Investment Q&A

Q: What should we do about BYD? According to BNNbloomberg website BYD had $4.37 of earnings in the past 12 months. BYD still trades at 'beaten down" price of $170 so the PE is in the high 30's. When BYD had rapid growth a high multiple was warranted but growth has tapered off. Do you think that is temporary? If so, why? In the past I have purchased down under 180 and I have done well. But I am concerned that the market might not want to pay such ahigh PE for a company where growth may be more difficult going forward. There are still lots of mom and pop autobody shops that not to find a buyer so I am still some what positive on BYD. Is BYD having to pay too much to get owners to sell? Organic growth is no that strong with BYD is without their bolt on aquisitions I am not sure they can continue the grow that much. Do you agree?

Q: In your answer to Derek you mentioned GLXY is becoming the GS of crypto.

How does GLXY compare to COIN? How are they similar ? How are they different?

What other companies compete with GLXY? How serious a threat are thy to GLXY?

Thanks,

Q: Just a followup of my previous question, you have no problem to Add for these names at current level. Just wondering for how long you think to hold them? What are the signs that I need to sell?

Thanks in advance!

Q: please recommend three or four Canadian dollar ETFs that specialize in US based technology companies. Hopefully hedged & non-hedged. Thanks. …Cal

Q: Jim Cramer/CNBC says this is a good proxy for obtaining SpaceX shares. Can you please explain. Does SATS hold a large portion of SpaceX shares? Thanks for your great service!

Q: I have read your answer to a previous question on the recent TRI stock split. I am not a professional and don’t understand what is going on. Is there there is any downside to just keeping my stock and doing nothing?

Q: Hi Folks!!
In between eating chocolate this weekend, I was busy listening to investment podcasts. Both SMERY and QXO were mentioned as having good potential for future growth. The CEO of SM was given high accolades for his potential to build wealth. What are your thoughts as to the long term growth prospectus of these two companies?

Thanks,
Tamara

Q: I have a > 50% loss on NVO in an RSP, so I'm unable to harvest the tax loss. Do you feel I would break even faster if I, held, sold and bought a US dollar health ETF or LLY? I'm starting to think healthcare ETF, as if I pick the wrong horse, I can end up in the same situation again. What are your recommendations? Healthcare fits in best for my portfolio weightings.

Thanks

Q: Good afternoon.

Would you consider XAW a good quality core holding for a TSFA.
Please provide a couple of other ETF that would compare to this.
Thanks.

Q: Hi,

Further to my question - which mega cap will be a good addition to this group of RESP?

Thanks again.
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Q: My kids RESP currently hold CSU, SHOP, SIS, ATZ, XIC, BN, PNG, VTI. CSU was purchased at $3,250 and SHOP at $210. Is it wise to average down now or is there another one or two that will be good to add to this mix?

Thank you!

5i Research Answer:
We think it is a good mix of companies. Maybe adding one or two of the mega caps could make sense but overall we would be fine with picking away at these names after recent market weakness.

Q: Larry Gies' Madison Air targets $13.2 billion valuation in US IPO under the symbol "MAIR".

What does it do?

Your opinion on this one, buy or not?

Thank you

Q: The market is proving pretty resilient given the turmoil around the Iran war and the global impact to Oil markets and economies.

However, there are several additional underlying challenges already being experienced in the markets, like Govt Debt, fear of Inflation and increasing Interest Rates, bad credit, and so on…

I know this is a difficult question, but given the global disruption of the Iran War plus the current market concerns, do you feel that the recent minor pullback in the markets could soon expand into a correction of 10 to 20%??

The market seems to be on a knife’s edge right now and depending on the days headlines could change very quickly.

Thanks
Tim

Q: You have provided many insights with respect to GoEasy and its recent issues.

Given that PRL is involved in a similar credit market, do you consider PRL a Sell at this point? What is your view on PRL?

Thanks
Tim

Q: I have the above 3 ETF's. in various portfolios. On review it appears all 3 have quite similar top 10 holdings. Would like to reduce to one, any suggestions as to which one should be considered a hold. Yield is not important.

Q: Could not find this one in search?

Global X U.S. Electrification ETF

What does it do?

Buy or not?

Thank you.

Q: What is your opinion of FRMI?

Q: I currently have substantial unrealized gains in Suncor, Whitecap, Enbridge, and Canadian Natural Resources. Based on my overall portfolio and current market conditions, would you recommend reducing these positions, selling a portion, or continuing to hold them? I would appreciate your professional view.
Thanks Rick

Q: I saw ASTL as a top pick on BNN by Healy a couple of weeks ago. I don't like it when stocks don't have a dividend but I do like jumping into beat up stocks in my TSFA. It has done well since I bought it.
What is your short, medium and long term outlook on this one?

Q: If we get a bit of a pullback in oil prices, which oil stocks would you be attracted to for growth with dividends (any market cap)? Thanks

Q: Hello- following up on Raymond’s stock-lending question answered April 6 - so.. to reiterate, 5i’s perspective of risk(s) of stock lending are:
1)no voting rights and
2)loss of CIPF protection for the stock(s) lent out.

Anything else? (Liquidity risk?, unintended consequences?)

Thx.