Latest Expert Opinions

Signal
Opinion
Expert
WATCH
WATCH
July 23, 2018

It is a really well run company and a great Canadian success story.  They reported a very strong quarter recently and the stock popped and then came off.  People are worried about electrical vehicles and what will happen to gas stations.  They have not done a big deal recently and they grow through acquisition.  It has gone sideways for the last couple of years so the valuation has come down, so it has come onto his radar screen.  It is representing better value now.

It is a really well run company and a great Canadian success story.  They reported a very strong quarter recently and the stock popped and then came off.  People are worried about electrical vehicles and what will happen to gas stations.  They have not done a big deal recently and they grow through acquisition.  It has gone sideways for the last couple of years so the valuation has come down, so it has come onto his radar screen.  It is representing better value now.

Colin Stewart
CEO & Portfolio manager, JC Clark Investments Ltd.
Price
$60.310
Owned
Unknown
DON'T BUY
DON'T BUY
July 23, 2018

After the failed takeover bid the stock dropped.  He never really liked the construction business.  He has IBG-T for exposure to this industry because it is more stable.  Some of the promised government infrastructure spending has not come.

Aecon Group Inc(ARE-T)
July 23, 2018

After the failed takeover bid the stock dropped.  He never really liked the construction business.  He has IBG-T for exposure to this industry because it is more stable.  Some of the promised government infrastructure spending has not come.

Colin Stewart
CEO & Portfolio manager, JC Clark Investments Ltd.
Price
$15.200
Owned
No
HOLD
HOLD
July 23, 2018

It is a well run business.  They have been pretty successful.  A lot of the products have done well.  They are getting distribution and growing the revenue line but also ramping up costs.  A recent recall was not a big deal.  Over time there will be value creation there.

It is a well run business.  They have been pretty successful.  A lot of the products have done well.  They are getting distribution and growing the revenue line but also ramping up costs.  A recent recall was not a big deal.  Over time there will be value creation there.

Colin Stewart
CEO & Portfolio manager, JC Clark Investments Ltd.
Price
$0.910
Owned
Yes
DON'T BUY
DON'T BUY
July 23, 2018

It is a really well run software company.  They buy up companies and cut costs.  The market has awarded them a very high valuation multiple and they may have trouble continuing to grow as quickly.

It is a really well run software company.  They buy up companies and cut costs.  The market has awarded them a very high valuation multiple and they may have trouble continuing to grow as quickly.

Colin Stewart
CEO & Portfolio manager, JC Clark Investments Ltd.
Price
$1081.620
Owned
Unknown
BUY
BUY
July 23, 2018

Over the long term it is a great company.  The entire group of larger cap banks in the US are very well positioned.  They are as well capitalized as they have ever been.  They are benefiting from a strong US economy and housing market.  Loan losses have been very modest as housing prices continue to rise.  They trade at a pretty low PE multiple.  He thinks they will continue to do well.

Bank of America(BAC-N)
July 23, 2018

Over the long term it is a great company.  The entire group of larger cap banks in the US are very well positioned.  They are as well capitalized as they have ever been.  They are benefiting from a strong US economy and housing market.  Loan losses have been very modest as housing prices continue to rise.  They trade at a pretty low PE multiple.  He thinks they will continue to do well.

Colin Stewart
CEO & Portfolio manager, JC Clark Investments Ltd.
Price
$30.750
Owned
Yes
WATCH
WATCH
July 23, 2018

It is in the packaging space.  They just acquired a packaging company.  The stock has weakened recently because of input cost pressures and a facility in South Carolina that gave them some issues.  They trade at a fairly low multiple compared to peers.  He is doing some homework on this one because it could be a potential buying opportunity.

It is in the packaging space.  They just acquired a packaging company.  The stock has weakened recently because of input cost pressures and a facility in South Carolina that gave them some issues.  They trade at a fairly low multiple compared to peers.  He is doing some homework on this one because it could be a potential buying opportunity.

Colin Stewart
CEO & Portfolio manager, JC Clark Investments Ltd.
Price
$16.850
Owned
No
TOP PICK
TOP PICK
July 23, 2018

It is a good defensive pick in a market like this.  They have a fantastic long term investing track record.  They have had a lot of cash historically and are now starting to invest that.  Their insurance operations are operating as well as they have in a long time.  It is only at 1.1 times book value.  He has been buying as recently as last week.  (Analysts’ target: $749.47).

It is a good defensive pick in a market like this.  They have a fantastic long term investing track record.  They have had a lot of cash historically and are now starting to invest that.  Their insurance operations are operating as well as they have in a long time.  It is only at 1.1 times book value.  He has been buying as recently as last week.  (Analysts’ target: $749.47).

Colin Stewart
CEO & Portfolio manager, JC Clark Investments Ltd.
Price
$725.350
Owned
Yes