Investment Q&A

Q: My 27 yo son has just had $36k CAD deposited into his LIRA. His portfolio is reasonably balanced, so don't let sector influence your response. I intend to convert some or all of it into USD using Norberts. I would like to invest in 3 or 4 stocks that in 30 - 35 years will be like investing in Apple 30 years ago. Plse give me some names to consider.

Q: Curious to get your take on what other companies (can and us listed) may benefit from people embracing the winter and outdoors this year. LL Bean just announced a spike in purchases of sleds, snow shoes etc in advance of the winter. Assume DOO will benefit, what about GOOS or maybe COLM. Any others I should look at?

Q: What would be your top picks today as a growth 3-5 plus years.
I have done well and held back 30% in cash after adding In a fair bit with the top picks you mentioned in the March /April special report (thank you )and I feel comfortable to add another 15 % To 20 % in.
Thanks for your great advice/ideas.
Paul

Q: Your thoughts on PNG? Its small....But is there opportunity?

Thanks as always

Dave

Q: Please comment on the US acquisition today.

Q: Please update your comments on Blackline as it appears about a year since last question.Thanks.

Q: this stock has had a huge run lately (TER, TerrAscend). It is underfollowed. Your thoughts please. Thanks

Q: Looking to add BAM.A and SHOP to the porffolio, which would you add first for a youngish investor in a TFSA? Is BAM.A going to be in the dog house for years to come? Does SHOP still have a long runway or have new investors largely missed the boat? Should one wait for a pull back on SHOP before stepping in? Also, considering the added cost of currency conversion, is there any reason to choose QQQ over HXS for in a TFSA? HXS is smaller, but is that much of an issue for retail investors? Please deduct credits as you see fit.
Thanks

Q: Somewhere in my past I read an article that proposed the idea that an investor should develop a list of 10 companies that are so well managed and poised for long-term growth that they could become a 'hold forever' portfolio. I guess you could call them the 'best of the best companies'. I'm 75 years old which seriously limits the amount of time for my investments to grow, so I have begun to think of my investments as ones that my children would benefit from inheriting.
Keeping all this in mind, I would greatly appreciate it if you would provide me with what you consider to be the absolute best 5 Canadian companies to buy AND although I realize you don't deal directly with American companies, the best 5 American companies to include in the portfolio.
Thank-you for your continued support and I would appreciate any suggestions you can give me.

Q: Hi group thanks for taking my question - its on W - the last 2 days have seen the stock come off 10% there was some news that they were buying some $700 Million of the stock back. I bought on dips over the last 2 days/add to my 2% position (now I have a full position . I figured it was lots of folks taking some profits because of the huge run up over the last 3 months (last quarter finally put them in making $ category. This stock should continue to benefit from the virus Can I have your thoughts Thanks PS I do realize that your do not focus on US stocks but would value your opinion anyway

Q: Kraken - Current earnings appear to show modest revenue despite a significant contract announcement some while ago, so I am wondering about the growth prospects for this company. What I would like to ask is whether the market for Kraken's products provide a good opportunity for growth or is it inherently small/limited in prospects?
Greenlane appears to be struggling to break even notwithstanding improving revenue, a (significantly?) larger backlog and what I would call an outstanding quote book which borders on the gigantic. How do you view the prospects for GRN as well as XBC, assuming they don't get Trumped like Questor?
Re DOC and WELL I have been trying to determine whether these two have the same/similar business models or not, as the more recent announcements by DOC have been on the acquisition of clinics to support a team, which appears to be a collaborative model for medical services, while WELL's emphasis appears to be on digital records and remote services. Do these two occupy the same space or are they inherently different and might one offer better prospects than the other?
Thank you for your responses.

Q: Hi team,
Any new information out there attributing to the 6% sell-off in WELL today. Seems a bit more than normal fluctuations.
Thanks again
Dave

Q: CRM looks like a great growth story. Does it still look attractive at the current prices. Are there any concerns regarding their financials? I have a small position but I am thinking about adding to this to make it a half position after yesterdays results. What are your thoughts?

Q: Are you aware of a reason for Cargojet's 3.7% drop today? Thank You.

Q: Could you please give your opinion of DOO's latest quarter?

Q: Can I get your opinion and analysis of Trulieve.
Thanks.

Q: Hi guys, what a day for Roku. Thanks for recommending that one. I currently hold roku, square, nvda, and docu. I was contemplating taking profits on a few of those winners and moving into other USA growth stocks. Can you give me your top pics at this time? I have a long term timeframe in mind. Thanks as always for your valuable advice.

Jason

Q: Why do you like Veev so much?how do you see them going forward?

Q: Good Afternoon,
I heard someone speaking on the tv today about REAL and how they have access to a large amount of data in regards to home inspections that need to be completed to qualify for refinancing. I have never thought of this angle before, all the homes out there that require a new roof, plumbing , windows etc. They are wondering how they can monetize this data . This could be very valuable data in the right hands, thoughts on this concept?
thanks

Q: My I have your opinion of their recent earnings report and you opinion of their future prospects? Would you consider this a growth stock based on the sector they operate in?