Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
December 31, 2018
The auto space is challenging. He sold off his car stocks a while ago, because of Uber and Lyft. There's a strong case to be made for Peak Auto. He's never looked back at the car stocks, like BMW (GM, Tata and Daimler). GM's recent plant closing in Oshawa was painful, but correct. The carmakers are facing ride-sharing. Technology disrupts and cars are old technology.
The auto space is challenging. He sold off his car stocks a while ago, because of Uber and Lyft. There's a strong case to be made for Peak Auto. He's never looked back at the car stocks, like BMW (GM, Tata and Daimler). GM's recent plant closing in Oshawa was painful, but correct. The carmakers are facing ride-sharing. Technology disrupts and cars are old technology.
Chris Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$0.000
Owned
No
PAST TOP PICK
PAST TOP PICK
December 31, 2018
(A Top Pick Oct 17/18, Down 18%) It's been a really bad media year for FB. But step back. In a rising rate environment, you want a company with a good balance sheet. FB has $40 billion in cash and no debt; they earn $5 billion net income per quarter and $20 billion annually--in a class of maybe 20 companies in the world. They dominate social media. You're gonna have these tough years. It was up 50% last year and gave back a lot of that this year. Revenue growth is still 40%.
Facebook (FB-Q)
December 31, 2018
(A Top Pick Oct 17/18, Down 18%) It's been a really bad media year for FB. But step back. In a rising rate environment, you want a company with a good balance sheet. FB has $40 billion in cash and no debt; they earn $5 billion net income per quarter and $20 billion annually--in a class of maybe 20 companies in the world. They dominate social media. You're gonna have these tough years. It was up 50% last year and gave back a lot of that this year. Revenue growth is still 40%.
Chris Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$131.090
Owned
Yes
PAST TOP PICK
PAST TOP PICK
December 31, 2018
(A Top Pick Oct 17/18, Down 7%) Growth rate has risen from 30% to 50% a year, but this year it's faced its first tough season. Not doubt that trade tensions and sanctions have impacted their stock price, but the underlying value remains strong. He's happy to own this.
(A Top Pick Oct 17/18, Down 7%) Growth rate has risen from 30% to 50% a year, but this year it's faced its first tough season. Not doubt that trade tensions and sanctions have impacted their stock price, but the underlying value remains strong. He's happy to own this.
Chris Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$137.070
Owned
Yes
PAST TOP PICK
PAST TOP PICK
December 31, 2018
(A Top Pick Oct 17/18, Down 15%) This was a play on the European yield curve. Interest rates will rise in Europe and he'd get a 5% yield. What happened was the complete opposite way, because the ECB has been overly accomodative. ING earns nearly 1 billion euros per quarter, but the stock is declining becuse the yield curve isn't doing anything.
ING Groep NV (ING-N)
December 31, 2018
(A Top Pick Oct 17/18, Down 15%) This was a play on the European yield curve. Interest rates will rise in Europe and he'd get a 5% yield. What happened was the complete opposite way, because the ECB has been overly accomodative. ING earns nearly 1 billion euros per quarter, but the stock is declining becuse the yield curve isn't doing anything.
Chris Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$10.660
Owned
Yes
BUY
BUY
December 31, 2018
Likes this for how they've run the company. They have 5-7% revenue growth; 55% of net income comes out in the dividend. They hike the dividend every January/February--good. Demographics favour a robust US housing market. 40% of U.S. homes are 40+ years, which means they need work. One problem could be Amazon getting distribution for Kenmore (taking away sales from stores like HD).
Home Depot (HD-N)
December 31, 2018
Likes this for how they've run the company. They have 5-7% revenue growth; 55% of net income comes out in the dividend. They hike the dividend every January/February--good. Demographics favour a robust US housing market. 40% of U.S. homes are 40+ years, which means they need work. One problem could be Amazon getting distribution for Kenmore (taking away sales from stores like HD).
Chris Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$171.820
Owned
Yes
COMMENT
COMMENT
December 31, 2018
A super safe company. He used to own it, but doesn't see upside in it now. There's little money made in hardware, but much more in software. Cisco is a hardware platform. But CSCO is very strong, but beware of lack of growth in the future.
Cisco (CSCO-Q)
December 31, 2018
A super safe company. He used to own it, but doesn't see upside in it now. There's little money made in hardware, but much more in software. Cisco is a hardware platform. But CSCO is very strong, but beware of lack of growth in the future.
Chris Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$43.330
Owned
No
DON'T BUY
DON'T BUY
December 31, 2018
vs. Wells Fargo Used to own it, but they kept stepping on their own toes. He shifted that money to US banks (not Wells Fargo). HSBC tried to shrink to grow, but that strategy didn't work. WF you have to look at with a longer time horizon. Even a Canadian or another US bank is better to own.
vs. Wells Fargo Used to own it, but they kept stepping on their own toes. He shifted that money to US banks (not Wells Fargo). HSBC tried to shrink to grow, but that strategy didn't work. WF you have to look at with a longer time horizon. Even a Canadian or another US bank is better to own.
Chris Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$41.110
Owned
Unknown