Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
April 6, 2009
Extremely well run mid-cap company. Did a great job of hedging in the high oil price giving it a high valuation next in their group. Will be changing to a corp at some time and thinks this is baked into the price by the market. When it comes out of the trust he wonders what valuation will be given. There is enough uncertainty that he wouldn't take the chance.
Extremely well run mid-cap company. Did a great job of hedging in the high oil price giving it a high valuation next in their group. Will be changing to a corp at some time and thinks this is baked into the price by the market. When it comes out of the trust he wonders what valuation will be given. There is enough uncertainty that he wouldn't take the chance.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$27.330
Owned
No
DON'T BUY
DON'T BUY
April 6, 2009
They want to bottle up molybdenum so they could be making acquisitions. Because of the global turndown moly is in an inventory build. You have to reduce the supply and when supply and demand meet, prices stabilize. Base metal prices will be taking a long time to recover.
They want to bottle up molybdenum so they could be making acquisitions. Because of the global turndown moly is in an inventory build. You have to reduce the supply and when supply and demand meet, prices stabilize. Base metal prices will be taking a long time to recover.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$5.430
Owned
Unknown
DON'T BUY
DON'T BUY
April 6, 2009
This company got stuck with cost escalations without having any real base so the stock collapsed last year. Thinks they will find it hard to get out of the box they are in. Would rather buy an in-production oil sands business.
This company got stuck with cost escalations without having any real base so the stock collapsed last year. Thinks they will find it hard to get out of the box they are in. Would rather buy an in-production oil sands business.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$1.840
Owned
Unknown
TOP PICK
TOP PICK
April 6, 2009
Convertible 7.75% 2015 bonds giving a 16% return. He has his energy, gold and core businesses that he likes in place. If this is going to be a long bottom he needs income but if the world comes out of the situation tomorrow, he's got stocks that will go flying.
Convertible 7.75% 2015 bonds giving a 16% return. He has his energy, gold and core businesses that he likes in place. If this is going to be a long bottom he needs income but if the world comes out of the situation tomorrow, he's got stocks that will go flying.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$3.330
Owned
Yes
TOP PICK
TOP PICK
April 6, 2009
He is trying to make sure that he owns those utilities, tollbooth type businesses. If it goes down to $25, he will buy more of this. Yielding over 5%.
TC Energy (TRP-T)
April 6, 2009
He is trying to make sure that he owns those utilities, tollbooth type businesses. If it goes down to $25, he will buy more of this. Yielding over 5%.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$30.180
Owned
Yes
TOP PICK
TOP PICK
April 6, 2009
This is where all the coal has to go through to get to the rest of the world. $75 million in cash and debt free. If metallurgical coal got down to $80 or $90 this is a great asset but the coal price came down at $130, which is great for this. Yielding 11%.
This is where all the coal has to go through to get to the rest of the world. $75 million in cash and debt free. If metallurgical coal got down to $80 or $90 this is a great asset but the coal price came down at $130, which is great for this. Yielding 11%.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$9.000
Owned
Yes
TOP PICK
TOP PICK
April 6, 2009
A $10 billion market cap with a 6% dividend. The kind of company he likes. P/E of 10.93. Debt/EBITDA is 0. (Amanda thinks it's a declining business.)
Lorillard Inc. (LO-N)
April 6, 2009
A $10 billion market cap with a 6% dividend. The kind of company he likes. P/E of 10.93. Debt/EBITDA is 0. (Amanda thinks it's a declining business.)
Kevin O'Leary
Chairman, O'Leary Funds
Price
$60.590
Owned
Yes