Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
December 6, 2010
Copper. Gone from $1 to roughly $4 a pound. If you think copper is going significantly higher, you want a company with highest costs and worst balance sheets where earnings will be most sensitive to higher prices. But if you believe copper will stay where it is (or fall), you want lowest costs and cleanest balance sheets such as this, which is dirt-cheap.
Copper. Gone from $1 to roughly $4 a pound. If you think copper is going significantly higher, you want a company with highest costs and worst balance sheets where earnings will be most sensitive to higher prices. But if you believe copper will stay where it is (or fall), you want lowest costs and cleanest balance sheets such as this, which is dirt-cheap.
David Taylor, MBA, CFA
Vice President & Portfolio Manager, Goodman & Company, Investment Counsel
Price
$109.900
Owned
Yes
COMMENT
COMMENT
December 6, 2010
Well run company and have done everything they possibly can in a difficult environment. Very, very cheap but won’t go up until the economy improves. If you are willing to wait 2-3 years he thinks it will double.
Rona Inc (RON-T)
December 6, 2010
Well run company and have done everything they possibly can in a difficult environment. Very, very cheap but won’t go up until the economy improves. If you are willing to wait 2-3 years he thinks it will double.
David Taylor, MBA, CFA
Vice President & Portfolio Manager, Goodman & Company, Investment Counsel
Price
$13.320
Owned
Yes
DON'T BUY
DON'T BUY
December 6, 2010
Going through some restructuring and trying to focus on conventional oil and shale gas. Likes the story and stock is cheap, but not dirt-cheap. He can find better oil/gas in smaller names.
Talisman Energy (TLM-T)
December 6, 2010
Going through some restructuring and trying to focus on conventional oil and shale gas. Likes the story and stock is cheap, but not dirt-cheap. He can find better oil/gas in smaller names.
David Taylor, MBA, CFA
Vice President & Portfolio Manager, Goodman & Company, Investment Counsel
Price
$20.310
Owned
No
COMMENT
COMMENT
December 6, 2010
Leveraged play on stock market and interest rates. If you believe rates are going higher in the long run, stock should do well. Long-term prospects are weak. ROE days of 20% are over. It’s now a 10% ROE stock and he wouldn’t pay any more than BV, which is roughly where it is now. (He sold his holdings.)
Manulife Financial (MFC-T)
December 6, 2010
Leveraged play on stock market and interest rates. If you believe rates are going higher in the long run, stock should do well. Long-term prospects are weak. ROE days of 20% are over. It’s now a 10% ROE stock and he wouldn’t pay any more than BV, which is roughly where it is now. (He sold his holdings.)
David Taylor, MBA, CFA
Vice President & Portfolio Manager, Goodman & Company, Investment Counsel
Price
$15.280
Owned
No
DON'T BUY
DON'T BUY
December 6, 2010
Uranium is very much in favour right now and stock has done well but doesn’t understand valuations. Using today’s uranium price, stocks are trading at net asset value. Compared to a copper stock with $2 copper, they trade at half net asset value. Valuations are overdone.
Cameco Corporation (CCO-T)
December 6, 2010
Uranium is very much in favour right now and stock has done well but doesn’t understand valuations. Using today’s uranium price, stocks are trading at net asset value. Compared to a copper stock with $2 copper, they trade at half net asset value. Valuations are overdone.
David Taylor, MBA, CFA
Vice President & Portfolio Manager, Goodman & Company, Investment Counsel
Price
$38.280
Owned
No
WEAK BUY
WEAK BUY
December 6, 2010
Doesn’t think you will make much money on banks. They are fairly priced. Can’t get excited about any of them. You should own some as dividends are attractive but he can do better elsewhere.
Royal Bank (RY-T)
December 6, 2010
Doesn’t think you will make much money on banks. They are fairly priced. Can’t get excited about any of them. You should own some as dividends are attractive but he can do better elsewhere.
David Taylor, MBA, CFA
Vice President & Portfolio Manager, Goodman & Company, Investment Counsel
Price
$52.620
Owned
Yes
HOLD
HOLD
December 6, 2010
Great company but has been bouncing all over the place for the last 6 months. Good dividend. Risk/reward is good. Good long-term investment.
Great company but has been bouncing all over the place for the last 6 months. Good dividend. Risk/reward is good. Good long-term investment.
Jason Donville
President & CEO, Donville Kent Asset Management
Price
$26.420
Owned
Yes