Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
October 14, 2010
Yield of 7%-7.5%. Had a series of distribution increases over the last 2-3 years. Have some new pipelines coming on stream out of the oil sands over the next 2-3 years.
Inter Pipeline (IPL-T)
October 14, 2010
Yield of 7%-7.5%. Had a series of distribution increases over the last 2-3 years. Have some new pipelines coming on stream out of the oil sands over the next 2-3 years.
Don Lato
President, Padlock Investment Management
Price
$13.160
Owned
Yes
HOLD
HOLD
October 14, 2010
Got into trouble in 2008 on GE Capital side. This masked continued good performance of their other businesses. Operating businesses are quite strong and play right into global economic expansion.
General Electric (GE-N)
October 14, 2010
Got into trouble in 2008 on GE Capital side. This masked continued good performance of their other businesses. Operating businesses are quite strong and play right into global economic expansion.
Don Lato
President, Padlock Investment Management
Price
$17.160
Owned
Yes
BUY
BUY
October 14, 2010
Likes Canadian banks. Have seen earnings growth come back into them in the last few quarters. Last quarter was shaky because volumes were sluggish. This one has been in the penalty box so you could combine it with the best one, Toronto Dominion (TD-T).
Royal Bank (RY-T)
October 14, 2010
Likes Canadian banks. Have seen earnings growth come back into them in the last few quarters. Last quarter was shaky because volumes were sluggish. This one has been in the penalty box so you could combine it with the best one, Toronto Dominion (TD-T).
Don Lato
President, Padlock Investment Management
Price
$55.160
Owned
Yes
DON'T BUY
DON'T BUY
October 14, 2010
Great China play but at 17X next year's earnings it is too expensive for him. Lots of other great companies with lower multiples that have the same growth potential. Would prefer 15X earnings as an entry point.
Yum! Brands (YUM-N)
October 14, 2010
Great China play but at 17X next year's earnings it is too expensive for him. Lots of other great companies with lower multiples that have the same growth potential. Would prefer 15X earnings as an entry point.
Don Lato
President, Padlock Investment Management
Price
$48.420
Owned
No
STRONG BUY
STRONG BUY
October 14, 2010
Regulatory issues have knocked the stock down but expect to easily see the old highs in the next 6 months. Great company with lots of growth. Company is targeting 15%-20% earnings growth. Trades at 14-15 times next year's earnings growth.
Mastercard Inc. (MA-N)
October 14, 2010
Regulatory issues have knocked the stock down but expect to easily see the old highs in the next 6 months. Great company with lots of growth. Company is targeting 15%-20% earnings growth. Trades at 14-15 times next year's earnings growth.
Don Lato
President, Padlock Investment Management
Price
$232.660
Owned
Yes
DON'T BUY
DON'T BUY
October 14, 2010
Warrants. Has never been a fan of this company or any airline stocks. Speculative at best. Doesn't like the overall business model.
Air Canada (AC-T)
October 14, 2010
Warrants. Has never been a fan of this company or any airline stocks. Speculative at best. Doesn't like the overall business model.
Don Lato
President, Padlock Investment Management
Price
$3.330
Owned
No
DON'T BUY
DON'T BUY
October 14, 2010
BHP Billiton (BHP-N) has made an offer. There are rumblings about China companies coming in. There is still a month to go. Would prefer Agrium (AGU-T).
BHP Billiton (BHP-N) has made an offer. There are rumblings about China companies coming in. There is still a month to go. Would prefer Agrium (AGU-T).
Don Lato
President, Padlock Investment Management
Price
$148.220
Owned
No