Investment Q&A

Q: With the CAD losing ground to the USD, is it still worth converting Canadian dollars to buy US stocks? If yes, what would be your 5 top growth stocks for 2025?
Thanks

Q: Hello 5i,

We are in sync with the theory that hardware stocks will slow down and software will be the next phase. Which stocks from this group would you purchase today if not owned. We will assume that those not mentioned may be purchased on a pull-back. Of the list, are there any stocks that you would swap out for another stock?

WMT, NVDA, VRT, FTNT, GDDY, EVLV, SPT, UEC, FFIV, PYPL, SYM, BMY, LLY, APPF, ARM, MNDY, ORCL

Thank you for your help.

D&J

Q: I am trying to decide if I should start a small position in NVDA.NE or top up my GOOG.NE for my 2025 TFSA contribution. I don't have any NVDA other than what is in my HXS ETF. I know you like both companies. GOOG might be best because it is kind of diversified within itself. However, NVDA might offer better growth without the antitrust issues, but it might be overpriced compared to GOOG. I'm leaning slightly toward GOOG, but a smaller position in NVDA would diversify my portfolio a bit more. My hesitation with NVDA is that it seems a bit like a cult stock, not exactly like TESLA but similar. I won't have enough funds to do both, It may ultimately be a coin flip, but which way would you nudge on these two.

Q: Since I bought some NBIS a few weeks ago, it has been a wild ride, in both directions. It's making me dizzy. Is this volatility common in stocks like NBIS? What if anything do you make of all the ups and downs? Thanks.

Q: I currently hold the above investments in my non-registered account and will invest some additional funds before the end of the year. My plan is to top up my investments in approximately 8 stocks and 1 ETF. The investments will be a 5 to 10 year hold. Please provide a ranking for the top 10 stocks in my non-registered account. Which ETF fund do you suggest topping up for a 5 to 10 year hold? Thank you 5i

Q: Hello Peter,

In the US, where would you go for the Santa rally? Would it be momentum stocks? Undervalued? Specific sectors -Industrials, AI related? or Crypto?
I am thinking crypto - the backers of the new govt. Add dollar tariffs to the mix. Crypto heads higher.
How would you play the Canadian market end of the year? I am going to dabble in short term trading this year.

Regards

Rajiv

Q: Hi Team,
Is it just me or why do I get the feeling this market is getting a bit “out of whack” in some areas . It looks to me like people are selling the solid winners such as Nvda , for names such as Tesla and Bitcoin. Am I the only one that thinks some of the moves made since Trump got in will end up painful when the hype fades and there’s no real meat to back the valuations ? It’s almost like the irrational excuberance phase has kicked in like it did at the end of 2021 before the tech sector crashed. Except this time only in certain high flying names.

Just looking for your take on things as they stand today. Stay the course ? Join the Tesla party and fly into the sun ? Or buy the laggards perhaps in undervalued areas (Gsy , or even add to nvda dip for example, or trim nvda if the justification is there …which I don’t think it is) . Hard question perhaps!

Thanks ,
Shane

Q: In response to why NVDA might be experiencing weakness, CNBC has been talking about:

MON, DEC 16, 2024

The Exchange with Kelly Evans
FROM THE DESK OF KELLY EVANS

 
AS OF MON, DEC 16, 2024 • 11:24 ET

What Just Happened.

 
"The market's most important stock is faltering," the CNBC headline aptly reads this morning. And as our Fred Imbert catalogs, Nvidia shares are down 3% in December while the rest of the market is up nearly 4%, and are down nearly 10% from their November 7th all-time highs.



Now, a tiny correction in a stock that's up 164% this year, and 9x in two years, is hardly reason for concern. But there could be a meaningful reason why the shares are stalling out here--and why shares of another chip company, Broadcom, are suddenly soaring.



It goes back to this fascinating discussion between Chetan Puttagunta, a general partner at venture capital firm Benchmark, and the anonymous fund manager known as "Modest Proposal" on Patrick O'Shaughnessy's podcast a couple of weeks ago. I'm no technical expert in AI, but here's my best effort to summarize their discussion.



Namely, has the arms race to develop the biggest, best, and fastest large language model--the kinds of model that uses hundreds of thousands of Nvidia chips in massive data centers--begun to stall out? A few marquee players, like Meta's "Llama" and Musk/X's "Grok," are still plowing ahead, but the broader market may be starting to shift.



The shift is happening because (1), Meta's Llama model is open-source, and therefore start-up teams are now able to use it to produce smaller, more targeted AI models for specific use cases, and (2), the "training" of large language models using both real and synthetic data has stalled out, giving way to a new era of grading them based on their inferencing ability, also known as "test-time compute."



And if this shift is happening--and the podcast only barely got into the chip implications of this--then it would make sense if demand were also starting to shift from a land grab of Nvidia's workhorse chips, to a market where Broadcom's "custom" chips could suddenly become a very important player. Indeed, Stifel CEO Ron Kruszewski told us that's exactly where his firm is looking as they begin to deploy AI.



And boom--Broadcom's earnings last week confirmed its sudden rise as one of the foremost players in AI. Its overall revenues soared 50% from the year earlier, and its AI revenues were up a whopping 220%. The shares surged more than 20% the next day, putting it above the trillion-dollar market-cap mark for the first time. And they've kept rising, adding another 6% today.



