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
2016-08-31 N/A A Comment -- General Comments From an Expert
A Commentary
Erin Gibbs

Market. Doesn’t believe the US Federal Reserve will pull the trigger on an interest rate increase in September. She doesn’t expect a rate rise until the November or December meetings. We are still running well below inflation targets. The big number is going to be the jobs report this Friday. Because the rate increase has been expected for so long, if it happens, she wouldn’t expect as much of a shock or pullback in the market. In the 4th quarter, she is expecting double digit earnings gains.


Price: $0.000
Subject: US EQUITIES
Bias: OPTIMISTIC
Owned: _N/A
2016-08-31 N/A A Comment -- General Comments From an Expert
A Commentary
Erin Gibbs

Effect of a strong US$ on the price of oil? A stronger US$ makes oil more expensive for other countries, because oil is US dollar denominated. However, the real impact is the supply chain. What might be more of an impact than a stronger US$, is foreign revenues. When foreigners want to repatriate all the money they have made, the impact is going to be less. About 40% of all revenues for S&P 500 companies come outside of the US, and could create some headwinds when it comes to Company’s earnings. $40-$50 oil does not make these companies terribly profitable. They still have another year of recovery, and she would say oil should be under weighted in a portfolio until there is some true stability in the upper $40.


Price: $0.000
Subject: US EQUITIES
Bias: OPTIMISTIC
Owned: _N/A
2016-08-31 DON'T BUY A Comment -- General Comments From an Expert
A Commentary
Erin Gibbs

Gold miners? Gold is really a defensive play. You can see it do well when we are very much in a “risk off” scenario. Right now, she just doesn’t see that on the horizon. She doesn’t see any fear in the market that would propel gold too much higher levels. Unless we see a real risk in the economy, or some sort of big shock, she would prefer staying in the equity markets.


Price: $0.000
Subject: US EQUITIES
Bias: OPTIMISTIC
Owned: Unknown
2016-08-31 TOP PICK Apple
AAPL-Q
Erin Gibbs

One of your safety stocks within the technology space. She expects some revenue growth and some increase in the iPhone 7 for this quarter, as well as nice growth in the 4th quarter in sales. Even though she doesn’t see huge changes, the age of the iPhone is getting old enough that she does see a replacement cycle coming in this year. Also they have $29 per share in cash, either to pay higher and higher dividends or to do more share repurchases. Dividend yield of 2.14%.


Price: $0.000
Subject: US EQUITIES
Bias: OPTIMISTIC
Owned: Yes
2016-08-31 HOLD Allergan PLC.
AGN-N
Erin Gibbs

On some of the pharmaceuticals we consistently see some strong volatility, particularly if they lose a trial or their main drugs become generic. Rather than looking at some of these pharmaceuticals, she prefers Biotech’s such as Gilead (GILD-Q) or Celgene (CELG-Q). That is where we are really seeing some of the growth, along with fairly attractive valuations. (See Top Picks.)


Price: $0.000
Subject: US EQUITIES
Bias: OPTIMISTIC
Owned: Unknown
2016-08-31 COMMENT Bank of America
BAC-N
Erin Gibbs

This is one of her lesser favourite diversified financials, and she sees this as Fair Value at this point. They have very low net interest margins. Although she sees mortgage applications being very strong, this bank has not been able to take advantage of that, because of low interest rates. She is not a big fan of this bank.


Price: $0.000
Subject: US EQUITIES
Bias: OPTIMISTIC
Owned: Unknown
2016-08-31 PAST TOP PICK Bed Bath & Beyond
BBBY-Q
Erin Gibbs

(A Top Pick June 13/16. Up 7.61%.) This is really a reflection of what we have been seeing in the past couple of months, a stronger US consumer and stronger housing sales. Also they have finally got their online sales a little more together.


Price: $0.000
Subject: US EQUITIES
Bias: OPTIMISTIC
Owned: Yes
2016-08-31 COMMENT BankUnited, Inc
BKU-N
Erin Gibbs

A regional bank that has a lot of exposure to small business loans, but trading at rather high valuations, and we are not really seeing the growth. There are more attractive regional banks that are seeing better growth, such as Zions Bank (ZION-Q). BankUnited would be a Hold, or just stay away.


