Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
January 22, 2019
Will it break out of the trading range of $5.50-7.70? You're buying Prem Watsa when you buy this. Prem has done some brilliant things, and other things that weren't. He's not Warren Buffett, though. He's not attracted to the underlying businesses.
Fairfax Financial (FFH-T)
January 22, 2019
Will it break out of the trading range of $5.50-7.70? You're buying Prem Watsa when you buy this. Prem has done some brilliant things, and other things that weren't. He's not Warren Buffett, though. He's not attracted to the underlying businesses.
David Baskin
President, Baskin Wealth Management
Price
$619.500
Owned
No
BUY
BUY
January 22, 2019
It's gone through one of the biggest cycles from love to hate in a very short time. But social media is not going away, and Facebook commands a huge slice of online advertising. If users leave Facebook, where do they go? Probably to an app that Facebook owns, like Instagram. You see the same ads. FB is heavily oversold and has enormous priving power with advertisers. It dominates.
Facebook (FB-Q)
January 22, 2019
It's gone through one of the biggest cycles from love to hate in a very short time. But social media is not going away, and Facebook commands a huge slice of online advertising. If users leave Facebook, where do they go? Probably to an app that Facebook owns, like Instagram. You see the same ads. FB is heavily oversold and has enormous priving power with advertisers. It dominates.
David Baskin
President, Baskin Wealth Management
Price
$147.570
Owned
Yes
DON'T BUY
DON'T BUY
January 22, 2019
Oil was down today, and so did CNQ. They won't run out of their product, oil, but they're at the mercy of the price of oil which they can't control. He owns zero Canadian energy.
Oil was down today, and so did CNQ. They won't run out of their product, oil, but they're at the mercy of the price of oil which they can't control. He owns zero Canadian energy.
David Baskin
President, Baskin Wealth Management
Price
$34.340
Owned
No
COMMENT
COMMENT
January 22, 2019
He sold GM for better opportunities. He expects them to be a force in e-cars, starting to release them in 2020, perhaps. GM should get e-cars right and become a fierce competitor in this space. Trades at a low multiple, 6x forward earnings. 3.98% yield.
He sold GM for better opportunities. He expects them to be a force in e-cars, starting to release them in 2020, perhaps. GM should get e-cars right and become a fierce competitor in this space. Trades at a low multiple, 6x forward earnings. 3.98% yield.
David Baskin
President, Baskin Wealth Management
Price
$38.150
Owned
No
BUY
BUY
January 22, 2019
They just reported solid earnings, though the stock was down today a bit. Has a wide product range sold in 200 countries. Solid and diversified. They raise their dividend every year and it rise again.
Johnson & Johnson (JNJ-N)
January 22, 2019
They just reported solid earnings, though the stock was down today a bit. Has a wide product range sold in 200 countries. Solid and diversified. They raise their dividend every year and it rise again.
David Baskin
President, Baskin Wealth Management
Price
$128.800
Owned
Unknown
COMMENT
COMMENT
January 22, 2019
He bought it after the elder Desmarais died, expecting a catalyst to revitalize the company. Wrong! The sons have failed. The dividend is huge because people keep selling the stock because nothing is happening. Nobody likes Investors Group that POW own, because of robo advisors and ETFs creaming off parts of their business. Lifecos aren't making a lot of money. That said, POW is trading at 65% NAV, instead of the normal 85%, so you could get a 20% kick on this stock.
Power Corp (POW-T)
January 22, 2019
He bought it after the elder Desmarais died, expecting a catalyst to revitalize the company. Wrong! The sons have failed. The dividend is huge because people keep selling the stock because nothing is happening. Nobody likes Investors Group that POW own, because of robo advisors and ETFs creaming off parts of their business. Lifecos aren't making a lot of money. That said, POW is trading at 65% NAV, instead of the normal 85%, so you could get a 20% kick on this stock.
David Baskin
President, Baskin Wealth Management
Price
$25.840
Owned
Yes
DON'T BUY
DON'T BUY
January 22, 2019
He sold it too late. They made a horrible acquisition in southeast Asia. A disaster that they haven't recovered from.
High Liner Foods (HLF-T)
January 22, 2019
He sold it too late. They made a horrible acquisition in southeast Asia. A disaster that they haven't recovered from.
David Baskin
President, Baskin Wealth Management
Price
$7.400
Owned
No