Latest Expert Opinions

Signal
Opinion
Expert
TOP PICK
TOP PICK
September 6, 2013

His 3 picks today are all technology related. He is seeing earnings and revenue growth over time and a global move towards more mobile telephony technology. This one makes a lot of backbone for that. Trading at a pretty reasonable multiple of around 13-14 times earnings and yielding 2.86%. Growing its dividend.

Cisco (CSCO-Q)
September 6, 2013

His 3 picks today are all technology related. He is seeing earnings and revenue growth over time and a global move towards more mobile telephony technology. This one makes a lot of backbone for that. Trading at a pretty reasonable multiple of around 13-14 times earnings and yielding 2.86%. Growing its dividend.

John O'Connell, CFA
Chairman and CEO, Davis Rea
Price
$23.550
Owned
Yes
TOP PICK
TOP PICK
September 6, 2013

His 3 picks today are all technology related. He is seeing earnings and revenue growth over time and a global move towards more mobile telephony technology. This company is trading at around 12X earnings with a 3.96 % yield. Spends $14 billion a year in research and development. Expecting they will come out with an innovative solution in new chips.

Intel (INTC-Q)
September 6, 2013

His 3 picks today are all technology related. He is seeing earnings and revenue growth over time and a global move towards more mobile telephony technology. This company is trading at around 12X earnings with a 3.96 % yield. Spends $14 billion a year in research and development. Expecting they will come out with an innovative solution in new chips.

John O'Connell, CFA
Chairman and CEO, Davis Rea
Price
$22.670
Owned
Yes
TOP PICK
TOP PICK
September 6, 2013

His 3 picks today are all technology related. He is seeing earnings and revenue growth over time and a global move towards more mobile telephone technology. This company is the largest search engine provider and one of the largest global advertisers. One of the most innovative companies in the world. Have $60 billion of cash on their balance sheet. Own the largest operating system, Android, for all mobile technology. They own You Tube and may start televising NFL football for a subscription service.

His 3 picks today are all technology related. He is seeing earnings and revenue growth over time and a global move towards more mobile telephone technology. This company is the largest search engine provider and one of the largest global advertisers. One of the most innovative companies in the world. Have $60 billion of cash on their balance sheet. Own the largest operating system, Android, for all mobile technology. They own You Tube and may start televising NFL football for a subscription service.

John O'Connell, CFA
Chairman and CEO, Davis Rea
Price
$879.580
Owned
Yes
BUY
BUY
September 6, 2013

Likes this. Has recently gone through a corporate organization and has moved from being a limited partnership to a corporation. Had becoming difficult to finance growth projects because it was becoming so large. As a corporation, foreign investors, particularly in the US, will be allowed to own it. This will be a great catalyst. Has done a great job and has grown very, very rapidly for many, many years. Good dividend, which has been growing. 4.7% distribution is quite safe.

Inter Pipeline (IPL-T)
September 6, 2013

Likes this. Has recently gone through a corporate organization and has moved from being a limited partnership to a corporation. Had becoming difficult to finance growth projects because it was becoming so large. As a corporation, foreign investors, particularly in the US, will be allowed to own it. This will be a great catalyst. Has done a great job and has grown very, very rapidly for many, many years. Good dividend, which has been growing. 4.7% distribution is quite safe.

John O'Connell, CFA
Chairman and CEO, Davis Rea
Price
$23.970
Owned
Yes
COMMENT
COMMENT
September 6, 2013

REITs in general have been sold off quite a bit recently. This company has gone through a re-organization where the management team had their management contract bought out by the Corporation. Felt that the price paid was exceptionally high for the length of time that it existed. Stock is in the penalty box. Good yield and they have good properties and good assets. $24 in the next year would be reasonable but you have 2 headwinds. 1.) If the economy continues to improve, rates are going to continue to creep higher. 2.) Management is going to have to do a really good job of convincing people and regaining their confidence and trust.

REITs in general have been sold off quite a bit recently. This company has gone through a re-organization where the management team had their management contract bought out by the Corporation. Felt that the price paid was exceptionally high for the length of time that it existed. Stock is in the penalty box. Good yield and they have good properties and good assets. $24 in the next year would be reasonable but you have 2 headwinds. 1.) If the economy continues to improve, rates are going to continue to creep higher. 2.) Management is going to have to do a really good job of convincing people and regaining their confidence and trust.

John O'Connell, CFA
Chairman and CEO, Davis Rea
Price
$20.590
Owned
Unknown
DON'T BUY
DON'T BUY
September 6, 2013

All the Junior oil and gas companies have been struggling. This stock is getting a bit of a boost right now because crude oil prices are up and differentials have tightened. On smaller cap companies, you really have to pick your places and he is not certain that this one is a name you need to own. Growth profile is not all that exceptional. Would prefer something like Raging River (RRX-T) or Tourmaline Oil (TOU-T).

Bankers Petroleum (BNK-T)
September 6, 2013

All the Junior oil and gas companies have been struggling. This stock is getting a bit of a boost right now because crude oil prices are up and differentials have tightened. On smaller cap companies, you really have to pick your places and he is not certain that this one is a name you need to own. Growth profile is not all that exceptional. Would prefer something like Raging River (RRX-T) or Tourmaline Oil (TOU-T).

John O'Connell, CFA
Chairman and CEO, Davis Rea
Price
$3.790
Owned
Unknown
BUY
BUY
September 6, 2013

Has a management team that is always delivering and is very profitable.

Has a management team that is always delivering and is very profitable.

John O'Connell, CFA
Chairman and CEO, Davis Rea
Price
$5.480
Owned
Yes