Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
April 27, 2015

There is not a Canadian ETF that is similar. He loves the sector longer term. The uranium sector has been crushed 60-70% since the Japan crisis so it is ready for double or triple. We could lose 10-15% in the currency, but that is not a problem. There is an easy 50% in the next two years in the ETF. It will be very volatile. You have no choice, but to take on the US$ exposure.

There is not a Canadian ETF that is similar. He loves the sector longer term. The uranium sector has been crushed 60-70% since the Japan crisis so it is ready for double or triple. We could lose 10-15% in the currency, but that is not a problem. There is an easy 50% in the next two years in the ETF. It will be very volatile. You have no choice, but to take on the US$ exposure.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$11.840
Owned
Unknown
DON'T BUY
DON'T BUY
April 27, 2015

There is always risk in these. Every day, to get the 2 to 1 leverage, when the market goes up they have to buy more of the derivative the next day to get the same benefit. When the underlying commodity is volatile, you get more erosion of the ETF value. Nat gas is amongst the highest in volatility. It is better to play it with the equity ETFs. ZJN-T, for example.

There is always risk in these. Every day, to get the 2 to 1 leverage, when the market goes up they have to buy more of the derivative the next day to get the same benefit. When the underlying commodity is volatile, you get more erosion of the ETF value. Nat gas is amongst the highest in volatility. It is better to play it with the equity ETFs. ZJN-T, for example.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$3.170
Owned
Unknown
WATCH
WATCH
April 27, 2015

2/3rds of revenue is from refining and marketing through Petrocan gas stations. He expects them to surprise to the upside. Technically there is a lot of overhead resistance in the $42 area. If oil prices revisit their lows then this one will fall to $35 and he really likes owning it there and then sell close to $42.

2/3rds of revenue is from refining and marketing through Petrocan gas stations. He expects them to surprise to the upside. Technically there is a lot of overhead resistance in the $42 area. If oil prices revisit their lows then this one will fall to $35 and he really likes owning it there and then sell close to $42.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$39.850
Owned
Unknown
COMMENT
COMMENT
April 27, 2015

When the markets go down the VIX spikes up. This ETF will work for a few days, but you have to be precise on the timing on when to go into it. This one makes money when you think the markets are going up. When the markets go down, this one goes down very hard.

When the markets go down the VIX spikes up. This ETF will work for a few days, but you have to be precise on the timing on when to go into it. This one makes money when you think the markets are going up. When the markets go down, this one goes down very hard.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$30.880
Owned
Unknown
BUY
BUY
April 27, 2015

One of his largest holdings for 9 years. Used to be dirt cheap and growing and is now revalued as an infrastructure stock. They have some huge projects to expand their container facility in Montreal. Well warranted valuation. 15 times forward earnings. Buy it and put it away.

Logistec Corp (LGT.B-T)
April 27, 2015

One of his largest holdings for 9 years. Used to be dirt cheap and growing and is now revalued as an infrastructure stock. They have some huge projects to expand their container facility in Montreal. Well warranted valuation. 15 times forward earnings. Buy it and put it away.

Stephen Takacsy, B. Eng, MBA
Chief Investment Officer & Portfolio Mgr, Lester Asset Management
Price
$38.980
Owned
Yes
DON'T BUY
DON'T BUY
April 27, 2015

The valuation is extremely expensive. He feels this whole sector is very saturated, competitive and expensive.

The valuation is extremely expensive. He feels this whole sector is very saturated, competitive and expensive.

Stephen Takacsy, B. Eng, MBA
Chief Investment Officer & Portfolio Mgr, Lester Asset Management
Price
$31.890
Owned
No
HOLD
HOLD
April 27, 2015

A rock solid company. Trades at a premium and is rather expensive. He is watching it. Hold it and buy more if it goes down a lot. Don’t think about stop losses.

A rock solid company. Trades at a premium and is rather expensive. He is watching it. Hold it and buy more if it goes down a lot. Don’t think about stop losses.

Stephen Takacsy, B. Eng, MBA
Chief Investment Officer & Portfolio Mgr, Lester Asset Management
Price
$79.270
Owned
Unknown