Investment Q&A

Q: What are your thoughts on rail stocks at this point in the business cycle? Any preference between CNR AND CP?

Joe

Q: Hi 5i,

Can you explain how the “VIX” is related to the “VXX” ETF? I would have thought they should trade in tandem but they don’t even come close on some days (Example: Jan 3/23 VIX up $1.23 VXX down 8 cents).

Thanks
John

Q: Hi Everyone at 5i!! If you had to chose between CGY or DOO for future growth, which one would be your choice and why?

Cheers,
Tamara

Q: HI,
sorry for the long list. could you just rate these as a buy, sell, or hold right now. I am a long term investor.

Q: Happy New Year to the 5i Team. I enjoyed Lightspeed on its ascent in my TFSA, and suffered buying back too early. I believe, supported by some analysts, that it has a future. Should I take my lumps, sell LSPD and invest the proceeds to increase my position in BN to 4%, or continue to hold LSPD. Which stock does 5i feel will generate the best overall return over the next 5 years?

Q: I sold Nutrien at a much higher price in 2022 with the intention of rebuying if the share price pulled back. While the share price has indeed pulled back, the 50 dma is heading down and the 200 dma has recently turned down. These technicals are giving me pause. I know 5i prefers looking at fundamentals. Considering fundamentals, NTR looks cheap to my inexpert eyes. Would you be comfortable buying now given the fundamentals of the company?

Thank you as always for your expertise.

All the best in 2023.

Q: hi. can you rate these as a buy, sell or hold please. long term investor.
cheers, Chris

Q: Is CJT a HOLD or would you sell. I already have Air Canada which I'm not too happy with.

Thanks,
John

Q: Can I get your thoughts on RBA. Also what do you think of transformative transaction announced.

thx

Q: Hi 5i,

I’m an income investor who is looking for capital preservation. I sold Bank of Nova Scotia (BNS.TO) earlier in the year to preserve capital and am now looking at it again because of the 6%+ dividend. It’s not one of my favorite banks, but what a great dividend.

Would a switch from North West Company (NWC.TO) to BNS at today’s prices make sense to 5i? Safety of capital and long-term dividend growth are most important. Any comments on either would be appreciated.

All the Best for the New Year!

Q: Hi, please provide your thoughts on Canadian grocers as investments at this time of anticipated recession and your top choice with a brief explanation. Thank you!

Q: Most of the forestry companies I follow are down 25-50% this year. Resolute is trading near it's 52 week high. Do you know why this is the case? I notice they have pulp, and some private label paper products (but this segment doesn't seem to be helping Cascades).

What is your favourite forestry company these days (for eventual rebound in construction)?

Thanks,

Q: Cannabis stocks have been decimated. Does this seem overdone ? Are there any that look attractive at these prices? How do you like mid/long term potential of this space?

Q: I would like to purchase one of these for an aggressive growth account for the next 5+ years. How would you order them best to worst? Thanks.

Q: I am a “dividend + revenue” investor, considering the high volatility, recession risks, and inflation, these are my main "moves" in 2022 :

1) Sell most of smaller Cies stocks
2) Keep selected larger Cies stocks considered to be in a good financial and strategic position
3) Keep various REITS like data centers,real estate,etc.. (no shopping centers,since on line shopping is increasing)
4) “Accept to sell” (with high profit though) some excellent large Cies stocks in order to Increase the proportion of selected ETFs (dividend and/or dividend growth), including US ETF in RRSP
5) Keep a significant proportion of utilities ETF, and Canadian financial ETFs
6) No fixed income, no bonds,and no fixed income ETF ( I wish to equal or beat inflation if possible, plus the fact that fixed income products are not easy to trade and to manage ,except for experts)
7) Increase the proportion of covered call ETFs in order to better resist to volatility and to maintain stability of revenues
8) Keep closed-end funds and split-share corporations (in a small proportion)

What are the weak points, any adjustment suggested?

Thanks, you are always very helpfull to “refine “ researchs according to various strategies

Q: I am selling one or all of TVE,AC,KXS for tax loss. All are down similar amount . Would you please list from first to last your preference for disposal.

Q: Hi 5i,
I wonder if you could give us some guidance. My wife holds the above in her RSP, with all being more or less a full position except for ENB at 2X, BCE, CM, and SU at 1.5X each and CHR and DXT at .5X each.
She has until the end of 2024 to convert to a RRIF and currently has $40K to contribute to her RSP and has the room for that contribution.
She would like to invest in some different names, or divest/reinvest in those she has, with an eye to maximizing value before the conversion to a RRIF and to continue thereafter. She's not asking for much - just safety, capital appreciation and income ...!
Based on this info, can you offer any thoughts on new names to add or which of the existing to either pull back on, or dump entirely if that extreme measure seems warranted?
Thank you 5i, and we wish you all an excellent holiday season.
Peter

Q: I hold shares in BN, BAM, BIPC and BEPC. I am now underwater with BIPC, which I have held for its generous dividend. Given BN seems to be struggling even more than BIPC for shareholder love, would you suggest selling BIPC for a small tax loss and replacing it with BN? Looking for a 3% dividend with some growth. Thank you.

Q: I currently have holdings in the above-noted companies inside my TFSA and am intending to add to one or more of the positions. I understand that they are very different entities, but how you would rank them in terms of general quality and upside? Thank You

Q: Hi, if I were to sell SYZ for a tax loss, would you replace it with SHOP or KXS ? Or simply buy back SYZ. Who do you like for a long term hold. I also have CSU.
Thanks, Merry Xmas, looking forward to 2023