Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
September 19, 2018

He thinks this mortgage lender has a dividend that is growing and trades at a low PE ratio. It is not a low risk company, as it makes loans to non-conventional borrowers. At this point in the market cycle, with high consumer debt, he would prefer to own a bank with larger market cap and higher liquidity. Yield 1.5%.

Equitable Group (EQB-T)
September 19, 2018

He thinks this mortgage lender has a dividend that is growing and trades at a low PE ratio. It is not a low risk company, as it makes loans to non-conventional borrowers. At this point in the market cycle, with high consumer debt, he would prefer to own a bank with larger market cap and higher liquidity. Yield 1.5%.

Lyle Stein
Sr. Portfolio & Managing Director, Vestcap Investment Management
Price
$69.530
Owned
No
HOLD
HOLD
September 19, 2018

He is a happy shareholder of this one. He bought it because it had lagged the whole software cycle in the beginning. They made an acquisition that caused the stock to tumble – they saw that as an opportunity at $40. He would not be adding to his position at this value, but expects future valuation appreciation.

Open Text (OTEX-T)
September 19, 2018

He is a happy shareholder of this one. He bought it because it had lagged the whole software cycle in the beginning. They made an acquisition that caused the stock to tumble – they saw that as an opportunity at $40. He would not be adding to his position at this value, but expects future valuation appreciation.

Lyle Stein
Sr. Portfolio & Managing Director, Vestcap Investment Management
Price
$49.410
Owned
Yes
HOLD
HOLD
September 19, 2018

A great company and they have executed their strategy well. They have been moving more oil and sees them as a good long term hold. Not necessarily the time to buy.

A great company and they have executed their strategy well. They have been moving more oil and sees them as a good long term hold. Not necessarily the time to buy.

Lyle Stein
Sr. Portfolio & Managing Director, Vestcap Investment Management
Price
$111.360
Owned
No
HOLD
HOLD
September 19, 2018

Potash is less of a commodity than in the past. The world needs this commodity around the world. The previous supply situation globally is abating as marginal mines are not being built. This is a good name to own. He prefers to hold base metals instead, where there is even greater growth potential. Yield 2.7%.

Nutrien Ltd. (NTR-T)
September 19, 2018

Potash is less of a commodity than in the past. The world needs this commodity around the world. The previous supply situation globally is abating as marginal mines are not being built. This is a good name to own. He prefers to hold base metals instead, where there is even greater growth potential. Yield 2.7%.

Lyle Stein
Sr. Portfolio & Managing Director, Vestcap Investment Management
Price
$75.680
Owned
No
WATCH
WATCH
September 19, 2018

Natural gas is a dirty word today. As a contrarian, he likes the yield but wonders if it is sustainable. They have a good management team. At some point there will be demand for Canadian natural gas – west coast LNG could be a catalyst. He thinks there are other energy names, but he continues to watch it. Yield 6.8%.

Natural gas is a dirty word today. As a contrarian, he likes the yield but wonders if it is sustainable. They have a good management team. At some point there will be demand for Canadian natural gas – west coast LNG could be a catalyst. He thinks there are other energy names, but he continues to watch it. Yield 6.8%.

Lyle Stein
Sr. Portfolio & Managing Director, Vestcap Investment Management
Price
$10.550
Owned
No
HOLD
HOLD
September 19, 2018

One of the higher dividend yields of the Canadian banks. He would be favoring Scotiabank, with the higher yield at the moment. It has US and domestic exposure and he thinks the dividend will continue to grow. He would continue to hold and collect the dividend. Yield 4.4%.

One of the higher dividend yields of the Canadian banks. He would be favoring Scotiabank, with the higher yield at the moment. It has US and domestic exposure and he thinks the dividend will continue to grow. He would continue to hold and collect the dividend. Yield 4.4%.

Lyle Stein
Sr. Portfolio & Managing Director, Vestcap Investment Management
Price
$123.530
Owned
No
TOP PICK
TOP PICK
September 19, 2018

The stock is out of favor after the two year wait for the WGL acquisition. They have raised $1.5 billion in shares of the $2 billion they said was needed and now the market wonders if the IPO will make up the difference. All the news is negative currently and he sees less risk now that the stock has fallen. He is betting the dividend is safe. Yield 10%. (Analysts’ price target is $27.79)

Altagas Ltd (ALA-T)
September 19, 2018

The stock is out of favor after the two year wait for the WGL acquisition. They have raised $1.5 billion in shares of the $2 billion they said was needed and now the market wonders if the IPO will make up the difference. All the news is negative currently and he sees less risk now that the stock has fallen. He is betting the dividend is safe. Yield 10%. (Analysts’ price target is $27.79)

Lyle Stein
Sr. Portfolio & Managing Director, Vestcap Investment Management
Price
$21.720
Owned
Yes