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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.

Q: Which 3-5 Canadian stocks would you be buying with your TFSA & FHSA contribution?
Thank you
Read Answer Asked by Gowtham on January 05, 2024
Q: Do you have any timely and suitable names for my TFSA contrib this year? I tend to buy things that are quite growthy in my TFSA. As such its already chock full of technology. Open to US or Canuck names but they need to be quite liquid. Happy New Year
Read Answer Asked by Martin on January 04, 2024
Q: My wife owns the stocks above. She is looking to add 1 to 2 more stocks in the new year. Can you recommend a couple us and Canadian?
Read Answer Asked by sean on January 02, 2024
Q: Uber for quite some time has been stalling out in this $61.00 range. HPS has been stalling out in the $81.00 range. Could this go on for quite some time before it moves up, if it moves up? Meanwhile, on my radar 2 securities you are familiar with have been getting a lot of attention lately being ZM and SNAP. Would you recommend them? Wishing you the best of the season.
Read Answer Asked by Dennis on December 22, 2023
Q: With a long term view, where might Hammond find itself in 3/5/10 years? They are clearly doing something well, have had amazing returns, but imagine they are still relatively unknown to the greater market (as well as being a sub $1-billion market cap? - lack of institutions own it maybe?)

The addressable market must be growing as everything electrifies - do you think they'll acquire / be acquired? I see it is trading near its 52 week PE high, but is there an argument it is still undervalued? Could this ever be a $5 billon market cap company? Debt seems low. Do you know much about management? Do they ever issue shares (or follow that CSU model of never issuing).

Thanks in advance. - Jeff
Read Answer Asked by Jeff on December 22, 2023
Q: What are your top 5 small caps with early 2024 bounce potential with 3-5yr hold?
Read Answer Asked by Chris on December 22, 2023
Q: I have the above stocks in my TSFA account. All about equal weighted. Which stock would you add the $7000 2024 contribution to?

Or do you not favour any of the above and have another suggestion?

Thanks for everything and happy Holidays to everyone.

Dave.
Read Answer Asked by David on December 18, 2023
Q: Hi, In a strong market and a FED induced rally, above stocks sold off sharply, in Today's trading, perhaps for different reasons. Drop in HPS.a, could be attributed to profit taking against the back drop of 300% jump, this year. But, the other three companies, I thought, will be benefitted with lower rates cycle over 2024/2025. May be, I am wrong. It;s just that, when some stocks don't go up ( and decline) in otherwise strong up market, makes me wonder, what am I missing ? Thank You
Read Answer Asked by rajeev on December 15, 2023
Q: I am looking to set up an RESP for grandchildren aged 8 and 6 with about $40k that will be added to annually. I am thinking of purchasing 8 stocks in roughly equal amounts - ISRG, CROX, GOOG, NVDA, BN, LMN, SMCI, HPS.A

Is 8 stocks too limiting and should I look at ETFs for some sectors or should this give the plan a good start and greater diversification can occur as the plan grows?

Anything you see here that raises a red flag or are there other stocks I should consider?

Appreciate your insight.

Paul F.
Read Answer Asked by Paul on December 15, 2023
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
Read Answer Asked by Shyam on December 11, 2023
Q: What are your top 4-5 Canadian small cap stocks, that you have on your watchlist?
Read Answer Asked by Greg on December 08, 2023
Q: I am considering adding to current positions in these companies. I know timing is impossible to predict but which of these companies would you be adding to now and which would you wait given that we are heading in to end of year selling<

Thanks
Tim
Read Answer Asked by Timothy on December 08, 2023
Q: Would appreciate a couple of options for holding some U. S. $$ in a taxable investment account for at least one year. I am more interested in capital appreciation than in current .income in these interesting times. Sector not an issue. Could be individual securities or ETFs. Thanks for your continuing support. Bill
Read Answer Asked by Bill on December 04, 2023
Q: Looking to invest a portion of available cash into solid smallish-cap companies that have yet to move towards their fair value that could be reached in a more positive part of the cycle - which I am guessing/assuming is coming. Please provide suggestion in either Canadian and/or US markets.
Read Answer Asked by John on December 01, 2023
Q: Hello, Hammond Power stock has been so strong ( $52 to $82 ), within a span of less than 2 months. We have a very small 0.60% position, started around $57. Based on your favourable view and analysts' commentary, we want to build the position up to at least 1.5 - 2%. Recently stock has traded in $78-$82 range. Would it make sense to start accumulating in $75-78 range, or wait until next quarter ? Market strategists believe that small cap stocks have a lot of room to catch up. We are just a little concerned with HPS.a stock's incredible 200% + rise, this year and a possibility of stock to falter, for any reason. Thank You
Read Answer Asked by rajeev on November 30, 2023
Q: Hi 5i,
In an otherwise balanced portfolio, I'm looking for some ideas for my TFSA.
Current holdings are KXS, LULU, HPS AND ATS.

I'm open to adding to the above names but was wondering if you
could you please recommend 10 Canadian and 10 US stocks that you feel would work well in a TFSA at this time in the market.

Thanks!!
Read Answer Asked by Brian on November 30, 2023
Q: I have seen several analysts commenting recently on how undervalued small cap stocks are compared to larger cap stocks. Some saying we are at the cheapest levels they have ever seen for small caps. If you were to put together a portfolio of 10-12 Canadian small cap stocks intending to benefit from a return to more typical valuations, which stocks would you include? Not thinking about highest risk types, like early phase biotech, exploration stage mining companies, but rather, for high quality, profitable, growing businesses.
Read Answer Asked by Dan on November 29, 2023
Q: With the new TFSA limit, how would split into 4 purchases with a 20 year hold. Assuming RRSP is diversified and with no other holdings. Does BAM, BN or TOI hit your radar. Also, I am retiring in 20 years. Thanks as always.
Read Answer Asked by Chris on November 29, 2023
Q: Hello, I have some money to deploy and have picked the above lucky 13 stocks. Are you able to put them in order in which you would purchase them (1 to 13). I know there is a wide range of companies, industries and cap size. This would be in a cash account and looking for capital gains over the next 3 years. I'm okay with lots of risk in this account.
Read Answer Asked by Kevin on November 29, 2023