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

2017-09-13

Opinion for Loblaw Companies Ltd (L-T)

Signal Price Bias Subject Owned
COMMENT $65.010 CAUTIOUS CANADIAN LARGE No

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.

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

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