Investment Q&A

Q: It appears more and more likely that if current tariffs remain in place the USA and Canada are headed into recession. On average markets have dropped around 30% during past recessions. This would imply considerable further downside from current levels. Especially so if the Canadian markets are caught up in the same downdraft.
What is your current view on how far markets will drop from current levels? And Why? And do you still see less of a drop in Canadian markets as one of your previous posts would suggest. If so.,how would that be rationalized?
Is it too late to sell equities, or better to sell and limit further losses if a lot more downside is likely?

Upvote 10

Read Answer Asked by John on April 10, 2025

• Purpose High Interest Savings Fund (PSA $50.08)
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• CI High Interest Savings ETF (CSAV $50.10)
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• Global X Cash Maximizer Corporate Class ETF (HSAV $116.49)
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Q: Hi 5i, in mid-December 2024 I trimmed my overweight Mag 7 holdings and put the cash into a US high interest savings account. I am now concerned about a decline in the US$. My question: should I be and if so, can you suggest some alternative holding/investment suggestions? Thanks!

Upvote 2

Read Answer Asked by Martha on April 10, 2025

• Miscellaneous (MISC)
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• BMO S&P 500 Index ETF (ZSP $96.97)
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• iShares Core S&P/TSX Capped Composite Index ETF (XIC $44.84)
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• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $38.98)
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• Vanguard Balanced ETF Portfolio (VBAL $35.21)
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• BMO Nasdaq 100 Equity Index ETF (ZNQ $104.14)
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Q: What ETF would you buy to be long the market in this volatile environment (moderate risk - some income if possible)? If you can suggest 3 with a brief comment that would be great. Thank you.

Upvote 12

Read Answer Asked by Pierre on April 10, 2025

• Zedcor Inc. (ZDC $4.08)
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Q: This company seems exempt from much tariff impact according to their recent press release and since they're continuing to expand their manufacturing capabilities and growing into new US markets - how do you view this company going forward?

It seems expensive on a PE basis but wondering your thoughts.

Also - do you know when this company reports and the outlook for earnings?

Upvote 4

Read Answer Asked by Cathy on April 10, 2025

• Zedcor Inc. (ZDC $4.08)
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Q: Good morning, may I have your view of the latest results? Cheers

Upvote 5

Read Answer Asked by Seamus on April 10, 2025

• NexGen Energy Ltd. (NXE $9.13)
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• Cameco Corporation (CCJ $71.43)
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• Sprott Physical Uranium Trust (U.UN $22.61)
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• Sprott Uranium Miners ETF (URNM $45.10)
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Q: Can you rank these 4 in terms of upside over the next decade? Do you prefer the stocks, ETF's or the actual metal? Also, do you recommend any other that's not in this list?
Thanks

Upvote 3

Read Answer Asked by Rob on April 10, 2025

• Costco Wholesale Corporation (COST $969.68)
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• Alphabet Inc. (GOOG $200.62)
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• JPMorgan Chase & Co. (JPM $291.47)
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• Procter & Gamble Company (The) (PG $158.73)
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• Prudential Financial Inc. (PRU $107.17)
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• Williams Companies Inc. (The) (WMB $57.80)
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• Berkshire Hathaway Inc. (BRK.B $488.59)
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Q: What would be your top 10 US and Canadian stocks for a recession into 2028 with a 75% value ,25% growth protectionist portfolio strategy thanks

Upvote 23

Read Answer Asked by andre on April 10, 2025

• Canacol Energy Ltd. (CNE $1.64)
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Q: What are your current thoughts on CNE? Gas prices in Columbia have increased and the political situation doesn't seem as precarious as a few years ago.

Upvote 1

Read Answer Asked by Brendon on April 10, 2025

• CRISPR Therapeutics AG (CRSP $52.82)
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Q: You haven't reviewed CRISPR in over a year. Any new thoughts on prospects for further growth?

