Q: Hello 5i team,
What is "consumer discretionary"; could you give me examples of securities in that sector? For example would you consider that LNR and MG which serve the auto industry belong to that sector? After all is the car not the ultimate consumer discretionary?
Tony
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Asked by Michael on September 10, 2014
Q: I have a 2% position in CFN, getting smaller daily. The recent plummet appears to be either capitulation or possibly a large shareholder exiting his position.
Is CFN getting into oversold territory and is it time to add some shares OR is this strategy like the proverbial "catching a falling knife"? At what point do you decide this was a bad investment, take your lumps and move on?
Q: A Sept. 09 2014 report from Veritas is recommending a Sell of Magna (MG) suggesting that their returns are going to be disappointing over the next 3 years. What are your thoughts on MG? I have owned for about 9 months, and was hoping to hold onto it for about another year or so. Do you think it is a stock that is still worth holding onto? It is about 2.5% of my portfolio. Thanks.
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Asked by MANFRED on September 09, 2014
Q: of the value stocks with momentum---which is your favorite, I already own chorus and am doing fine with it, I assume you will say trimac but it is thinly traded---hard to get in and out, so the question is which is your favorite. thanks dave
Q: To add to our income portfolio we are looking at purchasing BEP.UN and have read your favourable comments and 2013 report. We look at Google Finance, Morningstar and the TMX site and are a little confused by the very different numbers for eps, P/E,etc. Google Finance has a P/E of 102.27 and an eps of .31. The quarterly dividend is .42. ie not a very good payout ratio? Morningstar publishes a P/E TTM of 17.5. What is P/E TTM? Are you still favourable toward owning Bep.un.as a long term hold for income? Many thanks, Len
I'm a buy and hold investor and am up 25% on HCG, a riskier investment than my normal TD, SLF, Manulife, TELUS type investments. HCG has dropped of late and is making me nervous. Is it time to get out? What are its long term, say five year, prospects?
Q: G announced today a decrease of 60,000 oz of gold in the coming months.Should I sell or hold my G stock.I intend to buy it back, if and when it dips. When is the seasonal low in gold price.Thanks
Q: TFI TransForce calling! TFI phoned me Friday after market close. I missed the call but they left a message asking me to give them a call. (AS if!) This call came the day TFI hit an all time high and CSS was stuck in the mud. Insulting. I am taking heart that this might be an omen that not all is going as planned for the buyout as I own CSS and not TFI.
Q: WPK is one of the stocks in my portolio which I hold in part for its stability. It's not the kind of stock I expect to drop 5% on no news on an otherwise okay trading day. Is there some news?
Q: As I write this, AVO is up 4.75% today. With no announcements, one must check the charts and doing so, I see no reason to buy at this point. Prices are well below the downtrend line, is still below the 20 day MA (but is approaching it. Volumes are about even with the 100 day MA. Frankly, considering Avigilon's propensity for volatility, I will wait for it to muster significant volume to the upside before I'll consider a re-entry.
Q: I have a couple of preferred's(royal,Enbridge)with rate resets.These are part of my fixed income portfolio,but I am unsure about how they would be effected by a correction in the equity market.These are long term investments but I would like to be aware of how they might react.
Q: Stantec's planned 2 for 1 stock split is, according to the news release, 'to be effected by way of a stock dividend'. Is this a different approach to stock splits that I've experienced with other companies? I don't recall a dividend aspect in those cases. How will this work? Any tax implications? Thanks.
I have no exposure to the healthcare sector in my portfolio right now. Aside from Valeant and Catamaran, could you recommend a couple of stocks in Canada and a couple of stocks in the U.S. that look attractive from a valuation basis?