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) 2016-09-20 $0.020

Market. When the Fed raises interest rates, he doesn’t believe they’re going to do it at each of the next few meetings i.e. in a fast cycle. Rate increases are likely to be gradual because there is still subpar economic growth in the US and in other regions. If they hike rates too aggressively, you would see financial conditions tighten. We are in a low yield environment, and people have gravitated to dividend stocks in search of better yields, and if you look at certain sectors, there is certainly a risk that there could be a rotation out of so-called defensive and expensive dividend paying sectors. What he tries to do is to identify companies that have a very sustainable free cash flow yield that are generating a lot of money with clean balance sheets.

Andy Nasr REITS, GLOBAL & MACRO STRATEGY UNKNOWN _N/A View
HOLD AX.UN-T Artis Real Estate Investment Trust Market Call Tonight (BNN TV) 2016-09-20 $12.720

He owns a little. A good, deep value name for Canadian investors looking for a mid-single digit yield as the payout ratio is under 100%. The concern is not if rates are going to go up and affect their cash flow growth, it really has to do with lower commodity prices in Western Canada. They just did an equity issue to buy some US assets, and there is a little bit of an overhang there. Good value and decent yield.

Andy Nasr REITS, GLOBAL & MACRO STRATEGY UNKNOWN Yes View
PAST TOP PICK BAC-N Bank of America Market Call Tonight (BNN TV) 2016-09-20 $15.600

(A Top Pick Sept 8/15. Down 2.05%.) He still likes the US banks, but his preference now would be J.P. Morgan (JPM-N), Wells Fargo (WFC-N) and some of the others. The issue with US banks has been sentiment related. The money centred banks in the US are exceptionally well capitalized. Because US banks are so well capitalized, they are going to take market share away European counterparts, where the risk rated asset calculations are probably a lot less conservative than they are in the US.

Andy Nasr REITS, GLOBAL & MACRO STRATEGY UNKNOWN No View
TOP PICK BEI.UN-T Boardwalk REIT Market Call Tonight (BNN TV) 2016-09-20 $49.950

Trades at a huge discount to replacement value, which he pegs at around $65. Apartments are a defensive asset class and this is a good example. If you are worried about house prices declining in Western Canada, people are going to rent instead of buy. You should see occupancy go up in low income Housing, which is where this company really benefits. 80% of the Net Operating Income comes from Alberta and Saskatchewan, which is why it trades at a sizable discount. Exceptional management team which owns 25% of the company. Dividend yield of 4.5%.

Andy Nasr REITS, GLOBAL & MACRO STRATEGY UNKNOWN Yes View
BUY BPY.UN-T Brookfield Property Partners Market Call Tonight (BNN TV) 2016-09-20 $30.270

A great example of a truly global real estate company. They have high quality assets all over the world. Part of the recent volatility has to do with BREXIT and underlying concerns about rising interest rates. Great management team and trading at a substantial discount to NAV.

Andy Nasr REITS, GLOBAL & MACRO STRATEGY UNKNOWN No View
TOP PICK CI-N Cigna Corp. Market Call Tonight (BNN TV) 2016-09-20 $131.990

A US health insurer provider, one of the largest. There is a pending deal. Aetna (AET-N) (?) wants to buy the company, and it is unlikely that deal gets approved. If the deal doesn’t get approved, the break fee is about $1.5 billion. On top of that, when you look at the cash they can deploy, they are going to have about $10 billion to play with. They can buy back a ton of stock if the deal does not go through. If it does go through, you still get 30% upside. Dividend yield of .03%.

Andy Nasr REITS, GLOBAL & MACRO STRATEGY UNKNOWN Yes View
BUY on WEAKNESS COST-Q Costco Wholesale Market Call Tonight (BNN TV) 2016-09-20 $152.170

He is not a fan of bricks and mortar retailers, but this company has a great brand and has demonstrated excellent long-term growth. His concern is the valuation. The free cash flow yield approximates 3% and it trades north of 20X earnings. He would be more compelled to Buy if it pulled back by 15%. A very defensible business, as two thirds of the revenues really accrue from the memberships they sell.

Andy Nasr REITS, GLOBAL & MACRO STRATEGY UNKNOWN No View
BUY CSH.UN-T Chartwell Seniors Housing Market Call Tonight (BNN TV) 2016-09-20 $15.260

(Market Call Minute.) Thinks this is pretty decent here, and he would probably be inclined to accumulate this.

