Q: What is your opinion re: Floating Rate Prefs where the interest rate is set quarterly off of the Prime Rate (eg - BAM.PR.B). With the prime rate of 2.45% near the low of the last 20 years (2.25% in March 2009) BAM.PR.B is yielding about 5.75% which looks very attractive since there can't be much more risk of a move down in interest rates. (This assumes that next dividend is based off of the 2.45% and not 3.95% which was the basis for the last dividend that was paid - and is the basis for the indicative yield in Quotes of 9.5%) Ultimately rates will move up as will the dividend....so buying now pretty much sets the floor with quite a bit of upside. Do you agree? Thanks
You can view 3 more answers this month. Sign up for a free trial for unlimited access.
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: For growth, your thoughts between WSP and CNR. Please briefly outline your reasoning.
Thanks
Thanks
Q: I have $20,000 to deploy in today's market. Should I do this at $500 a month, $1,000 a month or some other amount and time frame. The complete amount is ready to go. I am a 73 year old retired value investor with a good pension who enjoys dividends with a ten year + time frame. I will be investing in what I already have.
Thank you
Stanley
Thank you
Stanley
Q: Can you provide your opinion of this stock. Been absolutely crushed. Are the price points of the mattresses too high in light of current recession?
I hold a 2% position and was considering adding more if you find it enticing.
Thanks
Karim.
I hold a 2% position and was considering adding more if you find it enticing.
Thanks
Karim.
Q: What is your view of where the Canadian dollar is headed from here. Would you recommend using a hedge at this time? Thanks
Q: I just asked about a yield portfolio to replace income from my newspaper pension and would appreciate guidance about buying.
I.E. each month for 4 months or would you shorten or lengthen the buy period.
I.E. each month for 4 months or would you shorten or lengthen the buy period.
Q: When does Byd.un.ca report earnings for the current quarter?
You mentioned earlier they could be horrible, or is that already priced in?
Thanks again for all your help.
You mentioned earlier they could be horrible, or is that already priced in?
Thanks again for all your help.
Q: I know already this will be the most naive of questions to anyone with a business background -- but how in the world can oil trade at a negative value? I can understand the notion that "one has too much" and that one has so much that you're actually willing to PAY someone to take it away ... but ... really? How does this happen? What does this mean in the oil world? How can an industry continue to function? If this has been addressed elsewhere, I'd appreciate if you could just provide a link, saving you the grief of answering it twice. Is there any point in getting/staying in oil for the foreseeable future -- other than those who are comfortable with more advanced trading techniques, of which I am not.
Q: Would that be an impact on non-energy stock price as the oil price went negative ? What are the possible scenarios ? Would that drive down other stock price as well ?
Thanks for your expert opinion.
Thanks for your expert opinion.
Q: In one reply you said inflation could be good for R/E. Isn't the following info copied from a Vancouver Sun article the negative?
"In steps that dwarf those taken during the global financial crisis, the federal housing agency and the Bank of Canada are ready to purchase billions of dollars worth of mortgages and mortgage-backed securities to backstop the market, while lawmakers passed a historic wage bill to stem job losses."
I would really appreciate insight and/or an explanation of what the statement means in lay terms.
"In steps that dwarf those taken during the global financial crisis, the federal housing agency and the Bank of Canada are ready to purchase billions of dollars worth of mortgages and mortgage-backed securities to backstop the market, while lawmakers passed a historic wage bill to stem job losses."
I would really appreciate insight and/or an explanation of what the statement means in lay terms.
Q: DHT seems to be positioned very well to profit from the current oil glut from what I can gather. With a dividend of 17% and what should be a very profitable outlook, do you see this reaching it's former highs?
Q: Your preference has been for SLF over MFC - is that still the case. At $17 do you think MFC has a good entry point?
-
Costco Wholesale Corporation (COST)
-
Walmart Inc. (WMT)
-
Loblaw Companies Limited (L)
-
Metro Inc. (MRU)
-
Alimentation Couche-Tard Inc. (ATD)
-
Premium Brands Holdings Corporation (PBH)
-
Cal-Maine Foods Inc. (CALM)
-
Sanderson Farms Inc. (SAFM)
Q: I am short on Consumer Stocks in my overall portfolio - can you give me some names to look at, both in the US and Canada - I'm interested in those that pay a dividend and are growing.
Appreciate you comments.
Thanks
Appreciate you comments.
Thanks
Q: My wife retired recently. Her RRSP is around 100K. I've had it in an S&P 500 index fund for the most part. I want to change over to Canadian dividend paying stocks so she has a monthly income.
What would be your picks for the 5 most stable Canadian dividend stocks? Also, to add diversification I would put some of it into a Canadian dividend etf. Which one would you recommend? Thanks.
What would be your picks for the 5 most stable Canadian dividend stocks? Also, to add diversification I would put some of it into a Canadian dividend etf. Which one would you recommend? Thanks.
-
CAE Inc. (CAE)
-
Descartes Systems Group Inc. (The) (DSG)
-
Kinaxis Inc. (KXS)
-
Shopify Inc. Class A Subordinate Voting Shares (SHOP)
-
Atlassian Corporation (TEAM)
-
Roku Inc. (ROKU)
-
Rapid7 Inc. (RPD)
-
DocuSign Inc. (DOCU)
-
Alteryx Inc. Class A (AYX)
-
Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD)
-
Boyd Group Services Inc. (BYD)
Q: I recently sold Shopify at a huge gain, as it had become more than 30% of my portfolio. Thank you for the recommendation. It was in my non-registered account, so I have a substantial capital gain. I have a lot of room in my TFSA, so I am going to move a majority of the proceeds there to avoid future capital gains. I will buy back into Shopify if the price retreats. Can you recommend any stocks, understanding that there is higher risk, that have a similar potential to Shopify? Can be Canadian or US. I have some Lightspeed already. Also, for future reference, did I make a reasonable move or should I have taken a different approach? Thanks
Q: Hi folks
I'm interested in learning how to buy puts. Can you stear me in the right direction. ..websites or courses or books? Have you heard of Theta Trading group? They offer a course for $1300.00.
Much thanks
I'm interested in learning how to buy puts. Can you stear me in the right direction. ..websites or courses or books? Have you heard of Theta Trading group? They offer a course for $1300.00.
Much thanks
Q: Hi 5i team:
I have about just one per cent each IBB and IXJ, and they have been holding up well . Since I have a little bit cash I wonder to add to each one . Your thoughts please.
thank you.
L
I have about just one per cent each IBB and IXJ, and they have been holding up well . Since I have a little bit cash I wonder to add to each one . Your thoughts please.
thank you.
L
Q: I’m looking to take a position in this company but have concerns about it trading on the OTC due to it being home-based in the UK, I’m guessing. It has growing 5-yr revenue and earnings and strong ROC and It’s not small at $9B market cap. How does it compare with its main competitor, United Rentals?
Thank you
Thank you
Q: How would you rank these 3, considering growth potential and risk?
thanks,
Mark
thanks,
Mark
Q: I have read your comments on CGX and would you rate this stock as a hold or sell if owned?
Thanks
Thanks