Upvote 2

Read Answer Asked by Murray on April 10, 2025

Q: I made a terrible mistake and shorted the stock market yesterday. Consequently, I am down BIG TIME. I need to cover my losses and sell some stocks. Which five of the following would you suggest selling if I am thinking long-term holds? Should I sell some of each? Which should I sell the most of?

Upvote 3

Read Answer Asked by Lucy on April 10, 2025

• Alphabet Inc. (GOOG $200.62)
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• Intuitive Surgical Inc. (ISRG $469.88)
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• NVIDIA Corporation (NVDA $174.98)
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• Booking Holdings Inc. (BKNG $5,710.74)
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Q: Can you suggest a few names with strong fundamentals and growth prospects in the long long which could be good picks in this bloodbath

Upvote 22

Read Answer Asked by HARRY on April 10, 2025

• ADF Group Inc. Subordinate Voting Shares (DRX $8.57)
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Q: Any thoughts about why the price of ADF Group is really tanking today? Today's quarterly result announcement seems pretty positive to me.

Upvote 5

Read Answer Asked by John on April 10, 2025

• Maple Leaf Foods Inc. (MFI $35.64)
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Q: Around Feb 25 the stock took a large upward jump.
On April 8th it dropped nearly 3%
Do you have any insight why the 2 significant movements?
Also to business questions:
i) what is the latest plan for divesting their pork business and
ii) they recently raised their dividend 9%. What is their payout ratio?
Thanks

Upvote 4

Read Answer Asked by Phil on April 10, 2025

Q: I'm sitting on some USD, if my thesis is the current situation will lower the value of the USD. Would you agree? Would you have a investment recommendation to guard against this?

thx for all the support

Upvote 3

Read Answer Asked by Roger on April 10, 2025

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• Microsoft CDR (CAD Hedged) (MSFT $36.25)
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Q: Hi, sorry for my apple to oranges question, but I’m thinking of selling Msft ( down) for tax loss and adding X for a long term hold. Would you be ok with this move, or do you feel Msft would be much better in the long term? Looking for the elusive combination of steady growth and stability.
Thanks

Upvote 2

Read Answer Asked by Brad on April 10, 2025

• Dream Industrial Real Estate Investment Trust (DIR.UN $12.26)
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Q: One of your favourite REITs is DIR.UN.
What are the reasons with respect to a drop of 15% for DIR.UN vs. a more modest drop of 8% for the ZRE during the last week ?
Are there any specific issues arising from tariffs?
Do you still recommend it?
Thanks

Upvote 11

Read Answer Asked by Terry on April 10, 2025

• BCE Inc. (BCE $35.72)
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• TELUS Corporation (T $23.01)
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Q: Hi 5i - what do you think the 10 year prospects are for BCE and Telus? Would you start or add to a position at current prices?

Thanks, Neil

Upvote 8

Read Answer Asked by Neil on April 10, 2025

• Freeport-McMoRan Inc. (FCX $41.72)
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• Rio Tinto Plc (RIO $61.30)
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Q: Hold both, at a loss.
1) sell RIO, buy back in a month.
2) sell RIO, plow proceeds into FCX.
3) do nothing.
4)?
Your advice'd be appreciated.
jerry

Upvote 1

Read Answer Asked by jery on April 10, 2025

• Constellation Software Inc. (CSU $4,438.01)
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• Descartes Systems Group Inc. (The) (DSG $137.82)
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• TFI International Inc. (TFII $126.63)
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• Capstone Copper Corp. (CS $9.30)
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• Vitalhub Corp. (VHI $12.93)
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• Galaxy Digital Inc. Class A common stock (GLXY $33.24)
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Q: I started accumulating positions in these the last couple of days with intentions of adding more. Was never able to get in at decent prices ever before. They have all bounced back today and are in green quite nicely which is great but they are only small positions and I wanted to buy more. Do I wait as this mess will give another chance to get in Or do i average up ? Any issues with anything on the list ?

Upvote 4

Read Answer Asked by Andre on April 10, 2025

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Q: What was the high for vix during Covid and what was the date?

Upvote 8

Read Answer Asked by Terry on April 10, 2025