Table View - Opinions in Detail | StockChase
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 Tonight (BNN TV) 2017-01-11 $0.020

Market.Earnings season starts in earnest very soon, and all indications are that things should be pretty good. We have seen a pretty good rally since the election. The rally is justified, it’s not just a flash in the pan. We are on the cusp of a legitimate regime change in the markets whereby the baton is being handed from the monetary authorities back to the government. With Republicans now firmly in control of the government, they are very likely to run a pro-growth agenda led by tax cuts, both personal and corporate, probably rounded out by some infrastructure spending later on, and perhaps some tax repatriation holidays.

Brian Madden CANADIAN & FIXED INCOME UNKNOWN _N/A View
COMMENT A Commentary A Comment -- General Comments From an Expert Market Call Tonight (BNN TV) 2017-01-11 $0.020

Rate resets?A lot of investors are going to be wrestling with the need for income as people are aging. The preferred share market is an asset class that is taxed favourably. It is not quite the same risk exposure as government bonds, and there is more volatility and can go wrong if rates fall. Rates are not likely to fall. Rate resets are by large trading at 4.5%-5%. He likes this asset class.

Brian Madden CANADIAN & FIXED INCOME UNKNOWN Unknown View
BUY A Commentary A Comment -- General Comments From an Expert Market Call Tonight (BNN TV) 2017-01-11 $0.020

Investment for a TFSA account?He wouldn’t be put off by Canadian banks being at all-time highs. They are tremendous shareholder value creators, and earn about 14%-15% ROE. They are steady and consistent businesses that tend to grow earnings most years. Most have medium term earnings growth targets in the 7%-10% range. Pretty good governance businesses and pay out pretty good dividend yields. He likes Royal Bank (RY-T), Bank of Nova Scotia (BNS-T) and Toronto Dominion (TD-T).

Brian Madden CANADIAN & FIXED INCOME UNKNOWN Unknown View
BUY AGT-T AGT Food & Ingredients Market Call Tonight (BNN TV) 2017-01-11 $35.370

Playing in the growing category of pulses, beans and lentils, which are on trend with consumers’ tastes and preferences, and increasingly dietary restrictions. A robust growth story. He likes this.

Brian Madden CANADIAN & FIXED INCOME UNKNOWN Yes View
PAST TOP PICK ATD.B-T Alimentation Couche-Tard (B) Market Call Tonight (BNN TV) 2017-01-11 $60.100

(A Top Pick Aug 29/16. Down 10.9%.) The consumer staples group as a whole, has been a source of money for investors chasing more procyclical exposure in energy, and in some cases gold or base metals in the 4th quarter, or even industrials or financials. He continues to Buy this.

Brian Madden CANADIAN & FIXED INCOME UNKNOWN Yes View
TOP PICK ATD.B-T Alimentation Couche-Tard (B) Market Call Tonight (BNN TV) 2017-01-11 $60.100

This has been a tremendous value creator in the Canadian consumer space. The leading convenience store operators in North America. From Québec, they have expanded into the US, Scandinavia and the Baltics, and are poised to make their largest acquisition yet, which should be about 15% accretive to earnings. The founder has aspirations to double the company in size again in the next decade. The industry is still fragmented, and some big chunky assets should still come up on the block in the next couple of years. Dividend yield of 0.6%. (Analysts’ price target is $78.36.)

Brian Madden CANADIAN & FIXED INCOME UNKNOWN Yes View
COMMENT BIP.UN-T Brookfield Infrastucture Partners Market Call Tonight (BNN TV) 2017-01-11 $45.340

Part of the broader Brookfield family publicly traded entities. He has great respect for management. Big infrastructure, a secular growth area. We will see funds directed to this area from both Canada and the US. Feels there is better exposure through the parent, Brookfield Asset Management (BAM.A-T).

Brian Madden CANADIAN & FIXED INCOME UNKNOWN No View
PAST TOP PICK CCL.B-T CCL Industries (B) Market Call Tonight (BNN TV) 2017-01-11 $259.000

(A Top Pick Aug 29/16. Up 8.21%.) This has been a tremendous “shareholder value” creator. It is in labels, printing, containers and packaging. Had a very nice bump in December when they announced the largest acquisition in corporate history of Innovia.

