Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
September 28, 2018

Recent news good? Doesn’t think the Instagram founder’s leaving is negative, though the security breach is. Trading at 17x 2020 earnings. Took down growth, probably being conservative. Modelling 25% share growth, trading at a market multiple, for something that’s this disruptive, it’s a really good deal. You can buy it.

Facebook(FB-Q)
September 28, 2018

Recent news good? Doesn’t think the Instagram founder’s leaving is negative, though the security breach is. Trading at 17x 2020 earnings. Took down growth, probably being conservative. Modelling 25% share growth, trading at a market multiple, for something that’s this disruptive, it’s a really good deal. You can buy it.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$164.460
Owned
Unknown
WEAK BUY
WEAK BUY
September 28, 2018

A very whippy stock, can trade down on little news. Litigation, maintenance issues, balance sheet is high. If there’s a recession, not a good place to be. Management is guiding to a much better second half. Thinks the yield of 7.8% is safe. A 59% payout ratio for 2019. As long as earnings are good, you’re fine. You can make money buying here.

A very whippy stock, can trade down on little news. Litigation, maintenance issues, balance sheet is high. If there’s a recession, not a good place to be. Management is guiding to a much better second half. Thinks the yield of 7.8% is safe. A 59% payout ratio for 2019. As long as earnings are good, you’re fine. You can make money buying here.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$15.470
Owned
Unknown
SELL
SELL
September 28, 2018

Bad news is costs elevated, more competitive pressure in retirement homes. Pricey. Balance sheet not perfect. Good news is decent growth rate, and good long-term area to be in. But much better value elsewhere. He’s trimmed to move into other areas. You have to buy things at the right price.

Bad news is costs elevated, more competitive pressure in retirement homes. Pricey. Balance sheet not perfect. Good news is decent growth rate, and good long-term area to be in. But much better value elsewhere. He’s trimmed to move into other areas. You have to buy things at the right price.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$14.640
Owned
Unknown
COMMENT
COMMENT
September 28, 2018

Has been a terrible place to be. Long-term decline. It’s destroyed wealth. Market’s trading off of underlying ownership of Transalta Renewables. Pays a small dividend. Washed out, fairly decent value in it.

Transalta Corp(TA-T)
September 28, 2018

Has been a terrible place to be. Long-term decline. It’s destroyed wealth. Market’s trading off of underlying ownership of Transalta Renewables. Pays a small dividend. Washed out, fairly decent value in it.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$7.270
Owned
Yes
BUY
BUY
September 28, 2018

A whippy stock. A lot of supply is coming on, US housing has slowed a bit. The housing story is not over, it’s paused. $43 is not a bad level. Doesn’t know if it’s a stock you can own for 100 years, it’s cyclical, but it’s cheap now. Balance sheet’s great.

Norbord Inc(OSB-T)
September 28, 2018

A whippy stock. A lot of supply is coming on, US housing has slowed a bit. The housing story is not over, it’s paused. $43 is not a bad level. Doesn’t know if it’s a stock you can own for 100 years, it’s cyclical, but it’s cheap now. Balance sheet’s great.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$42.800
Owned
Unknown
TOP PICK
TOP PICK
September 28, 2018

End markets are in early stages of recovery, robust backlog. Really nice growth. Really good balance sheet. ROC is 17% for 2019. Good Q2 performance. Pretty cheap. Tailwinds from the macro story and efficiency gains. Decent dividend. Bluer chip name. Will do well over the next 1-2 years. Yield is 2.5%. (Analysts’ price target is $39.17.)

Finning Int(FTT-T)
September 28, 2018

End markets are in early stages of recovery, robust backlog. Really nice growth. Really good balance sheet. ROC is 17% for 2019. Good Q2 performance. Pretty cheap. Tailwinds from the macro story and efficiency gains. Decent dividend. Bluer chip name. Will do well over the next 1-2 years. Yield is 2.5%. (Analysts’ price target is $39.17.)

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$31.550
Owned
Yes
TOP PICK
TOP PICK
September 28, 2018

Have acquired significant infrastructure projects, so now have a record backlog. Sees growth at 35%. Balance sheet in good shape. Trades at discount to peers. Really good growth rate, nice dividend. Upside over next 12-24 months. Yield is 3.1%. (Analysts’ price target is $20.05.)

Aecon Group Inc(ARE-T)
September 28, 2018

Have acquired significant infrastructure projects, so now have a record backlog. Sees growth at 35%. Balance sheet in good shape. Trades at discount to peers. Really good growth rate, nice dividend. Upside over next 12-24 months. Yield is 3.1%. (Analysts’ price target is $20.05.)

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$16.230
Owned
Yes