Latest Expert Opinions

Signal
Opinion
Expert
WAIT
WAIT
September 13, 2019

In the industrial base metal space in Canada, there is WTE-T and LIF-T. Both are very fairly priced right now. A highly commodity focused and cyclical business. This space is best to buy into when stock prices have been really hard hit. Global growth for steel trade is becoming a concern. It is not a good time to enter. The yield on LIF-T is 3.8%.

In the industrial base metal space in Canada, there is WTE-T and LIF-T. Both are very fairly priced right now. A highly commodity focused and cyclical business. This space is best to buy into when stock prices have been really hard hit. Global growth for steel trade is becoming a concern. It is not a good time to enter. The yield on LIF-T is 3.8%.

Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$20.830
Owned
Unknown
DON'T BUY
DON'T BUY
September 13, 2019
Energy is oversold in general. ECA-T is more based in the US now. The company just doesn't seem to make as much money as others in the space. Not to say it can't go up if natural prices improve, he would just look for someone else. (Analysts’ price target is $10.00)
Encana Corp (ECA-T)
September 13, 2019
Energy is oversold in general. ECA-T is more based in the US now. The company just doesn't seem to make as much money as others in the space. Not to say it can't go up if natural prices improve, he would just look for someone else. (Analysts’ price target is $10.00)
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$6.320
Owned
No
DON'T BUY
DON'T BUY
September 13, 2019
Undervalued? In mining this one has been doing well. However, it has a short mine life, only about 8 years, so he sees it as a one asset company. He would stay away.
Undervalued? In mining this one has been doing well. However, it has a short mine life, only about 8 years, so he sees it as a one asset company. He would stay away.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$16.160
Owned
No
TOP PICK
TOP PICK
September 13, 2019
At this point in time, this is simply the highest free cash flow company in the space.
Arc Resources Ltd (ARX-T)
September 13, 2019
At this point in time, this is simply the highest free cash flow company in the space.
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$6.910
Owned
Yes
TOP PICK
TOP PICK
September 13, 2019
If oil prices live in this range and the differentials get fixed overtime, this company generates so much cash flow it holds no debt in 4 years time very conservatively, he thinks. Yield 4.45% (Analysts’ price target is $45.32)
If oil prices live in this range and the differentials get fixed overtime, this company generates so much cash flow it holds no debt in 4 years time very conservatively, he thinks. Yield 4.45% (Analysts’ price target is $45.32)
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$33.650
Owned
Yes
TOP PICK
TOP PICK
September 13, 2019
A company generating great free cash flow. The dividend is attractive. A great time to get into the space and this is a good company. Yield 7.86% (Analysts’ price target is $7.28)
Whitecap Resources (WCP-T)
September 13, 2019
A company generating great free cash flow. The dividend is attractive. A great time to get into the space and this is a good company. Yield 7.86% (Analysts’ price target is $7.28)
Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$4.450
Owned
Yes
COMMENT
COMMENT
September 13, 2019
You're buying something where big box retailers are dropping like flies and property valuation is very high. Right now, it's an odd space to be in. The retail space makes him cautious.
You're buying something where big box retailers are dropping like flies and property valuation is very high. Right now, it's an odd space to be in. The retail space makes him cautious.
John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$24.130
Owned
Unknown