Q: I'd appreciate your thoughts on when to throw in the towel for stocks in taxable accounts. When companies in my registered accounts plateau or backslide, it's an easy decision to move on. I find it much more challenging to sell previously profitable stocks in taxable accounts. By way of example, at one point, I was up some 150% with TFII. That has now slid to just over 100% and it appears it will be a while until this cyclical stock recovers. In instances such as this, do you advise patience...or taking the tax hit and moving onto a company that has a clearer growth profile going forward? Thank you.
You can view 3 more answers this month. Sign up for a free trial for unlimited access.
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
- ATS Corporation (ATS)
- Comfort Systems USA Inc. (FIX)
- Heico Corporation (HEI)
- Jacobs Solutions Inc. (J)
- TFI International Inc - Ordinary Shares (TFII)
Q: I am down about 23% on a small position in ATS. If I decide to sell it for a tax loss, what are 2 or 3 US growth oriented industrial stocks to investigate as a replacement?
- WSP Global Inc. (WSP)
- Stantec Inc (STN)
- TFI International Inc - Ordinary Shares (TFII)
- Trane Technologies plc (TT)
Q: I already hold a bit of TFII and WSP but would like more in industrials. I’m thinking of either adding to TFII or starting a position in STN or TT. Is there still good reason to add to TFII? If not, both STN and TT have good momentum, but as I already hold WSP, would TT make more sense?
Thanks.
Thanks.
- Apple Inc. (AAPL)
- Adobe Inc. (ADBE)
- Amazon.com Inc. (AMZN)
- Alphabet Inc. (GOOG)
- Microsoft Corporation (MSFT)
- General Motors Company (GM)
- Loews Corporation (L)
- Eli Lilly and Company (LLY)
- Constellation Software Inc. (CSU)
- Restaurant Brands International Inc. (QSR)
- Kinaxis Inc. (KXS)
- Tesla Inc. (TSLA)
- Advanced Micro Devices Inc. (AMD)
- INVESCO QQQ Trust (QQQ)
- TFI International Inc - Ordinary Shares (TFII)
- Topicus.com Inc. (TOI)
- Brookfield Corporation Class A Limited Voting Shares (BN)
- Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM)
Q: Hi group I just sold NVDA @ $425. The plan was to wait for a pullback so i could repurchase. Looking like that will not work out. So should I buy AMD or ADBE Or? ...or just wait for a market adjustment broad based
2nd question i presently own the follow stocks and would like to add to some to them. In What order and price would you buy or should i be patient and just wait?
CSU AAPL AMAZ GOOG BN BAM KXS ATZ LLY NVEL TFII GSY BYD MSFT GSY TSLA QQQ TOI ATZ GM QSR L
Thanks for your help with these decisions deduct credits as required
2nd question i presently own the follow stocks and would like to add to some to them. In What order and price would you buy or should i be patient and just wait?
CSU AAPL AMAZ GOOG BN BAM KXS ATZ LLY NVEL TFII GSY BYD MSFT GSY TSLA QQQ TOI ATZ GM QSR L
Thanks for your help with these decisions deduct credits as required
- J.B. Hunt Transport Services Inc. (JBHT)
- XPO Inc. (XPO)
- Old Dominion Freight Line Inc. (ODFL)
- TFI International Inc - Ordinary Shares (TFII)
- RXO Inc (RXO)
Q: Would this be a good time to start adding to freight/ trucking operators?
Would please rank these in order of upside potential give current prices.
Thanks.
Would please rank these in order of upside potential give current prices.
Thanks.
- WSP Global Inc. (WSP)
- BRP Inc. Subordinate Voting Shares (DOO)
- Savaria Corporation (SIS)
- goeasy Ltd. (GSY)
- Aritzia Inc. Subordinate Voting Shares (ATZ)
- Shopify Inc. Class A Subordinate (SHOP)
- TFI International Inc - Ordinary Shares (TFII)
- Unity Software Inc. (U)
- Topicus.com Inc. (TOI)
- Nuvei Corporation (NVEI)
Q: Thanks Peter. Your services have been very educational and rewarding. Had a good year. This is my first year of subscription and I just upgraded to the full Investor suite services. All the Q&A and research reports have been very helpful. It has made me more disciplined in my decisions as well as provided greater insights to the Investment process
As the end of the year, I am reflecting on the investments done in the year. I seek you opinion to opinion some of those as under. Position size or Industry allocation is not an issue. Time horizon is long 4+. No tax consequences and have patience; there is no need to raise cash
A. Stocks with above average returns-
ATZ 62%, TOI 72%, SIS 39%, TFII 19%, DOO 19%, NVEI 49%, WSP 32%, SHOP 19%, GSY 72%, U 106%
Do you recommend continuing to hold all of them? Would you consolidate sell some and add to some?
Would you endorse Investing new fund in 1 or 2 of them at current price to go to full position
B. Under performing stocks (loss/down)-
AT 56%, CTS 8%, EGLX 40%, LSPD 8%, MRS 69%, QST 35%, XBC 52%, Well 26%, AMGN 10%
Do you still have the conviction in these stocks? If yes which are best 3 and why? Do you recommend selling some of them or adding to some of them?
Again, thanks for your excellent services and deduct as many credits as appropriate
As the end of the year, I am reflecting on the investments done in the year. I seek you opinion to opinion some of those as under. Position size or Industry allocation is not an issue. Time horizon is long 4+. No tax consequences and have patience; there is no need to raise cash
A. Stocks with above average returns-
ATZ 62%, TOI 72%, SIS 39%, TFII 19%, DOO 19%, NVEI 49%, WSP 32%, SHOP 19%, GSY 72%, U 106%
Do you recommend continuing to hold all of them? Would you consolidate sell some and add to some?
Would you endorse Investing new fund in 1 or 2 of them at current price to go to full position
B. Under performing stocks (loss/down)-
AT 56%, CTS 8%, EGLX 40%, LSPD 8%, MRS 69%, QST 35%, XBC 52%, Well 26%, AMGN 10%
Do you still have the conviction in these stocks? If yes which are best 3 and why? Do you recommend selling some of them or adding to some of them?
Again, thanks for your excellent services and deduct as many credits as appropriate
- Algonquin Power & Utilities Corp. (AQN)
- Open Text Corporation (OTEX)
- Restaurant Brands International Inc. (QSR)
- TFI International Inc - Ordinary Shares (TFII)
Q: Which of the following companies pay their dividends in USD? Algonquin Power, Open Text, Restaurant Brands, TFI Intl. ?
- Agnico Eagle Mines Limited (AEM)
- Algonquin Power & Utilities Corp. (AQN)
- Magna International Inc. (MGA)
- Open Text Corporation (OTEX)
- Nutrien Ltd. (NTR)
- TFI International Inc - Ordinary Shares (TFII)
Q: Hi Peter, Ryan & 5i,
I am looking for seven great Canadian dividend stocks that are listed on US exchanges that pay their dividends in US $. I have about 70K US$ to invest.
Much appreciated and thanks for the great service. Ivan
I am looking for seven great Canadian dividend stocks that are listed on US exchanges that pay their dividends in US $. I have about 70K US$ to invest.
Much appreciated and thanks for the great service. Ivan
Q: I have a nice gain on TFII of 40%. Given its higher valuation with recent price increases, would you trim or change this holding to another industrial? Its currently about 4% of our retirement portfolio.
Q: I currently hold the following Industrial sector stocks: AC, CAE, MRS (very small position), WSP, XBC
Looking at adding ATA or TFII. Would you have a preference at this time and why ?
Many thanks.
Looking at adding ATA or TFII. Would you have a preference at this time and why ?
Many thanks.