Andy Nasr REITS, GLOBAL & MACRO STRATEGY UNKNOWN Yes View
SELL CXR-T Concordia Healthcare Market Call Tonight (BNN TV) 2016-09-20 $7.120

At the time, this was a compelling pitch. You were buying drugs that were mispriced and were making a lot of money. It is really difficult when looking at a highly leveraged company like this to justify a turnaround. They are going to have to reduce debt and sell off some assets. In the meantime, the regulatory environment is not very favourable at all.

Andy Nasr REITS, GLOBAL & MACRO STRATEGY UNKNOWN No View
HOLD DRG.UN-T Dream Global REIT Market Call Tonight (BNN TV) 2016-09-20 $9.050

(Market Call Minute.) Trading at a sizable discount to NAV. However, there are still some single tenant risks. There are other global names he likes more.

Andy Nasr REITS, GLOBAL & MACRO STRATEGY UNKNOWN No View
BUY ENB-T Enbridge Market Call Tonight (BNN TV) 2016-09-20 $57.620

A good, long term hold. You can get fussy with valuation and try to get cute, but it is a name you just want to Buy and tuck away for 5-10 years. The assets are very difficult to replicate. The Specter deal helps them securing mid-single digit cash flow and dividend growth for the foreseeable future.

Andy Nasr REITS, GLOBAL & MACRO STRATEGY UNKNOWN Yes View
HOLD ENF-T Enbridge Income Fund Holdings Market Call Tonight (BNN TV) 2016-09-20 $33.050

(Market Call Minute.) Relatively stable assets. He thinks you could see the parent, Enbridge, drop more renewable assets into it, which gives you a nice growth trajectory.

Andy Nasr REITS, GLOBAL & MACRO STRATEGY UNKNOWN Unknown View
COMMENT FIH.U-T Fairfax India Holdings Corp Market Call Tonight (BNN TV) 2016-09-20 $10.950

IPO’d in 2014. They raised $1 billion with the premise being they were going to take the money and buy public and private securities in India. They have made several transactions. It is going to evolve and they are probably going to raise additional money to make more acquisitions, however, it is tough to get a handle on because the businesses are relatively opaque and disclosure is not all that good. If anything, he would be inclined to wait for a pullback and buy it at a discount to NAV. However, if you are looking at this as an emerging market, he thinks the fundamentals are fine.

Andy Nasr REITS, GLOBAL & MACRO STRATEGY UNKNOWN No View
HOLD GE-N General Electric Market Call Tonight (BNN TV) 2016-09-20 $29.670

(Market Call Minute.) Moving away from GE Capital, and thinks that most of the transitions happen. Looks like 90% is manufacturing and GE Capital only contributes 10%. If you can kind of get there in 2017-2018, he thinks the business dynamics will change a lot and you should have better visibility.

Andy Nasr REITS, GLOBAL & MACRO STRATEGY UNKNOWN No View
COMMENT KMI-N Kinder Morgan Inc. Market Call Tonight (BNN TV) 2016-09-20 $21.880

He likes the longer-term growth prospects. Feels that you can really bank on mid-single digit cash flow growth and dividend growth. It has energy infrastructure assets throughout the US and is a relatively large player. It came under pressure when commodity prices sold off so there are some sentimental related risks, unless there is a rebound in oil prices. Relatively strong balance sheet and the dividend growth is sustainable. He might increase his exposure if there is a pullback.

Andy Nasr REITS, GLOBAL & MACRO STRATEGY UNKNOWN Yes View
COMMENT LYG-N Lloyds TSB Group PLC Market Call Tonight (BNN TV) 2016-09-20 $2.980

Sold his holdings leading into BREXIT on concerns of what that could do to the financial services sector. That is the one sector in the UK where he worries about what is going to happen with respect to employment and longer-term growth. This bank is going to be somewhat challenged, however the valuation looks compelling. He may re-enter this at some point once he gets more confident about what the domestic economy is going to look like in 2017.

