Latest Expert Opinions

Signal
Opinion
Expert
WAIT
WAIT
December 19, 2017

From a seasonal perspective, it’s very difficult to do an analysis on a stock like this that had this rapid growth. It has consolidated in the last 2 years, before that in 2015 we saw a ramp up that was fantastic, but right now we’re at the top of the range and it looks like we might be turning down at this point. He would actually be waiting on this one and wait for a pull back, perhaps at level of about $50. That’s a long way down, but if it does get there that would be a good entry point.

From a seasonal perspective, it’s very difficult to do an analysis on a stock like this that had this rapid growth. It has consolidated in the last 2 years, before that in 2015 we saw a ramp up that was fantastic, but right now we’re at the top of the range and it looks like we might be turning down at this point. He would actually be waiting on this one and wait for a pull back, perhaps at level of about $50. That’s a long way down, but if it does get there that would be a good entry point.

Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$66.470
Owned
Unknown
COMMENT
COMMENT
December 19, 2017

Impact of Boeing dispute decision to be announced tomorrow. It will move the stock a little bit but he can’t say on the outcome. Bombardier has said they would make planes in the States. If they didn’t have the relationship with Aribus, it would move the stock a lot more. Now that they have this relationship, it’s very difficult to say what's going to happen. Striking a partnership with Airbus has edged away some of their exposure.

Impact of Boeing dispute decision to be announced tomorrow. It will move the stock a little bit but he can’t say on the outcome. Bombardier has said they would make planes in the States. If they didn’t have the relationship with Aribus, it would move the stock a lot more. Now that they have this relationship, it’s very difficult to say what's going to happen. Striking a partnership with Airbus has edged away some of their exposure.

Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$3.060
Owned
Unknown
COMMENT
COMMENT
December 19, 2017

They are building this $3.5 billion petrochemical plant to make plastic which is really interesting. From a company perspective, thats a huge thing for them. It’s going to add some diversification. As far as the actual technicals, we saw this overall flat period followed by a little bit of a correction, and the stock is down overall so far in 2017. Energy stocks tends to perform well in February or early January. This might be a good way to sneak into the sector right now. He would like to see a little bit more strength right now. We have seen a breakout on the downtrend which is positive, but he’d be looking for more of a breakout here.

Inter Pipeline (IPL-T)
December 19, 2017

They are building this $3.5 billion petrochemical plant to make plastic which is really interesting. From a company perspective, thats a huge thing for them. It’s going to add some diversification. As far as the actual technicals, we saw this overall flat period followed by a little bit of a correction, and the stock is down overall so far in 2017. Energy stocks tends to perform well in February or early January. This might be a good way to sneak into the sector right now. He would like to see a little bit more strength right now. We have seen a breakout on the downtrend which is positive, but he’d be looking for more of a breakout here.

Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$25.700
Owned
Unknown
COMMENT
COMMENT
December 19, 2017

He hasn’t done a seasonal analysis on this one. But right now he would like to see this broken down trend. If it keeps going down, why trying to catch a falling knife. You want to see the stock moving sideways preferably and then ask yourself what is the point to get in. Something else is going, on. This stock should have done better this year.

He hasn’t done a seasonal analysis on this one. But right now he would like to see this broken down trend. If it keeps going down, why trying to catch a falling knife. You want to see the stock moving sideways preferably and then ask yourself what is the point to get in. Something else is going, on. This stock should have done better this year.

Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$37.080
Owned
Unknown
COMMENT
COMMENT
December 19, 2017

They are in a tough industry being in mutual funds and trying to transition out. Saw a big decline from 2015 until 2016 and now we’ve just moved sideways when they should have been moving up. We are in seasonal period and financial companies tends to get strong at this time of the year. From a seasonal perspective, look at April to be getting out if you’re in it. He doesn’t see an exciting opportunity here. If they break above the $30 level that might actually be a good thing. Technically it’s looking OK despite being flat for most of the year.

CI Financial Corp (CIX-T)
December 19, 2017

They are in a tough industry being in mutual funds and trying to transition out. Saw a big decline from 2015 until 2016 and now we’ve just moved sideways when they should have been moving up. We are in seasonal period and financial companies tends to get strong at this time of the year. From a seasonal perspective, look at April to be getting out if you’re in it. He doesn’t see an exciting opportunity here. If they break above the $30 level that might actually be a good thing. Technically it’s looking OK despite being flat for most of the year.

Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$29.510
Owned
Unknown
COMMENT
COMMENT
December 19, 2017

They suspended the dividends but there is an expectation they are going to restore it. Going sideways, fairly good development overall. We are not in the seasonal period for energy. It can be a little weak in January. If it get closer to $19 level or so, that would be a good technical buy signal. We’ve seen some pickup with higher lows so technically this looks better as we get into the seasonal period for energy stock.

Husky Energy (HSE-T)
December 19, 2017

They suspended the dividends but there is an expectation they are going to restore it. Going sideways, fairly good development overall. We are not in the seasonal period for energy. It can be a little weak in January. If it get closer to $19 level or so, that would be a good technical buy signal. We’ve seen some pickup with higher lows so technically this looks better as we get into the seasonal period for energy stock.

Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$17.180
Owned
Unknown
TOP PICK
TOP PICK
December 19, 2017

This is the time period where small caps stocks tends to go up until the beginning of March. A lot of it is from tax loss selling that helps drive it up. The small cap sector tends to perform well at this time.

This is the time period where small caps stocks tends to go up until the beginning of March. A lot of it is from tax loss selling that helps drive it up. The small cap sector tends to perform well at this time.

Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$153.080
Owned
Yes