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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
2015-07-23 WATCH Veresen Inc
VSN-T
Martin Davies

It has transformed itself quite sharply.  It will be one of the first west coast North American LNG facilities.  They are well positioned to be a prime beneficiary of the LNG movement.  He is concerned the valuation could be too high.


Price: $14.650
Subject: OIL & GAS
Bias: BULLISH on OIL & GAS
Owned: Unknown
2015-07-22 PARTIAL SELL A Comment -- General Comments From an Expert
A Commentary
Gordon Reid

Markets. He is less exposed to foreign exchange translations and has moved a little bit away from the industrial base in the US which has a headwind of FX, and into more domestic situations. It is paying off for him.


Price: $0.020
Subject: US EQUITIES
Bias: UNKNOWN
Owned: _N/A
2015-07-22 N/A A Comment -- General Comments From an Expert
A Commentary
Allan Meyer

Markets. Thinks we are going to have a slow environment and the market is going to continue to be slow. We probably are in a recession even though the finance minister says we are not. We are going to have growth this year, but it is going to be pretty anemic. You have to ratchet back your expectations. Fortunately the US is strong and is leading the way. The good news is that as our dollar drops, we get to export more. The trouble is that there is a lag effect, so it will take a little while before we see the full benefit of a lower Cdn.$ responding into more exports into the US market. Asset allocation is your single most important idea. Right now fixed income is off the table.


Price: $0.020
Subject: CANADIAN
Bias: UNKNOWN
Owned: _N/A
2015-07-22 DON'T BUY Alcoa
AA-N
Gordon Reid

His concern is that they didn’t control a lot of their own destiny. From a supply standpoint, there was a long history of oversupply in the industry and they have shuttered 30%-35% of their production, but they don’t control China. Chinese production has increased dramatically in the last 6-12 months and have flooded the market. Aluminum prices have fallen and this company stock price has gone down.


Price: $9.990
Subject: US EQUITIES
Bias: UNKNOWN
Owned: No
2015-07-22 STRONG BUY Apple
AAPL-Q
Gordon Reid

Reported revenue growth of 33% year-over-year and earnings growth of over 45% which slightly exceeded expectations that were posted on the street, and yet the market still sold off. This is a lesson to march to your own drummer as opposed to what the market might be telling you at any given point in time. Their new watch to him is more of a sensory device, a beginning of a new category, that is extremely exciting. People who get caught up in the idea that it is a watch are missing the point. This is going more into an incredibly important social device. It is going to have implications from a social standpoint and a medical standpoint. Stock is not expensive and this is one of the fastest-growing companies that he knows of. It has innovation, capital distribution through dividends and stock buybacks, and it has China. China now represents about a quarter of their total revenues.


Price: $125.220
Subject: US EQUITIES
Bias: UNKNOWN
Owned: Yes
2015-07-22 COMMENT Barrick Gold
ABX-T
Allan Meyer

He is not a fan of gold. It doesn’t pay a dividend and is more of an emotional item. Supposedly the breakdown in gold is because the Chinese are not buying as much. Also, this company has a lot of debt and are trying to sell off assets.


Price: $9.590
Subject: CANADIAN
Bias: UNKNOWN
Owned: No
2015-07-22 HOLD Air Methods Corp
AIRM-Q
Gordon Reid

An air transportation ambulance service, both community and hospital-based. An erratic stock as it is subject to weather. About three quarters of their fleet are helicopter based, and sometimes just cannot fly. However, that will even out over time.


Price: $41.700
Subject: US EQUITIES
Bias: UNKNOWN
Owned: Yes
2015-07-22 PAST TOP PICK American Axle & Mfg Hldgs Inc.
AXL-N
Gordon Reid

(A Top Pick July 24/14. Up 5.2%.) Sold off along with all of the derivative plays to the US OEMs. Part of it is the foreign exposure to a slowing China market and a slowing Europe. A little confounding why this sold off because 85% of their revenues come directly from the US. Feels it is mispriced and would be a buy here.


