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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
2015-01-29 N/A A Comment -- General Comments From an Expert
A Commentary
Ben Cheng

Markets.  We are at an interesting point in economic history.  The reality is that we have not had a point where the European, Japanese, Chinese and Bank of Canada are working together to add liquidity.  In the long term this could contain some dangers.  It is an inflationary phase that we won’t see until 2016.  The next part of the equation is currency exchange.  That will be more powerful than more people think.  Now that we have a foreign exchange structure that is seeing the US dollar move dramatically against all other currencies, it will change things dramatically in 12 months or so. 


Price: $0.020
Subject: REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias: CAUTIOUS
Owned: _N/A
2015-01-29 N/A A Comment -- General Comments From an Expert
A Commentary
Ben Cheng

REITs are pushing forward as much of the refinancing as they can.  The lower interest rates are a benefit and then they want to lock them in for as long as possible. 


Price: $0.020
Subject: REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias: CAUTIOUS
Owned: Unknown
2015-01-29 PAST TOP PICK A Comment -- General Comments From an Expert
A Commentary
Ben Cheng

Air Canada Bonds 7.625% maturing 2019 (Top Pick Feb 28/14, Up 14.75% Total Return) The slow down in Western Canada could moderate air travel for a few years.


Price: $0.020
Subject: REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias: CAUTIOUS
Owned: Yes
2015-01-29 N/A A Comment -- General Comments From an Expert
A Commentary
Ben Cheng

REIT rules in Canada.  He would love to see more flexibility.  Changes in 2006 involved rules that were too draconian.  He doesn’t see rule changes in the US coming to Canada.


Price: $0.020
Subject: REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias: CAUTIOUS
Owned: _N/A
2015-01-29 N/A A Comment -- General Comments From an Expert
A Commentary
Paul Harris, CFA

Markets.  Thinks interest rates will be lower, longer than people think.  The Bank of Canada is worried about a slower Canadian Economy.  We are in the phase where the oil price drop is now affecting other areas of the market.  Oil is very little of the US economy compared to Canada.  The world has not changed that much.  Earnings came out from a lot of companies and all they said was that the dollar was affecting them.  Yet commodities have collapsed.  China may be slowing down faster than people think.


Price: $0.020
Subject: NORTH AMERICAN/GLOBAL
Bias: CAUTIOUS
Owned: _N/A
2015-01-29 COMMENT A Comment -- General Comments From an Expert
A Commentary
Paul Harris, CFA

Is it time to get out of Canada?  Nobody really knows where oil is going.  He feels oil can still go lower as there is still excess supply.  The other problem with oil is that it can be stored and eventually storage could get filled up.  It has to settle somewhere.  It will probably go up higher over a period of time.  There will be a point over the next period of time when it is a great time to buy great oil companies [Canadian].


Price: $0.020
Subject: NORTH AMERICAN/GLOBAL
Bias: CAUTIOUS
Owned: _N/A
2015-01-29 DON'T BUY AutoCanada Inc.
ACQ-T
Ben Cheng

A wonderful operator.  The reality is that the dealerships are centered in Western Canada.  It will be tough for them to just maintain sales. 


Price: $34.770
Subject: REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias: CAUTIOUS
Owned: Unknown
2015-01-29 TOP PICK Allied Properties REIT
AP.UN-T
Ben Cheng

(Top Pick Feb 28/14, Up 24.60%) Has a very disciplined organic growth pattern.  He continues to hold and it is a large position.  This is a well run investment trust.  It is a development, acquisition and urban intensification story.


Price: $40.370
Subject: REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias: CAUTIOUS
Owned: Yes
2015-01-29 TOP PICK Bank of America
BAC-N
Paul Harris, CFA

It has come off a fair bit as have a lot of the US banks.  You have a really good chance to get a great company really cheap.


Price: $15.430
Subject: NORTH AMERICAN/GLOBAL
Bias: CAUTIOUS
Owned: Yes
2015-01-29 TOP PICK Brookfield Asset Management (A)
BAM.A-T
Ben Cheng

This is where all their top managers own their equity in the portfolio.


