Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
November 30, 2017

They recently completed their IPO. It struggle a bit out of the gate and has treaded water ever since. It is a fashion brand that has been out for long time. He does not see the growth here. There are a lot of better places to be in retail. Where is the expansion going to come from. He does not see the brand translating well into the US.

Roots Corporation (ROOT-T)
November 30, 2017

They recently completed their IPO. It struggle a bit out of the gate and has treaded water ever since. It is a fashion brand that has been out for long time. He does not see the growth here. There are a lot of better places to be in retail. Where is the expansion going to come from. He does not see the brand translating well into the US.

Don Lato
President, Padlock Investment Management
Price
$10.050
Owned
Unknown
PARTIAL BUY
PARTIAL BUY
November 30, 2017

At these levels it is a great company for the long term. He owned it at one time. There is still room here. You end up kicking yourself for always thinking they are bit expensive. With housing coming back in the US, they are going to put some money back into their house. He would establish a half position and then see how it goes.

Home Depot (HD-N)
November 30, 2017

At these levels it is a great company for the long term. He owned it at one time. There is still room here. You end up kicking yourself for always thinking they are bit expensive. With housing coming back in the US, they are going to put some money back into their house. He would establish a half position and then see how it goes.

Don Lato
President, Padlock Investment Management
Price
$179.820
Owned
No
DON'T BUY
DON'T BUY
November 30, 2017

It is a great company. He just does not see how they can grow into their valuation and make money for shareholders. He would have said the same thing last year. Yet their subscriber numbers continue to grow. It is not growth at a reasonable price. AAPL-Q is at 15 times earnings and 12 if you take the cash off the balance sheet. AAPL-Q is still his number one holding in his portfolios.

Netflix Inc. (NFLX-Q)
November 30, 2017

It is a great company. He just does not see how they can grow into their valuation and make money for shareholders. He would have said the same thing last year. Yet their subscriber numbers continue to grow. It is not growth at a reasonable price. AAPL-Q is at 15 times earnings and 12 if you take the cash off the balance sheet. AAPL-Q is still his number one holding in his portfolios.

Don Lato
President, Padlock Investment Management
Price
$187.580
Owned
Unknown
WATCH
WATCH
November 30, 2017

He bought it at this level 3 or 4 year ago. The growth has stopped. The HEP C drugs caused it to run as well but they cured people so it was not going to lend itself to a lot of recurring revenue. The worst is behind them. They have other drugs in HIV and Oncology that could get the growth back up.

He bought it at this level 3 or 4 year ago. The growth has stopped. The HEP C drugs caused it to run as well but they cured people so it was not going to lend itself to a lot of recurring revenue. The worst is behind them. They have other drugs in HIV and Oncology that could get the growth back up.

Don Lato
President, Padlock Investment Management
Price
$74.780
Owned
Yes
BUY
BUY
November 30, 2017

He would buy it at this price. He has owned it all year. They have continued to grow. They have expanded production again this year even if not at the same pace. They will be flat on Natural gas for the next year because there is not a lot of demand for more. They will change from a pure growth company to one that will pay a dividend – about 1.5%. This is still a good bet for the long run.

Tourmaline Oil Corp (TOU-T)
November 30, 2017

He would buy it at this price. He has owned it all year. They have continued to grow. They have expanded production again this year even if not at the same pace. They will be flat on Natural gas for the next year because there is not a lot of demand for more. They will change from a pure growth company to one that will pay a dividend – about 1.5%. This is still a good bet for the long run.

Don Lato
President, Padlock Investment Management
Price
$23.180
Owned
Yes
DON'T BUY
DON'T BUY
November 30, 2017

He wishes he was as positive on the long term prospects as with TOU-T. They sold some assets but he would stay on the sidelines with CVE-T.

Cenovus Energy (CVE-T)
November 30, 2017

He wishes he was as positive on the long term prospects as with TOU-T. They sold some assets but he would stay on the sidelines with CVE-T.

Don Lato
President, Padlock Investment Management
Price
$12.300
Owned
Unknown
DON'T BUY
DON'T BUY
November 30, 2017

SU-T vs. CNQ-T. SU-T is a great company. With CNQ-T they are the two big guys in the field. He owns neither one but he would lean a little more to CNQ-T because of better valuation. The yield is not as great but they have more potential to bump the dividend up. Unit we get a better energy environment in Canada the growth will be limited.

Suncor Energy Inc (SU-T)
November 30, 2017

SU-T vs. CNQ-T. SU-T is a great company. With CNQ-T they are the two big guys in the field. He owns neither one but he would lean a little more to CNQ-T because of better valuation. The yield is not as great but they have more potential to bump the dividend up. Unit we get a better energy environment in Canada the growth will be limited.

Don Lato
President, Padlock Investment Management
Price
$44.750
Owned
No