stockchase picture

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

Recent Top Picks

Date Signal Company Expert Opinion Price
2014-04-24 TOP PICK AutoCanada-Inc.
ACQ-T
Adam Thomas

Are buying dealership after dealership. Biggest problem is if auto sales slow down. With the currency, it would be hard for a private owner to compete with them when it comes time to buy a dealership.

Price:
$0.000
Subject:
AGRICULTURE, DIVIDEND & FIXED INCOME
Bias:
BEAR
Owned:
Yes
2014-04-23 TOP PICK Topre-Corporation
5975 Tokyo
Lorne Steinberg

Tokyo exchange so we don't track.

Price:
$0.000
Subject:
VALUE STOCKS & HIGH YIELD BONDS
Bias:
CAUTIOUS
Owned:
Unknown
2014-04-23 TOP PICK Cisco
CSCO-Q
Lorne Steinberg

This is a value manager’s dream because Wall Street hates this company. All analysts have downgraded it. When he looks at it, he sees a company with about 30% of the market cap in net cash. Earnings will have flattened this year at around $1.95-$2 level. This company remains #1 in the world in all of their businesses. Have tremendous scale. Great management team. Earnings are poised to rebound in 2015, partly due to just general tech spending increases especially in their area. Yield of 3.25%.

Price:
$23.500
Subject:
VALUE STOCKS & HIGH YIELD BONDS
Bias:
CAUTIOUS
Owned:
Yes
2014-04-23 TOP PICK Concordia-Healthcare
CXR-T
Bruce Campbell (2)

Continue to be a growth by acquisition story.  Buy drugs that are just coming off patent.  Have a similar structure to Valiant. 

Price:
$23.490
Subject:
AGRICULTURE, DIVIDEND & FIXED INCOME
Bias:
BULL on CANADIAN MARKET
Owned:
Yes
2014-04-23 TOP PICK Manulife-Financial
MFC-T
Lorne Steinberg

The worst is over for this company. Earnings rebounded this year and he is looking at double digit earnings growth for 2015. To him, that means we are going to start seeing the dividend increasing again. They are suddenly doing everything right. Have a great global presence. Their whole hedging strategy, which caused them problems, has been well thought out and cleaned up. Dividend yield of 2.5%.

Price:
$20.600
Subject:
VALUE STOCKS & HIGH YIELD BONDS
Bias:
CAUTIOUS
Owned:
Yes
2014-04-23 TOP PICK Sensio-Technologies-Inc.
SIO-X
Bruce Campbell (2)

Allows TV manufacturers to put 3D into DC sets.  They have 4 of the 5 largest manufacturers in the world.  They have a service to stream 3D movies like NetFlix.

Price:
$0.270
Subject:
AGRICULTURE, DIVIDEND & FIXED INCOME
Bias:
BULL on CANADIAN MARKET
Owned:
Yes
2014-04-22 TOP PICK Brookfield-Residential-Property
BRP-T
Colin Stewart

A play on US housing, a trend he likes which he expects will continue to improve over the next number of years. One of the leading land development companies and homebuilders. The difference between them and other homebuilders is that they have about half their business in Western Canada, which has been very strong with the other half in the US. Almost more of a land development business where they make their profits by developing and selling lots than they do from building homes. Rising home prices in the US would lead to strong appreciation in land prices. Have about a 20-25 year inventory of lots in land, where the traditional homebuilder has only a 4-6 year inventory.

Price:
$22.830
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
BULLISH on US ECONOMY
Owned:
Yes
2014-04-22 TOP PICK Canfor-Pulp-Products
CFX-T
Colin Stewart

A large producer of softwood pulp in North America which goes into producing things like tissue paper, etc. Benefiting from current strong pulp prices and a weak Cdn$. Thinks it is going to generate a very significant amount of free cash flow over the next couple of years, in excess of $1 a share. Yield of 1.86% and there is a very strong possibility that this will be increased significantly over the next 12-18 months.

