Investment Q&A

Q: Hi !
What is your top rated growth stock for 2019?

Thanks, Dean

Q: As of today, what are your top 2 picks from each of your 3 portfolios?

Thanks as always

Dave

Q: Happy New Year Everyone at 5i! It is TFSA deposit time and I am looking for an addition to current holdings or a new addition for my son. At present he holds, ATD,BMO,BNS,ZWU,WEED,CCL,FTS,GWO,KXS,NFI,OTEX,PBH,SHOP,SPOT,VGT. His TFSA is going quite well so far (100K) and he has a very long term horizon. Your suggestions are welcome. Please subtract as may question credits as needed. Cheers, Tamara

Q: Hi 5i,

Happy New Year! Has anything fundamentally changed for TSGI since your latest report in June? What is it's current forward P/E? Why do you think the shares have performed so poorly? I am a bit hesitant to buy any due to the debt, but I like the best in class features the company offers.

Thanks!
Dave

Q: Star group I believe is a company that could be around for a long time. Its a market that the public like and enjoy using. Will be adding to this company soon but I can not find when is the next earning report .Could you help me with this .Thank you

Q: My portfolio closely resembles your Balanced Equity model. Last year in January I rebalanced to match, reasonably, the allocations of that model at that rime. Is that a good idea now? Are you planning a rebalance soon?

Q: PEO has held up well in this dismal market.It is a small holding for me at 2%.Do you think I could buy more?

Q: The markets have changed since the last report on Fiera Capital, what do you see for this company for the next 3 to 5 years?

Thank you,
Mike

Q: I am down sharply on ATS Automation. What is your longer term view for this company and would you add to a position now; present weighting 2.17%, or wait. Thanks.

Q: I have BNS 3% total weight, CCL.B 2.9 % total weight and TOY 1.7 % weight. I have some cash and can add to any of these 3 position. Should I add to all 3 or just add to TOY to bring it up to a 3% weight?
Thanks

Q: If you had to choose between these - which one would you choose and why?

Q: Hi,
Happy Holidays. Please deduct as many credits as needed. I mainly follow your balanced portfolio, some of your other two portfolios and some US stocks etc. I just transferred my pension to a LIRA and have 30% cash to invest. With this pull back the timing might work out well. Retirement is 12 years away and my husband has pension for the fixed income portion of retirement. I plan gradually start to deploy 20% of the cash (still hold 10% cash for now) and add to all my current half positions and increase my holdings back to full positions that been beaten down such as TCL.A, DOO, NFI etc. I am not sure about adding to the following and wonder if they are a show me story or a good opportunity. Their portfolio weights have dropped to roughly the 1% range all in registered accounts with no tax loss advantage. Would you add to the following or just wait:
FB
Photon
COV
DOL
ENB
BOX
Any other stocks in your Balanced portfolio that that you would not add to at this time? Does this plan sound ok? Any other suggestions/advice
Thanks,
Kerri

Q: I'm in the process of adding to/updating my consumer cyclical, materials as well as financial sector, with a tendency to a balanced vs. growth approach. I would like to add one stock of the below selection for each sector. Can you please give some guidance and as to why said particular stock should be selected?

C. Cyc.: GC / MG / TOY Materials: WEF / MX / CCL.B Financial: BNS / SLF / VB

Many thanks!

Q: Happy New Year Peter, Ryan and Team,

Thanks for all you do. Which stocks in the Model Balance Portfolio will you recommend adding the new 6k for TSFAs to?

I have them all with a few substitutions. Weighting and risk are not an issue.

Thank you,

Wes

Q: About a month ago, I sold these equities, with the only reason being to take a tax loss against gains I took earlier in the year. This has left me with some liquidity. What do you recommend regarding re-purchasing these companies, or waiting for a more stable or upward momentum. Generally, my portfolio follows your balanced equity portfolio.
Grazi,
c

Q: Team, if you we're trying to create a dividend growth portfolio of 8 Canadian stocks what names would you include for a long term hold.

Q: I know you don't have a crystal ball, but I'm starting to feel that COV may be another RHT. Any thoughts?

Q: MX stock appears to be strongly correlated to oil & gas price. Would you agree ? If so, do you expect this to continue in the long term ? Please comment.

Also, do you know why methanol usage appears to be mostly from Asia (more than 70% based on the November 2018 investor presentation - page 37) ? Thank you!

Q: Can you please comment on the payout ratios and free cash flow of these companies. As they are both growing and acquiring other companies, I thought the payout ratio was low. How would you rate their capital allocation over the last few years (cash flow, debt vs issuing new shares) ? Thank you!

Q: Why wouldn't you average down TSGI in the portfolio if you still like it and you are down 50%+ ?
Thx,
Silvia