Recent Top Picks | StockChase
stockchase picture

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

Recent Top Picks

Date Signal Company Expert Opinion Price
2016-08-25 TOP PICK Apple
AAPL-Q
Kash Pashootan

It is a cash cow without innovation.  They will refresh many of their products.  They need to gain traction in emerging markets with their iPhone. 

Price:
$0.000
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
CAUTIOUS
Owned:
Yes
2016-08-25 TOP PICK DineEquity
DIN-N
Kash Pashootan

iHop.  They generate all of their revenue out of the US and now they are going into emerging markets.  They signed some agreements and are opening locations in Mexico.  Yield is 4%.  PE is 12-13. 

Price:
$0.000
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
CAUTIOUS
Owned:
Yes
2016-08-25 TOP PICK Novo-Nordisk
NVO-N
Kash Pashootan

Leader in diabetes in the space.  They have fat margins.  There is a growth potential in emerging markets where diabetes is growing faster. 

Price:
$0.000
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
CAUTIOUS
Owned:
Yes
2016-08-24 TOP PICK CASH
CASH
Keith Richards

Holding about 40% cash, and just buys a high interest savings account thing that pays about 1.3%-1.4%.

Price:
$0.010
Subject:
TECHNICAL ANALYSIS
Bias:
BEARISH
Owned:
Yes
2016-08-24 TOP PICK Hudbay-Minerals-Inc.
HBM-T
Michael Sprung

A lot of the problems that have been there recently have been short term ones. Going forward, he thinks they are going to throw off some solid free cash flow. Have been able to expand their credit facilities lately, so they could be very opportunistic going forward.

Price:
$5.690
Subject:
CANADIAN LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-08-24 TOP PICK HBP-S-and-P-500-Inverse-ETF
HIU-T
Keith Richards

This is effectively a way of raising cash. An “inverse” is the opposite of the market. If you buy a 5% position in an inverse, you have 5% that is not in the market, plus you are offsetting a holding you have, something like General Electric (GE-N). He is not making a bet on the market, he just wants to keep his GE and offset it with an inverse ETF.

Price:
$36.530
Subject:
TECHNICAL ANALYSIS
Bias:
BEARISH
Owned:
Yes
2016-08-24 TOP PICK Manulife-Financial
MFC-T
Michael Sprung

It has been difficult for them to get a lot of respect lately. They recently got hit with some problems in the long-term care business in the US. There may be some actuarial revaluations going on in the 3rd quarter, so there could be a possible hit in terms of a write down. However, we have a company that is one of the best capitalized in the industry. Any more they don’t just depend on interest margins to earn their money. Expanding very rapidly and making progress in Asia. Dividend yield of 4.24%.

Price:
$17.460
Subject:
CANADIAN LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-08-24 TOP PICK Suncor-Energy-Inc
SU-T
Michael Sprung

This has some of the best assets in Canada. Superb upstream/downstream assets. Very well financed. A strong balance sheet. If any company is positioned to take advantage of the problems inherent in the oil/gas industry, it is this company. Dividend yield of 3.2%.

Price:
$36.310
Subject:
CANADIAN LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-08-24 TOP PICK -PowerShares-S-and-P500-Low-Volatility-ETF
ULV-T
Keith Richards

This owns the 100 lowest volatility stocks in the S&P 500, and then hedges it back to the dollar to make sure you don’t get any negative movement on your ETF due to the Cdn$ going up, or vice versa.

Price:
$32.960
Subject:
TECHNICAL ANALYSIS
Bias:
BEARISH
Owned:
Yes
2016-08-23 TOP PICK Celgene-Corp
CELG-Q
Zachary Curry

A biotechnology company that is primarily focused on cancer research. They take positions in companies, watch them do the R&D, and then they capitalize further. They’ve made 2 acquisitions, one in the MS space. They have a based strip cancer drug and then little bolt on drugs that combine with the based for changes in chemotherapy treatments.

Price:
$114.010
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2016-08-23 TOP PICK Cerner-Corp.
CERN-Q
Zachary Curry

Their premise is basically digitizing health records. Demographically that is a good place to be. There are lots of doctors’ records that are either handwritten or digital in a format that is not compatible with others. There is a US law that says that by this year you have to have this and next year you have to have that, etc. It is a forced conversion to electronic data management and records. They’ve generated about 15% revenue growth and 20% earnings growth consistently. Over the past year they’ve moved from a one-time revenue recognition model to a subscription type model, and the stock really came off. It is now started to come back.

Price:
$64.600
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2016-08-23 TOP PICK Firstservice-Corp
FSV-T
James Telfser

The more he gets to know the company, the more he gets to like their story. It is a high recurring revenue model. They do a lot of property management. They are able to bring services together from all over the US, and offer it at a higher margin. They then start to get into other businesses like Sentry Fire, California Closets, and they do some restoration businesses as well. They are taking some of these businesses private, which is quite accretive to the company. The company has a long runway. A very steady type business. Dividend yield of 0.9%.

Price:
$64.150
Subject:
CANADIAN
Bias:
BULLISH
Owned:
Yes
2016-08-23 TOP PICK Horizon-North-Logistics
HNL-T
James Telfser

Lost a couple of their big camps in Fort Murray, one by fire and one by smoke. Capacity utilization has been really low in the whole camps and logistics space, so that just took off a whole bunch of capacity. They were covered by insurance, and there are estimates it could be $30 million. What he likes, as compared to similar companies, is that they have a balance sheet based on an equity issue that they did at $3.75 about a year ago, so they can now rollup some of this industry and buy up some of their competitors who are struggling. There has been the big move in energy prices, you are seeing rig counts coming up again, oil production coming up in the oil sands again, and they are getting into some new businesses now where they do some manufacturing. Dividend yield of 4.55%.

Price:
$1.760
Subject:
CANADIAN
Bias:
BULLISH
Owned:
Yes
2016-08-23 TOP PICK Heroux-Devtek-Inc.
HRX-T
James Telfser

A high quality industrial name. Landing gears on planes. They are the #3 producer, but are actually the most profitable in the world. Management team is very well aligned. Valuation is reasonable.

Price:
$13.980
Subject:
CANADIAN
Bias:
BULLISH
Owned:
Yes
2016-08-23 TOP PICK Keyera-Corp
KEY-T
Zachary Curry

Great management team. Their business is conservative and their payout ratio is around 50%. They’ve consistently grown the dividend, 15 times since they started as a public company. They grow by taking smaller positions in plants and facilities, adding to those and eventually owning them outright. This allows them to get the experience in owning and running them. Their cost of financing is really low. Dividend yield of 3.9%.

Price:
$41.140
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2016-08-22 TOP PICK Ameriprise-Financial
AMP-N
John Burke

He would rather not bet on what the fed would do. He is going all-in on financials. Going from 5% financial to 10% yet the market is 15% financials. 

