Latest Expert Opinions

Signal
Opinion
Expert
WAIT
WAIT
November 30, 2018
Good entry point or wait? Stock used to be at the bottom of the heap, and then they did some very good things and has come back. No problem with the dividend, the quarter was an anomaly. You might want to wait before putting money in. He has great faith in the Canadian banks and how they operate worldwide. Yield is 4.9%.
Good entry point or wait? Stock used to be at the bottom of the heap, and then they did some very good things and has come back. No problem with the dividend, the quarter was an anomaly. You might want to wait before putting money in. He has great faith in the Canadian banks and how they operate worldwide. Yield is 4.9%.
David Cockfield
Managing Director, Northland Wealth Management
Price
$111.500
Owned
No
DON'T BUY
DON'T BUY
November 30, 2018
Looked at it, but the Canadian banks looked better. Get the BMO Canadian bank ETF instead. Be cautious about jumping into the US banking side. Canadian dollar could perk up and that would offset any advantage to being in the US. He'd rather stay in his own backyard that he knows. Canadian banks are superior in a lot of ways to virtually all the US banks.
Looked at it, but the Canadian banks looked better. Get the BMO Canadian bank ETF instead. Be cautious about jumping into the US banking side. Canadian dollar could perk up and that would offset any advantage to being in the US. He'd rather stay in his own backyard that he knows. Canadian banks are superior in a lot of ways to virtually all the US banks.
David Cockfield
Managing Director, Northland Wealth Management
Price
$27.050
Owned
Unknown
DON'T BUY
DON'T BUY
November 30, 2018
Disappointing. Mutual fund sector is being blown out of the water by ETFs because of the fee structure. Basic income flow is going to be a problem in the near future. They won't go out of business, but he doesn't see the market performance or the yield improving. Yield is 5.8%.
Power Corp(POW-T)
November 30, 2018
Disappointing. Mutual fund sector is being blown out of the water by ETFs because of the fee structure. Basic income flow is going to be a problem in the near future. They won't go out of business, but he doesn't see the market performance or the yield improving. Yield is 5.8%.
David Cockfield
Managing Director, Northland Wealth Management
Price
$26.500
Owned
No
SELL
SELL
November 30, 2018
Neutral on gold these days. You invest when inflation rears its head as with some of these tariffs, but in the meantime, these stocks aren't going anywhere. Margins are being squeezed, and its debt has grown so that it's a cause for concern. Don't buy into commodity stocks right now, until we see global improvement, especially with China. Risk is too high. If you hold it, put your money somewhere else.
Yamana Gold Inc.(YRI-T)
November 30, 2018
Neutral on gold these days. You invest when inflation rears its head as with some of these tariffs, but in the meantime, these stocks aren't going anywhere. Margins are being squeezed, and its debt has grown so that it's a cause for concern. Don't buy into commodity stocks right now, until we see global improvement, especially with China. Risk is too high. If you hold it, put your money somewhere else.
David Cockfield
Managing Director, Northland Wealth Management
Price
$2.770
Owned
No
BUY
BUY
November 30, 2018
Dropped off the radar. In the consumer sector, which it's dominated. Stock's been going sideways, but recently it's breaking out. So it looks interesting from that standpoint. This is a safe sector, and Gildan does an excellent job. Yield is 1.4%.
Dropped off the radar. In the consumer sector, which it's dominated. Stock's been going sideways, but recently it's breaking out. So it looks interesting from that standpoint. This is a safe sector, and Gildan does an excellent job. Yield is 1.4%.
David Cockfield
Managing Director, Northland Wealth Management
Price
$43.650
Owned
Unknown
TOP PICK
TOP PICK
November 30, 2018
This bank has the skills to operate in growth areas like the Caribbean and Central America that are superior to most of North America. NAFTA is going to be positive for Mexico, where BNS is the second largest bank. Recently got out of problem areas in Caribbean. Expanded into South America, and management has lots of experience. Stock is extremely cheap, so it's the best buy right now. Yield is 4.7%. (Analysts’ price target is $82.54)
Bank of Nova Scotia(BNS-T)
November 30, 2018
This bank has the skills to operate in growth areas like the Caribbean and Central America that are superior to most of North America. NAFTA is going to be positive for Mexico, where BNS is the second largest bank. Recently got out of problem areas in Caribbean. Expanded into South America, and management has lots of experience. Stock is extremely cheap, so it's the best buy right now. Yield is 4.7%. (Analysts’ price target is $82.54)
David Cockfield
Managing Director, Northland Wealth Management
Price
$72.300
Owned
Yes
TOP PICK
TOP PICK
November 30, 2018
Provides safe, regular cash flow. A package of diversified utilities, with dividends that you can depend on, and the covered call provides additional income. The cost of the ETF is quite low.
Provides safe, regular cash flow. A package of diversified utilities, with dividends that you can depend on, and the covered call provides additional income. The cost of the ETF is quite low.
David Cockfield
Managing Director, Northland Wealth Management
Price
$12.810
Owned
Yes