Investment Q&A

Q: Looking for updated thoughts on Bird Construction, it seems since the Fall of 2022 this stock (up 3X) turned around and has a nice run of new contracts expanding into Nuclear work for the Ontario Government, which is intriguing among many other contracts for larger builds and a nice growing backlog.
Market Cap nearing 1 billion which you seem to like as more Investors consider it.
Do you know Management at all and what are your thoughts?
Who is their nearest competitor regardless of size and who is their closest in size and competition in Canada?
What is the biggest risk you see to this specific company?
If you had to choose between BDT or another North American company in the same space (non-residential construction exposure) if not BDT who are they?

Q: Hi Peter & team

My son is about to graduate and will be starting his first job shortly thereafter. He is going to have approx $100,000 to invest and he asked for my help. I am recommending he start a portfolio which includes HPS.A, GDI, TVK, GSY, BNS, EQB, SIS, ATS, KXS, TOI, ATZ, DOO, ENB, BTE, LMN. I am also going to suggest 10% be placed in CASH as a rainy day/opportunity fund he can add to. Is there anything else you would have me add? Is there any of these you would have me remove? And if 10% was focused into fixed Income, what would you recommend? Please deduct appropriate number of questions.

Thanks for all you do

gm

Q: Hello, if one had to sell one of the above stocks which one would it be and why, my time frame is 2-3 years.

Thank you

Q: Hi Peter, I'm holding NVEI and GSY in an RRSP currently with NVEI in a bigger loss position than GSY and was thinking of selling NEVI over GSY to add to my LMN position. I've read that you have NVEI as a hold at present. Would I loose much selling NVEI or GSY in exchange for the position in LMN and in what order would you sell if you had to. Please take as many credits for the question you think adequate. Thanks

Q: Hello Peter,

Sam Altman wants to raise $7T for AI chips in the future. He's looking to the UAE for investments. Thoughts, comments? Will this likely be a new private venture or is there a possibility that he may explore any current publicly traded firms to partner (in terms of funnelling cash into, etc.)?

Next, what are some names that could benefit from this current theme and or Sam and others from diving into the chip design, manufacturers, etc. What are your top names for years out in this space, and a few comments on each. Let's rock!

Finally, Cybersecurity and protection of critical infrastructure is and will be huge. Top names in this space, ranked in terms of future outperformance?

Q: I have these companies on my cash account , they all are doing good, but now I'm looking to sell 3 of them, so I can buy some BRK.B.
Which 3 would you let go. thank you.

Q: Been going with Denison mines for the last year and chart up around 50%. See Nexgen during the same period up around 75%. Good idea to switch?

Q: Hmm.a is a spin off hps.a. would you invest in one or both? If one ,which one and why?

Q: Are there a few Canadian and/or US companies that are “hiding in plain sight” that have the potential to be long term compounders similar to a CSU, MKL, ROP etc?

Q: G'morning 5i,

I'm sitting on a fairly substantial loss on GXE in my TFSA. In trying to decide what to do, I first waited for the strategic review to complete, hoping that something positive would come of that. When it didn't, I next decided to wait for its latest earnings report, hoping for something positive there but, from my review of the numbers and despite management's rosy outlook, I don't see anything re-assuring there. either.
My inclination is to sell, take the loss and do something useful with the now severely diminished funds.
Occasionally in the past when I've made that decision with a losing investment, hindsight has caused me to regret it, and I think perhaps I should have been alert to signs that a turnaround was in the offing.
From your objective perch do you see any reason to hold GXE given the milquetoast strategic review and what I interpret to be the less than satisfactory recent earnings report?
I look forward to your thoughts. Thank you.
Peter

Q: Hi,

One of the larger holdings in my portfolio is NVDA ~5%. I trimmed some NVDA last week and bought some VRT ~1%. Thinking of buying some SMCI as well. Do you think owning all three would be too correlated or would it be okay? Thinking of adding ~1% position to SMCI (seems to have settled down a bit here). If it were you, in what % would you allocate to each of the three names?

Also long AXON (nice results yesterday). Would like to add more but looks pricey at 68x p/e and 11x p/s. Thoughts?

Thanks!

Q: For a TFSA, what are the 10 U.S. stocks that you would recommend ?

Gratefully,

Jacques IDS

Q: Missed the recent webinar. Is it posted somewhere? Curious what the 4 picks were. Thanks

Q: My wife and I would like to convert our diversified portfolio of 20 active companies to a portfolio of ETFs. We are in our 70s and would like to simplify our portfolio.

We picture 5 to 10 ETFs.
One or two ETFs for all Canadian stocks, same for the USA and one or two for indexes outside North America.
As I say, we’re currently pretty well diversified and earning dividend income of around 5% and would like to continue around that level of yield and diversification.

What ETFs would you include? Is this a dream or can it really be done?
Many thanks for your research and opinion.
Frank

Q: I was in the process of trimming some holdings yesterday to buy Axon, but didn't get the buy in before end of day, so wondering whether to wait a bit for the stock to settle, or just get into it after the good earnings report.

Q: Feb 21th, you answered total return estimated per yr at 7% for the next 3/5 yrs. The cie has already 5.9% div. Does it mean the analysts anticipate a growth rate of only 1%/yr?

Thanks

Q: What's your opinion on Potbelly PBPB?

Thank you.

Q: Thoughts, benefits and implications of their merger, please, thanks.

Q: Hi guys,

Any recent for the recent drop in BIP?

Thanks

Q: I will be making a case to our investment club to replace CU with ENB..The portfolio mandate is conservative growth with above average dividends. How would you compare these two companies, what metrics would you use, how would you frame the presentation ?
Thanks. Derek.