Investment Q&A

Q: does ET still have shares of HAI?
do you still think a take over might happen here?
Also what is your take of firefox gold?

Q: Hi,

I know you likely have commented on this (or similar) before, but I can't find the references in the Q&A.

Recognizing you can't personalize your opinions, in general what maximum percentage of an equity portfolio do you think the average investor could hold in the Brookfield family of stocks (specifically BN, BAM, BEP and BIP) and the Constellation Software family (specifically CSU, LMN and TOI)?

For context this is for long-term total return and in an otherwise well-diversified portfolio of CDN, US and international stocks.

Many thanks for your insights.

Michael

Q: ATD has gone from $86 to $75. Is it time to buy the dip?

Q: Could you please shed more light on the components causing Canadian Tire EPS to go from over $15 / share in Feb 2023 to below $5 / share in Feb 2024.

I'm thinking about buying and selling lots at current prices to lower my costs, but I would like to understand the EPS drop more clearly before proceeding.

Thanks.

Q: If you were a gambling man, which Canadian companies (tsx or venture) would you bet get acquired sooner rather than later?

Q: What to do about LULU? I have half positions in LULU, BKNG and BYD. It appears that there has been a shift in consumer spending to frugality and, if so, sell, hold LULU or move funds to one of the others to full positions or move to another discretionary stock?

Q: Could you please recommend 3-4 Canadian names that you would buy now in each of the following sectors: Technology, Industrials, and Materials?

Q: Hi Team,
I am debating initiating a position in CTS (Converge). How much confidence do you have in the name? Do you see them being extremely successful in a 10yr time frame? If so; I need to raise funds to buy the name hence trim one or a combination of names. Which of the following would you suggest trimming (or combination of) in order to buy CTS: Well, ATS, TTD,META, CRM. I would only be interested in trimming names in which you think CTS has more potential for SP appreciation. Thanks!

Shane

Q: Hi team,

Grateful if you could provide a list of what you see as the best canadian and the best U.S. blue chips at this time for building a solid portfolio with a growing future. It would help to know what guided your choices.

Deduct as many credits as you see fit.

Gratefully,

Jacques IDS

Q: I have a fairly large position in BCE, about double my usual size. Would you continue to hold? I am considering switching half the position into CGI.

Q: Happy Easter.
Are HMM & HPS related ? Do you favor 1 over the other or would you put new $ 50/50 ? How (what tickers) would you split your infrastucture allotment overall ?
In addition to base metals etc, we have STN, AOS, PAVE, NUE, BN. Thank you.

Q: In a registered account I would like to do some money recycling and choose 2 to depart from and recycle back into the others. HPS.A with 4% weighting and GSY at 6%. WELL is (well below) purchase price and although I still believe in the company the others might do better with a 5 years horizon but maybe not, your take. Could you identify the 2 you would let go and where would you recycle money into with a 1-5 preference, 1 beeing where you would add the most and 5 you would put the least. Having said all of that the total portfolio is much bigger and the position size of all of the above except for HPS and GSY are in the 1-2% range.

Thank you

Q: In your response to Peter this morning you stated that you "think investors can always hedge against the depreciation of US dollars" and you go on to give some examples of how that can be done. Would you consider owning hedged ETFs and CDRs to be another option to hedge against the depreciation of the US dollar? Thank you.

Q: Hi What are your thoughts on Payfare Inc and PHX.TO are they are buy hold or sell?

Thanks

Q: For at least10 years I had been invested in a diversified portfolio that included the eleven sectors, bond ETF's gold, preferred shares and cash only to see the bond ETF's and preferred shares continually tumbling down year after year. Gold went nowhere with no dividend, nada.Tiring of this I got rid of the bond ETF's, the preferred shares, and gold having lost thousands but I didn't care! At least I no longer had to look at this disaster taking place as they melted down to almost nothing. What was left I invested in the good companies and never looked back. As my five year GIC ladder came due, each year I gained a paltry $1,500 or so on $10,000. So no more ladder. All through the pandemic the dividends now kept on coming, stocks are increasing and I was up a minimum of $140,000. So now I have cash, all eleven sectors with fixed income from ETF's like UMAX and others plus my pension. So cash 13%, Equity 50% and fixed 35% no bonds, no gold, no preferred shares and 2 years left on my GIC ladder and Europe ETF. I know 5i loves to include bonds etc as a "balancing diversifier" to a portfolio but for me this did not work out. Maybe in the next ten years or more they may break even but I do no want to wait that long. So far this works for me. I invite any comments that you may have.

Q: Can you comment on the current merits of Tfii.Is the founder preparing the company for his retirement/sale?

Q: Hi Folks,
Looking to add one of AXON or HPS.A to my non-registered account. May I have your opinion as to which one would be the best to buy today.
Thanks

Q: Good Morning,

I hold KXS in my TFSA. My goal is to maximize growth in the account. Would you endorse a switch to one of the above names. Which would be your current two favourites in the group?

Thanks,
Janet

Q: Goldman Sachs just initiated coverage with a "sell". Thoughts? A little harsh? Or GS sees something in the last quarter that triggered the decision?

Carl

Q: After today's 17% staff reduction news, would it be prudent to start a position in Canada Goose at this price level?

Thank you very much for your continued great advice!

Rod