Brian Madden CANADIAN & FIXED INCOME UNKNOWN Yes View
COMMENT CCO-T Cameco Corporation Market Call Tonight (BNN TV) 2017-01-11 $16.370

Owned this in the past, but sold it last fall. If bullish on uranium, this is one of the very, very few ways to play the trade. Physical uranium, unlike most other commodities, is restricted because it is dangerous and has uses in weapons production. This is the most liquid way to play an improving uranium market. It looks like the supply/demand balance is shifting heavily and moving closer to balance, and this company should benefit from that.

Brian Madden CANADIAN & FIXED INCOME UNKNOWN No View
COMMENT DGC-T Detour Gold Market Call Tonight (BNN TV) 2017-01-11 $17.690

Gold can be tail risk insurance in a portfolio in the event of financial calamity, currency debasement or rampant inflation. Sometimes an effective way to put on that positioning in the portfolio is through the producers. His view is less constructive on gold as a commodity at the moment. This has a large-scale open pit mine in Northern Ontario, and a long mine life. With the US$ being very strong and the Fed likely increasing interest rates, that would colour his view on holding this name.

Brian Madden CANADIAN & FIXED INCOME UNKNOWN Unknown View
DON'T BUY EMP.A-T Empire Company (A) Market Call Tonight (BNN TV) 2017-01-11 $15.580

He doesn’t like falling knives. This one has been a train wreck. They bought Safeway Canada stores about 2-3 years ago, and bungled it spectacularly. They overpaid and over promised. This was at a time when the grocer consumer was becoming more and more price sensitive. Grocery stores have very high operating leverage. As much is their sales are falling, their earnings are falling off a cliff. A big massive beast and is not going to turn around on a dime.

Brian Madden CANADIAN & FIXED INCOME UNKNOWN No View
COMMENT GIB.A-T CGI Group (A) Market Call Tonight (BNN TV) 2017-01-11 $65.270

Canada’s leading outsourcer and IT services company. They got a new CEO in October. A great track record of growing. Organic growth is somewhat tepid, so the company has a history of being a “growth by acquisition” story. This gets a limited trading multiple relative to some of the other more dynamic growth stories in the technology space. Their last large deal was done in 2012, which was a game changer, and was massively accretive to earnings. The company has now almost fully deleveraged their balance sheet, so looks like they are ready to go again. A good, backdoor way to play the rest of the world.

Brian Madden CANADIAN & FIXED INCOME UNKNOWN No View
DON'T BUY IGM-T IGM Financial Inc. Market Call Tonight (BNN TV) 2017-01-11 $40.840

This has been a tremendous growth story over the years. Has some concerns about conventional mutual fund managers as a whole, including this company. Financial services, specifically mutual funds and asset management is a mature industry that is not growing at 2, 3, 5 or 6X GDP growth rates any more. It is becoming more fee competitive. There are costly and disruptive regulatory forces on the horizon. To the extent that management fees will be phased out over time by regulatory action, it is going to prompt a lot of disruption.

Brian Madden CANADIAN & FIXED INCOME UNKNOWN No View
TOP PICK MFC-T Manulife Financial Market Call Tonight (BNN TV) 2017-01-11 $24.880

The 35-year run in the bond market is drawing to a close. All insurers are very heavily exposed on their balance sheets and through their general funds to fixed income securities. Whether mortgages, publicly traded bonds, private loans, etc. They’ve managed to claw and scratch and make money in a very repressive interest rate environment for many years. With rates backing up, it should be a tremendous boon to profitability. Trading at 1.25X BV so it is not expensive. Dividend yield of 2.97%. (Analysts’ price target is $24.92.)

Brian Madden CANADIAN & FIXED INCOME UNKNOWN Yes View
PAST TOP PICK MG-T Magna Int'l. (A) Market Call Tonight (BNN TV) 2017-01-11 $60.080

(A Top Pick Aug 29/16. Up 14.93%.) Very much on trend to where investors are reallocating funds in the 4th quarter in the wake of signals given from the election. Canada’s largest auto parts supplier. A prolific cash flow generator with a decent dividend yield. Expects they are going to be buying back stock, which is a new phenomenon for them.

