Barry Schwartz
Member since: Sep '09
CIO & Portfolio Manager at
Baskin Wealth Management
Baskin Wealth Management
Reveal Expert Rating
2352 Opinions
Latest Top Picks
(A Top Pick May 04/20, Up 46%) Controversial holding. People like that it's moving into virtual reality. Demand for ads, partnership with Shopify are pluses. Still reasonably priced.
(A Top Pick May 04/20, Up 2%) A fantastic business. Predictable revenues, high barriers to entry, rising dividends, terrific demand for mobile data, 5G just getting started. A growth play with income potential. Attractive long-term economics. Pullback may be due to interest rate fears and rotation to the reopening trade.
(A Top Pick May 04/20, Up 41%) Dominant player. Volume generates fees. Strong tailwinds, as increasingly the slightest tap on a car can result in a total loss and it goes to a Copart lot.
Huge in the US. Aims to be a member of the 20/20 club: 20% compound revenue growth and 20% compound earnings growth. Increased adoption creates the network effect via e-commerce and online shopping. Inflation protection. No dividend. (Analysts’ price target is $310.53)
Movie theatre business is done. It's all about NFLX and DIS. Best service, local language products. No one's going to catch them. Margins will grow and earnings will increase dramatically. Wishy-washy in the short term, but very bullish long-term. No dividend. (Analysts’ price target is $609.50)
Signal
Opinion
Expert
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COMMENT
COMMENT
October 2, 2020
Canadian banks. The banks have recovered well. September wasn't great across the board, but they have outperformed US counterparts. There were good results out of banks last quarters. Banks have proven they are very resilient even in recessions.
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Canadian banks. The banks have recovered well. September wasn't great across the board, but they have outperformed US counterparts. There were good results out of banks last quarters. Banks have proven they are very resilient even in recessions.
BUY
BUY
October 2, 2020
Amazon wasn't able to meet all the demands with everybody shifting to shopping online. They are growing operations now. He could see Amazon doubling earnings in the next 2-5 years. The value is reasonable considering all the tailwinds.
Show full opinionHide full opinionAmazon wasn't able to meet all the demands with everybody shifting to shopping online. They are growing operations now. He could see Amazon doubling earnings in the next 2-5 years. The value is reasonable considering all the tailwinds.
specialty stores
BUY
BUY
October 2, 2020
A medical products company. They had a recall of one of their products this year, and they were late on the ball with covid testing. Now that things are open again and people are going to the hospital, they should have a positive outlook.
Show full opinionHide full opinionA medical products company. They had a recall of one of their products this year, and they were late on the ball with covid testing. Now that things are open again and people are going to the hospital, they should have a positive outlook.
Healthcare
DON'T BUY
DON'T BUY
October 2, 2020
A lot of people own it for the dividend, and the track record until earlier this year has been incredible. They made a number of acquisitions and capital expenditures right before the crisis. The dividend yield is very high and the market is expecting a dividend cut. Management is saying the dividend will continue to grow.
Show full opinionHide full opinionA lot of people own it for the dividend, and the track record until earlier this year has been incredible. They made a number of acquisitions and capital expenditures right before the crisis. The dividend yield is very high and the market is expecting a dividend cut. Management is saying the dividend will continue to grow.
oil/gas pipelines
DON'T BUY
DON'T BUY
October 2, 2020
Looking at the long term history, this has been a destroyer of capital. Long term, energy is not where you want to be.
Show full opinionHide full opinionLooking at the long term history, this has been a destroyer of capital. Long term, energy is not where you want to be.
integrated oils
DON'T BUY
DON'T BUY
October 2, 2020
He has recommended this in the past and it was a mistake. He has since moved on to other companies. It is well run and there is growth opportunities with good balance sheet. However, there are better opportunities and he prefers a more pure play.
