Investment Q&A

• Constellation Software Inc. (CSU $3,348.45)
  • $3,348.45 P/E (TTM): 76.8X Cap: $71.67B
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Q: Given recent weakness, what entry price would you recommend to initiate a position?

Thank you.

Upvote 7

Read Answer Asked by Ian on September 02, 2025

• Royal Bank of Canada (RY $214.99)
  • $214.99 P/E (TTM): 16.35X Cap: $303.67B
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• Toronto-Dominion Bank (The) (TD $117.05)
  • $117.05 P/E (TTM): 9.93X Cap: $200.85B
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• Bank of Nova Scotia (The) (BNS $96.28)
  • $96.28 P/E (TTM): 18.64X Cap: $120.35B
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• Constellation Software Inc. (CSU $3,348.45)
  • $3,348.45 P/E (TTM): 76.8X Cap: $71.67B
  • View CSU Profile
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• Intact Financial Corporation (IFC $280.30)
  • $280.30 P/E (TTM): 23.78X Cap: $50.74B
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• Descartes Systems Group Inc. (The) (DSG $115.77)
  • $115.77 P/E (TTM): 48.46X Cap: $9.86B
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Q: What would your top ~5 recommendations be to build an RESP with an 10-15 year horizon.
Had to sell all positions to live the account and have a good pile of free cash currently to redeploy. Not dissatisfied with prior holdings but creates a moment to consider best options currently

Upvote 10

Read Answer Asked by Ryan on August 29, 2025

• Broadcom Inc. (AVGO $392.64)
  • $392.64 P/E (TTM): 102.8X Cap: $1.90T
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• Costco Wholesale Corporation (COST $914.37)
  • $914.37 P/E (TTM): 65.58X Cap: $404.88B
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• Alphabet Inc. (GOOG $318.24)
  • $318.24 P/E (TTM): 31.6X Cap: $3.86T
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• Intuitive Surgical Inc. (ISRG $570.17)
  • $570.17 P/E (TTM): 75.76X Cap: $205.57B
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• NVIDIA Corporation (NVDA $180.03)
  • $180.03 P/E (TTM): 50.43X Cap: $4.30T
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• JPMorgan Chase & Co. (JPM $310.60)
  • $310.60 P/E (TTM): 15.5X Cap: $852.28B
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• Constellation Software Inc. (CSU $3,348.45)
  • $3,348.45 P/E (TTM): 76.8X Cap: $71.67B
  • View CSU Profile
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• Dollarama Inc. (DOL $199.36)
  • $199.36 P/E (TTM): 44.24X Cap: $55.26B
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• Intact Financial Corporation (IFC $280.30)
  • $280.30 P/E (TTM): 23.78X Cap: $50.74B
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• Celestica Inc. (CLS $453.25)
  • $453.25 P/E (TTM): 56.81X Cap: $55.23B
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• FirstService Corporation (FSV $220.73)
  • $220.73 P/E (TTM): 51.91X Cap: $10.04B
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• Thomson Reuters Corporation (TRI $187.78)
  • $187.78 P/E (TTM): 34.77X Cap: $84.31B
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• Shopify Inc. Class A Subordinate Voting Shares (SHOP $215.32)
  • $215.32 P/E (TTM): 89.47X Cap: $290.47B
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• goeasy Ltd. (GSY $139.50)
  • $139.50 P/E (TTM): 10.19X Cap: $2.24B
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• TerraVest Industries Inc. (TVK $125.52)
  • $125.52 Cap: $2.75B
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• Axon Enterprise Inc. (AXON $534.66)
  • $534.66 P/E (TTM): 171.26X Cap: $42.62B
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Q: For a 5-10 year hold within a TFSA could you please provide your top 10 Canadian stocks or CDR’s ranked by total return/compounding potential? For a non-registered account with a 3-5 year timeframe could you also do a top 10 list including both Canadian or US equities (no CDR’s), again ranked by total return/compounding potential? Thanks.

