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  5. BNS: As a longtime holder of BNS representing 8% of my cash account (4 % total accounts ) with banks representing 30 % of total portfolios, I am getting impatient waiting for the “ new “ President to ma... [Bank of Nova Scotia (The)]
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Q: As a longtime holder of BNS representing 8% of my cash account (4 % total accounts ) with banks representing 30 % of total portfolios, I am getting impatient waiting for the “ new “ President to make his mark. With TFII suffering from tariff malaise and WSP dropping because of a sale of shares by the Caisse , I see this as an opportunity to get into these 2 growthier stocks. I can live with the resulting drop in dividend income. I would have a loss on BNS.

Would you make the trade or hold on to BNS ?
Thanks. Derek


Asked by Derek on April 28, 2025
5i Research Answer:

Both TFII and WSP may have more growth, but for the moment, considering tariff and other issues, we would be somewhat reluctant to make this switch right now. BNS, while it has not exactly done great of late, is like 'safer' until the tariff/economic picture clears up. We would HOLD.

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