Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
September 27, 2017

This has done a good job in recent years of diversifying away into some US markets. However, it is interest rate sensitive. With interest rates going up in Canada, it bodes negatively for this stock.

Emera Inc (EMA-T)
September 27, 2017

This has done a good job in recent years of diversifying away into some US markets. However, it is interest rate sensitive. With interest rates going up in Canada, it bodes negatively for this stock.

Norman Levine
Managing Director, Portfolio Management Corp
Price
$46.690
Owned
Yes
COMMENT
COMMENT
September 27, 2017

Your choice of infrastructure stocks? He likes Stantec (STN-T) (See Past Picks) and this one. They are both basically waiting for governments to stop just talking about infrastructure and actually putting money towards it.

Your choice of infrastructure stocks? He likes Stantec (STN-T) (See Past Picks) and this one. They are both basically waiting for governments to stop just talking about infrastructure and actually putting money towards it.

Norman Levine
Managing Director, Portfolio Management Corp
Price
$56.860
Owned
Yes
COMMENT
COMMENT
September 27, 2017

Sold half his position close to the top last year, and continues to buy it for new clients. In the near term, it is probably seen the best part of its run. The latest quarter was a little disappointing. Their acquisition of the UK company that prints plastic currency, exposed them to the resin price market, and there was a spike in the price which caught them by surprise and hurt them. A great company to continue to own, but doesn’t think it is going to lead the market like it has in the past.

CCL Industries (B) (CCL.B-T)
September 27, 2017

Sold half his position close to the top last year, and continues to buy it for new clients. In the near term, it is probably seen the best part of its run. The latest quarter was a little disappointing. Their acquisition of the UK company that prints plastic currency, exposed them to the resin price market, and there was a spike in the price which caught them by surprise and hurt them. A great company to continue to own, but doesn’t think it is going to lead the market like it has in the past.

Norman Levine
Managing Director, Portfolio Management Corp
Price
$60.600
Owned
Yes
COMMENT
COMMENT
September 27, 2017

A major maker of particleboard that goes into buildings. It is going to be a major beneficiary of the hurricanes, especially in Texas and Florida.

Norbord Inc (OSB-T)
September 27, 2017

A major maker of particleboard that goes into buildings. It is going to be a major beneficiary of the hurricanes, especially in Texas and Florida.

Norman Levine
Managing Director, Portfolio Management Corp
Price
$51.220
Owned
Unknown
COMMENT
COMMENT
September 27, 2017

Not one of his favourite energy stocks. Made one really bad acquisition at the wrong time and piled themselves up with debt. The CEO announced he is leaving, but in the meantime is trying to undo some of the mess. He would rather go for a well-managed company with good assets and that will be growing.

Cenovus Energy (CVE-T)
September 27, 2017

Not one of his favourite energy stocks. Made one really bad acquisition at the wrong time and piled themselves up with debt. The CEO announced he is leaving, but in the meantime is trying to undo some of the mess. He would rather go for a well-managed company with good assets and that will be growing.

Norman Levine
Managing Director, Portfolio Management Corp
Price
$12.780
Owned
No
COMMENT
COMMENT
September 27, 2017

Buy, Sell or Hold? The only Canadian bank he owns. He owns this because it has the smallest Canadian footprint and the largest non-Canadian footprint as a percentage of their assets, of the banks. It is mostly in emerging markets of south America and Asia, which are the growth markets. Dividend yield of 3.9%.

Bank of Nova Scotia (BNS-T)
September 27, 2017

Buy, Sell or Hold? The only Canadian bank he owns. He owns this because it has the smallest Canadian footprint and the largest non-Canadian footprint as a percentage of their assets, of the banks. It is mostly in emerging markets of south America and Asia, which are the growth markets. Dividend yield of 3.9%.

Norman Levine
Managing Director, Portfolio Management Corp
Price
$80.020
Owned
Yes
TOP PICK
TOP PICK
September 27, 2017

Recently came under selling pressure after its 1st quarter earnings were announced, because of a bad month of January. Their operations have been doing well since then. A Short Seller jumped all over it, saying bad things, which scared people away, creating a buying opportunity. They are in earthmoving using high-pressure water, and are the biggest in North America. They are now bigger in the US and non-energy than they had been before. Dividend yield of 1.8%. (Analysts’ price target is $36.)

Badger Daylighting (BAD-T)
September 27, 2017

Recently came under selling pressure after its 1st quarter earnings were announced, because of a bad month of January. Their operations have been doing well since then. A Short Seller jumped all over it, saying bad things, which scared people away, creating a buying opportunity. They are in earthmoving using high-pressure water, and are the biggest in North America. They are now bigger in the US and non-energy than they had been before. Dividend yield of 1.8%. (Analysts’ price target is $36.)

Norman Levine
Managing Director, Portfolio Management Corp
Price
$26.100
Owned
Yes