Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
March 27, 2018

There's hope for it. Trading at 22 forward earnings which is pretty good in this market. Sure, there are some risks, but they have 2 billion active users. There aren't many alternative apps to FB. They will lose some users on the margins and costs were rising, so he sold a bit recently. But this is not a disaster waiting to happen. Not at all. There is growth ahead. Nobody monetizes their app better than FB, turning viewers into ad dollars.

Facebook (FB-Q)
March 27, 2018

There's hope for it. Trading at 22 forward earnings which is pretty good in this market. Sure, there are some risks, but they have 2 billion active users. There aren't many alternative apps to FB. They will lose some users on the margins and costs were rising, so he sold a bit recently. But this is not a disaster waiting to happen. Not at all. There is growth ahead. Nobody monetizes their app better than FB, turning viewers into ad dollars.

John Zechner
Chairman, J. Zechner & Assoc
Price
$152.220
Owned
Unknown
COMMENT
COMMENT
March 27, 2018

Problem is their acquisitions: major U.S. one with a lot of debt. The pending deal with WGL Holdings is weighing on the stock. Not worried about the high dividend above 9%.

Altagas Ltd (ALA-T)
March 27, 2018

Problem is their acquisitions: major U.S. one with a lot of debt. The pending deal with WGL Holdings is weighing on the stock. Not worried about the high dividend above 9%.

John Zechner
Chairman, J. Zechner & Assoc
Price
$23.790
Owned
No
BUY
BUY
March 27, 2018

Sees little or no impact on life insurance, including MFC's Asian operations, from a US trade war. Interest rate rise will help them. They have a good international growth profile, because of Asia. Generally, the Canadian lifecos look good. MFC is one of the few Canadian financials he owns.

Sees little or no impact on life insurance, including MFC's Asian operations, from a US trade war. Interest rate rise will help them. They have a good international growth profile, because of Asia. Generally, the Canadian lifecos look good. MFC is one of the few Canadian financials he owns.

John Zechner
Chairman, J. Zechner & Assoc
Price
$23.670
Owned
Yes
COMMENT
COMMENT
March 27, 2018

Long-term interest rates aren't rising, only short-term ones and that doesn't benefit the banks. That's one caution. TD's presence in New England is doing well. Recent earnings strong. A quality name. But overall, the Canadian economy reminds him of 2007 U.S., given headwinds like high debt.

Toronto Dominion (TD-T)
March 27, 2018

Long-term interest rates aren't rising, only short-term ones and that doesn't benefit the banks. That's one caution. TD's presence in New England is doing well. Recent earnings strong. A quality name. But overall, the Canadian economy reminds him of 2007 U.S., given headwinds like high debt.

John Zechner
Chairman, J. Zechner & Assoc
Price
$72.590
Owned
Unknown
BUY
BUY
March 27, 2018

BAC vs. Wells Fargo? He's long the U.S. banks more than Canadian ones, given better economic growth down there. BAC is at the top of the U.S. banks for earnings growth. Prefers BAC over Wells. Once Wells overcomes the recent customer service controversy, it'll take time for the bank to recover.

Bank of America (BAC-N)
March 27, 2018

BAC vs. Wells Fargo? He's long the U.S. banks more than Canadian ones, given better economic growth down there. BAC is at the top of the U.S. banks for earnings growth. Prefers BAC over Wells. Once Wells overcomes the recent customer service controversy, it'll take time for the bank to recover.

John Zechner
Chairman, J. Zechner & Assoc
Price
$29.520
Owned
Unknown
COMMENT
COMMENT
March 27, 2018

BAC vs. Wells Fargo? He's long the U.S. banks more than Canadian ones, given better economic growth down there. BAC is at the top of the U.S. banks for earnings growth. Prefers BAC over Wells. Once Wells overcomes the recent customer service controversy, it'll take time for the bank to recover.

Wells Fargo (WFC-N)
March 27, 2018

BAC vs. Wells Fargo? He's long the U.S. banks more than Canadian ones, given better economic growth down there. BAC is at the top of the U.S. banks for earnings growth. Prefers BAC over Wells. Once Wells overcomes the recent customer service controversy, it'll take time for the bank to recover.

John Zechner
Chairman, J. Zechner & Assoc
Price
$51.100
Owned
Unknown
DON'T BUY
DON'T BUY
March 27, 2018

It's been caught up in this movement in quasi-industrial stocks with military-government projects, all due to better global growth. The stock has risen since Trump came in, pronouncing "America First." That said, he's concerned with global growth going forward and HON's margin costs. He wouldn't buy it now.

It's been caught up in this movement in quasi-industrial stocks with military-government projects, all due to better global growth. The stock has risen since Trump came in, pronouncing "America First." That said, he's concerned with global growth going forward and HON's margin costs. He wouldn't buy it now.

John Zechner
Chairman, J. Zechner & Assoc
Price
$144.340
Owned
Unknown