Investment Q&A

• Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD $16.84)
  • $16.84 Cap: $2.31B
  • View LSPD Profile
  • View Questions on LSPD
  • View Reports on LSPD
• Nuvei Corporation Subordinate Voting Shares (NVEI $47.61)
  • $47.61 Cap: $6.75B
  • View NVEI Profile
  • View Questions on NVEI

Q: Is LSPD recent results (Nov 2nd) represent a significant improvement or you would still stay on the side line before adding or starting new position? How would you compare NUVEI and LSPD today?
Thanks for your insight, Peter

Upvote 15

Read Answer Asked by Peter on November 21, 2023

• Vertiv Holdings LLC Class A (VRT $124.00)
  • $124.00 P/E (TTM): 73.02X Cap: $47.35B
  • View VRT Profile
  • View Questions on VRT

Q: Dear 5i
The mean analyst recommendation in Yahoo finance is 1.8 whereas in 5i s website under market data it shows 1.22 for VRT . I assume the market data you show thru your website has more accuracy and therefore more validity . Is that a safe assumption .?Out of curiosity where does your market data come from anyways ?
Thanks
Bill C

Upvote 1

Read Answer Asked by Bill on November 21, 2023

• Amazon.com Inc. (AMZN $232.33)
  • $232.33 P/E (TTM): 34.45X Cap: $2.47T
  • View AMZN Profile
  • View Questions on AMZN
• Wells Fargo & Company (WFC $78.96)
  • $78.96 P/E (TTM): 14.48X Cap: $252.94B
  • View WFC Profile
  • View Questions on WFC

Q: during a market correction of significance , which stocks correct the most , value stocks or growth stocks. And could we get examples of each ? thanks and have a super weekend.

Upvote 1

Read Answer Asked by jim on November 21, 2023

• Lumine Group Inc. (LMN $49.20)
  • $49.20 P/E (TTM): 182.11X Cap: $12.62B
  • View LMN Profile
  • View Questions on LMN
  • View Reports on LMN

Q: can you describe the step by step process used by LMN to acquire a VSM company ? do they give existing management shares of LMN or pay them a combo of cash and stock? does LMN assume debt when adding to the VSM portfolio?. does existing management continue to have a stake in the newly acquired VSM company ? if so what percent? are there non compete clauses? does existing management have a relatively free rein in future corporate decisions? thanks Richard

Upvote 21

Read Answer Asked by richard on November 21, 2023

• Constellation Software Inc. (CSU $4,599.69)
  • $4,599.69 P/E (TTM): 114.18X Cap: $97.47B
  • View CSU Profile
  • View Questions on CSU
  • View Reports on CSU
• Berkshire Hathaway Inc. (BRK.A $750,103.47)
  • $750,103.47 P/E (TTM): 17.18X Cap: $1.07T
  • View BRK.A Profile
  • View Questions on BRK.A

Q: Everyone, CSU shares, to my knowledge, have never split and as of today the share price is $3185 ish. What would it take for CSU to split their shares? I understand it’s does nothing financially but give you more shares. Clayton

Upvote 10

Read Answer Asked by Clayton on November 21, 2023

• Hamilton Canadian Financials YIELD MAXIMIZER TM ETF (HMAX $15.12)
  • $15.12 P/E (TTM): 12.67X Cap: $1.51B
  • View HMAX Profile
  • View Questions on HMAX

Q: Retired, dividend investor looking for income with this trade. HMAX is currently 1.8 of my equity position, down 15%. Would this be a good time to average down and take advantage of their 14+ dividend. How safe is the dividend? Do you have any other options

Upvote 9

Read Answer Asked by Lu on November 20, 2023

• Fortinet Inc. (FTNT $78.83)
  • $78.83 P/E (TTM): 31.51X Cap: $60.40B
  • View FTNT Profile
  • View Questions on FTNT
• Palo Alto Networks Inc. (PANW $194.46)
  • $194.46 P/E (TTM): 109.45X Cap: $130.07B
  • View PANW Profile
  • View Questions on PANW
• CrowdStrike Holdings Inc. (CRWD $417.63)
  • $417.63 Cap: $104.80B
  • View CRWD Profile
  • View Questions on CRWD

Q: Can you explain FTNT and PANW drop on earnings and mostly how if you think it can impact or not CRWD?

I think they droped because of lowered previsions and i see some insiders selling but no buying.

