Investment Q&A

Q: Can you suggest a proxy for this company?

Appreciate the insight.

Paul F.

Q: We hold the following in a registered/US$ account . The list shows % each represents of our total portfolio and current Gain/Loss position. Considering selling U and redeploying into one or more of the names already held in US$ account.
1. Are there others that you would consider selling ?
2. Your thoughts please on which, if any, of the existing positions to re-deploy into, OR should the cash be held for later use ?

APPS 1.6% -61%
BKNG 1.1% -2%
CROX 0.3% -26%
CRWD 2.5% -25%
FB 0.55% -6%
MSFT 2.8% +72%
MTTR 0.25% -77%
NVDA 3.65% +38%
QCOM 4.4% +81%
TEAM 2.1% +11%
U 1.3% -67%

Many thanks, as always.

Q: Further to Neil's question on May 9, can you list some tech/growth stocks that are looking good at current prices? I would like to start nibbling away with the understanding prices could go lower but with the 30% decline in Nasdaq from high, we must be getting close to the bottom here. Thanks

Q: Would you buy it at this level?

Thanks,
Milan

Q: Thoughts on these quarterly results? Do you still like the long term prospects of these three growth companies?

In general, what are your thoughts on holding growthier names in this current market? It just seems that the risk of holding these positions through earnings outweighs the benefits. For example, if a company meets expectations and maintains guidance, the stock barely moves. However, any miss or lower guidance and the stock easily gets crushed 30-50%, such as NFLX, FB, UPST, RBLX, COIN, etc... Seems a lot of companies are issuing lower guidance because of all the uncertainties. Wouldn't it be better or more prudent to just sell or maybe trim the positions to reflect these risks and re-enter later?

Other growth names I have on deck soon are GSY, WELL, AT, EGLX, LSPD, NVDA, APPS, and CRWD and I'm worried about how investors will react to earnings. Thanks!

Q: Crowdstrike has been in the category of "too expensive" for most of the past 10-12 months.
At what price range would you be a buyer of CRWD?
Ed

Q: Hi! After this quarter would you sell Unity for a tax loss? Two other growth stocks I own are Crowdstrike and Nvidia. Which stock would you buy with Unity proceeds? Crowdstrike or Nvidia?
My thinking is getting back in at Unity at a later time.

Thanks
Kevin

Q: Hi 5i,

Amongst other pricey cybersecurity companies, CHKP seems very reasonably valued. It it 'cheap for a reason', or is it a solid stock to pick up now?

Also, do you still like RPD after its recent report?

Is there anything else (besides CRWD) that you prefer in this space?

TIA!

Q: For the companies listed, do you believe any are at risk of fully going out of business with respect to the current market and recent/anticipated stock pricing effecting their ability to continue to operate? thanks!

Q: Hi Team,
Atz beat earnings and things appear to be going strong on all fronts for the business…yet the stock tanks some more today. Is this one of those disconnects where an investor should be buying more shares ?
Also …with the brutal tech selloff what are some of todays choices to buy for potential multi bagger over the next few years once the carnage stops? Thanks!
Shane

Q: Hello Peter,
I have been meaning to get your opinion even before the two-day wild ride and this question is not based on today’s aftermath. And I will speak from both sides of the fence. As usual, I want your perspective.
You typically respond to reader’s questions with a 5-year outlook. However, I think that the 5 yr business plan is outdated except maybe for utilities and commodity producers. And even then, with instantaneous data enabling policy definition, the peak to trough and back for business cycles are short.
High growth companies typically do not have a moat as they rely on transformative technology as the enabler. Today Amazon finds its digital commerce saturating and looks to cloud services for growth. Shopify is looking at vertical integration with logistics and financial services while the world moves towards open-source digital commerce. Game, set, match.
Now I step to the other side of the fence. Probability of a soft landing -very small? The fed cannot control supply but can control demand. Housing, lumber, commodities consumption diminishes just as supply ramps up in an inflationary environment hoping to absorb costs. Discretionary, industrials slow down and drag commodities.
Where am I going? If my thinking is correct, my investment decision should be based on a 2yr or shorter period return. So, between now April 5 and the end of seasonal strength next Feb; is it tech- SHOP and TOI, or Energy and Commodities? What about Gold and Silver? Is it NVDA and CRWD or QCOM and MSFT? And I am not looking to hedge but make portfolio changes, swinging for the fences. Or is it too late for sell in May?
I look forward to your opinion.
Regards

Q: In view of a upcoming possible recession I am considering switching Shop for Toi, and Amazon for Crwd for a 3 to 5 year hold ,
May I have your thoughts, please

Q: Hi, if you have > 10 year horizon and are not concerned about short term volatility. Which companies (Canada and US) would you pick up now given the recent drawdown?

Thanks,

Q: 5% of my RSP is allocated to a risky/riskier /max growth theme with FB, J, KRBN and NVDA right now. I am looking for 1 or 2 more additions. APPS, U, and CRWD are on my list of considerations. In theory, I could wait 5-10+ yrs for max growth, but knowing my personality, 3-4 yrs is more in line with my expectations. Pls suggest some recommendations (does not have to be from my list) - Thank you.

Q: Holding a full position CrowdStrike and down 6%. Seems there are headwinds as there is more competition and rising costs. Is it time to sell???.......Yea, me inclined to do so!!!....Tom

Q: Hi Peter and Team;
Thanks for the info and advice on PKI.
I have made a good gain and sold a 5% position in my RRIF.
Could you offer 3 CDN and 3 US that you would be comfortable in starting today with a 2.5 % for long term investing in a well balanced RRIF? Would you lean towards US or CND for GROWTH?
Thanks for the excellent analysis!

Q: Where would you rank APPS right now in relation to the above companies for a buy right now?

Q: Hi 5i!

Which one of the above six US equities would you top to a full weighting in an RRSP at current valuations for growth over a 10 year horizon?

Thanks,
Greg.

Q: Hi Team, I need to raise some cash and would like some help deciding which company to let go.
Just looking for your input on the best companies to keep for upside potential.

Thanks Dave

Q: In a taxable well diversified account would you take a loss on SQ to buy PYPL or any other US stock in which case please make 3 suggestions. Currently hold AAPL, GOOG, CRWD, CROX. Looking for growth with medium risk. I'm a patient investor but could use some capital loss this year.