Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
September 27, 2018

Don’t let that high yield seduce you into buying the name. We have seen that with the cutting of the dividend. They had a challenging ride. There was a lot of stability at ten dollars but then it fell to $4. The market cannot tell what the outlook is for the next 4 years.

Don’t let that high yield seduce you into buying the name. We have seen that with the cutting of the dividend. They had a challenging ride. There was a lot of stability at ten dollars but then it fell to $4. The market cannot tell what the outlook is for the next 4 years.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$4.330
Owned
Unknown
BUY
BUY
September 27, 2018

It is a nicely diversified bank with half from retail then the rest from investment banking and wealth management. You have to look at them in the light of any other banks you own. Rates have only gone up in the short term and not the long end, which you need. He thinks it is probable that the dividend will grow.

JP Morgan Chase & Co (JPM-N)
September 27, 2018

It is a nicely diversified bank with half from retail then the rest from investment banking and wealth management. You have to look at them in the light of any other banks you own. Rates have only gone up in the short term and not the long end, which you need. He thinks it is probable that the dividend will grow.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$114.520
Owned
No
BUY
BUY
September 27, 2018

BAC-N vs. C-N. Why is C-N momentum faster than BAC-N? It is not just about the quality of that business but also what you are paying to acquire it. Both of these names longer term will be okay. He likes BAC-N. It is diversified and heavily into the US economy.

Bank of America (BAC-N)
September 27, 2018

BAC-N vs. C-N. Why is C-N momentum faster than BAC-N? It is not just about the quality of that business but also what you are paying to acquire it. Both of these names longer term will be okay. He likes BAC-N. It is diversified and heavily into the US economy.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$29.940
Owned
Unknown
WEAK BUY
WEAK BUY
September 27, 2018

BAC-N vs. C-N. Why is C-N momentum faster than BAC-N? It is not just about the quality of that business but also what you are paying to acquire it. Both of these names longer term will be okay. He likes BAC-N. It is diversified and heavily into the US economy.

CitiGroup (C-N)
September 27, 2018

BAC-N vs. C-N. Why is C-N momentum faster than BAC-N? It is not just about the quality of that business but also what you are paying to acquire it. Both of these names longer term will be okay. He likes BAC-N. It is diversified and heavily into the US economy.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$72.950
Owned
Unknown
BUY
BUY
September 27, 2018

He does not own REITs but this is probably his favourite in the space. They did it right in the right markets. They created liberty village. They really did well pumping money into Hazelton Lanes. He believes it is still selling at a discount to its NAV.

First Capital Realty (FCR-T)
September 27, 2018

He does not own REITs but this is probably his favourite in the space. They did it right in the right markets. They created liberty village. They really did well pumping money into Hazelton Lanes. He believes it is still selling at a discount to its NAV.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$19.380
Owned
No
WEAK BUY
WEAK BUY
September 27, 2018

When you look at TD-T and BMO-T, they have been the best performing banks this year and because of the US exposure. He is not sure this is where he would go with profits, compared to RBC and so on, they are very different businesses.

Laurentian Bank (LB-T)
September 27, 2018

When you look at TD-T and BMO-T, they have been the best performing banks this year and because of the US exposure. He is not sure this is where he would go with profits, compared to RBC and so on, they are very different businesses.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$43.600
Owned
No
PAST TOP PICK
PAST TOP PICK
September 27, 2018

(A Top Pick Aug 15/17, Up 13%) If you compare how it has done to other telcos, it is pretty impressive. They are focused on the wireless space which is where the growth is coming from. He continues to buy it.

Telus Corp (T-T)
September 27, 2018

(A Top Pick Aug 15/17, Up 13%) If you compare how it has done to other telcos, it is pretty impressive. They are focused on the wireless space which is where the growth is coming from. He continues to buy it.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$48.100
Owned
Yes