Latest Expert Opinions

Signal
Opinion
Expert
BUY WEAKNESS
BUY WEAKNESS
November 21, 2018
They have been competing against Amazon, Walmart, Costco. It is a great brand. They can compete with all of their brands. Still have to sharpen your game to continue to compete against Amazon.
They have been competing against Amazon, Walmart, Costco. It is a great brand. They can compete with all of their brands. Still have to sharpen your game to continue to compete against Amazon.
Michael Simpson, CFA
Senior Vice-President, Sentry Investments
Price
$148.900
Owned
No
WAIT
WAIT
November 21, 2018
They hired a new CEO in the last 12 months. They want to grow the wealth management business. There was a short report on them a couple of weeks ago. They are doing a good job and he likes the direction they are going. They are looking at cost savings and driving efficiencies.
Manulife Financial (MFC-T)
November 21, 2018
They hired a new CEO in the last 12 months. They want to grow the wealth management business. There was a short report on them a couple of weeks ago. They are doing a good job and he likes the direction they are going. They are looking at cost savings and driving efficiencies.
Michael Simpson, CFA
Senior Vice-President, Sentry Investments
Price
$21.420
Owned
No
TOP PICK
TOP PICK
November 21, 2018
They have diversified their business over the years. They do credit ratings on bonds which is 45% of their business. They have their indices that they sell to ETF providers. With tax reform in the US, a lot of companies brought back cash into the US resulting in decreased bond issuance and ratings. They have grown their dividend about 14% over the last 5 years. It is a quality company to get you through some of the market volatility. Yield = 1.1% (Analysts’ price target is $207.06)
S&P Global Inc (SPGI-N)
November 21, 2018
They have diversified their business over the years. They do credit ratings on bonds which is 45% of their business. They have their indices that they sell to ETF providers. With tax reform in the US, a lot of companies brought back cash into the US resulting in decreased bond issuance and ratings. They have grown their dividend about 14% over the last 5 years. It is a quality company to get you through some of the market volatility. Yield = 1.1% (Analysts’ price target is $207.06)
Michael Simpson, CFA
Senior Vice-President, Sentry Investments
Price
$177.640
Owned
Yes
TOP PICK
TOP PICK
November 21, 2018
They are an oligopoly. They have an international division. They are selling software and hardware into the health industry. He expects continued dividend growth. They are a well managed company with a low churn which means their customers are not leaving. Yield = 4.6% (Analysts’ price target is $50.66)
Telus Corp (T-T)
November 21, 2018
They are an oligopoly. They have an international division. They are selling software and hardware into the health industry. He expects continued dividend growth. They are a well managed company with a low churn which means their customers are not leaving. Yield = 4.6% (Analysts’ price target is $50.66)
Michael Simpson, CFA
Senior Vice-President, Sentry Investments
Price
$47.140
Owned
Yes
TOP PICK
TOP PICK
November 21, 2018
There was a change of government in Ontario. The CEO and Board left but that cloud over the company is fading away. They provide distribution and transmission of electricity. They are trying to make an acquisition of a US company. If the US acquisition comes to fruition, the Ontario province stake becomes lower. The concern of political interference is overdone. Yield = 4.7% (Analysts’ price target is $20.92)
Hydro One (H-T)
November 21, 2018
There was a change of government in Ontario. The CEO and Board left but that cloud over the company is fading away. They provide distribution and transmission of electricity. They are trying to make an acquisition of a US company. If the US acquisition comes to fruition, the Ontario province stake becomes lower. The concern of political interference is overdone. Yield = 4.7% (Analysts’ price target is $20.92)
Michael Simpson, CFA
Senior Vice-President, Sentry Investments
Price
$19.520
Owned
Yes
BUY
BUY
November 21, 2018
Was his top pick 3 months ago. Their Q3 earnings were up YOY , beating consensus by 10%. Infrastructure margins were up with room to run. Their backlog is up from $4 billion last year to $7 billion. Trades at a cheap 14x. He sees growth with a $23 price target. He likes it.
Aecon Group Inc (ARE-T)
November 21, 2018
Was his top pick 3 months ago. Their Q3 earnings were up YOY , beating consensus by 10%. Infrastructure margins were up with room to run. Their backlog is up from $4 billion last year to $7 billion. Trades at a cheap 14x. He sees growth with a $23 price target. He likes it.
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$18.690
Owned
Unknown
BUY
BUY
November 21, 2018
Canadian banks in general and TD? Credit quality has been pristine, but will it last. NIM (net interest margin) has picked up. The banks can still grow at 6% as they trade at a reasonable 10.1x peers. TD has sector-based capital with strong core deposits with a strong US presence. Sees 7% growth, but are trading at a half-point premium vs. peers. He also likes Royal and BMO.
Toronto Dominion (TD-T)
November 21, 2018
Canadian banks in general and TD? Credit quality has been pristine, but will it last. NIM (net interest margin) has picked up. The banks can still grow at 6% as they trade at a reasonable 10.1x peers. TD has sector-based capital with strong core deposits with a strong US presence. Sees 7% growth, but are trading at a half-point premium vs. peers. He also likes Royal and BMO.
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$71.120
Owned
Unknown