Investment Q&A

Q: Good morning - you mentioned that DRIPs are a wonder of the world in an earlier question about SLF. Can you please explain why you think so highly of DRIPs? Are there tax implications involved? Thank

Upvote 4

Read Answer Asked by alex on January 18, 2024

• Superior Plus Corp. (SPB $7.37)
  • $7.37 P/E (TTM): 110.44X Cap: $1.65B
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• iShares Canadian Financial Monthly Income ETF (FIE $9.66)
  • $9.66 P/E (TTM): 9.77X Cap: $1.24B
  • View FIE Profile
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• Corby Spirit and Wine Limited Unlimited Voting Common Shares (CSW.A $14.20)
  • $14.20 P/E (TTM): 19.18X Cap: $392M
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Q: In my TFSA I have full positions in ENB, T, TCL.A, and AQN. Objective is primarily steady income and some growth. I am looking to add FIE, SPB and CSW.A. What do you think?

Upvote 4

Read Answer Asked by Jean on January 18, 2024

• Enbridge Inc. (ENB $67.29)
  • $67.29 P/E (TTM): 25.98X Cap: $146.77B
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Q: re Michael's question on Jan 9th
Q: Hi Team,
could you rate these companies for a 3-5 years horizon considering I am looking for income and capital preservation but a bit of capital growth would also be good...
Think the nswer should read ENB not ENF

Upvote 3

Read Answer Asked by Madeline on January 18, 2024

• Birchcliff Energy Ltd. (BIR $7.60)
  • $7.60 P/E (TTM): 29.11X Cap: $2.07B
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• Crew Energy Inc. (CR $7.40)
  • $7.40 P/E (TTM): 9.38X Cap: $1.16B
  • View CR Profile
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• Invesco High Yield Equity Dividend Achievers ETF (PEY $20.35)
  • $20.35 P/E (TTM): 14.71X Cap: $1.03B
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Q: Which is your pick of these 3? BIR just cut their dividend. Thanks.

Upvote 3

Read Answer Asked by Donald on January 18, 2024

• A&W Revenue Royalties Income Fund (AW.UN $36.93)
  • $36.93 P/E (TTM): 17.7X Cap: $538M
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Q: Hi Peter,

I wonder if you might provide some colour on the Pret a Manger franchise agreement, how have things progressed. Would this be a a reason to purchase A&W stock and does the agreement allow stand alone stores separate from A&W.

Cheers,

Upvote 2

Read Answer Asked by Michael on January 17, 2024

• Chemtrade Logistics Income Fund (CHE.UN $14.48)
  • $14.48 P/E (TTM): 16.69X Cap: $1.67B
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Q: I would appreciate your overview comments on Chemtrade Logistics press release today of their 2024 guidance and the 10% increase in their dividend.
Thank you

Upvote 2

Read Answer Asked by Gordon on January 17, 2024

• Tourmaline Oil Corp. (TOU $63.17)
  • $63.17 P/E (TTM): 18.43X Cap: $24.89B
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Q: Hi 5i team. What do you make of Tourmaline's January 14 news regarding their EP activity update and dividend news? The stock has been taking quite a kicking today. Can you shed any light on why the market is down on this name? Thanks.

Upvote 8

Read Answer Asked by hank on January 17, 2024

• Algoma Central Corporation (ALC $18.92)
  • $18.92 P/E (TTM): 7.12X Cap: $765M
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Q: Happy New Year All!

Can I please get your opinion of Algoma Central (ALC). Has anything changed since your answer in March 2022?

Thanks

Dave

Upvote 2

Read Answer Asked by David on January 16, 2024

• Parex Resources Inc. (PXT $18.66)
  • $18.66 P/E (TTM): 11.58X Cap: $1.79B
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Q: PXT recently announced production that was below analyst expectations, and the stock is down quite a bit today. In add-on, their forecast for 2024 is also light, although a bit of an increase over 2023. I'm surprised, as i bought this one for its strong growth prospects. What do you think of this company going forward? Can they still increase the dividend? buy back stock?

Upvote 5

Read Answer Asked by arnold on January 16, 2024

• Parex Resources Inc. (PXT $18.66)
  • $18.66 P/E (TTM): 11.58X Cap: $1.79B
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Q: Any reasons about the big 12%+ drop in SP and almost 800K in volume today (normal trading is about 300K in volumes)? Thanks.

Upvote 2

Read Answer Asked by Victor on January 16, 2024

• Starbucks Corporation (SBUX $85.20)
  • $85.20 P/E (TTM): 37.55X Cap: $96.88B
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• JPMorgan Chase & Co. (JPM $307.88)
  • $307.88 P/E (TTM): 15.5X Cap: $838.13B
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• Williams Companies Inc. (The) (WMB $60.21)
  • $60.21 P/E (TTM): 30.77X Cap: $73.52B
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• Vanguard Dividend Appreciation FTF (VIG $220.32)
  • $220.32 P/E (TTM): 24.09X Cap: $96.91B
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• iShares Core Dividend Growth ETF (DGRO $69.22)
  • $69.22 P/E (TTM): 19.98X Cap: $35.46B
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Q: Hi,

I would like to purchase a large, dividend paying US stock that has some potential for future growth (or is currently undervalued) in my RRSP. Could you provide some suggestions?