Andy Nasr REITS, GLOBAL & MACRO STRATEGY UNKNOWN No View
COMMENT MFC-T Manulife Financial Market Call Tonight (BNN TV) 2016-09-20 $18.360

In a low interest rate environment, it is very difficult for lifecos to make money. Auditors at some point are going to look at the reinvestment rate required, and there is speculation they may actually lower it, meaning the company has to hold more cash on its balance sheet. However, the franchise value is excellent. Great wealth management business. Growing hand over fist in Asia. If they can just overcome the negative sentiment as it pertains to interest rates and maybe start to take a longer term time horizon into 2017-2018, then you can make a case for it.

Andy Nasr REITS, GLOBAL & MACRO STRATEGY UNKNOWN No View
BUY MIC-N MacQuarie Infrastructure LLC Market Call Tonight (BNN TV) 2016-09-20 $80.670

(Market Call Minute.) Has held this for a long time in his infrastructure fund. He really likes it.

Andy Nasr REITS, GLOBAL & MACRO STRATEGY UNKNOWN Yes View
HOLD MRT.UN-T Morguard Real Estate Inv Trust Market Call Tonight (BNN TV) 2016-09-20 $15.690

A very well diversified Canadian REIT. Retail exposure and located in several different provinces. Morguard Corp substantially controls and owns a lot of the REIT. At some point, if the REIT gets cheap enough, it trades at a sizable discount to NAV, and you could see Morguard take it in and monetize it.

Andy Nasr REITS, GLOBAL & MACRO STRATEGY UNKNOWN Unknown View
PAST TOP PICK MSFT-Q Microsoft Market Call Tonight (BNN TV) 2016-09-20 $56.810

(A Top Pick Sept 8/15. Up 33%.) He still likes this. A very well capitalized company. When you think of the transition to the Cloud, they have certainly done that more successfully than others. Feels they are going to continue to redeploy capital and be able to effect mid-single digit increases if not a single digit increase in earnings and cash flow.

Andy Nasr REITS, GLOBAL & MACRO STRATEGY UNKNOWN Yes View
COMMENT MST.UN-T Milestone Apartment REIT Market Call Tonight (BNN TV) 2016-09-20 $19.000

A great name with a good management team and a decent balance sheet. They own garden style apartments through the US. Thinks there could be some additional upside. Apartments are a very defensive asset class, because if there is slower economic growth, there is more demand for low income housing. Home ownership in the US is at a 50 year low, mainly because credit conditions are still tight. The only concern is that there is going to be some additional supply come onto the market towards the end of 2017-2018, and rent growth will start to decelerate.

Andy Nasr REITS, GLOBAL & MACRO STRATEGY UNKNOWN Unknown View
TOP PICK NSRGY-OTC Nestles Market Call Tonight (BNN TV) 2016-09-20 $0.001

He has shied away from the US consumer staple sector, however he does find good consumer staple opportunities in Europe, and this is an example of a fantastic company. You are getting a mid-single digit free cash flow yield. It is also a company that has optionality. A new CEO is coming in January, and the focus is going to be on cost control and margin improvement. Dividend yield of 2.9%.

Andy Nasr REITS, GLOBAL & MACRO STRATEGY UNKNOWN Yes View
BUY PPL-T Pembina Pipeline Corp Market Call Tonight (BNN TV) 2016-09-20 $39.360

(Market Call Minute.) Great visibility through to 2018. $5 billion worth of organic growth that they are going to be able to execute on, fully contracted and fully supported. Good cash flow visibility.

Andy Nasr REITS, GLOBAL & MACRO STRATEGY UNKNOWN Unknown View
HOLD REI.UN-T RioCan Real Estate Investment Market Call Tonight (BNN TV) 2016-09-20 $27.510

(Market Call Minute.) Trades at a bit of a premium to NAV. A high-quality company. 80% of its real estate is in Canada’s 6 largest cities.

Andy Nasr REITS, GLOBAL & MACRO STRATEGY UNKNOWN Yes View
BUY on WEAKNESS TCN-T Tricon Capital Group Market Call Tonight (BNN TV) 2016-09-20 $9.160

(Market Call Minute.) Single family home strategy in the US and trading at a discount to NAV. He would buy more if it got a little cheaper.

