Investment Q&A

Q: shop reports Thursday. what are general expectations. what does 5i expect. last guidance seemed conservative. any issues that might surprise either good or bad

Q: Your thoughts on H & R as a long term hold for income, thanks

Q: Can I get an update on the earnings released today? The last q&a in March seemed negative but the report this morning seems to be a marked improvement.
Thank you.

Q: I have some US cash I'm looking to invest in a company that I feel would fair ok in a recession. What are your thoughts on Waste Management and Dollar General? Are there competitor's in their respective sector's you would prefer?

Q: Hi Peter,

We have TFII and WSP as equal weighted stocks. Is there enough difference between the two to retain both stocks in our RRSP's? If we were to consolidate, which stock would be preferred?

Thank you

Debbie and Jerry

Q: Why did the market react negatively to Bombardier's quarterly report? I didn't see anything that justified this drop.

Q: I've lost alot of money on this stock but it is gaining back some ground.
What is the outlook for this stock? Is it a good time to purchase more?

Q: On April 24 TIXT moved up considerably before dropping back down. The price went up about $2 before dropping back down. Something must have been rumoured to cause this type of jump. There does not seem to be any news to cause this type of move. Any ideas?

Q: Trying to build a long term bonds piece to my portfolio. Currently own small positions with ZFL and XLB. What addition add to or new buys should I make to continue adding to bonds?
After the FED's announcement what if bonds go up a lot? What if they go down a lot? Does that make a difference? Would you be a contrarian at this point? Please explain your position. Take as many credits as you see fit.
Thank you

Yves

Q: I have been fortunate to own the above names, some for not as long as I wish I did. When you look at their 10 year charts they are impressive. Can I ask you to list a few more Canadian and perhaps several U.S. stocks that maybe also pay a small dividend but that you consider must own names for long term growth? (I do own BN as well). Thank you as always.

Q: I am interested in income and currently hold 3% of ZWU and 3% of ZWC in my RIF. I would like to bring one of them up to a 5% holding and am looking for your opinion on which one to add to and why. Thanks, James

Q: What are the expectations for eps & revenue for Q on May 3.Is this a good time to buy and what is a good enty point? Txs for U usual great services & views

Q: I know you don't cover Chinese stocks and this one is quite volatile. But can you please advise if this stock exhibits any other signs of distress that might indicate it is possible for it to reach bankruptcy. Would you say that its balance sheet is over-leveraged, is there a worrying amount of insider sales, or other things that you would deem worrysome?
Thank you for any info you can provide, I really appreciate it.

Q: Hi Peter,

Paul Holden of CIBC Capital Markets raised his recommendation of Royal Bank of Canada and National Bank of Canada to outperform. He cited their capital levels, earnings diversification, and lower relative credit risk as the basis for his favourable recommendations.

However, he acknowledged there are risks to that assumption and that central banks could overshoot by tightening too aggressively and thus tip economies into recession; or they could move too cautiously and allow stagflation to take hold.

Holden’s models show the Big Six banks, could see their Fiscal 2023 earnings per share tumble 33 and 31 percent, respectively, in the recession and stagflation scenarios.

“Canadian bank stocks are not being priced for the same economic risks that have already been incorporated into the bond market and U.S. bank stocks. We are not calling for a 2023 recession as our base case, but we cannot simply dismiss that possibility as inconsequential. Our analysis shows there could be (roughly) 30 percent downside should a recession scenario transpire,” he wrote.

Do you agree with Paul Holden’s recommendation concerning the Royal Bank and National Bank as the best of the Big Six banks to own today? Please explain your rationale.

Second, in the event of a recession or stagflation scenario in Canada, do you agree with Paul Holden’s prediction that the Big Six bank stocks will tank by about 30%? Please explain your rationale.

Thanks

George

Q: I am about a 1.5 years away from retirement. Across all my my registered portfolios I have all 5 major banks, pretty well in equal %. An independent financial advisor suggested cutting this back to 2 banks.

My question to you is can to rank these 5 banks in order of what you would consider selling?

Thank you.

Q: Your thoughts please.

Q: Long Time Holder of Savaria since you first covered. Holding Long Term. Last month strong uptick on SIS. Any news or reason

Q: Well is really having a great run and I will soon need to trim my position. Any reason for todays almost 4% gain?
And what would be a good oportunity / alternative to invest in when I trim.
Thanks
John

Q: Good evening,

Due to an oversight I have three dividend paying US equities in my cash account. These dividends are subject to withholding taxes.

I’m not sure if this is up your alley but can these stocks be switched with Canadian dividend stocks (of equal value) in my RRIF?

Thanks in advance for your help.

Q: Could you please provide your thoughts on the latest quarterly report from Allied Properties. Is the fair value loss of $78 million on investment properties and investment properties held for sale a paper loss at this point only to be realized after a sale? Thanks.