Price:
$11.170
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
BULLISH on US ECONOMY
Owned:
Yes
2014-04-22 TOP PICK Corby-Spirit-and-Wine--A-
CSW.A-T
Colin Stewart

Trading at a discount of 11X EBITDA versus 18X EBITDA of other companies. 3.5% dividend yield, so you get paid to wait. Undergoing a fairly major expansion in the US with their J P Wiser brand, one of the leading brands of rye whiskey in Canada. This is a really hot trend today in the spirits market. If successful with the expansion in the US, there could be a significant earnings upside. The wildcard is Pernod Ricard, the 4th or 5th largest liquor company in the world that owns 50% of this company. They might make a bid for the rest of Corbys. Yield of 3.44%.

Price:
$21.020
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
BULLISH on US ECONOMY
Owned:
Yes
2014-04-22 TOP PICK HAP-Floating-Rate-Bond-ETF
HFR-T
Jon Vialoux

A good cash alternative way where you can hide out during the summer. This holds a basket of corporate bonds and has a floating rate attached to it, to hedge out the interest-rate risk. If bond rates and interest rates go higher, you will tend to benefit from this. A very conservative play.

Price:
$10.220
Subject:
SEASONAL & TECHNICAL
Bias:
CAUTIOUS
Owned:
No
2014-04-22 TOP PICK Kellog
K-N
Jon Vialoux

This is your classic defensive play. A consumer staples company that has a low PE of about 13 as opposed to the market which is about 17. The period of seasonal strength for this can run between now, April through to July. Consumer Staples in general can do well all the way through to October. The average gain from April 27 to October 7 is 9.18%. On the technicals, the chart shows what he would call a bit of a Bull flag. This sharpness has come on during takeover talks, but he is not playing it on this basis, but on a seasonal basis.

Price:
$66.280
Subject:
SEASONAL & TECHNICAL
Bias:
CAUTIOUS
Owned:
No
2014-04-22 TOP PICK Scholastic-Corp.
SCHL-Q
Jon Vialoux

The bulk of their operating income comes in the quarter from September through to November, the start of the school season. The period of seasonal strength will obviously run from now, the end of April, all the way to September 30. The average gain for this company is 14.3%. There have only been 2 times where it has been negative in its 22 year history.

Price:
$33.350
Subject:
SEASONAL & TECHNICAL
Bias:
CAUTIOUS
Owned:
No
2014-04-21 TOP PICK Bellatrix-Exploration-Ltd.
BXE-T
James Hodgins

Growth on this is baked in the cake. Already have something like 35,000 BOE equivalents behind pipe so they are building some pipeline extensions. Once that is done, he thinks this quarter you are going to see production go from 25,000 to probably 40,000 BOEs a day and thinks the stock will keep pace with the growth.

Price:
$10.230
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
CAUTIOUS
Owned:
Yes
2014-04-21 TOP PICK Easyhome
EH-T
Fabrice Taylor

Still has a lot of room to go up.  Leasing side is quite mature and produces good cash flow.  Once the lending platform is built, everything is just profit so he thinks you will see a ramping up in valuation.  Very disciplined in their underwriting process.

Price:
$18.550
Subject:
NORTH AMERICAN
Bias:
SELECTIVE
Owned:
Yes
2014-04-21 TOP PICK Guestlogix
GXI-T
James Hodgins

Base business was built on processing credit card transactions while traveling on an airplane. They built that platform and have about 80% market share in North America. A big new thing is they are now selling in airport kiosks rental cars, etc through NCR. Also, have a deal with Panasonic by putting in one-touch purchase systems in the back of airplane seats. Now have 22 new deployments which is more than double what they have ever had previously. Sees growth in the next 2 or 3 quarters and they are going to deliver some big-time growth numbers.

Price:
$1.290
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
CAUTIOUS
Owned:
Yes
2014-04-21 TOP PICK McCoy-Corp.
MCB-T
Fabrice Taylor

It had a mishap with an ERP installation (software).  These things are tricky to implement.  It is a temporary problem and in the long term the ERP will increase profits.  Next year will be very good for profits because they go into replacement parts.