Andy Nasr REITS, GLOBAL & MACRO STRATEGY UNKNOWN Yes View
SELL VRX-T Valeant Pharmaceuticals Market Call Tonight (BNN TV) 2016-09-20 $34.830

At the time, this was a compelling pitch. You were buying drugs that were mispriced and were making a lot of money. It is really difficult when looking at a highly leveraged company like this to justify a turnaround. They are going to have to reduce debt and sell off some assets. In the meantime, the regulatory environment is not very favourable at all.

Andy Nasr REITS, GLOBAL & MACRO STRATEGY UNKNOWN No View
PAST TOP PICK WHR-N Whirlpool Corp Market Call Tonight (BNN TV) 2016-09-20 $160.440

(A Top Pick Sept 8/15. Down 0.9%.) An interesting company, and a tale of 2 economies. They get about half their sales from the US and the other half comes from international markets that have been challenged. This is a nice way to get exposure to emerging markets through a developed market company.

Andy Nasr REITS, GLOBAL & MACRO STRATEGY UNKNOWN No View
COMMENT WMT-N Wal-Mart Stores Inc. Market Call Tonight (BNN TV) 2016-09-20 $71.970

Amazon has affected the retail environment for a lot of traditional retailers. His concern would be how this company pivots; how they react and whether or not they can increase their e-commerce presence. The free cash flow yield in terms of long-term growth is hard to reconcile in a company like this. Doesn’t think growth profile is all that robust.

Andy Nasr REITS, GLOBAL & MACRO STRATEGY UNKNOWN No View
N/A A Commentary A Comment -- General Comments From an Expert Market Call (BNN TV) 2016-08-30 $0.020

Market. We have had a good move in oil and oil stocks, and thinks people are waiting for the next couple of months to play themselves out to get more conviction in terms of shorter-term direction. He’s been calling for $60 oil for next year. September is usually a poor month for energy stocks and oil. Now we have the distraction of having an OPEC meeting at the end of September, whether it be a freeze or no freeze. Whether they formally agree or not to increase production, is a bit of a joke, but the market has really gotten caught up in it. We have also seen speculative net length in oil itself, increase pretty materially and at the same time there has been a huge drawdown in the Short interest in oil. The oil price must really be high enough that allows US industry to drill enough to grow production once again.

Eric Nuttall CANADIAN ENERGY & SMALL CAP UNKNOWN _N/A View
N/A A Commentary A Comment -- General Comments From an Expert Market Call (BNN TV) 2016-08-30 $0.020

Oil or gas? This was topical earlier this year when people were bearish on oil, and then everybody piled into the natural gas names, and not inflated the multiples. He would say that natural gas names are relatively more expensive, so his predisposition would be to buy oil names. Gas is capped whereas oil you could have a pretty significant spike in the next few years. However, he prefers looking at this through individual companies.

Eric Nuttall CANADIAN ENERGY & SMALL CAP UNKNOWN _N/A View
COMMENT ABT-T Absolute Software Corp. Market Call (BNN TV) 2016-08-30 $7.100

Sold his holdings earlier this year because, as the company was entering into a transition point where they are investing more in research development and are in more sales staff, there is going to be a compression and margins in the story would just stall out. Intends to revisit this sometime in 2017. They are holding around $60 million in net cash, so the dividend is safe.

Eric Nuttall CANADIAN ENERGY & SMALL CAP UNKNOWN No View
SELL AYA-T Amaya Gaming Group Inc. Market Call (BNN TV) 2016-08-30 $19.620

There was a taint on this due to the previous CEO who resigned. You are now left with a business where they are they market leader in a declining business (poker), but are going to be offsetting that. This has so much animosity that it would be a Sell. (See Top Picks.)

Eric Nuttall CANADIAN ENERGY & SMALL CAP UNKNOWN Unknown View
TOP PICK BIR-T Birchcliff Energy Ltd. Market Call (BNN TV) 2016-08-30 $9.090

A natural gas name that has re-birthed from an acquisition with Encana (ECA-T) on the Gordon Dell property. It is still trading at a discount valuation. He thinks people will recognize how cheap this name is relative to its fundamentals. On a forward basis he would have it trading at about 7.2X cash flow. Its peers trade at 8X or 9X, and yet with this property acquisition, they’ve increased inventory to a highly perceptive liquids rich play. Most importantly, they have taken down their debt. He is looking at a $13 share price in 2 years, if using an 8X multiple.

