Douglas Kee
Senior Vice-President and Portfolio Manager at Cardinal Capital Management
Member since: Oct '09 · 1012 Opinions
Rating Card
| All | 
Rating
| 
Big Win
| 
Win
| 
Neutral
| 
Loss
| 
Big Loss
|  |
|---|---|---|---|---|---|---|---|
| 3.6 | 38 21.11% | 60 33.33% | 30 16.67% | 39 21.67% | 13 7.22% | ||
| 1 Month | 3.17 | 0 0.00% | 11 30.56% | 14 38.89% | 8 22.22% | 3 8.33% | |
| 6 Months | 3.47 | 4 11.11% | 15 41.67% | 5 13.89% | 10 27.78% | 2 5.56% | |
| 12 Months | 3.75 | 7 19.44% | 12 33.33% | 9 25.00% | 6 16.67% | 2 5.56% | |
| 2 Years | 3.78 | 11 30.56% | 14 38.89% | 1 2.78% | 6 16.67% | 4 11.11% | |
| 5 Years | 3.81 | 16 44.44% | 8 22.22% | 1 2.78% | 9 25.00% | 2 5.56% |
Stock Opinions by Douglas Kee
COMMENT
Impact of coronavirus? Pickup in the economy in the second half of the year will probably be delayed.
COMMENT
How long can the Fed fix every single problem? Market is complacent, and the Fed is accommodative. Not a lot of liquidity out there, and the easy place to be is the market.
COMMENT
Both stocks and gold are hitting all-time highs. Which is right? There are still value stocks out there trading at 10-18x earnings, with good businesses, good earnings growth, and increasing dividends.
COMMENT
Are people looking for yield in dividend plays? Yes, but there are lots of good companies with lower yields, but increasing them at more than 10%. Tries to mix his portfolio of stocks yielding 3-4-5%, with companies that are growing their dividends faster.
COMMENT
What are you expecting from the banks? It'll be slow, with an increase in credit loss provisions. Reasonable quarter, with stock prices down. He has a fairly significant position in both Canadian and US banks.
DON'T BUY
Challenged, as it's a smaller bank and has to compete with the larger ones. Transition period right now. In the short-term, deposits are flat and loan books are down. Instead, look at the other six. Payout ratio is as high as it can go. Yield is 6%.
banks
HOLD
Significant equity offering. Will have lots of 5G spending in next 3-4 years. Dividend is safe. Will continue to increase dividend, though dividend growth is slowing as with all telecoms. Yield is 4.5%.
telephone utilities
BUY
The long-term care homes are all similar. Slow growers, good dividend yielders. Payouts are reasonable. Steady stream of income. Hasn't increased dividend for 3 years. Resistant to recessions. Labour and other costs are going up. Yield around 5%.
other services
BUY
Dilution is coming. Longer term, the e-Trade acquisition is good for both companies. Industry is consolidating, and you have to have scale. A good move. e-Trade has expertise and is a steady business.
investment companies
funds
HOLD
Good company. Reaping benefits of a great turnaround. Will continue to do well as long as they can keep costs down. Stick with it. (Analysts’ price target is $230.00)
food services
COMMENT
It has two pretty good competitors, but there's room for all 3 companies.
Transportation
PAST TOP PICK
(A Top Pick Mar 13/19, Up 24%) Great company, core holding. Continues to do well. Yield of 3% plus, growing at 5-6% a year. Hold forever. Valuations are high, so probably won't be acquiring anything soon.
electrical utilities
PAST TOP PICK
(A Top Pick Mar 13/19, Up 8%) Thought it would be out of the doghouse by now. Problems in Chile and Canadian consumer have caused it to struggle. Still happy to own it.
banks
PAST TOP PICK
(A Top Pick Mar 13/19, Up 5%) OK company, cheap. 11x earnings. Competition from Amazon. But people still go there. Sportcheck is doing well. Stick with it. It will continue to do well despite e-commerce.
specialty stores
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