stockchase picture

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

Recent Opinions

Print
Date Signal Company Expert Opinion Price
2015-03-25 N/A A Comment -- General Comments From an Expert
A Commentary
John Wilson

Markets.  On the US economy he is optimistic but not so much on the markets.  The first quarter is going to be difficult.  The strong dollar, lower exports, and is energy collapsing, but 2.5-3% growth should occur in the rest of the year.  It will pick-up because of the price of gas.  Americans live pay cheque to pay cheque and so this will translate into consumer spending.  There is a lag until that really flows into retail sales.  Canada is different with its bigger exposure to energy, which will bleed through to the rest of Canada.  You add to that how emerging markets are still facing a lot of growth challenges and that will weigh on commodities.  Also our consumers are quite levered.  Canada is much more challenged.  Just because we have been up for 6 years does not mean we can’t go for 7.  But we have seen an increase in volatility.  Earnings are not increasing right now, so the multiple would have to go higher for the market to go higher.


Price: $0.020
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC on US ECONOMY
Owned: _N/A
2015-03-25 COMMENT Apple
AAPL-Q
John Wilson

Stock vs. Stock.  BRK.B-N vs. AAPL-Q.  The actual price should have nothing to do with it.  If you want to hold it 5-10 years then choose BRK-N.  In Apple’s space, they take turns dominating the space, so he can’t be sure of it for 5 to 10 years.  Buffet may not be around in 10 years but he has good people running the company.


Price: $123.380
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC on US ECONOMY
Owned: Yes
2015-03-25 COMMENT Air Canada (B)
AC-T
John Wilson

The airline industry has gotten a lot better in Canada and the US.  Load factors are a lot higher.  Fuel is much cheaper.  Fuel surcharges are still on the ticket and now baggage charges.


Price: $12.800
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC on US ECONOMY
Owned: No
2015-03-25 DON'T BUY Athabaska Oil Sands Corp
ATH-T
John Wilson

Has been a tragic story even before the oil price went down.  They have relatively high cost plays.  It looks like a stranded asset.  He would prefer a producing asset that could pay you a dividend.


Price: $2.120
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC on US ECONOMY
Owned: Unknown
2015-03-25 HOLD Amaya Gaming Group Inc.
AYA-T
John Wilson

If you can get through the legal overhang there is probably upward potential.  You will have to ride it out.  For the next number of months you will have headline risk.  Given the cash flow potential and the growth potential of the company, it is appealing.  He likes to have significantly more upside potential than downside risk.


Price: $28.740
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC on US ECONOMY
Owned: No
2015-03-25 DON'T BUY Bombardier Inc (B)
BBD.B-T
John Wilson

You could argue that you get the aerospace business for free, but they lost enough time on delivering the ‘C’ series that they allowed competitors to eat into what would have been an appealing market for them. 


Price: $2.540
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC on US ECONOMY
Owned: Unknown
2015-03-25 DON'T BUY Bird Construction Income Fund
BDT-T
James Hodgins

They have exposure directly to energy bit also to construction out west.  He has been short the stock since the energy decline.


Price: $9.960
Subject: MARKET NEUTRAL INVESTING
Bias: NEUTRAL
Owned: Yes
2015-03-25 COMMENT Berkshire Hathaway Inc. (B)
BRK.B-N
John Wilson

Stock vs. Stock.  BRK.B-N vs. AAPL-Q.  The actual price should have nothing to do with it.  If you want to hold it 5-10 years then choose BRK-N.  In Apple’s space, they take turns dominating the space, so he can’t be sure of it for 5 to 10 years.  Buffet may not be around in 10 years but he has good people running the company.


Price: $143.560
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC on US ECONOMY
Owned: No
2015-03-25 DON'T BUY Baytex Energy Corp
BTE-T
James Hodgins

They just lost an equity financing.  Historically it was thought of as a heavy oil play and now it is a light oil play.


