Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
December 4, 2018
Sold it 18 months ago, because there weren't enough pipelines to take away natural gas in western Canada, just like the oil problem. Also, nat. gas production in U.S. can be shipped closer to U.S. destinations instead of shipping it from western Canada. There's no easy solution to this. We won't get an L&G terminal in BC in 2023, though it's a glimmer of hope.
Arc Resources Ltd(ARX-T)
December 4, 2018
Sold it 18 months ago, because there weren't enough pipelines to take away natural gas in western Canada, just like the oil problem. Also, nat. gas production in U.S. can be shipped closer to U.S. destinations instead of shipping it from western Canada. There's no easy solution to this. We won't get an L&G terminal in BC in 2023, though it's a glimmer of hope.
Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$8.800
Owned
No
DON'T BUY
DON'T BUY
December 4, 2018
The dividend isn't sustainable, now at 15%. The market has already priced in a dividend cut. He sold his shares in 2016. They blew their brains out on the WGL purchase, then the CEO left. Tax-loss selling is kicking in. But don't sell it now. A new CEO starts at Dec. 13 who may cut the dividend, and ALA may benefit from the January effect. But long-term, don't own this.
Altagas Ltd(ALA-T)
December 4, 2018
The dividend isn't sustainable, now at 15%. The market has already priced in a dividend cut. He sold his shares in 2016. They blew their brains out on the WGL purchase, then the CEO left. Tax-loss selling is kicking in. But don't sell it now. A new CEO starts at Dec. 13 who may cut the dividend, and ALA may benefit from the January effect. But long-term, don't own this.
Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$14.300
Owned
No
WATCH
WATCH
December 4, 2018
Respects the brand and managers. He feels that managers will correct relations with franchisees. And QSR will make more acquisitions. He's watching this, but not ready to buy yet.
Respects the brand and managers. He feels that managers will correct relations with franchisees. And QSR will make more acquisitions. He's watching this, but not ready to buy yet.
Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$74.670
Owned
No
TOP PICK
TOP PICK
December 4, 2018
A core holding. RY is the dominant Canadian bank (commercial and personal) and has the premier wealth management franchise. Insurance and investor/treasury services business nicely round out their operations. They're also nicely diversified by geography, such as the U.S. A leader in e-banking and an emerging leader in A.I. They can build a sustainable, competitive advantage with their large scale of operations. They can sustain their 4% dividend and 7% increase. (Analysts’ price target is $110.48)
Royal Bank(RY-T)
December 4, 2018
A core holding. RY is the dominant Canadian bank (commercial and personal) and has the premier wealth management franchise. Insurance and investor/treasury services business nicely round out their operations. They're also nicely diversified by geography, such as the U.S. A leader in e-banking and an emerging leader in A.I. They can build a sustainable, competitive advantage with their large scale of operations. They can sustain their 4% dividend and 7% increase. (Analysts’ price target is $110.48)
Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$96.710
Owned
Yes
TOP PICK
TOP PICK
December 4, 2018
A stable business, the largest convenience store operating in North American, with further outlets in Europe. Their strategy is to price sharply on oil to draw traffic, then lure those customers to buy items like soft drinks and cigarettes where the gross margin is 3-5x higher than gas. Boasts good organic growth with a history of purchases--more to come in Asia which should catapult them past 7-11. (Analysts’ price target is $79.33)
A stable business, the largest convenience store operating in North American, with further outlets in Europe. Their strategy is to price sharply on oil to draw traffic, then lure those customers to buy items like soft drinks and cigarettes where the gross margin is 3-5x higher than gas. Boasts good organic growth with a history of purchases--more to come in Asia which should catapult them past 7-11. (Analysts’ price target is $79.33)
Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$68.960
Owned
Yes
TOP PICK
TOP PICK
December 4, 2018
Canada's largest integrated oil company, including long-running assets in the Oil Sands. It's one of the few oil producers he owns. Suncor is insulated from WCS price drops. They own four refineries and 1,750 gas stations. (Analysts’ price target is $59.48)
Suncor Energy Inc(SU-T)
December 4, 2018
Canada's largest integrated oil company, including long-running assets in the Oil Sands. It's one of the few oil producers he owns. Suncor is insulated from WCS price drops. They own four refineries and 1,750 gas stations. (Analysts’ price target is $59.48)
Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$42.610
Owned
Yes
COMMENT
COMMENT
December 4, 2018
A problem with low-vol ETFs is that people want this at once, which drives the prices up. That said, they are normally a good way to go, but watch the price.
A problem with low-vol ETFs is that people want this at once, which drives the prices up. That said, they are normally a good way to go, but watch the price.
John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$30.120
Owned
Unknown