Price:
$96.810
Subject:
US EQUITIES
Bias:
CAUTIOUS
Owned:
Yes
2016-08-22 TOP PICK Badger-Daylighting
BAD-T
John Kim

Basically half its revenues were tied to the oil/gas industry, so they fell on hard times. They’ve rejigged the profile, because the other part is on utilities, and mostly with construction in streets being dug up to lay down pipe to run cable and stuff. As long as the oil/gas sector doesn’t get any worse, they’ll start to generate more cash, so this is kind of a derivative way to play the oil/gas industry. Dividend yield of 1.49%.

Price:
$26.650
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Yes
2016-08-22 TOP PICK First-Data-Corp
FDC-N
John Kim

One of his largest positions. He is holds this because of its cash flow stream and the paying down of debt. Even if he flat lined the revenues, he feels he would still make somewhere in the neighbourhood of 20%-25% a year for the next few years.

Price:
$33.970
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Yes
2016-08-22 TOP PICK Keycorp
KEY-N
John Burke

Financials are cheap – 8-9% earnings yield.  He likes the numbers – a little bit of growth. 

Price:
$12.180
Subject:
US EQUITIES
Bias:
CAUTIOUS
Owned:
Yes
2016-08-22 TOP PICK Principal-Financial-Group
PFG-N
John Burke

It is leading since about last Feb.  Before that it is quite beat up. They are in pension plan provision as well as being an insurer.  Nice dividend yield and 8% earnings yield.

Price:
$47.170
Subject:
US EQUITIES
Bias:
CAUTIOUS
Owned:
Yes
2016-08-22 TOP PICK XPO-Logistics--Inc
XPO-N
John Kim

A US logistics company. They will route and ship whatever products for you. This includes where it will be picked up, how it gets transported, and where it is going, as well as handling all the custom forms and way bills that are needed. They also own Conway Trucking which they bought last year in order to do the “last mile”. They’ve reached the inflection where they are starting to generate free cash flow now. Management has guided $500-$800 million of free cash flow in 2018, and that is on a $4 billion market cap company. You are either going to get a 25% upside or it could be a double by 2018.

Price:
$36.460
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Yes
2016-08-19 TOP PICK Alimentation-Couche-Tard--B-
ATD.B-T
Jason Del Vicario

It seems this company is in the running to acquire CFT Brands in the US. This is an excellent allocator. If they can do this acquisition, they should break to new highs. Dividend yield of 0.5%.

Price:
$62.150
Subject:
NORTH AMERICAN (GROWTH)
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
Yes
2016-08-19 TOP PICK Ceapro-Inc.
CZO-X
Jason Del Vicario

Growing their top and bottom lines very well and are in a very, very interesting space. What he likes most is that their technology is patented, so they are able to license it out and collect royalties, as well as producing the products.

Price:
$1.990
Subject:
NORTH AMERICAN (GROWTH)
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
Yes
2016-08-19 TOP PICK Data-Communications-Management
DCM-T
Jason Del Vicario

This is a “value” pick. Trading at about 4X earnings. They went through an extensive restructuring earlier in the year. However, coming out of this restructuring, they got an excellent CEO, who has not only agreed to stay on to see the company through the next phase of their restructuring, but also made a significant investment in the company. Revenues have not been increasing at a rate he would like. Some of their business is related to areas that are perhaps declining. A negative overhang would be an impending postal strike. If they are able to continue with the restructuring and pay down the debt, he could easily see the valuation north of $10.

Price:
$3.700
Subject:
NORTH AMERICAN (GROWTH)
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
Yes
2016-08-19 TOP PICK Intertain-Group
IT-T
Michael Smedley

A very unusual situation. It has gone through an interesting renovation with a new management, after the 1st management created lots of acquisitions, boosted the sales line up to about $500 million. A very serious social gambling type company. The newcomers are 2 Brits who have come out from the very much bigger British sector. They are going to take it back to the UK where it should belong, where it will stand out as the great gaming company for the ladies mainly. (Bingo)

Price:
$11.090
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
2016-08-19 TOP PICK Nintendo-Company-Ltd.
NTDOY.PK-OTC
Michael Smedley

This is augmented reality as opposed to virtual reality. If they are going to monetize Pokémon, the company is going to make an absolute fortune. Dividend yield of 1.05%.

Price:
$0.010
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
2016-08-19 TOP PICK Spin-Master-Corp
TOY-T
Michael Smedley

This was created 20 years ago by 3 extraordinary University boys. They have expanded the company and it has his own internal developers, and they work in close unison with companies like Disney (DIS-N). It is in an expansion mode globally now, which in a sense is cutting out middlemen.

Price:
$28.150
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
2016-08-18 TOP PICK Brookfield-Asset-Management--A-
BAM.A-T
Michael Simpson, CFA

Global asset manager.  They manage hard assets such as real estate or power infrastructure assets.  They have a number of subsidiaries in South America.  All those fees flow back up to this company.  8% cash flow yield.  The dividend will grow over time.  12-15% ROI targeted in aquisitions. 

Price:
$44.050
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
SELECTIVE
Owned:
Yes
2016-08-18 TOP PICK Cigna-Corp.
CI-N
Michael Simpson, CFA

Health care insurance space, global.  A company wanted to buy them and it was rejected by the US government, but they have until next April for the deal to go through.  14 times earnings.  They help companies save money.  Once the deal does close, or doesn’t, they will have the ability to raise the dividend.

Price:
$132.620
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
SELECTIVE
Owned:
Yes
2016-08-18 TOP PICK Costco-Wholesale
COST-Q
Hap (Robert) Sneddon FCSI

It is a cross between consumer discretionary and pure retail.  He has a tight stop on it.  They have protected their margins and have decided to expand internationally. 

Price:
$167.750
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
No
2016-08-18 TOP PICK Emera-Inc
EMA-T
Hap (Robert) Sneddon FCSI

It is volatile but there is a base and then a nice trend line.  They may have to issue some more equity and if they do he would decide if it was going to push the stock down.  A great regulated business.  Nice dividend.  Weakness in earnings is due to some short term stuff.

Price:
$48.330
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Yes
2016-08-18 TOP PICK Fairfax-Financial
FFH-T
Hap (Robert) Sneddon FCSI

Fantastic business and management.  It is pretty volatile, but we see a nice long term trend.  Management has a better vision around the world than most of us do. 

Price:
$725.010
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Yes
2016-08-18 TOP PICK Transcontinental-Inc.--A-
TCL.A-T
Michael Simpson, CFA

Printer.  The news paper industry is maturing so they diversified into flexible packaging.  5 times cash flow, 8 times earnings.  Decent 5 year dividend growth rate. 

Price:
$18.580
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
SELECTIVE
Owned:
Yes
2016-08-17 TOP PICK Allergan-PLC.
AGN-N
Bruce Tatters

He sees this going into the mid $300 within 12-15 months. They are going to do some deals and they have a fantastic CEO. You don’t know where it is going to be until they do a deal and the earnings accrete. You can be very surprised how fast earnings can accrete when the right deals are done.

