Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
March 13, 2018

Likes it technically, probably overbought now though. Expects more subscribers this year globally, but worries about weakened profitability. Content spending has jumped to $8 billion so they're burning money, and there's more competition coming, particularly from Disney. Valuation and PE are too rich for him. They should continue making their own content to attract subscribers.

Netflix Inc. (NFLX-Q)
March 13, 2018

Likes it technically, probably overbought now though. Expects more subscribers this year globally, but worries about weakened profitability. Content spending has jumped to $8 billion so they're burning money, and there's more competition coming, particularly from Disney. Valuation and PE are too rich for him. They should continue making their own content to attract subscribers.

Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$315.880
Owned
No
BUY
BUY
March 13, 2018

The fourth-largest internet company in the word, based in China. The penetration rate in China is half that of the US, so there's lots of runway for growth. They're into gaming and messaging and e-commerce. He continues to like and hold it. Transparency for Chinese companies was a concern 10 years ago, but not today.

The fourth-largest internet company in the word, based in China. The penetration rate in China is half that of the US, so there's lots of runway for growth. They're into gaming and messaging and e-commerce. He continues to like and hold it. Transparency for Chinese companies was a concern 10 years ago, but not today.

Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$0.000
Owned
Yes
COMMENT
COMMENT
March 13, 2018

Likes the U.S. financials and particularly banks. He owns others instead, like JP Morgan and Citibank. There's lots of capital returning to these banks within a weakened U.S. regulatory environment. Strong management.

Bank of America (BAC-N)
March 13, 2018

Likes the U.S. financials and particularly banks. He owns others instead, like JP Morgan and Citibank. There's lots of capital returning to these banks within a weakened U.S. regulatory environment. Strong management.

Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$32.360
Owned
No
BUY
BUY
March 13, 2018

Trading at 27x forward earnings. Loves Visa. Its secular growth is fuelled by increasing consumer spending around the world. Plastic payments will continue to overtake cash. A sunny long term here. Apple Pay, for instance, are partnering with cmpanies like Visa, so Visa will benefit from (and not be threatened by) e-payments.

Visa Inc. (V-N)
March 13, 2018

Trading at 27x forward earnings. Loves Visa. Its secular growth is fuelled by increasing consumer spending around the world. Plastic payments will continue to overtake cash. A sunny long term here. Apple Pay, for instance, are partnering with cmpanies like Visa, so Visa will benefit from (and not be threatened by) e-payments.

Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$123.200
Owned
Yes
DON'T BUY
DON'T BUY
March 13, 2018

He holds no real estate. You're owning this for a roughly 6% yield which is likely safe. But he is concerned with large, empty storefronts in Toronto. REI's 200-day moving average is trending lower as interest rates move higher.

He holds no real estate. You're owning this for a roughly 6% yield which is likely safe. But he is concerned with large, empty storefronts in Toronto. REI's 200-day moving average is trending lower as interest rates move higher.

Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$23.900
Owned
No
BUY
BUY
March 13, 2018

Likes healthcare. Boasts a 3.7% yield that'll likely increase, decent cash flow and growth. Company could spin-off.

Pfizer Inc (PFE-N)
March 13, 2018

Likes healthcare. Boasts a 3.7% yield that'll likely increase, decent cash flow and growth. Company could spin-off.

Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$36.750
Owned
No
DON'T BUY
DON'T BUY
March 13, 2018

It's trading below falling moving averages. Growth rate is 7x. Their 3.8% dividend is secure and likely will grow. But their sales are sluggish and profit growth is slowing. There's lots of competition in this space, while inflation is another
headwind.

It's trading below falling moving averages. Growth rate is 7x. Their 3.8% dividend is secure and likely will grow. But their sales are sluggish and profit growth is slowing. There's lots of competition in this space, while inflation is another
headwind.

Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$67.370
Owned
No