Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
June 5, 2017

Lloyds (LYG-N) or ING (ING-N)? He would favour this over Lloyds. In the UK, Lloyds has had a big restructuring coming out of the financial crisis, and clearly that is now behind it. The problem is the political and economic uncertainty background in the UK. ING is a terrific business and is a very, very inexpensive stock. Thinks interest rates in Europe are set to go up, which should put the wind at the back of this bank.

ING Groep NV (ING-N)
June 5, 2017

Lloyds (LYG-N) or ING (ING-N)? He would favour this over Lloyds. In the UK, Lloyds has had a big restructuring coming out of the financial crisis, and clearly that is now behind it. The problem is the political and economic uncertainty background in the UK. ING is a terrific business and is a very, very inexpensive stock. Thinks interest rates in Europe are set to go up, which should put the wind at the back of this bank.

Jim McGovern
CEO, Arrow Capital Management
Price
$16.840
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
June 5, 2017

(A Top Pick Oct 3/16. Up 35%.) This is firing on all cylinders. The lithium market is a market that is underappreciated, both from the constraint/supply side and the expectations on the demand side. Lithium is very much an Asian story, and probably is why this company has been undervalued for quite some time. Still a Buy.

(A Top Pick Oct 3/16. Up 35%.) This is firing on all cylinders. The lithium market is a market that is underappreciated, both from the constraint/supply side and the expectations on the demand side. Lithium is very much an Asian story, and probably is why this company has been undervalued for quite some time. Still a Buy.

Jim McGovern
CEO, Arrow Capital Management
Price
$113.610
Owned
Yes
PAST TOP PICK
PAST TOP PICK
June 5, 2017

(A Top Pick Oct 3/16. Up 14%.) *Short* At the end of the day, all retailers are going to suffer the same fate from the Amazon (AMZN-Q) affect. A cheap stock, but a bit of a value trap. He covered his Short on the earnings disappointment, but would look to re-Short if it bounced materially from here.

Foot Locker (FL-N)
June 5, 2017

(A Top Pick Oct 3/16. Up 14%.) *Short* At the end of the day, all retailers are going to suffer the same fate from the Amazon (AMZN-Q) affect. A cheap stock, but a bit of a value trap. He covered his Short on the earnings disappointment, but would look to re-Short if it bounced materially from here.

Jim McGovern
CEO, Arrow Capital Management
Price
$57.600
Owned
No
PAST TOP PICK
PAST TOP PICK
June 5, 2017

(A Top Pick Oct 3/16. Down 3%.) You have to own gold all the time. It’s a form of currency and a proxy to the US$, which he thinks is bottoming out. Has reduced his gold exposure materially, but always has some on.

(A Top Pick Oct 3/16. Down 3%.) You have to own gold all the time. It’s a form of currency and a proxy to the US$, which he thinks is bottoming out. Has reduced his gold exposure materially, but always has some on.

Jim McGovern
CEO, Arrow Capital Management
Price
$121.730
Owned
Yes
COMMENT
COMMENT
June 5, 2017

Investing in Ireland? This is an iShares ETF for Ireland, which will give you a diversified basket of stocks. The Irish economy is a little like the Canadian economy, a small market, basically financial, building, construction and agriculture. He wouldn’t make this a cornerstone of a portfolio.

Investing in Ireland? This is an iShares ETF for Ireland, which will give you a diversified basket of stocks. The Irish economy is a little like the Canadian economy, a small market, basically financial, building, construction and agriculture. He wouldn’t make this a cornerstone of a portfolio.

Jim McGovern
CEO, Arrow Capital Management
Price
$44.330
Owned
Unknown
BUY
BUY
June 5, 2017

One of the finest alternative asset management teams globally. By buying the top company, you are getting investment stakes in all the different subsidiaries. Good management.

One of the finest alternative asset management teams globally. By buying the top company, you are getting investment stakes in all the different subsidiaries. Good management.

Jim McGovern
CEO, Arrow Capital Management
Price
$51.470
Owned
Yes
COMMENT
COMMENT
June 5, 2017

The biggest bank in Germany, so there is no way this would ever be put into receivership. The government would step in. Despite that, it is a very risky bank. They have multiples and multiples of their BV in all kinds of strange things. It’s like J.P. Morgan (JPM-N) on steroids. They are a massive player in the capital markets and the banking markets globally. He would prefer using a broader basket of banks through an ETF like iShares MSCI Europe Financial (EUFN-Q).

The biggest bank in Germany, so there is no way this would ever be put into receivership. The government would step in. Despite that, it is a very risky bank. They have multiples and multiples of their BV in all kinds of strange things. It’s like J.P. Morgan (JPM-N) on steroids. They are a massive player in the capital markets and the banking markets globally. He would prefer using a broader basket of banks through an ETF like iShares MSCI Europe Financial (EUFN-Q).

Jim McGovern
CEO, Arrow Capital Management
Price
$17.500
Owned
Yes