Q: Hi, What growth stock do you have the highest conviction in for my 2022 TFSA 6000.00 contribution. I already have, CSu.BAM, Telus, TOI ,SLF, BNS,TD, VBAL,GLD. I was thinking perhaps an oil or gas name, however your opinion is appreciated. Canadian domiciled. Thankyou
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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.
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Brookfield Renewable Partners L.P. (BEP.UN $40.53)
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Brookfield Infrastructure Partners L.P. (BIP.UN $49.69)
Q: What is the difference between BEP and BIP? Aren't they both in utilities sector? Why does BAM feel the need to have 2 subsidiaries which focus on the same sector? Would one's portfolio need exposure to both?
If one is to hold only one infrastructure/utilities company in one's portfolio, which company would you recommend? BEP vs BIP vs any other suggestion that you think might be worthwhile? If it helps the answer, my risk tolerance is high and time line is 3-5 years.
Thank you for your guidance.
If one is to hold only one infrastructure/utilities company in one's portfolio, which company would you recommend? BEP vs BIP vs any other suggestion that you think might be worthwhile? If it helps the answer, my risk tolerance is high and time line is 3-5 years.
Thank you for your guidance.
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ARC Resources Ltd. (ARX $24.68)
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Canadian Utilities Limited Class A Non-Voting Shares (CU $42.40)
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Tourmaline Oil Corp. (TOU $61.64)
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Paramount Resources Ltd. Class A Common Shares (POU $23.82)
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Uni-Select Inc. (UNS $47.96)
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Canadian Natural Resources Limited (CNQ $33.57)
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Sun Life Financial Inc. (SLF $59.21)
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Suncor Energy Inc. (SU $44.36)
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Ovintiv Inc. (DE) (OVV $39.15)
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Montrose Environmental Group Inc. (MEG $24.33)
Q: I own small percentages of each of these in an unregistered account, I have $23,000. and I would like to add to some of them, which one would you suggest. Thanks for your help over the years, I read the questions so rarely ask one myself. Thanks Dorothy
Q: good morning,
AQN used to be at the top for your utilities stock.
Please explain the change in your appreciation.
Thanks and happy and prosperous balance of the new year.(not so prosperous this month).
Denis.
AQN used to be at the top for your utilities stock.
Please explain the change in your appreciation.
Thanks and happy and prosperous balance of the new year.(not so prosperous this month).
Denis.
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Brookfield Renewable Partners L.P. (BEP.UN $40.53)
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Brookfield Infrastructure Partners L.P. (BIP.UN $49.69)
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Brookfield Infrastructure Corporation Class A Exchangeable Subordinate Voting Shares (BIPC $63.39)
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Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC $59.26)
Q: A year ago both BIPC and BEPC traded at a 25-30% premium to BIP.UN and BEP.UN respectively. Today BIPC still trades at a considerable premium to BIP.UN whereas the BEPC to BEP.UN premium is now less than 2%. Why is that?
Also if you were to establish a Brookfield Renewable Partners position today in a registered account, would you go with BEPC anticipating that a premium may return? Other than a nominally higher dividend, is there any other advantage of going with BEP.UN instead of BEPC in a registered account?
Thanks...Glenn
Also if you were to establish a Brookfield Renewable Partners position today in a registered account, would you go with BEPC anticipating that a premium may return? Other than a nominally higher dividend, is there any other advantage of going with BEP.UN instead of BEPC in a registered account?
Thanks...Glenn
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Suncor Energy Inc. (SU $62.17)
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Canadian Natural Resources Limited (CNQ $47.06)
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Parex Resources Inc. (PXT $18.49)
Q: Assuming the price of oil remains relatively strong for the next 1-2 years, please rank these three companies in terms of their upside potential over that period.
Thanks, Rick
Thanks, Rick
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Algonquin Power & Utilities Corp. (AQN $8.52)
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Northland Power Inc. (NPI $18.20)
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Innergex Renewable Energy Inc. (INE $13.74)
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TransAlta Renewables Inc. (RNW $12.48)
Q: With the expected increase in electricity needs from the world-wide introduction of electric vehicles, I would like to establish a full position in one or two of the above renewable power companies. Would you please rank them in terms of current valuation, debt, revenue growth and dividend growth. Which would be your overall preference for a 5-10 year hold? If you have another recommendation, what would it be?
