Investment Q&A

Q: I plan on adding to the following positions within my TFSA. What would be your order of buying?

Q: Good morning - I am overweight Utilities and underweight Energy. I have large positions in BEP and AQN, both of which have considerable capital gains as well as FTS which has plowed along steadily but not much gain. I am thinking of selling FTS and buying ENB or TRP. In an earlier question you suggested that you liked TRP over ENB if you had to choose. Do you like any other energy sector company better for a long term dividend loving old timer? I already have a chunk of SU and Canadian Natural Resources. On the other hand, I am noticing analysts starting to love FTS. Should I stay or should I go, and to which energy company? Thanks for helping me stop going in circles. Al

Q: If I were to sell one of these stocks to purchase something growthier, in what order might you suggest? Are any of these potential recovery plays?

Thanks.

Brad

Q: What is a mixed shelf ?

Q: Does Emera have exposure on the Muskrat Falls project? I see the regulator has asked Emera to "adjust" for slow / non-existent benefit from The Link between NS and NL. Emera remains up 30%-40% from my purchase but would suggest a pivot to FTS or a Brookfield company here? Or anything other non-oil utility?

Thank you.

Q: Could I get suggestions for long term dividend paying stocks for a young investor to add to these stocks.

Q: Hi guys,

I'm looking for potential opportunities in the energy space where the line between clean and fossil, as well as energy vs utilities seems to blur more and more. Also there seems to be increasing suggestion that big oil is interest to move into this space with investment and engineering capital.
Are these corporations good opportunities and if so do they look to be positioned as underpriced for growth relative to the current frothy players like npi and bep?

Q: I hold all of these utilities and would like to consolidate into one as a reliable dividend stream with some potential for a small amount of growth over 10-15 years (I hold in a RRSP). Which utility would you recommend to achieve this objective?

Q: I have no utilities exposure. I want to add 1 Company. I was looking at Fortis because I believe they are your favourite given their size and history of dividend increases. They currently are mostly electricity delivery (<90%) with some renewables and fossil fuel. By 2035 they expect to increase renewables from 2% to 7%. That seems like a long time for such a small increase. They are eliminating their fossil fuel generation. If I prefer to invest in a utility with more of a focus on renewables, would AQN or BEP.UN be a better bet. Shouldn't they do better as renewables become 'trendier'? Which do you prefer out of AQN and BEP.UN. BEP.UN has had quite a run recently.

Q: Have $12,000.00 to invest, current BMO Inv Line allocation is as follows:
Communication 8%
Cons Disc 21%
Cons Staples 13%
Energy 6%
Financials 32%
Health Care 11%
Info Tech 1%
Companies held AW, RBC, SLF, SBUX, WMT, BCE, PFZ,SIS, BB, ENB, TNY, HEXO,VTR,ParkLawn

Would appreciate your thoughts on how I could deploy the cash.

Q: Why do you like both FTS & AQN?

Does a raise in interest rates kill this sector?

Would you agree that FTS has a PE of 20 compared to a PE of 30 for AQN?

Would you also agree that a large BAM position allows you to participate in BEP without investing directly in the stock?

Thank you,
Nick

Q: Good day,
I have built my daughter's RRSP with your wise direction. She is up 15 to 25% on BAM;EMA;FTS;L;OTEX;RY; BEP and RBF 1030.(My choice) Wonderful. Thank you. We are down in descending order on ENB;CSH;BCE and MFC.

Overweight in Utilities and Financials but okay with that.

Would you add to the latter group? Add any new ones.

Looking forward to Peter on BBN Tuesday.

Long term 25 years+. Many thanks!

Q: Good day,
I hold BEP.UN;BEPC;BBU;CCL.B;ENB;EMA;H;FTS;CTC; and BAM in a non registered account and thanks to you I have done very well following your Q & A and portfolios. I am down 43% in SU; down 23% in CPD; down 16% in IPL and 6% in POW. Would you add to the winners? Add to the temporary losers or ADD new ones. After today, am tempted to add to SU for sure. Have RRIF and TFSA with pretty balanced sectors. Overall, Overweight in Utilities, Financials and okay with that. Many thanks, Paul

Q: Retired, dividend-income investor. I own AQN, FTS, TRP.

I am trying to put into perspective the relative market share (whatever the appropriate metric is?) of Renewable Energy vs Traditional Energy. The recent surge in renewables has, I'm sure, accelerated the transition from traditional to renewable. I am wondering how far into the future the oil industry has (20 years?)?

While I have no data, I suspect if we broke down the various energy subsectors into Renewables (solar, hydro, tidal, wind) vs Gas vs Oil, that Renewables would currently make up roughly 10-20%? Can you please give me the current breakdown vs where we are forecast to be in 5-10-20 years?

Thanks...Steve

Q: Hi Peter and Team
Its been quite the ride around the election and I hope things can be more stable. I have quite large cash positions for my RRIF, TFSA and RESP and will be placing more contributions in Jan into the latter 2.
Can you suggest 3 CDN and 3US from your Growth or Balanced portfolios that now make good "Buys" to my well balanced portfolios ? Is this a good time to put the cash back in for the long term?
Thanks for your continuing guidance
Peter

Q: Retired, dividend-income investor. I focus a lot on asset allocation...by sector and by security. I break out my ETFs into their various sectors (ex. ZLB, ZRE, ZWC, XIT, CDZ, LIFE) and then add in my individual securities (ex. AQN, BCE, NWC, NTR, PBH, PLC, RY, TRP, WSP, etc). Up until now I have lumped Telecoms, Utilities and Pipelines into one category and Energy is a stand-alone sector. The only "adjustment" I make is for TRP. I would normally assign it to Utilities, but because it seems to trade more like the Energy sector I assign it 50-50 to Utilities-Energy.

Fast forward to now with the increasing amount of "Renewable Energy". When researching individual companies for potential inclusion into my portfolio, they seem to all come up "Utilities" (ex. BEP, BIP, NPI). It appears Renewable Energy is not a subset of Energy.

So my question is...how do we deal with the asset allocation? Is Renewable Energy assigned to Utilities or Energy or is it a Hybrid?

Thanks...Steve

Q: All of these stocks seem to be favourites and pay good dividends. Am having a hard time differentiating between them as regards to those involved in renewable energy ( I think NPI, BEP and Aqn ) and those involved in transmission only of electricity and natural gas (I think FTS, and EMA). Could you please comment on the differences, if there is any and how you would rank them.

Thanks

W

Q: I am currently have a large position in Atco and it has been going down a lot since Covid. Going forward, what is your view of continuing to hold ACO.X vs a swap into FTS, ENB, AQN, or CU. Could a swap in either one or into a combination of these be of benefit for a long-term hold for a risk averse investor? What is your recommendation given the current valuations, recovery potential and future growth outlook?
Many thanks!

Q: Hi,

1)In the next 2-3 years do you think REITS or utilities will do better (some growth, less volatility)?
2)Can you suggest 2 CDN reits and 2 CDN utilities you feel comfy with>
3) Can you suggest 2 US reits and 2 US utilities you feel comfy with?

Q: Hi Team, Looking for a stable type of name with some yield to accompany some a high growth U.S names in my daughters TFSA, between FTS and Bip.un Which would you prefer at this time for a very long term hold. I thank you in advance, Sam