Investment Q&A

Q: An excerpt from Oaktree's quartley letters,concerning the US power grid, states:

The entire power grid needs to be updated and reimagined in many ways – some obvious and some that take more expertise to appreciate.

For example, substation equipment will need to be upgraded to handle renewable capacity additions. Tens of thousands of miles of overhead conductors will need to be replaced, and new lines will need to be built. And new distribution equipment, such as transformers, will need to be installed and serviced. In short, we believe investors should focus on the entire electric power value chain – from generation through consumption.

Could you please list some companies that you feel would benefit from the above changes.

Q: DY was a very recent pick on BNN. I purchased at $90. Shortly after it dropped down to the low $80's. I woke up on the 25th and it was in the low $70's. My online account info showed that there was an earnings report at approx. that time.
TRIP was a CNBC pick of about 3 months ago. I purchased at $60 and a short time later it started to lose altitude - it is now a $40 stock. In both cases professionals recommended these picks. Is it the luck of the draw or should these professionals had picked up on problems shortly after being recommended? Thanks so much. In hindsight - should have checked with 5i prior to purchase.

Q: Given the recent sell off would you consider Dycom Industries a buy now for a long term hold?

Q: I wish to enter the US infrastructure area. Which of these are preferred over the next 2 year? Do you prefer others?