Investment Q&A

Q: Good Afternoon
Today a well known analyst predicted, in the Globe and Mail, that we could get a correction on the TSX worst than the one in 2018 when the index fell 11.64 % if Trump implements his 25% tariff.
Further, if the tariffs stay longer, a TSX loss of 35%, as we saw in 2008, is possible.
What is your reaction to these comments and what is your prediction for the TSX in 2025 ?

Upvote 14

Read Answer Asked by Terry on January 09, 2025

Q: 5i,

With the caveats of personal advice a given.

I'm short materials and under represented in the financial sector.

Would you be comfortable adding PRL and LUG at 2% positions for growth.

This is a taxable account. Thank you.

Upvote 4

Read Answer Asked by Adam on January 09, 2025

• Vanguard Dividend Appreciation FTF (VIG $205.97)
  • $205.97 P/E (TTM): 53.74X Cap: $90.49B
  • View VIG Profile
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• Schwab US Dividend Equity ETF (SCHD $26.69)
  • $26.69 P/E (TTM): 33.91X Cap: $69.35B
  • View SCHD Profile
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Q: Which do you prefer for 2025 VIG vs SCHD?

Upvote 3

Read Answer Asked by Mike on January 09, 2025

• Tourmaline Oil Corp. (TOU $57.92)
  • $57.92 P/E (TTM): 17.09X Cap: $21.56B
  • View TOU Profile
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Q: Can you provide some background on this company’s special dividends and what to expect in future? How do you view this kind of less committed program of cash return when valuing a company?

Upvote 6

Read Answer Asked by Chris on January 09, 2025

• BMO S&P 500 Index ETF (ZSP $95.00)
  • $95.00 P/E (TTM): 57.09X Cap: $18.77B
  • View ZSP Profile
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• Vanguard S&P 500 Index ETF (VFV $154.08)
  • $154.08 P/E (TTM): 24.94X Cap: $23.83B
  • View VFV Profile
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• Vanguard S&P 500 ETF (VOO $577.55)
  • $577.55 P/E (TTM): 57.15X Cap: $666.59B
  • View VOO Profile
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• SPDR S&P 500 ETF Trust (SPY $628.28)
  • $628.28 P/E (TTM): 57.48X Cap: $657.32B
  • View SPY Profile
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Q: Is there a "Best" S&P500 Index ETF, or are all the same? Which has performed the best last year?

Thanks!

Upvote 5

Read Answer Asked by Austin on January 09, 2025

• iShares Silver Trust (SLV $34.38)
  • $34.38 Cap: $18.10B
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• Sprott Physical Silver (PHS.U)
  • View PHS.U Profile
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• Sprott Physical Silver Trust transferable redeemable units (PSLV.U $12.89)
  • $12.89 Cap: $6.16B
  • View PSLV.U Profile
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• Sprott Physical Silver Trust (PSLV $17.74)
  • $17.74 Cap: $8.58B
  • View PSLV Profile
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Q: Dear 5i:
Please provide your two choice picks for holding physical silver bullion. Also please explain the differences and similarities between the above. Would you provide your two choices for silver miners.
Thanks,
Ben.

Upvote 4

Read Answer Asked by BEN on January 09, 2025

• BMO Laddered Preferred Share Index ETF (ZPR $11.86)
  • $11.86 P/E (TTM): 11.07X Cap: $1.42B
  • View ZPR Profile
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• Global X Active Preferred Share ETF (HPR $10.05)
  • $10.05 P/E (TTM): 8.39X Cap: $937M
  • View HPR Profile
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• RBC Canadian Preferred Share ETF (RPF $23.54)
  • $23.54 P/E (TTM): 15.02X Cap: $593M
  • View RPF Profile
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• TD Active Preferred Share ETF (TPRF $12.09)
  • $12.09 P/E (TTM): 30.89X Cap: $351M
  • View TPRF Profile
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Q: Not only are preferred share ETFs seeming to hold their stability well of late but they're outperforming just about any other ETF I own, be they Canadian dividends, US tech, or international. Obviously, there's a market reason for this. Would you know it and whether it's likely to continue?

Upvote 3

Read Answer Asked by John on January 09, 2025

• Covalon Technologies Ltd. (COV $2.40)
  • $2.40 P/E (TTM): 17.5X Cap: $67M
  • View COV Profile
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• BeWhere Holdings Inc. (BEW $0.91)
  • $0.91 Cap: $79M
  • View BEW Profile
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• Happy Belly Food Group Inc. (HBFG $1.02)
  • $1.02 Cap: $132M
  • View HBFG Profile
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Q: Can you give your updated opinion on COV.V after its run since your comments over 6 months ago? If you were wanting to take a microcap position in these stocks, what order would that be in? Thx

Upvote 4

Read Answer Asked by Adam on January 09, 2025

• Theratechnologies Inc. (TH $4.36)
  • $4.36 Cap: $199M
  • View TH Profile
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Q: TH TSE $ 3.05 has been moving up. Do they have good drugs . Seems to be gaining attention RAK

Upvote 1

Read Answer Asked by bob on January 09, 2025

• Unity Software Inc. (U $34.15)
  • $34.15 Cap: $14.13B
  • View U Profile
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• Applovin Corporation (APP $378.90)
  • $378.90 P/E (TTM): 68.59X Cap: $133.66B
  • View APP Profile
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Q: Does APP have a moat at all?
Are there short sellers or is it a candidate for short sellers?
It employs AI but is there much risk that another firm uses AI to knock out its momentum?
What other risks do you see it has?

