Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
February 12, 2019
They've shifted well from hard retailer to online, but all retail is very tough. He wants to see online growth here. It's in an uber-competitive space, especially online. He sees better retail stocks elsewhere, like Amazon.
They've shifted well from hard retailer to online, but all retail is very tough. He wants to see online growth here. It's in an uber-competitive space, especially online. He sees better retail stocks elsewhere, like Amazon.
Zachary Curry
Chief Operating Officer & Portfolio Manager, Davis-Rea Ltd.
Price
$146.250
Owned
Unknown
BUY
BUY
February 12, 2019
Well-diversified and Warren Buffet is a very good investor. Includes Wells Fargo and Coke, which are strong, defensive names. There's a sucession issue, but the team is good. Succession will be a short-term issue only; Buffet is probably prepared. You can own this for a long time.
Well-diversified and Warren Buffet is a very good investor. Includes Wells Fargo and Coke, which are strong, defensive names. There's a sucession issue, but the team is good. Succession will be a short-term issue only; Buffet is probably prepared. You can own this for a long time.
Zachary Curry
Chief Operating Officer & Portfolio Manager, Davis-Rea Ltd.
Price
$309282.470
Owned
Unknown
COMMENT
COMMENT
February 12, 2019
YTD it's done much better than last year. It's more highly valued than, say, Canadian Tire, though DOL is a better stock. People will still shop at DOL; their products are cheap. Introducing credit cards doubled the spend size in shops. A defensive name and they're growing online. To buy this, the multiple must be much lower; this stock needs to be cheaper. Also, there is competition to consider. That said, DOL is selling items for $2, 3, 4 which increases margins.
Dollarama Inc.(DOL-T)
February 12, 2019
YTD it's done much better than last year. It's more highly valued than, say, Canadian Tire, though DOL is a better stock. People will still shop at DOL; their products are cheap. Introducing credit cards doubled the spend size in shops. A defensive name and they're growing online. To buy this, the multiple must be much lower; this stock needs to be cheaper. Also, there is competition to consider. That said, DOL is selling items for $2, 3, 4 which increases margins.
Zachary Curry
Chief Operating Officer & Portfolio Manager, Davis-Rea Ltd.
Price
$35.380
Owned
No
BUY
BUY
February 12, 2019
Interest rates won't rise much, which should help this. He likes APR's concept of owning the land on car dealerships which continue to pay APR (and its stockholders). He doesn't see a decrease in car sales.
Interest rates won't rise much, which should help this. He likes APR's concept of owning the land on car dealerships which continue to pay APR (and its stockholders). He doesn't see a decrease in car sales.
Zachary Curry
Chief Operating Officer & Portfolio Manager, Davis-Rea Ltd.
Price
$10.400
Owned
Yes
COMMENT
COMMENT
February 12, 2019
Will unethical practices hurt FB? He owned this before. More regulation will effect media companies like Facebook. But FB is so dominant with so much data. So, this is a risk. He thinks the worst data scores are behind them. Growth numbers are great. You know where your ad dollars are going. This comes down to government pressures and possible regulation. He's very cautious about FB. Perhaps take some shares off the table.
Facebook(FB-Q)
February 12, 2019
Will unethical practices hurt FB? He owned this before. More regulation will effect media companies like Facebook. But FB is so dominant with so much data. So, this is a risk. He thinks the worst data scores are behind them. Growth numbers are great. You know where your ad dollars are going. This comes down to government pressures and possible regulation. He's very cautious about FB. Perhaps take some shares off the table.
Zachary Curry
Chief Operating Officer & Portfolio Manager, Davis-Rea Ltd.
Price
$166.350
Owned
No
BUY
BUY
February 12, 2019
BCE vs. BNS for dividend growth and a long-term holding He owns both. Two different companies. The view on interest rates is positive for both. BCE: telecoms won't suffer from cord cutting, since they have a stake in streaming as well; and wireless, cable and interest rates are still high in Canada. BNS: just added to his holding; been a poor performer in the past year, but their international exposure is a positive; pays a good dividend; and this is a safe stock. Canadian banks as a whole earn a lot of money, and he doesn't see problems in this sector. BCE is more defensive, but it comes down to which sector you want.
BCE Inc.(BCE-T)
February 12, 2019
BCE vs. BNS for dividend growth and a long-term holding He owns both. Two different companies. The view on interest rates is positive for both. BCE: telecoms won't suffer from cord cutting, since they have a stake in streaming as well; and wireless, cable and interest rates are still high in Canada. BNS: just added to his holding; been a poor performer in the past year, but their international exposure is a positive; pays a good dividend; and this is a safe stock. Canadian banks as a whole earn a lot of money, and he doesn't see problems in this sector. BCE is more defensive, but it comes down to which sector you want.
Zachary Curry
Chief Operating Officer & Portfolio Manager, Davis-Rea Ltd.
Price
$57.250
Owned
Yes
BUY
BUY
February 12, 2019
Super demographics help them. Managers have made acqusitions in the U.S. to diversify outside Canada--he likes this. Very positive on this.
Park Lawn Corp(PLC-T)
February 12, 2019
Super demographics help them. Managers have made acqusitions in the U.S. to diversify outside Canada--he likes this. Very positive on this.
Zachary Curry
Chief Operating Officer & Portfolio Manager, Davis-Rea Ltd.
Price
$23.460
Owned
Yes