Investment Q&A

Q: For a TFSA. any one of these preferable

Choosing only GUD a sound choice, if one wanted maximum result

Q: Could you please comment on the recent earning earnings? They seem quite solid but without reference to expectations, it is hard to judge them.

By way of a comment, while you have never said anything negative about this company, it is not one that you seem to tout very much although it has been a solid performer and value grower for many, many years. Do you see this a reasonable core holding in tech?

Appreciate your insight.

Paul F.

Q: I have about 25K to invest im my TFSA. Please rank the above stock as to growth over next 3 to 5 years.
Much appreciated RAM

Q: Hello,

Over the past several years I have put together an adhoc portfolio with the following allocation:

ZEO (oil) %4
GIB.A %36
GILD %11
VOO %27
VSP %9
VIG %13

My goal overall is to build a long term growth portfolio (25-30 years) with some stocks mixed in. Any recommendations on how or if I should re-balance this? In your opinion is there anything I should move away from or that may be missing from this portfolio that I should add for long term growth? (ex. emerging markets or a global equity market index ETF).

If so, you could please provide a couple I should consider? I have a lump sum that I plan to contribute to the portfolio over the next 60 days.

Thank-you very much in advance!
Ryan

Q: I am considering consolidating at least one of my tech stocks as some seem to be in similar businesses. Which tech stock of the above would you recommend to sell at this time. If something is sold, which one might you recommend to buy more. Or just best to do nothing. I have about 2% - 2.5% of my total equity portfolio in each. Thanks.

Q: I'm a conservative investor and have been looking at the valuations on these three companies for awhile. All have good grades and have had decent pullbacks. What order would you rate purchasing these companies, or any other ones, based on least risk and greatest capital appreciation over the next two years. Thank you.

Q: Starting another trading acct. without any banks. Your opinion would be appreciated on the selections above. Thank you.

Q: Which is better buy for tech holdings and why?

JJ

Q: CGI Group was downgraded today by Goldman Sachs to a sell. This is a long term hold. Any actions required, and if it was in the Balanced Portfolio at what weighting would you hold it at? Thanks!

Q: Goldman reduced its rating to sell. Would you consider this an opportunity to increase my position from half to full? Has anything changed? Thank you and merry Christmas to everyone.

Q: I have had my eye on these 2 stocks for a while and the current prices look reasonable for a long term entry point. Both have been very acquisitive. From what I can glean from the annual and quarterly presentations CGI is in the process of delevering from their last acquisition and could be setting up for another. ATD is in the process of digesting their latest acquisition too. My question is has either company issued equity to fund some or all of their prior acquisitions? Or have they all used cash/debt?

Q: Hi 5i: I am in the process of aligning my equity portfolio more closely with the 5i Balanced Equity portfolio. Re the tech sector, I have KXS and SYZ as does 5i. However, instead of CSU and ENGH I have GIB.A and DSG. Would you recommend that I sell the latter two and pick up CSU and ENGH, or is there some intermediate step that you would recommend? Both GIB and DSG have done well for me so far. Thanks for your always valuable advice.

Q: Hi 5i. Like other fellow members, we too have difficulty deciding when to sell equities which have done well.
We hold Alimentation and CGI Group in our TFSA's, and my wife holds BMO in her RSP, all of these have ~100% gain over our ACB. Their 52wk Hi prices occurred recently (Sep and Nov).
We also hold Stella Jones with a 68% gain, and Parkland Fuel with a 60% gain in our TFSA's. PKI's 52wk Hi was recent (Oct), while SJ's was almost a year ago.
We do not wish to sell any of these equities outright, but are thinking about re-couping some (or all) of our original investment.
Another issue clouding our decision : does a solid dividend (ie BMO and PKI) change the decision ?
Do you have a general rule of thumb to follow ? Could you give us your advice regarding what to do here. Regards. Your advice as always is much appreciated. T.

Q: I have a question about this press release about share repurchases from CGI Group. The CGI group is intending to repurchase Class A shares on the TSX. I'm a holder of shares of CGI on the NYSE. Can you tell me more about how this will affect my investment and are NYSE shareholder getting the short end of the stick?

Q: My only tech holding at present is OTC. I would like to add a second tech stock. Which of CSU, GIB.A, KXS would you prefer as a complement at this time? Thank you, Barrie

Q: I currently hold full positions in GIB, Engh and KXS and a 1/2 position in SYZ and am looking to add another 1/2 position. I can't decide between topping up SYZ, adding a new 1/2 position in CSU or selling SYZ and go with a full position in CSU. Part of me would like to stay more concentrated (I am very comfortable with the 3 full holdings) but I guess at the end of the day, I am wondering if the hoped for outperformance of SYZ outweighs the very solid expected growth of CSU. While I like the added benefit the SYZ dividend provides, I do not currently need the income.

I am interested in your opinion as to my options. Appreciate the insight.

Paul F.

Q: Thoughts about adding to my position in CGI. Results looked good. Net debt down to $1.3 billion or 15.8% net debt to total capitalization. Down nicely from over 40% after Logica acquisition. Company is buying back shares even though there is no dividend. Double digit eps growth over the past year.

Jason

Q: I like the IT space and in the past I have owned all 4 companies. I started to raise cash some time ago and currently own none of these Companies. I want to get back into this sector. Which of these should I focus on with a view to both safety and growth?

As always thanks for your advice

Don

Q: For the next two years, which one of the two would be best, to replace BEP.UN ? And would that be advisable ?

For the next five years, same query.

Altogether, would ATD.B be clearly a best choice ?

Q: Good Morning
I have replicated both my RRSP and TFSA accounts to hold many of the holdings in both the Balanced and Growth Portfolios save and except CGI and Cipher. I have reviewed your comments on theses companies but would like some specific advice if you think I should swap these out or continue to hold. I currently hold all your teck recommendations except OTC and have full positions in GUD and SIS
Thank you for your exceptional advice and guidance.