Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
April 30, 2018

Sell Walmart and buy Couche-Tard? Yes. ATD was a big holding of his. ATD is down 20% recently, perhaps to rotate to energy, but there were worries of U.S. fuel margin pressure, but he expects a turnaround here with this as a growth-driver for ATD. They've done a great job absorbing acquisitions (which they're known for) and making them accretive, but internal initiatives like offering organic food are also driving them forward. Valuation has fallen to 13x. He loves it and will go back into this when he has space for it.

Sell Walmart and buy Couche-Tard? Yes. ATD was a big holding of his. ATD is down 20% recently, perhaps to rotate to energy, but there were worries of U.S. fuel margin pressure, but he expects a turnaround here with this as a growth-driver for ATD. They've done a great job absorbing acquisitions (which they're known for) and making them accretive, but internal initiatives like offering organic food are also driving them forward. Valuation has fallen to 13x. He loves it and will go back into this when he has space for it.

Mike S. Newton, CIM FCSI
Director & Portfolio Manager, Scotia Wealth Management
Price
$55.510
Owned
No
HOLD
HOLD
April 30, 2018

He owns this as well as the XLF-N, Goldman Sachs and other stocks in the US financial space, which has fallen from a growth to a value space. It's curious why this space hasn't performed so far this year. There's a lot of pent-up valuation in these names. Sit tight and hold.

He owns this as well as the XLF-N, Goldman Sachs and other stocks in the US financial space, which has fallen from a growth to a value space. It's curious why this space hasn't performed so far this year. There's a lot of pent-up valuation in these names. Sit tight and hold.

Mike S. Newton, CIM FCSI
Director & Portfolio Manager, Scotia Wealth Management
Price
$22.650
Owned
Yes