Jamie Murray
Head of research at Murray Wealth Group
Member since: May '18 · 739 Opinions
Rating Card
Premium content| All | 
Rating
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Big Win
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Win
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Neutral
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Loss
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Big Loss
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|---|---|---|---|---|---|---|---|
| 3.67 | 116 33.92% | 76 22.22% | 44 12.87% | 64 18.71% | 42 12.28% | ||
| 1 Month | 2.44 | 6 7.06% | 21 24.71% | 28 32.94% | 28 32.94% | 2 2.35% | |
| 6 Months | 4.13 | 25 30.49% | 26 31.71% | 8 9.76% | 15 18.29% | 8 9.76% | |
| 12 Months | 4.21 | 40 51.95% | 13 16.88% | 4 5.19% | 9 11.69% | 11 14.29% | |
| 2 Years | 4.08 | 30 44.12% | 14 20.59% | 4 5.88% | 7 10.29% | 13 19.12% | |
| 5 Years | 3.49 | 15 50.00% | 2 6.67% | 0 0.00% | 5 16.67% | 8 26.67% |
Stock Opinions by Jamie Murray
AI should continue to dominate for the next few years. There is a need for a huge amount of power to run these big models. He is seeing efficiency across many different types of industries pick up with AI and this should continue to improve. While some industries have tariffs, inflation and interest rates take a bite out of earnings and profits, the AI economy is moving full force ahead and doing really well. Large companies have the resources to hire in-house developers but it will take a while for small and medium companies to build these tools into their business.
It rolls up individual dental practices and is the largest provider in Canada. He is starting to accumulate shares in their Canadian funds. It is a safe, conservative and low growth industry. He is hoping to see cash flow grow 10 to 15% annually. It declared a recent dividend of 1 to 1 1/2% and is getting leverage down. Dental practices that sell to Dentalcorp receive shares and become employees of the company. It is a good model of efficiency.
It has had issues and it has been a tough year facing several challenges. Owns it in the global equity fund. He is waiting for the conference call tomorrow which should talk about how the issues are being dealt with. They have pulled their guidance on EPS and the new CEO could be putting out a new guidance level. Wait for the base line to grow but there is long term upside.
The lumber industry in Canada has been in the line of sight for tariffs for the past decade. Housing prices have depressed the price of lumber for the past 2 to 3 years. One he likes in this sector is Doman Building Materials which is more of a processor of lumber. It has a good yield and offers stability.
It is caught up in the interest rate environment. Pays a 7 1/2% dividend and is in the defensive healthcare space. Has long term leases with rent escalators built in. Debt is down and cash flow up. The payment ratio is very sustainable. This will be the first earnings call for the new CEO.
The results were a bit weak on the growth margin side and the backlog decreased a bit. There is huge demand for new data centres and this is good for Hammond Power. He started accumulating it this year. There is a new plant opening up which will be very efficient for electrification demands.
