Latest Expert Opinions

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
December 30, 2016

(A Top Pick Dec 31/15. Up 15.82%.) Sold his holdings as he felt it had run up a lot, and he had found other opportunities. You can’t go wrong owning this, but he just wanted to put money someplace else.

Johnson & Johnson (JNJ-N)
December 30, 2016

(A Top Pick Dec 31/15. Up 15.82%.) Sold his holdings as he felt it had run up a lot, and he had found other opportunities. You can’t go wrong owning this, but he just wanted to put money someplace else.

Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$115.210
Owned
No
PAST TOP PICK
PAST TOP PICK
December 30, 2016

(A Top Pick Dec 31/15. Up 23.69%.) He really likes this company. They have cut costs a lot. Heinz had this great global distribution franchise and Kraft didn’t, so he is looking for them to move a lot of the Kraft products through that. Also, Kraft had some terrible Return on Capital products, so bringing down the number of products is going to help. Also feels they will make a bigger acquisition, possibly a year from now.

Kraft Heinz Company (KHC-Q)
December 30, 2016

(A Top Pick Dec 31/15. Up 23.69%.) He really likes this company. They have cut costs a lot. Heinz had this great global distribution franchise and Kraft didn’t, so he is looking for them to move a lot of the Kraft products through that. Also, Kraft had some terrible Return on Capital products, so bringing down the number of products is going to help. Also feels they will make a bigger acquisition, possibly a year from now.

Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$87.320
Owned
Yes
BUY WEAKNESS
BUY WEAKNESS
December 30, 2016

Doesn’t own any of the insurance companies. They’ve done well in the last little while because of what has happened with interest rates. If we continue to see this kind of interest rate environment, they will continue to do well. You probably want to wait for a pullback before buying.

Doesn’t own any of the insurance companies. They’ve done well in the last little while because of what has happened with interest rates. If we continue to see this kind of interest rate environment, they will continue to do well. You probably want to wait for a pullback before buying.

Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$53.390
Owned
No
DON'T BUY
DON'T BUY
December 30, 2016

Doesn’t really like these kinds of stocks. Retail is very tough. They’ve done a great job with their stores. Amazon (AMZ-Q) is doing a great job of taking away their business. Thinks people own this for the real estate.

Hudson Bay Co. (HBC-T)
December 30, 2016

Doesn’t really like these kinds of stocks. Retail is very tough. They’ve done a great job with their stores. Amazon (AMZ-Q) is doing a great job of taking away their business. Thinks people own this for the real estate.

Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$13.190
Owned
No
BUY
BUY
December 30, 2016

A very interesting Danish company. They have about 50% of the volume market share in insulin. The diabetes market is about $45 billion, and they basically have 28% market share. On top of that, they have done a very good job of making it easier to use their products. Trading at 16X earnings, and used to trade at 30X. The stock has fallen a lot, and diabetes is a growing problem, particularly in North America. Dividend yield of about 2.5%.

Novo-Nordisk (NVO-N)
December 30, 2016

A very interesting Danish company. They have about 50% of the volume market share in insulin. The diabetes market is about $45 billion, and they basically have 28% market share. On top of that, they have done a very good job of making it easier to use their products. Trading at 16X earnings, and used to trade at 30X. The stock has fallen a lot, and diabetes is a growing problem, particularly in North America. Dividend yield of about 2.5%.

Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$35.860
Owned
Unknown
COMMENT
COMMENT
December 30, 2016

The operational part of the business has really moved to the US, as the company wanted to get more US contracts to be part of the US aerospace/defence, but you needed to actually be a registered company there, so they split the company. When they need to raise capital, they will do it in Canada. Part of the problem is, everybody is under security to not talk, so you don’t know what is going on. Also, the satellite business is very tough, because there are too many satellites being put up.

Maxar Technologies (MAXR-T)
December 30, 2016

The operational part of the business has really moved to the US, as the company wanted to get more US contracts to be part of the US aerospace/defence, but you needed to actually be a registered company there, so they split the company. When they need to raise capital, they will do it in Canada. Part of the problem is, everybody is under security to not talk, so you don’t know what is going on. Also, the satellite business is very tough, because there are too many satellites being put up.

Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$66.890
Owned
No
DON'T BUY
DON'T BUY
December 30, 2016

This is under a lot of pressure. One of the problems with a company like this is that analysts are using EBITDA, and for companies like this they should be using free cash. Thinks this is what caused a lot of the disaster. Doesn’t see any reason why you need to own this.

This is under a lot of pressure. One of the problems with a company like this is that analysts are using EBITDA, and for companies like this they should be using free cash. Thinks this is what caused a lot of the disaster. Doesn’t see any reason why you need to own this.

Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$19.470
Owned
No