Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
April 17, 2018

They're innovative, but Instagram can quickly match their innovationst and they can understand the user better than Snap, because of the data that Facecook (its parent) has.

Snap Inc. (SNAP-N)
April 17, 2018

They're innovative, but Instagram can quickly match their innovationst and they can understand the user better than Snap, because of the data that Facecook (its parent) has.

Ashley Misquitta, CFA
Senior Portfolio Manager, Empire Life
Price
$14.880
Owned
Unknown
COMMENT
COMMENT
April 17, 2018

The U.S. banks are attractive, though he prefers others to Citi. Citi is more international with operations in Mexico for example, so they don't benefit as much from U.S. tax reform.

CitiGroup (C-N)
April 17, 2018

The U.S. banks are attractive, though he prefers others to Citi. Citi is more international with operations in Mexico for example, so they don't benefit as much from U.S. tax reform.

Ashley Misquitta, CFA
Senior Portfolio Manager, Empire Life
Price
$69.740
Owned
Unknown
BUY
BUY
April 17, 2018

A terrific business. Huge amounts of dollars are moving from print to online and Google (and Facebook) are largely receiving them. Usage is growing and reach is enormous. Things will continue to go well. Strong cash flow and balance sheet. Through Waymo, Google is a leader in self-driving cars, too. They're spending on R&D so they could spin off more opportunities in the future.

A terrific business. Huge amounts of dollars are moving from print to online and Google (and Facebook) are largely receiving them. Usage is growing and reach is enormous. Things will continue to go well. Strong cash flow and balance sheet. Through Waymo, Google is a leader in self-driving cars, too. They're spending on R&D so they could spin off more opportunities in the future.

Ashley Misquitta, CFA
Senior Portfolio Manager, Empire Life
Price
$1079.360
Owned
Unknown
BUY
BUY
April 17, 2018

Sells and operates equipment to semi-conductor companies. A great business. The world is moving in their direction as more value comes from semi-conductors which are appearing in more and more products like cars. This is all a tailwind.

Sells and operates equipment to semi-conductor companies. A great business. The world is moving in their direction as more value comes from semi-conductors which are appearing in more and more products like cars. This is all a tailwind.

Ashley Misquitta, CFA
Senior Portfolio Manager, Empire Life
Price
$57.860
Owned
Unknown
COMMENT
COMMENT
April 17, 2018

An interesting company. A retail pharmacy but now also a pharmacy benefit manager and in the process of acquiring a health insurer. So, they're trying to go along the whole chain. What could happen is that the insurance side directs people to CVS' mini-clinics to perform simpler medical work that a doctor would do, such as giving injections. This could drive down U.S. medical costs (and the U.S. has issues to face here), but also drive traffic to CVS stores. As for Amazon entering this space, we'll see what the impact is.

CVS Health Corp (CVS-N)
April 17, 2018

An interesting company. A retail pharmacy but now also a pharmacy benefit manager and in the process of acquiring a health insurer. So, they're trying to go along the whole chain. What could happen is that the insurance side directs people to CVS' mini-clinics to perform simpler medical work that a doctor would do, such as giving injections. This could drive down U.S. medical costs (and the U.S. has issues to face here), but also drive traffic to CVS stores. As for Amazon entering this space, we'll see what the impact is.

Ashley Misquitta, CFA
Senior Portfolio Manager, Empire Life
Price
$67.110
Owned
Unknown
DON'T BUY
DON'T BUY
April 17, 2018

They did a great job bringing on oncology products to fight cancer, but beyond oncology he's not excited about Bristol. There are better companies.

They did a great job bringing on oncology products to fight cancer, but beyond oncology he's not excited about Bristol. There are better companies.

Ashley Misquitta, CFA
Senior Portfolio Manager, Empire Life
Price
$52.380
Owned
Unknown
COMMENT
COMMENT
April 17, 2018

A terrific business providing lab supplies to everyone from government labs to university research labs. A leader in this space. Generates cash. A slight tailwind with Amazon threatening to enter this space, but this threat has receeded a little. TMO is expensive relative to its growth which gives him pause.

A terrific business providing lab supplies to everyone from government labs to university research labs. A leader in this space. Generates cash. A slight tailwind with Amazon threatening to enter this space, but this threat has receeded a little. TMO is expensive relative to its growth which gives him pause.

Ashley Misquitta, CFA
Senior Portfolio Manager, Empire Life
Price
$218.230
Owned
Unknown