| Comment | 36.250 | David Baskin | Has never been a fan of Thomson. It has now down this merger with Reuters and is getting away from the paper business into the electronic screen business. He would like to see 6 months to a year of operations to see what happens. | 2008-05-13 | |
| TOP PICK | 37.000 | Norman Levine | Likes merger of Thomson and Reuters. Good concentration in the financials, which is a long-term opportunity for them. Near-term the market does not like this; so take advantage that the stock is down. | 2008-05-12 | |
| BUY | 37.300 | Bruce Campbell | He bought this in 2 traunches at $33 and $35. It popped since then based on the closing of the merger and a good first quarter. | 2008-05-09 | |
| TOP PICK | 37.600 | Greg A. Taylor, CFA, BBA | You have a chance right now to get it at a bit of a discount. With the Reuters Thompson combination, you've got a powerhouse in the data management. Have a lot of growth going on in financials and legal systems. | 2008-05-07 | |
| HOLD | 37.160 | David Burrows | Has been going through a makeover in the last number of years. On the one hand, they have created a global player that could be a significant growth player. The big concern is that their customers are financial service companies. He has nibbled and taken a very small bite of this one. | 2008-05-06 | |
| TOP PICK | 37.300 | Michael Sprung | (A Top Pick July 13/07. Down 17%.) Doesn't expect a big move in the next couple of months, but for long-term holders, this is the place to get in. As the synergies begin to evolved, he can see this in the high $40’s - $50’s over the next couple of years. | 2008-04-30 | |
| TOP PICK | 37.300 | Norman Levine | Probably the biggest e-commerce publisher in the world. Stock has gone nowhere for 10 years. Merger of Thomson and Reuters can create great cost savings and good growth down the way. In the near term, investors feel they are too exposed to the financial services business, which will hurt them. That's a short-term outlook and he will own it for the next 5 years. | 2008-04-30 | |
| TOP PICK | 38.580 | Duncan Stewart | This is a pairs trade by going Long Thomson Reuters (TRI-T) and Shorting Torstar (TS.B-T). One of the weird things happening is that people are still subscribing to newspapers but are not opening them. Contrast that with Thomson Reuters that is selling data. | 2008-04-25 | |
| BUY | 35.900 | Laura Wallace | The acquisition of Reuters was a great one. It increases the exposure to the financial services sector. Because of concerns on the financial, in the near term there will be some cyclical problems with this stock. Eventually they will throw off a ton of cash flow. | 2008-04-23 | |
| DON'T BUY | 35.580 | David Baskin | (Market Call Minute.) He is unconvinced. Thomson has a history of under performing and now he just gets to under perform on a bigger stage. | 2008-04-22 | |
| BUY | 35.570 | Ravi Sood | Just completed their merger, which created a lot of confusion with people trying to value the stock and hedge funds being involved trying to play the arbitrage. A wonderful second derivative way to play a rebound in financials. It fell with all the financials even though it is not a financial. Fabulously well run and well capitalized. A good one to salt away without the catastrophic risks of financials. Good for long-term. | 2008-04-21 | |
| BUY | 36.150 | Gordon Higgins, CA, MBA, CFA | A very compelling story. There will be throwing off $2 billion a year in free cash flow. The merger savings they are expected to realize is about $650 million, but expect to lose $150 million revenue. | 2008-04-17 | |
| TOP PICK | 36.910 | Michael Sprung | One of the leading providers of information into the legal sector and health care. Expect to see some real solid profitability increases. The synergies with the merger of Reuters are going to be huge. | 2008-04-15 | |
| TOP PICK | 37.200 | Bruce Campbell | Reuters was an accretive acquisition that makes them one of the two pre-eminent news providers and financial services going forward with good earnings growth of 10% to 15%. Thinks there is some short covering in advance of the deal that is being completed next week. | 2008-04-11 | |
| DON'T BUY | 36.600 | Brian Acker, CA | The model price is $34.09 giving it a negative differential of 5%, which is an improvement. He has been bearish on this stock for over 5 years. His only proviso is that the Reuters acquisition has not as yet been included in his numbers. | 2008-04-03 | |
| HOLD | 35.990 | Peter Brieger | Looking at this one because it has become incredibly cheap at 14.5X next year's earnings based on 1st call estimates. Provides a potential opportunity. | 2008-04-02 | |
