Latest Expert Opinions

Signal
Opinion
Expert
STRONG BUY
STRONG BUY
June 6, 2019
It has been going up non-stop. It has never pulled back to buy-in levels. It is a great company and has a lot of tailwinds. If you are really into it, then pick away at it. He likes the company. It is a great play on ecommerce that is growing at triple digits still and there are a lot of positives for it. The number of large companies coming on board is growing also.
It has been going up non-stop. It has never pulled back to buy-in levels. It is a great company and has a lot of tailwinds. If you are really into it, then pick away at it. He likes the company. It is a great play on ecommerce that is growing at triple digits still and there are a lot of positives for it. The number of large companies coming on board is growing also.
Ian Fung
Vice-president and portfolio manager, Davis Rea
Price
$397.460
Owned
Unknown
BUY
BUY
June 6, 2019
He likes it and has done so for a long time. He used to not be comfortable with the valuation but has not wrapped his head around it. The cloud business has been the leader in cloud and is almost utility-like in nature. Growth is slowing due to the law of large numbers. You can have a lot of confidence in management.
Amazon.com (AMZN-Q)
June 6, 2019
He likes it and has done so for a long time. He used to not be comfortable with the valuation but has not wrapped his head around it. The cloud business has been the leader in cloud and is almost utility-like in nature. Growth is slowing due to the law of large numbers. You can have a lot of confidence in management.
Ian Fung
Vice-president and portfolio manager, Davis Rea
Price
$1754.360
Owned
Unknown
WATCH
WATCH
June 6, 2019
He would not get out before the next dividend. It is a great Canadian company with a great dividend. Wait and hold it for the dividend and then see where it goes.
BCE Inc. (BCE-T)
June 6, 2019
He would not get out before the next dividend. It is a great Canadian company with a great dividend. Wait and hold it for the dividend and then see where it goes.
Ian Fung
Vice-president and portfolio manager, Davis Rea
Price
$62.400
Owned
Unknown
BUY
BUY
June 6, 2019

It is hard to distinguish between itself and MA-N. It is one of the two largest in the world with great tailwinds. The US is still moving to payment cards.

Visa Inc. (V-N)
June 6, 2019

It is hard to distinguish between itself and MA-N. It is one of the two largest in the world with great tailwinds. The US is still moving to payment cards.

Ian Fung
Vice-president and portfolio manager, Davis Rea
Price
$166.920
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
June 6, 2019
It has had a bit of a run and then came down. It is a bit more compelling than it was earlier. You are seeing strength come back with new gaming cards.
Nvidia Corp (NVDA-Q)
June 6, 2019
It has had a bit of a run and then came down. It is a bit more compelling than it was earlier. You are seeing strength come back with new gaming cards.
Ian Fung
Vice-president and portfolio manager, Davis Rea
Price
$143.780
Owned
Unknown
BUY
BUY
June 6, 2019
He still believes in US banks even if the FED has hinted at a rate cut in the future. BAC-N has increased capital ratios and is in a good position to re-distribute earnings in terms of dividends and share buybacks.
He still believes in US banks even if the FED has hinted at a rate cut in the future. BAC-N has increased capital ratios and is in a good position to re-distribute earnings in terms of dividends and share buybacks.
Ian Fung
Vice-president and portfolio manager, Davis Rea
Price
$27.880
Owned
Unknown
BUY
BUY
June 6, 2019

The lower price is not due to competition from AMZN-N. AMZN-N is 1 to 2 percent of revenues for FDX-N. Most of the headwinds have been trade related which are unwarranted because the US revenue from Chin is only 2%. They are having issues integrating their TNT express acquisition in Europe. If you ignore Ecommerce, and just consider business to business deliveries, it is very meaningful for companies. If anyone can use drones to make household deliveries, AMZN-Q can do it but it is very early days.

FedEx (FDX-N)
June 6, 2019

The lower price is not due to competition from AMZN-N. AMZN-N is 1 to 2 percent of revenues for FDX-N. Most of the headwinds have been trade related which are unwarranted because the US revenue from Chin is only 2%. They are having issues integrating their TNT express acquisition in Europe. If you ignore Ecommerce, and just consider business to business deliveries, it is very meaningful for companies. If anyone can use drones to make household deliveries, AMZN-Q can do it but it is very early days.

Ian Fung
Vice-president and portfolio manager, Davis Rea
Price
$156.850
Owned
Yes