Price: $19.480
Subject: MARKET NEUTRAL INVESTING
Bias: NEUTRAL
Owned: Unknown
2015-03-25 PAST TOP PICK Baytex Energy Corp
BTE-T
John Wilson

(Top Pick Feb 11/14, Down 48.26%) He sold in the spring after it ran up.


Price: $19.480
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC on US ECONOMY
Owned: No
2015-03-25 PAST TOP PICK Bellatrix Exploration Ltd.
BXE-T
James Hodgins

(Top Pick Apr 21/14, Down 69.70%) He sold it just after he recommended it, taking a small loss. 


Price: $3.190
Subject: MARKET NEUTRAL INVESTING
Bias: NEUTRAL
Owned: No
2015-03-25 TOP PICK Canam Group Inc.
CAM-T
James Hodgins

Commercial construction the US.  They also offer architectural and design services.  More than a $ billion back log.


Price: $12.560
Subject: MARKET NEUTRAL INVESTING
Bias: NEUTRAL
Owned: Yes
2015-03-25 DON'T BUY Canadian National R.R.
CNR-T
John Wilson

He owns CP-T.  As a group he is not in love with rails.  CNR-T’s free cash flow conversion has not been as good as other rails.  Grain was a big bumper crop a couple of years ago and now he thinks there is only downside in grain shipments.


Price: $83.950
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC on US ECONOMY
Owned: No
2015-03-25 BUY Corby Spirit and Wine (A)
CSW.A-T
James Hodgins

He has held it for 4 or 5 years.  About 18 months ago they switched the marking for Wiesers to their parent company.  They are gradually rolling this out in the US and are doing well.  He could see this being taken out.


Price: $24.240
Subject: MARKET NEUTRAL INVESTING
Bias: NEUTRAL
Owned: Yes
2015-03-25 DON'T BUY Concordia Healthcare
CXR-T
James Hodgins

It is now at the level where they did a huge acquisition of drug portfolios.  They had to do a big debt and equity issue.  Prefers MSL-T.


Price: $84.100
Subject: MARKET NEUTRAL INVESTING
Bias: NEUTRAL
Owned: Unknown
2015-03-25 WAIT Detour Gold
DGC-T
John Wilson

Gold companies doing well last year were operating in geographies where they benefited from declining currencies.  In the last little while we saw the Canadian dollar getting back some of the ground so the trade goes the other way.  The gold price itself is fighting against the idea that the Fed will raise rates.  He is not near term bullish on gold, but it will do better in 3 to 5 years. 


Price: $11.420
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC on US ECONOMY
Owned: Unknown
2015-03-25 BUY Medical Facilities Corp.
DR-T
James Hodgins

Solid management team, and a tail wind due to currency.  Revenues are in US dollars and dividends are in Canadian dollars.  He would definitely take a look at it.  6.7% dividend.


Price: $16.460
Subject: MARKET NEUTRAL INVESTING
Bias: NEUTRAL
Owned: No
2015-03-25 TOP PICK Element Financial
EFN-T
John Wilson

Announced a new Chairman today.  The chairman is now separate from the CEO position.  Pretty strong organic growth.  Earnings growth in the 30% or better range.  16 times this year’s and 12 times next year’s earnings.  They won’t pay cash taxes for a long time.  He has had it for a couple of years.


Price: $16.550
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC on US ECONOMY
Owned: Yes
2015-03-25 BUY Enbridge
ENB-T
John Wilson

Stock vs. Stock.  ENB-T vs. TRP-T.  His preference is ENB-T.  Seems like a better growth profile that is easier to predict.  An easier way to make money going forward.


Price: $62.200
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC on US ECONOMY
Owned: Yes
2015-03-25 HOLD General Electric
GE-N
John Wilson

They have a big energy exposure, and international business weighs on them.  Their industrial business is doing well and they have a huge cash pile off shore.  It may not get a fast move in the stock price but it could be a good long term hold.


