Investment Q&A

• iA Financial Corporation Inc. (IAG $153.32)
  • $153.32 P/E (TTM): 13.89X Cap: $14.22B
  • View IAG Profile
  • View Questions on IAG

Q: I have a loss of 38% on IAG and ok holding with 4% dividend if you think stock has room to move up, or should I sell

Upvote 0

Read Answer Asked by Susan and Philip on July 29, 2020

Q: What would be your three top picks in utilities in either Canada or the US?

Upvote 0

Read Answer Asked by Lyle on July 29, 2020

• Algonquin Power & Utilities Corp. (AQN $7.59)
  • $7.59 Cap: $5.91B
  • View AQN Profile
  • View Questions on AQN

Q: AQN was added to the TSX index in June. I had expected the stock price to go up because all of the index funds would need to add it to their holdings. However, the stock is down and lagging others in the utilities sector. Can you provide any insight as to why AQN is down?

Upvote 0

Read Answer Asked by Ray on July 29, 2020

• Exchange Income Corporation (EIF $70.37)
  • $70.37 P/E (TTM): 27.68X Cap: $3.62B
  • View EIF Profile
  • View Questions on EIF

Q: Good morning what are your thoughts on EIF with there earnings coming up would you think dividends are at risk or is there business model good in this era Thank you

Upvote 0

Read Answer Asked by Norman on July 29, 2020

• Chemtrade Logistics Income Fund (CHE.UN $13.00)
  • $13.00 P/E (TTM): 12.13X Cap: $1.46B
  • View CHE.UN Profile
  • View Questions on CHE.UN

Q: What do you make about Chemtrade Logistics Income Fund? The key statistics don’t look great (negative profit margin) and the share price over the past 5-years has just declined.

It does pay a very high dividend though.

Thanks

Upvote 0

Read Answer Asked by David M. on July 28, 2020

• Pembina Pipeline Corporation (PPL $54.13)
  • $54.13 P/E (TTM): 18.34X Cap: $30.90B
  • View PPL Profile
  • View Questions on PPL

Q: What do you think its fair price should be at this time and what year end target price do you give it assuming oil runs up to 45-50.
Thanks Steve

Upvote 0

Read Answer Asked by Steve on July 28, 2020

• Inter Pipeline Ltd. (IPL $19.12)
  • $19.12 P/E (TTM): 17.07X Cap: $77.95B
  • View IPL Profile
  • View Questions on IPL

Q: I have a relatively small holding in IPL @ 13.50 cost per share. I'm considering switching to PPL with a much better yield.
Your thoughts.
thanks
Doug





Doug

Upvote 0

Read Answer Asked by James Douglas on July 28, 2020

• Park Lawn Corporation (PLC $26.48)
  • $26.48 Cap: $904M
  • View PLC Profile
  • View Questions on PLC
  • View Reports on PLC
• BCE Inc. (BCE $32.22)
  • $32.22 P/E (TTM): 72.74X Cap: $30.44B
  • View BCE Profile
  • View Questions on BCE
• Primo Water Corporation (PRMW $37.40)
  • $37.40 P/E (TTM): 15.23X Cap: $5.99B
  • View PRMW Profile
  • View Questions on PRMW
  • View Reports on PRMW
• Leon's Furniture Limited (LNF $28.75)
  • $28.75 P/E (TTM): 12.5X Cap: $1.96B
  • View LNF Profile
  • View Questions on LNF
  • View Reports on LNF
• Chorus Aviation Inc. Voting and Variable Voting Shares (CHR $19.73)
  • $19.73 Cap: $507M
  • View CHR Profile
  • View Questions on CHR
• Hydro One Limited (H $48.46)
  • $48.46 P/E (TTM): 23.43X Cap: $29.06B
  • View H Profile
  • View Questions on H

Q: I bought shares in this company many years ago in my registered account primarily for income. Would you recommend that I continue to hold them? If not what would you replace it with assuming I want to have a company that provides a dividend yield of at least 3% ?

Upvote 0

Read Answer Asked by Robert on July 28, 2020

• Altius Minerals Corporation (ALS $31.24)
  • $31.24 P/E (TTM): 14.91X Cap: $1.44B
  • View ALS Profile
  • View Questions on ALS

Q: ALS announced today the purchase of the remainder of Liberty metals and Mining. ALS reportes it will be extremely accretive, yet it also says that the royalties will decline to 0 by 2030 with the progressive reduction of coal. Is this a good deal? It feels like they are buying cash flow for the short term to cover up problems elsewhere. Why would one buy a business that has declining cash flow, ultimately to zero? The stock price went up today, but I wonder if this is just traders....

Upvote 0

Read Answer Asked by arnold on July 28, 2020

• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $39.56)
  • $39.56 P/E (TTM): 14.87X Cap: $1.02B
  • View CDZ Profile
  • View Questions on CDZ

Q: Further to the question related to the dividend cut for CDZ, is it safe to assume the cut is related to the associated dividend cuts from the underlying securities? And if that is true, then can we assume that once these securities reinstate their dividends, then the CDZ dividend will, in turn, rebound?

OR, is it a case whereby the ETF is periodically reconstituted and it is a fresh start for the underlying securities and we have to wait for the natural progression of dividend increases related to these "new" underlying securities? In this case how long does an individual security have to be "off-side" to be turfed from the ETF?

