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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hi, Propel stock chart looks horrible and stock can't seem to find support. Stock is now down 25% after the earnings release ( $29.89 to $22.40), after a strong quarter.

Mr Jason Donville commented in a recent interview that they were buying the stock at $6-$7 level, last year and they have been sellers for past few months, as stock has become expensive. This could also be true with many other early investors.

Propel has a market cap of $750 mln and is still relatively small cap. Do you believe that its multiple could grow, despite its size/sector risks and stock could trade higher ?

What is your advice for an investor who bought in at $22-$25 level ?

Thank You
Read Answer Asked by rajeev on May 23, 2024
Q: It seems that the telco sector will faced with challenges for the foreseeable future with price pressures on fees (I see it on my own bills) and likely not being able to recover for quite sometime. It was easier to sell the position on the non registered account and take advantage of the tax loss. I have kept my positions in the registered accounts for the dividend but am now wondering if perhaps a sell would be make sense and what to replace them with. Any ideas with some dividend and a little bit of growth?
Much appreciated.
Read Answer Asked by Francisco on May 23, 2024
Q: I did really well buying oil stocks when oil tanked 4 years ago, and holding during the recovery. What beaten up sector do you feel has great recovery potential like this currently? Would REIT's qualify since rate cuts appear to be coming soon, or are you not as confident in the recovery due to vacancy's & recession possibility? Thx
Read Answer Asked by Adam on May 23, 2024
Q: Peter,

In the recent ETF newsletter it mentions the numerator in the Free cash flow calculation is arrived at by subtracting operations cash flow from its capital expenditures. I don't believe this is correct. Should it not be subtract capital expenditures from total cash flow?

Thanks

Paul
Read Answer Asked by paul on May 23, 2024
Q: Aside from AI what industries do you think will do well over the next year, both CDA and USA? Can you pls recommend specific stocks or ETFs in those industries?
Read Answer Asked by Ron on May 23, 2024
Q: Is there an ETF somewhat similar to the two mentioned that I can buy on the TSX. I would like to purchase in Canadian dollars. Thank You.
Read Answer Asked by Brian on May 23, 2024
Q: In the current market and beyond, knowing I currently own CS, what would be 1 or 2 good Materials diversification stocks to buy or are the markets currently overvalued ? Is LUN a good example for instance ?

Thanks
Read Answer Asked by Roger on May 23, 2024