Investment Q&A

Q: The company has an interesting AI product they are trying to commercialize. Should I be more focussed on their financials or the longer term potential of the AI tech?

Q: Hi Peter & the 5i Team,

In your recent answer to Stephen, you stated that Boyd is in the Industrial Sector of the TSE. Actually, it's in the Consumer Discretionary Sector, as indicated on the TMX website and 5i's Portfolio Analytics.

If one wanted to sell BYD but remain in the Consumer Discretionary Sector, what would be your three best Canadian stocks to consider?

Thanks as always for your assistance.

Q: Thinking of including at least two of these in the fixed income portion of our portfolio. Do any carry any 'yellow' flags? All seem to DRIP, at least througfh my broker. Could one just weigh them based on current yield? Appreciate any thoughts.
Thanks, Bill

Q: Regarding Greg's question of June 9/25......re: the tax rate of selling one stock now versus waiting to sell the same stock after his father passes away. While the 5iR answer was technically correct, I would like to add the following:

In Canada we have a graduated tax system.....the more income you make, the higher potential for you to be in a higher tax bracket for that incremental income. Once you pass away, ALL of your RRSP-RRIF holdings are deemed to be withdrawn and taxed as income. Additionally, ALL of your Cash account holdings are deemed to be sold, generating (hopefully) capital gains. Then the combination is taxed according to our graduated tax system.

So....if I understood Greg's question correctly, the estate tax for his father would potentially be significantly higher if he waited until "later".

My personal current Marginal Tax Rate is around 31%. Using TurboTax, my final (terminal) MTR is 49%.

Apologies if I got this wrong and generated any confusion. Please do not post if I got this wrong. Post if I am correct. Thanks....Steve

Q: What explains the big increase (around 7-8%) of the value of these stocks today? What do you expect for the future and what is best to do (buy, sell or hold)?

Q: Why did Deutch Bank down grade? What is their rationale? What were the main reasons? Thank you for your objective view

Q: Nutrien seems to be moving higher... finally. Seeing it touch new 52 week high is a good technical indicator. Would you concur that fundamentals and outlook are also supporting a higher valuation?

Same question for ATS. Would you be a buyer here?

Q: Your thoughts on BMO ZLSU ETF for a long term hold? Any concerns?

Q: Thoughts on the RBRK quarter. Would you be adding now or is it getting too expensive? When do they expect to be profitable?

Q: What are your thoughts on using covered call ETFs to increase the yield of a portfolio?

Q: When you publish your monthly portfolios it would be helpful if you could also publish the end of month dividend yield and price per earnings of the Tsx and S & P 500.
Thank You

Q: Your thoughts on ZJAN BMO buffered ETF recommended by Larry Berman.

Thanks
Brian

Q: In our early 80s with RRIFs.
We have little to no exposure to any of the sub sectors in Materials and I have funds to deploy there, mostly US$.
We are looking for something with a reasonable dividend and some growth expected.
Please recommend several stocks that might fit into these sub sectors at this time.

Q: Trump seems to be interested in reviving the Keystone pipeline project. If this happens, would it be significant for TRP?

Q: There was a report from CIBC strategist titled " The Benefit Of Unhedged U.S. Equity
Holdings Is Moderating" due to persisting weakness of USD and the likelihood of USD remaining weak ( and decline more over time ) against CAD and other major currencies, as a result of Trade/Protectionist policies of current administration, for next 2-3 years.

The report also noted that traditionally CDN Mutual Funds, holding USD securities, were mostly rewarded due USD strength historically against CAD, resulting in superior performance in CAD terms. Also, CDN companies with sizable business in USA, also benefitted, as they report in CDN.

We noticed this in our USD Investment Portfolios, where YTD performance was lower by 7-8%, when converted in CAD, compared to its USD performance.

So, it's a two part question.

1. What is your view about about the weak USD thesis and whether it's always best to leave the USD stock portfolios, as is, since over long period of time, currency fluctuations cancel out to a Neutral.

2. If you concur with the CIBC strategist thesis, what are the possible options to Hedge the USD positions, for a Canadian retail investor ? ( Considering, MF portfolio Managers have access to sophisticated options )

PS: Since 5i team, manages a large fund of USD small cap, it might be specially interesting to have your thoughts.

Thank You

Q: What do you think of the latest acquisition - is it accretive to earnings? How does the new company work w/in their strategy?

It looks positive but after an initial move up on the day of the acquisition it started to drop in late day trading and then on Friday it dropped even more. This was despite a couple of analysts reiterating their price targets and 'buy' ratings.

This stock has been trading down since last earnings despite a good quarter - any reason to be worried?

Q: Good Morning. Please give me your favourite 5 Canadian $$ non tech companies.

Q: If you bought one,which one,aris or eqx?Thanks for your thoughts.

Q: Thoughts on LULU’s big drop? Is this something you would step into?

Q: Both TD and J&J have become to large in my RRIF and I need to rebalance and sell some shares. What stocks would you suggest would be good alternatives to both. I do own RBC.

Thanks

Wayne