Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
July 26, 2018

He likes these guys. They have a lot of international exposure. Well run operator. 27% production growth. Balance sheet is getting better. 6% dividend yield with an 80% payout ratio. The only problem is that it is expensive relative to its peers. If you believe oil will continue to hold or go up this is a great name to own. 

He likes these guys. They have a lot of international exposure. Well run operator. 27% production growth. Balance sheet is getting better. 6% dividend yield with an 80% payout ratio. The only problem is that it is expensive relative to its peers. If you believe oil will continue to hold or go up this is a great name to own. 

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$47.700
Owned
No
BUY
BUY
July 26, 2018

He has been long on this name over the last year. There has been concerns about their model. He thinks it is going to grow a lot from here. Balance sheet continues to improve. Margins are improving. A story that has legs.

He has been long on this name over the last year. There has been concerns about their model. He thinks it is going to grow a lot from here. Balance sheet continues to improve. Margins are improving. A story that has legs.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$4.840
Owned
Yes
BUY
BUY
July 26, 2018

He thinks that they had done a lot. Their backlog is at a record and capable of growing from here. He sees growth at 35%. Trades at 14.9 times 2019. Cheap. Balance sheet is OK. It is a better company now than when the Chinese company wanted to acquire it and was blocked by Ottawa. 

Aecon Group Inc(ARE-T)
July 26, 2018

He thinks that they had done a lot. Their backlog is at a record and capable of growing from here. He sees growth at 35%. Trades at 14.9 times 2019. Cheap. Balance sheet is OK. It is a better company now than when the Chinese company wanted to acquire it and was blocked by Ottawa. 

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$15.300
Owned
Yes
TOP PICK
TOP PICK
July 26, 2018

He likes banks in general. If you look at banks, 80% of their return since 2010 have come on the second half of the year. There are signs of stability in Canadian housing markets. This one has better growth prospects than its peers and in line valuations. ROE is the highest its been in 4 years. Relatively drama-free. (Analysts’ price target is $111.26)

He likes banks in general. If you look at banks, 80% of their return since 2010 have come on the second half of the year. There are signs of stability in Canadian housing markets. This one has better growth prospects than its peers and in line valuations. ROE is the highest its been in 4 years. Relatively drama-free. (Analysts’ price target is $111.26)

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$103.900
Owned
Yes
TOP PICK
TOP PICK
July 26, 2018

They announced a new focus on disclosure on their legacy portfolio and improving their efficiency ratios and becoming a leader in digital adoption. He believes this will help narrow the valuation gap. This is heap. They model a growth of 11% on earnings. (Analysts’ price target is $29.44)

They announced a new focus on disclosure on their legacy portfolio and improving their efficiency ratios and becoming a leader in digital adoption. He believes this will help narrow the valuation gap. This is heap. They model a growth of 11% on earnings. (Analysts’ price target is $29.44)

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$24.100
Owned
Yes
TOP PICK
TOP PICK
July 26, 2018

Q2 they checked all boxes. A story of improved macro tailwinds combined with increased margin efficiencies and cost cutting. They model earnings growth of 28%. Trading at 153 times 2019.   (Analysts’ price target is $38.83)

Finning Int(FTT-T)
July 26, 2018

Q2 they checked all boxes. A story of improved macro tailwinds combined with increased margin efficiencies and cost cutting. They model earnings growth of 28%. Trading at 153 times 2019.   (Analysts’ price target is $38.83)

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$33.290
Owned
Yes