Q: Do you have a favorite beaten up high risk stock? I'm looking to flip a loser for another loser (tax loss selling). Thank you!
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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: Hello, could we have your thoughts on the current valuation and prospects for Savaria. It is approaching 6 per cent of my portfolio which is pretty high for a company of this size I think. Thanks.
Q: Seriously thinking about taking a position in CSE. My goals are primarily income with potential for modest capital gains. Interested in your thoughts.
Q: Can you comment on Goldman Sachs downgrade of the stock today, and recent insider selling? Would this change your generally positive view of the company?
"We view Nvidia as a high-quality company with best-in-class technology and strong management. However, we believe the market has become complacent about the risk of Intel licensing revenue going away (with few sell-side analysts highlighting licensing in analyst day takeaways)," said Covello.
"Our SanDisk, Qualcomm and pharma case studies suggest stocks see 15%-60% multiple compression going into binary events where licensing/patents are in jeopardy. We believe the near-term catalyst to refocus investor attention on longer-term normalized EPS will be weakness in PC fundamentals (which Nvidia noted it is not seeing at its analyst day). We highlight that business tied to the broader PC ecosystem is 55% of EBIT today, with PC OEMs particularly at risk (15%-20% of EBIT ex. licensing)," continued the analyst.
"We could become more positive if Nvidia were to drive enough scale in new segments to offset the $264 mn in annual licensing profit, though we believe that auto & datacenter are becoming more competitive (and drive <10% of EBIT today)," he added.
"We view Nvidia as a high-quality company with best-in-class technology and strong management. However, we believe the market has become complacent about the risk of Intel licensing revenue going away (with few sell-side analysts highlighting licensing in analyst day takeaways)," said Covello.
"Our SanDisk, Qualcomm and pharma case studies suggest stocks see 15%-60% multiple compression going into binary events where licensing/patents are in jeopardy. We believe the near-term catalyst to refocus investor attention on longer-term normalized EPS will be weakness in PC fundamentals (which Nvidia noted it is not seeing at its analyst day). We highlight that business tied to the broader PC ecosystem is 55% of EBIT today, with PC OEMs particularly at risk (15%-20% of EBIT ex. licensing)," continued the analyst.
"We could become more positive if Nvidia were to drive enough scale in new segments to offset the $264 mn in annual licensing profit, though we believe that auto & datacenter are becoming more competitive (and drive <10% of EBIT today)," he added.
Q: I'm most pleased with the mysterious research you guys are doing over there in Area 5i. You must have aliens from the future advising you.
You mentioned recently that the 5i membership is untested in a bear market. I wonder if a little preventive advice can be given while we're in an atmosphere of relative optimism.
You already have a few blog posts on sell-offs, corrections, and reasons to be bearish. But a post addressing an actual bear market lasting a few months or longer might help prepare people and retain subscribers.
Hopefully there's no hurry for such a blog post! The aliens you guys are hiding will let you know.
You mentioned recently that the 5i membership is untested in a bear market. I wonder if a little preventive advice can be given while we're in an atmosphere of relative optimism.
You already have a few blog posts on sell-offs, corrections, and reasons to be bearish. But a post addressing an actual bear market lasting a few months or longer might help prepare people and retain subscribers.
Hopefully there's no hurry for such a blog post! The aliens you guys are hiding will let you know.
Q: Can you explain a little bit of the impact to the latest news from Boston Pizza? They are raising equity through a bought-deal.
Q: Wfc Canada is not a foreign affiliate of a Canadian person as that would require the Canadian person to own at least one percent of the company's shares.
However wfc Canada appears to be a Canadian company, in which case the t1135 would not be required.
However wfc Canada appears to be a Canadian company, in which case the t1135 would not be required.
Q: Any reason for the big jump today,other then the slight increase in oil price,can't find any news.
As to buying odd lots of shares,I do it all the time with TD Direct and have never had a problem,order is always filled and no extra charge.
