Latest Expert Opinions

Signal
Opinion
Expert
WATCH
WATCH
March 28, 2019
Sold it in last September. He feels a little naked without it. But it hasn't recovered as much as the rest of the market. First time in over 3 years that they miss top line and bottom line estimates. There has been some problems with the integration with their dutch-based company. The general thesis for the business is still intact. He would like to own again.
FedEx (FDX-N)
March 28, 2019
Sold it in last September. He feels a little naked without it. But it hasn't recovered as much as the rest of the market. First time in over 3 years that they miss top line and bottom line estimates. There has been some problems with the integration with their dutch-based company. The general thesis for the business is still intact. He would like to own again.
Mike S. Newton, CIM FCSI
Director & Portfolio Manager, Scotia Wealth Management
Price
$177.900
Owned
No
WAIT
WAIT
March 28, 2019
Financials is a big scratching head at the moment. This particular bank is not faced with the pressures of the retail banking in general. Used to be an investment bank leveraged 30 to 1. Everything that it used to do to eke out high torque on their profitability seems to be muted a little bit and without the leverage that they used to have. He has been bullish in financials prematurely. Trading below book value. Jury is out on this one.
Goldman Sachs (GS-N)
March 28, 2019
Financials is a big scratching head at the moment. This particular bank is not faced with the pressures of the retail banking in general. Used to be an investment bank leveraged 30 to 1. Everything that it used to do to eke out high torque on their profitability seems to be muted a little bit and without the leverage that they used to have. He has been bullish in financials prematurely. Trading below book value. Jury is out on this one.
Mike S. Newton, CIM FCSI
Director & Portfolio Manager, Scotia Wealth Management
Price
$191.180
Owned
Unknown
BUY
BUY
March 28, 2019
Still below its highs. When it broke out it was the time to buy. He think it is a phenomenal company. The speed at which they move nobody understands. Higher on the risk spectrum.
Amazon.com (AMZN-Q)
March 28, 2019
Still below its highs. When it broke out it was the time to buy. He think it is a phenomenal company. The speed at which they move nobody understands. Higher on the risk spectrum.
Mike S. Newton, CIM FCSI
Director & Portfolio Manager, Scotia Wealth Management
Price
$1773.420
Owned
Unknown
BUY
BUY
March 28, 2019
Just bought it in January. He would still adding for the yield predominantly.
Just bought it in January. He would still adding for the yield predominantly.
Mike S. Newton, CIM FCSI
Director & Portfolio Manager, Scotia Wealth Management
Price
$27.800
Owned
Yes
DON'T BUY
DON'T BUY
March 28, 2019
Strong dividend. It owns life insurance companies as well. He is kind of disappointed on them. not as warm on this one. He would go straight to the banks.
Strong dividend. It owns life insurance companies as well. He is kind of disappointed on them. not as warm on this one. He would go straight to the banks.
Mike S. Newton, CIM FCSI
Director & Portfolio Manager, Scotia Wealth Management
Price
$0.000
Owned
Unknown
BUY
BUY
March 28, 2019
Canadian banks in general are strongly managed from a risk perspective. They are not a black box. People around the world look at headlines. Financials is 25-30% financials. He is only 5% weighted on Canadian banks. Not because he is negative on them just he likes better other areas of the market better. Just don't be overweight banks.
Canadian banks in general are strongly managed from a risk perspective. They are not a black box. People around the world look at headlines. Financials is 25-30% financials. He is only 5% weighted on Canadian banks. Not because he is negative on them just he likes better other areas of the market better. Just don't be overweight banks.
Mike S. Newton, CIM FCSI
Director & Portfolio Manager, Scotia Wealth Management
Price
$107.020
Owned
Unknown
BUY
BUY
March 28, 2019
You are not getting hurt, you are not going to do great. You are going to get your dividend and a slow grind upwards.
Toronto Dominion (TD-T)
March 28, 2019
You are not getting hurt, you are not going to do great. You are going to get your dividend and a slow grind upwards.
Mike S. Newton, CIM FCSI
Director & Portfolio Manager, Scotia Wealth Management
Price
$73.050
Owned
Unknown