Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
August 17, 2018

They own Brookfield Business Partners (BBU.U.T) instead, which contributed significant capital to a joint venture with Great Canadian, who is running the Woodbine investment. A lot of volatility with this name. Not the most consistent income stream.

They own Brookfield Business Partners (BBU.U.T) instead, which contributed significant capital to a joint venture with Great Canadian, who is running the Woodbine investment. A lot of volatility with this name. Not the most consistent income stream.

Bryden Teich
Portfolio Manager, Avenue Investment Management
Price
$43.890
Owned
No
COMMENT
COMMENT
August 17, 2018

They’ve diversified. Underlying dynamics for this asset class are more positive than the homebuilders. But if rates go up, their profitability gets tougher. A low valuation way to play the US housing market, but he feels this is close to turning over.

They’ve diversified. Underlying dynamics for this asset class are more positive than the homebuilders. But if rates go up, their profitability gets tougher. A low valuation way to play the US housing market, but he feels this is close to turning over.

Bryden Teich
Portfolio Manager, Avenue Investment Management
Price
$11.780
Owned
No
DON'T BUY
DON'T BUY
August 17, 2018

Gone sideways for past year. Great job growing their base, stock’s done incredibly well last few years. But if economy is slowing down, it’s not the part of the cycle where you’d want to buy.

Gone sideways for past year. Great job growing their base, stock’s done incredibly well last few years. But if economy is slowing down, it’s not the part of the cycle where you’d want to buy.

Bryden Teich
Portfolio Manager, Avenue Investment Management
Price
$50.760
Owned
No
PAST TOP PICK
PAST TOP PICK
August 17, 2018

(A Top Pick March 1/18, Up 1%) Still really likes it. Lower end retail in the US is the place to be. In the sweet spot to benefit from the US tax cut. A global brand. They’ve grown, but not diluted shareholders once. Very clean from a financial perspective.

(A Top Pick March 1/18, Up 1%) Still really likes it. Lower end retail in the US is the place to be. In the sweet spot to benefit from the US tax cut. A global brand. They’ve grown, but not diluted shareholders once. Very clean from a financial perspective.

Bryden Teich
Portfolio Manager, Avenue Investment Management
Price
$62.970
Owned
Yes
PAST TOP PICK
PAST TOP PICK
August 17, 2018

(A Top Pick March 1/18, Up 22 %) Really like, still a great buy. Very diversified, great access to capital, great investment professionals. Plan to hold it for a long time.

(A Top Pick March 1/18, Up 22 %) Really like, still a great buy. Very diversified, great access to capital, great investment professionals. Plan to hold it for a long time.

Bryden Teich
Portfolio Manager, Avenue Investment Management
Price
$53.350
Owned
Yes
PAST TOP PICK
PAST TOP PICK
August 17, 2018

 (A Top Pick March 1/18, Up 19%) Negativity was priced into stock from March to June. Funding profile much better. Still room to move higher. Still a lot of debt. If they focus on paying down debt and getting Line 2 built, they’ll be in great shape, with a 6% yield.

Enbridge(ENB-T)
August 17, 2018

 (A Top Pick March 1/18, Up 19%) Negativity was priced into stock from March to June. Funding profile much better. Still room to move higher. Still a lot of debt. If they focus on paying down debt and getting Line 2 built, they’ll be in great shape, with a 6% yield.

Bryden Teich
Portfolio Manager, Avenue Investment Management
Price
$47.040
Owned
Yes
HOLD
HOLD
August 17, 2018

One of his main Canadian bank holdings. Great idea to use DRIPs. Wouldn’t buy more right now if you already own. Great job growing the US franchise. Well diversified. Not trading at a crazy multiple. A stock you can own forever. (Analysts’ price target is $83.75.)

Toronto Dominion(TD-T)
August 17, 2018

One of his main Canadian bank holdings. Great idea to use DRIPs. Wouldn’t buy more right now if you already own. Great job growing the US franchise. Well diversified. Not trading at a crazy multiple. A stock you can own forever. (Analysts’ price target is $83.75.)

Bryden Teich
Portfolio Manager, Avenue Investment Management
Price
$78.700
Owned
Yes