As to buying odd lots of shares,I do it all the time with TD Direct and have never had a problem,order is always filled and no extra charge.
Q: What do you think of this drop down acquisition, dividend increased 9% and another 6% on pending approval of new project. This deal looks good .For a stable utilities is RNW getting better with this acquisition?
Q: This issue is being offered by my broker today (to place an indication of interest) for $19 - $22/share. Any thoughts on the offering and price points. Thank you!
Q: If someone has all of their money currently invested in your model/income portfolio, what % would you recommend shifting to growth portfolio?
Q: Hi Team,
I am doing my tax return and am struggling with one transaction for foreign reporting purposes (form T1135).
In 2012 I bought a Wells Fargo Financial Canada bond (CUSIP ID: 94975ZAX4) and sold it in 2014. I can't conclusively determine if Wells Fargo Financial Canada's bonds are foreign or domestic. I bought the bond through TD Waterhouse in Canadian Dollars.
The Wells Fargo Financial Canada site (https://financial.wellsfargo.com/canada/en/index.html) provides a Mississauga, Ontario PO Box as its address. The fine print on the web site says: "Wells Fargo Financial Corporation Canada is associated with Wells Fargo & Company, a company that is not regulated in Canada as a financial institution, a bank holding company or an insurance holding company."
Do you know how I can determine if this bond is a Canadian or foreign asset?
Many thanks for any suggestions....
Michael
I am doing my tax return and am struggling with one transaction for foreign reporting purposes (form T1135).
In 2012 I bought a Wells Fargo Financial Canada bond (CUSIP ID: 94975ZAX4) and sold it in 2014. I can't conclusively determine if Wells Fargo Financial Canada's bonds are foreign or domestic. I bought the bond through TD Waterhouse in Canadian Dollars.
The Wells Fargo Financial Canada site (https://financial.wellsfargo.com/canada/en/index.html) provides a Mississauga, Ontario PO Box as its address. The fine print on the web site says: "Wells Fargo Financial Corporation Canada is associated with Wells Fargo & Company, a company that is not regulated in Canada as a financial institution, a bank holding company or an insurance holding company."
Do you know how I can determine if this bond is a Canadian or foreign asset?
Many thanks for any suggestions....
Michael
Q: Hi Again, I may have found an answer to my question. CRA states that Specified foreign property does not include (among other exemptions): a share of the capital stock or indebtedness of a foreign affiliate.
http://www.cra-arc.gc.ca/tx/nnrsdnts/cmmn/frgn/1135-eng.html
Wells Fargo Financial Canada would appear to be a foreign affiliate therefore its bonds are exempt.
http://www.cra-arc.gc.ca/tx/nnrsdnts/cmmn/frgn/1135-eng.html
Wells Fargo Financial Canada would appear to be a foreign affiliate therefore its bonds are exempt.
Q: Do you think that Rifco is stalling out because of auto sales drop in Alberta? Do you foresee a recovery? With current conditions, no dividend, time to hold or sell? Thanks.
Q: News today regarding the debenture issue. Could you comment please on the investability and the reasons for such a vehicle. That is, floating rate based on CPI with 25 year maturity.
Q: I have two stocks- in my portfolio that are to my mind dogs. Bombardier and Canadian Oilsands- like most investors I am slow to get out of the losers- but there does come a time. Neither position is that large- not after the recent debacles, now I'm thinking I should put these two behind me and move on. Your thoughts.
Q: Have you had a chance to look into the new Cara offering, expected pricing of $19-22, expected yield of 1.9 - 2.1, to be announced the week of April 6th? Likely will be well over-subscribed, but if one could get access to them at the IPO price, would you invest in it for the long-term?
Q: Hi peter, I have the opportunity to participate in this new Restaurant IPO stock, Would you recommend this stock for Growth?
Q: Would appreciate your individual analysis of SGY's 4th quarter & year end statements. They were in line with RBC but I much more value your opinion (no politics)!! Thanks
Q: Is it safe or wise to own Baytex? Should I buy more or sell at this time?