Price:
$6.250
Subject:
NORTH AMERICAN
Bias:
SELECTIVE
Owned:
Yes
2014-04-21 TOP PICK Merus-Labs-International
MSL-T
James Hodgins

They want to build out a portfolio of mature drugs and eventually will institute a dividend and grow like that. Recently did an equity financing at about $1.70. He has bought more since then. Likely going to use the money for another acquisition to broaden out their portfolio which will help the stock to re-rate. Currently around 5-6 times EBITDA. He can see a double on this once they start to broaden out.

Price:
$1.610
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
CAUTIOUS
Owned:
Yes
2014-04-21 TOP PICK The-Score-Inc.
SCR-X
Fabrice Taylor

It is a TV station and an APP, which is the hot, number 2 in North America.  Sports betting.  They did a financing last year and insiders took $7-9 million of 15.  Keep an eye on users and how much time they spend on the app.

Price:
$0.345
Subject:
NORTH AMERICAN
Bias:
SELECTIVE
Owned:
Yes
2014-04-17 TOP PICK Knight-Therapeutics
GUD-X
Jeff Parent B. Eng. FCSI

Got hit today because they are issuing warrants. Good opportunity to buy in right now. Has a lot of cash. Very interesting fundamental story. Technically it looks very strong as well.

Price:
$6.030
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH on CANADIAN MARKET
Owned:
Yes
2014-04-17 TOP PICK Paramount-Resources
POU-T
Eric Nuttall

Has a facility coming on stream in 6 months.  This asset will kick off a tremendous amount of free cash flow.  They are in one of the hottest areas in the deep basin in Alberta.  It might get pulled back a little, but he can’t tell you how much momentum is coming from US buyers.  Just because it has been parabolic, that doesn’t mean it has to pull back from here.

Price:
$57.330
Subject:
OIL & GAS
Bias:
BULL on OIL & GAS
Owned:
Yes
2014-04-17 TOP PICK Royal-Bank
RY-T
Jeff Parent B. Eng. FCSI

He is anticipating a pickup in M&A activity with a shift from bonds to stocks. This tends to be very good, especially for a company like this with their large wealth management component. From 2012 to the present, the chart has had a nice uptrend. It was a consolidation level around the $60 and $70 levels, but it is breaking out. Use $70 as a Stop. He can see this going to $80. Yield of 3.87%.

Price:
$73.420
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH on CANADIAN MARKET
Owned:
Yes
2014-04-17 TOP PICK Tourmaline-Oil-Corp
TOU-T
Eric Nuttall

(Top Pick Apr 17/13, Up 49.31%) Beneficiary of extraordinary success through the drill bit and strength in Canadian Nat Gas pricing.  They are 50% exposed and the rest is hedged.  More cash flow means more money to spend and it will lead to a higher multiple.  Great management team with heavy ownership and the commodity is helping them out now as well.

Price:
$55.470
Subject:
OIL & GAS
Bias:
BULL on OIL & GAS
Owned:
Yes
2014-04-17 TOP PICK Tourmaline-Oil-Corp
TOU-T
Jeff Parent B. Eng. FCSI

Very, very good performance. Set $51 as an exit price. Fundamentally it has a stronger production per share growth than a lot of its peers. Technically it looks very, very strong.

Price:
$55.470
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH on CANADIAN MARKET
Owned:
Yes
2014-04-17 TOP PICK Whitecap-Resources
WCP-T
Eric Nuttall

One of the most conservative dividend plays in the oil patch.  Just closed an acquisition of assets from Imperial oil.  He really liked it before and now he really, really likes this one.  In 2015 they will spend 85% of their cash flow and grow the dividend.  Yield is 4.93%. 

Price:
$14.080
Subject:
OIL & GAS
Bias:
BULL on OIL & GAS
Owned:
Yes
2014-04-16 TOP PICK Bank-of-Montreal
BMO-T
Jerome Hass

(SHORT) Long Guardian Capital (GCG.A-T) and short Bank of Montréal (BMO-T). (See comments under GCG.A-T.)

