Investment Q&A

Q: Buying opportunity or just wait ?

Q: Does the news change your outlook?

Q: Is there a way of reviewing the "Member Updates" section -- i.e., the monthly commentary where you make changes in the portfolios, etc.? I'm usually pretty good at keeping those notes, but I didn't for last month, and wanted to review your comments on your portfolio changes. The rationale you provide behind your choices is always of interest. Thanks. (I know what the changes are, just looking at the portfolios, but would want to look at your notes from that time.)

Q: Hi,
What do you think of HAMMOND Manufacturing?
I have a loss with them for long time - should I keep it for "sunnier days"?
Thanks,
Morris

Q: Hi, Could you please comment on Stella-Jones preliminary results for 2016 released on Friday evening. 4th quarter was soft as expected due to lower railway ties demand. Guidance for 2017 is same as 2016 level. How do you see the stock prospects during this year ? Thanks

Q: Has anything changed since October

Q: You recently posted an article that mentioned HYGH. What do you think of this etf product and is there an equivalent in Canada? Thanks. Bill

Q: Hi,would you sell Avo or Bos at this time as i'am trying to be more conservative,to ride out Trump for the next six months or more.
Also for say 50-60,000 could you recommend say three etfs or stock with 2-4% dividend that would be fairly safe going forward,as I do not want a GIC at less than 1%. I do realize there is always going to be risks in the Market.
Thanks for your good guidance,Brad

Q: I am looking at adding one of the two to my US holdings and would appreciate your thoughts. Which would be the better long term hold, for 5 years? Tencent Holdings, or Impinj?

Acknowledging that you do not focus on US stocks, I still value your opinion -- as you helped me (along with many others no doubt) hit it out of the ballpark with both NVDA and Tenneco. (Thank You! )

Q: My portfolio consists of 14% Financial stocks that include; 6.5% BNS,3% TNC, 3% ECN, and a new purchase this week of 2.5% RY. TNC and ECN are in my TFSA, the RRSP has the other two. Two questions, overall should I have more financials, if so a suggestion please? I have a high tolerance for risk and a long time frame in mind if required, of course quick gains are always appreciated. haha

Q: about HLF and CLR,those companies look tempting right now.
Where do you see the bottom for those and do you see much more downside risk here?
You still like HLF the best?
When do their financials come out?

Q: Which of these 3 equities would you choose to sell?

Q: My energy holdings are ENB, IPL, TRP and PKI. I wish to reduce energy exposure and have targetted IPL or TRP. Div income is not a consideration although held in a non-reg acct. I am in favour of selling IPL however some TRP metrics tell me maybe it should be TRP (TRP ROE = -11%, EPS = -$2.76 although recognize TRP is approx 5x market cap of IPL). Both are good companies and recognize I have some duplication. I welcome 5i thoughts for long term hold based on numbers, projects, etc.

Q: NWC recently acquired Roadtown Wholesale in BVI. Since Roadtown is private I can't find much info. Sales. margins. Profit. Could you provide what info you have. Thank You

Q: Hey Guys, can you tell me why you recommend PBH over MTY. I know that a few managers have recommended MTY over the last couple years and I'm looking at the fundamentals of both and see positives to both. The stand out positive to MTY being the ROE. I like the better div with PBH and like its growth outlook. So I'd like to understand why you see PBH being better. Trying to expand my analysis abilities. Thanks!

Q: Hi 5I :
if we work under the assumptions that
a) there could be serious volatility in the markets with the new USA president (due to global trade changes or some geopolitical events)
b) we want a decent market down protection (considering gold does not have any yield!)
c) we want some protection against higher interest rates (GRT.Un is the only reit that according to TD analysts will not have an impact in price if rates go up by 1%)(GRT net debt/GAV is 15%/, while 46% is the average for its group)
d) we are happy to get a 5.9% return while we wait for the uncertainties in a) to develop.
e) Granite main tenant (Magna) is solid, cheap and will pay the leasing. (what is the % of Magna in its revenues?)
Should not GRT be in every portfolio ?, how big an issue is its debt in US$ ?.
Thanks !!!

Q: I've read comments on this comp. based on buy-out of CUS; however, when I look at the data I have, this co. is a dog: last 4 qts made no money, negative ROE, high debt levels and business is subject to the price of the commodities it sells. As well, it is selling at a very high value. Comments please.

Q: Hi : I'm a little thin on US exposure. Would it make sense to switch from BMO to TD?

Thanks

Q: Peter and Team,

I hold basically the balanced equity portfolio with CSW.A,KBL,and L added plus a portfolio I've been building to US/International. In the US/International portfolio I currently hold XYL, SBUX, V, JNJ, and VXUS. I was considering selling some or all of L and CSW.A to add some more international names and was thinking initially of GE and PFE. These changes would be made within an RRSP (the entire portfolio is spread over TFSAs, RRSPs, and RESP).

What are your thoughts on such a move? I should point out that L is less than 1% weighting and CSW.A is approximately 3% of total equity exposure.

Are there other US/International names I should focus on?

Thanks,

Marc

Q: Crius just raised its distribution again, and implied it will be raised regularly. Do you still consider it "an income stock primarily but with some growth potential"?
Any other thoughts on this name?
Thanks.