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Stockchase compiles comments that experts make about stocks every day and helps you review how companies are thought of by investment experts. Sign up to get the latest news by email.

Stocks In The News

Daily Market Highlights

Apple
29/Jan
Apple earnings take some focus off virus concerns
Boeing
29/Jan
Boeing swings to annual loss
Canadian Pacific Rail
29/Jan
Canadian Pacific Rail reports Q4 profit up
Goldman Sachs
29/Jan
Goldman Sachs shares rise after bank gives higher targets
Mastercard Inc.
29/Jan
Mastercard Inc. beats profit estimates

Latest Stock Opinions and Top Picks from Market Call Guests

Wed
Jan 29
BONDS, REITS & DIVIDENDS (Large)
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BIG WIN
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HORIZON
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Tue
Jan 28
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BIG WIN
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Tue
Jan 28
CANADIAN LARGE
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HORIZON
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Today's Market Outlook

Wed
Jan 29
Caronavirus concerns? Copper and energy have been impacted the most. SARs had a 6% death rate, while Corona has a 2% rate. The situation to know more is better than with SARs. This is a concern, but it probably just a blip. Markets are getting used to huge news events and quickly discounting them. The question is, does this virus have a long last impact on demand the market? We should be concerned about this, but it seems less dangerous than SARs. The market is already showing relief.
Signal
Opinion
Expert
BUY WEAKNESS
BUY WEAKNESS
January 29, 2020
This has done so well as the majority are rental properties mostly in Toronto, where the market is so tight. They have been able to increase rents. The valuation is high now, trading at 28 times free cash flow. They also have exposure in the Netherlands. The asset class is so desirable right now. Maybe one day they will be bought out. The yield is not great here either. Yield 2.4%
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This has done so well as the majority are rental properties mostly in Toronto, where the market is so tight. They have been able to increase rents. The valuation is high now, trading at 28 times free cash flow. They also have exposure in the Netherlands. The asset class is so desirable right now. Maybe one day they will be bought out. The yield is not great here either. Yield 2.4%
HOLD
HOLD
January 29, 2020
Debt? The did a secondary issue, which was to go towards debt reduction. This has reduced debt to 55%. They focus on medical facilities and parking and it is very stable. They have expanded into Germany. The structure is clean and easy to understand. He does not own it at this valuation. He wants to see exposure limited to Canada so it is very easy to understand.
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Debt? The did a secondary issue, which was to go towards debt reduction. This has reduced debt to 55%. They focus on medical facilities and parking and it is very stable. They have expanded into Germany. The structure is clean and easy to understand. He does not own it at this valuation. He wants to see exposure limited to Canada so it is very easy to understand.
DON'T BUY
DON'T BUY
January 29, 2020
As an Industrial property REIT, it is in a really good space. He tends to avoid companies with external management contracts. This may not make management be in alignment with shareholders -- "two for me; one for you". He has others he favours in the industrial space.
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As an Industrial property REIT, it is in a really good space. He tends to avoid companies with external management contracts. This may not make management be in alignment with shareholders -- "two for me; one for you". He has others he favours in the industrial space.
DON'T BUY
DON'T BUY
January 29, 2020
This was a REIT that had many different assets. It has been busy dispossessing multi-residential in the US. They have reduced debt. This has caused them to under-perform in the short term. He still struggles to understand their strategy. He does not buy into their global diversification strategy -- you need a theme. He wants to be able to pick an investment that follows the next upcoming trend. So he avoids it.
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This was a REIT that had many different assets. It has been busy dispossessing multi-residential in the US. They have reduced debt. This has caused them to under-perform in the short term. He still struggles to understand their strategy. He does not buy into their global diversification strategy -- you need a theme. He wants to be able to pick an investment that follows the next upcoming trend. So he avoids it.
DON'T BUY
DON'T BUY
January 29, 2020
He had owned this back in 2018. Their largest exposure was in Europe and was backed by Brent oil prices. When differentials were negative in Canada they benefited. Energy in Canada is so cheap relative to European assets, so he thinks the opportunity lies back home in Alberta. So he does not own this. There is also a risk of the high dividend being cut. Yield 13%
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He had owned this back in 2018. Their largest exposure was in Europe and was backed by Brent oil prices. When differentials were negative in Canada they benefited. Energy in Canada is so cheap relative to European assets, so he thinks the opportunity lies back home in Alberta. So he does not own this. There is also a risk of the high dividend being cut. Yield 13%
COMMENT
COMMENT
January 29, 2020
Industrial REITs? He likes WPT Industrial REIT. In the US he likes Prologis, but the valuation is too high. Whereas WTP trades at a discount to NAV.
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Industrial REITs? He likes WPT Industrial REIT. In the US he likes Prologis, but the valuation is too high. Whereas WTP trades at a discount to NAV.
COMMENT
COMMENT
January 29, 2020
Industrial REITs? He likes WPT Industrial REIT. In the US he likes Prologis, but the valuation is too high. Whereas WTP trades at a discount to NAV.
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Prologis (PLD-N)
January 29, 2020
Industrial REITs? He likes WPT Industrial REIT. In the US he likes Prologis, but the valuation is too high. Whereas WTP trades at a discount to NAV.
PAST TOP PICK
PAST TOP PICK
January 29, 2020
(A Top Pick Mar 20/19, Up 12%) Now that Yellow Pages has reorganized and stabilized their business, there is very little debt. This convertible debt is almost risk-free now. Their business has not necessarily done great, it creates free cash flow (with a 32% margin) and pays an 8% yield. He expects the bonds to be called in the next year.
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(A Top Pick Mar 20/19, Up 12%) Now that Yellow Pages has reorganized and stabilized their business, there is very little debt. This convertible debt is almost risk-free now. Their business has not necessarily done great, it creates free cash flow (with a 32% margin) and pays an 8% yield. He expects the bonds to be called in the next year.
PAST TOP PICK
PAST TOP PICK
January 29, 2020
(A Top Pick Mar 20/19, Up 8%) It trades at a discount to their peers -- it is cheap. They have realigned management, bringing it back internal, so it is again re-aligned with unit holders. They have a 99.5% occupancy rate in the Midwest and South -- all logistic centres -- and is very stable. There is way more value versus owning the US company equivalent -- trading 20% cheaper.
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(A Top Pick Mar 20/19, Up 8%) It trades at a discount to their peers -- it is cheap. They have realigned management, bringing it back internal, so it is again re-aligned with unit holders. They have a 99.5% occupancy rate in the Midwest and South -- all logistic centres -- and is very stable. There is way more value versus owning the US company equivalent -- trading 20% cheaper.
PAST TOP PICK
PAST TOP PICK
January 29, 2020
(A Top Pick Mar 20/19, Up 19%) It trades at a huge 15% discount to NAV. They just bought WestJet. It should be trading at $100.
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Onex Corp (ONEX-T)
January 29, 2020
(A Top Pick Mar 20/19, Up 19%) It trades at a huge 15% discount to NAV. They just bought WestJet. It should be trading at $100.