Investment Q&A

Q: looking for a fintech growth company with a 1-2 yr investment horizon. Could you pls comment on each.

Q: Retired, dividend-income investor who normally holds for the long term. I own a half position in Manulife and am down roughly 7%, including dividends. My long term plan was to sell MFC and rebuy a second Canadian Bank (I already have a full position in Royal Bank).

I have compared the various metrics (P/BV, P/CF, P/S, ROE, technicals, analysts estimates, etc.) for the above mentioned banks as well as against MFC.

Looking at the banks in isolation and already with a full position in RY, I've narrowed it down to either BNS (International exposure and current laggard due to Covid) or TD (more US exposure and 1 year laggard). Of the banks that I do not own, please rank them in order of the best total return over a sufficient period of time for Covid to have subsided (1-2 more years for improved vaccination coverage?). Do you agree with my rationale?

If you include MFC into the bank comparisons, where would you place MFC in the rankings? I have read to buy the banks when their P/E is < 11.0 and buy the insurance companies when their P/BV < 1.0. This would lead me to buy TD (P/E of 9.7) or keep MFC (P/BV of 1.0).

So...keep MFC versus take the loss in MFC and then buy BNS or TD? Your thoughts?

MFC is held in a taxable account and I have no problem taking a loss.

Thanks for your help....Steve

Q: Hello 5i,

Economical Insurance is demutualizing. Do you know if there will be access to the IPO for the small investor?

Q: Looking to get your thoughts on Smart Employee Benefits and Lifespeak. What is your assessment of these companies, long term outlook, and would you buy? Thanks.

Q: HI

Wondering about coinbase and its future. Bought in when it went public and it is down but slowly climbing. What do you think of this company going forward.

thanks
K&C

Q: I know that ranking banks often is like picking shades of the same colour. At this point in time do you feel there is any "clear" division amongst any of the banks for investing purposes? Can you give your order of preference and the magnitude of the gap between each choice.
Thanks,
Terry

Q: Given the prevalence of most major retailers aligning themselves with pay-now, pay-later providers do you see this as having a negative impact on Goeasy's competitive position in their marketplace?

Q: Hello 5I team: Do you like prospects at this time and entry level in the mid 78 range for bns?Tks Larry

Q: What is causing the sell off of Mastercard lately?
What is your outlook on the stock and what would be your entry point ?

Can I also get your view on visa too.
Thank you

Q: Thoughts on the quarter from VB. I am holding in TFSA looking for aggressive growth over 5 years. Does VB fit the bill or should I be moving on?
Thanks
Rob

Q: Regarding Greg's question on DLCG this morning ..... Where is the figure 29X earnings from ? I see 6X on Yahoo and Bloomberg ..... Could you clarify please ?

Q: Hello,last week this company had 2 upgrades by analysts one for 6.00 and 6.75with the average rec being $6.75 which would indicate almost a 100% gain,the stock is very thinly traded and really did nothing on this news,do you think there is value here for a 1-3 year hold more if it hits this target,could i get your thoughts on this company and any near term catalysts...thanks as always

Q: Katapult and other non-bank financials seem to be attracting greater investor attention. Which « have legs » per long-term growth from your perspective?

Q: How would you compare these two. Which would you prefer for growth and stability
Do you have any other suggestions?
Thank you.

Q: Good Morning,
I am searching for stable high dividend stocks for income, and I was wondering if Timbercreek Financial qualifies. How safe is their dividend? Have they ever cut it? What is the growth potential of this company? What is a good entry point.
Thanks for your service.
Jane

Q: Does the Affirm/Amazon arrangement have any implications for GSY. I wonder if you could explain in a bit more detail the current relationship between GSY and Affirm, and add some colour to what the future might hold for these relationships.

Q: Are NVEI and SQ’s payment platforms competitors of V and MA or complementary?

Thanks.

Q: Would like your thoughts on this small cap i have owned for a year just trading sideways EPS $ 3.43 PE $4.79 and pays a 2.7% div do you think this a BUY or a possible value trap thank you

Q: Peter,

Bank profits are massively up. Normally they suffer when the interest rate differential between the deposits and loans is as squeezed as much as it is now. What is the big reason for the huge profit jump? Is it simply the loan revenue from mortgage lending, the reversal of prior loss reserves , the wealth management areas or something else?

Thank you

Paul

Q: Hello,

Can you please comment on Affirm?

Thanks!