Latest Expert Opinions

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
August 8, 2016

(A Top Pick Oct 5/15. Down 17.27%.) The only European bank that is problem free. They are in 2 countries that we never read about, the Netherlands and Belgian. It is a retail bank, not an investment bank. Just came out with another fantastic quarter. The stock is selling at less than 10X earnings. A pristine bank with zero problems. Dividend yield of 6%, but it is sustainable. This is getting hammered with a whole European banking sector.

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ING Groep NV (ING-N)
August 8, 2016

(A Top Pick Oct 5/15. Down 17.27%.) The only European bank that is problem free. They are in 2 countries that we never read about, the Netherlands and Belgian. It is a retail bank, not an investment bank. Just came out with another fantastic quarter. The stock is selling at less than 10X earnings. A pristine bank with zero problems. Dividend yield of 6%, but it is sustainable. This is getting hammered with a whole European banking sector.

COMMENT
COMMENT
August 8, 2016

This has a planned merger with DuPont (DD-N), probably later this year or early next. These are both trading as if they are already a merged entity. He is of mixed feelings. There will be a bunch of cost cutting, which should boost earnings in the short term. Integrating these behemoth companies is never an easy task.

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This has a planned merger with DuPont (DD-N), probably later this year or early next. These are both trading as if they are already a merged entity. He is of mixed feelings. There will be a bunch of cost cutting, which should boost earnings in the short term. Integrating these behemoth companies is never an easy task.

HOLD
HOLD
August 8, 2016

A world-class insurance company with great assets, suffering from high interest rates. This is financially bulletproof and your dividend is secure.

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A world-class insurance company with great assets, suffering from high interest rates. This is financially bulletproof and your dividend is secure.

COMMENT
COMMENT
August 8, 2016

This is, in a large part, dependent on the commodity price. It used to be an income trust, and has always been a pretty well run company. He doesn’t own the Canadian energy sector, and is not a huge fan of the natural gas side. There is so much gas around, that it is hard to see gas prices rising much from here. No one is making much money at these prices. Costs and environmental costs keep going up.

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This is, in a large part, dependent on the commodity price. It used to be an income trust, and has always been a pretty well run company. He doesn’t own the Canadian energy sector, and is not a huge fan of the natural gas side. There is so much gas around, that it is hard to see gas prices rising much from here. No one is making much money at these prices. Costs and environmental costs keep going up.

COMMENT
COMMENT
August 8, 2016

The printing business has amazing cash flow. Margins on colour ink cartridges are massive. This is trading at a ridiculous multiple, probably 6 or 7 times earnings. There is no question that there will be some revenue decline for the next couple of years. Thinks there will be a lot of shareholder value created here.

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The printing business has amazing cash flow. Margins on colour ink cartridges are massive. This is trading at a ridiculous multiple, probably 6 or 7 times earnings. There is no question that there will be some revenue decline for the next couple of years. Thinks there will be a lot of shareholder value created here.

COMMENT
COMMENT
August 8, 2016

He is looking at this, as it is the only really retail UK bank. The only play on the UK mortgage market, and the shares are very, very cheap. They got hammered with BREXIT, and suffered with the financial crisis. If BREXIT does happen, it suddenly turns a lot of the home loans sour, which never ends well. He is currently assessing the risk. There is no visibility here, which he likes, because often times it can lead to great opportunities.

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He is looking at this, as it is the only really retail UK bank. The only play on the UK mortgage market, and the shares are very, very cheap. They got hammered with BREXIT, and suffered with the financial crisis. If BREXIT does happen, it suddenly turns a lot of the home loans sour, which never ends well. He is currently assessing the risk. There is no visibility here, which he likes, because often times it can lead to great opportunities.

COMMENT
COMMENT
August 8, 2016

Chairman and CEO is the same. He is a fan of these being separated. Feels that once these positions have been given, if you separate them it would feel like it was a demotion. The real question is, how strong is the board. He is a fan of stronger boards.

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Bank of America (BAC-N)
August 8, 2016

Chairman and CEO is the same. He is a fan of these being separated. Feels that once these positions have been given, if you separate them it would feel like it was a demotion. The real question is, how strong is the board. He is a fan of stronger boards.