Recent Opinions | StockChase
stockchase picture

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

Recent Opinions

Print
Date Signal Company Expert Opinion Price
2016-04-22 SELL Petromanas Energy Inc.
PMI-X
Josef Schachter

He likes the Albanian play. Had a very big discovery with deep light oil, but the problem was that the spend was getting out of hand. They tried to find partners, but didn’t get the bids they needed. Shell came in with an offer and offered them cash. That cash is now going to be distributed in the next 30-60 days to shareholders. The play that he wanted is now gone. If you own, wait for the dividend and then sell.


Price: $0.080
Subject: OIL & GAS
Bias: BEARISH on ENERGY
Owned: No
2016-04-22 DON'T BUY Paramount Resources
POU-T
Josef Schachter

They were building a massive facility to bring on a lot of natural gas, from the Montney, etc., and the problem was that they added a lot of debt. They finished 2015 at $1.7 billion of debt against $548 million of equity. Sold to Pembina under a contract basis to use the facilities, and they’ll pick up about $500 million which they can use to pay down some debt. On the positive side, it is trading at a significant discount to BV $5.18. His view is that the debt is still too high.


Price: $8.760
Subject: OIL & GAS
Bias: BEARISH on ENERGY
Owned: Unknown
2016-04-22 DON'T BUY Penn West Petroleum
PWT-T
Josef Schachter

The big issue is that they have a lot of debt. As their problems occurred, they had to sell, sell and sell. They now have $1.94 billion of debt, which is $3.86. BV is $5.84, so it is trading at a significant discount. Has long term debt out to 2020-2025. The big issue is that they took out $700 million impairment last year, and $1.1 billion the year before. They need a $45 number at the end of the year to not have another impairment. 2015 operating costs are higher than they should be. This is a Lottery 649 ticket.


Price: $1.380
Subject: OIL & GAS
Bias: BEARISH on ENERGY
Owned: Unknown
2016-04-22 COMMENT Sea Dragon Energy Inc.
SDX-X
Josef Schachter

Their main area is Egypt. Producing 1600 BOEs a day. The stock trades effectively at cash value, so you are paying nothing for the reserves they are producing, the upside from the Meseda play and the work they are doing in South Disouq. It is cheap. For small-cap investors it is a very undervalued security, but we have to see much more robust pricing, and recovery will take much longer than it will for the big caps.


Price: $0.405
Subject: OIL & GAS
Bias: BEARISH on ENERGY
Owned: Yes
2016-04-22 SELL Sterling Resources
SLG-X
Josef Schachter

A fabulous story. Had a big discovery in the UK North Sea. They brought it on and volumes ramped up. The problem is that the debt was so significant that they couldn’t work out an accommodation with the debt holders, who are in the process of taking over the company. The remaining equity shareholders will end up with 3%-4% of the company. If you own, just walk away and take your lumps.


Price: $0.010
Subject: OIL & GAS
Bias: BEARISH on ENERGY
Owned: No
2016-04-22 BUY on WEAKNESS Suncor Energy Inc
SU-T
Josef Schachter

(Market Call Minute.) A great, long term story. Pristine balance sheet and $4 billion in cash. Any time the stock gets to $30, it is a great, long term hold.


Price: $36.445
Subject: OIL & GAS
Bias: BEARISH on ENERGY
Owned: Unknown
2016-04-22 PAST TOP PICK Tamarack Valley Energy
TVE-T
Josef Schachter

(A Top Pick April 6/15. Down 5.36%.) A Cardium oil producer and have done a great job. They are building a dominant area at a very low cost. Likes the stock, but feels it is a bit ahead of itself right now. If it backed off to below $3, he feels it would be a table pounding Buy.


Price: $4.000
Subject: OIL & GAS
Bias: BEARISH on ENERGY
Owned: No
2016-04-22 COMMENT Vermilion Energy Inc
VET-T
Josef Schachter

One of the best managed companies out there. They did a smart thing and went international. They have production in the Netherlands, Ireland, Germany and Australia. All those areas have higher commodity prices than we do, especially in natural gas. This gives them a better cash flow generation. They are a low cost operator. Thinks this will give you a lot of upside on a conservative basis, going into the next phase of the cycle. Dividend yield of 6.2%.