Price:
$76.080
Subject:
CANADIAN MID-LARGE & SHORT-LONG STRATEGIES
Bias:
SELECTIVE
Owned:
Yes
2014-04-16 TOP PICK Currency-Exchange-Intl.
CXI-T
Jerome Hass

Starting to get a little bit more recognition, but the key catalyst is that they are going to get a bank license at some point, which really opens up their marketing efforts and also helps to bring down their costs so they can buy directly from central banks. The #3 player in Canada and #4 in North America.

Price:
$12.700
Subject:
CANADIAN MID-LARGE & SHORT-LONG STRATEGIES
Bias:
SELECTIVE
Owned:
Yes
2014-04-16 TOP PICK Guardian-Capital-Group
GCG.A-T
Jerome Hass

Long Guardian Capital (GCG.A-T) and short Bank of Montréal (BMO-T). In 2001 they sold its mutual fund business to Bank of Montréal in exchange for 5 million shares. Have been sitting on the 5 million shares ever since. These holdings plus some of their other listed holdings, actually comes out to $14.25 at the end of the last quarter. Stock is trading at about $16.60-$16.70 and if you strip out the $14.25, the underlying business is trading at about 3X this year’s earnings, ridiculously cheap. There is also a scarcity of independent asset managers, so one day somebody is going to come and take out this company. He has had this trade on since April 2009.

Price:
$17.200
Subject:
CANADIAN MID-LARGE & SHORT-LONG STRATEGIES
Bias:
SELECTIVE
Owned:
Yes
2014-04-16 TOP PICK General-Electric
GE-N
Rick Stuchberry

This is a lagging play. Almost a proxy for the US economy, which hasn’t caught fire yet. With this company, you have finance, industrial, transportation, power, etc. If he is wrong and the market backs off a little bit, this will hold its own with its yield of 3.39%.

Price:
$26.120
Subject:
CANADIAN LARGE & ADRs
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
Yes
2014-04-16 TOP PICK Banco-Santander-SA
SAN-N
Rick Stuchberry

This bank did not take any government money through all the bailout in Europe. In the last 5 years, it has been a buyer of other banks. Positioned in Europe at about 40%, 10% in the US, but very big in Brazil and Mexico. Likes the mix between developed and emerging-market exposure. Growth should come as Latin America turns around. Yield of 8.48%.

Price:
$9.800
Subject:
CANADIAN LARGE & ADRs
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
Yes
2014-04-16 TOP PICK Starbucks
SBUX-Q
Rick Stuchberry

Doesn’t have as much yield as he likes, but growth is quite phenomenal, especially in Asia. They have really focused on growing in China and India and the demographics are really positive for them there. It continues to reinvent itself. Acquired Teavana because in a lot of the emerging markets, tea is more popular than coffee. Looking out 5 years, this company has the growth that he wants.

Price:
$70.790
Subject:
CANADIAN LARGE & ADRs
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
Yes
2014-04-16 TOP PICK Veeva-Systems-Inc
VEEV-N
Jerome Hass

SHORT. A software company in the CRM space and they use, as their building blocks, the large SalesForce.Com (CRM-N). As a condition SalesForce said you can only sell in the healthcare space. They already have 45% market share and there are 3 players in there. Doesn’t know how much more they could grow. Did an IPO 6 months ago. Initial IPO range was $12-$14 and they bumped it up to $20. If they were willing to sell their shares at $12-$14 and they are now at $24, you have to think that there are a lot of people who will be motivated to sell shares. He has been seeing this over the last 4-5 months. Also, their partner and supplier just announced they are going to become a competitor.

Price:
$22.630
Subject:
CANADIAN MID-LARGE & SHORT-LONG STRATEGIES
Bias:
SELECTIVE
Owned:
Yes
2014-04-15 TOP PICK Brookfield-Infrastucture-Partners
BIP.UN-T
Keith Richards

This is one where if it breaks down to its trend line, you can buy it. Great management. Infrastructure itself can be a reasonably defensive play. They have a history of raising their dividends. Low beta stock. Yield of 4.93%.