Upvote 2

Read Answer Asked by TOM on January 09, 2025

• iShares Core S&P 500 Index ETF (CAD-Hedged) (XSP $64.73)
  • $64.73 P/E (TTM): 57.87X Cap: $12.27B
  • View XSP Profile
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• Vanguard Dividend Appreciation FTF (VIG $205.97)
  • $205.97 P/E (TTM): 53.74X Cap: $90.49B
  • View VIG Profile
  • View Questions on VIG
• Vanguard Total International Stock (VXUS $69.21)
  • $69.21 P/E (TTM): 0.45X Cap: $93.07B
  • View VXUS Profile
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• Vanguard Balanced ETF Portfolio (VBAL $34.77)
  • $34.77 P/E (TTM): 20.32X Cap: $3.68B
  • View VBAL Profile
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• BMO S&P US Mid Cap Index ETF (ZMID $46.31)
  • $46.31 P/E (TTM): 35.93X Cap: $271M
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Q: Hi

My partner has funds to invest in a TFSA for a 3–5+-year hold starting now. Can you please suggest several diversified ETFs that would be worth considering both USD and CAD hedged that are likely to see growth, including any mid-cap ETFs to consider. Please also suggest any bond ETFs to consider providing balance.

Thank you for the great service!

Upvote 5

Read Answer Asked by Mark on January 09, 2025

• Suncor Energy Inc. (SU $53.90)
  • $53.90 P/E (TTM): 10.88X Cap: $66.11B
  • View SU Profile
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• ARC Resources Ltd. (ARX $27.38)
  • $27.38 P/E (TTM): 12.1X Cap: $6.01B
  • View ARX Profile
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Q: We currently own Arc Resources (900 sh.) which is 1.14% of our portfolio, and Suncor (100 sh) which is.26%. In rebalancing, we wonder if selling Su. to add to Arx.makes sense? Open to any other suggestions you have.
Thanks as always…and Happy New Year to the team! Lesley

Upvote 2

Read Answer Asked by Lesley on January 09, 2025

• Constellation Software Inc. (CSU $4,730.15)
  • $4,730.15 P/E (TTM): 98.53X Cap: $99.98B
  • View CSU Profile
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• Shopify Inc. Class A Subordinate Voting Shares (SHOP $173.16)
  • $173.16 P/E (TTM): 97.92X Cap: $212.29B
  • View SHOP Profile
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• Vitalhub Corp. (VHI $13.68)
  • $13.68 P/E (TTM): 300.67X Cap: $754M
  • View VHI Profile
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• Topicus.com Inc. (TOI $184.59)
  • $184.59 P/E (TTM): 97.02X Cap: $24.04B
  • View TOI Profile
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• Lumine Group Inc. (LMN $52.95)
  • $52.95 Cap: $13.37B
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Q: Hello 5i
I currently own CSU LMN TOI SHOP VHI (which I consider tech'ish).
Do you see a compelling reason to add any of the other tech holding from the 5i balanced or growth portfolios? Would you avoid the concentration of the CSU family in favour of others?

Upvote 19

Read Answer Asked by Dave on January 09, 2025

• Happy Belly Food Group Inc. (HBFG $1.02)
  • $1.02 Cap: $132M
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Q: Can you give your analysis of HBFG and if you see it as a good investment? If you can include whether the valuation is pricey after the big run up and any concerns with it being on the .CN exchange? Thx

Upvote 1

Read Answer Asked by Adam on January 09, 2025

• Global X Cash Maximizer Corporate Class ETF (HSAV $116.19)
  • $116.19 Cap: $1.90B
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• Global X USD High Interest Savings ETF (UCSH.U $50.07)
  • $50.07 Cap: $293M
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Q: Hi, I am parking some cash in an investment account both CAN and US $, I will not need the funds for quite a few years, I am thinking 50% of the amount in each account to PSA and PSU.U. Could you suggest a CAN etf and US etf that I should consider for the other 50% in each.

