Investment Q&A

Q: Covalon has been beaten down considerably in last few months and I see from a few of the questions that 5i has been beaten up a bit over past recommendations on it. I think many investors are similar to myself in that when a trade works out well it is because I am very smart and when it doesn't work out well it is because someone else is not :-). However looking at Covalon it still seems like there is a good path forward for them but will take longer than originally anticipated. At today's depressed pricing would you consider them a good option from a longer term perspective?

Q: FYI. LSPD upgraded by Keybanc Capital Market to overweight & a $45 target price today

Q: How would you rank these based on valuation, growth and management. Market seemed to yawn at CPX results, it isn’t as high profile as FTS but seems to have gotten more shareholder friendly, sixth consecutive annual dividend increase, wondering if this one and NPI are flying under the radar, Thank-you.

Q: How does their debt compare to their revenue

Q: Dear 5i,

I am finally re-balancing some of my portfolio by selling some of my Canadian bank stocks (where I was seriously over weighed). The cash will be reinvested to fill 3 Canadian industry holes I need to fill. From most to least deficits are Consumer Defensive, Consumer Cyclical, and Basic Materials. The only stock I currently own that matches any of those 3 categories is AW.UN. Could you please suggest some quality Canadian stocks to buy to fill each of those 3 holes ? I am a 53 year old conservative investor trying to balance dividend and some growth for long term in stocks that have the brightest futures. I really appreciate your wisdom.
-Nick

Q: Hi folks
Looking to add DISNEY to my TFSA - they report earnings on Aug. 6th - would you recommend I wait for them to report or should I just go in with the hopes that they beat expectations ? Your opinion is greatly appreciated.
Thanks

Q: As you have indicated today, "The quarter did not appear to have much to be excited about", but why the market is so over joyed about it: up 7% with 3 million plus shares traded. It accounts 3% in my portfolio, should I trim it or buy more? thanks.

Q: If I were to start the growth portfolio from scratch, which 3 positions should I begin to accumulate at today's price.

Q: Would you comment on American Hotels selling its Economy Lodging portfolio to focus on the premium branded hotels. Lately they have been active is bringing many of its recent purchases up to the premium standard and that has cost a couple of million per hotel.

Thanks,
Ron

Q: What do you think of buying TCW under one dollar as type of call option on the unloved Canadian energy sector? What is the likelihood of TCW shares going to zero in the next 24 months?

Still waiting for clarification on BRE payout ratio as well.

Q: Hi Peter
Long time since I asked a question . Canadian tire seems to have gone south . Scotia gave it a 195 target price . Do you think that going forward in their businesses they are heading in that direction . Or in other words, would you buy it at this time .

Q: Would you step in now on these two given fwd PE and PEG for both are higher than 5 year average? Given their markets can they sustain their growth?
According to Stockreports analysts are forecasting 21% growth in 2019 and 38% in 2020 for FSV, what is driving it? What is the PEG for FSV? Considering both have a similar fwd PE and FSV has better growth, do you agree FSV is better value ? Thank-you.

Q: Can you please advise which ETF you prefer and why: VTI or DIA?

And secondly, why is MSI rated as a hold? I'm up 40% over the last year...and it comes with a respectable dividend of 2.54%. What am I missing here?

Thank you.

Q: Would you consider People Corp a relatively safe stock. Considering it's not very big market cap and can u see them initiating a dividend sometime, thanks?

Q: Please comment on the acquisition announced this morning. Thank you.

Q: I want to park money into TDB8150 & TDB8152 does this goes down if the market goes down. Is this same as holding in a high-interest savings account.

Thanks
Hector

Q: Which of these companies do you think has the highest dividend safety? Regarding VET, I am reminded that yield is a function of price and not directly related to performance - a company does not reduce its dividend just because the yield jumps - more likely a buyback if the fundamentals are reasonable.

Q: With respect to Larry's earlier question about ZST, I was surprised that you did not mention HFR as a better alternative. Althought ZST has a lower MER than HFR (0.17% vs. 0.4%) and a better distribution (2.9% vs 2.4%), its value has declined consistently (-15%) in the past eight years unlike that of HFR (0%). I see no reason to recommend ZST in preference to HFR so why would you?

Q: Last year I asked about RingCentral. You gave a positive review & I
bought a small amount.

Why all the excitement today?

Q: Do you agree with Gordon Pape’s opinion of NFI?
https://www.theglobeandmail.com/investing/markets/inside-the-market/article-despite-an-attractive-yield-investors-should-steer-clear-of-this/
We sold some shares last year at a substantial profit but kept some which is currently around a 3% weighting and we are still up over 100%. I wonder if we should be selling the rest? The company is still profitable but the future profitability seems to be opaque. Mr. Pape comments on the drop in new orders (firm and options). Just wondering if he is spinning the numbers? Has there been a big decline in firm orders excluding options and any idea historically how solid an option to purchase a bus become an actual purchase? When a buyer places an option to purchase a bus does this cost the purchaser any money? If there is no cost to purchase an option to buy a bus then it would seem to be a pretty weak number since the buyer doesn’t have “skin in the game” so to speak.
Any thoughts you have would be appreciated.
Jim