Investment Q&A

Q: Hello,

I am a long suffering holder of Vector Group Ltd. (VGR:US). The company seem to steadfastly pay out a quarterly dividend of $0.40 per share and has done so for many years running. Despite that fact, the company's share price seems to be in an almost continual, slow decline (much like VET).

I would very much appreciate your thoughts on Vector Group's recent earnings announcement. If possible, I would also appreciate your thoughts about the likelihood of Vector Group being able to continue to pay out the $0.40 per share, per quarter, for the foreseeable future.

Thank you!

Q: Hi Peter
I’ve held Disney for 1 year and I think I’m going to let it go . Can you recommend a us company to replace it .

Q: Hello Peter,
Can I have your opinion on this ETF. I like the holdings & sector weightings.
I am considering it instead of ZLB. Yes, it is smaller & hasn't performed as well as ZLB, but it has a slightly lower MER and a higher dividend yield, which I like.
What is the max portfolio weighting you would recommend?
I am also considering bumping up the reit weighting with REIT and would appreciate your opinion on this ETF also.
Thank you,
Martin

Q: Two questions re: Granite reit.
They have a normal course issuer bid in place. Why would they buy back their own shares while going to the market to issue more shares?
These units are referred to as stapled units IE one trust unit and one common share. What is the significance of this arrangement. Thanks.

Q: I'd appreciate your thoughts about this U.S. company. Thanks.

Q: Looking to more reit exposure I am thinking above three mentioned, either all three or combination. Any thoughts, or opinions would be welcomed, also, please rank in order of preference

Q: You said in an earlier answer the following..."market chatter that cyclical stocks may be due for a run, with low interest rates and a resumption of global growth (or fading fears of a recession, at least)". Could you maybe name 3-5 stock you would recommend that would fit the bill as a "cyclical stock". Thanks.

Q: Hello Team,
I am overweight in technology growth names and have been caught in this “sector rotation” from growth to value. My question is do I now hold steady and ride out the storm, or trim back my growth holdings and switch to value? I am a buy and hold investor typically and believe the names I am invested in are best in class in what they do, and believe the way the world is going that technology will continue to advance and should be where the biggest growth is now and into the foreseeable future. So, with the names listed do I buy more , hold, or sell?Thanks for your input on the matter.

Q: Just finished reading Peters article in the latest edition of Canadian Money about High yield dividend payers. Question about payout ratios. Its confusing.
Example; In Morningstar for 2018 the payout ratio was quoted at 134%(unsustainable)
Using operating cash flow the calculation is 230M/388M = 60%(sustainable)
Using free cash flow the calculation is 230M/322M= 71%(probably sustainable)
Peter you have said the calculations should use either free or operating cash flow for the calculations of payout ratio.
I contacted Morningstar asking about their calculation and they said they use what the company sends them.
So which is right when trying to figure out whether the payout ratio is too high?
There are multiple other examples, Enbridge to name one.
Stated payout ratio 282%, operating. cash flow calc, 3844/10502=37%
Free cash flow 3844/3156 = 121%. Quite a variance. I'm confused.
WHICH CALCULATION IS THE BEST ONE TO USE TO HELP DETERMINE SUSTAINABILITY?

Q: Please comment on the results and explain the market reaction to it.

Q: I want to add some pipeline stocks to my portfolio. I have TRP in sufficient quantity. Can you please comment on IPL and PPL. Do you have a material preference of one over the other?

Q: Hi 5i, Your thoughts please on GEI's quarter. I am looking to bring a 3% position to 5%. Would you add to GEI or buy a ENB, IPL or PPL instead as I don't own any of those.

Q: Good Morning 5i Team,
If I could, what would be your top picks for Consumer Disc. & Materials sectors. I am currently light have a longer term time horizon.

Thank you

Q: Is ZWU a relatively safe place to park money while waiting for new opportunities? What makes it go up and what are the risks? Thanks.

Q: Your thoughts on BTE's Q3 and operating results?

Q: Do you have projections for the next quarters results?

Thanks

Q: I am considering adding to my healthcare with Stryker.
Do you like the stock and with the recent price drop is this a good time to buy it? Does this deal make it more risky?

Q: According to Portfolio Analytics (and certainly by any other measure as well!) I am over allocated to Apple. I really think their products remain sound (look at new AirPods Pro) and they seem to keep a considerable amount of cash on hand. I first bought at the time of the Brexit vote in 2016 at just under $93 USD per share and have been handsomely rewarded to date. Am I foolish not to rebalance some of the gains? I am thinking that if they have a big miss such as a larger hardware issue they have a lot of means to fix it and move on. Are they well positioned for 5G? Any thoughts appreciated.

thanks,
Marilou

Q: whats expected from NFI coming quarter and would you wait or buy now. Thx

Q: Back in September, I believe the lockup period was extended for another 90days. What date does it end? What effect might that have on how it trades after that date?