Investment Q&A

Q: hi
I own the above oil stocks. WCP is small and in TFSA, so I will keep it.
I have oversized position in Parex, but Vet and Fru are small. Looking to sell at least one, today, would you sell Vet or FRU or both ? I am comfortable with my position in Parex but wondering if better opportunities are available in other sectors. Which are your favorites sectors when coming out of this?

Q: Do you recommend any US Energy Structure MLP's for long-term income and some safety? If so, which ones and why?
Thanks.

Q: I am retired and have both a cash and RIF account. In my cash account are the big 5 Banks, T & BCE, FRU & IPL. I see that IPL has cut the dividend & FRU has a "1,437% Pay out Ratio (PoR)!! I have mostly REITs in my RIF & EXE & CHE.
I'm not concerned re the banks or telecoms but the PoR of FRU, CHE & EXE are of concern to me. I also feel that in the longer term, the REITs will survive especially with interest rates so low. Also, to replace IPL would you consider PPL
Your thoughts please.

Q: Hi, INE has strongly outperformed pretty much all utilities including other renewables such as NPI, CPX, BEP and even AQN over the past 20, 50 and 100 days. Any plausible reason for this? Would Hydro Quebec’s investment mean that much? Would they stand behind INE in the event of significant pressure on INE should it occur? Thanks.

Q: Hi, how would EMA hold up in a significant economic/ market downturn compared to say FTS or BEP.? Does its business and operations generally carry similar or different risks? Thanks.

Q: Hi, may I please have your opinion for a long term hold. Do you think the dividend is sustainable? I see insider buying. Thank you.

Q: I am thinking of replacing PSI with TransAlta Renewables in my RRSP for dividend stability , moderate growth, and less risk. Your opinion is appreciated. Joe

Q: Hello 5i team. Is this company a buy? Stock just plummeted from an all time high to an all time low in the space of a month. Yes, I know the sector is suffering big time, but Warren Buffet's words keep ringing in my head: “Be fearful when others are greedy and greedy when others are fearful." I just don't see this longstanding energy stalwart fading away, much less fossil fuels (eco crazies be damned). Your views would be greatly appreciated. Thanks as always for your knowledge and analysis. - Asher

Q: Comment--Tardif,port mgr told BNN this morning that he was buying Ray.a near the $3.18 (1 year low) & on the way up.Apparently,it is a good co which was oversold & Ceo & Chair have been big recent buyers

Q: In early March, as the markets dramatically weakened due to looming economic damage from Covid-19, I sold four smaller, lower-quality positions within my portfolio, mainly for tax-loss reasons (the proceeds represent <2% of the portfolio value), with the intention (option) to re-buy after 30 days (as my philosophy is long-term buy-and-hold). The question now, of course, is whether to re-buy any or all of the 4 positions sold (fortunately, 3 of the 4 are trading at prices substantially lower than what I sold them for). I wonder what your advice would be as to whether to re-buy any or all of these at this time:
(a) Russel Metals;
(b) Cenovus (note—I already hold Suncor as a major position, which I could add to instead);
(c) MTY Food Group (I already hold as major positions SBUX and QSR);
(d) Premium Brand Holdings.

Q: Please rank the above ETFs in order of preference for income and safety. Thanks.

Q: Retired dividend-income investor. I've held Alaris for years, dating back to 2012. I have trimmed and topped up around a core position and it has worked very well over the years. I believe in the management team and acknowledge that Alaris is a higher risk income stock.

I'm just wondering about the recent price action over the last couple of days (today is Apr 7/20). Is it as simple as 1) the stock has fallen so far and is now rebounding, and/or 2) we are currently in a risk-on environment?

What are your current thoughts on Alaris and it's stock price movements? Anything new on your dividend crystal ball gazing?

Thanks for your insight...Steve

Q: Do you have any concerns about Keyera's dividend for the next 6 months or so.
Thank you

Q: Hi,

Do you agree that many REITS and utility companies are historically way overvalued considering their lack of growth?
If I was to invest in REITS and utility companies for the next few years, could u pick 2 REITS you like for US and 2 for CDN exposure?
Could you also pick two utility companies you like for US and 2 for CDN exposure?

Q: Do you think KraftHeinz is a contrarian buy now? What do you view it in the long term?

Q: I already own premium brand and saputo. I would like to add other food companies distributing to grocery stores. Any top picks come to mind? I would prefer large cap / core holding type but would consider smaller companies based on your recommendation. Does this thesis make sense in this environment? Thank you!

Q: hello 5i:
I'm considering selling RAY.A, just to get rid of a really weak stock, and something that has become a very small holding in the portfolio. One thing is holding me back, and that is the dividend and its safety. Can you discuss how RAY.A has been impacted and look forward? I believe that a company that can continue to pay a decent dividend will be (even more) valuable with interest rates falling. That might be double edged if interest rates begin to rise quickly.
thanks
Paul L

Q: Bank dividends, now that banks in Europe are suspending div and JPM is talking about doing the same do you see this rolling over into Canadian banks. If so how much impact on share price as so many of us rely on the Div.

Thanks for you view.

Q: I have a little Brookfield Infrastrucure, and was thinking of buying more. I'm concerned, though, about short and medium-term risk given they have holdings such as timber (the demand for which has fallen), gas transmission lines (the value of which rises and falls with price), toll roads (which aren't getting much use), and rail lines that require coal demand. Do you think their next quarterly report will show a drastic downturn beyond what most people are expecting?

Q: Hi 5i,

All other things being equal, wouldn't BIPC be superior over BIP.UN because of tax implications and greater accessibility by a wider range of investors?

I ask because I noticed over the last few trading days, BIP.UN has traded at a slight premium over BIPC. I would think it would be the opposite. Maybe some investors are doing portfolio clean up after the split and selling the small amounts of BIPC they have?

Personally I think BIPC is the better one to own?

TIA!
Wayne