Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
May 30, 2018

This has been a great growth story, but he feels it may be too expensive for growth that may be coming in the future. The current multiple is excessive in their opinion.

This has been a great growth story, but he feels it may be too expensive for growth that may be coming in the future. The current multiple is excessive in their opinion.

Michael Sprung
President, Sprung Investment Management
Price
$54.630
Owned
No
BUY
BUY
May 30, 2018

Several banks have reported great earnings, but the stock price has not reflected that. This would be a good buy right now. Their earnings have been good and it is one of their core holdings. He thinks it is a better holding than TD-T, who has spent a lot to acquire new US markets. Yield 4.4%

Several banks have reported great earnings, but the stock price has not reflected that. This would be a good buy right now. Their earnings have been good and it is one of their core holdings. He thinks it is a better holding than TD-T, who has spent a lot to acquire new US markets. Yield 4.4%

Michael Sprung
President, Sprung Investment Management
Price
$77.830
Owned
Yes
DON'T BUY
DON'T BUY
May 30, 2018

You can play infrastructure through those who build it or through those that handle the engineering. He has not had a lot of exposure other than through Brookfield. He is watching Stantec closely on the engineering side, who is more focused on pure engineering. (Analysts’ price target is $67 )

You can play infrastructure through those who build it or through those that handle the engineering. He has not had a lot of exposure other than through Brookfield. He is watching Stantec closely on the engineering side, who is more focused on pure engineering. (Analysts’ price target is $67 )

Michael Sprung
President, Sprung Investment Management
Price
$67.850
Owned
No
HOLD
HOLD
May 30, 2018

If you are in it for the long term, this is a well management company. They have good diversification in several markets. A good buy trading at a fair valuation at the moment. He has a small exposure to it and will continue to hold it.

If you are in it for the long term, this is a well management company. They have good diversification in several markets. A good buy trading at a fair valuation at the moment. He has a small exposure to it and will continue to hold it.

Michael Sprung
President, Sprung Investment Management
Price
$49.020
Owned
Yes
HOLD
HOLD
May 30, 2018

He owns it personally. He has a great admiration for management as it has been a strong manufacturer of quality parts internationally. The sector is facing headwinds due to the high rate of production relative to demand. He would continue to hold it.

Linamar Corp (LNR-T)
May 30, 2018

He owns it personally. He has a great admiration for management as it has been a strong manufacturer of quality parts internationally. The sector is facing headwinds due to the high rate of production relative to demand. He would continue to hold it.

Michael Sprung
President, Sprung Investment Management
Price
$66.120
Owned
Yes
DON'T BUY
DON'T BUY
May 30, 2018

Better to hold the preferred or common shares? Preferred shares will be much more sensitive to interest rate hikes. They have announced diversification of their aircraft fleet, but they still remain with a stressed balance sheet. He would not own either one.

Better to hold the preferred or common shares? Preferred shares will be much more sensitive to interest rate hikes. They have announced diversification of their aircraft fleet, but they still remain with a stressed balance sheet. He would not own either one.

Michael Sprung
President, Sprung Investment Management
Price
$4.870
Owned
No
HOLD
HOLD
May 30, 2018

For the risk adverse investor, the mortgage issues they have recently had requiring reserve requirements and buybacks is making them a little more risky, hence the higher yield. It is trading below book value with a 5.6% yield and he thinks the dividend is safe for a long term investor. Yield 5.6%.

For the risk adverse investor, the mortgage issues they have recently had requiring reserve requirements and buybacks is making them a little more risky, hence the higher yield. It is trading below book value with a 5.6% yield and he thinks the dividend is safe for a long term investor. Yield 5.6%.

Michael Sprung
President, Sprung Investment Management
Price
$45.380
Owned
No