Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
July 20, 2018

The rails are a very good business to be. High barriers of entry. Good pricing power. Great place to be. The business is much more robust now. Good long-term hold.

The rails are a very good business to be. High barriers of entry. Good pricing power. Great place to be. The business is much more robust now. Good long-term hold.

Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$254.600
Owned
Yes
BUY WEAKNESS
BUY WEAKNESS
July 20, 2018

Great story. It is like a toll booth. They don’t take credit or interest rate risk. Capital light. They don’t own it because they think it is expensive. The one risk that some people see is the fintech disruption. Growth is in the Emerging Markets.

Visa Inc. (V-N)
July 20, 2018

Great story. It is like a toll booth. They don’t take credit or interest rate risk. Capital light. They don’t own it because they think it is expensive. The one risk that some people see is the fintech disruption. Growth is in the Emerging Markets.

Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$140.130
Owned
No
COMMENT
COMMENT
July 20, 2018

They own Loblaw Cos Ltd (L-T) because they think it has better dynamics. They are going through a rationalization process like the one that Loblaw Cos Ltd (L-T) went through. The Safeway acquisition wasn’t so well executed. Tough business.

They own Loblaw Cos Ltd (L-T) because they think it has better dynamics. They are going through a rationalization process like the one that Loblaw Cos Ltd (L-T) went through. The Safeway acquisition wasn’t so well executed. Tough business.

Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$26.610
Owned
No
COMMENT
COMMENT
July 20, 2018

The sale of some of their assets to Brookfield makes a lot of sense. Takes away some of the worries that some people had on funding. Some assets sales are going to come in the next while. Spectra was a good acquisition for them. They are in a much better situation than they were a few months ago.

Enbridge (ENB-T)
July 20, 2018

The sale of some of their assets to Brookfield makes a lot of sense. Takes away some of the worries that some people had on funding. Some assets sales are going to come in the next while. Spectra was a good acquisition for them. They are in a much better situation than they were a few months ago.

Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$46.740
Owned
Yes
COMMENT
COMMENT
July 20, 2018

The fact that interest rates have been very low had affected the insurance industry. Not an expensive stock. Trading at 9.5 times earnings. Headwinds against these businesses is where interest rates go. He would look at other players in the industry with much more diversified businesses and better chances of growing.

The fact that interest rates have been very low had affected the insurance industry. Not an expensive stock. Trading at 9.5 times earnings. Headwinds against these businesses is where interest rates go. He would look at other players in the industry with much more diversified businesses and better chances of growing.

Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$51.550
Owned
No
COMMENT
COMMENT
July 20, 2018

Blockchain technology is going to change companies in the near future. He can’t comment on the currencies because that is something they don’t invest in.

Blockchain technology is going to change companies in the near future. He can’t comment on the currencies because that is something they don’t invest in.

Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$0.880
Owned
No
PAST TOP PICK
PAST TOP PICK
July 20, 2018

(A Top Pick May 1/17 - Down 19%) Still like it. A health company that went through a vertical integration buying Aetna. Not expensive on a cash flow basis. Amazon.com Inc. (AMZN-O) purchase of Pill Pack affected the stock.

(A Top Pick May 1/17 - Down 19%) Still like it. A health company that went through a vertical integration buying Aetna. Not expensive on a cash flow basis. Amazon.com Inc. (AMZN-O) purchase of Pill Pack affected the stock.

Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$66.140
Owned
Yes