It's down substantially in our grand children's RESP, so we probably should just hang on as it's only 3.2% of a well diversified portfolio that won't be needed for over four years.
However, in my RRIF that holds many 5i recommendations, I'm still up over 8% as it's been a long-term holding. Should I hang on and "hope for the best", or swap it for another divided paying financial stock that has better prospects going forward? (We hold BNS in a margin account).
Q: Which of the following would you select at this time for an income account: AFN, AD, CSH.UN, CHE.UN? Sector concentration is not an issue. Thanks, Barrie
Q: HCG took a big hit today on downgrades. Yet its ROE is still above 20% and it is a dividend grower. Concerns are over lack of growth of new single family mortgages and conservative policies. I would look at this conservative approach as positive in present housing market. I have a small position in HCG. Should I panic or use this low price as a buying opportunity? Thank you.
Q: I am looking at Gamehost to add for income. Two areas of concern are the current ratio of 0.57 for which you give a rating of C plus, and the possible weakening of the Alberta economy. In the case of the current ratio they have recorded a large amount for current portion of long term debt. Does this mean they will pay out this amount shortly?
Also on the Alberta economy,I am wondering what indicators you are monitoring that would cause you to lower your rating?
Many thanks
Mike
Q: Good morning team, Would you please comment on HCG's update on origination volumes. What would be your recommendation and rating now that this news is out?
Thank you!
Q: I have recently renewed my membership for another year and thank you guys for helping to keep me on track in a complicated investing environment! My question - Could you please suggest half a dozen Canadian companies, in addition to the Canadian Banks, that pay a decent dividend and do at least 50% of their business in the United States. These companies must not be involved in the oil and gas industry and must not be headquartered in Alberta. Many thanks!
I would like your opinion on adding one or two steady eddys that pay a decent dividend along with some growth potential. Would FTS and TRI fit our needs, or do you have better suggestions. Thanks, Ted
Q: Hey folks, you have an update out on AFN rating it a B. Could you please compare AFN to AGT. Which is more stable? Which has more growth? With AFN at B, what would you rate AGT? Thanks for your comments.
I'm looking at adding a growth stock with a modest yield to my RRSP over the next few months before October. Why would you recommend at today's prices from the following: Constellation Software, CCL Industries, Brookfield Asset Management or Magna. I know the companies and sectors are all a bit diverse, but I have room to add to all of these sectors without being overweight. I'm leaning towards Magna, but I wanted your opinion.
Q: Good Morning.
On July 6, you indicated to Peter that BOS is Materials or Industrials.
TSX says it is Consumer Cyclicals.
Your final decision? Thank you. sarah
Q: Hello Peter & Co,
Would AFN fit as a single stock holding (combination of yield and growth) for exposure to the Agricultural segment? If not, which?
Thanks,
Antoine
Q: I am thinking of buying Stella Jones (in a registered account) soon. I see your A- rating and think it will be a good solid company. Hoping you could advise me if this is a good time to buy it? Thanks very much
Marilyn