Price: $20.210
Subject: US EQUITIES
Bias: UNKNOWN
Owned: Yes
2015-07-22 COMMENT American Express
AXP-N
Gordon Reid

The natural reaction in a discussion in this company is that if interest rates rise, are they going to suffer greater credit losses which will inhibit earnings. Probably not because the profile of the average American Express card holder is very positive and tends to be wealthier individuals. He prefers the Visa (V-N), MasterCard (MC-N) group over this company’s model. This one takes on credit risks, while the other 2 are just transaction companies. (See Top Picks.)


Price: $78.990
Subject: US EQUITIES
Bias: UNKNOWN
Owned: Unknown
2015-07-22 PAST TOP PICK Boeing
BA-N
Gordon Reid

(A Top Pick July 24/14. Up 20.44%.) Just reported earnings which were very favourable. They are now in production on the 787 Dreamliner. Also, have the 737 Max. Have about a $4 billion backlog, which is just on the commercial side. If you include the defence side, it is over half a $1 trillion. Has great visibility. It is very important for airlines to have a newer fleet, and this is right in the sweet spot.


Price: $146.470
Subject: US EQUITIES
Bias: UNKNOWN
Owned: Yes
2015-07-22 COMMENT Bank of America
BAC-N
Gordon Reid

All of the US banks are coming back. The catalyst for growth is higher interest rates, which will enable them to make money. He prefers Citigroup (C-N) and Wells Fargo (WFC-N).


Price: $18.450
Subject: US EQUITIES
Bias: UNKNOWN
Owned: No
2015-07-22 COMMENT BlackBerry
BB-T
Allan Meyer

This makes his list because it doesn’t have excess of debt, but it ranks in the bottom half of all the companies that he looks at. It wouldn’t be on his list of companies that he would be buying. There is no dividend. They seem to be really working hard to surface the value of the company.


Price: $10.040
Subject: CANADIAN
Bias: UNKNOWN
Owned: No
2015-07-22 COMMENT Bombardier Inc (B)
BBD.B-T
Allan Meyer

Preferred dividends? There was a downward movement in the stock today. They had a conference call with their treasurer to talk about liquidity concerns. Preferred shares would be one of the last places where they would want to cut the dividend. You are protected a little bit, but they could cut those dividends as some point.


Price: $1.690
Subject: CANADIAN
Bias: UNKNOWN
Owned: Unknown
2015-07-22 BUY on WEAKNESS Biogen IDEC Inc.
BIIB-Q
Gordon Reid

Has been watching this for a little while. It doesn’t trade at an extreme valuation and they have a nice pipeline. A drug that propelled them recently was their new Alzheimer’s one that is still in testing. A very promising drug. In a short time they are going to come out with the results of a new test on it. He thinks the market will react on this, so he would be hesitant to buy in front of that. If you can buy this in the $350-$375 area, it has a lot of promise.


Price: $391.740
Subject: US EQUITIES
Bias: UNKNOWN
Owned: No
2015-07-22 COMMENT Baytex Energy Corp
BTE-T
Allan Meyer

Great company, but he is staying away energy. It could be quite a while yet. Looking for oil to maintain at around $48.


Price: $13.770
Subject: CANADIAN
Bias: UNKNOWN
Owned: No
2015-07-22 COMMENT Blackstone Group LP
BX-N
Gordon Reid

An interesting company. Have about $280 billion of assets. It is a pure play on the financial industry. They manage private equity groups, mezzanine financing, senior debt offerings, etc. Heavily related to the real estate market. They have done well. Have about $45-$50 billion in their war chest. It is a limited partnership and there are tax ramifications for Canadians.


