Investment Q&A

Q: Hi Team,
The market has done a good job at punishing growth investors as of late (again). If one is looking for opportunity to add today which of the following is the best buy today (long term horizon). ATS, LMN, SHOP, BN? Perhaps rank the order you would purchase them. Thanks

Shane.

Q: Your latest market update talks about fundamentally sound companies with good long term histories. What companies from your portfolio most look like this?

Thx

Q: What are some stocks that could do really well with AI becoming more and more available ?

Q: SHOP still dropping Tuesday am. Only news I see is the following but I think it would be a positive. What are your thoughts? Any idea why price continues down?

12:42 PM EDT, 09/18/2023 (MT Newswires) -- Klaviyo, a marketing automation company, lifted the proposed price range of its upcoming initial public offering, according to a filing on Monday.
The firm said it estimates its IPO to be priced between $27 and $29 a share, up from the previous range of $25 to $27 announced last week. It plans to offer 19.2 million common A shares, including 7.7 million shares from selling investors. The selling stockholders have granted underwriters a 30-day option to buy an additional 2.9 million shares.
The company expects to have 251.9 million of series A and B shares outstanding following the offering. The company's common A shares will trade on the New York Stock Exchange under the KVYO ticker.
Klaviyo said its investors including certain funds and accounts managed by BlackRock (BLK) and companies affiliated with AllianceBernstein have indicated an interest in buying up to $100 million of series A shares at the IPO price. Its investors include Canadian e-commerce firm Shopify (SHOP), which already owns about 11.2% of Klaviyo's B stock, the filing showed.
The company estimates net proceeds of roughly $296.2 million from selling series A shares, based on the midpoint price of $28 per share. It aims to use the proceeds for general corporate purposes and to finance growth strategies. It said a portion of the amount raised may be used to satisfy the anticipated tax withholding and remittance obligations of about $62.3 million related to the settlement of its restricted stock units. Klaviyo will not receive any proceeds from the sale of the shares by selling stockholders.
For the three-month period ended June 30, Klaviyo reported net income of $10.9 million, swinging from a loss of $11.7 million a year earlier. Total revenue came in at $164.6 million, compared with $109 million in the 2022 quarter.
Online grocery delivery firm Instacart on Friday lifted the per-share price of its planned IPO to between $28 and $30 from the prior range of $26 to $28.

Q: What are your top 5 Canadian growth picks for the next year? Please rank and explain why each is a strong choice? Also, what are US choices?

Q: Any reason to explain the continued weakness in SHOP Monday morning? I see no news. Are you still recommending it as a top growth pick?

Q: NVEI versus the rest ...

Can you suggest the names of some growth companies that you feel have more potential in today's market?

Thanks

David

Q: what would be your order of purchase for these 5 stocks?

Thx

Q: Thanks to 5i I have owned SHOP since 60$, it is now 12% of my portfolio, I know you still like the company but would like your thoughts of what it should be trimmed to, the 6-8% range? I did trim back a few years ago but its still in the 12% range.

Thank you
A.

Q: I believe rates in Canada have hit their ceiling, alternatively the consequences get dire for many reasons. With this belief what would be your top 3 stocks for the next 12-24mths, particularly as rates begin to decline. Thank you as always.

Q: Lots has been made of Buy with Prime on Shopify. Markets certainly liked it. I came across the attached article that is quite revealing, if all is factual (no reason to believe not). Can we get your thoughts on how things unfolded? Are there any negatives, or things to be wary, for Shop getting more involved with Amazon. How important is Buy with Prime to SHOP?

https://www.businessinsider.com/inside-clash-between-amazon-shopify-over-buy-with-prime-2023-9

Q: Can I ask what would your top 5 stocks to purchase right now? 3-5yr outlook. CAD or US?

Q: SHOP and AMZN announced 'buy with prime' will now be available on SHOP. How big a deal is this? What will it allow customers to do that they couldn't do before? Was SHOP losing sales before?

Q: If you had $20,000 to invest today for and Income with some growth investor in an otherwise well diversified portfolio, what would you pick or just add to?

Q: CSU never dropped to the extent of these stocks in 2022. Why might that be?

Thx

Q: I identified 9 companies that out performed the TSX 60 plus 3 energy companies that I believe have a bright future. All 12 failed the MACD. 5 are trading at double digit discounts to their 52 week highs; dsg,shop,l,tou and cve. P/E range from 85 to 6 etc, etc. Please pick your diversified top 6 for a 5 year hold, with consistent profitability, no crazy volatility and suggest a great entry price. Thank you

Q: AAPL has had a great run.

This is probably a non-obvious question what any leads on what would be an AAPL-like stock circa pre-iPhone?

Q: Hi,

Can you please compare these two stocks? Which do you prefer today? I realize you do not follow wix as closely, but it seems like they have very similar business models and product offerings while wix trades at a lower multiple.

Thanks,

Q: Is there a particular reason why Shopify is in the balanced portfolio instead of the growth portfolio? Is it due to market cap?

Would 5i ever consider taking NVEI out and replacing it with SHOP?

Q: I always kick myself when I come to realize a missed opportunity and tell myself that next time, i'll recognize the trend and take advantage of it.

This is me asking that question now.

What 5 US and 5 CDN positions, in your opinion are very much out of favour right now but have quality fundamentals with an excellent chance for share appreciation over the next 3 years?