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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: What would be the effects of China, Russia and the European Union having a common currency on the US and Canadian dollars.

Clayton
Read Answer Asked by Clayton on November 01, 2019
Q: When responding to a recent question you said that CVS was a low growth /high risk investment. I own the shares , having purchased them not too long ago around $61 a share, and did not consider the company this way . Yes there is debt. However my thought is that the recent acquisition of Aetna made the company better with modest EPS improvements in 2021 and higher the following year. As the market recognizes that the company is better positioned with Aetna , my expectation is that shares will continue to trend higher over the next 12 to 18 months. Shares currently trade at a very low PE multiple. Can you please provide you rationale for your assessment
Read Answer Asked by John on November 01, 2019
Q: Hello 5i team,
I have a question in terms of buying the dips for Gildan Activewear Inc. I initially bought roughly a half position around the time you issued the buy recommendation for GIL at $49.33. Since the poor recent quarter and guidance downwards for the next year, the stock has dropped to $34.26 as I write this.

It seems this is purely market driven as appose to company fault. If I plan to hold this long term (~5 years), would it be a good idea to add to my current position? I know you are not a fan of averaging down, but isn't buying the dip the same thing?

Andrew
Read Answer Asked by Andrew on November 01, 2019