Upvote 9

Read Answer Asked by Francois on November 20, 2023

• Hamilton Australian Bank Equal-Weight Index ETF (HBA $30.55)
  • $30.55 P/E (TTM): 33.25X Cap: $141M
  • View HBA Profile
  • View Questions on HBA

Q: Can you tell me a little about this etf please? How are the dividends handled? I'd there a withholding tax?

Thanks

Upvote 2

Read Answer Asked by Mark on November 20, 2023

• FedEx Corporation (FDX $227.72)
  • $227.72 P/E (TTM): 13.41X Cap: $53.71B
  • View FDX Profile
  • View Questions on FDX

Q: What is your assessment of FDX under current market conditions and prospects assuming interest rates have peaked? Thank you.

Upvote 3

Read Answer Asked by Bob on November 20, 2023

• Hammond Power Solutions Inc. Class A Subordinate Voting Shares (HPS.A $121.52)
  • $121.52 P/E (TTM): 17.87X Cap: $1.44B
  • View HPS.A Profile
  • View Questions on HPS.A

Q: Would consider this a buy at its current price?

Upvote 19

Read Answer Asked by Brian on November 20, 2023

• Northland Power Inc. (NPI $22.43)
  • $22.43 Cap: $5.86B
  • View NPI Profile
  • View Questions on NPI
  • View Reports on NPI
• Superior Plus Corp. (SPB $7.52)
  • $7.52 P/E (TTM): 30.1X Cap: $1.69B
  • View SPB Profile
  • View Questions on SPB

Q: Currently down 36% with northland and 23% with superior .In Tfsa.Any thoughts on recovery . Hold or sell? Thanks Larry

Upvote 7

Read Answer Asked by Larry on November 20, 2023

• BMO Low Volatility US Equity ETF (ZLU $57.36)
  • $57.36 P/E (TTM): 56.99X Cap: $2.19B
  • View ZLU Profile
  • View Questions on ZLU
• BMO S&P 500 Index ETF (ZSP $98.28)
  • $98.28 P/E (TTM): 80.87X Cap: $19.60B
  • View ZSP Profile
  • View Questions on ZSP

Q: I have been unable to find a comparison between these 2 BMO US ETFs. Would you suggest one over the other for a senior well into retirement? Fixed income taken care of.

Upvote 3

Read Answer Asked by M.S. on November 20, 2023

• QUALCOMM Incorporated (QCOM $159.84)
  • $159.84 P/E (TTM): 15.2X Cap: $172.46B
  • View QCOM Profile
  • View Questions on QCOM
• Tractor Supply Company (TSCO $60.52)
  • $60.52 P/E (TTM): 29.88X Cap: $32.07B
  • View TSCO Profile
  • View Questions on TSCO
• Intact Financial Corporation (IFC $278.33)
  • $278.33 P/E (TTM): 22.33X Cap: $49.63B
  • View IFC Profile
  • View Questions on IFC
• TMX Group Limited (X $54.30)
  • $54.30 P/E (TTM): 36.07X Cap: $15.09B
  • View X Profile
  • View Questions on X
  • View Reports on X
• Hydro One Limited (H $49.99)
  • $49.99 P/E (TTM): 23.89X Cap: $29.98B
  • View H Profile
  • View Questions on H
• Dream Industrial Real Estate Investment Trust (DIR.UN $12.32)
  • $12.32 P/E (TTM): 25.31X Cap: $3.60B
  • View DIR.UN Profile
  • View Questions on DIR.UN
  • View Reports on DIR.UN
• Algonquin Power & Utilities Corp. (AQN $5.67)
  • $5.67 Cap: $4.35B
  • View AQN Profile
  • View Questions on AQN
• Williams-Sonoma Inc. (DE) (WSM $202.42)
  • $202.42 P/E (TTM): 21.56X Cap: $23.14B
  • View WSM Profile
  • View Questions on WSM

Q: I have a strong cash position in my RRIF and wish to reinvest in good growth/Dividend stocks for the long term. Could you suggest 3 CDN and 3 USD companies for todays market and holding long term.
Thanks
Peter

