Latest Expert Opinions

Signal
Opinion
Expert
HOLD
HOLD
November 8, 2019
Low interest rates? He bought the preferred shares and common stock during the last financial crisis and it has been a great stock for them. Money is flowing back into their investment business. Even in low interest rates they are prospering.
Low interest rates? He bought the preferred shares and common stock during the last financial crisis and it has been a great stock for them. Money is flowing back into their investment business. Even in low interest rates they are prospering.
Norman Levine
Managing Director, Portfolio Management Corp
Price
$60.980
Owned
Yes
DON'T BUY
DON'T BUY
November 8, 2019
He owned it earlier this year. He thought it would benefit when the North American Free Trade Agreement would be approved. That didn't quite materialize in the time line he expected. He thinks there may be better plays in the auto parts area.
Linamar Corp (LNR-T)
November 8, 2019
He owned it earlier this year. He thought it would benefit when the North American Free Trade Agreement would be approved. That didn't quite materialize in the time line he expected. He thinks there may be better plays in the auto parts area.
Norman Levine
Managing Director, Portfolio Management Corp
Price
$45.830
Owned
No
DON'T BUY
DON'T BUY
November 8, 2019
He has been negative about cannabis stocks from day one. Yes, he missed the speculative run up, but he has avoided the down run as well. The sector is still in the first inning -- it is too early to know who will be the dominant players. Other sin stock sectors, like tobacco and alcohol, there are only a few large key players. When he can predict sales, earnings, cash flows then he will be willing to invest. The short term outlook looks scary as locked-in stock will be flooding the market soon. The hype is just too much. Stay away.
He has been negative about cannabis stocks from day one. Yes, he missed the speculative run up, but he has avoided the down run as well. The sector is still in the first inning -- it is too early to know who will be the dominant players. Other sin stock sectors, like tobacco and alcohol, there are only a few large key players. When he can predict sales, earnings, cash flows then he will be willing to invest. The short term outlook looks scary as locked-in stock will be flooding the market soon. The hype is just too much. Stay away.
Norman Levine
Managing Director, Portfolio Management Corp
Price
$25.130
Owned
No
COMMENT
COMMENT
November 8, 2019
Westjet purchase? The purchase of on airline has always been a goal of Onex -- especially in the duopoly in Canada. Onex is largely a private equity company and sometimes accused of putting management ahead of shareholder needs. He worries a little about the valuation that private equity companies are carrying their investments at.
Onex Corp (ONEX-T)
November 8, 2019
Westjet purchase? The purchase of on airline has always been a goal of Onex -- especially in the duopoly in Canada. Onex is largely a private equity company and sometimes accused of putting management ahead of shareholder needs. He worries a little about the valuation that private equity companies are carrying their investments at.
Norman Levine
Managing Director, Portfolio Management Corp
Price
$80.210
Owned
Unknown
HOLD
HOLD
November 8, 2019
He owns BNS and has for a while. It is the least Canadian of the big 6 banks in Canada -- holding the least amount of assets in Canada. They have large holdings in Latin America and elsewhere. He holds US banks for exposure there.
He owns BNS and has for a while. It is the least Canadian of the big 6 banks in Canada -- holding the least amount of assets in Canada. They have large holdings in Latin America and elsewhere. He holds US banks for exposure there.
Norman Levine
Managing Director, Portfolio Management Corp
Price
$76.420
Owned
Yes
HOLD
HOLD
November 8, 2019
For some of his income focused accounts he holds VET. He thinks the dividend is safe. He still believes in management. There have been some operational issues, but overall they seem to be doing well. He was concerned about their acquisition of Saskatchewan assets a year ago -- increasing in Canada was going away from their foreign asset strategy. Yield 14%
For some of his income focused accounts he holds VET. He thinks the dividend is safe. He still believes in management. There have been some operational issues, but overall they seem to be doing well. He was concerned about their acquisition of Saskatchewan assets a year ago -- increasing in Canada was going away from their foreign asset strategy. Yield 14%
Norman Levine
Managing Director, Portfolio Management Corp
Price
$19.800
Owned
Yes
SPECULATIVE BUY
SPECULATIVE BUY
November 8, 2019
He used to own this. It is mostly a BC natural gas producer. Natural gas prices have been depressed and a lack of northern BC pipeline access has been shown in the stock price. He likes the management team, but the fundamentals are still a concern. Lately natural gas prices have been improving, but he wants to hold it long term. Maybe its a better short term trade. When LNG gets going on the west coast it will benefit.
Arc Resources Ltd (ARX-T)
November 8, 2019
He used to own this. It is mostly a BC natural gas producer. Natural gas prices have been depressed and a lack of northern BC pipeline access has been shown in the stock price. He likes the management team, but the fundamentals are still a concern. Lately natural gas prices have been improving, but he wants to hold it long term. Maybe its a better short term trade. When LNG gets going on the west coast it will benefit.
Norman Levine
Managing Director, Portfolio Management Corp
Price
$6.470
Owned
No