Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
December 21, 2018
He is not an expert in cannabis. There will be real industry going forward and some companies will prosper in the long term. The valuations still remain excessive. If he were to participate it would be with Canopy Growth as they have a connection with Constellation Brands in the US.
He is not an expert in cannabis. There will be real industry going forward and some companies will prosper in the long term. The valuations still remain excessive. If he were to participate it would be with Canopy Growth as they have a connection with Constellation Brands in the US.
Don Lato
President, Padlock Investment Management
Price
$36.000
Owned
No
DON'T BUY
DON'T BUY
December 21, 2018
His longer term concern is that as a royalty, their cash flow will be declining with reduced exploration. Until there is better clarification on pipeline issues, he is luke-warm on the Canadian energy sector. He believes the monthly dividend is fairly secure, but worries about it longer term. Yield 7.9%
Freehold Royalties (FRU-T)
December 21, 2018
His longer term concern is that as a royalty, their cash flow will be declining with reduced exploration. Until there is better clarification on pipeline issues, he is luke-warm on the Canadian energy sector. He believes the monthly dividend is fairly secure, but worries about it longer term. Yield 7.9%
Don Lato
President, Padlock Investment Management
Price
$7.970
Owned
No
DON'T BUY
DON'T BUY
December 21, 2018
This is a wonderful company, but the valuation has always been to high for him to buy. The price has fallen as the company announced an offering as the market questioned the needs for the funds. He would suggest taking some tax-loss selling and re-position next year.
Shopify Inc. (SHOP-T)
December 21, 2018
This is a wonderful company, but the valuation has always been to high for him to buy. The price has fallen as the company announced an offering as the market questioned the needs for the funds. He would suggest taking some tax-loss selling and re-position next year.
Don Lato
President, Padlock Investment Management
Price
$166.390
Owned
No
BUY
BUY
December 21, 2018
Visa vs Mastercard? He has held both for many years. At current values, Visa is a great value trading at 20 times earnings -- as cheap as he has seen in a while. He is surprised Visa is trading at a discount to Mastercard -- not typically the case. Long term growth of e-trade is expanding worldwide and there is a long runway for both. He would buy it here. (Analysts’ price target is $162.00)
Visa Inc. (V-N)
December 21, 2018
Visa vs Mastercard? He has held both for many years. At current values, Visa is a great value trading at 20 times earnings -- as cheap as he has seen in a while. He is surprised Visa is trading at a discount to Mastercard -- not typically the case. Long term growth of e-trade is expanding worldwide and there is a long runway for both. He would buy it here. (Analysts’ price target is $162.00)
Don Lato
President, Padlock Investment Management
Price
$124.260
Owned
Yes
STRONG BUY
STRONG BUY
December 21, 2018
This is a great entry point. A play on the US single-family real estate market. They earn profits on their own property and management fees on the properties they manage. It trades at under 10 times earnings and pays a US dollar dividend.
This is a great entry point. A play on the US single-family real estate market. They earn profits on their own property and management fees on the properties they manage. It trades at under 10 times earnings and pays a US dollar dividend.
Don Lato
President, Padlock Investment Management
Price
$9.580
Owned
Unknown
TOP PICK
TOP PICK
December 21, 2018
Any bids they received on assets for sale were rejected this week by the company. They felt the market was not showing strong enough bids -- primarily with oil prices trading a depressed levels currently. The company is undertaking a bid for 10% of their float of stock, which is nicely impacting the share price. Trading at less than 2.7 times next year's cash flow, which is also growing by 20%. Their production is priced on Brent oil prices. A table pounding buy. Yield 0% (Analysts’ price target is $29.11)
Any bids they received on assets for sale were rejected this week by the company. They felt the market was not showing strong enough bids -- primarily with oil prices trading a depressed levels currently. The company is undertaking a bid for 10% of their float of stock, which is nicely impacting the share price. Trading at less than 2.7 times next year's cash flow, which is also growing by 20%. Their production is priced on Brent oil prices. A table pounding buy. Yield 0% (Analysts’ price target is $29.11)
Don Lato
President, Padlock Investment Management
Price
$15.100
Owned
Yes
TOP PICK
TOP PICK
December 21, 2018
A fin-tech company that had its IPO in May. It has traded as a dog since then. Their recent earnings guidance was a bit below analyst estimates, which has hurt the share price. It has collapsed to 13 times earnings. The company has developed a portal where customers can apply for loans instantly for home repairs from several vendors -- including major banks. They have expanded their offerings into loans for elective surgery. The company continues to expect 20% earnings growth. He has averaged down on his holdings. He sees the next earnings report on February 5 being key. Yield 0%. (Analysts’ price target is $11.61)
Greensky Inc. (GSKY-N)
December 21, 2018
A fin-tech company that had its IPO in May. It has traded as a dog since then. Their recent earnings guidance was a bit below analyst estimates, which has hurt the share price. It has collapsed to 13 times earnings. The company has developed a portal where customers can apply for loans instantly for home repairs from several vendors -- including major banks. They have expanded their offerings into loans for elective surgery. The company continues to expect 20% earnings growth. He has averaged down on his holdings. He sees the next earnings report on February 5 being key. Yield 0%. (Analysts’ price target is $11.61)
Don Lato
President, Padlock Investment Management
Price
$0.000
Owned
Yes