Q: I have some funds to invest and am considering the above stocks. Please indicate whether these stocks are better held in an unregistered, TFSA or RRSP account. Please rank these stocks on a 5 year hold. Thank you
5i Research Answer:
We would consider ABBV best in an RRSP because there would be no withholding taxes on the dividend. WSP could go in any account. CRWD is growth-focused and could go into a TFSA. However, as it is volatile we think a non-registered account would be better in case of losses. GOOG pays no dividend and a TFSA we think would be best. We would rank today: GOOG, WSP, CRWD, ABBV
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in GOOG, CRWD.