Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
December 11, 2013

A stock like this can be very sensitive as to how people feel about what spending is going to be like, especially around Christmas. We are entering a very, very competitive retail landscape. Although this has very good customer loyalty and very good store positioning, more and more of their lines are going to have severe competition in the next couple of years.

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A stock like this can be very sensitive as to how people feel about what spending is going to be like, especially around Christmas. We are entering a very, very competitive retail landscape. Although this has very good customer loyalty and very good store positioning, more and more of their lines are going to have severe competition in the next couple of years.

DON'T BUY
DON'T BUY
December 11, 2013

There is a chance for a dividend increase. Their dividend is fairly small relative to their cash flow. The problem he has with Canadian railroads is that they have done so well and so fast. Trading at 20X earnings which seems to be fairly aggressive in an industry that can grow a whole lot more than the GDP of the economy they sit in. Trading at more than 4X BV.

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There is a chance for a dividend increase. Their dividend is fairly small relative to their cash flow. The problem he has with Canadian railroads is that they have done so well and so fast. Trading at 20X earnings which seems to be fairly aggressive in an industry that can grow a whole lot more than the GDP of the economy they sit in. Trading at more than 4X BV.

BUY
BUY
December 11, 2013

Prefers Bank of Nova Scotia (BNS-T) because of their international diversification and their tight, tight credit and the Royal Bank (RY-T), which seems to be firing on all cylinders. This is an area where he is going to continue to hold his bank stocks. Would have no hesitation in buying this bank.

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Prefers Bank of Nova Scotia (BNS-T) because of their international diversification and their tight, tight credit and the Royal Bank (RY-T), which seems to be firing on all cylinders. This is an area where he is going to continue to hold his bank stocks. Would have no hesitation in buying this bank.

COMMENT
COMMENT
December 11, 2013

Prefers Bank of Nova Scotia (BNS-T) because of their international diversification and their tight, tight credit and the Royal Bank (RY-T), which seems to be firing on all cylinders. This is an area where he is going to continue to hold his bank stocks. Would have no hesitation in buying banks.

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Bank of Montreal (BMO-T)
December 11, 2013

Prefers Bank of Nova Scotia (BNS-T) because of their international diversification and their tight, tight credit and the Royal Bank (RY-T), which seems to be firing on all cylinders. This is an area where he is going to continue to hold his bank stocks. Would have no hesitation in buying banks.

BUY
BUY
December 11, 2013

This is his primary holding in the oil/gas area. Expects there will be significant capital appreciation. It is such a well diversified company with the oil sands, upstream and downstream operations and their retail operations.

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Suncor Energy Inc (SU-T)
December 11, 2013

This is his primary holding in the oil/gas area. Expects there will be significant capital appreciation. It is such a well diversified company with the oil sands, upstream and downstream operations and their retail operations.

COMMENT
COMMENT
December 11, 2013

Latest report indicates the Australian takeover panel would force this company to raise its bid to $9.56 per share. Because the bid has gotten so competitive, he would not be a buyer of this one today. He is going to wait and see what happens on the acquisition and then how well the integration goes.

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Saputo Inc. (SAP-T)
December 11, 2013

Latest report indicates the Australian takeover panel would force this company to raise its bid to $9.56 per share. Because the bid has gotten so competitive, he would not be a buyer of this one today. He is going to wait and see what happens on the acquisition and then how well the integration goes.

DON'T BUY
DON'T BUY
December 11, 2013

(Market Call Minute.) Potash prices remain under pressure and he thinks they will be for some time.

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(Market Call Minute.) Potash prices remain under pressure and he thinks they will be for some time.