Price:
$253.300
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2016-08-17 TOP PICK Capital-Senior-Living
CSU-N
Colin Stewart

A demographics play. Operates seniors’ homes and assisted living independent homes in the US. He likes this better than something like a Chartwell (CSH.UN-T), because 1) it trades at a big valuation discount and 2) they don’t have any exposure to Medicare, Medicaid or government reimbursement. 98% of their facilities are private pay. This is an industry where occupancy is growing. Trading at a discounted valuation, relative to what some of the larger players in the US and a Chartwell trade at. Doesn’t pay out a dividend, but instead are reinvesting the cash flow into the business so that they can grow more quickly.

Price:
$15.910
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
CAUTIOUS
Owned:
Yes
2016-08-17 TOP PICK Maple-Leaf-Foods
MFI-T
Colin Stewart

A nice steady company for what could be a rocky market environment. The dominant company in Canada for branded protein products, pork, bacon, etc. Has gone through a massive transformation over the last 5-6 years. They’ve gone from 20 some odd manufacturing facilities, down to 6, which has helped margins increase substantially. In an enviable position with a very strong balance sheet. Sold their stake in Canada Bread a few years ago, and as a result have $300 million in cash on their balance sheet, and no debt. This gives them the ability to probably deploy $800-$900 million of capital through acquisitions, share purchases and dividend increases. If they do that, the valuation discount, versus some of its US peers, will close. This is a business that is going to continue to see margin expansion. Dividend yield of 1.6%.

Price:
$28.880
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
CAUTIOUS
Owned:
Yes
2016-08-17 TOP PICK Service-Corp-International
SCI-N
Colin Stewart

A pretty boring, steady business. An industry he has followed and been invested in for a long time. This is a much higher quality company than StoneMor (STON-N). They operate both funeral homes and cemeteries. The largest player and a consolidator in a fragmented industry, and have made a number of acquisitions which have been very accretive for them. Thinks they will continue to consolidate. Demographics are favourable. There are fairly high barriers to entry for competition.

Price:
$26.680
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
CAUTIOUS
Owned:
Yes
2016-08-17 TOP PICK Suncor-Energy-Inc
SU-T
Bruce Tatters

He can’t say exactly when oil prices are going to make their move higher, but they are unsustainably low down here. It doesn’t mean that they can’t stay low for a while longer, but down here production can’t grow globally eventually, and that is going to come home to roost as demand grows. He likes this because most of its operations are in Canada. US refiners are getting bludgeoned right now because of a unique problem to the US called RINS (?). Dividend yield of 3.19%.

Price:
$36.330
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2016-08-17 TOP PICK XPO-Logistics--Inc
XPO-N
Bruce Tatters

This handles freight, last mile globally. It has been an acquisition story where it has been gaining the scale to do logistics businesses globally for major companies. This is going to benefit from all the e-commerce trends. It also has very, very strong organic growth for the next few years, despite a really weak overall freight market. Well-managed. Has incredibly strong earnings growth for the next couple of years. 

Price:
$36.000
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2016-08-16 TOP PICK Algonquin-Power--and--Utilities-Corp
AQN-T
Andrew Pink

(Instalment Receipt, not the stock.) The company is a half regulated utility and a half renewable power story. Has a lot of exposure in the US, and management is very solid. They are going through a process to buy EDE, a US regulated utility through the use of an instalment receipt, where you put up a 3rd of the cash on day one, giving you a 5% return on that capital, and is effectively a 15% return. You put up the other two thirds of the capital when the deal closes, which he expects to happen in Q1. This was issued at $33.30, and the par value is $100. Effectively it is a convertible debenture. 

Price:
$12.180
Subject:
INCOME STRATEGY (Divs, Fixed & Preferreds)
Bias:
UNKNOWN
Owned:
Yes
2016-08-16 TOP PICK Cineplex-Inc
CGX-T
Christine Poole

This has pulled back a little because it got ahead of itself. Just reported and the negative impact was on the film slate, which they cannot control. Very good operators and do an excellent job on everything outside of the film slate. They are increasing concession spend and new formats to watch the films. They are developing the Rec Room and the entertainment sports complex which is opening in the fall. They have brought E-gaming into Canada. Their media division is doing quite well. Dividend yield of 3.14%.

Price:
$50.710
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2016-08-16 TOP PICK Fortis-Inc.
FTS-T
Christine Poole

This is for those seeking income. It is not an exciting company. A regulated gas and utility company. Based out of Newfoundland, but they have operations across Canada as well as the US. Dividend yield of 3.5%, and thinks it is going to grow at 6% from now through to 2020. Recently announced an acquisition of ITC, a US-based regulated utility, which she feels will be accretive to earnings going forward.

Price:
$42.430
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2016-08-16 TOP PICK Mondelez-International
MDLZ-Q
Christine Poole

The #1in candy, biscuits and chocolates, and #2 in gum. This has over 40% coming in from emerging markets, and the emerging market consumer is a secular growth area for the next decade at least. It is also an area that has lower private label competition. They just recently launched chocolate into China. The company is focused on improving their operating margins. Dividend yield of 1.77%.

Price:
$42.700
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2016-08-16 TOP PICK Tricon-Capital-Group
TCN-T
Andrew Pink

A theme that he really likes is multifamily US housing. He has done really well on similar companies. These are land and development people but have also got into single family housing in the US. A very interesting company, which he thinks is undervalued. Dividend yield of 2.54%

Price:
$10.240
Subject:
INCOME STRATEGY (Divs, Fixed & Preferreds)
Bias:
UNKNOWN
Owned:
Yes
2016-08-16 TOP PICK WSP-Global-Inc.
WSP-T
Andrew Pink

This is an engineering company with a global footprint. He likes the valuation. This plays into the theme of low interest rates and government spending. Thinks there is going to be a lot of government spending in the next 1-1.5 years, and this company will be bidding on a lot of contracts. Dividend yield of 3.47%.

Price:
$43.220
Subject:
INCOME STRATEGY (Divs, Fixed & Preferreds)
Bias:
UNKNOWN
Owned:
Yes
2016-08-15 TOP PICK Air-Lease
AL-N
Teal Linde

On the valuation side it does not get as much love as it should.  The share price has been going sideways for three years and the earnings have been going up.

Price:
$27.800
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
Yes
2016-08-15 TOP PICK CVS-Health-Corp
CVS-N
Teal Linde

Growing double digits on the top and bottom lines.  It held up when the markets were down 10% at the beginning of the year. 

Price:
$97.580
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
Yes
2016-08-15 TOP PICK DHX-Media
DHX.B-T
John Zechner

This develops kids content, and they cross sell it very well in various channels. Content is value, and you can sell content to various channels. Trading at a big discount to the rest of the group at 10X operating cash flow. It’s cheap, and at a point, it gets taken out. Well capitalized. Dividend yield of 0.85%.

Price:
$7.530
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-08-15 TOP PICK Alphabet-Inc--C-
GOOG-Q
John Zechner

This is a simple story. Online advertising, a high growth area. Between this company and Facebook (FB-Q) they own it totally. The greatest search engine in the world. They have the Android operating system, which is on 70% of the smart phones out there, and they give it away for free. If they ever monetized it! They make great acquisitions.