Price: $41.500
Subject: US EQUITIES
Bias: UNKNOWN
Owned: No
2015-07-22 COMMENT iShares Equal Weight Bank & Lifeco ETF
CEW-T
Allan Meyer

Canadian Banks? Has been tempering his love of the Canadian banks through this ETF which holds lifecos as well. Canadian banks have been down this year, but they have great yields on them and are great at cost cutting.


Price: $10.040
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2015-07-22 COMMENT Crescent Point Energy Corp
CPG-T
Allan Meyer

One of the better companies. Likes what they are doing. Good strong control. Picking up some of the weaker companies. The trouble is, you have low oil prices. Hopefully their hedges last long enough that they don’t have to start worrying about the current prices of oil. They have been able to hold their dividend in. There is a lot of pressure on oil. He is looking for oil to maintain at around $48. He is not a fan of oil and gas.


Price: $21.000
Subject: CANADIAN
Bias: UNKNOWN
Owned: No
2015-07-22 COMMENT Canadian Tire Corporation Ltd. (A)
CTC.A-T
Allan Meyer

This company has been amazing. They have done really, really well. They got the Forzani group. Have spun off the real estate trying to recognize some of the value. Have had a lot of competition over the years but they seem to rise to the top. The only trouble is, they don’t have the dividend yield that the banks have.


Price: $131.440
Subject: CANADIAN
Bias: UNKNOWN
Owned: Unknown
2015-07-22 PAST TOP PICK CVS Health Corp
CVS-N
Gordon Reid

(A Top Pick July 24/14. Up 41.79%.) Recently bought Omnicare, a provider of long-term care, which wrote over 100 million prescriptions last year. They have a demographic tailwind. Also, have new healthcare regulations in the US, which is making it easier. A great space to be in. Still a Buy.


Price: $110.980
Subject: US EQUITIES
Bias: UNKNOWN
Owned: Yes
2015-07-22 PAST TOP PICK Dominion Diamond
DDC-T
Allan Meyer

(A Top Pick May 14/15. Down 30.11%.) They reported disappointing earnings and the analysts quickly ratcheted down their estimates. Sold his holdings.


Price: $16.600
Subject: CANADIAN
Bias: UNKNOWN
Owned: No
2015-07-22 TOP PICK DH Corporation
DH-T
Allan Meyer

One of the companies that was able to make the transition from the old type of technology. They are now considered more like a financial services tech company. Made an acquisition using the cash they had as well as some debt. Still have a reasonable amount of debt to equity. Still thinks it has momentum behind it. Yield of 3.09%.


Price: $41.550
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2015-07-22 COMMENT Walt Disney
DIS-N
Gordon Reid

Time Warner (TWX-N) versus Disney (DIS-N)? These are both great companies. Thinks Time Warner has a better valuation profile and is not as expensive.


Price: $119.330
Subject: US EQUITIES
Bias: UNKNOWN
Owned: No
2015-07-22 COMMENT Medical Facilities Corp.
DR-T
Allan Meyer

A Canadian listed company with operations only in the US. Earnings are in US dollars. Great yield of almost 8% and very good cash flow.


Price: $14.210
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2015-07-22 BUY FedEx
FDX-N
Gordon Reid

UPS (UPS-N) versus FedEx (FDX-N)? Of the 2, he would buy this. This is in the middle of a reorganization that is saving them about $1.6 billion a year, which is pretty meaningful. A lower fuel cost is also very important.


Price: $168.500
Subject: US EQUITIES
Bias: UNKNOWN
Owned: Unknown
2015-07-22 HOLD Gibson Energy
GEI-T
Allan Meyer

This doesn’t rate very well in his strategies, and yet it is a good dividend payer. You are exposed to the activity in the oil/gas area, not so much the oil/gas prices. If you own, he would be tempted to stay with this even though it rates so low. Doesn’t feel the dividend is going to get cut at this point.