Price: $65.180
Subject: REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias: CAUTIOUS
Owned: Yes
2015-01-29 DON'T BUY BlackBerry
BB-T
Paul Harris, CFA

It is hard to see where it will go from here.  It is a difficult environment.  He thinks it would work better if Amazon bought them out.  He is not sure BB-T will be around in a year.


Price: $12.920
Subject: NORTH AMERICAN/GLOBAL
Bias: CAUTIOUS
Owned: No
2015-01-29 DON'T BUY Bombardier Inc (B)
BBD.B-T
Paul Harris, CFA

Has done poorly and it is a tough business.  He has never owned it.


Price: $2.930
Subject: NORTH AMERICAN/GLOBAL
Bias: CAUTIOUS
Owned: No
2015-01-29 PARTIAL SELL BCE Inc.
BCE-T
Ben Cheng

Telecoms in Canada have valuations that are between 6 and 8.5 times cash flow.  This one is at the high end of this scale.  This at the expensive end of the range.  You should trim when you get to this point.


Price: $58.310
Subject: REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias: CAUTIOUS
Owned: Unknown
2015-01-29 BUY Brookfield Property Partners
BPY.UN-T
Ben Cheng

They won their battle to own the Canary Warf project.  The UK economy is actually doing quite well.  It should be very accretive.


Price: $30.550
Subject: REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias: CAUTIOUS
Owned: Yes
2015-01-29 HOLD Cineplex Inc
CGX-T
Paul Harris, CFA

He sold it because it got a little bit too expensive.  It has a decent yield of about 4%.  It technically has a monopoly.  They have done a very good job.  But their business is driven by blockbusters.  There are some really big-brand things coming out and that should cause them to full up.  It is about driving concessions and other parts of the business that do well.


Price: $45.720
Subject: NORTH AMERICAN/GLOBAL
Bias: CAUTIOUS
Owned: No
2015-01-29 DON'T BUY CI Financial Corp
CIX-T
Paul Harris, CFA

A lot of people are moving to the ETF market.  The mutual fund industry is not growing quickly.  The mutual fund industry has to bring their cost structure down.  It can survive and at some time there could be more acquisitions.


Price: $32.800
Subject: NORTH AMERICAN/GLOBAL
Bias: CAUTIOUS
Owned: Unknown
2015-01-29 COMMENT Canadian Imperial Bank of Commerce
CM-T
Paul Harris, CFA

They are cutting some 500 jobs.  There is pressure on them to be more cost effective.  But they say they will hire 5000 more in the next year.


Price: $91.370
Subject: NORTH AMERICAN/GLOBAL
Bias: CAUTIOUS
Owned: Unknown
2015-01-29 WAIT Crescent Point Energy Corp
CPG-T
Ben Cheng

It has done very well in the last 30 days, outperforming many of the old ex-income trusts in the energy sector.  They will continue to pull back cap-x.  When oil prices go over $65 you will see more invigorated growth.


Price: $28.830
Subject: REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias: CAUTIOUS
Owned: Unknown
2015-01-29 WEAK BUY Chartwell Seniors Housing
CSH.UN-T
Ben Cheng

There is some economic sensitivity because the rooms are expensive and in tougher economic times the vacancy rates might go up a bit.  However, they seem to improve their occupancy quarter after quarter.


Price: $12.720
Subject: REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias: CAUTIOUS
Owned: Unknown
2015-01-29 TOP PICK CubeSmart
CUBE-N
Ben Cheng

Very good operators.  They have made acquisitions over the last 5 years and the stock price shows they are good at integrating them in.  The price is not too rich here.


Price: $25.260
Subject: REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias: CAUTIOUS
Owned: Yes
2015-01-29 DON'T BUY Dream Office REIT
D.UN-T
Ben Cheng

Has western Canada exposure.  Office leases are done normally with investment grade blue chip companies so there is really is little risk of the leases being broken.  Their stock no longer trades at a premium.  Acquisition growth is predominantly off the table.  They have to prove to the market that they are good operators. 