Price: $41.500
Subject: OIL & GAS
Bias: BEARISH on ENERGY
Owned: Unknown
2016-04-22 SPECULATIVE BUY WesternZagros Resources Ltd.
WZR-X
Josef Schachter

Located in Kurdistan. This is probably sitting at its cash value of $0.05-$0.06. Found a lot of oil, but there is a gas cap there, and you have to produce the gas. Not enough revenue coming in to pay the overhead of the government and the salaries of the soldiers. This is a mess. They have a massive reserve, and you are paying nothing for it. As we go along, he thinks the US will want to support Kurdistan, as they are the only ones standing up to take on ISIS. If so, they need revenue and at some point they will bring on these assets again and will grow production over the next few years. For speculative investors, he would say Buy it and Hold it, because the potential is a 10 or 20 bagger.


Price: $0.075
Subject: OIL & GAS
Bias: BEARISH on ENERGY
Owned: Unknown
2016-04-21 N/A A Comment -- General Comments From an Expert
A Commentary
Kash Pashootan

Markets.  It’s the most significant bad news that happened over night that he focuses on first each morning.  China has been frequently generating bad news.  He has been 2/3rds US, 1/3rd Canada in recent months.  He can buy in on the US dollar and make money if it rallies.  Don’t be too worried about the US/Canadian dollar at this point because the best part of the move has already happened.  Defense's in Canada are some of the few that investors are revisiting because of a lack of alternatives.  Companies don’t want to come to the markets with IPOs when there is uncertainty in the market.


Price: $0.020
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: UNKNOWN
Owned: _N/A
2016-04-21 N/A A Comment -- General Comments From an Expert
A Commentary
Kash Pashootan

Equity Portion Portfolio Construction.  An ETF may not have diversification depending on where the bulk of the equity is.  It might just be a small number of big names.  A closed end fund can trade below net asset value where as an ETF would not.  He thinks you should build a full portfolio of stocks, rather than rely on one ETF.  If you own ETFs and stocks, then make sure you are aware of where your stocks may be held within your ETFs.


Price: $0.020
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: UNKNOWN
Owned: _N/A
2016-04-21 DON'T BUY A Comment -- General Comments From an Expert
A Commentary
Kash Pashootan

Dividend payout ratio over 100 – is it safe? It means they are laying out more than they make and it happens mostly via leverage.  It is not a viable long term solution and should raise eyebrows.  It has to be a unique situation that makes you buy when the payout ratio is over 100%.  Choose something that is more defensive.


Price: $0.020
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: UNKNOWN
Owned: Unknown
2016-04-21 N/A A Comment -- General Comments From an Expert
A Commentary
Kash Pashootan

Capital losses can be carried forward indefinitely so this can be used to offset big gains.  You should make investment decisions based on the investment merit, rather than the tax considerations.  You have your money in something that performs.


Price: $0.020
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: UNKNOWN
Owned: _N/A
2016-04-21 N/A A Comment -- General Comments From an Expert
A Commentary
Kash Pashootan

For an RRIF you know you have mandatory withdraws on an annual basis. You want to make sure you have liquidity in that account.  It is important to maintain balance between fixed and equities in each registered and non-registered account.  Knowing there is a need to withdraw, holding dividend yielding stocks is essential.  You don’t want to be forced to sell assets below what you paid for them for liquidity.  Don’t be afraid to hold some cash in an RRIF.  Don’t try to hit home runs in a TFSA.  Keep it diversified.


Price: $0.020
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: UNKNOWN
Owned: _N/A
2016-04-21 COMMENT A Comment -- General Comments From an Expert
A Commentary
Kash Pashootan

Minimum Rate Preferred Shares.  There are different types of preferred shares.  They can look and feel like a bond.  But you don’t see a lot of those.  Perpetuals don’t have a maturity date.  It will trade like a bond that is 30-40 years long and so be sensitive to interest rates.  Fixed rate resets have a fixed term of maybe 5 years and at the end of the term the issuer can extend it for another 5 years if they want to, but they will be at the Gov’t rate for 5 years plus a small premium.  He is cautious on perpertuals because we are at all time low rates. 


