Q: My daughter just turned 18 and we opened her TFSA account this week. Trying to spark her interest in investing I was screening for some young hip stocks I could put her onto ( gaming, social media, clothing brands, etc) ....saddly in Canada I didn't find anything. So went to my second option which is " work related stocks" which in my case is engineering and my daughter going off to school in the fall in engineering as well. I have owned WSP since before the merger ( Genivar) so done very well. Stantech is your holding in the growth portfolio although I am concerned with the strong run over the past year and a looming ( hopefully shallow) recession that it might not be a great time to get into the name over WSP which has done well but lagged a bit more this year. So WSP or STN for a 30+ yr hold, or look elsewhere short term due to sector risk with the looming slowdown.
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.
-
Agilent Technologies Inc. (A)
-
Merck & Company Inc. (MRK)
-
Stryker Corporation (SYK)
-
Thermo Fisher Scientific Inc (TMO)
-
Visa Inc. (V)
-
Great-West Lifeco Inc. (GWO)
-
WSP Global Inc. (WSP)
-
Brown & Brown Inc. (BRO)
-
IDEX Corporation (IEX)
Q: For a TFSA if you could pick a few value stocks that have good balance sheets and maybe provide a “margin of safety” if we did have a recession, but also show some promising upside in the medium term if the stars align what would they be? (I’m agnostic on sector and cap size, US or Canada)
Thank you
Thank you
-
Sun Life Financial Inc. (SLF)
-
Constellation Software Inc. (CSU)
-
Dollarama Inc. (DOL)
-
WSP Global Inc. (WSP)
-
Descartes Systems Group Inc. (The) (DSG)
-
Thomson Reuters Corporation (TRI)
-
Alimentation Couche-Tard Inc. (ATD)
-
Brookfield Corporation Class A Limited Voting Shares (BN)
Q: Please rank the above companies in order of buying. Thank you
-
Sun Life Financial Inc. (SLF)
-
Constellation Software Inc. (CSU)
-
Dollarama Inc. (DOL)
-
WSP Global Inc. (WSP)
-
Descartes Systems Group Inc. (The) (DSG)
-
Thomson Reuters Corporation (TRI)
-
Alimentation Couche-Tard Inc. (ATD)
-
Brookfield Corporation Class A Limited Voting Shares (BN)
Q: RESP with 5 years until first withdrawal. Currently only holding is VEQT and approx 30% cash. Looking for some stable compounder companies to sweeten the total return. Please suggest 8 ideas. Thank you
-
Illinois Tool Works Inc. (ITW)
-
Nike Inc. (NKE)
-
Visa Inc. (V)
-
Bank of Nova Scotia (The) (BNS)
-
Sun Life Financial Inc. (SLF)
-
WSP Global Inc. (WSP)
-
ATS Corporation (ATS)
-
BRP Inc. Subordinate Voting Shares (DOO)
-
Thomson Reuters Corporation (TRI)
-
EQB Inc. (EQB)
-
Brookfield Corporation Class A Limited Voting Shares (BN)
Q: Good afternoon - I’m overweight in big tech in my TFSA and am planning to do some rebalancing. I’m looking for some non-tech suggestions please. Either US or Canada are fine.
Thanks!
Janet
Thanks!
Janet
-
Apple Inc. (AAPL)
-
Costco Wholesale Corporation (COST)
-
Alphabet Inc. (GOOG)
-
Alphabet Inc. (GOOGL)
-
NVIDIA Corporation (NVDA)
-
Coca-Cola Company (The) (KO)
-
Walmart Inc. (WMT)
-
Royal Bank of Canada (RY)
-
Toronto-Dominion Bank (The) (TD)
-
Constellation Software Inc. (CSU)
-
WSP Global Inc. (WSP)
-
Descartes Systems Group Inc. (The) (DSG)
-
Shopify Inc. Class A Subordinate Voting Shares (SHOP)
-
Vanguard S&P 500 Index ETF (VFV)
-
INVESCO QQQ Trust (QQQ)
-
Topicus.com Inc. (TOI)
-
Lumine Group Inc. (LMN)
Q: Good morning 5i:
Next year I will be retiring, and currently I have the outlined stocks in my RRSP, I'm happy with all of them, I think I would like to sell some of them (or trim down, slowly -no rush) and buy stocks/etf that will provide resilience , some yield, and perhaps some growth , can you please provide me with some ideas, 3 or more , I was thinking BN, add more to VFV.
