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

Recent Opinions

Date Signal Company Expert Opinion Price
2014-09-19 N/A A Comment -- General Comments From an Expert
A Commentary
John Stephenson

Markets. Feels people are looking for something that is truly hedged. Believes you should be in the cyclical names, and the defensive “short” should be the classical defensive names, because he believes we are seeing a pretty powerful economic slate of data out of the US. That is where you ultimately want your portfolio to be slanted.


Price: $0.020
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: BULLISH on US ECONOMY
Owned: _N/A
2014-09-19 N/A A Comment -- General Comments From an Expert
A Commentary
John Stephenson

Energy Services. In Canada this would be mainly gas services, which is a little different than global oil services, which is increasingly offshore. Gas does well historically from October to March, and he would start in advance in some of these names such as Trinidad Drilling (TRI-T), Precision Drilling (PD-T) and Arctic Services (?).


Price: $0.020
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: BULLISH on US ECONOMY
Owned: _N/A
2014-09-19 N/A A Comment -- General Comments From an Expert
A Commentary
Greg Newman

Markets. There was a sigh of relief from Scotland last night, the European markets were up, emerging markets were up, the US wasn’t too bad, but he thinks international investors just headed for the exits because of the high US$, which means lower commodity prices. However, there was also weakness in the banks, healthcare, consumer staples, which tells him it was a “risk off” trade that was unique to Canada today. Their real culprit of today’s move is that Europe is weak. This means the euro has to come down, which means the US$ is probably going higher, which will continue to pressure commodities. He is expecting more volatility. We are still in a Bull market, but there is more noise.


Price: $0.020
Subject: CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias: UNKNOWN
Owned: _N/A
2014-09-19 N/A A Comment -- General Comments From an Expert
A Commentary
Greg Newman

Which Canadian bank would you recommend? Likes Bank of Nova Scotia (BNS-T) for its properties and international exposure. Has paused here a little. Capital levels are really good and they can make accretive acquisitions. The Royal (RY-T) is still sensitive to the market that we are in. Toronto Dominion (TD-T) is good. Commerce’s (CM-T) growth rate isn’t as good but they have really good capital ratios so they can make accretive acquisitions. Likes the whole banking group. A good place to put money.


Price: $0.020
Subject: CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias: UNKNOWN
Owned: _N/A
2014-09-19 COMMENT Apple
AAPL-Q
John Stephenson

If you own, you’ve had a good run and would be probably wise to trim a little bit. However, overall, looking at the technology space, this looks really good. They do 2 things primarily. Produces consumers’ products, but also has the operating system which you can use across your iPad, iPhone, etc. Thinks they have a lot of leverage that they are starting to pull. Valuation is not ridiculous and they have a lot of cash.


Price: $100.960
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: BULLISH on US ECONOMY
Owned: Unknown
2014-09-19 PAST TOP PICK Algonquin Power & Utilities Corp
AQN-T
Greg Newman

(A Past Pick Oct 2/13. Up 45.38%.) He is restricted and can’t make any comments at this time.


Price: $8.980
Subject: CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias: UNKNOWN
Owned: Yes
2014-09-19 HOLD Athabaska Oil Sands Corp
ATH-T
John Stephenson

He is a little nervous on names like this. The potential is there. The reservoir looks attractive and reserves look attractive, but you have funding issues. It is not a producing mainstream player in the oil sands yet, so you take a huge amount of risk. At best this would be a Hold.


Price: $6.160
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: BULLISH on US ECONOMY
Owned: Unknown
2014-09-19 BUY Bonavista Energy Corp
BNP-T
John Stephenson

(Market Call Minute.) Probably not a bad place to be. Good job and a decent balance sheet.


Price: $12.920
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: BULLISH on US ECONOMY
Owned: No
2014-09-19 BUY Bonavista Energy Corp
BNP-T
Greg Newman

Trades at a discount to its peers, yet it has had some pretty good cash flow growth. Has a more focused asset concentration than it had as well as lower operating costs. Sees the payout ratio coming down. He models 122% for 2015, which is better than it was. Challenge here is lower natural gas prices.


Price: $12.920
Subject: CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias: UNKNOWN
Owned: Unknown
2014-09-19 COMMENT Baytex Energy Corp
BTE-T
John Stephenson

This has been a very strong story over the last 10 years. More of a heavy oil story, which is looking pretty good. The differential between Western Canadian Select and WTI has narrowed and is likely to stay now because the infrastructure bottlenecks that were creating the spread have really narrowed. Very well managed and will continue to grow.


