Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
July 12, 2017

Their merger with Potash (POT-T) is expected to close at the end of this quarter. It hasn’t been approved, but she expects it will be. She intends to continue holding this after the merger.

Agrium (AGU-T)
July 12, 2017

Their merger with Potash (POT-T) is expected to close at the end of this quarter. It hasn’t been approved, but she expects it will be. She intends to continue holding this after the merger.

Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$121.490
Owned
Yes
COMMENT
COMMENT
July 12, 2017

A packaging company that grows through acquisition and integrates quite well. The family was selling some of their B stocks, and probably was just a function of the B shares coming to the market which suppressed the share price a little. Feels the stock is fully valued, and would want to get it in the low $60 area.

A packaging company that grows through acquisition and integrates quite well. The family was selling some of their B stocks, and probably was just a function of the B shares coming to the market which suppressed the share price a little. Feels the stock is fully valued, and would want to get it in the low $60 area.

Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$61.700
Owned
No
BUY WEAKNESS
BUY WEAKNESS
July 12, 2017

Not an industry she typically invests in. The stock has done quite well. If you want to enter the stock, wait for a lower price point.

Air Canada (AC-T)
July 12, 2017

Not an industry she typically invests in. The stock has done quite well. If you want to enter the stock, wait for a lower price point.

Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$20.800
Owned
No
COMMENT
COMMENT
July 12, 2017

She likes the Canadian banks, which have pulled back from their highs earlier this year. She anticipates they will increase dividends at the same rate as their earnings growth, in the 7%-8% range. This one is primarily a domestic bank. There is not a lot of growth left in Canada, and this has not had a great track record. When they do expand, they tend to pull back. They paid a very full price for the US acquisition they are making. This wouldn’t be one of her top picks.

She likes the Canadian banks, which have pulled back from their highs earlier this year. She anticipates they will increase dividends at the same rate as their earnings growth, in the 7%-8% range. This one is primarily a domestic bank. There is not a lot of growth left in Canada, and this has not had a great track record. When they do expand, they tend to pull back. They paid a very full price for the US acquisition they are making. This wouldn’t be one of her top picks.

Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$107.410
Owned
No
COMMENT
COMMENT
July 12, 2017

Auto parts. She doesn’t own anything in this space. They’ve done a good job of growing the last 20-25 years. Depending on how NAFTA or free trade works out, it could impact their business, and that has kind of served as an overhang on the stock. If she were going to play the space, she would prefer Magna (MG-T), which is more global. They are doing a lot of investing in driverless cars, and have more leverage in Europe and Asia.

Linamar Corp (LNR-T)
July 12, 2017

Auto parts. She doesn’t own anything in this space. They’ve done a good job of growing the last 20-25 years. Depending on how NAFTA or free trade works out, it could impact their business, and that has kind of served as an overhang on the stock. If she were going to play the space, she would prefer Magna (MG-T), which is more global. They are doing a lot of investing in driverless cars, and have more leverage in Europe and Asia.

Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$66.650
Owned
No
COMMENT
COMMENT
July 12, 2017

Some clients hold this from a couple of years ago, and she hasn’t bought for new clients. She is waiting for energy prices to stabilize and to see a drawdown in inventory. This company is primarily oil, so the share price is going to be dictated by where oil goes. Like many other companies, they cut their dividend in the last downturn. Their balance sheet is in pretty good shape, so if energy stays at these levels and doesn’t fall further, they could probably maintain that dividend. Dividend yield of 4.07%.

Some clients hold this from a couple of years ago, and she hasn’t bought for new clients. She is waiting for energy prices to stabilize and to see a drawdown in inventory. This company is primarily oil, so the share price is going to be dictated by where oil goes. Like many other companies, they cut their dividend in the last downturn. Their balance sheet is in pretty good shape, so if energy stays at these levels and doesn’t fall further, they could probably maintain that dividend. Dividend yield of 4.07%.

Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$9.170
Owned
Yes
BUY
BUY
July 12, 2017

This is a fine company. Feels the dividend is safe. They acquired Spectra, a natural gas transition company in the US. Based on the projects they have and the backlog the sector has, they can increase their dividend 10%-12% through 2024. In a rising rate environment, it is very important to find companies that have an attractive yield. Dividend yield of 4.66%.

Enbridge (ENB-T)
July 12, 2017

This is a fine company. Feels the dividend is safe. They acquired Spectra, a natural gas transition company in the US. Based on the projects they have and the backlog the sector has, they can increase their dividend 10%-12% through 2024. In a rising rate environment, it is very important to find companies that have an attractive yield. Dividend yield of 4.66%.

Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$50.980
Owned
Yes