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

Recent Opinions with Comments from our Viewers

Date Signal Company Expert Opinion Price
2014-07-28 DON'T BUY A Comment -- General Comments From an Expert
A Commentary
Larry Berman CFA, CMT, CTA

Financial Stocks.  The ZEB-T rallied about 5-6% past week.  Analyst forecasts for next year are the same as where the banks are now.  They might revise earnings estimates or the earnings are all built in to the bank stocks.  If you are going into banks now, then ZEB-T is the best way to play because of the covered calls.  But he sold Canadian banks last week to move into the US.  He thinks they are a little stretched here.


Price: $0.020
Subject: TECHNICAL ANALYSIS - N.A. EQUITIES
Bias: UNKNOWN
Owned: No
2014-07-23 TOP PICK SPDR Financial E.T.F.
XLF-N
Stan Wong

Banks have really under-performed versus the S&P 500. This is due to regulation issues out there and interest rates remaining lower than expected. On valuation you are looking at 1.35X Book Value compared to the TSX financial sector at 1.85X. With the strengthening US economy, a recovering housing market, lower loan loss provisions and better credit issues, this should do quite well.


Price: $22.970
Subject: NORTH AMERICAN & ETFs
Bias: OPTIMISTIC
Owned: Yes
2014-07-17 TOP PICK CGI Group (A)
GIB.A-T
Keith Richards

On the short term, it is starting to show a bit of an upswing. The long term chart shows a long-term upward trend is in place. Thinks the stock is going to continue on its merry way, because they just keep landing contracts and the trend is in place. A great story.


Price: $38.060
Subject: TECHNICAL ANALYSIS
Bias: BULLISH
Owned: Yes
2014-07-15 DON'T BUY Retrocom Mid-Market REIT
RMM.UN-T
Derek Warren

The economy in their areas is a little strained.  It is under pressure still.  High payout ratio and it is also doing development.  Yield should be safe but it is not an area of growth.


Price: $4.500
Subject: REIT's
Bias: UNKNOWN
Owned: Unknown
2014-07-15 COMMENT Veresen Inc
VSN-T
Gajan Kulasingam

Stock had a nice run, and was really a function of them de-risking their Jordan Coal project, a West Coast-based LNG export project. They need to secure the financing and an off taker for their LNG facility. Thinks this is worth $21. Still have the risk of the alliance pipeline that needs to be re-contracted. He doesn’t want to take on their risks. Dividend is safe for now, but it depends on how they re-contract.


Price: $19.000
Subject: Energy Infrastructure, Industrials & Utilities
Bias: OPTIMISTIC
Owned: No
2014-07-14 HOLD Surge Energy Inc
SGY-T
Hap (Robert) Sneddon FCSI

Unless we get a correction in time, it may come down to $7.  He would not worry about it on a short term basis.  Thinks these names will roll over again in later July.  Add to it below $7


Price: $7.460
Subject: TECHNICAL ANALYSIS
Bias: CAUTIOUS
Owned: Unknown
2014-07-11 WATCH Agrium
AGU-T
Don Vialoux

Seasonality for fertilizer stocks is normally around the end of June through until the end of the year. However, fundamentals are not good. All the major fertilizer companies are expected to report significantly lower earnings on a year-over-year basis. Chart shows that the stock has just broken down through a key support position, and is now in a downward trend. Below its 20 day moving average, and significantly under performing the TSE composites. Watch for an opportunity after they report their 2nd quarter results at around the end of this month.


Price: $94.810
Subject: TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias: UNKNOWN
Owned: Unknown
2014-07-09 DON'T BUY Surge Energy Inc
SGY-T
Benj Gallander

This is not contrarian in any way, shape or form. It has a lot of characteristics of the old income trusts and of the ones that got into tremendous trouble. Have zero cash, and just increased their dividend as they take over another company. Increased their debt load and shares outstanding. Looks at this as a stock with a tremendous amount of danger. This will be fascinating to look at in 5 years time, as they will have done really, really well, or may sell off non-core assets to raise money. Wouldn’t go close to this.


