stockchase picture

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

Recent Opinions

Print
Date Signal Company Expert Opinion Price
2015-06-29 COMMENT A Comment -- General Comments From an Expert
A Commentary
Richard Croft

Selling deep in the money Calls on high dividend stocks? This Reduces the cost of the stock to the point where the dividends actually looks very attractive. You are getting a 6.5% yield, whereas if you bought the stock in the market and didn’t Sell the Call, you would get whatever the normal yield would be. The problem is that when you have a “deep in the money” Call, very often you will find that they get assigned early. If you write an option that is a year from now, each quarter when the dividend comes due, that option can go into a point where it has no time value. That option will often get exercised and the other person will take the dividend. Arbitrageurs do that all the time.


Price: $0.020
Subject: OPTION STRATEGIES & E.T.F.S
Bias: OPTIMISTIC
Owned: Unknown
2015-06-29 DON'T BUY Alaris Royalty
AD-T
Michael Simpson, CFA

It is a conglomerate.  It has a portfolio of investments.  When you have this type of company, you have to have extreme confidence in management.  He can’t look at the balance sheets of all their investments so he won’t invest in them.


Price: $30.300
Subject: NORTH AMERICAN DIVIDENDS
Bias: SELECTIVE
Owned: No
2015-06-29 COMMENT Altagas Ltd
ALA-T
Michael Simpson, CFA

The payout is about 45% of cash flow.  They recently raised their dividend about 9% and he feels this is sustainable.  Growth projects coming in will allow them to grow their dividend going forward.


Price: $38.200
Subject: NORTH AMERICAN DIVIDENDS
Bias: SELECTIVE
Owned: Yes
2015-06-29 PAST TOP PICK Aecon Group Inc
ARE-T
Michael Simpson, CFA

(Top Pick Feb 14/15, Down 16.32%) There were perceptions about declining infrastructure spending.  They sold an airport in Ecuador.  They have won a number of contracts.  It is a construction business with infrastructure tied to it.  There was fear they would be impacted by the oil sector.


Price: $12.590
Subject: NORTH AMERICAN DIVIDENDS
Bias: SELECTIVE
Owned: Yes
2015-06-29 COMMENT Arc Resources Ltd
ARX-T
Michael Simpson, CFA

A producer in the energy industry.  An ENP producer.  They have hedges in place.  The payout is slightly over 100% in this environment.  Steady dividend growth.


Price: $21.180
Subject: NORTH AMERICAN DIVIDENDS
Bias: SELECTIVE
Owned: Unknown
2015-06-29 PAST TOP PICK Bank of America
BAC-N
Richard Croft

(A Top Pick May 13/15. Up 10.71%.) January (2017) 17 Call. A rising interest rate environment is good for banks. This one is fairly leveraged to residential mortgages. Thinks they have tremendous earning power, and once that starts to turn, it is going to be a pretty dramatic move. He can see $20 on the stock. Would probably sell half his position if it doubled.


Price: $16.890
Subject: OPTION STRATEGIES & E.T.F.S
Bias: OPTIMISTIC
Owned: Unknown
2015-06-29 COMMENT BCE Inc.
BCE-T
Richard Croft

Buying a $60 Jan/17 Call for $1 and Selling a $40 Put? This is a great high dividend paying stock. It is in a mature industry and is a mature company. They have increased their dividends about 9 times in the last 5 years. The Call options are relatively cheap because it is a high dividend paying company. He is not sure that he sees huge growth in the company. By Buying a Call and Selling a Put, what you have actually done is synthetically created a position on the company, so it is going to act pretty much the same as the company stock, up or down. To trade options on this company, he would be writing Puts closer to where the stock’s price is now, may be a $55 Put. If you really think there is a lot of opportunity on the upside, which he doesn’t really think so, you can stay with the $60 Call. He would close out the Put and Sell another Put at the money.


Price: $52.980
Subject: OPTION STRATEGIES & E.T.F.S
Bias: OPTIMISTIC
Owned: Unknown
2015-06-29 BUY Bank of Montreal
BMO-T
Michael Simpson, CFA

A well run bank.  Gaining share in Canada.  They have a presence in the US Midwest.  He has TD-T and CM-T.  As long as we don’t have a lot more loan losses coming out of the west, the next two quarters should be good.


