Investment Q&A

Q: For non-Canada exposure I use ETFs (VFV, HXS, XQQ) along with Canadian companies that have significant international exposure. In 2016 you wrote an article on this topic and recommended ATD.B, CCL.B, WSP AND XTC. I particularly liked that you provided a table outlining the countries where the 4 companies were invested. Do you have further information on this topic?

Q: Why is HBC trading approximately 8% below the $10.30 takeover offer? I know Catalyst has indicated that they have enough votes to reject the offer. Even if the offer is rejected and Baker walks away, approximately 85% (Baker's group and the Catalyst block) of the shares are now held by individuals/institutions that believe there is significant long term real estate value. Furthermore, the TD Securities valuation and fairness opinion indicates the company is valued between $10 - $12.25. Shouldn't this set a floor for the stock price?

Q: Given the fact that CNR has announced layoffs due to a slowing economy how do you this affecting the stock's performance over the next few years. Thank You.

Q: You have no doubt answered this question a few times but am not sure how to search for it. Could you provide your top picks for tax loss selling. Market cap and sector are not a factor. Thanks.

Q: For several years I have owned Saputo stock. Since 2016 the share price has essentially been flat. Throughout the developed world I believe that on a per capita basis, milk consumption is declining, while cheese consumption is increasing. As a rule I prefer investments where there are built-in growth drivers and am questioning if this is in fact, no longer the case for Saputo. I have reviewed their annual report but cannot find revenue split between milk and cheese. Do you know what % of their revenue is split between the 2? Am interested in your thoughts as to whether or not there are positive or negative growth drivers for the products that Saputo sells.

Q: Value vs Growth stocks...what are your top 10 value plays in Canada?

Q: Consider selling CWB:CA and use the funds to add to my position in ONEX:CA. This would bring ONEX:CA to 3% of my portfolios. I already hold 4% in BAM.A:CA.

Thank you for your input.

Werner

Q: Hi,
My current portfolio is invested in 8% communication services, 2% energy, 27% financials, 4% industrials, 3% technology, 1% materials 3% international funds, and 22% utilities. I rely on the portfolio for income so I am looking for some dividend/growth stocks. I have another 120K to invest and was wondering if you could provide me a couple CAN and US stocks to invest in.
Thanks,

Q: Good afternoon!
I have a substantial funds from recent gains that need a home. Taking note of Benj Gallander's thoughts to buy in December after tax-loss selling, are there candidates that you might recommend for purchase if they do drop? In particular, I would prefer dividend payers in the order of 5% or near to that - more if feasible!
Thanks!
Paul K

Q: I am a retired pensioned investor. I wish to add one of the following to my portfolio.
ALA, XTC or CPX. I currently hold AQN and BEP.UN. No gas or manufacturing companies. Which would you suggest would be best for growth and income long term?

Q: Hi,

What would be your top 4 consumer discretionary stocks , with a slight growth tilt, at the current moment?

Q: If you were to make a speculative buy on any of the above forestry companies, which might be the least risky?

Q: My take on ALC's 3rd quarter numbers are a sort of a "muted positive". They seem be doing better but not really enough to move the needle. They have added new ships and freight rates seem to be increasing so organic growth is better. The dividend was increased and they continue to buy back shares but this is double edged sword for a company with poor liquidity. They have raised expectations for the 4th quarter which will be a millstone if they don't post good numbers in January. The stock appears to be range bound and will likely stay so until they either post better numbers or make a good acquisition. They did increase their ownership in the "Ocean Self-Unloader Pool" so they haven't been totally quiet on acquisition front. Management style seems to be cautious and careful. Any comments you have would be appreciated.
Regards,
Jim

Q: Can you suggest something to add to my RIFF. I am taking a minimum out as I don't need it but have some cash I'd like to invest for at least 5 years.

Q: I need to add to my consumer stocks. I am looking for short term reasonable safety, liquidity and dividends. Your thoughts on L, PBH, QSR. Thanks

Q: Good Day Team.
I was reading about these two stocks. What are your thoughts on each one?

Thank you,
John

Q: Why CCL.B keeps going down? Does the future of this company look bleak?
Why IGM has gone to the top, while FSZ is still sitting at the bottom although both are in the same industry?

Q: I have been monitoring the above list of stocks. I have some cash to deploy in the names. Can you please list the above names in your preferred order to purchase them. Which ones you like the best? Should I wait for tax loss selling season to see more pressure on the names. Thank you for your opinion.

Q: Please comments on Bombardier's latest earnings, is this company in the right path to turnaround? Would you start a position on it today? Thanks!

Q: Can you please comment on ONEX for a long term hold.

Thanks Valter