Q: I am considering selling Magna for the tax loss. Would you suggest buying it back in 30 days, or would you suggest an alternative in the consumer space. I already have a full position in ATD.
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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.
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Toronto-Dominion Bank (The) (TD $116.00)
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Suncor Energy Inc. (SU $61.82)
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Canadian Natural Resources Limited (CNQ $45.90)
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Fortis Inc. (FTS $72.75)
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Restaurant Brands International Inc. (QSR $101.22)
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North West Company Inc. (The) (NWC $48.96)
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Magna International Inc. (MG $69.25)
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Premium Brands Holdings Corporation (PBH $92.42)
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Hydro One Limited (H $55.18)
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Nutrien Ltd. (NTR $79.79)
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Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM $71.81)
Q: you recently answered a question on august 13 about higher / better / safer quality dividend stocks with yields in the 3-5 % range (vs going after yields over 6 %).
What would you consider to be the top 10 of this 3-5 % yield higher quality dividend stock category?
What would you consider to be the top 10 of this 3-5 % yield higher quality dividend stock category?
Q: Have held for quiet some time at a price of 94.50. Today could possibly pick up for 54$. Would you consider MG a safe bet to average down on and increase my yield. Tks.Larry
Q: I currently hold NVDA in non-registered account and two registered accounts. In view of the poor performance and perhaps a low future growth in the automotive industry, I am thinking of selling my position in the non-registered account, harvest a capital loss and initiate a position in NVDA. I am trying to take advantage of the pullback in NVDA and increase the growth profile. Understanding your limitation in providing advice on this move, your opinion of the pros and cons of this switch would be appreciated.
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Enbridge Inc. (ENB $66.75)
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Canadian Natural Resources Limited (CNQ $45.90)
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TELUS Corporation (T $18.42)
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Brookfield Renewable Partners L.P. (BEP.UN $39.88)
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North West Company Inc. (The) (NWC $48.96)
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Magna International Inc. (MG $69.25)
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Hydro One Limited (H $55.18)
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Nutrien Ltd. (NTR $79.79)
Q: hi 5i,
NTR,T,MG? I own these blue chip laggards. can you recommend them as BUY,HOLD, or SELL please. If any are a sell, could you suggest a few replacement names (CDN) with similar dividend yield and more (hopefully) share price growth potential? I am fine holding all for long term if you think the weakness is just cyclical.
cheers, Chris
NTR,T,MG? I own these blue chip laggards. can you recommend them as BUY,HOLD, or SELL please. If any are a sell, could you suggest a few replacement names (CDN) with similar dividend yield and more (hopefully) share price growth potential? I am fine holding all for long term if you think the weakness is just cyclical.
cheers, Chris
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Toronto-Dominion Bank (The) (TD $116.00)
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Linamar Corporation (LNR $80.33)
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CAE Inc. (CAE $36.50)
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Northland Power Inc. (NPI $16.56)
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Kinaxis Inc. (KXS $177.94)
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Magna International Inc. (MG $69.25)
Q: Sir:
In reviewing the trust holdings for Grandchildren, I noticed that these previous darlings of 5i are all on life support. So , going forward, what are your recommendations? Thanks- Jim
In reviewing the trust holdings for Grandchildren, I noticed that these previous darlings of 5i are all on life support. So , going forward, what are your recommendations? Thanks- Jim
Q: Thoughts on Magna's quarter. This company is looking like a long term hold, and after the last 5 years of holding I'm beginning to wonder if switching to RTX or WSP. I've been burnt many times by these types of capital intensive companies.
Thx
Thx
Q: I am almost under water. It has a good dividend which I hope is secure. Should I buy, sell or hold?
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Starbucks Corporation (SBUX $84.68)
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McDonald's Corporation (MCD $309.86)
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Restaurant Brands International Inc. (QSR $101.22)
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Magna International Inc. (MG $69.25)
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lululemon athletica inc. (LULU $175.49)
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Aritzia Inc. Subordinate Voting Shares (ATZ $108.25)
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Align Technology Inc. (ALGN $148.95)
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Floor & Decor Holdings Inc. (FND $62.64)
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WisdomTree International Dividend Ex-Financials Fund (DOO)
Q: I am currently only hold MG in the consumer discretionary sector and need to increase my exposure to the sector. MCD, SBUX and LULU have all dropped over the last few quarters with worry of the US consumer pulling back their purse strings. What are your thoughts on those three and what Canadian stock in the consumer discretionary sector interests you today? Long term buy and hold investor.
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Toronto-Dominion Bank (The) (TD $116.00)
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BCE Inc. (BCE $32.85)
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Magna International Inc. (MG $69.25)
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Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD $15.55)
Q: I am contemplating to sell the LSPD (1.1%, -63%), MG (1.2%, -43%), TD (0.3%, -15%) and BCE (0.2%, -57%) from my portfolio and deploying the proceeds elsewhere. Please rate and recommend the selling preference order. Thank you very much. Bill.
