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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
2017-06-27 COMMENT Algonquin Power & Utilities Corp
AQN-T
Ryan Bushell

Emera (EMA-T) Fortis (FTS-T) or Algonquin (AQN-T)? This is a space where there has been a lot of upward pressure this year, so it is very hard to find bargains. Of the larger utilities, he thinks Emera is the best price with the best dividend yield, so it would probably be his 1st choice.


Price: $14.130
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: Unknown
2017-06-27 HOLD BlackBerry
BB-T
Lyle Stein

This had been a great story, but had to reinvent itself, so your time frame is really important. John Chen decided to change this into a software company, and it is going in a totally different direction. The market liked that their software, particularly in the automobile sector, is widely used, and there are lots of applications for that great software. The problem is, they have to change the business. Their unit sales are not really profitable relative to the share price, so it trades at a valuation level that doesn’t make any sense. You buy this because you believe that their software will be in vehicles or something else, 5-10 years from now.


Price: $13.140
Subject: CANADIAN
Bias: UNKNOWN
Owned: No
2017-06-27 BUY on WEAKNESS BCE Inc.
BCE-T
Ryan Bushell

This space generally has been pretty positive. If this got down a little lower, moving the yield to over 5%, it would look like pretty good value. 4.8% dividend yield.


Price: $58.960
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: Unknown
2017-06-27 PAST TOP PICK Cineplex Inc
CGX-T
Lyle Stein

(A Top Pick July 5/16. Up 4.70%.) Pretty close to a monopoly in showing films in Canada. He is buying it, not so much for the films, but for the popcorn and the things happening outside of the films. A great name to hold for the long-term.


Price: $53.100
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2017-06-27 DON'T BUY Cardinal Energy Ltd
CJ-T
Ryan Bushell

They just did a deal where they acquired some conventional assets, and the deal hasn’t gone that well. Energy prices hasn’t helped them. Traditionally this has been a pretty conservative company but on the lower end of things. He would rather have half their yield in something that was a little bigger and a little more diversified. There is no use in trying to be a hero in picking some of these smaller companies. 9.4% dividend yield.


Price: $4.570
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: No
2017-06-27 COMMENT Corus Entertainment (B)
CJR.B-T
Ryan Bushell

This is basically in the harvesting business. They have a business model, there is cash flow, they are harvesting that cash flow and giving it to shareholders. The question is, how long will their business model remain viable, and what do they have to do to make the dividend sustainable. The high dividend indicates there is some risk. Traditional media is in a changing phase, and there are going to have to be some changes to make that dividend sustainable. 8.57% dividend yield.


Price: $13.700
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: Unknown
2017-06-27 BUY Canadian Imperial Bank of Commerce
CM-T
Lyle Stein

This has not done well now that the new acquisition of Private Bank Corp has gone through. To him this is the most interesting bank, simply because it is down the most in context to where it was relative to their $120 high. What we are seeing right now is the backflow of US holders of Private Bank Corp questioning what is this “CIBC” thing, with a natural inclination to Sell. That is actually a very good time to look at a stock. He would put new money into this today.


Price: $104.980
Subject: CANADIAN
Bias: UNKNOWN
Owned: Unknown
2017-06-27 COMMENT Canadian National R.R.
CNR-T
Ryan Bushell

One of the lowest dividend yields that he holds at 1.5%. Likes the company long term, but it is pretty rich at these prices. The dividend has been growing at mid-teens over the last 5 years. This company has great prospects ahead of it. He has been trimming his holdings recently. He would like to see the dividend at 2% before accumulating more.


Price: $106.780
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: Yes
2017-06-27 COMMENT Crescent Point Energy Corp
CPG-T
Ryan Bushell

Has owned this for quite some time. Feels the assets are good. They have both depth and quality of inventory. The company is very conservative with hedging and have been relatively disciplined with their balance sheet. At these levels, he feels the dividend is pretty sustainable. He has some concerns and is hoping to see some management reorganizations, which would be positive for the stock in general.


Price: $10.070
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: Yes
2017-06-27 DON'T BUY Cenovus Energy
CVE-T
Lyle Stein

This has been particularly hit with the acquisition they made, which they had funded with debt, and now have to figure out what to do with the assets they have to sell. As crude prices come down, the value of the assets they had hoped to sell, isn’t what it used to be. Be wary of companies that have too much debt. There are a lot better plays in the oil patch with a relative higher risk/reward.