Price:
$43.310
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Yes
2014-04-15 TOP PICK CASH
CASH
Keith Richards

For the past 2 years, the market has been kind of volatile usually from around April or May and often troughing or making some kind of the summer bottom between June and September. He is looking to deploy some cash into some cheap stocks over the next few months.

Price:
$0.010
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Yes
2014-04-15 TOP PICK KKR--and--Co.-LP
KKR-N
Jennifer Radman

Their business is firing on all cylinders.  There was a pullback with the market.  They sell assets into the strong market, which allows them to collect their performance bonus.  The challenge will be investing in it, but with conservative return assumptions she gets pretty decent upside on it.  It also invests some of its own money in its investments and that contributes to the net asset value of the company.

Price:
$22.110
Subject:
US LARGE
Bias:
SELECTIVE
Owned:
Yes
2014-04-15 TOP PICK Kohl-s-Corp
KSS-N
Jennifer Radman

(Top Pick April 18’13, Up 17.83%) The whole group sold off because of the weather.  It’s a temporary issue.  They will be able to fire on all cylinders at some point then they get a re-rating.  A good entry point.  It seems to be the one that is being ignored.  They have tough competition, but she thinks they can compete.  At some point she thinks you will see everything firing and you will get a much higher share price.

Price:
$54.430
Subject:
US LARGE
Bias:
SELECTIVE
Owned:
Yes
2014-04-15 TOP PICK Varian-Medical-Systems
VAR-N
Jennifer Radman

Cancer rates are expected to increase across the world as the population ages.  The issue had been slow growth in the US, but she thought it was the shifting of the healthcare system.  Last quarter we saw an uptick.  They are also now selling their machines into developing markets.  A lot of room for growth here.

Price:
$82.060
Subject:
US LARGE
Bias:
SELECTIVE
Owned:
Yes
2014-04-15 TOP PICK SPDR-Consumer-Staples-ETF
XLP-N
Keith Richards

This is a seasonal play. Staples tend to do better over the summer. Also, from a technical perspective, it doesn’t look too bad. Chart is just starting to see a breakout right now of the highs of 2013. Thinks this will be a good position to hold for the next 3-6 months.

Price:
$43.200
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Yes
2014-04-14 TOP PICK Apple
AAPL-Q
John O'Connell, CFA

He is excited that there are new products later this year that will move the needle.  IPhone 6, for example.  IPhone watch is going to come out.  It will be popular.  New Ipads and new Macbook.  Technology in the phone will become an important part of payment technology.

Price:
$521.680
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Yes
2014-04-14 TOP PICK CASH
CASH
Josef Schachter

Keep 20-25% cash in oil weighted part of portfolio.  We could have a 20-30% correction.  There will be another great buying opportunity soon.

Price:
$0.010
Subject:
OIL & GAS
Bias:
UNKNOWN
Owned:
Yes
2014-04-14 TOP PICK Google
GOOGL-Q
John O'Connell, CFA

The voting shares.  You should always own the voting shares.  They don’t want control to fall to someone in the marketplace if one of the top guys dies.  A great company.

Price:
$548.700
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Yes
2014-04-14 TOP PICK Long-Run-Exploration
LRE-T
Josef Schachter

(Top Pick May 21/13, Up 31.81%) They made another acquisition last week.  They went into a dividend model, but they aren’t paying out that much of their cash flow.  50% Nat Gas.  Raised their dividend to 7.44% late last year and he thinks the dividend could be increased again in 2015.

Price:
$5.440
Subject:
OIL & GAS
Bias:
UNKNOWN
Owned:
Yes
2014-04-14 TOP PICK Sterling-Resources
SLG-X
Josef Schachter

He owned it in the past.  Significant discovery in the UK north sea in 2010.  Then he felt there would be delays and recommended selling it.  In Q4 2013 they brought it online.  They get a rig to start with this month.  Under 2 times cash flow.  Another field comes on Q2, 2015.  The management is on a road show this week in Canada.