Price: $19.590
Subject: CANADIAN
Bias: UNKNOWN
Owned: Unknown
2015-07-22 SELL Corning Inc
GLW-N
Gordon Reid

Did a deal with Samsung where they bought out their joint venture and gave the company quite a boost. A lot of the products that this company is involved with can be commoditized. Whenever that happens, you tend to find that you sell more of it, but at a lower price. As an investor, that is not a great place to be.


Price: $18.780
Subject: US EQUITIES
Bias: UNKNOWN
Owned: Unknown
2015-07-22 COMMENT Hudson Bay Co.
HBC-T
Allan Meyer

They acquired a German company, and then sold off the real estate for basically the purchase price. He thinks management has been brilliant. They are now introducing some of the Saks stores into the Hudson Bay as well. It ranks in the 1st quartile of his Safety/Value strategy.


Price: $27.080
Subject: CANADIAN
Bias: UNKNOWN
Owned: Unknown
2015-07-22 DON'T BUY Johnson & Johnson
JNJ-N
Gordon Reid

Made up of about 40%-45% pharma with the rest split between diagnostics and consumer products. The Pharma side is doing very, very well. The consumer side is doing pretty well, but diagnostics and devices are not doing so well. Trading at a relatively rich multiple and their growth is somewhat muted.


Price: $100.180
Subject: US EQUITIES
Bias: UNKNOWN
Owned: Unknown
2015-07-22 COMMENT Kraft Heinz Company (merged)
KHC-Q
Gordon Reid

Prefers companies with pure growth that comes off the top line. You can only cut costs and become more efficient for so long. What tends to happen with a lot of these stocks is that people assign them a valuation that assumes that the cost cutting can go on indefinitely. This is a good solid company, but too expensive.


Price: $78.640
Subject: US EQUITIES
Bias: UNKNOWN
Owned: No
2015-07-22 DON'T BUY Lockheed Martin
LMT-N
Gordon Reid

An expensive stock. Trading well above where it normally has traded. Just bought Sikorsky. Fairly high debt levels at about 70% of capital. Also, have the F 35 program, which has been mired in controversy. In the end, it may turn out to be a real cash cow for them. At this point he would probably pass.


Price: $202.790
Subject: US EQUITIES
Bias: UNKNOWN
Owned: Unknown
2015-07-22 COMMENT Manulife Financial
MFC-T
Allan Meyer

He likes this one. You see interest rates go up, this is one of the companies that should do fairly well. Below the market multiple at about 13.5X price to earnings. Dividend yield of about 2.5%.


Price: $23.400
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2015-07-22 PAST TOP PICK Magna Int'l. (A)
MG-T
Allan Meyer

(A Top Pick May 14/15. Up 4.71%.) Is still quite pleased with this. A good performer. They recently did an acquisition of a German company, so they are using up a little bit of their cash hoard. It still rates very, very well. Relatively inexpensive.


Price: $70.260
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2015-07-22 TOP PICK Priceline.com Inc.
PCLN-Q
Gordon Reid

An online site for booking travel and they have hundreds of thousands of relationships with hotels globally. Last quarter they grew international bookings at 29% year-over-year. It is still growing extremely robustly. Currently trading at about 18X this year’s earnings. He is expecting $65 of earnings per share this year.


Price: $1233.970
Subject: US EQUITIES
Bias: UNKNOWN
Owned: Yes
2015-07-22 DON'T BUY Proctor & Gamble
PG-N
Gordon Reid

He would have to categorize this with a lot of other consumer package companies. They are good companies, but tend to struggle for a catalyst. They tend to be low single digit growers. In many, many cases they are trade at an exaggerated P/E ratio, in large part because of the dividends. They have offered higher dividends because they have predictability of cash flow. In the low interest rate environment it is very attractive, but interest rates are about to start to rise. High dividend payers will have less cache and the multiples are going to suffer.


