Latest Expert Opinions

Signal
Opinion
Expert
SHORT
SHORT
September 17, 2018

It is a short for him. It has a good yield but struggles in a rising rate interest environment.

Emera Inc (EMA-T)
September 17, 2018

It is a short for him. It has a good yield but struggles in a rising rate interest environment.

Jason Mann
CIO & Co-Founder, Edgehill Patners
Price
$41.500
Owned
Yes
TOP PICK
TOP PICK
September 17, 2018

H.IR-T Investment Receipts. They are tied to Hydro 1. They issued them as part of their US acquisition. It is not clear whether this transaction will actually close. These receipts give you protection in that scenario. You either get shares of H-T or your money back. The price momentum has started to improve on these, 4.7% yield. He likes these receipts as a better way to play the deal. It should happen between now and the end of April. (Analysts’ target: $21.58).

Hydro One (H-T)
September 17, 2018

H.IR-T Investment Receipts. They are tied to Hydro 1. They issued them as part of their US acquisition. It is not clear whether this transaction will actually close. These receipts give you protection in that scenario. You either get shares of H-T or your money back. The price momentum has started to improve on these, 4.7% yield. He likes these receipts as a better way to play the deal. It should happen between now and the end of April. (Analysts’ target: $21.58).

Jason Mann
CIO & Co-Founder, Edgehill Patners
Price
$19.870
Owned
Yes
TOP PICK
TOP PICK
September 17, 2018

He is negative on the other pipelines but this one is a more attractive and more defensive way to play the energy market. They beat on last earnings and have a good balance sheet. There are multiple possible catalysts to move the stock higher. (Analysts’ target: $67.37).

TC Energy (TRP-T)
September 17, 2018

He is negative on the other pipelines but this one is a more attractive and more defensive way to play the energy market. They beat on last earnings and have a good balance sheet. There are multiple possible catalysts to move the stock higher. (Analysts’ target: $67.37).

Jason Mann
CIO & Co-Founder, Edgehill Patners
Price
$55.250
Owned
Yes
TOP PICK
TOP PICK
September 17, 2018

It really struggled recently turning from a growth to value stock. It is cheap enough that it is interesting to him. Price momentum has improved more recently. (Analysts’ target: $35.36).

Cineplex Inc (CGX-T)
September 17, 2018

It really struggled recently turning from a growth to value stock. It is cheap enough that it is interesting to him. Price momentum has improved more recently. (Analysts’ target: $35.36).

Jason Mann
CIO & Co-Founder, Edgehill Patners
Price
$32.060
Owned
Yes
BUY
BUY
September 17, 2018

It has two things he likes. It has good price momentum and good valuation. Chip makers are meaningfully cheaper than software companies. This is a very cheap company, about 4 times earnings. They have all struggled recently but that is not a reason to give up on them. Hang on to it or take another look at it.

Micron Technology (MU-Q)
September 17, 2018

It has two things he likes. It has good price momentum and good valuation. Chip makers are meaningfully cheaper than software companies. This is a very cheap company, about 4 times earnings. They have all struggled recently but that is not a reason to give up on them. Hang on to it or take another look at it.

Jason Mann
CIO & Co-Founder, Edgehill Patners
Price
$43.580
Owned
Unknown
WAIT
WAIT
September 17, 2018

It is one of his favourite ETFs to play high yielding, less correlating exposure. Utilities, pipelines and telcoes, 30% US, 70% Canada. The yield is in the 4.5%-5% range. It has a covered call overlay to enhance the yield to something over 6%. Seasonality is a factor. Over the next couple of months we will see interest rates tick up a bit and ZWU-T is interest rate sensitive. Underfunded pension plans are off the board now and should have a slight negative on ZWU-T, so hold off before nibbling on it.

It is one of his favourite ETFs to play high yielding, less correlating exposure. Utilities, pipelines and telcoes, 30% US, 70% Canada. The yield is in the 4.5%-5% range. It has a covered call overlay to enhance the yield to something over 6%. Seasonality is a factor. Over the next couple of months we will see interest rates tick up a bit and ZWU-T is interest rate sensitive. Underfunded pension plans are off the board now and should have a slight negative on ZWU-T, so hold off before nibbling on it.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$12.780
Owned
Unknown
WATCH
WATCH
September 17, 2018

In the long term you have to like this story. He always wants to know when this growth phase ends but has not looked under the hood. So when a company like this misses, as DOL-T did recently, then does that mean the growth phase has ended, but he does not know today. You can trade it if you want but if it breaks here it could drop to $35 or to $25.There is not enough evidence right now that it is going to hold.

Dollarama Inc. (DOL-T)
September 17, 2018

In the long term you have to like this story. He always wants to know when this growth phase ends but has not looked under the hood. So when a company like this misses, as DOL-T did recently, then does that mean the growth phase has ended, but he does not know today. You can trade it if you want but if it breaks here it could drop to $35 or to $25.There is not enough evidence right now that it is going to hold.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$42.580
Owned
Unknown