Price:
$0.720
Subject:
OIL & GAS
Bias:
UNKNOWN
Owned:
No
2014-04-14 TOP PICK Spartan-Energy-Corp
SPE-X
John O'Connell, CFA

Picking off companies that pay out too much in dividends.  It is fairly valued to modestly cheap.  Lots of low hanging fruit.  They are going to create shareholder value. 

Price:
$3.870
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Yes
2014-04-11 TOP PICK Canyon-Services-Group
FRC-T
Martin Davies

They frack oil and gas reservoirs extremely well and in Canada.  Squeaky clean balance sheet.  Pays a nice dividend.  We had a falling off of utilization rates in 2013.  They were also dragged down with problems of Trican.  They then weaseled into some new work with Progress in Northeast BC.  Massive operational efficiencies with this company. 

Price:
$14.020
Subject:
CANADIAN OIL & GAS
Bias:
BULLISH on NATURAL GAS
Owned:
Yes
2014-04-11 TOP PICK Tourmaline-Oil-Corp
TOU-T
Martin Davies

Cash flow is going to double this year.  That is huge.  They have found new ways to tweak old reservoirs through pad drilling, new science, and fracking.  They are targeting formations where there is a lot of condensate which is very valuable.  This company has a growing production from condensate.  Only 10 times cash flow.  It is cheap.

Price:
$54.520
Subject:
CANADIAN OIL & GAS
Bias:
BULLISH on NATURAL GAS
Owned:
Yes
2014-04-11 TOP PICK Whitecap-Resources
WCP-T
Martin Davies

A yield company.  Very, very sharp at clever acquisitions.  They just purchased an imperial oil asset and now can grow at a very good rate.  5.1% yield.

Price:
$13.230
Subject:
CANADIAN OIL & GAS
Bias:
BULLISH on NATURAL GAS
Owned:
Yes
2014-04-10 TOP PICK Apple
AAPL-Q
Don Lato

Valuation is still compelling.  The big knock lately was no new products.  But with an increased R&D budget for the last several years and the greatest engineering team in the world, he believes we will see something before the end of the year.

Price:
$523.480
Subject:
NORTH AMERICAN
Bias:
BULLISH on CANADIAN MARKET
Owned:
Yes
2014-04-10 TOP PICK Agnico-Eagle-Mines
AEM-T
Philippe Capelle

If you need to own a precious metal you need one that delivers.  This one has a great growth profile.  It is THE company of size that benefits from the Canadian dollar weakness.

Price:
$34.320
Subject:
CANADIAN LARGE (RESOURCE)
Bias:
BULLISH on ENERGY
Owned:
Yes
2014-04-10 TOP PICK Bauer-Performance-Sports-Ltd.
BAU-T
Don Lato

18% increase in bookings for next quarter.  12 times earnings and could easily be at 14-15 times.

Price:
$14.790
Subject:
NORTH AMERICAN
Bias:
BULLISH on CANADIAN MARKET
Owned:
Yes
2014-04-10 TOP PICK Calfrac-Well-Services-Ltd
CFW-T
Philippe Capelle

Loves oil service industry.  Pressure pumping sector has more upside from here.  These guys specialize in it.  They are at the international level.  There will be increased utilization that should lead to pricing power in 2014/15.  Don’t go by ‘Sell in May’ on this one.  You might be okay waiting until the end of June.

Price:
$35.150
Subject:
CANADIAN LARGE (RESOURCE)
Bias:
BULLISH on ENERGY
Owned:
Yes
2014-04-10 TOP PICK Canadian-Natural-Rsrcs
CNQ-T
Philippe Capelle

There are a number of catalysts.  40% unhedged Natural Gas.  One of the names that will benefit most from the differentials decreasing.  XL would benefit them.  High single digit growth profile can allow the dividend to continue to grow.

Price:
$44.010
Subject:
CANADIAN LARGE (RESOURCE)
Bias:
BULLISH on ENERGY
Owned:
Yes
2014-04-10 TOP PICK NCR-Corp.
NCR-N
Don Lato

Does not understand why this stock has lagged so much.  They took on additional debt.  More and more the business is moving to software and the recurring revenue model.

