Investment Q&A

• Goldman Sachs Group Inc. (The) (GS $708.26)
  • $708.26 Fwd P/E: 16.38X Cap: $216.58B
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• Morgan Stanley (MS $140.83)
  • $140.83 Fwd P/E: 16.52X Cap: $226.04B
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Q: Hi!

Regarding these 2 companies which one has more growth prospects, better value for 2025? Are they overlapping businesses or complimentary to each other? I have a nice gain in MS thinking about trimming and buying some GS.

Ok thanks!

Upvote 2

Read Answer Asked by Robert on January 13, 2025

• iShares S&P/TSX 60 Index ETF (XIU $41.16)
  • $41.16 Fwd P/E: 13.4X Cap: $15.41B
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Q: I am trying to understand how an ETF like XIU works. Does a shareholder actually own any stocks when they own this etf, or do they just own shares in a fund that tracks the TSX 60, but doesn't actually own the individual companies?

Upvote 3

Read Answer Asked by Maria on January 13, 2025

• Brookfield Renewable Partners L.P. (BEP.UN $37.32)
  • $37.32 Cap: $24.28B
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Q: I note that dividends from this firm may be subject to withholding tax.
Can you name any Canadian companies who pay dividends/distributions in US dollars, and who might NOT be subject to holding tax?
I would prefer it if you knew firms who pay in excess of 5% dividends.
Thanks!
Paul

Upvote 4

Read Answer Asked by Paul on January 13, 2025

• Hammond Power Solutions Inc. Class A Subordinate Voting Shares (HPS.A $126.20)
  • $126.20 Fwd P/E: 16.88X Cap: $1.51B
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Q: You have remained quite positive on Hammond.
Can you advise where their products are produced (I suspect most products for NA are produced in Mexico, therefore subject to any Trump tarries on Mexico, but I may be wrong).
Also do they have the capability of doing some manufacturing in the US

Upvote 7

Read Answer Asked by Robert on January 13, 2025

• Superior Plus Corp. (SPB $7.38)
  • $7.38 Fwd P/E: 80.31X Cap: $1.73B
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• South Bow Corporation (SOBO $36.88)
  • $36.88 Fwd P/E: 48.46X Cap: $7.66B
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Q: I would like to sell SPB. I have a small position in SOBO so wondered if this is a good replacement for SPB ? This is for a RRSP account .
Thanks

Upvote 4

Read Answer Asked on January 13, 2025

• BMO S&P 500 Index ETF (ZSP $94.54)
  • $94.54 Fwd P/E: 57.09X Cap: $16.61B
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• Vanguard S&P 500 ETF (VOO $576.92)
  • $576.92 Fwd P/E: 57.15X Cap: $661.13B
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• Vanguard Mega Cap Growth ETF (MGK $374.60)
  • $374.60 Fwd P/E: 87.03X Cap: $26.05B
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• Evolve FANGMA Index ETF (TECH $19.13)
  • $19.13 Fwd P/E: 91.36X Cap: $114M
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Q: Can you please recommend an equivalent ETF to VOO or MGK that is denominated in Cdn dollars. Thank you.

Upvote 2

Read Answer Asked by Greg on January 13, 2025

• Alphabet Inc. (GOOGL $185.06)
  • $185.06 Fwd P/E: 20.49X Cap: $2.22T
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Q: hi
do you have any thoughts on the effects of a Google "break-up" of assets, which could include a forced sell of "chrome"?
any thoughts on the likelihood of this with the new president?
cheers, Chris

Upvote 7

Read Answer Asked by chris on January 13, 2025

• Wajax Corporation (WJX $23.32)
  • $23.32 Fwd P/E: 12.24X Cap: $503M
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Q: How low would this need to go to become attractive. Is the market already suggesting a dividend cut may be on the way?

Upvote 1

Read Answer Asked by Jim on January 13, 2025

• BeWhere Holdings Inc. (BEW $0.81)
  • $0.81 Cap: $68M
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Q: After market closed on Jan 8,BEW announced a US$600k acquistion payable by US$250K cash & issuance of of 690141 shs @ 0.71 = US$350k. Positive response as up .04 to 0.73 today.Please comment and going forward.Add,Hold or Sell. Txs for u usual great services & view. All the Best for the New Year

Upvote 1

Read Answer Asked by Peter on January 13, 2025

• Sylogist Ltd. (SYZ $9.69)
  • $9.69 Cap: $220M
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Q: Hello 5i
Since last earnings and most recent Q&A in 5i (Nov 7) this share price has been falling.

Is the price action related to the previous earnings miss or earnings growth expectations changing due to business or Tariff concerns?

With a 5 year view on this name, does one just continue to hold through the downside volatility with anticipation for better future earnings and share price?

Thank

Upvote 3

Read Answer Asked by David on January 13, 2025

• Westgold Resources Limited Ordinary shares (WGX $2.45)
  • $2.45 Fwd P/E: 35.65X Cap: $2.30B
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Q: The company news release sounds like optimistic talk covering up lower production. This being a new merger I cannot tell if this is rhetoric - spinning bad news, or progress being made, higher production and profitability around the corner? Your take on this please.