Brian Madden CANADIAN & FIXED INCOME UNKNOWN Yes View
COMMENT NA-T National Bank of Canada Market Call Tonight (BNN TV) 2017-01-11 $55.160

This tends to get labelled as a regional bank because it has a strong Québec presence. Thinks the regulatory rollback that is likely to occur in the US will favour some of our banks, some more so than others. He would tend to favour the larger and more diversified Canadian banks, such as Bank of Nova Scotia (BNS-T) which has a large presence in Latin America, TD (TD-T) and Royal (RY-T) that are very active in the US.

Brian Madden CANADIAN & FIXED INCOME UNKNOWN Unknown View
COMMENT NXE-T NexGen Energy Market Call Tonight (BNN TV) 2017-01-11 $2.270

A uranium exploration play. They are sitting on about 200-220 million pounds of uranium. It is very likely this is an asset that will get developed. A world-class deposit, which may attract the attention of some major developers. Uranium has been a dark cloud for a long time, and prices have been trading below the cash cost of production until very recently. At higher uranium prices, this is a stock that is likely going to be a take out. He likes the company.

Brian Madden CANADIAN & FIXED INCOME UNKNOWN No View
BUY PEY-T Peyto Exploration & Develop. Market Call Tonight (BNN TV) 2017-01-11 $29.570

He likes the energy complex. This company is a leader and a low-cost producer in the Canadian Western sedimentary basin. Great assets and great management with a really rigid strategy of managing costs.

Brian Madden CANADIAN & FIXED INCOME UNKNOWN Yes View
HOLD PKI-T Parkland Fuel Corp Market Call Tonight (BNN TV) 2017-01-11 $28.010

Gas station and convenience stores operator. Its primary base has been in Western Canada, but are on the verge of a transformational deal. Alimentation Couche-Tard (ATD.B-T) is making a $4.5 billion acquisition of CST Brands (CST-N), and in order to allay the fears of the competition Bureau, Parkland is going to be buying a few hundred of the CST Brands Canadian stores. It looks like it is going to be about 13% accretive to earnings. His preferred way of playing convenience stores remains Alimentation Couche-Tard as it is larger and more geographically diverse with a better and more established management team. If you own this, he would Sell above $30. In the mid-$20, it looks more compelling. (See Top Picks)

Brian Madden CANADIAN & FIXED INCOME UNKNOWN Unknown View
TOP PICK SHOP-T Shopify Inc. Market Call Tonight (BNN TV) 2017-01-11 $58.720

This is the most dynamic tech story in Canada, bar none. It was one of the hottest IPOs in 2015. A dominant platform player, and their solution is e-tailing in a box. Their core market is the small-medium-sized businesses, and the solutions they offer are web development, payment processing, order fulfilment, inventory management, sales promotion, management, shipping and even things like receivables and financing. Revenue grew at 89% in the latest quarter. While not profitable yet, they are making all the right strategic decisions, very reminiscent of what Amazon did in its early days. (Analysts’ price target is $68.42.)

Brian Madden CANADIAN & FIXED INCOME UNKNOWN Yes View
BUY TD-T Toronto Dominion Market Call Tonight (BNN TV) 2017-01-11 $67.350

Banks are going to continue to be leadership. This is his largest single holding. He has tremendous confidence in management, in the strategy, and in the US expansion plans. Their acquisition of the discount brokerage of Scott Trade should be accretive to earnings.

Brian Madden CANADIAN & FIXED INCOME UNKNOWN Yes View
N/A A Commentary A Comment -- General Comments From an Expert Market Call Tonight (BNN TV) 2016-12-23 $0.020

Investments to generate income?Bonds are considered to be conservative, but you are getting a very low yield for potentially significant risk, particularly if they are longer duration. He would recommend preferred shares, particularly if they are taxable accounts. The rate you are seeing on most of them is 5%-6%. You need to spend the time to find the right manager who has the expertise and the track record.

