Q: Magna, Parkland, and Premium Brands have seen significant declines, making them look like attractive dividend stocks with yields around 4%. What do you think about buying them for their dividends? Is there a risk that these stocks could fall further? Which one would be the best to buy for its dividend and potential recovery, and which one should I avoid? Please rank them.
Q: I have held a position of about 2.5% in MG (was higher, but its performance has lagged that of my overall portfolio, thus the decrease in relative exposure) for years now, and have maintained the investment due to a decent dividend (about 4.5% at today's price) and low P/E (trailing P/E listed as 11.59, current forward P/E quoted as 6.75 with Yahoo! Finance). I am concerned that the potential of the US exercising tariffs on goods imported to their country could profoundly impact MG's future performance. I believe that Magna does have some factories in the US: would this exclude them from having tariffs levied on US consumers of their goods?
If MG would be affected by tariffs, and a pivot to another investment would be prudent, I have been considering AXON and ISRG as potential replacements (my portfolio could tolerate a decrease in Consumer Cyclical exposure, and I feel I have room to increase exposure to Industrials and/or Health Care).
Ultimately, my questions are as follows:
1. Will MG be affected by the potential for tariffs to an extent strong enough that an exit from the investment should be seriously considered?
2. Of AXON and ISRG, which company do you feel is poised for greater growth in the next 36 months?
If MG would be affected by tariffs, and a pivot to another investment would be prudent, I have been considering AXON and ISRG as potential replacements (my portfolio could tolerate a decrease in Consumer Cyclical exposure, and I feel I have room to increase exposure to Industrials and/or Health Care).
Ultimately, my questions are as follows:
1. Will MG be affected by the potential for tariffs to an extent strong enough that an exit from the investment should be seriously considered?
2. Of AXON and ISRG, which company do you feel is poised for greater growth in the next 36 months?
Q: Looking to move some money into the bond section of my portfolio. On the more risky side looking at XHY and USHY. How would you rate these for safety going forward on the the capital gain/loss side. Also I may sell some stocks like Magna that don't appear to be doing much.
I've been listening to Howard Marks and he thinks now is the time to be leaning towards bonds and Warren Buffet has been raising cash.
I've been listening to Howard Marks and he thinks now is the time to be leaning towards bonds and Warren Buffet has been raising cash.