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Curated by Michael O'Reilly since 2020
1550+ opinions with 4.81 rating (one of the best performing expert)

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Stock Opinions by Michael Sprung

COMMENT

Recent market highs pointing towards general strength in the economy. However, geo-political tension and upcoming elections in USA and Canada could impact markets. Underlying fundamentals of business remain the most important attribute when evaluating equities. Investors should be aware of chance that markets will fall. It could be a good time for investors to take some profits with recent highs in the market. Would advise investors to keep cash on the sidelines in case of a market correction. Chinese economy will also be important factor in evaluating global markets strength vs. weakness. 

Unknown
TOP PICK
Linamar Corp

Believes is a good time to buy auto part manufactures due to all time low sentiment. Current share price is a bargain price given fundamentals. Not just auto part maker with agriculture exposure, and other parts of the economy. Leadership very strong, and is grown organically. Would recommend investing, and holding for the long term. 

transportation equip & components
TOP PICK
Whitecap Resources

Believes energy is due for strength. Very good management team with high quality assets. Current share price presenting value for investors. Good at execution between drilling and M&A. Would recommend as a good long term investment. Dividend is also very safe for income oriented investors. CEO also has a lot of insider ownership. 

Oil and Gas (Integrated Oils)
TOP PICK

Very well prices for bargain hunting investors. Wide range of industry exposure. Ability to deploy capital very strong, with excellent returns. Overall a strong business. Reliable dividends that are expected to continue. 

Trust, Savings and Loan
PAST TOP PICK
Bank of Nova Scotia
(A Top Pick Oct 11/23, Up 27%)

Continues to like this stock. Will continue to own shares. Very generous dividend. Not worried about credit conditions. Excellent brand with loyal customers in Canada. Earnings basis continue to grow. Multiples still presenting value for new investors. Would recommend to new investors. 

banks
PAST TOP PICK
Newmont Goldcorp
(A Top Pick Oct 11/23, Up 40%)

Still owns shares, and believes business will continue to perform. Excellent management team with good capital allocation skills. Doesn't have geographic risk that other producers have. Very good at finding gold and new assets. 

0
PAST TOP PICK
Atco Ltd
(A Top Pick Oct 11/23, Up 41%)

Excellent company with strong assets, and demand for product. Will continue to own shares. Expecting further strength in the share price. Very good management team. Recent modular constriction purchase will be good for profits. 

mngmnt / diversified
WATCH
Veren

Over the past year, lots of insider buying. Cheap valuation, however other energy producers to invest in. Would watch company. Could be better options within energy. 

0
BUY
Trisura Group

1-2 year performance has been very good. Specialized insurance can be very profitable. Capital appreciation very good - not paying dividends. However, volatility can be hard for some investors. Would recommend for long term investors (can be volatile). 

0
BUY

Excellent proxy on the state of economy. Company will benefit from strength in North America. Very good assets with legacy attributes. Hard to replicate as not possible to build new railroads. Would recommend holding for the long term. Current share price is reasonable - good for long term investors. 

Transportation
WATCH
TC Energy

Recent spinoff of South Bow interesting to watch. Uncertain on whether dividend will be sustainable without South bow assets. Would wait to watch. Nov 7th earnings will be indicative of future dividends (only so much cash flow to go around). 

oil / gas pipelines
BUY

Owns shares in the business. Very strong franchise in Canada. Recent 52 week high of share price indicative of business success. Very strong assets with reliable dividend. Would suggest a good long term investment. 

insurance
HOLD

Good for 3-5 investment horizon. Earnings have been downgraded a bit, but overall the business is high quality. Very large asset base with good management team. Better than other options in the mining industry. 

Mining
BUY
Manulife Financial

Performance of stock has been excellent. Strong assets - very happy with price appreciation. God asset base with reliable management. Owns shares and will continue to hold.  

insurance
BUY ON WEAKNESS
TD Bank

Despite recent lawsuits, could be a good time to buy. Strong assets with good bran in Canada. Weakness in share price could be a good time to buy. Would watch closely and/or buy now. Good for long term investors. New management team will also be good for the business. 

Financial Services
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