Investment Q&A

Q: Boralex BLX Enters into Definitive Agreement to be Acquired by Brookfield, alongside La Caisse for $9 billion

They never say which Brookfield entity will be the owner. Can you please tell me which it is...BIP, BEP, BN, or BAM ?

Thanks........ Paul K

Q: What do you make of VCX rocket-like rise? Too late to jump in?

I'm down on Broadcom, not by a lot but it has been stuck there for months. I'm thinking of selling and use proceeds for better plays. Your thoughts?

Thanks!

Q: Hello 5i Team,
I'm looking for 2 or 3 US high yield ETF's; which do you recommend?
Thanks,
Brent

Q: Hi 5i team,
The above stocks in the subject line have had a dismal year price wise (they actually have pulled back significantly over the last 6 months). May I please have your opinion if each of these stocks, is a buy, sell or hold and the rationales for your recommendations.
Thanks,
H

Q: Thoughts on this resource stock now that its price has pulled back somewhat?

Thnx 5I

Dave

Q: Everyone, do you have access to who is buying Lumine? Is it professionals or individuals? Also what percentage of buyers are professionals? Clayton

Q: I am a retiree in my 70s and my wife and I are considering downsizing to one floor living in a condo. And we might rent a higher end unit vs. buying. To fund the rent I am considering putting a considerable sum - seven figures - into HMAX from the proceeds of the house sale. This is entirely separate from my investment portfolio which is diversified. While you obviously can't comment on such a personal decision what can you tell me about the history of the Hamilton funds and their owners and can you comment on the covered call strategy and Hamilton's abilities to apply it. Any other upsides or downsides are welcome. Thank you.

Q: Did you see the video by Mohnish Pabrai (buffet-mimicker) where he talks about CSU being at a price where he would jump in ie 2300 range vs SP 500 and his meeting with the former ceo. He stated that they look at 50-70000 companies per 2 year cycle and estimates that 2% or so might be up for grabs( due to retirement ceos etc). He feels like you have mentioned that AI MIGHT be a significant tailwind for them. I have held for over 15 years and bought some along the way but wondering about accumulating new shares-- is 2300 a good price for accumulation ? This time i think i will also add some in my tfsa due to the tax consequences. Incidentally he has a 5% holding in his wagon equity etf, and he holds topicus and i think lumine group as well. Thanks for all the great suggestions over the years , really appreciate it.

Q: I am down approximately 20% on MDA in what seems to be a week.Do i hold this name ?Its also fallen 15% from its very recent secondary US oversubscribed offering.

Q: What do you think about the risk of this bond purchase? I am looking at holding to maturity (if not called).

Q: A Wall street Journal article today paint a dire picture for LNG supply for the next few years. "Even if the Trump administration and Iran agree to end the war soon, the consequences for the LNG market will be long-lasting—and even more profound than for oil, experts say."
Even if the war ends overnight, it will take the gas market much longer to return to normal than oil,” A lot of the slack in the system used to be picked up by LNG, so the knock-on effects are massive.

My question: what stocks do you see that will benefit from this shortage of LNG?

Q: I am considering selling some BAM to realize a loss and adding it to BN. Any info about CRA not accepting the loss due to the relationship between the 2? Also, any thought on which has the better prospects for total return in the next 2 -3 years; dividends are not important, just total return. Thank you for your excellent service.

Q: Some commentators have said that the recent court decision against Meta is equivalent to the decisions against tobacco companies a few decades ago. Your thoughts on potential ramifications of recent decisions in California and New Mexico, please.

Q: I get that HXS is a tax-efficient option for high earners in a non-registered account but are the higher fees (e.g., swap fee) worth it just to avoid the 15% withholding tax in a TFSA?

Q: In a recent article that I read, the focus was on filtering “companies with expected ROE expansion driven by improving margins and total asset turnover, not financial engineering.”

Among those at the top of his list, the one that interested me was MDT.

- Do you agree that MDT should see favourable ROE going forward?

- Any concerns about valuation or competition?

- Would you agree that the requirement for MDT's devices would be more resilient during recessionary times compared to other types of surgeries?

Q: Do you have any comments on this AI travel company that recently beat earnings, and was mentioned on BNN today. Also brokerages apparently have buy recommendations.
It is also down from its high.
Thank you

Steve

Q: Hi 5i Wonder team!

How do you feel about this company’s fundamentals as a pick and shovel option for critical mineral sector?
I know it’s just IPO’d so has a lot to prove but do you feel it has some compelling attributes? Such as a strong moat, good positioning, promising future revenue projections etc?

Thank you so incredibly much for your expertise particularly in such volatile times.

Q: If we enter a severe recession, what is the possibility of redemptions from companies such as CASH, being refused. Are there any other situations whereby funds held in an ETF like CASH, are not accessible.

Q: Greetings 5i, which one you you buy today, Micron or Intuit, and why the one over the other? Thank you.

Q: Hello Team 5i and Everyone,

Unless Trump pulls a rabbit out of his hat, from what I’ve been reading the closure of the Strait of Hormuz falls into the category of “too big to fail.” And since the price of oil affects nearly everything globally, one would assume that we’re likely to see price increases soon enough in nearly everything as it is passed onto the consumer. (Like food, unfortunately.)

In another service I subscribe to a member there has a background with global oil logistics. In their assessment, if the war ended today it would take 4 months to get the shipping lanes fixed. 6 months to restart the oil fields at 85% original flow. 4-5 years to fix the LNG plants. Meanwhile countries are starting to hoard oil and oil products too, which only adds to the global demand when we really need to be destroying that demand at the moment. They equated that we need to destroy as much oil demand as we reduced during covid, but this time we need to do it with price.

At least with the problem of the tariffs, if the current US administration had snapped their fingers at any point last year and got rid of them, in theory the problem would have been solved “instantly.” But that doesn’t seem to be the case here because of the drones and missiles hitting the oil refineries. And sadly, especially for the people living inside this war, this is turning into a pretty big mess.

So what I’ve been mulling over is:

What effect would prolonged higher energy costs due to the closure of the Strait of Hormuz have on the data centre & AI buildout, etc and the debt being used to finance these projects? I’m under the impression that the AI buildout is supporting the US’s economic growth at the moment. Also seems like Space X, Anthropic, Open AI are all trying to IPO this year as soon as possible. The KOSPI which is over-concentrated in semiconductors looks like it had a blow off top recently.

What other important potential problems have your attention at the moment that the increase in energy costs could exacerbate?

Any further comments would be appreciated.

Thank you & appreciate the big brains at Team 5i,

Sandra