Investment Q&A

Q: I have funds for 2 of the above. Please rank 1-4 in the order you would invest today for maximum growth over 5 years. If there is an industrial/materials that has yet to be discussed in the 5i pages that should be considered, then please include. Thanks

Q: Hi...just watched the 2nd part of the podcast....good stuff. Got me thinking. I am trying to reconcile two different issues that I've been thinking about for quite some time.

#1 = Asset allocation and trimming when a position goes from, say, 5% to 10%. That is a 100% return. Where to trim at? I usually trim when a position gets to 6-7%...my own personal risk tolerance, learned from being greedy and hanging on too long. Some positions, like PBH and WSP (currently held since 2012 and 2014 respectively), have each been trimmed over 15 times and are still full 5% positions.

#2 = Letting your winners run. The podcast talked about a position running 100%, which is nice...vs a 1000% run.


Nice problem to have but how do you square these two opposing concepts?

Thanks...Steve

Q: Why the pop in share price after seemingly
OK-ish results? Thanks

Q: Hi Peter and 5iresearch team:
In your answer to Gerry's question on Feb 16, you mentioned that CSU and ATB have been the best Canadian compounders over the last ten years. You added DOL, BYD, TFII, BN, CLL.B, TRI based on historical performance and you are expecting LMN.V, TVK, HPS.A, TOI, GSY to be potential Canadian compounders in the future.

1. Would YOU still invest in CSU, ATB, DOL, BYD, TFII, BN, CLL.B, TRI with the same conviction and weighting?
2. Could you please provide a similar answer but for the US market? Please provide 10 or so best US compounders based on historical performance that YOU think investors should keep investing in and 5 or so US companies that YOU would buy as potential US compounders in the future.

Thank you for the great service.

Q: What are the best Canadian and US value stocks to buy currently?
Thanks

Q: SPY has quite a run. Any thoughts on moving some funds over to MDY to gain more mid cap exposure ?

Q: Material Sector - I hold a full position in .LIN and starter positions in EXP CS FCX WFG AEM - all recommended by 5i. I prefer to have a full position in one of these for a long-term [3-5 years] hold. How would you evaluate them [or any other you prefer] and recommend your highest conviction.
Thanks

Q: When using a monthly stock chart does 200/12=16.7 equate to the period value to replace the 200 simple moving average on a daily stock chart? Thank you

Q: II would like to buy NTR for long term hold but I am concerned about BHP,s possible opening of a potash mine in Canada, what are your thoughts please?

Q: A dividend account, BCE down 16,%, BIP.Un down 14.5%, BEPC down 23%, DOO down 23% as well. Also own BN and BAM. Brookfield entities are 17% of the portfolio.
Do I sell my losers, knowing they're suffering from higher interest rates or simply stay patient?
Do you see concentration risk ? How high would you let the Brookfield entities run? I think DOO is a good firm but it could go. Please deduct questions as you see fit. Thank you in advance. David

Q: How do you view future prospects after the latest Q?

Q: Looking to deploy some cash and I'm considering either CAE or Open Text in light of their recent share price declines.
Which one of the two would you consider to have the most potential for share price appreciation over the next 3-5 years, and why?
Appreciate your thoughts, Rick

Q: I have held PBH in my cash account for sometime and am up a paltry 6%. I'm considering selling and replacing with either LLY, HD or TRI. Looking for greater growth and willing to take on moderate risk. 3-5 year hold. I know these companies are apples and oranges, but I would appreciate your views on risk and reward for PBH, LLY, HD and TRI and which you would recommend I hold going forward. Thank you.

Q: What would you view as being the top Canadian compounders over say a 10-15 year period. I'm thinking CSU and ATD. What others for investors that want compounding growth over many years.

Q: How would you value above companies for a long term industrial hold.? Are there other companies in the North American industry you would prefer? Thank you.

Q: What is your updated view on Russel Metals after their latest earnings report and large acquisition (Samuel $225M) in December. Net cash position and commentary on some recent and future CapEx focused on value added moderinazation projects to expand margins. It seems like something has changed with the company finally breaking out from the 30-35 range it has been in for 15 years.

John Reid
"It's definitely been a very robust market compared to anything I've seen and really the sustainability of that over 3 years...So the demand has been very good and also price of steel has been very good... And so, yes, it's been a really nice ride for the last 3 years and we don't see anything really pulling back on that next or I guess the next 2 or 3 years as far as we can see out, we just don't see anything to change that right now."

Q: Hi 5i
AC is to report earnings tomorrow. In your opinion, what will it take to move share price in positive direction? Last summer sp headed in the right direction till market drop....

Long term share holder,...looking forward, would you continue to hold...time frame shortens every year, now looking about 2 yr horizon.

Can you suggest alternatives to AC with reasonable growth/risk.

thx

Q: Is it time to buy a company where management is on investor side. Where do I go?

Q: I read about "paying attention to valuation" but I don't understand how to arrive at a good "valuation" of a company.

Could you explain, in simple terms, and give an example of what would be a good [and a bad] valuation of an existing company's stock?

Could you use CAE or TIXT as an example of a good or bad valuation?

Thank you.

Q: Canadian Tire had a big miss this quarter. Is this a one off, or a sign of longer term issues. Would you hold or move on?

Thanks, Marie