Investment Q&A

Q: Any ideas why rate reset preferreds aren't rebounding along with other safe stocks given the anticipation of steady or falling interest rates? I own CM.PR.T which was issued with a decent dividend of 5.2% but it has fallen from $25.20 per share to $24.16 in less than a month.

Q: Hi,

With interest rates holding or dropping where do you see the share price on a company like GWO in 3 years?

Q: Hello, question about ZBK’s portfolio holding, Equally weight 5.5 percent for each of 19 banks, in the case of BBT and STI merger was completely, what would happen to ZBK’s portfolio? Thanks

Q: I am down on this investment, do you advise holding on?

Q: Do you have any opinions RLI Corp? It appears to be an insurance holding company who's stock has done very well historically with good current momentum. It seems to be very under the radar with little discussion about it.

Q: Hi 5i team, how does lower interest rate affect insurance companies performance?

Q: April 30th stock closed @ 24.67. On May 31st stock closed @ 22.68. About an 8% drop. Was there anything specific that caused this? Thank you.
Ron N

Q: Comments on recent earnings? Is there a future here? I think I am in year 7 of a 5-year hold!

Appreciate your insight.

Paul F.

Q: Hi Peter, can I get your updated analysis on Steve Eisman's thesis on Canadian banks from today's BNN posts? Do you agree? What is it that he's seeing that we're not seeing (besides him flipping by shorts)? Would you be able to write a 5i blog post on how we can value banks (i.e. key ratios, ROA etc). Thanks.

Q: I am looking to add a Canadian Bank to my income portfolio for a long term hold. Which bank do you recommend for total gains

Q: Over the years I have seen statements like “Picking bank stocks is always tricky, as under performers tend to revert to the mean over time.” However banks like CM have been under-performers for well over a decade and BNS has been flat for over 5 years- yes you were paid dividends but that’s all. In the meantime TD has provided much higher returns. Isn’t it better to stick with your winners rather than wait for an under-performer to revert to the mean- with CM your time scale would be decades.

Steve

Q: I have invested $100,000 in BNS shares average price is $ 72.00. Would it make more sense to sell half and buy CM which is also down just as much in order to split the risk or would you recommend splitting the funds in all 5 big banks?
Thank you
Nick

Q: please give me your views on manulife as a longer term hold

Q: The bank just reported. Your analysis will be appreciated. That doesn't look good to me, not a huge miss but still. Any positive?
Thanks

Q: hi ryan, peter...What do you think of wells fargo.. Do you think it could turnaround.. When is the new CEO going to be appointed.. . yhanx in advance, Cliff

Q: Hi, I have opened an RESP account with 5K for initial deposit, and will also be contributing $150 on a monthly basis. I don't plan to do a withdraw from this account for about 10 years. I am new to investment world and am curious on strategy or what would be best to invest in. I am not afraid of risk. Thanks in advance for your advice/opinion.

Q: Good morning - I have watched CIBC with interest recently as I am a long term investor and have positions with most of the Canadian banks. Earlier this week, analysts were forecasting muted returns for CIBC and indeed this turned out to be accurate. The bank narrowly missed projections and offered a downbeat view of the rest of the year. No surprised there.

What perplexes me is why the shares went up the day before the earnings report then dropped so dramatically yesterday. This, in spite of the fact the news was not unexpected. Yes, growth is going to be modest but who exactly was buying the day before and who was rushing to sell yesterday? Surely it's not small investors like me who are likely more prone to panic but if it's institutional money managers why the rush of selling? Surely they could read the obvious tea leaves. Is this program trading or just one of those mysteries of market life?

Q: Will you vibe me a list of 4 mortgage funds and their annual dividend. Thx

Q: Hello could you please give the latest short position on Chw. Thank you.

Q: At today's price around 105.40, is there good value here for a conservative buy ? I like dividends.