Price: $7.720
Subject: CONTRARIAN INVESTING
Bias: UNKNOWN
Owned: No
2014-07-08 DON'T BUY AGF Management (B)
AGF.B-T
Christine Poole

(Market Call Minute) Would not buy here.  High yield could be cut if they don’t get their sales going.


Price: $12.080
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC
Owned: No
2014-07-08 WEAK BUY Choice Properties REIT
CHP.UN-T
Paul Gardner, CFA

Tenants are 95% Loblaw’s anchored.  Stable asset.  It hasn’t done much since the IPO.  There is nothing wrong with it.  There is always that inherent conflict where so much of it is owned by Loblaw’s.  He finds this a conflict.


Price: $10.610
Subject: FIXED INCOME, LARGE CAP DIVIDENDS AND REITS
Bias: BULLISH
Owned: Unknown
2014-07-08 BUY Crescent Point Energy Corp
CPG-T
Christine Poole

Large land position, production growth is pretty good.  Dividend is flat at $1.20 and she is not expecting a dividend increase. They will grow production at a steady rate.  High net backs.  She would buy it around here as it has pulled back.


Price: $45.710
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC
Owned: Yes
2014-07-08 TOP PICK Tricon Capital Group
TCN-T
Paul Gardner, CFA

(Top Pick July 02/13, Up 21.44%) Leverage to the US housing market recovery.  They have an asset management business.  They have a development business.  They own single family homes and he thinks the stock is cheap.  They are growing this to be a multiyear thing.  They figured out how to buy single family homes and then run them.  They purchased in the hardest hit areas in the US.  It trades incredibly cheaply compared to its NAV of $9-$10.  They can refinance properties at a lower rate.


Price: $7.600
Subject: FIXED INCOME, LARGE CAP DIVIDENDS AND REITS
Bias: BULLISH
Owned: Yes
2014-07-04 COMMENT Apple
AAPL-Q
Paul Harris, CFA

Google (GOOGL-Q) or Apple (AAPL-Q)? Given this choice, he would pick Google. On a balance sheet level, etc., they are very similar. Google is a software company whereas Apple gets about 60% of their revenue off of one product, the iPhone. There has not been a real product from them for a long, long time. Also, this company has gone up a lot more, but that has to do more with financial engineering, as opposed to anything else.


Price: $94.030
Subject: NORTH AMERICAN - LARGE & GLOBAL EQUITIES
Bias: OPTIMISTIC
Owned: Unknown
2014-07-03 BUY on WEAKNESS Agrium
AGU-T
Brian Acker, CA

Model price is $120, 23% upside.  It is a cyclical and he would love to see it come back to the $80 region to buy more.  Top side of the stock is $110.  POT-T is at a higher valuation and only has a 12% upside with a ceiling of $43.50.


Price: $97.070
Subject: NORTH AMERICAN - LARGE
Bias: BULL
Owned: Yes
2014-07-03 TOP PICK Rogers Communcations (B)
RCI.B-T
Barry Schwartz

This company is a complete mess, but there are so many great assets inside the company. There are the publicly traded securities they own. Also, has a terrific sports asset where there is a big value. Thirdly cell towers, a huge business in the US, where they are being spun out for $500,000 each. This company has 6,000 cell towers. Yield of 4.26%.


Price: $43.000
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: Yes
2014-07-02 TOP PICK Energy Transfer Partners L. P.
ETP-N
Michael Underhill

Looking over the next 20 years, there is going to be roughly $687 billion of CapX in energy infrastructure. Capital is going to flow to the ones that already have existing assets, as well as those that have the ability to create new assets. This is one of those companies. You’ll make 8%-10% a year, not a wild 20%-30% upside. Yield of 6.42%. Thinks this is going to go 11 innings.


Price: $58.020
Subject: GLOBAL AGRICULTURE, INFRASTRUCTURE & TIMBER
Bias: BEAR
Owned: Yes
2014-06-27 TOP PICK Precious Metals and Mining
MMP.UN-T
Jaime Carrasco

If he has an older client that wants to have precious metals, this is one that he would put in their accounts. Considered higher risk, only because of the market cap. Has come down quite a bit. The dividend is a nice gift, but he is not trading it for that as it could come down. However, looking at the portfolio, you have about 30 different producing companies, and this is a great diversified play for precious metals.


