Investment Q&A

Q: I own bce in my rrsp account. I know it has a good dividend but the stock has been flat for the last few years. I was wondering if you could recommend another dividend stock that was relatively safe but would have a bit more growth potential.

Q: There will have to be a significant electrical buildout to facilitate a wide based conversion to EV. Everything from Power Production thru both new and upgraded Distribution to Charging Facilities and their components and other electrical elements I haven't thought of will benefit.
Who will be the biggest beneficiaries?
Will there be be clear winners in power production, presumably among renewable energy companies? What about their suppliers?
Will distribution equipment suppliers like GE and Siemens be rejuvenated? Who's best in class in their sector - one of them, Mitsubishi or?
In Electrical Distribution is there any clear leader or is it so decentralized that all the Fortis' and NEE's etc. benefit.
Will ATD.B and its competitors actually see growth in facilities and same store sales etc.
To what extent will energy storage be required and at what stage?

Thank you, Hugh

Q: Hello all,
I'm really overweight BIP.UN and BEP.UN. I'm thinking of trimming back both and buying Topicus when it begins trading. I realize they are in different sectors. I will have some Topicus because of my ownership of CSU. Just thinking of adding more TOI. Your thoughts please?

Thank you,
Brent

Q: Hi team

this one has pulled back quite abit for a few days
(premium over the bep.un shrinking ?)
any fundamental reasons ?

I can add on to the pre-existing position
for dividend income in a non-registered account

or should I hold and wait for a few days for a bottom to form?
thanks
Michael

Q: I am looking at putting together a portfolio of set-&-forget Canadian dividend-paying stocks, in what will be my only unregistered account, making up about 30% of our overall portfolio. The registered accounts (70% of portfolio) are now all in mixes of VGRO, VBAL and XAW.
My emphasis is on stable large cap companies, with a sprinkling of smaller cap, low beta, decent and growing dividends. I expect to draw down the capital at 6 - 7% per year (in addition to the dividends). Beyond the drawdown, capital preservation is secondary to the income.
What are your thoughts on the following mix? Additions/deletions?
Communication: BCE, T
Consumer Discretionary: CTC.A, LNF
Consumer Staples: NWC, PBH
Financials: BNS, TD, SLF
Industrials: SIS
Materials: SJ
Real Estate: CRT.UN
Energy & Utilities: ENB, AQN, FTS, ACO.X, BEP.UN (or BEPC)
My other thought is 100% CDZ but I'm not very impressed with the historical returns and the (relatively) high MER.
Thanks. Lotar.

Q: Hello!
Many months ago you had suggested the corporate version of BIP and BEP for a taxable account. Has this changed? If I sold BEPC I would have a gain in a taxable account, so is it now recommended to sell and buy BEP.UN or can I just keep with one? For BIPC I would have a loss. Can I keep this and could momentum return in this name one day or is it likely to just keep going lower and lower. The volume on the Corporate version is much lower which is not great. I had also liked the fact that institutions can buy the corporate versions, making that version more attractive but perhaps this is not the case.
Appreciate your thoughts. Thank you!

Q: Much has been discussed about the apparent disconnect between the value of these two entities. If, as you suggest, the price discrepancy is too wide, in your opinion is it because BEP.UN is undervalued or that BEPC is overvalued? In other words, if the difference in price shrinks, which stock should move the most?

Appreciate your insight.

Paul F.

Q: I am in the process of developing a plan to consolidate my SDRSP portfolio by trimming some stocks and moving more into ETFs. I will keep a small growth portfolio within the SDRSP because I like doing it. Can you comment on the three Brookfield stocks that I have and if two had to go which would you suggest please.

Thanks as again.

Q: If you were starting from zero which of the Brookfield companies would u buy at this time..rate your favorite to least favorite please

Q: I would like to buy either BEPC or BEP.UN for my son's TFSA. Which of these is preferable, given the price difference?