Price: $24.910
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC on US ECONOMY
Owned: Unknown
2015-03-25 PAST TOP PICK CGI Group (A)
GIB.A-T
John Wilson

(Top Pick Feb 11/14, Up 55.62%) They can certainly afford to do another deal.  They de-levered from the debt they took on when they did the European acquisition.  It is a top 5 holding for him. 


Price: $53.410
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC on US ECONOMY
Owned: Yes
2015-03-25 PAST TOP PICK General Motors Corporation
GM-N
John Wilson

(Top Pick Feb 11/14, Up 10.70%) He rotated out of GM-N and went into parts makers.  It was proving to be so painful with the recall mess.  There is tremendous long term value there and a lot of capital to be potentially returned.  He moved to MG-T and LNR-T.


Price: $37.380
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC on US ECONOMY
Owned: No
2015-03-25 PAST TOP PICK Guestlogix
GXI-T
James Hodgins

(Top Pick Apr 21/14, Down 37.98%) They announced a bunch of contracts for global new deployments and some of them have now been pushed out and margins on renewing contracts are lower than the street had forecast.  He has almost no position left.


Price: $0.800
Subject: MARKET NEUTRAL INVESTING
Bias: NEUTRAL
Owned: Yes
2015-03-25 TOP PICK Hudson Bay Co.
HBC-T
John Wilson

They have tremendous real estate in every city across the country.  You add to that what Saks had and he feels it is a tremendously undervalued company.  It is run by someone who is a real estate guy who is really good at surfacing value from real estate. 


Price: $25.560
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC on US ECONOMY
Owned: Yes
2015-03-25 WATCH Input Capital Corp
INP-X
James Hodgins

They purchase revenue streams from farmers of Canola seed.  He likes it.  They are supposed to come out with numbers in early April.  He thinks there is a chance for it to become quite large and if they get enough size they can start charging premiums and have better pricing power in the marketplace than an individual farmer could have.


Price: $2.950
Subject: MARKET NEUTRAL INVESTING
Bias: NEUTRAL
Owned: Yes
2015-03-25 COMMENT Klondex Mines Ltd
KDX-T
James Hodgins

They have properties in Nevada and have had good drilling success recently.  But he is negative on the commodity.  He thinks the project is economic, however.


Price: $2.700
Subject: MARKET NEUTRAL INVESTING
Bias: NEUTRAL
Owned: Yes
2015-03-25 BUY Kraft Foods Group
KRFT-Q
John Wilson

The deal makes sense.  The private equity group they are working with have a great track record.  He thinks they will make it a better business over the next 3 to 5 years.


Price: $83.170
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC on US ECONOMY
Owned: Unknown
2015-03-25 DON'T BUY Lightstream Resources
LTS-T
James Hodgins

Stay away.  Lots of debt on the balance sheet.  The dividend was cut. 


Price: $0.940
Subject: MARKET NEUTRAL INVESTING
Bias: NEUTRAL
Owned: Unknown
2015-03-25 DON'T BUY Genworth MI Canada Inc.
MIC-T
James Hodgins

If the housing market got really bad (dropped 20-30%) here this company would go to zero.  This is unlikely, however.  This is a very binary type of situation.  It is like picking up nickels in front of a bulldozer.


Price: $30.000
Subject: MARKET NEUTRAL INVESTING
Bias: NEUTRAL
Owned: Unknown
2015-03-25 PAST TOP PICK Merus Labs International
MSL-T
James Hodgins

(Top Pick Apr 21/14, Up 73.91%) Still one of his largest positions.  They settled a patent suit.  It is a bit of a roll up story.  They are likely to do more acquisitions.  Thinks the stock will go materially higher.


Price: $2.730
Subject: MARKET NEUTRAL INVESTING
Bias: NEUTRAL
Owned: Yes
2015-03-25 BUY Micron Technology
MU-Q
John Wilson

Memory chips.  There have been concerns on DRAM prices dropping.  But he thinks it is a great buy.  He likes it here and thinks the industry will prove itself.


