My 21 year old son is looking to invest his $5,500 2017 TFSA contribution into 2 growth stocks. Which 2 would be top of your list today given his young age and long time horizon.
Q: Hi 5i: Thanks for answering my question about the cyclical and non-cyclical stocks, and also for identifying the Discretionary/Staples categorization (which I also found puzzling). The only stock in the balanced portfolio that I thought I knew how to classify was Magna - I believe Peter once explained it was discretionary not industrial, as one might think. You did not list this one in your response. Does that mean that MG has been re-classified? AS I said in my question, I find this categorization class a real puzzle.
Q: Magna is clearly getting whacked whenever Trump is critical of non-US operations involving almost any car manufacturer and is down again today. I am considering selling my position at a small gain and appreciate your thoughts.
Thanks
Q: I own SJ in a couple of portfolios. I am considering selling but do not want to sell until the stock settles, but thinking long term would it be best to move out of this stock into another stock in the same sector. One of the portfolios is a RESP with the funds being used in the next 3 to 4 years. The other portfolios have a much longer time frame. Your guidance is greatly appreciated.
Q: Hi, Could you please comment on Stella-Jones preliminary results for 2016 released on Friday evening. 4th quarter was soft as expected due to lower railway ties demand. Guidance for 2017 is same as 2016 level. How do you see the stock prospects during this year ? Thanks
Q: Hey Guys, can you tell me why you recommend PBH over MTY. I know that a few managers have recommended MTY over the last couple years and I'm looking at the fundamentals of both and see positives to both. The stand out positive to MTY being the ROE. I like the better div with PBH and like its growth outlook. So I'd like to understand why you see PBH being better. Trying to expand my analysis abilities. Thanks!
Q: This stock has had a great run (up 30 percent in a month). Where does it go in the short term from here? I presume you still like it longer term. THANKYOU
Q: CXI missed earnings and the stock is being hurt for it. Did anything surprise you in their latest reporting? The stock was rated B- a couple of months ago. Would it still be rated at this level now?
Q: Report on Business in the Globe and Mail had an article entitled "How lenders skirt Canada' mortgage rules" in today's paper (January 12, 2017). The first two sentences of the artilce state: Canada’s subprime mortgage providers are increasingly teaming up with unregulated rivals to sidestep rules designed to clamp down on risky lending.
The results of these partnerships are so-called "bundled" loans, which pair a primary mortgage with a second loan from unregulated groups called mortgage investment corporations (MICs).
It later states that HCG uses this bundling technique.
Do you think this article is being fair to HCG? Could HCG be at risk if it is following this practice? Will the shorts find this another reason to put HCG in a negative light?
Q: A recent question on the 3 restaurant royalty stocks about future growth covers your expectations for 2 of the 3 but omits BPF.UN. In your last report Dec. 2015 when the stock was at $17 states "we think BPF looks slightly undervalued but not by a great deal."
Does this imply that BPF at $23 is now fully valued or even overvalued and that holders can expect no further future growth? Thanks, J.