Latest Expert Opinions

Signal
Opinion
Expert
PARTIAL SELL
PARTIAL SELL
July 26, 2018

It has had a tremendous appreciation in its share price over time. If you look at it from a value perspective it is always too expensive. 22-29 times. It is at about 35 times now. He would be shy to enter it because of this but if you own it, you might trim it or move to APX-N (American Express). There is a big spread in valuation, bigger than normal.

Visa Inc. (V-N)
July 26, 2018

It has had a tremendous appreciation in its share price over time. If you look at it from a value perspective it is always too expensive. 22-29 times. It is at about 35 times now. He would be shy to enter it because of this but if you own it, you might trim it or move to APX-N (American Express). There is a big spread in valuation, bigger than normal.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$142.500
Owned
Unknown
BUY
BUY
July 26, 2018

It is an opportunity because he believes in it long term. It could be bumpy over the next 6 months as they have some CAP-X spending to make on security. He will buy when it pays a dividend.

Facebook (FB-Q)
July 26, 2018

It is an opportunity because he believes in it long term. It could be bumpy over the next 6 months as they have some CAP-X spending to make on security. He will buy when it pays a dividend.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$176.260
Owned
No
HOLD
HOLD
July 26, 2018

It has been great if you don't need a dividend. We need to give management a lot of credit in being able to execute the growth strategy. The share price took a bit of a breather and it is probably because the share price went up so much. They are having to invest in their distribution center and network. It is close to a 30 times PE.

It has been great if you don't need a dividend. We need to give management a lot of credit in being able to execute the growth strategy. The share price took a bit of a breather and it is probably because the share price went up so much. They are having to invest in their distribution center and network. It is close to a 30 times PE.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$48.140
Owned
No
DON'T BUY
DON'T BUY
July 26, 2018

He is not a fan of it. It has a strong brand in Canada and pays a great dividend but that is about it. A lot of investors underestimate its risk. He thinks their restructuring is positive. But it is going to take some time.

Enbridge (ENB-T)
July 26, 2018

He is not a fan of it. It has a strong brand in Canada and pays a great dividend but that is about it. A lot of investors underestimate its risk. He thinks their restructuring is positive. But it is going to take some time.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$45.930
Owned
Unknown
HOLD
HOLD
July 26, 2018

It has some similarities to ENB-T. The dividend is seductive. Investors are wondering where the growth is going to come from. There have been better places to park capital for share price appreciation. He prefers BCE-T to this one [mentioned by caller].

It has some similarities to ENB-T. The dividend is seductive. Investors are wondering where the growth is going to come from. There have been better places to park capital for share price appreciation. He prefers BCE-T to this one [mentioned by caller].

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$31.210
Owned
Unknown
DON'T BUY
DON'T BUY
July 26, 2018

It is a yield play. He sees very little growth on the horizon. PE is almost 16 times. He prefers EMA-T because there is an appreciation potential and a slightly better yield.

Hydro One (H-T)
July 26, 2018

It is a yield play. He sees very little growth on the horizon. PE is almost 16 times. He prefers EMA-T because there is an appreciation potential and a slightly better yield.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$18.930
Owned
No
HOLD
HOLD
July 26, 2018

It is always going to be too expensive if you are a value investor. It is always 25 times PE or more. But the shares continue to go higher and higher. It is at 31 times right now. They continue to post strong sales, up 12% year over year.

It is always going to be too expensive if you are a value investor. It is always 25 times PE or more. But the shares continue to go higher and higher. It is at 31 times right now. They continue to post strong sales, up 12% year over year.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$221.720
Owned
Unknown