Investment Q&A

Q: Hello Team,
I am overweight in technology growth names and have been caught in this “sector rotation” from growth to value. My question is do I now hold steady and ride out the storm, or trim back my growth holdings and switch to value? I am a buy and hold investor typically and believe the names I am invested in are best in class in what they do, and believe the way the world is going that technology will continue to advance and should be where the biggest growth is now and into the foreseeable future. So, with the names listed do I buy more , hold, or sell?Thanks for your input on the matter.

Q: Can I please have your comments and thoughts on Alibaba's recently announced earnings. Do you see it as a long term hold? Thank You.

Q: BABA & other Chinese Companies got hit from Trump's comment re not listing of Chinese Companies in New York. .Assume this would be for new listings and not effect Companies presently listed. This downward move effects U S Pension Funds and U S Citizens that hold Chinese companies . Not a smart move. China holds $ 1 4 Trillion US Treasuries. All they have to do is start selling these U S treasuries in retaliation to his moves. Your comments please .
RAK

Q: AMZN has been pretty flat for the last year. I've held BABA for a while now and am around the break even point. Would you advise selling BABA and buying Amazon?

Q: Hello - any idea when the purported split will occur?

Q: Hi,
Looking to decrease the number of holdings in the above listed stocks. Which 2 would you sell?
Thank you,
Brent

Q: I am thinking of shifting my portfolio to overweight Chinese equities such as Baidu, Ctrip, Iqiyi, NIO, JD.com, BABA, Tencent. I have a very high risk tolerance and these are all long term holds 10+ years if needed. Couple of questions, firstly any red flags in any of these names. Secondly, what do you think of Chinese equities in general? My thesis is that the Chinese market sold off aggressively last year and valuations look cheap. Trade wars seems to have been priced in and if we get some type of deal potential upside there. I know the economy is slowing, but I believe this is priced in also as thats all I hear almost on a daily basis from BNN, Bloomberg, CNBC, etc. Also, the possibility of stimulus and rate cuts seem bullish for the equities. Your thoughts? Thank you.

Q: I'm in China for a few weeks, and I am astounded at the payment system. The only place I've been able to use my Visa card is Starbucks. For me, everything else is cash, because I am not set up for the point-of-sale system here. Aside from the few foreigners paying cash, this is truly a cashless society. Each vendor has a scan code sticker - Purchasers use their phone, scan the code, and pay the bill in one easy step. Do you know which companies are behind this system?

Q: Hi Peter, Ryan,
Thanks for the great service Peter and Ryan. It is trying times for portfolios

We picked up AMZN (2%), KXS (1%), ZCH (2%) and GOOGL (1%) in the last few days. Also owned is BABA (3%), NVDA (2%). We have 25% in cash available. Is tech recommended to be 15% or 20% of a portfolio as of today with all the recent drops? I am going against the grain here for a bump up in 2019. Of AMZN, BABA, KXS, GOOGL, FB, MFST, BIDU, & PHO, and an outlier BYD.UN which 2-3 stocks are most appealing for a recovery?

Cheers
Jerry and Debbie

Q: Looks like it is good time to buy Chinese stocks?,
After scary month of October most of us are very low in our total equity at the sometime some stocks have become very good buy but we need your opinion before we buy.

Q: I have some spare cash. Risk taker. In light of the recent pullback, would you suggest some growth securities preferably outside of Canada and USA for TFSA? The latter has to do with issues with US estate taxes for holding individual US stocks in personal accounts. ZQQ would be OK as it is Canadian domiciled but invested in USA situs property. Thanks.

Q: I utilized tax loss selling for BABA in cash portfolio, but I am also down 20% in my TFSA. I am tempted to hold until things improve, but it's hard to read the market. What is your advice, hold or sell?

Q: What would be best buy today. How would you rank them?

Thanks,
Milan

Q: In my cash account, I am down 22% on BABA, up 52% on ALGN and up 54% on TRHC . Would you claim a loss on BABA and buy either ALGN or TRHC? Sectors are not an issue. I do like BABA, but the war between Trump and China seems not to be resolved in the near future.

Q: Dear 5i Research,
I enjoy reading your watchlist questions. I am 67 years old, semi retired and enjoy doing my own investing through a discount brokerage over many years. I do have a high risk tolerance. My retirement income is CPP, OAS and my stock portfolio in 7 figures divided amongst 6 stocks. I am a very “concentrated” investor having gone from 30 plus stocks and ETF’s to only 6 stocks – Constellation Software (CSU), Alphabet (GOOG), Berkshire Hathaway (BRK-B), Amazon (AMZN), Alibaba (BABA), and Tencent (TCEHY). I follow them all closely. Should I be concerned about my high tech component and rather concentrated portfolio? What type of diversification if any would you recommend?

Q: I currently hold these stocks with a good profit in the American companies and a slight loss in the Chinese companies. While I know your focus is Canadian stocks I would appreciate comments on any or all of these holdings and, in particular, should any be sold if I plan to hold for a three to five years.
Please charge my account appropriately for the multiple stocks in my question.
With appreciation!

Q: Interesting article in Globe re Softbank. I am looking for some international growth prospects (especially outside of US). I hold Alibaba (which Softbank invested in recently according to article) and Tencent, the competition to Alibaba.
Would you add Softbank at this juncture given its current price?
Hold or sell Tencent?
Hold or sell Alibaba?
Thank you.

Q: Good morning,

I have questions regarding the taxation of foreign dividends. I know that for US dividends, the 15 % tax does not apply for stocks held in a RRSP, but does so in a TSFA or regular account.

- What about non US stocks listed in the US? Are they simply treated as a US stock since they are listed in the US or do other rules apply depending on where the company is based? Good examples would be stocks like LYG (UK) or BABA (China).

- More generally, is the deduction applied automatically when the dividend is paid or does it have to be declared manually by the shareholder on its annual tax report?

I understand fiscal matters are not your specialization, but I figure you or other members might have had the same questions at some point.

Thank you!

Q: Which of the above two securities would yo recommend for a 5 year hold and your reasons. Thank You.

Q: Could I have your opinion on this company would this pullback 10% be a good time for a half position do you think they have a long runway of growth and are they considerably cheaper than Amazon on a EPS basis thanks for professional service Greg