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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
2014-12-16 DON'T BUY Canadian Oil Sands
COS-T
Mike S. Newton, CIM FCSI

There are hundreds of stocks in the US and hundreds in Canada that are much more attractive. This has been an ongoing, very capital intensive enterprise where every year feels like it is going to be its year. Has been a real frustrating name to own. He would not be interested.


Price: $8.990
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: No
2014-12-16 PAST TOP PICK Catamaran Corp.
CTRX-Q
Mike S. Newton, CIM FCSI

(A Top Pick Dec 17/13. Up 6.52%.) This really consolidated in the last 1-1.5 years and finally had a nice run up from October. The whole healthcare space was in question and had had some issues with some of the big contracts that they had had. Still likes.


Price: $48.720
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Yes
2014-12-16 PAST TOP PICK DirectCash Payments Inc
DCI-T
Stephen Takacsy, B. Eng, MBA

(Top Pick Jan 21/14, Up 0.82%) A bad report last year turned out to be unfounded.  The dividend has been increased recently.  Phenomenal job of making acquisitions internationally.  They are good at driving down their costs and getting their margins per ATM machine up.  One of the safest stocks.  Over 8% dividend.  50% payout ratio.  Great recurring revenue stream. 


Price: $18.180
Subject: CANADIAN
Bias: OPTIMISTIC
Owned: Yes
2014-12-16 PAST TOP PICK Dassault Systemes
DSY-FP
Mike S. Newton, CIM FCSI

(A Top Pick Dec 17/13. Up 1.83%.) Thinks he made about 15% in the early trade.


Price: $0.000
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: No
2014-12-16 BUY FP Newspapers Inc
FP-T
Stephen Takacsy, B. Eng, MBA

He has a big position.  Very well managed.  It is News Papers so they are under pressure for advertising revenues.  The dividend is very sustainable now.  Yield is 12% and they should be able to sustain that for years. 


Price: $2.850
Subject: CANADIAN
Bias: OPTIMISTIC
Owned: Unknown
2014-12-16 BUY Guardian Capital Group
GCG.A-T
Stephen Takacsy, B. Eng, MBA

Top Pick in August.  One of the cheapest stocks out there, but not that liquid.  Well managed business, dirt cheap.  Fastest growing asset manager.  Hold for the long term.


Price: $17.250
Subject: CANADIAN
Bias: OPTIMISTIC
Owned: Unknown
2014-12-16 HOLD CGI Group (A)
GIB.A-T
Stephen Takacsy, B. Eng, MBA

There were accounting issues for a while, then the European acquisition where they took a lot of write downs.  Well managed.  Watch the lack of organic growth.


Price: $41.110
Subject: CANADIAN
Bias: OPTIMISTIC
Owned: Unknown
2014-12-16 BUY Google
GOOGL-Q
Mike S. Newton, CIM FCSI

European regulators are worried about how much market share they have in “search” (60% market share globally). You also have a lot of issues with investors regarding their spending a lot of money on wearables, self driving cars, etc. Keep in mind that they have been growing at 20% a year now for 4 years, and are still anticipated to grow at 20% again next year. Trading at 17X earnings, which is a real deal when compared to the market which is trading at 16X earnings, and trading at a much slower rate. He really likes this company. A lot of trends are going to work in their favour. He plans on re-entering this name whenever he gets some cash.


Price: $498.160
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: No
2014-12-16 BUY Logistec Corp
LGT.B-T
Stephen Takacsy, B. Eng, MBA

One of his oldest holdings.  One of his best performers and biggest overall position.  Marine cargo handling in eastern North America and an environmental business to line water pipes without ripping up a whole city street.  Doing a huge expansion of their Montreal port.  Sees very good growth ahead.  It is fairly illiquid. 


Price: $38.560
Subject: CANADIAN
Bias: OPTIMISTIC
Owned: Yes
2014-12-16 COMMENT LinkedIn Corporation
LNKD-N
Mike S. Newton, CIM FCSI

Thinks this is something that he would want to own. It is pretty much flat year to date. They are sitting on a large amount of cash, which is a new thing for a lot of these Internet names. Who knows if maybe they’ll start returning some of that cash to shareholders and/or start paying dividends.


