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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
2015-05-28 N/A A Comment -- General Comments From an Expert
A Commentary
Patrick Horan

Markets.  The underlying constant is the growth. The oil fall has given cover and inflation and Cap X have come down, but underlying things are quite strong.  He sees an overheated economy next year, primarily in the US.  There will be an 8 month lag for Canada.  The balance sheet of the average consumer in the US is actually quite healthy.  Inflation can be an incentive for people to make major purchases before the price goes up next year.  He sees growth rather than defense.  He is out of anything that has done well over the last 5 years. 


Price: $0.020
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: _N/A
2015-05-28 N/A A Comment -- General Comments From an Expert
A Commentary
Patrick Horan

When you buy back your stock it is a tax effective way of increasing your earnings per share.  He prefers dividend raises because he believes when boards raise a dividend they ask 3-5 years out how sustainable that is, whereas a buy back is immediate. 


Price: $0.020
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: _N/A
2015-05-28 N/A A Comment -- General Comments From an Expert
A Commentary
Patrick Horan

Short Sales of Stocks.  The stocks he shorts are large and liquid.  If there was a technical squeeze and there is not enough stock to borrow, your broker might demand it returned.  This never happens in the large caps.  When you go to borrow for a short sale.  You want to do it from a larger broker. 


Price: $0.020
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: _N/A
2015-05-28 N/A A Comment -- General Comments From an Expert
A Commentary
Paul Harris, CFA

Markets.  Investors need to embrace volatility.  It is an important part of the market place because it allows you an opportunity to purchase things.  You need to understand the valuations of the companies you are buying.  He feels you will not see strong, strong economic growth in the world.  Even in the US people are not spending all the money they are saving with oil being down.  They paying down debt or saving more money.  That will lead to lower economic growth.  That is the world we live in now.  The Canadian dollar should be around $0.95 and the weakness below that was caused by things like lower oil prices.  You need to have a long term approach to investing.


Price: $0.020
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVELY OPTIMISTIC
Owned: _N/A
2015-05-28 BUY Amgen Inc.
AMGN-Q
Paul Harris, CFA

They are massive biotechs.  It has a dividend yield.  They are focused on cutting costs.  They have great products in the pipeline.  You aren’t taking typical biotech risk. 


Price: $157.350
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVELY OPTIMISTIC
Owned: Unknown
2015-05-28 PAST TOP PICK Avigilon Corp
AVO-T
Patrick Horan

(Top Pick June 20/14, Down 21.10%) Every time the CEO speaks there is controversy.  After the past quarter it was down 20% and he saw multiple buyers on the stock so that told him something positive was happening.


Price: $18.060
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Yes
2015-05-28 PAST TOP PICK Bank of America
BAC-N
Paul Harris, CFA

(Top Pick May 29/14, Up 11.12%) It is not expensive.  Trading below book at about 10 times earnings.  Their M&A side is doing well.  The brokerage business and asset management business is doing well.  We just need interest margins to do well.  He thinks they will move the dividend up when they can.


Price: $16.670
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVELY OPTIMISTIC
Owned: Yes
2015-05-28 BUY Brookfield Asset Management (A)
BAM.A-T
Paul Harris, CFA

He likes it.  It is incredibly well run and understands the businesses they are in.  This has been a great story and the infrastructure space is an incredible space.  They are very good at understanding when assets are cheap and selling them well.  They can do well over a long period of time.


Price: $44.690
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVELY OPTIMISTIC
Owned: Unknown
2015-05-28 DON'T BUY Bank of Montreal
BMO-T
Patrick Horan

He does not mind it here.  It is okay.  They have a good dividend yield.  The risk is that we have a recession that causes a consumer recession and then loan losses come back and bite them.  He prefers US banks.  He prefers TD-T and RY-T and then perhaps NA-T in Canada.


