skip to content
  1. Home
  2. >
  3. Investment Q&A
You can view 3 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hello, Stantec stock has seen good momentum and jumped from $79 to over $83, since, Friday, last week. Are you aware of any specific developments, or it's part of the relief rally in the infrastructure sector, after passing of Debt Ceiling bill in US. I am aware that Stifel bumped STN price target to $93 from $86, on Monday. Is it worth increasing our present 1.5% weighting in STN ( we are underweight in Industrials ) and if so, what will be a reasonable price level to add ? Or, it's prudent to wait for the stock to settle back to $78-79 level ? Thank You
Read Answer Asked by rajeev on June 07, 2023
Q: Retired, dividend-income investor. I know you "just recently" added to NWC. I had also planned to top up an almost full position, but was waiting for a pullback.

Since then NWC has reported and the market reaction is not kind...down 8% at the time of writing this question. What are you current thoughts, now that you have additional information? Would you add now or wait a few days for the dust to settle?

Thanks....Steve
Read Answer Asked by Stephen on June 07, 2023
Q: Can you please help me to understand how safe money market funds are in “black swan” event like 2008? My broker often parks funds in money markets in a Cash account. Is there ever a danger of funds being lost, or simply a potential liquidity issue for a very short time? Are there any CDIC type guarantees up to a certain dollar amount per account?
Read Answer Asked by Stephen R. on June 07, 2023
Q: I am considering adding to my current position in ABBV.

The stock is down close to 18% since the last earnings report. I'm sure the whole Humira thing had been priced in all along, but as of the last report, has the company outlook really changed that much to justify the size of this pullback? Are you comfortable with adding at this point, or should one have patience? I think the debt continues to be reduced quarter by quarter, which should help.
Read Answer Asked by James on June 07, 2023
Q: Do you think it worthwhile to buy both of these holdings (i.e. 3-4% each in an otherwise reasonably well-diversified portfolio) for the sake of making the best use of their respective growth/dividend potential? Their high degree of correlation seems the one factor mitigating against this strategy.
Read Answer Asked by David on June 07, 2023
Q: I currently have a portfolio with these six holdings. What would be your current top 5-10 Cdn and/or US buys to diversify the portfolio and put a large cash balance to work for a 5-10 year time horizon with total return as the primary objective
Read Answer Asked by Chris on June 07, 2023