Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
January 31, 2019
Would there be an opportunity to buy taking advantage of the weakness on the British Pound in case there is a hard Brexit? The financial services industry in the UK has taken a pounding but still thinks there are better places to be. He wouldn't comment on Brexit (even though he think there won't be one) and he wouldn't allowed currencies to influence his investment decisions.
Prudential PLC (PUK-N)
January 31, 2019
Would there be an opportunity to buy taking advantage of the weakness on the British Pound in case there is a hard Brexit? The financial services industry in the UK has taken a pounding but still thinks there are better places to be. He wouldn't comment on Brexit (even though he think there won't be one) and he wouldn't allowed currencies to influence his investment decisions.
Lorne Steinberg
President & Portfolio Manager, Lorne Steinberg Wealth Management Inc
Price
$39.440
Owned
No
DON'T BUY
DON'T BUY
January 31, 2019
This is not only a technology company. Much of its earnings are coming from games and movies. Both those areas are very difficult to predict. He sees better value elsewhere.
Sony Corp. ADR (SNE-N)
January 31, 2019
This is not only a technology company. Much of its earnings are coming from games and movies. Both those areas are very difficult to predict. He sees better value elsewhere.
Lorne Steinberg
President & Portfolio Manager, Lorne Steinberg Wealth Management Inc
Price
$50.120
Owned
No
DON'T BUY
DON'T BUY
January 31, 2019
European banks have been hit hard. He sees better value in ING Groep NV. Cheaper and better.
Banco Santander SA (SAN-N)
January 31, 2019
European banks have been hit hard. He sees better value in ING Groep NV. Cheaper and better.
Lorne Steinberg
President & Portfolio Manager, Lorne Steinberg Wealth Management Inc
Price
$4.740
Owned
Unknown
COMMENT
COMMENT
January 31, 2019
Trading for half its tangible book value reflecting the European banking sector. He prefers Goldman Sachs (GS-N) on the investment bank side.
Barclays Bank PLC (BCS-N)
January 31, 2019
Trading for half its tangible book value reflecting the European banking sector. He prefers Goldman Sachs (GS-N) on the investment bank side.
Lorne Steinberg
President & Portfolio Manager, Lorne Steinberg Wealth Management Inc
Price
$8.360
Owned
No
PAST TOP PICK
PAST TOP PICK
January 31, 2019
(A Top Pick Jan 30/18, Down 36%) It got caught up on an incident in the UK where an apartment building got on fire. They were using the company's product (that were totally legal). Earnings have not been great.
Arconic Inc (ARNC-N)
January 31, 2019
(A Top Pick Jan 30/18, Down 36%) It got caught up on an incident in the UK where an apartment building got on fire. They were using the company's product (that were totally legal). Earnings have not been great.
Lorne Steinberg
President & Portfolio Manager, Lorne Steinberg Wealth Management Inc
Price
$18.820
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
January 31, 2019
(A Top Pick Jan 30/18, Up 6%) The company makes gorilla glass that is used on iPhones and also TV sets and they are a global leader. They have bought back almoe=st 50% of their shares in the last 5 years. Double digit dividend increases. He really likes it.
Corning Inc (GLW-N)
January 31, 2019
(A Top Pick Jan 30/18, Up 6%) The company makes gorilla glass that is used on iPhones and also TV sets and they are a global leader. They have bought back almoe=st 50% of their shares in the last 5 years. Double digit dividend increases. He really likes it.
Lorne Steinberg
President & Portfolio Manager, Lorne Steinberg Wealth Management Inc
Price
$33.260
Owned
Yes
PAST TOP PICK
PAST TOP PICK
January 31, 2019
(A Top Pick Jan 30/18, Down 33%) Representative of the Japanese market. Trading for less than its working capital. This is the reason many of the buyout companies are raising tens of billions of dollars to buy Japanese companies. He think that would be a catalyst for a company like this.
Yodogawa Steel (5451-TYO)
January 31, 2019
(A Top Pick Jan 30/18, Down 33%) Representative of the Japanese market. Trading for less than its working capital. This is the reason many of the buyout companies are raising tens of billions of dollars to buy Japanese companies. He think that would be a catalyst for a company like this.
Lorne Steinberg
President & Portfolio Manager, Lorne Steinberg Wealth Management Inc
Price
$0.000
Owned
Yes