Price: $26.570
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC on US ECONOMY
Owned: Yes
2015-03-25 SELL Nobilis Health Corp
NHC-T
James Hodgins

The management team has plans to be even more acquisitive.  He just sold today because it has had such a great run.  He would wait for them to do another big acquisition.


Price: $6.360
Subject: MARKET NEUTRAL INVESTING
Bias: NEUTRAL
Owned: No
2015-03-25 SELL Neulion
NLN-T
James Hodgins

They are the back end for video streaming services.  The big story has been hockey streaming with Rogers.  They recently reported and it was a disappointment on the Rogers side.  He is out of the stock now.  He likes to see continued earnings momentum. 


Price: $1.025
Subject: MARKET NEUTRAL INVESTING
Bias: NEUTRAL
Owned: No
2015-03-25 TOP PICK Pfizer Inc
PFE-N
John Wilson

Has been a sleepy pharma stock.  He likes it because of a big hoard of off-shore cash and they announced a deal in February that will give them a lot of synergies and allow them to grow earnings.  He thinks breaking up the company will bring out value as well.


Price: $34.300
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC on US ECONOMY
Owned: Yes
2015-03-25 WAIT Patient Home Monitoring
PHM-X
James Hodgins

He only owns some warrants and some debt.  He thinks it is fairly valued for the current level of business.  The debt level is increasing and they may have to raise some equity soon.  They are still looking at buying products where they can get the patient lists and cross sell other products.  He thinks it will consolidate in this range for a while.


Price: $1.390
Subject: MARKET NEUTRAL INVESTING
Bias: NEUTRAL
Owned: No
2015-03-25 SELL Petrowest Corp
PRW-T
James Hodgins

A heavy equipment operator with 60% of business related to oil and gas.  The company has a lot of debt.  A BC hydro project and LNG projects were to be big for them but they are off the table now.  He sold long ago.  He is short others in the space, but this one does not have the liquidity.


Price: $0.375
Subject: MARKET NEUTRAL INVESTING
Bias: NEUTRAL
Owned: No
2015-03-25 BUY Pivot Technology Solutions Inc.
PTG-X
James Hodgins

System integrating company.  A 10% dividend shows a lot of confidence.  He owns some of this stock.  He was buying today even.


Price: $0.380
Subject: MARKET NEUTRAL INVESTING
Bias: NEUTRAL
Owned: Yes
2015-03-25 DON'T BUY Rogers Communcations (B)
RCI.B-T
John Wilson

It has a nice yield but it is trading in a range.  He prefers T-T or SJR.B-T.  He liked the hockey deal. 


Price: $43.390
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC on US ECONOMY
Owned: No
2015-03-25 DON'T BUY Banco Santander SA
SAN-N
John Wilson

A very large, global, Latin American bank based in Spain.  He would not own it because of the uncertainty in the Euro zone.  He thinks the risk in European banks is still too high.  He would prefer JPM-N or C-N.


Price: $7.460
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC on US ECONOMY
Owned: No
2015-03-25 BUY Shawcor Ltd. (A)
SCL-T
John Wilson

It has done better than the group because it generates a lot of free cash flow and it deals more in gas, which has not been hit as heavily.  He likes it as a long term holding.


Price: $37.000
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC on US ECONOMY
Owned: Yes
2015-03-25 TOP PICK The Score Inc.
SCR-X
James Hodgins

They had $16 Million on the balance sheet but just raised equity and he thinks this is for an acquisition.  In the mean time you have massive growth in the app.  It is getting to that kind of scale where you are going to see big increases in their advertizing revenue.  Ultimately, someone like FB-Q would take them out.


Price: $0.660
Subject: MARKET NEUTRAL INVESTING
Bias: NEUTRAL
Owned: Yes
2015-03-25 DON'T BUY San Gold Corporation
SGR-X
James Hodgins

They have announced that they are shutting down most of their operations.  He does not like precious metals.  Prefers others in this space.  Prefers KDX-X.