| DON'T BUY | 34.520 | David Burrows | Going through a merger. They serve primarily financial services, resulting in the poor performance. Over the long term they will have strong cash flow growth, not time to enter though. | 2008-03-31 | |
| SELL | 34.520 | Lyle Stein | The merger that was just approved is an interesting event, putting the two companies together will be very difficult. Wouldn’t buy today. Sell. | 2008-03-28 | |
| TOP PICK | 34.950 | Michael Sprung | They’ve finally approved their merger. Major players in legal information. People underestimate the synergies that will come from merger. Return on equity has finally began to move upwards. | 2008-03-27 | |
| BUY | 36.000 | Laura Wallace | Very disappointed with the performance. Reuters acquisition was a great one. Good record of integrating acquisitions. Reuters just announced better-than-expected earnings. Stock is coming down because of concerns about the spending of financial services firms. Short term, demand is viewed to be weak. Longer term, there will be increasing deployment of their services. Attractive price. | 2008-03-12 | |
| TOP PICK | 33.110 | John Zechner | A lot of arbitragers are still tied into the Reuters stock and there really has only been a one-way street where they could sell. Once the deal closes, he expects to see a little bit of buying. Likes the deal and Reuters looks like they are beating their targets. Thomson’s last quarter was great. Valuation is as cheap as he has ever seen it. | 2008-03-06 | |
| HOLD | 32.770 | Robert Floyd | (Market Call Minute.) Decent company and well diversified assets but tends to trade on the expensive side. | 2008-02-29 | |
| TOP PICK | 33.590 | Bruce Campbell | All the approvals for the Reuters April acquisition look like they are in place. Stock is about 8X EBITDA but historically was 11. Because of Reuters, they will have exposure to financial business and services outlook in general. | 2008-02-28 | |
| DON'T BUY | 34.380 | Brian Acker, CA | Getting close to his model price of $32.59. That's a negative 6% differential. When the Reuters acquisition closes that will come on its balance sheet making it look quite a bit different. He guesses that his model price will deteriorate further. | 2008-02-27 | |
| HOLD | 34.550 | David Baskin | (Market Call Minute.) Has been dead money for years and years and in spite of the purchase of Reuters, there is still no real catalyst for the stock. | 2008-02-19 | |
| TOP PICK | 34.550 | Bill Shaw | Dividend is now over 3%. Looks like they are getting approval for the Reuters transaction. This will provide them with some great synergies. Very attractive price. | 2008-02-19 | |
| BUY | 35.140 | Andrew Guy, CFA | A couple of issues with. 1) It is media, which tends to be more economically sensitive. 2) They are going through a merger process with Reuters, which inevitably gives a shorting of Thompson, and long Reuters. Over the long term, it is a quality name that has a very strong market position. Great company for generating free cash flow, increasing its dividend yield and is trading at a great valuation. | 2008-02-06 | |
| BUY | 35.500 | Laura Wallace | (Market Call Minute.) Thinks concerns about financial spending is overdone. The Reuters acquisition was a good one for the company. | 2008-01-30 | |
| DON'T BUY | 34.500 | Brian Acker, CA | As a model price of $32.85, still an -8% differential. He has been saying for years that it is dead money. Looks like a Reuters deal is going to go through and once he sees this on the balance sheet, he expects his model price to go down even further. Their balance sheet is nothing but “goodwill”. | 2008-01-17 | |
| TOP PICK | 34.830 | Don Lato | Lowest multiple it's had in many years. Part of the decline in the stock was due to the US FTC review on Reuters acquisition would be delayed to coincide with the European review, probably in March. This should be a cash flow machine. | 2008-01-16 | |
| Comment | 36.510 | David Baskin | There is now a growth potential because of their acquisition of Reuters. Electronic newsgathering is the wave of the future. Certainly worth a look at this price. | 2008-01-14 | |
| BUY | 38.610 | Glenn Paradis, BA, CFA | Totally range bound between $38 and $45 for years. With the acquisition of Reuters, you have a global dominant player but there are integration risks. Credit crunch also means layoffs on Wall Street and those are the big customers. Would not buy and hold. | 2007-12-17 | |