Price: $2.970
Subject: RESOURCE, UTILITY & REITs
Bias: CAUTIOUS
Owned: Yes
2014-06-27 TOP PICK Toscana Energy Income Corp.
TEI-T
Jaime Carrasco

This was one of the first royalty plays. Now that the pension funds have bought into the PrairieSky (PSK-T) business model, they understand the royalty play, and he thinks this will start to move. Reserve life on the proven is seven years. Yield of 11.62%. (Careful on this. They quoted a 11.62% yield a couple of times, but the Globe says it is only 3.874%. However my trading account says it is 11.86%. Check with your broker first. - Bill)


Price: $13.940
Subject: RESOURCE, UTILITY & REITs
Bias: CAUTIOUS
Owned: Yes
2014-06-27 DON'T BUY Talisman Energy
TLM-T
Dennis Da Silva

A company that is still going through a refocusing effort. Leverage is still an issue. North Sea is still a tremendous drag on cash flow, and is the Achilles heel. If they could sell this part of their interests it would do wonders for the stock. You might be sitting around for quite a while because he can’t think of too many people that would want to buy such a mature asset that is bleeding cash.


Price: $11.260
Subject: CANADIAN RESOURCE
Bias: UNKNOWN
Owned: No
2014-06-24 TOP PICK Bankers Petroleum
BNK-T
Mason Granger

(Top Pick July 23/13, 129.65%) Leadership changed at the top of the company. They cut costs.  He continues to be optimistic about the company going forward.  Albania is probably not the best part of the world to invest in, but management is solid and they licked their technical challenges.  It throws off a lot of free cash flow.  Operations are improving and they are cutting costs.  They are having early success with recovery using polymer floods.  They get Brent-linked pricing.


Price: $6.990
Subject: OIL & GAS
Bias: BULL on OIL & GAS
Owned: Yes
2014-06-24 DON'T BUY Talisman Energy
TLM-T
Mason Granger

They are a poor allocator of capital.  There are unknown tax consequences of breaking up the company.  Unless there as a visible path to cash flow growth he could not invest in it.


Price: $11.200
Subject: OIL & GAS
Bias: BULL on OIL & GAS
Owned: Unknown
2014-06-20 TOP PICK Enbridge
ENB-T
Patrick Horan

Short Has had a Short on for about 3 years now. Had completely underestimated the skepticism of this market and how it was looking for a defensive, dividend growth. Trading at almost 25X earnings. They’ve had some really aggressive dividend raises of 5%-10% over the past 3 years. However, with that, they’ve also had capital raises. It makes no sense to him why a company would increase its dividend, and at the same time, go and issue more shares.


Price: $51.090
Subject: NORTH AMERICAN
Bias: BULLISH
Owned: Yes
2014-06-20 TOP PICK Guestlogix
GXI-T
James Hodgins

Really surprised this stock is not a lot higher already. They’ve announced they have 22 deployments. They are going to double the size of EBITDA and revenues over the next year. Trading at only 10X forward earnings, and he thinks it will keep this valuation, if not expand it, as they grow the earnings and double it over the next 12-18 months. The bottleneck in buying things on airplanes is waiting for the flight attendant to process everything. This is easily a $2 stock, and could be $3 on a takeout basis.


Price: $1.270
Subject: MARKET NEUTRAL INVESTING
Bias: BEARISH
Owned: Yes
2014-06-19 BUY AutoCanada Inc.
ACQ-T
Rob Stabile

Wonders why someone has not replicated it.  That would be the only risk in owning it.


Price: $86.870
Subject: CANADIAN
Bias: BULLISH ON ENERGY INFRASTRUCTURE
Owned: No
2014-06-19 BUY Home Capital Group
HCG-T
Jason Donville

Thinks it’s great. Has still been buying at around this price. Great long-term holding.


Price: $48.470
Subject: GROWTH & FINANCIALS
Bias: CAUTIOUS
Owned: Yes
2014-06-17 DON'T BUY Transalta Corp
TA-T
Ross Healy

It was probably good that they cut their dividend, because it had been acting as a real a drag on the balance sheet growth. The net worth of the company had actually been falling, pretty steadily for 3-4 years. It still is, but is kind of levelling out a little. Stock is cheap but the problem is that we need some earnings. So far the earnings have not changed.


