Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
March 7, 2017

A good quality company, but the problem he has with yield is that we are entering period where we are going to have a rate raise in the US next week. If that is true, utilities are probably the sector that he would avoid most, especially in the US. He would look at a US pipeline instead, or even a telco.

Duke Energy (DUK-N)
March 7, 2017

A good quality company, but the problem he has with yield is that we are entering period where we are going to have a rate raise in the US next week. If that is true, utilities are probably the sector that he would avoid most, especially in the US. He would look at a US pipeline instead, or even a telco.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$81.690
Owned
Unknown
COMMENT
COMMENT
March 7, 2017

An excellent company, but unfortunately like any commodity company, it is going to move around a lot with the commodity. Doesn’t see much upside, so wouldn’t add any money to this, and perhaps even take some off.

Methanex Corp (MX-T)
March 7, 2017

An excellent company, but unfortunately like any commodity company, it is going to move around a lot with the commodity. Doesn’t see much upside, so wouldn’t add any money to this, and perhaps even take some off.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$65.670
Owned
Unknown
HOLD
HOLD
March 7, 2017

An excellent company. He would recommend you Hold or perhaps even buy more on a pullback. There is some risk with a border adjusted tax, but that is probably not going to happen, or at least not the way people are looking at it right now. A great company with a good service offering.

Shopify Inc. (SHOP-T)
March 7, 2017

An excellent company. He would recommend you Hold or perhaps even buy more on a pullback. There is some risk with a border adjusted tax, but that is probably not going to happen, or at least not the way people are looking at it right now. A great company with a good service offering.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$80.760
Owned
Unknown
COMMENT
COMMENT
March 7, 2017

This is a pretty good railroad, but it has had a heck of a move, so it is hard to be super excited about adding new money to it. Expects Hunter Harrison will get the compensation package he is asking for.

CSX Corp (CSX-Q)
March 7, 2017

This is a pretty good railroad, but it has had a heck of a move, so it is hard to be super excited about adding new money to it. Expects Hunter Harrison will get the compensation package he is asking for.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$48.440
Owned
Unknown
SELL
SELL
March 7, 2017

Not a bad company, it just that you have a market that is oversupplied. You have had supplier discipline going out the window over the last number of years. A good company and there will be a time when you want to have a good position in this, but now is not the time.

Not a bad company, it just that you have a market that is oversupplied. You have had supplier discipline going out the window over the last number of years. A good company and there will be a time when you want to have a good position in this, but now is not the time.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$22.930
Owned
Unknown
TOP PICK
TOP PICK
March 7, 2017

This is cheap, trading at roughly 13X versus the S&P at 17.4X. It has a free cash flow yield of roughly 8% plus a pretty good dividend yield of 2.56%. It is going to grow its dividend probably in the 10%-15% range. The stock is undervalued and underloved. It has held up really well despite all the tweets and all the other things going on. It is a biotech company, but it is one of the best and certainly one of the biggest. (Analysts’ price target is $189.50.)

Amgen Inc. (AMGN-Q)
March 7, 2017

This is cheap, trading at roughly 13X versus the S&P at 17.4X. It has a free cash flow yield of roughly 8% plus a pretty good dividend yield of 2.56%. It is going to grow its dividend probably in the 10%-15% range. The stock is undervalued and underloved. It has held up really well despite all the tweets and all the other things going on. It is a biotech company, but it is one of the best and certainly one of the biggest. (Analysts’ price target is $189.50.)

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$177.380
Owned
Yes
TOP PICK
TOP PICK
March 7, 2017

*Short*. A good company, the largest retailer in the world, but that is one of the problems. How do you grow, especially when growth is 56% of your business. You have everything from organic producers to super discounters fighting you. It is hard for them to move the needle and increase their margins. They’ve been trying to ratchet down street expectations by 15%-20% over a multiyear period. Their consumer is predominantly lower and middle class consumers, who are more impacted by gas prices and probably not going to benefit from Trump’s rhetoric of “America First”. Dividend yield of 2.92%. (Analysts’ price target is $73.00.)

Walmart Inc (WMT-N)
March 7, 2017

*Short*. A good company, the largest retailer in the world, but that is one of the problems. How do you grow, especially when growth is 56% of your business. You have everything from organic producers to super discounters fighting you. It is hard for them to move the needle and increase their margins. They’ve been trying to ratchet down street expectations by 15%-20% over a multiyear period. Their consumer is predominantly lower and middle class consumers, who are more impacted by gas prices and probably not going to benefit from Trump’s rhetoric of “America First”. Dividend yield of 2.92%. (Analysts’ price target is $73.00.)

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$69.870
Owned
Yes