Latest Expert Opinions

Signal
Opinion
Expert
TOP PICK
TOP PICK
March 13, 2019
It's one of the few remaining income funds. They've paid $1.20 dividend since 2007, monthly. They had a tough 2018 with issues in a subdivision. They have a payout ratio of 62-90%. Pays a secure 12% dividend. Their strong management can turn things around. (Analysts’ price target is $12.38)
It's one of the few remaining income funds. They've paid $1.20 dividend since 2007, monthly. They had a tough 2018 with issues in a subdivision. They have a payout ratio of 62-90%. Pays a secure 12% dividend. Their strong management can turn things around. (Analysts’ price target is $12.38)
Don Lato
President, Padlock Investment Management
Price
$9.680
Owned
Yes
TOP PICK
TOP PICK
March 13, 2019
It's suffered the double-whammy of eliminating drug pricing talk by politicians in the U.S. and fears of Amazon getting into the pharma space. WBA has increased its dividend 43 years in a row and expect one in June. Trades at lower than 10x earnings. He thinks pricing fears are overblown. Targets this in the mid-$70s within 12 months. (Analysts’ price target is $74.35)
It's suffered the double-whammy of eliminating drug pricing talk by politicians in the U.S. and fears of Amazon getting into the pharma space. WBA has increased its dividend 43 years in a row and expect one in June. Trades at lower than 10x earnings. He thinks pricing fears are overblown. Targets this in the mid-$70s within 12 months. (Analysts’ price target is $74.35)
Don Lato
President, Padlock Investment Management
Price
$61.900
Owned
Yes
BUY
BUY
March 13, 2019
Likes it and has owned it for 4 years, but it has gone sidways the past 18 months. They acquired Innovia in late-2016 but had trouble digesting it. CCL was also hit by high resin prices in 2018. They seem to have overcome these issues. The stock isn't cheap but is now fairly valued. It's a good entry point now. They just increased their dividend.
Likes it and has owned it for 4 years, but it has gone sidways the past 18 months. They acquired Innovia in late-2016 but had trouble digesting it. CCL was also hit by high resin prices in 2018. They seem to have overcome these issues. The stock isn't cheap but is now fairly valued. It's a good entry point now. They just increased their dividend.
Don Lato
President, Padlock Investment Management
Price
$54.020
Owned
Yes
BUY
BUY
March 13, 2019
The Canadian banks are good value. They've come off their highs in the recent reports, due to the harsh market action in Q4 2018. CIBC is the cheapest of the pack in terms of PE and highest yield, but it's also had its issues. It's priced accordingly. He likes the American exposure of TD, though. These are not expensive stocks. You can't go wrong with these banks.
The Canadian banks are good value. They've come off their highs in the recent reports, due to the harsh market action in Q4 2018. CIBC is the cheapest of the pack in terms of PE and highest yield, but it's also had its issues. It's priced accordingly. He likes the American exposure of TD, though. These are not expensive stocks. You can't go wrong with these banks.
Don Lato
President, Padlock Investment Management
Price
$111.950
Owned
No
BUY WEAKNESS
BUY WEAKNESS
March 13, 2019
A great company and likely a good long-term hold, but it keeps setting new highs. It has great prospects for growth with the influx of 5G. It's structured like a REIT so they payout 90% of income. The yield has fallen to 1.9% because the stock has zoomed up. The 50-day moving average is $170 so look for that level.
American Tower(AMT-N)
March 13, 2019
A great company and likely a good long-term hold, but it keeps setting new highs. It has great prospects for growth with the influx of 5G. It's structured like a REIT so they payout 90% of income. The yield has fallen to 1.9% because the stock has zoomed up. The 50-day moving average is $170 so look for that level.
Don Lato
President, Padlock Investment Management
Price
$187.230
Owned
Unknown
SELL
SELL
March 13, 2019
They're trying to cut costs and sell holdings. If you hold this, then take a loss now. There's too much confusion, disappointment and debt. Unless they can turn around their businesses, then debt will continue to deepen. Avoid it. (He nearly bought it last summer.
They're trying to cut costs and sell holdings. If you hold this, then take a loss now. There's too much confusion, disappointment and debt. Unless they can turn around their businesses, then debt will continue to deepen. Avoid it. (He nearly bought it last summer.
Don Lato
President, Padlock Investment Management
Price
$6.870
Owned
No
BUY
BUY
March 13, 2019
He's liked this for a long time; it's his biggest Canadian holding. They struggled a little in latter-2018, failing to sell Colombian assets. They took that off the market in December 2018. They've been aggressively buying back their stock and will continue to this year until that Colombian bid runs out. Trading at 3x cash flow. They still have excellent exploration properties. Well-managed. A cheap stock.
He's liked this for a long time; it's his biggest Canadian holding. They struggled a little in latter-2018, failing to sell Colombian assets. They took that off the market in December 2018. They've been aggressively buying back their stock and will continue to this year until that Colombian bid runs out. Trading at 3x cash flow. They still have excellent exploration properties. Well-managed. A cheap stock.
Don Lato
President, Padlock Investment Management
Price
$21.310
Owned
Yes