Q: We have positions in the major banks and are wondering why BMO fell so much recently and has not recovered as well as CM, RY, TD and BNS. It holdssubstantial US assets and I feel that the strong US dollar should be a boost for it, compared to BNS, for example.
Q: Would you advise a switch from Goldman Sachs (GS) to Bank of America (BAC)? Bank of America seems cheaper on a P/B basis and no more expensive on forward P/E.
Q: HCG among others was just downgraded by Macquarie due to the drop in the Canadian dollar. Could you comment on the effect on these stocks which have primarily Canadian dollar earnings.
Q: I own both wealth management GS and FSZ.in my TFSA. In view of recent run up of GS and decline of FSZ, is it a good idea to take profit on GS and buying more FSZ? Thank you. Bill
I've had my eye on Element Financial for awhile now. I know you consider it expensive at this point. If you cannot recommend a price entry, can you advise of a metric or two you would watch before pulling the trigger?
How much faith do you have with Mr. Hudson as CEO? He seems to have big plans. My concern is his history. The Newcourt Credit Group that he had built didn't exactly end very well. Your thoughts?
Q: I am considering adding either CIX or AGF as a financial service portion of my portfolio. Both pay a decent dividend. Which one would have the better growth prospect. Could you recmmend another is this category that would have better growth prospects. Thanks.
Q: What affect should the financing deal between SVC and Canaccord have on their respective stocks? Does this deal change your recent review of Canaccord?
Thanks,
Murray
Q: Gluskin Sheff (GS)has had a great run and now appears to be giving back a bit of its earlier price increase. Is this a normal retracement? Is there rumour or pending news? Do you see this as a buying opportunity?
I look forward to your insightful response.
Ed
Q: Regarding the question about Fiera Capital's recent share price weakness, the 4-month hold came off yesterday from September's private placement financing which was done at $10.75. Possibly some investors taking gains off the table.
Q: Good morning
With the TSX market being so high after such a good run, what would be your choice for a large cap growth stock with a good yield for a TFSA account for retirees.
Thanks Jean
Q: Hi In Dec 31/08 I took a position in the Big 5 Can Banks.The current result are BMO +17.46% CM +19.56% BNS +11.61% TD +23.61%
RY+34.08%.BNS has for some reason lagged behind and lately since I enlarged my position in this stock it has been on a toboggan.
Even today the others are in green BNS red would you hold or should I cut my losses and move on ?
Stan
Q: We have full positions in the 5 major Canadian banks. I notice that the pundits reguarly recommend TD and BNS as the top picks, but I have found that BMO consistently beats BNS, growing more than BNS when the market is up and falling less when the market is down. I understand that BNS has more assets in the rather shaky Latin American countries but have never considered that an advantage. BMO has more interests in the US market, a much stronger market. It also pays a better dividend than BNS. Your thoughts?
Q: About aston hill,ahf
I am surprised that this stock has not been doing much.compared to stocks that compare like glusken.
What do you think of the outlook for aston and is it a buy here?
It has a nice dividend, is it save?
Do you also think it will be taken over?