Latest Expert Opinions

Signal
Opinion
Expert
TOP PICK
TOP PICK
October 22, 2018

It is a sector people hate. They are making money and have no debt. They closed a lot of stores - the worst ones. Some buy this stock just for the dividend.

It is a sector people hate. They are making money and have no debt. They closed a lot of stores - the worst ones. Some buy this stock just for the dividend.

Benj Gallander
President, Contra the Heard Investment Letter
Price
$4.040
Owned
Yes
TOP PICK
TOP PICK
October 22, 2018

They help corporations in the space. It is a boring company. They lose a little bit of money. They are looking to sell off some of the divisions, some activists are saying to sell the whole company. It could get taken out at quite a premium.

They help corporations in the space. It is a boring company. They lose a little bit of money. They are looking to sell off some of the divisions, some activists are saying to sell the whole company. It could get taken out at quite a premium.

Benj Gallander
President, Contra the Heard Investment Letter
Price
$1.490
Owned
Yes
BUY
BUY
October 22, 2018

They're about to finish acquring Sky in the UK. A very promising company. They know this business, and there's a lot of synergy in this deal. Sky has an outstanding user interface which has eluded North American systems and encouraged cord-cutting here. Comcast is levering a little, but generating strong free cash flow. They won't buy back stocks, but overall the Sky deal is a great move.

Comcast Corp (CMCSA-Q)
October 22, 2018

They're about to finish acquring Sky in the UK. A very promising company. They know this business, and there's a lot of synergy in this deal. Sky has an outstanding user interface which has eluded North American systems and encouraged cord-cutting here. Comcast is levering a little, but generating strong free cash flow. They won't buy back stocks, but overall the Sky deal is a great move.

Ashley Misquitta, CFA
Senior Portfolio Manager, Empire Life
Price
$35.750
Owned
Unknown
PARTIAL BUY
PARTIAL BUY
October 22, 2018

A great business positioned well in OS and the Cloud for enterprises--which is a strong secular tailwind. They are still gaining business as they move to a subscription-based system. MSFT generates a lot of free cash flow that will increase dividends over time. They hold a lot of cash that they will repatriate from overseas. A good business, and, yes, a little expensive, so he would add to a position to some degree, though not huge.

Microsoft (MSFT-Q)
October 22, 2018

A great business positioned well in OS and the Cloud for enterprises--which is a strong secular tailwind. They are still gaining business as they move to a subscription-based system. MSFT generates a lot of free cash flow that will increase dividends over time. They hold a lot of cash that they will repatriate from overseas. A good business, and, yes, a little expensive, so he would add to a position to some degree, though not huge.

Ashley Misquitta, CFA
Senior Portfolio Manager, Empire Life
Price
$109.630
Owned
Unknown
BUY
BUY
October 22, 2018

The chip space is down to three players occuping 95% of the market, so these companies are focussed on earning investor returns. AI and self-driving cars will be a tailwind. Yes, the stock has traded off from $60 to $40 a share. InvestorS saw this as a deeply cyclical company. True, but he sees this as a growth cyclical company. It has a lot of free cash flow and has promised a large share buyback.

Micron Technology (MU-Q)
October 22, 2018

The chip space is down to three players occuping 95% of the market, so these companies are focussed on earning investor returns. AI and self-driving cars will be a tailwind. Yes, the stock has traded off from $60 to $40 a share. InvestorS saw this as a deeply cyclical company. True, but he sees this as a growth cyclical company. It has a lot of free cash flow and has promised a large share buyback.

Ashley Misquitta, CFA
Senior Portfolio Manager, Empire Life
Price
$39.760
Owned
Unknown
COMMENT
COMMENT
October 22, 2018

A semi-conductor equipment company, selling parts for the semis' production lines. Semis are being used in more and more applications in, say, cars and data centres as A.I. grows. AMAT is a big player in producing semis. But there are
concerns about cyclicality, but overall this business is attractive.

Applied Materials (AMAT-Q)
October 22, 2018

A semi-conductor equipment company, selling parts for the semis' production lines. Semis are being used in more and more applications in, say, cars and data centres as A.I. grows. AMAT is a big player in producing semis. But there are
concerns about cyclicality, but overall this business is attractive.

Ashley Misquitta, CFA
Senior Portfolio Manager, Empire Life
Price
$33.530
Owned
Unknown
COMMENT
COMMENT
October 22, 2018

Their only competition is Airbus, and Boeing is producing well. They are growing their services business to increase margins. This may work. Plus, there's growing air travel, which is a tailwind. Their free cash flow is interesting, but the stock is a little expensive on the earnings side.

Boeing (BA-N)
October 22, 2018

Their only competition is Airbus, and Boeing is producing well. They are growing their services business to increase margins. This may work. Plus, there's growing air travel, which is a tailwind. Their free cash flow is interesting, but the stock is a little expensive on the earnings side.

Ashley Misquitta, CFA
Senior Portfolio Manager, Empire Life
Price
$355.980
Owned
Unknown