Investment Q&A

Q: Apparently the price for computation by DeepSeek R1 is $0.55 per million tokens compared to $15 per million tokens for OpenAI o1, which it is comparable to in terms of performance. This is about 97% cheaper.
I’ve been reading about Jevon’s paradox ie. as something gets cheaper, usage explodes.
But to my math usage will have to go up 33x to cover the difference in revenue to Nebius.
This will eventually happen, but short-term, aren’t we looking at revenues falling off a cliff for Nebius?

Q: Hi,

These are my energy holdings with TOU 2.7%, TVE 0.61% and WCP 0.48%. They've pretty much been flat for the last three years. Other than the dividends and special div's that TOU pay, what is the thesis for holding or adding to energy currently? I know valuations are low, but what will be the catalyst to get them moving again other than higher energy prices? I have TVK as well at a 3.9% holding and have included that in my energy allocation as well and its been a big winner. Looking at opportunity costs here from holding these energy names vs other names.

Thanks!

Q: Mid-20’s investor looking for your top 3 Canadian and top 3 US “buy and forget” compounders, regardless of sector, for a long-term hold within a TFSA. Can you please rank from 1 (highest confidence) to 6. Looking for companies that I can periodically but continually add to over time without worrying about having to be a “trader” and move into and out of positions as trends, themes and market momentum shift. I already have BN and NVDA (both of which may have been candidates for your top 6 list). Would this list be any different had the question been asked a week ago – before all the DeepSeek anxiety? Thanks.

Q: I am looking for a Canadian ETF with American exposure with a low mer. What do you suggest.
Thank you
Richard

Q: Two part question:

Assuming 25% tariffs come in, and assuming they will be longer rather than short term, will that affect the composition of the model portfoilios or the ratings of companies you have reports on?

In the worst case scenario, will there be any consideration given to "Trump proofing" a portfolio or a recommendation?

Cheers.

Q: Hi Peter and Team,

Our Technology exposure across all accounts is 20.52%, which is concerning me. Without selling any CSU or LMN, which I plan to keep 'forever', could you please rank the following ETFs in order of which to sell outright, or reduce. Each ETF is followed by the percentage of Technology stocks that it holds:

QQC.F (62.51%)
VFV (39.6%)
XGRO (21.06%)

We have some other ETFs that we want to keep, and their Technology holdings are all less than 15%.

The proceeds from the sale/reduction in the three ETFs above will be used to increase holdings in under represented sectors.

The three ETFs noted all have good profits. No commissions will have to be paid with these transactions.

Thanks as always for your insight.

Q: Good evening 5i Team,

If I were to scale back my positions in chip makers and AI related companies, would you please recommend a sector or sectors and your choice of companies to migrate into.

Thanks,
H

Q: If you owned shares in these companies,what would you do?If selling Silvercrest,what would you recommend as a replacement within the precious metals sector?Thanks.

Q: Hello,
Could you please comment on Celestica's results.
Looks like, the Co blew past estimates and raised their guidance, as well.
Stock is up 17%, in after hours trade at 5.30 PM.
We just started a 2% position, taking advantage of sharp drop, on Monday.
(Thank you for your prompt response, which really helped !! )
Will you be comfortable adding to the position or wait, for a 3-5 years hold ?

Thank You

Q: Hi - have some dry powder available to be able to invest. We're close enough to the orange-man implementing tariffs that I'm going to wait and see what happens next week before deploying. I'm guessing any decline in stocks will be felt more in Canada than the US, but I"m wondering what you think might take a hit and what Cdn & US companies you might look at buying should the market have a healthy pullback. Probably better to ask if/when things sell off, but I'm just trying to prep my shopping list. Thx.

Q: I apologized to your vast readership. KXS is down because I recently bought some. D-B

Q: Please explain how those Brookfield entities and others fit in a balance portfolio of stocks in terms of growth and income. What would be your ranking preference long term? Would you suggest other Brookfield companies to complete the picture?

Thank you for your great services

Q: How do you think these companies will do during a recession or if Trump tariffs are introduced? Are they relatively tariff proofed?
Looking for some stability for the next few years with some income.

Q: Canoe Energy Alpha Fund LP Class F Instrument Symbol(GOC15053.CF).

This fund is doing well lately and I don't know why. Do you have any thoughts on it? Thanks. It does not appear in your database although several other Canoe funds are listed.

Q: What are the prospects for BBUC. I am currently underwater! Thank you

Q: Hi there,

If you were to create a US Balanced Equity Portfolio using CDRs only, what would it look like?

Thank you!

Q: Uber shares are getting hit. Any reason. Do you like UBER as a Buy Thank you, RAK

Q: Hi Peter and 5i Team,

How would you rank these ETFs, XEI, XEQT, VFV, QDTE, for a 10 year hold?

Q: Can you please provide couple of names for great ESG ETF ( Canada and US or global) ? Thank you for your great services. Santoso

Q: Hi 5i,
May I please have your thoughts on the latest results from Nextracker?

Also, what are your thoughts of how the shift in sentiment away from renewables by the new US administration might affect this company in the coming year and then beyond that over the next few years?