Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
August 29, 2018

When interest rates rise, banks raise their lending rates faster than the deposit rate. Their margins increase. GS has made their money on underwriting and proprietary trading. Inexpensive stock at less than 10x earnings.

Goldman Sachs(GS-N)
August 29, 2018

When interest rates rise, banks raise their lending rates faster than the deposit rate. Their margins increase. GS has made their money on underwriting and proprietary trading. Inexpensive stock at less than 10x earnings.

David Baskin
President, Baskin Wealth Management
Price
$241.400
Owned
Yes
DON'T BUY
DON'T BUY
August 29, 2018

The problem is that it's the beneficiary of a tariff wall against American sugar. This is too scary if you rely on income for your portfolio. Buy Crombie REIT or Fortis or a telco, instead, because their dividends are more reliable and safer.

Rogers Sugar Inc(RSI-T)
August 29, 2018

The problem is that it's the beneficiary of a tariff wall against American sugar. This is too scary if you rely on income for your portfolio. Buy Crombie REIT or Fortis or a telco, instead, because their dividends are more reliable and safer.

David Baskin
President, Baskin Wealth Management
Price
$5.430
Owned
Unknown
DON'T BUY
DON'T BUY
August 29, 2018

He held it for 10 years and did very well, but then he unloaded it entirely, starting in February. He didn't see a recovery in its last quarter and sold his remaining shares. Highliner made a distrastrous acqusition and suffered a brutal recall.
Doesn't see a recovery anytime soon.

High Liner Foods(HLF-T)
August 29, 2018

He held it for 10 years and did very well, but then he unloaded it entirely, starting in February. He didn't see a recovery in its last quarter and sold his remaining shares. Highliner made a distrastrous acqusition and suffered a brutal recall.
Doesn't see a recovery anytime soon.

David Baskin
President, Baskin Wealth Management
Price
$7.960
Owned
No
DON'T BUY
DON'T BUY
August 29, 2018

A huge success story. A high-quality, expensive product, but a fashion one. In fashion, this year's star can be next year's dud. Compare to Lululemon which is very volatile. CG is very expensive now. A great company is not necessarily a great stock. He hopes they succeed, though.

A huge success story. A high-quality, expensive product, but a fashion one. In fashion, this year's star can be next year's dud. Compare to Lululemon which is very volatile. CG is very expensive now. A great company is not necessarily a great stock. He hopes they succeed, though.

David Baskin
President, Baskin Wealth Management
Price
$76.690
Owned
No
COMMENT
COMMENT
August 29, 2018

Pays a good dividend, which is the only reason to buy it. Telcos are in a neverending buying cycle, while investors buy them for yield. It's tough for them to grow. In a registered plan, it's better to buy a Canadian telco than AT&T, given the tax advantage.

A T & T US(T-N)
August 29, 2018

Pays a good dividend, which is the only reason to buy it. Telcos are in a neverending buying cycle, while investors buy them for yield. It's tough for them to grow. In a registered plan, it's better to buy a Canadian telco than AT&T, given the tax advantage.

David Baskin
President, Baskin Wealth Management
Price
$32.230
Owned
Unknown
HOLD
HOLD
August 29, 2018

Has owned this for over 10 years. Subject to volatility due to the price of its raw material that they can't control. Dairy is a low-growth market. China's growth has been slower than hoped. He feels so-so about Saputo. Likes the management, but not the raw material. Food stocks never go out of fashion, so a good diversifyer in a portfolio, but it won't create fireworks for an investor.

Saputo Inc.(SAP-T)
August 29, 2018

Has owned this for over 10 years. Subject to volatility due to the price of its raw material that they can't control. Dairy is a low-growth market. China's growth has been slower than hoped. He feels so-so about Saputo. Likes the management, but not the raw material. Food stocks never go out of fashion, so a good diversifyer in a portfolio, but it won't create fireworks for an investor.

David Baskin
President, Baskin Wealth Management
Price
$40.140
Owned
Yes
COMMENT
COMMENT
August 29, 2018

He likes it with 50 plants across North America, including Mexico. If NAFTA goes down, then Magna goes down. Trading at a low multple, but missed its earnings target in the last quarter. They are ready for the e-car revolution. He has a lot of faith in Magna.

Magna Int'l. (A)(MG-T)
August 29, 2018

He likes it with 50 plants across North America, including Mexico. If NAFTA goes down, then Magna goes down. Trading at a low multple, but missed its earnings target in the last quarter. They are ready for the e-car revolution. He has a lot of faith in Magna.

David Baskin
President, Baskin Wealth Management
Price
$72.410
Owned
Yes