Price: $0.020
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: UNKNOWN
Owned: Unknown
2016-04-21 N/A A Comment -- General Comments From an Expert
A Commentary
Alex Ruus

Markets. There seems to be a lot of negative news around, but the market in the last 1 ½ months has been pretty darn good. It caught a lot of managers offside as a lot of them bought into the negative sentiment. You can’t make money being on the sidelines. Ever since the 2008-2009 downturn the negative attitude has really taken over. Any time there is a small pull back, everybody is expecting it to happen again. The reality is that things are not bad. We have that low, low interest rate environment that is good from a multiple aspect.


Price: $0.020
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: _N/A
2016-04-21 DON'T BUY Pure Industrial Real Estatetrust Trust
AAR.UN-T
Kash Pashootan

Continue to trade it.  He is not a trader, however.  The price they pay for assets has continually increased, but cash flows have not increased at the same rate so they are trading at more and more of a premium.  It is not a long term investment.  You can get a similar yield with less risk elsewhere.


Price: $4.990
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: UNKNOWN
Owned: No
2016-04-21 DON'T BUY AutoCanada Inc.
ACQ-T
Alex Ruus

Canada’s largest auto retailer. They rollup auto dealerships. At this point he would not recommend it. This is a good consolidation play longer-term, but unfortunately almost half their exposure is in Alberta. Considers this as a value trap at this time.


Price: $21.420
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Unknown
2016-04-21 TOP PICK Alaris Royalty
AD-T
Alex Ruus

This is a great, great company. A royalty owner in non-resource private companies. A really well run company with a conservative balance sheet. Trading at 13X 2007 earnings. Thinks there has been 10 dividend increases over the last 5 years. Dividend yield of 5.3%.


Price: $30.620
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Yes
2016-04-21 PAST TOP PICK Anthem Inc
ANTM-N
Alex Ruus

(A Top Pick April 7/15. Down 3.3%.) The #2 healthcare insurer in the US. In the long term, this has been a great performer. Really cheap and has been one of the beneficiaries of Obama care, as well as general healthcare trends. They help the consumer get best healthcare value. Dividend yield of 2% that grows every year. Still a Buy.


Price: $145.910
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Yes
2016-04-21 DON'T BUY Bank of America
BAC-N
Kash Pashootan

US financials have really been a point of discussion for the last several years.  This is one of the largest and most wide spread names.  Over the last year it has struggled with a loss of 10% and is down YTD.  At the surface, all their businesses are checkmarks.  The day to day banking is the biggest opportunity in the US.  This is 60% of BAC-N, but not all parts of the US are recovering at the same pace.  He prefers regional banks or a pure play for investment banking.


Price: $14.900
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: UNKNOWN
Owned: Unknown
2016-04-21 HOLD BlackBerry
BB-T
Alex Ruus

(Market Call Minute.) The bad news is more or less baked into the stock. Execution needs to happen over the coming year.


Price: $9.040
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Unknown
2016-04-21 BUY Brookfield Infrastucture Partners
BIP.UN-T
Kash Pashootan

The name is synonymous with high quality.  It makes sense in an overall portfolio.  He has found better places to find growth.  He targeted other yield plays such as ENB-T.  He would be a buyer otherwise.  The yield is safe.


Price: $53.200
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: UNKNOWN
Owned: Unknown
2016-04-21 HOLD Boralex Inc.
BLX-T
Alex Ruus

(Market Call Minute.) An alternative energy generator. A good solid long-term business. This would be a Buy if it were down 20%.


Price: $16.350
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Unknown
2016-04-21 DON'T BUY CitiGroup
C-N
Kash Pashootan

A lot like BAC-N commented on in the same show.  Many retail investors don’t have the time or interest to look at all the regional banks.  It has been tough to make money on this one since the recovery started.  The dividend is not overly attractive.  There are better places for the capital.


Price: $46.600
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: UNKNOWN
Owned: Unknown
2016-04-21 DON'T BUY Cameco Corporation
CCO-T
Alex Ruus

Uranium. Long-term he thinks this is a great, great company. In the short term, this is a difficult sector. Uranium is hitting 10 year lows on the spot market. If you want to invest in uranium, this is a wonderful way. In the short term, he doesn’t see the stock going up. Uranium prices are hitting new lows.