Price: $74.130
Subject: NORTH AMERICAN DIVIDENDS
Bias: SELECTIVE
Owned: Unknown
2015-06-29 COMMENT Bank of Montreal
BMO-T
Richard Croft

Sell Puts and Sell a Covered Call 6 months out? This is a very common strategy. What the sale of a Put does is to obligate the investor to Buy the shares of the stock. For example, let’s assume a stock is selling at $75 as share and you sell a $74 Put. You are simply agreeing to buy the stock at $74. That is no different than putting in a limit order. The difference here is that you get paid a premium to wait. People get into trouble with this strategy when they don’t have enough funds to buy all of the stocks that they write Puts on. It is the leverage that causes the problem on the strategy, and nothing more. Nothing wrong with the strategy.


Price: $74.130
Subject: OPTION STRATEGIES & E.T.F.S
Bias: OPTIMISTIC
Owned: Unknown
2015-06-29 PAST TOP PICK Chemtrade Logisitics Inc.
CHE.UN-T
Michael Simpson, CFA

(Top Pick Feb 14/15, Up 2.60%) It has been a tough market.  It is a very stable business.  They will continue to do tuck-in acquisitions.  6% yield.


Price: $20.240
Subject: NORTH AMERICAN DIVIDENDS
Bias: SELECTIVE
Owned: Yes
2015-06-29 TOP PICK Cargojet Inc
CJT-T
Michael Simpson, CFA

The number one air cargo provider in Canada.  They do a great job of moving packages and goods every night.  Large contracts with Canada Post and UPS.  Their business is more contractual rather than spot and when investors recognize this they will do well.


Price: $26.600
Subject: NORTH AMERICAN DIVIDENDS
Bias: SELECTIVE
Owned: Yes
2015-06-29 TOP PICK Canadian Natural Rsrcs
CNQ-T
Richard Croft

Covered Call. This company is a choppier oil company in the energy sector and has very high premiums. The stock was $34 today. You write the $34 Call and you pick up over $3 for January. A seven-month return is about 8.86%, not counting dividends. If it rises, you are not going to get the upside, but you are going to get the 8.86% over 7 months. If it declines, you have production all the way down to $31 a share, and he would simply write another Call in January.


Price: $33.760
Subject: OPTION STRATEGIES & E.T.F.S
Bias: OPTIMISTIC
Owned: No
2015-06-29 BUY on WEAKNESS Canadian National R.R.
CNR-T
Michael Simpson, CFA

A buying opportunity.  There are about 6 or 7 railroads in North America.  The intermodal business has been a little weak.  A well run company with incredible dividend growth over the years.  It is safe and will continue to grow.  The stock is off because the business is soft in a couple of categories.  He just looks at it as a buying opportunity. 


Price: $71.550
Subject: NORTH AMERICAN DIVIDENDS
Bias: SELECTIVE
Owned: Yes
2015-06-29 BUY on WEAKNESS Crescent Point Energy Corp
CPG-T
Larry Berman CFA, CMT, CTA

The December low is going to hold.  He wants to be accumulating for the next 10 percent lower.  Beyond the noise of today, this is a buying opportunity for today.


Price: $25.500
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Unknown
2015-06-29 TOP PICK Discovery Communications Inc
DISCB-Q
Michael Simpson, CFA

European broad pass for all forms of Olympic coverage.  3 billion subscribers in 20 countries.  No dividend, but they could pay one.  It could even get acquired.  Investors are concerned about US advertising.  They have upcoming negotiations with Comcast.  He thinks they will secure rights for many forms of distribution.


Price: $33.960
Subject: NORTH AMERICAN DIVIDENDS
Bias: SELECTIVE
Owned: Yes
2015-06-29 BUY on WEAKNESS Medical Facilities Corp.
DR-T
Michael Simpson, CFA

Hospitals in the US.  As investors wanted to shift from energy.  This is well managed and well run.  These facilities have been grandfathered from Obama care.  If there was more pullback he might enter.  7.4% yield.


