Investment Q&A

Q: I’ve held The Trade Desk for a long time and it is at a very low price at the moment compared to historic prices, but it sounds like you're skeptical about its near-term growth potential. Should I look to exit? Between Crwd, ens, app, and png …which offers the highest growth ceiling for a five-year horizon? If you have another company to recommend, feel free … Thanks

Q: Constellation Software and Lumine Group were the only two companies in our Portfolio, which had a negative return during 2025, being a rare event after years of spectacular growth. Software stocks, in general, have also been weak, for past several months, due to AI related fears. Some market watchers are hopeful to see a recovery in software stocks, during 2026 and Tech-Software ETF was up in Wednesday's trading by 1.23%, against a flat tape at Nasdaq.

1. Do you believe that investors may shake off the concerns with Constellation Software group and shares could recover in 2026, from last year's steep losses ?

2. With our combined holding down to 10-12% (CSU 7%, TOI 2.5% and LMN 2.5%), due to price declines, and road to recovery at least a few quarters away ( plus a need to raise some cash), would it be wise to trim, across the board, or consolidate into one/two names and eliminate the other ?

Thank You

Q: Everyone, if you were the new CAO of CSU what would you do in the short term? Clayton

Q: I understand COHR is preparing the paperwork to sell more shares. If I understand correctly they want to raise 1.7 billion. Their current capitalization is just shy of 28 billion so I would characterize them as still a small cap. Any concerns about dilution? Would you mind explaining COHR’s relationship with Apple? I assume COHR is a supplier but of what? Any excessive dependency on a single client? Any thoughts you have would be appreciated. I’m up 280% on COHR so your help is much appreciated!
Jim

Q: I currently own 500 shares of CSU and I am up 50%.

It’s recent performance has been totally under, performing the market in a significant way


What would you think of the idea of selling the CSU and buying CLS i( which I do not own currently)



In today’s answer to a question you rates CLS as second best grower over the next 3 years.

Thoughts please
Sheldon

Q: Hello 5i
Could have your assessment of Teradyne and Sibone?
Thank you
Dave

Q: What is your opinion about this Co.? On NAZDAQ as GridAI Technologies Corp.
Thanks for all your support in 2025!

Q: Happy new year to the whole team . I have owned these 2 companies ORCL/HON or a number of years . Are they still worth holding ? Can you recommend their replacements if I were to sell them

Q: I would appreciate your opinion on MU. Would you consider it to be a Buy even with it's recent meteoric price rise and it's P/E of 29.7?

Q: Which stock has more growth: GRID or GOOG? Volatility is not an issue, nor is sector?

Thanks for your service!

Q: At what price would CSU be considered a value play?

Q: Which one has the most growth potential in the next 2 years. DSG is cheaper and larger.
Thanks Stephen

Q: In a question from Oct 31.25 about data centres (includes suggestions such as hive pwr riot vrt nvt, do you see a noteworthy status change (positive or negative) in any of the names in that question/answer?

Q: Alithya Group inc. Class A subordinate voting shares (ALYA:CA)

What exactly does it do?

Who are it's competitors?

Thank you.

Q: 5i, How do you see the next 6/12 months, do you see a slowdown for the US or Canadian marktes?, would you stay fully invested in AI companies? and Can you suggest AI enablers (picks and shovels). Please take as many credits as you see fit. Thank you!

Q: When I look at your website I notice a new director purchased $2 million dollars of shares on Oct.30th(Laurette T Kellner)Is that a significant purchase? What is the current short position and has been increasing? Thx

Q: I want to have my TFSA grow bigger. Of the stocks listed, in what order would you add them to the TFSA? How long of a hold do you suggest, and what are target prices you'd be comfortable with? Is it better to wait for a pullback? Take as my question deductions as needed.

Q: Could you please share your take on PANW as an early 2026 buy for growth over a long-term hold (10+ years) irrespective of sector allocation or diversification in a portfolio.

What are its core strengths (moats if any?), competitive positioning, threats, etc.?

(A response in January is fine.)

Thanks!

Marc.

Q: I hold Crowdstrike (CRWD) and Palo Alto (PANW) in the cybersecurity space. PANW has done well for me but last year it struggled. I’m thinking of selling some, or all, of PANW and buying Fortinet (FTNT). Could I please get your thoughts? If you were to hold just two, or all three, could you please tell me what percentage you would allocate to each? Thank you.

Q: I want to examine a severe geopolitical scenario and identify potential economic beneficiaries. If heightened geopolitical tensions—say, related to Venezuela—were perceived as creating conditions where China might move against Taiwan, this could disrupt the semiconductor supply chain, particularly affecting TSMC's advanced chip production. I'm anticipating major impacts: NVIDIA's valuation would likely plummet, AI development would face significant setbacks, and chip manufacturing might shift toward Samsung or Intel. AI data center construction and operations would be severely disrupted, hurting related infrastructure companies. In such a scenario, are there any sectors or companies that might actually benefit?"