Price: $77.110
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: No
2015-05-28 COMMENT Bank of Nova Scotia
BNS-T
Paul Harris, CFA

Great dividend yield.  One of the problems is that people give it a higher multiple because of their emerging market assets.  Because that area is now very tough people have stepped back from it.  The volatility in those markets should help these guys when they make acquisitions.  Their Canadian franchise isn’t as good as other Canadian Banks.


Price: $64.570
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVELY OPTIMISTIC
Owned: Unknown
2015-05-28 BUY CAE Inc
CAE-T
Patrick Horan

He likes it and thinks it is a good buy here.  It has done okay.  He bought it in the fall and was patient.  They are a Canadian manufacturer that has leadership in their space and benefit from the rising US dollar.  You should see 8 to 10% earnings growth over the next 3 to 5 years.


Price: $14.970
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Yes
2015-05-28 BUY on WEAKNESS Cameco Corporation
CCO-T
Paul Harris, CFA

It is trading at 12 times earnings with a decent dividend.  Certainly Uranium is going to go up soon.  Japan is going to start their nuclear power program soon.  He would look to buy it a little cheaper.


Price: $18.510
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVELY OPTIMISTIC
Owned: Unknown
2015-05-28 WAIT CHC Student Housing Corp.
CHC-X
Patrick Horan

They are a small cap REIT.  For the most part he is not interested in REITs.  These guys go to university towns and reformat buildings to facilitate university residence.  Their big competitor is the university itself, which find buildings cost too much when you consider the services to operate residences.  This business model has been exploited in the US and UK and thinks it is coming to Canada.  There is a new stock issue coming and it appears to be an attractive business model.  Talk to your advisor.  No yield yet and highly illiquid.  Don’t buy it today, but wait for the new issue.  Their returns per unit of housing are quite high.


Price: $7.900
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Unknown
2015-05-28 DON'T BUY Canadian Pacific Rail
CP-T
Patrick Horan

TCK.B-T is pulling back on coal shipments, announced today.  You have a lot of time before you buy into CP-T.  It is very expensive.  He admires management and had a positive oil market work in his favour.  Commodities are starting to work to their disadvantage now.  He is very cautious on the stock.  Now is the time to take your profits if you held it over the last few years.


Price: $208.800
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Unknown
2015-05-28 PAST TOP PICK Deere & Co.
DE-N
Paul Harris, CFA

(Top Pick May 29/14, Up 5.48%) He was expecting 10%.  They had great numbers last quarter.  The farming side of the business has slowed down.  If this ticks up they should do very well.  We can buy the stock cheap at these levels.


Price: $93.500
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVELY OPTIMISTIC
Owned: Yes
2015-05-28 TOP PICK DH Corporation
DH-T
Paul Harris, CFA

He likes it and owns it.  It is a ‘thin-tech’ company.  Cheques are 20% of their business still.  They made acquisitions that give them a bigger presence in the US.  They can continue to grow both organically or with bolt-on acquisitions.  The one risk is that they are not merging the sales forces in the last acquisition, so it is something to look out for.  You won’t see a lot of dividend increases because they really want to grow.  They should grow quite substantially over the next little while.


Price: $41.250
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVELY OPTIMISTIC
Owned: Yes
2015-05-28 DON'T BUY eBay Inc
EBAY-Q
Paul Harris, CFA

You want to own PayPal because that is the growth part of the business.  EBAY-O has slowed down a fair bit. 


Price: $60.560
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVELY OPTIMISTIC
Owned: Unknown
2015-05-28 TOP PICK Element Financial
EFN-T
Paul Harris, CFA

They just did an issue to get cash for acquisitions.  They may do a deal with GE for their capital business.  You can certainly see it go higher from here.


Price: $18.800
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVELY OPTIMISTIC
Owned: Yes
2015-05-28 SHORT Emera Inc
EMA-T
Patrick Horan

Stock vs. Stock.  FTS-T vs. EMA-T.  He is short both.  Utilities are overvalued.  They are very levered.  EMA-T has more organic opportunity.  He would not be in either and is short both.  If you have to be long, get EMA-T.


