Investment Q&A

Q: H - all 4 down sharply post fed day. Only one with earnings was DOL but they did very well. Any explanation as to why severe drawdowns today?

Q: If you were to pick quality compounders in the small cap space (US or Canada) like 3 mentioned, can you suggest a couple of good ones. I generally prefer long term horizon. Thanks. Shyam

Q: I just dumped DOO for tax loss and need a proxy in that C Discretionary space. Can you advice on a couple of options?

I suspect some C Discretionary CO’s might have some momentum here as well.

Q: Hi, I noticed that in Wednesday's trading, around noon, someone placed two large BUY orders at $75.80, for 30k and 18k shares (Total trade value $3.6 mln ). Stock later traded down to $75.51. Within an hour, after the orders were filled, Someone placed exactly the same two SELL orders at $76.20, for 30k and 18k shares. The stock bounced back up and both Sell orders were filled just before market close. These were not Block Trades, as there were multiple sellers/buyers for all four orders. CIBC World Market was the broker, both for initial buy orders and later sell orders.

Assuming (safely), that both buy/sell orders originated from the same party, the trades resulted in a net profit of $19k, on a trade value of $3.6 mln. Are these, Day Traders ( using Margin or not ), making money on a small arbitrage? Is this type of activity not uncommon during volatile trading of a stock, like today ? Does it have a relevance to large interest in ATD stock, Or, there is just not much to read here ? I am just curious and trying to educate myself. Thank You

Q: Hi, Based on the quarterly results and management commentary/confidence about their 5 years Growth Plan, and considering today's market reaction/price action of the stock, would you be on board, if we look to bump up current 1.50% position to 3% around $76 level ? Thank You

Q: Hi, Could you comment on ATD earnings. Thank You

Q: I already own CNR and ATD and am considering adding CSU and FSV as a couple more "solid additions". Can you please recommend 3 other large cap Canadian growth stocks ? (not including financials, energy, materials, nor Brookfields).

Could you please rank all 7 according to overall long term quality?

Q: We finally have an RESP for our grandchild.

Ready for first equity purchase starting with about $6000.

Looking for suggestions.

Thanks

Q: Hi, ATD has been quite a steady performer for years. Would you be comfortable starting a new position at current price ? If yes, would it be prudent to buy partially now and wait for the results to fill in the rest ? What is the growth trajectory for this co. and its stock, in your view ? Thank You

Q: Out of these 4, what two would you sell today and why (I know they are very different)? If you could include a comment on valuation please do.

Also, how does that answer change if we were to enter a recession?

Q: I need to fund my annual RRIF withdrawal soon. Of the 5 companies listed, could you please arrange them in order of which to sell considering future upside possibilities?
Thank you.

Q: I need to liquidate some equities to be able to pay out my RMD. I am inclined to sell the above 2 stock (NVEI and PBH), seeing only downward momentum compared to the other equities (above) I have that show steady or upward momentum. Might you agree?

Q: Thoughts on buying these here in an RRSP or RESP and forgetting about them for a few years ? Any you would change ? Thank you.

Q: I have a half decent position in Alimentation Couche-Tard...Never enough when a stock is gaining and acting well...
- I have wanted to add to my position for a while, but have not pulled the trigger yet, And I Missed buying before the recent run up...

- Do you think buying more shares at this point makes sense or would you wait for a pullback...
- Valuation wise do you see as good entry point to add or hold
Thanks

Q: I'm looking to invest $60,000 for a minimum of 5 years. This money will be used towards a downpayment for a house. Can you please comment on a split of 50% SPY and 50% quality stocks, such as GOOG, MSFT, SLF, ATD, BN. Also can you please suggest some additional stock ideas that are fairly conservative for a 5 year hold. Thanks!

Q: What would consider as a good entry point for each of these and also a price target please.
Thank you

Q: For new TFSA money this year what are your top 6-7 picks within your balanced portfolio as of today?

Q: As a dividend growth investor I'm looking for one more (non-financial) growth company to add to my group that already includes ATD and CNR. I've done a side-by-side comparison of the following three outlining concerns for each:

FSV - Reasonable debt levels. In a recession, perhaps the strongest of the three (?), but always expensive.

SJ - Arguably a bit of a moat, reasonable debt. But by already owning CNR, does it make sense to own a company whose business includes railway ties?

DOO - Great growth, nice dividend growth, and very attractive moat. But what about that debt ?...and in a recession who is going to buy those "toys" ?

Not looking for personal advice, but I would welcome any comments on the concerns I've mentioned. Thanks.

Q: your thoughts please on the investor day?

Thx

Q: I like both, but only have sufficient funds to add one of the listed stocks in my TFSA. Which of the two does 5i feel has the higher growth potential over the next few years?
Thank you. Edward