Upvote 19

Read Answer Asked by Linda on November 20, 2023

• WSP Global Inc. (WSP $281.47)
  • $281.47 P/E (TTM): 45.58X Cap: $36.73B
  • View WSP Profile
  • View Questions on WSP
  • View Reports on WSP
• Toromont Industries Ltd. (TIH $144.87)
  • $144.87 P/E (TTM): 24.11X Cap: $11.77B
  • View TIH Profile
  • View Questions on TIH
  • View Reports on TIH
• ATS Corporation (ATS $38.25)
  • $38.25 Cap: $3.73B
  • View ATS Profile
  • View Questions on ATS
  • View Reports on ATS
• Thomson Reuters Corporation (TRI $241.93)
  • $241.93 P/E (TTM): 49.22X Cap: $109.03B
  • View TRI Profile
  • View Questions on TRI
• Hammond Power Solutions Inc. Class A Subordinate Voting Shares (HPS.A $121.52)
  • $121.52 P/E (TTM): 17.87X Cap: $1.44B
  • View HPS.A Profile
  • View Questions on HPS.A
• Waste Connections Inc. (WCN $248.41)
  • $248.41 P/E (TTM): 72.98X Cap: $63.95B
  • View WCN Profile
  • View Questions on WCN

Q: Hello,
My holding of Waste Connections has increased substantially in value. The stock price is slipping and there seem to be a number of concerns with debt and return on capital. Your detailed comments would be appreciated.

Are there some industrials with better future prospects? What industrials could WCN be replaced with and why would they be any better?

Thank you,
V

Upvote 19

Read Answer Asked by V on November 20, 2023

• Salesforce Inc. (CRM $250.76)
  • $250.76 P/E (TTM): 40.13X Cap: $238.72B
  • View CRM Profile
  • View Questions on CRM
• Workday Inc. (WDAY $231.08)
  • $231.08 P/E (TTM): 129.68X Cap: $61.69B
  • View WDAY Profile
  • View Questions on WDAY
• ServiceNow Inc. (NOW $913.80)
  • $913.80 P/E (TTM): 115.65X Cap: $190.07B
  • View NOW Profile
  • View Questions on NOW
• Arista Networks Inc. (ANET $142.85)
  • $142.85 P/E (TTM): 53.87X Cap: $179.54B
  • View ANET Profile
  • View Questions on ANET

Q: Hi 5i team
I have 15% Workday in my RRIF in USD. I am thinking of trimming down and adding 3 more USD positions. Can you suggest a few USD companies for Growth over a 3-5 year hold ?
Thanks Linda

Upvote 4

Read Answer Asked by Linda on November 20, 2023

• Amazon.com Inc. (AMZN $232.33)
  • $232.33 P/E (TTM): 34.45X Cap: $2.47T
  • View AMZN Profile
  • View Questions on AMZN
• Alphabet Inc. (GOOG $235.17)
  • $235.17 P/E (TTM): 24.64X Cap: $2.84T
  • View GOOG Profile
  • View Questions on GOOG
• Booking Holdings Inc. (BKNG $5,505.80)
  • $5,505.80 P/E (TTM): 38.92X Cap: $178.44B
  • View BKNG Profile
  • View Questions on BKNG
• Constellation Software Inc. (CSU $4,599.69)
  • $4,599.69 P/E (TTM): 114.18X Cap: $97.47B
  • View CSU Profile
  • View Questions on CSU
  • View Reports on CSU
• Descartes Systems Group Inc. (The) (DSG $149.45)
  • $149.45 P/E (TTM): 60.0X Cap: $12.84B
  • View DSG Profile
  • View Questions on DSG
  • View Reports on DSG
• Toromont Industries Ltd. (TIH $144.87)
  • $144.87 P/E (TTM): 24.11X Cap: $11.77B
  • View TIH Profile
  • View Questions on TIH
  • View Reports on TIH
• Thomson Reuters Corporation (TRI $241.93)
  • $241.93 P/E (TTM): 49.22X Cap: $109.03B
  • View TRI Profile
  • View Questions on TRI
• Shopify Inc. Class A Subordinate Voting Shares (SHOP $203.34)
  • $203.34 P/E (TTM): 78.92X Cap: $264.21B
  • View SHOP Profile
  • View Questions on SHOP
  • View Reports on SHOP
• KKR & Co. Inc. (KKR $135.53)
  • $135.53 P/E (TTM): 64.2X Cap: $120.75B
  • View KKR Profile
  • View Questions on KKR
• Hammond Power Solutions Inc. Class A Subordinate Voting Shares (HPS.A $121.52)
  • $121.52 P/E (TTM): 17.87X Cap: $1.44B
  • View HPS.A Profile
  • View Questions on HPS.A
• Ulta Beauty Inc. (ULTA $514.86)
  • $514.86 P/E (TTM): 20.77X Cap: $23.08B
  • View ULTA Profile
  • View Questions on ULTA
• Five Below Inc. (FIVE $153.40)
  • $153.40 P/E (TTM): 31.65X Cap: $8.45B
  • View FIVE Profile
  • View Questions on FIVE
• Copart Inc. (CPRT $48.57)
  • $48.57 P/E (TTM): 31.66X Cap: $46.96B
  • View CPRT Profile
  • View Questions on CPRT
• Old Dominion Freight Line Inc. (ODFL $150.71)
  • $150.71 P/E (TTM): 27.79X Cap: $31.12B
  • View ODFL Profile
  • View Questions on ODFL
• Saia Inc. (SAIA $313.15)
  • $313.15 P/E (TTM): 26.88X Cap: $7.89B
  • View SAIA Profile
  • View Questions on SAIA
• Heico Corporation (HEI $321.62)
  • $321.62 P/E (TTM): 74.32X Cap: $44.77B
  • View HEI Profile
  • View Questions on HEI
• Topicus.com Inc. (TOI $178.50)
  • $178.50 P/E (TTM): 84.73X Cap: $14.87B
  • View TOI Profile
  • View Questions on TOI
  • View Reports on TOI
• Brookfield Corporation Class A Limited Voting Shares (BN $92.16)
  • $92.16 P/E (TTM): 152.22X Cap: $137.85B
  • View BN Profile
  • View Questions on BN
• Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM $80.66)
  • $80.66 P/E (TTM): 39.89X Cap: $130.11B
  • View BAM Profile
  • View Questions on BAM
• Lumine Group Inc. (LMN $49.20)
  • $49.20 P/E (TTM): 182.11X Cap: $12.62B
  • View LMN Profile
  • View Questions on LMN
  • View Reports on LMN

