Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
November 13, 2020
Likes it. They have had a good move recently. It fits into the industrial and material bucket. There is a stealth rally going on which is forecasting an improved economy. These companies have done quite well during the pandemic. Valuation is good, return on equity is positive, and the balance sheet is good. Could still buy it here for the cyclical recovery.
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Likes it. They have had a good move recently. It fits into the industrial and material bucket. There is a stealth rally going on which is forecasting an improved economy. These companies have done quite well during the pandemic. Valuation is good, return on equity is positive, and the balance sheet is good. Could still buy it here for the cyclical recovery.
DON'T BUY
DON'T BUY
November 13, 2020
It is part of the beaten down energy related stocks. Debt is a problem, it is expensive on a EBITA bases and price momentum has been poor. It is not quite cheap enough. It has not come off the bottom. It could be subject to tax loss selling. It is too dangerous to short, but it is also not own-able.
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It is part of the beaten down energy related stocks. Debt is a problem, it is expensive on a EBITA bases and price momentum has been poor. It is not quite cheap enough. It has not come off the bottom. It could be subject to tax loss selling. It is too dangerous to short, but it is also not own-able.
BUY
BUY
November 13, 2020
One of the only sectors they do not trade because of the difficulty to model for them. In a world where central banks are stimulating like crazy, it is understandable to want gold. Currency devaluation is a real risk. It scores well under their metrics. A value stock. High return on equity, at 24%, 14x earnings and good balance sheet. Their resource life is shorter than others but they have made acquisitions.
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Kirkland Lake Gold (KL-T)
November 13, 2020
One of the only sectors they do not trade because of the difficulty to model for them. In a world where central banks are stimulating like crazy, it is understandable to want gold. Currency devaluation is a real risk. It scores well under their metrics. A value stock. High return on equity, at 24%, 14x earnings and good balance sheet. Their resource life is shorter than others but they have made acquisitions.
HOLD
HOLD
November 13, 2020
It is the middle of the pack. The price momentum has held him back. Valuation is decent at 5x EBITA and 8x PE. The 5.5% yield is healthy with a reasonable payout ratio of 65%. Needs a little more positive fund flow before taking a position.
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It is the middle of the pack. The price momentum has held him back. Valuation is decent at 5x EBITA and 8x PE. The 5.5% yield is healthy with a reasonable payout ratio of 65%. Needs a little more positive fund flow before taking a position.
SHORT
SHORT
November 13, 2020
One of those stressed companies in terms of earnings quality. They have shorted it. The short positions have had a shock to the system on Monday with a rush to cover cyclical recovery. Price momentum is mediocre and valuation is not there. They have negative return on equity and no real yield. Still in the penalty box.
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One of those stressed companies in terms of earnings quality. They have shorted it. The short positions have had a shock to the system on Monday with a rush to cover cyclical recovery. Price momentum is mediocre and valuation is not there. They have negative return on equity and no real yield. Still in the penalty box.
COMMENT
COMMENT
November 13, 2020
Owns Transalta renewables. The utility sector as a whole suffers from being not too cheap, fairly leveraged and so he would prefer to get companies that have better cashflow.
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PPL Corp (PPL-N)
November 13, 2020
Owns Transalta renewables. The utility sector as a whole suffers from being not too cheap, fairly leveraged and so he would prefer to get companies that have better cashflow.
COMMENT
COMMENT
November 13, 2020
Owns Transalta renewables. The utility sector as a whole suffers from being not too cheap, fairly leveraged and so he would prefer to get companies that have better cashflow.
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Transalta Corp (TA-T)
November 13, 2020
Owns Transalta renewables. The utility sector as a whole suffers from being not too cheap, fairly leveraged and so he would prefer to get companies that have better cashflow.