Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
December 7, 2018
TD-T vs US Banks – All the Canadian bank shares have been weak. Technically, he sees support around $68. As with the US banks, they are generally cheaper, but he has not had any good result in purchasing them. He thinks this is a signal the market is just not interested in this sector. He is a firm believer the Canadian banks are of higher quality and earnings are consistent.
Show full opinionHide full opinion
Toronto Dominion (TD-T)
December 7, 2018
TD-T vs US Banks – All the Canadian bank shares have been weak. Technically, he sees support around $68. As with the US banks, they are generally cheaper, but he has not had any good result in purchasing them. He thinks this is a signal the market is just not interested in this sector. He is a firm believer the Canadian banks are of higher quality and earnings are consistent.
COMMENT
COMMENT
December 7, 2018
Bank of America vs Citigroup – Both of these have earnings forecasts that are growing compared to the rest of the US bank sector that looks weak. He thinks both are excellent value and are good buys currently. He wishes the US banks would stop buying back shares and pay out dividends instead – like the Canadian banks. He thinks this might require regulatory support first.
Show full opinionHide full opinion
Bank of America (BAC-N)
December 7, 2018
Bank of America vs Citigroup – Both of these have earnings forecasts that are growing compared to the rest of the US bank sector that looks weak. He thinks both are excellent value and are good buys currently. He wishes the US banks would stop buying back shares and pay out dividends instead – like the Canadian banks. He thinks this might require regulatory support first.
COMMENT
COMMENT
December 7, 2018
Bank of America vs Citigroup – Both of these have earnings forecasts that are growing compared to the rest of the US bank sector that looks weak. He thinks both are excellent value and are good buys currently. He wishes the US banks would stop buying back shares and pay out dividends instead – like the Canadian banks. He thinks this might require regulatory support first.
Show full opinionHide full opinion
Citigroup Inc. (C-N)
December 7, 2018
Bank of America vs Citigroup – Both of these have earnings forecasts that are growing compared to the rest of the US bank sector that looks weak. He thinks both are excellent value and are good buys currently. He wishes the US banks would stop buying back shares and pay out dividends instead – like the Canadian banks. He thinks this might require regulatory support first.
DON'T BUY
DON'T BUY
December 7, 2018
He has been waiting for improvements and the earnings have still not improved. Technically it has failed support and now he looks for $9 soon.
Show full opinionHide full opinion
BlackBerry (BB-T)
December 7, 2018
He has been waiting for improvements and the earnings have still not improved. Technically it has failed support and now he looks for $9 soon.
SELL
SELL
December 7, 2018
From a valuation perspective he does not like this stock today. On a price to book of 56 times, it is extremely expensive. He sees the fair market value near $200. He feels they bought back shares trashing the balance sheet in the late innings of the cycle. This sector typically faces the most gruesome moves down when the cycle ends.
Show full opinionHide full opinion
Boeing (BA-N)
December 7, 2018
From a valuation perspective he does not like this stock today. On a price to book of 56 times, it is extremely expensive. He sees the fair market value near $200. He feels they bought back shares trashing the balance sheet in the late innings of the cycle. This sector typically faces the most gruesome moves down when the cycle ends.
BUY WEAKNESS
BUY WEAKNESS
December 7, 2018
He likes to see dividends be paid out of earnings and not funny accounting means. This company is not paying out of earnings and this will damage the balance sheet. He sees the recent move below $34 as a technical signal of further weakness to come and he might become interested when it trades at $24.
Show full opinionHide full opinion
He likes to see dividends be paid out of earnings and not funny accounting means. This company is not paying out of earnings and this will damage the balance sheet. He sees the recent move below $34 as a technical signal of further weakness to come and he might become interested when it trades at $24.
BUY
BUY
December 7, 2018
Canadian utilities tend to bottom as markets are peaking. He thinks this is a signal that investors are looking for safer havens. These will be attractive for 2019.
Show full opinionHide full opinion
Emera Inc (EMA-T)
December 7, 2018
Canadian utilities tend to bottom as markets are peaking. He thinks this is a signal that investors are looking for safer havens. These will be attractive for 2019.