Latest Expert Opinions

Signal
Opinion
Expert
WEAK BUY
WEAK BUY
April 13, 2018

He thinks the resource space is being completely ignored.  Their production growth has been amazing.  A fantastic company.  He wants to own this one if they would own 2-3 companies, but has selected Cenovus instead.   He only has one bullet for this space.

He thinks the resource space is being completely ignored.  Their production growth has been amazing.  A fantastic company.  He wants to own this one if they would own 2-3 companies, but has selected Cenovus instead.   He only has one bullet for this space.

Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$22.970
Owned
No
DON'T BUY
DON'T BUY
April 13, 2018

He thinks their assets in the US are minimal.  The parent company thought this was too expensive to roll into its portfolio in conversations he had with management recently.  This is a real rat’s nest of complexity and he would prefer to not own it. 

He thinks their assets in the US are minimal.  The parent company thought this was too expensive to roll into its portfolio in conversations he had with management recently.  This is a real rat’s nest of complexity and he would prefer to not own it. 

Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$11.650
Owned
No
WATCH
WATCH
April 13, 2018

It seems too expensive today – he would have preferred to own it at $25.  From a risk-reward perspective he would look elsewhere.  He owns Cameco (CCO-T) instead as he prefers companies out of favour. 

It seems too expensive today – he would have preferred to own it at $25.  From a risk-reward perspective he would look elsewhere.  He owns Cameco (CCO-T) instead as he prefers companies out of favour. 

Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$33.580
Owned
No
WATCH
WATCH
April 13, 2018

This company makes recycling products.  Online purchasing is leading to higher needs for cardboard and recycling.  This is still a little expensive, but would buy it at lower levels. 

Cascades Inc(CAS-T)
April 13, 2018

This company makes recycling products.  Online purchasing is leading to higher needs for cardboard and recycling.  This is still a little expensive, but would buy it at lower levels. 

Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$13.700
Owned
No
WATCH
WATCH
April 13, 2018

As a non-engineer in Toronto, he thinks it has fallen from grace and should be fantastic to own.  It was the first company they bought when commodity prices fell – they got stopped out.  He does not know why it has not turned around – he likes the business and management.  It may take a while for the company to get fixed, but the investors have moved away from this whole space. 

As a non-engineer in Toronto, he thinks it has fallen from grace and should be fantastic to own.  It was the first company they bought when commodity prices fell – they got stopped out.  He does not know why it has not turned around – he likes the business and management.  It may take a while for the company to get fixed, but the investors have moved away from this whole space. 

Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$10.020
Owned
No
COMMENT
COMMENT
April 13, 2018

It is a big company with better growth opportunities.  Every time he compares to Inter Pipe, he can’t convince himself to move to Pembina.  The fear of higher interest rates is hurting this sector as a whole. 

It is a big company with better growth opportunities.  Every time he compares to Inter Pipe, he can’t convince himself to move to Pembina.  The fear of higher interest rates is hurting this sector as a whole. 

Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$40.370
Owned
No
BUY WEAKNESS
BUY WEAKNESS
April 13, 2018

He sees this as a great Canadian success story.  He sees this as a cornerstone for his portfolio, but felt it had become too expensive.  He bought BlackRock instead when it was cheap.

He sees this as a great Canadian success story.  He sees this as a cornerstone for his portfolio, but felt it had become too expensive.  He bought BlackRock instead when it was cheap.

Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$49.310
Owned
Yes