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

2017-07-21

Opinion for Hydro One (H-T)

Signal Price Bias Subject Owned
COMMENT $22.650 CAUTIOUS CANADIAN LARGE Unknown

This is a company where the government sets its rates, takes its cash flow. The flexibility that management has within Ontario is limited. You have to ask yourself, are you really buying equity or just buying a participation with a right to a dividend as it goes along. Making a US acquisition gives them an outlook for growth, and hopefully earn a better return on equities.

Michael Sprung
President, Sprung Investment Management http://www.sprunginvestment.com/

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