| HOLD | 38.250 | John O'Connell, CFA | Been a frustrating company to own for a number of years. Good cash flow yield. Taken on a lot of debt to do the Reuters acquisition, but thinks it will work out quite nicely. Very big acquisition and will be a lot of integration costs. Could be affected in the short term as the financial services down size because of problems, the use of their terminals may fall. If you have a 3 to 5 year view, you could make a decent profit on it. | 2007-12-10 | |
| TOP PICK | 38.350 | John Zechner | Stock has turned down since they announced the Reuters acquisition. He likes the Reuters deal. Thinks it will be a legitimate contender to Bloomberg's. Well run company. | 2007-12-05 | |
| HOLD | 38.850 | Fred Ketchen | Merging with the Reuters organization, which will probably change their business model. Pays a dividend. Not an exciting stock. | 2007-11-27 | |
| DON'T BUY | 39.460 | Ron Meisels | He had thought the stock would hold above the $43 level, but something happened on a fundamental basis that knocked it down. The first sign something was happening when it broke below the 200-day moving average. $37 could possibly be a support level, but it's a falling knife. | 2007-11-23 | |
| SELL | 38.270 | Brian Acker, CA | Seeing huge deterioration in the fundamentals. Model price is $33.73, a negative 15% differential. Earnings are coming down and when the Reuters merger goes through, the balance sheet is going to get larger, which means the higher the earnings have to be. | 2007-11-20 | |
| TOP PICK | 43.170 | Michael Sprung | Seeing the profitability increasing now. The market has always underestimated the synergies that they might realize, both from their acquisitions and divestitures. Expects earnings per share over the next couple of years are going to go well beyond $2 a share. Cash flows are going to be well beyond $3 a share. | 2007-11-06 | |
| TOP PICK | 44.290 | Michael Sprung | Profitability growth play. Has been underestimated by market. Very dominant player in financial industry. From here will see a return on equity slowly increasing. Very smart, well managed company. | 2007-10-26 | |
| WAIT | 42.000 | Norman Levine | It is too early to look at this stock. There is still a potential 10-15% downside still in the stock. It is best to get in around mid 30's. | 2007-10-23 | |
| BUY on WEAKNESS | 42.750 | Peter Brieger | Loves it, but thinks the stock is expensive here. Buy at $40. | 2007-10-17 | |
| TOP PICK | 43.650 | Laura Wallace | Thnks the stock is not going to do much in the next quarter or so. Just acquired Reuters which is very well positioned outside the US. Thompson makes most of it's revenue outside of Canada, so if you want to invest outside of Canada with a Canadian stock this is a good bet. | 2007-10-15 | |
| DON'T BUY | 43.050 | David Burrows | The jury is out as to whether the Reuters deal will be positive or negative. | 2007-10-04 | |
| STRONG BUY | 42.450 | Chyanne Fickes | In the past 12 months they have completely reinvented themselves. There are not a lot of analysts’ reports that have really got into the guts of what the company has done in the last little while. A great little Buy here. Really cheap. | 2007-10-01 | |
| TOP PICK | 42.450 | Michael Sprung | Market is continuing to ignore the company and yet they continue to surprise on the up side. ROE, although skinny, is expanding. Feels the market underestimates what Reuters is going to do for them. Earnings should be over $2 in the next couple of years. Cash flow should be around $3.65. | 2007-10-01 | |
| TOP PICK | 43.460 | John Zechner | A lot of global portfolios are going to be looking at this as a decent long-term growth name. The merger with Reuters makes a lot of sense. Huge cost synergies. Valuation is attractive. Could become a good growth story. | 2007-09-12 | |
| TOP PICK | 43.340 | Bill Carrigan | A laggard and is overlooked. Has been in a long Bear. The long-term trend is still creeping higher (a stealth advance). Kind of a place he would like to hide in a nervous market. | 2007-09-05 | |
| TOP PICK | 44.700 | Michael Sprung | (Past Top Pick Oct 18/06. Down 3.2%.) Reuter’s acquisition highly underestimated. Good prospects going forward. Did some positive surprises last year, but stock did not react. Sold their learning division for more than what was expected. One of the domin | 2007-08-31 | |
| BUY | 43.850 | Chris Smith | Sold their educational side and is acquiring Reuters. This is the most important move they have made in the last couple of years. Stock has proved to be defensive in this volatile market. Has always been an expensive stock and is starting to grow into it | 2007-08-30 | |
