Investment Q&A

• iShares U.S. Financials ETF (IYF $129.88)
  • $129.88 P/E (TTM): 15.42X Cap: $4.27B
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Q: Seems like US banks could perform well this year. What would be a good ETF to best capture growth?

Upvote 5

Read Answer Asked by steve on January 22, 2025

• Strategy Inc (MSTR $166.63)
  • $166.63 P/E (TTM): 16.14X Cap: $50.70B
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• Neptune Digital Assets Corp. (NDA $0.84)
  • $0.84 Cap: $118M
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Q: Good morning

I saw yesterday that NDA really popped. Looks like from yesterday news they have secured a LOC and will be using it to acquire bitcoin. Similar to MSTR??

Where do you see the share price and earnings going over the next few years?

Jimmy

Upvote 3

Read Answer Asked by Jimmy on January 22, 2025

• Intact Financial Corporation (IFC $280.65)
  • $280.65 P/E (TTM): 23.55X Cap: $50.23B
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Q: Hi,
With insurance claims due to climate change appearing to increase rapidly, what is your take on the prospects of Intact as a property and casualty insurer. My thought would be that property insurance is a shrinking market as insurers appear to abandon markets due to increase risk (e.g., Florida and California). Even locally insurers are starting to refuse to cover properties against flooding. What is the long-term business case for investing in IFC? Thank you. Michael

Upvote 4

Read Answer Asked by Michael on January 21, 2025

• Brookfield Renewable Partners L.P. (BEP.UN $38.46)
  • $38.46 Cap: $25.29B
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• Brookfield Corporation Class A Limited Voting Shares (BN $62.33)
  • $62.33 P/E (TTM): 91.28X Cap: $141.16B
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Q: I am interested in the divergence in performance between BN and its associated companies including BEP.UN. I own BEP.UN and BIP.UN both of which have a history of strongly outperforming BN. More recently they have fallen off while BN has fluorished. Can you comment and what would be your advice on switching some holdings into BN?
Thanks

Upvote 11

Read Answer Asked by richard on January 20, 2025

• Toronto-Dominion Bank (The) (TD $126.82)
  • $126.82 P/E (TTM): 10.62X Cap: $214.76B
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Q: What do you think of the recent news from TD? I currently have a small position. Ok to add more?

Upvote 10

Read Answer Asked by Ed on January 18, 2025

Q: I have been advised to buy Ripple's XRP. What do you know about this crypto investment?

Upvote 1

Read Answer Asked by Susan on January 16, 2025

• Evolve US Banks Enhanced Yield Fund (CALL.B $18.51)
  • $18.51 P/E (TTM): 12.21X Cap: $11M
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• Evolve US Banks Enhanced Yield Fund (CALL $14.28)
  • $14.28 P/E (TTM): 12.21X Cap: $117M
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• Evolve US Banks Enhanced Yield Fund (CALL.U $16.41)
  • $16.41 P/E (TTM): 12.21X Cap: $9M
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Q: I have an enigma for you….
CALL.TO closed at C$4.13 today while CALL.U.TO closed at US$16.01.
If these are identical shares, both listed in Toronto, then the price difference should be the exchange rate - correct?
However, the equivalent USD shares are far more expensive than the CAD shares. This is the puzzle.
Could you explain this?
Which is the better buy, or would you not recommend either one?

Upvote 1

Read Answer Asked by Catherine on January 16, 2025

• GameStop Corporation (GME $22.13)
  • $22.13 P/E (TTM): 23.85X Cap: $9.51B
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• Robinhood Markets Inc. (HOOD $118.90)
  • $118.90 P/E (TTM): 49.79X Cap: $107.45B
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Q: HOOD I have noticed ads targeting the wealthy investor in addition to their meme/crypto traders. This seems to be a new company that is firing on all cylinders- time to add
to the recommended list?

Upvote 2

Read Answer Asked by Scott on January 16, 2025

• Intact Financial Corporation (IFC $280.65)
  • $280.65 P/E (TTM): 23.55X Cap: $50.23B
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• EQB Inc. (EQB $97.88)
  • $97.88 P/E (TTM): 14.8X Cap: $3.68B
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• Propel Holdings Inc. (PRL $23.84)
  • $23.84 P/E (TTM): 11.33X Cap: $964M
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Q: From a value perspective, what are your top two non-bank financial stocks these days?

Upvote 16

Read Answer Asked by David on January 16, 2025

• Upstart Holdings Inc. (UPST $47.65)
  • $47.65 P/E (TTM): 205.62X Cap: $4.80B
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• Affirm Holdings Inc. (AFRM $67.03)
  • $67.03 P/E (TTM): 101.89X Cap: $22.19B
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• Propel Holdings Inc. (PRL $23.84)
  • $23.84 P/E (TTM): 11.33X Cap: $964M
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• Sezzle Inc. (SEZL $67.69)
  • $67.69 Cap: $2.40B
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Q: Hi there,
Thanks for your past assistance.
I've done well with PRL and I'm wondering if Upstart has the same kind of trajectory.
Do you like this stock short and long term?
If not, can you please recommend an alternative?
Thanks!