Price:
$782.440
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-08-15 TOP PICK Linamar-Corp
LNR-T
Teal Linde

6-7 times earnings is ridiculous.  Revenues grew 25% last year.  People are worried auto sales have reached a peak.  Last time sales were here it was 2000 after a booming company.  He thinks the share price drop is very overdone.

Price:
$56.110
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
Yes
2016-08-15 TOP PICK Martinrea
MRE-T
John Zechner

What he likes is that the auto sector is pricing in the next recession. People are assuming the auto industry is going into a big downturn. This is trading at a ridiculously low valuation at 3X operating cash flow and 7X forward earnings. They are hitting their numbers and the earnings are growing. This is the best aluminum play out there in terms of the lighter vehicle move. Good European exposure. Recently added a lot of new programs and plant facilities and are now seeing the benefits of that. Dividend yield of 1.35%.

Price:
$8.910
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-08-12 TOP PICK Cineplex-Inc
CGX-T
Jerome Hass

*SHORT* (Pairs trade with a Long on Cinemark (CNK-N). One of the most over-owned names in Canada. It is perceived to be a recession proof business, so people are willing to pay up for that. This has largely been flat over the last 18 months. A very, very expensive stock. With this pairs trade, he doesn’t care what movies are coming down the pipe.

Price:
$50.600
Subject:
LONG-SHORT STRATEGIES
Bias:
UNKNOWN
Owned:
Yes
2016-08-12 TOP PICK Cinemark-Holdings
CNK-N
Jerome Hass

*LONG* (Pairs trade with a Short on Cineplex (CGX-T). Trading at two thirds of Cineplex’s valuation, a bigger company, more liquid with better organic growth.

Price:
$37.960
Subject:
LONG-SHORT STRATEGIES
Bias:
UNKNOWN
Owned:
Yes
2016-08-12 TOP PICK iShares-N.A.-Technology-ETF
IGM-N
David Cockfield

This has been quiet lately, but he sees the Tech sector starting to come back in the US, and he is quite positive on the US economy. This ETF has started to show some signs of life after plateauing for a little while. Gives you good diversification.

Price:
$120.120
Subject:
CANADIAN & ETF's
Bias:
OPTIMISTIC
Owned:
Yes
2016-08-12 TOP PICK Inter-Pipeline
IPL-T
David Cockfield

Likes this as a way to back into the energy market out west. You get a good dividend (5.72%), and it doesn’t have the same problems as the major pipelines. They have good, long term contracts with big producers. This is a quasi utility. Good management. Made an acquisition that is going to be accretive.

Price:
$27.280
Subject:
CANADIAN & ETF's
Bias:
OPTIMISTIC
Owned:
Yes
2016-08-12 TOP PICK Just-Energy-Group
JE-T
Jerome Hass

*SHORT* This is a long-term short for him. They essentially sell energy contracts door-to-door, and knock on literally millions of dollars a year. You have to ask yourself when is the last time you bought something from a door-to-door salesman, let alone engaged in a multiyear energy contract. Also the attrition rate is about 16% a year.

Price:
$7.310
Subject:
LONG-SHORT STRATEGIES
Bias:
UNKNOWN
Owned:
Yes
2016-08-12 TOP PICK Tucows-Inc.
TC-T
Jerome Hass

Only 2 analysts cover this. A Toronto-based telecom company that operates entirely outside of Canada. They are a mobile virtual network operator (MVNO). They cut deals with Verizon (VZ-N) or T Mobile to buy rates from them, brand it under their own name, resell it, and have their own customer service. They really focus on customer service. Their value proposition is about half of what the incumbents charge in the US. Because they are using someone else’s infrastructure, it is a capital efficient business with about a 29% ROE. Management has been buying back a lot of shares.

Price:
$35.500
Subject:
LONG-SHORT STRATEGIES
Bias:
UNKNOWN
Owned:
Yes
2016-08-12 TOP PICK BMO-MSCI-Europe-High-Quality
ZEQ-T
David Cockfield

The majority of the securities are in Great Britain, Switzerland and Germany, and there are no problems with those economies. BREXIT is potentially a problem for the UK side, but the drop in the pound has really helped a number of the UK companies. The companies are multinationals, so you don’t have to worry about them in terms of BREXIT.

Price:
$18.420
Subject:
CANADIAN & ETF's
Bias:
OPTIMISTIC
Owned:
Yes
2016-08-11 TOP PICK CitiGroup
C-N
Ross Healy

Set of three THEME picks:  Between now and a year from now, the Fed will support the US until the election.  He thinks they will not follow Japan and buy up half the S&P 500.  The Fed wants to raise interest rates.  When we get past the election he thinks the Fed will become more realistic and interest rates will start heading up. C-N happens to be very, very cheap.  G-T has probably been one of the poorer performing gold stocks.  It is just a nice cheap income stock. Telus is a nice income stock. Things are going well for the company.

Price:
$45.730
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Unknown
2016-08-11 TOP PICK Goldcorp-Inc
G-T
Ross Healy

Set of three THEME picks:  Between now and a year from now, the Fed will support the US until the election.  He thinks they will not follow Japan and buy up half the S&P 500.  The Fed wants to raise interest rates.  When we get past the election he thinks the Fed will become more realistic and interest rates will start heading up. C-N happens to be very, very cheap.  G-T has probably been one of the poorer performing gold stocks.  It is just a nice cheap income stock. Telus is a nice income stock. Things are going well for the company.

Price:
$24.600
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Unknown
2016-08-11 TOP PICK Ivanhoe-Mines
IVN-T
Rick Rule

Difficult for him to understand why a speculator would not own this, if they want to be in the natural resource business. Truly spectacular deposits. Great balance sheet, and a once in an epoch promoter.

Price:
$1.780
Subject:
PRECIOUS METALS
Bias:
BULLISH on GOLD
Owned:
Yes
2016-08-11 TOP PICK Northern-Dynasty-Minerals-Ltd
NDM-T
Rick Rule

This is a stock that the market hates. It is involved in a political and legal dispute in Alaska. A wonderful big copper/gold deposit. Extraordinary leverage to the political settlement. What needs to happen is that management needs to engage better with their regional First Nations. If they do that, the political problem goes away.

Price:
$0.930
Subject:
PRECIOUS METALS
Bias:
BULLISH on GOLD
Owned:
Yes
2016-08-11 TOP PICK Nevsun-Resources
NSU-T
Rick Rule

They’ve really delivered with the Bisha Mine in Eritrea. Has a great balance sheet and a great income statement. The mine is coming into the zinc dominant part of the mine, just in time for a recovery in the zinc price. They took over Reservoir Minerals in Serbia, which is one of the highest grade undeveloped mineral deposits in the world. The knock on the company was always that they were going to do something stupid with all the money they made on the Bisha mine, and they answered that by doing something very smart. Their future is secured and they pay out a very nice dividend while you wait. Dividend yield of 5%.

