Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
September 9, 2019
They had some recent improvements in equipment sales. They need a catalyst for people to be interested in this stock. Overall he thinks it is well run and they should do all right. They need the resource market to be doing well.
Finning Int (FTT-T)
September 9, 2019
They had some recent improvements in equipment sales. They need a catalyst for people to be interested in this stock. Overall he thinks it is well run and they should do all right. They need the resource market to be doing well.
Michael Sprung
President, Sprung Investment Management
Price
$23.260
Owned
No
BUY
BUY
September 9, 2019

He likes both companies. There was always a concern about ENB-T being able to finance their projects but they keep proving they can. He believes they will continue to perform fairly well. They are an attractive yield play.

Enbridge (ENB-T)
September 9, 2019

He likes both companies. There was always a concern about ENB-T being able to finance their projects but they keep proving they can. He believes they will continue to perform fairly well. They are an attractive yield play.

Michael Sprung
President, Sprung Investment Management
Price
$45.300
Owned
Yes
BUY
BUY
September 9, 2019

He likes both companies. There was always a concern about ENB-T being able to finance their projects but they keep proving they can. He believes they will continue to perform fairly well. They are an attractive yield play.

Inter Pipeline (IPL-T)
September 9, 2019

He likes both companies. There was always a concern about ENB-T being able to finance their projects but they keep proving they can. He believes they will continue to perform fairly well. They are an attractive yield play.

Michael Sprung
President, Sprung Investment Management
Price
$25.020
Owned
Yes
COMMENT
COMMENT
September 9, 2019

This and TD-T are not two of the banks he not is invested in. You always have to look at what businesses they are in. Both grew significantly in the US. He prefers BMO-T over TD-T because it has less premium to book value than TD-T is selling at.

Bank of Montreal (BMO-T)
September 9, 2019

This and TD-T are not two of the banks he not is invested in. You always have to look at what businesses they are in. Both grew significantly in the US. He prefers BMO-T over TD-T because it has less premium to book value than TD-T is selling at.

Michael Sprung
President, Sprung Investment Management
Price
$93.210
Owned
No
PAST TOP PICK
PAST TOP PICK
September 9, 2019
(A Top Pick Aug 22/18, Down 3%) He continues to own and recommend it. We have seen some of the banks pull back in the last little while. It is trading between 1.3 and 1.4 times book. Their south American exposure slowed them down a bit. They are a well capitalized bank. He would continue to recommend it.
Bank of Nova Scotia (BNS-T)
September 9, 2019
(A Top Pick Aug 22/18, Down 3%) He continues to own and recommend it. We have seen some of the banks pull back in the last little while. It is trading between 1.3 and 1.4 times book. Their south American exposure slowed them down a bit. They are a well capitalized bank. He would continue to recommend it.
Michael Sprung
President, Sprung Investment Management
Price
$72.570
Owned
Yes
PAST TOP PICK
PAST TOP PICK
September 9, 2019
(A Top Pick Aug 22/18, Down 27%) Even the heavy weights have reflected the environment they are in. It is still solidly producing positive cash flow.
(A Top Pick Aug 22/18, Down 27%) Even the heavy weights have reflected the environment they are in. It is still solidly producing positive cash flow.
Michael Sprung
President, Sprung Investment Management
Price
$32.570
Owned
Yes
PAST TOP PICK
PAST TOP PICK
September 9, 2019

(A Top Pick Aug 22/18, Up 10%) They also have the bakery side of the business where they have invested a lot into the business. A lot of it depends on L-T plus exposure to CHP.UN-T. He would highly recommend it at $100. They are the dominant player in the Canadian grocery business.

George Weston Ltd. (WN-T)
September 9, 2019

(A Top Pick Aug 22/18, Up 10%) They also have the bakery side of the business where they have invested a lot into the business. A lot of it depends on L-T plus exposure to CHP.UN-T. He would highly recommend it at $100. They are the dominant player in the Canadian grocery business.

Michael Sprung
President, Sprung Investment Management
Price
$111.300
Owned
Yes