stockchase picture

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

Table View - Opinions in Detail

Print Export
Implied Signal Stock Symbol Company Comment Source Program Airdate Airdate Price Opinions $ Goal Expert Program Topic Expert's Bias Own or Relationship Actions
  
N/A A Commentary A Comment -- General Comments From an Expert Market Call (BNN TV) 2014-11-21 $0.020

Markets. This reminds him of 2007-2008. We have low interest-rates, and all this is really doing is inflating the value of financial assets. There is almost a zero interest rates in the US for 5 years which, gave 2.5% growth. Europe is still in the can with zero growth. Japan just slipped back into recession, and now the People's Bank of China has come out saying they are cutting interest rates because the economy is slowing. Markets are going higher, but are creating a bubble kind of condition. He would prefer the market was going higher because of a strong economy and growing earnings. It is going higher because of stock buybacks and higher valuations in the market in general. It is hardly a buoyant economy to justify some of the recent moves, particularly in some of the non-resource parts of the market. He is looking for areas that are a little more value oriented and a little more yield oriented. His cash levels are higher than what they have been before. Today he is Selling into strength rather than doing any Buying.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS _N/A View
N/A A Commentary A Comment -- General Comments From an Expert Market Call (BNN TV) 2014-11-21 $0.020

US Growth.  He sees growth better than anywhere else right now. Going forward they have a few more headwinds as the US dollar is going to be a little more difficult for them. With Europe and China slowing down and with Japan in recession, if all your trading partners are doing poorly, it is going to be hard for the US to rise on its own. Earnings are growing generally, but there is a lot that scares him. You feel you are getting pushed into buying stocks because things are going higher, but that is what happened in 1998-1999.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS _N/A View
N/A A Commentary A Comment -- General Comments From an Expert Market Call (BNN TV) 2014-11-21 $0.020

For a long-term hold of 5 years or more, what would be the best sector? A lot of people like energy infrastructure and pipelines, but he finds that area overvalued. Some of the big US technology companies that have a global footprint look great. They are generating a lot of cash and margins are holding in. This would be at the top of his list. You could buy an ETF such as SPDR Technology (XLK-N), or pick a basket of 5 or 6 names. Likes healthcare, but it's a tough one to find the right names.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS _N/A View
N/A A Commentary A Comment -- General Comments From an Expert Market Call Tonight (BNN TV) 2014-11-21 $0.020

Markets. The market correction was very short, but he did buy a few things for a few accounts where he was bulking up on some stocks, but it began to run away from him quite quickly. Thinks we are going to see another leg to the downside going forward. PE multiples are still pretty high. The same problems exist in the world that existed before. There are all the geopolitical issues globally. There is also starting to be a real divergence in monetary policies globally. US is backing off from quantitative easing, but we have Europe and Japan going more towards that direction. There are a lot of mixed signals right now. We are towards the end of the year also, and there are a number of areas, particularly in Canada, that are into tax loss selling, which is putting some pressure on materials and energy stocks, for the next few weeks anyways. US seems to be carrying the world on its shoulders at the moment, and he thinks fundamentals are lagging valuations still.

Michael Sprung CANADIAN LARGE CAUTIOUS _N/A View
PARTIAL SELL AA-N Alcoa Market Call (BNN TV) 2014-11-21 $17.450

This has done very well. People became bullish on aluminum recently. The increase in usage of aluminum in the automobile is giving more credence. Costs have come down for them because the price of aluminum is relatively flat. Stock has more than doubled, so if you own, he would be inclined to take some profits. He thinks you have seen the best of your gains at this point.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS Unknown View
HOLD AAPL-Q Apple Market Call (BNN TV) 2014-11-21 $116.470

Apple (AAPL-Q) or General Electric (GE-N)? Two completely different plays in different segments of the market. This has had a great run recently. Thinks this has gone through a crisis period and came out very well. iPhone 6 is selling very well. Have a great brand recognition. He thinks people continue to underestimate and undervalue things like iTunes and the software in general.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS Yes View
COMMENT ATD.B-T Alimentation Couche-Tard (B) Market Call Tonight (BNN TV) 2014-11-21 $38.930

This is not a value stock. Has had a very good run. Very smart management. A lot of their growth has been by acquisition. Good operations in Canada and US as well as Europe. He looks at the multiples and can't justify the current price. If you want to play this, Metro (MRU-T) owns about 5%-8%, and has been doing very well lately.

