Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
December 19, 2017

Had been reluctant on this, because of their model getting lapped by new technology. Their model was distribution of media products through conventional resources, mostly in cable. Most of their profit contribution came from ESPN and ABC. The acquisition of Fox kind of gets them out of the penalty box with a much larger content in order to take Netflix on. They are going to have a streaming sports package, a streaming package for family-friendly media as well as more traditional adult oriented opportunity. He is quite positive on this.

Walt Disney (DIS-N)
December 19, 2017

Had been reluctant on this, because of their model getting lapped by new technology. Their model was distribution of media products through conventional resources, mostly in cable. Most of their profit contribution came from ESPN and ABC. The acquisition of Fox kind of gets them out of the penalty box with a much larger content in order to take Netflix on. They are going to have a streaming sports package, a streaming package for family-friendly media as well as more traditional adult oriented opportunity. He is quite positive on this.

Gordon Reid
President, GoodReid Investment Counsel
Price
$111.810
Owned
Yes
COMMENT
COMMENT
December 19, 2017

Has had a very tough go over the last 15 years. He hasn't been involved for many, many years. They had just been buying and selling properties that made no sense, and are just starting to get out of the hole. It’s been thrown on the value heap. There will be a time of resurrection, but you don't want to spend too much time with dormant or dead money before that Renaissance, which won't happen for a while.

General Electric (GE-N)
December 19, 2017

Has had a very tough go over the last 15 years. He hasn't been involved for many, many years. They had just been buying and selling properties that made no sense, and are just starting to get out of the hole. It’s been thrown on the value heap. There will be a time of resurrection, but you don't want to spend too much time with dormant or dead money before that Renaissance, which won't happen for a while.

Gordon Reid
President, GoodReid Investment Counsel
Price
$17.590
Owned
No
HOLD
HOLD
December 19, 2017

Money centred banks tend to do well through an economic expansion, but they are cyclical. They won't do well during a recessionary period. Where we are in the cycle still allows you to own this bank. It is still good value. They will be making a lot of money as interest rates rise, because of margin spreads.

Bank of America (BAC-N)
December 19, 2017

Money centred banks tend to do well through an economic expansion, but they are cyclical. They won't do well during a recessionary period. Where we are in the cycle still allows you to own this bank. It is still good value. They will be making a lot of money as interest rates rise, because of margin spreads.

Gordon Reid
President, GoodReid Investment Counsel
Price
$29.450
Owned
Yes
DON'T BUY
DON'T BUY
December 19, 2017

This has been a very successful operation. The 5th largest corporation in the US, and doing extremely well. 60 Minutes recently did a profile on their distribution of opioids to pharmacies/dispensaries where the DVA thought they should have known there were some orders that were not legitimate and were going to cartels and illegal drug distribution networks. He thinks this has some legs, so he would not venture into this company.

McKesson Corp (MCK-N)
December 19, 2017

This has been a very successful operation. The 5th largest corporation in the US, and doing extremely well. 60 Minutes recently did a profile on their distribution of opioids to pharmacies/dispensaries where the DVA thought they should have known there were some orders that were not legitimate and were going to cartels and illegal drug distribution networks. He thinks this has some legs, so he would not venture into this company.

Gordon Reid
President, GoodReid Investment Counsel
Price
$159.970
Owned
Unknown
PARTIAL SELL
PARTIAL SELL
December 19, 2017

He would be a little cautious on this. Its valuation is in the low 20s, which is quite high on a PE ratio. There has been an ongoing commoditization of the chip market, so it tends to be very volatile. If you own, consider selling some of your holdings, if not all of it, and move on to something which has a little more stability.

Texas Instruments (TXN-Q)
December 19, 2017

He would be a little cautious on this. Its valuation is in the low 20s, which is quite high on a PE ratio. There has been an ongoing commoditization of the chip market, so it tends to be very volatile. If you own, consider selling some of your holdings, if not all of it, and move on to something which has a little more stability.

Gordon Reid
President, GoodReid Investment Counsel
Price
$104.100
Owned
Unknown
COMMENT
COMMENT
December 19, 2017

This has been a fantastic performer. Without question, it is the best restaurant property in its space. Over the decades, they have reinvented themselves a number of times, from a burger/chip joint to a healthier menu. They’re also becoming much more efficient in their operations, currently franchising a large percentage of their company owned stores. This gives them higher return on invested capital.

McDonalds (MCD-N)
December 19, 2017

This has been a fantastic performer. Without question, it is the best restaurant property in its space. Over the decades, they have reinvented themselves a number of times, from a burger/chip joint to a healthier menu. They’re also becoming much more efficient in their operations, currently franchising a large percentage of their company owned stores. This gives them higher return on invested capital.

Gordon Reid
President, GoodReid Investment Counsel
Price
$173.390
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
December 19, 2017

(A Top Pick Dec 19/16. Up 61%.) Homebuilders have done wonderfully in his US small-cap portfolio. This company is in the process of being acquired.

(A Top Pick Dec 19/16. Up 61%.) Homebuilders have done wonderfully in his US small-cap portfolio. This company is in the process of being acquired.

Gordon Reid
President, GoodReid Investment Counsel
Price
$55.200
Owned
Yes