Price: $15.020
Subject: NORTH AMERICAN DIVIDENDS
Bias: SELECTIVE
Owned: No
2015-06-29 PAST TOP PICK Wisdom Tree Japan Hedged Equity
DXJ-N
Richard Croft

(A Top Pick May 13/15. Up .04%.) Had thought 2015 would be a consolidation year in the markets and expects we will be in the malaise through to the end of the year. Also, thought the areas of the world, where they were doing a lot of stimulus, would probably play catch-up. Earnings are probably going to be pretty good in the 2nd half of the year, but the problem is you are going to have a weaker currency.


Price: $56.970
Subject: OPTION STRATEGIES & E.T.F.S
Bias: OPTIMISTIC
Owned: Yes
2015-06-29 BUY Element Financial
EFN-T
Michael Simpson, CFA

Struck the deal with GE’s fleet business.  He does not own because he wanted to see what they were going to buy.  It should be 20% accretive and should bode well for the stock going forward.  He feels they will de-lever the balance sheet as the cash starts to come in.


Price: $19.190
Subject: NORTH AMERICAN DIVIDENDS
Bias: SELECTIVE
Owned: No
2015-06-29 DON'T BUY Goldcorp Inc
G-T
Michael Simpson, CFA

Assets around the world.  He is concerned about where gold is headed.  If he was looking to invest in gold, this would be a name he would go into.


Price: $20.280
Subject: NORTH AMERICAN DIVIDENDS
Bias: SELECTIVE
Owned: No
2015-06-29 WEAK BUY Gibson Energy
GEI-T
Michael Simpson, CFA

It has many divisions.  They have a refinery, energy storage and transportation.  They also have an environmental business.  5.6% dividend.


Price: $22.890
Subject: NORTH AMERICAN DIVIDENDS
Bias: SELECTIVE
Owned: Yes
2015-06-29 COMMENT PureFunds ISE Cyber Security ETF
HACK-N
Richard Croft

If you are marketing an ETF to the public, one of the great things you want to do is to play off of something that is in the news. This is a very narrow focus on a sector that is in the news. It is a higher risk on a very small segment of the market. He would prefer buying some of the companies rather than the ETF such as Palo Alto Networks (PANW-N) or CyberArk Software (CYBR-Q).


Price: $30.930
Subject: OPTION STRATEGIES & E.T.F.S
Bias: OPTIMISTIC
Owned: Unknown
2015-06-29 PAST TOP PICK Wisdomtree International Hedged Equity Fund
HEDJ-N
Richard Croft

(A Top Pick May 13/15. Down 2.58%.) He likes this very much. Had thought 2015 would be a consolidation year in the markets, and expects we will be in the malaise through to the end of the year. Also, thought the areas of the world, where they were doing a lot of stimulus, would probably play catch-up. Earnings are probably going to be pretty good in the 2nd half of the year, but the problem is you are going to have a weaker currency.


Price: $61.580
Subject: OPTION STRATEGIES & E.T.F.S
Bias: OPTIMISTIC
Owned: Yes
2015-06-29 COMMENT HAP Enhanced Income Equity ETF
HEX-T
Richard Croft

He is not exactly sure what they are doing in this. Assumes it is a covered call fund and they are selling Covered Calls against a basket of equities that likely matchup with the TSX 60. His issue is that their prospectus basically says they are going to write covered calls against all of the stocks, all of the positions. If so, this puts the manager into an impossible position. If the stock rises, you are losing it. If it declines, you are writing a Call on a lower price, and you are never going to be able to get back to where you were. When you have a basket of stocks, you are compounding the effect.


Price: $6.680
Subject: OPTION STRATEGIES & E.T.F.S
Bias: OPTIMISTIC
Owned: Unknown
2015-06-29 SELL HBP S&P 500 VIX Short Term Future Bull+
HVU-T
Richard Croft

Thinks volatility is going to abate probably tomorrow. These are very short term and are usually traded intraday. If you wanted to be aggressive, he would look at buying a Call on Wisdomtree International Hedged Equity Fund (HEDJ-N). Or you could Buy Calls on Bank of America (BAC-N).


Price: $4.960
Subject: OPTION STRATEGIES & E.T.F.S
Bias: OPTIMISTIC
Owned: Unknown
2015-06-29 COMMENT iShares DJ Home Construction ETF
ITB-N
Richard Croft

An ETF that takes advantage of US housing starts and/or home renovations? One would be this or SPDR Homebuilders (XHB-N) as a pure play on homebuilders. Not a bad place to be and you could do very well in the next 2-3 years.


