Latest Expert Opinions

Signal
Opinion
Expert
HOLD
HOLD
July 18, 2014

Although listed in the US, this is really a European name, but diversified across about 140 different countries. Even though they may not be as diversified as its peers, they have a pretty decent focus and mixture. Focused mainly on vaccines and drug R&D, but also have some pretty well-known consumer product brands that people are familiar with. The issue is that it is a little bit more focused on the hefty dividend payment. Payout ratio is about 70% while its peers are more like 50%-60%. Because of this the multiple is lower, and trades at a discount to the others.

Although listed in the US, this is really a European name, but diversified across about 140 different countries. Even though they may not be as diversified as its peers, they have a pretty decent focus and mixture. Focused mainly on vaccines and drug R&D, but also have some pretty well-known consumer product brands that people are familiar with. The issue is that it is a little bit more focused on the hefty dividend payment. Payout ratio is about 70% while its peers are more like 50%-60%. Because of this the multiple is lower, and trades at a discount to the others.

Mohsin Bashir
VP Investments, Stone Asset Management
Price
$53.720
Owned
No
COMMENT
COMMENT
July 18, 2014

Exceptionally strong in terms of its turnaround that, by and large, has already been orchestrated, and is reflected in the stock price. He is trimming his holdings because of the weighting in portfolios. Has one of the best growth rates, when you look at the “growing crude by rail” story, as well as the requirement to transport grain and intermodal.

Exceptionally strong in terms of its turnaround that, by and large, has already been orchestrated, and is reflected in the stock price. He is trimming his holdings because of the weighting in portfolios. Has one of the best growth rates, when you look at the “growing crude by rail” story, as well as the requirement to transport grain and intermodal.

Mohsin Bashir
VP Investments, Stone Asset Management
Price
$209.090
Owned
Yes
BUY WEAKNESS
BUY WEAKNESS
July 18, 2014

Contracts for potash pricing have come down quite substantially. Have shortened up in terms of the duration, so there is an element of expectation that these prices may not be so depressed for an extended period of time. Feels the stock has really gotten ahead of itself. He would be an owner in the low $30’s or below $30. Agrium (AGU-T) would be a better, more diversified play, and also has a better growth profile.

Contracts for potash pricing have come down quite substantially. Have shortened up in terms of the duration, so there is an element of expectation that these prices may not be so depressed for an extended period of time. Feels the stock has really gotten ahead of itself. He would be an owner in the low $30’s or below $30. Agrium (AGU-T) would be a better, more diversified play, and also has a better growth profile.

Mohsin Bashir
VP Investments, Stone Asset Management
Price
$38.730
Owned
No
COMMENT
COMMENT
July 18, 2014

Somewhat of a unique business proposition, because this has got innovations that have proven to be able to generate revenues. The issue is that the multiple is so high. As a GARP investor it is difficult for him to rationalize this one. Expects you could see a good 10%-15% reasonable result from here.

Facebook (FB-Q)
July 18, 2014

Somewhat of a unique business proposition, because this has got innovations that have proven to be able to generate revenues. The issue is that the multiple is so high. As a GARP investor it is difficult for him to rationalize this one. Expects you could see a good 10%-15% reasonable result from here.

Mohsin Bashir
VP Investments, Stone Asset Management
Price
$68.420
Owned
No
HOLD
HOLD
July 18, 2014

Has exceptionally good assets, great management team and increased dividends. You also have the advantage of refining capacity. It’s not just a matter of being able to extract heavy oil out of the ground, but you have to go through the processes of refining it. This company probably has some of the best operations in the country.

Has exceptionally good assets, great management team and increased dividends. You also have the advantage of refining capacity. It’s not just a matter of being able to extract heavy oil out of the ground, but you have to go through the processes of refining it. This company probably has some of the best operations in the country.

Mohsin Bashir
VP Investments, Stone Asset Management
Price
$44.620
Owned
Yes
DON'T BUY
DON'T BUY
July 18, 2014

There has been an increase in food inflation, and he thinks that is going to spell a rise in interest rates eventually. Wait for a better time on this. Sees their catalyst as the mainline reversal through Eastern Canada, but the valuation is rich. To add to his holdings, he would probably look at something under $50.

TC Energy (TRP-T)
July 18, 2014

There has been an increase in food inflation, and he thinks that is going to spell a rise in interest rates eventually. Wait for a better time on this. Sees their catalyst as the mainline reversal through Eastern Canada, but the valuation is rich. To add to his holdings, he would probably look at something under $50.

Mohsin Bashir
VP Investments, Stone Asset Management
Price
$54.430
Owned
Yes
PAST TOP PICK
PAST TOP PICK
July 18, 2014

(A Top Pick June 20/13. Up 32.76%.) Has been a beneficiary of the rise in energy. A former trust, so pays a very hefty dividend. Focused on light and medium oil as well as their water flood technology, which really expands the productivity of the recovery capability on their wells. Some pretty good catalysts lining up for this one.

(A Top Pick June 20/13. Up 32.76%.) Has been a beneficiary of the rise in energy. A former trust, so pays a very hefty dividend. Focused on light and medium oil as well as their water flood technology, which really expands the productivity of the recovery capability on their wells. Some pretty good catalysts lining up for this one.

Mohsin Bashir
VP Investments, Stone Asset Management
Price
$44.130
Owned
Yes