Investment Q&A

Q: I own OTEX and not DSG or KXS. I follow a blend of the income and balanced portfolio but bought OTEX instead of KXS as I don't like to buy companies that don't have a dividend. Thus why I don't currently own DSG or KXS. My question is should I sell my OTEX and replace it with DSG or KXS. I've owned OTEX for a few years so up about 25% ( excluding the div) even with the current pullback. I can see the change in the growth portfolio but don't see a strong reason to sell it to buy DSG or KXS in a balanced/income view unless you feel strongly otherwise.

Q: Bep.un and bepc have both have a nice run over the past few months. Would you be comfortable adding new money to either of these stocks?

Q: The preferred market is a little odd. CPD consists of 76% rate reset preferred yet is hurt by rising 5 year government rates. Which, of course, their future dividend is based off of. Do you have a feel for this and at what point does CPD become a buy given rising government of Canada bond rates?

Q: AMD has dropped like an anvil the last three days.Are you concerned about this name other than the recent analyst downgrades?

Q: Pfizer looks attractive from a valuation and dividend perspective, but what is your opinion of their pipeline? Anything coming off patent or any promising drugs coming that would affect the top line? Thanks!

Q: Comprised of the above Canadian companies, our TFSA represents a small portion of our overall portfolio and is its most growth oriented component. All investments are made with the intent to be long-term holds (10+ years).

Two of the holdings, AT and LSPD are down over 50%, while FSV, GSY, NVEI and WELL are all down by about a third. We intend to do some rebalancing. How would you rate (1-10) these 6 for additional money today? Please include a brief explanation for the ratings.

Finally, if you could add one more Canadian company to the mix, what would it be?

Q: What are your current thoughts about Telsa in the short term given the price rise in March?

As always thanks

Q: Hi Everyone!!! I hold NFI at an 88% profit( bought it a long long time ago). Would I have a better chance for future growth if I swapped it for Dollarama? Thank you, Tamara

Q: Please name and rank five Canadian stocks providing dividends > 2% that are likely to experience strong growth over the next five years. (Please exclude GSY as it's already owned and I'm assuming would be on the list.) Thank you.

Q: My original 5% position @ $8.18 p/p is now reduced to 3%.Your initial recommendation is $2.83 with current rating of B+.The famous billionarie,Mr Kai Sing Li is part owner. Despite so many acquistions the stock has steadily declined from a 1yr H of $8.86 in July,2021 to recent low of $3.76 in mid Jan & appears to have found a base of some $4.Good Q on Mar 31 resulted in rise of.29(after high of + .56)& dropped 0.20 to $5.01 the next trading day.Very disappointed with the performance..Your thoughts. Txs for u usual great services & views

Q: Given the recent political actions taken by Disney is it time to sell? Management may be losing its focus by getting into politics when it should be focused on its business. Florida is considering removing Disney’s special status. The growing backlash and coverage on some networks could impact customer support and business. There are increasingly calls for a boycott. There is a potential that new CEO does not last with increasing scrutiny. Not sure how much this could negatively impact the share price short term and long term and if it’s time to step away and wait until the dust settles. Thoughts?

Q: May I have your opinion on this name with respect to its earnings and growth profile. Thanks.

Q: Can you suggest some fertilizer company that would be a good investment.
Jim

Q: Would you replace ADBE with APPL in a TFSA? Five year hold. Thank you.

Q: Hello 5i Could you comment on Crew as to there debt level and overall status. There was a takeover of Leucrota and I was wondering if with the recent upward movement in the stock price that there may be a takeover of Crew.. Your opinion on the possibility of a takeover would be appreciated.

Q: Hello Peter and team,

What are your latest thoughts on the above, seems they have no revenue yet but the technicals look very interesting.

Thank you
Anthony

Q: Capital Gains question -- perhaps not your speciality, but worth a try.

Over the years I have kept my winning stocks and sold my losers. As a result I have a fair bit of unrealized capital gains, but I also have capital losses that I have carried forward over the years and not used as I am mostly a "buy and hold" investor.

Assuming that the Federal Government increases the capital gains tax inclusion rate from 50% to 75%, does it make sense for me to sell some of my winners before the budget on April 7th so that I can use up my banked capital losses of previous years?

In the past I could claim 50% of the loss, but if I assume the capital gain will now be taxed at 75% I am kind of thinking it would be advantageous to sell before April 7th (and therefore include 50% of the gain, not 75%).

Two stocks that are on my chopping block that I have held for more then 5 years are ENGH and OTEX. Still up about 80% and 70%, respectively. In your portfolio update you just sold OTEX so it is kind of giving me a push to sell it as I have been thinking about it selling it since last year.

Paul

Q: Could you explain the selling At the market program announced and effect on stock price

Q: Please help...we are getting conflicting advice. My son-in-law's sister passed away over a year ago. She was a single parent, leaving a very young daughter as the only heir. There was, fortunately, a work-related life insurance policy in the amount of $200k and an informal trust was set up. My son-in-law is the trustee and received a T3 in the amount of approx. $6k for 2021.

My belief is because the source of the funds came from an insurance company, the attribution rules do not apply in this case. From a recent article by a Tax and Estate Planner: "Income not subject to attribution and capital gains paid or payable to a beneficiary are taxed in the beneficiary's hands at the beneficiary's graduated tax rates". Does this mean that the amounts specified on the T3 form should be filed under the daughter's name and she would be responsible for paying any tax owing? I believe that roughly $13k of income is tax-free, so in this case there should theoretially be zero tax owing. Am I corrrect that a T3 return needs to be submitted (versus just kept on file) and am I correct in my conclusion that no income tax is owing?

Thanks for your help...much appreciated...Steve

Q: It's clear that when one invests in small caps it's important to buy a basket to protect oneself from those that might not do well. Assuming one currently has no small caps in his portfolio, I wonder what that basket would look like. Taking into consideration all of the noise in our current market and prospects for the future, what six companies would you buy today to build that basket of small caps.