Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
July 28, 2016

(Market Call Minute.) This has gone up very high, but still cheap relative to its five-year average. Thinks there is a lot more in the tank.

(Market Call Minute.) This has gone up very high, but still cheap relative to its five-year average. Thinks there is a lot more in the tank.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$17.630
Owned
Unknown
WEAK BUY
WEAK BUY
July 28, 2016

(Market Call Minute.) Did an acquisition so they probably have to consolidate. It is ultimately a long-term Buy, but he likes WSP (?) better.

Stantec Inc (STN-T)
July 28, 2016

(Market Call Minute.) Did an acquisition so they probably have to consolidate. It is ultimately a long-term Buy, but he likes WSP (?) better.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$33.890
Owned
Unknown
DON'T BUY
DON'T BUY
July 28, 2016

(Market Call Minute.) This has had too big of a run and has gotten a little too high

(Market Call Minute.) This has had too big of a run and has gotten a little too high

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$13.900
Owned
Unknown
TOP PICK
TOP PICK
July 28, 2016

The industry is slowing, and this company is aware of that. There was concern with Ford (F-N) today, but the PEs in the whole space are at a 20-year low. For this to make sense, he has to see EPS contract by 30%-40%, so they are cheap. 79% sales growth and 18% EPS over the next couple of years, and a very cheap multiple with a great balance sheet for accretive M&A, for buybacks or possible dividend growth. They are only about 1% exposed to the UK, but 27% Europe. Dividend yield of 2.63%.

The industry is slowing, and this company is aware of that. There was concern with Ford (F-N) today, but the PEs in the whole space are at a 20-year low. For this to make sense, he has to see EPS contract by 30%-40%, so they are cheap. 79% sales growth and 18% EPS over the next couple of years, and a very cheap multiple with a great balance sheet for accretive M&A, for buybacks or possible dividend growth. They are only about 1% exposed to the UK, but 27% Europe. Dividend yield of 2.63%.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$49.790
Owned
Yes
TOP PICK
TOP PICK
July 28, 2016

As a group, banks are cheap relative to the TSX. We have likely seen the highest water mark in terms of energy fears. This had solid performance in Canadian banking and wealth, and have the best earnings power. They are not going to grow much this year, but over the next couple of years he predicts some pretty good growth. Dividend yield of 4.06%.

Royal Bank (RY-T)
July 28, 2016

As a group, banks are cheap relative to the TSX. We have likely seen the highest water mark in terms of energy fears. This had solid performance in Canadian banking and wealth, and have the best earnings power. They are not going to grow much this year, but over the next couple of years he predicts some pretty good growth. Dividend yield of 4.06%.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$79.770
Owned
Yes
TOP PICK
TOP PICK
July 28, 2016

He sees a 9% EPS growth from Enbridge (ENB-T) drop downs over the next couple of years, and a 10% annual dividend growth each and every year for the next couple of years. This is cheap relative to its peers. Maybe you don’t want to Buy it here. If so, you can sell a Put to end up owning it at a lower price. Dividend yield of 5.85%.

He sees a 9% EPS growth from Enbridge (ENB-T) drop downs over the next couple of years, and a 10% annual dividend growth each and every year for the next couple of years. This is cheap relative to its peers. Maybe you don’t want to Buy it here. If so, you can sell a Put to end up owning it at a lower price. Dividend yield of 5.85%.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$31.900
Owned
Yes