Investment Q&A

Q: What small to mid cap companies can you recommend that have been beaten up due to market conditions but have a high chance of success long term? Looking at a potential entry point this year with the prospect of beating out the returns of larger cap names that may be in a similar situation. Could you also give a brief thought on the risk/reward of this approach as well. Thanks very much.

Q: I have held TOY for a number of years while its done nothing and I am considering a switch to ATZ. Before I throw in the towel on TOY, I would like to check a few things with you:
1) what are the current and projected P/E's for each stock?
2) what are the projected growth rates for each stock?
3) I believe TOY has a rock solid balance sheet, do you have any concerns about ATZ's balance sheet and ability to weather a possible recession? If so, ewhat are the concerns?
4) On a scale of 1-10 what are the chances of each company still being around in 5-10 years?
5) which stock has better short term and which has better long term opportunites? 6) would you make the switch?

Thanks for everything!

Q: Are there any small to mid-cap companies that have been beaten up over the past year that you really like the longer term outlook for?

Thanks

Q: Peter, if you were initiating or adding to positions in your TFSA, which 2-3 Canadian Companies would you be picking for maximum returns (top picks)?

Thank you

Q: Hi Peter & Team:

Of the above consumer stocks , could u rank them from 1-5 (least prefer to most prefer)
Secondly, are they at the attractive price to buy now? What would be a good price to get in.

Take as many credits as you see fit. Thank you

Q: Would appreciate your view on Aritzia and its trajectory relative to LULU. Are we in early innings with ATZ with Lulu more mature. Possible in 5 years to have atleast 50% of Lulu market cap? The growth strategy seems sound and their stores are always jammed.

Q: Looking to add 1 new position to my TFSA in consumer cyclicals and based on Q&A and reports 5i is very positive on both of these companies. Which one would be your 1st choice today for long term (5 years+) growth? Would you split the new money between them? Thank you.

Q: Hi

What industries and stocks would you recommend for the Current Market Condition?

Thanks.

Q: Please tell me why you are so bullish on Aritzia?

Q: This question concerns a well diversified Canadian portfolio (~30 holdings), focused slightly toward growth.

Looking to add to positions in ATZ, DOO, BN, BAM, GSY, KXS, TRI, PBH and T as well as initiate a partial position in WELL, all for long term holds (5+ years).

Would you rate any of these as a wait-and-see rather than a buy today? Please rate (1-10) in terms of your conviction to buy today, along with suggested target buy range [great, okay].

Thank you.

Q: Hi 5i,

I have owned GOOS for the past 3yrs and I am questioning the company's prospects moving forward giving their performance and their dependence on the Chinese economy for growth.

Considering replacing GOOS with ATZ. Management seems to execute well and their track record of growth is impressive.

Would appreciate your thoughts.

Thank you in advance.

Q: I have very little exposure to Consumer Cyclicals
in my portfolio. I am considering taking a small position (say 2-3%) in Cdn Tire - it has a 4% dividend and some analysts seem to like it. Question - is now a good time to being taking a position in consumer cyclicals and what are your thoughts on CTC. Are there better options?

Q: What would be your top 5 Consumer Discretionary names in Canada and the US?

Thanks

Q: Can you contrast both the fundamentals and prospects for these two companies.Which would you prefer ?

Q: Looking at adding to the 1% or less 'toe in the water' holdings that are part of larger diversified portfolio . Anything here that you wouldn't add to or would delay adding to ? Or, any that you would sell ?
ATZ, CTS, DOO, ECN, KXS, NVEI, META
Thank you , as always.

Q: Aritzia is having a brutal share price performance to start the year.Given it is one of your top growth ideas …are we seeing anything to account for this.?Are US store openings still on the same timeline?Has there been any meaningful sales blowouts to reduce inventory..Or do we just have a sceptical market sentiment?

Q: Why the drop recently?

What are its forward multiples vs peers?

Q: Hi folks ... 2 questions:

I recently bought a 1/3 position in GXE. It's up 10% since. Is there any reason not to add another 1/3 at this time?

Is your current view on ATZ as positive as ever? Is this a good entry point?

Thanks for a great service.

David

Q: About 2 weeks ago, Adam asked a question and 5i answered, as follows:

Q. Would now be a time to review ones stock holdings, maybe raise some cash in anticipation of slight pull back or considering a pause in rate hikes, would you go all in with growth stocks?

A. We think it is too early to go all in on growth or add risks. While we think the overall outlook is positive, there are still plenty of challenges. .....We still wouldn't time the market with a cash call.....When doing a review, however, we would still focus on the fundamentals rather than the stock movements. We think high-quality growth stocks look good, and there is no need to keep or layer on extra risk when solid companies still remain cheap even after recent moves.

Two questions from me:

1. Two weeks is a mere blip in the investment time horizon, nonetheless with a bit of news (interest rate + market response, some earnings releases, etc,) do you have any further thoughts about the overall outlook for adding cash or more of a tilt to growth?

2. Can you list 10 high - quality growth names (Cdn or US) that fit your desired fundamental profiles, contemplated by your answer to Adam?

Many thanks for your excellent service.

Q: For long term growth I am considering trading my AC position in a TFSA account to add to my ATZ holding. Could I get your opinion please.