Investment Q&A

Q: Over the past two years with the downturn of the market, I am down significantly with majority of these holdings in various accounts. I have a long-term 10+ year outlook, so looking to see if you feel any of these can be sold off given the outlook, management of the company? If so, what are your recommendations for a growth investor in either CAD/US stock options?

Thanks!!

Q: I currently have the following positions in the "FAANG" stocks: GOOGL (5%), MSFT and META (each less than 2%), AAPL (less than 1%).

Not interested in NFLX since I already have positions in DIS and ROKU, but I'm open to AMZN (although I have a small position in SHOP, less than 2%).

I want to reduce the number of stocks I own, so I'm looking to consolidate my FAANG positions. In what order would you rank the FAANG stocks at today's prices for potential future returns?

I have a long time horizon (decades) and a very diversified portfolio, so not worried about short-term declines in share price.

Q: The following are some of the companies I’ve lost money with and will sell for tax purposes. I am wondering what your opinion is re their repurchase as commented on below.

The following I don’t feel I need to buy back, unless you feel differently.
NFI, QST

The following I would like to buy back ASAP unless you feel otherwise. Considering the state of the market do you think I would need a proxy for the next 30 days?
CRWD, GSY, META, NVEI, ROKU, WELL

The following are stocks I would like to buy back but don’t see the urgency, considering how the market currently views these companies, notwithstanding their financial outlook.
COIN, LSPD (I already own SHOP), U, UPST

Thank You.

Q: I am thinking about purchasing shares in some companies where the shares may be depressed currently due to year end tax selling. do you have any suggestions?

Q: What three US names would you suggest to buy that offer the best growth opportunities over the next year? What factors influence selecting each name?

Q: Hello 5i
Could you provide an indication as to buyhold/sell - all are current holdings but some due to declines have reduced to < 1% . I'm looking to rebalance overall and these need addressing with possibly topping up, selling or doing nothing ... ignore sector weights please. Already held for some time and any that I decide will remain will be held for the long term
Thanks

Q: Hi 5i Team,

I own the above noted stocks as a smaller portion of my portfolio of higher risk names. All of these names are down other than CTS. Do you see any of these names as ones that I should sell as part of a portfolio clean up?

Thanks in advance,
Jon

Q: UPST has been a disappointing stock. In my TFSA, there is no opportunity for tax loss harvesting here. What US alternates would you suggest, not necessarily in the same category, that may give excellent growth potential in a market turnaround?

Q: I want to add to one of these stocks. Which one would be the safest to add to today? Thank you in advance for your expert opinion.

Q: I have many loosers but I am asking for big loosers only.
WELL,TCN,CAE,CSH-UN,ECN,CYBR,HUT,LSPD,LUN,NBLY,NXR.UN,ONEX,ZTS-N,ROKU-N,REI.UN,STLC,ETSY-N,NIO.N.
Tax loss is ok but it is also capital loss,confused but unable to decide,your opinion is highly valued and appreciated.I had high hope in TCN AS RENTS ARE GOING UP but loosing lot.

Q: Guidance seems to be the key factor in reporting season for tech stocks. No one cares if you beat on the current quarter, like ROKU just did. Its outlook is terrible, with higher expenses and higher losses ahead. Do you think ROKU will become a profitable business one day or will the streaming wars never end? Is the end game for ROKU a takeover by NFLX or others?

Thanks and thanks for the detailed answer on META. Time will tell if the emperor is wearing clothes.

Q: Hello 5i!
At this point in the cycle can you please rate the following as buy, sell or hold. I know you sometimes say in a different kind of market high growth can do well. Can you please comment on whether one should decrease technology holdings in general or just wait for tech to shine again one day. Thank you!

Q: I sold ROKU at the end of Sept to harvest a tax loss and bought NFLX in its stead. Fast forward a month and ROKU is about what I sold it for while NFLX is up about 20% (thanks for the suggestion!)

My question is in two parts. First, does ROKU, in your opinion, still represent a stock with a better longer-term upside than NFLX meaning I should continue with the original plan to sell NFLX and repurchase ROKU?

Second, if the answer to the above is yes, do you think it is best to repurchase ROKU in a month or so as I suspect it will be a target for tax loss selling or might it be best to wait until the new year so as to defer my cap gain on NFLX with the expectation that ROKU likely hasn't appreciated much in the meantime?

Appreciate your insight.

Paul F.

Q: I am planning to sell these names for tax-loss. Should I buy a replacement for each to protect against a turnaround in the next 30 days, or do you think I'm better off holding the cash for that period given the current outlook for equities. If you still recommend replacements can you offer a suggestion for each - or perhaps only for some? Thanks.

Q: Hi 5i Team - I hold the above stocks in three small U.S. accounts. I plan to keep NVDA, QCOM, AMZN, GOOG. My holdings in the other six are minimal due to the general sell-off over the past year: CRWD, UCTT, U, APPS, ROKU, UPST. I would like to combine these 6 into two, three at the maximum. Could you suggest which two or three should be kept. Or might it be best to sell all six and start over with a couple of different ones. My investment focus is growth with a three year timeline. Since it's the end of the week the answer can wait until sometime next week.
Thanks.

Q: why has MITK had such a run recently?
Apps,GH,Pins,Mitk....which ones would you sell for tax-loss and what would be you favorite replacement in the tech sector.
I am looking at SHOP and ROKU

Q: Hello 5i Team,

I'm wondering if you can suggest a higher risk growth stock with better short-medium term bounce potential than Unity. It seems that the shine is off of the metaverse theme for the time being, and I am down about 74% on this stock since it was in favour. Or, do you think I should consider it a hold? Thanks.
Brad

Q: 5i, Thinking selling roku (capital loss) and buying UPST. They are in a diff. realms, but I like your opinion for a 2/3 years hold.
Thank you

Q: I have a loss in VEEV of 30%. Was thinking of ROKU as a buy. I am equal weight between Consumer discretionary and healthcare with better diversification in HC.
Which as better growth ahead? Which do you prefer?

Q: Hello 5I,
I am down 55% or Apps.
Just wondering if you would hold on on switch into something else. Looking for something with similar upside of course.
Thanks