What is the outlook for shares in Great-West Life(GWO) over the next 2-3 years.I have a large position in this stock and am wondering whether to trim back a bit?
Q: I have been looking at Lloyds Bank for a while. Do you see them emerging from the eventual sale of their shares by the British Government and rising over the next 2-3 years?
Thanks.
Steven
Q: Hello, Have recently added FSZ to my portfolio. Even with staggered purchases, I am still underwater and it is still struggling. Do you see much further downward pressure? Opportunity to add more? Thanks, Lavern
Q: Hello,
In my Financials sector of my RRIF portfolio, I'm holding TD, BNS, ZUB and CFN; I'm thinking of switching from CFN (up 50% in 2 years) to either HCG or CXS.
Thanks for your comment
Tony
Q: I have come upon an 11% dividend payer, Prospect Capital on Nasdaq, PSEC,It is a US "Business Development Corp" I would appreciate your comments.
Thank you
L
Q: What catalyst do you see to reverse the trend of the Canadian Banks freefall Bns broke trough the $60.30 support leval today .All this with indications of riseing interest rates .The risk reward ratio in Banks have not been there .
Stan
Q: Would you give me your pros and cons on the proposed following offer as part of the "fixed income" portion of a portfolio.
Canadian Western Bank 4 .40% 5.25-Year Rate Reset Pfd
Short Description: Treasury Offering of Non-Cumulative 5.25-Year Rate Reset First Preferred Shares, Series 5
Q: We have positions in the major banks and are wondering why BMO fell so much recently and has not recovered as well as CM, RY, TD and BNS. It holdssubstantial US assets and I feel that the strong US dollar should be a boost for it, compared to BNS, for example.
Q: Would you advise a switch from Goldman Sachs (GS) to Bank of America (BAC)? Bank of America seems cheaper on a P/B basis and no more expensive on forward P/E.
Q: HCG among others was just downgraded by Macquarie due to the drop in the Canadian dollar. Could you comment on the effect on these stocks which have primarily Canadian dollar earnings.
Q: I own both wealth management GS and FSZ.in my TFSA. In view of recent run up of GS and decline of FSZ, is it a good idea to take profit on GS and buying more FSZ? Thank you. Bill
I've had my eye on Element Financial for awhile now. I know you consider it expensive at this point. If you cannot recommend a price entry, can you advise of a metric or two you would watch before pulling the trigger?
How much faith do you have with Mr. Hudson as CEO? He seems to have big plans. My concern is his history. The Newcourt Credit Group that he had built didn't exactly end very well. Your thoughts?
Q: I am considering adding either CIX or AGF as a financial service portion of my portfolio. Both pay a decent dividend. Which one would have the better growth prospect. Could you recmmend another is this category that would have better growth prospects. Thanks.
Q: What affect should the financing deal between SVC and Canaccord have on their respective stocks? Does this deal change your recent review of Canaccord?
Thanks,
Murray