Price: $215.570
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: No
2014-12-16 PAST TOP PICK LVMH Moet Hennessy Louis Vuitton SA
LVMUY-(OTC)
Mike S. Newton, CIM FCSI

(A Top Pick Dec 17/13. Down 5.02%.) The idea was that with the high-end consumer, the company would be able to name their price on articles, our European recovery. Didn’t make any money on this.


Price: $0.000
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: No
2014-12-16 HOLD McDonalds
MCD-N
Mike S. Newton, CIM FCSI

Raised its dividend 25 years straight. Have always been about to reinvent themselves. The idea of a better, healthier, nutritional, organic locally sourced type of environment is really challenging right now. The dividend yield is the parachute that keeps him in this stock. He just heard that there might be an activist investor coming along to get this moving. Don’t give up on it.


Price: $88.720
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Yes
2014-12-16 TOP PICK Newalta Corp
NAL-T
Stephen Takacsy, B. Eng, MBA

Oil and Gas.  One of the biggest recyclers of waste in the business.  They clean up tailing ponds.  Very little business is tied to the price of oil.  Stock is really beaten up.  Good short term upside. To the $19s.


Price: $15.480
Subject: CANADIAN
Bias: OPTIMISTIC
Owned: Yes
2014-12-16 BUY Neulion
NLN-T
Stephen Takacsy, B. Eng, MBA

Was a top pick and is a top holding right now.  He is not selling any time soon, based on NHL deal with Rogers.  Don’t worry about the volatility, just watch the quarterly results.  It could be a takeout candidate in the next few years.  They have the market locked up and have a recurring revenue stream.


Price: $1.220
Subject: CANADIAN
Bias: OPTIMISTIC
Owned: Yes
2014-12-16 BUY on WEAKNESS Parkland Fuel Corp
PKI-T
Stephen Takacsy, B. Eng, MBA

Just met with management.  They are not that affected by oil prices.  Just made a huge acquisition of gas stations and convenience stores.  He finds it expensive at these levels.  He would look at it on a correction only.


Price: $20.950
Subject: CANADIAN
Bias: OPTIMISTIC
Owned: Unknown
2014-12-16 TOP PICK Park Lawn Income Trust
PLC-X
Stephen Takacsy, B. Eng, MBA

Only publicly traded company in this industry.  40 years capacity in cemeteries.  Great dividend yield.  Great way to play demographics.


Price: $12.300
Subject: CANADIAN
Bias: OPTIMISTIC
Owned: Yes
2014-12-16 PAST TOP PICK Plaza Retail REIT
PLZ.UN-T
Stephen Takacsy, B. Eng, MBA

(Top Pick Jan 21/14, Down 4.4%) Just converted to a REIT and then made a big acquisition.  No external management firm.  Management is focused on AFFO per share.  Raised dividend 12 consecutive years in a row.  25% of occupancy is Shoppers Drug Mart.


Price: $4.030
Subject: CANADIAN
Bias: OPTIMISTIC
Owned: Yes
2014-12-16 STRONG BUY Pembina Pipeline Corp
PPL-T
Stephen Takacsy, B. Eng, MBA

Large holding for him.  It got way ahead of itself.  Big dividend.  Huge number of secure projects in the `pipeline`.  It got pounded with the oil price and yet it should not have had that much of an impact.


Price: $37.760
Subject: CANADIAN
Bias: OPTIMISTIC
Owned: Yes
2014-12-16 BUY QHR Corp.
QHR-X
Stephen Takacsy, B. Eng, MBA

Medical records developer.  These guys are the leader.  There are few players besides TELUS and Nightingale.  Very profitable and good cash flow.  The cheapest software company out there.  9 times forward earnings.  It is volatile because it is a low priced stock.  He accumulates and it is a big position.


