Investment Q&A

Q: Everyone, large cap tech stocks have had an amazing year. So going into next year and next year, will managers sell some and redeploy cash or sell lots and deploy cash or will they keep there current amounts hoping for an average gain next year? If they sell this will put a downward momentum on the Nasdaq 100. Clayton

Q: Hi 5i, I believe Microsoft and Google are going to start designing their own AI chips? And maybe sell them as well. Is this going to affect Nvidia’s business?

Q: What are your thoughts on Quis as a micro cap growth opportunity. Desjardins Securities mentioned Quis as a higher risk pick.

Thank you.

David

Q: Peter and His Wonder Team
GVP is crashing 40% earlier today. Your thoughts please...
Thank you for your valued insights!

Q: Hi, Shopify rally, this year has been remarkable this year, and stock continues to have a strong momentum, despite recent downgrades from many US brokerages. Canadian analyst community, though, continue to have a more positive bias.

Stock is up almost 200% from its October 2022 lows. Do you think, it's mostly short covering or company has strong fundamentals for the stock to regain its highs of $200, in due course ?

Why, in your view, are so many US analysts, lukewarm on Shopify ?

Thank You

Q: They recently reduced the amount of shares I had. But the broker TD is showing me only the new prices which have moved quite a bit lately.They are not showing original investment amount. It shows I am making money,but in reality to original investment i am losing money. Could i Claim the loss in the difference. Should I contact TD

Q: Hi 5i Team - In an answer to a question on Sept. 27 you mentioned that Neighbourly had a growing balance sheet, good forward sales and earnings and solid fundamentals with a cautionary note that it was not yet profitable and needed to become so. At that time it traded around $12.50. It seemed to have a lot of potential back then before the offer. If the offer falls through completely and it returned to around that price level would it not still have good potential and be worth buying for a mid to long term hold. Would the same theory hold for today's price of around $15. Also what is your opinion of management. Thanks.

Q: This is more of a response to Stephen regarding his question about Zwc-I am also retired and purchased Zwc in the fall of 2017. I purchased the units around 19.50 when the tsx was around 16,500. Currently the units are close to 17.00 however the tsx is close to 21,000. My dividend paid since 2017 far out way the capital loss currently however I am speculating that over time the market will continue to rise as it has over the past many decades. Eventually I expect to get my capital back and perhaps a little more-no guarantees so I will keep my fingers crossed

Q: Good Day To All:
Further to my recent question on Reitmans, I am having difficulty with your comment of the cash on the Balance Sheet. You state that Cash offsets debt. My information( which may be incorrect, and is my reason for following up with you ) is that they have approximately $ 100 m of cash. The inventory more than covers the accounts payable making an acceptable current ratio. The lease liability in accordance with GAAP will be covered by future operations. The only risk I see is that the same board which let them go into bankruptcy may decide to take them private at a low share price. Your comments please. Thanks for your previous helpful comments. Also you state that they pen out quite well using ROE. It would look even better using ROIC considering the cash on hand. There are also tax losses to be carried forward.
Thanks, ben.

Q: My daughter has opened her First time Home buyer Savings Account with the intent to wait 1 ½ to 2 years until she will be ready to purchase her first home. Do you have any ETF's you would like to suggest ?

Q: Peter et al:
It goes back to 2011 for the last ENB stock split. Isn't the time soon approaching?
Thanks, BEN.

Q: I have just sold UL to garner a small tax loss. I would like to buy back in the new year but which is the better investment for dividend growth and growth UL or PG or should I hedge my bets and buy a bit of both ? Is there anything else in this sector that looks more promising?

Q: Are u are still positive on this company - it’s not participating in the rally and going the other way. At what point do you cut bait ?

Q: Grateful for information on why this stock got hammered so much in the last six months, as well as your views on its debt, cash flow and growth expectations.

Thank you.

Q: I am low on Consumer Cyclicals. What portfolio percentage do you advise to allocate? I have broken down the sector into sub-categories: housing, e-commerce, retail, personal services, lodging. Am I missing a sub-sector that shoud be included? Which ones have the most potential? I have listed some names - but am not tied to any. Apart from AMZN [owned], what are the top 5 or more that you would buy today and any others to keep on watchlist with buy targets? Please rank.

Q: If you have not already been asked, what do you think the chances are of the former CEO being reinstated? With large shareholders getting involved on both sides of the argument would you continue to hold or exit the position? Please provide the rationale, thank you.

Q: I held AQN in two separate accounts for over a year, I sold AQN in the account that had the largest position (80%) and I've hung on to AQN in the other account.

I thought of replacing AQN with NPI to maintain my sector exposure, I've yet to make that purchase.....why???? I've been side tracked with the idea of buying BEP.... Can you folks please wade in, would appreciate some of your thoughts and rationale.

Happy Holidays to the staff and readers

Q: These all in my RESP, most of them under water except ATD and BAM. Please advise what should I buy to add 10k to it for 2 years hold. Also any thing need to be cleaned up in this list.
Thank you

Q: I want to say a specific thanks to Peter. In the 1990's I started to follow Peter's articles in the Investor's Digest newspaper. Then I followed him on the original BNN show which at that time was ROBtv. Later, on BNN I followed Peter and that is when he began 5i. I am one of the original 5i members. I can't thank you enough Peter for over 25 years of your wonderful advice and insight into both the market but also on human nature. Thanks to you we have managed a very successful family portfolio. Thanks so much. Have a wonderful Holiday Season.
A very grateful Cathy

Q: Hello 5i,

I sold for tax loss VZ and the 30 day period is over. Ignoring that VZ has since increased in price I am starting to change my mind about buying back. Certainly a change in sector but would ABBV be a better replacement since my health care exposure is low? If not can you let me know if VZ is worth buying back.