Investment Q&A

Q: If I was the risk a relatively small portion of my capital and not be too concerned about losing it, what stocks over about a three year period would you recommend? about 3 to 5 companies iam talking about.

Q: Hello 5i,
I have 2 stocks that are near 52 week highs, but have concerns about.

1) Chr.b Chorus Aviation, I am concerned that they rely on Air Canada for business and should AC decide to go with another carrier or fly these routes themselves it would ruin Chorus.

2) Win.US, Windstream Holdings, there is always concern that they will not be able to maintain the current dividend ($ 1.00 per year)because they have too much debt and declining revenues.

Are my concerns warranted? Would you hold or sell these stocks?

Thanks.

Q: Valeant continues to struggle and its on going battle with Allergen doesn't seem to be going anywhere. You have mentioned previously that even if the Allergen deal goes through, the new company will be risky given the debt load. As I already down on this stock, would now be a good time to sell and purchase Concordia or Knight since the risk profiles may not end up being that different?

Thanks for the superb service.

Paul F.

Q: Hi. PPY chart looks like a set of stairs going to the basement. Oil is up over the last few days.
I just received an answer about Points PTS from 5i which not long ago was $28 plus. You said you were comfortable at $23 to
$24. It got down into the $22 plus today 7/21. Do you think it will be under $20 shortly? If these two mentioned stocks are a sell I would rather take a loss than a bigger one later. I also have CHW Chesswood which seems to be marking time. I am going to try and recoup some of my money by getting into some stocks which are doing quite well lately. TV, CEE and PUR. What is your opinion of them? Thanks
Dennis

Q: Regarding your recent blog on doubling down, would you care to share some potential candidates?

Q: Interesting article "Going Big". How would you suggest someone with the right risk tolerance approach such a strategy ie., would you start with say 5 or so stocks and double up with momentum by maybe selling a weaker performing stock? What stocks might be candidates currently? Thanks, Mike

Q: Hi Peter & all
Most enjoyed your article in the FP this A.M.& concur with your thought process.Please give 3 stocks you believe warrant doubling down in for future growth. Thanks & am enjoying all parts of 5i Research.

Q: Just to help with Shyam's question: I have been living outside Canada for a few years now and investing in stocks through Canadian brokers. The biggest issue is whether you are officially becoming a tax non-resident. If so, some brokers won't want to deal with you, some are ok. They should start withholding tax on Canadian dividends and again, some will and some will not. As an example, TD Discount will do withholding but will only allow a basic cash account (no margin, Canada & US only), Interactive Brokers does not allow non-residents. Registered accounts are not affected by this. I'm not qualified to give any tax advice but this was my experience. Absolutely doable but can be a pain if you actually switch tax residency.

Q: In your most recent blog, you have an article about leading indicators. In this article, the section on PE10 notes that the long term mean value for PE10 is 26.48. Subsequently, the article notes that the PE10 today is 26.48 and that this suggests that stocks are significantly over-valued. This doesn't seem to make sense. If today's PE10 is equal to the mean then stocks are not over-valued. Is the value quoted for today's PE10 correct as it is curiously identical to the mean value which I find suspicious? Thank you.

Q: In an account where I've borrowed to invest ( 3% interest rate) I have cash to deploy after trimming a position. My overall portfolio is underweight in Healthcare, Consumer Non Cyclical, Real Estate and Utilities. I'd appreciate a suggestion in any of the above sectors that may provide share price appreciation with at least a 3% dividend to cover borrowing costs.

Thanks in advance.

John

Q: Hello- what do you think of Clairvest Group CVG?
Thanks

Q: What is your opinion on agrium? Is it going much lower? Thank you linda

Q: Hi 5i team,

I am working on getting a more diversified portfolio in my non-registered accounts when I add new money. According to RBC Direct Investing I have 0% utilities, 0% industrials, and 45.1% in energy.

It seems that you consider ENB, IPL, and PPL as utilities. Is that correct? If that is the case then utilities make up 22.9% of my portfolio, and energy is 22.2%. Still too high I suppose.

I would like to add some dividend paying industrial stocks that would make up around 5% of my portfolio. What industrial stocks do you recommend at this time? [I guess STN and BAD] Is there a seasonally good time to buy industrial stocks? I can wait if there is.

Note: If I recall you classify BAD as an industrial stock, yet TMX lists it in the energy sector. Sometimes it's difficult to figure out sector allocation when some stocks get classified differently depending on the site you use.

Paul

Q: Hi,
Would you please give me your opinion of Cascade CAS.TO at this time, as it has been a while since the last time.

Many Thanks

Q: Hi Team, What are your thoughts on Neptune's (NTB) results.
IS IT A HOLD, BUY OR A SELL.
Thank you for a wonderful service

Q: Is there a place for Quebecor in a portfolio if you already hold Telus? Are there any credible reports that confirm Quebecor will join forces with large financial players to expand their wireless business east of Quebec?

Q: Hi Peter & Team! Most of my investments are large cap stocks and I hold a well diversified portfolio. My TFSA represents a small portion of my overall portfolio and I'd like to add 3-4 stocks with some strong growth potential recognizing of course that I would be assuming some risk. Could you recommend some names for consideration at this time? Thank you, Ian

Q: Freehold announced they were listing another 4.65 million shares offered at 26.90 but the stock sold off prior down to 25.56 at one point-what causes that ?

Q: My portfolio consists of 25 stocks with an approximate 4% weighting each. I'm currently overweight in oil/gas and want to trade out at least two of Tourmaline, Rock, Bellatrix, Spartan and Bankers Petroleum. In your opinion, a) what two should I sell and b) what would be the best investment (total return) over the next 12-24 months between Boyd (byd.un), Boston Pizza (bpf.un), CCL Industries (ccl.b) and Parkland Fuel (pki). Thank you for the great service.

Q: I few years ago I purchased Torstar TS.b for about $9.00. I have seen it fall to about $5.00 and now it is up around $8.00. I have done well on other buys most recently thanks to you. I am thinking of selling and would appreciate your comments on selling and a replacement. Great work. I hope the driver that hit you was charged.