Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
April 30, 2019
Natural gas prices in western Canada are struggling, but management is solid. The price can't go much lower and ultimately PEY will recover, but who knows when? They're in a difficult spot now. They pay a decent yield above 3%.
Natural gas prices in western Canada are struggling, but management is solid. The price can't go much lower and ultimately PEY will recover, but who knows when? They're in a difficult spot now. They pay a decent yield above 3%.
Ryan Bushell
President, Newhaven Asset Management
Price
$6.050
Owned
No
COMMENT
COMMENT
April 30, 2019
Forestry is out of favour. WFT will be victim to commodity price swings. But US housing will rebound this spring and will benefit lumber stocks.
Forestry is out of favour. WFT will be victim to commodity price swings. But US housing will rebound this spring and will benefit lumber stocks.
Ryan Bushell
President, Newhaven Asset Management
Price
$68.700
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
April 30, 2019
TransMountain will have no effect on Russel. A great company in a tought business. He sold it last August and took profits. Over time, RUS will build through acquisition. Pays a good dividend. He will buy below $20. You can trade it between $20 and 30.
Russel Metals (RUS-T)
April 30, 2019
TransMountain will have no effect on Russel. A great company in a tought business. He sold it last August and took profits. Over time, RUS will build through acquisition. Pays a good dividend. He will buy below $20. You can trade it between $20 and 30.
Ryan Bushell
President, Newhaven Asset Management
Price
$23.600
Owned
No
BUY
BUY
April 30, 2019
A well-run company. Zero debt. Yields close to 7%. It had a nice bounce off the bottom recently. It's a safe company even though it's in Canadian oil/gas. FRU benefit from oil companies struggling to raise capital; these companies can. instead, sell a royalty on their production to FRU and supply them with capital. It's a good cash-flow business.
A well-run company. Zero debt. Yields close to 7%. It had a nice bounce off the bottom recently. It's a safe company even though it's in Canadian oil/gas. FRU benefit from oil companies struggling to raise capital; these companies can. instead, sell a royalty on their production to FRU and supply them with capital. It's a good cash-flow business.
Ryan Bushell
President, Newhaven Asset Management
Price
$9.200
Owned
Yes
DON'T BUY
DON'T BUY
April 30, 2019
Pays a big yield, but the stock has done poorly. Can they sustain the yield? He doesn't like restaurant stocks--we're at the top of the cycle, so people may eat out less. PZA is struggling with its market position against competitors. They need re-branding or new management as a catalyst.
Pays a big yield, but the stock has done poorly. Can they sustain the yield? He doesn't like restaurant stocks--we're at the top of the cycle, so people may eat out less. PZA is struggling with its market position against competitors. They need re-branding or new management as a catalyst.
Ryan Bushell
President, Newhaven Asset Management
Price
$10.520
Owned
No
SELL
SELL
April 30, 2019
He sold it in February. It's cheaper than its peers, but they didn't increase the yield (only a little) this year. He sees limited growth, despite great subscriber growth in recent years.
He sold it in February. It's cheaper than its peers, but they didn't increase the yield (only a little) this year. He sees limited growth, despite great subscriber growth in recent years.
Ryan Bushell
President, Newhaven Asset Management
Price
$67.540
Owned
No
STRONG BUY
STRONG BUY
April 30, 2019
The CEO did a stock disposition recently. One of his largest holdings. A leader in off-shore wind energy. Their issue has always been attracting capital. They need to partner or be owned by a pension fund, which they almost did a few years ago. It's odd the CEO founder sold his shares recently as opposed to a few years ago when the stock price was nearly the same. That sale has created an overhang, though. It's been in the $25 range in the past 3-4 years while NPI has de-risked and built up several projects. The future looks good, so what's next for them? Maybe raise the dividend; they haven't done that, because they've been hoarding capital to build projects. He's adding to it as it pays over a 5% yield, and he predicts the stock will rise.
The CEO did a stock disposition recently. One of his largest holdings. A leader in off-shore wind energy. Their issue has always been attracting capital. They need to partner or be owned by a pension fund, which they almost did a few years ago. It's odd the CEO founder sold his shares recently as opposed to a few years ago when the stock price was nearly the same. That sale has created an overhang, though. It's been in the $25 range in the past 3-4 years while NPI has de-risked and built up several projects. The future looks good, so what's next for them? Maybe raise the dividend; they haven't done that, because they've been hoarding capital to build projects. He's adding to it as it pays over a 5% yield, and he predicts the stock will rise.
Ryan Bushell
President, Newhaven Asset Management
Price
$23.820
Owned
Yes