Review of FirstService Corp

JUN 27, 2024 - FirstService Corporation (FSV) is the North American leader in residential property management and other property services to both residential and commercial customers. FSV is a well-run company that has carved out a significant position in the fragmented North American property management industry. Short-term catalysts to significantly move the stock would be acquisition related which are of course hard to predict but the company’s fundamentals remain attractive. We are maintaining our rating of a B+.

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Q: May I have your comments on earnings for First Service and TFI please?

Read Answer Asked by Margot on April 24, 2025

Q: What would be your top 10 Canadian stock picks now, maximum market cap $10 billion, long term hold. Thanks.

Read Answer Asked by Dan on March 31, 2025

Q: Hello 5i,

I'm thinking of selling my BCE shares in my non-registered account for tax loss purposes since I'm also expecting a dividend cut shortly. I'm looking to replace the dividend income as much as possible and I'm thinking of putting the proceeds in Telus (which I already own) or FRU.UN (not owned but I already own TOU). I'm debating whether a possible capital appreciation with BCE following a dividend cut makes it worth rebuying after 30 days instead of continuing to hold T or FRU.UN for the long term? Overall, my goal is to maintain my dividend income with this particular trade.

I'm also thinking about replacing FSV with HPS.A (I had HPS.A FOMO a few months ago but I'm not sure it's going back to its previous days?) in my TFSA for overall returns and I'm wondering if you have a preference between the two?

Thank you,
Lisa

Read Answer Asked by Lisa on March 24, 2025