Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
August 18, 2017

People believe this is going to kill all of retail. They do not yet make a profit. They make amazing sales, but don’t worry about making profits. There was a time when people thought Wal-Mart would take over the world and drive other retailers out of business. Retailers learned how to deal with and compete with Wal-Mart. They adapted their operations. He believes the same thing will happen with AMZN-Q. It will not go away, but not take everything over either.

Amazon.com (AMZN-Q)
August 18, 2017

People believe this is going to kill all of retail. They do not yet make a profit. They make amazing sales, but don’t worry about making profits. There was a time when people thought Wal-Mart would take over the world and drive other retailers out of business. Retailers learned how to deal with and compete with Wal-Mart. They adapted their operations. He believes the same thing will happen with AMZN-Q. It will not go away, but not take everything over either.

Norman Levine
Managing Director, Portfolio Management Corp
Price
$958.470
Owned
Unknown
DON'T BUY
DON'T BUY
August 18, 2017

He owns others instead. It comes down to quality of management and an ill-timed acquisition of John Hancock. It continues to underperform and they may now spin it out or sell it. It continues not to be a good performer. They have hedged away a lot of the benefit they will get from rising bond prices.

He owns others instead. It comes down to quality of management and an ill-timed acquisition of John Hancock. It continues to underperform and they may now spin it out or sell it. It continues not to be a good performer. They have hedged away a lot of the benefit they will get from rising bond prices.

Norman Levine
Managing Director, Portfolio Management Corp
Price
$24.500
Owned
No
DON'T BUY
DON'T BUY
August 18, 2017

He has never owned it because he is one of their best customers. He has been finding that it is difficult to decide what to go and see and sometimes he considers not seeing anything. They cannot pick and choose what to sell. If it is a great movie season they benefit, but if it is bad they suffer. The movies are the tail that wags the dog. He has yet to see where this movie season is going to turn around.

Cineplex Inc (CGX-T)
August 18, 2017

He has never owned it because he is one of their best customers. He has been finding that it is difficult to decide what to go and see and sometimes he considers not seeing anything. They cannot pick and choose what to sell. If it is a great movie season they benefit, but if it is bad they suffer. The movies are the tail that wags the dog. He has yet to see where this movie season is going to turn around.

Norman Levine
Managing Director, Portfolio Management Corp
Price
$40.150
Owned
No
HOLD
HOLD
August 18, 2017

If you are a long term investor, the financials are good, although they are rolling over in the short term. He is not as big a fan of the major city banks as of the regional banks. He would keep it.

Bank of America (BAC-N)
August 18, 2017

If you are a long term investor, the financials are good, although they are rolling over in the short term. He is not as big a fan of the major city banks as of the regional banks. He would keep it.

Norman Levine
Managing Director, Portfolio Management Corp
Price
$23.620
Owned
Unknown
HOLD
HOLD
August 18, 2017

He is not big on TD-T, but prefers BNS-T because it is less exposed to Canada and he likes the emerging markets exposure. He is not that excited about Canadian banks because of the lack of loan growth and the housing question overhanging them. The rising Canadian dollar takes away from the US operations.

Toronto Dominion (TD-T)
August 18, 2017

He is not big on TD-T, but prefers BNS-T because it is less exposed to Canada and he likes the emerging markets exposure. He is not that excited about Canadian banks because of the lack of loan growth and the housing question overhanging them. The rising Canadian dollar takes away from the US operations.

Norman Levine
Managing Director, Portfolio Management Corp
Price
$63.730
Owned
Unknown
SELL
SELL
August 18, 2017

He has trouble buying this one low and selling high. This is generally a trade. It is not going to run up again and so it is probably a better sell than a buy.

He has trouble buying this one low and selling high. This is generally a trade. It is not going to run up again and so it is probably a better sell than a buy.

Norman Levine
Managing Director, Portfolio Management Corp
Price
$29.340
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
August 18, 2017

(Top Pick Sept. 9/16, Up 6.84%) It went bankrupt during the crisis and was rescued and recapitalized. It is headquartered in Florida and takes retail business, but is mainly a commercial bank. It is dependent on loan growth more than interest rate growth. Loan growth has been a little sluggish, but he feels it will go up. He is putting new clients into it.

BankUnited, Inc (BKU-N)
August 18, 2017

(Top Pick Sept. 9/16, Up 6.84%) It went bankrupt during the crisis and was rescued and recapitalized. It is headquartered in Florida and takes retail business, but is mainly a commercial bank. It is dependent on loan growth more than interest rate growth. Loan growth has been a little sluggish, but he feels it will go up. He is putting new clients into it.

Norman Levine
Managing Director, Portfolio Management Corp
Price
$32.850
Owned
Yes