Latest Expert Opinions

Signal
Opinion
Expert
WATCH
WATCH
May 23, 2018

This good company has done poorly as of late as investors are looking for growth stocks in fear of higher interest rates. Seasonally consumer staples do well this time of year. He is waiting to see if the US 10 year yield retraces as this stock could be a very good buy. The stock is substantially under-performing the market right now. He would wait until it shows strength again seasonally in August.

This good company has done poorly as of late as investors are looking for growth stocks in fear of higher interest rates. Seasonally consumer staples do well this time of year. He is waiting to see if the US 10 year yield retraces as this stock could be a very good buy. The stock is substantially under-performing the market right now. He would wait until it shows strength again seasonally in August.

Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$74.180
Owned
No
DON'T BUY
DON'T BUY
May 23, 2018

What is your 2-3 year outlook for this stock? The dramatic decline in price this year is a signal of increasing competition in this space. This is like trying to catch a falling knife. He would leave this alone.

Owens Corning (OC-N)
May 23, 2018

What is your 2-3 year outlook for this stock? The dramatic decline in price this year is a signal of increasing competition in this space. This is like trying to catch a falling knife. He would leave this alone.

Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$63.860
Owned
No
HOLD
HOLD
May 23, 2018

There is some seasonality to the telcom sector – they tend to do well in the fall time. This is not a growth stock and has been beaten up with the move to higher interest rates. He is not convinced there will be a rapid rise in interest rates, so he would recommend holding. If the price drops a bit in the summer he would consider adding to length ahead of the fall seasonal rally. Yield 5.5%.

BCE Inc. (BCE-T)
May 23, 2018

There is some seasonality to the telcom sector – they tend to do well in the fall time. This is not a growth stock and has been beaten up with the move to higher interest rates. He is not convinced there will be a rapid rise in interest rates, so he would recommend holding. If the price drops a bit in the summer he would consider adding to length ahead of the fall seasonal rally. Yield 5.5%.

Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$54.520
Owned
No
DON'T BUY
DON'T BUY
May 23, 2018

Toy companies do well seasonally from January to April. Technically it has broken a key technical support line and it is no longer in the peak seasonal period. He would not buy here. (Analysts’ price target is $61 )

Toy companies do well seasonally from January to April. Technically it has broken a key technical support line and it is no longer in the peak seasonal period. He would not buy here. (Analysts’ price target is $61 )

Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$50.650
Owned
No
TOP PICK
TOP PICK
May 23, 2018

There is a strong seasonal pattern from end-May to end-June. Earnings will be announced next week. It is a strong growth company and has avoided the selloff of the consumer staple sector. Technically, it is still demonstrating higher highs and higher lows. Yield 1.16%. (Analysts’ price target is $208.75 )

There is a strong seasonal pattern from end-May to end-June. Earnings will be announced next week. It is a strong growth company and has avoided the selloff of the consumer staple sector. Technically, it is still demonstrating higher highs and higher lows. Yield 1.16%. (Analysts’ price target is $208.75 )

Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$198.140
Owned
Yes
TOP PICK
TOP PICK
May 23, 2018

A contrarian view. Bonds have a seasonal peak especially between August and September. He does not expect a Bank of Canada interest rate increase soon. Yield 2.5%.

A contrarian view. Bonds have a seasonal peak especially between August and September. He does not expect a Bank of Canada interest rate increase soon. Yield 2.5%.

Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$21.030
Owned
Yes
PAST TOP PICK
PAST TOP PICK
May 23, 2018

(A Top Pick February 22/18 Down 2%) He sold it in early April when the seasonal trend peaked. Rising interest rates has not been benefitting the financial sector as would normally be the case – measured as under-performing the broad market index. He feels the narrative is changing. Technically it does not look good to him. He would not be here now.

(A Top Pick February 22/18 Down 2%) He sold it in early April when the seasonal trend peaked. Rising interest rates has not been benefitting the financial sector as would normally be the case – measured as under-performing the broad market index. He feels the narrative is changing. Technically it does not look good to him. He would not be here now.

Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$28.160
Owned
No