Investment Q&A

Q: Based on your reply to Paul on May 9th...."We think buying over a year will end up looking pretty good in two or three years". Of the following Companies that make up my portfolio what would be your TOP 3 conviction names to ADD to over the next year based on long term growth potential, good valuation, well run, good management, no brainer this will be a good investment type choice. There is opportunity here so don't want to miss the boat. Yes everything is down. Yes people are panicking. But it will go back up and simply want to focus my energy on the ones with more conviction. I don't need the money for the next 15-20 yrs but don't want to be a moron either and be happy with a bit of dividend here and there when I could see larger returns by making a good decision today. Thanks again.

Q: With the DOW down 10% and NASQ down 24% YTD , where would the TSX be ex energy after its 20%+ rise is removed ? Also can you please supply support levels with a bad/worse case scenario for the DJ ,NASD and the S&P with the FED rising rates another 150 to 300 bps ( six or seven more hikes)?

Q: IBI Group appears to have it troubles behind it. Earning ratios have been comparable to WSP and its debt in now very manageable. It trades at half the valuation multiple of WSP and as valuation multiple are contracting do you think it wise to divest of WSP and invest in IBI Group.

Q: Are these stocks still expensive? In what order would you buy them today?

Thank you for great service.
Milan

Q: I know 5i isn't fond of IPOs. Any thoughts on the valuation of Dream residential real estate?

Q: Can you please comment on earnings for UPST, the 50% down day, and whether you still view it as a Risky but potent buy notwithstanding market backdrop.

Q: What would be a great entry price for Upst and Apps? Thanks

Q: Also Please comments on earnings for Upst and Apps.(I forgot to mention in my previous question)many thanks

Q: On May 9th, there was a question from James about when MEG Energy might start a dividend. In their recent Q1 earnings report, they stated that once a debt level of $600 million was reached, which they expect by the 2nd half of 2023, 100% of free cash flow will be returned to shareholders. I would expect this means some combination of share buybacks and dividends.

In Q1, the company had approx $500 million of free cash flow, which is about $2.0 billion for a year at that rate. There are 307 million shares o/s currently, so that would equate to roughly $6.50 a share. If half went to share buybacks, then that would leave roughly $3.25 for a dividend, which would be about a 17% yield on the current share price. Of course, energy pricing could change significantly (up or down) between now and then.

Q: Please enlighten me. Cannot comphrend the Dutch Auction low average bid of $103 as thought that the tender offer should be higher. Also current price of $97.38 - 5.71. Is this the effect of this terrible markets? Txs for u usual great services & views

Q: Would you please compare Manulife and Sun life. I have some Manulife shares. Would you recommend buying more Manulife shares or buy some Sun Life shares instead and therefore have some of both?

Q: hi folks, opinion on Q results for Green Thumb cannabis...buy/hold/sell...and is their any company you like in MSO space...or is it total avoid...thanks as always, jb, Piedmont QC

Q: Could you comment on the earnings here? Market doesn't like them- but seems extreme.

Q: hi, if not already asked, can I get your thoughts on their recent quarter?
Looks like a lot of their numbers increased dramatically/positively. I have a 1.5% position already, would you add more (up to 3%) based on their numbers and increased guidance.....given the context of the market backdrop?

cheers....

Q: Hello 5i,
Should I keep ZWH.U:CA in an unregisered American or an unregistered Canadian account?
Thank you
Stanley

Q: Stagflation - not sure if that’s on the horizon or not but what is the strategy of it is?
I am a buy and hold investor but feel I should hold off on putting more in for the time being. Or maybe keep averaging in over a year?

Q: Hello Peter,
Thank you for your response to my question. I am sorry if part of the question was not clear.
I was not looking for a choice between SHOP and TOI, or NVDA/QCOM over others. What would perform better between now and the end of seasonal strength end Feb 2023? Tech (SHOP and TOI) ) or Energy and commodities? Growth ( NVDA and CRWD) or Value (QCOM and MSFT)?
In your mind, is there a clear winner that would justify a switch from one to the other and is it too late to sell and make the switch?
Nothing is for sure. Just your opinion.
Regards
Rajiv

Q: These two companies are incredibly innovative and have developed the vaccines that save us all. They are very profitable with Moderna selling at a PE of 5 and BioNtech at a PE of 3.2. Yet they continue to go down. They also have quite a few medicines in their pipelines. I have 65 shares of MRNA in my TFSA. Your thoughts?

Q: hi guys just wanted to know which one of these stocks would you suggest to hold for the next few months I have been holding on to tve and it doesnt seem to move much , thanks a bunch

Q: Don't have any bonds, just plain cash.
Interested in US corporate investment grade bond ETF.
Can you recommend one and would it be a good move at this point?
Thanks
jerry