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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: I recently sold Shopify at a huge gain, as it had become more than 30% of my portfolio. Thank you for the recommendation. It was in my non-registered account, so I have a substantial capital gain. I have a lot of room in my TFSA, so I am going to move a majority of the proceeds there to avoid future capital gains. I will buy back into Shopify if the price retreats. Can you recommend any stocks, understanding that there is higher risk, that have a similar potential to Shopify? Can be Canadian or US. I have some Lightspeed already. Also, for future reference, did I make a reasonable move or should I have taken a different approach? Thanks
Read Answer Asked by Dave on April 21, 2020
Q: Hello 5i team,
I greatly enjoyed your report on Covid 19 and investment themes. I have a pretty good idea as to 10 to 20 names of stocks that could fit into those themes.
Could you name just 10; I'd be curious to see how close I am.
Thanks,
Antoine
Read Answer Asked by Antoine on April 20, 2020
Q: You've mentioned Boyd as one of your favorites a number of times lately, and I'd like your reasoning. This doesn't appear to be a cheap stock, by any means, with a forward PE of 96 (G&M). Moreover it's in the business of servicing cars which are mostly in their garages and parking spots these days. Is this a forward view to next year, because I am expecting its next quarterly report to be absolutely dreadful.
Read Answer Asked by John on April 20, 2020
Q: Hi group first question if you were to pick one US and one Canadian stock for capital appreciation with the least risk what would the names be bases on todays environment . 2 nd question I got stopped out of BYD (Stopped out @140) and CSU (stopped out at $1180) in the recent downturn what strategy would you use for re-entry? ( have been waiting for significant pull backs that have not materialized at this present time in the cycle please give me you thought's on strategy to reenter these names Thanks for your thoughts
Read Answer Asked by Terence on April 17, 2020
Q: please list your 5 favourite Canadian moat stocks with strong balance sheets list your preferences in order of one to five thanks Richard
Read Answer Asked by richard on April 08, 2020
Q: Hi, Our ACB for LSPD in non Regd account is $32. We have large Capital gains due to BYD conversion. Does it make sense to book capital loss by selling LSPD today and buying back after 30 days. Based on present market conditions and news around COVID-19, do you think it makes sense or there is risk of stock going back higher in 30 days time. Or, i
nstead, doing same exercise with BYD is a better approach. Thanks
Read Answer Asked by rajeev on April 07, 2020
Q: I’m so thankful to be able to call on your expertise, perhaps you can give me some guidance. Your service lead me to purchase several thousand shares of Boyd at a price in the teens for which I am great full. With the deemed sale at $202, and sizeable taxable cap gains. Would it be to my advantage to sell shares now at around $137 a share, take the loss, raise some cash for my war chest and repurchase Boyd when I feel comfortable with the economy? You may tell this is a question for my accountant but I would be interested in you take.
Read Answer Asked by David on April 06, 2020
Q: Hi group if you were to buy 3 stocks in Canada + 3 in the US today (or would you wait?) regardless of sectors . What stock would you buy /why. Of course it goes without saying that they would be minimally effected by the Covid -19 virus
Read Answer Asked by Terence on April 06, 2020
Q: At today's valuations, if you could invest in one of these today as a good solid longterm investment, which one would it be? Would you still consider BYD and FSV as fairly expensive, even after the recent drop in their respective stock prices?
Thanks.
Read Answer Asked by James on April 06, 2020
Q: Hi Guys, looking to buy some partial positions on the following stocks, I own banks and telecoms plus SHOP and LSPD and a few others, would like your opinion with this 10 pack and do you see any issues with any these companies going forward.
Thanks for your great service
Anthony
Read Answer Asked by Anthony on April 03, 2020
Q: Hi group what the heck happened with BYD bottom fell out please give new target price to purchase along with explanation. Same with LSPD this is beyond belief. You tell us when to buy some stock but seldom tell us to sell BYD + LSPD a are examples of that. I suggest that you need to start giving out target prices (in a range at least). A lot of these so called blue chips are getting hammered was the low on the DOW + TSX 2 weeks ago or are we going to see more downside?. We need help to rebuild our losses so start to think about target. prices selling + buying . Thanks PS deduct credits as you see fit
Read Answer Asked by Terence on April 03, 2020
Q: Given the current environment, which do you foresee having a good recovery from today's lows. How would you rank these companies listed to purchase today to deploy some cash. Which would you rank this list for risk from high to low. (not considering sector allocation.
Do you have any other recommendations outside of this list that you think might have more potential?
Read Answer Asked by Gigi on March 30, 2020
Q: I have a large capital gain on Boyd for the 2020 tax year which I am considering offsetting by taking Capital losses which I have on the above mentioned stocks, including BYD. What is the best way to do this? Sell and wait 30 days to re-buy? Sell now and buy proxies (what would they be?)? I’m also considering using stop losses to take advantage of any increase in stock prices I might otherwise miss. Would appreciate you comments and advice. Michael
Read Answer Asked by Michael on March 27, 2020
Q: Hello 5i, if you had to choose 10 companies out of the USA or Canada for a 5 year hold what would you choose?

There is no need for additional comments, the money isn’t needed in 5 years that’s just a timeframe that should hopefully allow for success vs the virus and recovery economically and adapting to the changed world ( going cashless, online shopping, deliveries, remote work etc) Risk is not an issue and neither is sector diversification. thank you !
Read Answer Asked by Michael on March 27, 2020
Q: Of these 9 equities + ETFS, which would you see as reasonable to hold on to if one believes there is a prospect of recovering from the current economic storm from the virus? Some have been held for a long time are still positive, most are down; TOU is the worst (85% drop) and is now very small. They are held in a registered account, so tax loss selling is not an issue. Thanks for your excellent service.
Read Answer Asked by Leonard on March 26, 2020
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