Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
July 4, 2017

This is silver. Higher rates, in the US in particular, are probably a negative for silver and gold. Had owned this in the past but sold it near $20. Doesn’t like the group.

This is silver. Higher rates, in the US in particular, are probably a negative for silver and gold. Had owned this in the past but sold it near $20. Doesn’t like the group.

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$10.940
Owned
No
HOLD
HOLD
July 4, 2017

Of Canadian tech stocks, this one would be right at the top. Not particularly cheap. He tends to get his tech exposure in the US, where there is more variation.

Of Canadian tech stocks, this one would be right at the top. Not particularly cheap. He tends to get his tech exposure in the US, where there is more variation.

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$65.580
Owned
Unknown
COMMENT
COMMENT
July 4, 2017

A levered way to play Canadian banks. When oil prices go down, this bank goes down more than it should. If you think oil prices are near their bottom, and he does, as they go up, this bank will catch up. This could be a really good levered play. Be careful, because if oil were to go back down to $40, this bank goes down.

A levered way to play Canadian banks. When oil prices go down, this bank goes down more than it should. If you think oil prices are near their bottom, and he does, as they go up, this bank will catch up. This could be a really good levered play. Be careful, because if oil were to go back down to $40, this bank goes down.

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$27.860
Owned
Unknown
COMMENT
COMMENT
July 4, 2017

Warren Buffett knows his name adds credibility, and this company needed credibility, so him going into this was a perfect match. BV, diluted for the 1st tranche, is about $19. It is very levered. He would rather sleep at night and own a bank than he would this.

Warren Buffett knows his name adds credibility, and this company needed credibility, so him going into this was a perfect match. BV, diluted for the 1st tranche, is about $19. It is very levered. He would rather sleep at night and own a bank than he would this.

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$17.000
Owned
No
HOLD
HOLD
July 4, 2017

One of his top picks has better bottom line growth. This is not in a terrible industry and does have some growth, so he thinks it is okay to hold. There are better choices, but there are way worse choices. (See Top Picks.)

Keyera Corp(KEY-T)
July 4, 2017

One of his top picks has better bottom line growth. This is not in a terrible industry and does have some growth, so he thinks it is okay to hold. There are better choices, but there are way worse choices. (See Top Picks.)

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$40.890
Owned
Unknown
COMMENT
COMMENT
July 4, 2017

Has a really high yield. Payout ratio is well over 100%. They either have to raise equity, which they can’t do, sell assets, or cut the dividend which they might as well do as the market is assuming they are going to.

Has a really high yield. Payout ratio is well over 100%. They either have to raise equity, which they can’t do, sell assets, or cut the dividend which they might as well do as the market is assuming they are going to.

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$12.640
Owned
Unknown
COMMENT
COMMENT
July 4, 2017

Sell because of the Amazon-Whole Foods deal? There are only 11 or 13 Whole Foods stores in Canada. Empire has its own problems in fixing Safeway in Western Canada. When Amazon announced the deal, Canadian stocks dropped 3%-5%. It will take a few years for Amazon to roll out their US stores. If he were forced to own one food store in Canada, it would be Loblaw’s (L-T).

Sell because of the Amazon-Whole Foods deal? There are only 11 or 13 Whole Foods stores in Canada. Empire has its own problems in fixing Safeway in Western Canada. When Amazon announced the deal, Canadian stocks dropped 3%-5%. It will take a few years for Amazon to roll out their US stores. If he were forced to own one food store in Canada, it would be Loblaw’s (L-T).

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$22.060
Owned
No