Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
November 29, 2018
Anything in the auto space has taken it on the chin recently. Prefers Magna (MG-T) primarily because of where Magna has made their investments, in electrification, driver autonomy and safety. Owns Magna. Feels the valuations are cheap but its going to be a challenging ride.
Linamar Corp(LNR-T)
November 29, 2018
Anything in the auto space has taken it on the chin recently. Prefers Magna (MG-T) primarily because of where Magna has made their investments, in electrification, driver autonomy and safety. Owns Magna. Feels the valuations are cheap but its going to be a challenging ride.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$48.000
Owned
No
COMMENT
COMMENT
November 29, 2018
TD is probably the least value priced Canadian bank right now. You are paying for first-mover advantage in terms of the success they've had in the U.S on the banking side. Considerably lower yield compared to the other Canadian banks. Not a value play, but hard to argue about how well they are executing. It should be one of the names you own, but if you're looking for a bargain, TD would not be the name.
Toronto Dominion(TD-T)
November 29, 2018
TD is probably the least value priced Canadian bank right now. You are paying for first-mover advantage in terms of the success they've had in the U.S on the banking side. Considerably lower yield compared to the other Canadian banks. Not a value play, but hard to argue about how well they are executing. It should be one of the names you own, but if you're looking for a bargain, TD would not be the name.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$73.480
Owned
Yes
COMMENT
COMMENT
November 29, 2018
IBM (IBM-N) vs Microsoft (MSFT-Q) No brainer for him he prefers Microsoft. Microsoft is up 30% YTD, they are doing a lot of things very well. He would buy half Microsoft and half Apple and would leave IBM out of this. Microsoft is not cheap, Apple is cheap, so at least you are getting some value incorporated into the investment.
IBM(IBM-N)
November 29, 2018
IBM (IBM-N) vs Microsoft (MSFT-Q) No brainer for him he prefers Microsoft. Microsoft is up 30% YTD, they are doing a lot of things very well. He would buy half Microsoft and half Apple and would leave IBM out of this. Microsoft is not cheap, Apple is cheap, so at least you are getting some value incorporated into the investment.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$121.480
Owned
Unknown
COMMENT
COMMENT
November 29, 2018
IBM (IBM-N) vs Microsoft (MSFT-Q) No brainer for him he prefers Microsoft. Microsoft is up 30% YTD, they are doing a lot of things very well. He would buy half Microsoft and half Apple and would leave IBM out of this. Microsoft is not cheap, Apple is cheap, so at least you are getting some value incorporated into the investment.
Microsoft(MSFT-Q)
November 29, 2018
IBM (IBM-N) vs Microsoft (MSFT-Q) No brainer for him he prefers Microsoft. Microsoft is up 30% YTD, they are doing a lot of things very well. He would buy half Microsoft and half Apple and would leave IBM out of this. Microsoft is not cheap, Apple is cheap, so at least you are getting some value incorporated into the investment.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$110.190
Owned
Unknown
TOP PICK
TOP PICK
November 29, 2018
Defensive pick. A U.S utility. Fully regulated space which means you have clear transparency on the cash flows of the business. Nice steady stream of income. Still reasonably valued. 3% dividend which for a U.S. name is quite high. Boring name, but he likes the valuation, but most importantly likes the fact that its defensive, and defensive will be a theme going into 2019. (Analysts’ price target is $51.14)
CMS Energy Corp(CMS-N)
November 29, 2018
Defensive pick. A U.S utility. Fully regulated space which means you have clear transparency on the cash flows of the business. Nice steady stream of income. Still reasonably valued. 3% dividend which for a U.S. name is quite high. Boring name, but he likes the valuation, but most importantly likes the fact that its defensive, and defensive will be a theme going into 2019. (Analysts’ price target is $51.14)
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$51.310
Owned
Yes
TOP PICK
TOP PICK
November 29, 2018
Value play. It's been hammered, trading at around 10X future PE, cheap. The market is valuing their HCV business to basically zero, and that's the side of the business that's been hurt with the generics coming out and pushing the prices lower. Their HIV business has been doing pretty well. New CEO coming in, they have $32B in cash and waiting to see how this cash will be spent. Yield 3.3%. (Analysts’ price target is $86.95)
Gilead Sciences Inc.(GILD-Q)
November 29, 2018
Value play. It's been hammered, trading at around 10X future PE, cheap. The market is valuing their HCV business to basically zero, and that's the side of the business that's been hurt with the generics coming out and pushing the prices lower. Their HIV business has been doing pretty well. New CEO coming in, they have $32B in cash and waiting to see how this cash will be spent. Yield 3.3%. (Analysts’ price target is $86.95)
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$69.690
Owned
Yes
TOP PICK
TOP PICK
November 29, 2018
Loves the pure play wireless positioning that Telus has. The more we do on our smartphones, the more we drive data usage and that translates into higher bill and more dollars and average revenue per user going up. Been spending a lot of money with expanding the 4G network and the technology. Feels that some of that capex is softening which is good has dividend growth investors, should see some cash come back to boost the dividend. Like the positioning and the valuation. Yield 4.6%. (Analysts’ price target is $50.77)
Telus Corp(T-T)
November 29, 2018
Loves the pure play wireless positioning that Telus has. The more we do on our smartphones, the more we drive data usage and that translates into higher bill and more dollars and average revenue per user going up. Been spending a lot of money with expanding the 4G network and the technology. Feels that some of that capex is softening which is good has dividend growth investors, should see some cash come back to boost the dividend. Like the positioning and the valuation. Yield 4.6%. (Analysts’ price target is $50.77)
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$47.560
Owned
Yes