Latest Expert Opinions

Signal
Opinion
Expert
WATCH
WATCH
May 23, 2018

This is a real estate restructuring play.  Technically there has been some consolidation and if there is a break above $14, that would suggest some good strength.  It still feels like a high risk stock here, he thinks. 

Hudson Bay Co.(HBC-T)
May 23, 2018

This is a real estate restructuring play.  Technically there has been some consolidation and if there is a break above $14, that would suggest some good strength.  It still feels like a high risk stock here, he thinks. 

Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$9.400
Owned
No
DON'T BUY
DON'T BUY
May 23, 2018

This is a speculative stock right now.  If the price can build a base then it would be encouraging.  It has a rough balance sheet right now, so he needs to see some supportive price action first.  He would stay away from this right now.  The high yield suggests the market expects a dividend cut anytime.  Yield 17.1%.

This is a speculative stock right now.  If the price can build a base then it would be encouraging.  It has a rough balance sheet right now, so he needs to see some supportive price action first.  He would stay away from this right now.  The high yield suggests the market expects a dividend cut anytime.  Yield 17.1%.

Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$6.650
Owned
No
WATCH
WATCH
May 23, 2018

A well-run company that has made good acquisitions, he thinks.  It has consolidated in price since 2017 and there does not seem to be any urgency in the market to buy it.  He would wait until it breaks above the 2018 high. 

Open Text(OTEX-T)
May 23, 2018

A well-run company that has made good acquisitions, he thinks.  It has consolidated in price since 2017 and there does not seem to be any urgency in the market to buy it.  He would wait until it breaks above the 2018 high. 

Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$44.150
Owned
No
DON'T BUY
DON'T BUY
May 23, 2018

Industrials usually show strength from January to May, but CMI-N has shown weakness earlier than expected.  This has him worried about this company and this sector as a whole.  Technical support has been broken as well, so he would not buy this. 

Cummins(CMI-N)
May 23, 2018

Industrials usually show strength from January to May, but CMI-N has shown weakness earlier than expected.  This has him worried about this company and this sector as a whole.  Technical support has been broken as well, so he would not buy this. 

Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$149.060
Owned
No
WEAK BUY
WEAK BUY
May 23, 2018

The dividend payer space has pulled back this year due to the expectation of higher interest rates.  He thinks it is a great company with good US operations.  The price has fallen back to technical support and thinks it could be a good place to add to a position, but would like to see move back above $13 to buy. 

The dividend payer space has pulled back this year due to the expectation of higher interest rates.  He thinks it is a great company with good US operations.  The price has fallen back to technical support and thinks it could be a good place to add to a position, but would like to see move back above $13 to buy. 

Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$12.530
Owned
No
WATCH
WATCH
May 23, 2018

 The healthcare sector tends to be known as a defensive sector, because of the stability of earnings.  The issue this year was that President Trump threatened to come after the pharma sector for medication costs.  Seasonally the sector tends to do best from August into October.  He would wait on this for a short term test of support $47 and this could be the level to get into.   (Analysts’ price target is $59 )

 The healthcare sector tends to be known as a defensive sector, because of the stability of earnings.  The issue this year was that President Trump threatened to come after the pharma sector for medication costs.  Seasonally the sector tends to do best from August into October.  He would wait on this for a short term test of support $47 and this could be the level to get into.   (Analysts’ price target is $59 )

Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$52.500
Owned
No
WATCH
WATCH
May 23, 2018

Previous to this week was known as New Flyer.  They missed on their last earnings.  It is a well-run company with a good backlog of orders.  From a seasonal perspective, however, manufacturing is not in a peak season right now, so he thinks there is now a chance of consolidation.  He would become a buyer on a move back above the 2018 high. 

Previous to this week was known as New Flyer.  They missed on their last earnings.  It is a well-run company with a good backlog of orders.  From a seasonal perspective, however, manufacturing is not in a peak season right now, so he thinks there is now a chance of consolidation.  He would become a buyer on a move back above the 2018 high. 

Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$55.000
Owned
No