Upvote 60

Read Answer Asked by Bruce on August 28, 2025

• Constellation Software Inc. (CSU $3,348.45)
  • $3,348.45 P/E (TTM): 76.8X Cap: $71.67B
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Q: Everyone, I understand that you do not invest in Canadian stocks, but if could give one Canadian stock to your grandchild what would it be? Clayton

Upvote 14

Read Answer Asked by Clayton on August 28, 2025

• Canada Goose Holdings Inc. Subordinate Voting Shares (GOOS $20.19)
  • $20.19 Cap: $1.89B
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Q: hi 5i
Current holder of goose and see this morning it is up on rumours it may be taken private...any validity to these rumours as far as you know....and in your opinion what would you expect a take out price to be?
thx

Upvote 3

Read Answer Asked by jim on August 27, 2025

• 5N Plus Inc. (VNP $19.54)
  • $19.54 P/E (TTM): 28.96X Cap: $1.77B
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• Neo Performance Materials Inc. (NEO $17.45)
  • $17.45 Cap: $707M
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Q: Which might you recommend of these 2 for a 2 to 3 year hold and an entry price? Thanx.

Upvote 4

Read Answer Asked by Steve on August 27, 2025

• Constellation Software Inc. (CSU $3,348.45)
  • $3,348.45 P/E (TTM): 76.8X Cap: $71.67B
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Q: Would you recommend averaging into more CSU as it’s come way off its peak stock price set not long ago or do you think there’s more downside to come?

Thnx once again for the great service for us DIY investors!!

Upvote 7

Read Answer Asked by David on August 27, 2025

• Descartes Systems Group Inc. (The) (DSG $115.77)
  • $115.77 P/E (TTM): 48.46X Cap: $9.86B
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• Kinaxis Inc. (KXS $173.20)
  • $173.20 P/E (TTM): 102.96X Cap: $4.89B
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Q: Hi, similar to a previous question, I've held DSG for awhile at about 4% of my portfolio and have come out a bit ahead. Would YOU think it might be a good time to sell half and begin a position into KXS? Or continue to hold DSG and initiate a position into KXS more slowly?
As a new 'customer,' I'm really appreciating all your advice! Thank you!

Upvote 7

Read Answer Asked by GeeMac on August 26, 2025

• Constellation Software Inc. (CSU $3,348.45)
  • $3,348.45 P/E (TTM): 76.8X Cap: $71.67B
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Q: I've owned and held CSU since subscribing with you years ago. I've considered buying this equity for my daughter's fund, growth oriented, and with the recent pullback think this may be an appropriate time. Or... are it's 'sister' companies even better considerations? What say you?

Upvote 10

Read Answer Asked by Claus on August 26, 2025

• 5N Plus Inc. (VNP $19.54)
  • $19.54 P/E (TTM): 28.96X Cap: $1.77B
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• Kraken Robotics Inc. (PNG $5.65)
  • $5.65 P/E (TTM): 98.83X Cap: $1.81B
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• Zedcor Inc. (ZDC $5.95)
  • $5.95 P/E (TTM): 428.57X Cap: $633M
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Q: Which one of PNG,Vnp,Zdc do you think would provide the best return over the next 5 years?

Upvote 19

Read Answer Asked by Terry on August 25, 2025

• Descartes Systems Group Inc. (The) (DSG $115.77)
  • $115.77 P/E (TTM): 48.46X Cap: $9.86B
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• Kinaxis Inc. (KXS $173.20)
  • $173.20 P/E (TTM): 102.96X Cap: $4.89B
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• goeasy Ltd. (GSY $139.50)
  • $139.50 P/E (TTM): 10.19X Cap: $2.24B
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Q: I noticed you prefer KSX over DSG recently, and I’m wondering why. Or is GSY the better choice of the three? I have held all three for a few years and due to timing issues I have a much higher gain on DSG and GSY. I know past performance does not guarantee future results, but can’t get over my negative bias towards KSX. Also I have too many different stocks and know I should concentrate more. (I.e. 20 vs 30+)

