Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
June 22, 2018

Does it make sense to buy in a raising interest environment? Yes. They have some legacy issues. Still earnings are 19% up. Capital position came out at the higher end of the range. Growing at 10% a year and trading at 8.8 times earnings. 9% dividend growth. A name to own right here right now.

Does it make sense to buy in a raising interest environment? Yes. They have some legacy issues. Still earnings are 19% up. Capital position came out at the higher end of the range. Growing at 10% a year and trading at 8.8 times earnings. 9% dividend growth. A name to own right here right now.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$24.890
Owned
No
BUY
BUY
June 22, 2018

International exposure that kind of shield you from the pipelines problems in Canada. Dividend of 6%. Cash flows growing. Safe-ish 80% payout ratio. Good balance sheet. The thing that isn’t perfect is that they trade at a small premium o its peers. As long you believe in oil this is a buy.

International exposure that kind of shield you from the pipelines problems in Canada. Dividend of 6%. Cash flows growing. Safe-ish 80% payout ratio. Good balance sheet. The thing that isn’t perfect is that they trade at a small premium o its peers. As long you believe in oil this is a buy.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$44.830
Owned
No
BUY WEAKNESS
BUY WEAKNESS
June 22, 2018

Like this name. Management believes it is going to keep growing funds from operations 5-9%. 88% payout ratio, so dividend is safe. Good story. Kind of pricey. You can get this one on a pullback.

Like this name. Management believes it is going to keep growing funds from operations 5-9%. 88% payout ratio, so dividend is safe. Good story. Kind of pricey. You can get this one on a pullback.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$39.700
Owned
No
BUY
BUY
June 22, 2018

They are shrinking their product line to mostly trucks and SUV. It is kind of a risky move. The good news is if this works they will have higher margins. It is dirt cheap at 7.6 times earnings and a dividend yield of 5% with a 50% payout ratio. You can sell puts. If you get put in you get 5% dividend yield. Not a stock that can hurt you much at these levels.

Ford Motor (F-N)
June 22, 2018

They are shrinking their product line to mostly trucks and SUV. It is kind of a risky move. The good news is if this works they will have higher margins. It is dirt cheap at 7.6 times earnings and a dividend yield of 5% with a 50% payout ratio. You can sell puts. If you get put in you get 5% dividend yield. Not a stock that can hurt you much at these levels.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$11.710
Owned
No
HOLD
HOLD
June 22, 2018

Nice beautiful dividend. Continue to find ways to grow it. Payout ratio 85% is a little stretched. EPS growth is limited. Trading at 15 times. You would have better growth in other Telco’s. He wouldn’t put fresh money into it now.

BCE Inc. (BCE-T)
June 22, 2018

Nice beautiful dividend. Continue to find ways to grow it. Payout ratio 85% is a little stretched. EPS growth is limited. Trading at 15 times. You would have better growth in other Telco’s. He wouldn’t put fresh money into it now.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$53.980
Owned
No
PAST TOP PICK
PAST TOP PICK
June 22, 2018

(A Top Pick July 28/17 - Up 4%). Italy spoiled it. An area of the world that has underperformed for a long time. Earnings are doing well. This is not an if thesis but rather a when.

(A Top Pick July 28/17 - Up 4%). Italy spoiled it. An area of the world that has underperformed for a long time. Earnings are doing well. This is not an if thesis but rather a when.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$25.030
Owned
Yes
PAST TOP PICK
PAST TOP PICK
June 22, 2018

(A Top Pick July 28/17 - Up 42%.). Still like the name but it is getting pricey. He has been trimming and selling calls on it. Good story.

(A Top Pick July 28/17 - Up 42%.). Still like the name but it is getting pricey. He has been trimming and selling calls on it. Good story.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$72.050
Owned
Yes