Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
July 18, 2017

This is dead centre of a couple of really key long-term themes. They produce GPU’s that are used for highly intensive computing power for things like artificial intelligence, machine learning, autonomous driving and augmented reality. These are all things that are early days.

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Nvidia Corp (NVDA-Q)
July 18, 2017

This is dead centre of a couple of really key long-term themes. They produce GPU’s that are used for highly intensive computing power for things like artificial intelligence, machine learning, autonomous driving and augmented reality. These are all things that are early days.

COMMENT
COMMENT
July 18, 2017

This owns the TSX and a bunch of data, so they make money on trading. Expects it will have a pretty good Q2 because there have been more IPOs. This is on track to earn around $4.75 this year, maybe $5 in 2018. Valuation is at 13-14 times earnings, which is very inexpensive for a company with very consistent earnings. Management has done an excellent job righting the ship. They’ve turfed a number of underperforming divisions and even raised the dividend twice in the past year. Generates an enormous amount of free cash flow. He sees upside to at least $80.

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TMX Group (X-T)
July 18, 2017

This owns the TSX and a bunch of data, so they make money on trading. Expects it will have a pretty good Q2 because there have been more IPOs. This is on track to earn around $4.75 this year, maybe $5 in 2018. Valuation is at 13-14 times earnings, which is very inexpensive for a company with very consistent earnings. Management has done an excellent job righting the ship. They’ve turfed a number of underperforming divisions and even raised the dividend twice in the past year. Generates an enormous amount of free cash flow. He sees upside to at least $80.

COMMENT
COMMENT
July 18, 2017

One of the best businesses in the world. A network toll road for businesses. They acquired Visa Europe and are trying very hard to get margins up to what they are in the regular business. There is still so much money being spent with cash, so the runway is very large. Has never been a cheap stock, and doesn’t think it ever will be. If you are confident in the next 3-5 years, you just buy it.

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Visa Inc. (V-N)
July 18, 2017

One of the best businesses in the world. A network toll road for businesses. They acquired Visa Europe and are trying very hard to get margins up to what they are in the regular business. There is still so much money being spent with cash, so the runway is very large. Has never been a cheap stock, and doesn’t think it ever will be. If you are confident in the next 3-5 years, you just buy it.

COMMENT
COMMENT
July 18, 2017

Downgraded by National Bank (NA-T) from $60-$56. Thinks it was partially because US movie distributors had been underperforming in 2017. The concern is the same every year that nobody is going to go to the movies, they charge too much, the movies are crap, etc. Yet, they had record box office in 2016, and will probably have another in 2017. They’ve diversified revenues and are opening up the rec rooms. A premium company that has never missed on their operations.

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Cineplex Inc (CGX-T)
July 18, 2017

Downgraded by National Bank (NA-T) from $60-$56. Thinks it was partially because US movie distributors had been underperforming in 2017. The concern is the same every year that nobody is going to go to the movies, they charge too much, the movies are crap, etc. Yet, they had record box office in 2016, and will probably have another in 2017. They’ve diversified revenues and are opening up the rec rooms. A premium company that has never missed on their operations.

COMMENT
COMMENT
July 18, 2017

This has been the stalwart for dividend owners, and he wouldn’t have any trouble owning it. Thinks the world is going to become fully electric, so you want to own companies that have exposure to electric utilities. You should have one or 2 of these types of names in your portfolio, especially if you are looking for income.

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Enbridge (ENB-T)
July 18, 2017

This has been the stalwart for dividend owners, and he wouldn’t have any trouble owning it. Thinks the world is going to become fully electric, so you want to own companies that have exposure to electric utilities. You should have one or 2 of these types of names in your portfolio, especially if you are looking for income.

COMMENT
COMMENT
July 18, 2017

Had thought the deal to acquire Millers/Coors was very positive. Beer sales are not going to be sexy growers going forward. There is lots of competition. This has underperformed and is at a 52-week low, very cheap. If they execute well over the next few quarters, you could easily see the stock at $100.

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Had thought the deal to acquire Millers/Coors was very positive. Beer sales are not going to be sexy growers going forward. There is lots of competition. This has underperformed and is at a 52-week low, very cheap. If they execute well over the next few quarters, you could easily see the stock at $100.

PAST TOP PICK
PAST TOP PICK
July 18, 2017

(A Top Pick June 24/16. Up 31.13%.) This was a sleepy, boring name. His argument was always that the company was going to do exactly what Microsoft and Adobe did successfully, trying to convert from a legacy based platform to online Cloud. They are doing that.

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Oracle (ORCL-N)
July 18, 2017

(A Top Pick June 24/16. Up 31.13%.) This was a sleepy, boring name. His argument was always that the company was going to do exactly what Microsoft and Adobe did successfully, trying to convert from a legacy based platform to online Cloud. They are doing that.