BMO Equity Research IN Tune

Equity research analysts Ben Pham, James Thalacker, and Danilo Juvane discuss key emerging trends in the North American pipeline, utility, and renewable sectors, as countries re-engage post COVID-19 restrictions. The podcast explores how the North American energy infrastructure companies prepare to re-think their operations, business models, and competitive position in another round of energy tran...

Four host analysts from BMO’s 15th Annual Farm to Market Conference explore their takeaways related to the food and agriculture value chain, which they gleaned from presentations, moderated panels, and meetings during the event. This year, the conference was held in a virtual setting, and similar to prior years, it was highlighted by discussions with and presentations by senior executives from mor...

Software analyst Keith Bachman and Semiconductors analyst Ambrish Srivastava discuss what drives longer-term valuations under their respective coverage. While there are common themes such as free cash flow growth in both sectors, there are certain specific factors as well. Overall, both analysts show how their respective frameworks help shape their longer-term thinking, as well as react tactically...

This week's special podcast is the tenth in a series highlighting insights on coronavirus (COVID-19 virus) with Dr. John Whyte, MD and Chief Medical Officer of WebMD. This is an excerpt from an institutional conference call originally hosted on May 26, 2020, at 11:00 a.m. ET, moderated by BMO Capital Markets Chief Investment Strategist Brian Belski, along with BMO experts Michael Gregory, CFA, Dep...

In this episode, Canadian Real Estate analyst Troy MacLean focuses on the long-term implications of the COVID-19 pandemic for the Canadian seniors housing sector. He discusses how the pandemic affects the LTC and retirement home markets differently. He also discusses how demand for seniors housing is impacted by the housing market, and what regulatory changes are likely in response to the pandemic...

This week's special podcast is the ninth in a series highlighting insights on coronavirus (COVID-19 virus) with Dr. John Whyte, MD and Chief Medical Officer of WebMD. This is an excerpt from an institutional conference call originally hosted on May 19, 2020, at 11:00 a.m. ET, moderated by BMO Capital Markets Chief Investment Strategist Brian Belski, along with BMO experts Michael Gregory, CFA, Dep...

This week's special podcast is the eighth in a series highlighting insights on coronavirus (COVID-19 virus) with Dr. John Whyte, MD and Chief Medical Officer of WebMD. This is an excerpt from an institutional conference call originally hosted on May 11, 2020, at 11:00 a.m. ET, moderated by BMO Capital Markets Chief Investment Strategist Brian Belski, along with BMO experts Michael Gregory, CFA, De...

Equity research analysts Sohrab Movahedi, Devin Dodge, and Ben Pham discuss Brookfield Asset Management and its related entities - Brookfield Infrastructure Partners, Brookfield Renewable Partners (Restricted), and Brookfield Business Partners - in a COVID-19 world. Their conclusion is that the Brookfield complex looks to be well positioned to take advantage of investment opportunities arising fro...

This week's special podcast is the seventh in a series highlighting insights on coronavirus (COVID-19 virus) with Dr. John Whyte, MD and Chief Medical Officer of WebMD. This is an excerpt from an institutional conference call originally hosted on April 27, 2020, at 12:00 p.m. ET, moderated by BMO Capital Markets Chief Investment Strategist Brian Belski, along with BMO experts Michael Gregory, CFA,...

Business & Industrial Services analyst Jeff Silber and Industrial Products analyst Devin Dodge discuss the impact from COVID-19 on the waste services sector. Though not immune to the current market challenges, solid waste businesses are well positioned to navigate the slowdown and have better visibility into near-term earnings and cash flow than nearly all other industrial companies. Specialized w...

This week's special podcast is the sixth in a series highlighting insights on coronavirus (COVID-19 virus) with Dr. John Whyte, MD and Chief Medical Officer of WebMD. This is an excerpt from an institutional conference call originally hosted on April 20, 2020, at 12:00 p.m. ET, moderated by BMO Capital Markets Chief Investment Strategist Brian Belski, along with BMO experts Michael Gregory, CFA, D...

This week's special podcast is the fifth in a series highlighting insights on coronavirus (COVID-19 virus) with Dr. John Whyte, MD and Chief Medical Officer of WebMD. This is an excerpt from an institutional conference call originally hosted on April 14, 2020, at 10:00 a.m. ET, moderated by BMO Capital Markets Chief Investment Strategist Brian Belski, along with BMO experts Michael Gregory, CFA, D...

Financial Services analysts Tom MacKinnon and Sohrab Movahedi compare the financial positioning of banks and lifecos amid the current coronavirus pandemic to the recent global financial crisis. While their downside scenario analyses suggest earnings will be down materially in 2020, they believe the balance sheet strength/quality and business diversification of the banks and lifecos should help the...

This week's special podcast is the fourth in a series highlighting insights on coronavirus (COVID-19 virus) with Dr. John Whyte, MD and Chief Medical Officer of WebMD. This is an excerpt from an institutional conference call originally hosted on April 6, 2020, at 12:00 p.m. ET, moderated by BMO Capital Markets Chief Investment Strategist Brian Belski, along with BMO experts George Farmer, Ph. D.,...

As the number of confirmed coronavirus cases and deaths due to COVID-19 jumps across North America, there is reason to believe the rate of increase in fatalities is slowing, Dr. John Whyte, Chief Medical Officer for WebMD, told a BMO Capital Markets conference call this week. This week's special podcast is the third in a series highlighting insights on coronavirus (COVID-19 virus) with Dr. John Wh...

Brian G. Belski, Chief Investment Strategist. There is no denying that a cyclical bear market has begun. Only two primary questions remain: duration and depth of the pain. At this point, another 10-20% downside is not out of the question, especially considering the growing number of disparaging forecasts and the crisis in confidence of governments. As such, we caution investors against seeking sup...

This week's special podcast is the second in a series highlighting insights on coronavirus (COVID-19 virus) with Dr. John Whyte, MD and Chief Medical Officer of WebMD. This is an excerpt from an institutional conference call originally hosted on March 23, 2020 at 12:00 p.m. ET, moderated by BMO Chief Investment Strategist Brian Belski, along with BMO experts Margaret Kerins, CFA, Head of FICC Macr...

This week’s special podcast highlights insights on coronavirus (COVID-19 virus) shared by Dr. John Whyte, MD and Chief Medical Officer of WebMD. This is an excerpt from an institutional conference call originally hosted on March 16, 2020 at 2:00 p.m. ET, moderated by BMO Chief Investment Strategist Brian Belski, along with BMO experts Doug Porter, Chief Economist BMO Financial Group; Michael Strit...

Brian G. Belski, Chief Investment Strategist. There is no denying that headlines, fear and rhetoric surrounding the coronavirus (COVID-19 virus) have become the primary driver of investment performance the past several weeks. While the duration and volume of COVID-19 virus-related news is yet to be determined, we continue to counsel investors to control what they can control. Investors should be m...

Jenny Ma, Canadian Real Estate Analyst, and Gaurav Mathur, Real Estate/REITs Special Projects Analyst. Development and intensification activities have become increasingly important for Canadian retail REITs as they look for new avenues to drive growth amid ongoing challenges facing bricks-and-mortar retail. Development is a relatively new component of REIT strategies, however, with a number of pro...

Fadi Chamoun, Transportation Analyst & John Stephenson, Special Projects Contributor. Rising e-commerce volumes are increasingly becoming the dominant share of small package delivery volumes, pressuring operating margins and ROICs for related companies. The biggest driver of profitability for the industry is drop density, which is significantly lower for residential deliveries than for business de...