Latest Expert Opinions

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
December 29, 2016

(Top Pick Sep 8/16, Up 9.07%) There is still upside on their multiple. They are still growing on the fee side of the business – fuel cards and so on. The dividend is sending a signal about the stability of this business. He thinks they will increase the dividend by at least 10% in the first few weeks of 2017.

(Top Pick Sep 8/16, Up 9.07%) There is still upside on their multiple. They are still growing on the fee side of the business – fuel cards and so on. The dividend is sending a signal about the stability of this business. He thinks they will increase the dividend by at least 10% in the first few weeks of 2017.

Steve Belisle
Senior Portfolio Manager & Managing Director, Manulife Asset Management
Price
$12.360
Owned
Yes
PAST TOP PICK
PAST TOP PICK
December 29, 2016

(Top Pick Sep 8/16, Up 12.33%) It is possible you will get near term down side if there is a correction in the market. From here there is decent upside over the long term. He believes it is a business that will grow over the next couple of years regardless of Trump.

Stantec Inc (STN-T)
December 29, 2016

(Top Pick Sep 8/16, Up 12.33%) It is possible you will get near term down side if there is a correction in the market. From here there is decent upside over the long term. He believes it is a business that will grow over the next couple of years regardless of Trump.

Steve Belisle
Senior Portfolio Manager & Managing Director, Manulife Asset Management
Price
$34.390
Owned
Yes
PAST TOP PICK
PAST TOP PICK
December 29, 2016

(Top Pick Sep 8/16, Down 23.43%) Operationally nothing has gone wrong and they keep executing. There has been general pressure on consumer staples stocks. This is a company with high debt. He thought they would pay down debt over time. They are not financially distressed and nothing has changed operationally.

Cott Corp (BCB-T)
December 29, 2016

(Top Pick Sep 8/16, Down 23.43%) Operationally nothing has gone wrong and they keep executing. There has been general pressure on consumer staples stocks. This is a company with high debt. He thought they would pay down debt over time. They are not financially distressed and nothing has changed operationally.

Steve Belisle
Senior Portfolio Manager & Managing Director, Manulife Asset Management
Price
$15.460
Owned
Yes
BUY
BUY
December 29, 2016

US banks stand to benefit from the political reforms. They have a lot to gain because they are the most harshly regulated. Lower corporate tax rates will help them. He would expect faster dividend growth that you have normally seen as well as share buy backs. A lot of good things are already price in, however. Weak economic data is their biggest risk.

Bank of America (BAC-N)
December 29, 2016

US banks stand to benefit from the political reforms. They have a lot to gain because they are the most harshly regulated. Lower corporate tax rates will help them. He would expect faster dividend growth that you have normally seen as well as share buy backs. A lot of good things are already price in, however. Weak economic data is their biggest risk.

Steve Belisle
Senior Portfolio Manager & Managing Director, Manulife Asset Management
Price
$22.000
Owned
Unknown
DON'T BUY
DON'T BUY
December 29, 2016

It needs a lot of capital to maintain its production. They have to spend a lot of money to stand still and the dividend takes a lot to sustain. They have built a pretty good foot print and he has to give them credit for that.

It needs a lot of capital to maintain its production. They have to spend a lot of money to stand still and the dividend takes a lot to sustain. They have built a pretty good foot print and he has to give them credit for that.

Steve Belisle
Senior Portfolio Manager & Managing Director, Manulife Asset Management
Price
$18.390
Owned
Unknown
BUY
BUY
December 29, 2016

A company he really likes. The growth is driven mostly by acquisitions. There is lots of room in the industry. They still have room to grow.

A company he really likes. The growth is driven mostly by acquisitions. There is lots of room in the industry. They still have room to grow.

Steve Belisle
Senior Portfolio Manager & Managing Director, Manulife Asset Management
Price
$68.880
Owned
Yes
DON'T BUY
DON'T BUY
December 29, 2016

They have re-executed the company and done well at it. They have a safe yield that grows and should continue to do so. It is a low risk investment. He prefers RCI.B-T and T-T given the valuation and growth prospects. The sector is vulnerable to rising interest rates and so is not a preferred sector.

BCE Inc. (BCE-T)
December 29, 2016

They have re-executed the company and done well at it. They have a safe yield that grows and should continue to do so. It is a low risk investment. He prefers RCI.B-T and T-T given the valuation and growth prospects. The sector is vulnerable to rising interest rates and so is not a preferred sector.

Steve Belisle
Senior Portfolio Manager & Managing Director, Manulife Asset Management
Price
$58.340
Owned
Unknown