Price: $41.410
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Yes
2015-05-28 PAST TOP PICK Enbridge
ENB-T
Patrick Horan

(Top Pick June 20/14, Down 21.60%) The earnings have come in just fine, perhaps just slightly disappointing.  They have initiated a tax arbitrage so they can stream more earnings to their shareholders by moving assets down.


Price: $60.490
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Yes
2015-05-28 PAST TOP PICK Evertz Technologies Ltd.
ET-T
Patrick Horan

(Top Pick June 20/14, Down 6.29%) 4% dividend.  They are leaders.  They follow election and Olympic cycles and we have seen none of these this year.  He would hold on to it.  He has added in fact.


Price: $16.000
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Yes
2015-05-28 SHORT Fortis Inc.
FTS-T
Patrick Horan

Stock vs. Stock.  FTS-T vs. EMA-T.  He is short both.  Utilities are overvalued.  They are very levered.  EMA-T has more organic opportunity.  He would not be in either and is short both.  If you have to be long, get EMA-T.


Price: $38.110
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Yes
2015-05-28 BUY General Electric
GE-N
Patrick Horan

Covers the world.  Management has refocused their efforts and got out of several lines.  They really cleaned up their act.  They are THE industrial play in the world.  They have good technology.


Price: $27.630
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Unknown
2015-05-28 DON'T BUY General Electric
GE-N
Paul Harris, CFA

He does not think it will go up a lot.  They are getting out of GE capital.  It is back to its roots as an industrial company.  He thinks you will get increasing dividends and share buybacks.  It is not a bad story, but he does not see it trading at huge multiples like it used to. 


Price: $27.630
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVELY OPTIMISTIC
Owned: Unknown
2015-05-28 HOLD CGI Group (A)
GIB.A-T
Patrick Horan

They are hoping on an acquisition.  They want to bring in margins and raise the margins of their acquirer.  He expects it to happen in the next 6 months.  You might have to wait for a catalyst.


Price: $52.650
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Unknown
2015-05-28 HOLD Home Capital Group
HCG-T
Patrick Horan

It is okay to hold this stock.  It is a derivative of oil because of the momentum out of Western Canada.  He thinks we are at $50-60 this year and $60-70 next year.  At that rate Calgary will do ‘okay’.  Then there will always be a discount on this stock.  He was short at the beginning of this year, but is not any longer.


Price: $42.200
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: No
2015-05-28 DON'T BUY IGM Financial Inc.
IGM-T
Paul Harris, CFA

You want to buy their stock and not their mutual funds.  The industry had really consolidated.  They had a lot of issues because a lot of funds are high priced.  We are moving into a world where they have to take less and less money.  They have some high MER products.  Own other parts of the power group.


Price: $42.250
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVELY OPTIMISTIC
Owned: Unknown
2015-05-28 BUY Intertape Polymer Group
ITP-T
Patrick Horan

They had some issues and it is not a bad time to buy now.  He thinks US housing will go up. 


Price: $19.350
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: No
2015-05-28 SELL Kraft Foods Group
KRFT-Q
Paul Harris, CFA

It is being bought by a Brazilian firm.  You could sell your shares now because he thinks no one else will come in and bid on them.  He thinks it will be a better company because of the acquisition. 


Price: $85.140
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVELY OPTIMISTIC
Owned: Unknown
2015-05-28 BUY Lloyds TSB Group PLC
LYG-N
Paul Harris, CFA

The UK government is slowly getting out of this stock.  LYG-N have gone back to the original retail banking.  They are in a good position and the UK economy is coming along quite nicely.  You will see dividend increases and the stock will do better.


Price: $5.410
Subject: NORTH AMERICAN/GLOBAL
Bias: SELECTIVELY OPTIMISTIC
Owned: Unknown
Showing 1 to 30 of 140,423 entries
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