Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
August 23, 2018

He really likes it at these valuations. It got on a bit of a tare recently. It is well diversified. Auto sales are slowing but they are diversifying their business into areas of the future. It is difficult to find a problem with its valuation. The recent sell off is due to aluminum tariffs. If your outlook is longer than 6 months you should do well.

Magna Int'l. (A) (MG-T)
August 23, 2018

He really likes it at these valuations. It got on a bit of a tare recently. It is well diversified. Auto sales are slowing but they are diversifying their business into areas of the future. It is difficult to find a problem with its valuation. The recent sell off is due to aluminum tariffs. If your outlook is longer than 6 months you should do well.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$68.870
Owned
Unknown
SELL
SELL
August 23, 2018

He is quite bearish. The income fund has done better. When you look at the stock today he would say being a seller here makes a lot of sense as you take some risk off the table. He would move on because he does not like the uncertainty.

Enbridge (ENB-T)
August 23, 2018

He is quite bearish. The income fund has done better. When you look at the stock today he would say being a seller here makes a lot of sense as you take some risk off the table. He would move on because he does not like the uncertainty.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$47.120
Owned
Unknown
DON'T BUY
DON'T BUY
August 23, 2018

He would view it as a value trap. The spread is wider than it has been historically. The dividend looks attractive. It has a low PE and a high dividend yield so looks attractive. The issue is how Canadian-centric they are. He worries about investing in a solely Canadian bank relying on the Canadian consumer. They are betting the farm on Canada and the Canadian economy.

Laurentian Bank (LB-T)
August 23, 2018

He would view it as a value trap. The spread is wider than it has been historically. The dividend looks attractive. It has a low PE and a high dividend yield so looks attractive. The issue is how Canadian-centric they are. He worries about investing in a solely Canadian bank relying on the Canadian consumer. They are betting the farm on Canada and the Canadian economy.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$47.770
Owned
Unknown
BUY
BUY
August 23, 2018

He likes it. The move into the US was timely. They took some risk off the table. He thinks they are in the early stages of realizing the benefits of that US exposure. They might be vulnerable to a pullback but there is upside over the next 3-5 years.

He likes it. The move into the US was timely. They took some risk off the table. He thinks they are in the early stages of realizing the benefits of that US exposure. They might be vulnerable to a pullback but there is upside over the next 3-5 years.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$122.400
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
August 23, 2018

(A Top Pick July 7/17, Up 50%) It does not always perform like it has over the last year but it was a value play. It is among the more conservative ways to play the oil space. It is integrated so you have some diversification. It is one of the only commodity names he owns. He liked it on a valuation basis and is continuing to buy it for new clients.

Suncor Energy Inc (SU-T)
August 23, 2018

(A Top Pick July 7/17, Up 50%) It does not always perform like it has over the last year but it was a value play. It is among the more conservative ways to play the oil space. It is integrated so you have some diversification. It is one of the only commodity names he owns. He liked it on a valuation basis and is continuing to buy it for new clients.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$53.640
Owned
Yes
PAST TOP PICK
PAST TOP PICK
August 23, 2018

(A Top Pick July 7/17, Down 11%) A few of the big acquisitions did not happen that he had expected. He still owns it and still buys it. You get 3.25% yield. It is cheap.

Broadcom (AVGO-Q)
August 23, 2018

(A Top Pick July 7/17, Down 11%) A few of the big acquisitions did not happen that he had expected. He still owns it and still buys it. You get 3.25% yield. It is cheap.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$205.590
Owned
Yes
PAST TOP PICK
PAST TOP PICK
August 23, 2018

(A Top Pick July 7/17, Up 25%) They have such a large weighting in the US that it could affect how they can do business in the US. He likes it and continues to own it.

Toronto Dominion (TD-T)
August 23, 2018

(A Top Pick July 7/17, Up 25%) They have such a large weighting in the US that it could affect how they can do business in the US. He likes it and continues to own it.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$78.640
Owned
Yes