Investment Q&A

Q: I see that some companies like BLDP and SEA have been added to the S&P composite index and others , mostly energy corp have been removed. Ballard hasn't done much in years . Can you explain these changes , thanks a lot.

Q: Please provide some public sources that I can find the industry average for comparison to a firm's specific financial metrics (e.g. PE ratio, price to cash flow)!

Q: Hi team ,
I am down 24% on square . Is it time to sell, hold , or buy more? In my opinion it’s being punished for no real reason, and still believe in its growth rate and potential disruptor status .

Call this a 2 part question as well and charge me credits accordingly . Do you believe in this current “market rotation” gimmick ? To me the current growth companies are still the current growth companies . It seems these days that the big traders on the market get together for a coffee before market open and conspire together to decide “what’s the theme of the week today ?”. I don’t understand it all but this last Monday for example was grossly obvious how crooked the “market “ can really be . Ayx for example : you can’t tell me that over the weekend that company is suddenly worth 15% less come Monday morning . In my opinion it’s a sad platform we all play on here , but at the end end of the day it seems the best strategy is to buy a best in class company and hold it long term , unless the fundamentals change , cause the market is so obviously manipulated every day .

Your thoughts please would be appreciated . ThAnks !

Q: AYX, OKTA, TEAM, TTD, TWLO, VEEV

It's clear that software stocks are taking a heavy beating right now. Are there any concerns for recovery and continued growth at the companies above? What sort of expectations might you have for the above stocks down the road at the 1-year, 3-year and 5-year marks?

Q: Hi, 5i team
just a quick question, I'm trying to follow your Balanced Portfolio, for each stock, how many percentage you guys consider is full position? Is it the general rule we'd better to follow in any portfolios?

Thanks!
Jane

Q: would you be able to suggest a couple of books to read for the beginning investor. Thanks.

Q: Gentlemen good morning

Can you please name a short list of good stocks (US and Can, any sector ) that can be on a growth & a value list
It’s a tricky or irrational question but I try it.
Thanks Regards

Q: This is a follow up to Greg's question in regards to negative interest rates on Sept 5.

Are negative rates generally good or bad for bank stocks? Since they will still charge a premium for mortgages and lending, as well as getting tighter with lending would theoretically mean less delinquencies. Also, I imagine they would still charge fees on any accounts that they already do, wouldn't charging to hold money (as a negative interest rate) be another source of income?

What other stocks typically do well in a decreasing or negative rate environment?

Sorry if this is rambling a bit.

Thanks

Q: I often scan the insider trading reports for clues as to buying and selling in equities that I have an interest in. I am wondering if you could explain the rules surrounding reporting trades. I have seen that trades need to be reported within a certain time frame- but I have also seen very outdated trades reported in the filings. Is there a penalty for insiders who are "tardy" in their reporting?

Q: Good Morning
What are your thoughts on the Murray wealth group 2 portfolios Global equity growth fund and and the Income Growth fund as an investment vehicle for a 40 year old. Comments as far as performance and fees.
Thks
Marcel

Q: The P/E on the S&P of 20 seems irrationally high. Any justification for this?
Also private companies typically sell in a P/E range of 3-5. Why do public companies trade so much higher?

Q: Is it possible to determine whether yesterday's trade of 528,800 shares was insider trading?This is a huge trade for this stock which as you know does not even trade on some days.
Thanks
Bob Rose

Q: I am curious as to what would happen if we get to negative interest rates here in Canada,could you give me an example how this would work with mortgages and saving accounts in banks if we get to that ... thanks

Q: The direction of Corporate profits is relevant to investment strategy. I am finding an annoying number of contradictory statements on this matter in the financial press. Case in point: in Saturday's G&M Report on Business, the Chief Investment Strategist for BMO Nesbitt Burns says "However, earnings have been continually beating upwardly revised expectations and are now up more than 8 per cent year-over-year in the second quarter." In the same article, the Managing Director of Guardian Capital says "....there are clear signs of the global economy slowing and corporate earnings growth trends continue to decline markedly." Seems to me this is a matter of fact not opinion. Can you tell me if corporate profits are going up or down? Thanks..

Q: When a PUT for WEED expires on a certain date the proceeds are deposited in my brokerage account. If it's uncovered (i.e. I don't own any WEED shares) what happens concerning the purchase of the shares to "cover" the PUT expiry? Is it up to the individual (me) or the brokerage firm to initiate the transaction?

Q: The company is proposing a share consolidation of up to 10 pre-consolidation common for each 1 . .How would this benefit me as a shareholder or company.

Q: I am looking at the circular regarding the Dutch auction share buyback proposal. Is this !) just a necessary regulatory informing all shareholders move to solidify controlling shareholders positions and 2) what should the average investor ponder doing if anything?

Q: If you are focusing on yield (which I need to more, not getting any younger), approximately how much of an upward target would you have to adjust for a non Canadian yield player?

So to simplify, if I was targeting 4% yield canadian stocks what would I need to target yield on a non Canada equity roughly?

Thanks
Mark

Q: Although the data shows that staying invested in low cost index funds over the long term is the way to go, why is it that pretty well ALL of the financial media just guess and predict all day long about which way the markets are going, or when the next recession is going to hit? Same for interest rates, if they're going up or down, by how much and when.

On any given day you'll hear completely opposite opinions. Some will say you should buy because stocks are poised for a rally, while others tell you to get out because a massive 2008 like correction is coming before the ned of the year!

Since timing the markets has been proven to be impossible why is it that's all you hear from the financial media? They're SO irresponsible and dangerous and create a massive amount of anxiety. Your thoughts?

Q: I understand an earnings estimate is an analyst(s) estimate for a company's future quarterly or annual earnings per share. How important is looking forward (ex. 2 yr guidance)? How do analyst(s) derive future earning estimates? Is there any input from the firm itself? Is there analyst bias? Which would you say takes a higher priority... EPS expectations or ROIC past performance when I'm deciding on a investment in a company? Is TD webbroker's "EPS Consensus Expectations" a reliable / reasonable source of information?