Investment Q&A

Q: Hello 5i team,
I need to crystallize some losses to neutralize some 2020 capital gains: which would you sell first (in what order)? ACQ, CXI, MX, NFI, XTC? I am reluctant to sell : ACQ right now because of its excellent momentum. ACQ seemed to be turning things around before COVID, and they seem to be doing the right things again right now. Also reluctant to sell MX and NFI because they are slowly grinding higher and having good cyclical upside potential. If I sell CXI, I would feel like selling at the bottom, I would prefer to wait to see its performance when international travel reopens a little bit more (hopefully) in 2021. That leaves XTC, but I need a little more selling than only XTC. May be only a partial sale, but each only account for 1% to 1,5% of my total portfolio.
Thank you for your collaboration, Eric

Q: Hi Peter and Staff

I realize it will be dead money for awhile - if I top up a losing position in CAE and don’t need to draw on the funds for 5-10 years , are you confident it will be a good move long term?

Thanks for all you do
Dennis

Q: Hi the great team, recently a drop of technology companies stock prices may be attributed to profit taking or else. Do you suggest doing same action ? If yes, when and how?

Q: hello 5i
I own GreenPower but not Tesla. But am I right to say that since GP started trading in the US, it seems to trade in lock step with Tesla ? IMO, still quite different companies, with GP focused in US and increasing government and state subsidies. Still, if it is going to trade like Tesla, then I would be more tempted to reduce my position. Your opinion please...
thanks

Q: Good day guys ,
This might be a silly question , that being said I own shares in Canadian dollars , would u advise to transfer the shares to the south of the border side ?
Also when will 5 i be represented on market call again .. it’s been awhile .
Thx
Mark

Q: Hi,
Much like all tech stocks, shopify has also come under selling pressure recently. Is it still a buy at the current level?

Thanks

Q: Have a loss in REAL. What are your thoughts on selling it and replacing it with WELL. Do you see equal growth potential for both companies?
Thanks. Peter

Q: Notice recent move on PTQ, ,largely, I assume on takeover/merger with company in southeastern U.S. Does management have experience and background in growth by acquisition strategies? and do insiders own much of this small cap ? Thanks, Bill

Q: Have held NWC for a few years as one my major consumer staple holdings. Am now wanting to deploy more resources to this sector and want an opinion on this (WN.PR.A) perpetual preferred issue - similar type of sector and I would think limited volatility (March notwithstanding). With very low interest rates, is there a major concern of redemption? Thanks for your help and support, Bill

Q: Hello,
I have been holding Laurentien Bank for a few years thinking it was 'cheap' as it was trading below book value. It's done terribly should I hold/sell any recommendations on an alternative holding for the long term.

Q: Hello Team,
What is your opinion on EMP.A, following todays earnings release and their future expansion plans.What does the Safeway integration disclose about the Managements ability to deliver; do you detect any shortcomings?
Andrew

Q: Please suggest a few ETF or actively managed funds for growth over 15 years.

Also, if the horizon is 15 years, will emerging markets like India/ China do better than mature markets.

Q: Hi, Please comment on expectations for this week earnings of Adobe and Herman.
Thank you

Q: HI
I purchased LNF a few months ago when it was a recommended strong buy by 5i. It has grown 10.98% YTD and 44% since my time of purchase. Last Friday, it reached a 52 week high and the company announced that it would buy back 4.99% of its shares starting Sept 15th. My understanding is that one of the reasons a company might buy back shares is to increase its price. To me, it seems to have already grown quite a bit.
1. Should I sell part of my shares given its growth?
2. Should the buy back have any weight on my decision to sell?
3. How does 5i decide on its recommendation (eg. hold etc)?
thanks again for all your help

Q: In a recent missive, David Rosenberg suggests that smallish pharma and biotech companies are the place to look for future growth. As I don't have enough cash on hand to buy a bunch of stocks, can you please suggest a fund or two that would be a good way to play the pharma/biotech sector. Though your focus is mainly Canada, I suspect that the US would be the place to play this sector. Do you agree?

Thanks in advance!

Q: This morning David Rosenberg recommended small-cap health care stocks. I would appreciate your recommendation on several Canadian listed health care stocks, particularly those on the forefront of technology.

Q: I have a fairly large position on VET averaging at $5.27/share, comprising of 13% of overall portfolio, which I can hold on for 1 - 2 years. With the price now at $3.94.. I am considering if I should hold on or buy more to lower my average cost. If I recall correctly, you mentioned earlier about VET having a going concern issue.. and also having a good bounce in recovery; if it survives till then. I'd rather hold than book a loss; I'll sell only if its a major going concern issue.

Can you please advise if I should hold, buy or sell. I will make my own decision on what works best for you me; but your candid advise would be very helpful. Much thanks for your excellent service!

Q: Could I get your comments on their latest Q1 results?
Thanks

Q: Peter; Could comment on their earnings- appears to have beaten estimated handily. Rod

Q: hello 5i:
I hold AVGO, and have done very well with it, but the valuation is beginning to look stretched. I'd like to stay in the same sector, but most tech valuations look high. INTC and LRCX look "reasonable". While not completely similar (subsectors differ), can you give me your opinion of these two companies? I've reviewed other questions eg you like NVDA, but with a PE of 90, as compared to INTC's 9, I can't see this as a contest (yes, I realize there is more to valuation than just looking at PEs). We also own CSU, OTEX, and PANW in this technology, with a small position in PHO. Normally, we're very long time holders eg. bought CSU at $115 (no, not a misprint). Look forward to your comments, as I really dislike stock gains to evaporate, unless they're being held for income.
thanks
Paul L