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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hello, thank you for great service! I made good money after split and now I am thinking is CIG & FSV are still keeping good potential to grow? I have them in my TFSA portfolio. Is it good time to sell and to invest in some potentially faster growing names?
Read Answer Asked by Galina on January 25, 2016
Q: Hello,
Could I please get your opinion on Transforce vs Trimac. When Contrans was sold I purchased a small part position in each TFI and TMA. Both are down approx 30% and each represent about 1- 1.5% of my portfolio. I am debating on selling one of them for a loss and adding to the other. Which one if any would keep and why? Or should I average down on both or one of them? I can hold long term if needed.
Thanks for your help,
Kerri
Read Answer Asked by KERRI on January 22, 2016
Q: I am interested in ARE, STN, WSP and SNC as potential beneficiaries of federal infrastructure spending but am wondering how much of these company's current business is associated with the energy industry. Do you have an estimate of this for each of these 4 companies.
Thank You
Read Answer Asked by angus on January 22, 2016
Q: Good morning. With provincial and federal health ministers strategizing to lower pharmaceutical costs for Canadians, what do you think will be the impact on Jean-Coutu? Is it likely or even certain that a Pan-Canadian bulk-buying program for drugs will open Jean-Coutu's sales to more provinces and increase the volume of generic drugs Jean-Coutu sells? Thanks for your excellent advice.

Here is a quote from the CBC article posted Jan 21:

The group will build on the work of the provinces' bulk-buying program, the Pan-Canadian Pharmaceutical Alliance, which saves money by negotiating large contracts with pharmaceutical companies.

"Even with that work, prescription drugs are still too expensive in this country," said B.C. Health Minister Terry Lake.

Read Answer Asked by Robert on January 22, 2016
Q: Please give an update, I have held this for six years, is it ever going to do any thing? Thank you
Read Answer Asked by Jack on January 22, 2016
Q: Hello,

I have sold my Bin shares and I would like to add to one of my current industrial holding. At the present time which one would you have a preference towards. My holdings include Stn, Wsp, Bad and Mda.

Thank you
Read Answer Asked by Josette on January 22, 2016
Q: Please provide your view on MNW's announcement on voluntary $25m pay down on its credit line from its strong cash [position,& its upward revised guidance.It really got hitn recently(even down today despite strong market recovery.Appreciate your usual great advice & services.Have a small holdings @ $12.66,so should I average down hare a bit; Further to my Q earlier tonight,Canadian Insider shows that on Jan 19,Richard McBee has a -500,000(in red) expiration of options @ US$5.16.Please advise meaning.Thanks for your usual great services & views.
Read Answer Asked by Peter on January 22, 2016
Q: Aside from Whitecap Resources, the two hardest hit stocks in your balanced portfolio YTD are Stella Jones and Enghouse. I know Enghouse was highly priced, but are there other reasons why these two have been hit harder than others? I would have thought SJ would be a fairly conservative, low beta stock insulated from world problems, including oil. Is this likely to continue or is this a buying opportunity? Do you regard Enghouse as still being highly priced after its 20% fall?
Read Answer Asked by John on January 21, 2016
Q: For a conservative income investor looking for more diversification, do you think that Chemtrade's sector and specific product lines are an appropriate choice in current economic conditions? I would be adding to a current holding in Chemtrade.
Read Answer Asked by Carl on January 21, 2016
Q: Please comment on the results from CP. the market does not seem to like them.
HOw do you feel about the attempted take over of Norfolk southern?
Is the fall in price justified? At what point would you consider CP a good buy?
Thankyou.
Read Answer Asked by maida on January 21, 2016
Q: Stocks in my Industrial sector are: ATA, BOS, CJT, DRT, XTC, KBL, LNR, WSP. (BOS, DRT & LNR as very small positions). I have some cash as a result of selling BIN yesterday and would appreciate your thoughts on how to re-deploy it in the same sector, either by purchasing different or adding to currently held stocks. Also, if you feel any of my existing stocks should be sold & replaced.
Ryan's article this morning was a good read. Many thanks.
Read Answer Asked by Alexandra on January 21, 2016
Q: Hello Peter,
Any idea why Newalta is surging higher for the last two days. I have not seen any news to reflect such increases. Could it be due to Progressive Waste Solutions ticking higher and Newalta being possible takeover? Also, would you consider adding to Enb, BAM, and Banks as 5 year holds? My weights for ENB, Banks, etc are greater than 5% but given the dividends, it is enticing to increase the weights for monies needed 5 years down the road(RRSP etc). Much appreciated.
Read Answer Asked by umedali on January 21, 2016
Q: In my well-balanced portfolio, and with no need for cash, is there any of the following you would recommend selling at this time in this down market, and the reasons for any sale recommendations.
Chase Corp CCF-US: Bellatrix BXE-T; Thomson Reuters TRI-T; Interrent IIP.UN-T; Inovalis INO.UN-T; Onex OCX-T; SK Telecom SKM-US; Dream Global DRG.UN-T; Chemtrade-CHE.UN-T; Partners-PAR.UN-T; Premium Brands-PBH-T.
Thank you in advance for your comments and opinion.
Read Answer Asked by Harold on January 21, 2016
Q: A steady stream of positive news from this media company bodes well.
Your considered overview please.
Read Answer Asked by Ryczard on January 21, 2016
Q: Like most people I have a bit of cash to spare but am nervous about catching the proverbial falling knife in this market. Would you recommend easing into a stock I liked slowly by buying part positions? Or better trying to buy based on a technical signal. Such as waiting for the ten day moving average to turn up or a golden cross to develop etc.? In the past I have found technical signals to be pretty useless and I think academic research shows their accuracy to be at best slightly better than a dartboard.
Read Answer Asked by Andrew on January 21, 2016
Q: With so many (hopefully) bargains which stocks would you guys start chipping away at? Preferably ones with dividends and low debt. What would Peter and Ryan be doing?
Thanks guys
Read Answer Asked by Marie on January 20, 2016
Q: Recently and in very short order, the TSX blew through a correction (10% down), then quickly passed through bear market territory (20% down) and is right now on this very bad day about 26 % off its high. At what point do we start calling this a market crash? At what point would you consider there to be blood in the streets? It certainly feels like the blood is being sucked out of my portfolio!
Read Answer Asked by Steven on January 20, 2016
Q: Based on your time and experience in the market,does this feel like capitulation? Could the the energy pipe stocks like IPL,TRP and ENB be viewed as the candian bank stocks of 08/09, sold in capitulation(fear) to provide an incredible buying opportunity for those brave investors who looked like they were stepping in front of a "freight train"?
Read Answer Asked by Ronald on January 20, 2016