Lorne Zeiler NORTH AMERICAN DIVIDEND STOCKS & MACRO STRATEGY UNKNOWN _N/A View
TOP PICK AAPL-Q Apple Market Call Tonight (BNN TV) 2016-12-23 $116.520

He sees catalysts in this. They have what is called a “refresh” or “repurchase” program with the iPhone. The iPhone 8 is going to be hitting right at that point and grabbing market share, and you are going to have people switching devices. That will bring a new revenue source for them. People have been concerned about declining iPhone sales, and he thinks they will increase in 2017. Repatriation would be massive for this company. They have over $150 billion sitting offshore. The expectation is that if it actually does happen, they are probably going to bring about $100 billion back, which could go into special dividends, dividend increases and share buybacks. Also, they have been significantly increasing the revenue for services. Dividend yield of 1.97%. (Analysts’ price target is $131.65.)

Lorne Zeiler NORTH AMERICAN DIVIDEND STOCKS & MACRO STRATEGY UNKNOWN Yes View
TOP PICK ABBV-N AbbVie Inc. Market Call Tonight (BNN TV) 2016-12-23 $62.340

Thinks healthcare has been an un-forgotten asset class. As a result, there are a lot of companies with compelling valuations. This is trading at about 13.5X earnings. The majority of that comes from the auto immune therapy product, Humira, that really changes people’s lives. This will contribute about $17 billion to total earnings next year. They are seeing huge growth for emerging markets. It has come off patent, but this is an infusion medication with numerous patents around it. They’ve got a good pipeline, because they have made a number of acquisitions. They are expecting earnings growth of about 30% over the next 4 years. Dividend yield of 4.11%. (Analysts’ price target is $71.94.)

Lorne Zeiler NORTH AMERICAN DIVIDEND STOCKS & MACRO STRATEGY UNKNOWN Yes View
COMMENT BAM.A-T Brookfield Asset Management (A) Market Call Tonight (BNN TV) 2016-12-23 $44.620

This has been executing really well. It is one where a lot of pension fund endowments are focused. They are looking at things that are going to be able to pay them very consistent returns on long-term assets. They’ve done a great job in building up real estate in their infrastructure group. He expects there will be dividend growth, but they have been redeploying funds back into more mandates.

Lorne Zeiler NORTH AMERICAN DIVIDEND STOCKS & MACRO STRATEGY UNKNOWN Unknown View
COMMENT BCE-T BCE Inc. Market Call Tonight (BNN TV) 2016-12-23 $58.260

The government has just declared the Internet as a basic service, which will take from the bottom line, but doesn’t think it will be that huge. The rally this year really hasn’t come into play for the telecom companies. At this price level, it is a very attractive entry point. Don’t expect huge growth from this. It is trading at about 18X. There will be some earnings growth. Increasing interest rates help them on their pension liabilities.

Lorne Zeiler NORTH AMERICAN DIVIDEND STOCKS & MACRO STRATEGY UNKNOWN Yes View
PARTIAL SELL CHR-T Chorus Aviation Inc Market Call Tonight (BNN TV) 2016-12-23 $7.230

Industrials have had a good year. This also had the benefit of low oil prices. Taking some profits makes sense. If you have nothing in the US, you should be looking at some of those names, for both currency and greater growth prospects.

Lorne Zeiler NORTH AMERICAN DIVIDEND STOCKS & MACRO STRATEGY UNKNOWN Unknown View
COMMENT CM-T Canadian Imperial Bank of Commerce Market Call Tonight (BNN TV) 2016-12-23 $110.860

CIBC or another Canadian bank?Canadian banks have had a fantastic year. The 6 have basically been responsible for half, if not more, of the total gains on the TSX this year. As a group, they have returned roughly 30% this year. The issue with the banks is that they are now trading above their historical multiples, particularly because in the last few months, they’ve had a big increase along with the US financials, on expectations that net interest margins are going to expand. If there is further deterioration on Canadian fundamentals, this is the most domestically focused bank. Royal (RY-T) is probably a better name to go with.

Lorne Zeiler NORTH AMERICAN DIVIDEND STOCKS & MACRO STRATEGY UNKNOWN Unknown View
COMMENT CNR-T Canadian National R.R. Market Call Tonight (BNN TV) 2016-12-23 $91.520

Canadian National (CNR-T) or Canadian Pacific (CP-T)?In his view, this one is the better choice. It is the best quality management, lowest cost operator and the company that puts the most money into their fleet. Trading at a slight premium to Canadian Pacific.

