Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
January 25, 2019
The founding families completely sold their shares, so SJ had a rough 2018. But this year could be a growth year. But this can be a cyclical business--replacing train tracks. They should grow revenues 3-5% a year and make further acquisitions. Expects dividend growth. Very undervalued.
Stella-Jones Inc. (SJ-T)
January 25, 2019
The founding families completely sold their shares, so SJ had a rough 2018. But this year could be a growth year. But this can be a cyclical business--replacing train tracks. They should grow revenues 3-5% a year and make further acquisitions. Expects dividend growth. Very undervalued.
Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$41.990
Owned
Unknown
BUY
BUY
January 25, 2019
He loves Canadian banks and TD is his largest holding. Buy one bank and hold onto it for dear life. Forget constant worries about mortgages, housing, etc. The banks keep putting the puck in the net. He expects 8-10% earnings growth and dividend increases this year by them.
Toronto Dominion (TD-T)
January 25, 2019
He loves Canadian banks and TD is his largest holding. Buy one bank and hold onto it for dear life. Forget constant worries about mortgages, housing, etc. The banks keep putting the puck in the net. He expects 8-10% earnings growth and dividend increases this year by them.
Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$72.920
Owned
Yes
DON'T BUY
DON'T BUY
January 25, 2019
Will it return to $28 within 12 months? He sold it in 2011 and hasn't returned. MFC never fully recovered from the Great Recession. What is their competitive advantage or moat? He prefer Power Corp among Canadian insurers and dividend payers. He avoid this sector, really.
Manulife Financial (MFC-T)
January 25, 2019
Will it return to $28 within 12 months? He sold it in 2011 and hasn't returned. MFC never fully recovered from the Great Recession. What is their competitive advantage or moat? He prefer Power Corp among Canadian insurers and dividend payers. He avoid this sector, really.
Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$20.860
Owned
No
DON'T BUY
DON'T BUY
January 25, 2019
He hasn't studied this in a while. The US telcos don't tempt him. They've acquired a lot of entertainment platforms, then paid them off. Bad balance sheet. He prefers Canadian telcos like Rogers who have de-levered a lot. Don't buy a stock only for its dividend.
A T & T US (T-N)
January 25, 2019
He hasn't studied this in a while. The US telcos don't tempt him. They've acquired a lot of entertainment platforms, then paid them off. Bad balance sheet. He prefers Canadian telcos like Rogers who have de-levered a lot. Don't buy a stock only for its dividend.
Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$30.660
Owned
No
COMMENT
COMMENT
January 25, 2019
He owns a lot of their debt. But he'd rather invest in Warren Buffet than Prem Watsa. WB is a better buyer/investor overall.
Fairfax Financial (FFH-T)
January 25, 2019
He owns a lot of their debt. But he'd rather invest in Warren Buffet than Prem Watsa. WB is a better buyer/investor overall.
Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$621.970
Owned
Unknown
COMMENT
COMMENT
January 25, 2019
Amazon is threatending to open convenience stores; but no business is immunse to Amazon. It was dumb of him to pass on ATD when it was cheaper. Smart capital allocators who constantly grow shareholder value. He needs to look into ATD closer.
Amazon is threatending to open convenience stores; but no business is immunse to Amazon. It was dumb of him to pass on ATD when it was cheaper. Smart capital allocators who constantly grow shareholder value. He needs to look into ATD closer.
Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$70.280
Owned
No
PAST TOP PICK
PAST TOP PICK
January 25, 2019
(A Top Pick Feb 06/18, Up 14%) Loves it. They did an investor day in September to outline their future; in the next 10 years, they said that can earn a total of US$40 billion in free cash flow (post-dividends and investments). This is their current market cap. Wow. They plan to double their net-asset value by managing more money and charging higher rents on their properties. Great CEO.
(A Top Pick Feb 06/18, Up 14%) Loves it. They did an investor day in September to outline their future; in the next 10 years, they said that can earn a total of US$40 billion in free cash flow (post-dividends and investments). This is their current market cap. Wow. They plan to double their net-asset value by managing more money and charging higher rents on their properties. Great CEO.
Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$55.630
Owned
Yes