Price: $1.230
Subject: CANADIAN
Bias: OPTIMISTIC
Owned: Yes
2014-12-16 BUY Asian Television Network International
SAT-X
Stephen Takacsy, B. Eng, MBA

This was a top pick on BNN previously when he was on.  This is the largest ethnic broadcaster in Canada.  He really likes the recent quarterly results.  Advertising revenues are trending up and costs are being contained down.  Very well managed company and very profitable.  A long-term hold for him.


Price: $2.490
Subject: CANADIAN
Bias: OPTIMISTIC
Owned: Yes
2014-12-16 TOP PICK Starbucks
SBUX-Q
Mike S. Newton, CIM FCSI

Hasn’t been a spectacular performer this year, but is moving into food and wine with a big movement into China and eventually into India. Have great metrics and great earnings. Yield of 1.62%.


Price: $79.130
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Yes
2014-12-16 SELL Sierra Wireless
SW-T
Stephen Takacsy, B. Eng, MBA

Great business, but very expensive stock.  You don’t want to chase these things.  Wait for a pullback here if you want to get in, otherwise take the money and run.


Price: $48.170
Subject: CANADIAN
Bias: OPTIMISTIC
Owned: Unknown
2014-12-16 DON'T BUY Transat A.T. Inc (B)
TRZ.B-T
Stephen Takacsy, B. Eng, MBA

A tough business, specific destinations.  It is a low margin business.  The only good thing for them is low fuel costs.  He would not invest in it. 


Price: $7.660
Subject: CANADIAN
Bias: OPTIMISTIC
Owned: No
2014-12-16 TOP PICK Tesla Motors Inc
TSLA-Q
Mike S. Newton, CIM FCSI

A name that most serious investors don’t take seriously. Thinks we will look back at this and wonder why we haven’t been accumulating for the future. Extremely innovative. Thinks this is going to be like the iPod was 6-7 years ago. He is accumulating this on the margin. There is no perfect time to be buying this. Take very small baby steps with a maximum weighting of about 2.5%, (maybe 1%, 1% followed by 0.5%) and see how it goes over the next couple of months.


Price: $197.810
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Yes
2014-12-16 COMMENT Whistler Blackcomb Holdings
WB-T
Mike S. Newton, CIM FCSI

Has a really good yield of 4.8%. Going through a Renaissance on a number of levels such as the pickup in the global economy. Early indications are that the growth in their season pass is only about 5% right now. A good name.


Price: $20.500
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: No
2014-12-16 HOLD WesternOne Inc
WEQ-T
Mike S. Newton, CIM FCSI

Was stopped out pretty much at $7.80, but has a small portion that was not filled. Was completely surprised by the collapse in this. It had been on its way to $9-$10 and is now down to around $2.70. A gut wrenching drop. There has to be a dividend cut coming on this. There will be a lot of tax loss selling on this so the stock could drop further.


Price: $2.670
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Yes
2014-12-16 PAST TOP PICK Wi-Lan Inc.
WIN-T
Stephen Takacsy, B. Eng, MBA

(Top Pick Jan 21/14, Up 5.54%) A roller coaster ride.  They are hell bent on signing a licensing deal or winning in court with AAPL-O.  Some good upside.


Price: $3.470
Subject: CANADIAN
Bias: OPTIMISTIC
Owned: Yes
2014-12-16 TOP PICK Canadian Satellite Radio
XSR-T
Stephen Takacsy, B. Eng, MBA

Held since the merger.  Losers merged to make a massive money maker.  Stock came down when they paid a special dividend.  2.6 Million subscribers, recurring revenue, hardly any cap x.  Cash flow multiples are 50-70% more than it is trading at.  Number of cars equipped to receive the signal is growing dramatically.  Very cheap right now.


Price: $5.890
Subject: CANADIAN
Bias: OPTIMISTIC
Owned: Yes
2014-12-16 COMMENT BMO S&P/TSX Eq. Wt. Industrials
ZIN-T
Mike S. Newton, CIM FCSI

Canadian industrials. He would be interested in this space as long as you take a really good look at what the energy exposure is. Now that the Cdn$ is lower, there is a lot of tailwind with a lot of these names. You’ll find a lot of transportation names, such as West Jet. There is probably a lot of exposure on the outside of the oil patch, which would be interesting. He would be interested in owning this ETF.