Price: $0.000
Subject: US EQUITIES
Bias: OPTIMISTIC
Owned: Unknown
2016-08-31 COMMENT CenturyLink Inc
CTL-N
Erin Gibbs

A company in transition. It went from being very focused and very established in land lines, and is slowly trying to change into more towers and global networks. There is probably another year of this transition. You buy this because of the dividend yield of 7.5%. There is not a ton of volatility because they have had a pretty consistent execution plan, where the landline is decreasing and the mobile is increasing. Don’t expect the price to appreciate, just be happy with the dividend.


Price: $0.000
Subject: US EQUITIES
Bias: OPTIMISTIC
Owned: Unknown
2016-08-31 DON'T BUY 3D Systems
DDD-N
Erin Gibbs

This company really had to change their strategy from focusing on retail buyers, to more industrial and business based. That has been successful, but it looks like it is going to take some time. Also there have been new players coming into the market that are increasingly competitive. There is a lot of uncertainty around 3-D printing in general, and who is going to be the ultimate buyer. Also, if Hewlett-Packard (HPQ-N) enters the market, that is definitely going to hurt this company. There is just too much risk and uncertainty.


Price: $0.000
Subject: US EQUITIES
Bias: OPTIMISTIC
Owned: Unknown
2016-08-31 DON'T BUY Dollar General Corp.
DG-N
Erin Gibbs

In spite of the big drop, it is just coming back to normal valuations. They had thought they were going to grow same-store sales by offering more food, and that just hasn’t happened. Also, their space in the lower income consumer, really hasn’t seen some of the growth and improvement in the US economy that some of the other areas have. Still trading at very high multiples.


Price: $0.000
Subject: US EQUITIES
Bias: OPTIMISTIC
Owned: No
2016-08-31 BUY Walt Disney
DIS-N
Erin Gibbs

Shanghai Disney is really a very small portion of their overall revenues. What she really looks at are their channels, Disney and ABC. Advertising is coming very strong. The Marvel comics films, all the merchandise surrounding that has been an absolute windfall for them, as well as the Star Wars. She is expecting about 7% in revenue growth this year, and another 5% next year.


Price: $0.000
Subject: US EQUITIES
Bias: OPTIMISTIC
Owned: Unknown
2016-08-31 BUY Facebook
FB-Q
Erin Gibbs

She likes this. She sees very good earnings and revenue growth coming. Has decent valuations. This has a very strong management team, and has really been able to execute on all their plans. This is the kind of great long-term holding that you want.


Price: $0.000
Subject: US EQUITIES
Bias: OPTIMISTIC
Owned: Unknown
2016-08-31 HOLD General Dynamics Corp.
GD-N
Erin Gibbs

Raytheon (RTN-N) or General Dynamics (GD-N)? In defence, spending is expected to decrease, not increase. Most of the growth is expected to come from outside of the US. This one is trading at fair value and she would call this a Hold. Raytheon looks slightly more attractive.


Price: $0.000
Subject: US EQUITIES
Bias: OPTIMISTIC
Owned: Unknown
2016-08-31 TOP PICK Gilead Sciences Inc.
GILD-Q
Erin Gibbs

There has been a lot of concern about some of the competition coming from Merck (MRK-N) hep C medication. Right now, Gilead is really the market leader for hep C and HIV treatment. They had to lower some of the pricing and make the treatment a little shorter, which is good for the patient. However, they have still been able to maintain about 80% of the market share. This is a great value in the biotechnology sector. Dividend yield of 2.41%.


Price: $0.000
Subject: US EQUITIES
Bias: OPTIMISTIC
Owned: Yes
2016-08-31 COMMENT Home Depot
HD-N
Erin Gibbs

The US housing market has really recovered, and in fact US home sales were the highest since before 2007. This is one of her favourites and strongest in the US housing sector. They have a lot of online sales. 


Price: $0.000
Subject: US EQUITIES
Bias: OPTIMISTIC
Owned: Yes
2016-08-31 PAST TOP PICK IBM
IBM-N
Erin Gibbs

(A Top Pick June 13/16. Up 5.83%.) This is a long term holding. She sees them executing in a lot of their changing, going from more consulting services, cloud computing, mobile services. Has an attractive dividend yield.


Price: $0.000
Subject: US EQUITIES
Bias: OPTIMISTIC
Owned: Yes
2016-08-31 HOLD Microsoft
MSFT-Q
Erin Gibbs

Sees this as a Hold, more of a market perform. A lot of this has to do with the PC market and with PC upgrades slowing down. Also, doesn’t see any accretive contribution on their recent LinkedIn acquisition. They have struggled with a lot of their mobile applications. Also revenue growth seems to be pretty meager. They have an enormous amount of revenue from outside the US, so the strong US$ hurts.


