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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 have watched this stock go up and up and now have room in my TFSA ( where I hold my more growth focused stocks ) to purchase some. This would constitute 20% of my TFSA and 1% of my total cash and registered accounts.
Nothing has changed in my conviction of this stock ( positive ) and all the thoughts about Trump ( and Elon ) are positive regarding the sector. I guess the question is : is this the time to buy , is it at a fair valuation, are there company specifics that will drive the price higher ( or lower ) ? I see you still have it in your model portfolio so assume you still like it. I need ‘ my hand held ‘ in making this decision. Thanks . Derek.
Read Answer Asked by Derek on November 28, 2024
Q: From previous responses I am assuming you would buy BN over EQB for a long term hold.
My concern is buying BN after such a run.
Is there room for this run to continue based on its valuation?
I have found in the past you just buy the good ones and let them do what they do.
Is that the case here again.

Thinking of switching GSY for EQB for perhaps a little more stability and eliminate the risk of that interest rate cap adjustment potential.
Your detailed thoughts pls.
Read Answer Asked by Andrew on November 28, 2024
Q: The current price of GSY is tempting. Your market data shows a median target of $227 which is 33% over current. Earnings are expected to grow 20% next year ($20.28-16.91) which gives a forward P/E of 10 and that compares nicely to the 5 year low P/E of 7. Historically the stock has performed well, the 5 year CAGR for the stock price is 30% which doesn't include the dividend. While the numbers look tempting, the market is giving a big yawn and I wonder what I am missing that others aren't. Perhaps you could try to explain the yawn. Feel free to correct any of the numbers if Bloomberg is reporting something different.
Mike
Read Answer Asked by michael on November 26, 2024
Q: Hi 5i, "...Brookfield Corp. scrutinized for stake in Peru toll road project plagued by allegations of ‘corrupt practices’..."

https://www.thestar.com/business/brookfield-corp-scrutinized-for-stake-in-peru-toll-road-project-plagued-by-allegations-of-corrupt/article_9629182a-a364-11ef-8826-2b980726b1dd.html


There are many proofs that indicates Brookfield knew about Odebrecht corruption in Peru and went ahead an bought at reduced price 57% of "Rutas de LIma" (HighwayToll systems) , Can this harm Brookfield credibility, and integrity and the stock. Sell/Hold?
thanks
Read Answer Asked by Fernando on November 26, 2024
Q: I'm interested in an ETF - BANK-T - that holds mostly Canadian banks and major financial companies. I'm surprised that it's yield is about 14%+, and pays out monthly too. That seems to be too good to be true.

My question is how can BANK-T do it, consider the ETFs can only get cash from two sources - dividends from the stocks they hold and from trading gains of those stocks.

Kindly enlighten us on how they can afford to pay such hefty monthly payout? Thanks.
Read Answer Asked by Victor on November 25, 2024
Q: I'm trying to get my head around EQB . I've read 5i's analysis of the company but the part I don't understand is why would " Joe Sixpack " go to them for a car loan or to renew their mortgage rather than one of the big six ? ...... Not to mention I suspect " Joe Sixpack " has never heard of them . I also don't understand why or what a Credit Union would use them for ? ..... Could 5i explain just who their market is ? And why using EQB would be more attractive than a mainstream financial institution ? Thanks for your terrific service .......
Read Answer Asked by Garth on November 22, 2024