Investment Q&A

Q: Hi Peter and Ryan

Understanding that timing the market can be difficult and trying to follow your recommendations for the most part has been very useful information. Thank you
I am looking to “lie low” through what I believe to be a coming correction and wish to invest in ETFs with some protection

I am looking at ZDY ZLU ZLB ZEB as a 20 % of my portfolio over the summer. Your comments please and so you have other etfs that might be of interest... Icahn comes to mind

Peter

Q: Hi 5i,
I want to deploy some funds into Financial Services in a registered account for a 3-5 year hold. I know that 5i is bullish on GSY, and I wonder if you would recommend it over BNS for a hold of that length. Today I can buy about 1.85 BNS shares for every GSY share bought, and would thereafter pocket (at present rates) approximately 2.5 times more dividend return from BNS than from GSY for every dollar spent buying in. With the goal being to relatively safely make money over the 3-5 years, and assuming COVID is under control, no other pandemic strikes during the period and only 'normal' market forces prevail, do you see the likely capital appreciation plus dividend of GSY over the period outperforming the likely capital appreciation and higher yield of BNS during that same time? I know that GSY has had a great run over the past year, but now that the world seems to be settling back down I'm having difficulty understanding why I might consider putting money there instead of into something that's many orders of magnitude larger and also less expensive to buy, both in absolute terms and (I think) on most 'price to' metrics .
Thanks for helping me out.
Peter

Q: how would you rank these ? best too worst

Q: Are you able to offer any insight to the bullish performance over the last 3-days? Trading volume on Friday was 8x average while stock has gone up ~8%.

Their Web Site has May 21st news - "Existing Notes validly tendered in the Exchange Offer may no longer be withdrawn," referencing offer made "to certain eligible noteholders" regarding secured notes.

Not much other news out there, hoping you could shed some light on why the stock has skyrocketed!

Thanks for your great service, Ted.

Q: I have held CJT for a while, in a taxable account. I am down about 13%. In previous Q&A, 5I has leaned towards TFII when discussing these 2. On the other hand, CJT was covered in a 5I article a few weeks back, something like, "Growth on Sale", for stocks that had dropped a lot in the recent rotation but seemed to show potential to recover. And then there is CJT's deal with Amazon which also seems to be a good positive. So, although you have answered before, which of the 2 would you currently invest in. The tax loss offers some solace and benefit for a switch, but then there is a possible recovery??? Thanks for your excellent service.

Q: In the past you have mentioned you felt the dividend is vulnerable, wondering if anything has changed or do you still feel this way? Could you list a few Canadian REITS you would feel more comfortable with yielding above 5%?

Thanks

Q: Which stocks like Cruises,Airlines,Hotels,Accomdation,Travel do yoe Recommend?

Q: Topicus has pulled back to $80 a share in recent days - do you view this as a buying opportunity for those yet to initiate a full position?

Q: If you held CNR shares, would you continue to hold considering the recent weakness?

Q: Hello,

Can you comment on CAE earning? Also, what is your opinion on HIVE?

Thank you very much!

Q: Good morning,

Two general questions:

1. I am fortunate in that I have now maxed out my TFSA contribution. Could you give me an idea of what sort of investments I should have in a TFSA vs. a cash account? 

2. According to portfolio analytics I am underweight in Fixed Equity. Underweight, in that I have none. Could you give some direction as to what to include for the fixed equity portion of a portfolio and provide some suggestions. 

Thank you for your help!

Q: We are down 65% with Enerplus. The stock has been in our portfolio a long time. It has recovered some this year and the dividend is over 5%. Should we move on with the partial recovery or is it worth keeping in our portfolio.

Q: What do you think BAM will go to or is a sell. Also is Air Canada still a buy.

Q: From 1985 to 2020, David Swensen headed a team which  grew the Yale endowment from $1 billion to $31.2 billion.

What is this growth a result of astute investing or of fundraising or of both investing and fundraising?

Q: Good Morning
If you only had sufficient funds to buy one of the above in a TFSA what one do you believe will provide the best return in a year and why? sector allocation here is not a consideration in this case
Thks
Marse

Q: 11:05 AM 5/20/2021

On March 18, 2021 "Using safety and valuation as the primary metrics", you ranked these 4 utilities : We would rank: FTS, NPI, AQN, EMA.

You consistently rank EMA at the bottom of the list yet since 2008 the graphs of FTS and EMA are almost exactly the same, both raise their dividends annually and EMA has a higher dividend [4.5% as opposed to 3.7%].

You must see something I am missing. What is the problem with EMA making it so much less desirable than FTS. Please be specific if you can, as this problem has bothered me for a long time. I own 4%EMA and 5%FTS positions in the two and need to add a bit to one. I plan to own these "forever" strictly for income and enough growth to offset inflation.
Thanh you.......... Paul K.

Q: RH Corp is off it's high by ~$130. Has anything changed with the company?

Q: Currently own CNR and am concerned about the KCS merger. Do you think the share price can recover IF the merger is approved? What if its not approved? Some major share holders think that CNR is taking a large risk and are over-paying/ My understanding is this decision could take up to a year to be decided. Would you SELL CNR and move to CP while this sorts out (no impact tax wise) or continue to HOLD until things get a little clearer to shareholders.
Thanks for your thoughts

Q: I read today that there has been recent insider selling of AQN. In particular the Chief Legal Officer, Jennifer Tindale, selling off a large position. Would this concern you? I hold a small loss right now in a rather large position. At current selloff price would this be a buy/sell/hold in your recommendation?

Q: Hi 5i,
I am up 55% on CPX, enjoyed the income however would it be wise to upgrade the overall quality of the investment in utilities to FTS or AQN? Understanding the income would be less but payout ratios look better in FTS or AQN and once interest rates rise the debt burden of CPX might become a issue.