Price: $20.540
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: No
2014-12-16 BUY BMO Covered Call Utilities ETF
ZWU-T
Mike S. Newton, CIM FCSI

Has been a good name to own. The Covered Call nature helps mitigate an “interest rate hike” risk. The only concern that he has is that it is about 35% energy, and that is always going to cause a little bit of grief. Believes this has both Canadian and US exposure, and this is probably a good entry point.


Price: $14.700
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Unknown
2014-12-15 N/A A Comment -- General Comments From an Expert
A Commentary
Larry Berman CFA, CMT, CTA

Markets.  You can look at oil and be scared or you can see a lot of opportunity.  Oil prices could stay here for the next 6 months, but fundamentally, half or more of the fracking in the US makes no money.  The current price is already priced into oil stocks.  Look for when it is going to recover.  He would be surprised if the Fed had any material change to the rates this week.  The energy sector is a growth sector in the US.  Most jobs over the last 6 months are directly or indirectly related to fracking.


Price: $0.020
Subject: TECHNICAL ANALYSIS & ETF's
Bias: UNKNOWN
Owned: _N/A
2014-12-15 BUY A Comment -- General Comments From an Expert
A Commentary
Larry Berman CFA, CMT, CTA

Energy.  For his sleep at night portfolio, the risk adjusted dividends are more attractive than most other sectors in the world.  In the coming months we will likely see much more volatility in the energy sector.  Nobody knows.  This is characteristic of a bottom, although it could get 10% lower.


Price: $0.020
Subject: TECHNICAL ANALYSIS & ETF's
Bias: UNKNOWN
Owned: Yes
2014-12-15 N/A A Comment -- General Comments From an Expert
A Commentary
Larry Berman CFA, CMT, CTA

Educational Segment.  Forecasting Next Year.  What he thinks today could change a month from now.  Forecasting two years out is nice to have but…  In 2015 here is what might happen:  Greece:  We could be positioned for another exit.  We are starting to take a turn.  It is breaking down.  An election process over the next three weeks may not re-elect, and it could be an anti Euro party that gets in.  That is the only way to turn things around there.  It would be the first country to leave the Euro.  Russia and part of South America:  South America is stressed like Russia because of oil being the major export for their economy.  Thinks Venezuela could re-value their currency and shock the world.  Credit market spreads:  are widening and we need to be on the lookout for that.  China: next year they could miss their 7% growth projection.  China is a big risk for next year that we need to think about.  What if the FED decides to tighten next year:  Look at Euro futures.  By September and December next year, the probably of 1/2-3/4ths of a percent rate hike are already priced in.  If oil prices stabilize, the Canadian market might start to turn around.  Look at French and German bond yields:  The best performing asset this year was a US long bond.  We need to watch Euro bond yields and especially French.  When we see an extended decline in oil like this, the recovery tends to be about 15 to 25%.  We are likely to see a bottom in the next few months,.  Earning expectations need to come down.  Maybe markets will be just okay next year.  Will talk more about these things in January.


Price: $0.020
Subject: TECHNICAL ANALYSIS & ETF's
Bias: UNKNOWN
Owned: _N/A
2014-12-15 N/A A Comment -- General Comments From an Expert
A Commentary
Michael Bowman

Markets.  Guest reviewed The 10 Market Rules to Remember from Bob Ferrell

1.  Markets tend to return to the mean over time.  Look at the insanity right now.  It always becomes sane again.  The price of oil will not go down forever.

2.  Excesses in one direction lead to opposite excesses in the other direction.  Greed turns into fear.  Oil has probably overshot in its correction.  Investors must be patient.

3.  There is no era, so excesses are never prominent.  We all think we are smarter than the market.  But the market has a mind of its own.  We will never understand it.

4.  Exponential rapidly rising or falling markets usually go further than you think, but never go sideways.  The market will come back to the 200 day moving average.

5. The public buys the most at the top and the least at the bottom.  He does not believe in selling oil stocks right here.  If we learn nothing else today, independent thinking will always outperform the herd mentality.