Upvote 5

Read Answer Asked by Peter on January 09, 2025

• Meta Platforms Inc. (META $765.51)
  • $765.51 P/E (TTM): 29.32X Cap: $1.95T
  • View META Profile
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• Shopify Inc. Class A Subordinate Voting Shares (SHOP $173.16)
  • $173.16 P/E (TTM): 97.92X Cap: $212.29B
  • View SHOP Profile
  • View Questions on SHOP
  • View Reports on SHOP
• Hammond Power Solutions Inc. Class A Subordinate Voting Shares (HPS.A $126.83)
  • $126.83 P/E (TTM): 18.62X Cap: $1.47B
  • View HPS.A Profile
  • View Questions on HPS.A
• The Trade Desk Inc. (TTD $87.32)
  • $87.32 P/E (TTM): 104.98X Cap: $44.11B
  • View TTD Profile
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• Brookfield Corporation Class A Limited Voting Shares (BN $92.55)
  • $92.55 P/E (TTM): 234.96X Cap: $148.46B
  • View BN Profile
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• Lumine Group Inc. (LMN $52.95)
  • $52.95 Cap: $13.37B
  • View LMN Profile
  • View Questions on LMN
  • View Reports on LMN

Q: Hi Team,
I hold the following stocks in my TFSA with the indicating weightings within the TFSA. BN (17.5%), HPS.A (6.4%), LMN (18.6%), META (26.3%), SHOP (13.9%), TTD (16.9%). I am looking for advice for what stock I should add for my 2025 contribution. Could I please have your 3 "best" ideas to add to my TFSA ranked in order. I am looking for something solid with high potential (multi bagger potential) with solid management. Another NVDA would be nice (not asking to much here..lol). Time frame would be 10yrs plus ( I am 45 aiming for the dream of freedom 55).

Thanks,
Shane.

Upvote 20

Read Answer Asked by Shane on January 09, 2025

• Everyday People Financial Corp. (EPF $0.69)
  • $0.69 Cap: $80M
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Q: What do you think about this company? They just announced their prepaid card programs and teaming up with Digital Commerce Bank. Is this company kind of similar to GoEasy, maybe even a take-over candidate?

Upvote 2

Read Answer Asked by Timothy on January 09, 2025

• TELUS Corporation (T $21.72)
  • $21.72 P/E (TTM): 27.27X Cap: $32.61B
  • View T Profile
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• BMO Monthly Income ETF (ZMI $17.62)
  • $17.62 P/E (TTM): 36.33X Cap: $160M
  • View ZMI Profile
  • View Questions on ZMI
• Dream Industrial Real Estate Investment Trust (DIR.UN $11.77)
  • $11.77 P/E (TTM): 26.77X Cap: $3.36B
  • View DIR.UN Profile
  • View Questions on DIR.UN
  • View Reports on DIR.UN

Q: Hi, I have these two stocks in my rrif account. Thinking of selling my two losers DIR and TELUS, and putting it in ZMI.
DIR and TELUS don’t seem to be doing much, while ZMI has US holdings, is steadily increasing in price with a good dividend.
This would be for a 5+ year period.. your thoughts please.

Upvote 5

Read Answer Asked by Brad on January 09, 2025

• Amazon.com Inc. (AMZN $213.69)
  • $213.69 P/E (TTM): 34.98X Cap: $2.25T
  • View AMZN Profile
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• Garmin Ltd. (Switzerland) (GRMN $227.44)
  • $227.44 P/E (TTM): 28.82X Cap: $43.41B
  • View GRMN Profile
  • View Questions on GRMN
• Micron Technology Inc. (MU $108.63)
  • $108.63 P/E (TTM): 25.03X Cap: $120.60B
  • View MU Profile
  • View Questions on MU
• NVIDIA Corporation (NVDA $178.03)
  • $178.03 P/E (TTM): 56.04X Cap: $4.39T
  • View NVDA Profile
  • View Questions on NVDA
• Booking Holdings Inc. (BKNG $5,443.97)
  • $5,443.97 P/E (TTM): 33.58X Cap: $177.47B
  • View BKNG Profile
  • View Questions on BKNG
• Jacobs Solutions Inc. (J $144.59)
  • $144.59 P/E (TTM): 38.53X Cap: $16.81B
  • View J Profile
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• Vertiv Holdings LLC Class A (VRT $138.46)
  • $138.46 P/E (TTM): 82.32X Cap: $53.53B
  • View VRT Profile
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• Trane Technologies plc (TT $428.77)
  • $428.77 P/E (TTM): 36.57X Cap: $96.56B
  • View TT Profile
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• RTX Corporation (RTX $156.23)
  • $156.23 P/E (TTM): 45.99X Cap: $210.65B
  • View RTX Profile
  • View Questions on RTX

Q: Happy New Year to all of you,
I am heavily weighted in US.. I would appreciate your thoughts for US investments under Trump, for next two years: what do you think will be the top 3 performing sectors? And, what would your top companies be in each sector? Thanks

Upvote 19

Read Answer Asked by Patrick on January 09, 2025

Q: 5i I have some US stocks in TFSA in US currency. I am going to trim down and keep cash In US account. Also trimming regular stock account in US dollars. would it be advatange to chage to Canadian dollars I bought these @1.38 us seing our dollar is is going down to reinvest in Canadian stocks. Would Norbert be better to use.Thank's 51.
amounts are 36,000. Us
and 20,000. US

Upvote 3

Read Answer Asked by Guy on January 09, 2025