Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
May 14, 2018

Likes it. BAS is one of the best of this group, behind only Wells Fargo as a mortgage orginator. Higher interest rates and deregulation are tailwinds. BAC may hit $40 by 2020, possibly.

Likes it. BAS is one of the best of this group, behind only Wells Fargo as a mortgage orginator. Higher interest rates and deregulation are tailwinds. BAC may hit $40 by 2020, possibly.

Richard Croft
President, R.N. Croft Financial Group Inc.
Price
$31.120
Owned
Unknown
BUY
BUY
May 14, 2018

He loves the FANG stocks, but they are pricey now (i.e. Amazon, Google). This ETF is fine.

He loves the FANG stocks, but they are pricey now (i.e. Amazon, Google). This ETF is fine.

Richard Croft
President, R.N. Croft Financial Group Inc.
Price
$21.360
Owned
Unknown
SELL STRENGTH
SELL STRENGTH
May 14, 2018

Take your profit and run. U.S. banks are a good sector on a bull run. This ETF gives you three times the leverage, the closest you get to an option in an ETF. If you make a profit here, take it. This is a short-term play, buying the banks on margin, really.

Take your profit and run. U.S. banks are a good sector on a bull run. This ETF gives you three times the leverage, the closest you get to an option in an ETF. If you make a profit here, take it. This is a short-term play, buying the banks on margin, really.

Richard Croft
President, R.N. Croft Financial Group Inc.
Price
$68.890
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
May 14, 2018

(Past Top Pick on June 15, 2017, Up 6%) He'd assumed interest rates would rise. They didn't. Rates rise and the value of TLT goes down. He sold a $126 call and he wanted it to close below that. It closed at $128 instead. He made 6% on the trade because he got more premium when he sold the option than when he would've had to buy it back on the last day of trading (last June).

(Past Top Pick on June 15, 2017, Up 6%) He'd assumed interest rates would rise. They didn't. Rates rise and the value of TLT goes down. He sold a $126 call and he wanted it to close below that. It closed at $128 instead. He made 6% on the trade because he got more premium when he sold the option than when he would've had to buy it back on the last day of trading (last June).

Richard Croft
President, R.N. Croft Financial Group Inc.
Price
$118.600
Owned
Yes
PAST TOP PICK
PAST TOP PICK
May 14, 2018

(Past Top Pick on June 15, 2017, Down 0.15%) Disappointing. Active management would've helped this ETF. The advantage of put-writing in the U.S. is that you're selling option premiums that have implied in the contract the dividend in the underlying security. The capital is flowing into the fund as capital gains whereas the dividend is ordinary (taxed) income. He'd rather get the former (dividend implicit in the option premium as a capital gain).

(Past Top Pick on June 15, 2017, Down 0.15%) Disappointing. Active management would've helped this ETF. The advantage of put-writing in the U.S. is that you're selling option premiums that have implied in the contract the dividend in the underlying security. The capital is flowing into the fund as capital gains whereas the dividend is ordinary (taxed) income. He'd rather get the former (dividend implicit in the option premium as a capital gain).

Richard Croft
President, R.N. Croft Financial Group Inc.
Price
$17.930
Owned
No
PAST TOP PICK
PAST TOP PICK
May 14, 2018

(Past Top Pick on June 15, 2017, Up 6%) Covered call. He bought at $59 and sold at $60. Sold a December option; in December it was trading at $61. In his last show, he was throwing income ideas out there, recognizing that interest rates would rise. BCE now at $53.50 with another dividend raise looks attractive. All the telecoms have taken a hit, but he thinks that will settle now and rebound.

BCE Inc. (BCE-T)
May 14, 2018

(Past Top Pick on June 15, 2017, Up 6%) Covered call. He bought at $59 and sold at $60. Sold a December option; in December it was trading at $61. In his last show, he was throwing income ideas out there, recognizing that interest rates would rise. BCE now at $53.50 with another dividend raise looks attractive. All the telecoms have taken a hit, but he thinks that will settle now and rebound.

Richard Croft
President, R.N. Croft Financial Group Inc.
Price
$54.000
Owned
Yes
DON'T BUY
DON'T BUY
May 14, 2018

He's simply not buying Athabasca (or CPG-T) [to answer a client whose question involves an inside joke].

He's simply not buying Athabasca (or CPG-T) [to answer a client whose question involves an inside joke].

Richard Croft
President, R.N. Croft Financial Group Inc.
Price
$1.920
Owned
Unknown