Investment Q&A

Q: The CBC has an article today ( https://www.cbc.ca/news/business/instalment-loans-payday-lenders-criticism-1.5936331 ) about the high fees being charged for high risk loans. Reading between the lines, there appears to be some speculation that the government will make changes in the next budget to drop the allowable interest rates being charged. Given this possible development, what is your view about the risk to GSY?

Thank you for your excellent advice and this wonderful service!

Q: Hi 5i,

To piggyback on the answer to Josh on recommendations for a TFSA:
We have BAM.A and GSY already. We can add to these stocks or in the short-term would cruise (CCL:US) or vacation booking stocks (SABR) that are cyclical and "hot" be preferred over BAM.A, GSY or KXS? It is a higher impact, shorter play theme (1 year or less).

Can you help us understand the selection of KXS? EBITDA and Sales Growth are forecasted to be lower next year though EPS getting a big boost next year. We can't wrap our head around the growth potential to have KXS in a TFSA. We now have this stock in an RRSP.

Thank you for your awesome service.

Cheers,
Debbie and Jerry

Q: Seems to me that the financial sector stands to benefit from current economic conditions. That being considered, I would appreciate it if you would share some , small, medium and large cap companies that you would buy at this time to take advantage the possible upside potential of various financials. They could be both Canadian and American companies.

Q: Good Morning 5i,
A number of stocks such as GSY, SHOP, and LSPD seem to have been long time 5i favorites identified early-on that have done quite well to-date and appear to have a lot of room left to run.
Finding 'the next' is why a lot of us are here. Regardless of industry, is there a company or two that might not be favorites yet but are on your 'watch list'.
(Also understanding that nothing is guaranteed. If it was easy to identify 'the next' then we'd all be sipping drinks on the beach right now)

Q: Hi,

Just a follow up to my earlier question on go easy. What's the next area of growth for the Company? While they may have plenty of room to grow in Canada, what do you think is next? Unlikely they get bought out by a Big Bank because of bad optics perhaps? Can they expand geographically or into other segments?

Thanks,
Jason

Q: I have been fortunate to have made 300 per cent with Go Easy, is it time to trim and buy into Air Canada or WYNN with the potential rebound or simply run with GSY? Thanks
PS I’d have never known about GSY if it weren’t for your stellar recommendation and advice.

Q: Doing a little research for additions to my TFSA. Looking at GSY, WELL and XBC. I find it curious that GSY has a market cap for approx. $1.9 billion and trades at $125 per share, while the other two have market caps of approx. $1.4 billion and trade at sub $10. Is this a lesson in the difference between a Company growing organically vs growing through acquisitions and issuing large amounts of stock. I'm not saying that the other 2 aren't good companies, but I find it curious that they have similar market caps, yet their share price is ten times higher. Thoughts?

Thank you,
Jason

Q: Hi 5i
My son-in-law has a Registered Disability Savings Plan, and I'm going to help him to invest and manage the money to achieve growth with low to moderate risk. He's only 30 so has many years to grow his (and the Government's) contributions. Presently, he only has a mutual fund in it, the Mackenzie Ivy Global Balanced Fund which I've discovered has a 2.38% MER.
Firstly, I'd like to replace this mutual fund with a low cost ETF that is relatively safe but can still show some good growth. To this end, can you recommend two or three Canadian ETFs that might be suitable for me to do further research on.
Secondly, in addition to an ETF, at this time he wants to have some single stocks in the RDSP as well. Can you please recommend three or four Canadian blue-chip type growth equities, and that would be of interest to a millennial...so not too boring : )
Thank you!

Q: This is a question about transferring GSY from my growth portfolio to my balanced portfolio. Both portfolio's are balanced and diversified. (I also have an income portfolio.) GSY is now more than 10% weight in my growth portfolio. And the balanced portfolio is 3 times plus the size of my growth portfolio. Transferring GSY from growth to balanced would mean not having to trim GSY....and my inclination to do this transfer stems from the recent move of SHOP from growth to balance, as I think GSY is now "mature". What say you about this transfer idea?.........Tom

Q: Hi gang,

Did you have a chance to listen in on today's earnings call?

Thx

Q: Thankyou for your continued confidence in CSU and Bam.A. I have held them both for many years through ups and downs, and have made a lot of money. What would be your next two favorite Canadian stocks with similar growth and risk, for a minimum 10 year hold.

Q: Hi group ITP now 20 % off the highs generated by their last quarterly report. Any idea what is going on with this stock is it a buy sell or hold
Second question if you were to buy 3 stocks in the US and 3 Canada with moderate risk/reward what would your picks be and why ?Thanks for all your help its much appreciated

Q: Top 10 stocks to add today to my TSFA (US or Can). I have Well and XBC today. Looking for growth with a 7-10 year investment horizon.

Q: I believe they're reporting after the bell today (Wednesday). The stock has had a huge run, no matter how good the results, I imagine it'll be a 'sell on the news'...maybe they can consolidate a bit in here. If you could provide your analysis of the results, please.
Thanks very much.

Q: Going through all your portfolios looking for a high(er) growth stock with a dividend >1 that I don't already own. Can you please rate the following on a scale of 1-10 (1 being low) for both growth and risk over the next 12-18 months: MG, SLF, PKI, TFI, CCL, PLC, GSY, OTEX. (I note that all but SLF are currently rated 'strong buy'.) And if you have two clear favourites in the preceding list, I would appreciate those being noted separately. Thank you.

Q: Could you please rank these financial stocks? Is there another one you would throw in there that may be better? Thanks

Q: There is a lot of talk about a shift to value stocks. What is and how do I identify a value stock and can you give some examples of current opportunities in your portfolios and generally please?

Q: Hi Peter,
What would be your today buy recommdation for fundamentally excellent companies ( canadian and US) in the small , middle and large cap categoies and have expected high growth in the near future. Appreciate ranking them by category and risk.
Thanks

Q: I've been interested in SEDG for the past couple of weeks and I don't own many stocks in this industry. Do you think now would be a good time to get in? Additionally, I'd like to avoid going beyond approximately 20 stocks in the portfolio, so adding SEDG would mean selling my position in one of the other four stocks above. Do you see greater potential in SEDG over the next 3-5 years? Or would it be better to build on the positions I already have?

Thanks

Q: From a value/ risk perspective what are your thoughts on the following rebalancing.
Move GSY from 4.65% of the total equity to 3%.
Then move ECN from 1% to 2.7%.
ECN is a recently initiated position.
Basically a partial switch.
Roy