Q: Doo has had a wild ride , hitting a high of 70$ and back down to 35$, now its at 40$. What do you think of its future prospects?
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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.
- Covalon Technologies Ltd. (COV)
- CCL Industries Inc. Unlimited Class B Non-Voting Shares (CCL.B)
- Methanex Corporation (MX)
- WSP Global Inc. (WSP)
- BRP Inc. Subordinate Voting Shares (DOO)
- Spin Master Corp. Subordinate Voting Shares (TOY)
Q: Good afternoon, I am looking to add 2 of the above stocks (or others if you recommend?) to a TFSA, I am tech heavy already (FB, AMZN, GOOGL, NFLX, NVDA) I am up on all of those still except NVDA. I own favorites GSY, SIS, PBH, TSGI already at full positions. These chosen stocks are all good companies, which are all down recently with the market pullback, which companies would you add? Thank you!
- Restaurant Brands International Inc. (QSR)
- NFI Group Inc. (NFI)
- TFI International Inc. (TFII)
- BRP Inc. Subordinate Voting Shares (DOO)
- Canada Goose Holdings Inc. Subordinate Voting Shares (GOOS)
Q: I want to buy these stocks in my RRSP account for a 5 years hold. Please comment on the financial of these stocks. Why is QSR down in recent few days while the market is rising so much. Why is Warren Buffett interested in this stock . Thanks a lot .
- Covalon Technologies Ltd. (COV)
- Photon Control Inc. (PHO)
- Dollarama Inc. (DOL)
- Methanex Corporation (MX)
- Stars Group Inc. (The) (TSGI)
- Celestica Inc. (CLS)
- NFI Group Inc. (NFI)
- TFI International Inc. (TFII)
- BRP Inc. Subordinate Voting Shares (DOO)
- Knight Therapeutics Inc. (GUD)
- Alcanna Inc. (CLIQ)
- ECN Capital Corp. (ECN)
Q: Hi Peter,
Please deduct as many credits as you see fit. I have some losers (some big) as per below:
Margin account
CLIQ down 52%
PHO down 37%
MX down 20%
TFII down 23%
ECN down 13%
NFI down 11%
TFSA
GUD down 17%
CLS down 20%
DOL down 38%
TSGI down 47%
RRSP
DOO down 43%
COV down 26%
Here are my questions.
1- Should I claim the capital loss with CLIQ and PHO and repurchase in 30 days?
2- Are there any names there that I should just sell and move on to something else? What would be your top 3 replacements for the removed names in that case?
3- My initial thought was to inject new money in CLIQ, PHO, DOL, TSGI, DOO and COV to bring these names back to my initial weight. Would this be a good move in your opinion?
These names are part of a diversified portfolio and don’t need the funds for another 10 years minimum.
Much appreciate your service. Your responses to this market volatility have kept me from panicking as I did in 2008. I thank you for that.
Please deduct as many credits as you see fit. I have some losers (some big) as per below:
Margin account
CLIQ down 52%
PHO down 37%
MX down 20%
TFII down 23%
ECN down 13%
NFI down 11%
TFSA
GUD down 17%
CLS down 20%
DOL down 38%
TSGI down 47%
RRSP
DOO down 43%
COV down 26%
Here are my questions.
1- Should I claim the capital loss with CLIQ and PHO and repurchase in 30 days?
2- Are there any names there that I should just sell and move on to something else? What would be your top 3 replacements for the removed names in that case?
3- My initial thought was to inject new money in CLIQ, PHO, DOL, TSGI, DOO and COV to bring these names back to my initial weight. Would this be a good move in your opinion?
These names are part of a diversified portfolio and don’t need the funds for another 10 years minimum.
Much appreciate your service. Your responses to this market volatility have kept me from panicking as I did in 2008. I thank you for that.
- Stars Group Inc. (The) (TSGI)
- BRP Inc. Subordinate Voting Shares (DOO)
- Shopify Inc. Class A Subordinate Voting Shares (SHOP)
- goeasy Ltd. (GSY)
Q: I have a small position in shop with a very nice profit I am pondering selling it to add to tsgi gsy and kxs averaging down on these 3. the shop position is to small to sell half. what are your thoughts on selling shop and proceeding?
Thks
M
Thks
M
- Stars Group Inc. (The) (TSGI)
- BRP Inc. Subordinate Voting Shares (DOO)
- Great Canadian Gaming Corporation (GC)
Q: Which of the above three stocks would you recommend purchasing for a three year investment? I hold DOO and am down substantially. Thank You.
Q: Do you think DOO is good for a 5% position. I recently bought a 3% position at 45.5 and I am thinking If I should top it up to 5%?
Q: I am now down 24% on this stock. I don't hear good things in the long term. Is it time to move on? Thanks
Q: I really can't understand DOO.
I have been investing for 15 years and have never seen this. DOO has beating earnings 9 out of the last 9 times and the stock, after reaching
$51 on Monday is now below $41.
I know there is no news to account for this drop.
Can there be something we do not know about that is the reason?
Can that sale of stock in September still have an effect on this stock?
Maybe Trump has plans to only tax Ski-Doos?
I have been investing for 15 years and have never seen this. DOO has beating earnings 9 out of the last 9 times and the stock, after reaching
$51 on Monday is now below $41.
I know there is no news to account for this drop.
Can there be something we do not know about that is the reason?
Can that sale of stock in September still have an effect on this stock?
Maybe Trump has plans to only tax Ski-Doos?
