Latest Expert Opinions

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
March 1, 2017

(A Top Pick March 28/16. Up 6%.) Recently made a big acquisition of Buy which manufactures antioxidant drinks and other healthy drinks. They are trying to get away from the sodas. It was an expensive acquisition. He likes their distribution network. They have thousands of trucks to deliver their products to stores across North America, and are able to take on other brands for other companies, getting a royalty. A big dividend raiser every year. This is still a Buy.

(A Top Pick March 28/16. Up 6%.) Recently made a big acquisition of Buy which manufactures antioxidant drinks and other healthy drinks. They are trying to get away from the sodas. It was an expensive acquisition. He likes their distribution network. They have thousands of trucks to deliver their products to stores across North America, and are able to take on other brands for other companies, getting a royalty. A big dividend raiser every year. This is still a Buy.

Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$93.280
Owned
Yes
PAST TOP PICK
PAST TOP PICK
March 1, 2017

(A Top Pick March 28/16. Up 1%.) This had an amazing 2015, but 2016 not so much, although fundamentals have been very strong. They transformed their business in the last 6 months. Made an acquisition of Rugby. They used to only sell flooring and value added hardwood lumber goods, but now it has thousands of skews of different products such as commercial real estate, construction, etc. mainly in the US. This is still a Buy.

(A Top Pick March 28/16. Up 1%.) This had an amazing 2015, but 2016 not so much, although fundamentals have been very strong. They transformed their business in the last 6 months. Made an acquisition of Rugby. They used to only sell flooring and value added hardwood lumber goods, but now it has thousands of skews of different products such as commercial real estate, construction, etc. mainly in the US. This is still a Buy.

Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$16.750
Owned
Yes
PAST TOP PICK
PAST TOP PICK
March 1, 2017

(A Top Pick March 28/16. Up 13%.) This is into executive recruiting and they made an acquisition to try and diversify to doing pension and salary consulting. Very cheap valuation, and he would add to holdings here.

(A Top Pick March 28/16. Up 13%.) This is into executive recruiting and they made an acquisition to try and diversify to doing pension and salary consulting. Very cheap valuation, and he would add to holdings here.

Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$31.380
Owned
Yes
BUY
BUY
March 1, 2017

This is going to make a lot of money whether 18 or 17 million cars are sold, because they are generating so much free cash flow. They are buying back stock, making acquisitions, raising dividends, and they have pricing power. There is no question that the big growth is over, but it was only the come-back from 2009. This is not priced to perfection, trading at only 7X earnings. They have a lot of opportunity as the world goes more electric and autonomous cars. A good interesting hold here.

This is going to make a lot of money whether 18 or 17 million cars are sold, because they are generating so much free cash flow. They are buying back stock, making acquisitions, raising dividends, and they have pricing power. There is no question that the big growth is over, but it was only the come-back from 2009. This is not priced to perfection, trading at only 7X earnings. They have a lot of opportunity as the world goes more electric and autonomous cars. A good interesting hold here.

Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$58.000
Owned
Unknown
HOLD
HOLD
March 1, 2017

You’re not going to get the same type of upside that it had from $150 to the current price. But they are going to make hay while the sun is shining. If Donald Trump has his way, this could be 3 or 4 pretty good years for US financials. (He has a better idea for a Canadian financial.) (See Top Picks.)

Goldman Sachs (GS-N)
March 1, 2017

You’re not going to get the same type of upside that it had from $150 to the current price. But they are going to make hay while the sun is shining. If Donald Trump has his way, this could be 3 or 4 pretty good years for US financials. (He has a better idea for a Canadian financial.) (See Top Picks.)

Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$252.710
Owned
Yes
BUY
BUY
March 1, 2017

This is a business that people need to have exposure to. His clients own a similar company, Zimmer Biomet (ZBH-N) which manufactures replacements for hips, knees, and they do stuff for your back, dental. This is a business that unfortunately is going to do well as people age and live longer and wear out their useful parts. Hips and knee replacements is going to grow at a significant rate, and there are only a few companies that manufacture these things.

Stryker Corp. (SYK-N)
March 1, 2017

This is a business that people need to have exposure to. His clients own a similar company, Zimmer Biomet (ZBH-N) which manufactures replacements for hips, knees, and they do stuff for your back, dental. This is a business that unfortunately is going to do well as people age and live longer and wear out their useful parts. Hips and knee replacements is going to grow at a significant rate, and there are only a few companies that manufacture these things.

Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$131.050
Owned
No
COMMENT
COMMENT
March 1, 2017

Sold his holdings when Burger King merged with Tim Hortons, as he was concerned about the debt levels. The valuation on all these fast food companies is sky-high. As a value investor, it is very hard for him to pay these prices where there is not a lot of growth. They get growth by cost cutting. If he ever saw a material pullback, he would definitely take a look again.

Sold his holdings when Burger King merged with Tim Hortons, as he was concerned about the debt levels. The valuation on all these fast food companies is sky-high. As a value investor, it is very hard for him to pay these prices where there is not a lot of growth. They get growth by cost cutting. If he ever saw a material pullback, he would definitely take a look again.

Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$73.240
Owned
No