Q: hi, what are your top growth stocks now, for Canada and USD accounts? i'm looking for doublers!lol…
thx chris
thx chris
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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: Comment on today's drop: Canaccord Genuity analyst Derek Dley said he’s “become more cautious” on the outlook for the retail division of Canadian Tire Corp. Ltd. (CTC.A-T) given the “unfavourable movement” of the exchange rate and “continued” weakness in Alberta.
Ahead of the release of its third-quarter results on Nov. 12, Mr. Dley downgraded his rating for the stock to “hold” from “buy.”
“We are forecasting 1.0 per cent, 0.0 per cent and 4.0 per cent same-store sales growth at CTR, Mark’s and FGL Sports, respectively,” he said. We continue to expect Forzani sales to benefit from an increase in digital advertising spending, as recent digital spend test periods have generated double digit sales growth. Our forecast of flat [year-over-year] sales growth at Mark’s, which is considerably lower than the banner’s trailing 12 month average of 4.0 per cent, is founded on continued oil price-related economic weakness in Alberta, which we expect to negatively impact higher margin industrial wear. We note 17 per cent of Mark’s locations are situated within the province of Alberta.”
Ahead of the release of its third-quarter results on Nov. 12, Mr. Dley downgraded his rating for the stock to “hold” from “buy.”
“We are forecasting 1.0 per cent, 0.0 per cent and 4.0 per cent same-store sales growth at CTR, Mark’s and FGL Sports, respectively,” he said. We continue to expect Forzani sales to benefit from an increase in digital advertising spending, as recent digital spend test periods have generated double digit sales growth. Our forecast of flat [year-over-year] sales growth at Mark’s, which is considerably lower than the banner’s trailing 12 month average of 4.0 per cent, is founded on continued oil price-related economic weakness in Alberta, which we expect to negatively impact higher margin industrial wear. We note 17 per cent of Mark’s locations are situated within the province of Alberta.”
Q: Any reason why BPY.UN and BAM.A drop so much in tandem today? These two names are my largest holdings and there seems to be no reason that BPY.UN should get punished? BAM.A ran into some rough waters in its Australia acquisition, but even then it was unduly punished. Thanks.
Q: I read your article on the US covered call strategy and I new that there were etf's using that strategy. In looking at the various etf's I was disappointed in the performance over the 3-4 years they have existed. Is this the typical result?
Thanks
Thanks
Q: Hi, Any reason you know of that is causing to drop for the last 5 days? They report 16 Nov....what are the expectations?
Thank you!
Silvia
Thank you!
Silvia
Q: Hi Team - I have been offline for a while and tried to look through recent answers to avoid posting. What would be your top 10-12 stocks for a diversified portfolio with a 15 year time horizon that are buyable now. I am comfortable with all types of stocks although I generally keep riskier ones to 2-3%. Thanks for the excellent service!
Q: Hi Peter and Team, if you had to choose between Enbridge common share (ENB)and Enbridge Inc. cumulative redeemable pref shares series H (ENB.PR.H), which one would you select for income, appreciation potential and safety? Thanks, Gervais
Q: Good day Peter and Team,
Further to your answer to Donald's question:
(1) If you were to rate CBL, what grade would you give it?
(2) Could CBL be considered a value play, since it's trading a bit above its 52-week low, and seems to be on an uptick?
(3) Is this the kind of income stock where one could collect a nice dividend while waiting for growth?
(4) What are the dangers in investing in CBL or similar stocks?
(5) What other dividend players might you recommend instead of CBL?
Thanks as always for your valued advice.
Further to your answer to Donald's question:
(1) If you were to rate CBL, what grade would you give it?
(2) Could CBL be considered a value play, since it's trading a bit above its 52-week low, and seems to be on an uptick?
(3) Is this the kind of income stock where one could collect a nice dividend while waiting for growth?
(4) What are the dangers in investing in CBL or similar stocks?
(5) What other dividend players might you recommend instead of CBL?
Thanks as always for your valued advice.
Q: Hello Peter,
You have taught us not to try to time the market cycles but allow me to ask if you feel the banks are poised for a run. With interest rates set to spike in the US from good data, banks will benefit.
Your thoughts?
You have taught us not to try to time the market cycles but allow me to ask if you feel the banks are poised for a run. With interest rates set to spike in the US from good data, banks will benefit.
Your thoughts?
Q: After the big drop in this company should I hold on for the dividend and rebound or is this thing dead money and I should move on.
Q: What's your opinion on these guys.Is it worth holding for dividend and possible rebound or is it dead money and I should move on.any alternatives?
Q: Hey guys, any insight in the 3% drop this morning for Canadian tire? Of course, I topped up my half position last week at 115!!!
Planning to hold for 5+ years, what's your take on it?
Thanks,
Richard
Planning to hold for 5+ years, what's your take on it?
Thanks,
Richard
Q: The volume on Firm Capital FC is ten time average and it's not even noon. Could you speak to that and talk about any implications? Thank you.
Q: would you hold comdev into the close march 31 or thereabouts, is it worth it for maybe 50 more cents and that 50 cents would come in shares of exact earth 5.25 for my comdev shares and the rest in exact shares and regulatory risk etc etc yes or no. dave
Q: I own shares of GE which has an Election to exchange $100USD GE
shares for $107.53USD Synchrony Financial shares. In your view is it advisable for me to elect to accept this exchange?
shares for $107.53USD Synchrony Financial shares. In your view is it advisable for me to elect to accept this exchange?
Q: Any sobering thoughts on LIQ?
It’s getting hammered (pun intended)! 52 wk low.
Your last report (C rating)
Turnaround is taking hold
Dividend continues to be risky in our view
Valuation is questionable given prospects
I note in their Nov 5th MD&A:
“Management further believes that the Company’s annual cash flow from existing operations and available credit are sufficient to sustain the Company’s dividend at the current level.”
It’s getting hammered (pun intended)! 52 wk low.
Your last report (C rating)
Turnaround is taking hold
Dividend continues to be risky in our view
Valuation is questionable given prospects
I note in their Nov 5th MD&A:
“Management further believes that the Company’s annual cash flow from existing operations and available credit are sufficient to sustain the Company’s dividend at the current level.”
Q: I'm looking for percentage allocation by sector with,of course, a bias on the best growth opportunities. Could yoy provide this?
Thanks
Thanks
Q: Hi Folks - When interest rates start to rise (I'm 54, so it could be in my lifetime) I've read that lifeco's do well as would rate reset preferreds. On lifeco's, could you suggest a few in the US, and on rate resets, is there an ETF that holds them but not perpetuals? Thanks.
Q: What are your thoughts on this company and thoughts around future performance?
Q: Any comments on the third quarter? Looks like a pretty painful decline reflective of the industry. I've liked the way this com pay has been managed in the past - good company in a bad (for now industry). Should I hold my shares or divest?