Q: In response to a recent question from Alan regarding what you felt the BEPC over BEP.UN price premium should be you said "We think 10% to 12%"

What about the premium for BIPC over BIP.UN? Do you think it should also be 10 to 12%? BIPC is currently trading approx $11 or 32% over BIP.UN.

Q: To further clarify your answer on swapping BEPC and BEP.UN, assuming there are no tax implications, what premium do you think is reasonable?

Q: Given your answer today about BEPC having too much of a premium, do you advice selling it and buying BEP.UN instead?

Q: Happy New Year
TD has BEPC as a SELL. Why would this be? I rarely see a SELL on the Brookfields.
Thank you and stay safe

Q: Your delightful Jan 8 article,5 themes for 2021, mentions Bepc,a star performer,& Sedg. On Jan 4 ,u mentioned XBC,BEPC & NPI as the 3 growth names in Ren.Energy growth. Is it ok to buy XBC & Bepc after they & the sector has appreciated so much.Thanks for u usual great services & views. All the Best for 2021 & continued great views & services

Q: I have listed the companies & etfs in my tfsa plus the %age of each in my portfolio & would like your opinion on whether the group is too passive or aggressive . Should some areas be reduced & would you add some stocks or etfs to give it more diversification? I have pensions, am retired & don't rely on the proceeds for living expenses.
Since I joined 5I ,& more particularly this past year, your advice has been invaluable. For example I just sold DND for a $6600. profit. Your site gave me the idea to buy DND .
Thanks
Dave

xbc 5%,pho 2.5% sis3% aqn5% bam.a4.5% bep.un10%,BEPC:CA,2.4% kxs6% nwh.un2.5% ry10.5% bns7% td7.5% xsu 4% zem2.4% zch2.3% zwe2%

Q: The above holdings now represent 10% of my equity portfolio. Should I bring this back to 6-7% or should I let these run? If so,
to what extent? Thanks, Martin

Q: I have listed the securities I hold in my portfolio showing % of portfolio and gain/ loss for purposes of helping answer my question.
AGN-2.46% +16.35%: ATD.B - 3.74% +0.03%
BNS-1.96% +27.14: BYD-3.63% +15.3%:
BAM.A -3.57% +11.57%: BEPC-3.52% +90.21%: CAE-5.02% +68.26%: CAR.UN-3.57% +5%: CRWD -3.44 -1.48 (new holding):
EIF-4.06% +32.05%:GSY-4.7% +11.35:
KXS-4.63% +7.2%:LSPD-10.26% +198.54%
MG-3.21% +38.14% : NFI -1.34% +40(sold part): PBH-3.38 % +4.25%:SHOP-4.92% +9.76%: SLF-2.39% +4.32%:T- 3.59% -0.91%
TFII-4.68% +105.59%: VGG-4.96% +40.2%:
VEEV-1.97% -0.55: WELL-4.24 +13.8%
By geography I own approximately 17% in US.
My Alpha-Balanced suggests 25%.
lSPD,SHOP and T , although not US , have a dual listing.
I was thinking of transferring cash from sale of NFI to my US account to increase US holdings.
Note C$ is increasing against U$.
Would you agree with this move or stay my current investment strategy. If so would you suggest adding to current U$ position or another suggested stock?

Q: The geography of the following according to my Alpha-Balanced portfolio are US.
BEPC-3.55%: CRWD-3.42%: VFV-3.59%:VEEV-1.99%: VGG 3.95% for a total of approximately 17%. I would like to increase this to approximately 25%.
In addition to the above I own the following dual listed stocks.
LSPD-10.28%: SHOP-5%: T-3.61%
Moving cash from unregistered C$ to unregistered U$ account. Would you consider adding to any of the above or do you have an alternate suggestion,
In the portfolio I’m overweight tech & industrials.

Underweight materials and energy. Not a fan of oil or gold .

Roy
In addition I own the following that have dual listing.

Q: With a view to exsistant capacity and future growth of capacity what are your top three suggestions in the renewable energy growth space?