Latest Expert Opinions

Signal
Opinion
Expert
TOP PICK
TOP PICK
April 30, 2015

China is going to become the largest consuming country and these guys are the box on the supplier as far as purchasers are concerned. He thinks this one could really surprise you on the upside. The price has stabilized here.

China is going to become the largest consuming country and these guys are the box on the supplier as far as purchasers are concerned. He thinks this one could really surprise you on the upside. The price has stabilized here.

Rick Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$81.290
Owned
Yes
HOLD
HOLD
April 30, 2015

Chart shows this has formed a kind of tabletop at around $163 from the beginning of the year. If it dropped below $152, it would suggest that we are probably getting into the $130 range. The fact that it is making a basic pattern is very positive. MACD is starting to turn over a little bit, so that may be saying that there could be a little bit more weakness. The long-term chart looks beautiful. There is nothing in the technicals that would indicate any change.

3M Co. (MMM-N)
April 30, 2015

Chart shows this has formed a kind of tabletop at around $163 from the beginning of the year. If it dropped below $152, it would suggest that we are probably getting into the $130 range. The fact that it is making a basic pattern is very positive. MACD is starting to turn over a little bit, so that may be saying that there could be a little bit more weakness. The long-term chart looks beautiful. There is nothing in the technicals that would indicate any change.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$156.390
Owned
Unknown
PARTIAL SELL
PARTIAL SELL
April 30, 2015

Chart shows higher lows in January and March, so it is building a base. However, there is going to be a lot of resistance at the current level. This is an investment that he isn’t quite sure about, but the risk/reward is really in your favour. The sector is ranked very poorly on a long-term basis. The shorter trade numbers are really good. Chart shows a downward channel from early 2014, and he would like to see it break out above that. If you own, he would be inclined to take half of your profit and let the rest run.

Chart shows higher lows in January and March, so it is building a base. However, there is going to be a lot of resistance at the current level. This is an investment that he isn’t quite sure about, but the risk/reward is really in your favour. The sector is ranked very poorly on a long-term basis. The shorter trade numbers are really good. Chart shows a downward channel from early 2014, and he would like to see it break out above that. If you own, he would be inclined to take half of your profit and let the rest run.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$29.940
Owned
Unknown
WATCH
WATCH
April 30, 2015

This has been a stellar performer at times. A few times it hit around $51, and is now below that. That brings in the next level where we are going to see some support, which is around $45. The Point and Figure target is around $44-$45. To him it doesn’t look like it is going to run away. If you get this at around the mid-$40, it is probably a good idea. If not you’re going to have to wait until above $58.

CGI Group (A) (GIB.A-T)
April 30, 2015

This has been a stellar performer at times. A few times it hit around $51, and is now below that. That brings in the next level where we are going to see some support, which is around $45. The Point and Figure target is around $44-$45. To him it doesn’t look like it is going to run away. If you get this at around the mid-$40, it is probably a good idea. If not you’re going to have to wait until above $58.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$50.780
Owned
Unknown
COMMENT
COMMENT
April 30, 2015

Chart shows a little bit higher lows, which is really positive. However, there is a downtrend from September, and it looks like it has broken up through that. Because of this, we could be looking for a decent pattern in the $39-$40 area. Indicators are acting positively. The MACD is starting to come above zero which gives you a bit more trust in the other things that you see. This is one that you are going to have to either buy it lower or buy it on a breakout to a new high, as opposed to in between price action for the last year or two.

Chart shows a little bit higher lows, which is really positive. However, there is a downtrend from September, and it looks like it has broken up through that. Because of this, we could be looking for a decent pattern in the $39-$40 area. Indicators are acting positively. The MACD is starting to come above zero which gives you a bit more trust in the other things that you see. This is one that you are going to have to either buy it lower or buy it on a breakout to a new high, as opposed to in between price action for the last year or two.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$40.850
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
April 30, 2015

(A Top Pick April 7/14. Up 16.47%.) Sold this at around $61 in order to pick up some other names he wanted.

(A Top Pick April 7/14. Up 16.47%.) Sold this at around $61 in order to pick up some other names he wanted.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$56.870
Owned
No
PAST TOP PICK
PAST TOP PICK
April 30, 2015

(A Top Pick April 7/14. Up 24.73%.) He still likes this. Now that Loblaw’s (L-T) has Shoppers he can see it being even more dynamic. This is a cash cow and they have a lot of cash on the books. On any kind of a big dip down, he would probably acquire more.

(A Top Pick April 7/14. Up 24.73%.) He still likes this. Now that Loblaw’s (L-T) has Shoppers he can see it being even more dynamic. This is a cash cow and they have a lot of cash on the books. On any kind of a big dip down, he would probably acquire more.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$99.660
Owned
Yes