Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
March 13, 2019
He's long owned this. A good 7% dividend grower. The whole space is challenged by revenue growth by the wireless side. Telus has actually been expanding the data side. He likes it.
Telus Corp(T-T)
March 13, 2019
He's long owned this. A good 7% dividend grower. The whole space is challenged by revenue growth by the wireless side. Telus has actually been expanding the data side. He likes it.
Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$47.760
Owned
Yes
BUY
BUY
March 13, 2019
Yes. It's taken a backseat to Fortis, but they go back and forth. The problem is EMA makes acquisitions, then pays down debt as they are currently. They have a major construction business in Tampa, so they're investing back in the business. He owns both companies, both good dividend-payers, both good buyers in the States.
Emera Inc(EMA-T)
March 13, 2019
Yes. It's taken a backseat to Fortis, but they go back and forth. The problem is EMA makes acquisitions, then pays down debt as they are currently. They have a major construction business in Tampa, so they're investing back in the business. He owns both companies, both good dividend-payers, both good buyers in the States.
Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$49.090
Owned
Yes
DON'T BUY
DON'T BUY
March 13, 2019
He keeps watching it. Great balance sheet. They've been growing their dividend this cycle, but auto sales have rolled over. Magna is still making good money, but trading at 7-8x earnings because the market believes that the auto companies are rolling over; production and sales have rolled over. He's cautious about it. He may buy it 10-15% lower.
Magna Int'l. (A)(MG-T)
March 13, 2019
He keeps watching it. Great balance sheet. They've been growing their dividend this cycle, but auto sales have rolled over. Magna is still making good money, but trading at 7-8x earnings because the market believes that the auto companies are rolling over; production and sales have rolled over. He's cautious about it. He may buy it 10-15% lower.
Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$66.450
Owned
No
DON'T BUY
DON'T BUY
March 13, 2019
He owns Fortis, Emera and NPI, so he has enough utilities. The business in Ontario is good with possibility of expansion. But the problems with the Ontario goverment scare him off. Good dividend, but weaker dividend growth than its peers.
Hydro One(H-T)
March 13, 2019
He owns Fortis, Emera and NPI, so he has enough utilities. The business in Ontario is good with possibility of expansion. But the problems with the Ontario goverment scare him off. Good dividend, but weaker dividend growth than its peers.
Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$20.250
Owned
No
DON'T BUY
DON'T BUY
March 13, 2019
It was a high-flyer a few years ago. They've increase their dividend. The bus market has been challenged. Most of their clients are US cities which can't go into deficity, so that hits NFI's orders.
It was a high-flyer a few years ago. They've increase their dividend. The bus market has been challenged. Most of their clients are US cities which can't go into deficity, so that hits NFI's orders.
Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$31.950
Owned
No
TOP PICK
TOP PICK
March 13, 2019
Solid and diversified. A good dividend grower at 7% annually. They have $17 billion of capex over the next three years. Growth rate of 7%. (Analysts’ price target is $49.48)
Fortis Inc.(FTS-T)
March 13, 2019
Solid and diversified. A good dividend grower at 7% annually. They have $17 billion of capex over the next three years. Growth rate of 7%. (Analysts’ price target is $49.48)
Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$48.810
Owned
Yes
TOP PICK
TOP PICK
March 13, 2019
He picked the worst Canadian bank year to date. It's underperformed. Their capital markets side was worse than expected. There've been questions about their Mexico operations with changes in that banking environment. They are a good dividend grower and will do another one likely in Q3. The growth of their mortage bank is slowing, though still positive; delinquencies haven't risen. Their core business is domestic retail and what matters is what they do with that cash flow. They're investing in technology which has hurt margins. (Analysts’ price target is $79.17)
He picked the worst Canadian bank year to date. It's underperformed. Their capital markets side was worse than expected. There've been questions about their Mexico operations with changes in that banking environment. They are a good dividend grower and will do another one likely in Q3. The growth of their mortage bank is slowing, though still positive; delinquencies haven't risen. Their core business is domestic retail and what matters is what they do with that cash flow. They're investing in technology which has hurt margins. (Analysts’ price target is $79.17)
Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$72.760
Owned
Yes