Latest Expert Opinions

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Opinion
Expert
COMMENT
COMMENT
September 25, 2013

It was just announced that the company is cutting orders as unsold merchandise piles up in the US. US economy is not exactly swimming along at a good pace. This company is probably the premier company globally at managing inventory. If they have made a bad bet on inventory, there are others who are even worse.

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Walmart Inc (WMT-N)
September 25, 2013

It was just announced that the company is cutting orders as unsold merchandise piles up in the US. US economy is not exactly swimming along at a good pace. This company is probably the premier company globally at managing inventory. If they have made a bad bet on inventory, there are others who are even worse.

COMMENT
COMMENT
September 25, 2013

Arguably Canada’s best managed and safest bank but, because of that, it is also one of the slowest growing because ROE is not as much as any of the others. He would choose to invest in other banks over this one, such as Bank of Montréal (BMO-T), Bank of Nova Scotia (BNS-T), CIBC (CM-T) as well as Royal Bank (RY-T), which has the highest ROE, but you are also paying the most as compared to the other 2.

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Toronto Dominion (TD-T)
September 25, 2013

Arguably Canada’s best managed and safest bank but, because of that, it is also one of the slowest growing because ROE is not as much as any of the others. He would choose to invest in other banks over this one, such as Bank of Montréal (BMO-T), Bank of Nova Scotia (BNS-T), CIBC (CM-T) as well as Royal Bank (RY-T), which has the highest ROE, but you are also paying the most as compared to the other 2.

COMMENT
COMMENT
September 25, 2013

Very nice ROE. If he were projecting most of the banks out a year from now and looking at balance sheet growth, he would see 10%-15% in dividends across the board. If we get some valuation increase (price to book), the numbers could be better than that.

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Bank of Nova Scotia (BNS-T)
September 25, 2013

Very nice ROE. If he were projecting most of the banks out a year from now and looking at balance sheet growth, he would see 10%-15% in dividends across the board. If we get some valuation increase (price to book), the numbers could be better than that.

COMMENT
COMMENT
September 25, 2013

This still has balance sheet issues. Stock keeps drifting higher as time goes on with the market hoping that those balance sheet issues are slowly getting behind it. It needs time to heal. Thinks it can drift higher from here.

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Bank of America (BAC-N)
September 25, 2013

This still has balance sheet issues. Stock keeps drifting higher as time goes on with the market hoping that those balance sheet issues are slowly getting behind it. It needs time to heal. Thinks it can drift higher from here.

COMMENT
COMMENT
September 25, 2013

Has done so well that it has almost drifted back up again to its usual long-term high in price to book terms. There has been virtually no growth in the balance sheet for some period of time. He would guess the dividend is what is driving the company. It could go a little bit further than here, maybe a couple of dollars.

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Whitecap Resources (WCP-T)
September 25, 2013

Has done so well that it has almost drifted back up again to its usual long-term high in price to book terms. There has been virtually no growth in the balance sheet for some period of time. He would guess the dividend is what is driving the company. It could go a little bit further than here, maybe a couple of dollars.

HOLD
HOLD
September 25, 2013

Historically it has drifted down to these kinds of levels, and then had enormous runs as things have picked up again. There has also been some balance sheet erosion because they are paying out too much in terms of dividends. Given the yield that they have, the dividend should be cut somewhat.

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Transalta Corp (TA-T)
September 25, 2013

Historically it has drifted down to these kinds of levels, and then had enormous runs as things have picked up again. There has also been some balance sheet erosion because they are paying out too much in terms of dividends. Given the yield that they have, the dividend should be cut somewhat.

COMMENT
COMMENT
September 25, 2013

Has been recovering after the catastrophe of 2008-2009. Had a great run, but it hit his initial target of about $18 and has been setting back ever since. Has a downside target of about $15 where it would hit some good solid support and he would be interested in coming back to the stock at that time.

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Manulife Financial (MFC-T)
September 25, 2013

Has been recovering after the catastrophe of 2008-2009. Had a great run, but it hit his initial target of about $18 and has been setting back ever since. Has a downside target of about $15 where it would hit some good solid support and he would be interested in coming back to the stock at that time.