Latest Expert Opinions

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
January 23, 2019

(A Top Pick Jan 25/18, Down 33%)  He sold it in April. Trade issues hit this badly. They hiked prices in America because of Trump's tariffs.

(A Top Pick Jan 25/18, Down 33%)  He sold it in April. Trade issues hit this badly. They hiked prices in America because of Trump's tariffs.

Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$0.000
Owned
No
HOLD
HOLD
January 23, 2019
He owns no REITs, though now they're looking attractive with interest rates suddenly not rising fast. They're until retail and industrial space. How confident are you of the Canada economy? Over 6% yield (safe) and it's moved above its 200-day moving average. Okay holding long-term.
He owns no REITs, though now they're looking attractive with interest rates suddenly not rising fast. They're until retail and industrial space. How confident are you of the Canada economy? Over 6% yield (safe) and it's moved above its 200-day moving average. Okay holding long-term.
Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$21.800
Owned
No
COMMENT
COMMENT
January 23, 2019
It's done very well, but its valuation is high at 27X forward earnings with an 11% growth rate. Strong same-store sales and membership renewals (at 90%). Their sales are twice as high as their competitors. Long-term, they must have more of an online presence and service to compete. Also, in the future will millennials buy memberships?
Costco Wholesale(COST-Q)
January 23, 2019
It's done very well, but its valuation is high at 27X forward earnings with an 11% growth rate. Strong same-store sales and membership renewals (at 90%). Their sales are twice as high as their competitors. Long-term, they must have more of an online presence and service to compete. Also, in the future will millennials buy memberships?
Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$212.090
Owned
No
COMMENT
COMMENT
January 23, 2019
Their streaming service coming this year? It's looking more attractive, trending above its 200-day moving average. Cord-cutting worries over are and there's optimism over competing against Netflix. Their Marvel movies are doing well in the cinemas. Question is, how well will their amusement parks do this late in the cycle. Likes it long-term, but doesn't own it now.
Walt Disney(DIS-N)
January 23, 2019
Their streaming service coming this year? It's looking more attractive, trending above its 200-day moving average. Cord-cutting worries over are and there's optimism over competing against Netflix. Their Marvel movies are doing well in the cinemas. Question is, how well will their amusement parks do this late in the cycle. Likes it long-term, but doesn't own it now.
Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$111.120
Owned
No
COMMENT
COMMENT
January 23, 2019
He just sold it because of its high valuation. Long-term, all the credit card companies will benefit from growing acceptance to credit cards globally. He took profits. Short-term, watch for credit costs and an economic slowdown. (Globally, the world still uses more cash than plastic.)
American Express(AXP-N)
January 23, 2019
He just sold it because of its high valuation. Long-term, all the credit card companies will benefit from growing acceptance to credit cards globally. He took profits. Short-term, watch for credit costs and an economic slowdown. (Globally, the world still uses more cash than plastic.)
Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$99.460
Owned
No
WATCH
WATCH
January 23, 2019
He's owned this and it's on his radar. It's moving above its 200-day moving average. Trading at 25x earnings with a 14% growth rate. They're paring back on some stores which has increased margins a little. He likes it.
Starbucks(SBUX-Q)
January 23, 2019
He's owned this and it's on his radar. It's moving above its 200-day moving average. Trading at 25x earnings with a 14% growth rate. They're paring back on some stores which has increased margins a little. He likes it.
Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$66.430
Owned
No
BUY
BUY
January 23, 2019
Trades at 70x forward earnings. Likes it. Online sales will continue to grow. But how fast are they growing their cloud and ad businesses? But it's one of the top FAANG stocks.
Amazon.com(AMZN-Q)
January 23, 2019
Trades at 70x forward earnings. Likes it. Online sales will continue to grow. But how fast are they growing their cloud and ad businesses? But it's one of the top FAANG stocks.
Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$1640.020
Owned
Yes