Investment Q&A

Q: I have two stocks in a registered account that seem to have stalled: J and HD. Both are up over time (J up 50%, HD 75%) but there hasn't been much movement lately. Given the absence of tax consequences, is it time to move on? And if yes, please provide two US industrials and two US consumer cyclicals to replace them. (AMZN already held.) Thank you.

Q: The iShares Large Cap Max Buffer Jun ETF started trading on Monday under the ticker symbol 'MAXJ' with a net expense ratio - expenses after waivers and reimbursements - of 0.50%.

Your opinion/advise for the investor who knows nothing about the stock market? Buy, don't buy?

Don't like the expense ratio.

Thank you.

Q: So it looks like we are heading into a real electric energy shortage in the US. What utility companies are going to prosper into the next 5 years. Sad to think that coal is not showing any signs of a slow down.
Thanks Again

Q: Hi, These two stocks are off their recent lows but still trading significantly below their 52 week highs. Based on your comments, their valuations are still attractive compared to the historic average and their peers. Are there any near term catalysts, in your view, which could propel the stocks higher, back to their glory ?

Thank You

Q: Does 5i prefer one over the other for US staples exposure: VDC vs IYK ?
Thank you!

Q: Hi there do you know why RTX dropped by 10% over the past few weeks? Do you still consider it a good industrial stock?

Thanks!

Q: Would like to add to my holdings a well diversified growth ETF for a long term hold (10 years+). Have $25,000 to invest in my current $2 million portfolio of equities (20) and ETFs (5)
I am considering FCUV . Your comments on this ETF would very much be appreciated. Also is there any other ETF you would recommend .

Q: what are your best ideas for recent, and for no reason, significant dips on stock prices for great companies? (US or CAN)

Q: Can you please shed some Light on why Hammond is such a volatile trader? Aside from the big drop after earnings there are big swings in price on no news.
Thank you

Q: What are your 3 top Copper stocks Canadian or USA?

Q: Is the takeover good for shareholders and would you sell hold or buy more?

Q: No-one who ever bought BCE (including me) expected a >9% yield. If the fear is due to potential dividend cut and/or lack of growth, wouldn’t it be better for the company to just cut the dividend by 50% now and move on?

A 4.6% yield is still decent and maybe investors will actually make more in growth than they would have in income.

Q: The vast majority of my holdings are non-dividend paying growth stocks. The one exception is HMAX, which I purchased earlier this year for its 15% dividend. It is now 3.5% of my portfolio and I am contemplating increasing this to a full position. My reasoning is that most of the bad news in the banking/insurance sector has already been factored into the share price and that, overtime, HMAX's value will rise again. Meanwhile, I'll receive a healthy dividend. I bought HMAX at $13.67; today it's trading at $13. 24. Do you believe the dividend is safe (I'm aware it was reduced last year from 17%) and do you see the current price as a buying opportunity assuming one has patience, likes the dividend, holds no other banks or insurance companies and expects only moderate growth going forward? Thank you.

Q: Hi, The recent sale of 3 million shares by the owners' family members at $17.31 appears to have placed a near term top on the stock, which continues to trade well below this level and 20% down from their recent high of $20.80. Do you believe this to be the primary reason for its weakness and loss of momentum ? What should investors expect from the company in order for stock to break out of this impasse ?

Do you still see stock reaching $20-$25 level in 12-18 months ?

Thank You

Q: We own Emera, BCE and Telus in a dividend portfolio and notes these three stocks were down today by around 3 percent. Should we be concerned holding any of these three over the next three years primarily for dividend income? Are their dividends safe and valuations reasonable to hold and/or accumulate?

Q: I have held Harvest Canadian Equity Enhanced Income Leaders ETF (“HLFE”) but now see that Harvest is terminating this fund.
What would be the reason for this?
What should I be watching for in other ETFs that may be doing this?
They are paying out the proceeds to the remaining unit holders on July 5. How long before I see this in my brokerage account? Would I still be getting my usual monthly distribution on July8. I have emailed Harvest but yet to receive an answer.
Can you recommend a similar ETF to replace HLFE or should I simply add to my existing position of CNCL?

Q: Nurix Therapeutics Inc doesn't appear on your data base.

Kindly let us have your comments on this company.,

Thanks

Thomas

Q: I just initiated a position in NEE about a week ago. With the dividend cut forecast and now down about 4% in the past 5 days, do you still see NEE as a hold?

Q: Robo-advisor's.

What is your opinion?

Would you recommend the best one?

Thank you.

Q: I have 3 questions in relation to my plans for realizing a capital loss re: a Starbucks (SBUX) holding within a corporate account. So far in 2024, I have realized net capital gains of ~$260,000 (100%) within this corporate account (I did this so as to capture the 50% inclusion rate effective before June 25, 2024). However, I now wish to partially offset this realized gain by realizing a capital loss for this position in Starbucks, currently at ~$90,000 (100%) unrealized capital loss.
(A) Would the 66.67% inclusion rate apply for this SBUX loss, if realized, even if all the previously realized capital gains during 2024 are applied at the 50% inclusion rate? (I realize you are not accountants, but I do know that you are generally aware of basic accounting principles related to commonly encountered investment scenarios.) It is my understanding that the 66.67% inclusion rate would apply, for this loss after June 25, but I am hoping you can corroborate this.
(B) My plan is to reacquire the Starbucks shares, after 30 days; however, I am not sure whether to just hold the SBUX sale proceeds in cash, for the minimum >30 day period, or whether to switch temporarily into a similar type of investment—what would you consider to be a reasonable “proxy” for SBUX? (note—I already own a similarly-sized position in QSR as my current SBUX position). Or given the possible slowing of consumer spending, and frequent summer stock trading doldrums, would you rather just hold cash for the >30-day waiting period?
(C) Finally, I am always nervous when the >30-day waiting period overlaps with a company earnings announcement (potential for greater price volatility). It appears that the next likely earnings announcement date for SBUX is expected to be around August 6, 2024. In other words, I could either realize the SBUX loss in the next few days (e.g., settlement on July 3 or July 5), or else wait until after the early August earnings announcement. I am curious how you would think about and approach this issue?

Ted