Price: $9.550
Subject: CANADIAN
Bias: UNKNOWN
Owned: No
2017-06-27 TOP PICK CVS Health Corp
CVS-N
Lyle Stein

A play on demographics. It’s a cheap stock, trading at 13X next year’s earnings. A free cash generator. A great way to get diversification in a kind of sector we don’t have in Canada. Dividend yield of 2.5%. (Analysts’ price target is $88.00.)


Price: $80.490
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2017-06-27 COMMENT Emera Inc
EMA-T
Ryan Bushell

Emera (EMA-T) Fortis (FTS-T) or Algonquin (AQN-T)? A space where there has been a lot of upward pressure this year, so it is very hard to find bargains. Of the larger utilities, he thinks this has the best price. It has been in more of a holding pattern and the dividend yield is a bit higher, so is the one he would probably look at.


Price: $48.800
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: Unknown
2017-06-27 COMMENT Enbridge
ENB-T
Lyle Stein

An RESP for a 1-year-old? He would recommend this. A great kind of name for a 20-year investment, who will need the money in 18 years when they go off to school. This company pays a wonderful dividend of 4.7%.


Price: $52.750
Subject: CANADIAN
Bias: UNKNOWN
Owned: Unknown
2017-06-27 TOP PICK Enbridge
ENB-T
Ryan Bushell

This stock hasn’t performed this year. About a week ago it got down to about a 5% yield. They did the Spectra acquisition and increased the dividend on the back of that, so it is about a 15% dividend increase year to date. Dividend guidance going forward to 2024 is 10% to 12%. Dividend yield of 4.7%. (Analysts’ price target is $62.)


Price: $52.750
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: Yes
2017-06-27 PAST TOP PICK Equitable Group
EQB-T
Lyle Stein

(A Top Pick July 5/16. Up 14.74%.) The whole alternative lending sector took big tumbles on the Home Capital (HCG-T) situation. This is in a much better shape in this group.


Price: $60.950
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2017-06-27 COMMENT Fairfax Financial
FFH-T
Ryan Bushell

He stays away from the stocks where there is a larger than life type of figure heading them, especially when it is an asset manager. A little bit too black box complex to understand. Dividend yield of 2.3%.


Price: $553.420
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: No
2017-06-27 PAST TOP PICK Freehold Royalties
FRU-T
Ryan Bushell

(A Top Pick July 25/16. Up 16.39%.) He was happy to see them increase their dividend this year. It still trades at a big discount to PrairieSky (PSK-T) even though their operating metrics are in line. A good, low risk way to play an oil/gas recovery, and get paid while you wait.


Price: $12.830
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: Yes
2017-06-27 COMMENT Fortis Inc.
FTS-T
Lyle Stein

Because this has had a steady increase in their dividend year after year, the stock has been climbing. As interest rates go down, stocks go up. One of the premier electric utilities to own. Dividend yield of 3.4%.


Price: $46.530
Subject: CANADIAN
Bias: UNKNOWN
Owned: No
2017-06-27 COMMENT Fortis Inc.
FTS-T
Ryan Bushell

Emera (EMA-T) Fortis (FTS-T) or Algonquin (AQN-T)? A space where there has been a lot of upward pressure this year, so it is very hard to find bargains. Of the larger utilities, he thinks Emera is the best price and has the best dividend yield, so is the one he would probably look at. Fortis is his largest position.


Price: $46.530
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: Yes
2017-06-27 BUY Hudbay Minerals Inc.
HBM-T
Lyle Stein

This, like all material stocks, has been punished as the world has been concerned about a Chinese slow down. Zinc is looking really, really interesting as inventories are hitting 7-10 year lows. Copper is going to get tight as we go into 2020. You have to have a timeframe that is 10 years, as you have to get a cycle. Has a good balance sheet.


Price: $7.370
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2017-06-27 DON'T BUY Home Capital Group
HCG-T
Lyle Stein

Warren Buffett’s announcement came out and the stock rallied, which he contributed to Short rallying. Now the question comes down to valuation. This company has a BV of about $19, and currently seems to be settling down below that. He is not interested in the stock at this price.


Price: $16.220
Subject: CANADIAN
Bias: UNKNOWN
Owned: No
2017-06-27 COMMENT Horizon's Medical Marijuana
HMMJ-T
Lyle Stein

Something he is not looking at closely. The rise in marijuana stocks is new, and reminds him a lot of the rise of some of the emerging technology stocks back in 1999. It may pay off well, but the industry is so uncertain at this point. The rules on marijuana have yet to be put in place. This is a trader’s vehicle, not necessarily an investor’s vehicle. Not an area he would be investing in.


