Investment Q&A

• Applied Materials Inc. (AMAT $211.56)
  • $211.56 P/E (TTM): 25.93X Cap: $178.37B
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• Morgan Stanley (MS $155.97)
  • $155.97 P/E (TTM): 17.83X Cap: $252.36B
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• Thermo Fisher Scientific Inc (TMO $539.17)
  • $539.17 P/E (TTM): 31.42X Cap: $205.40B
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• Fortinet Inc. (FTNT $84.92)
  • $84.92 P/E (TTM): 34.18X Cap: $66.19B
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• Crocs Inc. (CROX $78.82)
  • $78.82 P/E (TTM): 22.76X Cap: $4.40B
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Q: I have the above listed US Stocks in my portfolio. Please rate each one as Buy, Hold or Sell, and the reasons for your rating.

Upvote 2

Read Answer Asked by ALNOOR on September 29, 2025

• Constellation Software Inc. (CSU $3,837.43)
  • $3,837.43 P/E (TTM): 99.51X Cap: $82.59B
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Q: I just want to add the comment that I think the blog post summarizing the CSU call was very informative and very well written. Thank you.

Upvote 15

Read Answer Asked by Gordon on September 27, 2025

• goeasy Ltd. (GSY $163.49)
  • $163.49 P/E (TTM): 9.92X Cap: $2.65B
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Q: Greetings 5i team,
I noticed a question today asked by Tim concerning GSY and what a target price to enter a position would be. I added some shares today at about $179, which was above your suggested entry price of $170 but this purchase only raised my average cost / share to a little more than $160. In addition to the entry price, do you think that this is a good way to view such a purchase as well?
Thank you
SP

Upvote 7

Read Answer Asked by Steve on September 26, 2025

• Fiserv Inc. (FI $126.69)
  • $126.69 P/E (TTM): 21.33X Cap: $67.97B
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Q: May I have you opinion of the future of Fiserv given the pending lawsuit, price decline recently and its sector of the economy?
With appreciation,
Ed

Upvote 4

Read Answer Asked by Ed on September 26, 2025

• Alibaba Group Holding Limited American Depositary Shares each representing eight (BABA $181.33)
  • $181.33 P/E (TTM): 24.98X Cap: $432.34B
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Q: Can you please provide an updated assessment on Alibaba, and whether your sentiment has changed vs your answer in Nov 2024? Buy Sell or Hold? Thank you.

Upvote 1

Read Answer Asked by Connie on September 26, 2025

• Hammond Power Solutions Inc. Class A Subordinate Voting Shares (HPS.A $126.16)
  • $126.16 P/E (TTM): 18.98X Cap: $1.60B
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• Kraken Robotics Inc. (PNG $5.95)
  • $5.95 P/E (TTM): 82.0X Cap: $1.70B
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Q: Hi guys,

Would you sell HPS.A for PNG?

Thanks,

Jim

Upvote 6

Read Answer Asked by jim on September 26, 2025

• Global X Defence Tech Index ETF (SHLD $28.25)
  • $28.25 P/E (TTM): 40.83X Cap: $125M
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• Howmet Aerospace Inc. (HWM $191.46)
  • $191.46 P/E (TTM): 55.5X Cap: $79.10B
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Q: I'm thinking of selling my SHLD ETF for a more concentrated defence/areospace tilt and buying either RYCEY (Rolls Royce) or HWM? the beta of HWM concerns me though?

What do you advise? I already own GE.

Upvote 3

Read Answer Asked by Graeme on September 26, 2025

• Enerflex Ltd. (EFX $16.15)
  • $16.15 P/E (TTM): 10.94X Cap: $1.94B
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• TerraVest Industries Inc. (TVK $142.96)
  • $142.96 Cap: $3.12B
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Q: Can you tell about these companies and whether one is better than the other? Will they participate in the increasing demand for energy in North America?

Upvote 5

Read Answer Asked by Rachel on September 26, 2025

• MEG Energy Corp. (MEG $28.24)
  • $28.24 P/E (TTM): 6.31X Cap: $7.21B
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Q: I don't really like either takeover option and would rather Meg continue to operate standalone. Is this a realistic option and how can I best express this?

Upvote 3

Read Answer Asked by hal on September 26, 2025

• dentalcorp Holdings Ltd. Subordinate Voting Shares (DNTL $10.90)
  • $10.90 Cap: $2.17B
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Q: What are your thought on the take private offer, It seems like another low ball offer considering where it used to trade at . Probably a good offer for for the insiders!

Upvote 2

Read Answer Asked by fwb181 on September 26, 2025

• Amer Sports Inc. (AS $34.16)
  • $34.16 Cap: $19.35B
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Q: Hi 5i
Any thoughts on Amer Sports? They own the very successful Arcteryx clothing line as well as many other sports related businesses. At about $35, was $42 not long ago. Chip Wilson recently sold $160 million but still has 18% through his holding company. He appears to be raising cash (any idea for what?). The stock has tripled since IPO about 2 years ago. Your thoughts? How would it compare to another of your great calls, Aritzia?
Thanks, Greg

Upvote 1

Read Answer Asked by Greg on September 26, 2025

• iShares MSCI Emerging Markets Value Factor ETF (EVLU $30.69)
  • $30.69 P/E (TTM): 6.18X Cap: $9M
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Q: Can you provide thoughts on the iShares MSCI Emerging Markets Value Factor ETF (EVLU) as a long term investment in the current high valuation environment?
I’m seeing a 3% 30day yield, 10.7 P/E, and 0.35 fee.
If in your response you say it’s too new (less than a year) or too small (10m AUM), please remind me why those things matter and how you’d weigh them for an investment that is otherwise attractive.

