Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
May 25, 2018

Three months they stumbled on a Home Capital-like issue with their reporting. In one day, the stock fell from $60 to $55 and has drifted down futher because Canadian banks are out of favour. Under $50, this stock looks cheap. If you can wait a few quarters, this should rise 10%, and in a few years maybe return to the $60s.

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Three months they stumbled on a Home Capital-like issue with their reporting. In one day, the stock fell from $60 to $55 and has drifted down futher because Canadian banks are out of favour. Under $50, this stock looks cheap. If you can wait a few quarters, this should rise 10%, and in a few years maybe return to the $60s.

HOLD
HOLD
May 25, 2018

It's a decent long-term hold. A good operator. The debt-ridden Canadian consumer makes him nervous, so he's avoiding this space for now. As interest rates rise, consumers may spend less at Canadian Tire. The stock has been underperforming. There could be an entry point in the fall.

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It's a decent long-term hold. A good operator. The debt-ridden Canadian consumer makes him nervous, so he's avoiding this space for now. As interest rates rise, consumers may spend less at Canadian Tire. The stock has been underperforming. There could be an entry point in the fall.

DON'T BUY
DON'T BUY
May 25, 2018

Stay away of the industry. Too cyclical. The amazing thing is that it is trading at an unbelievable low multiple. It had a good run. Looks cheap but could be one of those traps.

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Air Canada (AC-T)
May 25, 2018

Stay away of the industry. Too cyclical. The amazing thing is that it is trading at an unbelievable low multiple. It had a good run. Looks cheap but could be one of those traps.

DON'T BUY
DON'T BUY
May 25, 2018

He would stay away given all the problems that the company has. Finance minister is going to make announcements soon but could be disappointments. The yield is very attractive. Debt level high.

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Enbridge (ENB-T)
May 25, 2018

He would stay away given all the problems that the company has. Finance minister is going to make announcements soon but could be disappointments. The yield is very attractive. Debt level high.

BUY
BUY
May 25, 2018

All Canadian banks are good value these days. But there are shorts south of the border. There is some risk in the mortgage portfolio. This one is not his favorite bank mainly because of its limited exposure to the US. Good yield. These are economy stocks. If you believe the economy is going to do OK, they are going to do just fine. Good investment.

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Royal Bank (RY-T)
May 25, 2018

All Canadian banks are good value these days. But there are shorts south of the border. There is some risk in the mortgage portfolio. This one is not his favorite bank mainly because of its limited exposure to the US. Good yield. These are economy stocks. If you believe the economy is going to do OK, they are going to do just fine. Good investment.

DON'T BUY
DON'T BUY
May 25, 2018

Reasonably positive on the oils. Oil is going to stay in the $60 to $70 range. His concern is oil sands vs shale south of the border. Expensive sector of the market. Until the pipeline is not sorted out there is a big question mark. Good company. You get some of the downstream advantages.

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Reasonably positive on the oils. Oil is going to stay in the $60 to $70 range. His concern is oil sands vs shale south of the border. Expensive sector of the market. Until the pipeline is not sorted out there is a big question mark. Good company. You get some of the downstream advantages.

BUY WEAKNESS
BUY WEAKNESS
May 25, 2018

Build buses in Winnipeg and the US. He watches this company. The product seems to be reaching al the US. A growth situation. Good quality.

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Build buses in Winnipeg and the US. He watches this company. The product seems to be reaching al the US. A growth situation. Good quality.