Lorne Zeiler NORTH AMERICAN DIVIDEND STOCKS & MACRO STRATEGY UNKNOWN Yes View
COMMENT CP-T Canadian Pacific Rail Market Call Tonight (BNN TV) 2016-12-23 $193.870

Canadian National (CNR-T) or Canadian Pacific (CP-T)?In his view, Canadian National is the better choice. It is the best quality management, lowest cost operator and the company that puts the most money into their fleet.

Lorne Zeiler NORTH AMERICAN DIVIDEND STOCKS & MACRO STRATEGY UNKNOWN No View
PAST TOP PICK CPSI-Q Computer Program & Systems Market Call Tonight (BNN TV) 2016-12-23 $23.350

(A Top Pick July 29/16. Down 39.82%.) Had been looking at this, and it had a great sales pipeline. He was looking at it to realize on some of that pipeline. It did not meet expectations so he exited at about $28 in August.

Lorne Zeiler NORTH AMERICAN DIVIDEND STOCKS & MACRO STRATEGY UNKNOWN No View
COMMENT CSCO-Q Cisco Market Call Tonight (BNN TV) 2016-12-23 $30.530

A name that he likes. The industry leader. It is huge. Trading at a very reasonable valuation of about 13.5-14 times earnings. Earnings growth has been at the lower end, 2%-5% a year. Roughly 30% of the market cap is sitting in cash. If you X that out, you are looking at a 10X valuation, and he doesn’t think the market has put much on that. If repatriation for US companies happens, you are going to see some dividend increases and increased share buyback.

Lorne Zeiler NORTH AMERICAN DIVIDEND STOCKS & MACRO STRATEGY UNKNOWN Yes View
COMMENT DH-T DH Corporation Market Call Tonight (BNN TV) 2016-12-23 $21.990

Sold his holdings in May, when there was a bad quarter of earnings. The company did a number of acquisitions; however the acquisitions weren’t bringing the revenue in fast enough, and hence they were over levered on all of them. Q4 basically missed on all factors, and the stock fell off a cliff. They’ve been able to renegotiate their debt covenants, so that is all clean. Also, reduced distributions. The last move, from $17 to about $18, was based on the potential of an acquisition. If it does not happen, he expects the stock will decline. However, if it does happen, you could see about 20% from where we are today.

Lorne Zeiler NORTH AMERICAN DIVIDEND STOCKS & MACRO STRATEGY UNKNOWN No View
COMMENT FC-T Firm Capital Mortgage Investment Market Call Tonight (BNN TV) 2016-12-23 $14.030

He prefers the private space, because they are just getting the trend on how much you are receiving from the mortgages. You are getting a lot more ability, and pricewise it is about the same. Firm Capital is a well-run company.

Lorne Zeiler NORTH AMERICAN DIVIDEND STOCKS & MACRO STRATEGY UNKNOWN No View
COMMENT JNJ-N Johnson & Johnson Market Call Tonight (BNN TV) 2016-12-23 $115.960

One of the names you want to hold in the pharmaceutical healthcare area for the long term. The pharmaceutical healthcare field has had good earnings growth, and are expecting significant earnings growth next year, especially on the pharmacy side. These kinds of names were really hurt in 2016, because there was fear that if Clinton came in, they are going to start regulating prices along with additional regulations on the pharmaceutical industry. This trades at a premium to the group at about 20-21 times earnings. They have a great platform with a pipeline of about 10 medications that should be coming on market in the next 5 years. They are great at cost cutting. Also there is a potential acquisition they are looking at.

Lorne Zeiler NORTH AMERICAN DIVIDEND STOCKS & MACRO STRATEGY UNKNOWN Unknown View
PAST TOP PICK LYB-N LyondellBasell Industries Market Call Tonight (BNN TV) 2016-12-23 $87.700

(A Top Pick July 29/16. Up 19%.) This was great value. Basically industrial, focused on the chemical side. Producing plastics is its main business. Stable oil prices really helped out. Trading at about a 30% discount to its peers, which is warranted, because earnings are likely to be lacklustre in the next little while. You are still getting a 4%+ dividend. There is still room left on the stock.

