Latest Expert Opinions

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
May 6, 2015

(A Top Pick March 3/14. Up 1.35%.) When you look at the money centred banks as a group, they are incredibly attractive trading at 8 or 9 times multiple. Warren Buffett likes this. It is a great franchise. Thinks the lift-off really comes when you start to see rates rise.

(A Top Pick March 3/14. Up 1.35%.) When you look at the money centred banks as a group, they are incredibly attractive trading at 8 or 9 times multiple. Warren Buffett likes this. It is a great franchise. Thinks the lift-off really comes when you start to see rates rise.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$16.290
Owned
Yes
PAST TOP PICK
PAST TOP PICK
May 6, 2015

(A Top Pick March 3/14. Up 41.1%.) A turnaround story. They were suffering a little bit from a competitive gap.

(A Top Pick March 3/14. Up 41.1%.) A turnaround story. They were suffering a little bit from a competitive gap.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$35.320
Owned
Yes
PAST TOP PICK
PAST TOP PICK
May 6, 2015

(A Top Pick March 3/14. Down 2.55%.) Sold his holdings, but got back in. They make cabin interiors for aircraft. Aerospace cycle has been picking up. Did a spin-out of one of their fixture divisions. A really good manufacturing company. Growth has been a little questionable in the last little while.

(A Top Pick March 3/14. Down 2.55%.) Sold his holdings, but got back in. They make cabin interiors for aircraft. Aerospace cycle has been picking up. Did a spin-out of one of their fixture divisions. A really good manufacturing company. Growth has been a little questionable in the last little while.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$59.360
Owned
Yes
HOLD
HOLD
May 6, 2015

Overall a decent company. Have some good properties, particularly in northeast British Columbia. At some point it is potentially a takeover target, but at this point it is truly a Hold. He doesn’t see any obvious catalysts for this name in the short run.

Overall a decent company. Have some good properties, particularly in northeast British Columbia. At some point it is potentially a takeover target, but at this point it is truly a Hold. He doesn’t see any obvious catalysts for this name in the short run.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$8.370
Owned
Unknown
COMMENT
COMMENT
May 6, 2015

If you are looking for exposure in the gold space, you have no better alternative than this one. He believes the US$ will continue to strengthen, and in that environment gold is going to be more challenged. This company has the lowest costs in terms of bringing gold out of the ground. The lack of geopolitical risks is attractive.

Goldcorp Inc (G-T)
May 6, 2015

If you are looking for exposure in the gold space, you have no better alternative than this one. He believes the US$ will continue to strengthen, and in that environment gold is going to be more challenged. This company has the lowest costs in terms of bringing gold out of the ground. The lack of geopolitical risks is attractive.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$21.810
Owned
No
COMMENT
COMMENT
May 6, 2015

A good income vehicle. It has been one of the better independent power producers historically. Thinks the assets are excellent. The only caution he would throw in is that any yield vehicle, when and if we get higher rates, will suffer. We are a long way away from that and he thinks the runway is pretty clear for the next 6 months minimum, and possibly as long as a year.

A good income vehicle. It has been one of the better independent power producers historically. Thinks the assets are excellent. The only caution he would throw in is that any yield vehicle, when and if we get higher rates, will suffer. We are a long way away from that and he thinks the runway is pretty clear for the next 6 months minimum, and possibly as long as a year.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$16.930
Owned
No
BUY
BUY
May 6, 2015

This would be a reasonable entry point. If you are of the view, which he is, that things are getting better in the economy, one of the things that do well in a rising economy is financials. In lifecos, your liabilities are discounted at a higher rate. They also do well in the asset management side of the business. Growth gives them opportunities for acquisition as well as expansion of their businesses. This is very big in Asia which continues to be a bright spot for them. Good name.

This would be a reasonable entry point. If you are of the view, which he is, that things are getting better in the economy, one of the things that do well in a rising economy is financials. In lifecos, your liabilities are discounted at a higher rate. They also do well in the asset management side of the business. Growth gives them opportunities for acquisition as well as expansion of their businesses. This is very big in Asia which continues to be a bright spot for them. Good name.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$22.510
Owned
Yes