Investment Q&A

Q: Greetings: On a few occasions, I can remember in an answer to a question it was stated that it is best if possible to avoid trading when the market first opens and 30 minutes before closing. Recently, it was stated that a lot of institutional and algorithmic trading is done in these time frames. Wouldn't that provide me with more liquidity, and in turn possible better purchase and sale prices? I cannot find the specific questions and answers, so if I am quoting you incorrectly, please excuse me. Please enlighten me on this subject. Also, could I get a link to Eric Nuttall's appearance on the money show on Dec 1. Thank you. BEN.

Q: Want to start a new position. Which do you prefer, QSR.CA or PBH.CA? What would be a good entry point for your choice? Thank you

Q: Hello, 5i - The auto industry seems to be recovering somewhat. Do you have insight into this? Thanks

Q: I am planning to sell these stocks for tax loss purposes. Can you suggest a proxy for each? I was thinking FTS for AQN, and possibly not buy it back, and perhaps not buying back OTEX either. Others planning to buy back after the 30 days. Your thoughts on whether or not buying back OTEX and AQN a good idea also appreciated.

thanks,

Q: Further to your answer today to my question, given the valuation, do you think SAP is a sell?

Thanks,

Q: What do you think of the recent short attack on the company? Any merits in the report?

Thanks,

Liping

Q: Hi, holding these three as my staples holdings. Current weights:

ATD - 2.44%
COST - 2.37%
PBH - 1.30%

Thinking of selling the laggard PBH and adding to ATD/COST or just maybe COST. What do you think about this? Is PBH a buy, sell, or hold? Can you compare the three in terms of valuation and which would be best going forward for growth.

Thanks!

Q: I am thinking about purchasing shares in some companies where the shares may be depressed currently due to year end tax selling. do you have any suggestions?

Q: Should an investor be concerned about the recent insider selling of shares? it seems like a lot.

Thanks for your service!

Q: I've read recently that digitalization has transformed MCD, and vastly improved margins in the process. I've also been reading how in general, robotics and automation is starting to get a toe-hold in some fast food restaurants.

This is asking a bit about looking into your crystal ball but do you see some similar positive transformation in either QSR and / or AW.UN in the future ?

I've also noticed that in recent responses to questions that you see value in these two names. I think QSR's P/E is about 21 which seems a bit on the high side. Is it ?

How well do companies like this do in a recession? One would think people would not have the extra cash to go eat at restaurants in that environment.

Q: NVDA or CRM or both?

TFII or TIH or both?

Q: Seems to me that the market must be offering up some strong, well run companies that, for some strange reason, are trading at much lower prices than what they deserve. These kinds companies pay a good dividend, have a strong balance sheet and their forward earnings look good and dependable. (perhaps you call these kinds of companies 'value' companies). Anway, here's my question, I would like to begin investing in them and would appreciate your opinion on a number of these value companies that I should consider adding to my portfolio. Perhaps 6 Canadian and 6 American. Thanks as always for your appreciated opinion.

Q: Is the current inverted yield curve predicting a recession in the next 6 months? Regards, Ron

Q: With a recent news release from NTR saying they want to establish a bigger presence in Brazil, do you think NPK would be a company they would consider for a take out. NPK announced today they are seeking a permit for a rail line.

Q: Hi, BNN had a guest on Friday last week, Javed Mirza, who is the Chief Technical Strategist with Canaccord Genuity. He mentioned of a bull market cycle from 2018 to 2022, where Energy stocks enjoyed some of the best gains. As per his analysis, a new 4 years bull market cycle began this year (2022-26), where the best sectors to own will be Materials, Industrials and Financials. Interestingly, as per his view, Energy sector, which he strongly recommended in early 2020, has already run its course and these stocks are not likely to get further traction ( he expressed same views for Suncor ). Addressing a question on Shopify, he compared the chart with Bosch ( Ex Valeant Pharma ) and suggested that SHOP stock could languish for many years and should end up like Valeant. His advice was to stay away from Energy Sector and stocks like SHOP. 2-3 years ago, Mr Mirza, during an appearance on BNN, made a strong case to own Constellation Software, and he was spot on. I think, his view on the 3 favorite sectors, Materials/Gold, Industrials and Financials make some sense, but his comments on Energy Sector and SHOP left me confused. Would appreciate your thoughts !! Thank You

Q: NWC is taking a small beating this morning following a downgrade to "hold". My understanding is that the reason for the "hold" is that the share price got too far ahead of itself. I suspect that 2023 performance guidance will be subdued. Is there anything I'm missing that warrants a drop of over 6% today?

CARL

Q: in your view is this company still a high risk and a distressed debt play ?

Q: why is this stock doing so well in the last 4-6 weeks? anything fundamental or just herd mentality?
I have a small position, add, sell or hold? thanks
Michael

Q: Could you please share your top 3 picks in the luxury goods "sector"? Please order starting with the best and a (very) brief reason for the pick (if I'm not asking too much and the time allows). Got interested because, it seems to me, that the wealthy and the luxury companies they're buying things from are doing just fine, recession or not.
Many thanks!

Q: I hold these in an RESP with the following weighting (BIP 18%, Goog 18% VGRO 23%, XAW 41%) and I am considering selling to purchase a 3 year GIC as my eldest child is approaching post-secondary education.

Which holding would you reduce?
Can you rank these holding in terms of risk?
Is there an alternative security other than a GIC that should be considered?

Thanks!