Latest Expert Opinions

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
May 17, 2018

(A Top Pick Jan 27/18, Up 20%) The takeover was rejected and the stock retreated, but he still holds it. It is still reasonably priced at 12 times. He likes the valuation, business and yield.

Broadcom (AVGO-Q)
May 17, 2018

(A Top Pick Jan 27/18, Up 20%) The takeover was rejected and the stock retreated, but he still holds it. It is still reasonably priced at 12 times. He likes the valuation, business and yield.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$239.450
Owned
Yes
PAST TOP PICK
PAST TOP PICK
May 17, 2018

(A Top Pick Jan 27/18, Up 9%) See top picks today for an alternative. He was concentrating on populations where you see growth. BAC-N, for example will do well in some areas and off set great gains in others. You have to really do your homework if you go into the regional banks.

(A Top Pick Jan 27/18, Up 9%) See top picks today for an alternative. He was concentrating on populations where you see growth. BAC-N, for example will do well in some areas and off set great gains in others. You have to really do your homework if you go into the regional banks.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$43.270
Owned
Yes
HOLD
HOLD
May 17, 2018

A high quality utility name. The share price is declining. There is actually nothing negative with the business itself. It is just the market re-pricing the multiple due to rising interest rates. There is more volatility and downside coming.

A high quality utility name. The share price is declining. There is actually nothing negative with the business itself. It is just the market re-pricing the multiple due to rising interest rates. There is more volatility and downside coming.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$12.290
Owned
Yes
COMMENT
COMMENT
May 17, 2018

Their yield will always be compared to the risk-free rate of return as it goes up. You may want to reduce exposure. He prefers BAM.A-T because it is more diversified and have a stronger balance sheet. They raise money, deploy it and then move to exit. They are now in the acquisition phase. You may need to have a lot of patience. BAM.A-T is less interest sensitive.

Their yield will always be compared to the risk-free rate of return as it goes up. You may want to reduce exposure. He prefers BAM.A-T because it is more diversified and have a stronger balance sheet. They raise money, deploy it and then move to exit. They are now in the acquisition phase. You may need to have a lot of patience. BAM.A-T is less interest sensitive.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$49.430
Owned
No
DON'T BUY
DON'T BUY
May 17, 2018

It has traditionally seen a hard time with its share price going up. He would not get overly attached to it. They have passed the capital requirement for insurance companies. 3.5% dividend, 10 times PE. But a lot of metrics are similar to the banks, which he prefers to MFC-T.

It has traditionally seen a hard time with its share price going up. He would not get overly attached to it. They have passed the capital requirement for insurance companies. 3.5% dividend, 10 times PE. But a lot of metrics are similar to the banks, which he prefers to MFC-T.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$24.910
Owned
No
TOP PICK
TOP PICK
May 17, 2018

They want to make an acquisition that perturbs the market. It is a big price tag. It is a 20 times purchase price. You have to give them credit for being able to execute. They have done a lot of good acquisitions since 2016. He feels this pull back is a great buying opportunity. (Analysts’ target: $186.64).

They want to make an acquisition that perturbs the market. It is a big price tag. It is a 20 times purchase price. You have to give them credit for being able to execute. They have done a lot of good acquisitions since 2016. He feels this pull back is a great buying opportunity. (Analysts’ target: $186.64).

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$167.480
Owned
Yes
TOP PICK
TOP PICK
May 17, 2018

Regional bank in a top region – New York and New Jersey. Their assets grew by 85% since 2012. Nonperforming loans are about 0.4 vs. the peer group at 0.7. (Analysts’ target: $14.75).

Regional bank in a top region – New York and New Jersey. Their assets grew by 85% since 2012. Nonperforming loans are about 0.4 vs. the peer group at 0.7. (Analysts’ target: $14.75).

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$13.680
Owned
Yes