Lorne Zeiler NORTH AMERICAN DIVIDEND STOCKS & MACRO STRATEGY UNKNOWN Yes View
BUY MFC-T Manulife Financial Market Call Tonight (BNN TV) 2016-12-23 $24.430

5-year hold?You are not going to have concerns about this company. They are growing their asset management business significantly. If you are a dividend investor, you want to be in some names that are interest sensitive, and the lifecos are interest sensitive names. Prefers Sun Life (SLF-T) whose footprint into India has been very successful, and they are now moving into China. However, both are great companies.

Lorne Zeiler NORTH AMERICAN DIVIDEND STOCKS & MACRO STRATEGY UNKNOWN No View
COMMENT SHW-N Sherwin-Williams Co. Market Call Tonight (BNN TV) 2016-12-23 $272.300

The biggest paint and wallcovering company in the US. The stock has moved significantly, much more so than earnings. This is one where you want to wait for the price to come down or for earnings to go up.

Lorne Zeiler NORTH AMERICAN DIVIDEND STOCKS & MACRO STRATEGY UNKNOWN Unknown View
PARTIAL BUY TEVA-N Teva Pharmaceutical Market Call Tonight (BNN TV) 2016-12-23 $36.820

This is one where the valuation is very compelling. It’s at a 52-week low, and in this environment, you would think a generic company would do very, very well. At this level it is definitely worth dipping into it. They are expecting 15%-20% growth in emerging markets, and this company will be able to participate.

Lorne Zeiler NORTH AMERICAN DIVIDEND STOCKS & MACRO STRATEGY UNKNOWN No View
TOP PICK TRP-T Trans Canada Corp Market Call Tonight (BNN TV) 2016-12-23 $62.130

Great management team. Reasonable valuation to the peer group. There is going to be a lot of pipeline that he is expecting to come online in the next number of years. There is about $25 billion of infrastructure that has been spent, and will be coming online, probably within the next 2 years. There is another $45 billion that is likely coming on in the next 5 years from there. A huge amount of growth in that space. The company has said that they are likely to increase dividends at a 10% clip over the next 5 years. We are also likely going to see Keystone approved. Dividend yield of 3.64%. (Analysts’ price target is $68.31.)

Lorne Zeiler NORTH AMERICAN DIVIDEND STOCKS & MACRO STRATEGY UNKNOWN Yes View
PAST TOP PICK ZPR-T BMO S&P/TSX Laddered Preferred Market Call Tonight (BNN TV) 2016-12-23 $10.580

(A Top Pick July 29/16. Up 8.13%.) Has a lot of clients that are really focused on how they are going to get the income they need. Every 5 years, these preferred shares get reset, and they benefit when interest rates are going up.

Lorne Zeiler NORTH AMERICAN DIVIDEND STOCKS & MACRO STRATEGY UNKNOWN Yes View
COMMENT AD-T Alaris Royalty Market Call Tonight (BNN TV) 2016-12-22 $23.700

Has a very small Short position, because their most recent quarter showed their growth had slowed down. He tends to invest in companies on the long side that have positive change, in short those that have negative change. Doesn’t think there is any problem with the dividend. A lot of their business is out west, and with oil prices increasing, this could see a bit of a rebound.

James Hodgins SMALL & MID-CAP NEUTRAL INVESTING UNKNOWN Yes View
HOLD AVO-T Avigilon Corp Market Call Tonight (BNN TV) 2016-12-22 $12.260

He has historically been short this and still has a tiny bit but has been covering it. They didn’t have very efficient use of capital. The main negative though, has been on the cost side, which seems to be under control now.

James Hodgins SMALL & MID-CAP NEUTRAL INVESTING UNKNOWN Yes View
COMMENT AX.UN-T Artis Real Estate Investment Trust Market Call Tonight (BNN TV) 2016-12-22 $12.430

A well-managed company, largely based in Western Canada. Real estate, particularly commercial real estate, in Western Canada has not done as well. That may come back as the energy market comes back, but this is an interest sensitive stock, and if the market feels rates will rise over the next year, which he thinks is the case, REITs generally will underperform. However, this one looks pretty cheap.

James Hodgins SMALL & MID-CAP NEUTRAL INVESTING UNKNOWN Unknown View
DON'T BUY AYA-T Amaya Gaming Group Inc. Market Call Tonight (BNN TV) 2016-12-22 $19.140

The rumoured takeover by the former CEO, Mr. Baazov has now officially gone away. He has a small Short position, and a somewhat negative view on the poker market. They have growth opportunities in expanding into sports betting and casinos, but those are pretty competitive markets, especially in London and Europe. This is fully valued.