Michael Sprung CANADIAN LARGE CAUTIOUS No View
COMMENT ATH-T Athabaska Oil Sands Corp Market Call (BNN TV) 2014-11-21 $3.200

Chart is a very ugly picture, but at $3 it gives the company a market capitalization of $1.2 billion. This is basically what Petro China paid them. He likes what they have in their Duvernay assets and the growth they have in Hangingstone. If oil prices slipped down to $60-$65 a barrel, there is going to be risk to the whole energy sector, but their balance sheet is in very good shape.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS Yes View
BUY BCE-T BCE Inc. Market Call (BNN TV) 2014-11-21 $53.320

Until last night, resource stocks have really been under a lot of pressure. People are worried about commodity prices because of the higher US$, so in Canada people are gravitating to non-resource areas, the smaller part of the market. Areas like telecoms are growing and pay a decent dividend yield, and the valuations are not excessive. It's a logical place to move. They all stick out as relatively good value even though the industry is slowing down. Doesn't feel there is a lot of downside or risk to the area.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS No View
HOLD BNE-T Bonterra Energy Corp Market Call (BNN TV) 2014-11-21 $48.870

The pressures on this stock are simply industry related. Oil production growth is fine. They have a decent dividend yield. Good management and a good strong track record.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS Yes View
TOP PICK BNS-T Bank of Nova Scotia Market Call Tonight (BNN TV) 2014-11-21 $70.000

Relative valuation has taken a bit of a hit lately, because in their recent quarter they reported a bit of a hiccup in their international operations. It is fairly rare that you are able to buy this bank for a lower Price to Book valuation than its competitors. At current levels, it’s a pretty good place to be. In the meantime, you are being paid 3.8% dividend yield and that dividend is likely to go up in the coming years. Tier 1 capital of about 10.9%.

Michael Sprung CANADIAN LARGE CAUTIOUS Yes View
HOLD BTE-T Baytex Energy Corp Market Call Tonight (BNN TV) 2014-11-21 $30.940

A well-managed company. Good assets. Doesn't think the balance sheet is in terrible condition. Have been severely affected along with a lot of other oil/gas stocks. Believes it is going to level out from here. If we have some stability in the energy market, he thinks this will come out of this downtrend and reverse itself. Wouldn't be surprised to see this appreciate fairly quickly, should conditions improve a little.

Michael Sprung CANADIAN LARGE CAUTIOUS No View
HOLD COS-T Canadian Oil Sands Market Call Tonight (BNN TV) 2014-11-21 $17.650

Where it is trading today, he would not necessarily sell. If you are looking to participate in the oil sands, he might choose a different vehicle, but overall this company is at a level now where it looks reasonably valued. An extremely long-term play.

Michael Sprung CANADIAN LARGE CAUTIOUS Unknown View
BUY CPG-T Crescent Point Energy Corp Market Call Tonight (BNN TV) 2014-11-21 $36.670

Has reached a valuation where he has started to nibble at it.  Has a very good distribution. Used to depend a lot on their dividend reinvestment plan to finance it, but much less now with their production increasing. They have so much good land position where their future drilling opportunities are quite numerous, and have been very good at executing their strategies. Thinks they will continue to exploit their opportunities in the Bakken and Shaunavon areas. At these levels it is becoming a compelling price for a longer-term investor.

