Latest Expert Opinions

Signal
Opinion
Expert
HOLD
HOLD
November 30, 2017

If you hold it, then continue. You will be paid to hold it and they are bumping up the dividend next year but there will not be capital appreciation so don’t buy it.

Enbridge (ENB-T)
November 30, 2017

If you hold it, then continue. You will be paid to hold it and they are bumping up the dividend next year but there will not be capital appreciation so don’t buy it.

Don Lato
President, Padlock Investment Management
Price
$48.650
Owned
Unknown
BUY
BUY
November 30, 2017

V-N vs. MA-N. They keep going up. V-N is slightly better valuation than M-N and he prefers to by M-N when it is two or three multiple points between the two. Generally speaking they are both great and have a huge runway ahead of them. A lot of countries are still just scratching the surface. He just owns V-N right now.

Visa Inc. (V-N)
November 30, 2017

V-N vs. MA-N. They keep going up. V-N is slightly better valuation than M-N and he prefers to by M-N when it is two or three multiple points between the two. Generally speaking they are both great and have a huge runway ahead of them. A lot of countries are still just scratching the surface. He just owns V-N right now.

Don Lato
President, Padlock Investment Management
Price
$112.590
Owned
Yes
WEAK BUY
WEAK BUY
November 30, 2017

V-N vs. MA-N. They keep going up. V-N is slightly better valuation than M-N and he prefers to by M-N when it is two or three multiple points between the two. Generally speaking they are both great and have a huge runway ahead of them. A lot of countries are still just scratching the surface. He just owns V-N right now.

Mastercard Inc. (MA-N)
November 30, 2017

V-N vs. MA-N. They keep going up. V-N is slightly better valuation than M-N and he prefers to by M-N when it is two or three multiple points between the two. Generally speaking they are both great and have a huge runway ahead of them. A lot of countries are still just scratching the surface. He just owns V-N right now.

Don Lato
President, Padlock Investment Management
Price
$150.470
Owned
No
HOLD
HOLD
November 30, 2017

They have had a couple of disappointing quarters, where the growth has not been there in the aftermarket side. They delivered a lot of busses and they are simply a lot better than in the past and so the repairs are down. Still a great company with a huge 3 to 4 year backlog. They announced a record backlog recently. There is some disappointment that they are not ramping up production. He would definitely hold it. They are a cash generating machine. Until they come out with another acquisition they will spin out a lot of cash that will end up in shareholder’s pockets.

They have had a couple of disappointing quarters, where the growth has not been there in the aftermarket side. They delivered a lot of busses and they are simply a lot better than in the past and so the repairs are down. Still a great company with a huge 3 to 4 year backlog. They announced a record backlog recently. There is some disappointment that they are not ramping up production. He would definitely hold it. They are a cash generating machine. Until they come out with another acquisition they will spin out a lot of cash that will end up in shareholder’s pockets.

Don Lato
President, Padlock Investment Management
Price
$49.070
Owned
Yes
HOLD
HOLD
November 30, 2017

Nothing outstanding is going to happen to the company. Their pipeline is encouraging them. Continue to collect your 3.5% dividend and watch for a catalyst.

Pfizer Inc (PFE-N)
November 30, 2017

Nothing outstanding is going to happen to the company. Their pipeline is encouraging them. Continue to collect your 3.5% dividend and watch for a catalyst.

Don Lato
President, Padlock Investment Management
Price
$36.260
Owned
Unknown
HOLD
HOLD
November 30, 2017

It stumbled a bit in the last 6 months since their last acquisition. They have a tremendous track record with acquisitions and adding to cash flow. He does not see much multiple expansion in their future.

It stumbled a bit in the last 6 months since their last acquisition. They have a tremendous track record with acquisitions and adding to cash flow. He does not see much multiple expansion in their future.

Don Lato
President, Padlock Investment Management
Price
$59.790
Owned
Yes
WATCH
WATCH
November 30, 2017

You see companies cutting back on exploration budgets. This stock may have bottomed out here. It is building a base for the future when the environment gets better. He would not buy it but it might have trading potential over the next year. Conditions can’t get much worse. Watching it before getting back in.

Precision Drilling (PD-T)
November 30, 2017

You see companies cutting back on exploration budgets. This stock may have bottomed out here. It is building a base for the future when the environment gets better. He would not buy it but it might have trading potential over the next year. Conditions can’t get much worse. Watching it before getting back in.

Don Lato
President, Padlock Investment Management
Price
$3.620
Owned
Unknown