Price: $80.830
Subject: US EQUITIES
Bias: UNKNOWN
Owned: No
2015-07-22 PAST TOP PICK Ritchie Bros Auctioneers Inc.
RBA-T
Allan Meyer

(A Top Pick May 14/15. Down 0.14%.) This still rates very well in his ranking and still looks like very good value. Has decent free cash flow of about 6%. They are earning lots of money to cover their interest payments.


Price: $34.170
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2015-07-22 TOP PICK Richelieu Hardware
RCH-T
Allan Meyer

Not really a hardware store, but they supply hardware to various things. Import a lot and manufacture and distribute specialty hardware. It does have free cash flow and net cash on the balance sheet. Strong balance sheet. Dividend yield of 0.83%.


Price: $66.000
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2015-07-22 COMMENT Sandvine Corp.
SVC-T
Allan Meyer

Rates in the 1st quartile in his strategy ranking. It does not pay a dividend. PE is a little high, but it has great free cash flow at about 7.8%. You don’t buy this for the dividend, you buy it for the increase in value. They have no debt.


Price: $3.490
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2015-07-22 BUY Tricon Capital Group
TCN-T
Allan Meyer

This has housing in the US. One of his favourites. Good cash flow that is very reasonable. Debt to equity is about 30%.


Price: $11.970
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2015-07-22 TOP PICK Toll Brothers Inc.
TOL-N
Gordon Reid

One of the luxury builders in US housing. They have pricing power and are still coming off the 2008 problem and are getting volume increases. They have secured about 8 years’ inventory of land. Household formations are running at about 1 million a year, and historically they have run at about 50% higher.


Price: $38.770
Subject: US EQUITIES
Bias: UNKNOWN
Owned: Yes
2015-07-22 BUY Time Warner Inc
TWX-N
Gordon Reid

Time Warner (TWX-N) versus Disney (DIS-N)? Both are great companies. This one has a better valuation profile and is not as expensive. It is a content company. It has CNN, People’s Magazine as well as HBO. HBO is a very exciting opportunity for them. They just introduced an over-the-top option that is making HBO available to people who don’t have a cable subscription. They are committed to return of capital to stakeholders. They expect they will make $6 in 2016 and $8 in 2018, which is a very exciting prospect for investors.


Price: $88.720
Subject: US EQUITIES
Bias: UNKNOWN
Owned: Yes
2015-07-22 BUY on WEAKNESS Union Pacific Corp
UNP-N
Gordon Reid

They have done good things. The problem he has with this and all rails is valuation. The drop in price is helping the valuation. Trading at about 15X this year’s earnings and is starting to get into range, but it is at the high end of its historical range. He would like to see it correct a little more. About 18% of their revenue comes from coal. Also, oil by rail has hurt, but that is very much a temporary situation. On the plus side their intermodal business is very good. You could step in now and in time you will do well, but he would like to see a drop another 5%-7%, which would be a great entry point.


Price: $97.680
Subject: US EQUITIES
Bias: UNKNOWN
Owned: Unknown
2015-07-22 COMMENT United Parcel Services
UPS-N
Gordon Reid

UPS (UPS-N) versus FedEx (FDX-N)? Of the 2, he would buy FedEx. This one has had some operational stumbles. In the last 2 holiday seasons, it has not executed the way FedEx has, and it has come home to roost.


Price: $97.230
Subject: US EQUITIES
Bias: UNKNOWN
Owned: Unknown
2015-07-22 TOP PICK Visa Inc.
V-N
Gordon Reid

A transaction company and transactions are growing internationally at 10%+, domestically and in Canada in the high single digits. They are able to grow their earnings at the 18%-20% annual rate. Not an inexpensive stock, but certainly the growth supports the valuation. Have a couple of things coming up that are exciting. They have the Olympics in Brazil as well as FIFA in Brazil. Both of those are sponsored by this company, and there is always a very big uptick in terms of transaction growth when advertise through these mediums. Dividend yield of 0.67%.


