Latest Expert Opinions

Signal
Opinion
Expert
HOLD
HOLD
December 11, 2017

It contains some of the best quality companies in the US. BMO write puts 15-20% below the market price. They generate additional income from the puts. Every month if the markets don’t fall to those prices, then they harvest the income on those puts. BMO does not want to own the stocks so if necessary they buy the option and re-write the put. He expects 6-7% from it. If it is not working out the way you hoped, pricewise, then you have to ask if you can take the asset and put it somewhere else. This ETF won’t grow in price.

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It contains some of the best quality companies in the US. BMO write puts 15-20% below the market price. They generate additional income from the puts. Every month if the markets don’t fall to those prices, then they harvest the income on those puts. BMO does not want to own the stocks so if necessary they buy the option and re-write the put. He expects 6-7% from it. If it is not working out the way you hoped, pricewise, then you have to ask if you can take the asset and put it somewhere else. This ETF won’t grow in price.

COMMENT
COMMENT
December 11, 2017

The dividend paying stocks average about 4% in dividends. The premium above that is coming from the covered call strategy and there is no return of capital in that model. There are capital distributions from mergers and acquisitions only. There is a high correlation to financials in Canada. It is kind of like the weighting of the TSX.

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The dividend paying stocks average about 4% in dividends. The premium above that is coming from the covered call strategy and there is no return of capital in that model. There are capital distributions from mergers and acquisitions only. There is a high correlation to financials in Canada. It is kind of like the weighting of the TSX.

BUY WEAKNESS
BUY WEAKNESS
December 11, 2017

It is not unlike a REIT but for pipelines in the US. They put it into this MLP structure. It is a basket of pipeline stocks. The revenue gets passed on to the shareholder. It is not a Canadian dividend, however, so not taxed the same way. He thinks you are in a trading range environment now. He has been buying on weakness.

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Alerian MLP ETF (AMLP-N)
December 11, 2017

It is not unlike a REIT but for pipelines in the US. They put it into this MLP structure. It is a basket of pipeline stocks. The revenue gets passed on to the shareholder. It is not a Canadian dividend, however, so not taxed the same way. He thinks you are in a trading range environment now. He has been buying on weakness.

COMMENT
COMMENT
December 11, 2017

Buying back shares will be part of what to do with all that money. He does not think that repatriating cash will cause a CEO to pay his employees more. He does not think that repatriating capital will have the impact on the US economy that the government thinks it will.

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Microsoft (MSFT-Q)
December 11, 2017

Buying back shares will be part of what to do with all that money. He does not think that repatriating cash will cause a CEO to pay his employees more. He does not think that repatriating capital will have the impact on the US economy that the government thinks it will.

BUY WEAKNESS
BUY WEAKNESS
December 11, 2017

They will do what the underlying commodity does. It is a bit of an opportunity here. It is starting to get a lot more interesting here. It could fall another 10-15% if gold keeps going down. He is nibbling way here, however.

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Goldcorp Inc (G-T)
December 11, 2017

They will do what the underlying commodity does. It is a bit of an opportunity here. It is starting to get a lot more interesting here. It could fall another 10-15% if gold keeps going down. He is nibbling way here, however.

DON'T BUY
DON'T BUY
December 11, 2017

It is a very expensive stock. These things are priced for perfection. They missed some estimates by a few pennies recently and the stock dropped $30 and then rocketed right back up the same day. He thinks the multiple is quite expensive. You need to wait for an overcorrection.

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Dollarama Inc. (DOL-T)
December 11, 2017

It is a very expensive stock. These things are priced for perfection. They missed some estimates by a few pennies recently and the stock dropped $30 and then rocketed right back up the same day. He thinks the multiple is quite expensive. You need to wait for an overcorrection.

BUY
BUY
December 11, 2017

They are just breaking even but cash flow positive. They not only sell motion systems but also lease them. You have to look at gross sales as well as rental income. They have a version in the reclining movie theatre seats now. He expects some big orders from AMC-N.

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D-Box Technologies (DBO-T)
December 11, 2017

They are just breaking even but cash flow positive. They not only sell motion systems but also lease them. You have to look at gross sales as well as rental income. They have a version in the reclining movie theatre seats now. He expects some big orders from AMC-N.