Latest Expert Opinions

Signal
Opinion
Expert
TOP PICK
TOP PICK
September 28, 2017

There were in the penalty box for quite some time. They did not structure their acquisition very well. It is now going better than they expected. He really likes that they are in a similar play to another that is perfecting the play in Alberta. The market is not rewarding them for this at present. He thinks they will beat expectations. (Analysts’ target: $3.75).

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There were in the penalty box for quite some time. They did not structure their acquisition very well. It is now going better than they expected. He really likes that they are in a similar play to another that is perfecting the play in Alberta. The market is not rewarding them for this at present. He thinks they will beat expectations. (Analysts’ target: $3.75).

TOP PICK
TOP PICK
September 28, 2017

One of Canada’s great success stories. Management owns a huge chunk of it. They recently came out with a high quarter. They were up 42% in Q1. The next 6 months or so will have them beating expectations. (Analysts’ target: $52.00).

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Spin Master Corp (TOY-T)
September 28, 2017

One of Canada’s great success stories. Management owns a huge chunk of it. They recently came out with a high quarter. They were up 42% in Q1. The next 6 months or so will have them beating expectations. (Analysts’ target: $52.00).

TOP PICK
TOP PICK
September 28, 2017

It pays a nice dividend (5.6%). It is close to hitting new highs. Amazon is one of their clients – the 7th largest. Most analysts like it. It does not trade a lot because it is heavily owned by insiders. It could play out quite well over the next few years. (Analysts ’target: $14.00).

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WPT Industrial REIT (WIR.U-T)
September 28, 2017

It pays a nice dividend (5.6%). It is close to hitting new highs. Amazon is one of their clients – the 7th largest. Most analysts like it. It does not trade a lot because it is heavily owned by insiders. It could play out quite well over the next few years. (Analysts ’target: $14.00).

COMMENT
COMMENT
September 28, 2017

If you play this right, this is a gift that keeps on giving. Their Q2 was good, and they raised their 2017 sales and free cash flow. He expects them to do an active buyback. Trades at a very compelling valuation, relevant to its peers. He is modelling 12% EPS. You want to buy this stock on NAFTA concerns and peak auto concerns. A good one to be owning.

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Magna Int'l. (A) (MG-T)
September 28, 2017

If you play this right, this is a gift that keeps on giving. Their Q2 was good, and they raised their 2017 sales and free cash flow. He expects them to do an active buyback. Trades at a very compelling valuation, relevant to its peers. He is modelling 12% EPS. You want to buy this stock on NAFTA concerns and peak auto concerns. A good one to be owning.

BUY
BUY
September 28, 2017

He has an 81% payout ratio on 2017/2018, which is pretty safe for a REIT. This is one you can buy now. Trades at a 13% discount to his NAV and has a decent growth rate of about 3%, versus 2.8% of its diversified peers. Its balance sheet isn’t bad with a 42% Debt to Fair Value.

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He has an 81% payout ratio on 2017/2018, which is pretty safe for a REIT. This is one you can buy now. Trades at a 13% discount to his NAV and has a decent growth rate of about 3%, versus 2.8% of its diversified peers. Its balance sheet isn’t bad with a 42% Debt to Fair Value.

COMMENT
COMMENT
September 28, 2017

This one is hard. Missed on Q2 again, where they missed $.90. Margin compression was an issue again. There are headwinds for retail, especially for department stores. However Saks did beat their best comp in 2 years. HBC also had some pretty good comps. There are better trends in retail so far for Q3, and there is optimism for the 2nd half. This is a risky name. It is very hard to model, as they don’t have any clear earnings path. When stocks are really hard to model, often they are the best buy.

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Hudson Bay Co. (HBC-T)
September 28, 2017

This one is hard. Missed on Q2 again, where they missed $.90. Margin compression was an issue again. There are headwinds for retail, especially for department stores. However Saks did beat their best comp in 2 years. HBC also had some pretty good comps. There are better trends in retail so far for Q3, and there is optimism for the 2nd half. This is a risky name. It is very hard to model, as they don’t have any clear earnings path. When stocks are really hard to model, often they are the best buy.

BUY WEAKNESS
BUY WEAKNESS
September 28, 2017

This is an urban everyday needs portfolio. Very resilient. He models 3.8% growth from 2016 to 2018. This is not cheap, trading at around 19X, it is still trading slightly below its five-year average. 81% payout ratio, so you are going to get paid the 4.3% distribution. Its balance sheet is very good. Thinks you could buy this closer to $18.50 or $19 if you get an opportunity.

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First Capital Realty (FCR-T)
September 28, 2017

This is an urban everyday needs portfolio. Very resilient. He models 3.8% growth from 2016 to 2018. This is not cheap, trading at around 19X, it is still trading slightly below its five-year average. 81% payout ratio, so you are going to get paid the 4.3% distribution. Its balance sheet is very good. Thinks you could buy this closer to $18.50 or $19 if you get an opportunity.