Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
November 21, 2018
They cut their payout ratio by 50% and selling non-core assets. Their debt-to-fair value is a little high. Not much growth here. One good thing is it's cheap with a low payout ratio, so dividend is safe.
They cut their payout ratio by 50% and selling non-core assets. Their debt-to-fair value is a little high. Not much growth here. One good thing is it's cheap with a low payout ratio, so dividend is safe.
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$9.780
Owned
Unknown
WEAK BUY
WEAK BUY
November 21, 2018
Industrials have been slammed and CHE just settled a lawsuit, so this will be punished until the final settlement. Balance sheet is merely okay. But this is cheap now. Safe, high dividend. They could sell assets to help their balance sheet. It's messy but you can buy it at these levels.
Industrials have been slammed and CHE just settled a lawsuit, so this will be punished until the final settlement. Balance sheet is merely okay. But this is cheap now. Safe, high dividend. They could sell assets to help their balance sheet. It's messy but you can buy it at these levels.
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$11.540
Owned
Unknown
COMMENT
COMMENT
November 21, 2018
Q3 beat--earnings were way up. Double-digit growth in the US. Asia operations were a lower weak. 4% EPS growth only. Pricey vs. peers. Manulife has a better growth rate, and he prefers MFC. The lawsuit they face--MFC will be okay.
Q3 beat--earnings were way up. Double-digit growth in the US. Asia operations were a lower weak. 4% EPS growth only. Pricey vs. peers. Manulife has a better growth rate, and he prefers MFC. The lawsuit they face--MFC will be okay.
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$48.350
Owned
Unknown
BUY
BUY
November 21, 2018
vs. Sunlife Q3 beat--earnings were way up. Double-digit growth in the US. Asia operations were a lower weak. 4% EPS growth only. Pricey vs. peers. Manulife has a better growth rate, and he prefers MFC. The lawsuit they face--MFC will be okay.
Manulife Financial(MFC-T)
November 21, 2018
vs. Sunlife Q3 beat--earnings were way up. Double-digit growth in the US. Asia operations were a lower weak. 4% EPS growth only. Pricey vs. peers. Manulife has a better growth rate, and he prefers MFC. The lawsuit they face--MFC will be okay.
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$21.420
Owned
Unknown
TOP PICK
TOP PICK
November 21, 2018
Q3 was a very big beat and they are seriously growing their earnings. Funds from operation per share were way up, and he forecasts 10% growth there. As long as they execute and interest rates don't skyrocket, this stock will work. (Analysts’ price target is $69.25)
Q3 was a very big beat and they are seriously growing their earnings. Funds from operation per share were way up, and he forecasts 10% growth there. As long as they execute and interest rates don't skyrocket, this stock will work. (Analysts’ price target is $69.25)
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$57.310
Owned
Yes
TOP PICK
TOP PICK
November 21, 2018
Their Q3 beat by 10% and raised guidance as well as dividend. Well-run. He expects them to deploy $6-8 billion in coming years to drive growth. Will grow earnings 30% annually. Trades at only 13x. Solid dividend and balance sheet. (Analysts’ price target is $84.64)
Nutrien Ltd.(NTR-T)
November 21, 2018
Their Q3 beat by 10% and raised guidance as well as dividend. Well-run. He expects them to deploy $6-8 billion in coming years to drive growth. Will grow earnings 30% annually. Trades at only 13x. Solid dividend and balance sheet. (Analysts’ price target is $84.64)
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$67.720
Owned
Yes
TOP PICK
TOP PICK
November 21, 2018
Funding remains a problem: will they have to dilute shares? Also, it's a yield proxy, so what happens as interest rates rise? Pays a nice, safe dividend. Cheap at 13.3x times with a good balance sheet. They'll grow their earnings. It's shelter from the current storm. (Analysts’ price target is $63.91)
TransCanada Corp(TRP-T)
November 21, 2018
Funding remains a problem: will they have to dilute shares? Also, it's a yield proxy, so what happens as interest rates rise? Pays a nice, safe dividend. Cheap at 13.3x times with a good balance sheet. They'll grow their earnings. It's shelter from the current storm. (Analysts’ price target is $63.91)
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$53.930
Owned
Yes