Latest Expert Opinions

Signal
Opinion
Expert
WATCH
WATCH
October 12, 2018

Lumber stocks and home builders in the US have a stock chart like this one – plunging down to the right.  At these levels, the valuations are suggesting a depression is coming – he does not believe in this.  His downside target is $66, so based on his model, it is a buy if the market can find a bottom soon.  

West Fraser Timber(WFT-T)
October 12, 2018

Lumber stocks and home builders in the US have a stock chart like this one – plunging down to the right.  At these levels, the valuations are suggesting a depression is coming – he does not believe in this.  His downside target is $66, so based on his model, it is a buy if the market can find a bottom soon.  

Ross Healy
Chairman, Strategic Analysis Corp
Price
$64.500
Owned
No
HOLD
HOLD
October 12, 2018

Uranium stocks are cheap on a price to book basis, he thinks.  The issue now is when will new long term contracts come in?  When will the Japanese come back?  Nor are we hearing of any rumours of new contracts.  It is hard to see a positive outlook.  He would continue to hold.

Cameco Corporation(CCO-T)
October 12, 2018

Uranium stocks are cheap on a price to book basis, he thinks.  The issue now is when will new long term contracts come in?  When will the Japanese come back?  Nor are we hearing of any rumours of new contracts.  It is hard to see a positive outlook.  He would continue to hold.

Ross Healy
Chairman, Strategic Analysis Corp
Price
$14.970
Owned
No
DON'T BUY
DON'T BUY
October 12, 2018

He thinks the valuation is in excess of its intrinsic value.  He would look at it at $108 and even then feels it might be a gamble.  If interest rates are looking to rise, this could create headwinds.  He sees $140 as being critical support.

Visa Inc.(V-N)
October 12, 2018

He thinks the valuation is in excess of its intrinsic value.  He would look at it at $108 and even then feels it might be a gamble.  If interest rates are looking to rise, this could create headwinds.  He sees $140 as being critical support.

Ross Healy
Chairman, Strategic Analysis Corp
Price
$140.060
Owned
No
DON'T BUY
DON'T BUY
October 12, 2018

The company has a hydroponic division that is getting into cannabis. He thinks cannabis is a busy space with 168 companies now claiming activity in the field. His analysis suggests (based on Colorado’s experience) the sector will face rapidly plateauing sales after the first couple of years. About 6% of the population turned out to be regular users and 80% of the population doesn’t care. He would not buy this based on their entry into cannabis.

The company has a hydroponic division that is getting into cannabis. He thinks cannabis is a busy space with 168 companies now claiming activity in the field. His analysis suggests (based on Colorado’s experience) the sector will face rapidly plateauing sales after the first couple of years. About 6% of the population turned out to be regular users and 80% of the population doesn’t care. He would not buy this based on their entry into cannabis.

Ross Healy
Chairman, Strategic Analysis Corp
Price
$72.750
Owned
No
BUY WEAKNESS
BUY WEAKNESS
October 12, 2018

It has a good possibility of pulling back to $67, where it would be a spectacular buying opportunity. 

Toronto Dominion(TD-T)
October 12, 2018

It has a good possibility of pulling back to $67, where it would be a spectacular buying opportunity. 

Ross Healy
Chairman, Strategic Analysis Corp
Price
$74.290
Owned
No
BUY
BUY
October 12, 2018

It has come off some still technical resistance, but sees it trading at cheap values.  (Analysts’ price target is $35)

Bank of America(BAC-N)
October 12, 2018

It has come off some still technical resistance, but sees it trading at cheap values.  (Analysts’ price target is $35)

Ross Healy
Chairman, Strategic Analysis Corp
Price
$28.460
Owned
No
BUY
BUY
October 12, 2018

It trades below it break up intrinsic value.  As a Quebec based company it will be too important to fail in political terms.  

It trades below it break up intrinsic value.  As a Quebec based company it will be too important to fail in political terms.  

Ross Healy
Chairman, Strategic Analysis Corp
Price
$45.080
Owned
No