6.  Fear and greed are stronger than long term resolve.  We need to have a plan.  Somehow we need to put fear and greed on the back burner and focus on the situation at hand.

7.  Markets are strongest when they are broad and weakest when they narrow to a few blue chip names.  Try to understand where the market as a whole is right now and where a particular stock fits in.  60% of the move of a security is based on the move of the market as a whole.

8.  Bear markets have three stages: Sharp Downturn, Reflexive Rebound, and a Drawn Out Fundamental Downturn.  If we are going into a bear market in oil, you will still see a rebound here.  But this is how bear markets get started.  He doesn’t believe we are going into a bear market for oil, however.

9. When all the experts and forecasters agree, then something else will happen.  Interest rates were supposed to go up this year, but they fell. 

10.  Bull markets are more fun than bear markets unless you are short.


Price: $0.020
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: DEFENSIVE
Owned: _N/A
2014-12-15 N/A A Comment -- General Comments From an Expert
A Commentary
Gajan Kulasingam

Markets.  People wondered how low oil would go.  Now it is a case of how long oil will stay low (6 months?  A year?).  He thinks fundamentally it should be at $75.  It is a case of who is going to cut production and how soon.  He sees $80 by the end of 2015.  When he looks at the volatility of the cash flows in energy infrastructure he is surprised how low stocks have gone.  Thinks there are some good values here.  You are going to see decent growth coming out of the US.  But will they pull the rest of the world up or will the rest of the world pull them back into recession.  Follow cash flow streams to see where they come from and how well protected they are.  He can manage equity volatility, but tries not to speculate on currency risk.


Price: $0.020
Subject: INDUSTRIALS, UTILITIES and ENERGY INFRASTRUCTURE
Bias: OPTIMISTIC
Owned: _N/A
2014-12-15 TOP PICK Altagas Ltd
ALA-T
Gajan Kulasingam

It is a diversified business model of power, gas and regulated utilities.  This will be one of the highest dividend growers (10% over next 3 years).  Projects they commissioned will be coming on line.  Have one of the lowest payout ratios amongst their peers.  You will see a bump up in cash flows and payout ratio.  They have the quickest chance to get a LNG projects up and running. 


Price: $36.960
Subject: INDUSTRIALS, UTILITIES and ENERGY INFRASTRUCTURE
Bias: OPTIMISTIC
Owned: Yes
2014-12-15 TOP PICK American Tower
AMT-N
Michael Bowman

Is actually a REIT.  65,000 towers around the world.  Great balance sheet and great management.  They are always profitable. 


Price: $97.450
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: DEFENSIVE
Owned: Yes
2014-12-15 HOLD Algonquin Power & Utilities Corp
AQN-T
Gajan Kulasingam

Dividend is absolutely safe.  A nice stable business model.  CEO has a great track record and he thinks they will continue to grow out the business model.  The dividend could grow 8-10% over the next couple of years and cash flows will grow to support that.  They just did an equity raise to shore up the balance sheet.


Price: $9.420
Subject: INDUSTRIALS, UTILITIES and ENERGY INFRASTRUCTURE
Bias: OPTIMISTIC
Owned: Unknown
2014-12-15 TOP PICK Aecon Group Inc
ARE-T
Michael Bowman

Convertible debentures from Aecon.  He is looking for a more conservative way to play an equity.  5.6% yield.  You get back 100% in three years.  Not a lot of downside.  It has been hurt along with the oil situation.


Price: $9.770
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: DEFENSIVE
Owned: Yes
2014-12-15 BUY Arc Resources Ltd
ARX-T
Michael Bowman

Has been around for a long time.  Best in class.  Great management.  Probably one of the more supreme companies when it comes to managing production. 


Price: $23.430
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: DEFENSIVE
Owned: Unknown
2014-12-15 BUY Brookfield Infrastucture Partners
BIP.UN-T
Gajan Kulasingam

Likes it.  Very high quality business, run by an exceptional management team.  They buy cheap depressed businesses and turn them around to sell at a profit.  Recent acquisition of telecom towers in France will fit well.  The dividend could grow at 10% for a total 15% yield.  They do well when the markets are in turmoil because they buy distressed businesses. 