| DON'T BUY | 43.690 | Norman Levine | Likes the business they are in, but not necessarily the stock right now. Went sideways for a number of years because valuation was very full and had slow growth. Acquisition of Reuters will give a whole new look. More financial, much bigger growth potent | 2007-08-29 | |
| BUY | 44.200 | John O'Connell, CFA | Good longer-term investment. Steady stream of income from different professions, which tend to be subscription-based. Good free cash flow. Expect dividends will be increased over time. | 2007-08-27 | |
| DON'T BUY | 42.430 | Jeff Parent | Going sideways. There could be a couple of $’s on the upside. Very limited upside. | 2007-08-15 | |
| WAIT | 42.430 | Norman Levine | A great company with great management. Its Reuters acquisition was a very strategic one. This will dramatically change the company for the better, but it paid a very full price for it. May have to do a share issue in the meantime. Would consider below $40. | 2007-08-15 | |
| DON'T BUY | 42.630 | Peter Brieger | Lets the company and subscribes to their financial services, but they are very high-priced. They have been stuck in one area and not sure what will move them out of that space. | 2007-08-14 | |
| Comment | 42.150 | Robert Floyd | Has been a busy year with selling off some assets and acquiring others. Tends to trade at a fairly rich price/earnings ratio, so your entry points have to be critical. | 2007-08-10 | |
| TOP PICK | 42.150 | Michael Sprung | Believes the market is underestimating what they combination with Reuters is going to do for them. Have been very good at making data available to the legal world but also giving analytical tools for research. Reuters has lacked this. | 2007-08-10 | |
| DON'T BUY | 43.200 | David Burrows | Media companies have been having a tough time. Pullback in price is not company specific, but is due to a weak market/sector. Has had a hard time rallying in the last bull market, so will have a tougher time in a weak market. | 2007-08-09 | |
| TOP PICK | 43.200 | Michael Smedley | Likes the merger with Reuters. This is causing a big stir in Europe because Reuters is heavily European. Think they will do well. | 2007-08-09 | |
| BUY | 43.940 | Gavin Graham | This is about legal, medical and other specialized information. Recently acquired Reuters. Should do pretty well. | 2007-08-08 | |
| TOP PICK | 43.500 | Laura Wallace | The Reuters acquisition is a company-changing event. It’ll put the company into 1st place in terms of financial services. Gives it a global footprint. Likes the long-term potential of financial services. Good price. | 2007-08-02 | |
| BUY | 44.550 | Bill Carrigan | This one may be a little bit economy/interest sensitive. It is right back down to support again. Thanks it is okay. | 2007-07-30 | |
| TOP PICK | 44.710 | Jonathen Wellum, B. Comm, B. Sc | Most of their business is in the US so have had currency headwinds. Have great databases. Stock has come off because of the Reuters acquisition. Feels this transaction is going to add further value to the stock. | 2007-07-26 | |
| PAST TOP PICK | 45.110 | Brendan Caldwell | (A Top Pick Feb 27/07. Down 6.1%.) The recent Reuters acquisition can be a very positive and accretive one for them. | 2007-07-24 | |
| DON'T BUY | 46.000 | Norman Levine | As being extremely volatile over the last few months. Their acquisition of Reuters is an excellent long-term strategic move. In the near term, it is expensive. There could be a share issue, which might be an opportunity to Buy. Could also buy near the last low of about $41. | 2007-07-18 | |
| TOP PICK | 46.190 | Michael Sprung | Very optimistic on their Reuters acquisition. At this price, a good long-term Buy. The cash flow generating capability is going to be tremendous going forward. | 2007-07-13 | |
| WEAK BUY | 43.500 | Peter Brieger | A great company, one of the best in it's field. But is expensive at 23 to 25 times earnings. If you are a trader, you can buy at around 40 and sell at 50, and make some money, but otherwise buy for the long term (2 to 3 years). | 2007-06-29 | |
| BUY | 43.760 | David Driscoll | The Reuters acquisition was a terrific play for them. This will really elevate their opportunities globally for higher margins. | 2007-06-22 | |
| DON'T BUY | 44.350 | David Baskin | Acquisition of Reuters puts them head-to-head with Bloomberg's has investors nervous. Investors have been under rewarded with this company in the past. | 2007-06-19 | |
| PAST TOP PICK | 45.170 | Michael Sprung | Then $44.78
In a business that they really like. They cater to the professional market.
