Investment Q&A

Q: Peter, Ryan and Team:
My TFSA has 20 stocks, overall has done quite well and I do not need income or capital from it in the foreseeable future. It has quite a number of picks from 5i's Balanced & Growth Portfolios (leaning more to growth) but I have significant losses (-45% and more) on 5 of the usual suspects: BDI, QST, SLW, SGY, WIN. I am quite prepared either to sell them and replace, or to wait 2-3 years for a recovery. I am under the impression from the Q&A section that you feel all five are a 'Hold'. Is it reasonable to assume that providing they weather the next year or so, that because of how far they have fallen, it is likely the stock price may double or more in price in the next 2-3 years? How does that stack up against selling them and replacing with stocks that you might have more confidence in now, but whose gains over the next 2-3 years will be more muted because they have not fallen so badly? I am really stuck in an indecision groove on this and would appreciate your comments and any suggestions on how to approach making a decision in a logical way both generally for this kind of problem and specifically for this situation.
Also, just to add my thanks to that of the other 5iers for the great service you have provided since the beginning...it has been a bridge over troubled waters !! The very best of the season to all.

Q: In light of the fact there has been no indication of Canadian interest-rate movement, can you suggest a handful of U.S. insurers with decent dividends. And a ETF in that space as well.
Thanks for the great service

Q: BNS and TCN don't do much since some time. Both are down around 18% lately.

Should one stay the course, or look for alternatives ?

Q: I want to diversify out of Canada. I'm thinking of an ETF for Europe. Do you have any suggestions?

Q: I am looking for a Canadian ETF that tracks the Nasdaq and one that tracks the Russell 2000. I am looking for a product that is not hedged to the Canadian dollar. From what I gather this is not available.

Q: Hi, after watching for almost a year, I started a position @43.05 in WSP global, this week. The move was based on the fact that there was no apparent reason for recent pullback. Several months ago WSP did a secondary offering @42.50 (I think). During recent past, stock price touched a high of $49.18. The stock has a dividend yield of 3.50% and will perhaps benefit from infrastructure spending plans of new federal Govt. Incidentally, WSP was also a Top Pick on Friday Dec 18, 2015 Market Call tonight by Keith Richards, a Technical Analyst and BNN guest. As per his comments, this stock sees occasional pull backs and a purchase along its trend line ($42.50-$43)should be a great opportunity. Would appreciate your comments, please. Thanks

Q: I bought HCG in my TFSA at the top of the market and it is now down an astonishing amount. Is it a reasonable place to leave my much reduced investment? I am retired, but do not need the capital soon.

merry christmas

Q: Hi Peter I held this stock since I was first a member of 5 I I have never once been above water on this stock and it seems it is going from bad to worse .
Does 5 I still see merit in this bank or should one cut his losses and move on .?
Kind regards Stan

Q: Hi, BCE shares took a hit (3%) after Shaw's announcement of buying Wind Mobile. Price decline was not as severe as Telus, though. But, as per analysts, BCE also has a subscriber base in BC and Alberta, which may face competition due to Shaw's ability to offer competitive TV/Wireless bundles. BCE recently completed a secondary @57.10 after purchase of HBO Canada from Corus. However, shares have mostly traded below the offering price and now took another hit. I added the stock recently in $55 -$56, for strong dividend yield with some dividend growth potential. Do you think the Shaw overhang will be there for a long time or BCE stock could trade back above $57 in 2016? It would help me to decide whether I should consider reallocation to other sectors like IT, with more certain growth prospects. Thanks

Q: Good morning,
I would appreciate your thoughts on buying Deere at this time as a potential long term hold.
Thank you.

Q: I'm thinking of selling BNS (4.5% of total portfolio) while I'm still up 8% and redeploy the cash.
I currently have PWF (1% Holding and down 10%), TD Bank (3.5% holding up 34%), MFC (1% holding and down 5%),
DH (1% holding and down 10%). Would you recommend holding on to BNS or sell and add to one or all of these other financials. Open to other suggestions as well. Merry Christmas

Q: Hello team, Sorry if this have been mentioned before (can't find it)...just wanted to know if you know IT's management? If so, have you met in person and what was your impression?
Also, read somewhere that Dundee has come out w/a report on IT which maintains a $27.00 target....do you know anything about this report?
Thank you!

Q: Your opinion?

Q: I have the following candidates to sell for a tax loss: IPL, IT, CXR, BOS, DH. I only need one or two. Which would you recommend - and would you bother to buy them back? Thanks!

Q: Hi Peter,
What is the place for hedge funds for an individual Canadian investor going forward ? Andrew McCreath who appears on BNN manages such a fund (ForgeFirst) and he makes a lot of sense in his thoughts on and strategy towards the current markets. You have also mentioned in the past that due to your non-biased advice you invest in hedge funds yourself. Any thoughts in general or on ForgeFirst are appreciated. Thanks to you and your team. Have a Safe and Merry Christmas.

Q: Hi Peter and team,

I know you have been positive on this name. Would you consider this to be a decent entry point and investment over the next 2 to 3 years. What do you consider to be the main risks with the name.

Thanks

Q: Two questions. I was looking at a stock on a stock website and clicked to level II for shares bought/sold data. I see it occur frequently, where a security company (for example 007 TD Securities) is both the seller and buyer of a stock. I have assumed simply the company was satisfying different clients while obtaining commission on both sides. Is that a good assumption?
In this case the security co. was clearly selling off many thousands of its shares ($9.70/share)over several days and to several different buyers. But its first and by far largest sale was to itself - both seller and buyer of one block of 11,000 shares. It just seemed a bit odd to me that a non-bank security co. would have a client who wanted, at full price and at least fair value, 11,000 shares of a stock the firm was selling off. Aside from a large shareholder selling off should a transaction such as this raise any other concern? Perhaps this is a way to maintain the share price for the further sales...
Thanks so much for your patience, hope you guys do take some time off for the holidays.

Q: Hi I currently own CSU, GIB.a and SYZ in IT sector. Recently I have started positions in KXS and DSG. DSG has been acting very well recently and its share price is at 52 week high. KXS appears have settled around $45, after touching a high of $49, few weeks ago. There has also been fairly large buying in KXS, perhaps due to its inclusion in S&P/TSX 60 index. Most analysts are bullish on Kinaxis and believe that its early days for the company with huge growth potential in years to come. After strong quarterly results, analysts hiked their price targets on the stock between $50 to $54. Kinaxis also appears to have huge support from their present customers and high interest noted from prospects in company's recent conference. In your recent comments, you mentioned stock being expensive. I would appreciate your opinion, if both KXS and DSG are strong candidates to add to my present position at current levels. Thanks for your insight.

Q: Looks like Monday is going to be another bad day,law firm Goldberg releases a statement saying they are "investigating" Intertain,don't know what these slimballs are investigating,but the bozos in management better release a more forthcoming statement.First PHM,then GXI,now IT.Starting to cost me a lot of money!!!

Q: Peter their is a up date on DGC sent yesterday can you and your team give your opinion on this .
Jim.