Q: Good day Peter and Team, I too am impressed with your ability to limit the number of stocks in your portfolios. As I'm overweight in the financial sector and in the Canadian banking sector we hold BNS, TD, and BMO. I'm thinking of selling BMO at a slight gain, to deploy some extra funds for the Industrial sector where we're underweight. Aside from TNC, would you recommend adding to any of these Industrial stocks: EIF, KBL, SIS, or STN? I'd rather not buy a new Industrial stock unless there are compelling reasons to do so. As always, your advice and recommendations are of great value.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: The US is apparently going to be spending large amounts of $ on infrastructure. Can you recommend particular companies that could
benefit? I currently own WSP which I believe has a large US division. Thanks
benefit? I currently own WSP which I believe has a large US division. Thanks
Q: Are either of these a buy and hold? If you had to choose one, which would it be?
Thank you.
Thank you.
Q: I am putting together a portfolio for my daughter who is somewhat risk averse. The portfolio will include a TFSA, RRSP and open account. A recurring question I know but does the drop in STN make it a more compelling long-term buy now than WSP or does WSP's momentum win out? Since the stock could go in any of the accounts, I am wondering if WSP's dividend in the open account is just enough to win the day? Income is not the prime pre-requisite here but it wouldn't hurt either.
Appreciate your insight.
Paul F.
Appreciate your insight.
Paul F.
Q: I've held BOS for a year (down 20%). It seems like "dead money". Time to move on? Any expectations for improvement? Considering Stantec as a replacement with potential. Your comments please.
Len
Len
Q: I had STN for a while and did well with it but sold it a few months ago. I see it is down close to $30. I know you have preferred WSP but is STN a better buy at its current price?
Thanks as always
Thanks as always
Q: Good morning 5I.
My question concerns when to sell a stock that is at a loss and move the money to a better holding.
I have ridden some stocks right into the ground. Guestlodgix (GXI) for example 100% loss. On the other hand I have sold losing stocks only to see them have a miraculous recovery. Lumenpulse Inc. (LMP) for example which may have been an exceptional case was bought out right after I sold out.
Fortunately I have very few stocks in a loss position, due to your great service, but wonder should I cut my losses and move on or should I hold on for an eventual recovery? Specifically:
Aritzia (ATZ) down 12% (which in fairness you to told me not to rush into)
Currency Exchange International (CXI) down 20%
Highliner (HLF) down 18%
Stantec (STN) down 5%.
What do you think? Stand pat or fold?
My question concerns when to sell a stock that is at a loss and move the money to a better holding.
I have ridden some stocks right into the ground. Guestlodgix (GXI) for example 100% loss. On the other hand I have sold losing stocks only to see them have a miraculous recovery. Lumenpulse Inc. (LMP) for example which may have been an exceptional case was bought out right after I sold out.
Fortunately I have very few stocks in a loss position, due to your great service, but wonder should I cut my losses and move on or should I hold on for an eventual recovery? Specifically:
Aritzia (ATZ) down 12% (which in fairness you to told me not to rush into)
Currency Exchange International (CXI) down 20%
Highliner (HLF) down 18%
Stantec (STN) down 5%.
What do you think? Stand pat or fold?
Q: Good day,
I have some cash to deploy.
I am considering to buy SNC Lavalin (SNC) but I also like Stantec (STN)in the engineering field, which company would you recommand in this field?.
I am also considering taking a half position in ACQ. It seems less risky (although it is far from a blue chip..) following the recent drop, what do you think of the long term prospect of this company?
Finally, I have no gold stocks in my portfolio and feel I should add some, which names would you recommend at this point?
Thanks for the good work!
I have some cash to deploy.
I am considering to buy SNC Lavalin (SNC) but I also like Stantec (STN)in the engineering field, which company would you recommand in this field?.
I am also considering taking a half position in ACQ. It seems less risky (although it is far from a blue chip..) following the recent drop, what do you think of the long term prospect of this company?
Finally, I have no gold stocks in my portfolio and feel I should add some, which names would you recommend at this point?
Thanks for the good work!
Q: Hello. Could I get your views on CPH and STN's earnings releases and your views on the two companies?
Thank you.
Thank you.
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Canadian National Railway Company (CNR)
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Canadian Pacific Kansas City Limited (CP)
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WSP Global Inc. (WSP)
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Stantec Inc. (STN)
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Magna International Inc. (MG)
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Exco Technologies Limited (XTC)
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ZCL Composites Inc. (ZCL)
Q: Can you rank the stocks best to worst in your opinion. These are the stock s that are in my INDUSTRIAL SECTOR. Would you add, swap or remove any of them? Thank you and great job.