Price: $43.160
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: BULLISH on US ECONOMY
Owned: Yes
2014-09-19 BUY Blackstone Group LP
BX-N
John Stephenson

Phenomenal company. You want to be in these private equity companies, and this is a preeminent name. They are hugely sensitive to the stock market. Economic data in the US is currently very strong. Private equity companies invest in the down market and raise money in the up-cycles and harvest in the up-cycles. An attractive company with a very strong pipeline. (See Top Picks.)


Price: $33.170
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: BULLISH on US ECONOMY
Owned: Yes
2014-09-19 BUY Bellatrix Exploration Ltd.
BXE-T
John Stephenson

(Market Call Minute.) Has done a good job.


Price: $7.250
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: BULLISH on US ECONOMY
Owned: No
2014-09-19 PAST TOP PICK CitiGroup
C-N
John Stephenson

(A Top Pick Nov 7/13. Up 11.42%.) Loves this name. Has been disappointing for the 1st part of the year. Money center banks have been viewed as the perpetrators of the 2008-2009 financial collapse. Now the litigation risk is behind them they are starting to pay down debt and are raising capital. Also starting to return money to shareholders. Can see 100% of cash flow coming back to shareholders starting next March. Sees $65 in 12 months.


Price: $53.480
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: BULLISH on US ECONOMY
Owned: Yes
2014-09-19 HOLD Caterpillar
CAT-N
John Stephenson

(Market Call Minute.) He is just not bullish on mining right now, which is a big part of their business.


Price: $102.510
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: BULLISH on US ECONOMY
Owned: Unknown
2014-09-19 TOP PICK Canadian Natural Rsrcs
CNQ-T
Greg Newman

Thinks the market is really ignoring that this company gets a lot of their effective pricing from Western Canada Select, which really hasn’t changed much. Differentials have narrowed, so the “spread under” has gone up. Thinks that on this next quarter, as long as oil doesn’t drop another $10, this should be a nice little earnings release. Ultimately they expect to have $5.5-$6.5 billion of free cash flow by 2018.


Price: $44.070
Subject: CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias: UNKNOWN
Owned: Yes
2014-09-19 BUY on WEAKNESS Canadian Pacific Rail
CP-T
Greg Newman

Stock has gotten a little bit ahead of itself. Transports have been great on lower oil prices. He sees $8.90 per share in earnings for 2014 and sees it going to $16.10 in 2017, but based on his 7%-8% revenue growth assumptions and the OR continuing to fall. If these targets are right, this should be a $300 stock in 2016.


Price: $226.270
Subject: CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias: UNKNOWN
Owned: Unknown
2014-09-19 BUY on WEAKNESS Cenovus Energy
CVE-T
Greg Newman

Thinks there is good long term value in this stock but their “steam to oil” ratio has been moving higher, which is not good. Expects this to peak in Q3 and fall to more normalized levels, which should help the stock. Ultimately he would be using weakness to be buying. Good balance sheet and debt to cash flow at about 1 times. Trades in line with its peers. Nice safe dividend.


Price: $31.410
Subject: CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias: UNKNOWN
Owned: Unknown
2014-09-19 BUY Dream Office REIT
D.UN-T
Greg Newman

Likes at this level. Pays an 8% distribution. Trading at about a 15% discount is estimated NAV. Payout ratio looks fine. Trending down at about 92%. Thinks that improved office market sentiment may be 6-9 months away.


Price: $27.960
Subject: CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias: UNKNOWN
Owned: Yes
2014-09-19 BUY Delphi Energy Corp.
DEE-T
John Stephenson

(Market Call Minute.) Small but has done a good job of growing their production.


Price: $3.620
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: BULLISH on US ECONOMY
Owned: No
2014-09-19 PAST TOP PICK Encana Corp
ECA-T
John Stephenson

(A Top Pick Nov 7/13. Up 27.84%.) This is the kind of gas play that most investors should have in their portfolio. They have focused on 5-6 core areas only. Capital discipline is very important for this company. PrairieSky (PSK-T) has really helped them put their balance sheet in order and they’re sitting on a lot of cash right now. Looks pretty solid right.


Price: $23.790
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: BULLISH on US ECONOMY
Owned: Yes
2014-09-19 BUY on WEAKNESS EnerCare Inc
ECI-T
Greg Newman

Company bought some accretive assets which he viewed as favourable. He can see them growing their EBITDA’s by 31% between now and 2015. Also sees their payout ratio coming down to 85% this year, 71% next year and 65% in 2016. He likes it and has been buying. Trades at a slight premium to the group, but given the less cyclical nature of their business, it should trade at a premium. Buy on an off day.


