Latest Expert Opinions

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
May 16, 2018

(Past Top Pick on July 12, 2017, Up 19%) There's a misconeption that banks will suffer from rising interest rates. He's confident about TD.

(Past Top Pick on July 12, 2017, Up 19%) There's a misconeption that banks will suffer from rising interest rates. He's confident about TD.

Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$75.530
Owned
Yes
COMMENT
COMMENT
May 16, 2018

Which sector should I invest in: banks, REITs or pipelines? Banks. They have an oligopoly, earn steady profits, and have exposure to overseaS markets. But diversify. REITs have been neglected for many years due to exaggerated fears about a retail collapse (that Amazon will devour everyone). Retail REITs are trading below book value but have a low beta of 0.6. So, this is not a bad place to start in REITs.

Which sector should I invest in: banks, REITs or pipelines? Banks. They have an oligopoly, earn steady profits, and have exposure to overseaS markets. But diversify. REITs have been neglected for many years due to exaggerated fears about a retail collapse (that Amazon will devour everyone). Retail REITs are trading below book value but have a low beta of 0.6. So, this is not a bad place to start in REITs.

Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$28.610
Owned
Unknown
COMMENT
COMMENT
May 16, 2018

A good company. They had weakness in their industrial division. But the stock has done well over many years as it followed the auto cycle. Their core focus is the powertrain. The auto cycle in North America is now at maturity. At some point, earnings will decrease. He prefers auto companies that are researching AI. Linamar's business is more traditional.

Linamar Corp (LNR-T)
May 16, 2018

A good company. They had weakness in their industrial division. But the stock has done well over many years as it followed the auto cycle. Their core focus is the powertrain. The auto cycle in North America is now at maturity. At some point, earnings will decrease. He prefers auto companies that are researching AI. Linamar's business is more traditional.

Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$70.630
Owned
Unknown
DON'T BUY
DON'T BUY
May 16, 2018

It's unlikely he'll buy this in the near future. It's wildly cyclical, so it's a trader's stock, not an investor's one. Profitability can swing a lot. He's a long-term, conservative investor. He can't buy-and-hold this.

It's unlikely he'll buy this in the near future. It's wildly cyclical, so it's a trader's stock, not an investor's one. Profitability can swing a lot. He's a long-term, conservative investor. He can't buy-and-hold this.

Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$3.360
Owned
No
BUY
BUY
May 16, 2018

It's in the middle of a major, transformational capital project worth over $3 billion project involved in propane. Alberta is awash in propane. IPL is benefitting by building this plant. It's taking a while to do this, because it's the first plant of its kind in Alberta, so there's a learning curve. But he's confident about the overall project which will enrich IPL's bottom line.

It's in the middle of a major, transformational capital project worth over $3 billion project involved in propane. Alberta is awash in propane. IPL is benefitting by building this plant. It's taking a while to do this, because it's the first plant of its kind in Alberta, so there's a learning curve. But he's confident about the overall project which will enrich IPL's bottom line.

Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$23.840
Owned
Unknown
BUY
BUY
May 16, 2018

When to take profits? Take profits when a stock makes up a dispoportionate part of your portfolio. This is a core holding of his. It's the best oil sands stock in Canada. It's has a fine integration operation, meaning they own refineries. They also boast dividend growth and a share buyback program. This stock can go higher.

When to take profits? Take profits when a stock makes up a dispoportionate part of your portfolio. This is a core holding of his. It's the best oil sands stock in Canada. It's has a fine integration operation, meaning they own refineries. They also boast dividend growth and a share buyback program. This stock can go higher.

Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$52.440
Owned
Yes
COMMENT
COMMENT
May 16, 2018

It's corrected 13% off its all-time high, so now is a good entry point. They had a rare earnings miss and the market overreacted last week. But NFI raised their dividend and issued guidance going forward. NFI remains the leading player in this space and he continues to like it.

It's corrected 13% off its all-time high, so now is a good entry point. They had a rare earnings miss and the market overreacted last week. But NFI raised their dividend and issued guidance going forward. NFI remains the leading player in this space and he continues to like it.

Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$54.210
Owned
Yes