Q: WETF jumped 26%on Friday after the company's third quarterly report. Please give your opinion on the future prospect of the stock, Buy, Sell or Hold. Thank you. Bill
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Hello Peter, IGM has corrected back to the $45.00 range. Is this a good entity point for the dividend yield and a 1 or 2 year time frame back into the $52.00 range. Is this a stock worth holding?
Q: Do you have any insight as to why TMC continues to be so weak? I know they cut their distribution in July. Would you consider it interesting at current levels?
Q: Could you please provide an update to Canadian Western Bank. Would you consider it a buy at today's price which is below $38.00?
Thank You
Thank You
Q: Peter,
I have a mixed bag of CDN and US stocks in my RRSP. I like Blackstone, especially for its dividend. However unlike many of my US holdings, the dividends are reduced by a withholding tax. Does this have something to do with being an LP?
I have a mixed bag of CDN and US stocks in my RRSP. I like Blackstone, especially for its dividend. However unlike many of my US holdings, the dividends are reduced by a withholding tax. Does this have something to do with being an LP?
Q: Can I get your opinion on this dollar hedged ETF. I have enough US dollar denominated investments in my portfolio but I want exposure to the US Financial sector. Is today's price a good entry point as well?
Q: Canaccord Genuity Group Inc continues to slide down with a further 8% loss today on relatively large volume. Any idea why?
Thanks
John
Thanks
John
Q: I am up about 1% on MA and 7% on Visa. Am wondering what your opinion is on the growth of these two companies this next year compared to the Canadian banks. Am thinking of swapping them out.
Value your opinion. Peter
Value your opinion. Peter
Q: Hello team
Can you please tell me what symbol we are to use for Mellon Bank? And do you have any commeNts in its metrics and future?
Thanks for all you do
Gord
Can you please tell me what symbol we are to use for Mellon Bank? And do you have any commeNts in its metrics and future?
Thanks for all you do
Gord
Q: Additional question
It has been brought to attention on a personal level that a Beverly Hills based private investor representing a larger group as the mAin shareholder is attempting to buy this bank. Have you heard anytHing on this and/or do you have any means by which we could Find out more about any truth about this rumor?
As always, Thanks for all you do for all of us
Gord
It has been brought to attention on a personal level that a Beverly Hills based private investor representing a larger group as the mAin shareholder is attempting to buy this bank. Have you heard anytHing on this and/or do you have any means by which we could Find out more about any truth about this rumor?
As always, Thanks for all you do for all of us
Gord
Q: Thoughts on this company that has been affected with the market downdraft, does it have lots of European exposure and is that what is affecting it mostly. Short term and long term view on it please.
thank you, jean
thank you, jean
Q: I have a general question as to how, and if, analysts' reviews affect stocks.
On Wednesday, TD Securities downgraded Canaccord Genuity Group to "hold" from "buy" with a price target of $12.50 (Canadian). The stock was around $11.00 at the time. It subsequently plummeted about 10% and continues to drop today.
Today, Raymond James upgraded Mullen Group to "market perform" from "underperform" but cut its price target to $25 (Canadian) from $27.50. The stock has dropped about 5% so far.
In both cases, the stocks were about 10% below the analysts target. Once was considered a downgrade, although it was still a hold. The other was considered an upgrade but its target was not going to yield any greater returns.
My question is threefold. Is "market perform" considered different than "hold" (since they seem pretty similar to me); secondly, why was one stock hammered so much and the other wasn't when they are both expected to perform about the same, at least as it pertains to their target prices; finally, should TD be considered impartial since they are downgrading a competitor.
I am hoping that with your insight, I will move closer to understanding how things work!
Thanks so much.
Paul F.
On Wednesday, TD Securities downgraded Canaccord Genuity Group to "hold" from "buy" with a price target of $12.50 (Canadian). The stock was around $11.00 at the time. It subsequently plummeted about 10% and continues to drop today.
Today, Raymond James upgraded Mullen Group to "market perform" from "underperform" but cut its price target to $25 (Canadian) from $27.50. The stock has dropped about 5% so far.
In both cases, the stocks were about 10% below the analysts target. Once was considered a downgrade, although it was still a hold. The other was considered an upgrade but its target was not going to yield any greater returns.
My question is threefold. Is "market perform" considered different than "hold" (since they seem pretty similar to me); secondly, why was one stock hammered so much and the other wasn't when they are both expected to perform about the same, at least as it pertains to their target prices; finally, should TD be considered impartial since they are downgrading a competitor.
I am hoping that with your insight, I will move closer to understanding how things work!
Thanks so much.
Paul F.
Q: Canaccord (CF) has dropped significantly in the past 2 days. Earnings release is upcoming on Nov 5th. Is there any negative news that would have a LT impact on their investment bank business or is this a good entry point? If not CF, are there alternatives you would recommend? Thanks for all the research you guys provide! Great learning experience. Thanks - John
Q: On the 5 safest Canadian stocks outside of utility and energy companies question of Oct.22, I was surprised to not see any financials included. Do you not feel a bank like BMO which has paid dividends for some 200 years would make the cut, and if not, why? 3 choices in consumer staples seems under-diversified. Thanks, J.
Q: Hi Peter,
I am thinking of buy European Banks. I looked at Barclays, Deutsche and ING Group. Would you please comment on those three banks? If you buy three European banks, are those three will you choice.
Thanks,
Deming
I am thinking of buy European Banks. I looked at Barclays, Deutsche and ING Group. Would you please comment on those three banks? If you buy three European banks, are those three will you choice.
Thanks,
Deming
Q: I've held this one for quite a while, I have good gains from it, it keeps beating its quartley numbers. Do you think that it is expensive or does its growth justify its p/e.
Q: I know you favour BNS amongst the big 6 banks, but after working there for several years (and NOT being impressed with the culture) I cannot bring myself to invest in it. Can you please offer what your 2nd and 3rd choices would be. Or would something like PWF be more attractive at current prices. I'm in this for the long term. Thanks!
Q: Hello Peter
I an quite concerned that Ebola will sweep around much of the world eventually no matter how hard we fight it and that being the case Ebola may be a disaster for life insurance companies having to prematurely pay out on life policies. Should we sell our Sun Life SLF and Great West GWO [currently almost a break-even for us if we do]?
Thanks....... Paul K
I an quite concerned that Ebola will sweep around much of the world eventually no matter how hard we fight it and that being the case Ebola may be a disaster for life insurance companies having to prematurely pay out on life policies. Should we sell our Sun Life SLF and Great West GWO [currently almost a break-even for us if we do]?
Thanks....... Paul K
Q: Hi Team. This is a follow up to Carl's question and your answer. "Is it time to start picking away at good stocks?" and you answer "the smart money should start picking at good stocks". I have had TD for at least 10 years. My Financials weighting with BNS and others from your PFs was about 17% 2 months ago. By good stocks do you mean even the ones "in the red" in my PFs or "in the green" because with your guidance I know they are ALL good stocks. I have BNS in 2 PFs and one of them has really gone down due to when I bought. The other down (in the red) but not as much. Thankyou for your on going "KEEP CALM AND CARRY ON" guidance
Q: Hi Peter,
Is it time to start picking away at BNS/TD or is there more pain to come. Thanks for all you and your team do for us less experienced investors.
Carl
Is it time to start picking away at BNS/TD or is there more pain to come. Thanks for all you and your team do for us less experienced investors.
Carl