Q: Hello Peter,
I have not seen any news (yahoo, google etc) to account for a big drop today on ACQ. Any idea please? Also, can you comment on why Amazon given their release last night why their stock hardly got hit, yet DH Corp and others take a huge loss if they miss earnings, etc . Do you think it has to do with forward guidance which may lessen the losses. Thank you.
Q: My portfolio is predominantly made up of 4 company's stocks. They are ATD.B, GIL, HCG and SJ. With the exception of SJ (bought it in 2006) I have owned them all since 2002. I have significant capital gains from them all and have been selling them off slowly over the past three years. In each of the past three years I paid significant taxes due to the sale of these shares. I have tried to offset some of the gains by selling some of my losers but the gains are much higher and selling my losers makes the imbalance in my portfolio greater. Do you have a suggestion on how I can help balance my portfolio and avoid paying significant capital gains taxes?
Q: Many darlings of the past year or so have been hit hard,some very hard eg VRX,CXR & DH(yesterday) & today it was ZZZ.Bruce Campbell#2,who made ZZZ his top pick 4 times since 6/30, voluntarily told Market Call(3pm pt) that he had sold ZZZ as it no longer meet his metrics of EPS growth rate & valuation,& replace it with a better choice,but still like the co.Today ZZZ dropped 6% on big volume(385k).A very volatile market.Hard to make a buck.Note that the big 6 Canadian banks are slow & steady,but returns(average 4% dividend-40/50% p.o.-plus capital appreciation are lower than those darlings in their hey day
Q: can I get your thoughts on this company, I am up over 240% so I can't complain but the volumes and price fluctuations make me wonder if something is up
Q: I have shares in Amaya, Intertain and NYX gaming and am quite discouraged with both their performance and their outlook. If I were to hold any of them could you rate them from strongest to weakest with reasons. Do you think any of them are an outright sell at this point. Thanks.
Q: CNR was down 4% today on disappointing earnings as freight volumes declined. Do you think this is a good entry point, or do you see a further downside? Also, what would you consider an appropriate weighting (I have no transports currently in my portfolio). Thanks!
Q: I started taking a position in ITP in late 2014 and had been adding to my position since then. I am currently up by about 40% on this stock and wondering if I should take some money off the table. Your comment will be much appreciated.
Q: Could I have your recommendations for my dividend growth portfolio. I would like to average 4. to 4.5% yield. (Is that a reasonable target? I will have about $100k to deploy in 4 -6 stocks as I bring down my banking sector exposure. I currently have Agt .8%,AD 4.5%, AQN 1.2%, ALA 4.5%, BCE 6.1%, DIV 4.2%, ENB 5.8%, IPL 6.7%, PUR 2.6%, SPB 1.8%, SYZ 2 %. I am think of adding to AQN , PUR and SYZ maybe adding BAD and Fortis. I look forward to your ideas and thoughts.
ps could please tell me what the lessons learned are from crx I am still smarting and thinking of adding stops and not sure which stocks should have stops and what percentage of the current price to employee. mike
Q: Please comment on the marijuana sector meltdown. Any idea what turned the green momentum into a bloodbath today? Is the speculative money that the fueled the rally all exiting en masse?
There was news that Lowblaws is applying for a license to dispense marijuana. Considering that the crop is almost as easy to grow as tomatoes, would some of the BC based hothouses look to apply for production licenses?
Q: I noticed that WFT reported good results today. Would this be a good time to invest in a Canadian lumber company? Which companies do you like and why?
Q: The above are 4 lagers in my RRSP, on average down by 30%. I have a 5 year time frame to get at least the 30% back which represents $26000.00
I would like your input on a stock or stocks that could help me achieve that goal
As usual thanks for the great info because of your help my TFSA is in excellent shape
What are your thoughts on today's hit to QSR & the results? Is this a buying opportunity or a warning? My portfolio distribution lies somewhere between your balanced & income portfolios.