James Hodgins SMALL & MID-CAP NEUTRAL INVESTING UNKNOWN Yes View
COMMENT CHR-T Chorus Aviation Inc Market Call Tonight (BNN TV) 2016-12-22 $7.180

They have an agreement with Air Canada (AC-T), so it kind of precludes them from being a take-out candidate. Just did their 1st lease deal prior to a Fairfax investment with them. This is positive, as it diversifies them away from Air Canada. It is quite a competitive market, and the stock had a really nice run up over the last couple of weeks, so he sold his position.

James Hodgins SMALL & MID-CAP NEUTRAL INVESTING UNKNOWN No View
COMMENT CLR-T Clearwater Seafoods Inc. Market Call Tonight (BNN TV) 2016-12-22 $11.240

He likes this quite a bit. It has been a victim of tax loss selling. They missed the last quarter, and said the next quarter is also going to be soft. They instituted a new clam boat, and it was so efficient that they actually pressured their own pricing, and margins came down. They are also stimulating demand and gaining customers, because of the lower prices. That price pressure is going to last only one more quarter. Heading into Q2 and the back half of next year, he is quite bullish on this. The company has the greatest quota for clams and mussels in Canada.

James Hodgins SMALL & MID-CAP NEUTRAL INVESTING UNKNOWN Yes View
COMMENT CSW.B-T Corby Spirit and Wine (B) Market Call Tonight (BNN TV) 2016-12-22 $20.125

This has been a core holding for his fund since inception. They have a very nice tendency to not only pay a regular dividend, but in years when they don’t make growth acquisitions, they typically also make a very nice special dividend at year-end. They made a nice growth acquisition this year. With their relationship with Pernod, they have very nice distributorship to the US and the UK.

James Hodgins SMALL & MID-CAP NEUTRAL INVESTING UNKNOWN Yes View
COMMENT GUD-T Knight Therapeutics Market Call Tonight (BNN TV) 2016-12-22 $10.370

Jonathan Goodman, former founder and CEO of Paladin labs, sold Paladin to Endo Therapeutics in the US. Endo has since come under a lot of pressure, and this company possibly has the opportunity to buy back the Canadian assets at a much cheaper price than they sold it. Just did a recent $10 equity raise. Knight has about $5 a share in cash, so it has a lot of firepower to be picking up distressed assets from the Valeants of the world, Endo, and possibly even Concordia. He likes this quite a bit here.

James Hodgins SMALL & MID-CAP NEUTRAL INVESTING UNKNOWN Unknown View
COMMENT IAE-T Ithaca Energy Inc. Market Call Tonight (BNN TV) 2016-12-22 $1.530

This is a North Sea play. Their biggest field, Stella, is expected to come online in January. Assuming it comes online as planned, the stock looks very cheap, trading at about 4.5X debt adjusted cash flow. Its peers are trading more at 6-8 times. Expect there will be some re-rating once the Stella field comes online.

James Hodgins SMALL & MID-CAP NEUTRAL INVESTING UNKNOWN Yes View
PAST TOP PICK IGG-T Innova Gaming Group Market Call Tonight (BNN TV) 2016-12-22 $1.630

(A Top Pick Dec 23/15. Up 4.94%.) This was spun out of Amaya Gaming. It does not depend on online gaming. They do video lottery terminals in both bingo halls in Ontario and Québec, and Legion halls in a number of US states. The stock is very cheap and he still likes this quite a bit.

James Hodgins SMALL & MID-CAP NEUTRAL INVESTING UNKNOWN Yes View
HOLD IIP.UN-T InterRent REIT Market Call Tonight (BNN TV) 2016-12-22 $7.380

This is a well-run company, but isn’t particularly cheap among the smaller cap REITs.

James Hodgins SMALL & MID-CAP NEUTRAL INVESTING UNKNOWN No View
TOP PICK JTR-X Greenspace Brands Inc Market Call Tonight (BNN TV) 2016-12-22 $1.190

Everyone can see how the shelf space in the big Canadian grocery chains has been growing significantly for organic. This company is a distributor for organic brands, both into those grocery stores, and also into Starbucks (SBUX-Q). Thinks there is significant, significant upside, and has this pegged at something like 140% revenue growth next year. (Analysts’ price target is $2.08.)