Price: $0.040
Subject: MARKET NEUTRAL INVESTING
Bias: NEUTRAL
Owned: No
2015-03-25 SELL Savaria Corp
SIS-T
James Hodgins

Two businesses.  One is for in-home lift systems.  The second is elevators in your home for cars.  The demographics for the medical lifts are obviously quite positive, but the others are negative.  He sold because it was getting pricy.


Price: $5.500
Subject: MARKET NEUTRAL INVESTING
Bias: NEUTRAL
Owned: No
2015-03-25 PARTIAL SELL Sandvine Corp.
SVC-T
James Hodgins

He is concerned about the current quarter.  He trimmed some of his position.  They are in the middle of a big upgrade cycle from 1 Gig to 10 Gig.  They have some exposure to new FCC laws that limit the ability of providers to throttle back some bandwidth to some.   The company claims it is a neutral factor.


Price: $3.440
Subject: MARKET NEUTRAL INVESTING
Bias: NEUTRAL
Owned: Yes
2015-03-25 WATCH Trinidad Drilling Ltd
TDG-T
John Wilson

It is a drilling service company with high beta.  As capital spending in the oil patch gets cut these will be the first guys to get hurt.  Wait for them to come up off the bottom and then miss the first 10 or 20% and then they will go.


Price: $4.300
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC on US ECONOMY
Owned: Unknown
2015-03-25 TOP PICK TeraGo Inc.
TGO-T
James Hodgins

Originally a pure connectivity play.  They acquired a company recently and are now cross selling to the acquired company’s customers.  It could cause the stock to double at some point.


Price: $7.400
Subject: MARKET NEUTRAL INVESTING
Bias: NEUTRAL
Owned: Yes
2015-03-25 DON'T BUY Trans Canada Corp
TRP-T
John Wilson

Stock vs. Stock.  ENB-T vs. TRP-T.  TRP-T has challenging projects.


Price: $55.870
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC on US ECONOMY
Owned: Unknown
2015-03-25 DON'T BUY Veresen Inc
VSN-T
James Hodgins

In the energy space, people are hiding in the mid-stream names.  He is not keen on this one.  He has a small short position.  They can sustain the dividend on the current level of business, but if volumes shrink in Western Canada, then this one could have some trouble.  He has no long positions in this space.


Price: $16.300
Subject: MARKET NEUTRAL INVESTING
Bias: NEUTRAL
Owned: Yes
2015-03-25 DON'T BUY Whitecap Resources
WCP-T
John Wilson

Great company, management and assets.  He exited all his energy relatively early in the fall.  Because of its producing assets it has a manageable payout ratio.


Price: $14.310
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC on US ECONOMY
Owned: No
2015-03-25 DON'T BUY Western Forest Products Inc.
WEF-T
James Hodgins

He did extremely well in the space in 2010-2012 and then pared back.  The housing market is well along in the cycle and Canadian companies may be facing anti-dumping tariffs in the US.  He thinks the cycle has played out.


Price: $2.050
Subject: MARKET NEUTRAL INVESTING
Bias: NEUTRAL
Owned: No
2015-03-25 COMMENT Westjet Airlines
WJA-T
John Wilson

The airline industry has gotten a lot better in Canada and the US.  Load factors are a lot higher.  Fuel is much cheaper.  Fuel surcharges are still on the ticket and now baggage charges.


Price: $29.600
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC on US ECONOMY
Owned: No
2015-03-25 HOLD Exxon Mobil
XOM-N
John Wilson

In the US if you are going to be in oil and gas the majors are the way to do it.  This is not a bad way to wait it out.


Price: $84.860
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC on US ECONOMY
Owned: No
2015-03-25 SELL Yahoo!
YHOO-Q
John Wilson

It finally paid off with the BABA-N deal and he thinks you should have taken your money and run.  He does not believe the yahoo search business is that easy to turn around. 


