Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
January 24, 2018

Her portfolios don't have much that touches the end consumer, just because of how quickly consumers change their minds. Recent surveys showing usage trends seem to be down on the younger age groups. That is always a concern with companies like this, especially when it is trading at its current valuation multiple. If consumers changed how they viewed this company, that could be disastrous for the share price.

Facebook (FB-Q)
January 24, 2018

Her portfolios don't have much that touches the end consumer, just because of how quickly consumers change their minds. Recent surveys showing usage trends seem to be down on the younger age groups. That is always a concern with companies like this, especially when it is trading at its current valuation multiple. If consumers changed how they viewed this company, that could be disastrous for the share price.

Jennifer Radman
VP & Sr. Portfolio Manager, Caldwell Investment Management
Price
$186.550
Owned
No
COMMENT
COMMENT
January 24, 2018

Has owned this since 2012. There was a lot of fear on their switches and networking being old technology and their business was going to get destroyed. However, Cisco has managed this before. They take their installed base and then pivot to where the industry is going. Instead of selling switches and routers to IT people, they do consulting as to what is actually needed. They are selling a solution, as opposed to just a piece of hardware. Has done a good job on holding growth margins above 60%. The valuation is still attractive.

Cisco (CSCO-Q)
January 24, 2018

Has owned this since 2012. There was a lot of fear on their switches and networking being old technology and their business was going to get destroyed. However, Cisco has managed this before. They take their installed base and then pivot to where the industry is going. Instead of selling switches and routers to IT people, they do consulting as to what is actually needed. They are selling a solution, as opposed to just a piece of hardware. Has done a good job on holding growth margins above 60%. The valuation is still attractive.

Jennifer Radman
VP & Sr. Portfolio Manager, Caldwell Investment Management
Price
$42.170
Owned
Yes
COMMENT
COMMENT
January 24, 2018

This has a very strong position on the overnight market, and they are expanding that. They are going through a capital spending period, so you really have to look at their cash flow profile on what they call a maintenance basis, not what they are spending on growth. They are close to an 8% free cash flow yield, which for that type of the business is pretty attractive. There are some very strong online tailwinds going on for them.

Cargojet Inc (CJT-T)
January 24, 2018

This has a very strong position on the overnight market, and they are expanding that. They are going through a capital spending period, so you really have to look at their cash flow profile on what they call a maintenance basis, not what they are spending on growth. They are close to an 8% free cash flow yield, which for that type of the business is pretty attractive. There are some very strong online tailwinds going on for them.

Jennifer Radman
VP & Sr. Portfolio Manager, Caldwell Investment Management
Price
$62.500
Owned
Yes
TOP PICK
TOP PICK
January 24, 2018

This has been really beaten up and lagging its competitors. Some exposure to the oil/gas industry, being Edmonton-based, put some stigma around it. It’s the 3rd largest design firm in North America. Thinks a lot of headwinds they’ve been seeing are behind them now. 5% free cash flow yield. Dividend yield of 1.4%. (Analysts' price target is $39.50.)

Stantec Inc (STN-T)
January 24, 2018

This has been really beaten up and lagging its competitors. Some exposure to the oil/gas industry, being Edmonton-based, put some stigma around it. It’s the 3rd largest design firm in North America. Thinks a lot of headwinds they’ve been seeing are behind them now. 5% free cash flow yield. Dividend yield of 1.4%. (Analysts' price target is $39.50.)

Jennifer Radman
VP & Sr. Portfolio Manager, Caldwell Investment Management
Price
$35.390
Owned
Yes
TOP PICK
TOP PICK
January 24, 2018

This has technology that optimizes the powertrain. That’s important, because you have all these regulations that come out on vehicle emissions globally, and thinks this one is being grouped in with the North American peak auto fears, but most of their revenue is from outside of North America, and they have powerful tailwinds from regulatory standards coming out. Also, they make about 5X more on electric vehicles. (Analysts' price target is $60.)

This has technology that optimizes the powertrain. That’s important, because you have all these regulations that come out on vehicle emissions globally, and thinks this one is being grouped in with the North American peak auto fears, but most of their revenue is from outside of North America, and they have powerful tailwinds from regulatory standards coming out. Also, they make about 5X more on electric vehicles. (Analysts' price target is $60.)

Jennifer Radman
VP & Sr. Portfolio Manager, Caldwell Investment Management
Price
$56.210
Owned
Yes
TOP PICK
TOP PICK
January 24, 2018

This is in packaging. It is more of a stable type name, that if we see markets and economy rolling over, it will do well putting some stability in your portfolio. They also do specialized materials, and are getting more into the health and hygiene segment. The largest buyer of resins so have a leading position in the plastics space. The industry is quite fragmented, so they have an acquisition strategy that has added significant value to the business. (Analysts' price target is $70.)

This is in packaging. It is more of a stable type name, that if we see markets and economy rolling over, it will do well putting some stability in your portfolio. They also do specialized materials, and are getting more into the health and hygiene segment. The largest buyer of resins so have a leading position in the plastics space. The industry is quite fragmented, so they have an acquisition strategy that has added significant value to the business. (Analysts' price target is $70.)

Jennifer Radman
VP & Sr. Portfolio Manager, Caldwell Investment Management
Price
$59.390
Owned
Yes