Price: $12.980
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC
Owned: Unknown
2014-06-16 DON'T BUY AGF Management (B)
AGF.B-T
Michael Sprung

The independent mutual fund companies are having a tough time and we have seen consolidation to the larger players in the industry, but this one was not involved.  We have seen significant assets leaving this company. 


Price: $13.390
Subject: CANADIAN LARGE
Bias: SELECTIVE
Owned: Unknown
2014-06-13 COMMENT Northwest Healthcare Property REIT
NWH.UN-T
Derek Warren

Stock has underperformed for some time. It is very difficult in this business to find medical personnel and specialists, to lease up space. 8% yield.


Price: $9.920
Subject: REIT's
Bias: BULLISH on REITs
Owned: No
2014-06-13 DON'T BUY Power Financial Corp
PWF-T
Bill Carrigan

Thinks this is getting tired. Not too fussy about this year’s showing on the chart. It is rolling over versus its peers. Probably a weaker component of the financials and he would probably avoid it. 4.25% dividend.


Price: $32.880
Subject: TECHNICAL ANALYSIS
Bias: BULLISH
Owned: Unknown
2014-06-13 COMMENT Westport Innovations
WPT-T
Derek Warren

Thinks this is one of the great opportunities in the market right now, even after the run. Invests in US industrial properties, but very large ones. One of the tenants is Amazon (AMZN-Q). The e-commerce trend is something that is here to stay, and companies like this are going to benefit. Trading quite inexpensively. 7.1% yield.


Price: $16.250
Subject: REIT's
Bias: BULLISH on REITs
Owned: Yes
2014-06-12 SPECULATIVE BUY Cominar Real Estate Inv Tr
CUF.UN-T
Greg Newman

Debt too high.  Net operating income fell last quarter.  At current valuation bad news is priced in.  Their overall growth rate through acquisitions is okay.  Payout ratios are turning down.  He is giving them a chance.


Price: $18.670
Subject: CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias: BULL on ENERGY
Owned: Unknown
2014-06-10 TOP PICK Power Financial Corp
PWF-T
Joey Mack

(PWF.PR.D-T) 5.5% Series D Preferred. This is a perpetual issue, so there is no rate reset. Effectively with this, you are getting a huge pick-up over what you would get in the long-term bond market right now.


Price: $33.590
Subject: FIXED INCOME
Bias: UNKNOWN
Owned: No
2014-06-09 PAST TOP PICK Crescent Point Energy Corp
CPG-T
Eric Nuttall

(Top Pick Jun 20/13, Up 34.69%) A name to stick away.  Last year they took a break from M&A.  Thinks they will exceed expectations in Q2.  Management alluded to the fact that they would try to export oil out of Gulf of Mexico at US prices.  They are the most aggressive pursuer of this strategy.  The overall viability of their business model is getting better and better.  He owns a big whack of the stock personally.


Price: $44.830
Subject: OIL & GAS
Bias: BULL on GAS
Owned: Yes
2014-06-09 COMMENT Just Energy Group
JE-T
Andy Nasr

It is very difficult to put a bottom in this. Looks like the valuation is more compelling here, and the dividend should be sustainable so you are going to be able to pick up a nice yield. He is somewhat concerned about the business itself. Their strategy of growing in the US has been somewhat derailed. A little bit too risky for him.


