Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
December 13, 2017

His principle holdings are Royal (RY-T), Bank of Nova Scotia (BNS-T) and CIBC (CM-T). TD has made a foray into the US and is doing very well, but it is taking a lot of capital to develop that. It’s a long-term payback to current shareholders when companies are on very large forays creating a position in US markets. an extremely competitive market. Recent results on US retail, where not quite up to what people were hoping for. Overall though, they've done extremely well in positioning themselves.

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Toronto Dominion (TD-T)
December 13, 2017

His principle holdings are Royal (RY-T), Bank of Nova Scotia (BNS-T) and CIBC (CM-T). TD has made a foray into the US and is doing very well, but it is taking a lot of capital to develop that. It’s a long-term payback to current shareholders when companies are on very large forays creating a position in US markets. an extremely competitive market. Recent results on US retail, where not quite up to what people were hoping for. Overall though, they've done extremely well in positioning themselves.

COMMENT
COMMENT
December 13, 2017

Within the banking group, this has always been in the higher risk/reward, more regional, more restrained area. You are always more exposed to the Canadian consumer and Canadian commercial elements. It’s always been reasonably well managed. Their dividend is extremely well covered. If buying for yield and willing to be patient, this could turn out to be a good investment at these levels.

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Laurentian Bank (LB-T)
December 13, 2017

Within the banking group, this has always been in the higher risk/reward, more regional, more restrained area. You are always more exposed to the Canadian consumer and Canadian commercial elements. It’s always been reasonably well managed. Their dividend is extremely well covered. If buying for yield and willing to be patient, this could turn out to be a good investment at these levels.

COMMENT
COMMENT
December 13, 2017

This has been moving up significantly. Doesn't know if they have new contracts, but over the last few years, they’ve gained a lot of market share in the markets they are in. A smaller company, but extremely well-managed.

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K-Bro Linen Inc (KBL-T)
December 13, 2017

This has been moving up significantly. Doesn't know if they have new contracts, but over the last few years, they’ve gained a lot of market share in the markets they are in. A smaller company, but extremely well-managed.

HOLD
HOLD
December 13, 2017

Has minimal exposure to this. A 4%+ dividend is a fairly attractive place to have some money parked. Doesn't see any significant downside.

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Power Corp (POW-T)
December 13, 2017

Has minimal exposure to this. A 4%+ dividend is a fairly attractive place to have some money parked. Doesn't see any significant downside.

PAST TOP PICK
PAST TOP PICK
December 13, 2017

(A Top Pick Feb 1/17. Up 11%.) The life insurance industry is very well positioned to take advantage if we have rising rates going forward. This company has always been particularly adept at placing itself in Asia where there is a tremendous amount of growth. Well diversified. With the new CFO, he thinks they are going to pay attention to some of the legacy problems they've had in the US. Overall, he expects profitability and margins will have a very good chance of increasing fairly significantly over the next while. This is still a Buy.

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Manulife Financial (MFC-T)
December 13, 2017

(A Top Pick Feb 1/17. Up 11%.) The life insurance industry is very well positioned to take advantage if we have rising rates going forward. This company has always been particularly adept at placing itself in Asia where there is a tremendous amount of growth. Well diversified. With the new CFO, he thinks they are going to pay attention to some of the legacy problems they've had in the US. Overall, he expects profitability and margins will have a very good chance of increasing fairly significantly over the next while. This is still a Buy.

PAST TOP PICK
PAST TOP PICK
December 13, 2017

(A Top Pick Feb 1/17. Up 18%.) He likes this, but hasn't been buying it lately. His cost basis was normally around $40. They've very successfully diversified from just being a power producer to also being a power transmission system. Over the last 10 years they've made 2 really large acquisitions very successfully. Excellent management. There are exposed to different regulatory systems, but they have enough growth in assets going forward that there will be more free cash flow and higher dividends over time.

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Fortis Inc. (FTS-T)
December 13, 2017

(A Top Pick Feb 1/17. Up 18%.) He likes this, but hasn't been buying it lately. His cost basis was normally around $40. They've very successfully diversified from just being a power producer to also being a power transmission system. Over the last 10 years they've made 2 really large acquisitions very successfully. Excellent management. There are exposed to different regulatory systems, but they have enough growth in assets going forward that there will be more free cash flow and higher dividends over time.

PAST TOP PICK
PAST TOP PICK
December 13, 2017

(A Top Pick Feb 1/17. Down 42%.) It was as though the perfect storm had hit. Because they don't treat their pulses a certain way, they had some problems importing to India until they received the exemption. The company has diversified into the food and ingredients area more. Parts of the business are doing very well. He perceives this as more of a cyclical problem. They have an oversupply in a number of areas that have to work its way through the system, which could happen within the next 6 months to a year. At these prices, this stock could be fairly attractive, although it is a bit higher risk/reward.

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(A Top Pick Feb 1/17. Down 42%.) It was as though the perfect storm had hit. Because they don't treat their pulses a certain way, they had some problems importing to India until they received the exemption. The company has diversified into the food and ingredients area more. Parts of the business are doing very well. He perceives this as more of a cyclical problem. They have an oversupply in a number of areas that have to work its way through the system, which could happen within the next 6 months to a year. At these prices, this stock could be fairly attractive, although it is a bit higher risk/reward.