Latest Expert Opinions

Signal
Opinion
Expert
HOLD
HOLD
November 6, 2019
Gold is not expensive. Barrick increased its dividend and he likes their management. The Chinese Central bank has been steadily building gold inventory. They want to move their reserves up to the likes of the US, Germany, etc. No major reserves are being discovered, so eventually prices will rise. Gold prices today will start some exploration across the sector. Gold prices could find resistance around $1719 /oz. Seasonally, gold prices usually rise from after US Thanksgiving into the spring.
Barrick Gold (ABX-T)
November 6, 2019
Gold is not expensive. Barrick increased its dividend and he likes their management. The Chinese Central bank has been steadily building gold inventory. They want to move their reserves up to the likes of the US, Germany, etc. No major reserves are being discovered, so eventually prices will rise. Gold prices today will start some exploration across the sector. Gold prices could find resistance around $1719 /oz. Seasonally, gold prices usually rise from after US Thanksgiving into the spring.
Rick Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$21.780
Owned
Unknown
HOLD
HOLD
November 6, 2019
He owns this and has for quite some time. It is more sensitive to market moves as it has a large presence in the financial capital market space. So if you are bullish the market it will do better than the other Canadian banks.
Royal Bank (RY-T)
November 6, 2019
He owns this and has for quite some time. It is more sensitive to market moves as it has a large presence in the financial capital market space. So if you are bullish the market it will do better than the other Canadian banks.
Rick Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$107.900
Owned
Yes
COMMENT
COMMENT
November 6, 2019
How big is their real estate exposure? A good bank for sure. Real Estate is studied internally to evaluate overall exposure. Don't worry too much about where they are concentrated, the banks have been doing this for over 170 years.
Bank of Montreal (BMO-T)
November 6, 2019
How big is their real estate exposure? A good bank for sure. Real Estate is studied internally to evaluate overall exposure. Don't worry too much about where they are concentrated, the banks have been doing this for over 170 years.
Rick Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$99.210
Owned
Unknown
COMMENT
COMMENT
November 6, 2019
Will they continue to outperform their peers? Every cycle sees the laggard become the leader and then vice versa. The Canadian banks are all about the same in long term returns. CM is the smaller of the Big 5 banks. RY has been consistently the largest bank, however. CM-T does have the highest current dividend yield.
Royal Bank (RY-T)
November 6, 2019
Will they continue to outperform their peers? Every cycle sees the laggard become the leader and then vice versa. The Canadian banks are all about the same in long term returns. CM is the smaller of the Big 5 banks. RY has been consistently the largest bank, however. CM-T does have the highest current dividend yield.
Rick Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$107.900
Owned
Unknown
COMMENT
COMMENT
November 6, 2019
Will they continue to outperform their peers? Every cycle sees the laggard become the leader and then vice versa. The Canadian banks are all about the same in long term returns. CM is the smaller of the Big 5 banks. RY has been consistently the largest bank, however. CM-T does have the highest current dividend yield.
Will they continue to outperform their peers? Every cycle sees the laggard become the leader and then vice versa. The Canadian banks are all about the same in long term returns. CM is the smaller of the Big 5 banks. RY has been consistently the largest bank, however. CM-T does have the highest current dividend yield.
Rick Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$114.280
Owned
Unknown
BUY
BUY
November 6, 2019
Down 10% today Amazon has not a substantial impact on the bigger box stores yet -- Canadian Tire included. The stores remain busy. Consider them as trading opportunities. The fourth quarter is usually a good earnings time. If you can buy it today at a discount you should.
Down 10% today Amazon has not a substantial impact on the bigger box stores yet -- Canadian Tire included. The stores remain busy. Consider them as trading opportunities. The fourth quarter is usually a good earnings time. If you can buy it today at a discount you should.
Rick Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$143.970
Owned
Unknown
COMMENT
COMMENT
November 6, 2019
It is a Hong Kong focused Asian bank -- two hot spots right now. Democracy will hopefully prevail in Hong Kong, but it is tough for the bank right now.
It is a Hong Kong focused Asian bank -- two hot spots right now. Democracy will hopefully prevail in Hong Kong, but it is tough for the bank right now.
Rick Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$38.460
Owned
Unknown