Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
May 11, 2018

Had there been 4 top picks this would have been the fourth. He really likes it. They bought Conoco assets last year. The street didn’t like the deal and lost confidence in Management. They have new Management now with a new CEO that is on the path of right-sizing the company and its balance sheet. It is looking really well now, particularly if we go to a 80 – 90 dollars barrel of oil.

Had there been 4 top picks this would have been the fourth. He really likes it. They bought Conoco assets last year. The street didn’t like the deal and lost confidence in Management. They have new Management now with a new CEO that is on the path of right-sizing the company and its balance sheet. It is looking really well now, particularly if we go to a 80 – 90 dollars barrel of oil.

Bryden Teich
Portfolio Manager, Avenue Investment Management
Price
$13.990
Owned
No
HOLD
HOLD
May 11, 2018

Had there been 4 top picks this would have been the fourth. He really likes it. They bought Conoco assets last year. The street didn’t like the deal and lost confidence in Management. They have new Management now with a new CEO that is on the path of right-sizing the company and its balance sheet. It is looking really well now, particularly if we go to a 80 – 90 dollars barrel of oil.

Had there been 4 top picks this would have been the fourth. He really likes it. They bought Conoco assets last year. The street didn’t like the deal and lost confidence in Management. They have new Management now with a new CEO that is on the path of right-sizing the company and its balance sheet. It is looking really well now, particularly if we go to a 80 – 90 dollars barrel of oil.

Bryden Teich
Portfolio Manager, Avenue Investment Management
Price
$162.470
Owned
No
HOLD
HOLD
May 11, 2018

They just announced earnings. The concern regarding this name was that they bought Colombia pipelines system down in the northeast US and they used a lot of capital for that. He prefers Enbridge (ENB-T). Great asset base. A name you can still continue to hold long term.

TC Energy (TRP-T)
May 11, 2018

They just announced earnings. The concern regarding this name was that they bought Colombia pipelines system down in the northeast US and they used a lot of capital for that. He prefers Enbridge (ENB-T). Great asset base. A name you can still continue to hold long term.

Bryden Teich
Portfolio Manager, Avenue Investment Management
Price
$55.960
Owned
No
HOLD
HOLD
May 11, 2018

Dividend yield of 8.5%. They sold it in January. They took on a lot of debt to fund some recent acquisitions. The rating agencies have it on a negative watch because of this. They are trying to do private equity in public markets and they hit a window where funding is a little tight. He thinks the dividend is still safe.

Altagas Ltd (ALA-T)
May 11, 2018

Dividend yield of 8.5%. They sold it in January. They took on a lot of debt to fund some recent acquisitions. The rating agencies have it on a negative watch because of this. They are trying to do private equity in public markets and they hit a window where funding is a little tight. He thinks the dividend is still safe.

Bryden Teich
Portfolio Manager, Avenue Investment Management
Price
$25.480
Owned
No
PAST TOP PICK
PAST TOP PICK
May 11, 2018

(A Top Pick March 1/18 - Down 14%) Still likes it. Hurricane season last year really affected their distribution center in the US. Same-store sales in the US were also weak. They are very well diversified. At 13.5 times earnings they like it even more now. They just added to their position.

(A Top Pick March 1/18 - Down 14%) Still likes it. Hurricane season last year really affected their distribution center in the US. Same-store sales in the US were also weak. They are very well diversified. At 13.5 times earnings they like it even more now. They just added to their position.

Bryden Teich
Portfolio Manager, Avenue Investment Management
Price
$53.600
Owned
Yes
PAST TOP PICK
PAST TOP PICK
May 11, 2018

(A Top Pick March 1/18 - Up 10.1%.) Part of their private equity exposure. Management team is really strong. They do very unique things all over the world. You can consider this a long-term holding. Well funded. Well capitalized.

(A Top Pick March 1/18 - Up 10.1%.) Part of their private equity exposure. Management team is really strong. They do very unique things all over the world. You can consider this a long-term holding. Well funded. Well capitalized.

Bryden Teich
Portfolio Manager, Avenue Investment Management
Price
$48.370
Owned
Yes
PAST TOP PICK
PAST TOP PICK
May 11, 2018

(A Top Pick March 1/18 - Up 5%.) He really likes it. Still one of his top picks. They have been pounding the table about this name. Double down on their position around mid-November.

Enbridge (ENB-T)
May 11, 2018

(A Top Pick March 1/18 - Up 5%.) He really likes it. Still one of his top picks. They have been pounding the table about this name. Double down on their position around mid-November.

Bryden Teich
Portfolio Manager, Avenue Investment Management
Price
$43.140
Owned
Yes