Price: $0.000
Subject: US EQUITIES
Bias: OPTIMISTIC
Owned: Unknown
2016-08-31 DON'T BUY Paychex
PAYX-Q
Erin Gibbs

There is an enormous amount of competition between this and Automatic Data Processing (ADP-Q). She sees competition as holding them both back. They are both trading at very high multiples in the upper 20s, and you are really not getting paid for it in growth. She doesn’t see this as attractive. Trading at 27X forward earnings.


Price: $0.000
Subject: US EQUITIES
Bias: OPTIMISTIC
Owned: Unknown
2016-08-31 COMMENT Raytheon
RTN-N
Erin Gibbs

Raytheon (RTN-N) or General Dynamics (GD-N)? In defence, spending is expected to decrease, not increase. Most of the growth is expected to come from outside of the US. This company looks slightly more attractive, because they have more exposure to international growth.


Price: $0.000
Subject: US EQUITIES
Bias: OPTIMISTIC
Owned: Unknown
2016-08-31 TOP PICK Sprouts Farmers Market, Inc.
SFM-Q
Erin Gibbs

She likes this company, because they do reasonably priced food. They are expecting 14% revenue growth next year, and 4% same-store sales growth. It is a high growth company in the consumer staples space. Also they tend to have smaller square footage stores. They’ve seen some good growth in the number of stores, and are expecting to expand their stores by 16% this year.


Price: $0.000
Subject: US EQUITIES
Bias: OPTIMISTIC
Owned: Yes
2016-08-31 BUY A T & T US
T-N
Erin Gibbs

She likes a lot of the very stable telecom companies. Both AT&T and Verizon (VZ-N) look similar to her, and offer similar dividends. Both would be income plays, not a price appreciation play. 4.7% dividend.


Price: $0.000
Subject: US EQUITIES
Bias: OPTIMISTIC
Owned: Unknown
2016-08-31 COMMENT TJX Companies
TJX-N
Erin Gibbs

One of her favourite retailers. A little pricey when it comes to valuations, but they are the one retailer that really has been able to have consistent same-store sales growth. As a brick/mortar store one thing they have done really well is coming up with an advertising campaign that makes shopping an experience. It advertises as more of a hunt, which encourages shoppers to keep coming back to the stores on a more frequent basis. This is going to do well for them coming into the holiday season.


Price: $0.000
Subject: US EQUITIES
Bias: OPTIMISTIC
Owned: Unknown
2016-08-31 COMMENT United Technologies
UTX-N
Erin Gibbs

Although this is aerospace, they also have a lot of other businesses, including elevators and air conditioners. She is expecting them to grow in air conditioners, because of all the new home sales in the US. Good revenue growth. Trading at about 16X Forward Earnings, which is less then the S&P 500, but she is expecting higher growth in the market, and expects this to be a “market outperform”.


Price: $0.000
Subject: US EQUITIES
Bias: OPTIMISTIC
Owned: Unknown
2016-08-31 BUY Visa Inc.
V-N
Erin Gibbs

We are less and less of a cash-based system, and this is one of those companies that is growing. Also their international revenues are increasing. She sees this as a long-term, secular upward trend, and a good Buy.


Price: $0.000
Subject: US EQUITIES
Bias: OPTIMISTIC
Owned: Unknown
2016-08-31 PAST TOP PICK Williams-Sonoma Inc.
WSM-N
Erin Gibbs

(A Top Pick June 13/16. Up 4.12%.) Hasn’t quite seen some of the run-up that she would like, or some of the same store sales growth she had been hoping for. From a valuation point of view, she now considers this as a Hold. The well-heeled consumer will remain, but the real growth in the economy is more from middle America, and this company is just not going to participate in the growth as much.


Price: $0.000
Subject: US EQUITIES
Bias: OPTIMISTIC
Owned: Yes
2016-08-31 COMMENT Exxon Mobil
XOM-N
Erin Gibbs

Large oil/gas favourite? One of her favourites would be Exxon Mobile. They offer an attractive dividend yield. Valuations have become a little more reasonable. A well diversified structure. Good product mix between oil and gas. 3.5% dividend yield.


