Investment Q&A

Q: 1.We have a bit of a debate going on regarding the merits of shorting stocks and doing so when they have the kind of pop such as Nvda had last week.

If someone shorted $10,000 of Nvda at the close of business last Friday, how much would be lost as of the close of business today ( Thursday)?


2. AVGO Same type of situation: buy AVGO end of business yesterday….and loss as of today ( Friday ) close ?

Thanks.

How would that person minimize his loss ( other than by NOT shorting it in the first place )?


Thanks

Q: Hello, in my portfolio today, I have mainly Canadian dividend stocks and US mega caps in the form of CDRs, for diversification. To add some more diversification, would now be a good time to add US small caps with XSU-T (I want to keep it in CAN$) and if so, why? Thanks

Q: My TFSA, holds my riskier investments and is 3 % of my total registered and non-registered accounts. I am looking at adding one of these two for a weighting of 25 % within my TFSA, so total allocation of this ETF to all accounts would be less than 1 %.

What is the difference between them and which is more appropriate? Thanks. Derek.

Q: Your thoughts on their 1/4 please.

Thanks

Q: Hi team,

Grateful for your views onTarget Hospitality (th-q).

Would you buy it for strong growth in the next 2-3 years ? Or which other stock would you prefer now for strong growth in the same period, in order of preference, for a TFSA ?

Thank you for your good attention,

Jacques IDS

Q: Do you think it's a good time to buy renewable energy or wait? For summer to end? For the recession to start? Can you give me list of your top 2 picks in the sector for both CDN and US markets over the next five years?

Q: Can you please comment on CAE latest earnings released today. Was there anything of particular interest to note from the call the call (either good or bad)? What is your view of this company after this latest report (buy/add, hold, sell, or trim like you did with model portfolio)? Are there other names in Canada or in the USA you prefer and would recommend over CAE?

Q: Hi Team, any thoughts on why CAE is getting smashed today despite their earnings seeming positive?

Q: Gentlemen

BRP reported earning today, can I have your opinion on the report?

Q: Juicy dividend, good balance sheet. Would you recommend this one? Risks? Thanks.

Q: I have received below email from Scotiaitrade since I have EPD shares in my RRSP account. My understanding was that in registered accounts I don't have to file a US tax return for PTPs disposition or distributions. I called Scotiaitrade and they did not provide any additional details for registered accounts and asked me to apply for US Tax Identification Number and consult my accountant for filing US tax return. Any details you may have would be appreciated.



In December 2022, Scotia iTRADE sent you an email advising of industry-wide changes that came into effect on January 1, 2023 and that impact your previous and/or current holdings of certain publicly traded partnership units (PTPs).

As part of these changes, a 10% withholding tax may be applied to certain distributions in addition to the usual 37% withholding tax on U.S. business income for non-U.S. persons. In the event of a disposition or transfer of the impacted PTPs a 10% withholding tax will also be applied to the gross proceeds in addition to the withholding tax on distributions.

Since you hold or have held impacted PTPs after January 1st, 2023, you must obtain a U.S. Tax Identification Number (TIN) and provide it to Scotia iTRADE by August 1, 2023. Scotia iTRADE is required to provide the Internal Revenue Service (IRS) with your name and address as part of our obligation to report beneficial ownership of impacted PTPs and thereby assist the IRS with reconciliation of US tax filings on an annual basis.

We ask that you apply for a U.S. TIN as soon as possible and call Customer Service at 1 -888-872-3388, Monday to Friday, 8 a.m. to 8 p.m. ET, to provide this information once you have received it.

If you have already obtained a U.S. TIN from the IRS though have not yet provided it to Scotia iTRADE, then please call Customer Service by August 1, 2023.

For help with requesting a U.S. TIN please refer to the following IRS website which outlines the application process: https://www.irs.gov/individuals/international-taxpayers/taxpayer-identification-numbers-tin and speak with your accountant and/or tax advisor should you have further questions.

Scotia iTRADE does not provide tax advice. If you have questions about the tax implications related to the PTPs held in your account, please consult with a tax advisor. If you have any questions about the transactions associated with the PTPs held in your account, please contact Customer Service at 1 -888-872-3388, Monday to Friday, 8 a.m. to 8 p.m. ET.

Q: This stock I bought at 66.00 is now 40.00 is it a sell , a hold or buy more.

Q: I am absolutely stunned by your constant promotion of BN.Why is this?
The dividend is almost none.
They have a high portion of their investments in commercial real estate,which looks more scary by the day.
The market keep telling us for a long time that BN is overpriced.
So why oh why do you keep mentioning BN in a favorable manner?
I know they are around for a long time,but so was Nortel and GE.

Q: Is Nutrien screaming buy?

Q: I am looking for a couple of US dividend-paying companies that provide decent yields for retirement income. Several of the companies that you have suggested are providing growing dividends and some equity growth but the yields are low. I am currently looking at AMGN, BX and EXR. I am leaning towards BX as I think property could be poised for growth but I am concerned that the dividend seems to jump around. Were special dividends paid in the past few years or has the payout been negatively affected by declining rental income?

Which of the three would you prefer given the desire for increased income, stability of income, future dividend growth and some equity growth? (or are there other suggestion you may have)

Appreciate your insight.

Paul F.

Q: Peter; can you clarify the correct symbol for Glencore. In my BMO search it came up with GLCNF and GLNCY- and in 5i it shows GLEN ? Thanks.
Rod

Q: Can you please provide your view of AUR.
Thank You in advance.

Q: What do you think of this company?
Recycling of batteries…building a plant in Kingston, Ontario. Headquartered in Toronto,

Q: Hello,

Given PayPal's recent price drop, would you consider current price level as a good entry point?

Q: I tend to be a buy and hold investor and have held Trupanion for a few years. In my TFSA It has fallen quite a bit in the last year and more so in the last 3 months or so. Is there a readily apparent reason for this other than small company jitters in this type of market. What is your general opinion of the stock and is it worth continuing to hold?