Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
June 17, 2019
During extremely volatile periods it can rally massively, however in the long run you are going to lose significant amounts of value. It works great when you buy it and then the markets go down. He does not recommend it except for the most extreme professional market timers.
During extremely volatile periods it can rally massively, however in the long run you are going to lose significant amounts of value. It works great when you buy it and then the markets go down. He does not recommend it except for the most extreme professional market timers.
Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$4.780
Owned
Unknown
COMMENT
COMMENT
June 17, 2019
When you get a return of capital you are getting some of your own money back. In the next downturn, this will probably lose in the range of 30%. It's a fine ETF and the distributions are bigger than the underlying holdings. He does not like it from a couple of perspectives but there is nothing else wrong with it.
When you get a return of capital you are getting some of your own money back. In the next downturn, this will probably lose in the range of 30%. It's a fine ETF and the distributions are bigger than the underlying holdings. He does not like it from a couple of perspectives but there is nothing else wrong with it.
Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$6.860
Owned
Unknown
SELL STRENGTH
SELL STRENGTH
June 17, 2019
It is the most overvalued sector but AAPL-Q does not fall into that. It still has massive amounts of cash and from that prospective is quite cheap. The issue is the Chinese trade deal because a lot of their growth (1/3rd) is from international. He would be thinking about lightening up, selling rallies. It is unlikely that this bull in it will continue.
Apple (AAPL-Q)
June 17, 2019
It is the most overvalued sector but AAPL-Q does not fall into that. It still has massive amounts of cash and from that prospective is quite cheap. The issue is the Chinese trade deal because a lot of their growth (1/3rd) is from international. He would be thinking about lightening up, selling rallies. It is unlikely that this bull in it will continue.
Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$193.890
Owned
Unknown
BUY
BUY
June 17, 2019

[Is there something better?] He likes international: ZWE-T or ZWP-T depending on currency exposure preference. They are taxed higher than in Canada. He likes European dividends.

[Is there something better?] He likes international: ZWE-T or ZWP-T depending on currency exposure preference. They are taxed higher than in Canada. He likes European dividends.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$86.000
Owned
Unknown
DON'T BUY
DON'T BUY
June 17, 2019

We are beginning to see a little bit of a war in the telecommunication industry. We may be into a little bit of a price war. They have not competed to date as well with BCE's fiber to the home. When these guys fight for market share that is the time to look at cash flow. He'd be hesitant to invest in this one if going into the group.

We are beginning to see a little bit of a war in the telecommunication industry. We may be into a little bit of a price war. They have not competed to date as well with BCE's fiber to the home. When these guys fight for market share that is the time to look at cash flow. He'd be hesitant to invest in this one if going into the group.

Michael Sprung
President, Sprung Investment Management
Price
$69.230
Owned
Unknown
BUY
BUY
June 17, 2019
It is a good buy at these levels. It is under pressure with world oil prices. It is an extremely well run company and internationally diversified. Their payout ratio is on the high side. Debt to cash flow is a little above industry norms but not significant. The dividend is secure, at least for the time being.
It is a good buy at these levels. It is under pressure with world oil prices. It is an extremely well run company and internationally diversified. Their payout ratio is on the high side. Debt to cash flow is a little above industry norms but not significant. The dividend is secure, at least for the time being.
Michael Sprung
President, Sprung Investment Management
Price
$27.420
Owned
Unknown
BUY
BUY
June 17, 2019
There is a bit of friction between the various providers. We are seeing the introduction of new and bigger data plans with more reasonable pricing. It is one of the ones he would look at within the industry.
BCE Inc. (BCE-T)
June 17, 2019
There is a bit of friction between the various providers. We are seeing the introduction of new and bigger data plans with more reasonable pricing. It is one of the ones he would look at within the industry.
Michael Sprung
President, Sprung Investment Management
Price
$59.440
Owned
Unknown