Thank you,
Evan

Upvote 9

Read Answer Asked by Evan on January 16, 2024

• Tamarack Valley Energy Ltd. (TVE $7.77)
  • $7.77 Cap: $396M
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Q: I am down $6,200.00 on TVE.
Is this a hold? do you see a recovery or should I move on? I currently own 7 other energy stocks.

Upvote 8

Read Answer Asked by John on January 16, 2024

• Brookfield Infrastructure Corporation Class A Exchangeable Subordinate Voting Shares (BIPC $64.67)
  • $64.67 Cap: $8.32B
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• Brookfield Business Corporation Class A Exchangeable Subordinate Voting Shares (BBUC $50.35)
  • $50.35 Cap: $4.83B
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Q: I own both and would like to consolidate into one. Stock appreciation is more important than the dividend.
Thanks

Upvote 2

Read Answer Asked by Curtis on January 16, 2024

• Rogers Communications Inc. Class B Non-voting Shares (RCI.B $54.08)
  • $54.08 P/E (TTM): 4.42X Cap: $29.44B
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• Cogeco Communications Inc. Subordinate Voting Shares (CCA $66.64)
  • $66.64 P/E (TTM): 8.99X Cap: $2.84B
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• Cogeco Inc. Subordinate Voting Shares (CGO $63.97)
  • $63.97 P/E (TTM): 7.29X Cap: $615M
  • View CGO Profile
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Q: Hi Team,
Would you choose Rogers or Cogeco to get exposure to the wireless sector?
I would lean towards CCA due to CDPQ "partnership" that could limit the drawdown in my opinion and the high leverage of Rogers.

Second question ? Would you prefer CGO vs CCA to get exposure to Cogeco and why?

Thank you !

Michel

Upvote 3

Read Answer Asked by Michel on January 15, 2024

• Nutrien Ltd. (NTR $82.87)
  • $82.87 P/E (TTM): 47.16X Cap: $40.72B
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Q: I'm down about 20% or so on this one. I know you're against averaging down, from what I've read, but do you see long term (5+ years) value at these prices?

Upvote 5

Read Answer Asked by Brett on January 15, 2024

• Tourmaline Oil Corp. (TOU $63.17)
  • $63.17 P/E (TTM): 18.43X Cap: $24.89B
  • View TOU Profile
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Q: What is keeping TOU at these prices? I would like to buy some shares but can't see its value at present gas prices. Is it that we are presently experiencing winter in North America. Should one chase the price or wait for a pull back? At what price would 5i feel is a good entry?

Thank you

Upvote 6

Read Answer Asked by Mike on January 15, 2024

• Tourmaline Oil Corp. (TOU $63.17)
  • $63.17 P/E (TTM): 18.43X Cap: $24.89B
  • View TOU Profile
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Q: Hi,

I am wanting to start a position int TOU but need to raise the cash. Below is where I am thinking of raising the cash.

I have positions in the following:

ENB 6.35 % ( I do not want to sell)
SU 1.33% ( Sell Full position)
TRP 1.13 % (Sell Full Position)

That leaves me with KEY at 4.22% and PPL at 2.78% To get my 5% weighting in TOU I can decide on whether to sell PPL or KEY.

Your thoughts? Does it make sense?

Jimmy

Upvote 5

Read Answer Asked by Jimmy on January 15, 2024

• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $40.22)
  • $40.22 P/E (TTM): 14.68X Cap: $1.07B
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• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $60.26)
  • $60.26 P/E (TTM): 5.9X Cap: $5.22B
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• Vanguard Dividend Appreciation FTF (VIG $220.32)
  • $220.32 P/E (TTM): 24.09X Cap: $96.91B
  • View VIG Profile
  • View Questions on VIG
• iShares Core Dividend Growth ETF (DGRO $69.22)
  • $69.22 P/E (TTM): 19.98X Cap: $35.46B
  • View DGRO Profile
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Q: Hello. What are your best recommendations for ETFs that focus on dividend growth companies?

Upvote 7

Read Answer Asked by Robert on January 15, 2024

• Secure Waste Infrastructure Corp. (SES $17.80)
  • $17.80 P/E (TTM): 41.2X Cap: $3.88B
  • View SES Profile
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Q: Your comments on how you see Secure Energy as an investment over the next year or two.

Upvote 1

Read Answer Asked by Jerry on January 15, 2024

• Chevron Corporation (CVX $150.25)
  • $150.25 P/E (TTM): 21.26X Cap: $302.53B
  • View CVX Profile
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• Phillips 66 (PSX $137.57)
  • $137.57 P/E (TTM): 36.92X Cap: $55.42B
  • View PSX Profile
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• Exxon Mobil Corporation (XOM $115.38)
  • $115.38 P/E (TTM): 16.85X Cap: $486.57B
  • View XOM Profile
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• BMO Equal Weight Oil & Gas Index ETF (ZEO $82.08)
  • $82.08 P/E (TTM): 6.81X Cap: $231M
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• iShares S&P/TSX Capped Energy Index ETF (XEG $19.60)
  • $19.60 P/E (TTM): 1.58X Cap: $1.34B
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Q: Dear 5i team.
Please explain the differences between these two etfs for O&G exposure. Do you lean more to one vs the other?

The 8 listed CO's you suggested earlier today as a possible DIY version, how would you rank them in terms of risk/reward assuming oil prices stay elevated or increases?
(CNQ SU WCP TVE TOU XOM PSX CVX)

Thanks for your help.

Upvote 3

Read Answer Asked by Arthur on January 12, 2024