Upvote 10

Read Answer Asked by Gordon on August 25, 2025

• Enbridge Inc. (ENB $68.53)
  • $68.53 P/E (TTM): 25.98X Cap: $148.17B
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• Canadian Natural Resources Limited (CNQ $47.77)
  • $47.77 P/E (TTM): 14.92X Cap: $98.51B
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• Tourmaline Oil Corp. (TOU $64.33)
  • $64.33 P/E (TTM): 18.43X Cap: $24.89B
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Q: Hello, I would like to know your top 3 Canadian picks for small, mid and large caps in order for a 3-5 year hold. Also in which order would you buy (ENB, TOU,CNQ) and at what $ entry point.

Thank you

Upvote 33

Read Answer Asked by Van on August 22, 2025

• Costco Wholesale Corporation (COST $914.37)
  • $914.37 P/E (TTM): 65.58X Cap: $404.88B
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• Coca-Cola Company (The) (KO $72.14)
  • $72.14 P/E (TTM): 24.29X Cap: $314.53B
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• Progressive Corporation (The) (PGR $231.39)
  • $231.39 P/E (TTM): 12.55X Cap: $134.16B
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• Xcel Energy Inc. (XEL $80.21)
  • $80.21 P/E (TTM): 25.03X Cap: $48.57B
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• Toronto-Dominion Bank (The) (TD $117.05)
  • $117.05 P/E (TTM): 9.93X Cap: $200.85B
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• Bank of Nova Scotia (The) (BNS $96.28)
  • $96.28 P/E (TTM): 18.64X Cap: $120.35B
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• Sun Life Financial Inc. (SLF $80.88)
  • $80.88 P/E (TTM): 20.71X Cap: $46.17B
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• Dollarama Inc. (DOL $199.36)
  • $199.36 P/E (TTM): 44.24X Cap: $55.26B
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• Intact Financial Corporation (IFC $280.30)
  • $280.30 P/E (TTM): 23.78X Cap: $50.74B
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• Fortis Inc. (FTS $72.83)
  • $72.83 P/E (TTM): 20.99X Cap: $37.02B
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• Alimentation Couche-Tard Inc. (ATD $75.85)
  • $75.85 P/E (TTM): 19.8X Cap: $70.66B
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• BMO Low Volatility Canadian Equity ETF (ZLB $57.96)
  • $57.96 P/E (TTM): 16.96X Cap: $5.61B
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• Hydro One Limited (H $54.18)
  • $54.18 P/E (TTM): 25.26X Cap: $32.83B
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• Caseys General Stores Inc. (CASY $572.13)
  • $572.13 P/E (TTM): 36.57X Cap: $21.21B
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• Invesco S&P 500 Low Volatility ETF (SPLV $72.74)
  • $72.74 P/E (TTM): 23.66X Cap: $7.54B
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Q: Hi,
Could you please recommend 10 (5 US / 5 CAN) high-quality defensive companies with strong balance sheets, low debt levels, and robust cash flows that YOU believe they can weather economic stress, inflation, or stagflation and they relatively hold up their stock prices during such times? If their current stock prices are overvalued, please suggest your recommended entry prices.

Also please recommend ETFs that mainly invest in companies with the above criteria?

Thank you

Upvote 31

Read Answer Asked by Ahmed on August 22, 2025

• CGI Inc. Class A Subordinate Voting Shares (GIB.A $124.49)
  • $124.49 P/E (TTM): 16.93X Cap: $27.27B
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• Celestica Inc. (CLS $453.25)
  • $453.25 P/E (TTM): 56.81X Cap: $55.23B
  • View CLS Profile
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• Kinaxis Inc. (KXS $173.20)
  • $173.20 P/E (TTM): 102.96X Cap: $4.89B
  • View KXS Profile
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• Open Text Corporation (OTEX $47.59)
  • $47.59 P/E (TTM): 17.58X Cap: $11.85B
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• Docebo Inc. (DCBO $29.41)
  • $29.41 P/E (TTM): 27.89X Cap: $842M
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• D2L Inc. Subordinate Voting Shares (DTOL $16.31)
  • $16.31 P/E (TTM): 21.15X Cap: $926M
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Q: Hi there, what would be the best risk to reward AI play on the TSX? Would it be CLS? If not CLS, what name would it be? And could you maybe provide a few names that you have conviction in, in order? Thank you!

