Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
December 13, 2018
There is still lots of room for penetration in the credit card space in terms of the consumer not using cash but using plastic. You have to look at it long term. He feels there is still more upside. It's up 30% this year. V-N has a larger market share and has not had the same year as MA-T. You could say you are buying V-N at a slightly less rich a valuation. You will do fine on both long term. He does not own V-N because the dividend is less than 1%.
Mastercard Inc.(MA-N)
December 13, 2018
There is still lots of room for penetration in the credit card space in terms of the consumer not using cash but using plastic. You have to look at it long term. He feels there is still more upside. It's up 30% this year. V-N has a larger market share and has not had the same year as MA-T. You could say you are buying V-N at a slightly less rich a valuation. You will do fine on both long term. He does not own V-N because the dividend is less than 1%.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$198.960
Owned
Unknown
BUY
BUY
December 13, 2018
This is a portfolio anchor type of company. It is defensive and pays a great dividend for a US equity. If you want to make a bet on Pharma you would not use this one because there are two other businesses in there. These other two businesses give it some diversification. It is a good long term play.
Johnson & Johnson(JNJ-N)
December 13, 2018
This is a portfolio anchor type of company. It is defensive and pays a great dividend for a US equity. If you want to make a bet on Pharma you would not use this one because there are two other businesses in there. These other two businesses give it some diversification. It is a good long term play.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$147.840
Owned
No
DON'T BUY
DON'T BUY
December 13, 2018
It is not one he owns or sees a lot of opportunity in. Most investors stop doing due diligence after they see the dividend yield. You lose more on the back end than you make on the dividend. We need more pipelines to be built for them to grow their top line. He stays away because he cannot see where future growth comes from.
Enbridge(ENB-T)
December 13, 2018
It is not one he owns or sees a lot of opportunity in. Most investors stop doing due diligence after they see the dividend yield. You lose more on the back end than you make on the dividend. We need more pipelines to be built for them to grow their top line. He stays away because he cannot see where future growth comes from.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$43.110
Owned
Unknown
BUY
BUY
December 13, 2018
It is a portfolio anchor. They consistently raise the dividend. They have first mover advantage in terms of going into the US. They were quite successful. He invests 20% in financials. The dividends are safe. There has been a pull back in TD-T. Longer term you will do fine with this name. Don't be enthusiastic about over-weighting the name just because it pulled back. There will be volatility in the short term. There are other Canadian banks with higher yields.
Toronto Dominion(TD-T)
December 13, 2018
It is a portfolio anchor. They consistently raise the dividend. They have first mover advantage in terms of going into the US. They were quite successful. He invests 20% in financials. The dividends are safe. There has been a pull back in TD-T. Longer term you will do fine with this name. Don't be enthusiastic about over-weighting the name just because it pulled back. There will be volatility in the short term. There are other Canadian banks with higher yields.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$69.720
Owned
Unknown
DON'T BUY
DON'T BUY
December 13, 2018
It is not that much chapter than TD-T but he seems more risk because they are so Canadian-centric. All the growth in Canadian banks will come from the US. He does not see anything specifically wrong with this one, however.
It is not that much chapter than TD-T but he seems more risk because they are so Canadian-centric. All the growth in Canadian banks will come from the US. He does not see anything specifically wrong with this one, however.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$58.670
Owned
Unknown
BUY
BUY
December 13, 2018
It has been a rough ride over the last year, down over 40%. It has run up and then missed on earnings. It is a recession proof business. He is a buyer at these levels. It's an entry point.
It has been a rough ride over the last year, down over 40%. It has run up and then missed on earnings. It is a recession proof business. He is a buyer at these levels. It's an entry point.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$34.970
Owned
Yes
PARTIAL BUY
PARTIAL BUY
December 13, 2018
He likes this name. You get a reasonable dividend. It had a great year. It makes him hit the pause button and be more patient before buying more. He would step in with a half position and be patient with the other half.
He likes this name. You get a reasonable dividend. It had a great year. It makes him hit the pause button and be more patient before buying more. He would step in with a half position and be patient with the other half.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$38.960
Owned
Yes