Investment Q&A

Q: I am overweight in Tech in my TFSA account. The tech stocks I own are: CSU, DSG, KXS, QCOM, VGT. What would you sell first or would you just reduce weightings? I have done very well with CSU, DSG and QCOM but I am wondering if they have run out of steam.

My second question relates to increasing holdings in Consumer Discretionary, Consumer Staples, Communications and Health Care. Please suggest your top pick (Canadian or US) in each of the above sectors. My preference is for growth in my TFSA.

Q: I have listed the companies & etfs in my tfsa plus the %age of each in my portfolio & would like your opinion on whether the group is too passive or aggressive . Should some areas be reduced & would you add some stocks or etfs to give it more diversification? I have pensions, am retired & don't rely on the proceeds for living expenses.
Since I joined 5I ,& more particularly this past year, your advice has been invaluable. For example I just sold DND for a $6600. profit. Your site gave me the idea to buy DND .
Thanks
Dave

xbc 5%,pho 2.5% sis3% aqn5% bam.a4.5% bep.un10%,BEPC:CA,2.4% kxs6% nwh.un2.5% ry10.5% bns7% td7.5% xsu 4% zem2.4% zch2.3% zwe2%

Q: I own shares in the above companies. I realize some of these a very small. Can you please tell me which ones would be the best to add to or would you recommend other building materials on the TSX? Would you suggest I sell any of these?
Thanks, Stan

Q: Hello, i have made some great gains since March on my Linamar shares. Thinking of selling and buying Magna? Thoughts?

Q: Which stock would/should continue to grow, considering the emphasis on the car industry.
Let's keep the trading gains continue this year with your excellent advice!
Thank you Team!

Q: The market is way up, but BIPC is way down and I can't figure out a reason. This is not one of those stocks that goes up or down 5-6% in a day.

Q: Hi!

I have a 4% allocation to transportation within the industrials sector.

I have a 2% position in AC and looking for another company for a 2% position. Debating between the above companies...what are your thoughts?

Thanks,
Jason

Q: Recommendation sought for investing new TFSA contributions. Expected drawdown on TFSA to start in 4 - 6 years.
My wife and my combined TFSA holdings are about 18% of our total portfolio, and the combined TFSA holdings are made up of:
PRMW & KEL <1%
PXT 3%
BCI 4%
BAM 7%
SIS 8% (20% loss)
XAW 8%
KXS 11%
VGRO 55% (the only investment also held in other accounts)
Cash 3% plus new contribution
I'm considering WELL (for growth) and FTS (for dividend & stability), possibly TFII?, or add a bit to PRMW (none of these are held in other accounts), for the new money.
Reasonable? Appropriate? Other recommendations?
Thanks for all you do, and I wish all of you a healthy & happy year.

Q: Hi 5i,
This may well be 4 questions, so please deduct points accordingly.
Portfolio Analytics indicates that I'm underweight in Communications Services, Consumer Defensive, Industrials and Consumer Cyclical, and I'd like to top up these sectors.
I try to be a balanced investor and like income, but I don't mind taking on more risk and little or no income on something with a solid premise. Especially right now I'm looking for companies that are poised to benefit from the return to (more or less) normal life that 2021 might bring.
My present Communications Services weight all comes from the following ETFs - TXF, ZDI, DISC and ZWU. Can you provide a few Canadian equities to look at in this sector at this time, other than the big four?
My present Consumer Defensive weight comes mostly from NWC, with a smidgeon from ETFs like ZFI and DISC. Are there two or three Canadian equities in this sector you'd currently recommend looking at?
My present Industrials weight is in FTG (which I'd be happy to sell unless you think it has the potential for recovery in the coming year), QST and XBC. Are there another two or three Canadian names you presently favor in this sector?
And finally, my only Consumer Cyclical other than whatever might be in the listed ETFs is NFI (although I'd have thought it would properly be classified as an Industrial). Again, could you recommend two or three Canadian equity names that might qualify as viable Consumer Cyclical holdings going forward?
Thanks a lot and Happy New Year!
Peter

Q: Would you recommend purchasing gold stock or physical gold at this time?
If so, please advise which gold stocks you would recommend?
Also, would you recommend buying energy resources at this time, and if so, which energy resource companies would you recommend?

