Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
January 20, 2017

Provides railway ties for railroads, and utility poles for North American utilities. Some of the major class 1 railroads have reduced their CapX. This company is one of the main suppliers, and railroads have to maintain their networks. Expects their business will come back in the 2nd half of 2017. He likes the company. Very strong management. They have a history of growing their dividends.

Stella-Jones Inc. (SJ-T)
January 20, 2017

Provides railway ties for railroads, and utility poles for North American utilities. Some of the major class 1 railroads have reduced their CapX. This company is one of the main suppliers, and railroads have to maintain their networks. Expects their business will come back in the 2nd half of 2017. He likes the company. Very strong management. They have a history of growing their dividends.

Michael Simpson, CFA
Senior Vice-President, Sentry Investments
Price
$38.780
Owned
Yes
COMMENT
COMMENT
January 20, 2017

Extendicare (EXE-T) or Chartwell seniors housing (CSH.UN-T)? Both are in the retirement space. Not sure how extensive they are in the US. If he had to buy one, it would be Chartwell. Dividend yield of 4.7%.

Extendicare Inc (EXE-T)
January 20, 2017

Extendicare (EXE-T) or Chartwell seniors housing (CSH.UN-T)? Both are in the retirement space. Not sure how extensive they are in the US. If he had to buy one, it would be Chartwell. Dividend yield of 4.7%.

Michael Simpson, CFA
Senior Vice-President, Sentry Investments
Price
$10.200
Owned
No
COMMENT
COMMENT
January 20, 2017

Extendicare (EXE-T) or Chartwell seniors housing (CSH.UN-T)? Both are in the retirement space. This has been around for a long time. They had US operations, but sold them. Very focused on different levels of care, independent, semi-independent and full care. If he had to buy one, it would be this one.

Extendicare (EXE-T) or Chartwell seniors housing (CSH.UN-T)? Both are in the retirement space. This has been around for a long time. They had US operations, but sold them. Very focused on different levels of care, independent, semi-independent and full care. If he had to buy one, it would be this one.

Michael Simpson, CFA
Senior Vice-President, Sentry Investments
Price
$14.540
Owned
No
COMMENT
COMMENT
January 20, 2017

The parent company of Loblaws, the largest grocer in Canada. The majority of NAV comes from Loblaws. They still have a small bakery division in both Canada and the US. He would look for news on Loblaws that would drive this stock. Finds this quite cheap compared to the value of Loblaws and the bakeries.

George Weston Ltd. (WN-T)
January 20, 2017

The parent company of Loblaws, the largest grocer in Canada. The majority of NAV comes from Loblaws. They still have a small bakery division in both Canada and the US. He would look for news on Loblaws that would drive this stock. Finds this quite cheap compared to the value of Loblaws and the bakeries.

Michael Simpson, CFA
Senior Vice-President, Sentry Investments
Price
$114.250
Owned
Unknown
WAIT
WAIT
January 20, 2017

There is a lot of supply of potash. Demand is not very robust, so he is not very enthusiastic about the commodity. The merger with Agrium (AGU-T) will create a much bigger company, with a decent distribution arm. It will also give them nitrogen. Demand for most of the farm chemical input is not that strong.

There is a lot of supply of potash. Demand is not very robust, so he is not very enthusiastic about the commodity. The merger with Agrium (AGU-T) will create a much bigger company, with a decent distribution arm. It will also give them nitrogen. Demand for most of the farm chemical input is not that strong.

Michael Simpson, CFA
Senior Vice-President, Sentry Investments
Price
$25.230
Owned
Unknown
COMMENT
COMMENT
January 20, 2017

Facilitates cargo transportation across Canada, mostly at night. There are rules in Canada as to what the large US companies can do. If you want something to go from Toronto to Vancouver, it will be this company that will probably do it. They have grown their business with UPS, and have one business with Canada Post. An excellent company and well-run.

Cargojet Inc (CJT-T)
January 20, 2017

Facilitates cargo transportation across Canada, mostly at night. There are rules in Canada as to what the large US companies can do. If you want something to go from Toronto to Vancouver, it will be this company that will probably do it. They have grown their business with UPS, and have one business with Canada Post. An excellent company and well-run.

Michael Simpson, CFA
Senior Vice-President, Sentry Investments
Price
$47.460
Owned
Yes
COMMENT
COMMENT
January 20, 2017

The best rail in North America. Lowest operating ratio and generates a lot of free cash flow. Very customer focused. It continues having good growth. They don’t haul a lot of coal or oil, but incrementally that could be positive. He expects them to continue giving best class execution and continued dividend growth.

The best rail in North America. Lowest operating ratio and generates a lot of free cash flow. Very customer focused. It continues having good growth. They don’t haul a lot of coal or oil, but incrementally that could be positive. He expects them to continue giving best class execution and continued dividend growth.

Michael Simpson, CFA
Senior Vice-President, Sentry Investments
Price
$93.450
Owned
Yes