Price: $71.970
Subject: US EQUITIES
Bias: UNKNOWN
Owned: Yes
2015-07-22 DON'T BUY Whole Foods Market Inc.
WFM-Q
Gordon Reid

Suffered from a little bit of a slowdown. Opened a number of stores and there has been some cannibalization of existing stores. Same-store sales growth has been somewhat anaemic, and yet it continues to trade at a very, very high multiple.


Price: $41.150
Subject: US EQUITIES
Bias: UNKNOWN
Owned: Unknown
2015-07-22 COMMENT Westjet Airlines
WJA-T
Allan Meyer

This has come under a lot of pressure. There has been talk of the pilots unionizing. Also, they recently cut their 2nd quarter revenue forecasts. Analysts are now seeing that it has overshot on the downside and you need to pick it up. PE is less than 8 times. There should be further upside from here.


Price: $21.330
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2015-07-22 TOP PICK Winpak Ltd.
WPK-T
Allan Meyer

Has a wide variety of packaging stuff and are also into the pharmaceuticals as well. This has been one of the best performing stocks that he has owned. Management owns over 50% of the shares. Dividend yield of 0.28%.


Price: $43.550
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2015-07-22 BUY iShares S&P 500 (CAD-Hedged) ETF
XSP-T
Allan Meyer

ETF’s or stocks for $5000 a year TFSA account on a 10-12 your hold? He thinks a broad-based ETF would make a lot of sense. One of the indexes that he likes is the S&P 500, which is much better diversified than the Canadian one.


Price: $24.410
Subject: CANADIAN
Bias: UNKNOWN
Owned: Unknown
2015-07-22 COMMENT iShares S&P 500 (CAD-Hedged) ETF
XSP-T
Allan Meyer

An all season ETF for a dividend investor? He likes this one which gives you a much better diversification than you can get in the Canadian market. Their currency on this has been hedged away, so you are not going to worry about it going up and down, especially over a long time frame. If you want to be a bit more aggressive, there is the Purpose Core Dividend Fund (PDF-T).


Price: $24.410
Subject: CANADIAN
Bias: UNKNOWN
Owned: Unknown
2015-07-22 DON'T BUY Yum! Brands
YUM-N
Gordon Reid

When you overlay their current turmoil of food quality and the China situation, and that they are trading at about 25X earnings, he doesn’t understand why people would make an investment in this.


Price: $89.310
Subject: US EQUITIES
Bias: UNKNOWN
Owned: No
2015-07-21 COMMENT A Comment -- General Comments From an Expert
A Commentary
Hap (Robert) Sneddon FCSI

Markets. There has been some divergences building in the market which has made it harder for the market to go higher. Pushing higher is harder right now. Some parts of the market are working well, so some of the divergences may only be apply to the more procyclical part of the market. You need to look for where ever you can find investment opportunities. 2014 was a good year for defensive stocks, peaked in January, but then had a big sell-off and have come off to trend. He doesn't think the procyclicals are going to come off big time, but the defensive; the utilities, the staples, the healthcare, the biocare will come back to the forefront. The industrials will take a back seat.

 


Price: $0.020
Subject: TECHNICAL ANALYSIS
Bias: UNKNOWN
Owned: Unknown
2015-07-21 COMMENT A Comment -- General Comments From an Expert
A Commentary
Hap (Robert) Sneddon FCSI

Market breadth. We don't want the market to be lead by fewer and fewer stocks or you don't want the market being lead by the index.. Once some of these things change you get some bigger downside market corrections. Had some pretty good market breadth in early May, but ever since then we have had the market led by fewer and fewer stocks or led by the index. In 2007-08, the market breadth was showing narrow leadership, the indexes were rising up, and the XIUF was rising. We aren't seeing all the same indicators at that depth in today's market. “Just because we have run for 6 years doesn't mean we are going to have to be taken out to the wood shed”. It just means that we are right for a correction. This could happen either with price going down or in terms of time with things going sideways or a combination of both.

