Latest Expert Opinions

Signal
Opinion
Expert
TOP PICK
TOP PICK
April 17, 2012
Great global investment banking franchise. Good global economic growth will allow them to do well. Great story you are getting cheap. Capital ratio is fantastic. 1.5% dividend.
Goldman Sachs (GS-N)
April 17, 2012
Great global investment banking franchise. Good global economic growth will allow them to do well. Great story you are getting cheap. Capital ratio is fantastic. 1.5% dividend.
Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$116.860
Owned
Yes
TOP PICK
TOP PICK
April 17, 2012
Great Canadian brand. No debt. 3.3% yield. Own a lot of the real estate their stores are on and this is almost the value of their market cap. Makes sense to buy it here. Their family has done a great job of running it and may pay a special dividend soon. Thinly traded.
Great Canadian brand. No debt. 3.3% yield. Own a lot of the real estate their stores are on and this is almost the value of their market cap. Makes sense to buy it here. Their family has done a great job of running it and may pay a special dividend soon. Thinly traded.
Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$12.050
Owned
Yes
PAST TOP PICK
PAST TOP PICK
April 17, 2012
(Top Pick Mar 24/11, Down 34.07%) A difficult story but maybe you should be buying it here. Only a third of revenue is from Spain. Latin America is growing for them quite rapidly. Management did a good job of cutting cost and growing franchise. They can easily pay their 11% dividend.
Telefonica S.A. (TEF-N)
April 17, 2012
(Top Pick Mar 24/11, Down 34.07%) A difficult story but maybe you should be buying it here. Only a third of revenue is from Spain. Latin America is growing for them quite rapidly. Management did a good job of cutting cost and growing franchise. They can easily pay their 11% dividend.
Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$15.150
Owned
Yes
PAST TOP PICK
PAST TOP PICK
April 17, 2012
(Top Pick Mar 24/11, Down 33.56%)
Bank of America (BAC-N)
April 17, 2012
(Top Pick Mar 24/11, Down 33.56%)
Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$8.920
Owned
Yes
PAST TOP PICK
PAST TOP PICK
April 17, 2012
(Top Pick Mar 24/11, Up 17.05%) He sold it and broke even
Cisco (CSCO-Q)
April 17, 2012
(Top Pick Mar 24/11, Up 17.05%) He sold it and broke even
Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$20.080
Owned
No
COMMENT
COMMENT
April 17, 2012
Octavian Advisors, out of the US, own a good chunk of this company now and they continue to buy. At last year's AGM meeting they were a little more aggressive than he would've liked. They want a director on the board and the company is saying no. Expect there will be a lot of fireworks at this year's AGM. If they were to offer $15-$18 a share for the whole company, he would be willing to listen to this.
EnerCare Inc (ECI-T)
April 17, 2012
Octavian Advisors, out of the US, own a good chunk of this company now and they continue to buy. At last year's AGM meeting they were a little more aggressive than he would've liked. They want a director on the board and the company is saying no. Expect there will be a lot of fireworks at this year's AGM. If they were to offer $15-$18 a share for the whole company, he would be willing to listen to this.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$9.800
Owned
Yes
DON'T BUY
DON'T BUY
April 17, 2012
Had a run in 2010 to about $1.70 but since then has not done very well. Trading volume for the last 3 months has been less than 1000 shares a day so there really is no interest in the company.
Had a run in 2010 to about $1.70 but since then has not done very well. Trading volume for the last 3 months has been less than 1000 shares a day so there really is no interest in the company.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$1.060
Owned
No