Latest Expert Opinions

Signal
Opinion
Expert
TOP PICK
TOP PICK
March 28, 2018

This is the fourth largest insurer. He thinks they have more than enough adequate capital to pass the required stress tests. It trades at 10 times earnings and has a good platform in life, health and employee insurance. Well-run company out of Quebec City. Yield 2.9%. (Analysts’ price target is $65.11 )

This is the fourth largest insurer. He thinks they have more than enough adequate capital to pass the required stress tests. It trades at 10 times earnings and has a good platform in life, health and employee insurance. Well-run company out of Quebec City. Yield 2.9%. (Analysts’ price target is $65.11 )

Michael Simpson, CFA
Senior Vice-President, Sentry Investments
Price
$52.410
Owned
Yes
TOP PICK
TOP PICK
March 28, 2018

They have an interesting project in a propane dehydration plant converting excess propane into plastic pellets for export to the US gulf coast petrochemical complex. This plant will cost $3.5 billion, but will not need new capital for this right away. Yield 7.6%. (Analysts’ price target is $28.73 )

Inter Pipeline (IPL-T)
March 28, 2018

They have an interesting project in a propane dehydration plant converting excess propane into plastic pellets for export to the US gulf coast petrochemical complex. This plant will cost $3.5 billion, but will not need new capital for this right away. Yield 7.6%. (Analysts’ price target is $28.73 )

Michael Simpson, CFA
Senior Vice-President, Sentry Investments
Price
$22.070
Owned
Yes
PAST TOP PICK
PAST TOP PICK
March 28, 2018

(A Top Pick January 20/17 Up 11%). Earlier in the year there were concerns the Trump Administration would institute a border adjusted import tax, but this seems to have faded away. They are a low cost producer and he continues to like it. Good company with a great balance sheet.

(A Top Pick January 20/17 Up 11%). Earlier in the year there were concerns the Trump Administration would institute a border adjusted import tax, but this seems to have faded away. They are a low cost producer and he continues to like it. Good company with a great balance sheet.

Michael Simpson, CFA
Senior Vice-President, Sentry Investments
Price
$36.980
Owned
Yes
PARTIAL BUY
PARTIAL BUY
March 28, 2018

It has a 1.11 beta. Doesn't pay a dividend. Competing with Amazon, but Amazon can't operate in China, where Alibaba can operate in America. Just had one of its best quarters ever with 56% YOY growth. Added 27 million active consumers last year, one of its biggest rises in the past three years. But there will be volatility and they can't grow 30-40% forever. Buy half a position to mitigate risk.

It has a 1.11 beta. Doesn't pay a dividend. Competing with Amazon, but Amazon can't operate in China, where Alibaba can operate in America. Just had one of its best quarters ever with 56% YOY growth. Added 27 million active consumers last year, one of its biggest rises in the past three years. But there will be volatility and they can't grow 30-40% forever. Buy half a position to mitigate risk.

David Driscoll
President & CEO, Liberty International Investment Management Inc
Price
$178.910
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
March 28, 2018

(A Top Pick January 20/17 Down 22%). A recent acquisition of a health insurer still needs to be approved by regulators. It trades about 10 times earnings. He expects them to be able purchase shares back and sees it trading at excellent value here. A well-run company.

CVS Health Corp (CVS-N)
March 28, 2018

(A Top Pick January 20/17 Down 22%). A recent acquisition of a health insurer still needs to be approved by regulators. It trades about 10 times earnings. He expects them to be able purchase shares back and sees it trading at excellent value here. A well-run company.

Michael Simpson, CFA
Senior Vice-President, Sentry Investments
Price
$62.710
Owned
Yes
PAST TOP PICK
PAST TOP PICK
March 28, 2018

(A Top Pick January 20/17 Up 1%). It is based in Regina and holds a monopoly on land registry services there. They have expanded into Ireland as well. A slow grower and he likes management and will continue to hold it.

(A Top Pick January 20/17 Up 1%). It is based in Regina and holds a monopoly on land registry services there. They have expanded into Ireland as well. A slow grower and he likes management and will continue to hold it.

Michael Simpson, CFA
Senior Vice-President, Sentry Investments
Price
$17.610
Owned
Yes
DON'T BUY
DON'T BUY
March 28, 2018

It's retail in the far north. Unlike retail outside the far north, NWC has customers scattered geographically who depend on their goods. But he thinks revenue and dividend growth will be weak. You're not getting much return. He's not a fan of retail anyway. Higher costs to retail in the far north where they operate, namely transportation of goods on snowy roads.

It's retail in the far north. Unlike retail outside the far north, NWC has customers scattered geographically who depend on their goods. But he thinks revenue and dividend growth will be weak. You're not getting much return. He's not a fan of retail anyway. Higher costs to retail in the far north where they operate, namely transportation of goods on snowy roads.

David Driscoll
President & CEO, Liberty International Investment Management Inc
Price
$26.750
Owned
No