Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
September 19, 2013

Street was negative on this because they largely don’t have leverage to the mobile market. They missed this completely. Hands-down they are the best chip maker out there. Lost direction when they missed the mobile market. Thinks the stock will continue to work because they will gain market share over time. If they can take 1% of market share per year over the next several years, it is a positive trajectory for them. It is now starting to gain leverage to the mobile market and he likes that the chips are the best chips available. His bias is positive on the stock.

Intel (INTC-Q)
September 19, 2013

Street was negative on this because they largely don’t have leverage to the mobile market. They missed this completely. Hands-down they are the best chip maker out there. Lost direction when they missed the mobile market. Thinks the stock will continue to work because they will gain market share over time. If they can take 1% of market share per year over the next several years, it is a positive trajectory for them. It is now starting to gain leverage to the mobile market and he likes that the chips are the best chips available. His bias is positive on the stock.

Stuart Hinshelwood
US Equities Specialist, BMO Nesbitt Burns
Price
$23.915
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
September 19, 2013

(A Top Pick June 3/13. Up 9.53%.) Still likes. High-quality company. Own 86% of VMware which does virtualization software and infrastructure. At some point, he believes they will buy this company. Have been increasing their dividend and buying back shares. Well managed.

EMC Corp (EMC-N)
September 19, 2013

(A Top Pick June 3/13. Up 9.53%.) Still likes. High-quality company. Own 86% of VMware which does virtualization software and infrastructure. At some point, he believes they will buy this company. Have been increasing their dividend and buying back shares. Well managed.

Stuart Hinshelwood
US Equities Specialist, BMO Nesbitt Burns
Price
$26.940
Owned
Yes
PAST TOP PICK
PAST TOP PICK
September 19, 2013

(A Top Pick June 3/13. Down 7.46%.) Having more trouble in Canada than expected. There had been a significant run on the stock, which he had caught. Well-run business but they reported weaker than expected same-store sales. There is probably a better entry point.

Target Corp (TGT-N)
September 19, 2013

(A Top Pick June 3/13. Down 7.46%.) Having more trouble in Canada than expected. There had been a significant run on the stock, which he had caught. Well-run business but they reported weaker than expected same-store sales. There is probably a better entry point.

Stuart Hinshelwood
US Equities Specialist, BMO Nesbitt Burns
Price
$65.390
Owned
No
SELL
SELL
September 19, 2013

Executed very well in terms of spinning off businesses and retooling a lot of the stores. They are not necessarily leveraged to new home sales but more to existing home sales as people redecorate, etc. At this level he doesn’t think valuation multiples are going much higher from here. If they report a quarter or same-store sales and stumble, this stock is going to get hammered.

Home Depot (HD-N)
September 19, 2013

Executed very well in terms of spinning off businesses and retooling a lot of the stores. They are not necessarily leveraged to new home sales but more to existing home sales as people redecorate, etc. At this level he doesn’t think valuation multiples are going much higher from here. If they report a quarter or same-store sales and stumble, this stock is going to get hammered.

Stuart Hinshelwood
US Equities Specialist, BMO Nesbitt Burns
Price
$78.510
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
September 19, 2013

Recently sold his holdings because he had had a tremendous return. Tobacco stocks are very defensive and he didn’t want to be that defensive. As interest rates creep higher, the stock essentially rolls over. A better entry point would be around $80.

Recently sold his holdings because he had had a tremendous return. Tobacco stocks are very defensive and he didn’t want to be that defensive. As interest rates creep higher, the stock essentially rolls over. A better entry point would be around $80.

Stuart Hinshelwood
US Equities Specialist, BMO Nesbitt Burns
Price
$90.540
Owned
No
BUY
BUY
September 19, 2013

Thinks this one is worth $34-$35 over the longer-term. Healthcare legislation in the US doesn’t actually affect this company. About 60% of its revenues are derived from overseas. Healthcare legislation will basically add plans for them. Distribution of drugs domestically and overseas continues to grow for them. Very solid balance sheet and relatively low payout ratios. Good dividend support.

Pfizer Inc (PFE-N)
September 19, 2013

Thinks this one is worth $34-$35 over the longer-term. Healthcare legislation in the US doesn’t actually affect this company. About 60% of its revenues are derived from overseas. Healthcare legislation will basically add plans for them. Distribution of drugs domestically and overseas continues to grow for them. Very solid balance sheet and relatively low payout ratios. Good dividend support.

Stuart Hinshelwood
US Equities Specialist, BMO Nesbitt Burns
Price
$28.840
Owned
Yes
HOLD
HOLD
September 19, 2013

Utility stocks have basically sold off as interest rates have moved higher. Would continue to hold this as the FOMC have indicated that they want to try to keep interest rates down. This has given a bit of a lift to utilities. Wouldn’t be overweight on this sector.

Utility stocks have basically sold off as interest rates have moved higher. Would continue to hold this as the FOMC have indicated that they want to try to keep interest rates down. This has given a bit of a lift to utilities. Wouldn’t be overweight on this sector.

Stuart Hinshelwood
US Equities Specialist, BMO Nesbitt Burns
Price
$23.640
Owned
No