Price: $27.330
Subject: REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias: CAUTIOUS
Owned: No
2015-01-29 BUY Diageo PLC
DEO-N
Paul Harris, CFA

They are a global company, around 21 times earnings and a great dividend.  They had issues where they spent too much on marketing.  The volume of spirits does not move up. People move from clear to premium spirits.  He thinks they will do more bolt-on acquisitions in local markets.  It is a great growth business that is consolidating. It is a well managed company and will continue to do well.


Price: $121.940
Subject: NORTH AMERICAN/GLOBAL
Bias: CAUTIOUS
Owned: No
2015-01-29 BUY Dollarama Inc.
DOL-T
Paul Harris, CFA

They are very good at their organic growth.  They are defensive and cyclical at the same time.  People still shop there when things are improving.  One of the issues is that they source a lot of their product from the US so the currency issue may affect them.


Price: $59.950
Subject: NORTH AMERICAN/GLOBAL
Bias: CAUTIOUS
Owned: Unknown
2015-01-29 SELL Dr. Pepper Snapple Group
DPS-N
Paul Harris, CFA

They have effectively used their capital structure well and increased free cash flow.  His issues are that the whole sugary drink area is under pressure as it is adding to the diabetes problem and a lot of the cost structure taken out has finished and so you need them to grow the top line.  They are getting a lot of price competition from Coke and Pepsi.  They are not as international as the other two so there is some room for growth there.  He would suggest, however that it is time to get out.


Price: $79.080
Subject: NORTH AMERICAN/GLOBAL
Bias: CAUTIOUS
Owned: No
2015-01-29 BUY Enbridge Income Fund Holdings
ENF-T
Ben Cheng

They have 15 billion worth of secured contracts coming through their pipe over the next 5 years.  Potential dividend increases for 5 years could be 10% per year. 


Price: $40.290
Subject: REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias: CAUTIOUS
Owned: Unknown
2015-01-29 HOLD First Capital Realty
FCR-T
Ben Cheng

A good operator, but a lot of these look relatively cheaply compared to US counterparts.


Price: $19.570
Subject: REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias: CAUTIOUS
Owned: Unknown
2015-01-29 BUY H&R Real Estate Inv Trust
HR.UN-T
Ben Cheng

They have diversified.  Their tenants can withstand the weak oil prices of today. 


Price: $24.830
Subject: REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias: CAUTIOUS
Owned: Unknown
2015-01-29 DON'T BUY HSBC Holdings P L C
HSBC-N
Paul Harris, CFA

The issue is that they are a large international bank with a large presence in Asia.  Their acquisition of Household Finance was a disaster.  They are not making changes as fast as BCS-N.  HSBC-N has gotten lost in their strategy somewhere, so he would prefer BCS-N.


Price: $46.680
Subject: NORTH AMERICAN/GLOBAL
Bias: CAUTIOUS
Owned: No
2015-01-29 BUY on WEAKNESS Johnson & Johnson
JNJ-N
Paul Harris, CFA

It is a great company, not expensive.  As things come off in one business another picks up.  There are devices, pharmaceutical and consumer products.  Thinks they will continue to make small acquisitions.  You can hold this for the long, long term.  He would buy more on a pullback.


Price: $102.380
Subject: NORTH AMERICAN/GLOBAL
Bias: CAUTIOUS
Owned: No
2015-01-29 BUY JP Morgan Chase & Co
JPM-N
Paul Harris, CFA

A great company.  He thinks it is not expensive, 9 times earnings, around book value and has a decent dividend yield.  The net interest margin has been hurt over the last little while.  It has also been hurt by some fixed income business.  They did well on equities and M & A.  You are not paying a lot and the US economy is doing better, so it should help JPM-N.  It is a very large asset management bank as well as having a credit card business.  There are a lot of issues with regulation.  But he thinks they are good value here.


Price: $55.670
Subject: NORTH AMERICAN/GLOBAL
Bias: CAUTIOUS
Owned: Yes
Showing 1 to 30 of 136,534 entries
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