Price: $8.570
Subject: CANADIAN
Bias: UNKNOWN
Owned: No
2017-06-27 COMMENT Inter Pipeline
IPL-T
Lyle Stein

This has suffered along with the decline in oil price. It is much more directly related to energy prices. Has a good yield, which he thinks is safe and stable. At these prices, this is looking more and more attractive. 6.5% dividend yield.


Price: $25.170
Subject: CANADIAN
Bias: UNKNOWN
Owned: No
2017-06-27 COMMENT Inter Pipeline
IPL-T
Ryan Bushell

A strong company and the dividend is very stable and growing, at a slower rate. The company is doing good things. They have a lot of the oil sands growth, but that growth has taken a significant downshift in the current price environment. (See Top Picks.)


Price: $25.170
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: No
2017-06-27 PAST TOP PICK Manulife Financial
MFC-T
Ryan Bushell

(A Top Pick July 25/16. Up 35.38%.) He is seeing more short-term opportunities in long-term stocks because of some sort of sideways event going on in the market.


Price: $23.710
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: Yes
2017-06-27 COMMENT Magna Int'l. (A)
MG-T
Lyle Stein

Auto sales have gone up, up, up and have peaked at around 17.5-18 million vehicles. This is cheap, because it is selling all the products to a world of 17.5 million vehicles. The question is, what is 2018, and more importantly 2019-2020 going to look like. This could then be followed by vehicles driven by robots. His view is that manufacturing will probably go below 17 million vehicles in 12-18 months.


Price: $58.870
Subject: CANADIAN
Bias: UNKNOWN
Owned: No
2017-06-27 HOLD New Flyer Industries Inc.
NFI-T
Lyle Stein

He likes what they are doing, and how the North American fleet is expanding, and how they are participating. The basic business model makes sense.


Price: $54.680
Subject: CANADIAN
Bias: UNKNOWN
Owned: Unknown
2017-06-27 PARTIAL SELL New Flyer Industries Inc.
NFI-T
Ryan Bushell

This has had a great run. They’ve had a lot of great contract awards recently and there seems to be no slowing down on demand for buses. A lot of the good news has already been priced in, and they won’t necessarily have that much more good news going forward. If you’ve own it and have made a good profit, he would consider taking some profits and maybe hold a smaller position.


Price: $54.680
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: No
2017-06-27 TOP PICK Northland Power Inc
NPI-T
Lyle Stein

Big wind generator in the North Sea. He likes the assets. It started as an alternative energy provider in Ontario and then spread across Canada, followed by a big foray into Europe about 10 years ago. This is now starting to pay off big time. Their 1st wind plant, Gemini, is now generating cash. Nordsee will be generating cash by the end of this year. Just announced a 3rd offshore wind plant that will be coming on in a couple of years. Dividend yield of 4.6%. (Analysts’ price target is $26.50.)


Price: $23.320
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2017-06-27 COMMENT Northland Power Inc
NPI-T
Ryan Bushell

This seems to have dragged on in the $23 level, and the longer it drags on, the less likely it is that someone takes them out. The company has great assets and great cash flow, so if it doesn’t get taken out, you are probably looking at a significant dividend increase. He took about half his money off the table. If it dropped to the low $20s or the high teens, he would look to add to his position to get back to his previous weighting.


Price: $23.320
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: Yes
2017-06-27 WATCH Open Text
OTEX-T
Ryan Bushell

Their acquisitions are going to take some time to consolidate and chew on, to get the synergies out and start moving the company forward again. He likes their business model. This is probably presenting an opportunity, but at the same time, that flow of funds has really gone out of resource stocks in Canada, and into anything but. He would be cautious and continue to watch it from here.


Price: $41.240
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: No
2017-06-27 HOLD Peyto Exploration & Develop.
PEY-T
Lyle Stein

Canadian gas has not been the most popular place to be, but this has been one of the great gas plays. When gas comes into favour, this company moves. The gas story is not as dead as the market makes it out. The US is now an exporter of gas, which is a big change. The petrochemical industry in the Houston area is a huge consumer of gas, and will be because they are building plants left, right and centre. Mexico is getting gas exports from the US. Even Canada is getting some. The market is changing, and at some point, the favourable sentiment will change to the gas industry.


