I am looking to do a covered call strategy on growth stocks you like that have reasonably liquid options markets and high implied vol. What are your five favourite "long-term hold" CAD and USD stocks where such a strategy could be implemented?
Was looking at AYX as an example where you can create some interesting downside protection scenarios selling 1yr calls at strikes approximately 10% higher than current price that still give you a 20-35% total return if the stock rips higher through your strike.
Q: Three months ago a .20 EPS quarter sent GSB to the $14's. Today, a .19 EPS quarter sent GSB to the $9's. Sales are up from last year, Gross Margin is up from last year, Costs are coming down, EPS is up over last year. They have zero debt, $13M in the bank, excellent FCF and high insider ownership. I can't see a problem with this company at all. Is the drop a "sell on news" story. The stock can be volatile and is a small cap security. Is it buyable in your opinion at these levels?
Q: Hi, Can I get your perspective on U.S. Real estate. I am looking at investing in the US REITS and was wondering if now is a good time. I am looking at the following companies as well as the VNQ . Do you think the US reits is a good area to look into seeing as the US economy seems to be doing well and interest rates are low. Thanks
Q: Hello Peter
I have 2 questions on Tax Loss Strategy:
1. Would they be good tax loss candidates as I am down 22% on SQ and down 25% on NFLX , then buy back after 30 days, or would you leave them where they are.
2. When selling stock to crystallize a loss how much can one allowed to moving stock
up before the back buying price offsets benefits of tax loss.
example: Bought NFLX at $358.98 sold at $269.40 which is 25% loss.
What max price could I back again after 30 days before it offsets my benefits of tax
tax loss.
Q: Hello,
I ma looking for adding more exposure to US. What would be a good healthcare/Pharmaceutical ETF for RRSP. I have about 10K to invest for 10 years. I also own VUN, ZQQ and ZIN as part of US exposure.
Q: This one popped this am on the news that it's drug may actually work. Would you recommend buying it even after this am's pop? Thank you in advance for your comments.
Q: Can I please get your thoughts on AMTD? What percentage of revenues came from trading commissions? Do you think that revenue can be replaced by selling order flows or by other means in the short term (~18 months)?
The company seems to be incredibly profitable and has a large net cash position as well. The recent large drop appears overdone. I am considering purchasing a 4% long term position in a registered account for preferable dividend treatment. Thanks.
Q: Hello,
I have held SMAR and is underwater, would it make sense to switch to AYX or do you have a better suggestion. Between SMAR and AYX which company is less expensive and has better growth?
Thanks
Victor
Q: Concerning the 4 stocks that I own above - are they all cut from the same mold? It seems these and others in the same category are all down between 20 and 30% in the last 3 months according to the information Globe Investor supplies me. Is this the cause of investors panicking or is it something else? I watch BNN all the time and have heard things such as the S&P will be down another 10% within the next 6 months. Thank you. Dennis
Q: I understand that Softbank's WeWork troubles might require it to unload some of its Guardant Health stake, but: shouldn't this be priced-in (to Guardant's share price) by now? Or are the details of Softbank's response to WeWork so all-over-the-place that nobody can guesstimate the collateral damage? Or has Guardant's decline put it in an end-of-year tax-loss vortext, such that it doesn't matter, now, what Softbank does?
Q: Hi,
I've owned ONEX in the past but currently don't have any exposure to private equity and I'm looking to get back into this space. Should an average long term growth investor have some exposure to this asset class? Looking to make PE 3-5% of my total portfolio. Can you rank the mentioned stocks from best to worst and which ones are best for long term growth and capital appreciation. Any other suggestions or advice would be welcome. Thanks!