| 2007-06-15 | |
| TOP PICK | 45.170 | Michael Sprung | Are buying Reuters. Does more business in the US and globally. Thinks that their merger is going to be around as big as Bloomberg. Half it's business will come from financial markets, the other half will still come from legal, accounting, scientific, health care and so on. (professional staples). | 2007-06-15 | |
| DON'T BUY | 44.020 | Norman Levine | In the process of buying Royters. Always looked expensive to them.
| 2007-06-12 | |
| TOP PICK | 44.830 | Bob Stodgell | Showing a bit more organic growth. They are well positioned in Asia. Not as expensive as everyone thinks, because they've got more money then they thought from their learning division.
The delivery of information, once everything is set up, is a very profitable business.
Long long term managers.
Bought as high as $40. More in the mid $30's
| 2007-06-11 | |
| TOP PICK | 44.620 | Laura Wallace | Thomson Corp.
Thinks the Roiter's Acquisition is going to be transformational to it.
Is going to increase their presence in the financial area, it will increase their rate of growth in earnings.
The market is negative on them, but she thinks they are wrong.
They've been buying it this week in the $45 range. | 2007-06-08 | |
| WATCH | 45.500 | Ross Healey | Hold off on buying and let it settle down first. | 2007-06-01 | |
| TOP PICK | 46.400 | Michael Sprung | Comfortable buying under $50 for the long-term. A lot of naysayers, but the company always surprises on the upside. Long-term, the merger with Reuters puts them in a very strong competitive position with Bloomberg. | 2007-05-28 | |
| Comment | 47.600 | Paul Gardner, CFA | Valuation tends to be pretty high. The acquisition of Reuters is excellent. Selling their educational division for about $7 billion to help pay for this. This will give them a footprint in Europe. It will eventually be accretive and expects the shares to rise in the next couple of years. | 2007-05-17 | |
| BUY | 46.350 | Bill Carrigan | Has now had an A, B and C correction back to its support. Probably OK. | 2007-05-15 | |
| HOLD | 46.360 | Ian Nakamoto | Likes the company. There is a bit of uncertainty in terms of Reuters, which they are acquiring. This acquisition makes sense. | 2007-05-14 | |
| Comment | 44.980 | Bruce Campbell | Announcement of the possibility of acquiring Reuters hit the stock. It would take 2 or 3 years to implement. Would use a lot of cash. Close to a place where you want to Buy. | 2007-05-09 | |
| Comment | 45.770 | Hap (Robert) Sneddon FCSI | Acquiring Reuters Group (RTRSY-Q) resulting in a drop in price. May be a short-term blip. MACD was starting to wane just prior to the run-up. (Part of the discretionary sector, which is starting to wane in general too.) Wait to see how this plays out. | 2007-05-08 | |
| DON'T BUY | 45.770 | David Baskin | A stock that he could never understand why anybody owned it. Increasingly under attack by free source information on the Internet. Acquiring Reuters Group (RTRSY-Q), makes sense. | 2007-05-08 | |
| TOP PICK | 49.080 | Michael Sprung | Likes this, particularly under $50. Likes the look of their prospects for growing the return on equity. Revenues are growing 7%-9%. Will be selling their learning division this summer. | 2007-04-27 | |
| TOP PICK | 47.840 | Michael Sprung | Likes to buy this one when it pulls back. An outstanding company that is very well managed and financially very strong. Will be selling their learning division that could give them cash flow increase. | 2007-04-10 | |