Price: $23.740
Subject: CANADIAN
Bias: UNKNOWN
Owned: Unknown
2017-06-27 COMMENT Power Financial Corp
PWF-T
Ryan Bushell

Their key assets are Investors Group and Great West life, so if interest rates were to move up that would impact the stock positively. This is not his favourite in the space. At current levels, Sun Life (SLF-T) looks much more attractive, and has a better dividend yield and better prospects. The dividend is sustainable and should grow in the mid to low single digits.


Price: $33.380
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: No
2017-06-27 COMMENT RioCan Real Estate Investment
REI.UN-T
Ryan Bushell

Doesn’t own the large REITs, usually because his clients are over indexed to real estate as it is. He doesn’t want a broad exposure of the Canadian retail marketplace. This is just not a very exciting place to be.


Price: $24.160
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: No
2017-06-27 COMMENT Russel Metals
RUS-T
Ryan Bushell

This provides steel to both energy services industry as well as mid-and small type manufacturing firms. That has been going well. They are seeing some infrastructure demand in Ontario and Québec and energy demand in the West has stabilized and started to pick up. Located both in Canada and the US. Dividend yield of 6%.


Price: $26.610
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: Yes
2017-06-27 COMMENT Transalta Corp
TA-T
Lyle Stein

You buy this because of its assets and the ability of those assets to generate cash flow. Feels the Alberta electric generation market is still subject to a lot of question marks. He would rather own wind power in Europe.


Price: $8.010
Subject: CANADIAN
Bias: UNKNOWN
Owned: Unknown
2017-06-27 TOP PICK Toronto Dominion
TD-T
Ryan Bushell

Banks are trading at 11 to 13 times earnings, which has been their historical range, while grocers are trading at 17 to 18 times earnings. He can’t figure out why the grocery business warrants a 5-point multiple over the banking business given the regulatory structure and the difference in dividend yields. Dividend yield of 3.7%. (Analysts’ price target is $71.)


Price: $65.260
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: Yes
2017-06-27 TOP PICK Teck Resources Ltd. (B)
TECK.B-T
Lyle Stein

This has met coal, copper, zinc and oil. People are forgetting the zinc story. Zinc is really, really tight and is just starting out to see a run. 3 years out, copper is going to be very tight. Met coal is $140, and their costs are $90. Dividend yield of 1%. (Analysts’ price target is $37.)


Price: $21.760
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2017-06-27 TOP PICK Vermilion Energy Inc
VET-T
Ryan Bushell

A 6% dividend yield on the stock. They didn’t cut their dividend when they converted from an income trust, and didn’t cut it in the downturn of 2015. The dividend is well supported. A diversified asset base, largely in Europe, Australia and a project in Ireland as well as some in Western Canada and Western US. Good disciplined management team. A good allocator of capital. (Analysts’ price target is $58.50.)


Price: $42.050
Subject: CANADIAN DIVIDEND
Bias: UNKNOWN
Owned: Yes
2017-06-26 N/A A Comment -- General Comments From an Expert
A Commentary
Larry Berman CFA, CMT, CTA

Markets.  An Italian bank is purchasing for one Euro two Italian regional lenders that were being bailed out, and are now being wound up.  This is the continuation of ‘too big to fail’.  The government is not doing a good enough job of regulating the banks there.  This is going to be troubling for decades to come.  If interest rates go up marginally, you see purchasing coming down.  At the end of the day, fixed income is a safe place to put your money.  There are doubts that Trump can ever cut corporate tax rates all the way to 15%.  This will affect small cap US stocks, which would have benefited tremendously from a big tax cut.  That makes the Russell 2000 index the most expensive in the world, so he is short that index. 


Price: $0.020
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: _N/A
2017-06-26 N/A A Comment -- General Comments From an Expert
A Commentary
Larry Berman CFA, CMT, CTA

Educational Segment.  Robots.  A lot of boring jobs were replaced by computers and so a lot of jobs have gone away.  Amazon is breaking every space.  They could have cost a million jobs by now.  They are only going to get bigger and bigger in this space.  He feels there will be social problems coming.  From the mid-70s to today, the bottom 50% of people have seen no real growth in their incomes.  The next 40% have seen only a marginal growth.  The top 10% are all doing well.  BOTZ-Q and ROBO-Q are ETFs for robots and they have outperformed the world.  He will love them once we get a market correction.


