Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
October 13, 2016

Linamar (LNR-T) or Magna (MG-T)? Both are great companies. This one is a tremendous success in his view, but Magna is his pick, simply because of its global reach. Its larger size serves a higher number of platforms and has a greater number of products.

Linamar Corp (LNR-T)
October 13, 2016

Linamar (LNR-T) or Magna (MG-T)? Both are great companies. This one is a tremendous success in his view, but Magna is his pick, simply because of its global reach. Its larger size serves a higher number of platforms and has a greater number of products.

David Baskin
President, Baskin Wealth Management
Price
$55.690
Owned
Unknown
COMMENT
COMMENT
October 13, 2016

Linamar (LNR-T) or Magna (MG-T)? Both are great companies. This one is his pick, simply because of its global reach. Its larger size serves a higher number of platforms and has a greater number of products.

Magna Int'l. (A) (MG-T)
October 13, 2016

Linamar (LNR-T) or Magna (MG-T)? Both are great companies. This one is his pick, simply because of its global reach. Its larger size serves a higher number of platforms and has a greater number of products.

David Baskin
President, Baskin Wealth Management
Price
$55.640
Owned
Yes
COMMENT
COMMENT
October 13, 2016

They did an offering this week at about a 3% discount to what the stock was trading at. The apartment sector is a good sector. People have undoubtedly been reading about apartment shortages in major Canadian cities, so if you own a lot of apartment buildings, it is not a bad place to be. This is a pretty good operator and it is a good sector to be in.

They did an offering this week at about a 3% discount to what the stock was trading at. The apartment sector is a good sector. People have undoubtedly been reading about apartment shortages in major Canadian cities, so if you own a lot of apartment buildings, it is not a bad place to be. This is a pretty good operator and it is a good sector to be in.

David Baskin
President, Baskin Wealth Management
Price
$21.080
Owned
No
COMMENT
COMMENT
October 13, 2016

There is nothing special about this bank. It’s the biggest in Canada, but if you look at Bank of Nova Scotia (BNS-T) you can point to international exposure. National Bank (NA-T) has Québec locked up. Toronto Dominion (TD-T) has a bank on every corner in New York City. Bank of Montréal (BMO-T) made a big acquisition in Chicago. There is really nothing to distinguish this one from the crowd. It steady, it’s solid and it’s boring. It’s going to pay its dividend and its going to raise its dividend. Don’t expect the stock price to take off though.

Royal Bank (RY-T)
October 13, 2016

There is nothing special about this bank. It’s the biggest in Canada, but if you look at Bank of Nova Scotia (BNS-T) you can point to international exposure. National Bank (NA-T) has Québec locked up. Toronto Dominion (TD-T) has a bank on every corner in New York City. Bank of Montréal (BMO-T) made a big acquisition in Chicago. There is really nothing to distinguish this one from the crowd. It steady, it’s solid and it’s boring. It’s going to pay its dividend and its going to raise its dividend. Don’t expect the stock price to take off though.

David Baskin
President, Baskin Wealth Management
Price
$82.610
Owned
Unknown
TOP PICK
TOP PICK
October 13, 2016

A stock that will definitely benefit from interest rates going up. Trading at what he thinks is about 75%-80% of its NAV, and generally trades at around 85%. Very attractive dividend yield of 5.1%. Following the passing of Paul Demarais, his children may decide to unwind parts of the company to realize some value. Dividend yield of 5.1%.

Power Corp (POW-T)
October 13, 2016

A stock that will definitely benefit from interest rates going up. Trading at what he thinks is about 75%-80% of its NAV, and generally trades at around 85%. Very attractive dividend yield of 5.1%. Following the passing of Paul Demarais, his children may decide to unwind parts of the company to realize some value. Dividend yield of 5.1%.

David Baskin
President, Baskin Wealth Management
Price
$28.330
Owned
Yes
TOP PICK
TOP PICK
October 13, 2016

A powerful company. Hundreds of millions of people have their cards, so it is going to be very difficult if not impossible to displace that. There are a couple of trends that favour this company. Made a huge deal to buy EuroVisa, and they are actively working to increase card penetration in Asia, were penetration is only 20%. The cashless society is becoming a reality. An expensive stock, but has a huge growth runway in front of them. Dividend yield of 0.68%.

Visa Inc. (V-N)
October 13, 2016

A powerful company. Hundreds of millions of people have their cards, so it is going to be very difficult if not impossible to displace that. There are a couple of trends that favour this company. Made a huge deal to buy EuroVisa, and they are actively working to increase card penetration in Asia, were penetration is only 20%. The cashless society is becoming a reality. An expensive stock, but has a huge growth runway in front of them. Dividend yield of 0.68%.

David Baskin
President, Baskin Wealth Management
Price
$81.870
Owned
Yes
TOP PICK
TOP PICK
October 13, 2016

The largest global supplier of artificial knees and hips. They also do disc back stabilization products as well as titanium teeth. Very well-run company, and trading at a very reasonable valuation. Did a big acquisition of Biomet and they expect $350 million of synergies. Dividend yield of 0.76%.

The largest global supplier of artificial knees and hips. They also do disc back stabilization products as well as titanium teeth. Very well-run company, and trading at a very reasonable valuation. Did a big acquisition of Biomet and they expect $350 million of synergies. Dividend yield of 0.76%.

David Baskin
President, Baskin Wealth Management
Price
$126.910
Owned
Yes