Latest Expert Opinions

Signal
Opinion
Expert
Chart
BUY WEAKNESS
BUY WEAKNESS
June 8, 2021

Well-run, have been cutting costs. He owns no energy, and he prefers energy infrastructure like Pembina. Suncor, though, is a good operator, but he's skeptical about the medium-term outlook on oil, because there are countries that are eager to turn on the taps which will add to world supply. For SU, buy on any pullback. The dividend is safe, because they are generating free cash flow due to rising oil prices.

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Well-run, have been cutting costs. He owns no energy, and he prefers energy infrastructure like Pembina. Suncor, though, is a good operator, but he's skeptical about the medium-term outlook on oil, because there are countries that are eager to turn on the taps which will add to world supply. For SU, buy on any pullback. The dividend is safe, because they are generating free cash flow due to rising oil prices.

Chris Blumas
Price
$30.720
Owned
No
DON'T BUY
DON'T BUY
June 8, 2021
A perpetually challenging stock. They now focus on aircraft. Their balance sheet continues to be a problem; they're still burning cash flow even though they're winding down their capex program this year. As demand for business jets increases with reopening, then their balance sheet can improve in coming years, though it's not guaranteed. He would avoid this.
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A perpetually challenging stock. They now focus on aircraft. Their balance sheet continues to be a problem; they're still burning cash flow even though they're winding down their capex program this year. As demand for business jets increases with reopening, then their balance sheet can improve in coming years, though it's not guaranteed. He would avoid this.
Chris Blumas
Price
$1.070
Owned
No
BUY WEAKNESS
BUY WEAKNESS
June 8, 2021
They recently increased their potash output. They've done a good job streamlining operations. They are worth watching, but he's cautious, because there is low-cost production coming out of eastern Europe. Enter on a pullback at $60. He used to own this, but not now.
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Nutrien Ltd. (NTR-T)
June 8, 2021
They recently increased their potash output. They've done a good job streamlining operations. They are worth watching, but he's cautious, because there is low-cost production coming out of eastern Europe. Enter on a pullback at $60. He used to own this, but not now.
Chris Blumas
Price
$78.330
Owned
No
BUY
BUY
June 8, 2021
He's taking a serious look at this. They're in a unique situation: they will sell some assets and acquire Discovery, and will cut their dividend in mid-2022 by roughly 40%, though it is high right now. Their new CEO started last year, and things seem to be heading in the right direction. If you want income, you can still invest in this and hold it in an RRSP. It trades around 9x earnings. The Canadian telecoms are a lot more expensive, by comparison at 17-19x PE, but you'd buy these for the dividends.
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AT&T (T-N)
June 8, 2021
He's taking a serious look at this. They're in a unique situation: they will sell some assets and acquire Discovery, and will cut their dividend in mid-2022 by roughly 40%, though it is high right now. Their new CEO started last year, and things seem to be heading in the right direction. If you want income, you can still invest in this and hold it in an RRSP. It trades around 9x earnings. The Canadian telecoms are a lot more expensive, by comparison at 17-19x PE, but you'd buy these for the dividends.
Chris Blumas
Price
$28.820
Owned
No
SELL
SELL
June 8, 2021
Canadian forestry stocks Lumber prices have seen a huge rise this year along with many commodities, given demand but also supply constraints caused by the pandemic. As a group these stocks are discounting $400-500 against lumber futures, which show that prices will come down. He's wary of these stocks. He would sell. The good times won't last forever, and things can change very quickly.
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Canadian forestry stocks Lumber prices have seen a huge rise this year along with many commodities, given demand but also supply constraints caused by the pandemic. As a group these stocks are discounting $400-500 against lumber futures, which show that prices will come down. He's wary of these stocks. He would sell. The good times won't last forever, and things can change very quickly.
Chris Blumas
Price
$27.900
Owned
No
PAST TOP PICK
PAST TOP PICK
June 8, 2021
(A Top Pick Jul 08/20, Up 11%) He's still buying it. It pulled back earlier this year due to higher freight costs so they lowered their guidance, but the growth outlook is phenomenal. Their stores perform very well, and they're trying more products above $1. They can do well in a good or bad economy. Resilient.
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Dollar Tree (DLTR-Q)
June 8, 2021
(A Top Pick Jul 08/20, Up 11%) He's still buying it. It pulled back earlier this year due to higher freight costs so they lowered their guidance, but the growth outlook is phenomenal. Their stores perform very well, and they're trying more products above $1. They can do well in a good or bad economy. Resilient.
Chris Blumas
Price
$101.310
Owned
Yes
PAST TOP PICK
PAST TOP PICK
June 8, 2021
(A Top Pick Jul 08/20, Up 27%) He still likes it. A super compounder. Revenue came off a little due to Covid, so growth has lagged peers, but recent quarterly numbers shows growth started to pick up, due to a backlog in bookings. Cash flow remains very strong, so they can buyback shares or complete acquisitions. Likes the valuation.
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(A Top Pick Jul 08/20, Up 27%) He still likes it. A super compounder. Revenue came off a little due to Covid, so growth has lagged peers, but recent quarterly numbers shows growth started to pick up, due to a backlog in bookings. Cash flow remains very strong, so they can buyback shares or complete acquisitions. Likes the valuation.
Chris Blumas
Price
$108.380
Owned
Yes