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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 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
Read Answer Asked by Gord on October 27, 2014
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
Read Answer Asked by Gord on October 25, 2014
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.
Read Answer Asked by Paul on October 23, 2014
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
Read Answer Asked by john on October 23, 2014
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.
Read Answer Asked by Jeff on October 23, 2014
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
Read Answer Asked by Deming on October 23, 2014
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.
Read Answer Asked by Richard on October 22, 2014
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
Read Answer Asked by Paul on October 15, 2014
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
Read Answer Asked by El-ann on October 15, 2014