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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: You are in a stock picking contest against a fellow investor named Joe. The contest is to pick 10 Canadian stocks that you must hold for 5 years. No trading. The winner will be the portfolio that has the highest total return including dividends over the 5 year period. Joe is somewhat conservative, so he likes to stick with large companies. He has selected ATD.B, BAM.A, CNR, CSU, RY, SHOP, SLF, T, TD, WSP as his 10 stock portfolio. What 10 Canadian stocks would you select to try to win the contest?
Read Answer Asked by Dan on July 30, 2021
Q: Can you provide your insights into this company?
Read Answer Asked by Denis on July 30, 2021
Q: My wife has full positions of BMO, ENB, LIF, POW and RSI in her RRIF. She has some cash to deploy, looking for quality income stocks with decent dividend yields. Would you have any suggestions?

Thank you!
Read Answer Asked by Chris on July 30, 2021
Q: Hi Peter
I sold FFH at 550 at around mid May for a small gain
it has now slowly declined to 510
I am aware that it is not a stock alot of people like, pays a small dividend
any fundamental /technical reasons of the decline from 550 to 510 in about 10
weeks time? I am considering of starting a partial position
and hope for a 10% gain for trade (hold for at least over 6 months)

thanks
Michael
Read Answer Asked by Michael on July 30, 2021
Q: I'm reviewing KXS today as it is a part of my portfolio. The feeling I've had in the last year, and stronger after looking today, is that KXS is a moderate revenue grower (up to 20% year over year recently and forecasted), but still valued comparible to high-fliers growing at 50+%. Based on the forecasted revenue growth, is the 20x sales multiple justified? It seems like a solid company and no debt issues, so this is simply a question on valuation. PEG is also very high. What am I missing, given that you know the company better than I, and the market right now is obviously seeing value that I'm not. I'd like to make a decision on this one before the next earnings come out in August.
Read Answer Asked by Kel on July 30, 2021
Q: Recent G&M article suggested that CIBC has initiated CDRs for Amazon and plans other U.S. stocks also; must one open a CIBC account to purchase this product or will it be available through other institutions? (on NEO exchange)
Read Answer Asked by don on July 30, 2021
Q: Good afternoon,

Does it make sense to add BEP and BIP if I already own BAM?

I'd be buying BEP to upgrade over my current PIF holding, and BIP seems interesting for a variety of reasons, just wondered if you think I'm covered with these essentially already with BAM.A? Thanks.
Read Answer Asked by Jeff on July 30, 2021
Q: Good day! Looking to add a growth position in Consumer Cyclical with either of DOO or DOL or any other you may suggest. Already own MG and ATZ. Which do you suggest and why. Thank you!
Read Answer Asked by Roger on July 30, 2021
Q: These units are down > 60% today after an announcement that the company is doing a debt exchange and suspending cash distributions on preferred shares. I find this very surprising as the units have been steadily going up and were trading at above par prior to the announcement. Doesn't the market typically anticipate such things (i.e. if there was any reason to believe the distribution would be cut or suspended, the units would not be trading anywhere close to par). Any thoughts on this, especially given that Brookfield owns the common shares and the debt but not the preferred? Where does that leave preferred unit holders? Would it be prudent to simply take my loss and exit the position? Thanks.
Read Answer Asked by Nick on July 30, 2021
Q: I am looking for exposure to REITs for some capital appreciation but primarily for income either through individual REITs or ETFs. Can you recommend some individual REITs and ETFs. Is this a good time to be buying REITs instead of bonds for income?
Read Answer Asked by Robert on July 30, 2021