Price:
$4.150
Subject:
PRECIOUS METALS
Bias:
BULLISH on GOLD
Owned:
Yes
2016-08-11 TOP PICK Telus-Corp
T-T
Ross Healy

Set of three Top Picks, THEME picks:  Between now and a year from now, the Fed will support the US until the election.  He thinks they will not follow Japan and buy up half the S&P 500.  The Fed wants to raise interest rates.  When we get past the election he thinks the Fed will become more realistic and interest rates will start heading up. C-N happens to be very, very cheap.  G-T has probably been one of the poorer performing gold stocks.  It is just a nice cheap income stock. Telus is a nice income stock. Things are going well for the company.

Price:
$43.880
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Unknown
2016-08-10 TOP PICK CGI-Group--A-
GIB.A-T
Jennifer Radman

They are on the consulting side in how to make businesses better, and are able to do that all throughout the execution. A great play for the underlying trends of technology implementation.

Price:
$64.240
Subject:
US LARGE
Bias:
UNKNOWN
Owned:
Yes
2016-08-10 TOP PICK Purpose-High-Interest-Savings
PSA-T (Not Lise
Jon Vialoux

All this does is to invest in high interest deposit accounts. It is a constant steady stream of income. He hates recommending cash, but this is essentially a place to park your cash during the summer. You will at least get your 1% annual income.

Price:
$0.000
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
CAUTIOUS
Owned:
No
2016-08-10 TOP PICK Steris-Corp
STE-N
Jennifer Radman

They supply operating rooms with equipment, sterilize surgical instruments, and sterilize replacement parts going into the body. There are a lot of good things happening with this name. They just made an acquisition of a UK company that does a lot of outsourcing for hospitals. Dividend yield of 1.57%.

Price:
$71.400
Subject:
US LARGE
Bias:
UNKNOWN
Owned:
Yes
2016-08-10 TOP PICK Tricon-Capital-Group
TCN-T
Jennifer Radman

This does residential real estate, and do it in a number of forms. You have rental apartments, they sell land to homebuilders, and all these businesses you see have a good yield. They also have the ability to grow that. Feels they have been penalized for temporary reasons, so there is a big discount to where the peer group is.

Price:
$9.450
Subject:
US LARGE
Bias:
UNKNOWN
Owned:
Yes
2016-08-10 TOP PICK SPDR-Pharma-ETF
XPH-N
Jon Vialoux

Pharmaceutical stocks tend to do well between August and November. Between August 13 and November 21, it tends to gain an average of 5.5%, and has been positive 80% of the time over the past 20 years. This is the period were shipments of pharmaceuticals and medicines tend to increase for the start of the cold and flu season. The 3rd quarter tends to be the best quarter for some of these Pharma stocks. This ETF owns a wide variety of pharmaceutical stocks and not all of them are high yielding, but you tend to benefit from the seasonal strength. Dividend yield of about 0.5%.

Price:
$46.750
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
CAUTIOUS
Owned:
No
2016-08-10 TOP PICK BMO-US-High-Dividend-Covered-Call-ETF
ZWH-T
Jon Vialoux

You want to be in high dividend yielding equities. They suffer much less volatility than the broader market. This is a broad based basket of sectors, plus you have that covered call on top of it. If we do get a flat market this is an ideal holding.

Price:
$19.870
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
CAUTIOUS
Owned:
No
2016-08-09 TOP PICK American-Hotel-Income-Properties
HOT.UN-T
James Rife

This has underperformed in the REIT sector, because management has been relatively aggressive in raising money. They’ve gone from starting the company, to a $450 million market cap. They buy railroad hotel properties in the US, and have long-term contracts on them. Dividend yield of 8.11%.

Price:
$10.520
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
No
2016-08-09 TOP PICK Secure-Energy-Services
SES-T
James Rife

About a $1.4 billion market cap. They do waste disposal for upstream oil/gas companies, and own a lot of landfills around Saskatchewan and Alberta. A great business to own for the longer-term. It is hard for competition to get in as there are barriers to entry. Because of that, there are only a few competitors, and it has a much better balance sheet than the others. They are growing a lot faster at a time when competitors are shrinking. You can see a lot of free cash flow being generated as more of their facilities come on line in the next few years. Dividend yield of 2.7% has a lot of room to rise.

Price:
$8.790
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
No
2016-08-09 TOP PICK Shopify-Inc.
SH-T
Gerard Ferguson

An e-commerce solutions provider. If you come up with a business, they can have a website up and running for you within 15 minutes, and be able to take payments for goods and services immediately. They’ve done a great job of integrating a bunch of moving parts. They are targeted towards small and medium-sized businesses, the fastest growing area of the market.

Price:
$50.850
Subject:
CANADIAN
Bias:
OPTIMISTIC
Owned:
Yes
2016-08-09 TOP PICK Tidewater-Midstream-and-Infrastructure-Ltd
TWM-X
James Rife

Has grown through acquisition and has a net cash balance sheet. They are starting to spend money integrating the assets they bought. Dividend yield of 2.9% is relatively safe because they have no debt. Their peers have moved up a lot, and this one hasn’t moved much at all. Trading at 6X EBITDA while their peers are trading at 12X, and this one’s balance sheet is better.

Price:
$1.380
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Unknown
2016-08-09 TOP PICK Seven-Generations-Energy-Ltd
VII-T
Gerard Ferguson

This came from nowhere 5 years ago, to now producing 125,000 barrels of oil equivalent. They’ve done a great job. It is being driven by the fact that they have one of the best resource plays in North America, in the Montney in Western Canada. They have 10 years plus of inventory that they have just added to. Have also done a great job of reducing costs.

Price:
$29.900
Subject:
CANADIAN
Bias:
OPTIMISTIC
Owned:
Yes
2016-08-09 TOP PICK Sleep-Country-Canada-Holdings
ZZZ-T
Gerard Ferguson

Has been a public company for about 18 months and have done a great job of growing market share. They’ve done a fantastic job of introducing higher margin products like bedding and bedsheets into their product line, and an exceptional job of growing not only same-store sales, but also new store openings. Dividend yield of 1.88%.

Price:
$31.970
Subject:
CANADIAN
Bias:
OPTIMISTIC
Owned:
Yes
2016-08-08 TOP PICK KOA-Corporation
6999-JP
Lorne Steinberg

A 75-year-old Japanese company that is the best in the world in some very niche electronic component businesses, like specialized sensors. Like so many Japanese companies, it is trading for basically it’s working capital. You are basically getting the entire business for free. It has no debt. Dividend yield of 3.49%.

Price:
$0.000
Subject:
VALUE STOCKS & HIGH YIELD BONDS
Bias:
BEARISH on BONDS
Owned:
Yes
2016-08-08 TOP PICK Cineplex-Inc
CGX-T
David Baskin

Three kinds of seats: with VIP you can have wine and a roast beef sandwich.  You can spend a lot of money on a movie.  Good dividend yield with a history of increases.  Earnings reported this week so wait till they come out.