Michael Sprung CANADIAN LARGE CAUTIOUS Yes View
COMMENT CWB-T Canadian Western Bank Market Call Tonight (BNN TV) 2014-11-21 $37.920

Their dominant operation is in the energy geographies, and he feels that is where a lot of the concerns have rolled in. Selling at a relative discount to the other banks than it used to. Latest quarter has been okay.  Net interest margin was squeezed a little in the last quarter, but those things are transitory. Have a fairly good capital base. Tier one capital is about 8% and thinks they will probably have to increase that over time. Longer term, this is probably a pretty good investment to have. Yield is just a little over 2%. You get a much better yield with some of the other Canadian banks.

Michael Sprung CANADIAN LARGE CAUTIOUS No View
PAST TOP PICK ECA-T Encana Corp Market Call Tonight (BNN TV) 2014-11-21 $20.880

(A Top Pick Dec 11/13. Up 10.03%.) This is a company that is really in transition. Have gone from primarily being a gas producer to much more exposure to liquids in a short period of time. What have astounded people are the prices they have got for the assets they have sold. Have also made some very smart purchases.

Michael Sprung CANADIAN LARGE CAUTIOUS Yes View
HOLD ECI-T EnerCare Inc Market Call Tonight (BNN TV) 2014-11-21 $15.520

Has appreciated fairly sharply in the last short period of time. This is a company with a very low Book Value and selling at a high multiple of Book, but the earnings on that Book are significant, and the cash flow it has been generating has been improving. Just finished acquiring some holdings from Direct Energy. Thinks they are in very good position in the longer term. At the current price, he considers this as a Hold not a Buy.

Michael Sprung CANADIAN LARGE CAUTIOUS Unknown View
PAST TOP PICK EFN-T Element Financial Market Call (BNN TV) 2014-11-21 $14.450

(A Top Pick Feb 10/14. Up 11.09%.) Has taken profits on this earlier in the year and is looking to add it back. Likes what management is doing on a longer-term basis. This is a leasing business, which is a very low margin business, but they lever them up. As they start to lever it up they’re going to see better earnings growth. Could be volatile.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS No View
DON'T BUY ENB-T Enbridge Market Call Tonight (BNN TV) 2014-11-21 $52.350

Has a little of this in some accounts, but only from a legacy position. Has been an extremely well run company, but always sold at somewhat of a premium multiple. His problem is that a lot of the pipelines, at over 20X earnings, look expensive at current levels. The price you are paying today is anticipating a lot of future dividend increases. People should be concerned about how much debt is going to be financed for pipeline growth.

Michael Sprung CANADIAN LARGE CAUTIOUS Yes View
COMMENT FTT-T Finning Int Market Call Tonight (BNN TV) 2014-11-21 $27.920

Very, very dependent on the resource industries, particularly mining, energy as well as construction. Insofar as you can see the economic landscape picking up, this one longer-term is a good industrial holding from here. For him to get interested in it, he would want to see it below $25.

Michael Sprung CANADIAN LARGE CAUTIOUS No View
DON'T BUY GE-N General Electric Market Call (BNN TV) 2014-11-21 $26.990

Apple (AAPL-Q) or General Electric (GE-N)? Two completely different plays in different segments of the market. This is obviously more of a play on capital spending. They have got out of a lot of their consumer businesses and will be spinning out the leasing businesses. Some of their capitals spending customers are slowing down a little, so he would be a little concerned there.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS No View
PAST TOP PICK HBM-T Hudbay Minerals Inc. Market Call Tonight (BNN TV) 2014-11-21 $9.530

(A Top Pick Dec 11/13. Up 23.61%.)  A lot of people doubted their ability to finance and bring on the constancy of a mine, which will be coming on stream next year. That will provide a further boost to their valuation. In the meantime, they have done some very smart things by selling a royalty stream into Silver Wheaton (SLW-T).  Management has done a very good job of manoeuvring this company and putting it in place for future production increases. Should there be any appreciation in commodity prices in the next couple of years that will be an added kick to the valuation.

