Investment Q&A

Q: Good morning
What hapened to bam this morning is this a good buying opportunity
Thank you
Guy

Q: I read an article that suggest that the US has essentially moved the FED's role to the Treasury Dept, thereby giving control (more at least) to the Trump admin. First, do you see this as the case, and second, if they were to devalue the US dollar as Trump has often called for to better compete with the world, and this brought structural support to the political move away from China and ROTW imports and boosted a reemergence of the US manufacturing/supply-chain system, what companies would look like a steal today ten years from now?

Q: Dear 5i,

For a new purchase in a NonReg account. Is it better to buy BIPC compared to BIP.UN due to the eligible dividend?
For a new purchase in a RRSP account which one is better to buy?
For a new purchase in a TFSA account which one is better to buy?
Can you confirm that a Canadian holder of any of the above receive the dividend
automatically converted by Brookfield into CDN dollars.

thanks

Ian

Q: In most bear markets I would turn to a security that is negatively correlated to the equities, such as TLT. However with interest rates at historic lows, can there be much more upside to TLT?

Q: Hello,
I have a question about the potential need for a Canadian citizen to fie a USA tax return, stemming from their investment in certain assets. I hold both BPY.UN and EPD in various registered accounts (RRSP, LIRA & TFSA). Subsequent to filing my 2019 Canadian tax return, I am now receiving documentation from both Brookfield and Enterprise Product Partners L.P. that would appear to indicate there might be some desire on the part of the U.S. government that I file a Schedule K-1 form, related to income I received from these two entities, during 2019. My questions are:

As a Canadian citizen who holds these investments within my registered accounts, am I in any way compelled to file a Schedule K-1 and/or any associated USA Federal or State tax returns?
Whether compelled to file them or not, is there anything potentially to be gained on my part, if I were to file the U.S.A. federal and any state specific tax returns? (The recovery of any withholding taxes on the income I received in 2019, for instance)

Thank you!

Q: Would the following be good proxies for TU and GD or do you have some better suggestions?
TU: VZ, BCE and GD: UTX, LHX

Thank you

Q: Anything to make of the Shopify press release regarding covid 19, trends and financials?

Q: Thoughts on this company, is it a buy at current levels? how long would you expect for it to recover? is the dividend safe?

Q: Question about ZM,

I know you mentioned in an old comment that ZM is trading at a crazy ~20x sales multiple... is that forward sales estimates and is that incorporating the recent surge of sales due to COVID?
I know it is a hyped stock, but in the last 2 weeks I went from not knowing about zoom to all my work life being through zoom and now my social life as well though group zoom chats. I know from a work perspective I will keep using zoom... it seems like a large chunk of the developed world has been recently introduced to their product (and it is a good product)

When have estimates been revised, what are the forward sales and earnings multiples now, and do you think it is a buy?

Q: Thanks for the great technical chart. It is very very helpful. Can you please share the chart settings.
Is there any ETF in Canada and the USA that covers work from home stocks. That includes Cyber Security, Telecom and cloud business. if not would you recommend any stocks or ETF with a good balance sheet in each of the above sectors or any other sectors that would benefits?

Thanks for the great service.

Q: At a 15 % yield, the market must be anticipating a distribution cut. A 2/3 cut brings the yield down to 5 % which seems reasonable for this Brookfield company , even with the inherent problems they will have with retail and possible office properties. What does the balance sheet say about distribution strength? Would Brookfield be very reluctant to cut one of their major companies? Would you nibble on this one or stay away from the sector altogether? Thanks

Q: Could you please give me your opinion on these three companies in light of the current situation. I hold Cu and CHR, but not AC. I am particularly thinking of AC since post the virus, it would seem to be likely to recover significantly. Your thoughts?
Please charge as many questions as you deem appropriate.

Q: Thank you for the updated report on PSI.
My exposure is now very small given the current price. Would you increase to a 2% position or sell the position. I am happy to hold for 5 year +.
Thank you for your guidance.

Q: Wondering about this stock in light of recent pullback. In your opinion, how safe is the dividend? Any other comments and outlook would be appreciated. Thanks, Don

Q: I am considering switching ecn for dsg for up to 3 years regardless of sector. Your thoughts.
Thank you as always.

Q: What are thoughts on this stock, like most recently it is under "water" but the fundamentals appear solid?

Q: XCB is quite negative this morning. Problems with the BBB bond exposure in Canada ?

Q: could you please give an update on this stock and your recommendations as well. Buy, Sell or Hold.

Q: You had previously given the following criteria to judge momentum stocks: "For momentum we like a rising stock price with increasing volume, positive earnings surprises, accelerating earnings, analysts' upgrades and target prices. "

Would I be correct in assuming that in the current markets, we need to think more like value investors, however, than momentum investors? If my observation is correct how does one then analyze value stocks?

Appreciate your insight.

Paul F.

Q: Hi,

I have a small position in Sangoma and am considering selling and adding to another tech company. Going forward however do you consider the macro space in which Sangoma operates to be a driver for growth or would you see other tech companies with greater potential and if so, a few names would be helpful. I recognize Sangoma is a small company.

Thanks