Upvote 9

Read Answer Asked by Michael on August 21, 2025

• Kraken Robotics Inc. (PNG $5.65)
  • $5.65 P/E (TTM): 98.83X Cap: $1.81B
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Q: Could you please supply your analysis of Kraken Robotics reported this morning. Buy sell or hold.

Thanks Dave

Upvote 14

Read Answer Asked by David on August 21, 2025

• Russel Metals Inc. (RUS $40.67)
  • $40.67 P/E (TTM): 14.01X Cap: $2.27B
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• Richelieu Hardware Ltd. (RCH $38.72)
  • $38.72 P/E (TTM): 25.67X Cap: $2.16B
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• ADENTRA Inc. (ADEN $32.88)
  • $32.88 P/E (TTM): 10.72X Cap: $809M
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Q: Hi guys I hold all 3 of these stocks, and have for quite a while - RCH, ADEN, and RUS. I am looking 5 years out and thinking I might sell the RCH and ADEN holdings and buy more of RUS. This would still leave my RUS holdings at below 4%. Your thoughts which one of these companies do you think would be teh best bet 5 years out?

Much thanks
Stuart

Upvote 2

Read Answer Asked by Stuart on August 20, 2025

• Great-West Lifeco Inc. (GWO $64.15)
  • $64.15 P/E (TTM): 14.79X Cap: $59.84B
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• Sun Life Financial Inc. (SLF $80.88)
  • $80.88 P/E (TTM): 20.71X Cap: $46.17B
  • View SLF Profile
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Q: Hi Folks,
I currently hold GWO in my RRSP account. Thinking of switching it with SLF after it's recent drop. May I have your opinion?
Thanks

Upvote 2

Read Answer Asked by JOHN on August 20, 2025

• TerraVest Industries Inc. (TVK $125.52)
  • $125.52 Cap: $2.75B
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• Zedcor Inc. (ZDC $5.95)
  • $5.95 P/E (TTM): 428.57X Cap: $633M
  • View ZDC Profile
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• Constellation Energy Corporation (CEG $357.98)
  • $357.98 P/E (TTM): 41.74X Cap: $113.78B
  • View CEG Profile
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Q: Please rank in order for growth, long term hold? A risk rating for each. 10 being the riskiest. Thank you

Upvote 9

Read Answer Asked by Nick on August 19, 2025

• Propel Holdings Inc. (PRL $24.35)
  • $24.35 P/E (TTM): 11.41X Cap: $988M
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Q: Hi 5i team,

I'm confused about PRL's dividend sustainability due to negative free cash flow (−$57M in 2024 and −$3.7M in Q2 2025) and high leverage (112% D/E). Your March 2024 report assigned a B+ rating and positive outlook might be because of strong revenue growth (38.68%) and high ROI (30.33%), but didn’t address these cash flow issues. What am I missing? Is there something in their business model or cash flow timing that supports dividend sustainability?

Best,
Matt

Upvote 8

Read Answer Asked by Matt on August 19, 2025

• 5N Plus Inc. (VNP $19.54)
  • $19.54 P/E (TTM): 28.96X Cap: $1.77B
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Q: In January you noted:

We are mixed here. We don't like the leverage and the sector may still be weak under Trump policies (solar).

What's changed since then that made you come around to it and add it to your growth portfolio in July?

Upvote 6

Read Answer Asked by Adam on August 18, 2025