Latest Expert Opinions

Signal
Opinion
Expert
TOP PICK
TOP PICK
October 11, 2017

In the infrastructure industry. She likes the Veresen acquisition, located in the Montney region in Alberta and BC, which closed earlier this month. A very low-cost region where producers can make a reasonable return even at these low prices. The company is well positioned to service that area. Veresen also presents more longer-term opportunities, such as Jordan Cove. This is more for the income investor. Dividend yield of 5%, which she expects could be increased. (Analysts’ price target is $50.)

In the infrastructure industry. She likes the Veresen acquisition, located in the Montney region in Alberta and BC, which closed earlier this month. A very low-cost region where producers can make a reasonable return even at these low prices. The company is well positioned to service that area. Veresen also presents more longer-term opportunities, such as Jordan Cove. This is more for the income investor. Dividend yield of 5%, which she expects could be increased. (Analysts’ price target is $50.)

Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$43.110
Owned
Yes
COMMENT
COMMENT
October 11, 2017

One of his Top Picks about 45 days ago. Recommended it in late August and got in at a good price, and had been up 25%. He uses stop losses, and on the first tweak he saw from Citron, he exited his position. As a result, he lost 6%-7%. It is going to be a real tug-of-war for the next couple of days. All the analysts have not budged. We need to see this play out for a while. He is cheering for the company.

Shopify Inc. (SHOP-T)
October 11, 2017

One of his Top Picks about 45 days ago. Recommended it in late August and got in at a good price, and had been up 25%. He uses stop losses, and on the first tweak he saw from Citron, he exited his position. As a result, he lost 6%-7%. It is going to be a real tug-of-war for the next couple of days. All the analysts have not budged. We need to see this play out for a while. He is cheering for the company.

Mike S. Newton, CIM FCSI
Director & Portfolio Manager, Scotia Wealth Management
Price
$118.400
Owned
No
COMMENT
COMMENT
October 11, 2017

This was a good investment recommendation for about 4 years. The initial negative was on Hurricane Harvey, because the company said that a lot of their chemicals were going to be in short supply. That, along with stop losses, got him out with a gain of about 35%-40%.

Newell Brands Inc (NWL-N)
October 11, 2017

This was a good investment recommendation for about 4 years. The initial negative was on Hurricane Harvey, because the company said that a lot of their chemicals were going to be in short supply. That, along with stop losses, got him out with a gain of about 35%-40%.

Mike S. Newton, CIM FCSI
Director & Portfolio Manager, Scotia Wealth Management
Price
$43.170
Owned
No
COMMENT
COMMENT
October 11, 2017

A lot of ETF’s are static in nature, and are truly passive, 30% China, 30% Russia, 20% India, etc. What is attractive about this one is that you have the bright minds in Goldman Sachs. It is an actively managed ETF. They are not just statically buying a basket, they could go to 0% China if they wanted. MER is only 20 basis points.

A lot of ETF’s are static in nature, and are truly passive, 30% China, 30% Russia, 20% India, etc. What is attractive about this one is that you have the bright minds in Goldman Sachs. It is an actively managed ETF. They are not just statically buying a basket, they could go to 0% China if they wanted. MER is only 20 basis points.

Mike S. Newton, CIM FCSI
Director & Portfolio Manager, Scotia Wealth Management
Price
$34.610
Owned
Unknown
COMMENT
COMMENT
October 11, 2017

He exited his position on a pullback this summer. Thought it couldn’t go any higher, but regrets selling it. They seem to be in the right place at the right time, and seemed to be in everything for the last 2 years. Their latest craze is there foray into autonomous driving. Have even signed a big deal with DHL in Europe in autonomous delivery trucks. Seems to be in the right place in a lot of different areas.

Nvidia Corp (NVDA-Q)
October 11, 2017

He exited his position on a pullback this summer. Thought it couldn’t go any higher, but regrets selling it. They seem to be in the right place at the right time, and seemed to be in everything for the last 2 years. Their latest craze is there foray into autonomous driving. Have even signed a big deal with DHL in Europe in autonomous delivery trucks. Seems to be in the right place in a lot of different areas.

Mike S. Newton, CIM FCSI
Director & Portfolio Manager, Scotia Wealth Management
Price
$190.940
Owned
No
PARTIAL SELL
PARTIAL SELL
October 11, 2017

Got under-loved and underappreciated, and the P/E ratio got down sub 10 at some point. A great company and well-managed, and they have the ability to buy some of their competitors. Still not a great name for him and probably wouldn’t make it into his portfolio. If you own, consider trimming some of it back.

Cisco (CSCO-Q)
October 11, 2017

Got under-loved and underappreciated, and the P/E ratio got down sub 10 at some point. A great company and well-managed, and they have the ability to buy some of their competitors. Still not a great name for him and probably wouldn’t make it into his portfolio. If you own, consider trimming some of it back.

Mike S. Newton, CIM FCSI
Director & Portfolio Manager, Scotia Wealth Management
Price
$33.590
Owned
No
COMMENT
COMMENT
October 11, 2017

The 4.7% yield is attractive. Reading the reports on the street, everybody was happy with their growth plans, and more specifically, comfortable with the ability to pay their dividends.

Enbridge (ENB-T)
October 11, 2017

The 4.7% yield is attractive. Reading the reports on the street, everybody was happy with their growth plans, and more specifically, comfortable with the ability to pay their dividends.

Mike S. Newton, CIM FCSI
Director & Portfolio Manager, Scotia Wealth Management
Price
$51.980
Owned
Yes