That you for all the assistance you provide the DIY investor.
Don
That you for all the assistance you provide the DIY investor.
Don
Q: Would like your in depth opinion on investing in these 2 stocks for income and growth. Thank you.
Q: Re the question by Rodney on 14 Jan about Ft. McMurray oil getting to the East Coast Refineries. No Canadian western oil ever gets to the East Coast refineries. There is no pipeline. East Coast refineries use primarily foreign oil such as from Saudi Arabia. ENB does provide oil to the Sault Ste. Marie refinery.
Q: Hi Peter
PSH is up around 27% today. Last evening it announced appointment of a new management team and board appointment which are first class and have created shareholder value according to the news release, most recently at TORC. This all looks good but would you wait a bit and let the stock settle in before investing in it?
Thanks Ron
PSH is up around 27% today. Last evening it announced appointment of a new management team and board appointment which are first class and have created shareholder value according to the news release, most recently at TORC. This all looks good but would you wait a bit and let the stock settle in before investing in it?
Thanks Ron
Q: Why PKI is a laggard although its fundamentals are strong? All energy stocks are hitting record prices. Even pipelines are doing better.
Q: Hello, Can you explain how PPL can continue to pay a dividend that is, in most years, greater than their earnings? How long can they do this for and what is the probability of them dropping their dividend? Thanks
Q: All things equal, do you like these two companies (and sector) and how would you order them for purchase? Time frame...next 12 months or so for a growth oriented portfolio. Thank you!
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Algonquin Power & Utilities Corp. (AQN $8.52)
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Northland Power Inc. (NPI $18.20)
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Innergex Renewable Energy Inc. (INE $13.74)
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TransAlta Renewables Inc. (RNW $12.48)
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Boralex Inc. Class A Shares (BLX $26.62)
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Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC $59.26)
Q: Renewable energy has been beaten up over the last year and seems to be fairly cheap at the moment. With quantitative tightening and raising interest rates on the horizon, would it be prudent to wait to see what happens with inflation before moving into this sector? Which of these names do you prefer? Thanks.
Q: I am looking to add a position to AQN to increase utility exposure in my portfolio. I had bought AQN in December at 17.50, I see the price still hovering at that level, Is it good to increase the exposure in AQN at this level or would you recommend alternative stock?
Q: Peter; There is a article today detailing how our tar sands producers, CNQ, SU, CVE, could benefit greatly from Mexico sharply reducing their export of heavy crude. My question is when the crude enters the various pipelines in Ft.McMuarray and eventually arrives at the east coast refining complex- at what point do they get paid and what price do they receive? And does ENB get paid based on price,volume etc? Thanks.
Rod
Rod
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Algonquin Power & Utilities Corp. (AQN $8.52)
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Brookfield Infrastructure Partners L.P. (BIP.UN $49.69)
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Fortis Inc. (FTS $52.27)
Q: I am looking to add to the utilities sector. I currently have FTS BIP.UN and AQN. Not really excited about AQN for the last year. I would like to add to my utility stock basket and looking for recs. Also might drop AQN. My horizon is 7-10 yrs.
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Algonquin Power & Utilities Corp. (AQN $8.52)
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Brookfield Renewable Partners L.P. Limited Partnership Units (BEP $28.87)
Q: Why renewables have been down so much and for so long even though their fundamentals are strong ? They were down before interest rates started creeping up. Pipelines, which are also interest rate sensitive, are doing OK.
Q: I see INE has dropped nearly 50% in last year. It offers a dividend over 4% now.
I like the sector, and the giant investment to be announced this week for offshore windmills on the U.S. East coast might help sentiment of the depressed sector and tenders should follow suit to support ongoing growth.
How would you assess this security in light of an income account at this point?
I like the sector, and the giant investment to be announced this week for offshore windmills on the U.S. East coast might help sentiment of the depressed sector and tenders should follow suit to support ongoing growth.
How would you assess this security in light of an income account at this point?
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Tourmaline Oil Corp. (TOU $61.64)
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Whitecap Resources Inc. (WCP $11.01)
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Tamarack Valley Energy Ltd. (TVE $6.97)
Q: Good morning. I’m wanting to get into the oil n gas energy sector. Do you suggest waiting for a pull back and can you offer a few stocks
Appreciate all your time, knowledge and investigation Thank you
Appreciate all your time, knowledge and investigation Thank you