Upvote 3

Read Answer Asked by Harry on January 13, 2025

• Costco Wholesale Corporation (COST $950.95)
  • $950.95 Fwd P/E: 55.72X Cap: $423.03B
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• Meta Platforms Inc. (META $704.28)
  • $704.28 Fwd P/E: 27.42X Cap: $1.76T
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• Amphenol Corporation (APH $103.34)
  • $103.34 Fwd P/E: 49.5X Cap: $123.33B
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• Element Solutions Inc. (ESI $24.72)
  • $24.72 Fwd P/E: 21.01X Cap: $5.98B
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• Roblox Corporation Class A (RBLX $124.50)
  • $124.50 Cap: $82.86B
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Q: I have a small position in Element Solutions and am thinking of adding to it but can't find any previous questions. I'm also thinking of adding to Amphenol and starting a new position Roblox, Meta and Costco.. This would be in the growth portion of my portfolio. Or I could add to Vertiv and Axon. I have about 70k USD to deploy.

Thanks

Upvote 5

Read Answer Asked by Andrea on January 13, 2025

• Thomson Reuters Corp (TRI $209.29)
  • $209.29 Fwd P/E: 43.94X Cap: $94.27B
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• Brookfield Corporation Class A Limited Voting Shares (BN $92.31)
  • $92.31 Fwd P/E: 244.24X Cap: $154.32B
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Q: Peter, is there a list of TSX listed companies that get a majority of their earnings from US operations ? With US protectionism and aggression likely to increase is it a sound strategy to focus on these companies with the $Cdn portion of a equity retirement portfolio ? Thank you.

Upvote 4

Read Answer Asked by Paul on January 13, 2025

• North West Company Inc. (The) (NWC $47.65)
  • $47.65 Fwd P/E: 16.9X Cap: $2.27B
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• Premium Brands Holdings Corporation (PBH $90.51)
  • $90.51 Fwd P/E: 33.42X Cap: $4.06B
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• Savaria Corporation (SIS $20.04)
  • $20.04 Fwd P/E: 28.84X Cap: $1.42B
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• Exchange Income Corporation (EIF $65.57)
  • $65.57 Fwd P/E: 26.63X Cap: $3.36B
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Q: A good portion of my smaller cap portfolio weighting is in these 4 stocks. They seem reasonably diverse sector wise but the first three have been trending down for 3 months or more, and EIF seems to be now following suit. From a lot of recent commentary I was thinking small and mid-cap names might have a bit of a tail wind, at least on a valuation basis. I know I shouldn’t focus on 3-6 months but still a bit “vexing” watching them slide. I’ve read the recent q&a on all of them, don’t see any alarming comments really, any new concerns I’m missing?

Upvote 5

Read Answer Asked by Stephen R. on January 13, 2025

• Global X S&P 500 Index Corporate Class ETF (HXS $88.96)
  • $88.96 Cap: $4.28B
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Q: What are some ETFs that do not pay dividends but value is instead increased through its share price? I have HSAV, looking for others. Thanks

Upvote 4

Read Answer Asked by Eric on January 13, 2025

• Lyft Inc. (LYFT $14.76)
  • $14.76 Cap: $6.20B
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• Uber Technologies Inc. (UBER $90.59)
  • $90.59 Fwd P/E: 15.85X Cap: $189.25B
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Q: Is UBER effected with new $ 9.00 Entrance Tax to N Y City What about Taxis RAK

Upvote 1

Read Answer Asked by bob on January 13, 2025

• Berkshire Hathaway Inc. (BRK.A $710,978.50)
  • $710,978.50 Fwd P/E: 12.61X Cap: $1.02T
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Q: What do you think of buying BRK on the NEO at this time?

Upvote 3

Read Answer Asked by James on January 10, 2025

• Global X S&P 500 Index Corporate Class ETF (HXS $88.96)
  • $88.96 Cap: $4.28B
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• Global X Nasdaq-100 Index Corporate Class ETF (HXQ $90.78)
  • $90.78 Fwd P/E: 27.96X Cap: $1.12B
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• Evolve FANGMA Index ETF (TECH $19.13)
  • $19.13 Fwd P/E: 91.36X Cap: $114M
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• Brookfield Corporation Class A Limited Voting Shares (BN $92.31)
  • $92.31 Fwd P/E: 244.24X Cap: $154.32B
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• Lumine Group Inc. (LMN $53.89)
  • $53.89 Cap: $13.39B
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Q: I have some fund from RRIF that I would like put into a TFSA and was just reading the latest issue of your ETF & Mutual Fund Update report. I am thinking of the above three ETFs and one stock. What are your thoughts. As a perspective, I would include some i2i fund if it was allowed in a TFSA.

Upvote 4

Read Answer Asked by Danny-boy on January 10, 2025

• iShares Silver Trust (SLV $34.61)
  • $34.61 Cap: $18.09B
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Q: Greetings
In reference to my recent question on silver you neglected to give me your present favorite silver miners. I know that in the past you have liked Paas, but I wondered if maybe that has changed.
Thanks,
Ben.

Upvote 1

Read Answer Asked by BEN on January 10, 2025

• Aritzia Inc. Subordinate Voting Shares (ATZ $75.31)
  • $75.31 Fwd P/E: 37.18X Cap: $8.48B
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Q: Could you please comment on the quarter - markets have reacted very positively. Given that strong jobs data should bolster consumer spending could you comment future prospects for Aritzia. I have a half position and am considering adding for my TFSA. It’s my only consumer position and am looking for growth with a multi-year horizon.
Thanks!

Upvote 3

Read Answer Asked by Warren on January 10, 2025