Upvote 2

Read Answer Asked by Robin on January 16, 2025

Q: What are the metrics you focus on when evaluating asset managers?
In response to a question on Dec 20 you indicated BN is trading at a significant discount - could you pls. elaborate?
Thanks Hugh

Upvote 5

Read Answer Asked by Hugh on January 15, 2025

• KKR & Co. Inc. (KKR $134.72)
  • $134.72 P/E (TTM): 57.88X Cap: $121.75B
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• Blackstone Inc. (BX $151.67)
  • $151.67 P/E (TTM): 43.32X Cap: $111.63B
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• Apollo Global Management Inc. (APO $147.88)
  • $147.88 P/E (TTM): 21.58X Cap: $85.93B
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• VanEck BDC Income ETF (BIZD $14.71)
  • $14.71 P/E (TTM): 10.41X Cap: $1.59B
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Q: I own APO, BX and KKR in TFSA & Cash accounts = Mistake??? Should be in RIF??? Thinking of selling all and buying BIZD in my RIF. Does this make sense? Thanks!

Upvote 3

Read Answer Asked by Austin on January 15, 2025

• Trisura Group Ltd. (TSU $39.78)
  • $39.78 P/E (TTM): 15.66X Cap: $1.89B
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Q: Hello 5i

Can Trisura be affected by the California fires?

Thanks

Upvote 4

Read Answer Asked by Charles on January 15, 2025

• First National Financial Corporation (FN $47.98)
  • $47.98 P/E (TTM): 15.73X Cap: $2.87B
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• MCAN Mortgage Corporation (MKP $22.59)
  • $22.59 P/E (TTM): 13.86X Cap: $924M
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Q: Can I have your thoughts in putting some TFSA money into MKP, for a couple years, thinking it might be a place to invest while the world figures out where things are going. It pays good dividends, and lower interest rates, with increased construction, should provide some stability. Or, please suggest an alternative idea. Thank you

Upvote 2

Read Answer Asked by Grant on January 15, 2025

• JPMorgan Chase & Co. (JPM $320.01)
  • $320.01 P/E (TTM): 15.77X Cap: $867.09B
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• Morgan Stanley (MS $180.10)
  • $180.10 P/E (TTM): 18.28X Cap: $283.54B
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• Prudential Financial Inc. (PRU $117.31)
  • $117.31 P/E (TTM): 16.0X Cap: $45.58B
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Q: Hello 5i,


What would be your top 3 US Finance picks (best being 1st) in light of Trump's incoming presidency with reasons on your proposed selections. Thanks as always!

j,

Upvote 5

Read Answer Asked by Julie on January 15, 2025

• Bank of America Corporation (BAC $55.49)
  • $55.49 P/E (TTM): 15.07X Cap: $402.65B
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• Citigroup Inc. (C $112.78)
  • $112.78 P/E (TTM): 15.72X Cap: $200.03B
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• Toronto-Dominion Bank (The) (TD $126.82)
  • $126.82 P/E (TTM): 10.62X Cap: $214.76B
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• Bank of Montreal (BMO $182.20)
  • $182.20 P/E (TTM): 14.93X Cap: $128.52B
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Q: How would you rank BAC vs.C, and then vs a couple of Canadian banks, TD and BMO as examples.

Upvote 5

Read Answer Asked by Jim on January 14, 2025

• EQB Inc. (EQB $97.88)
  • $97.88 P/E (TTM): 14.8X Cap: $3.68B
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• Trisura Group Ltd. (TSU $39.78)
  • $39.78 P/E (TTM): 15.66X Cap: $1.89B
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Q: Which has more potential growth TSU or EQB?

Thanks for your service!

Upvote 5

Read Answer Asked by Ozzie on January 14, 2025

• Sun Life Financial Inc. (SLF $83.77)
  • $83.77 P/E (TTM): 20.79X Cap: $46.35B
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• Intact Financial Corporation (IFC $280.65)
  • $280.65 P/E (TTM): 23.55X Cap: $50.23B
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• Definity Financial Corporation (DFY $74.43)
  • $74.43 P/E (TTM): 22.17X Cap: $8.97B
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Q: Are the California wildfire losses expected to have any impact on Canadian insurers, possibly as reinsurance partners?

Upvote 4

Read Answer Asked by Jeff on January 13, 2025

• First National Financial Corporation (FN $47.98)
  • $47.98 P/E (TTM): 15.73X Cap: $2.87B
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• Atrium Mortgage Investment Corporation (AI $11.53)
  • $11.53 P/E (TTM): 11.14X Cap: $550M
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• Firm Capital Mortgage Investment Corporation (FC $11.59)
  • $11.59 P/E (TTM): 11.35X Cap: $429M
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Q: Can you explain what a MIC is? what are the benefits and risks? How do you buy them? Any you would recommend?

Upvote 3

Read Answer Asked by Carla on January 13, 2025

• Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ $5.95)
  • $5.95 P/E (TTM): 23.72X Cap: $632M
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Q: Is FSZ a buy for income investors at this level?

Thank you!

Upvote 4

Read Answer Asked by Jim on January 13, 2025