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Curated by Michael O'Reilly since 2020
1550+ opinions with 4.81 rating (one of the best performing expert)

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Stock Opinions by Michael Sprung

COMMENT

Focused on safety in the markets right now with all-time high stock valuations. P/E ratios very high - can be a source of concern. Doesn't believe interest rates will fall anytime soon. Inflation rates are sticky, and won't be easy to get rid of. ~4% inflation rate appears to be a realistic inflation target. Doesn't believe 2-3% inflation rate is reasonable. 

Unknown
TOP PICK
Royal Bank

Currently selling at premium to other banks in the market, but valuation is justified. RBC offers stability for investors in case markets fall. Very strong balance sheet and steady stream of earnings. Dividend ~4% is safe and reliable. Compliance issues behind company. Recent closing of HSBC Canada will generate profits going forward. Offers good value for long term investors. 

banks
TOP PICK

Company has turned around - last quarter very strong. Believes energy prices will remain high. Company progressing in de-leveraging. Free cash flow will be returned to shareholders (~50%). Dividends are robust, and company on the way to recovery. Good valuation that offers safety for long term investors.  

oil / gas
TOP PICK
Telus Corp

Recent weakness in valuation offers goof margin of safety for investors. Coming towards the end in fibre build out - will be good for cash flow. Various revenues steam good for stability of business. Company should be able to continue dividend increases (~7%). Current dividend yield is very safe. 

telephone utilities
PAST TOP PICK
Manulife Financial
(A Top Pick Dec 12/22, Up 44%)

Business headed in right direction. Profitability increasing, return on equity also strong. New management has turned things around. Current yield ~5% is very stable. Interest rates not a concern - have weather rising rates well. Would continue to buy - still owns shares. 

insurance
PAST TOP PICK
Arc Resources Ltd

(A Top Pick Dec 12/22, Up 38%)

Continues to hold shares. Despite weakness in natural gas prices, company continues to perform. Excellent long term hold. Very strong management team who is focused on costs. 

oil / gas
PAST TOP PICK
BCE Inc.
(A Top Pick Dec 12/22, Down 19%)

Layoff news has been putting pressure on the stock. Concerns about cash flow a worry on the dividend sustainability. Doesn't expect dividend to see increases any time soon. Would recommend holding stock - business will recover eventually. 

telephone utilities
BUY
Mullen Group Ltd

Done good job at transitioning company into broad variety of services (oil field etc.). P/E ratio under 10 which is healthy. Fairly priced business - good time for investors to buy. Doesn't see much downside in business. ~5% is safe and generous. 

Transportation
BUY

Current valuation a little high - but is a quality business (~13% ROE). Strong brand name is a good long term investment. 

misc industrial products
HOLD
Bank of Montreal

Current yield ~5% - good offer for investors. Valuation attractive for investors. Canadian banks generally a safe option. Good place for defensive investors. Not huge growth. 

banks
BUY

Current valuation is high - but overall is a quality company. ROE very strong - generous dividend (~4%). Would recommend buying - is a well managed company. Excellent management team. Owns shares, and would recommend buying. 

insurance
BUY
Bank of Nova Scotia

Owns shares in portfolio - excellent company with attractive entry point. Stable balance sheet with reliable earnings. Good for long term investors, even if economy enters recession. 

banks
HOLD
Barrick Gold

Gold a difficult metal to value. Recent strength in gold price good for overall business. Weakness in share price due to inflation concerns from investors (costs a lot to produce gold). ABX is one of the best companies in sector, but is a commodity style business. Overall is a hold for long term investors. 

precious metals
BUY
Magna Int'l. (A)

Current price is attractive for investors (valuation very fair). Stock price appears to be near book value. ROE is around ~10%. Dividend yield is stable and attractive. General direction of auto industry is strong. 

Automotive
BUY
Nutrien Ltd.

Recent weakness in share price presenting a good opportunity for investors. Shares priced at approximate book value. Excellent value for long term investors. 

agriculture
Showing 1 to 15 of 4,174 entries