Latest Expert Opinions

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
January 25, 2019
(A Top Pick Feb 06/18, Up 2%) Boasts 35 quarters in a row of 20% revenue growth. Online ads will continue to grow, and Google dominates search engines. The Cloud will continue to grow. They invest in hardware, software and healthcare. Perfect balance sheet. Has 20x earnings. One of the greatest companies on Earth.
(A Top Pick Feb 06/18, Up 2%) Boasts 35 quarters in a row of 20% revenue growth. Online ads will continue to grow, and Google dominates search engines. The Cloud will continue to grow. They invest in hardware, software and healthcare. Perfect balance sheet. Has 20x earnings. One of the greatest companies on Earth.
Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$1101.510
Owned
Yes
PAST TOP PICK
PAST TOP PICK
January 25, 2019
(A Top Pick Feb 06/18, Down 21%) They had stellar numbers in 2018 like 11% revenue growth and bought back 2% of its stock.. But they're by this Malaysian scandal, sued by their government by a huge amount and create a crisis of confidence--buy this will pass. GS recovered a bit in Q4. But he doesn't understand why this is trading at tangible book value. A wonderful franchise.
Goldman Sachs (GS-N)
January 25, 2019
(A Top Pick Feb 06/18, Down 21%) They had stellar numbers in 2018 like 11% revenue growth and bought back 2% of its stock.. But they're by this Malaysian scandal, sued by their government by a huge amount and create a crisis of confidence--buy this will pass. GS recovered a bit in Q4. But he doesn't understand why this is trading at tangible book value. A wonderful franchise.
Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$200.740
Owned
Yes
BUY
BUY
January 25, 2019
ENB vs. Transcanada Apart from one hiccup (it cut its dividend once in the 90s), Transcanada has performed very well. It's a low-risk business with 95% of its revenues regulated or on long-term contracts. They plan to spend $28 billion on new growth projects and fund it with existing cash flow. They can also grow their dividend 8-10% annually for the next three years. As growth projects come to play, maybe their earning will ramp up again.
TC Energy (TRP-T)
January 25, 2019
ENB vs. Transcanada Apart from one hiccup (it cut its dividend once in the 90s), Transcanada has performed very well. It's a low-risk business with 95% of its revenues regulated or on long-term contracts. They plan to spend $28 billion on new growth projects and fund it with existing cash flow. They can also grow their dividend 8-10% annually for the next three years. As growth projects come to play, maybe their earning will ramp up again.
Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$55.330
Owned
Yes
DON'T BUY
DON'T BUY
January 25, 2019
It was a high-flying stock until they ran into management and competition problems. He never got excited by NFI, failing to find their moat and feeling that their balance sheet wasn't that great. That said, he's never done a deep dive into NFI. Not on his radar. He'd need to see serious earnings growth first.
It was a high-flying stock until they ran into management and competition problems. He never got excited by NFI, failing to find their moat and feeling that their balance sheet wasn't that great. That said, he's never done a deep dive into NFI. Not on his radar. He'd need to see serious earnings growth first.
Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$33.780
Owned
No
COMMENT
COMMENT
January 25, 2019
Before their last earnings report, STZ was one of the top S&P names. It's not a barn-burning growth company. He prefers a spirits company, like in Europe. He can't predict what STZ will do in cannabis, which is a big investment for them. If you want to buy weed, buy weed; want to buy alcohol, buy alcohol stocks. He'll do more research into this. Can't say whether to buy or sell this.
Before their last earnings report, STZ was one of the top S&P names. It's not a barn-burning growth company. He prefers a spirits company, like in Europe. He can't predict what STZ will do in cannabis, which is a big investment for them. If you want to buy weed, buy weed; want to buy alcohol, buy alcohol stocks. He'll do more research into this. Can't say whether to buy or sell this.
Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$166.800
Owned
No
BUY
BUY
January 25, 2019
5-10-year projection He's nervous like many others about the Amazon threat, but don't wait for the Amazon storm clouds to pass. Put capital to work on a good company long term and ignore the daily volatility. FedEx lowered volatility recently and got hammered--and that was the time to buy. Headlines about Amazon taking over shipping are unfounded, he feels; it won't happen. FedEx is trading at a reasonable valuation. He has no problem owning FedEx now.
FedEx (FDX-N)
January 25, 2019
5-10-year projection He's nervous like many others about the Amazon threat, but don't wait for the Amazon storm clouds to pass. Put capital to work on a good company long term and ignore the daily volatility. FedEx lowered volatility recently and got hammered--and that was the time to buy. Headlines about Amazon taking over shipping are unfounded, he feels; it won't happen. FedEx is trading at a reasonable valuation. He has no problem owning FedEx now.
Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$175.360
Owned
Unknown
COMMENT
COMMENT
January 25, 2019
Trading at 15x earnings after a pullback. It's a complicated company with so many products and now has this talcum powder issue. You won't go too wrong owning this, but will this be a compounder? He doesn't know. It's probably undervalued because of the talcum-cancer scare; markets *always* overreact to bad news. Always.
Johnson & Johnson (JNJ-N)
January 25, 2019
Trading at 15x earnings after a pullback. It's a complicated company with so many products and now has this talcum powder issue. You won't go too wrong owning this, but will this be a compounder? He doesn't know. It's probably undervalued because of the talcum-cancer scare; markets *always* overreact to bad news. Always.
Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$128.230
Owned
No