Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
February 6, 2018

Has been struggling. Their core product was carbonated soft drinks, for which demand has been shrinking. They have diversified away from that. Over 50% of their revenues now come from other types of products. However, he prefers Coke to Pepsi. Coke and Pepsi have similar yield.

PepsiCo (PEP-Q)
February 6, 2018

Has been struggling. Their core product was carbonated soft drinks, for which demand has been shrinking. They have diversified away from that. Over 50% of their revenues now come from other types of products. However, he prefers Coke to Pepsi. Coke and Pepsi have similar yield.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$113.560
Owned
No
COMMENT
COMMENT
February 6, 2018

Prefers this stock to Pepsi (PEP-Q). Has also diversified away from soft drinks. Has divested its bottling business. It collects royalties from that, along with cash from the sale. If he had to pick between them, he would buy Coke.

Coca-Cola Company (KO-N)
February 6, 2018

Prefers this stock to Pepsi (PEP-Q). Has also diversified away from soft drinks. Has divested its bottling business. It collects royalties from that, along with cash from the sale. If he had to pick between them, he would buy Coke.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$44.670
Owned
Unknown
HOLD
HOLD
February 6, 2018

Utility names, and interest-sensitive stocks generally, including Telcos, have been under pressure. If you own it, there is no rush to sell it. He prefers Algonquin Power (AQN-T) and Emera (EMA-T) because they have good growth profiles and that will give them better ability to raise their dividend.

Fortis Inc. (FTS-T)
February 6, 2018

Utility names, and interest-sensitive stocks generally, including Telcos, have been under pressure. If you own it, there is no rush to sell it. He prefers Algonquin Power (AQN-T) and Emera (EMA-T) because they have good growth profiles and that will give them better ability to raise their dividend.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$41.220
Owned
No
DON'T BUY
DON'T BUY
February 6, 2018

He does not think the dividend is sustainable over the long term. It looked better 6 months ago, but their Q4 revenues were decimated. They do justify their dividend with cash flows, it is not in danger today, but with ad revenues declining, the dividend might be threatened three or six months from now. Watch out for a dividend cut if ad revenues continue to be under pressure.

He does not think the dividend is sustainable over the long term. It looked better 6 months ago, but their Q4 revenues were decimated. They do justify their dividend with cash flows, it is not in danger today, but with ad revenues declining, the dividend might be threatened three or six months from now. Watch out for a dividend cut if ad revenues continue to be under pressure.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$8.200
Owned
No
BUY
BUY
February 6, 2018

He thinks CIBC is one of the two best opportunities in the financial space in Canada, on a valuation basis. The other is National Bank (NA-T). With the selloff, CIBC currently trades at about 10 times, giving about a 4.5% yield. It is difficult to think of an environment in which a Canadian would not have this stock in their portfolio. You can enhance your return by buying at opportune times. This pullback gives a good buying opportunity.

He thinks CIBC is one of the two best opportunities in the financial space in Canada, on a valuation basis. The other is National Bank (NA-T). With the selloff, CIBC currently trades at about 10 times, giving about a 4.5% yield. It is difficult to think of an environment in which a Canadian would not have this stock in their portfolio. You can enhance your return by buying at opportune times. This pullback gives a good buying opportunity.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$116.050
Owned
Yes
DON'T BUY
DON'T BUY
February 6, 2018

It’s one of the few names in the retail space that has done quite well despite the current challenges to bricks and mortar. Their share price has outperformed the TSX since 2010-2011. They have diversified, with Canadian Tire stores generating 65% of sales, FGL Sports generating about 20% and Marks generating 15%. They have lots of cash,they have slowly loosened up the purse strings by raising the dividend and they have a very healthy balance sheet.

It’s one of the few names in the retail space that has done quite well despite the current challenges to bricks and mortar. Their share price has outperformed the TSX since 2010-2011. They have diversified, with Canadian Tire stores generating 65% of sales, FGL Sports generating about 20% and Marks generating 15%. They have lots of cash,they have slowly loosened up the purse strings by raising the dividend and they have a very healthy balance sheet.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$243.000
Owned
Yes
DON'T BUY
DON'T BUY
February 6, 2018

He thinks the Broadcom (AVGO-O) deal will happen. The lower risk way to bet on the acquisition is to buy Broadcom. He likes Broadcom and if the acquisition doesn’t go through, you will be better off with Broadcom than with QualComm.

Qualcomm (QCOM-Q)
February 6, 2018

He thinks the Broadcom (AVGO-O) deal will happen. The lower risk way to bet on the acquisition is to buy Broadcom. He likes Broadcom and if the acquisition doesn’t go through, you will be better off with Broadcom than with QualComm.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$64.400
Owned
No