Investment Q&A

Q: DOL is down around say 16% YTD, COST, WMT are up 16% and more, why do you feel this is happening with the tight $ for a lot of customers in todays economy as most families are living paycheck to paycheck.
Thanks Again

Q: I’m looking at starting a position in Celestica. Aggressive growth in my TFSA is the goal. One concern I have come across is the potential fraud case about Google switching suppliers. I realize these potential cases are a dime a dozen but after my recent GSY experience I am extra vigilant about potential malfeasance on the part of management, either real or imagined, as either scenario is bad for the company. Could you please offer any insight into this situation. I’m fine with short-term noise but if there’s potential for lingering issues I’d rather put the money elsewhere. Thanks for your insight.

Q: Your opinion please on Intuitive Surgical’s latest quarter. Growth seems to be steady. What will it take to get the stock moving in the right direction again?
Thank you

Q: I am surprised about the recent weakness in CPX shares. ( Down almost another 3% today.)
Are you aware of anything that could account for this recent weakness?

And would you recommend holding or selling the shares? With your rationale please.

Thx

John

Q: I have been a happy, satisfied member of 5i for 10 years and in all that time I have shied away from placing much importance P/E ratios, mostly because I sensed 5i finds P/E ratios can sometimes be misleading. Curiosity has gotten the better of me today. Without having done a deep dive, what should I glean from the information profile if you do or do not have a P/E ratio in the profile box? Is the lack of a P/E number a fed flag? Why does FLY have negative -12 or -16 over last 5 years?

Q: Would HXS etf be an appropriate choice for an RESP with a 10 year+ holding period, due to its low MER (0.11%); all equity; and no withholding taxes?
Do you have an alternative suggestion?

Q: Good earnings and guidance. Do you think this might be a possible turnaround story

Q: I am a large shareholder in this company having held it for more than 20 years. With today's takeover by AEM it is my largest holding by far but with the CVR (contingent value right) holders of the shares would likely receive another 25% in cash for the shares over a 10 year period. Can you go over the deal and advise what would be the best course of action please? John

Q: I’m 74 and want to add both U.S. and CAN government securities to my portfolio, can you suggest the best alternatives to invest in and stay ahead of inflation?

Q: Would you consider silver a good medium to long term investment?
If so, would you buy mines, or etfs, or actual metal? Could you offer specific suggestions? Many thanks.

Q: DOL has been doing better than ATD. How do you feel about switching? Thanks.

Q: Please give me your opinion on the U.S. ETF .. First Trust Rising Dividend Achievers ETF (RDVY) and please enter it into your database. This is a U.S. Large‑Cap Value ETF (Dividend Growth); would it be a suitable complement to SCHD Schwab US Dividend Equity ETF. ? Thanks as always for your great analysis !

Q: Dear Team:

Nice articles in your 5 From 5i. Thanks.

This question is based on one of the articles about Retirement portfolio. By Christine Benz.

She talks about 8 (EIGHT!!) years worth of funds invested in BONDS in Bucket #2 for withdrawals! The example in this case study is 80000 per year minus the person's Social Security income. (US based of course.)

Question: Is this allocation to Bonds excessive or reasonable, especially in the coming years of inflation (rate increase) or worse Stagflation(rate decrease/probable/possible?)

I know every person's situation is different. But in terms of principles of asset allocation for a pre-retiree/retiree in Canada, is this a reasonable template?

Q: What can you tell me about this microcap just been trading now less than a month.
I guess it’s all about success with the drill bit,has there been any kind of early geo reports back,what can you tell me about management,their burn rate or are they basically a lottery ticket…Thanks

Q: Could you please order these in terms of best anticipated growth and what you would buy first.... Thank you!

Q: This came as one of my email updates from Seeking Alpha .... The author makes a case for MSFT as a sell ...... What does 5i think of his thesis ?

https://seekingalpha.com/article/4891641-microsoft-don-t-buy-the-dip-a-30-percent-correction-is-still-ahead?

Q: Do ETF Splits have the same effect as Stoc Splits after they split?, Go up because the price is lower and so more people buy? On Monday VGT is splitting 8 for 1, so from $805 to $100 and VUG is splitting 6 for 1, so from $493 to $82?

Thanks for your insightful service!

Q: I was thinking of selling Tourmaline Oil (TOU) and PrairieSky Royalty (PSK) and buying back into Canadian Natural Resources (CNQ), which is down about 15% from when I sold it. I am interested in the best overall return, not just the dividend. I would appreciate your thoughts on this move. Also, which is the better hold today, Hydro One (H) or Fortis (FTS). Finally, how big of position would you be comfortable letting BAM be in a portfolio? Thank you.

Q: Hi Peter & 5i Team,

I know that you like stocks with momentum. In the Industrials sector, our major holdings are WSP, which has been held for a long time, and STN, held for less time, and I'm somewhat disappointed in its performance. Please comment on these three possible scenarios:

(1) Wait until May 13 when BDT and STN post their earnings. BDT is presently displaying excellent momentum. If prudent, sell some or all of STN to deploy into BDT.

(2) Realizing that WSP is currently under pressure and trading at a reasonable price, sell some or all of STN to deploy into WSP.

(3) Perhaps 5i may have a better idea.

Thanks as always for your valuable insight.

Q: Our current Utilities holdings are BEP.UN, BIP.UN, CPX and FTS. We are overweight on each (compared to our other holdings). I'm comfortable with these companies and had been comfortable with the weightings, however we recently added BAM to our Financials for diversification (by trimming our CDN Bank exposure).

I'm currently thinking of adding another Utility, in part to reduce our overall Brookfield Exposure and to bring each of our utility holdings closer to "equal weight".

I'm not looking to add a covered call position or utility etf. (We already have full positions in PPL & ENB). We are retired and can be characterized as income investors.

Based on current market conditions, and our other utility holdings, which 2-3 companies (other than BIP, BEP, CPX and FTS) would you recommend for income and modest growth and why? Is there any one Utility company that you feel is currently the most attractive?