Price:
$50.320
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Yes
2016-08-08 TOP PICK Goldman-Sachs
GS-N
Lorne Steinberg

This has suffered along with all the global investment banks. They don’t have any serious regulatory issues, but are all suffering from low interest rates as well as regulatory oversight issues, having to pull capital out of trading businesses. The great news is that while everybody else is reducing exposure to trading businesses, this bank is not. There is going to be, and already is, a lot less competition in those trading businesses that they run so well and so shrewdly. Trading at about 10X earnings, a slight discount to tangible BV. Dividend yield of 1.6%.

Price:
$162.830
Subject:
VALUE STOCKS & HIGH YIELD BONDS
Bias:
BEARISH on BONDS
Owned:
Yes
2016-08-08 TOP PICK Home-Capital-Group
HCG-T
David Baskin

He has loved it since it was $6.  It was attacked by short sellers about 18 months ago when mortgage brokers gave them some bad information.  All of the mortgages they wrote with these brokers had loss experiences no different than any others.  Alberta is not hurting them.  It is priced at 7 times earnings when it should be 10 times.  It missed earnings recently by 3 or 4 cents.

Price:
$29.680
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Yes
2016-08-08 TOP PICK H-and-R-Real-Estate-Inv-Trust
HR.UN-T
David Baskin

Has a terrific, sustainable yield with a history of high occupancy.  They are conservative operators of the real estate.  The yield is fully taxed so you may want it in a registered account.

Price:
$23.360
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Yes
2016-08-08 TOP PICK Koninklijke-Philips-Electronics
PHG-N
Lorne Steinberg

Finally spun off its lighting business into an IPO, called Philips Lighting. They own 75%, and got a great price for it. The lighting business accounts for about $3 per share of the value of the stock. They also got about $750 million from the IPO. They are now really a medical technology company, and are in some great niches that are growing. In fact, earnings growth for the next 3 years should be in a 10%-20% level, probably closer to 20%. Has not been well-managed in the past, but as a medical technology device business, they are incredibly well positioned. #1 globally in several of their areas. They will be cleaning up their balance sheet and probably making some more bolt-on acquisitions. Dividend yield of 3.36%.

Price:
$26.850
Subject:
VALUE STOCKS & HIGH YIELD BONDS
Bias:
BEARISH on BONDS
Owned:
Yes
2016-08-05 TOP PICK Aegon-N.V.
AEG-N
Benj Gallander

He has done very badly on this. Paid about double for it, but is sticking with it. They have been hit recently by a couple of things. 1) Brexit. Although it is a huge Dutch company, they own Transamerica in the US, as well as many other companies. They sold part of their operations in Britain, but they still operate there. 2) They are also getting hit by low interest rates. Likes management. In 2008, they had to be bailed out by the Dutch government. Thinks it has a lot of upside.

Price:
$4.100
Subject:
CONTRARIAN INVESTING
Bias:
UNKNOWN
Owned:
Yes
2016-08-05 TOP PICK Alacer-Gold-Corp
ASR-T
Benj Gallander

Gold. One of the big dangers about this company is that it is in Turkey. He doesn’t think that is going to impact them because it is not where the fighting is going on. They have US$311 million in the till. Have done a financing for $350 million, so are looking to expand their project. Made about $12 million last quarter. Good management. He could see this doubling.

Price:
$3.280
Subject:
CONTRARIAN INVESTING
Bias:
UNKNOWN
Owned:
Yes
2016-08-05 TOP PICK CASH
CASH
Don Vialoux

This is the time of year when you start to get a spike in the VIX. When volatility starts increasing, equity markets move lower. Typically, from now until the middle of October, we have some kind of incident that causes that volatility. This is a warning sign, but is also an opportunity. Historically between now and the middle of October, North American equity markets reach a very important seasonal low.

Price:
$0.010
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
UNKNOWN
Owned:
Unknown
2016-08-05 TOP PICK Global-X-Silver-Miners
SIL-N
Don Vialoux

Silver has strong positive seasonality from about the end of July through to about the middle of October of each year. Technically silver equities are already in gear and are actually outperforming silver itself. Silver and silver equities are very attractive at current prices.

Price:
$50.540
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
UNKNOWN
Owned:
No
2016-08-05 TOP PICK United-Security-Bancshares-Inc
USBI-Q
Benj Gallander

This was never a big trader. His target price is over $21. Their bottom line will get hit going forward, because they are building new headquarters in Birmingham. Financial ratios are great.

Price:
$9.310
Subject:
CONTRARIAN INVESTING
Bias:
UNKNOWN
Owned:
Yes
2016-08-05 TOP PICK iShares-S-and-P-TSX-Global-Gold
XGD-T
Don Vialoux

Gold equities is the key. The price of gold has just gone to a 4 year high, and the equities have gone into a 3 year high. There is a good seasonality for gold equities from right now through until the middle of October.

Price:
$17.030
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
UNKNOWN
Owned:
Yes
2016-08-04 TOP PICK Bayerische-Motoren-Werke-AG
BMW-GR
Paul Harris, CFA

A great story. He thinks there is going to be an increase in car sales in Europe like there was in the US. This company has sold the most number of cars, although the US was down a little, but in China and Europe they are throwing up tons of free cash. A great global brand. Trading at 7X earnings. 4.22% dividend yield.

Price:
$0.000
Subject:
NORTH AMERICAN/GLOBAL
Bias:
BEAR
Owned:
Yes
2016-08-04 TOP PICK Johnson--and--Johnson
JNJ-N
Paul Harris, CFA

Great company. 3 different divisions. Pharmaceutical is 45% of revenue, medical devices about 25%, and consumer products of about 19%. This is the 54th year that they have increased their dividend. Dividend yield of 2.58%.

Price:
$123.860
Subject:
NORTH AMERICAN/GLOBAL
Bias:
BEAR
Owned:
Yes
2016-08-04 TOP PICK Kraft-Heinz-Company--merged-
KHC-Q
Paul Harris, CFA

This was a merger of Kraft and Heinz. Earnings just came out and they quadrupled their bottom line because of cost cuts and lower commodity costs. Kraft was a much more US domestic business and Heinz was a much more international business, so cross-selling will be really important. Trading at around 20X earnings. This will do another acquisition, much bigger, down the road. Dividend yield of 2.8%.

Price:
$85.540
Subject:
NORTH AMERICAN/GLOBAL
Bias:
BEAR
Owned:
Yes
2016-08-04 TOP PICK SPDR-S-and-P-500-ETF
SPY-N
John Hood

Broad US market, S&P 500 index.  It has $200 Billion in assets.  It is the largest ETF of them all.  A lot of people have domestic and foreign ETFs, but no US ETFs.  This represents the whole US market.  Long term he is very bullish on the US.  It trades in US$.

