Investment Q&A

Q: This is a question regarding portfolio composition, which I would describe as alpha-balanced. I have chosen not to invest in real estate (as I own a home) or materials (too volatile). I am overweight in Tech (17.5%), Industrials (19.25%) and Finance (22.3%). The other sectors are all at appropriate weights. I am somewhat concerned about having too much allocated to financials and seeking advice. The stocks I hold in relatively equal amounts are: BAM, BN, X, V and HMAX. (I hold HMAX strictly for the out-sized dividend with the expectation of little growth; with a solid dividend here, it frees up other funds to invest in more aggressive companies that don't pay dividends such as HPS.A and LMN.). Long story short: do I have too many eggs in one basket, or do my financials have sufficiently different drivers that you would be comfortable with this imbalance? Any other comments with regard to the strategy behind my chosen portfolio composition would be most welcome. Many thanks.

Q: TVK appears to have but one analyst - and it is 5i Research. The current share price is $44.51 but your data base shows a Target Price of $6.25 - and that figure has not changed since forever it seems !
I know you are not a fan of Target Prices , but perhaps you might care to speculate upon a likely price in say a year's time ?

Q: Hello. Have been a member for a few months and absolutely love the service you provide. I have 57k in RSP and 83k in TFSA ( cash ). could you suggest stocks / ETF's for best possible return on. investment over the long term. Thank you.

Q: Hi There,

Which 2-3 Canadian companies would you be adding to with your TFSA contribution this year?

Thanks

Q: Which 3-5 Canadian stocks would you be buying with your TFSA & FHSA contribution?
Thank you

Q: Hello 5i,

It seems as though in the last couple of months Tvk has caught your eye. What made you chang/decide to really start endorsing TVK (other than stock performance)?

Can you please provide your insight on Tvk’s business model, valuation, growth and future prospects.

Q: What are your top 5 small caps with early 2024 bounce potential with 3-5yr hold?

Q: I have the above stocks in my TSFA account. All about equal weighted. Which stock would you add the $7000 2024 contribution to?

Or do you not favour any of the above and have another suggestion?

Thanks for everything and happy Holidays to everyone.

Dave.

Q: Thoughts on these two results and forward outlook?

DOL - had a solid beat and raised guidance, guidance and growth look strong still. Stock down currently on the results.

TVK - sales beat, profit down, div up 20%. For growth and acquisition companies like this, do you like to see a 20% div increase vs other "better" capital allocation ideas such as buying back shares, re-investing capital into more organic growth, etc.. Thoughts? Looking to add more to a smallish position.

Thanks!

Q: Please comment on their quarter.

Thanks

Q: Looking at todays earnings report all seems to be going good here, I've held a small position for a while and have done nicely, loving the momentum and would like to add more, the liquidity is a bit of a concern. In your experience what typically helps improve liquidity and would you expect a slow and steady rise here in that regard and share price?

Q: If you were to pick quality compounders in the small cap space (US or Canada) like 3 mentioned, can you suggest a couple of good ones. I generally prefer long term horizon. Thanks. Shyam

Q: What are your top 4-5 Canadian small cap stocks, that you have on your watchlist?

Q: Considering a switch from PLC and/or CTS to TVK, and one of SIS or NPI for TSU. What are your general thoughts on either move - higher risk, higher reward?

Thanks in advance. - Jeff

Q: Would appreciate a couple of options for holding some U. S. $$ in a taxable investment account for at least one year. I am more interested in capital appreciation than in current .income in these interesting times. Sector not an issue. Could be individual securities or ETFs. Thanks for your continuing support. Bill

Q: Looking to invest a portion of available cash into solid smallish-cap companies that have yet to move towards their fair value that could be reached in a more positive part of the cycle - which I am guessing/assuming is coming. Please provide suggestion in either Canadian and/or US markets.

Q: I have seen several analysts commenting recently on how undervalued small cap stocks are compared to larger cap stocks. Some saying we are at the cheapest levels they have ever seen for small caps. If you were to put together a portfolio of 10-12 Canadian small cap stocks intending to benefit from a return to more typical valuations, which stocks would you include? Not thinking about highest risk types, like early phase biotech, exploration stage mining companies, but rather, for high quality, profitable, growing businesses.

Q: Your recent inclusion of the stock to the growth model tweaked my interest. The company was unknown to me. A q and a search showed that you have been positive on this company for a while. I checked out the charts. A two year chart shows a nice saucer and handle (consolidation) formation (though the handle a bit extended) through 2022 and mid 2023 and then the breakout. In July/August price jumps from, in round numbers, $27 to $37. October sees a 20% sell off but then there is a quick rebound back to the 37ish level (very positive). My question is, are you aware of any fundamental reason for the price increase in July/August? I have not been able, through my limited resources, to find one.
Thank you
Neil

Q: Reading through the questions and answers on a regular basis gives a good idea of a lot of the Canadian companies you favour as investments, such as CSU/LMN/TOI, GSY, SHOP, BN/BAM, SU/CNQ/TOU, WSP, TFII, SLF, ATD, BYD, TRI. I'm wondering if you have any seldom discussed Canadian stocks that you like, small cap, higher risk stocks OK. Some names that people might not be as familiar with that have some good upside potential. Companies producing good financial results that perhaps aren't fully recognized in the stock market.

Q: Do you continue to like TVK as a long term compounder? It's had a decent pull back to $32-33 off the highs. Would this be a good entry point? Recently announced a new credit facility but other than that, not much news still earnings back in Aug. What growth drivers do you see going forward? Looking to possibly sell GDI to buy TVK. Thanks!