Investment Q&A

Q: Scotia lowered the target price to $41 and stated that PKI should reduce the EBITDA growth and instead return more capital to shareholders in dividends. EBITDA grew from $1.25-billion to $2.0-billion. Is Scotia's hypothesis correct? I always thought that the EBIDTA growth is one of the most important criteria in evaluating a stock.

Q: GSY and DOO both in the growth portfolio are also dropping despite beating their last
Q results handily and being value stocks.

If the market is buying value stocks, why are these dropping?

Q: I held PBH for years, and sold a few months ago when it was just over $130, buying ATD with the proceeds, as I felt ATD was a bargain at the time (around $47 or so). The trade ended up working out, even though I don't often attempt to buy and sell equities based exclusively upon momentum and other non-income-related metrics: I tell everyone I am a lousy trader, but somewhat decent investor.

In any event, PBH has retreated to just under $122 as I am composing this query, while ATD has performed decently (up about 10% from purchase price). I would like to know your thoughts on which company you think will perform better over the next two years or so, and if it would make sense to pivot back towards PBH, or stay with ATD, if that company can be expected to work out better between the two options. If these two companies can be reasonably expected to perform similarly, I would deem standing pat to probably be the more prudent option.

As always, I appreciate your insights and I look foreard to your reply.

Q: Considering that you were frustrated with this one yesterday, today you must be downright peeved. I see no news and was just wondering if you have seen anything cross your wires on this one today. I am thinking of adding.

Q: Why has BAM dropped 10% in the past 14 trading days?

Q: I am underweight both consumer cyclicals and energy. Today, which would you buy: MG, SU or ENB? Goal is income, plus some growth. Thank you.

Q: I currently have nothing invested in a TFSA and am looking to maxout my contribution limit through the Balanced Portfolio. Are there any companies you would recommend against or ones you prefer more then others.

Thanks,
Adam

Q: The other day a subscriber asked a Q on support price for AcuityAds, so I searched and could not find one.

Please post that link or provide a level, as it appears it will pass its 52wk low today

Thx

Q: These companies are in my husband’s TFSA.
They were chosen from your Balanced and Income Model Portfolios.
Would you suggest adding any other companies to this portfolio?
Thank you,

Q: Magna International was bought in a TFSA on the US exchange. Because it is a Canadian company will the dividend be taxed?
Thank you for your response.

Q: Which of the above names would you be comfortable adding to today? Of those, what would be the priority order for additions? Finally, are there a couple of other names you would see as strong buy candidates to throw into this mix that are trading at attractive levels today?

Thank you!

Q: It seems to be a trading range from November to Now from $175 to $185. Any thoughts moving forward? Can it break out? Is it a reasonable buy at this price, long term?

Q: Hello 5i

Does the recent pullback in Neighbourly stock represent a good entry point.

Thanks

Q: Is there any possibility that you could add start date to the portfolio reports. You give the start price but not the start date. Or you could add a column giving the compound annual return. This would be more meaningful than the return since inception column.

Is there any way I can access all the transactions made in the portfolios. I can go back thru the monthly reports but that is a lot of work. To add to that the sell prices are not given, only that the position was sold. I also noticed that when you add to or divest part of a position, the start price is not adjusted.

Q: The Globe shows Shopify's forward PE as around 208 while the current PE is 41x. Does that make sense? Is EPS expected to drop that much next year?

Q: FSZ bought back a large block at much lower price than the market. Would you guess that this is part of a larger plan, perhaps restructuring, merger...etc. Since they spent lots of cash, would that also constrain them from an acquisition. With high dividends, cash flow and low P/E why this stock is not getting traction? Appreciate your opinion, thanks

Q: Bep.un has fallen nearly 10 % in the last week. Is it the scare of rising interest rates or some thing else ? Is it sill a buy, hold or sell. I would appreciate your thoughts.

Q: There is usually over a million shares traded on this daily. It doesn't seem like the sellers ever dry up. Most people don't day trade. Could this be manipulation. My thoughts are this would be the worst time to sell and most people/institutions already have.

Q: Any news about Descartes? Caught up with the rest, shorters piling on, or something else?

Q: Any reason you see for the sharp 7% drop in the stock today?


Sheldon