Price:
$216.410
Subject:
OPTIONS & ETFs
Bias:
BULLISH on US ECONOMY
Owned:
No
2016-08-04 TOP PICK BMO-S-and-P-TSX-Oil--and--Gas-ETF
ZEO-T
John Hood

He likes the equal weight approach.  He is looking for a trade here.  You could see a bit of a lift on this one.

Price:
$11.540
Subject:
OPTIONS & ETFs
Bias:
BULLISH on US ECONOMY
Owned:
Yes
2016-08-04 TOP PICK BMO-Equal-Weight-US-Banks-Hedged-to-CAD-ETF
ZUB-T
John Hood

Hedged US bank ETF.  You had to wait to get into this sector until the litigation feast was over.  The US banks have lagged the industry.

Price:
$18.610
Subject:
OPTIONS & ETFs
Bias:
BULLISH on US ECONOMY
Owned:
No
2016-08-03 TOP PICK Helen-of-Troy-Ltd.
HELE-Q
Gordon Reid

A developer and distributor of well-known products such as Revlon, Sunbeam, Vidal Sassoon, Dr. Scholl’s, etc. The company has done extremely well, but hit a bit of a hiccup in terms of growth in the last year or 2, but it appears that the growth has resumed. Trading at a mid-teens multiple, but have a very nice free cash flow yield of about 7.5%. This is a good time to buy.

Price:
$95.550
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
Yes
2016-08-03 TOP PICK Magna-Int-l.--A-
MG-T
Peter Hodson

This is a valuation call. Trading at 7X earnings. We had peak auto production last year. A great company, a great industry, the largest in North America, big European presence, and people are saying it is over and no one is going to buy a car again. They forget that Tesla (TSLA-Q) and Apple (AAPL-Q) have already talked to this company about production. Magna has the balance sheet to make pretty much any acquisition they want. Even if the sector did roll over, this company would just pick away at certain companies, and build up their market share for the next cycle. Very well-run. Dividend yield of 2.64%.

Price:
$49.640
Subject:
CANADIAN SMALL & MIDCAPS
Bias:
BULLISH
Owned:
No
2016-08-03 TOP PICK New-Flyer-Industries-Inc.
NFI-T
Peter Hodson

A bus manufacturer. 15X earnings. There is a big position in terms of shareholder ownership of a company called Marco Polo, European bus manufacturer. He likes their backlog of $5.3 billion, which is more than 2 years of revenue. They continue to win orders and are executing very, very well. Costs are going down. In the last quarter, they increased their dividend by 37%. Dividend yield of 2.35%.

Price:
$40.350
Subject:
CANADIAN SMALL & MIDCAPS
Bias:
BULLISH
Owned:
No
2016-08-03 TOP PICK Priceline.com-Inc.
PCLN-Q
Gordon Reid

One of the most successful companies on the exchange. It has done extremely well through the years, and continues to do so. An online travel company, and owns booking.com, open table, Kayak. Very, very successful and high growth. Gross bookings rise anywhere from 25% to 30% year-over-year on a quarterly basis. He is looking for about $67 a share in earnings this year, and probably at $80 for next year.

Price:
$1371.140
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
Yes
2016-08-03 TOP PICK Pure-Technologies-Ltd
PUR-T
Peter Hodson

An infrastructure company testing things like pipelines and bridges, etc. Has a very big water business. Made an acquisition that is starting to work out pretty well. Their technology tests a pipeline to make sure that it is still robust. Revenue growth last quarter was 71%, and 35% of that was organic growth. Management has about a 5% position. They have a “no debt” balance sheet with cash on the books. A fairly small company that is starting to hit it out of the park. Dividend yield of 2.14%.

Price:
$5.670
Subject:
CANADIAN SMALL & MIDCAPS
Bias:
BULLISH
Owned:
No
2016-08-03 TOP PICK Tenneco-Inc.
TEN-N
Gordon Reid

A derivative of the auto play. It manufactures exhausts and ride control systems. Some of the auto companies have had issues, but we are still seeing record levels of units. The run rate is still about 18 million units in North America, and about 60 million globally. What he likes is that it has a catalyst. Emission standards have been tightened, and will continue to do so.

Price:
$54.620
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
Yes
2016-08-02 TOP PICK Birchcliff-Energy-Ltd.
BIR-T
Dennis da Silva

A name he has always been on the fence with. A dry gas producer. A nice way to play a gas recovery with a torque. He likes the Gordondale acquisition, a gas asset that they got from Encana. Did a very successful $700 million equity offering to finance the purchase. This adds a significant component of liquids, so now it is a 24% liquids company, rather than 10%. That helps the margins.

Price:
$9.280
Subject:
CANADIAN RESOURCES
Bias:
UNKNOWN
Owned:
Yes
2016-08-02 TOP PICK Computer-Sciences
CSC-N
Greg Dean

This is an IT services company. Valuation is almost a 10% free cash flow yield. In May they announced they were acquiring HP Enterprises. Thinks people are underestimating the accretion and the synergies delivered from this merger. It is a very fragmented industry. They will be a multibillion-dollar company poised to continue making accretive acquisitions. Dividend yield of 1.18%.

Price:
$47.590
Subject:
GLOBAL GROWTH
Bias:
UNKNOWN
Owned:
Yes
2016-08-02 TOP PICK Freehold-Royalties
FRU-T
Dennis da Silva

A royalty company, and a way of trying to reduce risks and volatility. It is always compared to PrairieSky (PSK-T), but about 4th the size and trades at about a 50% discount in terms of valuation. He likes the valuation and recently bought the equity issue, which he feels gives good torque to oil. It is about two thirds oil. Payout ratio is only two thirds of its cash flow, and about two thirds of that is the actual dividend. Solid balance sheet.

Price:
$10.730
Subject:
CANADIAN RESOURCES
Bias:
UNKNOWN
Owned:
Yes
2016-08-02 TOP PICK Premier-Gold-Mines
PG-T
Dennis da Silva

Just acquired the Mercedes mine from Yamana Gold (YRI-T) for about $140 million, so they are now on the cusp of being a producer. South Arturo in Nevada will be producing any time now with a short mine life, so there are people questioning what happens after 2.5 years. Mercedes is also relatively short with about a 3.5 year reserve life. These are 2 projects the management team feels there is more to.

Price:
$4.970
Subject:
CANADIAN RESOURCES
Bias:
UNKNOWN
Owned:
Yes
2016-08-02 TOP PICK Signature-Bank
SBNY-Q
Greg Dean

They are extremely targeted and very focused on small/medium Enterprises, and the owner/entrepreneurs that run those businesses. A very conservative and well-run bank. They are carving out the top teens from all the top-performing bulge bracket banks. They come to Signature and get a P&L, so if they make a good loan, they participate in profits. If they make a bad loan, they have to wear the loss. BV multiple is about 1.8.

Price:
$117.980
Subject:
GLOBAL GROWTH
Bias:
UNKNOWN
Owned:
Yes
2016-08-02 TOP PICK Walgreen-Boots-Alliance
WBA-Q
Greg Dean

Over the last 30 years, they have compounded shareholders’ wealth at 10%. They are changing the front of the store, moving up the ranks. Today you are paying 15X and thinks you’re getting Rite Aid for free.

