Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
February 19, 2019
The problem with high-yield bonds are junk bonds, but XHY has held up well. If you don't believe we'll fall into recession, high-yields will perform well. That said, he'd rather buy blue-chip stocks or their convertible debentures.
The problem with high-yield bonds are junk bonds, but XHY has held up well. If you don't believe we'll fall into recession, high-yields will perform well. That said, he'd rather buy blue-chip stocks or their convertible debentures.
Richard Croft
President, R.N. Croft Financial Group Inc.
Price
$18.950
Owned
Unknown
BUY
BUY
February 19, 2019
Water has more value than oil, long term. Likes this. A good counterbalance to oil in a portfolio.
Water has more value than oil, long term. Likes this. A good counterbalance to oil in a portfolio.
Richard Croft
President, R.N. Croft Financial Group Inc.
Price
$34.200
Owned
Unknown
COMMENT
COMMENT
February 19, 2019
He's not bullish oil/gas, because the world is moving quickly to greener energy. A company like Suncor can diversify into green and companies that diversify will survive. He'd sell a covered call at a little higher strike price on SU. Takes some cash. The options are good and the market is liquid.
Suncor Energy Inc (SU-T)
February 19, 2019
He's not bullish oil/gas, because the world is moving quickly to greener energy. A company like Suncor can diversify into green and companies that diversify will survive. He'd sell a covered call at a little higher strike price on SU. Takes some cash. The options are good and the market is liquid.
Richard Croft
President, R.N. Croft Financial Group Inc.
Price
$45.490
Owned
No
COMMENT
COMMENT
February 19, 2019
Placing a January 2020 covered call? He's unsure about going to January 2020 unless you want to generate a set rate of return based on dividends and income from the covered option. It's the highest yielding Canadian bank at 5.5%. If you sell a Jan. 2020 call slightly out of the money you'll get another 4%. That's an over 9% return and capital gain. CM's numbers have been good lately. This could hit $125.
Placing a January 2020 covered call? He's unsure about going to January 2020 unless you want to generate a set rate of return based on dividends and income from the covered option. It's the highest yielding Canadian bank at 5.5%. If you sell a Jan. 2020 call slightly out of the money you'll get another 4%. That's an over 9% return and capital gain. CM's numbers have been good lately. This could hit $125.
Richard Croft
President, R.N. Croft Financial Group Inc.
Price
$113.220
Owned
Yes
TOP PICK
TOP PICK
February 19, 2019
This'll benefit from a US-China trade deal, which he thinks has an 80% chance of happening. Something will get signed.
This'll benefit from a US-China trade deal, which he thinks has an 80% chance of happening. Something will get signed.
Richard Croft
President, R.N. Croft Financial Group Inc.
Price
$43.250
Owned
No
TOP PICK
TOP PICK
February 19, 2019
Synthetic long Buy a January 2021 $30 call option to January 2021 (costing $3.60 today). Pay for this by selling a $30 put, so you're obligated to buy BAC at $30. If BAC goes above $30, then the call option is worth something and the put will expire. If below $30, the call will expire and the put will be exercised. He can take 50 cents into his pocket immediately. He has no cash outlay. He'd get dollar-for-dollar performance on the stock between now and Jan. 2021.
Bank of America (BAC-N)
February 19, 2019
Synthetic long Buy a January 2021 $30 call option to January 2021 (costing $3.60 today). Pay for this by selling a $30 put, so you're obligated to buy BAC at $30. If BAC goes above $30, then the call option is worth something and the put will expire. If below $30, the call will expire and the put will be exercised. He can take 50 cents into his pocket immediately. He has no cash outlay. He'd get dollar-for-dollar performance on the stock between now and Jan. 2021.
Richard Croft
President, R.N. Croft Financial Group Inc.
Price
$29.130
Owned
Yes
TOP PICK
TOP PICK
February 19, 2019
Bull put spread Took a big hit last year, but the company is still growing with lots of potential. Sell a September $75 put option. You'll get $10.25. It's $75 now. If SQ is below that, then you have to buy it. If SQ collapses, worst-case you put it to somebody else's $60; you pay $4.30 and your out of pocket cost is $5.90/share. Options are expensive on SQ now because it's about to release earnings.
Square Inc (SQ-N)
February 19, 2019
Bull put spread Took a big hit last year, but the company is still growing with lots of potential. Sell a September $75 put option. You'll get $10.25. It's $75 now. If SQ is below that, then you have to buy it. If SQ collapses, worst-case you put it to somebody else's $60; you pay $4.30 and your out of pocket cost is $5.90/share. Options are expensive on SQ now because it's about to release earnings.
Richard Croft
President, R.N. Croft Financial Group Inc.
Price
$76.640
Owned
Yes