Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
December 30, 2016

Primarily a generic company, but a much more diversified generic company. They have things in respiratory, oncology, women’s health, etc. The stock has fallen off and is trading at about 6X earnings with a free cash flow yield of about 13%. A great dividend yield of almost 4%. This is a strong franchise in generics, and nobody can compete with them. They have some things in the pipeline that are very good, which will come to fruition and help them. Healthcare is the only sector that has underperformed this year because people are worried about overpricing. With their acquisition, there is also a change in management, so there is a little uncertainty. You should do very well with this over the next several years.

Primarily a generic company, but a much more diversified generic company. They have things in respiratory, oncology, women’s health, etc. The stock has fallen off and is trading at about 6X earnings with a free cash flow yield of about 13%. A great dividend yield of almost 4%. This is a strong franchise in generics, and nobody can compete with them. They have some things in the pipeline that are very good, which will come to fruition and help them. Healthcare is the only sector that has underperformed this year because people are worried about overpricing. With their acquisition, there is also a change in management, so there is a little uncertainty. You should do very well with this over the next several years.

Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$36.250
Owned
Unknown
BUY
BUY
December 30, 2016

Primarily a retail and commercial bank in the UK. The banking industry is changing quite dramatically, but this one has really made an effort to change the way they are thought about. This fell quite dramatically in 2008, and new management came in. A great franchise and thinks it was ahead of itself. You can buy it here and do well over the next little while.

Primarily a retail and commercial bank in the UK. The banking industry is changing quite dramatically, but this one has really made an effort to change the way they are thought about. This fell quite dramatically in 2008, and new management came in. A great franchise and thinks it was ahead of itself. You can buy it here and do well over the next little while.

Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$3.100
Owned
Unknown
COMMENT
COMMENT
December 30, 2016

He owns Brookfield Asset Management (BAM.A-T). There are good opportunities in infrastructure plays in the next little while. There is more and more talk about how the private sector has to work with the public sector. This company is very good at what they do. There are a lot of people involved in infrastructure these days, so you have to be cautious about what they pay to get something.

He owns Brookfield Asset Management (BAM.A-T). There are good opportunities in infrastructure plays in the next little while. There is more and more talk about how the private sector has to work with the public sector. This company is very good at what they do. There are a lot of people involved in infrastructure these days, so you have to be cautious about what they pay to get something.

Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$81.700
Owned
Unknown
COMMENT
COMMENT
December 30, 2016

The dividend yield is good. All these Brookfield companies have the ability to get involved in certain types of projects and are very good at it. When they get involved in projects, you have to look at what they are paying for them and what the return expectations are. Feels these infrastructure plays are going to do well over the next little while, and these types of companies have the ability to get involved and generate some great returns. He prefers Brookfield asset management (BAM.A-T).

The dividend yield is good. All these Brookfield companies have the ability to get involved in certain types of projects and are very good at it. When they get involved in projects, you have to look at what they are paying for them and what the return expectations are. Feels these infrastructure plays are going to do well over the next little while, and these types of companies have the ability to get involved and generate some great returns. He prefers Brookfield asset management (BAM.A-T).

Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$39.850
Owned
No
BUY WEAKNESS
BUY WEAKNESS
December 30, 2016

Bank of America (BAC-N) or Citigroup (C-N)? He prefers this, because they have done a very good job of exiting low margin businesses. Also, they have a very strong retail franchise in the US. They can’t make any more acquisitions, but they can grow organically. The yield curve probably steepens by about 100 basis points. For every hundred basis points steepening in the yield curve, this bank makes $5.3 billion of more revenue. Has a great franchise name in investment banking, a great retail franchise, great commercial and wholesale franchise, and a good wealth management franchise.

Bank of America (BAC-N)
December 30, 2016

Bank of America (BAC-N) or Citigroup (C-N)? He prefers this, because they have done a very good job of exiting low margin businesses. Also, they have a very strong retail franchise in the US. They can’t make any more acquisitions, but they can grow organically. The yield curve probably steepens by about 100 basis points. For every hundred basis points steepening in the yield curve, this bank makes $5.3 billion of more revenue. Has a great franchise name in investment banking, a great retail franchise, great commercial and wholesale franchise, and a good wealth management franchise.

Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$22.100
Owned
Yes
COMMENT
COMMENT
December 30, 2016

Bank of America (BAC-N) or Citigroup (C-N)? He prefers Bank of America because they have done a very good job of exiting low margin businesses. Also, they have a very strong retail franchise in the US.

CitiGroup (C-N)
December 30, 2016

Bank of America (BAC-N) or Citigroup (C-N)? He prefers Bank of America because they have done a very good job of exiting low margin businesses. Also, they have a very strong retail franchise in the US.

Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$59.430
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
December 30, 2016

(A Top Pick Dec 31/15. Down 5.49%.) Sold his holdings well before the split happened. Felt management was not executing as well as they had promised.

(A Top Pick Dec 31/15. Down 5.49%.) Sold his holdings well before the split happened. Felt management was not executing as well as they had promised.

Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$12.460
Owned
No