Investment Q&A

Q: Hi guys, thanks for the excellent service and continued improvements. I find the new Portfolio Analytics section very helpful. Long winded question here so please deduct as many credits as you see fit.

I am overweight in tech, at 40% overall. I have 40% tech in both my RRSP and TFSA.

The biggest names I have are AAPL 9%, TEAM 6%, and NVDA 6%. All of those are held in the US side of my RRSP.

I have a mix of 15 stocks in my TFSA, roughly equal weighting. The tech holdings in there are PHO, KXS, CSU, SYZ, SHOP. Each comprises about 6% of the TFSA but just over 1% of overall holdings.

I am 7-8% underweight in:
consumer defensive,
communication services,
industrials,
utilities.

I feel I should trim back or sell at least one of AAPL, TEAM or NVDA but hard to given they have all been growing and have potential to grow further. Are there any obvious choices to cut or pull back here? Can you please suggest at least one name from each of the following sectors:
consumer defensive,
communication services,
industrials,
utilities.

thanks !
Mark

Q: Regarding the technology sector in Canada, how many stocks would you suggest and in what percentage of each for a 10 - 15% allocation for growth with no or low dividend? Which stocks would you recommend?
Thanks for your service

Q: SHOP has grown very nicely but I need to trim as it has become a large position in my portfolio. Could you please give me some suggestions of where to put the proceeds? Thanks!

Q: Sold shop at 240 awhile back. It has made a big gain. Should I buy in or should I wait for a fall back.
T steve

Q: I sold SHOP at $265 yesterday when the Citron report came into my inbox. I've been hit hard on other stocks targeted by Citron, and I wanted to retain my gains. Nothing much has happened. Do you expect it to continue its good behavior? Or should I wait a bit to buy back.
Kim

Q: I know Citron short SHOP, Please explain how could they benefit financially from this action ? In what way ? Thanks a lot.

Q: In their recent press release shorting SHOP, Citron says they will donate $200k to the Robin Hood Foundation if the stock is higher one year from today. (Google search says there is a charitable Robin Hood Foundation)

Although the Citron downgrade of SHOP is not new the placing of a bet on the outcome is new - at least to me. Assuming it is legal, have you ever seen this done before? Does Citron actually pay the money if they are wrong? Is this a material amount to Citron or just the cost of doing business to them? If this is for real, should I diarize March 2020 to note that another short attack on SHOP will be forthcoming if Citron is indeed wrong and need to cover their butts?

Appreciate yoru insight.

Paul F.

Q: Hi there, in your opinion, is there any credibility to the short report put out today? Thanks

Q: What is happening with SHOP?

Q: Seems like Citron is doing it again. But this time the stock is hurting pretty badly. What is different about his attack today vs the one a while back?

Sheldon

Q: Hi 5i, Shopify seems to have a lot of competition entering the space with Instagram and Square's announcements, and now Microsoft. Would you suggest trimming back on this name at this point if its at a 5% weighting? Thanks.

Q: Re my question about the volume mid march, I would have expected such a high volume of shares in one day would have moved the share price up or down depending on ?
Thanks
Peter

Q: On March 15 Shopify had a huge surge up to 5,849,405 shares traded. For 30 days around this date the shares traded ranged between a guess of about 300,000 and 400,000. I am curious about the 15th. was this institutional buying. I also wonder why such a huge buy did not seem to effect the market price.
Trying to understand these things, Thank you for your insight every day.
Peter

Q: Hi 5i,

Who are competitors to Lightspeed and do they have any competitive advantage over them?

Thanks
Mike

Q: I currently own Shopify in a non-registered account, with significant gains. Thank you for this recommendation. Do you think it is going to continue with its gains and if so, would it make sense to move it to my TFSA? I will eventually have to take the tax hit on the gains, regardless. I have room in my TFSA to buy it back with the gains that I have made. Thanks

Q: Hello, wondering what the impact may be to Shop shares in regards to the new stock option taxation change? Thoughts? Thanks

Q: Is there any advantage or disadvantage if I buy any of above stocks to my registered accounts (TFSA,RRIF) on Canadian versus US stock exchange.
What is the better choice and why?
Andrew

Q: Gentlemen Good Morning,
3 stocks on TFSA have TSGI 36%PF (-46%), SIS 25%PF (-18%), SHOP 39%PF (+79%)
I thinking to sell 50% of SHOP and buying equal $, TSGI & SIS
Your thoughts please.
Thank You
Best regards

Q: I hold the following technology companies for a 31.66% weighting in my portfolio. I need to reduce this to a maximum weighting of 20%. Given the holdings are long term, and I wish a balance between stability and aggressive growth in this sector, which of the above companies would you cut down or eliminate to achieve this goal? Current individual weights are; CSU 4.88%, GOOGL 4.94%, AAPL 4.8%,GIB.A 3.2%, SHOP 2.57%, PHO 2.56%,MU 3.27%, NVDA 3.22%, KXS 2.21%.

Q: Gentlemen, any concerns over SHOP’s operating margin? It remains steady at -8%.