Investment Q&A

Q: Good morning,

SHOP down ~ 12% on what I thought was a decent quarter. Guessing the earnings call may not have gone so well?

Q: Unity has me cooked. Any thoughts?

Q: Thoughts on recent earnings?

Q: I have watched many Youtube examples where jobs can be replaced with AI, whether it's call centers or financial analysts where Claude filled in forecasts exactly as an analyst would have. What stocks would you identify as leveraging the AI technology the most in the future? I would buy Anthropic if they were public (may occur this year yet). I'm assuming Google, Nvidia, but am I missing any? For example, Propel Holdings Inc uses AI... I would think that this would make Propel ahead of the game and be a very smart investment today.
Thank you,
Kevin

Q: In your opinion, the Stella AI announcement of today seems to demonstrates that Constellation can leverage AI as a growth driver rather than a threat. Given that the stock is currently under pressure due to misguided fears about software obsolescence, don't you think this is proof that CSU will dominate through its proprietary data? On a 3 to 5 years horizon, isn't this precisely the 'decisive moment' to accumulate a market leader at a discount?

Q: SHOP announced good earnings. I know call hasn't taken place yet but can you provide quick comment and what lies ahead for the stock over next 6 months. Was there anything really striking in the results that might serve as a big catalyst?

Q: Hello team,

Is Roku a buy or sell or hold? Why would it be a buy?

Thank you for being there for us all everyday!

Q: I must have been napping or looking in the wrong direction when these guys took off.

Lots of FOMO here. Can I still play? More upside potential?

Or look elsewhere for growth?

Perhaps similar but undervalued companies in this sector?

Thanks.

Q: Your opinion on buying it now.
Thanks Again

Q: what's causing SHOP to be so strong the past couple of days. I see no material news other than analysts reiterating their but=y ratings. Is it a run up before they report tomorrow? Might someone know something beforehand?

Q: Hello,

What are your thoughts on Microsoft at these levels and where would it rank in your pecking order?

Q: please rate these companies in order of best buy for 5 year hold.
thanks
don

Q: What you would say today to an investor who own shares of this enterprise : sell or hold? and why?

Thank tou very much in advance.

Q: QCOM How do you interpret the recent gap down after it reported its earnings on Feb 04? What is your view about this company in the future? Is it a good time to add?


Thanks a lot!

Q: Hi Peter and Team,

Peter, I enjoyed and learned a lot from your latest Financial Post article on AI.

The last question on HBDG was in May 2025. Its AUM is now $32,500,000. Is it big enough now, and is it a good ETF to safely play the AI theme?

Thanks as always for your insight.

Q: If you believe that the AI bubble will burst this year how might you position your portfolio to profit? I imagine picking defensive names, not owning companies with direct AI exposure, and owning precious metals is a start. If the bubble burst I would assume this would trigger a broader market selloff so not sure if there is a lot of places to hide. Would you consider any Put option strategies? Are there any other sectors/companies that would actually benefit from the bubble bursting? Thanks

Q: With all of the fear around software being made obsolete due to AI, are there any particular businesses that you might see as being inappropriately oversold in this mass sell-off? I’m specifically wondering about TOST, as it seems that because it is so integrated into restaurant ecosystems, this would be hard to replace with AI… any thoughts on this? Many thanks.

Q: Company is getting slaughtered after earnings. Do you see any long term potential for a patient investor?
Thanks

Q: Hello and thank you for all of your great work last week as we all navigated the flurry of earnings, particularly as it related to the big tech names.

I have been hearing more and more about Anthropic, and how much more potential it may have over the long term versus OpenAI. Some have suggested that comparing the two names now is like what happened ~ 25 years ago when there were comparisons being made about Netscape and HP. We all know who won that “battle”. But many commentators are suggesting that the entity that goes after “enterprise” will ultimately prevail - this is what happened with HP. And the entity that goes after consumer/retail will ultimately fail - this is what happened with Netscape. Some have even suggested that with the most recent funding round of OpenAI, where valuation is predicted to be ~ $850 billion, that this may in fact be the high water mark, and that it may very well be downhill from here.

So - my questions are as follows - (i) Who do you prefer longer term, OpenAI or Anthropic? And (ii), would you be concerned about MSFT with respect to the significant investment it has already made in OpenAI?

Q: Good Morning
With all the increases in Capex spending what specific stocks do you see as benefitting short and long term? This might seem like an obvious question but with all the negative momentum it needs asking. Thank you