Latest Expert Opinions

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
April 9, 2018

(A Top Pick May 16, 2017, Up 20%) Lots of free cash flow which covers their dividend, unlike other companies that borrow money to. He expects dividend increases. They're actually investing big in renewables. Big oil is investing their profits in green because they see renewables as their future in 20 years as oil declines.

BP PLC (BP-N)
April 9, 2018

(A Top Pick May 16, 2017, Up 20%) Lots of free cash flow which covers their dividend, unlike other companies that borrow money to. He expects dividend increases. They're actually investing big in renewables. Big oil is investing their profits in green because they see renewables as their future in 20 years as oil declines.

Lorne Steinberg
President & Portfolio Manager, Lorne Steinberg Wealth Management Inc
Price
$41.660
Owned
Yes
PAST TOP PICK
PAST TOP PICK
April 9, 2018

(A Top Pick May 16, 2017, Up 14%) A flavours and fragrances company with products that go into foods and perfumes. Generates double-digit earnings and equity growth, as well as ROE unlike many Japanese companies. A strong Yen hurt their last few quarters. Their international presence is growing in a very niche business.

(A Top Pick May 16, 2017, Up 14%) A flavours and fragrances company with products that go into foods and perfumes. Generates double-digit earnings and equity growth, as well as ROE unlike many Japanese companies. A strong Yen hurt their last few quarters. Their international presence is growing in a very niche business.

Lorne Steinberg
President & Portfolio Manager, Lorne Steinberg Wealth Management Inc
Price
$0.010
Owned
Yes
PARTIAL SELL
PARTIAL SELL
April 9, 2018

Trim, if you hold a large position. The big risk is that Samsung or someone comes out with the next hot phone. He likes the company, but the iPhone IS Apple, a one-product company. That's risky. Will Apple come out with the next hot product that consumers will buy?

Apple (AAPL-Q)
April 9, 2018

Trim, if you hold a large position. The big risk is that Samsung or someone comes out with the next hot phone. He likes the company, but the iPhone IS Apple, a one-product company. That's risky. Will Apple come out with the next hot product that consumers will buy?

Lorne Steinberg
President & Portfolio Manager, Lorne Steinberg Wealth Management Inc
Price
$170.050
Owned
Unknown
DON'T BUY
DON'T BUY
April 9, 2018

They have a few cancer drugs out of the pipeline that are growing. That said, their shares aren't cheap enough to step in. The problem is if the FDA decides to change their labelling that would turn a $5-billion drug into a $1-billion one. The dividend is secure. While all these companies are making money, the struggle lies in earnings growth.

They have a few cancer drugs out of the pipeline that are growing. That said, their shares aren't cheap enough to step in. The problem is if the FDA decides to change their labelling that would turn a $5-billion drug into a $1-billion one. The dividend is secure. While all these companies are making money, the struggle lies in earnings growth.

Lorne Steinberg
President & Portfolio Manager, Lorne Steinberg Wealth Management Inc
Price
$60.480
Owned
Unknown
TOP PICK
TOP PICK
April 9, 2018

Trading at only 12x earnings. While other Wall St. banks have reduced traded derivatives, Goldman hasn't. A huge opportunity. Margins will increase in this area, because of less competition. The number-one investment bank in the world, benefitting huge from European M&A. Expects 50% earnings growth in three years. (Analysts' price target $270.63)

Goldman Sachs (GS-N)
April 9, 2018

Trading at only 12x earnings. While other Wall St. banks have reduced traded derivatives, Goldman hasn't. A huge opportunity. Margins will increase in this area, because of less competition. The number-one investment bank in the world, benefitting huge from European M&A. Expects 50% earnings growth in three years. (Analysts' price target $270.63)

Lorne Steinberg
President & Portfolio Manager, Lorne Steinberg Wealth Management Inc
Price
$252.190
Owned
Yes
TOP PICK
TOP PICK
April 9, 2018

Has US$35 billion in net cash. Raised their dividend 14% recently and he foresees double-digit increases for years to come. They're number one for 20 years in their four major businesses. A major player in cyber security. Well-managed company which keeps buying back stock and increasing their dividend. They will repatriate a large part of its cash. (Analysts' price target $48.30)

Cisco (CSCO-Q)
April 9, 2018

Has US$35 billion in net cash. Raised their dividend 14% recently and he foresees double-digit increases for years to come. They're number one for 20 years in their four major businesses. A major player in cyber security. Well-managed company which keeps buying back stock and increasing their dividend. They will repatriate a large part of its cash. (Analysts' price target $48.30)

Lorne Steinberg
President & Portfolio Manager, Lorne Steinberg Wealth Management Inc
Price
$41.170
Owned
Yes
TOP PICK
TOP PICK
April 9, 2018

One of those great Japanese niche businesses in fluid tech related to semi-conductors involved in all kinds of industries. ROE great sharply in the past five years from, 5.5% to 10% with double-digit earnings growth. The company will double in five years.

One of those great Japanese niche businesses in fluid tech related to semi-conductors involved in all kinds of industries. ROE great sharply in the past five years from, 5.5% to 10% with double-digit earnings growth. The company will double in five years.

Lorne Steinberg
President & Portfolio Manager, Lorne Steinberg Wealth Management Inc
Price
$0.000
Owned
Yes