Price:
$78.950
Subject:
GLOBAL GROWTH
Bias:
UNKNOWN
Owned:
Yes
2016-07-29 TOP PICK Birchcliff-Energy-Ltd.
BIR-T
Eric Nuttall

They did an asset acquisition off ECA-T.  They de-levered their balance sheet.  They diluted a major shareholder.  They extended their inventory by many years.  He estimates it is trading at a PE of 6 and should get re-rated to 7.

Price:
$9.440
Subject:
ENERGY & SMALL CAP EQUITIES
Bias:
BULLISH on ENERGY
Owned:
Yes
2016-07-29 TOP PICK Cardinal-Energy-Ltd
CJ-T
Eric Nuttall

Good sensitivity to oil without the financial leverage.  Decline rates are low. 

Price:
$9.040
Subject:
ENERGY & SMALL CAP EQUITIES
Bias:
BULLISH on ENERGY
Owned:
Yes
2016-07-29 TOP PICK Computer-Program--and--Systems
CPSI-Q
Lorne Zeiler

Provides end to end solutions for patient care for small, rural hospitals, acute care facilities and financial planning and accounting software. They made an acquisition and lost some clients as a result, and the stock came down significantly. They see some great synergies, and are actually ahead of schedule. There are a lot of positives going on with the company. It has a great pipeline. They figure about 150% growth in terms of sales. There is a new compliance regulation coming out, which a lot of smaller players will not be able to comply with. Trading at about 11X forward earnings. Dividend yield of 6.46%.

Price:
$39.640
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Yes
2016-07-29 TOP PICK DHX-Media
DHX.B-T
Eric Nuttall

One of the largest children’s content owners.  They get paid every single time a child watches a show.  They have a significant YouTube strategy.

Price:
$7.100
Subject:
ENERGY & SMALL CAP EQUITIES
Bias:
BULLISH on ENERGY
Owned:
Yes
2016-07-29 TOP PICK LyondellBasell-Industries
LYB-N
Lorne Zeiler

Basically a manufacturer, designer and technology company around plastics and polymers. They also have a refining division. Valuation is really cheap. The company did quite well, particularly when there was a disparity between oil and gas. Trading at about 7X forward earnings. He anticipates earnings to be on a declining scale in 2016, but likely to stabilize in 2017. Dividend yield of 4.52%.

Price:
$75.260
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Yes
2016-07-29 TOP PICK BMO-S-and-P-TSX-Laddered-Preferred
ZPR-T
Lorne Zeiler

Rate reset preferreds started coming out in 2008. They declare a dividend which has a formula attached to it. Every 5 years that rate gets reset based on a formula, a 5-year Government bond and some kind of spread. Sold off a lot last year, because the yield curve flattened significantly and there was a fear the rate resets were going to be a lot lower. However, what has tended to happen, is that you are now getting yields of about 5.5%. Actually one of the few securities that if interest rates go up, you are going to benefit from it. He could see about 5%-10% growth, plus reset rates going higher if rates do increase.

Price:
$9.960
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Yes
2016-07-28 TOP PICK Brookfield-Asset-Management--A-
BAM.A-T
Andy Nasr

Exposure to several downstream entities.  Good exposure to inflation protected cash flows.  The fee income from their assets is increasing.  This should cause the stock to get re-rated and move higher.  There is significant upside in the next 12 months.

Price:
$45.000
Subject:
GLOBAL
Bias:
OPTIMISTIC
Owned:
Yes
2016-07-28 TOP PICK CVS-Health-Corp
CVS-N
Andy Nasr

It made a transition over the last 10 years to pharmacy benefits.  It pulled back and only trades at 15 times earnings.  It has great growth potential if you consider the aging demographics.  A strong labour market means more people are spending more on healthcare.

Price:
$93.390
Subject:
GLOBAL
Bias:
OPTIMISTIC
Owned:
Yes
2016-07-28 TOP PICK Enbridge-Income-Fund-Holdings
ENF-T
Greg Newman

He sees a 9% EPS growth from Enbridge (ENB-T) drop downs over the next couple of years, and a 10% annual dividend growth each and every year for the next couple of years. This is cheap relative to its peers. Maybe you don’t want to Buy it here. If so, you can sell a Put to end up owning it at a lower price. Dividend yield of 5.85%.

Price:
$31.900
Subject:
CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias:
BULLISH
Owned:
Yes
2016-07-28 TOP PICK Live-Nation-Entertainment-Inc.
LYV-N
Andy Nasr

30% market share of the global concert industry.  They make acquisitions and are increasing their penetration with secondary ticket sales.  Good long term growth potential.

Price:
$25.740
Subject:
GLOBAL
Bias:
OPTIMISTIC
Owned:
Yes
2016-07-28 TOP PICK Magna-Int-l.--A-
MG-T
Greg Newman

The industry is slowing, and this company is aware of that. There was concern with Ford (F-N) today, but the PEs in the whole space are at a 20-year low. For this to make sense, he has to see EPS contract by 30%-40%, so they are cheap. 79% sales growth and 18% EPS over the next couple of years, and a very cheap multiple with a great balance sheet for accretive M&A, for buybacks or possible dividend growth. They are only about 1% exposed to the UK, but 27% Europe. Dividend yield of 2.63%.

Price:
$49.790
Subject:
CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias:
BULLISH
Owned:
Yes
2016-07-28 TOP PICK Royal-Bank
RY-T
Greg Newman

As a group, banks are cheap relative to the TSX. We have likely seen the highest water mark in terms of energy fears. This had solid performance in Canadian banking and wealth, and have the best earnings power. They are not going to grow much this year, but over the next couple of years he predicts some pretty good growth. Dividend yield of 4.06%.

Price:
$79.770
Subject:
CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias:
BULLISH
Owned:
Yes
2016-07-27 TOP PICK Altagas-Ltd
ALA-T
Bill Harris, CFA

This is really good at driving little projects such as power, energy processing, etc. There are lots of investing they will be able to do, but are just not announcing it right now. 6% dividend yield.

Price:
$32.610
Subject:
RESOURCE & INFRASTRUCTURE
Bias:
UNKNOWN
Owned:
Yes
2016-07-27 TOP PICK Just-Energy-Group
JE-T
Bruce Campbell (2)

This does energy services and energy marketing, so they are a reseller of different products such as natural gas. Now they’ve just gotten into solar. Have done test marketing both in California and New York, which has gone well, so they are going to start to roll it out across the country. They are also starting to take their existing traditional services over into Europe. The company is on a bit of a growth path, and he thinks you could start to see the earnings accelerate. Trading at a fairly reasonable valuation. Dividend yield of 6.21%.

Price:
$8.050
Subject:
CANADIAN
Bias:
BULLISH
Owned:
Yes
Showing 1 to 120 of 22,820 entries
<< < 1 2 3 4 5 > >>