Investment Q&A

Q: Looking at adding to a smallish position in Stelco, but recently saw an analyst recommend Champion Iron. I view Champion as similar to Stelco, being a high volatility business dependent on the pricing environment (iron ore/steel) of their product. I like STLC's large share buybacks, dividends, solid balance sheet and very cheap p/e multiple. With a major recession looking less likely, which do you prefer and why?

Q: I heard these companies earnings were posted recently. Could you please discuss the earnings and help me to understand them? Thanks,

Q: hello 5i:
at present valuations, and looking to the future, who do you like better; CNR or UNP?
Paul L

Q: Hi Team,

ENB, CNQ, SU are about 7.5% of my CAD portfolio. Is it ok to hold both CNQ and SU or are they too similar? If they are too similar then which other stock should replace one of these? My investments lean towards growth and dividend growth.

I have held Visa for over two years. I was hoping it will benefit from post panademic opening. So far it has done little. On valuations it appears overvalued. So do other payment stocks. Any suggestions?

Thanks
RR

Q: Good day all!
We currently have the above stocks on the tech side of our registered and non-registered portfolios. Looking to bring our portfolio in balance with recommended weights.
Can you please suggest 2 new stocks each for non registered and TFSA account that are good buys now. Dividends welcomed but not necessary.

Thank you

Roger

Q: with the pull back in CNR, what is a good entry point re: price?
thanks
Michael

Q: My veterinarian makes a killing off me. With pet ownership rising, and pets being increasingly considered part of the family, I see this as a growth business.

Are there any public companies that own and consolidate veterinarian businesses, similar to what is done by dental Corp, storage vault, neighborly, etc for their respective businesses. Thanks

Q: Happy New Year!

I am wondering if you want to add a railway stock, between CP and CNR which one you will buy, and a brief explanation if you will. Thanks.

Q: The initial investment on these and others has doubled. I do not require the funds immediately. I know these are outstanding companies. Each makes up 2% to 3% of the portfolio that is up by 10.5%. In this environment do you still abide by the statement "let the winners run", even to this extent. Should they be trimmed back to the initial cost, or should they be replaced? There are sixty positions in the portfolio balanced through all 11 sectors. I am a 77 year old dividend value investor.
Thank you for all your great input
Stanley

Q: Good morning 5i,
I enjoyed reading your latest market report on the potential for decreasing inflation, and am thinking of tweaking some sector realignment to capture this possibility.
I have had a good 2-3 year run with RSI but their earning do not look good so am planning on selling this. Will then redeploy funds into utilities which are underweight currently. Does this approach make sense for an income investor?

Q: Hi Peter and staff

Yesterday a member asked for a recommendation in each sector with dividends

The choice in consumer discretionary of CTC.A versus QSR surprised me a bit based on previous answers

Please compare and rank QSR CTC.A and LNF for me please


Thanks for all you do

Dennis

Q: Margins will be lower what would you switch to

Q: Can you give me your 4 best ideas for consumer discetionary and your reasoning for each. Already own MG,Atz

Q: Fidelity recently bought a large position in LSPD. Fundamentally every buy means someone sold. - someone believes and someone does not. What does that mean when a large brokerage house buys a large position. Is the buy for position to sell after an initial gain? A long position, to keep forever like the Quebec pension fund? Is this because it is oversold? This question can be in relation to any company. Clayton

Q: I personally feel the grocery stores are gouging Canadians like never before , this should give them great profits . Is there a ETF or specific company that one could invest in that hasn't already taken off , thanks and have a super 2023.

Q: I have 1% positions of Premium Brands Holdings and Boyd in a TFSA. Considering consolidating into one or starting a new 2% position in something with better growth prospects. Do you have three prospects to consider that would be better than PBH and BYD?

Q: Hi, I’m thinking of selling SYZ at a loss because I feel it may be in doghouse for quite awhile.
I would add to MG and NVEI which I have half position. Would you have any problems with my strategy, or would you just stay the course? Or maybe just add to one. Thanks

Q: My sister wants to invest in 10 Canadian stocks that are relatively safe in terms of capital preservation but which offer possible dividend and growth . Hopefully the stocks would be in different sectors that you would recommend.

Q: Hi 5i
I'm doing some portfolio clean up based on the assumption that the next 12 to 18 months are going to bring economic doldrums as the economy reacts to interest rate increases which, I think, take a while to filter down to where they effect corporate profits generally and, possibly, to where manufacturing and construction falls off enough to directly affect these names.
I'm thinking about selling DXT, CSW, WJX, LIF, and MREL (all at modest losses but in a registered account so no tax benefit) on the premise that they will not do so well over the next year and will take quite some time thereafter to recover such that there is a significant opportunity cost to holding them. (I was happy enough to hold them for their respective dividends/growth in the before times, but not so much now when growth seems unlikely.)
Could you give me your thoughts on my thesis in general and on how I've applied it to these names - is it sensible to sell them now at quite small losses given what is likely coming for them over the next year or so, when compared to what might be made of the money they are presently tying up if I handle it right.
Thanks!
Peter

Q: Looking to top up one of these in my TFSA. Which one would you choose - with some. commentary on each one please.
Much appreciated. ram