Latest Expert Opinions

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Opinion
Expert
COMMENT
COMMENT
January 29, 2018

If you are going to be in an emerging market like India, then you want to be in consumer products or financials, because they are going to get you to all the consumers that are out there. For him, it was between HDFC Bank and this company. HDFC had better metrics. You will be dealing with the volatility of being in India. Both stocks had huge run ups last year in the 30%-40% range. They are pausing right now because they have to see what is going to happen with all of economic changes the government has put through. The government is allowing banks to write off bad loans and to start fresh again. These 2 are probably the best capitalized of the banks, and therefore the least risky. You are going to have volatility of roughly 30%-40% a year and will have to live with it. (See Top Picks.)

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ICICI Bank Ltd. (IBN-N)
January 29, 2018

If you are going to be in an emerging market like India, then you want to be in consumer products or financials, because they are going to get you to all the consumers that are out there. For him, it was between HDFC Bank and this company. HDFC had better metrics. You will be dealing with the volatility of being in India. Both stocks had huge run ups last year in the 30%-40% range. They are pausing right now because they have to see what is going to happen with all of economic changes the government has put through. The government is allowing banks to write off bad loans and to start fresh again. These 2 are probably the best capitalized of the banks, and therefore the least risky. You are going to have volatility of roughly 30%-40% a year and will have to live with it. (See Top Picks.)

PARTIAL BUY
PARTIAL BUY
January 29, 2018

This has the cell towers and fiber-optic networks that are going through all US cities. He is more attracted to the bonds than to the stocks, because it is a highly leveraged company. They are on the edge of investment grade, so a downturn could hurt. Demand for speed and 5G is coming and is going to be an opportunity. If you want to go into a company like this, the volatility is going to be very high, so you only want to go in with a half position, and manage it over time.

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American Tower (AMT-N)
January 29, 2018

This has the cell towers and fiber-optic networks that are going through all US cities. He is more attracted to the bonds than to the stocks, because it is a highly leveraged company. They are on the edge of investment grade, so a downturn could hurt. Demand for speed and 5G is coming and is going to be an opportunity. If you want to go into a company like this, the volatility is going to be very high, so you only want to go in with a half position, and manage it over time.

PARTIAL BUY
PARTIAL BUY
January 29, 2018

The long-term outlook is still very strong. The market is expensive and the stock price is expensive, so this is where you want to come in with a disciplined strategy of buying a half position, and let the market dictate when you allocate the next half.

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Microsoft (MSFT-Q)
January 29, 2018

The long-term outlook is still very strong. The market is expensive and the stock price is expensive, so this is where you want to come in with a disciplined strategy of buying a half position, and let the market dictate when you allocate the next half.

COMMENT
COMMENT
January 29, 2018

Manufactures syringes and other medical devices. Just completed a big merger. The merger of 2 strong free cash flow growing companies has made them a powerhouse, and the stock has taken off after the announcement of the acquisition. Expectation is 10% free cash flow growth, and as a result, 10% dividend growth over time.

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Becton Dickinson (BDX-N)
January 29, 2018

Manufactures syringes and other medical devices. Just completed a big merger. The merger of 2 strong free cash flow growing companies has made them a powerhouse, and the stock has taken off after the announcement of the acquisition. Expectation is 10% free cash flow growth, and as a result, 10% dividend growth over time.

COMMENT
COMMENT
January 29, 2018

This owns other publicly listed companies, so it is going to go up and down depending on what the companies they own do. Has had a great winning streak until last year when it took a big drop in the summer. Dividends are lumpy because it is based on a percentage of their profitability. It fell from about €7 to €6. He’s not a big fan. Would rather own the individual stocks themselves.

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HAL Trust (HAL-EN)
January 29, 2018

This owns other publicly listed companies, so it is going to go up and down depending on what the companies they own do. Has had a great winning streak until last year when it took a big drop in the summer. Dividends are lumpy because it is based on a percentage of their profitability. It fell from about €7 to €6. He’s not a big fan. Would rather own the individual stocks themselves.

TOP PICK
TOP PICK
January 29, 2018

He is trying to find companies that are trading at fairly low multiples. This is trading at roughly 13X earnings out to 2020. If Mr. Trump puts through an infrastructure bill, this company is in a situation where they can take advantage of it. Through acquisitions they’ve upped their environmental capabilities as well as US exposure. You get a dividend growth of roughly 10% a year. Dividend yield of 1.43%. (Analysts' price target is $39.45.)

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Stantec Inc (STN-T)
January 29, 2018

He is trying to find companies that are trading at fairly low multiples. This is trading at roughly 13X earnings out to 2020. If Mr. Trump puts through an infrastructure bill, this company is in a situation where they can take advantage of it. Through acquisitions they’ve upped their environmental capabilities as well as US exposure. You get a dividend growth of roughly 10% a year. Dividend yield of 1.43%. (Analysts' price target is $39.45.)

TOP PICK
TOP PICK
January 29, 2018

He owns 3 banks. Toronto Dominion (TD-T) for North America, Svenska for Europe, and HDFC (HDB-N) for India. This avoids correlation risk. Svenska, is a Swedish bank and a little different in that head office doesn't make the decisions, the branch manager does. They have a steeple effect, where if you climb the steeple, everything you can see in 360° is your market. Very conservatively run. The dividend has been rising at roughly 10%-15%. Trading roughly 13.5X earnings. Dividend yield of 4.32%. (Analysts' price target is 117.73 SEK.)

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He owns 3 banks. Toronto Dominion (TD-T) for North America, Svenska for Europe, and HDFC (HDB-N) for India. This avoids correlation risk. Svenska, is a Swedish bank and a little different in that head office doesn't make the decisions, the branch manager does. They have a steeple effect, where if you climb the steeple, everything you can see in 360° is your market. Very conservatively run. The dividend has been rising at roughly 10%-15%. Trading roughly 13.5X earnings. Dividend yield of 4.32%. (Analysts' price target is 117.73 SEK.)