Investment Q&A

Q: I would like to invest more heavily in power producers that have a higher concentration of hydroelectric power generating stations. What stocks would you recommend in Canada and the US?
Thanks!!

Q: What are your top 5 Canadian choices in each of Utility and Consumer Cyclical sector going into 2022, I am looking for a combination of growth and income, plan to hold long-term in registered accounts. Thanks!

Q: Hello
Could you please rank your top 10 companies from the list above. Ones that you would be happy to own at a full position. Thank you!

Q: What 4 dividend stocks or ETFs would you suggest for a long term hold to see the power of compounding

Q: Between these two which might offer the best opportunity for growth over the next 5 years or so

gm

Q: If you were to rate the above renewable energy stocks (including the ones you're aware of but not listed above) for yield+growth potential what would be your order of ranking? Thanks.

Q: Hi,

Your comments on this company's results.

Thanks

Q: I want to put money into TFSA's in the New Year. Thinking of transferring shares of BEP.UN from open account to TFSA's since they do not receive the dividend tax credit - but wondering if this is a good idea or bad for taxes?
It will trigger capital gains - but any stocks transferred from open to TFSA will do the same.

Q: I've held AQN far too long (2-3 years, down a few %) and let BEP go much to early (pre-split). Shall I sell my AQN and replace with BEP? Currently AQN is my only stock in that space and though frustrated, I feel over time it will perform. But the same can be said for BEP.

If you had one choice, what would it be.

Cam

Q: After looking at page 27 of the Q2 2021 Supplemental, would you use the Basic income (loss) per LP unit , in comparison to Normalized Funds From Operation per Unit, to determine the value it trades at, similar to how REITS are valued.?
I noticed a Loss of .13cents per unit, and normalized FFO of 0.53 cents per unit.
Thanks

Q: Dear 5i,
I hope you're well today.
I'm trying to pick the "better" company in which to invest new money.
May I have your opinion, please?
I like all three, but between BEP, CPX, and AQN what would be your preference?
Thank you.

Q: Hello Peter,
Are there any issues with having BEP,UN in a TFSA? Is it similar to investing in any other dividend paying stocks in a TFSA ( in terms of receiving dividends ): there are no extra forms to fill out as it is a limited partnership.. Also, if the company is not profitable, what is the thesis of investing in it: great cash flow, part of BAM, and the right sector such as renewable energy. From a fundamental basis, is it better than investing in AQN or NPI?

Q: Hi Peter and Staff
In your answer to Arthur yesterday you mentioned that BEP was currently not profitable
-is this a new development and if so what caused it and when is turnaround likely ?
-I know you often clarify that cash flow is more important than accounting profits - do this apply in this case and if so how ?

Thanks and have a great day

Dennis

Q: Dear 5i team.

I am considering a switch from CPX to NPI and wanted to know your views on these two matched head to head. Is there a better alternative to switch to in the same space?


Many thanks.

Q: Portfolio Analytics calls for 6% in the Utilities sector, at present made up of 33% Aqn, 33%, Bep.un, 20%Npi, 14% Rnw. Is this diversified enough, a good selection or do you have other suggestions ?
Thank you for your great investing service. Ian

Q: BEP.UN (TSX) pays source dividends in US dollars I believe. If this stock is in a Canadian TFSA, is it subject to US with holding tax.
Thank you

Q: The BEP.UN/BEPC combo has been on life support entering 2021. It seems the entire renewable energy sector is in the same boat. Can you recommend other similar type of companies or sector I can consider a transfer? Perhaps the electric generators or electric utilities with similar yields and growth prospects? Thanks.

Q: If I were to sell all or half of my shares in Algonquin Power could you name two or three good replacements. Same field but more growth oriented. Decent fundamentals are important. Thanks.

Q: What do you see as the macro picture for utilities over the next couple of years? If inflation increases, does it affect the renewable power producers such as BEP and AQN 's input costs? Or is this more the case for coal/natgas power providers? Plus if interest rates rise to offset the inflation that is another headwind for utilities? Thoughts?

Q: Hi 5i,

Portfolio analytics is recommending that I reduce my utility holdings 12%. I have held AQN (3.4% weight), FTS (4.3%), BEP (5.2%) and BIP (5%) for four years and do like the dividends and renewable energy aspect. Today's TD analyst comments also gave me pause about being overweight utilities: "As WTI oil and energy prices have recovered over the past year on rising interest rates, alternative energy and utilities in general have underperformed. We believe that a potential rise in interest rates on improving COVID-19 trends and impending
tapering, along with the renewed relative strength in the energy sector, will
further pressure the utilities sector." My questions for you:. 1. where and how would you trim from the above holdings? and 2. your thoughts on the analysis outlined above. Thanks for your guidance.