Investment Q&A

Q: To this point in time LMN has been a solid performer in my TFSA. Recent results and some of your comments have "cooled" my expectations going forward.

Do you have 2 CDN and 2 US stocks for a TFSA 3 year plus hold that you feel will substantially outperform LMN.

Thanjs,

Terry

Q: Hi 5i
Could I have your top 2-3 highest conviction Industrials for each of US and Can markets.
Thanks

Q: Is Pres Trump pro Nuclear, I think he prefers Smaller Nuclear Plants With AI and EVS USA will need more power Is Nuclear the answer.

How to play please RAK

Q: If one were to compare CNR and CP.
1. in your opinion which one has better valuation?
2. in your opinion do you think they will be significantly negatively impacted with Trumps policies?
3. in your opinion which railway will be effected the least?

Q: My Consumer Cyclical sector is too low; I need to increase it. What are your Canadian recommendations in this sector at the moment? Thank you

Q: Just speculating on the possibility that propel could be bought out by one of the major banks in Canada-I don’t believe they offer a similar type of business and this seems like way to diversify a little

Q: I have a general question and am using CN Rail and CGI as examples.

These 2 companies have an average annual sales growth of less than 5% per year over the course of the last decade and their EPS is higher. In the last 5 years the average EPS growth has been in the double digits and their average sales growth less than 5%. I know they buy back shares every year but this can not account for such a large variance. I know they try to be more careful with expenses but you can’t cut expenses forever. You would normally think that EPS follows Sales (to some extent over the years). I know you like these companies and have a few questions.
1. Any idea what is behind the variance between sales and EPS. (Mid to low single digit sales growth and double-digit EPS growth.)
2. Considering such a variance, if average sales growth remains under 5% can these companies continue to compound our return in the double digits over time. Why would they continue to be good long term investments?
3. Anything else that may be worthwhile sharing.

Thanks.

Q: Should we worry about those recent earnings? Still hoping the real estate spinoff is worth the wait.

Q: I see that you sold 100% of your position in BRP in your model Growth Portfolio in October. I recognize that it is a cyclical company and having a rough patch right now, but in the past it has managed well through its cycles an prospered. I believe it is a quality company and I'm wondering why you sold it rather than riding it out with them? Thanks very much.

Q: Why has BRK.B increased it’s cash position to current levels? Clearly it is looking through the froth and exuberance right now. What might it see others do not?

Q: What ETF would you consider as a proxy to BCE with the goal of getting a somewhat higher payment of either dividend or interest, within an RRSP.

Thank you

Paul

Q: A year ago I asked for your assessment of the prospects of Fiserv. A year later it is up substantially. Given its share price gains and recent earnings release I would appreciate an update on your assessment of the company over 3-5 years. I would also like your opinion on this stock being a buy, hold, or time to take some profit off the table?

Thanks very much.

Dave

Q: I just noticed that XUU is an ETF of ETFs. Does increase the possible problems with ETFs, such as tracking errors, fees, and liquidity? Does it add further issues? Also, what are the taxation implications?

Thank you once again.

Q: My tech holdings consist of CSU, KSX, TOI, QQQ, XIT, & TEC. What other equites would you advise looking at so I am covered in all things tech related including AI, Cyber and Semi-conductors? My preference in this order is 1} ETF 2 } Mutual fund 3} Individual stocks.

Thank you

Paul

Q: Hi 5i
What is 5i opinion on DELL, would 5I be interested at the current SP and where do you see it going from here and also into earnings....
Currently share holder at $148, would 5i continue to hold on with an eye to the future or exit....

Have they been been affected by SMCI affair...

Thx

Q: I hold these stocks in a registered account. Both are down since the start of the year (2024). Is this a good opportunity to add. Long term hold. You thoughts Thanks David

Q: Please provide brief analysis on quarter and if this is still a stable LT hold with great capital allocators

Q: Thoughts on the quarter for Leon's. With a sluggish Canadian economy and curtailed immigration I am concerned about their ability to grow. That being said, management is excellent and they have the upcoming reit spinout. What should shareholders expect in the REIT spinout? Do you see some nice upside due to this or have most of the gains been made around the announcement.
Thanks Rob

Q: Good morning,

Please comment on ABX Q3 earnings announced last week.

Thanks,
George

Q: I'm considering a new position in MU and/or VRT. The latter has run up, the former hasn't recovered from the tech reversal. Would you favour either one for a new position, or if there is enough funds, would you try to own both? Thanks.