Investment Q&A

Q: What would be your top 10 choices be for averaging a 8% dividend return.
Thanks Wayne

Q: I often hear money managers talk about buying a specific stock (e.g. Apple to choose a simple one) and then writing covered calls against it ….. and emphasizing the prospect of winning both ways.

I am not keen on taking a course in options trading at this point.

Does it make sense to attempt the same kind of thing using etfs?

For example, in technology using XIT or TEC and pairing it with ZWT;

or other sectors too, such as energy XLE … or XLF for financials? In this case can you suggest a couple of covered calls - one for energy and one for financials?


As usual, thanks…. much appreciated.

Q: I searched past questions/answers with no luck so here goes. If Suncor sold its gas stations, what would they do with the money? What effect would the sale have on the stock/dividend? Thanks.

Q: Good afternoon.

Please advise your thoughts on SRV.UN and KEG.UN in terms of income stability.

Thanks very much.

Q: Your thought on SJ for a longer term investor looking to find value with growth (oxymoron). Valuation seems to be on the attractive side and looks cheap once things start to turn around. Is it relative to peers? it has come down a lot since your report. Is the major concern simply a recession?

Q: After reading your report on InterRent REIT, I'm looking into it further. I currently hold NWH but am looking for more growth in both the distribution and unit price (NWH hasn't increased the distribution in a long time, and the unit price hasn't grown that much).

I see that all of InterRent's 2021 distribution was ROC so all tax-deferred. Is this expected to continue? If so, that's a great benefit as I'm holding in a taxable account.

Q: You mentioned that TCL.A is ok for income but if you are in the red would average down as the position is now at 1.5% only. If to sell what stock would you replaced this?

Thanks

Q: Hello, would you agree with this statement that I've found from Motley Fool on investing in NWC ?:

"The company is excellent at controlling costs. And its razor-sharp focus on costs plus vertical integration means it is always improving its margins. The stock recently had a selloff after its profitability reduced significantly. But this reduction was due to inflationary costs that the company didn't pass on to consumers."

How would you rate management?
By many metrics, to me it looks historically cheap.....would you agree?

The 3.7% annualized dividend increase since 2018 isn't keeping up with inflation. How do you see dividend increases going forward?

Q: Good morning everyone at 5i! You have always said that you can’t time the market. I am going on the premise that the market is close to the bottom, and it is time to slowly start to add some names to the portfolio and to add to existing ones. Could you please suggest 5 growth and 5 income stocks ( US or Canadian) which you consider good buys at this point on time? Cheers, Tamara

Q: What is your opinion on NRP's short-term to intermediate-term prospects? Can't help but think that the cost of Oil, not to mention ENG sources, have it sitting pretty currently.

Q: Can you recommend some US stocks with growth and yield?

I have ABBV already.

Thanks
Mark

Q: Lifeworks still trades below the deal price of $33. Is this because the closing date is far out or does this mean there is a high chance that the deal will not close? If the latter is the case, should I sell now and avoid the risk of what would be a huge drop in the share price of LWRK back to the pre offer level?

thanks again
John

Q: Hi, for higher income and safety of distribution could you please list 4 or 5 attractive REITS. Growth is not a concern, just income and relative security. Thanks.

Q: I have a little to spend and am looking amongst the solid Canadian and US companies that you most recommend for long-term stability and growth.

Specifically though, I'm looking for these companies that seem underpriced and that have been doing well in their buyback policy.

Q: Hi 5i,

Thank you for the great work. My goal is to generate tax efficient USD income from Canadian co’s who pay USD dividends. Can I ask please ask for your top ideas?

Thank you in advance.

Q: I have positions in AQN and BEPC. I am looking at adding either NPI or RNW. Could I have your opinion on the best choice based on dividend stability and safety? Or would you suggest adding to my existing positions in AQN or BEPC?

Thanks Ken

Q: Hi Peter, Ryan and 5i team,

You answered Maureen's question about TOU and TPZ as follows:

"We like both, but would consider TOU more of a growth story and TPZ more for income. We would be comfortable with a swap if that matches an investors' objectives."

How would you answer if WCP was the stock I'm considering to sell (not TPZ) in order to buy more TOU? (I realize that WCP is more of a growth story, but it's quite a bit more volatile than TOU.)

Thanks for your insight.

Q: Would you replace STN with EIF and ARE to increase dividend and maintain exposure to the industrial sector?

Thanks

Sylvain

Q: I hold a 2.4% position in TOU and a 1.2% position in TPZ in a non registered account. TOU has had greater upside (65% for me) and probably still has legs over the very long term. Capital gain on TPZ is 17.25% and the dividends are solid. TPZ seems to be more an income play than a growth play. I was thinking about selling TPZ and adding to TOU for greater potential growth (5 to 10 year horizon). Currently I hold about 10% energy in Exploration and Production companies combined, but would be swapping securities rather than adding new money. Capital gains from selling TPZ would be manageable with enough capital loss offsets. Is this a good idea or should I continue to hold TPZ?

I have divided my energy holdings into E & P companies (10%) and pipelines (15% -- largely for income -- and in many respects the pipelines are closer to utilities than to oil production companies)

Q: Between CJ and WCP which one is more likely to attain a higher combined return for a three year hold?

At the moment CJ (7.7%) has a much higher yield than WCP (5.00%). Are these rather high yields sustainable over a three year run?