| Comment | 47.800 | Bruce Campbell | Sold his holdings on the $50 spike. Evolved into an Internet e-company, mostly library and finance. This is growth, but not huge growth. Valuation is 20 X earnings. Would look at it under $45. | 2007-04-02 | |
| BUY | 48.610 | Norman Levine | Great company. Made the transformation from a paper publisher to an electronic publisher. Earnings have been creeping up, so the valuation is becoming better. In the longer term, it should be a good investment. | 2007-03-28 | |
| PAST TOP PICK | 49.200 | Ron Meisels | (A Top Pick Apr 24/06. Up 10%.) Still an exciting stock. A lot of portfolio managers are looking at it and wanting it to have it as a major part of their portfolios. Coming out of a huge base, which means it should go up. Still a Buy. | 2007-03-21 | |
| BUY | 49.060 | Neil Wickham | Has gone through a metamorphosis of a large newspaper publisher to an Internet services provider. Pretty good earnings. | 2007-03-20 | |
| PAST TOP PICK | 48.290 | Laura Wallace | (A Top Pick Jan 31/07. Down 3.2%.) Well positioned in a number of different data base sectors, which is a growing field. Also likes its defensive nature and their ability to generate organic growth. Good record of increasing dividends. | 2007-03-14 | |
| DON'T BUY | 47.950 | Bruce Campbell | P/E is fairly high. A great company with a high valuation. Earnings growth is about 10%. Would consider buying in the low $40's. | 2007-03-06 | |
| TOP PICK | 48.020 | Brendan Caldwell | Has always admired their ability to analyze what they do. Dominate legal and investment information sector. Technically, it looks like it wants to break out. | 2007-02-27 | |
| DON'T BUY | 48.020 | Norman Levine | An electronic publishing company. Has a very high multiple and is much higher than its growth rate has been. Fully valued. | 2007-02-27 | |
| BUY | 50.500 | Stephen Carlin | A defensive holding. Had a nice pop over the last 2-3 months and the market is getting little more comfortable with the name. Expects the company to grow at about 12% on a year-over-year basis. Reasonable dividend yield. | 2007-02-14 | |
| DON'T BUY | 50.080 | Brian Acker, CA | His model price is going up indicating that the business fundamentals are going up. Unfortunately, his model price of $41.40 is underneath the stock price of $50. A negative 16% differential. | 2007-02-01 | |
| TOP PICK | 49.500 | Laura Wallace | A great defensive company. Recently sold its learning division. Well positioned in the global economy to benefit from the increasing use of technology to access information. Not exposed to the consumer. | 2007-01-31 | |
| BUY | 49.450 | Peter Gibson | Likes this company a lot. There has been gradually improving margins and asset turnover. Has a 95% probability that it outperforms the market. | 2007-01-30 | |
| TOP PICK | 47.900 | Bill Carrigan | (A Top Pick Feb 14/06. Up 10.3%.) Looks at this as an information conglomerate and he likes conglomerates. The stock had formed a rounded base last year and broke out in the latter part. Under owned. | 2007-01-12 | |
| HOLD | 47.350 | Charles Lannon | A high-quality Canadian company that always enjoys really rich multiples. Shares are fully valued at this time. | 2007-01-09 | |
| PAST TOP PICK | 47.250 | Michael Sprung | (A Top Pick Oct 18/06. Up 6.1%.) Particularly likes this going into a slowing economy, because they sell information that people need. | 2007-01-05 | |
| DON'T BUY | 47.830 | Robert Floyd | Have been making a few acquisitions. Trades at a healthy price/earnings ratio. | 2006-12-19 | |
| SELL | 48.460 | Arthur Heinmaa | There are better places to put your money. | 2006-11-23 | |
Experts that have talked about Thomson Reuters Corp
