Latest Expert Opinions

Signal
Opinion
Expert
WAIT
WAIT
September 12, 2018

emiconductor names have been swept downward because of concerns about demand. Took a stop loss, he’s out of it for now. Stay out until you see blue sky at the end of the tunnel.

Applied Materials (AMAT-Q)
September 12, 2018

emiconductor names have been swept downward because of concerns about demand. Took a stop loss, he’s out of it for now. Stay out until you see blue sky at the end of the tunnel.

Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$38.390
Owned
No
HOLD
HOLD
September 12, 2018

Likes it, even though flat this year. Pays a nice dividend of 4.1%, which is expected to grow. Likes the healthcare space. Hold on to it and collect the dividend.

AbbVie Inc. (ABBV-N)
September 12, 2018

Likes it, even though flat this year. Pays a nice dividend of 4.1%, which is expected to grow. Likes the healthcare space. Hold on to it and collect the dividend.

Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$93.240
Owned
Yes
BUY
BUY
September 12, 2018

Generally, he likes the US large cap banks. Trading above the 200-day moving average. At some point, interest rates will start picking up and net interest margins will move higher. Fairly cheap. As long as the global and US economies continue to do well, the stock will do fine. Lower tax rate and less regulation are positives. Yield is just under 2%. (Analysts’ price target is just above $34.)

Bank of America (BAC-N)
September 12, 2018

Generally, he likes the US large cap banks. Trading above the 200-day moving average. At some point, interest rates will start picking up and net interest margins will move higher. Fairly cheap. As long as the global and US economies continue to do well, the stock will do fine. Lower tax rate and less regulation are positives. Yield is just under 2%. (Analysts’ price target is just above $34.)

Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$30.430
Owned
Unknown
DON'T BUY
DON'T BUY
September 12, 2018

NAFTA overhang has held the stock back. Just crossed below the 200-day moving average. Has a 10% growth rate. We’re getting late in the cycle. If we start to see a slowdown, and people renting cars, that will hurt Magna.

Magna Int'l. (A) (MG-T)
September 12, 2018

NAFTA overhang has held the stock back. Just crossed below the 200-day moving average. Has a 10% growth rate. We’re getting late in the cycle. If we start to see a slowdown, and people renting cars, that will hurt Magna.

Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$68.160
Owned
No
DON'T BUY
DON'T BUY
September 12, 2018

Has done OK over past couple of years. Fallen below the 200-day moving average, so he would stay away. Has a 10% growth rate. Instead, look at names in the US or at Couche-Tard.

Has done OK over past couple of years. Fallen below the 200-day moving average, so he would stay away. Has a 10% growth rate. Instead, look at names in the US or at Couche-Tard.

Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$157.680
Owned
No
PAST TOP PICK
PAST TOP PICK
September 12, 2018

(A Top Pick August 24/17, Down 25%) Sold it in May. Low interest rates in Eurozone continuing, global synchronized growth not happening. Also political risks.

ING Groep NV (ING-N)
September 12, 2018

(A Top Pick August 24/17, Down 25%) Sold it in May. Low interest rates in Eurozone continuing, global synchronized growth not happening. Also political risks.

Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$12.650
Owned
No
PAST TOP PICK
PAST TOP PICK
September 12, 2018

(A Top Pick August 24/17, Up 19%) Still likes the name, but wanted to protect the portfolio. An 11-12% growth rate, decent dividend, diversified. Sold it to buy healthcare names. Want to own this mid-cycle. If we still have a couple of years of growth, and if trade concerns start to abate, names like this and Honeywell will do well.

United Technologies (UTX-N)
September 12, 2018

(A Top Pick August 24/17, Up 19%) Still likes the name, but wanted to protect the portfolio. An 11-12% growth rate, decent dividend, diversified. Sold it to buy healthcare names. Want to own this mid-cycle. If we still have a couple of years of growth, and if trade concerns start to abate, names like this and Honeywell will do well.

Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$133.890
Owned
No