Latest Expert Opinions

Signal
Opinion
Expert
TOP PICK
TOP PICK
September 4, 2018

This is a play on global energy. Also, Total is moving rapidly into the renewable space. Dividend yield is 4.6%. They are looking at their business 50 years out. Even though oil consumption is still growing in the present, the long-term future is not there. Total generates huge free cash flow, its balance sheet is better than it has been for 25 years, they will have almost no debt in 3 years and will have huge room to raise the dividend. (Analysts’ price target is $71.16)

Total SA (TOT-N)
September 4, 2018

This is a play on global energy. Also, Total is moving rapidly into the renewable space. Dividend yield is 4.6%. They are looking at their business 50 years out. Even though oil consumption is still growing in the present, the long-term future is not there. Total generates huge free cash flow, its balance sheet is better than it has been for 25 years, they will have almost no debt in 3 years and will have huge room to raise the dividend. (Analysts’ price target is $71.16)

Lorne Steinberg
President & Portfolio Manager, Lorne Steinberg Wealth Management Inc
Price
$62.180
Owned
Yes
TOP PICK
TOP PICK
September 4, 2018

This stock was dead money for years but has taken off. As a cloud business, they have become a growth company again, with double-digit revenue growth and consistently strong margins. This is the most expensive stock in his portfolio from a price to earnings basis but he believes that industry is still in early stages of jumping onto the cloud and that there is very strong growth ahead for Microsoft. He expects double-digit earnings growth for years to come and with $50 billion of net cash, he sees this as the best company that he owns. Yield 1.5%

Microsoft (MSFT-Q)
September 4, 2018

This stock was dead money for years but has taken off. As a cloud business, they have become a growth company again, with double-digit revenue growth and consistently strong margins. This is the most expensive stock in his portfolio from a price to earnings basis but he believes that industry is still in early stages of jumping onto the cloud and that there is very strong growth ahead for Microsoft. He expects double-digit earnings growth for years to come and with $50 billion of net cash, he sees this as the best company that he owns. Yield 1.5%

Lorne Steinberg
President & Portfolio Manager, Lorne Steinberg Wealth Management Inc
Price
$111.710
Owned
Yes
BUY
BUY
September 4, 2018

He really likes it. If you liked it at $20, you'll like it more at $19. It's viable long-term and they are 100% into renewable energy. They can keep growing internationally. Pays a nice dividend. Its forward earnings multiple is high, but remember that a lot of projects in green energy take time. Keep an eye on how much debt green companies carry and how interest rates rise. Trading at a little of 2x price-to-book.

Boralex Inc. (BLX-T)
September 4, 2018

He really likes it. If you liked it at $20, you'll like it more at $19. It's viable long-term and they are 100% into renewable energy. They can keep growing internationally. Pays a nice dividend. Its forward earnings multiple is high, but remember that a lot of projects in green energy take time. Keep an eye on how much debt green companies carry and how interest rates rise. Trading at a little of 2x price-to-book.

Tim Nash
Financial Planner , The Sustainable Economist
Price
$19.180
Owned
Unknown
COMMENT
COMMENT
September 4, 2018

It's not effected by the cancellation of green projects in Ontario. They own a few wind turbine farms. But their management will need to bring investment dollars from other provinces, the U.S. and abroad. Ontario was set up as the leader in green energy which will turn off potential investors from investing in this space.

It's not effected by the cancellation of green projects in Ontario. They own a few wind turbine farms. But their management will need to bring investment dollars from other provinces, the U.S. and abroad. Ontario was set up as the leader in green energy which will turn off potential investors from investing in this space.

Tim Nash
Financial Planner , The Sustainable Economist
Price
$40.130
Owned
Unknown
DON'T BUY
DON'T BUY
September 4, 2018

A traditional oil/gas company. As a long-term investor, he wouldn't buy this. He's concerned about oil demand given the rise of e-cars in the next decade or two. Also, what is OPEC going to do? Canada doesn't have control over the oil price.

A traditional oil/gas company. As a long-term investor, he wouldn't buy this. He's concerned about oil demand given the rise of e-cars in the next decade or two. Also, what is OPEC going to do? Canada doesn't have control over the oil price.

Tim Nash
Financial Planner , The Sustainable Economist
Price
$7.820
Owned
Unknown
BUY
BUY
September 4, 2018

He owns this for the 5% dividend. AQN isn't pure-play renewables (they own a bit of nat gas). He's happy if this moves sideways and stays steady. AQN has a large portfolio and you can own this for the long term.

He owns this for the 5% dividend. AQN isn't pure-play renewables (they own a bit of nat gas). He's happy if this moves sideways and stays steady. AQN has a large portfolio and you can own this for the long term.

Tim Nash
Financial Planner , The Sustainable Economist
Price
$13.390
Owned
Yes
PAST TOP PICK
PAST TOP PICK
September 4, 2018

(Past Top Pick, July 20, 2018, Down 1%) This tracks closely to the TSX 60. Own this if you believe in the Canadian company and want to avoid the worst (unethical) companies.

(Past Top Pick, July 20, 2018, Down 1%) This tracks closely to the TSX 60. Own this if you believe in the Canadian company and want to avoid the worst (unethical) companies.

Tim Nash
Financial Planner , The Sustainable Economist
Price
$25.750
Owned
Yes