Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
October 16, 2018

All forestry stocks are cyclical especially pulp and paper. If you stick with CAS and forestry, then diversify your portfolio instead to something less cyclical, at least non-paper stocks but are in forestry if you want to stay in this space.

Cascades Inc (CAS-T)
October 16, 2018

All forestry stocks are cyclical especially pulp and paper. If you stick with CAS and forestry, then diversify your portfolio instead to something less cyclical, at least non-paper stocks but are in forestry if you want to stay in this space.

Michael Decter
President & CEO, Lawrence Decter Investment Counsel
Price
$11.140
Owned
Unknown
PARTIAL SELL
PARTIAL SELL
October 16, 2018

Owned it for a long time and it's done very well for him. People are still producing a lot of waste despite recycling. WCN is run well. Buy the dip. It's at 41x earnings, pricey. Hold or take some profits.

Waste Connections (WCN-T)
October 16, 2018

Owned it for a long time and it's done very well for him. People are still producing a lot of waste despite recycling. WCN is run well. Buy the dip. It's at 41x earnings, pricey. Hold or take some profits.

Michael Decter
President & CEO, Lawrence Decter Investment Counsel
Price
$100.830
Owned
Yes
BUY
BUY
October 16, 2018

Brookfield's story is appreciation over time. It's been flat lately, but the dividend is solid. Brookfield companies are solid long-term companies. Dividend over 6%.

Brookfield's story is appreciation over time. It's been flat lately, but the dividend is solid. Brookfield companies are solid long-term companies. Dividend over 6%.

Michael Decter
President & CEO, Lawrence Decter Investment Counsel
Price
$26.030
Owned
Yes
DON'T BUY
DON'T BUY
October 16, 2018

His favourite Canadian oil producer, but he sold all his oil producers six months ago, because Canadians can't get world prices for oil. He bought U.S. producers instead, because they get that world price. Canadians have failed to
build pipelines. There will come a time when we will have pipelines, but that time looks far off.

His favourite Canadian oil producer, but he sold all his oil producers six months ago, because Canadians can't get world prices for oil. He bought U.S. producers instead, because they get that world price. Canadians have failed to
build pipelines. There will come a time when we will have pipelines, but that time looks far off.

Michael Decter
President & CEO, Lawrence Decter Investment Counsel
Price
$37.970
Owned
No
DON'T BUY
DON'T BUY
October 16, 2018

It's late cycle for TECK and related minerals companies. He owns very little in this space because he doesn't see upside. TECK itself is a good company.

It's late cycle for TECK and related minerals companies. He owns very little in this space because he doesn't see upside. TECK itself is a good company.

Michael Decter
President & CEO, Lawrence Decter Investment Counsel
Price
$31.490
Owned
No
COMMENT
COMMENT
October 16, 2018

Great bank, though he owns more of TD, because of its U.S. exposure. RY is extremely well-managed. You can't go wrong owning it. But if RY is too big a part of your portfolio, sell some of it and buy a U.S. bank like JPM. Note: Canadian dividends pay better dividends and benefit from Canada's dividend tax credit, whereas you're taxed more on U.S. banks. He sees more upside with American banks, but check with your accountant and advisor about the taxes first. Otherwise, but another Canadian bank.

Royal Bank (RY-T)
October 16, 2018

Great bank, though he owns more of TD, because of its U.S. exposure. RY is extremely well-managed. You can't go wrong owning it. But if RY is too big a part of your portfolio, sell some of it and buy a U.S. bank like JPM. Note: Canadian dividends pay better dividends and benefit from Canada's dividend tax credit, whereas you're taxed more on U.S. banks. He sees more upside with American banks, but check with your accountant and advisor about the taxes first. Otherwise, but another Canadian bank.

Michael Decter
President & CEO, Lawrence Decter Investment Counsel
Price
$99.660
Owned
Yes
COMMENT
COMMENT
October 16, 2018

Owned it for a long time. Then, ALA got into trouble. He's now wait and see with ALA. The market needs to get their head around their earnings and how sustainable their 10% dividend is. Be careful here.

Altagas Ltd (ALA-T)
October 16, 2018

Owned it for a long time. Then, ALA got into trouble. He's now wait and see with ALA. The market needs to get their head around their earnings and how sustainable their 10% dividend is. Be careful here.

Michael Decter
President & CEO, Lawrence Decter Investment Counsel
Price
$20.710
Owned
No