Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
May 8, 2019
Trading at 11.5x earnings, close to all-time lows. His concern is that it's a highly discretionary, big-ticket purchase and we're not late in the cycle. They make ski-do's and other big-ticket toys. So, what happens to these products (and their demand) in a weak economy? One good change is that they have installed a new chairman. However, they have some operations in Mexico, which is a risk in this era (Trump's pro-America, anti-Mexico rhetoric),.
BRP INC. (DOO-T)
May 8, 2019
Trading at 11.5x earnings, close to all-time lows. His concern is that it's a highly discretionary, big-ticket purchase and we're not late in the cycle. They make ski-do's and other big-ticket toys. So, what happens to these products (and their demand) in a weak economy? One good change is that they have installed a new chairman. However, they have some operations in Mexico, which is a risk in this era (Trump's pro-America, anti-Mexico rhetoric),.
Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$39.180
Owned
No
DON'T BUY
DON'T BUY
May 8, 2019
He sold it last fall because the auto cycle is maturing (sales have peaked in North America where Magna has one-third of its business), and Magna was having trouble with a joint venture in China where it's hard to enforce contracts. True, the stock has bounced back since he sold last fall, but he'd still be out.
He sold it last fall because the auto cycle is maturing (sales have peaked in North America where Magna has one-third of its business), and Magna was having trouble with a joint venture in China where it's hard to enforce contracts. True, the stock has bounced back since he sold last fall, but he'd still be out.
Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$71.710
Owned
No
BUY
BUY
May 8, 2019
They've grown a lot of acquisition in the past 10 years. The last one was synergistic, but ENB took on too much debt, so they've had to divest some operations. Share price is stagnant, though the dividend continues to grow. After two years of deleveraging--and building the Minnesota pipeline--ENB will be in much better shape. So, buy it now.
Enbridge (ENB-T)
May 8, 2019
They've grown a lot of acquisition in the past 10 years. The last one was synergistic, but ENB took on too much debt, so they've had to divest some operations. Share price is stagnant, though the dividend continues to grow. After two years of deleveraging--and building the Minnesota pipeline--ENB will be in much better shape. So, buy it now.
Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$49.520
Owned
Unknown
BUY
BUY
May 8, 2019
It's a great operator and acquirer of businesses. Caveat: Their latest purchase, of Innovia, has been pressured by soaring commodity prices ( if the resin that appears on the fancy plastic on Canadian bank notes).
It's a great operator and acquirer of businesses. Caveat: Their latest purchase, of Innovia, has been pressured by soaring commodity prices ( if the resin that appears on the fancy plastic on Canadian bank notes).
Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$55.670
Owned
Yes
BUY
BUY
May 8, 2019
He has long owned it though he had to wait a while to see the price rise. Good organic growth through digital loyalty programs, gas margins and other methods. He'd buy it today, because he expects it to rise to $90 then $100 and at some time expand into China and surpass 7-11.
He has long owned it though he had to wait a while to see the price rise. Good organic growth through digital loyalty programs, gas margins and other methods. He'd buy it today, because he expects it to rise to $90 then $100 and at some time expand into China and surpass 7-11.
Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$79.660
Owned
Yes
BUY
BUY
May 8, 2019

A great operator, though he prefers QSR-T which is more diversified. What's ignited investors is their plant protein line of burgers. They're doing something right.

A great operator, though he prefers QSR-T which is more diversified. What's ignited investors is their plant protein line of burgers. They're doing something right.

Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$45.700
Owned
No
SELL
SELL
May 8, 2019
This is going to 0. The assets are stranded in Cuba. Trump has opened the door to litigation. They have a terrible mine in Madagascar. Sell it, run away.
This is going to 0. The assets are stranded in Cuba. Trump has opened the door to litigation. They have a terrible mine in Madagascar. Sell it, run away.
Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$0.225
Owned
No