Price: $0.000
Subject: US EQUITIES
Bias: OPTIMISTIC
Owned: Unknown
2016-08-30 N/A A Comment -- General Comments From an Expert
A Commentary
Eric Nuttall

Market. We have had a good move in oil and oil stocks, and thinks people are waiting for the next couple of months to play themselves out to get more conviction in terms of shorter-term direction. He’s been calling for $60 oil for next year. September is usually a poor month for energy stocks and oil. Now we have the distraction of having an OPEC meeting at the end of September, whether it be a freeze or no freeze. Whether they formally agree or not to increase production, is a bit of a joke, but the market has really gotten caught up in it. We have also seen speculative net length in oil itself, increase pretty materially and at the same time there has been a huge drawdown in the Short interest in oil. The oil price must really be high enough that allows US industry to drill enough to grow production once again.


Price: $0.020
Subject: CANADIAN ENERGY & SMALL CAP
Bias: UNKNOWN
Owned: _N/A
2016-08-30 N/A A Comment -- General Comments From an Expert
A Commentary
Eric Nuttall

Oil or gas? This was topical earlier this year when people were bearish on oil, and then everybody piled into the natural gas names, and not inflated the multiples. He would say that natural gas names are relatively more expensive, so his predisposition would be to buy oil names. Gas is capped whereas oil you could have a pretty significant spike in the next few years. However, he prefers looking at this through individual companies.


Price: $0.020
Subject: CANADIAN ENERGY & SMALL CAP
Bias: UNKNOWN
Owned: _N/A
2016-08-30 HOLD A Comment -- General Comments From an Expert
A Commentary
John Stephenson

Telecom for an income investor? He likes the telecom sector. It is interest rate sensitive, because typically they are a lower growth sector. The whole idea of whether interest rates go up or not is open to debate. He is very skeptical that rates will go up. Would be inclined to stick with US holdings, and lighten up on Canadian holdings, because valuation is cheaper in the US.


Price: $0.020
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: UNKNOWN
Owned: Unknown
2016-08-30 COMMENT Apple
AAPL-Q
John Stephenson

The European commission is saying to the Irish government that they need to go to Apple and get back 13 billion euros in back taxes. This is outrageous. They are really using competition policy to go after this, and essentially their trampling over the sovereignty of Ireland, who can decide what tax rate to achieve. Thinks it is overreaching.


Price: $106.000
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: UNKNOWN
Owned: Unknown
2016-08-30 COMMENT Apple
AAPL-Q
John Stephenson

Thinks the bull case for this is that it is cheap and has tons of cash. However, it is hard to see, with 65% of its earnings coming from the iPhone, what is next. It is hard to see how this will grow, as you are not going to get it through iPhone sales or through iPad. A great company with great iconic products, but how do you grow that business?


Price: $106.000
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: UNKNOWN
Owned: Unknown
2016-08-30 COMMENT Absolute Software Corp.
ABT-T
Eric Nuttall

Sold his holdings earlier this year because, as the company was entering into a transition point where they are investing more in research development and are in more sales staff, there is going to be a compression and margins in the story would just stall out. Intends to revisit this sometime in 2017. They are holding around $60 million in net cash, so the dividend is safe.


Price: $7.100
Subject: CANADIAN ENERGY & SMALL CAP
Bias: UNKNOWN
Owned: No
2016-08-30 SELL Agnico-Eagle Mines
AEM-T
John Stephenson

(Market Call Minute.) This should have been sold a week ago.


Price: $66.510
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: UNKNOWN
Owned: Unknown
2016-08-30 HOLD American International Group
AIG-N
John Stephenson

(Market Call Minute.)


Price: $59.640
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: UNKNOWN
Owned: Unknown
2016-08-30 BUY Algonquin Power & Utilities Corp
AQN-T
John Stephenson

Thinks this is a great company. Has a good yield and reasonable growth.


Price: $11.850
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: UNKNOWN
Owned: Yes
2016-08-30 SELL Amaya Gaming Group Inc.
AYA-T
Eric Nuttall

There was a taint on this due to the previous CEO who resigned. You are now left with a business where they are they market leader in a declining business (poker), but are going to be offsetting that. This has so much animosity that it would be a Sell. (See Top Picks.)


Price: $19.620
Subject: CANADIAN ENERGY & SMALL CAP
Bias: UNKNOWN
Owned: Unknown
2016-08-30 PARTIAL SELL Boeing
BA-N
John Stephenson

He would not be a buyer, but would Sell, or a Hold at best. It has a credible backlog of about 8 years of production ahead of it, but part of that is premised on a lot of emerging-market sales. A great company, but thinks it has peaked. He would be inclined to lighten up.


