Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
December 19, 2017

This has done extremely well. They expanded their portfolio of big equipment at the cusp of an infrastructure spend. The one thing he would caution on is that they are a fairly high beta stock, so you are going to see a fair bit of volatility. Also has a fairly levered balance sheet.

United Rentals (URI-N)
December 19, 2017

This has done extremely well. They expanded their portfolio of big equipment at the cusp of an infrastructure spend. The one thing he would caution on is that they are a fairly high beta stock, so you are going to see a fair bit of volatility. Also has a fairly levered balance sheet.

Gordon Reid
President, GoodReid Investment Counsel
Price
$166.380
Owned
Yes
COMMENT
COMMENT
December 19, 2017

Sell Halliburton (HAL-N) and buy Schlumberger (SLB-N) to avoid the superficial tax loss? This is one way of doing it. The rule is that you can't buy back the same security within 30 days. He prefers Halliburton.

Halliburton Co (HAL-N)
December 19, 2017

Sell Halliburton (HAL-N) and buy Schlumberger (SLB-N) to avoid the superficial tax loss? This is one way of doing it. The rule is that you can't buy back the same security within 30 days. He prefers Halliburton.

Gordon Reid
President, GoodReid Investment Counsel
Price
$45.870
Owned
Yes
COMMENT
COMMENT
December 19, 2017

Sell Halliburton (HAL-N) and buy Schlumberger (SLB-N) to avoid the superficial tax loss? This is one way of doing it. The rule is that you can't buy back the same security within 30 days. He prefers Halliburton.

Schlumberger Ltd. (SLB-N)
December 19, 2017

Sell Halliburton (HAL-N) and buy Schlumberger (SLB-N) to avoid the superficial tax loss? This is one way of doing it. The rule is that you can't buy back the same security within 30 days. He prefers Halliburton.

Gordon Reid
President, GoodReid Investment Counsel
Price
$64.390
Owned
Unknown
TOP PICK
TOP PICK
December 19, 2017

Has over 1 billion installed devices, and a 93% loyalty rate. They have a lot of foreign cash, $51 per share. 30% of the total market share is in cash. Trades at about 15X earnings, but if you take the cash into account, it is about 12X. Dividend yield of 1.4%. (Analysts' price target is $193.)

Apple (AAPL-Q)
December 19, 2017

Has over 1 billion installed devices, and a 93% loyalty rate. They have a lot of foreign cash, $51 per share. 30% of the total market share is in cash. Trades at about 15X earnings, but if you take the cash into account, it is about 12X. Dividend yield of 1.4%. (Analysts' price target is $193.)

Gordon Reid
President, GoodReid Investment Counsel
Price
$174.540
Owned
Yes
TOP PICK
TOP PICK
December 19, 2017

Bought this as a money centred bank and thinks it is an excellent opportunity from a valuation standpoint. It’s going into a more mature valuation similar to the other banks. Dividend yield of 1.7%. (Analysts' price target is $78.50.)

CitiGroup (C-N)
December 19, 2017

Bought this as a money centred bank and thinks it is an excellent opportunity from a valuation standpoint. It’s going into a more mature valuation similar to the other banks. Dividend yield of 1.7%. (Analysts' price target is $78.50.)

Gordon Reid
President, GoodReid Investment Counsel
Price
$74.700
Owned
Yes
TOP PICK
TOP PICK
December 19, 2017

This is basically a play on the markets we are in, and the activity. They have an asset management group with about $10 billion under management. It is growing well and will make about $6.50-$7 next year. Not expensive. A good way to be involved in a growing market. Dividend yield of 1.5%. (Analysts' price target is $78.)

This is basically a play on the markets we are in, and the activity. They have an asset management group with about $10 billion under management. It is growing well and will make about $6.50-$7 next year. Not expensive. A good way to be involved in a growing market. Dividend yield of 1.5%. (Analysts' price target is $78.)

Gordon Reid
President, GoodReid Investment Counsel
Price
$80.700
Owned
Yes
COMMENT
COMMENT
December 19, 2017

Bread price-fixing He can’t believe this happened in Canada with a major supermarket. Loblaw will be offering $25 gift cards to consumers and book a hit of $75M-$150M which isn’t a big amount considering the size of the company. He doesn’t think it will have any dramatic impact.

Loblaw Companies Ltd (L-T)
December 19, 2017

Bread price-fixing He can’t believe this happened in Canada with a major supermarket. Loblaw will be offering $25 gift cards to consumers and book a hit of $75M-$150M which isn’t a big amount considering the size of the company. He doesn’t think it will have any dramatic impact.

Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$68.650
Owned
Unknown