Latest Expert Opinions

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
August 9, 2018

(A Top Pick June 11/2018, Up 1 %) Canadian company, but about 80% of production is in US, so they get world price for oil. The Canadian listing gives them the dividend tax credit and it’s well managed.

Enerplus Corp (ERF-T)
August 9, 2018

(A Top Pick June 11/2018, Up 1 %) Canadian company, but about 80% of production is in US, so they get world price for oil. The Canadian listing gives them the dividend tax credit and it’s well managed.

Michael Decter
President & CEO, Lawrence Decter Investment Counsel
Price
$16.610
Owned
Yes
PAST TOP PICK
PAST TOP PICK
August 9, 2018

(A Top Pick June 11/2018, Down 4%) Consolidate diagnostic imaging centres in US. A growth company, recent $27M acquisition in Florida which will add 20% to revenue. There are 7500 imaging centres in US, so ripe for consolidation. Will outperform its bigger competitor over time. Thinks it’ll eventually be acquired as a vehicle for AI in digital imaging.

Akumin Inc. (AKU.U-T)
August 9, 2018

(A Top Pick June 11/2018, Down 4%) Consolidate diagnostic imaging centres in US. A growth company, recent $27M acquisition in Florida which will add 20% to revenue. There are 7500 imaging centres in US, so ripe for consolidation. Will outperform its bigger competitor over time. Thinks it’ll eventually be acquired as a vehicle for AI in digital imaging.

Michael Decter
President & CEO, Lawrence Decter Investment Counsel
Price
$3.980
Owned
Yes
DON'T BUY
DON'T BUY
August 9, 2018

PE ratio this high is a red flag on the surface. He’d be reluctant to own the high PE multiple in a sector where other companies have lower multiples. Own another one, or own a few to diversify. Can’t tell if high PE due to price too high, or a one-time hit to earnings.

PE ratio this high is a red flag on the surface. He’d be reluctant to own the high PE multiple in a sector where other companies have lower multiples. Own another one, or own a few to diversify. Can’t tell if high PE due to price too high, or a one-time hit to earnings.

Michael Decter
President & CEO, Lawrence Decter Investment Counsel
Price
$15.550
Owned
No
BUY
BUY
August 9, 2018

CP vs. CNR? Lots to like about the rails, fuel efficient, easier to go to electric rail. Long-term, likes trains. Right now, locomotive shortage affecting both companies. Today, he’d buy CP over CNR. Both a bit cyclical, but if you’re patient and diversified, CP is the one you want to own. (Analysts’ price target is $273.34.)

CP vs. CNR? Lots to like about the rails, fuel efficient, easier to go to electric rail. Long-term, likes trains. Right now, locomotive shortage affecting both companies. Today, he’d buy CP over CNR. Both a bit cyclical, but if you’re patient and diversified, CP is the one you want to own. (Analysts’ price target is $273.34.)

Michael Decter
President & CEO, Lawrence Decter Investment Counsel
Price
$265.410
Owned
Unknown
DON'T BUY
DON'T BUY
August 9, 2018

CP vs. CNR? Lots to like about the rails, fuel efficient, easier to go to electric rail. Long-term, likes trains. Right now, locomotive shortage affecting both companies. Today, he’d buy CP over CNR. Both a bit cyclical, but if you’re patient and diversified, CP is the one you want to own.

CP vs. CNR? Lots to like about the rails, fuel efficient, easier to go to electric rail. Long-term, likes trains. Right now, locomotive shortage affecting both companies. Today, he’d buy CP over CNR. Both a bit cyclical, but if you’re patient and diversified, CP is the one you want to own.

Michael Decter
President & CEO, Lawrence Decter Investment Counsel
Price
$116.370
Owned
Unknown
WAIT
WAIT
August 9, 2018

He owns Prudential instead. Should be a terrific time to own an insurer, but it’s not. Flattening yield curve is hurting them. Would wait to see movement in the long rates before buying. US should kick rates higher, which should help. Own the banks, which automatically benefit from growth.

He owns Prudential instead. Should be a terrific time to own an insurer, but it’s not. Flattening yield curve is hurting them. Would wait to see movement in the long rates before buying. US should kick rates higher, which should help. Own the banks, which automatically benefit from growth.

Michael Decter
President & CEO, Lawrence Decter Investment Counsel
Price
$31.980
Owned
No
COMMENT
COMMENT
August 9, 2018

Difficult quarter, lowered guidance. Pounded pretty hard. Long-term it’s fine. Short-term, would be hurt by tariffs on cars. Skilled corporation, and they’re global. If you need someone to build a car for you, Magna can do that. They’re really good at it, whereas new entrants cannot, and it causes real value to be created. Share price could get bruised until the car part of NAFTA settles. (Analysts’ price target is $89.01.)

Magna Int'l. (A) (MG-T)
August 9, 2018

Difficult quarter, lowered guidance. Pounded pretty hard. Long-term it’s fine. Short-term, would be hurt by tariffs on cars. Skilled corporation, and they’re global. If you need someone to build a car for you, Magna can do that. They’re really good at it, whereas new entrants cannot, and it causes real value to be created. Share price could get bruised until the car part of NAFTA settles. (Analysts’ price target is $89.01.)

Michael Decter
President & CEO, Lawrence Decter Investment Counsel
Price
$70.480
Owned
Yes