Price: $46.500
Subject: INDUSTRIALS, UTILITIES and ENERGY INFRASTRUCTURE
Bias: OPTIMISTIC
Owned: Unknown
2014-12-15 BUY Baytex Energy Corp
BTE-T
Michael Bowman

Has been crushed.  Down to $15.74 from $48.  Cut back production and decreased dividend.  He has always liked them.  They are always ahead of the curve, the first to hire rail companies to deliver oil.    It will turn around and it will go up.


Price: $15.340
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: DEFENSIVE
Owned: Unknown
2014-12-15 WATCH Chicago Bridge & Iron Co.
CBI-N
Michael Bowman

Was a top pick of his.  There is no support or resistance on this chart.  It has been in free fall.  He likes it because of valuation.  Thinks it has great value here, but he does not know where the bottom is.


Price: $38.300
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: DEFENSIVE
Owned: Unknown
2014-12-15 PAST TOP PICK Comcast Corp
CMCSA-Q
Gajan Kulasingam

(Top Pick Jul 15/14, Up 0.51%) Still thinks the Time Warner Cable goes through.  There are revenue synergies.  Thinks there are going to be share buybacks.  It should get re-rated as the cash flow starts to grow.  This will be a 2016/17 story.


Price: $54.940
Subject: INDUSTRIALS, UTILITIES and ENERGY INFRASTRUCTURE
Bias: OPTIMISTIC
Owned: Yes
2014-12-15 BUY Canadian National R.R.
CNR-T
Michael Bowman

58% operating ratio.  Probably getting hurt somewhat in crude by rail, but saving a ton in fuel.  You need this in your portfolio.


Price: $74.550
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: DEFENSIVE
Owned: Unknown
2014-12-15 HOLD Cenovus Energy
CVE-T
Michael Bowman

Over 5% divided.   Not a pretty chart.  It is hard to see support and resistance.  Markets overshoot and over correct.  There is an over correction right here. 


Price: $19.290
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: DEFENSIVE
Owned: Unknown
2014-12-15 PAST TOP PICK Danaher Corp.
DHR-N
Gajan Kulasingam

(Top Pick Jul 15/14, Up 6.72%) Thinks they will migrate away from the industrial side and toward the medical/dental side.  This is an M&A and rollup story.  The stock looks cheaper now.  The cash balance suggests they will do more M&A.  Thinks there is still more upside.


Price: $83.390
Subject: INDUSTRIALS, UTILITIES and ENERGY INFRASTRUCTURE
Bias: OPTIMISTIC
Owned: Yes
2014-12-15 DON'T BUY Denison Mines Corp
DML-T
Michael Bowman

In 1997 it was $600.  At $1 now.  U-T shows where uranium is going.  $4.75 is the support level for U-T.  It will be all based on Japan.  They had issues, but are now thinking about firing up more nuclear reactors.  Prefers CCO-T, however.


Price: $1.080
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: DEFENSIVE
Owned: Unknown
2014-12-15 COMMENT Encana Corp
ECA-T
Michael Bowman

Their move to get into oil means it will take all of this year and most of next year to move to the high margin oil business.  It may be beneficial to do this right now.  The oil price trend will reverse itself at some point. 


Price: $13.530
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: DEFENSIVE
Owned: Unknown
2014-12-15 SELL Eagle Energy Trust
EGL.UN-T
Michael Bowman

When income trusts disappeared, this one found a loop hole where all of their assets need to be in the US.  There may be better oil plays out there.  36% yield.  It tells you that you probably don’t want to be in this stock.


Price: $2.750
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: DEFENSIVE
Owned: No
2014-12-15 PAST TOP PICK 1stTr ISE Global Engineering and Construction
FLM-N
Michael Bowman

(Top Pick Dec 18/13, Down 10.33%) Liked the construction part of the market place.  They got hurt in the oil infrastructure area.  Companies in this ETF have big companies with big projects.  It is only down 10%.