Michael Sprung CANADIAN LARGE CAUTIOUS Yes View
COMMENT HCG-T Home Capital Group Market Call Tonight (BNN TV) 2014-11-21 $51.620

Very diversified portfolio of mortgages, so he wouldn't be concerned about their exposure to any particular community. Extremely well-managed. Their loan losses are very, very low. Good management team.

Michael Sprung CANADIAN LARGE CAUTIOUS Unknown View
PARTIAL SELL HD-N Home Depot Market Call (BNN TV) 2014-11-21 $98.280

If you own, he would be tempted to take some profits. Has had a tremendous bounce off the August lows. The recent earnings beat. There is a little bit of the US market in general that he doesn't like such as a lot of earnings beat was because of share buybacks. The US housing market is improving which they are benefiting from, but feels the valuation multiples are very high for single-digit growth.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS Unknown View
COMMENT L-T Loblaw Companies Ltd Market Call Tonight (BNN TV) 2014-11-21 $61.410

Has a lot of interesting parts to it. Has gone through a bit of transformation over the last 2 years in terms of reorganizing their supply, putting in SAP systems, etc. There has been some management turnover. Overall it is a lot more efficient than it was 5 years ago. Looking out a few years, you could see them earning around $3.75, a fairly significant multiple from a few years back. It may be a little ahead of itself if it were to go up very quickly from here.

Michael Sprung CANADIAN LARGE CAUTIOUS Yes View
BUY MFC-T Manulife Financial Market Call (BNN TV) 2014-11-21 $21.910

Manulife (MFC-T) or Canadian banks? He has both. However, if it came to one or the other, he would be inclined to go with Manulife right now. The bank sector valuation is at a very high level and earnings growth is slowing down. Feels the housing market in Canada is a little bit riskier than it is in the US. This company has done restructuring and have got their balance sheet in better shape.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS Yes View
COMMENT MFC-T Manulife Financial Market Call Tonight (BNN TV) 2014-11-21 $21.910

Doesn't think this is fully valued right now. They have a very, very strong balance sheet. Required capital is 248%, one of the highest in the industry. Since the financial crisis, they have really de-risked their balance sheet to a great extent, changed their sales mix into products that have more predictable profitability, gotten out of a lot of the market sensitive products. Extremely well-managed. Expects you could see upside from here. Wouldn't be surprised to see the dividend increased in the next year or two.

Michael Sprung CANADIAN LARGE CAUTIOUS Unknown View
PARTIAL SELL MG-T Magna Int'l. (A) Market Call Tonight (BNN TV) 2014-11-21 $118.200

The automotive industry has done a lot better over the last few years. As a result, there has been good appreciation in the auto suppliers. Since we have seen such great appreciation in the auto sector, unless it keeps going and growing, he doesn't see a whole lot of potential going forward. If you own, consider taking profits.

Michael Sprung CANADIAN LARGE CAUTIOUS No View
TOP PICK MRE-T Martinrea Market Call (BNN TV) 2014-11-21 $10.380

Some downside protection and earnings growth is at a very low valuation. Stock was off recently in the last quarter, when they met the earnings, but projections going forward were probably below what the street wanted. Spending a lot of money on programs going forward. As these programs come in, it is going to generate new earnings growth for the next couple of years. Sees them generating better than 10% earnings growth going forward for the next 3 years. Trading at under a 10X forward multiple. Also, they have a great positioning in aluminum parts. Yield of 1.18%.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS Yes View
TOP PICK NFI-T New Flyer Industries Inc. Market Call Tonight (BNN TV) 2014-11-21 $13.040

Well-positioned, and the management over the last few years has put much more of a focus on manufacturing and efficiencies, and over the coming years they will be beneficiaries as fleets are renewed in cities throughout North America. They participate in electric, hybrid and traditional bus lines. Not only are they one of the few North American manufacturers left, but also have a good parts aftermarket business that has been growing significantly. Yield of 4.49% which he feels is safe.

Michael Sprung CANADIAN LARGE CAUTIOUS Yes View
Showing 1 to 30 of 134,253 entries
First Previous 1 2 3 4 5 Next Last