Latest Expert Opinions

Signal
Opinion
Expert
BUY WEAKNESS
BUY WEAKNESS
November 12, 2020
Likes the group as a whole. Level of loss provisions has peaked. US economy has improved faster than thought, a good sign. In Canada, financial assistance has helped on the mortgage side. Watch as mortgage moratorium ends. Yields are attractive, but not allowed to increase this year. Attractive valuation. Hold, and buy on weak days like today.
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Toronto Dominion (TD-T)
November 12, 2020
Likes the group as a whole. Level of loss provisions has peaked. US economy has improved faster than thought, a good sign. In Canada, financial assistance has helped on the mortgage side. Watch as mortgage moratorium ends. Yields are attractive, but not allowed to increase this year. Attractive valuation. Hold, and buy on weak days like today.
BUY WEAKNESS
BUY WEAKNESS
November 12, 2020
Likes cloud growth and recurring revenue. Wait for a 5-10% pullback to start a position. Likes its positioning for the long-term.
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Microsoft (MSFT-Q)
November 12, 2020
Likes cloud growth and recurring revenue. Wait for a 5-10% pullback to start a position. Likes its positioning for the long-term.
DON'T BUY
DON'T BUY
November 12, 2020
Tremendous performer through the pandemic. Huge multiples, doesn't make money, huge expectations on the stock. 1/3 of client base is small business, and the retention rate is very low. Pandemic has given it momentum. Competing products out there. Wouldn't buy it here.
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Tremendous performer through the pandemic. Huge multiples, doesn't make money, huge expectations on the stock. 1/3 of client base is small business, and the retention rate is very low. Pandemic has given it momentum. Competing products out there. Wouldn't buy it here.
TOP PICK
TOP PICK
November 12, 2020
Long-term growth. #1 with a 17% global share. Service contract side is very attractive, with very high margins. Service accounts for 57% of revenue, but 80% of profit. High renewal rate, long contracts. Defensive cashflow, more recession-resistant. Great upgrade cycle coming up. Yield is 1.21%. (Analysts’ price target is $69.30)
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Long-term growth. #1 with a 17% global share. Service contract side is very attractive, with very high margins. Service accounts for 57% of revenue, but 80% of profit. High renewal rate, long contracts. Defensive cashflow, more recession-resistant. Great upgrade cycle coming up. Yield is 1.21%. (Analysts’ price target is $69.30)
TOP PICK
TOP PICK
November 12, 2020
Benefits from secular trend to plastic. Revenues and earnings were down, when typically these grow. Transaction volume was down, but this will return when the economy recovers. (Analysts’ price target is $221.09)
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Visa Inc. (V-N)
November 12, 2020
Benefits from secular trend to plastic. Revenues and earnings were down, when typically these grow. Transaction volume was down, but this will return when the economy recovers. (Analysts’ price target is $221.09)
TOP PICK
TOP PICK
November 12, 2020
Global design and engineering. Organic and acquisition growth. Lots of dry powder to put to work for M&As. Well positioned in transportation infrastructure in the US, a natural beneficiary of government stimulus. Yield is 1.69%. (Analysts’ price target is $99.15)
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WSP Global Inc. (WSP-T)
November 12, 2020
Global design and engineering. Organic and acquisition growth. Lots of dry powder to put to work for M&As. Well positioned in transportation infrastructure in the US, a natural beneficiary of government stimulus. Yield is 1.69%. (Analysts’ price target is $99.15)