Price: $15.660
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Unknown
2016-04-21 BUY CI Financial Corp
CIX-T
Alex Ruus

(Market Call Minute.) The whole asset management sector is undervalued. He likes this.


Price: $27.540
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Unknown
2016-04-21 TOP PICK Corus Entertainment (B)
CJR.B-T
Kash Pashootan

It has been out of favour with investors.  The fears of pick and play are overblown.  0.6% of subscribers have gone for it.  Now that the SJR.B-T deal is done they have focused their offering.  The dividend is high, but the coverage is also high.


Price: $11.870
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: UNKNOWN
Owned: No
2016-04-21 COMMENT Canadian Pacific Rail
CP-T
Alex Ruus

A solid, solid company. Probably the best performing rail in the last 3 years. Over the last 20 years, rails have been phenomenal performers. They are good, solid, long term businesses, and he would never argue with a client owning these. In the short term, they are under a bit of pressure. Their most profitable business is hauling commodities which is under pressure. He is not in a big hurry to buy these because he thinks they continue to be a bit weak in the short term.


Price: $191.170
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Unknown
2016-04-21 WEAK BUY CRH Medical Corp.
CRH-T
Alex Ruus

A good health care services firm. This would be a Hold to a Weak Buy at this time. Really likes what they have done longer-term. If you can get this at the bottom of the 52 week trading range, that would be his Buy point. He likes management and what they are doing long term.


Price: $4.000
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Unknown
2016-04-21 COMMENT Concordia Healthcare
CXR-T
Alex Ruus

Stock was halted today because of a potential takeover. Has never liked the stock. It is an over levered company. If the takeover does not turn out to be real, he feels it will drop back down to where it was. (BNN suggests you look at today’s interview that ran from 2:00-4:00.)


Price: $38.650
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: No
2016-04-21 DON'T BUY Dunkin' Brands Group
DNKN-Q
Kash Pashootan

They have been a fairly attractive, low price provider of ‘junk’ food.  There has been a shift in North America toward more healthy eating and they have not gone that way so he would stay away from it.  He sees value in SBUX-Q, with 21k stores in 66 countries with a brand as strong as ever.


Price: $47.610
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: UNKNOWN
Owned: Unknown
2016-04-21 PAST TOP PICK EnerCare Inc
ECI-T
Kash Pashootan

(Top Pick Apr 16/15, Up 12.47%) They shifted from water heater sales to rentals because it creates a recurring revenue stream.  A nice yield when it is hard to get a safe yield.  5.3% dividend.


Price: $16.030
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: UNKNOWN
Owned: Yes
2016-04-21 PAST TOP PICK Element Financial
EFN-T
Alex Ruus

(A Top Pick April 7/15. Down 11.19%.) A commercial leasing company, and are just in the throes of splitting up into 2 companies over the coming year. Really well run by a seasoned management team. Cheap, trading at 7X 2017 earnings.


Price: $15.040
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Yes
2016-04-21 PAST TOP PICK Emera Inc
EMA-T
Kash Pashootan

(Top Pick Apr 16/15, Up 18.5%) It did a significant acquisition which grew their presence in the US.  EMA-T has really benefited from the sentiment of interest rates going up when they actually went down.  Going forward the dividend is safe. He sees some upside because 70% of their assists are now in the US.  You will see a life in the increased rates they get there.


Price: $46.650
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: UNKNOWN
Owned: Yes
2016-04-21 HOLD Enbridge
ENB-T
Kash Pashootan

He likes it at these levels as it was painted with the same brush as other energy names.  It was mispriced.  It is up about 15% from January, but off of its highs.  You have the opportunity to collect that dividend and some share price appreciations.  Don’t be in a rush to sell it. 


Price: $53.690
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: UNKNOWN
Owned: Unknown
2016-04-21 WEAK BUY Enbridge Income Fund Holdings
ENF-T
Kash Pashootan

You are there for the yield.  ENB-T gives you less yield but more upside.  Over the last year they have both been hammered, but ENB-T has recovered and this one has not.  If you can tolerate less yield, then ENB-T is the more attractive investment.


