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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: Hello Peter,
Algonquin Power has a current dividend rate of. 6.72 percent given the current price of 14.55 cdn according to yahoo. Does this rate include the conversion to Canadian currency. I was thinking of buying AQN over Canadian Apartment Reit mostly due to the dividend (6.7 percent vs 3.53). I know it is not an apples to apples but from an upside both seem to be the same, approximately 30 percent. If you do think it is worth diversifying, is there another reit that pays high dividend but is considered stable. Thanks very much
Read Answer Asked by umedali on October 20, 2022
Q: Hi Ryan, really enjoyed your presentation at the CFS this past weekend.

Using your 5 criteria: momentum, revenue growth, roe, shareholder friendly, and value-momentum; what 5 Canadian stocks would you suggest?

If possible, companies that would survive this current market stresses.

Thx

Read Answer Asked by Christopher on October 20, 2022
Q: Hello 5i folks,
We are wondering what comments you have on the news we read in the local newspaper this morning concerning Fortis having avoided 2.2 billion in taxes over the last 5 years. The report was released by 'Canadians for Tax Fairness'.
We own Fortis shares and wonder if it is really the great company we think it is?
Thank you, Len
Read Answer Asked by Len on October 20, 2022
Q: When NNRG reaches my next target price, I plan to do some additional trimming (for asset allocation reasons, as well as to fund some topping up of existing positions in my TFSA.

In which order would you add to the following, based on where we are at in the market cycle and where you see the best current value: XIT, PBH, PLC. Please add a brief reason why the sequence.

Thanks...Steve
Read Answer Asked by Stephen on October 20, 2022
Q: In March of 2020 BMO traded at 56 C$ and BNS at 46 C$ a difference of $10..

Fast Forward to today BMO $122 and BNS $65 a difference of $57. To say

BMO has outperformed would be an understatement.When I look at forward PE BMO still looks better. Time to move on from BNS and buy the bank that executes better.

THX


Read Answer Asked by blake on October 20, 2022
Q: All four securities are held in a US TFSA at ~2% - 2.5% positions each. I would like to deploy available funds to either take two of the positions to 3.5% or add to all four at 0.5% ea. Seeking market recovery growth over the next 2-4 years, which strategy would you deploy? If only two were added to, which ones would they be, if it were you?

Thanks for all you do for us little guys.
Read Answer Asked by Tony on October 20, 2022
Q: Great October Market Report. I notice that in the 2008 and 2020 periods, job opening numbers began to decline only after higher rates had plateaued for a period of time. Today, job opening numbers have started to decline before higher rates have begun to plateau. Does this suggest the FED has gone too far to fast...and is poised, or could be forced, to quickly pivot? I'm just looking for a good reason to step into ZAG, or XBB for some decent yields and opportunities for capital growth. Thanks as always.
Read Answer Asked by Curtis on October 20, 2022
Q: I am planning to sell these names for tax-loss. Should I buy a replacement for each to protect against a turnaround in the next 30 days, or do you think I'm better off holding the cash for that period given the current outlook for equities. If you still recommend replacements can you offer a suggestion for each - or perhaps only for some? Thanks.
Read Answer Asked by Ben on October 20, 2022
Q: BAM announced several months ago that it intended to spin out their asset management business. Have they released detailed info yet on how and when this is going to happen? ie will BAM shareholders get shares in the new company?
Read Answer Asked by Ronald on October 20, 2022
Q: what is your thinking about bonds right now.Can you explain how they work with their yields and resets.Are you recommending any bonds or bond funds right now?
Which ones if so.Do you think that the bonds have sold off too much right now?
Read Answer Asked by Josh on October 19, 2022