Price: $6.210
Subject: NORTH AMERICAN DIVIDEND & REITs
Bias: OPTIMISTIC
Owned: No
2014-06-03 N/A A Comment -- General Comments From an Expert
A Commentary
Craig Millar

Global Stocks. What has happened this year so far has been quite a surprise. At the beginning of the year a lot of people thought the bond market was not going to perform well. The 10 year yield in the US went from 3% down to 2.5%, but at the same time equities have done reasonably well. Global equities are up 4%-5%. Looking at the 2nd half of this year, we might see a lot of that reversed. The 10 year yield is likely to turn upwards between now and the end of the year. Stocks will do well in that environment. This year, so far, all the businesses that benefit from falling rates have done well. The utilities is the easiest example which is the #1 performing sector in the US so far this year. From now to the end of the year the yield on the 10 year is likely to go up, which means those interest sensitive names, like the utilities, will do well. However, things like financials, industrials and cyclicals will do much better from now to the end of the year. Regionally he still likes Europe. In the past few years the US earnings recovery has been very significant. US earnings are 20% above where they were in 2007 so they have already recovered and then some, from a global financial crisis. European earnings are still 20% below their 2007 peak. Earnings growth for Europe this year and into next according to forecasts, are likely to be around the highest in the world. Thinks the pressure is on the ECB to cut rates, put rates negative or be more stimulative in some fashion to try and get the economy accelerated further.


Price: $0.020
Subject: GLOBAL
Bias: BULLISH
Owned: _N/A
2014-06-02 DON'T BUY Surge Energy Inc
SGY-T
John O'Connell, CFA

Oil/gas is very capital intensive. You spend a lot of money to drill holes in the ground. Every barrel of oil that you sell, you have to find another barrel of oil at an economic value. Having to pay out high dividends is an expensive proposition. Paying out more in dividends and its capital requirements, to maintain production at a flat level then it actually earns. The mere fact that the stock is yielding so much, tells him the company is fatiguing investors by buying assets and selling stock and paying out dividends. If you look at the stocks that have done well in the last 3 years, they are the ones that have been growing production and not paying dividends.


Price: $6.850
Subject: NORTH AMERICAN - LARGE
Bias: SELECTIVE
Owned: Unknown
2014-05-29 DON'T BUY Telus Corp
T-T
Brian Acker, CA

Doesn’t have any fundamental value. Closed at $41.22, and his model price is $34.56, a negative 16%.


Price: $41.000
Subject: NORTH AMERICAN - LARGE
Bias: BULL on US EQUITIES
Owned: Unknown
2014-05-27 TOP PICK Ensco PLC
ESV-N
Gavin Graham

One of the largest offshore oil/gas drilling with one of the newest fleets in the business. Raised its dividend 50% and has a 5.8% yield.


Price: $51.870
Subject: GLOBAL & NORTH AMERICAN LARGE
Bias: CAUTIOUS
Owned: Yes
2014-05-27 DON'T BUY Liquor Stores N. A.
LIQ-T
Gavin Graham

(Market Call Minute.) Had recommended selling 9 months ago because the problems it was having with its competition, the BC government allowing liquor to be sold in supermarkets. 10% dividend could be cut.


Price: $10.770
Subject: GLOBAL & NORTH AMERICAN LARGE
Bias: CAUTIOUS
Owned: Unknown
2014-05-26 COMMENT Avigilon Corp
AVO-T
Hap (Robert) Sneddon FCSI

Chart shows a rolling top. One thing that is positive is the breakout at around $20. A lot of the indicators have held the $20, which is really positive. Looks like it could have resistance at around $25. Has room to move up to $35. Risk/reward looks pretty good at $20.


Price: $20.580
Subject: TECHNICAL ANALYSIS & MACRO STRATEGY
Bias: OPTIMISTIC
Owned: Unknown
2014-05-26 COMMENT Crescent Point Energy Corp
CPG-T
Hap (Robert) Sneddon FCSI

Trailing stop? There are several ways you could do this. You can look at the 20 day at around $42. The 50 day is $41 and the 200 day is around $39. What he looks at and uses on a fairly regular basis is a Volatility stop or in Average True Range stop, which is reasonably dynamic. Had a big upward swing $35 and $45. It is now starting to get towards the upper range of the band where you are probably going to get some sellers.


Price: $44.570
Subject: TECHNICAL ANALYSIS & MACRO STRATEGY
Bias: OPTIMISTIC
Owned: Unknown
2014-05-26 COMMENT Freehold Royalties
FRU-T
Hap (Robert) Sneddon FCSI

Chart is showing a little of a head and shoulders top, but the pattern doesn’t always mean it is going to come to pass. The potential breakdown is at around the $32-$33 range. The present price, to him, would make it a really good risk/reward from the standpoint that that you could Buy it here, sort of break down below $32, and give yourself a few percentage points. Take 3% minus $32 and that would give you a pretty good place to define Stops. He would take a punt and if it breaks $32 you know there are some bigger issues. The recall stuff has already been factored in.


