Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
September 17, 2018

Likes it. Nutrien has done everything it has promised after the marger. Have nicely executed a program to sell $5 billion in assets which they will invest in the retail side by doing acquisitions. They will do buybacks and raise the dividend.

Nutrien Ltd. (NTR-T)
September 17, 2018

Likes it. Nutrien has done everything it has promised after the marger. Have nicely executed a program to sell $5 billion in assets which they will invest in the retail side by doing acquisitions. They will do buybacks and raise the dividend.

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$75.380
Owned
Yes
BUY
BUY
September 17, 2018

He's still happy with this. They did what they said they'd do: did the wgl acquisition, then sold off assets with more to come, and THE dividend is still safe. Management though will likely stop dividend increases for a year or two because they're conservative managers.

Altagas Ltd (ALA-T)
September 17, 2018

He's still happy with this. They did what they said they'd do: did the wgl acquisition, then sold off assets with more to come, and THE dividend is still safe. Management though will likely stop dividend increases for a year or two because they're conservative managers.

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$22.380
Owned
Yes
BUY WEAKNESS
BUY WEAKNESS
September 17, 2018

The Cadillac of the oil patch. They have a lot of refining, so that's a natural hedge, with all this worry about getting Canadian oil to the U.S. They've made good purchases. The stock has gone down, but $48-50 is a good place to buy. Generates a lot of cash flow.

Suncor Energy Inc (SU-T)
September 17, 2018

The Cadillac of the oil patch. They have a lot of refining, so that's a natural hedge, with all this worry about getting Canadian oil to the U.S. They've made good purchases. The stock has gone down, but $48-50 is a good place to buy. Generates a lot of cash flow.

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$49.770
Owned
Unknown
COMMENT
COMMENT
September 17, 2018

He sold it this year, because he was reducing his energy weighting. New managers have done well selling assets to reduce debt. Have also lowered costs. They don't have the refining capacity, so that's a problem. By 2020, the debt should be low enough to increase the dividend, though he had been expecting 2019.

Cenovus Energy (CVE-T)
September 17, 2018

He sold it this year, because he was reducing his energy weighting. New managers have done well selling assets to reduce debt. Have also lowered costs. They don't have the refining capacity, so that's a problem. By 2020, the debt should be low enough to increase the dividend, though he had been expecting 2019.

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$11.400
Owned
No
PARTIAL BUY
PARTIAL BUY
September 17, 2018

He owns other pipelines. It's trading at near lows. If you're longterm on pipelines, it's a decent time to enter this, but Transcanada and Pembina offer better dividend growth.

Inter Pipeline (IPL-T)
September 17, 2018

He owns other pipelines. It's trading at near lows. If you're longterm on pipelines, it's a decent time to enter this, but Transcanada and Pembina offer better dividend growth.

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$22.990
Owned
No
PAST TOP PICK
PAST TOP PICK
September 17, 2018

(Past Top Pick, May 25, 2017, Up 29%) Great retail operations in Canada and U.S. They increased their dividend 10% this year, and boast the lowest payout of all the Canadian banks. They'll continue to do well, given their U.S. presence and interest rates rises.

Toronto Dominion (TD-T)
September 17, 2018

(Past Top Pick, May 25, 2017, Up 29%) Great retail operations in Canada and U.S. They increased their dividend 10% this year, and boast the lowest payout of all the Canadian banks. They'll continue to do well, given their U.S. presence and interest rates rises.

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$79.170
Owned
Yes
PAST TOP PICK
PAST TOP PICK
September 17, 2018

(Past Top Pick, May 25, 2017, Up 64%) They're getting taken out by Brookfield Infrastructure. Had grown their dividend, too. Very happy with this.

EnerCare Inc (ECI-T)
September 17, 2018

(Past Top Pick, May 25, 2017, Up 64%) They're getting taken out by Brookfield Infrastructure. Had grown their dividend, too. Very happy with this.

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$28.900
Owned
Yes