Investment Q&A

Q: Dear Sirs,
What do you think of BMY at this time? Do you think it's too early to be buying these guys? I don't see anything they're doing regarding coronavirus treatment, so they may keep falling for awhile. They've done some good stuff recently: acquired Celgene (cancer) and Medarex (cancer) and have a leading drug partnered with Pfizer (prevention of blood clots caused by atrial fibrillation). They're down to about $49 from about $65 a month ago (like everyone). Thank you.

Q: Hi 5i Team,
Pls comment on Crowdstrike Holding’s earning and guidance. Do you like their future outlook?
Thank you for your professional advice.

Q: To several members, you've suggested an S&P500 etf. Among those are ZSP, XUS, VFV and HXS, all trading on the TSX in Canadian $. They all appear similar, except that HXS pays no dividend (why?). Then there's SPY, trading on the US exchange. It has dropped considerably more than the Canadian versions, and consequently has a higher dividend yield. Can you explain the discrepancy, please? Don't they all hold the same stocks? And there must be other S&P500 ETFs trading on US exchanges, besides SPY - could you please name some? Which version of these ETFs would you choose?

Q: I have commenced making tiny purchases of this stock as significant drops continue. May I have your views upon this company and the wisdom of this strategy. Thank you.

Q: Which best bang for the buck should a retiree look at when looking for some US exposure through ETFS, for the future recovery, I have no US exposure as of now and would like to take advantage of the downturn, I get by on the pensions I have.
Thank you.

Q: In light of the company's audit and material weakness in financial reporting, what would you suggest someone holding a full position of one's growth portfolio? It is very close to the 52 week low but given the size, should it really matter? Get out at any cost, or count it as dead money until it gets back on its feet with outsized percentage returns? Is it fair to say the business model has little financial risk; mostly it is the reputation that fetches clients?

Q: Can you give your thoughts on this? I held it for a while and sold much higher but it's looking good again for income. Has it cut its dividend before? Do you have concerns about it? Thank you!

Q: Hi. Do you have any idea why UTX is down so sharply today? Would it be related to the spin off of Otis? I have a 3.3% position in it and was considering bringing it up to 4%. Should I do that now, wait a while or look elsewhere? thanks for your great effort these past few months, it is greatly appreciated!

Q: Hi,
What is their balance sheet?
Would you start buying them and in what order?

Thanks,
Milan

Q: Hi
This company has been really beaten up. It's below book value. Is it too earlier to buy it? Is it a value trap?
Thank you.

Q: Do you think it would be wise to invest in BRK at this time given the weakened balance sheets of some companies he may be interested in? With Buffet's stockpile of cash he may be looking to make his long-awaited "elephant-sized" acquisition in this beaten down market.

Q: Is this one going to Zero? What would be your prediction on where BA sits one year from now? Please base your answer on the assumption that Covid-19 is under control and planes are back in the air.

Q: i have held this company for a while,is it better to replace it with rtn or lmt , or some better one, thanks

Q: Given the recent increase the USD/CDN exchange rate, does it make sense to buy ZSP or ZUE while looking for few year gain as market comes back?

Q: What's your present thought on this co.? Thank you, Fooklin

Q: Please give me your opinion about this etf FTEC for info tech. Would you have reasons for recommending this for growth in an RRSP? Thanks.

Q: Hi team
As a trade would Clorox fit the bill. Can you suggest a few more of possible in these volatile months ahead. ? It would be my TFSA
Thankyou to alk of you for your sage guidance.
Happy St Patties

Q: Please recommend a CAD unhedged US tech ETF and CAD unhedged US industrial ETF or any ETF which has a combination of both and would you buy at this time? Long term hold (10+ years) and medium to high risk. Thanks.

Q: I am down on the stocks as follows but do not have offsetting capital gains to compensate for the losses - would you continue to hold or sell and please advise your rationale
Also, what criteria do you use for determining when this market has stopped it downward trend?

Q: First of all I'd like to commend you for the rational approach you're taking on this current meltdown in the financial markets. Many of your younger subscribers haven't had the experience of multiple crashes similar to this. I recall Black Monday (the crash of '87), the pop of the tech bubble in 2000, the 2008-2009 debacle, and so on. In that last one nothing was safe, even bonds and bank preferreds dropped. Keep up the good work. In the longer term I believe your advice will save people money.
Going into this I had slowly moved money into the U.S. market (mainly bonds) anticipating that the party was coming to a close and the Canadian dollar would also be heading down. This does not imply that I foresaw the Covid 19 pandemic or the Putin-Saudi hissyfit. Those two hit us all unexpectedly and I am down an appropriate amount. It was just that I felt it likely that a correction and recession was on the way. I believe you indicated that in the past in your answers.
Soon I expect it will be time to purchase some safe, value equities that will weather this storm and even profit from it. I'm thinking mainly of U.S. equities with large amounts of cash and a bright future. A healthy dividend would also be nice.
On my potential shopping list I've included Cisco which I already asked you about. What about Berkshire Hathaway? I've heard they have a vast amount of cash on hand and the U.S. dollar is considered a haven.
Another would be Blackstone (BX) in private equity. They've been hit hard yet interest rates are almost down to zero in the U.S. and Canada. Many potential targets will be distressed and money is cheap.
Would BAM in Canada fit these parameters as an aquirerer. They'd mainly be using Canadian dollars, however.
Finally, would an ETF of FANG stocks make sense?
Can you provide comments on any or all of this? I'm intending to start cautiously picking up half positions when I feel we're reaching a bottom. I'd be poorly paraphrasing Napoleon here but I think he said something like "When I'm up to my butt in trouble, I make haste, SLOWLY.