Price: $25.060
Subject: TECHNICAL ANALYSIS & MACRO STRATEGY
Bias: OPTIMISTIC
Owned: Unknown
2014-05-23 DON'T BUY Artis Real Estate Investment Trust
AX.UN-T
Michele Robitaille

Not one of her preferred REITs. Tended to grow somewhat aggressively without a huge view in terms of strategy of what markets and products they were in, in terms of property classes and quality of the assets.


Price: $15.980
Subject: HIGH YIELD EQUITIES & REITS
Bias: CAUTIOUS
Owned: No
2014-05-22 COMMENT Shaw Communication (B)
SJR.B-T
Todd Johnson

Looked at this a few times, but has never been comfortable with their cable-based business. Prefers Telus (T-T) and their wireless business. A quality company.


Price: $27.340
Subject: CANADIAN LARGE
Bias: CAUTIOUS
Owned: No
2014-05-15 DON'T BUY First National Financial
FN-T
Mike MacBain

Are the preferreds a good long term investment? They are in the mortgage origination financing business.  It has a speculative triple ‘B’ rating.  There is a possibility that the company does not do well.  Thinks it will not get called.  5.5% yield.  The return on the equity is 7%.


Price: $21.730
Subject: FIXED INCOME
Bias: BEARISH on INTEREST RATES
Owned: Unknown
2014-05-12 DON'T BUY Pembina Pipeline Corp
PPL-T
James Telfser

They have a lot of good growth projects.  The valuation is just too high for him to hold.  You might do okay over a few years.


Price: $44.540
Subject: CANADIAN
Bias: SELECTIVELY OPTIMISTIC
Owned: No
2014-05-07 BUY A Comment -- General Comments From an Expert
A Commentary
Douglas Kee

REITs.  He owns very few REITs because his clients normally have one or two properties anyway.  But Fed said today that interest rates are not likely to up, so REITs are likely to do well, as they often do in the summer.  Yield is usually fully taxable.  You have to look at each company and determine the growth prospects. 


Price: $0.020
Subject: CANADIAN DIVIDEND
Bias: CAUTIOUS
Owned: _N/A
2014-04-30 COMMENT Vodafone Group PLC
VOD-Q
Gordon Reid

Equal weight on AT&T (T-N), Verizon (VZ-N) and Vodafone (VOD-Q) as a dividend play? If looking for dividend income, why not take advantage of the dividend tax credit that is offered on Canadian dividends? Although you get a dividend on these, from a tax standpoint it is treated as interest. As far as the telcos in the US are concerned, is that they distribute a lot of cash which generally run at the 4%-5% rate. AT&T is a slower grower. Of these 3, his favourite would probably be Verizon.


Price: $37.960
Subject: US EQUITIES
Bias: UNKNOWN
Owned: Unknown
2014-04-25 HOLD KB Home
KBH-N
Patrick Horan

It has been a tough year for homes.  Don’t sell here.  This is an area of future interest that he has.  You don’t want to start a family in a condo, and the eco-boom generation will want to start families.


Price: $16.150
Subject: NORTH AMERICAN - LARGE
Bias: CAUTIOUS
Owned: Unknown
2014-04-23 BUY Student Transport of America Ltd.
STB-T
Bruce Campbell (2)

Ranks well in his process.  Thinks the dividend is fairly safe and there is some growth potential in this business.  More and more school districts are subbing it out to this company.  12% return expectation including dividend.


Price: $6.880
Subject: AGRICULTURE, DIVIDEND & FIXED INCOME
Bias: BULL on CANADIAN MARKET
Owned: Unknown
2014-04-16 PAST TOP PICK Altagas Ltd
ALA-T
Rick Stuchberry

(A Top Pick May 2/13. Up 30.63%.) Has been a good company and a great sector. Thinks that when we start to deliver gas to the West Coast, this could be quite a good winner. While it has had a good run, there is potential for more to come.


