Investment Q&A

Q: Hello Peter and company,

Aside from Costco, can you recommend other U.S. retail stocks that you like for a long term hold?

Have a great long weekend
Angelo

Q: Hi,

I have a position in Lulu (slightly underwater) and ATZ (slight gain), but wondering if - all else equal - I should sell some Lulu and make ATZ a bigger allocation.

Can you compare them in terms of valuation, growth prospects, and any other general comments?

Also, how do you think the sector and Lulu/ATZ will do in a period of economic weakness and high inflation? My thoughts are that it is discretionary spending so that's not ideal, but also they should be able to pass on some inflation to the end user.

Some anecdotal thoughts - my good friend is a model and just started working for ATZ's new men's line. I asked him what he thought of the men's clothing he said it was really good, stylish, and thinks it will sell well. Take that with a grain of salt, but he's extremely fashionable and if he likes it that's definitely a good sign.

Thanks!

Q: Sold ATZ for tax loss. Is CROX a good proxy or would you recommend something else? Would you buy ATZ back later?

Q: Given your recent answer regarding CROX, I had a look at the sector and noticed big moves yesterday. Also many of these are very near lows for the year. My question is would you put money to work in the sector now? Do you have a few favourites and is there an ETF that emphasizes this retail/clothing part of consumer discretionary as opposed to something like XLY which emphasizes very different segments? Thank-you again.

Q: Hello, I am learning as I go, so maybe this is an uninformed question: if a stock that is traded on both the Canadian and U.S. market (e.g. FTS, AQN,BEPC), is purchased on the U.S. market, is that considered to be adding to my U.S. exposure? Is the exposure/allocation based on the market it is purchased in (CDN vs US) or is it based on the country that the company is located in as displayed in their profile details? My Canadian exposure is quite high right now, so i'm trying to learn to rebalance. thank you

Q: I am down 20 to 40 % on these equities.
I am considering harvesting a loss and moving to other names in their respective sectors. Please assess by my plan and provide any necessary input.
Swap LULU for CROX
Swap ADBE for CRM
Swap RCII for DKNG - I am less convinced it this third swap.

Thank you

Q: Hello 5I,
Could you list from more appealing to least appealing? And then at what price you would buy.
Thanks

Q: Hi,

Thanks for your service. Which one has more potential for the next 5+? And why?

Best,
Matt

Q: Do you like LULU today? For a long-term investor, would you step in today or what price would you do so? Thank you!

Q: Looking for an investment in the recreation space. Would you favour a company that was a manufacturer like VSTO, an outfitter like COLM or LULU, a travel agent like BKNG or EXPE, a retailer like DKS or BGFV or an operator like CWH? Or is there another suggestion you might have. Thanks.

Q: Which company do you believe has greater up-side in 2022: SLF or LWRK?

I currently hold both LULU (down 12%, TFSA) and ATZ (up 40%, cash account). Am contemplating:
* continuing to hold LULU
* selling LULU and buying more ATZ (thus raising my ATZ holding to 4.35%)
* selling LULU and purchasing AMZN. Your advice would be most welcome.

Thank you,

Maureen

Q: Thank you for your service and comments on Lulu’s quarter? Merry Christmas to the 5i team.

Q: A 6-month price chart for ATZ shows a 75% gain compared to 45% for LULU. Is ATZ that much better? I believe that you like both. Which would you buy today? Thanks as always.

Q: Accidentally I fell on an Aritzia store on Sunday in a shopping center. I was surprised at how few customers shopped in the store compare to others. The mall was packed. I found only few interesting choices and little inventory. I already have a half position in ATZ but I am now hesitant to take a full position. I would like to know the reasoning behind your strong recommendation. Thanks to your advice, my portfolio has never performed so well in 30 years.

Yves

Q: Good evening team,
I understand this answer may have been asked but I'm unable to locate your answer. If one was concerned about inflation what would be your sectors of choice to invest in? Additionally, can you kindly mention 5 stocks in both CDN and the US that may potentially help guard against inflation?

Cheers
Seamus

Q: What are your 5 favourite growth stocks in the US and CDN outside of Tech?
Thanks

Q: Hi there, I am looking to pick up a few positions. I am underweight in consumer cyclical, real estate, financials, energy, and US. I have no holding outside N.America. My investment profile is Balanced to growth-oriented.
I currently own the following in those categories:
ATZ, BRP, CELPH. COST, LULU, MG, PLC, TSU, X, RY, SLF
What stocks would you buy today?

As a side note, Is there a publication or investment service you would recommend, for US and international holdings?
Thanks for your advice.

Q: It seems to me that going forward inflation worries are real. Assuming my thesis is correct, I have read that one way for investors to protect their portfolios is to buy companies with "pricing power". What exactly is pricing power and can you give me a list of Canadian and American companies that currently have the most pricing power.

Q: If inflation is going to be a concern, do you have 5 company suggestions in the US and Canada that would have pricing and so earnings power? Thank you

Q: Which do you believe will show greater growth next year: LULU or AMZN? Thank you.