Price: $13.630
Subject: CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias: UNKNOWN
Owned: Yes
2014-09-19 COMMENT Enbridge
ENB-T
Greg Newman

This is going to be impacted if yields go a lot higher The move has been really big. Trading at around 7% its 2015 estimated pre-cash yield. This is in line with TransCanad Pipeline (TRP-T). However it has 11%-12% earnings growth for years out. His target is $70.


Price: $56.480
Subject: CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias: UNKNOWN
Owned: Unknown
2014-09-19 PAST TOP PICK Enerplus Corp
ERF-T
Greg Newman

(A Past Pick Oct 2/13. up 24.7%.) Just suspended the stock dividend program today. It was a sweetener.  Management has said this is going to help build shareholder value longer term, which he agrees with. It is going to alienate some shareholders. Sold half his position when the stock was around $26 and has now just sold the rest on the news. Expects more downside, but will probably go back in.


Price: $20.390
Subject: CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias: UNKNOWN
Owned: No
2014-09-19 TOP PICK FirstEnergy Corp.
FE-N
John Stephenson

SHORT. 60% of their capital structure (debt and equity) is debt, so that portion will be very sensitive as interest rates go up. He feels US interest rates are very likely to start going up early next year. In addition, 20% of their business is unregulated.


Price: $34.620
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: BULLISH on US ECONOMY
Owned: Yes
2014-09-19 PARTIAL BUY Freehold Royalties
FRU-T
John Stephenson

At this point, this looks reasonably attractive. PrairieSky (PSK-T) really started putting pressure on management to be a little more acquisitive and show a little more growth. Because of this, he suspects they will be looking to buy more properties. A very conservatively managed company. He would slowly buy on this one.


Price: $23.610
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: BULLISH on US ECONOMY
Owned: Unknown
2014-09-19 BUY on WEAKNESS Finning Int
FTT-T
Greg Newman

Equipment makers aren’t the best place to be right now. However he still sees nice EBITDA growth of about 7% and he gets this from a little bit of revenue growth of about 5.5%, but really from improving operations and better margins. Sees their balance sheet strengthening quite a bit and sees their dividend growing nicely over the next couple of years, maybe about 13%. A good quality name. Buy on a pullback.


Price: $32.360
Subject: CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias: UNKNOWN
Owned: Unknown
2014-09-19 TOP PICK General Motors Corporation
GM-N
John Stephenson

Stock has been beaten up, so this is an attractive entry point. This is reflected in the valuations. Trading at 8.1X forward earnings. They have bungled some things, but you are seeing a strong pick up in growth. They are going towards more standardized footprints so they can produce multiple cars on the same chassis in different styles. Opel division in Europe has been a bit of a headwind, but their Cadillac is doing quite well in China.


Price: $33.940
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: BULLISH on US ECONOMY
Owned: Yes
2014-09-19 TOP PICK Hudson Bay Co.
HBC-T
Greg Newman

Sees this as a way for Canadian investors to benefit from improving US retail. 63% of their business mix is now levered to the US through Saks, Lord & Taylor and Off Fifth. He is modelling 43% revenue growth from merger synergies and higher margins over the next couple of years. The kicker here is that management has said they are going to do something with their real estate between now and next spring. There is a good chance of a growing retailer that is trading at a good level on a PEG ratio basis along with the real estate upside.


Price: $15.250
Subject: CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias: UNKNOWN
Owned: Yes
2014-09-19 BUY H&R Real Estate Inv Trust
HR.UN-T
Greg Newman

This is a bit of a bond proxy. A bit of a yield play because they have maturities on their rents that are so far out. Sees the nice 6% dividend supported by an 89% estimated 2015 payout ratio. Reasonable growth of 3.6%. 98% occupancy.


Price: $21.630
Subject: CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias: UNKNOWN
Owned: Unknown
2014-09-19 TOP PICK Intact Financial
IFC-T
Greg Newman

Property and casualty. Steady Eddie 46% earnings per share growth. This is a fragmented market and future acquisitions serve as embedded catalysts. If they can make an accretive acquisition, investors in the next 12 months will benefit.


Price: $72.380
Subject: CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias: UNKNOWN
Owned: Yes
Showing 1 to 30 of 132,078 entries
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