Latest Expert Opinions

Signal
Opinion
Expert
SELL
SELL
January 31, 2018

A lot of the Canadian energy companies are disadvantaged versus some of the US growth companies that are finding oil at very, very low prices. US investors no longer have to come to the Canadian market to buy energy. Canadian companies are suffering from a lack of pipeline capacity and the ability to get stuff to market. That's a structural problem that does not seem to be going away. This company is one of the weaker performers in the group. When you’re in a Bull market, you better get to the things that are working. He would suggest you cut this stock and move on.

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A lot of the Canadian energy companies are disadvantaged versus some of the US growth companies that are finding oil at very, very low prices. US investors no longer have to come to the Canadian market to buy energy. Canadian companies are suffering from a lack of pipeline capacity and the ability to get stuff to market. That's a structural problem that does not seem to be going away. This company is one of the weaker performers in the group. When you’re in a Bull market, you better get to the things that are working. He would suggest you cut this stock and move on.

HOLD
HOLD
January 31, 2018

Partial Sell and move into something else? He has a lot of exposure in these types of stocks, and they’ve been really, really strong. This is partly on increased government spending and partly on really strong visibility. It looks like the group is going to continue to perform well. This company wins not only through its defence business, but commercial aircraft travel is booming around the world.

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Boeing (BA-N)
January 31, 2018

Partial Sell and move into something else? He has a lot of exposure in these types of stocks, and they’ve been really, really strong. This is partly on increased government spending and partly on really strong visibility. It looks like the group is going to continue to perform well. This company wins not only through its defence business, but commercial aircraft travel is booming around the world.

COMMENT
COMMENT
January 31, 2018

Over time, this has been a good holding. However, it’s had a very volatile year since 2016. Partly because the restaurant group has not been in favour, and partly because the company has his own issues. They've grown their dividend 24%-25% a year over the last 4 years. However, this is a sector that is not terribly economically sensitive. If you are going to be in the consumer sector, he would prefer something that is in the travel/leisure space, and would look at a Marriott (MAR-Q) or a Carnival Cruise Lines (CCL-N).

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Starbucks (SBUX-Q)
January 31, 2018

Over time, this has been a good holding. However, it’s had a very volatile year since 2016. Partly because the restaurant group has not been in favour, and partly because the company has his own issues. They've grown their dividend 24%-25% a year over the last 4 years. However, this is a sector that is not terribly economically sensitive. If you are going to be in the consumer sector, he would prefer something that is in the travel/leisure space, and would look at a Marriott (MAR-Q) or a Carnival Cruise Lines (CCL-N).

PAST TOP PICK
PAST TOP PICK
January 31, 2018

(A Top Pick March 21/17. Up 7.88%.) This had a wonderful run, running to $144. He runs Stop/Losses on his positions, and got taken out at $130. The lithium stocks were wonderful performers last year. They've had some correction recently, and there has been some discussion about more supply coming into the market.

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Albemarle Corp (ALB-N)
January 31, 2018

(A Top Pick March 21/17. Up 7.88%.) This had a wonderful run, running to $144. He runs Stop/Losses on his positions, and got taken out at $130. The lithium stocks were wonderful performers last year. They've had some correction recently, and there has been some discussion about more supply coming into the market.

PAST TOP PICK
PAST TOP PICK
January 31, 2018

(A Top Pick March 21/17. Up 59.71%.) This company really benefited from a shift in its business model to subscription. Once people are subscribing, it’s very easy for them to put the price up, which he thinks they’ve done 3 times in the last year. They're growing their revenue, their profitability and their market share. It is still a Buy.

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Adobe Systems (ADBE-Q)
January 31, 2018

(A Top Pick March 21/17. Up 59.71%.) This company really benefited from a shift in its business model to subscription. Once people are subscribing, it’s very easy for them to put the price up, which he thinks they’ve done 3 times in the last year. They're growing their revenue, their profitability and their market share. It is still a Buy.

PAST TOP PICK
PAST TOP PICK
January 31, 2018

(A Top Pick March 21/17. Up 40.77%) Continues to be one of his top 10 holdings. The story continues to play out. Tax changes help. Rising interest rates help. The growing US economy helps. Cost cutting helps. This is one that can continue to do very well. It's only trading at about 1.4X BV. It’s traded as high as 3X BV in the past.

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Bank of America (BAC-N)
January 31, 2018

(A Top Pick March 21/17. Up 40.77%) Continues to be one of his top 10 holdings. The story continues to play out. Tax changes help. Rising interest rates help. The growing US economy helps. Cost cutting helps. This is one that can continue to do very well. It's only trading at about 1.4X BV. It’s traded as high as 3X BV in the past.

COMMENT
COMMENT
January 31, 2018

For a TFSA? This builds and produces green energy globally. It pays a 4% yield, which is very attractive. However, the keyword is "Power". It is part of the utility group even though it's a little different, and is going to get painted with that brush. You have to remember that 80% of return is buying in the right neighbourhood. If your view is that interest rates are going to stay relatively low and bonds are going to be benign, this would be great. However the signs are pointing to higher rates, a little higher inflation, and you want something with a little more dividend growth as you go along. He would suggest a bank or one of the big, mature software companies. (See Top Picks.)

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For a TFSA? This builds and produces green energy globally. It pays a 4% yield, which is very attractive. However, the keyword is "Power". It is part of the utility group even though it's a little different, and is going to get painted with that brush. You have to remember that 80% of return is buying in the right neighbourhood. If your view is that interest rates are going to stay relatively low and bonds are going to be benign, this would be great. However the signs are pointing to higher rates, a little higher inflation, and you want something with a little more dividend growth as you go along. He would suggest a bank or one of the big, mature software companies. (See Top Picks.)