Investment Q&A

Q: I would like to hear from you on the potential impact that bad policies such as the rise of minimum wage, high power costs in Ontario and the risk of losing the NAFTA framework may have on good companies that were thriving under previous governments.

Q: After all the Gov't announcements yesterday showing a very clear path to rec have you changed your opinion on WEED? They've eliminated the doubt on whether or not rec would go through. I think all the institutional buyers are going to start loading up. Your thoughts?

Q: Canaccord has identified CanadianTire as one of their top 10 dividend stocks.

2 questions here:

1. Is there any information as to the sales volumes and comparable profitability between their 3 major divisions: Canadian Tire stores, Marks Work Wear House and Sport Check? And if so, projected future numbers.

2. Would you agree with Canaccord's opinion?

Thanks.

Q: Hi there,

I know you like both companies but what would be the better name at this point? Would you buy 1) ZZZ 2) DOL or 3) half of each?

Thank you!

Q: Hi there
Love your service. I have held NWC for quite a well and like that it has a rather protected market in geographically isolated places, plus it's dividend and steady price.
I was thinking of adding to my position to bring it up to 5%. I would like your opinion of their recent earnings, prospects going forward and any thoughts on their damage in their Caribbean stores e.g. although some are damaged will their sales ramp up in the rebuild.

Thanks

stuart

Q: I am considering buying US dollars from my Canadian cash account. What is the most efficient way to do this? The spread at my bank is quite expensive.

Q: Why is Winpak taking such a nosedive today?

Q: The book value of Dollarama is negative $0.52 and the stock price is $133.67 This gives a huge price to book of negative $257

Why does this huge negative price to book not matter. I always thought price to book value was an important financial ratio.

Q: Could I please get your opinion of this company. Thanks.

Q: May I have your opinion on TRZ. I know you have disliked it in the past. Desjardin has recently come out with a buy rating of $14.00 (10.14 as of writing). They point to high volumes due to increased Canadian Dollar and cash balance of 165 million. May I have your opinion?

Q: Good morning Peter, Ryan, and Team,

Could you give two or three Canadian stocks in each of the following sectors that look to be compelling buys today?

-Consumer Discretionary
-Financial
-Health Care
-Industrial
-Information Technology
-Utilities

I may already own some of your suggestions but would be comfortable adding to positions if my weighting is reasonable. (my call).

Thanks in advance for steering us through turbulent times!

Q: Hi, CDN Dollar has gone up from $0.73 to 0.82 (+8%) within a span of less than 2 months. BOC did n't wait till October meeting and raised the Prime, indicating their bias towards more hikes in the future. In this environment, I am trying to figure out the currency impact on results of companies like CCL Industries, which have a fair share of earnings globally but report in Canadian dollar. CCL.b has already seen its share price tumble from $68 to present $57, within last 2 months.
(assumption being that CDN$ rise is the major reason)

Which are the other companies, in your coverage, deriving a decent share of their revenue in US Dollars and could see the impact of higher CDN $ ? Should this change in CDN/USD value raise a concern and revisit the holdings/weightings in your portfolios ?

Thanks

Q: Why has Metro fallen off of a cliff? Would you be inclined to invest in it now or sell it and go into better opportunities in the sector like AMZN? I have a 2.5% position in it at around $29.

Q: i assume all three companies are going down because of the cdn dollar, is this correct. dave

Q: My concern is the US is going to move to close tax loopholes on companies doing most of their business in the States, but headquartered in other countries. What companies you cover might be negatively impacted in this case?

CXI and BYD are two that spring to mind.

Thanks as always for your great work.

Phil

Q: Would you own, for example, half positions of each of these companies or just pick one over the other? Thank you.

Q: I own MG and MTY in consumer cyclicals and contemplating adding another name among GIL, RCH, ZZZ or CTC.A. Please order them from best to worst as a solid complement to the two I already have, as part of an RRSP account with a 15+ years time frame. Please give a brief rationale and suggest another company if there is an obvious better choice. I note that the stock value of RCH is surprisingly stable on multi-year charts for a c. cyclical.

Q: What do you think about the purchase of Norbord at these levels? Will the Harvey requirement for more wood products impact Norbord?

Q: Good Morning All,
I have cash from profit-taking in resources and I'm looking at ABT, ITP,SIS,CCL.B, or ZCL. All had some pull-back and pay a decent dividend. Your thoughts please. Many thanks for your excellent service. Bob.

Q: CTC.A stock has lost ~5% in the last 5 days, do you have an idea why? (other than because I just bought some).
What is your assessment of the company going forward?
Thank you.