Opinions Michael Sprung
George Weston Ltd.WN.TOCOMMENTJun 08, 2015
Michael SprungStock price when the opinion was issued
As of Jun 05, 2026. Market Open.
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Boring and defensive. You won't make a lot of money on this, but he fears high risk in the wider market. This is stable. Likes their hard assets.
(Analysts’ price target is $113.75)
Keith Richards
Scores 6 in value and 7 for fundamentals. Still have dominant market share, but negative publicity over pricing can hurt brand trust as well as regulatory oversight. The market sees 16% upside. Doesn't know why there was a big drop-off this year, something to do with product pricing and customer loyalty.
Likes it for primarily being Loblaws and Choice Properties which has a solid tenant base including Shoppers Drug Mart. Has reasonable growth prospects. The only caveat is politicians complaining about high food prices, but it doesn't bother him. The grocers face costs pressures from energy costs and higher wages.
(Analysts’ price target is $189.86)Michael Sprung
Robert LauzonBilly Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Have been a good place to hide out in the recent market. EPS is growing by 15% for the next two years. Good for a staples company. Debt is high but not unusual for hte company. Repurchasing shares. Looks fine here. Unlock Premium - Try 5i Free
Stockchase Insights
Michael Sprung
Michael SprungWN-T vs. L-T This sector is just not loved right now. Investors just aren't looking at these kinds of stocks right now. Their costs have been moving up but people aren't eating more. Their sweet spot is late April until late May. L-T could be okay so he would hold on to it.
New IPOs on preferred shares? There are a number of dynamics at work here, particularly with preferred shares. On an acceleration in interest rates, preferred shares are going to suffer some capital loss and you want to protect yourself as best you can. You can look at those that are very close to their reset date if you think a rise in rates is imminent. However, that is a guessing game. Recently this company just did a perpetual preferred issue, which he hasn’t seen in some time. This is where the interest rate is actually fixed. It is redeemable by 2020, but you know that the 5% yield is fixed.