Latest Expert Opinions

Signal
Opinion
Expert
HOLD
HOLD
June 5, 2018

This is a wonderful company. From a long-term point of view, he recommends it. More shopping is moving to the internet. Shopify enables smaller merchants to get on the net and the revenue stream continues from them for a long time. However, the stock trades at lofty valuation which is causing volatility, as is a vocal short-seller. There was a recent jump in the price of the stock and there will be more in the future.

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This is a wonderful company. From a long-term point of view, he recommends it. More shopping is moving to the internet. Shopify enables smaller merchants to get on the net and the revenue stream continues from them for a long time. However, the stock trades at lofty valuation which is causing volatility, as is a vocal short-seller. There was a recent jump in the price of the stock and there will be more in the future.

BUY
BUY
June 5, 2018

All the utility stocks have had a rough go this year. They dropped because of an expectation that interest rates would rise quickly. The stock has not bounced back even though interest rates have not risen as quickly as expected. He likes Fortis’ track record, their record of dividend increases and the strength of their management. A company like this will not double overnight--patience is required. They were one of the first to move into the US so there might be some growth from that. Primarily, though, this is a defensive name that will outperform the market when the market goes down and will generate steady income. If rates rise faster than people currently think, its price will suffer. (Analysts’ price target is $48)

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Fortis Inc. (FTS-T)
June 5, 2018

All the utility stocks have had a rough go this year. They dropped because of an expectation that interest rates would rise quickly. The stock has not bounced back even though interest rates have not risen as quickly as expected. He likes Fortis’ track record, their record of dividend increases and the strength of their management. A company like this will not double overnight--patience is required. They were one of the first to move into the US so there might be some growth from that. Primarily, though, this is a defensive name that will outperform the market when the market goes down and will generate steady income. If rates rise faster than people currently think, its price will suffer. (Analysts’ price target is $48)

HOLD
HOLD
June 5, 2018

This stock’s situation is similar to Fortis: dropping over the past year because of interest rate sensitivity but a defensive stock that will continue to pay a good dividend as the market goes down. This is smaller than Fortis and more volatile. This company is small for his portfolio--he prefers larger-cap names, so he would not buy it, but someone who owns it should continue to hold it.

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This stock’s situation is similar to Fortis: dropping over the past year because of interest rate sensitivity but a defensive stock that will continue to pay a good dividend as the market goes down. This is smaller than Fortis and more volatile. This company is small for his portfolio--he prefers larger-cap names, so he would not buy it, but someone who owns it should continue to hold it.

HOLD
HOLD
June 5, 2018

Enbridge now plans to buy this back, along with some other subsidiaries. He views this as positive because it simplifies the structure of Enbridge, which he owns. He has trimmed ownership of Enbridge because he is concerned that the rising dividend might not be sustainable. He wishes that Enbridge would slow the growth of its dividend because the company has a big spending pipeline and needs the money. This is another defensive company. There is risk to the economy at the end of next year and this would be a good company to hold at that future time.

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Enbridge now plans to buy this back, along with some other subsidiaries. He views this as positive because it simplifies the structure of Enbridge, which he owns. He has trimmed ownership of Enbridge because he is concerned that the rising dividend might not be sustainable. He wishes that Enbridge would slow the growth of its dividend because the company has a big spending pipeline and needs the money. This is another defensive company. There is risk to the economy at the end of next year and this would be a good company to hold at that future time.

BUY
BUY
June 5, 2018

This company has had its licks. Its healthcare division is its crown jewel. Its power and energy divisions are leaders in their industries but they are weak industries. He thinks it might be time to try to catch the falling knife but he recommends buying in stages, buying some now and perhaps again in 6 months.. A complete recovery might take a long time.

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This company has had its licks. Its healthcare division is its crown jewel. Its power and energy divisions are leaders in their industries but they are weak industries. He thinks it might be time to try to catch the falling knife but he recommends buying in stages, buying some now and perhaps again in 6 months.. A complete recovery might take a long time.

PAST TOP PICK
PAST TOP PICK
June 5, 2018

(A Top Pick May 24, 2017. Up 7%). This is a great company. They recently acquired Craftsman Tools from Sears. This is a good play on both the new home market and renovations. He expects price increases in the latter half of this year which will help. The proposed tariffs on steel and aluminum have affected them, but 40% of their sales are outside the US. They have a proprietary battery that they are considering using in all of their tools, which would improve customer retention. He is buying more, expecting a stock price rise toward the end of the year.

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(A Top Pick May 24, 2017. Up 7%). This is a great company. They recently acquired Craftsman Tools from Sears. This is a good play on both the new home market and renovations. He expects price increases in the latter half of this year which will help. The proposed tariffs on steel and aluminum have affected them, but 40% of their sales are outside the US. They have a proprietary battery that they are considering using in all of their tools, which would improve customer retention. He is buying more, expecting a stock price rise toward the end of the year.

BUY
BUY
June 5, 2018

(A Top Pick May 24, 2017. Down 10%). This is a complex story because these were issued contingent on the US takeover. If the deal, which is now scheduled to complete in September, does not go through, the subscribers get their $31 back. In the interim, stockholders get paid a dividend of about 8%. When the acquisition closes, it will generate a lot of new cash flow. He thinks this is a better place to be than the underlying company.

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(A Top Pick May 24, 2017. Down 10%). This is a complex story because these were issued contingent on the US takeover. If the deal, which is now scheduled to complete in September, does not go through, the subscribers get their $31 back. In the interim, stockholders get paid a dividend of about 8%. When the acquisition closes, it will generate a lot of new cash flow. He thinks this is a better place to be than the underlying company.