Latest Expert Opinions

Signal
Opinion
Expert
PARTIAL SELL
PARTIAL SELL
August 1, 2014

Thinks you are heading into another earnings cycle positive for this company, so he expects earnings growth to continue globally. However, he finds valuations a little bit rich, and if he owned he would probably be trimming some of his position.

Deere & Co. (DE-N)
August 1, 2014

Thinks you are heading into another earnings cycle positive for this company, so he expects earnings growth to continue globally. However, he finds valuations a little bit rich, and if he owned he would probably be trimming some of his position.

John Zechner
Chairman, J. Zechner & Assoc
Price
$84.960
Owned
Unknown
HOLD
HOLD
August 1, 2014

Likes this. Sold his holdings recently when it ran up into the $16-$17 area, but is looking at a point for when to buy it back. There is earnings potential in the $1.80-$2 range. Still a lot of costs they can cut and can generate some earnings growth.

Bank of America (BAC-N)
August 1, 2014

Likes this. Sold his holdings recently when it ran up into the $16-$17 area, but is looking at a point for when to buy it back. There is earnings potential in the $1.80-$2 range. Still a lot of costs they can cut and can generate some earnings growth.

John Zechner
Chairman, J. Zechner & Assoc
Price
$14.980
Owned
No
DON'T BUY
DON'T BUY
August 1, 2014

He has switched from lifecos to the banks because lifecos have had a pretty good run this year. They benefit a lot from rising interest rates, and he is a little concerned about the next quarter’s earnings. Thinks the valuation is a little bit rich right now.

He has switched from lifecos to the banks because lifecos have had a pretty good run this year. They benefit a lot from rising interest rates, and he is a little concerned about the next quarter’s earnings. Thinks the valuation is a little bit rich right now.

John Zechner
Chairman, J. Zechner & Assoc
Price
$41.080
Owned
Unknown
BUY
BUY
August 1, 2014

You could do well buying this for the longer term at these prices. They’ve had a few missteps, but when you look at the global brands and the growth, they are well positioned on a global basis to grow. 3.9% dividend yield.

You could do well buying this for the longer term at these prices. They’ve had a few missteps, but when you look at the global brands and the growth, they are well positioned on a global basis to grow. 3.9% dividend yield.

John Zechner
Chairman, J. Zechner & Assoc
Price
$54.720
Owned
Unknown
BUY
BUY
August 1, 2014

Likes this. Volatile, but has a lot of low hanging fruit. There are metric valuations that can be improved upon. It’s not going to be in the handset business, but more in software on the security side. New CEO is reinventing the company. There is still a massive Short position in the US, which is going to have to be covered at some point.

BlackBerry (BB-T)
August 1, 2014

Likes this. Volatile, but has a lot of low hanging fruit. There are metric valuations that can be improved upon. It’s not going to be in the handset business, but more in software on the security side. New CEO is reinventing the company. There is still a massive Short position in the US, which is going to have to be covered at some point.

John Zechner
Chairman, J. Zechner & Assoc
Price
$10.150
Owned
Yes
BUY WEAKNESS
BUY WEAKNESS
August 1, 2014

Sold his holdings recently. Had a great run from the low $30’s. Heavy oil spreads have tightened, which has benefited them. Valuations in the sector have gone higher. He would look to buy this back again in the low $40’s. Still a good, long term growth story.

Sold his holdings recently. Had a great run from the low $30’s. Heavy oil spreads have tightened, which has benefited them. Valuations in the sector have gone higher. He would look to buy this back again in the low $40’s. Still a good, long term growth story.

John Zechner
Chairman, J. Zechner & Assoc
Price
$45.950
Owned
No
SELL
SELL
August 1, 2014

Oriented strand board (OSB), their core product, has come under severe pricing pressure. Also, the dividend yield is quite high and seems unsustainable, so he expects to see this cut sometime in the next year.

Norbord Inc. (OSB-N)
August 1, 2014

Oriented strand board (OSB), their core product, has come under severe pricing pressure. Also, the dividend yield is quite high and seems unsustainable, so he expects to see this cut sometime in the next year.

John Zechner
Chairman, J. Zechner & Assoc
Price
$22.170
Owned
No