Price: $47.350
Subject: CANADIAN LARGE & ADRs
Bias: CAUTIOUSLY OPTIMISTIC
Owned: Yes
2014-04-09 COMMENT Sanofi-Aventis
SNY-N
Mark Grammer

Has looked at this recently because they have some good drugs in their pipeline, but his preference right now in Europe is Shier (?) which he thinks is well-positioned.


Price: $53.000
Subject: GLOBAL
Bias: OPTIMISTIC
Owned: No
2014-04-04 TOP PICK Altagas Ltd
ALA-T
Genevieve Roch-Decter

(A Top Pick May 23/13. Up 22.79%.) Growth over the next year is going to become more utility-like making it more conservative and lower risk which should give them a multiple expansion. Thinks there is 25%-30% upside to the stock price over the next few years because of the LNG opportunities. Contemplating a project on the West Coast to export propane. Sees a 25% further upside to the stock price. Yield of 3.32%.


Price: $45.930
Subject: NORTH AMERICAN ENERGY INFRASTRUCTURE
Bias: BULL on ENERGY
Owned: Yes
2014-04-03 SPECULATIVE BUY Fission Uranium Corp.
FCU-X
Dennis Da Silva

A group he has owned for a number of years.  It has done very well for him.  They have a partner.  They are in an early stage of exploration.  It will be a couple of years before you have anything.  You have to appreciate the risk profile before you go in.


Price: $1.650
Subject: RESOURCE
Bias: SELECTIVE
Owned: Yes
2014-03-31 TOP PICK Knight Therapeutics
GUD-T
Michael Smedley

Only on the market a couple of months.  There are only two people in the company.  A drug has just been approved.  Thinks it will be very exciting.


Price: $5.280
Subject: CANADIAN
Bias: SELECTIVE
Owned: Yes
2014-03-27 COMMENT Northwest Healthcare Property REIT
NWH.UN-T
Andy Nasr

You can stream the income with this.  Largest owner of medical buildings in North America.  Stock sold off because people don’t want to own REITs that don’t have a lot of operating leverage.  Also, they have not hit their operating numbers.  They could not lease out all of the properties mentioned in the IPO. 


Price: $9.600
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC
Owned: Yes
2014-03-26 COMMENT Bank of America
BAC-N
Brian Acker, CA

Keep in mind that at the beginning of the year, both this and Citigroup (C-N) popped up above his last line, which was EBV (Economic Book Value) negative 3, which he would call an investment strategy “coming out of the blue”. This signifies that finally the market is attaching some credibility to the balance sheet and the numbers that both of these banks are providing to the market. He has a model price of $20.50, which is a 19% upside.


Price: $17.180
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: Yes
2014-03-26 COMMENT Baytex Energy Corp
BTE-T
Brian Acker, CA

His model price is $51.72, a 15% upside. Has a dividend of $2.64 and it might earn $2.38, so they pay out everything that they have. If it could come back to $36, that would be his Buy level.


Price: $44.520
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: Unknown
2014-03-26 DON'T BUY Crescent Point Energy Corp
CPG-T
Brian Acker, CA

There are a group of these energy names that pay a distribution way above what they are earning. His model price is $31.42, a negative 21%. They pay a distribution of $2.76. Investors look at 6.78%, but mean estimates in terms of earnings, is $1 and next year it is $0.95. What it means is that they are paying out their capital to investors. Overvalued.


Price: $40.070
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH
Owned: Unknown
2014-03-18 PAST TOP PICK CGI Group (A)
GIB.A-T
Jason Donville

(A Top Pick April 3/13. Up 31.89%.) Has had a lot of negative press because of the Obama situation, but they produce a great stream of cash flow with a very steady 20% ROE. Although the chart is lumpy, when you own it in the context of a portfolio, that lumpiness kind of folds itself out. Still one of the cheapest stocks. Trading at 9.5X 2014 earnings and is projected to grow by 23% this year.


Price: $34.770
Subject: GROWTH & FINANCIALS
Bias: CAUTIOUS
Owned: Yes
Showing 1 to 60 of 385 entries
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