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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: HI 5iResearch team,
Can you please advise re: US utilities? I believe Stephen Jarislowsky's view that the US $ will increase relative to Can $ in near term, so have converted some US$ to Cdn$ recently with plan to repurchase at better exchange. He recommended US utilities for a longer term hold. Do you concur and if so, what would you buy?
Thank you, Linda
Read Answer Asked by Linda on January 26, 2018
Q: My TFSA Account is primarily made up of the stocks indicated above. In 2017, my net performance was around 2.8%. Would you provide suggestions for a growth stock with reasonable valuations that might help boost performance in 2018 and advise on a reasonable price for point of entry? Also, are there stocks that I hold that you view as a trade at this point with the goal of achieving a reasonable return with moderate risk?
Read Answer Asked by Rossana on January 25, 2018
Q: Hello
My question is related to the vastly discounted price that Canadian oil companies are able to achieve for their product, with many analysts indicating they need to get it to either or both coasts so it can be sold for a better price. I would think that the rail companies are probably getting some of the oil to the coasts, and have to potential to move greater volumes even if more costly than pipelines. Are CNR or CP in the position to benefit form this need to move the oil to 'tide water'?
Thanks,
Brian
Read Answer Asked by Brian on January 25, 2018
Q: In Leon’s recent comment about CSU.DB he said “So if the rate of inflation is 2% greater then the yr before and is 3.8 % then it is 6.5+ 2 NOT 6.5 plus 3.8”. You agreed with him.

However, the CSU.DB short form prospectus says “at a rate equal to the Cost of LivingcAdjustment (as defined below) (which amount may be positive or negative) plus 6.5% (“Floating Interest ”). Notwithstanding the foregoing, the interest rate applicable to the Debentures will at no time be less than 0%.”

The Cost of Living Adjustment is defined as “the annual average percentage change in the CPI Index during the 12 month period ending on December 31 in the prior year. For the 12 month period ending on December 31, 2014, the Cost of Living Adjustment was 2.0%.”

So in Leon’s example, the rate would be 6.5 plus 3.8.

The correct understanding of this point is of major importance to me, and maybe to others. Please check your answer to Leon carefully once again and let me know whether you stand by your earlier validation of his interpretation and if so, why.
Read Answer Asked by Philip on January 25, 2018
Q: I believe yesterday you had somewhat indicated that Saputo's future growth may be limited. If this were to be the case, do you see an eventual longterm decline / flattening of the stock price due to a potential decline in P/E ratio? Do you see it becoming more of a dividend paying stock as opposed to growth stock as it matures?

Thanks.
Read Answer Asked by James on January 24, 2018