Latest Expert Opinions

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
January 9, 2017

(Top Pick Sep 6/16, Flat) Anytime you break $40 or $30 for oil then you buy oil stocks. Every time oil got into the low $50s he got cautious and accumulated cash.

CASH (CASH)
January 9, 2017

(Top Pick Sep 6/16, Flat) Anytime you break $40 or $30 for oil then you buy oil stocks. Every time oil got into the low $50s he got cautious and accumulated cash.

Josef Schachter
President, Schachter Asset Management
Price
$0.010
Owned
Yes
WAIT
WAIT
January 9, 2017

It has done very, very well. They have sold non-core assets. They repaired their balance sheet. He was suggesting to take profits about a week ago. They will be impacted by lower oil prices in the next couple of quarters.

Enerplus Corp (ERF-T)
January 9, 2017

It has done very, very well. They have sold non-core assets. They repaired their balance sheet. He was suggesting to take profits about a week ago. They will be impacted by lower oil prices in the next couple of quarters.

Josef Schachter
President, Schachter Asset Management
Price
$11.760
Owned
Unknown
WAIT
WAIT
January 9, 2017

They lowered their costs. They are big in Alberta and Saskatchewan as well as the US. They were a very good hedger. Their hedge for Q1 and Q2 will put them in a good position if the price of oil goes down in Q1 and Q2 of this year. The company is shrinking because of the lack of Cap-X. They have to build to replace declines. Buy after an oil price decline. The market now wants to see them grow by drilling.

They lowered their costs. They are big in Alberta and Saskatchewan as well as the US. They were a very good hedger. Their hedge for Q1 and Q2 will put them in a good position if the price of oil goes down in Q1 and Q2 of this year. The company is shrinking because of the lack of Cap-X. They have to build to replace declines. Buy after an oil price decline. The market now wants to see them grow by drilling.

Josef Schachter
President, Schachter Asset Management
Price
$17.120
Owned
Unknown
WATCH
WATCH
January 9, 2017

Have done exceedingly well. Book value is $24.05. It got down to below book value last year. They were impacted by the problems in Fort McMurray. Volumes will be coming back from their oil sands business. This stock is impacted when the market gets nervous about the price of oil. They need to start generating the free cash flow they are talking about and to pay down debt. He thinks they will go to the acquisitions trail again in the future.

Have done exceedingly well. Book value is $24.05. It got down to below book value last year. They were impacted by the problems in Fort McMurray. Volumes will be coming back from their oil sands business. This stock is impacted when the market gets nervous about the price of oil. They need to start generating the free cash flow they are talking about and to pay down debt. He thinks they will go to the acquisitions trail again in the future.

Josef Schachter
President, Schachter Asset Management
Price
$41.820
Owned
Unknown
DON'T BUY
DON'T BUY
January 9, 2017

They did a number of acquisitions last year. The stock is now ahead of itself because he thinks they paid too much for their last acquisition.

They did a number of acquisitions last year. The stock is now ahead of itself because he thinks they paid too much for their last acquisition.

Josef Schachter
President, Schachter Asset Management
Price
$3.470
Owned
Yes
WAIT
WAIT
January 9, 2017

It is able to raise equity at a significant premium to book value. Management is first class. If there is a correction to the price of oil, then this is a high beta stock. He thinks you may be able to buy the stock below $30 in the next quarter or so.

It is able to raise equity at a significant premium to book value. Management is first class. If there is a correction to the price of oil, then this is a high beta stock. He thinks you may be able to buy the stock below $30 in the next quarter or so.

Josef Schachter
President, Schachter Asset Management
Price
$32.370
Owned
Unknown
WAIT
WAIT
January 9, 2017

This is the goto name, the largest cap name and one that Americans love to own. Fort Hills is just being finished up and will give them a bounce in the volume this year. They have done a very good job of driving costs down. If we break $40 oil then you will have another great purchasing opportunity.

Suncor Energy Inc (SU-T)
January 9, 2017

This is the goto name, the largest cap name and one that Americans love to own. Fort Hills is just being finished up and will give them a bounce in the volume this year. They have done a very good job of driving costs down. If we break $40 oil then you will have another great purchasing opportunity.

Josef Schachter
President, Schachter Asset Management
Price
$43.490
Owned
Unknown