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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: I asked you about the earnings on xlnx yesterday and I see the questions and answers today on this company.

I have a somewhat significant loss after today as I’m into it around $130 per share on 3,000 shares but fortunately I have gains in Veev and Five that outweigh the loss on xlnx. I tend to hate owing anything at a loss as I lack patience and I worry about a turning of momentum. I don’t know whether to do nothing or sell one or more of my other holdings and go home with a profit and my tail between my legs. May I please get your advice? Thanks I’m advance.
Read Answer Asked by Jason on April 26, 2019
Q: You mentioned that Sangoma Technologies got upgraded by Acumen Capital. What is their new target price? With a current market cap about $90 million do think the stock price and multiples will jump when the market cap exceeds $100 million? For example based on last quarter's revenue run rate the stock trades only 0.75 X sales despite its strong growth rate, profitability and good balance sheet.
Read Answer Asked by Charles on April 25, 2019
Q: Hi 5i,
HXQ vs. XQQ – Questions and Comment: 1. Is the XQQ’s dividend subject to US tax withholding? 2. If not, is it eligible for the Canadian dividend tax credit? 3. My discount brokerage site indicates that the MER on HXQ is actually lower than that of the XQQ but I understood you to suggest otherwise. Can you please just confirm on that one?
It seems to me the elimination of the total return feature of the HXQ may not be the most important element in deciding between these funds. The charting function I use shows HXQ to have outperformed XQQ measurably over a 3 year period. While some of that might be attributable to HXQ’s lower MER and ‘total return’ feature, isn’t the bulk of the difference attributable to the fact that HXQ is unhedged, while XQQ is CAD-hedged, and over the 3-year period HXQ’s return has been amplified by the Canadian dollar’s decline against the US buck? Or is there something else in the mix? In any case, maybe the decision on whether to switch from HXQ to XQQ should be mostly a matter of whether one would prefer to be CAD-hedged or currency-exposed over the anticipated investment timeframe. Whatever tax consequences might flow from the other variables involved, they could easily be overwhelmed by a currency move of a few percent and, in a taxable account, any gain on a currency move would remain tax-deferred until a disposition event. Even then, the applicable tax rate would still be the capital gains rate. So that aspect of HXQ’s tax efficiency would be preserved. HXQ may not end up being as tax efficient as it was when it could avoid cash distributions. But if it is just going to have a yield akin to XQQ’s 0.44%, and if available alternative holdings (like XQQ) are already doing that, the fact that HXQ may have to pay a distribution may not be the most important consideration for a switch decision. Or am I missing something? Thanks!
Read Answer Asked by Lance on April 25, 2019
Q: I bought a number of shares in this name last week hoping for a positive move on earnings. It looks like it missed by a few cents and is getting pounded after hours. I'm guess that it will be down a lot tomorrow so the question i have is whether I should sell or hold and hope it recovers. I'm not a long term investor. Appreciate your comments as always on earnings. Thank you.
Read Answer Asked by Jason on April 24, 2019
Q: Hi
Based on the Portfolio Analytics program I am now above or below a regional exposure (Canada, USA & International within 1%. I was low on tech suggested percentage big time.
I sold my less than 1% holdings, would XIT be a good holding this would cover my Canadian holdings and increase my Tech holdings.
Based on my age I do not want to own stocks any longer and have several under 1% holdings.
You thoughts please

Mike



Read Answer Asked by Mike on April 24, 2019
Q: On February 14th, you suggested that Derek buy the top 5 tech stocks in XIT. With XIT up almost 30% YTD I suspect the top 5 did very well indeed. Would it still be a good investment (top 5) given the large run-up? I looked at the top 5 and spidey sense says yes, but I value your thoughts much more. Thoughts please?
Read Answer Asked by Danny-boy on April 23, 2019