Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
December 28, 2016

Railway ties and telephone poles. Pressure-treated wood for specialty uses. This is on his radar. He would potentially like to own this. It hasn’t participated in this market. A cyclical business and is dependent on spending by rails and utilities which has slowed down a bit. Valuation is getting more in line to where he would be interested.

Stella-Jones Inc. (SJ-T)
December 28, 2016

Railway ties and telephone poles. Pressure-treated wood for specialty uses. This is on his radar. He would potentially like to own this. It hasn’t participated in this market. A cyclical business and is dependent on spending by rails and utilities which has slowed down a bit. Valuation is getting more in line to where he would be interested.

Norman Levine
Managing Director, Portfolio Management Corp
Price
$43.420
Owned
No
COMMENT
COMMENT
December 28, 2016

Owns this in some income accounts. An oil stock with a lot of its assets outside of North America. They are really good at finding properties in good political markets, but just not in North America. Dividend yield of 4.5%.

Owns this in some income accounts. An oil stock with a lot of its assets outside of North America. They are really good at finding properties in good political markets, but just not in North America. Dividend yield of 4.5%.

Norman Levine
Managing Director, Portfolio Management Corp
Price
$56.820
Owned
Yes
BUY
BUY
December 28, 2016

This has not been performing in this market, and he bought some just recently. Thinks the outlook is quite good. Believes it is the biggest restaurant operator in Canada. Have significant operations in Alberta which has been hurt by the fall in energy prices, as well as Fort McMurray. They made a significant acquisition this year of the St Hubert operations in Québec, which will pay off in spades in the long run.

This has not been performing in this market, and he bought some just recently. Thinks the outlook is quite good. Believes it is the biggest restaurant operator in Canada. Have significant operations in Alberta which has been hurt by the fall in energy prices, as well as Fort McMurray. They made a significant acquisition this year of the St Hubert operations in Québec, which will pay off in spades in the long run.

Norman Levine
Managing Director, Portfolio Management Corp
Price
$24.570
Owned
Yes
DON'T BUY
DON'T BUY
December 28, 2016

He has been favouring regional banks over big US banks. This one has been underperforming most of the others because of the controversy over its selling practices. There is a lot of negative headlines, which will probably blow over in the long run, but for now there are better ones in the US and Canada.

Wells Fargo (WFC-N)
December 28, 2016

He has been favouring regional banks over big US banks. This one has been underperforming most of the others because of the controversy over its selling practices. There is a lot of negative headlines, which will probably blow over in the long run, but for now there are better ones in the US and Canada.

Norman Levine
Managing Director, Portfolio Management Corp
Price
$55.320
Owned
No
HOLD
HOLD
December 28, 2016

This is on his radar. The auto cycle in North America looks a little bit long in the tooth, but in Europe and other parts of the world things are looking up. This company does a lot of business in Europe. The company has plants throughout North America, a lot of them in Mexico.

Magna Int'l. (A) (MG-T)
December 28, 2016

This is on his radar. The auto cycle in North America looks a little bit long in the tooth, but in Europe and other parts of the world things are looking up. This company does a lot of business in Europe. The company has plants throughout North America, a lot of them in Mexico.

Norman Levine
Managing Director, Portfolio Management Corp
Price
$59.090
Owned
No
HOLD
HOLD
December 28, 2016

This company has a solid outlook, both in Canada and in the US where it is expanding. It hasn’t raised its dividend, but has publicized a range for earnings where it would raise its dividend, and it is right at the bottom of that range. As long as earnings are going to continue on an uptrend, he would think it should be raising its dividend anytime now. Dividend yield of 4.7%.

Morneau Shepell Inc (MSI-T)
December 28, 2016

This company has a solid outlook, both in Canada and in the US where it is expanding. It hasn’t raised its dividend, but has publicized a range for earnings where it would raise its dividend, and it is right at the bottom of that range. As long as earnings are going to continue on an uptrend, he would think it should be raising its dividend anytime now. Dividend yield of 4.7%.

Norman Levine
Managing Director, Portfolio Management Corp
Price
$19.170
Owned
Yes
PAST TOP PICK
PAST TOP PICK
December 28, 2016

(A Top Pick Nov 27/15. Up 37.07%.) Excavation by hydraulics. In recent years, it has been moving into the US. They are the biggest in the business. Has moved significantly away from energy and into excavation for municipalities, pipeline companies, and electric utilities, etc.

Badger Daylighting (BAD-T)
December 28, 2016

(A Top Pick Nov 27/15. Up 37.07%.) Excavation by hydraulics. In recent years, it has been moving into the US. They are the biggest in the business. Has moved significantly away from energy and into excavation for municipalities, pipeline companies, and electric utilities, etc.

Norman Levine
Managing Director, Portfolio Management Corp
Price
$32.790
Owned
Yes