Please use as many credits as required.
THANK YOU for all your help.
Next year I will be retiring, and currently I have the outlined stocks in my RRSP, I'm happy with all of them, I think I would like to sell some of them (or trim down, slowly -no rush) and buy stocks/etf that will provide resilience , some yield, and perhaps some growth , can you please provide me with some ideas, 3 or more , I was thinking BN, add more to VFV.
Please use as many credits as required.
THANK YOU for all your help.
-
Constellation Software Inc. (CSU)
-
WSP Global Inc. (WSP)
-
TFI International Inc. (TFII)
-
Alimentation Couche-Tard Inc. (ATD)
-
BMO Low Volatility US Equity ETF (ZLU)
-
Vanguard FTSE Europe ETF (VGK)
-
Financial Select Sector SPDR (XLF)
-
Vanguard FTSE Emerging Markets ETF (VWO)
-
Aritzia Inc. Subordinate Voting Shares (ATZ)
-
Vanguard Dividend Appreciation FTF (VIG)
Q: I am looking at investing 2023 contributions (2 x $6500) in stocks and/or ETFs. Please provide 5 stocks and 5 ETFs for long term hold. Rank the stocks and ETFs and comment on why they are being recommended,
Current stock holdings include: BYND, BAM, BN, REGN, TSLA
Current ETFs: QQQ, VGRO, ZEM, SKYY, IHI, XIT and SPY
Thank you
Current stock holdings include: BYND, BAM, BN, REGN, TSLA
Current ETFs: QQQ, VGRO, ZEM, SKYY, IHI, XIT and SPY
Thank you
-
Alphabet Inc. (GOOG)
-
Intuitive Surgical Inc. (ISRG)
-
Microsoft Corporation (MSFT)
-
Booking Holdings Inc. (BKNG)
-
Deere & Company (DE)
-
Enbridge Inc. (ENB)
-
Constellation Software Inc. (CSU)
-
Pembina Pipeline Corporation (PPL)
-
Keyera Corp. (KEY)
-
WSP Global Inc. (WSP)
-
BRP Inc. Subordinate Voting Shares (DOO)
-
Shopify Inc. Class A Subordinate Voting Shares (SHOP)
-
Aritzia Inc. Subordinate Voting Shares (ATZ)
Q: Hello, with the current inflation scene, economy and interest rates, expectations of a pause by Federal Reserve and possibility of a soft landing, what sectors will be your favorites to invest/overweight today with a 5-10 years horizon ? And, in these sectors, what will be your best 3 picks, based on current valuation and future growth, in order, with suggested price levels to buy/add ?
Thank You
Thank You
-
AT&T Inc. (T)
-
Fairfax Financial Holdings Limited Subordinate Voting Shares (FFH)
-
WSP Global Inc. (WSP)
-
Stella-Jones Inc. (SJ)
-
TMX Group Limited (X)
-
Kinaxis Inc. (KXS)
-
goeasy Ltd. (GSY)
-
EQB Inc. (EQB)
-
Aritzia Inc. Subordinate Voting Shares (ATZ)
-
Algonquin Power & Utilities Corp. (AQN)
-
Fortis Inc. (FTS)
-
Sun Life Financial Inc. (SLF)
-
Toronto Dominion Bank (The) (TD)
-
Royal Bank Of Canada (RY)
-
Nutrien Ltd. (NTR)
-
Core Natural Resources Inc Com (CNR)
-
Brookfield Infrastructure Corporation (BIPC)
-
Brookfield Renewable Corporation Class A Subordinate (BEPC)
-
Topicus.com Inc. (TOI)
-
TELUS International (Cda) Inc. Subordinate (TIXT)
-
Tricon Residential Inc. (TCN)
Q: Hi,
I need to sell all the stocks in my non-registered account to access the cash in the next 2-5 years. I will be selling many of the stocks listed, in the next few weeks. Can you list them in SELL order with a few comments on the rationale.
Also, please list the top 10 Canadian stocks (from this list or others) for longterm holding, since I will buy some of them back in one of my registered accounts (RRSP, TFSA), likely over the next 2 years.