Q: They released results this morning which looks like a beat on all metrics except they expected earnings for 2019 to be $2.96 -$3.06 and expected is $3.08.
What is your take on the results and will the 2019 estimate hurt the stock
which has tumbled from $70's to the mid $40's.
What is your take on the results and will the 2019 estimate hurt the stock
which has tumbled from $70's to the mid $40's.
Q: DOO's earnings are fast approaching. This earnings season I have adopted a policy of buying puts shortly before earnings announcements. Just did that on SIS.
I don't have a good feel for DOO. What is their rate of exceeding or missing estimates?
Given what has been happening to the stock over past number of months, do you think a long put on DOO prior to earnings has a better than 50% chance of success?
Thanks for your opinion
Sheldon
I don't have a good feel for DOO. What is their rate of exceeding or missing estimates?
Given what has been happening to the stock over past number of months, do you think a long put on DOO prior to earnings has a better than 50% chance of success?
Thanks for your opinion
Sheldon
Q: This stock baffles me. It's down almost 50% in the past 2 months. Its drop is unrelenting. I notice when subscribers ask which stocks you'd suggest 'now' its rarely if ever listed in your response.
Is this one of those that will have to be kept in a portfolio for 5 years just to break even?
What is your outlook here?
Sheldon
Is this one of those that will have to be kept in a portfolio for 5 years just to break even?
What is your outlook here?
Sheldon
Q: Hi Peter and Staff
Any reason to worry here - drop off from it’s peak has been profound and continuous?
Thanks for all you do
Dennis
Any reason to worry here - drop off from it’s peak has been profound and continuous?
Thanks for all you do
Dennis
- Baxter International Inc. (BAX)
- Stryker Corporation (SYK)
- Visa Inc. (V)
- Methanex Corporation (MX)
- Stars Group Inc. (The) (TSGI)
- BRP Inc. Subordinate Voting Shares (DOO)
- Kinaxis Inc. (KXS)
- Open Text Corporation (OTEX)
- Block Inc. Class A (SQ)
- Waste Connections Inc. (WCN)
- Atlassian Corporation (TEAM)
Q: I asked this question yesterday, however it appears it was missed:
"I have some cash to allocate for RRSP & TFSA portfolios and would like your opinion for the above list for both CDA and US.
For RRSP: Which two from each CAD and US would you buy today (after the stormy few days) for a more conservative hold 3-5 years, that would potentially have less volatility while continuing to grow sales and earnings.
For TFSA: Which two from each CAD and US would you buy today for more growth opportunity and share appreciation in the next 3-5 years.
Please give your reasons for the ones you would choose without sector allocation considerations.
I currently hold TSGI & MX (down on both) but am ok with that."
"I have some cash to allocate for RRSP & TFSA portfolios and would like your opinion for the above list for both CDA and US.
For RRSP: Which two from each CAD and US would you buy today (after the stormy few days) for a more conservative hold 3-5 years, that would potentially have less volatility while continuing to grow sales and earnings.
For TFSA: Which two from each CAD and US would you buy today for more growth opportunity and share appreciation in the next 3-5 years.
Please give your reasons for the ones you would choose without sector allocation considerations.
I currently hold TSGI & MX (down on both) but am ok with that."
Q: Why the big drop Friday,don't see any news?
Q: I bought DOO and now down almost 20%. Are these guys run by the same Bombardier family that runs BBD? Knowing how you guys feel about Bombardier I would be surprised you'd recommend a company run by Bombardier. Can you please advise who they are run by. And also, I would like your opinion on if it is time to dump it, hold it or add to it? Thanks
Q: DOO is down 30% in last month. Technicals are totally broken (18 bearish, 2 bullish) and I can't find anything on it except the secondary in September.
What do you think is going on here to cause such a precipitous drop, with no strength in site.
Thanks
Sheldon
What do you think is going on here to cause such a precipitous drop, with no strength in site.
Thanks
Sheldon
- Stars Group Inc. (The) (TSGI)
- NFI Group Inc. (NFI)
- BRP Inc. Subordinate Voting Shares (DOO)
- Great Canadian Gaming Corporation (GC)
- Magna International Inc. (MG)
- Prestige Consumer Healthcare Inc. (PBH)
Q: Hi.
What companies are good investments for the short and long term now that the NAFTA agreement is negotiated? re DOO, MG, NFI. Also, how about PBH for a long term investment? Which Gaming company has better growth potential between TSGI and GC?
Thank you
Rob
What companies are good investments for the short and long term now that the NAFTA agreement is negotiated? re DOO, MG, NFI. Also, how about PBH for a long term investment? Which Gaming company has better growth potential between TSGI and GC?
Thank you
Rob
Q: Which stocks are you recommending in the Industrial space that have been beaten up and have growth potential? Thanks for your service.
Q: I have never liked the "bought deal" type financings that seem to be the way things are done in Canada, but I have to admit that as a holder of DOO watching the steep sell-off after the recent secondary offering priced in US$ was no fun. TD was offering the shares to clients with the price "TBD within the context of the market". The shares dropped about 15% in the days following the announcement when the issue was priced. Can you briefly explain how the pricing is determined for offerings such as this one. Do they simply wait for the market reaction and then set the price where the shares end up on the pricing date? What are the sellers and buyers obligations? Can the sellers just change their mind if the market reacts too harshly and say "thanks but no thanks, we will keep our holdings rather than sell at a 15% discount?