Investment Q&A

Q: Love the new website format and content. Please rank ccl,b and sj based on long term growth and current valuation. I only have room for one in my tfsa. Thanks

Q: What are the earnings estimates for this upcoming quarter. Does ccl.b have a track record for beating the estimates? Good time to take a half position before or after earnings

Thanks

Q: I own all three of these companies. I am up 10% in WSP, 10% in CCL.B and 13% in RCI.B I want to add to one of them, which one would you suggest?
Thanks for your help. Dorothy

Q: I am in my late 30's, and I have a long-term time horizon. However, I find myself gravitating towards stocks with stable businesses that pay dividends. I currently own BEP.un, NWH.un, CSH.un, and SLF.
For a long-term, yet somewhat conservative investor, what are some companies that I should consider adding to my portfolio? Thanks in advance!

Q: When I was constructing my portfolio I decided to buy WPK instead of CCL.B because CCL had just had a big run up and was starting to look expensive. I feel CCL is a superior company overall but at the time I thought Winpak might outperform in the shorter term. My question is for a 5+ year hold would you now make the switch from WPK to CCL? Would you expect CCL to outperform WPK enough to justify this switch in a 5+ year timeframe.

Q: Hold NWC in my tfsa but thinking of switching into CCL-B. Also, is Amazon a threat to North West Company?

Would you be ok with the switch?

Q: I have a reasonably well-balanced portfolio encompassing many 5i suggestions. I have recently opened a TFSA account and would like your assessment of the above for immediate purchase in that account.
Thanks for your assistance.
Geoff

Q: Why is CCL.B being hit hard since its recent $68.47 high in mid June?Is this the time to enter a position? Appreciate u normal great services & opinions.

Q: I would like to hear from you on the potential impact that bad policies such as the rise of minimum wage, high power costs in Ontario and the risk of losing the NAFTA framework may have on good companies that were thriving under previous governments.

Q: Hi, CDN Dollar has gone up from $0.73 to 0.82 (+8%) within a span of less than 2 months. BOC did n't wait till October meeting and raised the Prime, indicating their bias towards more hikes in the future. In this environment, I am trying to figure out the currency impact on results of companies like CCL Industries, which have a fair share of earnings globally but report in Canadian dollar. CCL.b has already seen its share price tumble from $68 to present $57, within last 2 months.
(assumption being that CDN$ rise is the major reason)

Which are the other companies, in your coverage, deriving a decent share of their revenue in US Dollars and could see the impact of higher CDN $ ? Should this change in CDN/USD value raise a concern and revisit the holdings/weightings in your portfolios ?

Thanks

Q: Howdy!
I try to be a buy and hold investor with a long-term investment horizon in my RRSP account.
I have recently joined your service and am thinking about trying to reposition my RRSP account to emulate the sector allocation in your Balanced Portfolio.
About 30% of my portfolio is sitting on cash /cash equivalent investments right now; and I have almost 0% in the Technology and Basic Materials sectors.
As such, would you recommend a position in all of the nine equities that represent the Tech and Basic Materials sectors in your Balanced Portfolio?
Or have some of them (like CCL.B) peaked /not as much room left for appreciation compared to when first bought?

Q: Good Morning All,
I have cash from profit-taking in resources and I'm looking at ABT, ITP,SIS,CCL.B, or ZCL. All had some pull-back and pay a decent dividend. Your thoughts please. Many thanks for your excellent service. Bob.

Q: I am reviewing my holdings in Consumer non-cyclicals for my RRSP (balanced approach with 15+ years to convert to RRIF). I am underweight in this sector (4%) divided between CCL.B and FSV which you agreed in a previous Q&A that they can be considered c. non-cyclicals.

I’d like to increase to about 8-10% total by boosting one of the two holdings I already have (which one between CCL.B and FSV would be best at this time?) and/or acquiring one or two additional stocks. Here I think it would be wise to buy more typical c. non-cyclicals like ATD.B + PBH or perhaps simply just XST to get exposure to a basket of food-related stocks at once (primarly ATD.B, L, MRU, SAP). Your observations will be appreciated as always.

Q: I want to re-balance my portfolio across sectors but I found that a few holdings can fit more than one sector for all practical purposes.

CCL.B is classified as materials, but can we also consider it as consumer goods given its labeling and container products directly serve the retail market? If so would that be c. cyclical or non-cyclical?

MG is classified as c. cyclical, but can we also consider it as industrial?

I have a hard time with FSV which is classified as financial, but to me consumer non-cyclical (recurrent residential residential/condo maintenance fees, property services) is a better fit.

Finally, how about MDA? Can it be considered either technology or telecommunications?

Thank you for validating the above, it will be useful to explore my options.

Q: I have room for one of CCL.B, BYD.UN or ATD.B. Which has better growth prospects?

Q: Hi, in a bad market, a slight miss of whatever metric leads to a big drop of price. It is Ok for long term investors who got in long time ago and had huge gain already and took some profit. What is your recommendation on the above mentioned stocks for those lone term investors just bought in recently. Buy more, hold or sell? Thanks.

Q: In a market like this some stocks are unfairly punished and could be an opportunity please give an opinion which is a good deal.

Q: Hi Gang, I'm down around 18% on both, are brokers usually right with their outperform recommendations, saw this on my TD account this morning, also what time frame should I have before cutting them loose. I'm patient but usually after 6-12 months my patience runs thin. Thanks Anthony

09 Aug 2017

CA
CCL.B
BMO Capital
Outperform
Outperform
$72.00 Target
09 Aug 2017

CA
KXS
BMO Capital
Outperform
Outperform
$82.00 Target

Q: Morning team,

Could you please comment on CCL's Q2 results and why you think the market has reacted negatively.

Thanks for your thoughts!

Q: Hi, would you take this opportunity to begin a position in these names after missing earnings? Can you rank current opportunity for long term growth. Thanks