Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
April 23, 2012
Long-term outlook on this stock is very positive. Short time there is some downside to the levels we saw last fall if the market falls 20%, which he expects. Will respond to the key commodities of copper and coal. Would buy into weakness.
Long-term outlook on this stock is very positive. Short time there is some downside to the levels we saw last fall if the market falls 20%, which he expects. Will respond to the key commodities of copper and coal. Would buy into weakness.
Nick Majendie
Director & Senior Portfolio Manager, Scotia Wealth Management
Price
$35.330
Owned
Yes
HOLD
HOLD
April 23, 2012
Switching non-voting shares to voting and a hedge fund is getting involved. Comments? Hard to know what the result of that will be. Hedge fund owns a good slug of the voting shares. They want the premium and are complaining that they are not getting it. You should look beyond this as it will not be a big difference. Dividends have been growing 5% every 6 months. Feels the earnings growth over the next 3 years will be in the order of 9%-11% per year.
Telus Corp (T-T)
April 23, 2012
Switching non-voting shares to voting and a hedge fund is getting involved. Comments? Hard to know what the result of that will be. Hedge fund owns a good slug of the voting shares. They want the premium and are complaining that they are not getting it. You should look beyond this as it will not be a big difference. Dividends have been growing 5% every 6 months. Feels the earnings growth over the next 3 years will be in the order of 9%-11% per year.
Nick Majendie
Director & Senior Portfolio Manager, Scotia Wealth Management
Price
$58.770
Owned
Yes
BUY WEAKNESS
BUY WEAKNESS
April 23, 2012
Pretty optimistic on long-term pricing of potash because cyclical stocks were underweight because of concerns on global commodity prices. Wouldn't buy currently but would hold for the longer-term. Would like to see it under $40. 1.3% dividend.
Pretty optimistic on long-term pricing of potash because cyclical stocks were underweight because of concerns on global commodity prices. Wouldn't buy currently but would hold for the longer-term. Would like to see it under $40. 1.3% dividend.
Nick Majendie
Director & Senior Portfolio Manager, Scotia Wealth Management
Price
$42.430
Owned
Unknown
HOLD
HOLD
April 23, 2012
Buy at around $53-$54 and selling at $57. Good strategy? The Buy price is reasonable but he is not strong on the strategy. A little nervous of banks generally because if you get European problems developing over the summer, it will affect Canadian banks.
Royal Bank (RY-T)
April 23, 2012
Buy at around $53-$54 and selling at $57. Good strategy? The Buy price is reasonable but he is not strong on the strategy. A little nervous of banks generally because if you get European problems developing over the summer, it will affect Canadian banks.
Nick Majendie
Director & Senior Portfolio Manager, Scotia Wealth Management
Price
$56.500
Owned
Yes
PARTIAL BUY
PARTIAL BUY
April 23, 2012
The low price is obviously reflecting weaker gas pricing. Have a large exposure to the Montney play. Very well run company. Conservative balance sheet. Good level to start accumulating. 6.3% dividend yield should be safe.
The low price is obviously reflecting weaker gas pricing. Have a large exposure to the Montney play. Very well run company. Conservative balance sheet. Good level to start accumulating. 6.3% dividend yield should be safe.
Nick Majendie
Director & Senior Portfolio Manager, Scotia Wealth Management
Price
$18.870
Owned
Unknown
BUY
BUY
April 23, 2012
Likes this company for the longer term. Has a terrific balance sheet. 4th largest auto parts company globally. Orienting Has production to potential growth to Asia. Had problems in Europe but are making good improvements in those operations.
Magna Int'l. (A) (MG-T)
April 23, 2012
Likes this company for the longer term. Has a terrific balance sheet. 4th largest auto parts company globally. Orienting Has production to potential growth to Asia. Had problems in Europe but are making good improvements in those operations.
Nick Majendie
Director & Senior Portfolio Manager, Scotia Wealth Management
Price
$44.530
Owned
No
HOLD
HOLD
April 23, 2012
(Market Call Minute.) Tremendous long-term growth potential but short-term production difficulties.
(Market Call Minute.) Tremendous long-term growth potential but short-term production difficulties.
Nick Majendie
Director & Senior Portfolio Manager, Scotia Wealth Management
Price
$31.020
Owned
Unknown