Investment Q&A

Q: I know this is very speculative, but do you see any stocks you think are strong takeover targets? I'm ideally looking for those with strong fundamentals as well.

Q: Would you please recommend an alternative to ATS Automation
(ATA) as the short position and heavy insider selling
has me concerned. Regards Gord.

Q: I am thinking of selling MDI and buying TOU and PET. MDI has done nothing since I bought it in Nov 2012 and I am looking for a more exciting and hopefully profitable stock(s). What do you think of the move in a balanced portfolio?

Thanks for the great service; best money I have ever spent!!

Q: Peter & Team,
SNC WSP STN ARE which one do you prefer better and the rationale. Thanks in advance.

Q: My no-so-smart advisor (whom I'm leaving) got me to buy $115K worth of US stocks for my Can. open/non-registered account. (At the time, I didn't know any better.)The $115K is 30% of my open account. In addition, he sold me about $30K of US stocks for my RSP; the balance being Can. stocks. This is the opposite of what should be. Can. stocks belong in the open account, to be able to take advantage of the dividend tax credit. Some of the US stocks are "keepers"; good companies I'd like to continue to own, such as AT&T, Pepsico, GE, etc. The question is what to do now? Just sell and buy Can. stocks for the open account, and US stocks for the RSP?

Q: Hi guys, I'm a new member and a rookie investor and so far, love the question feature and the overall site!

I'm building a buy & hold dividends US/Canadian portfolio in my RRSP and I am looking for suggestion for 1 or 2 Canadian dividends company for a long term perspective (5 years and more) to complete the portfolio, here are my holdings so far:

US: KO, JNJ, MDT, PG, GSK and V.

Ca: BNS, FN, RY, TD, TGL and TBE

I plan to add 1k every month into the smallest holding in the portefolio regardless of market. Would however switch and buy into a stock if there is a pullback.

Feel free to comment on the US perspective as well and the overall portfolio.

Thanks and have a great weekend,

Richard

Q: Hi Peter and team,

Great job keeping us all informed on the Amaya deal!

In addition to your recommended growth and income portfolios, i like to keep a portion of my TFSA dedicated to a basket of 4 or 5 value plays that have the potential to recover in the 12-18 month time frame. Are there any names out there that you would recommend. I am currently looking at NCR but would appreciate any others outside of the resources area.

Thanks

Q: Hi Peter and team,

I am doing a mid-year review of my 25 stocks. I have 9 that don't excite me too much anymore. Of these 9 can you tell me which 3 you like the least at this time, and why (goal is dividend with medium growth, 2 to 5 year horizon).

AX.UN, D.UN, XRE
HLP.UN
ATD.B
DR
TBE
THI
XSR

I know that you are not aware of the weightings and what else is in my portfolio, but ignore that for now.


Paul

Q: Would you please suggest 5 growth names with good current valuations. My intention is to have these positions supply some kiddy up to my core holding of the BMO low volatility etf, ZLB. Thank you.

Q: Hi,

Happily , for the moment I have positions in AYA, ACQ, & CSU
spread over 4 accts(cash, RLIF, RRSP, TFSA). They currently
represent abut 17.5 % of the total of the 4 investment accounts
of my overall portfolio. ACQ 8.4 % AYA 6.3% CSU 2.25%

My main concern is that all 3 investments are similar in nature as they are all "rollups" .

Do I have to worry about having a significant portion of my portfolio in this type of investment ?

I know that I need to worry about individual positions exceeding
10 %

MY second question is about a trimming strategy I try to use.
I have been selling 25% of an investment the first time it doubles and 25% each time it increase by 100% of the original investment. Is this a reasonable thing to do ?

I am considering taking only 25% of my profit instead on subsequent increases of 100%. and taking as much as necessary
to stay under 10 %.

I would appreciate your comments on this situation.

Thank you, Thank you, Thank you.

Leonard

Q: First of all, I want to thank the entire team for their services. I think you are all doing a great job and I appreciate the advice 5i provides.
My question is related to when to sell an investment. I've watched the YouTube video that indicates investors should sell an investment when there is:
1) Negative changes to company of industry
2) Over-promising & under-delivering by management
3) Declining revenues
4) Changes in competition
5) High debt

I know people shouldn't sell when a stock has gone up, but how do we know when a stock is overextended / expensive? Is there a metric you use to determine a good exit point, or do you just stick with your 5 reasons? Thanks!

Q: Do you have any idea why Domtar UFS has been falling so drastically since the end of March? Thanks!

Q: Hello Peter- Could you please rank in order of your preference, Whitecap, Tourmaline, Surge and Delphi in order of total return, using your ABC grading.

Q: Hi Peter and Team,

I'm looking to add an energy stock to my TFSA holdings (which currently include AYA, ENB, BNS, T, and STN). I've seen you recommend BAD, SGY, and TOU and have also been seeing various articles suggesting SU might be a good purchase given that it's relatively inexpensive at the moment.

Do you have a preference between any of these four?

Q: I have started new positions in Vrx and Pfe with their recent pullbacks as I do not have any healthcare. I would like to build up to a 5% position in each stock. Would you consider this prudent at this time?

Thanks,

Tom

Q: Could you comment on BAU,Bauer as along term hold,and what effect the listing and name change on the New York exchange will have going forward.

Q: Hello hello...This question has been asked in the past. But at this point in time, what are the growth-eee stocks you would suggest for at new TSFA, with $30,500. From a length of time to hold, I'm interest in letting the stocks do there thing. And about other stocks that are held in other accounts, this is not a factor for diversification purposes. Again thanks for the 5iR-Advise.......Tom M

Q: What is your opinion about western forest products (WEF )?Is it worth holding it?Thanks Ebrahim

Q: Greetings: My question is concerning 3 stocks: Element EFN, Fiera FSZ, and Tricon TCN. I have owned these stocks for over a year, and they have done almost nothing. I bought them because I understood them to be "growth names." But in retrospect, which I know is always clear, I would have seen more growth in non-growth names: BNS or HCG, or even KBL or WPK!. Also, I note that you say the following about Element: "We think it is a stock that needs to be given five years. We think the company, despite all of its recent activity, is only getting started."
OK, here's my question, I know, finally. My opportunity cost has been huge on these names. Should I just be patient (hopefully not for another 5 years) or exit now, after which I know all three will immediately shoot up, and then enter when they have "matured" a bit. I had expected steady growth. Or should I simply hang on and change my expectations. With new money I am buying names like First Service and Auto Canada and Boyd and seeing way more growth.
Thank you once again for service that I still can't believe exists. Cheers

Q: Peter and team,
Can you give a update and opinion for IMG, SAS and general gold comment.
Thanks,
Paul