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CGI Inc. Class A Subordinate Voting Shares (GIB.A)
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Intact Financial Corporation (IFC)
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Galaxy Digital Holdings Ltd. ordinary shares (GLXY)
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Propel Holdings Inc. (PRL)
Q: 5i,
My Taxable Account is CAN only 3 months old. I'm lucky enough to restructure my entire portfolio these past few months for some optimization.
The goal outperformance of XIC. Large and midcap growth primarily. Core moat players as well. I'm shifting back to a more concentrated stock portfolio.
I add underperformers and cyclicals for boosts outside of my core. ie: NTR, TD, LUG
thus far this year.
Core by weight;
CSU, TFII
DOL, DSG, SHOP, WSP
BN, CNQ, STN, CLS, TRI
TVK.
Outside of materials, gold; no retail; no reits. If this was you. Do you add a company that doesn't meet your growth expectation/debt/cash flow etc for balance ie ENB.
Or add to your current.
Looking for your sage advice as well as 2 potential core additions or adds and 2 other high conviction torque. No parameters.
Thank you!
My Taxable Account is CAN only 3 months old. I'm lucky enough to restructure my entire portfolio these past few months for some optimization.
The goal outperformance of XIC. Large and midcap growth primarily. Core moat players as well. I'm shifting back to a more concentrated stock portfolio.
I add underperformers and cyclicals for boosts outside of my core. ie: NTR, TD, LUG
thus far this year.
Core by weight;
CSU, TFII
DOL, DSG, SHOP, WSP
BN, CNQ, STN, CLS, TRI
TVK.
Outside of materials, gold; no retail; no reits. If this was you. Do you add a company that doesn't meet your growth expectation/debt/cash flow etc for balance ie ENB.
Or add to your current.
Looking for your sage advice as well as 2 potential core additions or adds and 2 other high conviction torque. No parameters.
Thank you!
5i Research Answer:
While we cannot personalize responses, in general, we tend to prefer 'watering the flowers and trimming the weeds', and not the other way around. Stocks that have been working and continue to work, we prefer to add to. While there is merit in adding to names that are down or can bounce back, in general we like adding to winners. We like diversification, but we do not like adding to or buying new names simply for the sake of sector/style diversification.
Other names we might consider 'core' include: GIB.A and IFC.
Two high conviction torque, we like PRL, GLXY (while acknowledging its very high risk levels).