Investment Q&A

Q: Good afternoon - I’m overweight in big tech in my TFSA and am planning to do some rebalancing. I’m looking for some non-tech suggestions please. Either US or Canada are fine.

Thanks!
Janet

Q: I have held MSFT for a long time and recently sold a covered call - which is now making me nervous. How much more upside do you see for MSFT in, say the next year or so?? Thanks Jim

Q: Good morning - for US healthcare I have a full position in ABBV and am up nicely after having been up wonderfully for a long while. Now, I'm reading about VEEV been a big AI beneficiary and am thinking about selling some ABBV and adding VEEV. Risky move or not? thanks

Q: Did not have an opportunity to hear what ECN had to say about their earnings and possible sale of the company. Was there any indication of what direction the strategic review might take and possible timing of any announcement.. Secondly if a takeout does not occur is there anything in terms of future guidance that would provide support for the shares around current levels? Current results appear rather tepid and my concern is that shares could tank without positive news from the strategic review. What is your sense as to what direction the strategic review might take?

Q: At $125, do you think Royal will do a stock split?
Thank you

Q: Any insight into what is driving ANRG? I had all but given them up for dead.

Q: I have owned Flutter for some time and am generally pleased with its performance. I am wondering if you are still positive on the name and if you see good growth potentail ahead. If so, what makes you bullish (or bearish). Finally do you see the listing of Fan Duel as likely to happen and is it a strong catalyst that gives us another reason to continue to hold beyond the basic business performance? Many thanks
Scott

Q: Further to the recent question. NHF currently pays $1.26 pa. does the new structure reduce the yield and if so, by how much? Thanks

Q: CMG hasd been doing quite nicely this year. Perhaps too nicely? Its P/E is now pushing 55. Is it overpriced? Would you sell?

Q: I have a question about 1123

Q: One of my basic investing tenets was to never buy an airline. But coming out of Covid, AC seemed like a can't-miss prospect (note to self - no such thing in investing!) Since the spring the stock is up about 23% and approaching my break even. This is not an equity that I want to hold for the long term so my question is: does one just continue to ride this momentum, albeit without a plan as to when to sell or just sell it now and be done with it?

I know you can't tell me when to sell but do you think there is still a lot of juice left in this stock?

Appreciate your insight.

Paul F.

Q: Looking for some 100 bagger ideas?
CDN or US market. Thanks

Q: I noticed in your disclosure you have an interest in TLT, I hold ZTL which I assume is comparable?

Horizons Seasonal Rotation ETF as of May 31, 2023 has 75% in 0-3 month T-bills & 6% in 7-10 years with no exposure beyond that.

Could you help me understand the risk/reward difference between the ultra-short term and ultra-long term T-bills and which I would be better with in todays market and assumption interest rates may have peaked, or should I cover both ends?

Q: I was considering investing 300k into 2 or 3 of these picks below for almost guaranteed savings. This would be in a non registered holding company.

1. Horizons Cash Maximizer- HSAV (which you have pointed out is more tax efficient since they don't pay distributions and yield gains are building into escalating price, etc)

2. Horizons High Interest Savings-CASH which is straight up high taxation interest gains

3. Purpose High Interest Savings- PSA which is straight up high taxation interest gains.

Please advise if you have a preference for perhaps two picks at 150K, or all three at 100k for example.

Alternatively, if there is another TSX traded option that you suggest, i would look at that too. To be purchased via CIBC Investors Edge.

Thank you.

Q: I own TDB8150...I use it to park cash within my TD Webbroker accounts...currently pays 4.05%...that rate didnt move higher with latest interest rate hike...believe it didnt move higher on last rate hike either...I go onto TD's website to see mgmt fee but am unable to find details on it...are you able to tell me what the current mgmt fee TD is charging for this investment...please and thank you...and also any suggestions as an alternative place to park cash...take as many credits as you need...and thanks for your insight...Cheers

Q: With mortgage rates elevated and a shortage of existing home supply is there a home builder name you would prefer? BLDR, TOL, and GRBK. Any Canadian Homebuilder companies to look into? Thanks, Lesley

Q: Was some of the spike in NVDA recently due to short covering? If so, can you specify the total short positions (and %) before the recent run up and what the short positions (and %) is now?

Q: Good morning 5i:
Next year I will be retiring, and currently I have the outlined stocks in my RRSP, I'm happy with all of them, I think I would like to sell some of them (or trim down, slowly -no rush) and buy stocks/etf that will provide resilience , some yield, and perhaps some growth , can you please provide me with some ideas, 3 or more , I was thinking BN, add more to VFV.
Please use as many credits as required.

THANK YOU for all your help.

Q: Please recommend a CDN ETF with a dividend that has a good chance of capital growth in the next 12 months.

Q: Best S&P500 ETF for an RRSP?