Investment Q&A

Q: Hi 5i,

When I try to estimate a stocks 12 month target price I assume a multiple and growth. My eventual target price usually ends up lower than what most analysts calculate. Do most analysts use current multiples even thought there may be short term multiple expansion? The overall market especially in the US seems to have experienced significant multiple expansion in the last couple of years. I would appreciate your thoughts on how analysts arrive at their target prices and forecasts. (they seem to be an optimistic bunch)

thanks

Q: Hello Peter & Team,

Read your Aug 4 BTE answer. Everything sounded fairly positive - reasonable cash flow generated with good expectations moving forward, debt was reduced, and you had a generally positive outlook although you did comment "we would prefer it (debt) lower."

Being just ahead of 3rd quarter reporting along with general sentiment oil could once again reach upwards to $100, I was thinking now would be a good time to add a position. I have 2010 - 2013 in mind when I did extremely well last time oil was $100+.

Do you think this is a good idea or a bad idea and why? And do you think we will see $100?

Thanks for all you do

gm

Q: Can I have your thoughts on BIGG getting this ok from IIROC? Thx James

Q: What's your current view on AQN? Do you have a more preferred holding in the renewable space?

Q: What are the Rev & EPS street estimates of ATZ for upcoming Q2. U opinion please. Why is Doo down so much today after up $3.01 yesterday.
Txs for u usual great services & opinions

Q: Peter and His Wonder Team
QST just got a new contract which is good news and the stock has jumped. I know you have rated it as a hold currently. Please give your update ...do you think they are bottoming out and there sector is more promising. Or would you still consider QST to be a high risk... possible value trap?

Q: Which of the following (if any) would you recommend for a longer holding in a non registered Canadian account

AQN, NPI, INE, BLX, RNW.

If possible could you rank any that you would recommend.

Thanks for your great service

Q: In the questions and answers asked on the oil and gas industry, you usually mention, suncor, canadian natural resources, tourmaline, whitecap, parex, enbridge, and vermillion as high risk.

What are your thoughts on Crescent Point. They have reinstituted their dividend. Are they well capitalized. They have had a good run but can it continue or do you really prefer investing in the above names you regularly mention. I own crescent point and cpg and am thinking I should move into Suncor though everytime I move into Suncor I make the wrong move! lol

Q: Is EDSA a good trading stock? Just an addendum to my previous question please: Is EDSA considered a long term good investment please?

Q: What do you think of ENB going forwards?

How will it be effected by rising rates?

Thanks
Mark

Q: Hello Peter & team,

Have an 18 year old who has a little money set aside ($5,000) in a TFSA earning next to nothing. Can you please recommend 4 or 5 good growth names for long term hold. And would you think TOU is a good choice to include?

Thanks for all you do.

gm

Q: Could you give us a update mdf commerce. Seems to be going no where but down. Thank you.

Q: DOES THIS INQUIRY LOOK SERIOUS? THE STOCK DOWN OVER 2% AND LOTS OF VOLUME. thx, james

Q: Hi,
What’s your opinion on Marqeta? It’s had big pull back this week. I’m thinking of starting a small position?
Thanks,
Kerri

Q: I have been holding this stock since Feb 2020 and am in a loss position. Would this stock be a worthwhile hold?

Q: I'm in the process of divesting about half of my investment holdings (basically everything in my and my wife's TFSA) and using the cash towards a downpayment on a home. Everything in the RRSPs will remain. This leaves me with basically 1/2 of the investments I used to have (i.e. 10 positions instead of 20).

If not for the downpayment, I would have kept the money invested in the stocks I've purchased in the TFSA and am fairly diversified. But now that i'm selling everything in the TSFA, I'm really not diversified anymore.

What's the better play? Sell some of my existing positions in the RRSP and buy back into the positions I sold from the TSFA so I'm back to being fully diversified? Or slowly buy back the positions I sold in the TFSA and slowly get diversified again? I figure it will take at least 5 years to get my investable cash in the TSFA back to where they are now.

Q: What is your current view of Canadian Tire (CTC.A). Its come down the last few days and I'm wondering if its time to start a position.

Q: Which stock would you prefer at current price and reason please?

Thank you,

Q: Hello,
I am considering selling LSPD and buying more ARX and/or CVE given the current environment. Would this plan be a good way to make money in a down market?

Q: I own BCE as a core holding. As a second stock in the communications sector, would you prefer Telus or Verizon in a dividend focused portfolio?