Thank you,
Camille
I need to sell all the stocks in my non-registered account to access the cash in the next 2-5 years. I will be selling many of the stocks listed, in the next few weeks. Can you list them in SELL order with a few comments on the rationale.
Also, please list the top 10 Canadian stocks (from this list or others) for longterm holding, since I will buy some of them back in one of my registered accounts (RRSP, TFSA), likely over the next 2 years.
Thank you,
Camille
Q: Hello, Both these companies reported solid results, after market yesterday, but their stock is dropping today. What would be a decent price to start a new position ? Thank You
-
Bank of Nova Scotia (The) (BNS)
-
Enbridge Inc. (ENB)
-
Sun Life Financial Inc. (SLF)
-
Fortis Inc. (FTS)
-
Restaurant Brands International Inc. (QSR)
-
WSP Global Inc. (WSP)
-
TMX Group Limited (X)
-
Toromont Industries Ltd. (TIH)
-
Dream Industrial Real Estate Investment Trust (DIR.UN)
-
Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM)
Q: Hi Gang
What are your top ten Canadian dividend stocks at this time
With a 5 yr investment time line
Thanks Mike B
What are your top ten Canadian dividend stocks at this time
With a 5 yr investment time line
Thanks Mike B
Q: Your thoughts on the quarter please?
Thx
Thx
Q: does the STN decent report this quarter give you some comfort on WSP result to be released tonight? Or are they very different "animals"?
Q: Peter,
In which TSX sector would you include Stantec and WSP Global ?
Thanks
Paul
In which TSX sector would you include Stantec and WSP Global ?
Thanks
Paul
Q: Hi , what is your take on Badger? Buy, sell or hold? Thanks.
Alnoor
Alnoor
Q: Hi Peter,
We have TFII and WSP as equal weighted stocks. Is there enough difference between the two to retain both stocks in our RRSP's? If we were to consolidate, which stock would be preferred?
Thank you
Debbie and Jerry
We have TFII and WSP as equal weighted stocks. Is there enough difference between the two to retain both stocks in our RRSP's? If we were to consolidate, which stock would be preferred?
Thank you
Debbie and Jerry
-
Costco Wholesale Corporation (COST)
-
Alphabet Inc. (GOOG)
-
Intuitive Surgical Inc. (ISRG)
-
Microsoft Corporation (MSFT)
-
NVIDIA Corporation (NVDA)
-
Constellation Software Inc. (CSU)
-
Dollarama Inc. (DOL)
-
WSP Global Inc. (WSP)
-
Thomson Reuters Corporation (TRI)
-
Alimentation Couche-Tard Inc. (ATD)
Q: I have been fortunate to own the above names, some for not as long as I wish I did. When you look at their 10 year charts they are impressive. Can I ask you to list a few more Canadian and perhaps several U.S. stocks that maybe also pay a small dividend but that you consider must own names for long term growth? (I do own BN as well). Thank you as always.
Q: Hi - with WSP release date coming up May10th, what would be your expectations around the coming year? Do you think there is a strong chance that they at least re-affirm the current year expectations? Or do you worry that they are going to be the next in line to lower expectations? Or (crossing fingers) are you confident that their business outlook/backlog is strong? Thank you as always!
-
Costco Wholesale Corporation (COST)
-
NVIDIA Corporation (NVDA)
-
Constellation Software Inc. (CSU)
-
WSP Global Inc. (WSP)
-
Thomson Reuters Corporation (TRI)
Q: Hi Guys,
In my portfolio, here our my top holdings, Csu 8.3%, Wsp 7.6%, Nvda 6.9%, Cost 6.8% and Tri 6.4% .
Within a "balance" portfolio, please provide for each stock the % you would hold for before trimming.
thanks,
Jim
In my portfolio, here our my top holdings, Csu 8.3%, Wsp 7.6%, Nvda 6.9%, Cost 6.8% and Tri 6.4% .
Within a "balance" portfolio, please provide for each stock the % you would hold for before trimming.
thanks,
Jim
Q: I have 4% of my RRSP in cash. Im underweight industrials and healthcare. I’m a fan of LLY for HC and J for industrial (WSP is my other). Would you add to these at current prices to get to a half position in each?