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Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
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Algonquin Power & Utilities Corp. (AQN)
Q: I have been out of the loop for a while (due to a few health concerns) and have found these two stocks, Fiera and Algonquin, fallen since I last checked in on them.
Is Fiera, then, a SELL? I see that it is diminished in the portfolio, but still hanging in there. If this company is no longer a good proposition, could you suggest a replacement for a steady income/dividend, as that is a priority now in my stage of investing.
And same applies to Algonquin. Is that a good proposition to hold, or can it be replaced now with something with more vitality?
Thanks for your help, as always.
Please deduct points accordingly, as this is a "two-fer". : )
Is Fiera, then, a SELL? I see that it is diminished in the portfolio, but still hanging in there. If this company is no longer a good proposition, could you suggest a replacement for a steady income/dividend, as that is a priority now in my stage of investing.
And same applies to Algonquin. Is that a good proposition to hold, or can it be replaced now with something with more vitality?
Thanks for your help, as always.
Please deduct points accordingly, as this is a "two-fer". : )
5i Research Answer:
FSZ was taken out of our Income Portfolio June 13 and we think it is time to move on. We think EIF makes a good replacement. AQN has recently seen some shareholder activism, and with that and the valuation we think it can be held today.