$13 in 2 years Eric Nuttall CANADIAN ENERGY & SMALL CAP UNKNOWN Yes View
COMMENT BNK-T Bankers Petroleum Market Call (BNN TV) 2016-08-30 $1.920

Just won a tax dispute against the Albanian government. Up until a few months ago, the $57 million would be a major win, but right now it is going to be going into the pockets of the Chinese company that is bidding on the company. If you own this, you are just holding for another nickel or dime.

Eric Nuttall CANADIAN ENERGY & SMALL CAP UNKNOWN Unknown View
HOLD BTE-T Baytex Energy Corp Market Call (BNN TV) 2016-08-30 $6.020

He loved this earlier this year. He liked that it had no debt maturities coming until 2021, so the balance sheet was a lot stronger than people had thought. However, that trade has kind of played itself out. He would love to own this in the $5 space.

Eric Nuttall CANADIAN ENERGY & SMALL CAP UNKNOWN Unknown View
COMMENT CJ-T Cardinal Energy Ltd Market Call (BNN TV) 2016-08-30 $8.770

He likes this, because it is still trading at a discount multiple, relative to some of its peers. It has a stronger than average balance sheet, lower than average decline rate, better than average properties and the ability at a higher oil price. 80% of their oil gets sold at a discount to light oil, because it is medium gravity and the product leverage to a rise in the oil price is that much more magnified. He could see this at $15 in 2 years.

$15 in 2 years Eric Nuttall CANADIAN ENERGY & SMALL CAP UNKNOWN Yes View
BUY on WEAKNESS CJT-T Cargojet Inc Market Call (BNN TV) 2016-08-30 $40.370

Sold his holdings earlier this year. The story has now played itself out, and he would love to buy this on weakness. Trading liquidity can be fairly thin.

Eric Nuttall CANADIAN ENERGY & SMALL CAP UNKNOWN No View
PAST TOP PICK CPG-T Crescent Point Energy Corp Market Call (BNN TV) 2016-08-30 $20.390

(A Top Pick Aug 25/15. Up 71.25%.) At the current price, this is not a Hold, but in the next 2 months it is his intention to Buy below $20. If he can get it in the high $18-low $19, he would buy it aggressively. Thinks this is a $28 stock 2 years out at $65 oil in 2018.

Eric Nuttall CANADIAN ENERGY & SMALL CAP UNKNOWN No View
COMMENT DIV-T Diversified Royalty Corp. Market Call (BNN TV) 2016-08-30 $2.460

A top 5 holding in his small-cap fund with a 9.2% yield. Payout ratio is around 100%, but they had to pay out $8 million due to a lawsuit. That is now over, so the next quarter will be the 1st quarter where you don’t have those embedded costs, which should bring the payout ratio down. You also get a hidden exposure to an improvement in the oil price, because part of their revenue comes from a restaurant chain in Alberta. At the same time there is an underpinning of real estate across the country and a royalty stream on Mr. Lube.

Eric Nuttall CANADIAN ENERGY & SMALL CAP UNKNOWN Yes View
COMMENT GRC-X Grenville Strategic Royalty Market Call (BNN TV) 2016-08-30 $0.250

They reported another crummy quarter last night, and the stock is getting obliterated. When it is down 30% on heavy volume, he thinks it is just somebody saying “get me the heck out”. He owns a small piece, and doesn’t know what to do. They are signalling a dividend cut. Has to think about this one.

Eric Nuttall CANADIAN ENERGY & SMALL CAP UNKNOWN Yes View
TOP PICK HOT.UN-T American Hotel Income Properties Market Call (BNN TV) 2016-08-30 $10.900

Hotels. His small cap fund has a large percentage of dividend paying companies. The great thing with the small-cap spectrum is that, just as you can find unloved or uncovered companies that trade at very low PE relative to their growth rates, you can find companies whose base business allows them to generate enough cash to pay a dividend. Some of the growth is through acquisitions where they bought hotels and refurbished them. A lot of the revenue is guaranteed by rail companies. That has been weak because of a lack of coal demand and frac sand demand. Dividend yield of 7.84% at about a 70% payout ratio.

Eric Nuttall CANADIAN ENERGY & SMALL CAP UNKNOWN Yes View
SELL LTS-T Lightstream Resources Market Call (BNN TV) 2016-08-30 $0.115

He would sell this and take a tax loss, and take your money and put it into almost any other name. This company has no equity value in his opinion.