Price: $0.020
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: _N/A
2017-06-26 N/A A Comment -- General Comments From an Expert
A Commentary
Stephen Takacsy, B. Eng, MBA

Markets. Stocks aren’t cheap, but where else are investors going to invest.  It is more and more of a stock picker’s market.  It will be tough for Trump to accelerate US growth to 4%.  Canada is doing far better.  Stimulus spending and tax cuts are temporary.  We are probably in low inflation for the rest of our lives.  There is a lot of government debt.  There is too much stuff in the world and not enough people to buy it all.  He feels tech specialty companies are the way to go.  We are running out of tech names in Canada, however.


Price: $0.020
Subject: CANADIAN
Bias: SELECTIVE
Owned: _N/A
2017-06-26 COMMENT A Comment -- General Comments From an Expert
A Commentary
Stephen Takacsy, B. Eng, MBA

Fixed income is very tough.  You are earning next to nothing on government bonds.  He focuses on high yield, but keeps getting the companies redeeming them early.  He was picking away on beaten up preferred shares.  He suggests keeping your duration very short.


Price: $0.020
Subject: CANADIAN
Bias: SELECTIVE
Owned: Unknown
2017-06-26 N/A A Comment -- General Comments From an Expert
A Commentary
Peter Brieger

Market. A number of consumer sentiment indicators along with other broad indicators, peaked about a month ago and have pulled back slightly. Someone suggested that they have in fact peaked and are now in for a decline, a forerunner of a major economic slowdown, followed by a recession. If this is the case, you could look for a 5%-10% market correction. Given the severity of the recession in 2007-2008 and given debt levels, the recovery is going to take quite a bit longer than normal. He thinks we have another couple of years of 2% growth plus/minus, which is disappointing. However, he expects these pullbacks will be nothing more than short-term blips.


Price: $0.020
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: _N/A
2017-06-26 COMMENT A Comment -- General Comments From an Expert
A Commentary
Peter Brieger

Royalty companies, large cap golds or intermediate golds over the next 3 years? If he had to own a gold security, it would be Central Fund (CAF.A-T) or a Gold bullion fund. Over the next 3-10 years, a number of things will happen. First of all, it is insurance against a major disaster. Secondly, inflation is not a factor right now, but should it reignite, this gives you some insurance. Finally, there is going to be a day of reckoning because a lot of companies will not be able to meet their pension fund liabilities, and there could be quite an upset in International circles and gold is a protection against that. If he had to pick 2 companies, the 1st would be Goldcorp (G-T) and the 2nd would be Agnico-Eagle (AEM-T).


Price: $0.020
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: Unknown
2017-06-26 COMMENT A Comment -- General Comments From an Expert
A Commentary
Peter Brieger

Sectors you would avoid? Very early he learned to avoid commodity stocks. Doesn’t think the world needs another hamburger stand or fast food outlet. He has never liked airlines, because they are always subject to uncertainties and price wars. On the other hand, US defence stocks are a natural, and he has looked at General Dynamics (GD-N), Huntington Ingalls (HII-N) for space weapons and defence and Raytheon (RTN-N).


Price: $0.020
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: Unknown
2017-06-26 COMMENT A Comment -- General Comments From an Expert
A Commentary
Peter Brieger

A robotics stock for growth? He doesn’t own any at this time. One that he does favour is an ETF Robo-Global and Automation (ROBO-Q). He likes that it has 35 or 40 different robotic companies, but most of them are Japanese or foreign. He likes Rockwell Automation (ROK-N), but it is just a tad too high. If this had a 5% pullback, he would be buying it big time.


Price: $0.020
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: Unknown
2017-06-26 COMMENT Apple
AAPL-Q
Peter Brieger

A stock that, subject to your view of the market and your price parameters, you could own. You know for certain that this company is going to continue to be an innovator in a number of different areas.


Price: $145.820
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: No
2017-06-26 STRONG BUY Andrew Peller
ADW.A-T
Stephen Takacsy, B. Eng, MBA

It got ahead of itself.  He is buying it at these levels and it is one of his biggest positions.  Wine is the fastest growing beverage in Canada.  It is a very good business and very well managed.  It is a good time to get in.  Their kits for home winemaking is a very good business.