Q: Hello 5i Team,

Could you please suggest 20 Canadian and/or U.S. stocks for a "buy and hold" portfolio in an RRSP with average-to-above-average risk and a 5+ year timeframe.

Feel free to subtract as many credits as you see fit.

Thanks in advance for your always helpful advice!

Upvote 47

Read Answer Asked by Keith on November 20, 2023

• ZipRecruiter Inc. Class A (ZIP $4.92)
  • $4.92 Cap: $428M
  • View ZIP Profile
  • View Questions on ZIP

Q: Purchased this sometime ago for my tsfa and down substantially. Seems to be going nowhere, and considering selling and entering an etf with the big 5 teck.
Could I please have 5i thoughts on this.
Thanks in advance
Rick

Upvote 2

Read Answer Asked by Rick on November 20, 2023

• Cisco Systems Inc. (CSCO $66.90)
  • $66.90 P/E (TTM): 27.62X Cap: $264.46B
  • View CSCO Profile
  • View Questions on CSCO

Q: CSCO's earnings misstep resulted in a 11% stock price haircut. I am a long-time holder and am contemplating adding to my position. What's your take on the recent statement and whether this is an opportunistic wise move or not.

Upvote 1

Read Answer Asked by Randy on November 20, 2023

Q: I'm 79 thinking of selling all individual stock's, ETF's etc. and moving to Index funds ETF's.

Maybe keep the telecom, bank stocks that I have.

1] What is your opinion on this?

2] Could you list the best ones to invest in?

Thank you.

Upvote 12

Read Answer Asked by Ross on November 20, 2023

• iShares Core S&P 500 Index ETF (CAD-Hedged) (XSP $66.56)
  • $66.56 P/E (TTM): 80.15X Cap: $12.74B
  • View XSP Profile
  • View Questions on XSP
• iShares Core S&P/TSX Capped Composite Index ETF (XIC $46.49)
  • $46.49 P/E (TTM): 5.95X Cap: $18.83B
  • View XIC Profile
  • View Questions on XIC
• iShares MSCI EAFE Index ETF (CAD-Hedged) (XIN $39.71)
  • $39.71 P/E (TTM): 0.66X Cap: $1.48B
  • View XIN Profile
  • View Questions on XIN

Q: I'm split at 20% ETF and 80% stock. Going into 2024 where do you see the canadian market vs the S&P or MSCI EAFE ? The US has outperformed the other 2 in 2023 as usual but do you believe that this continues into 2024? Could you comment on the 3 and what are the chances for the Canadian and International markets to perform better than they have in the coming years?

Upvote 8

Read Answer Asked by Yves on November 20, 2023