Latest Expert Opinions

Signal
Opinion
Expert
PARTIAL BUY
PARTIAL BUY
February 13, 2019
Trades at 9x earnings and below book value. Pays a 6.5% dividend. It's primarily a retail bank now. It's shown good numbers recently, like net-interest margins. It's a good retail bank in Europe with opportunity to grow. They're very tech-driven. This is a good buy in European banking long-term.
ING Groep NV(ING-N)
February 13, 2019
Trades at 9x earnings and below book value. Pays a 6.5% dividend. It's primarily a retail bank now. It's shown good numbers recently, like net-interest margins. It's a good retail bank in Europe with opportunity to grow. They're very tech-driven. This is a good buy in European banking long-term.
Paul Harris, CFA
Portfolio Manager and Partner, Avenue Investment Management
Price
$12.360
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
February 13, 2019
A great long-term hold and story, though it's overvalued now. It's far more global than MasterCard. Visa takes no risk. A great business that generates a lot of free cash. Blockchain can actually help Visa cut down their cost structure. Definitely buy on a pullback.
Visa Inc.(V-N)
February 13, 2019
A great long-term hold and story, though it's overvalued now. It's far more global than MasterCard. Visa takes no risk. A great business that generates a lot of free cash. Blockchain can actually help Visa cut down their cost structure. Definitely buy on a pullback.
Paul Harris, CFA
Portfolio Manager and Partner, Avenue Investment Management
Price
$144.340
Owned
No
DON'T BUY
DON'T BUY
February 13, 2019
They do generic drugs, the largest player in the world. They're smart and great at what they do. But they made a big acqusition that pressured their margins and hurt the company. But management has since changed and the company is recovering. They're still reducing their debt. TEVA should continue to grow. But this turnaround will take time.
Teva Pharmaceutical(TEVA-N)
February 13, 2019
They do generic drugs, the largest player in the world. They're smart and great at what they do. But they made a big acqusition that pressured their margins and hurt the company. But management has since changed and the company is recovering. They're still reducing their debt. TEVA should continue to grow. But this turnaround will take time.
Paul Harris, CFA
Portfolio Manager and Partner, Avenue Investment Management
Price
$17.355
Owned
No
BUY WEAKNESS
BUY WEAKNESS
February 13, 2019
It's innovative and has built a coffee culture in places around the world. Wait for a pullback and hold it long-term.
Starbucks(SBUX-Q)
February 13, 2019
It's innovative and has built a coffee culture in places around the world. Wait for a pullback and hold it long-term.
Paul Harris, CFA
Portfolio Manager and Partner, Avenue Investment Management
Price
$70.160
Owned
No
COMMENT
COMMENT
February 13, 2019
Not expensive and a good dividend. But like many oil companies, they've had to restructure after the oil price collapse. They made a huge purchase of British Gas and took on a lot of debt. That said, RDS can maintain its dividend. They can get good cash flow out of some of their assets in Brazil and Australia. Some of their offshore assets are working out and they can grow--but there are a lot of bumps in the road ahead.
Not expensive and a good dividend. But like many oil companies, they've had to restructure after the oil price collapse. They made a huge purchase of British Gas and took on a lot of debt. That said, RDS can maintain its dividend. They can get good cash flow out of some of their assets in Brazil and Australia. Some of their offshore assets are working out and they can grow--but there are a lot of bumps in the road ahead.
Paul Harris, CFA
Portfolio Manager and Partner, Avenue Investment Management
Price
$62.970
Owned
Unknown
TOP PICK
TOP PICK
February 13, 2019
22% payout ratio vs. 40% among Canadian banks. BAC's payout ratio and dividend are rising. They're buying back shares. It's trading close to book value, $25.13. BAC faces no legal issues other headwinds. They have great growth prospects in Merill Lynch. They're cutting costs and using technology more aggressively to grow. Remember: BAC is Buffet's largest position. (Analysts’ price target is $33.09)
Bank of America(BAC-N)
February 13, 2019
22% payout ratio vs. 40% among Canadian banks. BAC's payout ratio and dividend are rising. They're buying back shares. It's trading close to book value, $25.13. BAC faces no legal issues other headwinds. They have great growth prospects in Merill Lynch. They're cutting costs and using technology more aggressively to grow. Remember: BAC is Buffet's largest position. (Analysts’ price target is $33.09)
Paul Harris, CFA
Portfolio Manager and Partner, Avenue Investment Management
Price
$28.781
Owned
Yes
TOP PICK
TOP PICK
February 13, 2019
MSFT trades at 21x earnings and pays a nice dividend that will grow. Their issue is that MSFT is an enterprise company dealing with large companies. People are moving a lot more to the cloud. This will make huge margins through Office 365, cloud and their LinkedIn purchase. As more people go to the cloud, they'll need help which is where MSFT steps in. MSFT will slowly grow and pay a nice return. This has held because of good earnings. Great prospects. (Analysts’ price target is $126.17)
Microsoft(MSFT-Q)
February 13, 2019
MSFT trades at 21x earnings and pays a nice dividend that will grow. Their issue is that MSFT is an enterprise company dealing with large companies. People are moving a lot more to the cloud. This will make huge margins through Office 365, cloud and their LinkedIn purchase. As more people go to the cloud, they'll need help which is where MSFT steps in. MSFT will slowly grow and pay a nice return. This has held because of good earnings. Great prospects. (Analysts’ price target is $126.17)
Paul Harris, CFA
Portfolio Manager and Partner, Avenue Investment Management
Price
$106.810
Owned
Yes