Upvote 3

Read Answer Asked by Chris on September 26, 2025

• Vanguard Canadian Aggregate Bond Index ETF (VAB $23.18)
  • $23.18 Cap: $6.04B
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• iShares Core U.S. Aggregate Bond ETF (AGG $100.13)
  • $100.13 Cap: $131.90B
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• SPDR Bloomberg 1-3 Month T-Bill ETF (BIL $91.51)
  • $91.51 Cap: $42.08B
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• Global X High Interest Savings ETF (CASH $50.01)
  • $50.01 Cap: $6.71B
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Q: Saw a headline regarding the big outflow from MM funds into bond funds, can you confirm this, if so explain the reason and provide your favorite bond funds for parking cash?

Upvote 2

Read Answer Asked by Charles on September 26, 2025

• Freeport-McMoRan Inc. (FCX $40.69)
  • $40.69 P/E (TTM): 29.83X Cap: $57.89B
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Q: With copper doing quite good and these guys for such a good name as a Large Cap producer,just seem to keep walking around into sharp objects,now with this mudslide (terrible tragedy hope there’s no more fatalities)the copper is still there do you think this a buying opportunity and I could add to my position or hold on ….

Upvote 6

Read Answer Asked by Greg on September 26, 2025

• Toronto-Dominion Bank (The) (TD $112.94)
  • $112.94 P/E (TTM): 9.56X Cap: $193.42B
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• Bank of Nova Scotia (The) (BNS $89.61)
  • $89.61 P/E (TTM): 17.51X Cap: $113.17B
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Q: In my RIF and TFSA accounts I way overweight BNS, which has performed splendidly, not to mention its attractive dividend. Looking to spread some of the market risk to TD but I'm leery of the other banks as they appear way overpriced by comparison. As an income investor, should I shift to ENB, FTS, EMA for more safety?

Upvote 9

Read Answer Asked by Jean on September 26, 2025

• Canadian Apartment Properties Real Estate Investment Trust (CAR.UN $39.96)
  • $39.96 P/E (TTM): 81.48X Cap: $6.39B
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• Granite Real Estate Investment Trust (GRT.UN $77.49)
  • $77.49 P/E (TTM): 20.69X Cap: $4.71B
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• Killam Apartment Real Estate Investment Trust (KMP.UN $17.58)
  • $17.58 P/E (TTM): 4.19X Cap: $2.20B
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Q: Citing elevated redemption requests and tighter cash flows, some asset managers are joining a growing list of firms who are warning investors about changes to their real estate funds, which range from limited redemptions to reduced monthly distributions.

For example Trez Capital Mortgage Investment Corp, Nicola Wealth Management Ltd. and Centurion Asset Management Inc. informed investors about such changes. I own CAR.UN, KMP.UN and GRT.UN. Can I please get your thoughts for these three.

Upvote 3

Read Answer Asked by Ian on September 26, 2025

• JPMorgan Nasdaq Equity Premium Income Active ETF (JEPQ $27.36)
  • $27.36 P/E (TTM): 32.74X Cap: $108M
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Q: Is there a dividend hold back on companies such as JEPQ that, as in this example, is listed on the Canadian exchange, regardless of which account it is held in?

Thanks

Upvote 1

Read Answer Asked by Donald on September 26, 2025

• Freeport-McMoRan Inc. (FCX $40.69)
  • $40.69 P/E (TTM): 29.83X Cap: $57.89B
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Q: Thoughts on whether FCX is a buy, sell, or hold. Bought years ago for very low cost and am happy to hold. Can they recover from current issues or is it better to move on? If you suggest moving on, what do you recommend as an alternative? Thank you!

Upvote 1

Read Answer Asked by Neil on September 26, 2025

• Brookfield Corporation Class A Limited Voting Shares (BN $94.49)
  • $94.49 P/E (TTM): 161.14X Cap: $142.03B
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• Brookfield Wealth Solutions Ltd. Class A Exchangeable Limited Voting Shares (BNT $94.52)
  • $94.52 P/E (TTM): 15.47X Cap: $23.05B
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Q: Have been thinking about Chris’s question Sept. 25 regarding these two companies.

So it makes sense to buy BNT because you may have better share appreciation than BN and if you don’t then you can exchange it into the higher priced BN ? Thanks. Derek.

Upvote 5

Read Answer Asked by Derek on September 26, 2025

• Amgen Inc. (AMGN $295.54)
  • $295.54 P/E (TTM): 24.34X Cap: $158.34B
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• Intuitive Surgical Inc. (ISRG $440.94)
  • $440.94 P/E (TTM): 63.0X Cap: $161.20B
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• AbbVie Inc. (ABBV $232.83)
  • $232.83 P/E (TTM): 111.92X Cap: $406.64B
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• Eli Lilly and Company (LLY $843.63)
  • $843.63 P/E (TTM): 54.89X Cap: $799.80B
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Q: Could I have three US Healthcare names you recommend today please.
Many thanks!

Upvote 3

Read Answer Asked by Issaku on September 26, 2025