Price: $130.810
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: UNKNOWN
Owned: Unknown
2016-08-30 TOP PICK Birchcliff Energy Ltd.
BIR-T
Eric Nuttall

A natural gas name that has re-birthed from an acquisition with Encana (ECA-T) on the Gordon Dell property. It is still trading at a discount valuation. He thinks people will recognize how cheap this name is relative to its fundamentals. On a forward basis he would have it trading at about 7.2X cash flow. Its peers trade at 8X or 9X, and yet with this property acquisition, they’ve increased inventory to a highly perceptive liquids rich play. Most importantly, they have taken down their debt. He is looking at a $13 share price in 2 years, if using an 8X multiple.


Price: $9.090
Subject: CANADIAN ENERGY & SMALL CAP
Bias: UNKNOWN
Owned: Yes
2016-08-30 COMMENT Bankers Petroleum
BNK-T
Eric Nuttall

Just won a tax dispute against the Albanian government. Up until a few months ago, the $57 million would be a major win, but right now it is going to be going into the pockets of the Chinese company that is bidding on the company. If you own this, you are just holding for another nickel or dime.


Price: $1.920
Subject: CANADIAN ENERGY & SMALL CAP
Bias: UNKNOWN
Owned: Unknown
2016-08-30 COMMENT Bank of Nova Scotia
BNS-T
John Stephenson

Favours this on a turnaround and a relative valuation basis. He still thinks income and yield oriented products are still going to do a little better.


Price: $69.930
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: UNKNOWN
Owned: Unknown
2016-08-30 HOLD Baytex Energy Corp
BTE-T
Eric Nuttall

He loved this earlier this year. He liked that it had no debt maturities coming until 2021, so the balance sheet was a lot stronger than people had thought. However, that trade has kind of played itself out. He would love to own this in the $5 space.


Price: $6.020
Subject: CANADIAN ENERGY & SMALL CAP
Bias: UNKNOWN
Owned: Unknown
2016-08-30 COMMENT Baytex Energy Corp
BTE-T
John Stephenson

This has a fairly high debt level. Overall it is a pretty good company, but there has been a lot of volatility in the oil complex, particularly of late. Oil prices are not supportive of higher oil prices.


Price: $6.020
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: UNKNOWN
Owned: Unknown
2016-08-30 PAST TOP PICK CASH
CASH
John Stephenson

(A Top Pick Sept 26/15.) At the time we had had a very rough August, and September was not much better. He is pretty much fully invested now with not much cash on hand.


Price: $0.010
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: UNKNOWN
Owned: Yes
2016-08-30 COMMENT Cardinal Energy Ltd
CJ-T
Eric Nuttall

He likes this, because it is still trading at a discount multiple, relative to some of its peers. It has a stronger than average balance sheet, lower than average decline rate, better than average properties and the ability at a higher oil price. 80% of their oil gets sold at a discount to light oil, because it is medium gravity and the product leverage to a rise in the oil price is that much more magnified. He could see this at $15 in 2 years.


Price: $8.770
Subject: CANADIAN ENERGY & SMALL CAP
Bias: UNKNOWN
Owned: Yes
2016-08-30 BUY on WEAKNESS Cargojet Inc
CJT-T
Eric Nuttall

Sold his holdings earlier this year. The story has now played itself out, and he would love to buy this on weakness. Trading liquidity can be fairly thin.


Price: $40.370
Subject: CANADIAN ENERGY & SMALL CAP
Bias: UNKNOWN
Owned: No
2016-08-30 TOP PICK Campbell Soup Company
CPB-N
John Stephenson

*Short*. This trades at an expensive valuation at roughly 21X earnings. It is dependent primarily on soup, which is in secular decline, and is the high margin part of their business. A lot of it is dependent on weather. Dividend yield of 2.05%.


Price: $60.730
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: UNKNOWN
Owned: Yes
2016-08-30 PAST TOP PICK Crescent Point Energy Corp
CPG-T
Eric Nuttall

(A Top Pick Aug 25/15. Up 71.25%.) At the current price, this is not a Hold, but in the next 2 months it is his intention to Buy below $20. If he can get it in the high $18-low $19, he would buy it aggressively. Thinks this is a $28 stock 2 years out at $65 oil in 2018.


