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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: ESRX:Q is going to be acquired by CI:N by Dec 2018 and holder of ESRX will receive $48.75 in cash and 0.243 shares of CI. In my case I will be receiving less than 25 shares. Hence I like to sell ESRX:Q before conversion and want to invest in some other US health stock. Should I keep odd number of CI:N or you have some better alternative in US health sector? I own ESRX:Q and BAX:N in Healthcare sector.
Read Answer Asked by Piyush on August 22, 2018
Q: Peter and His Wonder Team
KOSS is a USA company. It is spiking on high volume! Any news on the wire? Thanks!
Read Answer Asked by Ernest on August 21, 2018
Q: Good morning
Over the next few months I would like to invest in a long-term portfolio [10 years] of 10 Canadian and 10 USD stocks/ ETFs/ Funds based on Growth at a Reasonable Price [not interest]. I have reviewed your answers about stocks characterized as "forever" well-diversified", "top growth pick", "5 year top growth", "top US most growth" "most long-term potential" - maybe that is closest.
From these answers I tried to cull the list, but would like your confirmation.
Financials: I am leaning to TD vs BNS - Long-term results, mgt, US; BAM, VISA, and have added SYF [both Buffet and Seth Klarman own]
Industrials: CNR, ITA ETF, CCL and maybe BBU [but currently overvalued];
Consumer Defensive: PBH;
Consumer Cyclical: AMZN, TD Enternment & Communications, TSGI, MG [wait];
Technology: CSU, KXS, ARKW ETF, MSFT, SNPS?, GIB-A
Health: COV, ISRG,
Global: IJR or Mawer Global Sm-Cap
CYB or Edgepoint Global Portfolio

I have no doubt missed a few or priorities have changed.
Thank you,
Sam

P.S. I should have added "capital allocators" to my criteria for a 10 CAD + CAD USD L/T portfolio question.
Thx

Sam
Read Answer Asked by sam on August 21, 2018
Q: I have been holding WCP (-35%) (4% of Corp Port. and 2% of total holdings) and SGY (-40%) (6% of Corp Port. and 3% of total holdings) since 2015.
These are in an unregistered corporate account so a capital loss can be carried forward. I am going to either sell both holdings outright and purchase VET.
Or trim each of WCP and SGY by half and use the proceeds to purchase a smaller position in VET and end up with all three holdings.
The negatives I see with the first option would be increased concentration risk (2 holdings for 1) and I would expect that WCP and SGY would outperform VET if the price of oil continues to increase long term. Your thoughts please?
Read Answer Asked by Randy on August 21, 2018
Q: Good afternoon,
With the spin out of Equinox's copper assets "Solaris Copper Inc. I received a letter from my brokerage firm informing me the shares of Solaris have been deemed to be a non-qualified investment for registered plans under the income tax act. Without getting into the penalties that may be incurred, can I forget the letter since my shares are in my TFSA.
Thanks,
Charlie
Read Answer Asked by Charlie on August 21, 2018
Q: Hi 5i - I’ve come across this real estate related firm in some research. I’ve never heard of it, and I’m not sure why not, because it’s performance has been excellent. Could you please dig into the fundamentals and tell me what you think. Could you also explain what exactly they do. Thanks.
Read Answer Asked by Noel on August 21, 2018