Show full opinionHide full opinionHe has recommended this in the past and it was a mistake. He has since moved on to other companies. It is well run and there is growth opportunities with good balance sheet. However, there are better opportunities and he prefers a more pure play.
packaging/containers
BUY
BUY
October 2, 2020
On the subject of spoofing, it is illegal and regulators have clamped down on it. With a sprawling organization like JPM, there are incentives for traders. Owning any bank in 2020 has been a disaster. He is hopeful the company has taken the medicine and the economy continues to recover. It is very cheap and attractive at this price. He continues to buy.
Show full opinionHide full opinionOn the subject of spoofing, it is illegal and regulators have clamped down on it. With a sprawling organization like JPM, there are incentives for traders. Owning any bank in 2020 has been a disaster. He is hopeful the company has taken the medicine and the economy continues to recover. It is very cheap and attractive at this price. He continues to buy.
Financial Services
DON'T BUY
DON'T BUY
October 2, 2020
The company is probably still profitable. It did cut the dividend earlier this year. The share price has really been beaten down. If things continue to improve, there may be some major upside, but he would prefer higher quality businesses.
Show full opinionHide full opinionThe company is probably still profitable. It did cut the dividend earlier this year. The share price has really been beaten down. If things continue to improve, there may be some major upside, but he would prefer higher quality businesses.
integrated oils
BUY
BUY
October 2, 2020
There's lots of interest in renewables. BEP.UN has been a good performer. He did start a small position in AQN. It will be a competitive and challenging sector, but fossil fuels need to be replaced. The sector will only get bigger and better.
electrical utilities
BUY
BUY
October 2, 2020
A company that has done well over 2020. It is not a cyclical business since all businesses listed on the TSX has to pay fees. TMX database access fees and software fees are still getting paid. They raised their dividends this year. The new CEO is looking for more international listings and to leverage more. A great company.
Show full opinionHide full opinionA company that has done well over 2020. It is not a cyclical business since all businesses listed on the TSX has to pay fees. TMX database access fees and software fees are still getting paid. They raised their dividends this year. The new CEO is looking for more international listings and to leverage more. A great company.
other services
HOLD
HOLD
October 2, 2020
He likes the company, and their recent investor day presentations were very clear. He is sticking it through with the management team.
Show full opinionHide full opinionHe likes the company, and their recent investor day presentations were very clear. He is sticking it through with the management team.
management/diversified
DON'T BUY
DON'T BUY
October 2, 2020
Some of the recent investments have been questionable and the stock has been underperforming for a while. It is probably at a deep discount compared to its book value. He has moved away from conglomerate insurance companies.
Show full opinionHide full opinionSome of the recent investments have been questionable and the stock has been underperforming for a while. It is probably at a deep discount compared to its book value. He has moved away from conglomerate insurance companies.
insurance
PAST TOP PICK
PAST TOP PICK
October 2, 2020
(A Top Pick Sep 05/19, Up 51%) They have great assets like Call of Duty and Candy Crush. They are the Disney of video games. They hope to have 1B user in the next year as they add more games on platforms and mobile.
(A Top Pick Sep 05/19, Up 51%) They have great assets like Call of Duty and Candy Crush. They are the Disney of video games. They hope to have 1B user in the next year as they add more games on platforms and mobile.
computer software/processing
PAST TOP PICK
PAST TOP PICK
October 2, 2020
(A Top Pick Sep 05/19, Up 10%) An online auto auction. If the car is a total loss, the company takes it and will sell the car at auction. He has sold it to buy Copart, a competitor.
(A Top Pick Sep 05/19, Up 10%) An online auto auction. If the car is a total loss, the company takes it and will sell the car at auction. He has sold it to buy Copart, a competitor.
PAST TOP PICK
PAST TOP PICK
October 2, 2020
(A Top Pick Sep 05/19, Up 38%) A company that has 7+ trillion dollar under management through their iShare platform. They also actively manage money. The company has long term tailwinds with investors looking for new products. A high quality company at a reasonable price. It continues to raise dividends.
Show full opinionHide full opinion(A Top Pick Sep 05/19, Up 38%) A company that has 7+ trillion dollar under management through their iShare platform. They also actively manage money. The company has long term tailwinds with investors looking for new products. A high quality company at a reasonable price. It continues to raise dividends.
Financial Services
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