Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
December 5, 2013

This railway had the biggest exposure to coal. There has really been a slowdown in coal production and shipments, so the company had some fairly significant damage. Recently the whole sector has tended to trade off a little bit. He prefers Union Pacific (UNP-N) whose volumes are more diversified. As a category, these railways are not cheap but they tend to reward shareholders every year with a dividend increase.

CSX Corp (CSX-Q)
December 5, 2013

This railway had the biggest exposure to coal. There has really been a slowdown in coal production and shipments, so the company had some fairly significant damage. Recently the whole sector has tended to trade off a little bit. He prefers Union Pacific (UNP-N) whose volumes are more diversified. As a category, these railways are not cheap but they tend to reward shareholders every year with a dividend increase.

Darren Sissons
Vice President and Partner, Campbell Lee & Ross
Price
$27.580
Owned
No
SELL
SELL
December 5, 2013

There are big expectations baked into this story. $45 billion worth of CapX per annum for a long period of time to take off huge oil reserves from the ocean floor. Company has not executed well. Also, issues of political interference. Thinks this will be a “show me” story.

There are big expectations baked into this story. $45 billion worth of CapX per annum for a long period of time to take off huge oil reserves from the ocean floor. Company has not executed well. Also, issues of political interference. Thinks this will be a “show me” story.

Darren Sissons
Vice President and Partner, Campbell Lee & Ross
Price
$13.930
Owned
No
COMMENT
COMMENT
December 5, 2013

(He buys individual banks, not ETFs.) Instead of this, you could just go direct and buy some of the ADRs such as China Mobile (CHL-N). Trouble with ETFs is that you are going to have some movement and you may not know what is responsible for it.

(He buys individual banks, not ETFs.) Instead of this, you could just go direct and buy some of the ADRs such as China Mobile (CHL-N). Trouble with ETFs is that you are going to have some movement and you may not know what is responsible for it.

Darren Sissons
Vice President and Partner, Campbell Lee & Ross
Price
$39.400
Owned
No
DON'T BUY
DON'T BUY
December 5, 2013

This company came from a monopoly position and is now trying to move into new markets. Has a ton of cash. Feels it has to reinvent itself and to figure out whether it is going to be a growth company or is going to be a slow and steady dividend aristocrat type, which pays dividends and buys back shares regularly. Doesn’t think this is a long-term secular growth story. He would stay away.

Microsoft (MSFT-Q)
December 5, 2013

This company came from a monopoly position and is now trying to move into new markets. Has a ton of cash. Feels it has to reinvent itself and to figure out whether it is going to be a growth company or is going to be a slow and steady dividend aristocrat type, which pays dividends and buys back shares regularly. Doesn’t think this is a long-term secular growth story. He would stay away.

Darren Sissons
Vice President and Partner, Campbell Lee & Ross
Price
$38.000
Owned
No
SELL
SELL
December 5, 2013

Had a virtual monopoly in terms of US communications. As communication networks slowed down, growth opportunities have slowed. They tried to fix this with bolt on acquisitions and broadening of product offering. A lot of their acquisitions have proven not to be good. A company that he is watching but has not pulled the trigger yet is IBM (IBM-N) which is a share buy back story and a dividend grower. A little expensive now but definitely watch it.

Cisco (CSCO-Q)
December 5, 2013

Had a virtual monopoly in terms of US communications. As communication networks slowed down, growth opportunities have slowed. They tried to fix this with bolt on acquisitions and broadening of product offering. A lot of their acquisitions have proven not to be good. A company that he is watching but has not pulled the trigger yet is IBM (IBM-N) which is a share buy back story and a dividend grower. A little expensive now but definitely watch it.

Darren Sissons
Vice President and Partner, Campbell Lee & Ross
Price
$20.910
Owned
No
PAST TOP PICK
PAST TOP PICK
December 5, 2013

(A Top Pick Dec 20/12. Down 11.29%.) Regards this one as the best-of-breed. Best of dividends and best balance sheet. This is the first one to move into different asset classes, so it has the potash and oil/gas assets. A diversified resource play. Expects volatility but longer-term it is a play on commodities. Likes this long-term.

BHP Billiton Ltd. (BHP-N)
December 5, 2013

(A Top Pick Dec 20/12. Down 11.29%.) Regards this one as the best-of-breed. Best of dividends and best balance sheet. This is the first one to move into different asset classes, so it has the potash and oil/gas assets. A diversified resource play. Expects volatility but longer-term it is a play on commodities. Likes this long-term.

Darren Sissons
Vice President and Partner, Campbell Lee & Ross
Price
$66.620
Owned
Yes
PAST TOP PICK
PAST TOP PICK
December 5, 2013

(A Top Pick Dec 20/12. Up 36.77%.) A very quiet, sleepy type of company. They do filtration.

Pall Corp. (PLL-N)
December 5, 2013

(A Top Pick Dec 20/12. Up 36.77%.) A very quiet, sleepy type of company. They do filtration.

Darren Sissons
Vice President and Partner, Campbell Lee & Ross
Price
$82.290
Owned
Yes