Latest Expert Opinions

Signal
Opinion
Expert
SPECULATIVE BUY
SPECULATIVE BUY
December 19, 2018
Tough place. Balance sheet keep improving but the yardstick keeps moving. Exceptionally cheap. Not the highest quality name in the space. But it is way oversold.
Tough place. Balance sheet keep improving but the yardstick keeps moving. Exceptionally cheap. Not the highest quality name in the space. But it is way oversold.
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$4.180
Owned
Unknown
BUY
BUY
December 19, 2018

The fact that the Fed insreased rates today should increase banks´ margins. The banks are exceptionally cheap with still very good growth rates. With a longer term view this is a cheap position.

The fact that the Fed insreased rates today should increase banks´ margins. The banks are exceptionally cheap with still very good growth rates. With a longer term view this is a cheap position.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$23.240
Owned
Unknown
BUY
BUY
December 19, 2018
63% and declining payout ratio. Distribution is safe. Q3 was decent. Rising occupancy. They see NOI of $3 which translates into an AFFO growth of 7%. Quality name. Fine to own. Good to add when the waterfall stops. Other things are less expensive.
63% and declining payout ratio. Distribution is safe. Q3 was decent. Rising occupancy. They see NOI of $3 which translates into an AFFO growth of 7%. Quality name. Fine to own. Good to add when the waterfall stops. Other things are less expensive.
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$13.960
Owned
Unknown
COMMENT
COMMENT
December 19, 2018
They missed on Q3. Trading at an attractive valuation. They are modeling a 11% growth. Good dividend and pretty safe. He likes it here but other names are more attractive at this time. They are doing a good job at adding revenue streams.
Cineplex Inc (CGX-T)
December 19, 2018
They missed on Q3. Trading at an attractive valuation. They are modeling a 11% growth. Good dividend and pretty safe. He likes it here but other names are more attractive at this time. They are doing a good job at adding revenue streams.
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$24.540
Owned
Unknown
BUY
BUY
December 19, 2018
It is a risky name. They have dramatically improved their balance sheet. An asymmetric bet in terms that a lot of potential upside if there is no recession and they execute and not much downside if there is a recession.
It is a risky name. They have dramatically improved their balance sheet. An asymmetric bet in terms that a lot of potential upside if there is no recession and they execute and not much downside if there is a recession.
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$1.870
Owned
Unknown
TOP PICK
TOP PICK
December 19, 2018
Good place to seek shelter from the storm. All in he is modeling 19% AFFO growth. 90% of their debts are fixed. Nice distribution with a safe payout ratio. Visible AFFO growth. (Analysts’ price target is $59.01)
Good place to seek shelter from the storm. All in he is modeling 19% AFFO growth. 90% of their debts are fixed. Nice distribution with a safe payout ratio. Visible AFFO growth. (Analysts’ price target is $59.01)
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$46.570
Owned
Yes
TOP PICK
TOP PICK
December 19, 2018

Quality name that has gone on sale. Q3 was very strong with improvising efficiencies. They are doing a buy back. Modeling 16% growth with a name trading at 14 times 2019 earnings. If the economy is fine, which it is their base case, this is a name you want to be buying now. (Analysts’ price target is $312.47)

Quality name that has gone on sale. Q3 was very strong with improvising efficiencies. They are doing a buy back. Modeling 16% growth with a name trading at 14 times 2019 earnings. If the economy is fine, which it is their base case, this is a name you want to be buying now. (Analysts’ price target is $312.47)

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$242.260
Owned
Yes