Investment Q&A

Q: Dear 5i team.

May I please have your updated analysis on TOST. Last Q was Jan/24.

Appreciate your help.

Q: QXO stock is seeing a significant surge today primarily due to new coverage initiated by Wolfe Research.
Specifically:
* Wolfe Research began coverage of QXO with an "Outperform" rating and a price target of $44. This target represents a substantial increase (over 150%) from Thursday's closing price.
* Wolfe Research analysts cite QXO's potential for superior EBITDA growth as a key driver of their positive outlook, forecasting a 35% compound annual growth rate in EBITDA over the next five years.
* The company exhibits promising fundamentals, despite current profitability challenges, with a gross margin of 40.5% and a strong cash position.
This new positive coverage from a research firm has generated renewed optimism among investors, leading to a noticeable increase in QXO's stock price.

Do you think 44$ is a reasonable target ? This seems stretched a lot ?

Q: Hello 5i team

Would you agree to open a full position today?

Is it very attractive at this price level?

Thanks

Q: Those excellent Cies, and others in various sectors, could be significantly punished if the US law bill 899 were adopted by the US senate with no change..Curiously, the valuations of those Cies are not compromised to this day , maybe because it is still too early, and that all this would only start in early 2026....What strategy do you suggest concerning all Cies that have significant US revenues in general ,before any official US senate confirmation? Your point of view shall be extremely appreciated !

Q: These are my 4 roughly equal weighted stocks in my TFSA which represent approximately 2% of total reg.and non reg. accounts. I have taken a barbell approach to this portfolio with EIF and GLXY anchoring the ends.
I have held WELL for several years waiting for that sustained breakout expected ( any day now ? ) and am down 20%. How much more time do I give it ? They seem to be getting all the pieces together and management is respected but I am getting itchy to sell and move on. Wait another quarter ? What will make it move higher without retreating ? What would YOU do if your portfolio ? Finally please provide 3 growth alternatives ( with reasons )should I decide to pull the plug .
Thanks. Derek

Q: Berkshire Hathaway is the biggest holding in my portfolio (at about 12%), and the price has been falling for the past month—it's now down 10% from its peak on May 2, though still 7% up YTD. The selloff accelerated in the past week. Should I be concerned? Any news there except for Buffett's retirement?

Q: Seems a bit weak lately. I wish to buy in. What are your thoughts on weakness and a reasonable price to pay. P.S. I want it for the dividend safety and growth.

Thanks, Stephen S

Q: What do you think of the latest results for five below … did you have the opportunity to listen to the earnings call and did they talked about the tarifs… Jim Cramer this morning said he was impressed :)

Q: The company has an interesting AI product they are trying to commercialize. Should I be more focussed on their financials or the longer term potential of the AI tech?

Q: Hi Peter & the 5i Team,

In your recent answer to Stephen, you stated that Boyd is in the Industrial Sector of the TSE. Actually, it's in the Consumer Discretionary Sector, as indicated on the TMX website and 5i's Portfolio Analytics.

If one wanted to sell BYD but remain in the Consumer Discretionary Sector, what would be your three best Canadian stocks to consider?

Thanks as always for your assistance.

Q: Thinking of including at least two of these in the fixed income portion of our portfolio. Do any carry any 'yellow' flags? All seem to DRIP, at least througfh my broker. Could one just weigh them based on current yield? Appreciate any thoughts.
Thanks, Bill

Q: Regarding Greg's question of June 9/25......re: the tax rate of selling one stock now versus waiting to sell the same stock after his father passes away. While the 5iR answer was technically correct, I would like to add the following:

In Canada we have a graduated tax system.....the more income you make, the higher potential for you to be in a higher tax bracket for that incremental income. Once you pass away, ALL of your RRSP-RRIF holdings are deemed to be withdrawn and taxed as income. Additionally, ALL of your Cash account holdings are deemed to be sold, generating (hopefully) capital gains. Then the combination is taxed according to our graduated tax system.

So....if I understood Greg's question correctly, the estate tax for his father would potentially be significantly higher if he waited until "later".

My personal current Marginal Tax Rate is around 31%. Using TurboTax, my final (terminal) MTR is 49%.

Apologies if I got this wrong and generated any confusion. Please do not post if I got this wrong. Post if I am correct. Thanks....Steve

Q: What explains the big increase (around 7-8%) of the value of these stocks today? What do you expect for the future and what is best to do (buy, sell or hold)?

Q: Why did Deutch Bank down grade? What is their rationale? What were the main reasons? Thank you for your objective view

Q: Nutrien seems to be moving higher... finally. Seeing it touch new 52 week high is a good technical indicator. Would you concur that fundamentals and outlook are also supporting a higher valuation?

Same question for ATS. Would you be a buyer here?

Q: Your thoughts on BMO ZLSU ETF for a long term hold? Any concerns?

Q: Thoughts on the RBRK quarter. Would you be adding now or is it getting too expensive? When do they expect to be profitable?

Q: What are your thoughts on using covered call ETFs to increase the yield of a portfolio?

Q: When you publish your monthly portfolios it would be helpful if you could also publish the end of month dividend yield and price per earnings of the Tsx and S & P 500.
Thank You

Q: Your thoughts on ZJAN BMO buffered ETF recommended by Larry Berman.

Thanks
Brian