Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
January 5, 2017

This had been hurt. It was poking its head up and was starting to outperform, and then they did an equity issue which hurt them again. He cut his position in half last year. Expects the dividend will come back. As the year goes on, if oil prices stay at the $45-$55 area, the company does a good job at finding oil and bring it on cost effectively. He is going to continue to Hold. It will probably yield between 3% and 4% in dividends.

This had been hurt. It was poking its head up and was starting to outperform, and then they did an equity issue which hurt them again. He cut his position in half last year. Expects the dividend will come back. As the year goes on, if oil prices stay at the $45-$55 area, the company does a good job at finding oil and bring it on cost effectively. He is going to continue to Hold. It will probably yield between 3% and 4% in dividends.

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$18.000
Owned
Yes
COMMENT
COMMENT
January 5, 2017

This is really a call on the auto cycle. 2017 will probably be another year of high sales, but not getting any higher. The stocks are trading like they are consumer cyclicals, and are kind of rolling over. Buying today, he is not sure you are going to make 20% or anything like that.

Magna Int'l. (A) (MG-T)
January 5, 2017

This is really a call on the auto cycle. 2017 will probably be another year of high sales, but not getting any higher. The stocks are trading like they are consumer cyclicals, and are kind of rolling over. Buying today, he is not sure you are going to make 20% or anything like that.

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$59.850
Owned
No
PAST TOP PICK
PAST TOP PICK
January 5, 2017

(A Top Pick Oct 8/15. Down 6.95%.) During this last year, it actually reached $14.50, so it has had a nice recovery. This outperformed when oil companies were getting creamed, because it had the best balance sheet. The attraction is that they have good growth coming. They expand their SAGD operations in the oil sands in chunks, so he believes they have 2, maybe 3 50,000 barrel chunks they can do over the next 3 years or so.

Cenovus Energy (CVE-T)
January 5, 2017

(A Top Pick Oct 8/15. Down 6.95%.) During this last year, it actually reached $14.50, so it has had a nice recovery. This outperformed when oil companies were getting creamed, because it had the best balance sheet. The attraction is that they have good growth coming. They expand their SAGD operations in the oil sands in chunks, so he believes they have 2, maybe 3 50,000 barrel chunks they can do over the next 3 years or so.

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$20.270
Owned
Yes
PAST TOP PICK
PAST TOP PICK
January 5, 2017

(A Top Pick Oct 8/15. Up 8.2%.) This is doing all the right things. They got beaten down with all the other pipeline companies, and have come back significantly over the period. He is looking for dividend increases of 10% in 2017.

Enbridge (ENB-T)
January 5, 2017

(A Top Pick Oct 8/15. Up 8.2%.) This is doing all the right things. They got beaten down with all the other pipeline companies, and have come back significantly over the period. He is looking for dividend increases of 10% in 2017.

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$57.430
Owned
Yes
PAST TOP PICK
PAST TOP PICK
January 5, 2017

(A Top Pick Oct 8/15. Up 31.45%.) If your time horizon is 3-5 years, this would still be a Buy, maybe a 3rd of a position. All the banks will benefit from rising interest rates, because they will be able to expand their margins over time. (See Top Picks.)

Royal Bank (RY-T)
January 5, 2017

(A Top Pick Oct 8/15. Up 31.45%.) If your time horizon is 3-5 years, this would still be a Buy, maybe a 3rd of a position. All the banks will benefit from rising interest rates, because they will be able to expand their margins over time. (See Top Picks.)

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$92.820
Owned
Yes
HOLD
HOLD
January 5, 2017

They’ve done a great job. Just did an acquisition in the US. They are going to increase their dividend 8%-10% per year over the next couple of years. This could come off further with interest rates. He will probably be looking to increase his holdings in utilities over the next 12-18 months.

They’ve done a great job. Just did an acquisition in the US. They are going to increase their dividend 8%-10% per year over the next couple of years. This could come off further with interest rates. He will probably be looking to increase his holdings in utilities over the next 12-18 months.

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$11.220
Owned
No
COMMENT
COMMENT
January 5, 2017

Has a very small position in this. A well-managed company. The Shoppers acquisition is going along very well. Typically, these food retail companies do very well when inflation is going up, so if we get a rise in inflation in the next couple of years, it will be good for them. However, money is coming out of consumer stocks and going into the more commodity oriented stocks.

Has a very small position in this. A well-managed company. The Shoppers acquisition is going along very well. Typically, these food retail companies do very well when inflation is going up, so if we get a rise in inflation in the next couple of years, it will be good for them. However, money is coming out of consumer stocks and going into the more commodity oriented stocks.

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$70.680
Owned
Yes