Price: $27.430
Subject: OPTION STRATEGIES & E.T.F.S
Bias: OPTIMISTIC
Owned: Unknown
2015-06-29 DON'T BUY Lightstream Resources
LTS-T
Larry Berman CFA, CMT, CTA

The short term risk is to the downside with the whole sector.  You want to be buying into the sector on pullbacks, however.  He tunes it out when a stock is in the $1 range.  It means there are some kind of problems.  It is down 90%.


Price: $0.930
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Unknown
2015-06-29 BUY Manulife Financial
MFC-T
Michael Simpson, CFA

A very established insurer.  They should get some strong growth from Asia where they have been for decades.  They have a dominant position here as well.  A good long term buy.  He would add to it with today’s drop.


Price: $23.140
Subject: NORTH AMERICAN DIVIDENDS
Bias: SELECTIVE
Owned: Yes
2015-06-29 TOP PICK Magna Int'l. (A)
MG-T
Michael Simpson, CFA

Good exposure in Europe.  10 times earnings and 6 times cash flow.  22%, 5 year dividend growth rate.  Well managed company and more room for them to add content to car manufacturers.  Thinks we are in the 5th inning of the auto cycle.


Price: $68.930
Subject: NORTH AMERICAN DIVIDENDS
Bias: SELECTIVE
Owned: Yes
2015-06-29 DON'T BUY Noranda Income Fund
NIF.UN-T
Michael Simpson, CFA

Zinc processing facility in Quebec. Some of their mines are depleting.  Getting zinc from further away makes the plant less attractive.


Price: $3.190
Subject: NORTH AMERICAN DIVIDENDS
Bias: SELECTIVE
Owned: Unknown
2015-06-29 COMMENT Potash Corp of Saskatchewan
POT-T
Michael Simpson, CFA

They made a bid for KNS.  They have the balance sheet and cash flow to sustain the dividend.  Even if Potash prices stay here they will be able to sustain it. However, if they take on more debt for the acquisition, then he would be more concerned.  He has AGU-T.


Price: $38.320
Subject: NORTH AMERICAN DIVIDENDS
Bias: SELECTIVE
Owned: No
2015-06-29 BUY on WEAKNESS RioCan Real Estate Investment
REI.UN-T
Michael Simpson, CFA

One of the largest REITs in Canada.  The big news was that Target declared bankruptcy.  The master leases were with Target’s parent in the US.  There is also concern about interest rates.  With the weak Q1 in Canada, he does not think rates will rise here.


Price: $26.350
Subject: NORTH AMERICAN DIVIDENDS
Bias: SELECTIVE
Owned: Yes
2015-06-29 WATCH Surge Energy Inc
SGY-T
Michael Simpson, CFA

Grew rapidly by acquisition.  He has it on his radar screen.  He wants to see how things develop with the new CFO and what happens to the commodity price.


Price: $3.560
Subject: NORTH AMERICAN DIVIDENDS
Bias: SELECTIVE
Owned: No
2015-06-29 PAST TOP PICK Schlumberger Ltd.
SLB-N
Michael Simpson, CFA

(Top Pick Feb 14/15, Down 2.39%) Sold most of it because of oil companies’ capital budgets.  He trimmed most of these holdings in the fall.


Price: $85.660
Subject: NORTH AMERICAN DIVIDENDS
Bias: SELECTIVE
Owned: Yes
2015-06-29 DON'T BUY Silver Wheaton
SLW-T
Larry Berman CFA, CMT, CTA

1 in 4 times the numbers do not work for this seasonal play.  When you get into a narrow trading range you would look for a volatility explosion.


Price: $21.620
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Unknown
2015-06-29 DON'T BUY Student Transport of America Ltd.
STB-T
Michael Simpson, CFA

9.6% dividend.  An old income trust.  Student transportation in the US and Canada.  Payout ratio is about 90% so a bit high.  You have to win contracts and you have to invest in new buses.


Price: $5.460
Subject: NORTH AMERICAN DIVIDENDS
Bias: SELECTIVE
Owned: Unknown
2015-06-29 COMMENT Suncor Energy Inc
SU-T
Richard Croft

Has been writing Covered Calls against most of the oil companies he owns. Likes this as a strategy because if oil companies are doing well, very often the economy is not doing so well. Oil companies tend to be in the top quartile, or certainly in the top half, i.e. higher volatility stocks. He is writing covered calls into December of this year.