Price:
$33.940
Subject:
NORTH AMERICAN
Bias:
BULLISH on CANADIAN MARKET
Owned:
Yes
2014-04-09 TOP PICK Prada
1913-HK
Mark Grammer

Prada - Has avoided this company since the IPO, but it has now sold off dramatically. Feels the market has unduly punished them. Merchandising has been fantastic. Yield of 2.05%.

Price:
$0.000
Subject:
GLOBAL
Bias:
OPTIMISTIC
Owned:
Yes
2014-04-09 TOP PICK Adidas
ADS-DAX
Stan Wong

Mr. Wong referred to the symbol AADDYY-O.  A new position.  Will do quite well with the economic recovery in Europe and the FIFA world cup.  They will get a lot of press and a lot of purchases.  Are under pressure in share price due to exposure to emerging markets, but he thinks emerging markets will be a big beneficiary for this one.  15% earnings growth expected.

Price:
$0.001
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
SELECTIVE
Owned:
Yes
2014-04-09 TOP PICK Estee-Lauder
EL-N
Mark Grammer

His screens show a 7%+ top line growth, bottom line growth even faster. Over the next 3 years he would expect at least 100 basis points of margin expansion per annum. This gives him a top line growth with an accelerating bottom line growth. Where he really sees leverage is on the travel side. More and more Chinese, for example, are traveling abroad. Travel retail accounts for 12% of sales, but he estimates it accounts for up to 25% of their profits. Lots of room for margin improvement. Yield of 1.15%.

Price:
$69.710
Subject:
GLOBAL
Bias:
OPTIMISTIC
Owned:
Yes
2014-04-09 TOP PICK Gilead-Sciences-Inc.
GILD-Q
Stan Wong

A Top Pick last time.  Has been beaten up.  Has a blockbuster drug where earnings will explode.  18 times earnings, 25% earnings growth.

Price:
$70.650
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
SELECTIVE
Owned:
Yes
2014-04-09 TOP PICK Intertek-Group-plc
ITRK-LON
Mark Grammer

(London Exchange) Had a pretty weak year. The overall testing, inspecting, certification business has been challenged because of commodities. Out of the big 3, this is the most exposed to the consumer. The catalyst for them is that China is considering opening up its market to foreign tech companies. Right now the big 3 do Chinese testing, but all for exports, none for the domestic market. There is talk they are going to be allowed. If so, he is looking at 12% additional top line growth. Yield of 1.75%.

Price:
$0.010
Subject:
GLOBAL
Bias:
OPTIMISTIC
Owned:
Yes
2014-04-09 TOP PICK Mastercard-Inc.
MA-N
Stan Wong

Contrarian call.  Beaten up YTD.  Will benefit from the trend to electronic payments.  Have more exposure to international markets, which are faster growing, than Visa has. 

Price:
$73.560
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
SELECTIVE
Owned:
Yes
2014-04-08 TOP PICK Bank-of-Nova-Scotia
BNS-T
David Cockfield

One of the better banks in Canada. Going back to the crisis, it didn’t seem to get stuck with holding bad assets. Internationally oriented. Big in the Caribbean, Mexico, Central America and into South America. Normally, because of that exposure, they trade at a premium to their peers. Trading at a discount which he thinks is wrong as he feels those countries are going to do quite well. The kind of growth you get in these emerging countries is so much easier and so much larger than what you are going to get in other banks in Canada or even in the US.

Price:
$64.890
Subject:
CANADIAN
Bias:
BULLISH on CANADIAN MARKET
Owned:
Yes
2014-04-08 TOP PICK Baytex-Energy-Corp
BTE-T
David Cockfield

Have issued licenses so Canadians can export Canadian oil through US ports and he wants to see how this all plays out. If that does, we are in even better shape. The company has been running well for years. In the Seal area. Very predictable flat line. Heavy oil which they are great at extracting. Pays a good dividend.

Price:
$45.150
Subject:
CANADIAN
Bias:
BULLISH on CANADIAN MARKET
Owned:
Yes
Showing 1 to 60 of 19,350 entries
First Previous 1 2 3 4 5 Next Last