Q: I am a 30yr old mostly growth investor. I realize after Stantec's latest earnings you are basically endorsing a hold, but i am curious as i hold WSP(5%)and STN(4%) with a 16% Industrial weighting, would you let the name go. I am fine holding but i'm just not sure i am adding anything by keeping it at this point. Second, if you let it go which option would you choose: Add to PUR making it a full position, add to BAD making it a full position, or add to ZZZ making it a full position. Portfolio is mostly diversified across all sectors.
Q: Could you comment on Stantec earnings? Is it time to dump this for WSP?
Q: May you please comment on Stantec' earnings? What are your long terms views on the stock? Would you take advantage of today's' weakness to establish a full position in the stock ?
Thx
Karim
Thx
Karim
Q: is the drop today significant? this seems like a very solid long term company. am I missing something? many thanks.
Q: You seem lukewarm on STN lately. Synergies from the large MWH acquisition seem to take time to flow to the bottom line...
However, it seems to be that are extracting a lot of value out of the MWH acquisition. STN is not a SW company, so it makes sense that they would divest "Innovyze" as non-core asset. However, I am surprized that they got USD-$270M for it - given the relative sale price versus the entire MWH acquisition price of ~$1B (i.e. 27%).
In their press release, they make no mention of expected revenue from this Innovyze business. I would have thought that if they would be losing ~25% of the revenue gained from the MWH acquisition, they would have had to mention this as 'material change'...
Would $270M US, they can repay the debt quickly and focus on core markets. Do you see the same value in this non-core sale and are you surprized at sales price obtained?
However, it seems to be that are extracting a lot of value out of the MWH acquisition. STN is not a SW company, so it makes sense that they would divest "Innovyze" as non-core asset. However, I am surprized that they got USD-$270M for it - given the relative sale price versus the entire MWH acquisition price of ~$1B (i.e. 27%).
In their press release, they make no mention of expected revenue from this Innovyze business. I would have thought that if they would be losing ~25% of the revenue gained from the MWH acquisition, they would have had to mention this as 'material change'...
Would $270M US, they can repay the debt quickly and focus on core markets. Do you see the same value in this non-core sale and are you surprized at sales price obtained?
Q: I am starting to lose patience with STN. I have owned it for 2 1/2 years and am up a grand total of 2% (plus dividend). It seems to have been in a trading range since Nov 2013. Is it time to move onto something else? They report on May 11th: should I wait for the earnings report and if not satisfied then sell (or just sell now since my patience is wearing out)?
p.s. I own WSP and have done very well with it.
Paul J
p.s. I own WSP and have done very well with it.
Paul J
Q: I consider WSP and STN my core holdings but now due to excellent appreciation they represent 7% and 3% of my portfolio. ARE has been a laggard and represents 1%. With ARE should I go back to SNC which I owned in the past (upside due to the recent acquisition?) or just keep WSP and STN as the only stocks in this area?
Q: I am holding smaller positions in all three in a fairly well balanced RSP but I need to convert to a RIF in a couple of years.
Is it time to let these go into some more conservative dividend growers or would you suggest I maintain a balance in my RIF similar to your income and balanced portfolios??
Thanks as always,
Peter
Is it time to let these go into some more conservative dividend growers or would you suggest I maintain a balance in my RIF similar to your income and balanced portfolios??
Thanks as always,
Peter
Q: Hi, I have held STN for years, remain just above break even. Considering a switch to WSP for better dividend and growth. Your thoughts on this move? Have also held SJ and KBL for years, have done well but both seem weak lately, would you recomend any potential replacements, or just a hold pattern? Thanks, Lavern
Q: Peter and Team,
We hold both WSP and STN. Comparing the charts its obvious that since Jan 2015 WSP has outperformed STN. It also has a better yield. For the Eng portion of infrastructure is it worthy to sell STN and buy more WSP, or barring some unforeseen issue with WSP is it better to diversify by holding both ? Thank you.
We hold both WSP and STN. Comparing the charts its obvious that since Jan 2015 WSP has outperformed STN. It also has a better yield. For the Eng portion of infrastructure is it worthy to sell STN and buy more WSP, or barring some unforeseen issue with WSP is it better to diversify by holding both ? Thank you.