Price: $33.790
Subject: OPTION STRATEGIES & E.T.F.S
Bias: OPTIMISTIC
Owned: Unknown
2015-06-29 DON'T BUY VelocityShares 3x Long Natural Gas
UGAZ-N
Larry Berman CFA, CMT, CTA

A triple leverage on Nat Gas to the upside.  You are trading the front month futures in these leveraged natural gas ETFs.  These are not good for long term holds.  There is not a lot of steepness in the gas price futures curve.  Hurricane activity is likely to be high this fall and that could disrupt supply.  Investors need to be cautious with triple levered ETFs.


Price: $2.090
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Unknown
2015-06-29 BUY on WEAKNESS Visa Inc.
V-N
Larry Berman CFA, CMT, CTA

He has been a long term bull on V-N and MA-N.  Like the Dow, it has been struggling all year.  The risk for the next couple of months is to the downside.  You want to be a buyer in the low $60s on market pullbacks.


Price: $66.720
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Unknown
2015-06-29 DON'T BUY Valeant Pharmaceuticals
VRX-T
Michael Simpson, CFA

Has grown rapidly through acquisition.  They know all the ways to reduce costs in large organizations.  Debt levels are too high.  No dividend.


Price: $272.860
Subject: NORTH AMERICAN DIVIDENDS
Bias: SELECTIVE
Owned: No
2015-06-29 PARTIAL BUY Wal-Mart Stores Inc.
WMT-N
Larry Berman CFA, CMT, CTA

It has a lot of margin pressures and is raising wages.  They are putting the screws to their suppliers.  The $70 area is the next support and then the next one is in the $50s.  He could see a breakdown next year.  Only get a half position if you like the company long term.


Price: $71.420
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Unknown
2015-06-29 COMMENT SPDR HOMEBUILDERS E.T.F.
XHB-N
Richard Croft

An ETF that takes advantage of US housing starts and/or home renovations? One would be iShares DJ Home Construction (ITB-N), or this one as a pure play on homebuilders. Not a bad place to be and you could do very well in the next 2-3 years.


Price: $36.490
Subject: OPTION STRATEGIES & E.T.F.S
Bias: OPTIMISTIC
Owned: Unknown
2015-06-29 TOP PICK SPDR Health Care E.T.F.
XLV-N
Richard Croft

The healthcare sector should probably be one of your core sectors holdings and you can hold this for the long-term. It is a play on major US healthcare providers. There is going to be continued consolidation in the sector, because margins will be squeezed.


Price: $74.150
Subject: OPTION STRATEGIES & E.T.F.S
Bias: OPTIMISTIC
Owned: No
2015-06-29 COMMENT iShares S&P/TSX N.A. Preferred
XPF-T
Richard Croft

How will this react in a rising interest rate environment? Preferred shares act like bonds, so in a rising interest rate environment, the value of the preferreds will go down. This one is hedged to the Cdn$ which is why your performance is probably down because you have a big bang in the US$ and you haven’t taken advantage of that. However, iShares has changed the way they manage this, to the point where they got a little bit more flexibility in the types of preferreds they hold. They are able to hold and buy reset preferreds. If you own resets in a higher interest rate environment, in theory it shouldn’t be as volatile.


Price: $18.650
Subject: OPTION STRATEGIES & E.T.F.S
Bias: OPTIMISTIC
Owned: Unknown
2015-06-29 TOP PICK BMO Equal Weight US Banks ETF
ZBK-T
Richard Croft

Not hedged, but you could use BMO Equal Weight US Banks Hedged to CAD (ZUB-T). This is your choice. The thesis is that as interest rates start humping up, you want to be in the banking sector as their margins will improve. As margins improve, credit quality gets better. Thinks the economy is stronger than a lot of people think, and that the banks are going to lead that.


Price: $18.680
Subject: OPTION STRATEGIES & E.T.F.S
Bias: OPTIMISTIC
Owned: No
2015-06-29 COMMENT BMO International Dividend
ZDI-T
Richard Croft

Allocation of 15% of a portfolio in dividend paying stocks in developed countries outside of North America? If you are putting 15% of your money diversified geographically, outside of North America, this is fine. With this amount, he would presume you are a growth investor. The fact that you are buying an ETF of essentially dividend stocks, leads him to think that you like the income. Because of this, he is not sure he would go as high as 15%. He would go around 10%.


