Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
September 21, 2017

When you buy an insurance company you are buying a giant investment portfolio. He is very constructive on the world’s economic condition. He believes we have likely seen the generational lows in interest rates. Over 15 to 20 years we will likely see interest rates rise. MFC-T has done a good job of building a strong franchise in Asia. He likes the sector. They are under owned. Their legal issue is in the price and is not likely to recur tomorrow.

Manulife Financial (MFC-T)
September 21, 2017

When you buy an insurance company you are buying a giant investment portfolio. He is very constructive on the world’s economic condition. He believes we have likely seen the generational lows in interest rates. Over 15 to 20 years we will likely see interest rates rise. MFC-T has done a good job of building a strong franchise in Asia. He likes the sector. They are under owned. Their legal issue is in the price and is not likely to recur tomorrow.

David Burrows
President & Chief Investment Strategist, Barometer Capital Management
Price
$24.590
Owned
Yes
BUY
BUY
September 21, 2017

It has had a wonderful rally. He is more constructive now on energy than in quite some time. This is a help from western Canada. He prefers US banks to Canadian but certainly this one is acting great and he would not have a problem owning it.

Canadian Western Bank (CWB-T)
September 21, 2017

It has had a wonderful rally. He is more constructive now on energy than in quite some time. This is a help from western Canada. He prefers US banks to Canadian but certainly this one is acting great and he would not have a problem owning it.

David Burrows
President & Chief Investment Strategist, Barometer Capital Management
Price
$32.000
Owned
Unknown
TOP PICK
TOP PICK
September 21, 2017

It is a more domestically focused bank. 40% of business is from corporate and consumer banking. 20% of revenue is from wealth management which they have done a good job with. Business conditions are improving in the US. Higher interest rates are going to give them the ability to make a better interest margin. ROE could go from 7 to 10%. It is trading at 1 times its book value vs. 3 for norms and for Canadian banks. (Analysts’ target: $27.00).

Bank of America (BAC-N)
September 21, 2017

It is a more domestically focused bank. 40% of business is from corporate and consumer banking. 20% of revenue is from wealth management which they have done a good job with. Business conditions are improving in the US. Higher interest rates are going to give them the ability to make a better interest margin. ROE could go from 7 to 10%. It is trading at 1 times its book value vs. 3 for norms and for Canadian banks. (Analysts’ target: $27.00).

David Burrows
President & Chief Investment Strategist, Barometer Capital Management
Price
$25.160
Owned
Yes
TOP PICK
TOP PICK
September 21, 2017

It has done well through a difficult period. 80% of the revenue from that sector was just replacement parts. This equipment wears out and has to be replaced and maintained. It has the fastest earnings revisions of any S&P company. (Analysts’ target: $125.00).

Caterpillar (CAT-N)
September 21, 2017

It has done well through a difficult period. 80% of the revenue from that sector was just replacement parts. This equipment wears out and has to be replaced and maintained. It has the fastest earnings revisions of any S&P company. (Analysts’ target: $125.00).

David Burrows
President & Chief Investment Strategist, Barometer Capital Management
Price
$124.790
Owned
Yes
TOP PICK
TOP PICK
September 21, 2017

The largest chemical company in the world. They may break up into three to unearth more value. They are completely attached to the global economy. There are billions in savings they can generate in the next couple of years to generate a much better return on their assets. It just continues to unfold. (Analysts’ target: $79.00).

DowDuPont Inc. (DWDP-N)
September 21, 2017

The largest chemical company in the world. They may break up into three to unearth more value. They are completely attached to the global economy. There are billions in savings they can generate in the next couple of years to generate a much better return on their assets. It just continues to unfold. (Analysts’ target: $79.00).

David Burrows
President & Chief Investment Strategist, Barometer Capital Management
Price
$70.320
Owned
Yes
PARTIAL BUY
PARTIAL BUY
September 21, 2017

Got a little weak. In early August, it made a new high and then came back down. It has a moving average at around $1735, which would be a base. It would probably line up with the bottoms of the last several months. If buying for new clients today, he would not take a full position. He would rather pay a little more, and wait for it surge to around $1940 to get a full position. A well-run company that is well followed on the street.

Got a little weak. In early August, it made a new high and then came back down. It has a moving average at around $1735, which would be a base. It would probably line up with the bottoms of the last several months. If buying for new clients today, he would not take a full position. He would rather pay a little more, and wait for it surge to around $1940 to get a full position. A well-run company that is well followed on the street.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$1866.350
Owned
Yes
COMMENT
COMMENT
September 21, 2017

The sector got a little soft recently. Chart is showing a nice upward trend line from early 2016, followed by some pretty big volatility ranging from $8 down to $4.50. It has broken up through its downtrend recently. The 1st place he would look at is resistance of around $6.50, which is probably not going to be until the peak of around the current level of about $6.60. He would like to see some volume above $6.61.

Aphria Inc (APHA-T)
September 21, 2017

The sector got a little soft recently. Chart is showing a nice upward trend line from early 2016, followed by some pretty big volatility ranging from $8 down to $4.50. It has broken up through its downtrend recently. The 1st place he would look at is resistance of around $6.50, which is probably not going to be until the peak of around the current level of about $6.60. He would like to see some volume above $6.61.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$6.610
Owned
No