Eric Nuttall CANADIAN ENERGY & SMALL CAP UNKNOWN No View
PAST TOP PICK NBZ-T Northern Blizzard Resources INC Market Call (BNN TV) 2016-08-30 $4.070

(A Top Pick Aug 25/15. Up 29.76%.) A heavy oil name. They were being painted, almost by a bankruptcy brush, as it fell off, but 80% of their production was protected by hedges. That play has played itself out. He wouldn’t own this today, because as the hedges rolled off they were renewing them at lower oil prices.

Eric Nuttall CANADIAN ENERGY & SMALL CAP UNKNOWN No View
TOP PICK NYX-X NYX Gaming Group Ltd Market Call (BNN TV) 2016-08-30 $2.000

This is a company with the best product in their space, a space that is growing at 10%. Last quarter they organically grew by almost 30% plus you tack on acquisitions. It is mired by a stink due to 2 other companies, which are hopefully going to go very soon. Their next quarter is in November which will be the 1st clean quarter where you won’t have M&A noise and be up to fully assess their organic business and their recent acquisition. Trading at less than half its peer multiple, despite having stronger growth rates, and at an almost 20% free cash flow yield. Has the best software in the business, and yet is trading at around 7X next year’s EBITDA. At 9X EBITDA, this is a $4 stock, about 100% upside from here.

$4 Eric Nuttall CANADIAN ENERGY & SMALL CAP UNKNOWN Yes View
COMMENT PEY-T Peyto Exploration & Develop. Market Call (BNN TV) 2016-08-30 $38.270

The Best of Breed natural gas, where it has a very loyal shareholder base. Because of that, this trades at a premium multiple compared to some peers, who he thinks can grow faster.

Eric Nuttall CANADIAN ENERGY & SMALL CAP UNKNOWN No View
COMMENT PMT-T Perpetual Energy Market Call (BNN TV) 2016-08-30 $1.920

Has a lot of respect for management and the family. Generally speaking, these plays are not tier 1, although they’ve done a good job in the past couple of years to rein in costs. There are better names if looking for oil exposure.

Eric Nuttall CANADIAN ENERGY & SMALL CAP UNKNOWN No View
COMMENT SES-T Secure Energy Services Market Call (BNN TV) 2016-08-30 $8.980

A very well respected services company where a lot of people have been hiding to have service exposure, given that a lot of their revenue is a lot more secure. Feels you can do a lot better in other service areas such as pressure pumpers and frac sand companies. Dividend yield of 2.7%.

Eric Nuttall CANADIAN ENERGY & SMALL CAP UNKNOWN Unknown View
COMMENT TCW-T Trican Well Service Ltd. Market Call (BNN TV) 2016-08-30 $2.150

A leveraged call on oil. Of the entire service complex, the 2 areas that will tighten the fastest are the frac sands as #1 and pressure pumpers as #2. At $2.15, this stock is very attractive and has been picking away at this in the last month or so.

Eric Nuttall CANADIAN ENERGY & SMALL CAP UNKNOWN Yes View
PAST TOP PICK TOG-T Torc Oil & Gas Ltd Market Call (BNN TV) 2016-08-30 $7.830

(A Top Pick Aug 25/15. Up 81.77%.) Has a lot of respect for management. This had been a poorer performer last year than others, and had went from trading at a discount to trading at a pretty good premium. Using $60 oil, he would have it trading at around 8X EBITDA to cash flow, which implies zero upside from today’s oil price. He would say this has 35% upside using $65 oil.

Eric Nuttall CANADIAN ENERGY & SMALL CAP UNKNOWN No View
BUY on WEAKNESS TOS-T TSO3 Inc Market Call (BNN TV) 2016-08-30 $3.160

Sold his holdings too early. Had thought valuations were getting a little stretched. They have a device that cleans something that goes into an area which can be fairly high in bacteria levels. On a further pullback, he would look at owning again.