Price: $20.390
Subject: CANADIAN ENERGY & SMALL CAP
Bias: UNKNOWN
Owned: No
2016-08-30 HOLD Chartwell Seniors Housing
CSH.UN-T
John Stephenson

(Market Call Minute.)


Price: $15.540
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: UNKNOWN
Owned: Unknown
2016-08-30 COMMENT Diversified Royalty Corp.
DIV-T
Eric Nuttall

A top 5 holding in his small-cap fund with a 9.2% yield. Payout ratio is around 100%, but they had to pay out $8 million due to a lawsuit. That is now over, so the next quarter will be the 1st quarter where you don’t have those embedded costs, which should bring the payout ratio down. You also get a hidden exposure to an improvement in the oil price, because part of their revenue comes from a restaurant chain in Alberta. At the same time there is an underpinning of real estate across the country and a royalty stream on Mr. Lube.


Price: $2.460
Subject: CANADIAN ENERGY & SMALL CAP
Bias: UNKNOWN
Owned: Yes
2016-08-30 COMMENT Element Financial
EFN-T
John Stephenson

Splitting into a fleet side and a finance side. In general, this is a great company, and if he owned he would stay with the fleet side, which is where it is uniquely positioned.


Price: $13.680
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: UNKNOWN
Owned: Unknown
2016-08-30 HOLD Emera Inc
EMA-T
John Stephenson

(Market Call Minute.)


Price: $47.390
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: UNKNOWN
Owned: Unknown
2016-08-30 HOLD Fortis Inc.
FTS-T
John Stephenson

(Market Call Minute.)


Price: $41.620
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: UNKNOWN
Owned: Unknown
2016-08-30 BUY on WEAKNESS General Electric
GE-N
John Stephenson

This has had a great run, so he would recommend waiting for a selloff before picking it up. Maybe pick a target price of 5%-10% lower. This company is leading the world in being the Internet of things. A fabulous company that is firing on all cylinders.


Price: $31.370
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: UNKNOWN
Owned: Unknown
2016-08-30 COMMENT Grenville Strategic Royalty
GRC-X
Eric Nuttall

They reported another crummy quarter last night, and the stock is getting obliterated. When it is down 30% on heavy volume, he thinks it is just somebody saying “get me the heck out”. He owns a small piece, and doesn’t know what to do. They are signalling a dividend cut. Has to think about this one.


Price: $0.250
Subject: CANADIAN ENERGY & SMALL CAP
Bias: UNKNOWN
Owned: Yes
2016-08-30 STRONG BUY Home Depot
HD-N
John Stephenson

(Market Call Minute.)


Price: $134.100
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: UNKNOWN
Owned: Unknown
2016-08-30 TOP PICK American Hotel Income Properties
HOT.UN-T
Eric Nuttall

Hotels. His small cap fund has a large percentage of dividend paying companies. The great thing with the small-cap spectrum is that, just as you can find unloved or uncovered companies that trade at very low PE relative to their growth rates, you can find companies whose base business allows them to generate enough cash to pay a dividend. Some of the growth is through acquisitions where they bought hotels and refurbished them. A lot of the revenue is guaranteed by rail companies. That has been weak because of a lack of coal demand and frac sand demand. Dividend yield of 7.84% at about a 70% payout ratio.


Price: $10.900
Subject: CANADIAN ENERGY & SMALL CAP
Bias: UNKNOWN
Owned: Yes
2016-08-30 HOLD Keg Royalties Income Fund
KEG.UN-T
John Stephenson

Not widely followed and not very liquid. Overall this is a decent story. You would have to evaluate some of the story to Alberta and whether that is significant. A lot of these restaurant royalty funds have done quite well, because the consumer has proven that they are overspending like a drunken sailor on a shore leave.


Price: $21.000
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: UNKNOWN
Owned: No
2016-08-30 SELL Lightstream Resources
LTS-T
Eric Nuttall

He would sell this and take a tax loss, and take your money and put it into almost any other name. This company has no equity value in his opinion.


Price: $0.115
Subject: CANADIAN ENERGY & SMALL CAP
Bias: UNKNOWN
Owned: No
2016-08-30 STRONG BUY Lloyds TSB Group PLC
LYG-N
John Stephenson

(Market Call Minute.) 6.5% yield, cheap on a multiple basis. Terrific.


Price: $3.160
Subject: NORTH AMERICAN - LARGE & RESOURCE
Bias: UNKNOWN
Owned: Unknown
Showing 1 to 60 of 155,722 entries
<< < 1 2 3 4 5 > >>