Price: $29.230
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: UNKNOWN
Owned: Unknown
2016-04-21 WEAK BUY Enbridge Income Fund Holdings
ENF-T
Alex Ruus

A partial spin-out out of Enbridge (ENB-T), and what he would consider as the high income part of Enbridge. It gives you a higher yield, but less growth. At these levels, he likes this. Won’t give you a ton of appreciation, but will give you a steady income.


Price: $29.230
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Unknown
2016-04-21 TOP PICK First American Corp.
FAF-N
Kash Pashootan

Title Insurance is the meat and potatoes of what they do.  If the US housing markets continue to plug along then this one will do well.  It is also a future play on rates.  If they rise, then this one stands to benefit.


Price: $35.590
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: UNKNOWN
Owned: Yes
2016-04-21 HOLD Flyht Aerospace Solutions
FLY-X
Alex Ruus

A micro-cap stock. Potentially a multi-bagger. They are penetrating the commercial aerospace market. Stock has not done well because things are taking longer to develop in terms of revenues and earnings than had been expected. Just reported their 4th quarter, making a slight profit. Revenues were up 60%. He is looking for a big break-out this year. Many of the airplane manufacturers are installing their box.


Price: $0.170
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Yes
2016-04-21 WATCH General Electric
GE-N
Kash Pashootan

(Market Call Minute) He is taking a close look at it.  They have done a good job of executing, getting rid of GE capital.


Price: $30.980
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: UNKNOWN
Owned: Unknown
2016-04-21 BUY Gildan Activewear Inc.
GIL-T
Kash Pashootan

(Market Call Minute) Has been off recently and we had a bounce back.  10 of their clients are 70% of revenue.  He likes the name because of international expansion.


Price: $39.030
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: UNKNOWN
Owned: Unknown
2016-04-21 TOP PICK Gilead Sciences Inc.
GILD-Q
Alex Ruus

This is one of the cheap stocks. A $130 billion market cap company that generates $20 billion of free cash flow every year. The stock has come off, mostly because of Hillary Clinton and other politicians going on about expensive drugs. They have a state-of-the-art drug that cures hepatitis C. 14% free cash flow yield. Dividend yield of 1.69%.


Price: $101.740
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Yes
2016-04-21 COMMENT InnVest Reit
INN.UN-T
Kash Pashootan

(Market Call Minute) He believes they are overpaying for assets.  The yield for the most part is safe.


Price: $5.240
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: UNKNOWN
Owned: Unknown
2016-04-21 COMMENT Input Capital Corp
INP-X
Alex Ruus

An interesting little firm. It is in the general royalty investment area. They put up money to help farmers invest in growing canola. They assign a scientist to help it in an optimum way to get high yields. They finance it and then get some of the crop back at a certain price. Conceptually he likes what they are doing, but their stumble has caused a bit of a stall and concern.


Price: $1.590
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: No
2016-04-21 WEAK BUY Lithium X Energy Corp
LIX-X
Alex Ruus

An exploration company for lithium. Lithium is a very trendy area these days, kind of on the back of Tesla launching the model 3. A lot of the stocks have doubled or tripled in the last month or 2. Lithium is basically an industrial mineral, and there is quite a bit of it available globally. Most of the market is controlled by 3 major producers. It is a little opaque trying to find out what is going on. Speculative.


Price: $2.110
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: No
2016-04-21 TOP PICK McDonalds
MCD-N
Kash Pashootan

He did well when it was a top pick a year ago.  It is good if you have a balanced portfolio.  They have turned things around with the new menu, delivery and the apps.  The beta is 0.6 so it is half as volatile as the entire market.  You can live with it in the bad times.  This allows you to be in the market, but not lose sleep at night. 


Price: $125.790
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: UNKNOWN
Owned: Yes
2016-04-21 PAST TOP PICK Magna Int'l. (A)
MG-T
Kash Pashootan

(Top Pick Apr 16/15, Down 15.64%) It is unfortunate the share price has not performed.  They benefit regardless of which auto manufacturer does well.  There is a cooling of interest in this space.  This is 9 times earnings and is cheap, but all in this space trade at a discount to the market.