James Hodgins SMALL & MID-CAP NEUTRAL INVESTING UNKNOWN Yes View
COMMENT KEL-T Kelt Exploration Market Call Tonight (BNN TV) 2016-12-22 $6.690

This was founded by the former management team of Celtic Energy, that was sold a number of years ago, for a nice profit for all the investors. They have quite a nice position in the Montney. He likes this name. On a go forward basis, this has a ton of upside in their drill program.

James Hodgins SMALL & MID-CAP NEUTRAL INVESTING UNKNOWN Yes View
COMMENT MKP-T MCAN Mortgage Corp Market Call Tonight (BNN TV) 2016-12-22 $14.400

Basically paying out all of its income as dividend, so you are not going to get growth, just dividend. Thinks the dividend is relatively safe as long as the Canadian housing market holds up. If you like growth in the sector, he likes Equity Financial (EQI-T). Their lending book growth was something like 178% last quarter.

James Hodgins SMALL & MID-CAP NEUTRAL INVESTING UNKNOWN Unknown View
TOP PICK MSL-T Merus Labs International Market Call Tonight (BNN TV) 2016-12-22 $1.080

This has been a Top Pick in the past, and he has been wrong, but with the end of tax loss selling there should be a change. They are getting the benefit of a technology transfer for manufacturing of one of their main drugs, Sintrom, from the US in US$ costs into Europe in Euro costs. That is going to take place over the next 2-3 quarters and will save them about $8 million a year. They can reinvest those savings. Their next targeted acquisitions are for drugs with an organic growth profile, something they have lacked in the past. Trading at 3X cash flow, and their closest competitor trades at 10X cash flow. There has been recent insider buying by both the CEO and a couple of board members. (Analysts’ price target is $1.84.)

James Hodgins SMALL & MID-CAP NEUTRAL INVESTING UNKNOWN Yes View
DON'T BUY NEPT-T Neptune Tech & Bioresource Market Call Tonight (BNN TV) 2016-12-22 $1.300

One of those companies that has been on the cusp for nearly a decade. They make krill oil for omega-3 supplements. They don’t have anything particularly patented that other operators can’t also produce. The supplement market is highly competitive. He has a small Short position on this.

James Hodgins SMALL & MID-CAP NEUTRAL INVESTING UNKNOWN Yes View
PAST TOP PICK NSU-T Nevsun Resources Market Call Tonight (BNN TV) 2016-12-22 $4.260

(A Top Pick Dec 23/15. Up 22.39%.) Part of the recent gain is since the election. A base metal producer and developer. Their historical mine Bisha in Eritrea, did quite well. They then made an acquisition of a copper exploration play in Europe, so it has become a little riskier as they are going to spend most of their cash developing this new copper project. The upside is there if you think this procyclical rally in base metals will continue.

James Hodgins SMALL & MID-CAP NEUTRAL INVESTING UNKNOWN No View
COMMENT PLI-T Prometic Life Sciences Inc. Market Call Tonight (BNN TV) 2016-12-22 $1.670

Their main product is plasminogen, a kind of artificial blood plasma replacement. They’ve had great success in getting FDA approval, but not great success in delivering on revenues and cash flows. He has a Short on this, but it is starting to get down to levels where it is getting to be less attractive as a Short position.

James Hodgins SMALL & MID-CAP NEUTRAL INVESTING UNKNOWN Yes View
COMMENT PLS-T Polaris Minerals Corp. Market Call Tonight (BNN TV) 2016-12-22 $1.250

He likes this. Kind of a direct play on infrastructure spending in the US, but has not done as well recently. A lot of their business is in California. They produce cement and rock, and ship it from the west coast in Canada, down to California, which is actually cheaper than trucking it or by rail from the Northwestern US. If you think Mr. Trump’s infrastructure plan is going to move forward, and there are going to be all kinds of roads and bridges built, this is an interesting play.

James Hodgins SMALL & MID-CAP NEUTRAL INVESTING UNKNOWN Unknown View
Showing 1 to 60 of 160,457 entries
<< < 1 2 3 4 5 > >>