Eric Nuttall CANADIAN ENERGY & SMALL CAP UNKNOWN No View
N/A A Commentary A Comment -- General Comments From an Expert Berman's Call 2016-08-16 $0.020

Market. He separates the economy from the market. The US economy right now looks very good, and it has a lot of positive data points. On the markets, we are looking at 18X forward earnings, which is pretty pricey. He would be much more comfortable at 16X. He looks at utilities on a yield basis for the most part, and they are yielding 6%-7%, which is good. However, if rates move on you, you have to be quick to react. Has a reasonably big weight on consumer stocks. Also likes industrials, some of the telcos, and utilities.

Andrew Pink INCOME STRATEGY (Divs, Fixed & Preferreds) UNKNOWN _N/A View
COMMENT A Commentary A Comment -- General Comments From an Expert Berman's Call 2016-08-16 $0.020

Canadian Banks? These are trading at around 11 or 12 times earnings. Doesn’t feel that you are in jeopardy with huge price swings. You might consider using an ETF.

Andrew Pink INCOME STRATEGY (Divs, Fixed & Preferreds) UNKNOWN Unknown View
COMMENT AAPL-Q Apple Berman's Call 2016-08-16 $109.380

He likes the company, although he sold his holdings recently. You are really just watching for the quarters and the next iPhone release and how much it is going to sell. You can get into some volatile quarters. The dividend is very safe as the company has a lot of cash.

Andrew Pink INCOME STRATEGY (Divs, Fixed & Preferreds) UNKNOWN Yes View
SELL AD-T Alaris Royalty Berman's Call 2016-08-16 $23.860

Had a tough time trying to figure out who they are actually stepping into a royalty situation with. They have about 14-15 royalties with 5 of them not paying right now. To him, this is a “wait and see”. Doesn’t think the dividend is at risk, but if 2 or 3 of these royalties were to blow up, then you might be in trouble. If you own, consider selling it.

Andrew Pink INCOME STRATEGY (Divs, Fixed & Preferreds) UNKNOWN No View
COMMENT AFN-T Ag Growth International Inc Berman's Call 2016-08-16 $41.730

Sold his holdings recently, on valuation more than anything. Doesn’t think the dividend is in trouble here. A very high quality business.

Andrew Pink INCOME STRATEGY (Divs, Fixed & Preferreds) UNKNOWN No View
COMMENT ALA-T Altagas Ltd Berman's Call 2016-08-16 $34.290

Sold his holdings earlier this year. There was some leverage to natural gas that he wasn’t that comfortable with. Feels the dividend is safe.

Andrew Pink INCOME STRATEGY (Divs, Fixed & Preferreds) UNKNOWN No View
TOP PICK AQN-T Algonquin Power & Utilities Corp Berman's Call 2016-08-16 $12.180

(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. 

Andrew Pink INCOME STRATEGY (Divs, Fixed & Preferreds) UNKNOWN Yes View
COMMENT BEP.UN-T Brookfield Renewable Energy Berman's Call 2016-08-16 $39.890

Doesn’t see anything wrong with this. They have had some problems with hydrology, but he finds those things work themselves out over quarters. He likes the stock and has held it for a long time.

Andrew Pink INCOME STRATEGY (Divs, Fixed & Preferreds) UNKNOWN Yes View
COMMENT BMO-T Bank of Montreal Berman's Call 2016-08-16 $83.570

Prefers Toronto Dominion (TD-T) because of their US exposure and that the US consumer is much healthier than the Canadian consumer at the moment. However, this is one he would be looking at. Expect this will come up with good results. Raised the dividend last quarter, so there probably won’t be a bump this quarter. 

Andrew Pink INCOME STRATEGY (Divs, Fixed & Preferreds) UNKNOWN No View
DON'T BUY CEU-T Canadian Energy Services & Technology Berman's Call 2016-08-16 $4.500

Secure Energy Services (SES-T) or Canadian Energy Services & Technology (CEU-T)? He is not really into the service names. This cut its dividend earlier this year and is only paying about .05%. Secure Energy has a 2.5% dividend yield. If you are looking for dividend exposure, Secure would be the one. Service companies are going to struggle for an extended period, particularly if oil starts to come up like he thinks it might. The balance sheet on both companies are very well positioned, but you might just have to wait on this, and right now is not the time to be buying it.

Andrew Pink INCOME STRATEGY (Divs, Fixed & Preferreds) UNKNOWN No View
Showing 1 to 60 of 156,882 entries
<< < 1 2 3 4 5 > >>