Price: $11.100
Subject: CANADIAN
Bias: SELECTIVE
Owned: Yes
2017-06-26 PAST TOP PICK Agrium
AGU-T
Peter Brieger

(A Top Pick June 27/16. Up 9.95%.) The long-term case is that the world needs more food, and to maximize production, you need fertilizer. They have a great retail business which continues to grow. He wouldn’t be inclined to own it here because they are going to merge with Potash (POT-T), which will make them a major player in potash which, in the short term, creates quite a few questions. He would avoid this here.


Price: $122.770
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: Yes
2017-06-26 BUY on WEAKNESS Algonquin Power & Utilities Corp
AQN-T
Stephen Takacsy, B. Eng, MBA

It is the renewable energy space and power/water utilities so only one side of the business is regulated.  There are a lot more acquisitions yet to come.  The dividend will continue to grow and there are organic growth prospects.  It is a little pricey so buy it on dips. 


Price: $14.170
Subject: CANADIAN
Bias: SELECTIVE
Owned: Unknown
2017-06-26 DON'T BUY Alimentation Couche-Tard (B)
ATD.B-T
Stephen Takacsy, B. Eng, MBA

It is a great success story.  They have done a good job of consolidating the industry on a global basis.  There is not a lot of organic growth and gasoline margins are very thin.  30-40% of sales are from tobacco so he has an ethical problem with it.  They have benefited from other retail not selling tobacco.  It is not an attractive business, nor is it attractively priced.


Price: $63.620
Subject: CANADIAN
Bias: SELECTIVE
Owned: No
2017-06-26 PAST TOP PICK Badger Daylighting
BAD-T
Stephen Takacsy, B. Eng, MBA

(Top Pick Jun 29/16, Up 14.70%) He thinks manipulation is going on.  You should load up the truck on it.  This is a great business.  They are growing profitably in the US.


Price: $25.740
Subject: CANADIAN
Bias: SELECTIVE
Owned: Yes
2017-06-26 DON'T BUY BlackBerry
BB-T
Stephen Takacsy, B. Eng, MBA

They are in fast decline and some of the new businesses they want to get into have no guarantee of making up for the declining business.  It is a tech stock, is very uncertain and is too risky.


Price: $13.590
Subject: CANADIAN
Bias: SELECTIVE
Owned: Unknown
2017-06-26 DON'T BUY Callidus Capital Corp
CBL-T
Larry Berman CFA, CMT, CTA

It is specialty financing so they get caught up in the whole HCG-T space.  CBL-T is in a corporate mess.  You have to wait for the dust to settle.  When there is something this acute, the chart and technical analysis are not useful.


Price: $14.970
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Unknown
2017-06-26 COMMENT Central Fund of Canada Ltd (A)
CEF.A-T
Peter Brieger

He likes gold, and this is a very easy way to play bullion, both silver and gold. Unlike some of the US ETF’s, where there was a question mark about security of delivery, this company’s funds are stored at King and Bay, and is not lent out. A very conservative way to play bullion.


Price: $16.290
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: Yes
2017-06-26 WATCH Corus Entertainment (B)
CJR.B-T
Stephen Takacsy, B. Eng, MBA

They are coming out with results today or tomorrow.  He feels the next couple of quarters will show some growth, in which case it is very undervalued.  The advertising revenue should start to go up.  The high yield is sustainable and is not a warning sign.  There should be some really good upside here.


Price: $13.300
Subject: CANADIAN
Bias: SELECTIVE
Owned: Unknown
2017-06-26 DON'T BUY Cargojet Inc
CJT-T
Stephen Takacsy, B. Eng, MBA

They have high barriers to entry.  It is a virtual pipeline in the sky.  The stock is quite pricey now, however.


Price: $47.300
Subject: CANADIAN
Bias: SELECTIVE
Owned: Unknown
2017-06-26 BUY on WEAKNESS Canadian Natural Rsrcs
CNQ-T
Larry Berman CFA, CMT, CTA

Energy is his biggest weight in his portfolios and has been for a couple of weeks.  We are at the lower end of the oil price range.  CNQ-T has held up well over the last 5 years.  He does not see the tail risk currently.  You want to buy a quarter or a third into a position and do so on weakness.


Price: $37.530
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Unknown
2017-06-26 WATCH Canadian National R.R.
CNR-T
Peter Brieger

This has had quite a run and wouldn’t buy it at this time. All the rails are expensive. He would like to see this pull back at least 5%-8%.


Price: $107.010
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: Yes
Showing 61 to 120 of 165,816 entries
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