Investment Q&A

Q: HPQ was slowly working its way higher until it was hit by a ten percent fall last week. the fall occurred, apparently, because of a new director coming in and the decision to cut a number of jobs. I was a bit puzzled by this and wondered about your thoughts on the company. It seems to me that investors often like cuts, as they are meant to produce more money. Yet, here it is a reason for a drop. Perhaps the people don't like the new president? but, you would think that he would have been well known by this time. Perhaps they think that the new policy of cuts from a new president may be reckless and its efficacy is uncertain? I have been thinking of opening a position in the hope it will soon recover that ten percent it lost. I don't want to have this stock as part of my permanent portfolio but simpy as a trade. are there any cautionary remarks you might make on this strategy?
thanks

Q: Hi,
Can I have your recommendation on a US bond etf?

Q: I am curiuos about your take on Pharmagreen Biotech

Q: Hello team,

Would you know of a financial inststution that would buy and sell gold coins in American funds?

Thanks
Stephen

Q: REM iShares I was watching Tyler Mordy explain this play on Market Call --- between long and short yields generating 8%
Your thoughts please.

Q: Will the distribution be reduced when the new (BIPC) shares come out or will we get the same distiribution that we currently get.

Q: What are your thoughts on Nutrien? I have seen it recently recommended by a few as an entry point for a recovery with a dividend. I have never invested in this company but have thought about it and have always been happy I did not invest in it as it has dissapointed.

Q: Could you give me a list of Canadian listed companies that pay dividends in USD. Thanks

Q: Looking for quieter, low beta investments in slightly alternative sectors. What do you think of the numbers for WTR?

Q: There was a recent reverse head and shoulder pattern along with two days of higher share volume than the ten day average. I will be adding shares if the share price climbs above $34.50. Also, I will be adding to my share count ( that was a full position before the recent pull back) and will be for a long term hold.
Your thoughts.
Clayton

Q: Greetings. In the past u have spoken positively of FSZ. Has your appraisal of this CO. changed or do/can You still recommend it as a buy today. Many thanks, Joseph.

Q: In response to an earlier question you indicated that Horizons would be converting HXS and other ETF's to a corporate structure because of federal government action. Would this new structure be suitable for an RRSP? I am looking for a Canadian ETF invested in US equities for a registered account where I do not lose the withholding tax and also like Horizon products thus far. Thanks.

Q: I would like to add to my position on this, but am concerned about the valuation.
According to Morningstar, consensus forward P/E is 17.67.
BUT, the TTM earnings are $2.24 per share. If the forward P/E is correct, the forward earnings would have to be north of $5 per share, which doesn't seem to me to be realistic.
What do you think is the forward P/E? If it is over 20, I would likely look elsewhere.
John

Q: Good day,

What would be your top 10 picks (ranked in order if possible) going forward for an
1. Income portfolio
2. Balanced portfolio
3. Growth portfolio (low-mid risk)

Thank you.

Q: Since TMTD US has no trading commissions now. Would it be better to open up a trading account for US stocks? Thus, switch or cancel my TD Waterhouse (Canadian) account in US dollars with $9.99 trading commissions on US stocks?

Q: Air Canada has demonstrated very good EPS growth and ROE for some time. Their stock has had a modest pullback, August through September, but seems to be gaining momentum again. Air Canada has the 2nd largest fleet of Max 737 in the world. Why wouldn't the grounding and route cancellations affect results. Q1 and Q2 results beat estimates. Q3 results, typically the largest reporting period, is due October 29. Do you think it will affect Q3 results? Would you take position now or wait until after October 29.

Q: Does your crystal ball predict a recession in the next six to twelve months.

Clayton

Q: MFC looks like a screaming buy on most metrics. Especially compared to historical valuation metrics. Would you prefer this over a bank and Why so cheap? Thank-you.

Q: I hold MSFT with significant profit. CSCO looks cheap by comparison(?). Would you consider a switch??

Q: We are presently holding:
Brookfield Infrastructure = 4%
Brookfield Renewable Energy =3%
Brookfield Properties =1%
of a total low seven figure RIF (mine) and RSP (Wife's) portfolio.
In your opinion is a combined total of 8% too high and or would I be better off switching all to BAM ? Normally I do not allow more than 5% to any one company.
Your opinion would be much appreciated.
Thanks