Q: IFC's share price has been trending downwards of late. What seems to be the cause? As well, is it worth my while to wait for it to rebound - if I give it until the end of 2020? Thanks.
Q: What do you think of Lincoln National? Is the dividend "safe", Do you see it moving back to a pre-Covid level, are there better choices.
And, what stocks do you see thriving in a low/negative environment?
With the negative feeling about banks for loan loss, etc. I wonder if I should let go either TD or RY or both and take the loss, then watch to buy back later. the total market value is about 3.7% of my total portfolio, and each one is almost equal in market value. The loss in TD is 19+% and RY 15+%. I also own NA with a gain and only 1.5+% in my portfolio.
Q: Hello
I have owned some AIG stock for close to ten year now hopping it would recover from the financial recession like a J.P Morgan for example. Now with COVID it appears it will take some time maybe years before earnings get back on-track. Would you replace with Manulife/Sun Life and Intact this side of the border.
Q: With my holdings of Tech and Health Care at close to 20% each and a feeling that Financials (banks) and Industrials will be in a holding pattern for a while what do you think of a 2-3% holding in MCO at this time?
Thanks
Q: Can I get your analysis on q1 results and thoughts in general on this companies business lines especially during the pandemic? Is the company covering its dividend well? Thanks
Q: So with an imminent financial challenge ahead why would one buy any financials or keep them for that matter? I know the Canadian bank dividends are mostly rock solid but how can there be much growth with foreclosures and debt issues in the foreseeable future. After the current health situation subsides hopefully in a couple of years, one could go back into the banks to regain the diversification and dividends. Thanks for your valued insight.
Dennis
Q: What do you think the main reason for the current decline is among these banks. Is it fear of loan losses, fear of what the companies are to report next week or the sell in May mentality? How much pessimism is baked into these stocks already?
Thanks, Mike
Q: I have sold my banks and Riets expecting there will be a tsnamia of foreclosures
and bankruptcies in the coming months.I also feel the survivors are learning how
to do business with a lot less bricks and mortar.
What is your opinion ?
Thanks
Peter
Q: Not only B of A (today's Globe) but quite a few analysts and BNN Guests say that Canadian Banks are going to take a hit b/c of earnings, poor reserves, Loan write offs etc., With that in mind is it worth selling BNS,RBC,TD and buy them back later ? In RRSPs/TFSAs. So, capital gains/loss is a non issue. I "lose" 60 $ in trading fees. But selling now can save me from losing a lot more if they tumble a lot AND I don't have to wait for a longer period of time for them to recover. ( You know the cliché, if a stock goes down by 50%, I have to make 100% to break even!)