Latest Expert Opinions

Signal
Opinion
Expert
TOP PICK
TOP PICK
May 17, 2018

It is a valuation and timing thing. They had a pull back on Q1 numbers. He likes it as a buying opportunity and longer term. (Analysts’ target: $67.00).

It is a valuation and timing thing. They had a pull back on Q1 numbers. He likes it as a buying opportunity and longer term. (Analysts’ target: $67.00).

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$55.490
Owned
Yes
PAST TOP PICK
PAST TOP PICK
May 17, 2018

(A Top Pick Jan 27/18, Up 16%) It was really buying o a valuation basis but it is a long term hold. He has a lighter hold on Canadian banks generally. Their US banking was up 19% so their expansion in the US was doing well and their dividend was up 12%. He sees less growth next year, however.

(A Top Pick Jan 27/18, Up 16%) It was really buying o a valuation basis but it is a long term hold. He has a lighter hold on Canadian banks generally. Their US banking was up 19% so their expansion in the US was doing well and their dividend was up 12%. He sees less growth next year, however.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$75.590
Owned
Yes
BUY
BUY
May 17, 2018

It is interesting. He has liked the company for several years but it has always had a rich valuation. If you are a growth investor and can buy this high multiple stock and it will do well. They have positive quarter to quarter earnings numbers. 25% of revenue comes from memberships and have an over a 90% renewal rate as recurring revenue. When you have so many members, how many more can you attract? They have done well to weather retail threats. They run at half the profit margin to their competitors. The recent membership increase is a positive if you are a shareholder. There were 19 Million card carrying members in 2016.

It is interesting. He has liked the company for several years but it has always had a rich valuation. If you are a growth investor and can buy this high multiple stock and it will do well. They have positive quarter to quarter earnings numbers. 25% of revenue comes from memberships and have an over a 90% renewal rate as recurring revenue. When you have so many members, how many more can you attract? They have done well to weather retail threats. They run at half the profit margin to their competitors. The recent membership increase is a positive if you are a shareholder. There were 19 Million card carrying members in 2016.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$199.600
Owned
No
DON'T BUY
DON'T BUY
May 17, 2018

He has a negative view on them as a whole. The parent has really struggled. The challenge is where growth comes from. It is difficult to get new pipelines built. It has a rich valuation. It has a very strong brand and that has hurt them because people invest in them without doing due diligence. It is less about the business than what you pay for it. Moody's downgraded them recently.

He has a negative view on them as a whole. The parent has really struggled. The challenge is where growth comes from. It is difficult to get new pipelines built. It has a rich valuation. It has a very strong brand and that has hurt them because people invest in them without doing due diligence. It is less about the business than what you pay for it. Moody's downgraded them recently.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$29.470
Owned
No
WATCH
WATCH
May 17, 2018

Consumer staples. He was taking a look at it when it pulled back He stayed away because the chart is telling him there is no clarity on share price given that input costs are on the rise. It is too early to buy.

Consumer staples. He was taking a look at it when it pulled back He stayed away because the chart is telling him there is no clarity on share price given that input costs are on the rise. It is too early to buy.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$10.160
Owned
No
BUY
BUY
May 17, 2018

They have done a great job of transitioning away from paper into packaging, which has been insulated from a transition to a digital world. They made some good acquisitions. It is trading at 11 times only because it was cheaper a year ago.

They have done a great job of transitioning away from paper into packaging, which has been insulated from a transition to a digital world. They made some good acquisitions. It is trading at 11 times only because it was cheaper a year ago.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$28.640
Owned
Unknown
BUY
BUY
May 17, 2018

A defensive name. A company that looks to be acquired. The stock looks goods now on the pullback. Steady dividend and good yield. Maybe the fact that marihuana is being legalized affected the price of the stock and its multiples. A boring traditional business as it is

A defensive name. A company that looks to be acquired. The stock looks goods now on the pullback. Steady dividend and good yield. Maybe the fact that marihuana is being legalized affected the price of the stock and its multiples. A boring traditional business as it is

Prakash Hariharan
Portfolio Manager, Analytixinsight Inc.
Price
$60.260
Owned
No