Investment Q&A

Q: What are your thoughts on Hydrofarm? Looks like it supplies equipment mainly for companies growing cannabis. “Industrial” or “Consumer” sector?

Q: Would you consider CNC a good investment given their involvement in senior care and the aging demographics in the US? They also recently acquired Magellan Health which gives them exposure to one of the US biggest behavioural health platforms and are also starting to focus on a pharmacy segment and look to be developing into a fairly diversified company. However they do have significant exposure to Medicaid programs and linkages to the Affordable Care Act but not sure how big a risk to consider that might be? I currently hold CVS which is not perhaps direct competition but appears to be closer to fair value while CNC is still projected to have anywhere from a 16 to 23% discount. Wells Fargo has them overweight with a target of $87. Would you hold CVS, and take a position with CNC as well, or sell CVS and move it to CNC for it's potential upside? Thanks!
Kevin

Q: Hall of Fame Resort & Entertainment Company (HOFV)
How do you feel about this company? It just reported its earnings. I have a long-term outlook and high-risk tolerance. Thank you for your service!

Q: Hello 5i,

Can you recommend an ETF with GOOG and AMZN as the main stocks (minimum 12%-15% of each) and lower amounts of other FAANG stocks (no more than 5%) as we have VGT.

Thank you.

Cheers,

Debbie and Jerry

Q: Can you please comment on their earnings, management, insider holding and future growth. Is it buyable?

Thanks for the great service

Q: Peter,

What companies would you look at in the animal health care sector? Would Zoetis be one of them? What is your opinion of the sector?

Thank you

Paul

Q: Hi, I'm wondering if you might be able to offer me any insight into Goldman Sachs Business Development Corp Inc (GSBD:US)? When I look it up on TMX.COM there is an indication that it is trading at a price earnings multiple of only 3.6, that it has earnings of $5.43 per share (which I assume is for the past year), it pays a quarterly dividend of $0.45 and is currently in the midst of paying several additional special dividends of $0.05 per share and that its current yield is over 9%. With those earnings per share the dividend looks to me to be highly sustainable. I'm wondering why it might be trading at such a low P/E multiple? Is there something highly risky about the source of the firm's earnings or some other aspect of its business? Thank you!

Q: Your thoughts on initiating a small position at this time? Any future activity would follow a wait and see approach. Thank you.

Q: Hi Everyone at 5i! I hold AT & T shares and have done so for a while. I am underwater in this holding and considering the upcoming deal, would you recommend still keeping the stock? There is a strong suggestion that the dividend will be cut. My alternative thought would be to sell out and invest in the QQQ for a long term hold. Your insight would be welcome! Cheers, Tamara

Q: Hello,
May 17th you were asked for your thoughts on CYBR.
The response was "this ETF holds.....
Which ETF are you referring to?
What are you thoughts on Arctic Wolf. Any new developments here? I appreciate your excellent service.

Q: Hello, I bought shares of AT&T eight years ago. I am still holding the stock because of the dividends. What does the deal with Discovery concretely mean for the average investors? Will AT&T change name? Will I get shares of Discovery? Should I sell my AT&T shares or just keep them and wait? I just do not know what to do now. Thank you

Q: HI,
Eddie Elfenbein's newlsetter this week points to Tyler Technologies being potentially interesting to a growth investor. Your last Q&A on TYL I found was December 2019. Could you please provide updated comments on the company.
Thank you, Michael

Q: Can you recommend a hospitality REIT. Either hotels or cruise ships or both combined.
Regards
Mike

Q: Hi,

Can you suggest 2 US Etfs that are similar to our CDN XEI?

Q: I am rebalancing and need to add Material equities to my portfolio. Currently my only holding in that sector is MX:CA. Materials will represent 13% of the portfolio equal to my energy allotment. Generally speaking should I dispose of MX (because it is more or less energy focused)and start from scratch for sector investment? Can you provide some guidance on companies to check out? I have a 3-5 year horizon and like dividends.

Q: Hello Peter, here's a twist on one of your readers' favourite questions.

What three Canadian stocks and three US stocks have your highest confidence level that they will be higher in two years than they are today, regardless of the size of the return. (I suppose this question combines your confidence in the companies' management, industry and macro factors, etc. but also with a view to preservation of capital.)

Q: Hi 5i Team;
Would you please give your opinion on the prospects for FSKR:US. I am interested in the current value (Is it a good buy today) and likelihood of growth over the next three years. Is a competitor company a better choice?

Q: What is your opinion on Skillz right now? Especially with the class action lawsuit related to the company inflating revenue projections?

Q: I hold both in a non-registered account, and I'm always concerned about U.S. companies doing spin-outs, because it invariably requires an 86.1 election with the CRA, because the total value of the spin-out is included in the current year's T5. While the 86.1 election will defer the tax for another time, it requires paper-filing, including a letter with your tax return that explains what you're doing, and I'd rather avoid it if I could. Do you know if the new company that will be created with AT&T's assets will be spun-out to existing AT&T shareholders, or does AT&T just receive the $45B mentioned today, and that is it?
Thanks very much...

Q: If you had to choose between these 2, which would you pick and why?
Thanks