Price: $43.020
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: DEFENSIVE
Owned: No
2014-12-15 WEAK BUY Fluor Corp.
FLR-N
Gajan Kulasingam

One of the largest engineering and construction firms in the world.  It has high exposure to oil.  If you want to play in this space you have to be cognizant of the risk.  It tends to be quite volatile.


Price: $56.670
Subject: INDUSTRIALS, UTILITIES and ENERGY INFRASTRUCTURE
Bias: OPTIMISTIC
Owned: Unknown
2014-12-15 WAIT Flowserve Corp.
FLS-N
Gajan Kulasingam

Oil and gas exposed, but much of the cash flow is recurring and very predictable.  Mid stream and downstream cap-x are not at risk these days.  The valuation is compelling, but he is waiting to see how oil shakes out.  It gets 25% return on invested capital.  He is going to take a hard look at it when oil stabilizes.


Price: $54.800
Subject: INDUSTRIALS, UTILITIES and ENERGY INFRASTRUCTURE
Bias: OPTIMISTIC
Owned: No
2014-12-15 TOP PICK Gibson Energy
GEI-T
Michael Bowman

They came out in the last few days and announced increased capital expenditures.  Payout ratio of 60% and relatively modest exposure to oil.  A great company.  They are not cutting the dividend.


Price: $23.840
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: DEFENSIVE
Owned: Yes
2014-12-15 BUY Gibson Energy
GEI-T
Gajan Kulasingam

Earnings expectations have been priced into the market.  They are the most exposed to oil in the energy infrastructure space.  He expects a 10% drop in earnings, but the stock has dropped 30%.  Thinks they will continue to raise their dividend.  Thinks it is a great value.


Price: $23.840
Subject: INDUSTRIALS, UTILITIES and ENERGY INFRASTRUCTURE
Bias: OPTIMISTIC
Owned: Unknown
2014-12-15 BUY HAP Seasonal Rotation ETF
HAC-T
Larry Berman CFA, CMT, CTA

Thinks there is a performance fee on the mutual fund.  You have to pay a premium for an actively managed fund.  7 basis points is the basic fee before the bonus and not bad.


Price: $14.540
Subject: TECHNICAL ANALYSIS & ETF's
Bias: UNKNOWN
Owned: Unknown
2014-12-15 DON'T BUY Husky Energy
HSE-T
Michael Bowman

There are better things out there.  You need to be more defensive in the energy sector.  At some point oil is definitely going higher.  This one has upstream, downstream and gas stations, but he would prefer others like SU-T.


Price: $22.020
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: DEFENSIVE
Owned: Unknown
2014-12-15 WATCH Innergex Renewable Energy
INE-T
Gajan Kulasingam

Great management team.  Great assets.  Long duration.  2017/18 projects will come on line and generate more cash flow.  It is probably fairly valued here.  He would buy at a lower level.


Price: $11.180
Subject: INDUSTRIALS, UTILITIES and ENERGY INFRASTRUCTURE
Bias: OPTIMISTIC
Owned: No
2014-12-15 WEAK BUY Keyera Corp
KEY-T
Gajan Kulasingam

Has been beaten up similar to other pipelines.  They have no exposure to crude oil.  He thinks it has been a victim of a sector wide sell-off.  Favourable management team and some of the best assets in the space.  6-8% dividend growth and in 2017/8 he thinks the space may consolidate and they would be a good takeout candidate.


Price: $69.700
Subject: INDUSTRIALS, UTILITIES and ENERGY INFRASTRUCTURE
Bias: OPTIMISTIC
Owned: Unknown
2014-12-15 TOP PICK MacQuarie Infrastructure LLC
MIC-N
Gajan Kulasingam

A favourite name.  There is significant value here.  They bought out their bulk liquids business from a partner.  6% dividend yield that will grow.


Price: $63.780
Subject: INDUSTRIALS, UTILITIES and ENERGY INFRASTRUCTURE
Bias: OPTIMISTIC
Owned: Yes
Showing 61 to 120 of 135,156 entries