. Has followed the model of Warren Buffett, which is owning an insurance company and using the proceeds to float to buy other companies. He has done a wonderful job. Doesn’t think you can go too far wrong owning and buying this company.


Price: $665.210
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: No
2016-06-24 BUY Alphabet Inc (C)
GOOG-Q
Barry Schwartz

The only FANG stock he likes, because it is the most profitable and has a wonderful balance sheet, and they dominate the search business. This is one you could definitely buy here. Just keep in mind that the Cdn$ is also down. An attractive entry point.


Price: $675.220
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: Yes
2016-06-24 COMMENT Grenville Strategic Royalty
GRC-X
Ryan Modesto

Had a bit of an issue with their most recent earnings release, and had to do with the dividend payout ratio. It is calculated as a regular payout, but they also include a fake kind of sell part of their business, and count that under the earnings line into the payout ratio. Not reliable and not necessarily sustainable. He wouldn’t own this and rely on the dividend.


Price: $0.380
Subject: CANADIAN SMALL & MIDCAPS
Bias: UNKNOWN
Owned: Unknown
2016-06-24 COMMENT Intertain Group
IT-T
Ryan Modesto

Really cheap 3 months ago and then news of the strategic review came out and there was a nice little pop on the shares. There is a lot of uncertainty going on right now. They pushed back their AGM because at the end of June they are going to come out with an announcement of whatever’s happening with their strategic review. But now with the BREXIT vote, his worry would be that whatever deal was in the works, it is either being put on hold or being quashed. Too much uncertainty for his taste.


Price: $11.530
Subject: CANADIAN SMALL & MIDCAPS
Bias: UNKNOWN
Owned: Unknown
2016-06-24 COMMENT Manulife Financial
MFC-T
Barry Schwartz

It is hard for him to get excited about this company. Just when it seems that they are out of the woods, something else happens. The issue for life insurance is the weak Cdn$, low interest rates and that the stock market hasn’t taken off. Trading at 0.9X BV, which would probably be of interest to a deep value investor.


Price: $17.350
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: No
2016-06-24 PAST TOP PICK Magna Int'l. (A)
MG-T
Barry Schwartz

(A Top Pick July 21/15. Down 29.68%.) This was a very cheap valuation at $70, and is even cheaper at $49. People at the beginning of the year got it in their head that we are at Peak Car, and that GM and Ford are not going to sell as many cars, and if interest rates go up, it is going to be bad for car leases. He continues to buy more and average down.


Price: $47.030
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: Yes
2016-06-24 PAST TOP PICK National Bank of Canada
NA-T
Barry Schwartz

(A Top Pick July 21/15. Up 2.16%.) Wrote down some assets, and were affected by oil/gas write-downs as well, so it hasn’t been the strongest year for them. Still trading at 8 or 9 times earnings. Their last quarter was very good.


Price: $44.050
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: Yes
2016-06-24 TOP PICK Oracle
ORCL-N
Barry Schwartz

Thinks this is doing the Microsoft Playbook, which is growing quickly in the Cloud, and getting more licenses and revenues and annuities instead of selling a one-time package. Thinks the turning point for this company is here. Generating a lot of free cash. Very reasonably valued. Dividend yield of 1.51%.


Price: $39.230
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: Yes
Showing 1 to 30 of 153,281 entries
<< < 1 2 3 4 5 > >>