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CI Financial Corp. (CIX $31.99)
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Enghouse Systems Limited (ENGH $20.15)
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Magna International Inc. (MG $69.25)
Q: Hi,
Is MG a buy? It looks like it has a reasonable valuation. Tailwinds? Headwinds?
I've been holding CIX for about a year now. Got in at about $20. Can we expect some upward movement given the share buybacks and the large economic context?
ENGH...is it reasonable to expect this stock to get to 35 or so any time soon?
Yours kindly,
David
Is MG a buy? It looks like it has a reasonable valuation. Tailwinds? Headwinds?
I've been holding CIX for about a year now. Got in at about $20. Can we expect some upward movement given the share buybacks and the large economic context?
ENGH...is it reasonable to expect this stock to get to 35 or so any time soon?
Yours kindly,
David
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Bank of Montreal (BMO $173.60)
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Emera Incorporated (EMA $68.24)
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Parkland Corporation (PKI $39.84)
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Superior Plus Corp. (SPB $7.24)
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Mullen Group Ltd. (MTL $14.38)
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Magna International Inc. (MG $69.25)
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goeasy Ltd. (GSY $126.70)
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First National Financial Corporation (FN $47.98)
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Stelco Holdings Inc. (STLC $68.14)
Q: Good Morning,
I was thinking of buying the listed companies for a 6 month hold. What is your opinion on expected total returns. Your suggestions for better total return cdn stocks are welcome. Thank you
I was thinking of buying the listed companies for a 6 month hold. What is your opinion on expected total returns. Your suggestions for better total return cdn stocks are welcome. Thank you
Q: Hello. I’ve been holding Magna for a couple of years and the stock is down 44%. It represents 1.2% of my portfolio. Would you recommend selling and if so what is another stock in the same sector that might offer a better potential?
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Magna International Inc. (MG $69.25)
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Open Text Corporation (OTEX $47.29)
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Richelieu Hardware Ltd. (RCH $38.20)
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Nutrien Ltd. (NTR $79.79)
Q: Hi,
Long time subscriber and was curious as to the weightings of these four stocks in the BP. ranging from 1.15% to 1.76%. Conventional wisdom is that as weightings get closer to 1%, any movement has less effect on the overall portfolio.
What does one look for to justify holding on to these smaller holdings? I have a long time frame, and I know three of the four are recent additions, with OTEX being increased once.
Just looking for my held to be held, I suppose.
Thanks in advance.
Long time subscriber and was curious as to the weightings of these four stocks in the BP. ranging from 1.15% to 1.76%. Conventional wisdom is that as weightings get closer to 1%, any movement has less effect on the overall portfolio.
What does one look for to justify holding on to these smaller holdings? I have a long time frame, and I know three of the four are recent additions, with OTEX being increased once.
Just looking for my held to be held, I suppose.
Thanks in advance.
Q: Giga casting has become a common thing on automotive assembly lines. Has Magna widely adopted the new technology?
Phil
Phil
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General Mills Inc. (GIS $47.55)
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Kellanova (K $83.60)
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McCormick & Company Incorporated (MKC $67.54)
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Linamar Corporation (LNR $80.33)
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Magna International Inc. (MG $69.25)
Q: Not happy with general mills right now and Magna. What do you think should I keep them or move on. If I decide to move on is there any decent dividend paying companies in there respective categories.
Thanks
Thanks
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Restaurant Brands International Inc. (QSR $101.22)
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Algonquin Power & Utilities Corp. (AQN $8.43)
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Magna International Inc. (MG $69.25)
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Nutrien Ltd. (NTR $79.79)
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Thomson Reuters Corp (TRI $132.89)
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Brookfield Infrastructure Corporation Class A Exchangeable Subordinate Voting Shares (BIPC $62.04)
Q: Hi
What are your favourite Canadian Stocks that pay US dividends? How do you feel about aqn? mg?
Thanks
What are your favourite Canadian Stocks that pay US dividends? How do you feel about aqn? mg?
Thanks
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Magna International Inc. (MG $69.25)
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Open Text Corporation (OTEX $47.29)
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Richelieu Hardware Ltd. (RCH $38.20)
Q: Hi there, weightings and portfolio considerations aside, what BE stocks would you be most inclined to AVOID adding to today for new money? Thanks!
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Linamar Corporation (LNR $80.33)
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Celestica Inc. (CLS $458.50)
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ATS Corporation (ATS $34.79)
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Magna International Inc. (MG $69.25)
Q: Magma has been falling over the last year and your comments have not been positive recently. Wondering if you would suggest switching to LNR. Is there other names in manufacturing you like?
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Bank of Nova Scotia (The) (BNS $94.62)
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BCE Inc. (BCE $32.85)
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Enbridge Inc. (ENB $66.75)
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Magna International Inc. (MG $69.25)
Q: Have some new money to put into one of these 4 stocks. Which one would you choose and your reason for that choice? Thanks Ron