Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
September 24, 2018

It is a pure play.  One of the best CEOs in Canada.  They have not diversified into media.  They have healthcare that is growing aggressively.  They are past their peak cap-X.  The dividend should continue to grow.

Telus Corp(T-T)
September 24, 2018

It is a pure play.  One of the best CEOs in Canada.  They have not diversified into media.  They have healthcare that is growing aggressively.  They are past their peak cap-X.  The dividend should continue to grow.

Stephen Takacsy, B. Eng, MBA
Chief Investment Officer & Portfolio Mgr, Lester Asset Management
Price
$47.070
Owned
Yes
BUY WEAKNESS
BUY WEAKNESS
September 24, 2018

Be careful, it is s expensive.  It is extremely well managed.  It could get wacked on any slowdown.  They recently took their same store sales forecasts down and the sock went down.  It is a well managed company and there is still room to grow in Canada.  Watch the next few quarters and this could be a good entry point.

Dollarama Inc.(DOL-T)
September 24, 2018

Be careful, it is s expensive.  It is extremely well managed.  It could get wacked on any slowdown.  They recently took their same store sales forecasts down and the sock went down.  It is a well managed company and there is still room to grow in Canada.  Watch the next few quarters and this could be a good entry point.

Stephen Takacsy, B. Eng, MBA
Chief Investment Officer & Portfolio Mgr, Lester Asset Management
Price
$41.820
Owned
Unknown
DON'T BUY
DON'T BUY
September 24, 2018

It is not vulnerable to the WMT-Ns or AMZN-Qs of the world.  The multiple has always been reasonable.  However they announced a big acquisition in the fashion industry.  They paid a hefty price.  This diversification strategy might divert them quite a bit so he does not hold it.

It is not vulnerable to the WMT-Ns or AMZN-Qs of the world.  The multiple has always been reasonable.  However they announced a big acquisition in the fashion industry.  They paid a hefty price.  This diversification strategy might divert them quite a bit so he does not hold it.

Stephen Takacsy, B. Eng, MBA
Chief Investment Officer & Portfolio Mgr, Lester Asset Management
Price
$153.250
Owned
No
BUY
BUY
September 24, 2018

The founders had started selling shares last year.  Institutions were not happy with that and sold all their shares.  That is all gone now and some big institutions have moved in as well as the management.  He initiated a position.  The utility pole cycle will pick up because utility poles are getting old.  We will see a reacceleration in the sector.  There is still room to grow through acquisition. 

Stella-Jones Inc.(SJ-T)
September 24, 2018

The founders had started selling shares last year.  Institutions were not happy with that and sold all their shares.  That is all gone now and some big institutions have moved in as well as the management.  He initiated a position.  The utility pole cycle will pick up because utility poles are getting old.  We will see a reacceleration in the sector.  There is still room to grow through acquisition. 

Stephen Takacsy, B. Eng, MBA
Chief Investment Officer & Portfolio Mgr, Lester Asset Management
Price
$44.150
Owned
Yes
BUY WEAKNESS
BUY WEAKNESS
September 24, 2018

Canada post really catapulted them into the stratosphere a couple of years ago.  They piled on a lot of debt so he wanted to wait a couple of quarters and the stock blasted off.  It is a regulated industry so AMZN-Q will not have its own fleet of planes over night.  It is very profitable at the moment.  Don't chase it.

Cargojet Inc(CJT-T)
September 24, 2018

Canada post really catapulted them into the stratosphere a couple of years ago.  They piled on a lot of debt so he wanted to wait a couple of quarters and the stock blasted off.  It is a regulated industry so AMZN-Q will not have its own fleet of planes over night.  It is very profitable at the moment.  Don't chase it.

Stephen Takacsy, B. Eng, MBA
Chief Investment Officer & Portfolio Mgr, Lester Asset Management
Price
$79.030
Owned
Unknown
TOP PICK
TOP PICK
September 24, 2018

Probably one of the biggest turnaround stories in the next two years.  They got into some debt troubles and sold almost everything .  They are now one of the leaders in Pharma and healthcare services for seniors residences.  The new CEO is from Cardinal Health.  He will grow the company.  The stock has come down and the new CEO has put in aggressive cost cutting measures.  They just signed an agreement for distribution of cannabis to seniors.  Their robot medication dispenser for the home will send confirming Emails to loved ones and save a lot of money by encouraging people to stay at home.  It is bargain basement priced.  (Analysts’ target: $0.65).

Centric Health(CHH-T)
September 24, 2018

Probably one of the biggest turnaround stories in the next two years.  They got into some debt troubles and sold almost everything .  They are now one of the leaders in Pharma and healthcare services for seniors residences.  The new CEO is from Cardinal Health.  He will grow the company.  The stock has come down and the new CEO has put in aggressive cost cutting measures.  They just signed an agreement for distribution of cannabis to seniors.  Their robot medication dispenser for the home will send confirming Emails to loved ones and save a lot of money by encouraging people to stay at home.  It is bargain basement priced.  (Analysts’ target: $0.65).

Stephen Takacsy, B. Eng, MBA
Chief Investment Officer & Portfolio Mgr, Lester Asset Management
Price
$0.360
Owned
Yes
TOP PICK
TOP PICK
September 24, 2018

The orders have been slow to come in but they came out with results that were better than expected.  He thinks you will really see the orders come in in the next couple of months.  (Analysts’ target: $2.03).

The orders have been slow to come in but they came out with results that were better than expected.  He thinks you will really see the orders come in in the next couple of months.  (Analysts’ target: $2.03).

Stephen Takacsy, B. Eng, MBA
Chief Investment Officer & Portfolio Mgr, Lester Asset Management
Price
$1.330
Owned
Yes