Q: I'm the type of investor who looks for stocks of good companies that have hit a rough patch and that everybody avoids as a result. I'm inclined to think that Whole Foods Market (WFM) is just such a company. It continues to generate higher and higher revenues and profits. Yet, its share price has fallen considerably and its P/E ratio is now around 27 (compared to the high thirties last year). Have your thoughts about the company changed since your comment last November?
Q: Hello, I hold smaller positions in GUD and E as a portion of an overall well balanced portfoio. Do you see any problems with either, they seem to be going down or sideways for some time.
Reasons, or just overall summer doldrums? Thanks, Lavern
p.s. Hope you are fully recovered for your quickly approaching ride. Best of Luck!
Q: I own CXS-T counsel corp and have aquired shares of HGP Heritage Global Inc. These were transfered over at .725 per share in April. The price is now .43 per share. Should I sell these?
Thank you
I am working on getting a more diversified portfolio in my non-registered accounts when I add new money. According to RBC Direct Investing I have 0% utilities, 0% industrials, and 45.1% in energy.
It seems that you consider ENB, IPL, and PPL as utilities. Is that correct? If that is the case then utilities make up 22.9% of my portfolio, and energy is 22.2%. Still too high I suppose.
I would like to add some dividend paying industrial stocks that would make up around 5% of my portfolio. What industrial stocks do you recommend at this time? [I guess STN and BAD] Is there a seasonally good time to buy industrial stocks? I can wait if there is.
Note: If I recall you classify BAD as an industrial stock, yet TMX lists it in the energy sector. Sometimes it's difficult to figure out sector allocation when some stocks get classified differently depending on the site you use.
Q: Can you explain the cause for the sharp drop in the stock down 15% July 16 for. First Republic Bank
FRC New York exchange . This followed what seem to be pretty good quarterly results .
I bought this bank on a recommendation recently by someone who was on BNN .
Thanks. Rick
Q: What is the advantage of in kind transfers from a non registered account to a TFSA if one is charged capital gains anyway, and can't claim capital loss--which presumably you COULD claim if you sold the stock and transferred the $? Is it that the transfer is done without a transaction fee?
Q: From Accesswire (June 19): "Isis Lab (LAB-TSX.V) has created a gamblification engine that turns on-line games into real money, while creating a sticky user social experience. For clients operating within fully regulated markets the company offers a turnkey solution including a full commerce application and back office suite."
Turning fantasy gaming into real money sounds quite promising (I'm not sure how that's possible!) but I can't imagine what a sticky user experience would entail. Any idea?
Two of the execs at LAB honed their skills at Poker Stars and Full Tilt Poker and the report at Accesswire links LAB with Amaya. It seems LAB moved up in sympathy with developments at Amaya in mid June from the 35 cent area but has since fallen back.
Has 5i altered the opinion on LAB since last look in Feb. and is there possibly an undiscovered gem of a stock here? Thanks, J.
Q: Seems we're into a summer pullback in the Canadian market. I've noted some of the companies in your model portfolios have pulled back with the market. Which companies in your model portfolios do you currently believe are the least expensive and provide the greatest upside for the next 1-2 years? As, always, thanks for your valued guidance.
Q: Peter: I have been looking at Sylogist, SYZ for the past few days as it reaches new highs. I'm puzzled by the reporting of volume. For example, today, the official count is 2615 but a look at trades on TMX.com shows many thousands more. Why the difference especially on what appears to be quite an illiquid stock, especially if you want to trade. Thank you and kind regards,