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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I own Truist Financial (formerly BBT) and ever since it merged with Sun Trust it seems to have struggled. Now, with Covid-19, it is taking an inordinate beating. I'm wondering if taking on Sun Trust has been bad timing now because of the virus crisis. I also own BAC and they have a similar looking Balance sheet only with much bigger numbers. Can you have a look at their fundamentals to ascertain if they are healthy enough to survive this pandemic and be able to get to the other side or should I be cutting it loose.
Thanks, Carl
Read Answer Asked by Carl on April 17, 2020
Q: My question is regarding POW. It seems to have been hit harder than a lot of others in the financial sector. I figure IGM's low growth is likely a drag on the stock, and low interest rates aren't exactly helping GWO.

Would you be concerned about POW's lofty yield and whether or not the current dividend can be sustained in this environment?

Do you have any issue in bringing my portfolio weighting up to 5% in this stock at today's price?
Read Answer Asked by James on April 17, 2020
Q: Hi. I see in many responses related to Canadian banks that when you reply that you prefer bank a, b, c over bank X, is the a, b, c in order of preference? Sometimes the order changes from different responses.
Would you be able to list the Canadian banks in order of preference for a 5-10 year hold. I understand that in 6 or 12 months the order may change, but I'm looking today what it would be. Thanks
Read Answer Asked by Marco on April 15, 2020
Q: How do you rank these stocks for an investor starting a position in Canadian banks (minimum 5 year horizon)? Thanks.
Read Answer Asked by Ben on April 13, 2020
Q: Hi

I know you have recommended this in the past based on valuation and it has recently rebounded almost 100% off the lows.

As someone with a 5 year+ time horizon, but concerned about capital preservation, is this a good place to be right now

My concern is that if people are struggling to pay bills, rent, buy food, these loans will fall first.

A secondary concern given the present environment is government intervention to reduce the interest rates GSY can charge which would fundamentally impact the business.

Thoughts?
Read Answer Asked by Justin on April 13, 2020
Q: I hold both of these and believe they are in somewhat of the same business, and while both have only recovered to approx 1/2 of their previous highs before the virus problems, GSY has recovered substantially better in the last few days. Is there a problem with HCG or just a lagger at this point???

Many thanks for all your good advise
Ken
Read Answer Asked by KENNETH on April 13, 2020