Latest Expert Opinions

Signal
Opinion
Expert
HOLD
HOLD
September 9, 2019
Risk is the valuation, and the landscape changes quickly. Discount retailers have done better, and do better in down market environments. Will continue to do well. Not sure there's anything to be concerned about. Wouldn't have a huge position, but wouldn't be in a rush to sell.
Costco Wholesale (COST-Q)
September 9, 2019
Risk is the valuation, and the landscape changes quickly. Discount retailers have done better, and do better in down market environments. Will continue to do well. Not sure there's anything to be concerned about. Wouldn't have a huge position, but wouldn't be in a rush to sell.
John Zechner
Chairman, J. Zechner & Assoc
Price
$299.000
Owned
Unknown
HOLD
HOLD
September 9, 2019
Valuations on rails have come down. He's fine with the rails in here. Short-term risk for the entire group is the economy and trade. Earning estimates are coming down across the board. (Analysts’ price target is $186.00)
Union Pacific Corp (UNP-N)
September 9, 2019
Valuations on rails have come down. He's fine with the rails in here. Short-term risk for the entire group is the economy and trade. Earning estimates are coming down across the board. (Analysts’ price target is $186.00)
John Zechner
Chairman, J. Zechner & Assoc
Price
$166.120
Owned
Unknown
BUY
BUY
September 9, 2019
Big problem was buildup of debt. But this has been corrected to some degree. Decent dividend. Risk with Line 3 and 5, but regulatory risk will always be there. Valuations are more reasonable than they've been for a while.
Enbridge (ENB-T)
September 9, 2019
Big problem was buildup of debt. But this has been corrected to some degree. Decent dividend. Risk with Line 3 and 5, but regulatory risk will always be there. Valuations are more reasonable than they've been for a while.
John Zechner
Chairman, J. Zechner & Assoc
Price
$45.300
Owned
Yes
DON'T BUY
DON'T BUY
September 9, 2019
Still growing. Biggest problem is valuation. Plus, US housing market, which he thinks is rolling over. Not a lot of demand for what HD sells. Buying back their own stock is a risk going forward too.
Home Depot (HD-N)
September 9, 2019
Still growing. Biggest problem is valuation. Plus, US housing market, which he thinks is rolling over. Not a lot of demand for what HD sells. Buying back their own stock is a risk going forward too.
John Zechner
Chairman, J. Zechner & Assoc
Price
$232.870
Owned
Unknown
HOLD
HOLD
September 9, 2019
Bad news is already factored in. Bringing health care into the mix will give them more sustainable earnings, downturn resistant earnings, and maintain the multiple. Don't rush to sell this.
Bad news is already factored in. Bringing health care into the mix will give them more sustainable earnings, downturn resistant earnings, and maintain the multiple. Don't rush to sell this.
John Zechner
Chairman, J. Zechner & Assoc
Price
$55.590
Owned
Unknown
BUY
BUY
September 9, 2019
Chart does look soft. One of best managed companies out there. They don't make money every year, but over the long term, they make a substantial amount and pay down their debt. Balance sheet is better, and they have cash. China is a short-term risk. Great quality assets. Strong management. De facto core holding in the sector. (Analysts’ price target is $37.37)
Chart does look soft. One of best managed companies out there. They don't make money every year, but over the long term, they make a substantial amount and pay down their debt. Balance sheet is better, and they have cash. China is a short-term risk. Great quality assets. Strong management. De facto core holding in the sector. (Analysts’ price target is $37.37)
John Zechner
Chairman, J. Zechner & Assoc
Price
$23.510
Owned
Yes
HOLD
HOLD
September 9, 2019
Doesn't own any banks right now. Need to show loan growth. Yield curve makes it hard to make money. Dividend not at risk. No earnings growth. Some risk from over-indebted Canadian consumer. Valuations are cheap. Long-term, you can hold it for the yield. Corporate debt is one of the biggest landmines out there.
Royal Bank (RY-T)
September 9, 2019
Doesn't own any banks right now. Need to show loan growth. Yield curve makes it hard to make money. Dividend not at risk. No earnings growth. Some risk from over-indebted Canadian consumer. Valuations are cheap. Long-term, you can hold it for the yield. Corporate debt is one of the biggest landmines out there.
John Zechner
Chairman, J. Zechner & Assoc
Price
$101.240
Owned
No