Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
October 3, 2018

In itself it is like the other car companies. It is tough. The US market at 17.2 million units/year is not growing. In fact, is falling a little bit. Globally 95 million are produced each year. The US is not that big a piece there. 

In itself it is like the other car companies. It is tough. The US market at 17.2 million units/year is not growing. In fact, is falling a little bit. Globally 95 million are produced each year. The US is not that big a piece there. 

Gordon Reid
President, GoodReid Investment Counsel
Price
$34.000
Owned
No
BUY
BUY
October 3, 2018

He likes it. The whole financial group hasn’t done much in 2018. Rising rates are a positive for the banks. Each 100 basis points increase in the level of interest rates will make Bank of America 2.8 billion dollars in net interest income. That translates in 3 dollars a share for this stock. It is a cyclical though. Needs to be monitored. 

Bank of America(BAC-N)
October 3, 2018

He likes it. The whole financial group hasn’t done much in 2018. Rising rates are a positive for the banks. Each 100 basis points increase in the level of interest rates will make Bank of America 2.8 billion dollars in net interest income. That translates in 3 dollars a share for this stock. It is a cyclical though. Needs to be monitored. 

Gordon Reid
President, GoodReid Investment Counsel
Price
$30.000
Owned
Yes
SELL
SELL
October 3, 2018

People don’t eat cereal as much. They kind of mismanaged their portfolio. It is reliable poor. You want the opposite. Low growth rates. Trying to buy investor’s confidence with higher dividend payouts. Don’t rationalize poorness. Move to something that has some growth.

General Mills(GIS-N)
October 3, 2018

People don’t eat cereal as much. They kind of mismanaged their portfolio. It is reliable poor. You want the opposite. Low growth rates. Trying to buy investor’s confidence with higher dividend payouts. Don’t rationalize poorness. Move to something that has some growth.

Gordon Reid
President, GoodReid Investment Counsel
Price
$43.000
Owned
No
DON'T BUY
DON'T BUY
October 3, 2018

They were the darling of Wall Street for many years with high multiple as they continued to grow. Now they hit a rough patch. The multiple is still in the low 20’s. Probably too high for his liking. He prefers to pay a higher price for more certainty.  

Starbucks(SBUX-Q)
October 3, 2018

They were the darling of Wall Street for many years with high multiple as they continued to grow. Now they hit a rough patch. The multiple is still in the low 20’s. Probably too high for his liking. He prefers to pay a higher price for more certainty.  

Gordon Reid
President, GoodReid Investment Counsel
Price
$55.470
Owned
No
HOLD
HOLD
October 3, 2018

Is it going to perform well in a recession or bear market? No. This is an investment management firm that receives fees so in that context it is going to fall. Having said that this is a great industry and they are huge. 6 trillion dollars in AUM. Markets normally move up. They are trading at 19 times earnings. Good play on the market. If the market goes long in the tooth in terms of the cycle, you might want to duck out. For now, it is a safe investment. 

Blackrock Inc.(BLK-N)
October 3, 2018

Is it going to perform well in a recession or bear market? No. This is an investment management firm that receives fees so in that context it is going to fall. Having said that this is a great industry and they are huge. 6 trillion dollars in AUM. Markets normally move up. They are trading at 19 times earnings. Good play on the market. If the market goes long in the tooth in terms of the cycle, you might want to duck out. For now, it is a safe investment. 

Gordon Reid
President, GoodReid Investment Counsel
Price
$474.370
Owned
No
COMMENT
COMMENT
October 3, 2018

Which one you prefer between AT&T (T-N) and Verizon (VZ-N) for an RRSP?  Good companies with fine dividends. In terms of total return there are other companies with lower dividend yields but better growth prospects that he would rather choose. 

A T & T US(T-N)
October 3, 2018

Which one you prefer between AT&T (T-N) and Verizon (VZ-N) for an RRSP?  Good companies with fine dividends. In terms of total return there are other companies with lower dividend yields but better growth prospects that he would rather choose. 

Gordon Reid
President, GoodReid Investment Counsel
Price
$33.920
Owned
_N/A
COMMENT
COMMENT
October 3, 2018

Which one you prefer between AT&T (T-N) and Verizon (VZ-N) for an RRSP?  Good companies with fine dividends. In terms of total return there are other companies with lower dividend yields but better growth prospects that he would rather choose. 

Which one you prefer between AT&T (T-N) and Verizon (VZ-N) for an RRSP?  Good companies with fine dividends. In terms of total return there are other companies with lower dividend yields but better growth prospects that he would rather choose. 

Gordon Reid
President, GoodReid Investment Counsel
Price
$54.290
Owned
_N/A