Q: Is Versa Bank a good bank stock to buyas a new bank?
Smaller company but excellent track record for growth and return?
Online and just opened a deposit box for crypto currencies?
This is my first non-tech question in quite a while. I try to balance my tech stocks with some names in other sectors. CF came to my attention today from a TD report. It is on one of my watch lists but I haven’t followed it closely in a couple of years. TD gives it a Buy, Higher Risk rating with a target of $9.50 although I don’t find target prices very meaningful. Part of their rationale is CF’s recent purchase of U.S.-based advisory firm Petsky Prunier, who focus on mid-market segments and have a growing presence in the cannabis space for IPOs and mergers in the U.S. CF itself seems to have a strong presence in cannabis deals in Canada and potentially internationally. The cannabis segment is here to stay, regardless of the high valuations. I am not a weed guy as such, but if CF can continue to grab a good chuck of these deals, it may bode well for it.
What are the pros and cons of an investment in CF at this time? I notice you gave it a B- in your Company report last August, which is not a strong grade, but perhaps things have changed.
Q: I'd appreciate your thoughts on X. I am recently retired and considering a full position, but am mindful of the high beta. Recent earnings appear strong and I like the dividend, but don't want to take on too much risk at this stage. Thank you.
Q: Recently, I have invested, albeit cautiously,in this compounding financial ETF. These types of ETFs don’t seem to be covered, but it would be of interest to have your assessment.
Thank you, Team!
Q: Hello 5i team, I own shares in Sun Trust and in light of recent merger I would appreciate your view on deal/new company and sector going forward (regional banks) Thanks Mike
Q: Your thoughts on Citi and the US banks in particular. I have a 1/2 position in the low 70s. Wondering if I should add or just move on. I also own BAC.
Q: I recently asked a question about a substitute for SLF for tax selling purposes. I was wondering what you might think about a US substitute for slf? I know there is no dividend tax benefit. But, I will be rebuying whatever I buy in a RIF, therefore no tax consequences.
thanks for the great service as always
Q: Hi there: What is the different between these 2 stocks? They have an attractive yield of around 6% , with a P/E <10, P/B < 1, and P/S < 1. Would that make this a bargain then, or is there something I overlook. Thank you.
Q: I currently own ECN for a total weight of 5.3 % , I am thinking to make it a 3.5% weight and put the cash into VB. ECN is held in non rrsp account so I would be paying taxes on capital gains or just keep ECN as the momentum is good at the moment and analyst are increasing their target prices. At what weight would you sell some? I already own SLF and BNS for financial sector.
Thanks
Dolores