Stockchase Recent Top Picks RSS Recent Top Picks by Experts http://www.stockchase.com/ en Canadian Natural Rsrcs <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">Thinks the market is really ignoring that this company gets a lot of their effective pricing from Western Canada Select, which really hasn&rsquo;t changed much. Differentials have narrowed, so the &ldquo;spread under&rdquo; has gone up. Thinks that on this next quarter, as long as oil doesn&rsquo;t drop another $10, this should be a nice little earnings release. Ultimately they expect to have $5.5-$6.5 billion of free cash flow by 2018.</span></p> http://www.stockchase.com/opinions/view/138854 Fri, 19 Sep 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/138854 Intact Financial <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">Property and casualty. Steady Eddie 46% earnings per share growth. This is a fragmented market and future acquisitions serve as embedded catalysts. If they can make an accretive acquisition, investors in the next 12 months will benefit.</span></p> http://www.stockchase.com/opinions/view/138853 Fri, 19 Sep 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/138853 Hudson Bay Co. <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">Sees this as a way for Canadian investors to benefit from improving US retail. 63% of their business mix is now levered to the US through Saks, Lord &amp; Taylor and Off Fifth. He is modelling 43% revenue growth from merger synergies and higher margins over the next couple of years. The kicker here is that management has said they are going to do something with their real estate between now and next spring. There is a good chance of a growing retailer that is trading at a good level on a PEG ratio basis along with the real estate upside. </span></p> http://www.stockchase.com/opinions/view/138852 Fri, 19 Sep 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/138852 FirstEnergy Corp. <p><span style="color: #ff0000; font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"><strong>SHORT.</strong></span><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"> 60% of their capital structure (debt and equity) is debt, so that portion will be very sensitive as interest rates go up. He feels US interest rates are very likely to start going up early next year. In addition, 20% of their business is unregulated.</span></p> http://www.stockchase.com/opinions/view/138810 Fri, 19 Sep 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/138810 KKR & Co. LP <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">This should be able to grow its investment portfolio by 18% over the next couple of years on an annualized basis. Raised money in 2006 in its Asian fund and is starting to harvest that. Very geared towards the overall market and the markets have done really well, particularly in the US. They are launching money now with a European fund. One of the things in Europe is buying distressed debt.</span></p> http://www.stockchase.com/opinions/view/138809 Fri, 19 Sep 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/138809 General Motors Corporation <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">Stock has been beaten up, so this is an attractive entry point. This is reflected in the valuations. Trading at 8.1X forward earnings. They have bungled some things, but you are seeing a strong pick up in growth. They are going towards more standardized footprints so they can produce multiple cars on the same chassis in different styles. Opel division in Europe has been a bit of a headwind, but their Cadillac is doing quite well in China.</span></p> http://www.stockchase.com/opinions/view/138808 Fri, 19 Sep 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/138808 Brookfield Property Partners <p><span style="color: #ff0000;"><strong>(Top Pick Sep 16/13, Up 22.34%)</strong></span> It is selling at quite a discount from its IFRS value.&nbsp; Thinks they will soon get much more Canadian and US analyst coverage.&nbsp; Thinks it is a good purchase.&nbsp; Excellent dividend growth going forward.&nbsp; They have extremely high quality real estate assets.&nbsp; Geographically they are diversified.&nbsp; Ultimately they will be one of the few global &lsquo;go to&rsquo; real estate companies.&nbsp; Expects 7-8% increases in distribution yearly.</p> http://www.stockchase.com/opinions/view/138794 Thu, 18 Sep 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/138794 Transalta Corp <p>Hit lows last week going back to 2000.&nbsp; They have a new director from ARC Energy.&nbsp; Having cut the dividend they are executing well in terms of operational efficiency and new projects.&nbsp; It is selling at the cheapest cash flow multiple in 25 years.</p> http://www.stockchase.com/opinions/view/138791 Thu, 18 Sep 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/138791 Teck Resources Ltd. (B) <p>Coal has been under pressure lately, but he expects it is bottoming.&nbsp; Don&rsquo;t look for anything dramatic for a couple of quarters.&nbsp; Copper is also bottoming out and zinc looks pretty good.&nbsp; When Fort Hills comes on line you will see an increase in value.</p> http://www.stockchase.com/opinions/view/138790 Thu, 18 Sep 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/138790 JP Morgan Chase & Co <p>US financials are being held back by regulation and low interest rates.&nbsp; Buying back stock, great balance sheet.&nbsp; Earnings potential well beyond $6 next year.</p> http://www.stockchase.com/opinions/view/138770 Thu, 18 Sep 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/138770 Magna Int'l. (A) <p>The earnings have doubled or tripled in the last 3 years, so it doesn&rsquo;t matter that the valuation has done the same.&nbsp; Generating lots of positive free cash flow.&nbsp; Opportunities are in emerging markets.&nbsp; Look at the value, not the price.</p> http://www.stockchase.com/opinions/view/138769 Thu, 18 Sep 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/138769 Bard C R Inc. <p>This hit his screen.&nbsp; There is no real volume, however.&nbsp; Single use medical products.&nbsp; 80-85% of revenues are high margin and annuity like.&nbsp; Ripe for the picking by a JNJ or Abbot Labs. There are not a lot of opportunities for them to grow.&nbsp; Buying back a ton of stock, but not raising dividends.</p> http://www.stockchase.com/opinions/view/138768 Thu, 18 Sep 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/138768 Intertape Polymer Group <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">Manufactures industrial tape. One of its largest customers is Amazon. Very stable and doesn&rsquo;t tend to move much. They have already doubled their dividend. When they have their new plant online in Q1, things will be settled and they will be increasing their dividend again.</span></p> http://www.stockchase.com/opinions/view/138745 Wed, 17 Sep 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/138745 Paramount Resources <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">She has been a bull on energy in general since last fall. We&rsquo;ve had an epic cold winter and an epic cold summer. Energy prices rallied and then checked back this summer because of the cold. Summer is over. They have incredibly strong assets.</span></p> http://www.stockchase.com/opinions/view/138744 Wed, 17 Sep 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/138744 Covanta Holding Corp. <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">A very stable business. A large part of its business is waste energy. They use industrial, commercial and municipal waste and burn it and turn it into energy. It had been hit because of power prices coming down in the US, but those prices are bottoming and are starting to come up. Yield of 4.68%.</span></p> http://www.stockchase.com/opinions/view/138743 Wed, 17 Sep 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/138743 Husky Energy <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">His model price is $48.59, a 46% upside. Pays a nice dividend yield of 3.64%.</span></p> http://www.stockchase.com/opinions/view/138704 Wed, 17 Sep 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/138704 Cisco <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">His model price is $37.35, a 40% upside. It is right at the bottom of one of EBV +3 one of his levels. Great support. Yield of 3.01%.</span></p> http://www.stockchase.com/opinions/view/138703 Wed, 17 Sep 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/138703 Abbott Labs <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">His model price is $48.91, a 14% upside. Saw that they are going to spin off another company, the gift that keeps on giving. He loves large-cap drug companies. Yield of 2.02%.</span></p> http://www.stockchase.com/opinions/view/138702 Wed, 17 Sep 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/138702