Q: You mentioned several month's ago that Magna was a cheap stock to buy these days, would you say the same now after it's recent good run? Also, di u think Thompson Rueters is still trading at a good price and still buyable also, thanks?

Q: Happy holidays! 5i team. Any thoughts on these two companies?
Thank you.

Q: Purchased Denison Mines about 10 years ago @ $3.62 and have been hopefully awaiting the return of uranium prices since. The stock price was up about 12% today to $.91 after being into the low teens earlier this year.
Would you take the money and invest in something with more potential or
continue to wait for further positive moves in uranium?
My financial consultant suggested the purchase of BMO Auto-Callable
Notes for my RIFF and after a brief review I ok'd the purchase. Subsequently I read an article totally against such an investment. Definitely to late to cancel without substantial costs. However, what are your thoughts on this particular type of investment ( possibly your answer would be of interest to my fellow subscribers)! I should add that I am in my early 80's and have requested minimum risk investment for my riff.

Q: What would be your 2 Top buys from this list for a long term hold?

Q: I have 2 questions to invest $100k for long term. (5 to 10).
1. What is the best approach on ETFs vs dividend stocks for the long term? which one is better?
2. What is the best income and growth EFFs and dividend stocks. I am looking for a diversified portfolio with 33% income ETF and 33% growth ETF and 33% dividend stocks? The investment will be in the RRSP, TFSA, non-registered accounts? also, suggest which EFT/dividend should be stored in what type of account?

Q: Hello,
I currently hold CNR and Waste Connections in my Industrials. CNR is in need of a trim. Suggestions about where to place the funds? I have looked at Finning, ATS, TRII, WSP, Xebec but only want, at most, a couple of others.

Thanks for you ongoing commitment to all of us.
V.

Q: Hello,
My Consumer Defensive currently consists of the above stocks. I am thinking of selling my ATD and buying some NWC plus something else. Any other possibilities that I should consider?

Thanks,
V

Q: Hi 5I! Two questions here for the end of 2020.

1- LSPD is now a 100% above its pre-pandemic levels with a market cap of more than 9 bln. Share price has doubled in two months. All of this with negative net income, negative net margin, negative ROE, negative EPS, etc... Price to sales ratio is at a astounding 39+! And, a probably decent portion of its customers still on lock-down around the world. I understand growth expectation are high and analysts are pounding the table on this one. The quintessence of the "Recovery" play. But at what point, to put it mildly, can we honestly say the stock is getting a bit ahead of itself? Isn't the downside risk factor growing at a equal alarming pace here, if things don't pan out like everyone expect? Don't get me wrong, I'm very happy to have bought the stock back in april. But I've learned over the years to be very careful when things get too easy. My best success in the market have always been acheived on the long run, with lots of patience and when things are boring.

2- FSZ has been trading at a very high yield for a long time now. How worry should I be since the yield stubbornly refuses to return to more "normal" levels. Either the market deeply undervalues the company or it thinks their payout ratio is too high and a dividend cut highly probable. Or, I'm missing something, which is also highly probable. Your toughts on this would be very appreciated.

To everyone at 5i, have a great holiday, happy New Year 2021 and thank you for your great work in 2020.

Q: In our investment accounts, reg and non-reg combined, we have: PSLV @ 3.5%, PHYS @ 3.5%, BCE @ 9.72%, BNS @ 6.6%, KEY @ 3.5% VSC @ 5.7% and ENB @ 6.6%. I have a significant cash balance which is available for the right opportunity. Thus far nothing jumps out as “buy me now”.
We have smaller allocations [2% to 3%] to FTS, MFC, ALA, KEY, SU each and a number at less than 2%.
Given we are retired I’m wondering about increasing some of these allocations on any market general pullback? I usually focus on liquidity and free cash flow as two of my selection criteria as well as comments you make to questions asked of 5i.
Thanks for an advice you can provide.

Q: Part 2 of my question about year end adjustments to my portfolio. I have fairly small positions in 10 of these stocks (0.6% to 1.1%), and no position in DOO. I would like to add to several of these using the cash generated from reducing larger positions in some holdings. Looking for best long term total return, 5+ years. Sector, and size of company not a major consideration, in a well diversified portfolio. I like growth, I like dividends. Looking at ATD.B, BAM.A, CAR.UN, DIR.UN, DOO, GRT.UN, ITP, LNF, TCN, TECK.B, SLF. Thank you.