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

Loblaw Companies Ltd Stock Symbol: L-T

Last Price Recorded: $66.8800 on 2017-09-21

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Date Signal Expert Opinion Price
2017-09-13 COMMENT Michael Sprung

The dominant one in grocery chains in Canada. The grocery industry lately has seen food deflation. Some are facing higher labour costs if minimum wage initiatives go forward, which will be fairly significant to a company like this. He prefers to own this through George Weston (WN-T), which gives you the bakery business as an added diversification. In groceries, this company would be his 1st choice.


Price:
$65.010
Subject:
CANADIAN LARGE
Bias:
CAUTIOUS
Owned:
No
2017-08-24 PAST TOP PICK Rick Stuchberry

(Top Pick Apr 15/16, Down 2.26%)  If anyone can get through AMZN-Q, L-T can.  They have very deep pockets.  Their balance sheet looks good.  They are moving silently into health through Shoppers.  Sometimes there are health clubs within their stores.  This may make them okay.


Price:
$67.020
Subject:
CANADIAN LARGE & iNTERNATIONAL ADR's
Bias:
DEFENSIVE
Owned:
Yes
2017-08-24 DON'T BUY Stan Wong

He does not have a lot of exposure to the consumer staples space.  Prices should start dropping at Whole Foods next week after AMZN-Q acquired them.  The PE is 15 times forward earnings.  It is not cheap.  There is increased competition from WMT-N and COST-Q.  AMZN-Q is now also in the picture.  Minimum wage hikes in Ontario will be a challenge also.


Price:
$67.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BULL on GLOBAL GROWTH
Owned:
No
2017-08-23 BUY Douglas Kee

It has come off again. It was getting overvalued.  It has its challenges: AMZN-Q and WMT-N as well as drug pricing for Shoppers with Quebec moving that way.  Overall it is a good company and the two loyalty programs coming together should be positive. It should do well.


Price:
$67.920
Subject:
CANADIAN DIVIDEND
Bias:
SELECTIVE
Owned:
Yes
2017-08-11 WAIT David Cockfield

He is always neutral on this. A good place to be after the stock has corrected, and thinks it can correct some more. He can’t see any reason why this would take off. It’s a tough business, but they are well-established.


Price:
$67.980
Subject:
CANADIAN & ETF's
Bias:
CAUTIOUS
Owned:
Unknown
2017-08-09 TOP PICK Paul Harris, CFA

The largest grocery chain in Canada and also owns Shoppers Drug Stores, which is working out incredibly well for them. They’ve put a lot of capital expenditure into the IT business, meaning you can order a lot of stuff online. There has been a lot of deflation on the grocery side, and the IT business will help offset that. Dividend yield of 1.5%. (Analysts’ price target is $80.)


Price:
$68.020
Subject:
NORTH AMERICAN/GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2017-07-17 DON'T BUY Brendan Caldwell

There are wonderful opportunities in the food business.  But this one is in a very competitive environment and he does not own it right now.  It does not have a huge competitive advantage.  He is in a wait and see mode with respect to Shoppers.


Price:
$70.890
Subject:
CANADIAN VALUE
Bias:
SELECTIVE
Owned:
No
2017-07-13 TOP PICK Paul Harris, CFA

Trading at about 15X earnings. They have rationalized Shoppers quite well. Also, have spent a lot of money on technology. They throw off about $1 billion of free cash flow each year, and a lot of it has been spent on technology and improving stores. There has been a lot of food deflation, and they’ve been able to offset that with better technology. Dividend yield of 1.5%. (Analysts’ price target is $83.50.)


Price:
$71.370
Subject:
NORTH AMERICAN/GLOBAL
Bias:
UNKNOWN
Owned:
Yes
2017-07-12 PAST TOP PICK Christine Poole

(A Top Pick July 12/16. Up 1.86%.) The stock had gone up to about $7-$8 and then Amazon (AMZN-Q) acquired Whole Foods which impacted all the retailers in the US as well as our Canadian grocers. This is a really attractive entry point. Loblaw’s has a pilot project called “Click and Collect” where you can order online. She also likes Shoppers because of the demographics.


Price:
$71.040
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2017-06-16 COMMENT Norman Levine

The Amazon (AMZN-Q) acquisition of Whole Foods (WFM-Q) brings into question the whole food retailing business in North America. More so immediately in the US, but also in Canada. His desire to be in this business has gone down to zero.


Price:
$72.790
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2017-06-16 BUY on WEAKNESS Greg Newman

Before today, this is a name that typically traded between 18X and 15X, and currently is around 17X. You want to buy it more towards the lower end of the range at about 15X. With the news on Amazon’s acquisition, you are probably going to be able to get it at around 15X. Q1 was a real nice beat. Their growth margins were up very sharply and EPS rose 9% year-over-year. They hiked their dividends and they have a stock repurchase going on.


Price:
$72.790
Subject:
CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias:
BULLISH
Owned:
Unknown
2017-05-26 COMMENT Stan Wong

He is staying away from some of the defensive names like this one. Shares are trading at 17X forward earnings with an 8% growth rate. A modest 1.4% dividend yield. Valuations are slightly above to average based on historical norms. What concerns him is that food deflation is happening right now and we are seeing a highly competitive industry. Same-store sales have been flat to falling for this company, although on the Shoppers side they have been inching higher.


Price:
$75.920
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
No
2017-05-25 COMMENT Douglas Kee

A low yielder, but have increased the dividend recently. They’ve done a good job of putting food retailing and Shoppers Drug stores together. It is a slow business. Typically, food retailers do well when there is food inflation.


Price:
$75.990
Subject:
CANADIAN DIVIDEND
Bias:
UNKNOWN
Owned:
Unknown
2017-05-16 PAST TOP PICK Christine Poole

(A Top Pick May 18/16. Up 14%.) She likes the food retail and the drug retail. They have great locations. A lot of their Shoppers outlets are offering fresh food, which is a good concept in the urban centres.


Price:
$77.740
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2017-04-26 TOP PICK Robert McWhirter

The program was interupted by a news flash from Washington, and wasn't inished. Top Picks are not talked about today.


Price:
$75.700
Subject:
CANADIAN DIVIDEND & GROWTH
Bias:
OPTIMISTIC
Owned:
_N/A
Showing 1 to 15 of 568 entries
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