Now, if this shift is real, there could be further implications, ranging from expected data center power usage to perhaps reigniting a start-up boom in AI that many beleaguered Silicon Valley investors thought might never come. And Nvidia could still come out just fine, as top analyst Vivek Arya told us last week, even as he raised his Broadcom price target.



But the shift would certainly explain why Nvidia's performance has been more muted lately.



A final player to watch, by the way, is Marvell, another custom chipmaker. Its stock also surged 20% earlier this month--and is now up 102% this year--after stronger-than-expected earnings. For now, though, it's still a much smaller $106 billion market cap.



So perhaps what we're learning this month, in other words, is that Nvidia may be ceding its crown (to whom exactly, we don't know yet) as the most important stock in the market.



See you at 1 p.m!



Kelly

Q: AGVO seems to be leaving NVDA in the dust good you give us a your thoughts and would you consider selling some NVDA and buying agvo

Q: NVDA
looks like it is slowly loosing ground what do you think?
Thank You for a good service.
Peter

Q: Hi,

I have speculative positions in SOUN and SMCI. Both of them are raising capital and SMCI has been dropped from Nasdaq100 as well. I would like your opinion on this capital raise and the companies in general; independent of my view.

I think SOUN stock price is being pumped and it would be prudent to exit the position and wait for share dilution to happen before entering again.

As far as SMCI is concerned, I think that the company is trying to come clean and start afresh. Even then I am a little suspicious. I also think that the exit from Nasdaq100 had been priced in and should not contribute further to the slide. And that they are raising capital is indicative of a strong order book. It is a matter of establishing credibility and feel it would be rewarding to give them a chance..

How would you deal with these two? Buy or Sell? Since these are speculative positions it is not just a Hold into the year end rally (hopeful).

Regards

Rajiv

Q: Looking to invest $20,000 Canadian in the TSX.and Neo exchange. Any recommendations for growth companies for 2 year hold?

I already own the following but can add more to them also:

DRX 3% DOWN
EQB. 2% Up
XSU 6% Up
HPS.A 9% Up
AMZN 35% up
BN 56% Up
CLS 133% Up
DOL. 40% Up
LMN 58% Up
NVDA. 68% Up
PRL. 57% Up

Thanks

Q: What company do you expect would do better from a pure growth perspective in the short term and long term?

Q: I provided some funds to my two grandsons approximately 6 months ago. One grandson invested his funds in the stocks and ETFs noted above. He is very pleased to see an increase in market value for all his investments. I will be providing my grandsons with additional funds to add to their existing investments. Please rank the existing investments shown above for long term growth. I will submit a second question for my other grandson. Best wishes for the Holiday Season.

Q: The existing investments for my other grandson are shown above. Please rank his investments for long term growth. Best wishes for the Holiday Season.

Q: Hi There, I am trying to stear my portfolio decisions going into 2025, and looking for some of your feedback. I am 28 with 55k in myTFSA ( all after home purchase, so longer time horizon), I have about 5K of the 55K to invest, and the other 50K in the stocks below with their respective weightings of the 55K. I am trying to decide if I should add any other specific stocks or top up weightings to 2% on BSX / BKNG / ISRG / TSM / CELH / SMCI and add to CRWD, DIS, GOOGl, another 1.0%.

Are there any other stocks you would recommend to diversify this portfolio some more. Do you have any concerns with any holdings or their weightings?

Please deduct however many questions you feel necessary, I don't often ask Q's.

NVDA - 15%
SHOP - 10.7%
MELI - 9.8%
TTD - 9.2%
PLTR - 9.0%
MSFT - 7.6%
AMNZ - 7.6%
META - 4.1%
GOOGL - 3%
DIS - 2.5%
AXP - 2.45%
CRWD - 2%
NBIS - 2%
SMCI - 1.75%
NU - 1.64%
CELH - 1.54%
BSX - 1.12%
BKNG - 1%
ISRG - 0.7%
TSM - 0.7%


Thanks,
Dan

Q: Hi Peter,

Can you please give your initial take the impact of Willow developed by Alphabet on the stock price of NVDA.
The stock price takes into account the future growth of the company, its market share in the growing AI and Quantum computing marketplace with the expectation the earnings will grow significantly to bring down the P/E ratio.
With Willow coming into the market a few years from now, what is the impact on NVDA's dollar price today; in your view?
Regards
Rajiv

Q: If the stock market closed for the next 10 years, what 10-15 stocks in Canada or US would you own right now for total growth? Looking for top, highly predictable compounding businesses that have strong pricing power.

Q: The total portfolio holds both AVGO (2.88% of total portfolio) and NVDA (3.20%) and both are in the sub-industry of "semiconductors". AVGO is considered to be analog semiconductor devices and MVDA is considered to be marketing graphic mobile processes. My question is are these two stocks substantially different that both should be held or not? Also what is the maximum weight to be held for AVGO?
.....Many thanks for your insights.....Tom

Q: Could you please clarify your answer to Bruce Dec 5. In your answer you first say NVDIA as the 'if we have to pick one' but then you go on to say if an investor is looking at only one, you say you would be picking BN should be the investors choice if choosing only one ?????
Also, the ranking doesn't seem to match up with those comments...please expand.