Price: $20.770
Subject: OPTION STRATEGIES & E.T.F.S
Bias: OPTIMISTIC
Owned: Unknown
2015-06-29 COMMENT BMO Low Volatility US Equity ETF
ZLU-T
Richard Croft

Low volatility stocks have not done as well as some of the higher volatility stocks, which would typically be your momentum plays. Low volatility products have tended to underperform, which may continue for awhile. Until we get higher rates and more volatility that is when you want to be in this type of product.


Price: $24.550
Subject: OPTION STRATEGIES & E.T.F.S
Bias: OPTIMISTIC
Owned: Unknown
2015-06-29 COMMENT BMO Covered Call Cdn Banks ETF
ZWB-T
Richard Croft

This owns a basket of Canadian banks. If you are comfortable on a long-term basis of holding banks, which he is, this is one that you could actually buy and forget about it. You are getting a monthly distribution which is coming in 2 forms of partly dividends and partly capital gains. About a 6.5%-7% yield. A great hold.


Price: $16.180
Subject: OPTION STRATEGIES & E.T.F.S
Bias: OPTIMISTIC
Owned: Unknown
2015-06-29 COMMENT BMO US High Dividend Covered Call ETF
ZWH-T
Richard Croft

This is a basket of dividend paying equities. They have covered calls written against them. What BMO does with most of their funds, which he assumes they are doing with this one, is that they don’t write covered calls against the whole portfolio, which is a positive. This gives the portfolio an opportunity to recover. You are going to get a US monthly pay. There is nothing wrong with this. A good play.


Price: $17.620
Subject: OPTION STRATEGIES & E.T.F.S
Bias: OPTIMISTIC
Owned: Unknown
2015-06-26 COMMENT A Comment -- General Comments From an Expert
A Commentary
Brent Cook

Mining. We are getting closer to the end of the bust in the sector. We went through a 10+ year super bull market in commodities and a lot of excesses were built up with excess money being thrown in and it was time to start getting rid of that. Thinks we are nearing the end now, but we’ll still be dragged along for a while. The mining cycle has always been boom and bust. When we come out, it will look even better. The sector is down 50%-80%, depending on which index you look at. Because of this, things are a lot cheaper, but that doesn’t mean everything is worth buying. There are a few good projects and companies out there worth buying. He is focusing on identifying very competent people that understand what a real economic project looks like early on, and trying to get in with those groups on the discovery/pre-discovery stage. We are producing more metal than what we are finding and it is taking so much longer to find these projects and they are so much more expensive to bring them into production.


Price: $0.020
Subject: JUNIOR EXPLORATION
Bias: BEARISH
Owned: _N/A
2015-06-26 N/A A Comment -- General Comments From an Expert
A Commentary
David Cockfield

Markets.  We are in a holding pattern until we get this whole Greek business settled.  He does not feel it is all that critical anyway.  70% of the Greeks want to stay in the Union.  He thinks there will be a draft agreement that will kick the can down the road.  Numbers on the US housing side are getting back to a more normal level.  There should be a backlog of demand for housing.  Unemployment is down and wages are up so we are on a roll.  Recently it looks like US consumers are spending some of that savings on gasoline.  He is drifting to ETFs.  He favours certain sectors for ETF investing.


Price: $0.020
Subject: CANADIAN & ETF's
Bias: CAUTIOUSLY OPTIMISTIC
Owned: _N/A
2015-06-26 WATCH A Comment -- General Comments From an Expert
A Commentary
David Cockfield

REITs.  He is negative on REITs because he sees interest rates rising.  He would wait for the first rate increase by the FED and see what REITs do.  The real estate market on a longer term basis looks great.  A US hotel REIT may not be a bad investment.


Price: $0.020
Subject: CANADIAN & ETF's
Bias: CAUTIOUSLY OPTIMISTIC
Owned: No
2015-06-26 SELL A Comment -- General Comments From an Expert
A Commentary
David Cockfield

The great bull market in fixed income is over.  A lot of people did quite well sitting in fixed income mutual funds.  The only place you can go is equities.  He is not as keen on pipelines as he has been in the past as a replacement for fixed income. 


