Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
February 12, 2016

You need a high risk tolerance for this stock. Holding one like this for a long period of time is pretty risky, and the stock is extremely expensive. Price momentum has started to fall off and is down about 45% from its recent highs. There are no valuation metrics on this, because they have no cash flows. Purely speculative.

Tesla Motors Inc (TSLA-Q)
February 12, 2016

You need a high risk tolerance for this stock. Holding one like this for a long period of time is pretty risky, and the stock is extremely expensive. Price momentum has started to fall off and is down about 45% from its recent highs. There are no valuation metrics on this, because they have no cash flows. Purely speculative.

Jason Mann
CIO & Co-Founder, Edgehill Patners
Price
$151.040
Owned
Unknown
BUY
BUY
February 12, 2016

Cemeteries. Price momentum on this is decent. A little too small for him. Good balance sheet and pays a 4% dividend yield. ROE’s are decent at 14%, and it is a nice, stable stock. He would feel comfortable holding this.

Park Lawn Corp (PLC-T)
February 12, 2016

Cemeteries. Price momentum on this is decent. A little too small for him. Good balance sheet and pays a 4% dividend yield. ROE’s are decent at 14%, and it is a nice, stable stock. He would feel comfortable holding this.

Jason Mann
CIO & Co-Founder, Edgehill Patners
Price
$11.500
Owned
No
HOLD
HOLD
February 12, 2016

Have been approached on a preliminary basis about a transaction to take them private, but thinks the problem is that the price range is lower than what people were expecting. It scores well on valuations, so the buyer at this price is potentially getting a good deal. Trading around 7X Price to Free Cash Flow. There might not be a lot more upside from here.

Have been approached on a preliminary basis about a transaction to take them private, but thinks the problem is that the price range is lower than what people were expecting. It scores well on valuations, so the buyer at this price is potentially getting a good deal. Trading around 7X Price to Free Cash Flow. There might not be a lot more upside from here.

Jason Mann
CIO & Co-Founder, Edgehill Patners
Price
$4.260
Owned
Unknown
COMMENT
COMMENT
February 12, 2016

Definitely a “go to” name for the Canadian retail space, but would not be his 1st pick for energy. You can get companies cheaper that have better price momentum. Pays a good yield, but that alone is not a good reason to own energy stocks. Reasonably valued, kind of the middle of the pack, but high volatility, negative ROE’s and they don’t make money yet at these oil prices. Would prefer something like Raging River (RRX-T) or Granite Oil (GXO-T). Has a small Short on this. (See Top Picks.)

Definitely a “go to” name for the Canadian retail space, but would not be his 1st pick for energy. You can get companies cheaper that have better price momentum. Pays a good yield, but that alone is not a good reason to own energy stocks. Reasonably valued, kind of the middle of the pack, but high volatility, negative ROE’s and they don’t make money yet at these oil prices. Would prefer something like Raging River (RRX-T) or Granite Oil (GXO-T). Has a small Short on this. (See Top Picks.)

Jason Mann
CIO & Co-Founder, Edgehill Patners
Price
$14.430
Owned
Yes
BUY
BUY
February 12, 2016

A good Buy at these levels. This has been hurt with the resource selloff, as they have a fair amount of Latin America exposure. All the banks are discounting or have already discounted the oil price decline in Canada. There has been US Shorting on our bank names because of assumed real estate exposure. However, he thinks valuation is attractive on pretty much all the banks. Yield of about 5%.

Bank of Nova Scotia (BNS-T)
February 12, 2016

A good Buy at these levels. This has been hurt with the resource selloff, as they have a fair amount of Latin America exposure. All the banks are discounting or have already discounted the oil price decline in Canada. There has been US Shorting on our bank names because of assumed real estate exposure. However, he thinks valuation is attractive on pretty much all the banks. Yield of about 5%.

Jason Mann
CIO & Co-Founder, Edgehill Patners
Price
$54.020
Owned
Unknown
BUY
BUY
February 12, 2016

A good Buy at these levels. All the banks are discounting or have already discounted the oil price decline in Canada. There has been US Shorting on our bank names because of assumed real estate exposure. However, he thinks valuation is attractive on pretty much all of the banks.

Toronto Dominion (TD-T)
February 12, 2016

A good Buy at these levels. All the banks are discounting or have already discounted the oil price decline in Canada. There has been US Shorting on our bank names because of assumed real estate exposure. However, he thinks valuation is attractive on pretty much all of the banks.

Jason Mann
CIO & Co-Founder, Edgehill Patners
Price
$50.810
Owned
Unknown
DON'T BUY
DON'T BUY
February 12, 2016

Gaming stocks had their run about a year ago, and since then they have all come off. He would not recommend this, strictly on a valuation basis. Price momentum is okay, but is volatile. Value is not there. A lot of these gaming companies don’t really have a lot of cash flow today. You are banking on cash flow materializing in the future, which makes it really hard.

Gaming stocks had their run about a year ago, and since then they have all come off. He would not recommend this, strictly on a valuation basis. Price momentum is okay, but is volatile. Value is not there. A lot of these gaming companies don’t really have a lot of cash flow today. You are banking on cash flow materializing in the future, which makes it really hard.

Jason Mann
CIO & Co-Founder, Edgehill Patners
Price
$2.500
Owned
No