Thanks for helping me understand...Steve

Upvote 0

Read Answer Asked by Stephen on July 28, 2020

• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $39.56)
  • $39.56 P/E (TTM): 14.87X Cap: $1.02B
  • View CDZ Profile
  • View Questions on CDZ
• Schwab US Dividend Equity ETF (SCHD $27.42)
  • $27.42 P/E (TTM): 46.94X Cap: $71.44B
  • View SCHD Profile
  • View Questions on SCHD

Q: Hello
Looks like the CDZ dividend for July 2020 is going to .074 from .104 the months prior.
Thinking of moving to SCHD for more US exposure and I can use the loss on CDZ for taxes
I thank you for your time.
Sincerely
Mike

Upvote 0

Read Answer Asked by Mike on July 27, 2020

• BCE Inc. (BCE $32.22)
  • $32.22 P/E (TTM): 72.74X Cap: $30.44B
  • View BCE Profile
  • View Questions on BCE
• Rogers Communications Inc. Class B Non-voting Shares (RCI.B $49.25)
  • $49.25 P/E (TTM): 17.95X Cap: $27.29B
  • View RCI.B Profile
  • View Questions on RCI.B
• TELUS Corporation (T $21.91)
  • $21.91 P/E (TTM): 34.53X Cap: $33.63B
  • View T Profile
  • View Questions on T
• Shaw Communications Inc. (SJR.A $40.42)
  • $40.42 P/E (TTM): 12.15X Cap: $20.19B
  • View SJR.A Profile
  • View Questions on SJR.A

Q: Hi, could you please rank the Telcom companies from best to worst over the next 1-5 years with brief rationale. Also, how do you see the general outlook for the industry over this period? Thanks.

Upvote 0

Read Answer Asked by Gary on July 27, 2020

• TC Energy Corporation (TRP $71.64)
  • $71.64 P/E (TTM): 17.76X Cap: $74.45B
  • View TRP Profile
  • View Questions on TRP

Q: How would you rate TRP as an investment if the permit for Keystone is revoked by the US administration? Do you think this is already reflected in the current price? Does TRP have other avenues for growth?

Thanks,
John

Upvote 0

Read Answer Asked by John on July 27, 2020

• AltaGas Ltd. (ALA $41.06)
  • $41.06 P/E (TTM): 16.0X Cap: $12.54B
  • View ALA Profile
  • View Questions on ALA
• Keyera Corp. (KEY $45.16)
  • $45.16 P/E (TTM): 18.79X Cap: $10.34B
  • View KEY Profile
  • View Questions on KEY

Q: Would it make sense to switch from ALA to KEY to crystallize losses, or just keep my ALA if I don't need to to crystallize my losses,

Thanks

Upvote 0

Read Answer Asked by Saad on July 24, 2020

• Nasdaq Inc. (NDAQ $92.54)
  • $92.54 P/E (TTM): 36.0X Cap: $53.09B
  • View NDAQ Profile
  • View Questions on NDAQ
• TMX Group Limited (X $52.98)
  • $52.98 P/E (TTM): 35.46X Cap: $14.73B
  • View X Profile
  • View Questions on X
  • View Reports on X

Q: I am considering adding either the TMX group or NDAQ to my portfolio. Can you give me your thoughts and recommendation as to which security would be more appropriate for a long term hold.

Thank You.

Upvote 0

Read Answer Asked by Brian on July 24, 2020

• Stella-Jones Inc. (SJ $79.76)
  • $79.76 P/E (TTM): 13.45X Cap: $4.40B
  • View SJ Profile
  • View Questions on SJ
  • View Reports on SJ
• Norbord Inc. (OSB $56.97)
  • $56.97 P/E (TTM): 15.26X Cap: $4.59B
  • View OSB Profile
  • View Questions on OSB

Q: I have had a 1% portfolio exposure to OSB and SJ for several years and they are finally moving in the right direction. I noticed that you have rated SJ as A-. Would you recommend selling OSB and purchasing SJ at this time or is their a better buy in the material area currently?

Upvote 0

Read Answer Asked by eric on July 24, 2020

• Cineplex Inc. (CGX $12.01)
  • $12.01 Cap: $761M
  • View CGX Profile
  • View Questions on CGX
  • View Reports on CGX

Q: I have a loss on CGX sell or hold?

Upvote 0

Read Answer Asked by Greg on July 24, 2020

• Bank of Montreal (BMO $178.62)
  • $178.62 P/E (TTM): 14.54X Cap: $127.94B
  • View BMO Profile
  • View Questions on BMO
• ONEX Corporation Subordinate Voting Shares (ONEX $123.85)
  • $123.85 P/E (TTM): 12.26X Cap: $8.49B
  • View ONEX Profile
  • View Questions on ONEX
• Canadian Western Bank (CWB $56.63)
  • $56.63 P/E (TTM): 20.63X Cap: $5.47B
  • View CWB Profile
  • View Questions on CWB
• AGF Management Limited Class B Non-Voting Shares (AGF.B $14.12)
  • $14.12 P/E (TTM): 8.68X Cap: $918M
  • View AGF.B Profile
  • View Questions on AGF.B

Q: HI Guys,
Have these stocks bottomed here &
Would you buy these 5 names right now and in what order would you put them in 1-best & 5-worst
AGF,CIS,ONEX,BMO,CWB

What financials would you be buying if you don’t like those?

Thanks again!
Nick

Upvote 0

Read Answer Asked by Nick on July 23, 2020

• Toromont Industries Ltd. (TIH $148.98)
  • $148.98 P/E (TTM): 24.84X Cap: $12.10B
  • View TIH Profile
  • View Questions on TIH
  • View Reports on TIH

Q: TIH is moving fairly well. What is driving it forward?

Upvote 0

Read Answer Asked by Lloyd on July 23, 2020

• Loblaw Companies Limited (L $53.76)
  • $53.76 P/E (TTM): 6.87X Cap: $63.91B
  • View L Profile
  • View Questions on L

Q: Hi, What are your expectations for Q2 Loblaw results this week? Do we believe their sales blend will be back closer to average and will not impact negatively stock value like it did for Q1.
Thank you

Upvote 0

Read Answer Asked by Charles on July 23, 2020