 


Price: $0.020
Subject: TECHNICAL ANALYSIS
Bias: UNKNOWN
Owned: Unknown
2015-07-21 N/A A Comment -- General Comments From an Expert
A Commentary
Barry Schwartz

Markets. Thinks it is just a general malaise that has gone on with IBM and Apple, and he doesn’t know why people are upset. Looking back at the beginning of July, it has been a pretty good month for the stock markets, and hopefully cooler heads will prevail in a few days.


Price: $0.020
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: _N/A
2015-07-21 COMMENT A Comment -- General Comments From an Expert
A Commentary
Barry Schwartz

Pipelines. Worries about Alberta, taxation, oil/gas prices and recession has weighed on every single Canadian company. Why are you buying these stocks? You are buying them for the dividend and growth. In this environment, when you are not getting anything from bonds and cash, people are forced to own more stocks. As a retiree, you are going to go to dividend paying companies. The lesson is to just own 1 or 2.


Price: $0.020
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: No
2015-07-21 N/A A Comment -- General Comments From an Expert
A Commentary
Barry Schwartz

Using 20% margin to purchase stocks? He will never use leverage for his clients unless they ask him to do it. There is no question that interest rates are very low, so it is cheap to borrow. Watch out. You are going to get your head handed to you. Stock markets can do weird and wacky things in a short period of time, and you can lose a lot of money.


Price: $0.020
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: _N/A
2015-07-21 BUY Apple
AAPL-Q
Barry Schwartz

Down 7% in after-hours, but he is a shareholder, not a trader. Traders are speculating on what earnings are going to be, but he sees a company whose revenues are up 30% year-over-year and quarter-over-quarter. Profits are growing and guidance looks pretty good. It is all about fundamentals. Stripping out the cash, he thinks they are guiding for over $9 a share in earnings. Would be buying more of this tomorrow if he already didn’t own so much. He tries to focus on the long-term on things he wants to own for 5 years. This stock is cheap.


Price: $130.750
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: Yes
2015-07-21 COMMENT AGT Food & Ingredients
AGT-T
Hap (Robert) Sneddon FCSI

Pretty good space. Gluten free is all the rage. The stock chart has been pretty whippy lately, pretty volatile. Would like to see the stock holding around $30.86 though. Right space, volatility is high, but the intermediate trend will go higher.


Price: $31.180
Subject: TECHNICAL ANALYSIS
Bias: UNKNOWN
Owned: Unknown
2015-07-21 COMMENT Alimentation Couche-Tard (B)
ATD.B-T
Hap (Robert) Sneddon FCSI

It is a really good space. It had a pretty good run. It may come off though. Recommends a consumer staple ETF.  Loblaws or Weston you could buy today, but may be a little bit expensive. Recommends Ticker XST on the TSX which has Couche Tard, Loblaws, Metro, Saputo and more.

 


Price: $57.510
Subject: TECHNICAL ANALYSIS
Bias: UNKNOWN
Owned: Unknown
2015-07-21 COMMENT Boeing
BA-N
Hap (Robert) Sneddon FCSI

Recently made an all time high, but then came down. He used to own it, but got rid of it in Feb. Anywhere between $145 and $140.00 is probably a pretty good buying range. If you own it, hold onto it. If it break $140.00 you might want to think of selling.

 


Price: $145.000
Subject: TECHNICAL ANALYSIS
Bias: UNKNOWN
Owned: Unknown
2015-07-21 COMMENT Bank of America
BAC-N
Barry Schwartz

He is very pleased about financial services. This is finally working. He prefers J.P. Morgan (JPM-N), which is a much higher quality company, and he feels much more confident about its outlook versus this bank. Valuations are not that much different dollar for dollar. He owns the one which is actually paying dividends.


Price: $18.080
Subject: NORTH AMERICAN - LARGE
Bias: UNKNOWN
Owned: No
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