Price: $44.200
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC on US ECONOMY
Owned: Unknown
2015-03-24 N/A A Comment -- General Comments From an Expert
A Commentary
David Baskin

Markets.  The US is better than Canada, not fabulous, but better.  When people have jobs they spend money and when they spend money they drive the economy.  He is not seeing any inflation in the US, well under 2% not counting energy and food.  There is no increase in wages so someone is making money.  Canada is not so good.  The employment picture is mediocre and the oil price thing will affect the west.  The low dollar should help Ontario and Quebec but we have yet to see it spill though.  With regards to currencies, they always over shoot.  $.82-$.84 is the correct range for the Canadian dollar right now.  You have to pick stocks individually.  A lot of REITs have yields of 6% and yet the treasury pays .75%, so if it goes up, does anyone really care?  There is too much fuss about not very much.


Price: $0.020
Subject: NORTH AMERICAN - LARGE
Bias: SELECTIVE
Owned: _N/A
2015-03-24 N/A A Comment -- General Comments From an Expert
A Commentary
Michael Smedley

Markets.  Nothing is really happening in the markets.  It is at a high and it will probably stay there. As energy goes up, we get an advantage over the States.  Dabbling is fine.  The possibility is that Iraq winds down.  The US frackers will find better ways of producing as time goes on, so they are not worried.  Canada is more on the war front.  If you have no energy stocks at all then you should be looking at some.  You should only have so much for now and don’t try to time the market.  He likes Biotech and mid-caps in Canada. 


Price: $0.020
Subject: CANADIAN
Bias: BULLISH on HEALTH CARE
Owned: _N/A
2015-03-24 N/A A Comment -- General Comments From an Expert
A Commentary
Michael Smedley

Nat Gas prices.  Gas has smaller moves than oil.  Nat Gas’s price in North America is more insulated from the rest of the world than that of oil.


Price: $0.020
Subject: CANADIAN
Bias: BULLISH on HEALTH CARE
Owned: _N/A
2015-03-24 BUY A Comment -- General Comments From an Expert
A Commentary
Michael Smedley

Gold.  He favours holding gold because of the world’s problems.  He always has something.  The larger ones have a harder time growing, however.


Price: $0.020
Subject: CANADIAN
Bias: BULLISH on HEALTH CARE
Owned: Yes
2015-03-24 BUY A Comment -- General Comments From an Expert
A Commentary
Michael Smedley

Cera Operations IPO.  The sector is hot.  They have about 10 brands.  They will sell off some of them.  They have various wizards in the area of turn-arounds.  It will go like hot cakes.  If you could buy some shares opening day then buy a few.  He probably will get some for the fund.


Price: $0.020
Subject: CANADIAN
Bias: BULLISH on HEALTH CARE
Owned: Yes
2015-03-24 COMMENT AutoCanada Inc.
ACQ-T
David Baskin

The stock got massacred.  They are in Alberta and people think no one there will buy a car or truck again, which is unlikely to be the case.  Car sales are going to go down and people are putting off maintenance.  But ACQ-T has dealerships all across Canada, so he thinks it has been oversold.  Growing by acquisition can be done by good management and it becomes a good strategy but if you are overpaying and there is no barrier to competitors then you are just a ‘me too’.


Price: $31.910
Subject: NORTH AMERICAN - LARGE
Bias: SELECTIVE
Owned: Unknown
2015-03-24 PAST TOP PICK AutoCanada Inc.
ACQ-T
Michael Smedley

(Top Pick Mar 31/14, Down 47.27%) It is probably just the situation in Alberta and out west.  He sold at $90 because it became too big in his portfolio.


Price: $31.910
Subject: CANADIAN
Bias: BULLISH on HEALTH CARE
Owned: No
Showing 181 to 240 of 138,531 entries