Investment Q&A

Q: Hi Team,
What do you think of yesterday's results versus estimates.

I have a small SPB position in my RRSP (about 1%) and I am think about increasing my position. I own it mainly for income with, what I consider, a relatively safe dividend of 7.6%

I am thinking about gradually increasing my position to about 2-3% but I find the debt level a bit concerning, would you agree with the move?

I have some cash to deploy and I took many positions in the utilities sector in the last months and these positions are beginning to do well.

I would like to add some income diversification. What companies in other sectors (REIT, Financials, consumer staples, etc. ) could you suggest to add in a RRSP portfolio that pays a reasonable dividend, have a limited possible drop in price even in an economic downturn and a fair chance of capital appreciation over the next 2-3 years.

Thank you!

Michel

Q: What do you think of Fru and its future ?Is it a buy, hold or sell?
I have a small account in a non registered account income and i am thinking to add more (for income ) .Or you suggest to sell and buy something else ? Thanks !

Q: In your view, what are the 3 most "dislocated stocks in the market today, whereby you believe the market has it wrong and these stocks actually represent good value. please provide a bullish argument for each. thanks.

Q: Hi 5i, Reviewing some of your Growth portfolio holdings (as well as SHOP) for adding to our TFSA's for 2024..
Of the above, could you please rank them for 3-5 yr purchase, with your reasoning for same.
Thanks for your input.
T.

Q: Is AI becoming big enough to warrant its own category? I'm trying to find out what your recommendations are on AI companies going forward.

Q: I had high hopes for small caps this year, and it looks like, in the past 30 days, they finally started moving up with IWM at 5% gain and IJR at 6%. Unfortunately, my choice for small caps ETF was CALF and it barely moved up in the past 30 days. What is wrong there? I know that it is actively managed and has less holding in its portfolio... is there some problem with one of the holding? Should I sell it and switch to IJR or IWM? I know that CALF overperformed these two over longer periods of time, but the lack of momentum in the past 30 days when the small caps are up worries me.

Q: Hi, Thoughts on quarter - seems to be some profit taking. Results seem OK.

Cheers, Chris

Q: I would like to buy ATD (as 5i's stated: it is a great name at a discount price), and have long appreciated its growth trajectory and management seems very astute. However, in order to buy, I would need to sell something and since I am overweight Industrials, the name I come up with in my holdings is WSP. Which of the two names would you favour for a 5 year hold? My hesitation is what I understand to be a growing industrialization in Can and the US favouring WSP. Thoughts on this switch?

Q: Please comment on its most recent Q. Would you continue to hold or is there another name which you would buy as a replacement? Is BN or CSU a good proxy?

Q: Hello, wondering if you have any insight into this drama at GIL? Both sides seem to have very good arguments to support their side. On the company side, it appears that that the former CEO was acting in his own interests and diversions. On the Browning side, it seems this new GIL CEO has a poor track record. Any thoughts on this would be greatly appreciated. Thank you.

Q: What would the reason be for the big pull back drop in the stock?
Would you recommend to stay with it sell it or buy more?
I realize valuation a lot better with the drop but at such a low valuation and still dropping does the market know something not apparent?

Q: Good morning, you mentioned these securities in a reply to a question by James on May 13. Could you please add some comments around taxation of the returns, especially if in either TFSA or non-reg account. Thank you

Q: So what should happen to the stock price after the bought deal? Will it slowly recover? Is there anything material that investors should be concerned with? The last earnings period was, I thought, quite solid.

Q: With the drop due to stock sale and the recent short report, is the current price a good entry point? Thank you.

Q: What is your take on LSPD s results. Thanks

Q: In reference to your answer that we should consider being overweight the US at this time, can you give one US name in each sector for modest growth (not dividends) over the next few years? Please take as many credits as necessary with thanks.

Q: Hi guys,

Is it better to purchase SPY etf in u.s dollars or a Canadian version of that eft in Canadian dollars?

Thanks

Jim

Q: Hi Team,
After today's earnings release, would you recommend continuing to hold ATS, or is there another name in the sector you would prefer to buy right now instead? Selling ATS for me would mean taking a 23% capital loss in a cnd cash account.

Thanks,
Shane.

Q: Hi 5i, Any concern over:

"After a career spent working on takeovers around the world, former Alimentation Couche-Tard Inc. chief financial officer Claude Tessier is joining investment bank Greenhill & Co. to advise Canadian companies with global ambitions."

Seems market opined today, should we be worried. Thx.

Q: Just wondering if you are still comfortable with this REIT.

Have been looking for a commercial property REIT for purposes of diversifying holdings away from multi-family. And I know Choice acquired the old Canadian REIT years ago, which I thought to be of very high-quality at the time.

Choice appears to have less risk due to its size (705 investment properties) and the loan to value ratio appears commensurate with peers.

However, there seems to be a huge number of equity units outstanding after factoring in the exchangeable units. As well, what really appears unusual for CHP.UN is that it trades at a significant premium to NAV whereas most entities in the Canadian REIT universe currently trade at a discount to NAV.

Thank you