Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
December 10, 2018
They've disappointed investors. Before, you bought a good utility with this, but then they spun it off with a lot of leverage. Some may question if the dividend is sustainable. He doesn't think it'll be immediately cut, but be careful with this one. Other utilities are safer.
Altagas Ltd (ALA-T)
December 10, 2018
They've disappointed investors. Before, you bought a good utility with this, but then they spun it off with a lot of leverage. Some may question if the dividend is sustainable. He doesn't think it'll be immediately cut, but be careful with this one. Other utilities are safer.
Michael Sprung
President, Sprung Investment Management
Price
$13.740
Owned
Unknown
COMMENT
COMMENT
December 10, 2018
The energy sector has had its problems, including Baytex. They have very good properties, but margins are thin given the oil price. For energy as a whole, you'll have to wait a long time to find value.
Baytex Energy Corp (BTE-T)
December 10, 2018
The energy sector has had its problems, including Baytex. They have very good properties, but margins are thin given the oil price. For energy as a whole, you'll have to wait a long time to find value.
Michael Sprung
President, Sprung Investment Management
Price
$2.310
Owned
Unknown
BUY
BUY
December 10, 2018
Likes it; one of the better companies in this space. They have the contracted cash flow going further to pay their dividend and finance growth. The sector has too much oil and not enough pipelines
Inter Pipeline (IPL-T)
December 10, 2018
Likes it; one of the better companies in this space. They have the contracted cash flow going further to pay their dividend and finance growth. The sector has too much oil and not enough pipelines
Michael Sprung
President, Sprung Investment Management
Price
$20.500
Owned
Unknown
BUY
BUY
December 10, 2018
It's done well recently. If there's a correction, this'll be a good place to be, with its dividend. If you own, hold. If you don't, look into it.
BCE Inc. (BCE-T)
December 10, 2018
It's done well recently. If there's a correction, this'll be a good place to be, with its dividend. If you own, hold. If you don't, look into it.
Michael Sprung
President, Sprung Investment Management
Price
$56.710
Owned
Yes
COMMENT
COMMENT
December 10, 2018
Usually in rough markets, there's a flight to gold, but that's not happening now. Goldcorp is one of the few in this sector he owns. It's a lower-cost producer with future growth. He holds only 3% gold.
Goldcorp Inc (G-T)
December 10, 2018
Usually in rough markets, there's a flight to gold, but that's not happening now. Goldcorp is one of the few in this sector he owns. It's a lower-cost producer with future growth. He holds only 3% gold.
Michael Sprung
President, Sprung Investment Management
Price
$12.880
Owned
Yes
BUY
BUY
December 10, 2018
Is Quebec a dangerous place to invest? National Bank is worth considering, which he doesn't own. But he owns CAE, very well-managed over the decades. They don't depend on the Quebec government. It's diversified very well. A solid hold for him.
CAE Inc (CAE-T)
December 10, 2018
Is Quebec a dangerous place to invest? National Bank is worth considering, which he doesn't own. But he owns CAE, very well-managed over the decades. They don't depend on the Quebec government. It's diversified very well. A solid hold for him.
Michael Sprung
President, Sprung Investment Management
Price
$25.790
Owned
Yes
PAST TOP PICK
PAST TOP PICK
December 10, 2018
(A Top Pick Oct 25/17, Down 6%) Still likes it. (Though, he prefers Manulife now with a lower multiple.) SLF is a good buy today than when he picked it. Lifecos will do well as interest rates rise.
(A Top Pick Oct 25/17, Down 6%) Still likes it. (Though, he prefers Manulife now with a lower multiple.) SLF is a good buy today than when he picked it. Lifecos will do well as interest rates rise.
Michael Sprung
President, Sprung Investment Management
Price
$45.410
Owned
Yes