Latest Expert Opinions

Signal
Opinion
Expert
TOP PICK
TOP PICK
July 26, 2010
Convertible 7% bond maturing Sept 30/14. Stock is appropriately priced so this is a safer way to get into the infrastructure play.. Fantastic balance sheet. No debt.
Convertible 7% bond maturing Sept 30/14. Stock is appropriately priced so this is a safer way to get into the infrastructure play.. Fantastic balance sheet. No debt.
Paul Gardner, CFA
Partner and Portfolio Manager, Avenue Investment Management
Price
$11.000
Owned
Yes
TOP PICK
TOP PICK
July 26, 2010
Trades at under 1X Book. Terrific assets in Merrill Lynch and Countryside and the synergies are happening. Credit provisions are going off the books, which means loans are now being repaired. Looking for $30 trading range in 2012/2013.
Trades at under 1X Book. Terrific assets in Merrill Lynch and Countryside and the synergies are happening. Credit provisions are going off the books, which means loans are now being repaired. Looking for $30 trading range in 2012/2013.
Paul Gardner, CFA
Partner and Portfolio Manager, Avenue Investment Management
Price
$14.150
Owned
Yes
TOP PICK
TOP PICK
July 26, 2010
Competition is fierce but they are still increasing revenue per unit because of the smart phones, television. Buckets of free cash flow.
Competition is fierce but they are still increasing revenue per unit because of the smart phones, television. Buckets of free cash flow.
Paul Gardner, CFA
Partner and Portfolio Manager, Avenue Investment Management
Price
$37.400
Owned
Yes
PAST TOP PICK
PAST TOP PICK
July 26, 2010
(A Top Pick Aug 12/09. Up 21.5%.) Still likes.
Cineplex Inc (CGX-T)
July 26, 2010
(A Top Pick Aug 12/09. Up 21.5%.) Still likes.
Paul Gardner, CFA
Partner and Portfolio Manager, Avenue Investment Management
Price
$19.700
Owned
Yes
PAST TOP PICK
PAST TOP PICK
July 26, 2010
(A Top Pick Aug 12/09. Up 24.49%.) Still likes.
(A Top Pick Aug 12/09. Up 24.49%.) Still likes.
Paul Gardner, CFA
Partner and Portfolio Manager, Avenue Investment Management
Price
$40.700
Owned
Yes
PAST TOP PICK
PAST TOP PICK
July 26, 2010
(A Top Pick Aug 12/09. Up 7.75%.) 7.75% bonds maturing October 2015. Still likes.
(A Top Pick Aug 12/09. Up 7.75%.) 7.75% bonds maturing October 2015. Still likes.
Paul Gardner, CFA
Partner and Portfolio Manager, Avenue Investment Management
Price
$7.130
Owned
Yes
WEAK BUY
WEAK BUY
July 26, 2010
Deploys capital very efficiently. Big risks going forward would be expansion in the US but have such a dynamic retail business he is not concerned. Expect a normalized rate of return of dividend plus 5%.
Deploys capital very efficiently. Big risks going forward would be expansion in the US but have such a dynamic retail business he is not concerned. Expect a normalized rate of return of dividend plus 5%.
Paul Gardner, CFA
Partner and Portfolio Manager, Avenue Investment Management
Price
$72.920
Owned
Yes