Price: $54.910
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: UNKNOWN
Owned: Yes
2016-04-21 TOP PICK Magna Int'l. (A)
MG-T
Alex Ruus

Number 2 auto parts company globally. A beneficiary of the globalization of the auto industry. They are buying back stock and have a 6% free cash flow yield. Cheap at 7X 2017 earnings. Dividend yield of 2.41%.


Price: $54.910
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Yes
2016-04-21 COMMENT Merus Labs International
MSL-T
Alex Ruus

A small-cap Canadian specialty pharma company. He likes management, but this has taken on more leverage than they should have. Would like to see an equity issue out of the company in order to de-lever the balance sheet a bit more.


Price: $1.920
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: No
2016-04-21 PAST TOP PICK Neptune Tech & Bioresource
NTB-T
Alex Ruus

(A Top Pick April 7/15. Down 44.35%.) He is still buying this. The old management was booted out, and a really good new management has come in. Just announced excellent 4th quarter results in February. Revenue was up 160% year-over-year, and the company is profitable again.


Price: $1.220
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Yes
2016-04-21 DON'T BUY Potash Corp of Saskatchewan
POT-T
Kash Pashootan

He is not concerned about the valuation, but about the dividend.  He does not think they cut it enough when they did so.  He prefers AGU-T.


Price: $22.990
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: UNKNOWN
Owned: No
2016-04-21 SELL RioCan Real Estate Investment
REI.UN-T
Kash Pashootan

There is such a hunt for yield.  The cash flow from these companies is paid out to shareholders in a juicy fashion.  They are very interest sensitive.  He would not rule out an interest rate cut in Canada after this year and that would not bode badly for REITs.  For this one you have to ask if you are there for yield or appreciation.  This is a mature company that all investors are aware of.  He does not see significant upside.  There are other places you could get this yield.


Price: $26.660
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: UNKNOWN
Owned: Unknown
2016-04-21 BUY Royal Bank
RY-T
Kash Pashootan

(Market Call Minute) Part of a balanced portfolio.  Make sure you have some Canadian banks in there.  He has other Canadian banks in his portfolio.


Price: $77.510
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: UNKNOWN
Owned: No
2016-04-21 COMMENT Surge Energy Inc
SGY-T
Alex Ruus

A nice little oil/gas producer. Before investing in any commodity stock, make sure you have a view of where the commodity is going. The energy area has been a particularly brutal area in the last 1 ½ years. Right now you really have to pay attention to 1) where you think the oil prices are going and 2) look at the balance sheet and make sure it is at under 2X debt to EBITDA or cash flow. Hasn’t looked at their balance sheet recently. 


Price: $2.290
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Unknown
2016-04-21 DON'T BUY Twitter, Inc
TWTR-N
Kash Pashootan

If you are looking in this world he would guide you here, but he does not own this because he is more conservative.  They have not been nearly as successful as some other social media platform in monetizing users.  Take a good look at Facebook if that is where your interests lie.


Price: $17.510
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: UNKNOWN
Owned: No
2016-04-21 HOLD Visa Inc.
V-N
Alex Ruus

(Market Call Minute.) A very good solid, long term franchise. This would be a Buy at the 52-week low.


Price: $80.790
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: Unknown
2016-04-21 DON'T BUY Valeant Pharmaceuticals
VRX-T
Alex Ruus

Very controversial name, and one he doesn’t like. The poster boy for over leveraging their balance sheet. It is going to take a long, long time for them to deleverage it. Most of the value is in the debt holders’ hands. The bonds would be a better place to invest.


Price: $42.470
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: No
2016-04-21 DON'T BUY Verizon Communications
VZ-N
Kash Pashootan

The CEO made it clear they are on a cost cutting rampage and it should add to the bottom line.  He prefers Canadian names because the barrier to entry is higher and there is less competition.  In the US he prefers AT&T. 


Price: $50.030
Subject: NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION
Bias: UNKNOWN
Owned: Unknown
2016-04-21 COMMENT Whitecap Resources
WCP-T
Alex Ruus

(Market Call Minute.) Make sure you know where oil is going. This would be a Hold to a weak Sell. He might look at this in 6 months’ time.


Price: $9.840
Subject: NORTH AMERICAN
Bias: OPTIMISTIC
Owned: No
Showing 241 to 300 of 151,206 entries
<< < 3 4 5 6 7 > >>