Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
September 23, 2013

Power companies are some of the best managed companies in Canada. This one has European assets that he doesn’t think are really valued in the pricing. Expect there will be a dividend increase sometime in the future. His focus has been on Power Financial (PWF-T). (See Top Picks.)

Power Corp (POW-T)
September 23, 2013

Power companies are some of the best managed companies in Canada. This one has European assets that he doesn’t think are really valued in the pricing. Expect there will be a dividend increase sometime in the future. His focus has been on Power Financial (PWF-T). (See Top Picks.)

David Cockfield
Managing Director, Northland Wealth Management
Price
$28.870
Owned
Yes
BUY
BUY
September 23, 2013

Has found its niche and is doing very well. As a conservative investor he has felt that it has been expensive for some time but the market thinks otherwise. Well managed. Probably still has a ways to go.

Dollarama Inc. (DOL-T)
September 23, 2013

Has found its niche and is doing very well. As a conservative investor he has felt that it has been expensive for some time but the market thinks otherwise. Well managed. Probably still has a ways to go.

David Cockfield
Managing Director, Northland Wealth Management
Price
$85.010
Owned
No
BUY
BUY
September 23, 2013

Great dividend but not a lot of capital appreciation. It seems to get down in the $25 range and then goes back up to $28. He owns it for the dividend, which he feels is relatively safe.

Bell Aliant (BA-T)
September 23, 2013

Great dividend but not a lot of capital appreciation. It seems to get down in the $25 range and then goes back up to $28. He owns it for the dividend, which he feels is relatively safe.

David Cockfield
Managing Director, Northland Wealth Management
Price
$25.610
Owned
Yes
PAST TOP PICK
PAST TOP PICK
September 23, 2013

(A Top Pick August 24/12. Up 6.41%.) Good management and some of their marketing approaches are good as well. He can see the telecom area continuing to be a growth area.

BCE Inc. (BCE-T)
September 23, 2013

(A Top Pick August 24/12. Up 6.41%.) Good management and some of their marketing approaches are good as well. He can see the telecom area continuing to be a growth area.

David Cockfield
Managing Director, Northland Wealth Management
Price
$44.510
Owned
Yes
PAST TOP PICK
PAST TOP PICK
September 23, 2013

(A Top Pick August 24/12. Down 3.79%.) Still likes. They have been quite good in terms of using rail shipment for their semi-heavy oil. Pays a reasonable dividend. Great drilling opportunities where they operate. Have a whole bunch of sections where they haven’t drilled but it is the same as the section next door.

Baytex Energy Corp (BTE-T)
September 23, 2013

(A Top Pick August 24/12. Down 3.79%.) Still likes. They have been quite good in terms of using rail shipment for their semi-heavy oil. Pays a reasonable dividend. Great drilling opportunities where they operate. Have a whole bunch of sections where they haven’t drilled but it is the same as the section next door.

David Cockfield
Managing Director, Northland Wealth Management
Price
$41.930
Owned
Yes
BUY
BUY
September 23, 2013

What bank would you buy and would you do it now or later? Canadian banks in general are pretty reasonable value right now. His favourite would be Toronto Dominion (TD-T). Has been pretty successful in expanding into the US market. He sees this as a pretty superior bank to some of the regional banks in the US so there is lots of room for them to make progress there.

Toronto Dominion (TD-T)
September 23, 2013

What bank would you buy and would you do it now or later? Canadian banks in general are pretty reasonable value right now. His favourite would be Toronto Dominion (TD-T). Has been pretty successful in expanding into the US market. He sees this as a pretty superior bank to some of the regional banks in the US so there is lots of room for them to make progress there.

David Cockfield
Managing Director, Northland Wealth Management
Price
$91.350
Owned
Yes
DON'T BUY
DON'T BUY
September 23, 2013

Has been basically out of gas stocks, except for a small holding in this one. This has one of the best managements in the patch and has done very well. They are also into gas liquids which has helped. From a bottom-line standpoint. Gas is not going to be a good area to operate in for some time. It’s not the companies, just that there is a lot of gas. Until we can ship gas offshore (LNG), the gas industry is going to be facing some problems.

Arc Resources Ltd (ARX-T)
September 23, 2013

Has been basically out of gas stocks, except for a small holding in this one. This has one of the best managements in the patch and has done very well. They are also into gas liquids which has helped. From a bottom-line standpoint. Gas is not going to be a good area to operate in for some time. It’s not the companies, just that there is a lot of gas. Until we can ship gas offshore (LNG), the gas industry is going to be facing some problems.

David Cockfield
Managing Director, Northland Wealth Management
Price
$25.900
Owned
Yes