Price: $0.020
Subject: CANADIAN & ETF's
Bias: CAUTIOUSLY OPTIMISTIC
Owned: Unknown
2015-06-26 PAST TOP PICK Agrium
AGU-T
David Cockfield

(Top Pick Jul 2/14, Up 36.19%) It took a bit of a beating recently.  He wishes they had split the stock.  It is a well managed company.  They have a range of products and they are diversified globally.  The world is going to need this company to keep their crops growing.  It looks like a good year for the farmers.


Price: $128.440
Subject: CANADIAN & ETF's
Bias: CAUTIOUSLY OPTIMISTIC
Owned: Yes
2015-06-26 DON'T BUY Badger Daylighting
BAD-T
David Cockfield

He always liked it and sold it way too soon.  It is a well run company.  The problem is there is no way to patent their process so others have picked up the technology.  There is a lot more competition and it took the wind out of their sails.  That is going to put a cap on them.  The yield is not exciting and he doesn’t see them going anywhere.


Price: $27.140
Subject: CANADIAN & ETF's
Bias: CAUTIOUSLY OPTIMISTIC
Owned: No
2015-06-26 PAST TOP PICK BCE Inc.
BCE-T
David Cockfield

(Top Pick Jul 2/14, Up 18.12%) It’s almost like a fixed income.  The management is first rate.  They know what they are doing.  A 10-12% yield is a good objective going forward.  He expects another dividend increase soon.


Price: $54.220
Subject: CANADIAN & ETF's
Bias: CAUTIOUSLY OPTIMISTIC
Owned: Yes
2015-06-26 DON'T BUY Belo Sun Mining
BSX-T
Brent Cook

A large gold deposit in Brazil. Have redone the feasibility study, so it is a much smaller staged project. It has an $80 million market cap and will need to raise in excess of $300 million. That is the issue they are going to face. This is something that a major could buy. What they need to deal with right now is getting their final construction permit, which has been a hassle all along. Until they get it, he wouldn’t buy this.


Price: $0.230
Subject: JUNIOR EXPLORATION
Bias: BEARISH
Owned: No
2015-06-26 BUY B2Gold Corp.
BTO-T
Brent Cook

One of the few mid-tier gold producers that has got 2 high quality, high margin deposits coming on line. The 1st one is in Namibia and the 2nd is in Mali, which they are starting to bring in production now. Going forward, he thinks this represents one of the better mid-tier gold companies out there.


Price: $1.940
Subject: JUNIOR EXPLORATION
Bias: BEARISH
Owned: Yes
2015-06-26 DON'T BUY Cameco Corporation
CCO-T
David Cockfield

There appears to be some recovery going on in that sector.  CCO-T is going nowhere right now. He would want to see a lot more potential price increase in uranium.  It is too early.


Price: $17.940
Subject: CANADIAN & ETF's
Bias: CAUTIOUSLY OPTIMISTIC
Owned: No
2015-06-26 SPECULATIVE BUY Com Dev International Ltd.
CDV-T
David Cockfield

A small cap stock in a very specific area.  They keep getting contracts.  It is a little speculative because it is in a tricky area.  He would not hold it because it is just a little too small cap for him.  If you want a speculative hold this is a good pick.


Price: $5.880
Subject: CANADIAN & ETF's
Bias: CAUTIOUSLY OPTIMISTIC
Owned: Unknown
2015-06-26 COMMENT Columbus Gold Corp
CGT-X
Brent Cook

Have projects in Nevada and French Guiana. Until recently, French Guiana was a tough place to explore. However, the government has mapped out areas where you can mine open pit, areas where you can mine underground and areas where you cannot mine. That is a huge plus. Have a large deposit in French Guiana of about 4.5 million ounces at 1.4 g. The best thing is that they have a joint venture with Nordgold which has been pretty successful in West Africa. The deal is that Nordgold has to produce a feasibility study of at least $30 million to earn just over 50%. Because of this, this company is carried free all the way to that point, which is a fantastic deal for them. There should be a PEA coming out shortly which should give a better handle on what it looks like.


Price: $0.445
Subject: JUNIOR EXPLORATION
Bias: BEARISH
Owned: No
Showing 61 to 120 of 141,563 entries